More than half of New Jersey Municipalities have elected to say farewell to their old insurance companies and join forces with each other to secure insurance protection through one of 18 MEL affiliated Joint Insurance Funds (JIF). JIFs are public entities chartered under Title 40:A 10-6 that allow local communities to pool their resources and achieve economies of scale and other advantages previously available only to large corporations or very large cities. This arrangement enables member municipalities to lower the ultimate cost of their fire, liability, automobile, and workers' compensation insurance.
