PIANY Applauds Gov. Murphy.

The Professional Insurance Agents of New Jersey applauded Gov. Phil Murphy for signing A-1924/S-2930. The new law, which has been a legislative priority for PIANJ, requires the commissioner of the Department of Banking and Insurance to waive the initial insurance producer licensing fee for any New Jersey resident veteran who has received an honorable discharge from a branch of the active or reserve component of the U.S. Armed Forces. The legislation was sponsored by Assemblyman Raj Mukherji, D-33, and Sen. Anthony R. Bucco, R-25, respectively.

According to the law, veterans still are required to pass the licensing examination and fulfill any other requirements for their licensure. In addition, veteran licensees need to comply with all other licensing fees imposed by law or regulation.

"PIANJ thanks the governor and the members of the state Legislature who supported this legislation," said PIANJ President Bruce Blum, CPIA. "PIANJ is grateful to...