™Your Policy Risk Impact Agent
131 chapters · 3,637 sections in this title.
N.J.S.A. 17:29A-5.1 Motor vehicle insurance; rating systems; rules and regulations
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17:29A-5.1. Motor vehicle insurance; rating systems; rules and regulations The Commissioner of Insurance in promulgating rules and regulations as to statistical plans adapted to rating systems for motor vehicle liability and collision insurance for reporting an insurer's loss exp…
N.J.S.A. 17:29A-5.10 Excess profit carry forward
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17:29A-5.10. Excess profit carry forward In the event an excess profit is returned by an insurer in accordance with section 7 of this act and subsequent development demonstrates that an excess profit did not exist or was overstated, an "excess profit carry forward" in the amount …
N.J.S.A. 17:29A-5.11 Certification
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17:29A-5.11. Certification An insurer having fewer than 150 car years of exposure in New Jersey during the three calendar-accident years immediately preceding the date the profits report is due shall file a certification to that effect, in lieu of all other requirements of this a…
N.J.S.A. 17:29A-5.12 Plan for refund, credit.
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17:29A-5.12 Plan for refund, credit. 7. If the commissioner finds that an insurer has excess profits, the insurer shall establish, subject to the approval of the commissioner, a fair, practicable, and nondiscriminatory plan for the refund or credit of the excess profits to such g…
