Business Editors TRENTON, N.J.--(BUSINESS WIRE)--May 5, 2003 The General Assembly Banking and Insurance Committee today approved legislation correcting years of politically influenced auto insurance regulations that have eroded the availability of coverage for drivers. Voting unanimously, the Committee approved the New Jersey Automobile Insurance Competition and Choice Act, which aims to attract more auto insurers to do business in New Jersey and provide consumers greater and easier access to auto insurance coverage.