New Jersey Administrative Code

(a) The following fees shall be payable as set forth in this chapter: 1. License fee, not limited line, for a biennial license: $ 150.00; 2. License fee for limited line only, for a biennial license: $ 75.00; 3. Filing or processing initial application, electronic online submissi…

(a) Whenever it appears from an application, renewal form, attached documents or Department records that an applicant has not demonstrated the qualifications prescribed in the Act and this chapter, the Department shall advise the applicant in writing that the license requested is…

(a) A licensee may surrender a current producer license by returning the license document to the Department for cancellation at any time before expiration. The Department may refuse to accept a request for cancellation of a business entity license unless all current licensed offi…

(a) The following licensee records shall be public records in accordance with N.J.S.A. 47:1A-1 et seq.: 1. Individual licensee: Name, license reference number, business name, business mailing and location address, business telephone and fax numbers, date of birth, license authori…

(a) The Department may request that licensed producers and license applicants submit their social security numbers to the Department. All such requests shall either include or be accompanied by a notice stating: 1. The purpose or purposes for which the Department intends to use t…

(a) Producers licensed in accordance with the Act and this chapter shall be authorized to write the kinds of insurance designated, if qualified by each authority set forth below. 1. Life Authority: All coverages defined as "life insurance" in N.J.S.A. 17B:17-3; and all coverages …

(a) Requirements for a first time applicant for an individual license are as follows: 1. A properly completed application, in a form, including electronic online submissions, approved by the Department or the current version of the NAIC uniform application for individual producer…

(a) A limited lines portable electronics insurance producer license issued to a portable electronics insurance vendor shall authorize the licensee and its employees or authorized representatives to engage in those activities permitted pursuant to that license. The insurer providi…

(a) The Commissioner or his or her designee is authorized to issue a temporary work authority allowing the applicant to begin work when the applicant has submitted in proper form the items required by N.J.A.C. 11:17-2.3 if the submission does not disclose any matter that may disq…

(a) A current licensee shall renew a license in the following manner: 1. Prior to expiration of the current license term, each licensee shall submit a properly completed renewal application, including electronic online submissions, together with payment of renewal fees in accorda…

(a) A currently licensed individual producer may obtain additional authorities as described in N.J.A.C. 11:17-2.2 by submitting a written request to the Department or by completing an online application, which may be submitted by an authorized submitter, and by providing the foll…

(a) No resident licensed individual producer shall conduct insurance business under a name other than his or her legal name unless the name has been filed with and approved by the Department. Nothing in this section shall prohibit the transaction of business under the licensee's …

(a) Except for licensees with authority in only ticket insurance, group mortgage cancellation insurance, legal insurance, credit insurance, car rental insurance, travel insurance or self-storage personal property insurance, licensees shall file with the Department by hard copy or…

(a) Persons and entities that establish programs that include teaching or offering insurance courses to satisfy professional qualification requirements for prelicensing or continuing education for producers or continuing education for public adjusters shall, prior to conducting s…

(a) Each approved insurance education provider (except as modified hereafter) shall: 1. Maintain an office where student records, samples of all instructional material used, and the certificate of approval for the program are kept. The office shall be accessible to the Department…

(a) An insurance education provider may be denied approval for failure to meet the requirements of this subchapter. (b) Any denial of an application for approval of insurance education provider's program, or any proposal to revoke or suspend approval of insurance education provid…

(a) Except as provided in (e) through (g) below, each applicant for a resident insurance producer's license that is not solely for a limited line product shall pass a course of prelicensing education offered by a provider approved by the Department with the appropriate number of …

(a) Except for applicants seeking authority in only travel insurance, car rental insurance, ticket insurance, group mortgage cancellation insurance, legal insurance, credit insurance, or self-storage personal property insurance, all applicants for a resident insurance producer li…

(a) No resident individual insurance producer licensed with life, accident, and health or sickness, property, casualty, surplus lines, title, variable life and variable annuity, or personal lines authority shall be renewed unless the renewal applicant demonstrates that he or she …

Notes N.J. Admin. Code § 11:17-3.7 Amended by R.1998 d.153, effective 4/6/1998. See: 29 N.J.R. 5259(a), 30 N.J.R. 1318(a). In (a)1, inserted a reference to a Chartered Financial Consultant designation. Recodified from N.J.A.C. 11:17-3.5 by R.2002 d.354, effective 11/4/2002. See: …

This subchapter implements the provisions of N.J.S.A. 17:22C-1 et seq. This subchapter sets forth the procedures for the regulation of certain persons, firms, associations or corporations who act as managing general agents on behalf of insurers. Notes N.J. Admin. Code § 11:17-6.1…

The following words and terms, when used in this subchapter, shall have the following meanings, unless the context clearly indicates otherwise. "Commissioner" means the Commissioner of the New Jersey Department of Insurance. "Insurer" means: 1. Any corporation, association, partn…

(a) Subject to (f) below, no person, firm, association or corporation shall act in the capacity of a managing general agent with respect to risks located in this State for an insurer licensed in this State unless such person is licensed as an insurance producer in this State, wit…

(a) No insurer shall appoint or continue to use the services of any MGA to act for it in this State, either directly or indirectly through sub-agents of the MGA, unless the managing general agent is qualified to act as an MGA in this State pursuant to N.J.A.C. 11:17-6.3. (b) The …

(a) No person, firm, association or corporation shall act as an MGA with respect to risks located in this State for an insurer licensed or domiciled in this State, unless the MGA and the insurer have notified the Commissioner as provided (b) below. (b) Insurers and MGAs required …

(a) If the contract between the MGA and the insurer permits the MGA to settle claims on behalf of the insurer the MGA shall comply with the requirements governing the settlement of claims set forth in N.J.S.A. 17:29B-4, 17B:30-13.1 and 17B:30-13.2 as applicable and any regulation…

(a) All policy and claim files shall be the joint property of the insurer and MGA. Upon termination of the MGA appointment for this State, all original policy and claim files shall be returned to the insurer. The MGA may retain copies of these files. (b) All books and records of …

(a) If the Commissioner finds, after notice and opportunity for a hearing pursuant to the provisions of the Administrative Procedure Act, N.J.S.A. 52:14B-1 et seq. as implemented by the Uniform Administrative Procedure Rules, N.J.A.C. 1:1, that any person has violated any provisi…

This subchapter implements the provisions of N.J.S.A. 17:22E-1 et seq. This subchapter sets forth the procedures for the regulation of certain persons, firms, associations or corporations who act as reinsurance intermediaries and for insurers which transact business through a rei…

The following words and terms, when used in this subchapter, shall have the following meanings, unless the context clearly indicates otherwise: "Commissioner" means the Commissioner of the New Jersey Department of Insurance. "Controlling person" means a person which directly or i…

(a) No person shall act as a reinsurance intermediary in this State unless licensed as a producer in this State, with authority for the kind and kinds of business to be transacted. The Commissioner may authorize a person to act as a reinsurance intermediary if that person has com…

(a) No person, firm, association or corporation shall act as a reinsurance intermediary-broker in this State if the reinsurance intermediary-broker maintains an office either directly or as a member or employee of a firm or association, or an officer, director or employee of a co…

(a) No insurer or reinsurer shall appoint or continue to use the services of a reinsurance intermediary unless the reinsurance intermediary is qualified to act as a reinsurance intermediary in this State pursuant to N.J.A.C. 11:17-7.3 and 7.4. (b) Transactions between a reinsuran…

(a) For at least 10 years after the expiration of each contract of reinsurance transacted by the reinsurance intermediary, the reinsurance intermediary shall keep a complete record for each transaction showing: 1. The type of contract, limits, underwriting restrictions, classes o…

(a) If the Commissioner finds, after notice and opportunity for a hearing pursuant to the provisions of the Administrative Procedure Act, N.J.S.A. 52:14B-1 et seq., as implemented by the Uniform Administrative Procedure Rules, N.J.A.C. 1:1, that any person has violated any provis…

(a) The purpose of this subchapter is to implement the provisions of N.J.S.A. 17:22A-26 et seq. generally, and 17:22A-29 in particular, by identifying the insurance-related activities that require licensure as an insurance producer. (b) This subchapter applies to all persons perf…

The following words and terms, when used in this chapter, shall have the following meanings, unless the context clearly indicates otherwise: "Automobile" means a private passenger automobile of a private passenger or station wagon type that is owned or hired and is neither used a…

(a) Except as provided in N.J.A.C. 11:17B-2.1(b) or (e), no person shall act as an insurance producer or maintain or operate any office in this State for the transaction of the business of an insurance producer, or receive any commission, brokerage fee, compensation or other cons…

(a) No person shall solicit, negotiate or sell an insurance contract in New Jersey unless he or she is a licensed insurance producer. (b) Selling, soliciting or negotiating an insurance contract includes, but is not limited to, the following activities: 1. Discussing the effect o…

Office employees who perform strictly clerical duties under the supervision and control of an insurer or licensed producer shall not be required to be licensed as an insurance producer. Notes N.J. Admin. Code § 11:17A-1.5 Amended by R.1993 d.199, effective 5/3/1993. See: 25 New J…

(a) Each place of business maintained by an insurance producer for the purpose of transacting the business of insurance shall be under the direct supervision of an insurance producer. (b) Any insurance producer who has established one or more places of business for the purpose of…

(a) An insurance agent, or an insurance broker who has a brokerage relationship with an insurer, when soliciting personal private passenger automobile insurance, shall: 1. Upon request, submit an application for automobile insurance to the insurer selected by the applicant. i. Wh…

(a) The Commissioner shall impose penalties for violations of this subchapter in accordance with the provisions of N.J.S.A. 17:22A-26 et seq. and any other applicable law. (b) For the purpose of determining the existence of a violation and assessing a penalty under this subchapte…

If any provision of this subchapter or the application thereof to any person or circumstance is held invalid, the remainder of the subchapter and the application of such provision to other persons or circumstances shall not be affected thereby. Notes N.J. Admin. Code § 11:17A-1.9…

(a) This subchapter implements the provisions of N.J.S.A. 17:29A-15, 17:29B-4 and 17B:30-13 and 15 by prohibiting insurance producers from engaging in certain practices in connection with the business of insurance. (b) This subchapter applies to all insurance producers. Notes N.J…

(a) The Commissioner shall impose penalties for violations of this subchapter in accordance with the provisions of N.J.S.A. 17B:30-1 et seq., 17:29B-1 et seq. and 17:22A-26 et seq. (b) For the purpose of determining the existence of a violation and assessing a penalty under this …

If any provision of this subchapter or the application thereof to any person or circumstance is held invalid, the remainder of the subchapter and the application of such provision to other persons or circumstances shall not be affected thereby. Notes N.J. Admin. Code § 11:17A-2.1…