In this video press release, Assembly Financial Institutions and Insurance Committee Chairman Gary S. Schaer (D-Passaic) discusses his committee's recent hearing on proposed changes put forth by the New Jersey Department of Banking and Insurance (DOBI) to the Personal Injury Protection (PIP) portion of the state's auto insurance laws.
The committee took over four hours of testimony on the DOBI proposals from a variety of stakeholders, including auto and health insurance representatives, health care professionals, lawyers and concerned residents.
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