NJDOBI regulates the banking/insurance/real estate industries to protect/educate consumers and promote growth/financial stability/efficiency of the industries

Trenton, NJ
Joined January 2011
On Wednesday, October 21, @NJDOBI hosted its first mobile outreach initiative alongside @brianstacknj 's office, @NJDHS and @ConsumerNJ! Constituents were able to ask questions and get help on a variety of banking, real estate, and insurance issues.
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Did you know homeowners’ insurance doesn’t cover flood damage? Protect the life you’ve built with flood insurance. It takes only minutes to get a quote. Check your risk and buy a policy on floodsmart.gov/policy-quote.
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Yesterday, the Senate Judiciary Committee unanimously advanced @NJDOBI Acting Commissioner Susan Ochs to the full Senate for a confirmation vote.
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"All New Jerseyans deserve the opportunity and security that financial services can provide in their lives. As Commissioner, I would be honored to protect the interests of New Jersey families and help contribute to a strong financial future.”
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Acting Commissioner Ochs testified before the Senate Health, Human Services and Senior Citizens Committee about how H.R. 1 has brought significant changes to the health insurance landscape, making coverage more expensive and plans harder to navigate for many New Jerseyans.
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NJ DOBI retweeted
Today, Health Commissioner Dr. Raynard Washington joined @NJDHS @CmrChaNJ and @NJDOBI Acting Commissioner Ochs to testify before the Senate Health, Human Services and Senior Citizens Committee on how H.R. 1 will affect NJ. Need low-cost care? nj.gov/health/findcare. #HealthierNJ
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NJ DOBI retweeted
.@CmrChaNJ testifies before a Senate panel on protecting access amid federal Medicaid and SNAP cuts: "Behind every eligibility determination is a person or a family. Behind every funding reduction are consequences for providers and communities." More: bit.ly/4zNm7Oj
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Earlier this week, Acting Commissioner Susan Ochs spoke at the New Jersey Special Investigators Association's 28th Insurance Fraud Summit, highlighting the Department's commitment to collaborating with members of the industry and protecting consumers to combat insurance fraud.
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New Jersey Department of Banking and Insurance announced a significant enforcement action today against Government Employees Insurance Company (GEICO), driving the return of over $10.5 million in wrongfully-charged premium back to New Jersey policyholders. nj.gov/dobi/pressreleases/pr…
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Thank you to @senatortesta and Assemblyman Erik Simonsen for the tour of Cape May communities. NJDOBI looks forward to our continued collaboration in supporting local constituents.
Yesterday, Assemblyman Erik Simonsen and I met @NJDOBI Commissioner Susan Ochs and her staff to address ongoing challenges facing residents of Cape May County communities who are struggling to obtain property and homeowners insurance. 🧵
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@NJDOBI Director of Consumer Finance, James Savage, joined NJCA at the Financial Justice Summit where he spoke about DOBI’s efforts to protect New Jersey consumers across the state.
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We met with @NJDOBI Commissioner Ochs and consumer protection advocates to hear about the financial challenges facing New Jersey families. Stronger consumer protection is built on collaboration. Looking forward to working together to make life more affordable for NJ residents.
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On October 1st, @NJDOBI kicked off Insurance Fraud Awareness Month with our first Insurance Fraud Advisory Board meeting of the year! Industry and non-industry board members joined us for a collaborative discussion on important topics surrounding insurance fraud.
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Last week @NJDOBI Commissioner Ochs and Senator Lagana visited the Dr. John Grieco Campus at Bergen County Academies to meet business students, learn more about the advanced financial concepts students are studying, and get a firsthand look at the school’s trading floor.
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Congratulations to Bergen County Academies and its students for engaging a comprehensive academic examination of the finance and business world. We look forward to great things!
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¿Tuvo un cambio importante en su vida? Podría calificar para un período de inscripción especial de #GetCoveredNJ. Pasen por Seaside Park, NJ el viernes para encontrar un plan de seguro médico de calidad que se adapte a su vida. Vea si es elegible: GetCovered.NJ.gov
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Major life event? You may qualify for a Special Enrollment Period through #GetCoveredNJ. Stop by Seaside Park Farmers Market on Friday, Sept. 4 where Navigators will be available to help you find a quality health plan that fits your life. See if you qualify or visit us online at GetCovered.NJ.gov.
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Did you know? Anywhere that it rains it can flood. Just one inch of flood water can cause more than $25,000 in damage. Learn more about protecting your home from floods. floodsmart.gov/prepare/minim…
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Flood Safety Week is here! Do you know your flood risk? With future storms in mind, DEP launched the “Know Your Flood Risk” tool to help New Jersey residents understand their risk and prepare. The easy-to-use resource combines FEMA flood maps with updated climate data from DEP and Rutgers to show how flooding could affect your area today and in the future. You can also find information on weather and emergency alerts, New Jersey’s real estate disclosure requirements, DEP Blue Acres buyouts, and learn which communities across the state are facing the greatest flood risks. 👉Know your risk and ensure you’re prepared: dep.nj.gov/floodrisktool #FloodSafetyWeek #ReadyNJ
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Homeowners should assess whether to purchase flood insurance in advance of storms. A flood insurance policy can be purchased from the National Flood Insurance Program or from an insurance company offering private flood insurance. Learn more: state.nj.us/dobi/division_co…
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