Conner Strong says actions cited in Comptroller’s report legal, ethical

TRENTON –  The insurance giant run by Democratic power broker George Norcross responded to today’s release of a Comptroller’s report that questioned hundreds of millions of dollars in spending at the Delaware River Port Authority.

Conner Strong & Buckelew, whose executive chairman is George Norcross, said in a prepared release that “We fully support the OSC’s efforts to advance transparency and trust at DRPA, and are pleased that its findings ultimately show that Commerce Insurance Services and its successor companies acted in an entirely proper, legal and ethical manner in full compliance with all statutory, regulatory, industry and professional standards.”

In the Comptroller’s report, it recounted how a New Jersey insurance company, Willis, paid $455,000 of its DRPA-originated commissions to Conner Strong and a related insurance broker between 2003 and 2009..

Willis and Conner Strong provided contradictory reasons for these payments, which never were formally disclosed to DRPA, according to the report.

Earlier story:

DRPA says Comptroller’s report issues being addressed

 

Conner Strong says actions cited in Comptroller’s report legal, ethical