( January 9, 2024, 8:39 AM EST) -- TRENTON, N.J. — A New Jersey appellate court affirmed a decision by the commissioner of the New Jersey Department of Banking and Insurance (NJDOBI) that imposed more than $60,000 in civil penalties and fees and revoked an insurance agent’s license related to his submission of forged insurance applications in violation of the New Jersey Insurance Producer Licensing Act (Producer Act) and the New Jersey Insurance Fraud Prevention Act (Fraud Act), finding “no basis for disturbing the Commissioner's reasoned determination.”...