Auto insurance rates are going up for more than 1 million New Jersey residents as a law goes into effect on Jan. 1 that increases the minimum amount of required liability insurance for drivers in the state from $15,000 to $25,000. Supporters of the law argued that car crash victims haven’t been able to have their medical bills fully covered because of low liability insurance coverage. Drivers affected by the new law can expect to pay $125 more a year per car for the higher coverage.

If you file an unemployment or disability claim with the state next year, you could receive higher benefits. The state on Wednesday announced new weekly maximum benefit rates. For unemployment, the payout will rise to $830, from the current $804. For temporary disability and family leave, the maximum weekly claim rises to $1,025, a $32 increase. For workers’ compensation, the weekly maximum rises to $1,099, a $34 increase. New Jersey resets these rates each year, based on the statewide average weekly wage.

New Jersey’s economy is in better shape than the economies of many other states, according to an analysis by Garden State Initiative. New Jersey’s economy grew 3.9% from July through September. That’s faster than the national economy, which grew by 3.2%. And hopes are high for economic growth in South Jersey in 2023. Christina Renna, the president and CEO of the Chamber of Commerce Southern New Jersey is optimistic about the growth potential for new industries, including wind energy, e-gaming and cannabis.