Title 17, Title 17: CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

17:29AA-31. Monitoring implementation and effect of act; recommendations The commissioner shall monitor the implementation and effect of this act on the commercial lines marketplace and shall report to the Legislature no later than 3 years after the enactment of this act, and rec…

17:29AA-32. Approved rates and forms Approved rates and forms for commercial lines insurance in effect on the effective date of this act pursuant to the provisions of P.L.1944, c. 27 (C. 17:29A-1 et seq.) shall remain in effect until changed, amended or replaced pursuant to the p…

17:29AA-33 Publication of summary concerning business interruption insurance. 1. The Department of Banking and Insurance shall publish on its internet website, on or before the 90th day after the date of enactment of P.L.2021, c.98 (C.17:29AA-33 et al.), a one page summary of com…

17:29AA-34 Provision of summary by authorized insurer. 2. An authorized insurer shall provide the summary published pursuant to section 1 of P.L.2021, c.98 (C.17:29AA-33) to any potential purchaser of, or any policyholder seeking renewal of, a policy that provides coverage for th…

17:29AA-4. Scope of application All policies of commercial lines insurance, issued by an insurer licensed to do business in this State shall be issued in accordance with the provisions of this act. L.1982, c. 114, s. 4.

17:29AA-5 Filing of rates, supplementary rate information changes, amendments. 5. a. Notwithstanding any other law to the contrary, every authorized and admitted insurer and every rating organization shall file with the commissioner all rates and supplementary rate information an…

17:29AA-5.1 Annual rate change for medical malpractice liability insurance. 3. a. With respect to medical malpractice liability insurance, the commissioner shall prescribe by regulation a designated range of annual rate change, which shall be an increase or decrease of between no…

17:29AA-6. Policy forms; filing; approval; special risks Notwithstanding any other law to the contrary, insurers shall file copies of all policy forms for approval with the commissioner at least 30 days prior to becoming effective. Unless disapproved by the commissioner prior to …

17:29AA-7. Public inspection; filings and supporting information; copies Each filing and supporting information filed under this act shall, as soon as filed, be open to public inspection at any reasonable time. Copies may be obtained by any person on request and upon payment of a…

17:29AA-8. Rates; establishment An insurer may itself establish rates and supplementary rate information, or it may use rates and supplementary rate information prepared by a rating organization of which it is a member or subscriber, with such modification for its own expense and…

17:29AA-9. Rates; factors in establishment In making rates, due consideration shall be given to: past and prospective loss experience, including where pertinent, the conflagration and catastrophe hazards, if any, both within and without the State; all factors reasonably related t…

17:29B-1. Declaration of purpose The purpose of this act is to regulate trade practices in the business of insurance in accordance with the intent of Congress as expressed in the Act of Congress of March 9, 1945 (Public Law 15, 79th Congress), by defining, or providing for the de…

17:29B-10. Intervenor; action to enjoin violations If the determination of the commissioner does not charge a violation of this act, then any intervenor in the proceedings before him may, within thirty days after the service of such determination, institute an action, notwithstan…

17:29B-11. Penalty Any person who violates a cease and desist order of the commissioner under section seven, after it has become final, and while such order is in effect, shall forfeit and pay to the State of New Jersey a sum not to exceed five thousand dollars ($5,000.00) for ea…

17:29B-12. Provisions of act additional to existing laws The powers vested in the commissioner by this act shall be additional to any other powers to enforce any penalties, fines or forfeitures authorized by law with respect to the methods, acts and practices hereby declared to b…

17:29B-13. Immunity from prosecution If any person shall ask to be excused from testifying or from producing any books, papers, records, correspondence or other documents at any hearing on the ground that the testimony or evidence required of him may tend to incriminate him or su…

17:29B-14. Separability provision If any provision of this act, or the application of such provision to any person or circumstances, shall be held invalid, the remainder of the act, and the application of such provision to persons or circumstances other than those as to which it …

17:29B-15 Enforceability of insurance release, waiver of rights under certain circumstances. 3. a. No insurance release or waiver of rights by a claimant to compensation for personal injury or wrongful death arising from an accident or disaster executed within 30 days after the d…

17:29B-16 Definitions relative to victims of domestic violence. 1. As used in this act: "Domestic violence" and "victim of domestic violence" shall have the same meaning as in section 3 of P.L.1991, c.261 (C.2C:25-19). "Domestic violence" shall also mean intentionally, knowingly …

17:29B-17 Prohibited insurance practices relative to victims of domestic violence. 2. An insurer, on the basis that the insured or prospective insured: is or may be a victim of domestic violence; employs a person who is or may be a victim of domestic violence; or is a domestic vi…

17:29B-18 Complaints, penalties for violations. 4. a. A person aggrieved by a violation of this act may file a complaint with the Commissioner of Banking and Insurance. Upon receipt of the complaint, the commissioner shall investigate an insurer to determine whether the insurer h…

17:29B-19 Rules, regulations. 5. The Commissioner of Banking and Insurance shall adopt rules and regulations pursuant to the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), necessary to effectuate the purposes of this act. L.2003,c.41,s.5.

17:29B-2. Definitions When used in this act: (a) "Person" shall mean any individual, corporation, association, partnership, reciprocal exchange, inter-insurer, Lloyds insurer, fraternal benefit society, and any other legal entity engaged in the business of insurance, including ag…

17:29B-3. Unfair methods of competition or unfair acts or practices prohibited No person shall engage in this State in any trade practice which is defined in this act as or determined pursuant to this act to be an unfair method of competition or an unfair or deceptive act or prac…

17:29B-4. Unfair methods of competition, unfair, deceptive acts, practices, defined 4. The following are hereby defined as unfair methods of competition and unfair and deceptive acts or practices in the business of insurance: (1) Misrepresentations and false advertising of policy…

17:29B-4.1 Certain homeowners' insurance inquiries not deemed as claim; violations, penalties. 1. a. No inquiry by an insured for information regarding the insured's homeowners' insurance policy, or coverage for a particular loss under that policy, shall be categorized as a claim…

17:29B-5. Power of commissioner The commissioner shall have power to examine and investigate into the affairs of every person engaged in the business of insurance in this State in order to determine whether such person has been or is engaged in any unfair method of competition or…

17:29B-6. Hearings, witnesses, appearances, production of books and service of process (a) Whenever the commissioner shall have reason to believe that any such person has been engaged or is engaging in this State in any unfair method of competition or any unfair or deceptive act …

17:29B-7. Cease and desist orders; penalties; modifications (a) If, after such hearing, the commissioner shall determine that the method of competition or the act or practice in question is defined in section four and that the person complained of has engaged in such method of co…

17:29B-8. Judicial review of cease and desist orders An order of the commissioner under section seven shall be subject to review by the Superior Court in a proceeding in lieu of prerogative writ. No order of the commissioner under this act shall in any way relieve or absolve any …

17:29B-9. Procedure as to unfair methods of competition and unfair or deceptive acts or practices which are not defined (a) Whenever the commissioner shall have reason to believe that any person engaged in the business of insurance is engaging in this State in any method of compe…

17:29BB-1 Short title. 1. This act shall be known and may be cited as the "New Jersey Insurance Fair Conduct Act." L.2021, c.388, s.1.

17:29BB-2 Definitions. 2. As used in this act: "First-party claimant" or "claimant" means an individual injured in a motor vehicle accident and entitled to the uninsured or underinsured motorist coverage of an insurance policy asserting an entitlement to benefits owed directly to…

17:29BB-3 Claimant's rights, civil action; unreasonable delay, denial. 3. a. In addition to the enforcement authority provided to the Commissioner of Banking and Insurance pursuant to the provisions of P.L.1947, c.379 (C.17:29B-1 et seq.) or any other law, a claimant, who is unre…

17:29C-1. Policy provision; written notice In addition to the powers conferred upon him by any other law, the Commissioner of Banking and Insurance is hereby authorized and empowered to direct, by rule or regulation as hereinafter provided, that insurance companies organized unde…

17:29C-1.1 Definitions relative to senior citizen insureds. 1. For purposes of this act: "Commissioner" means the Commissioner of Banking and Insurance. "Insurer" means: a. Any corporation, association, partnership, reciprocal exchange, interinsurer, Lloyd's insurer, fraternal be…

17:29C-1.2 Senior citizen insured to designate third party to receive copies of certain notices. 2. Every insurer shall permit its senior citizen insureds to designate a third party to whom the insurer shall transmit a copy of notices of cancellation, nonrenewal and conditional r…

17:29C-10. Written notice of cancellation or intention not to renew; effectiveness No written notice of cancellation or of intention not to renew sent by an insurer to an insured in accordance with the provisions of an automobile insurance policy shall be effective unless a. (1) …

17:29C-11. Cancellation or nonrenewal of automobile liability insurance; contents of notice When a policy of automobile liability insurance is canceled, other than for nonpayment of premium, or in the event of failure to renew a policy of automobile liability insurance to which s…

17:29C-12. Reason for cancellation; request Where the reason for cancellation does not accompany or is not included in the notice of cancellation, the insurer shall upon written request of the named insured, mailed or delivered to the insurer not less than 15 days prior to the ef…

17:29C-13. Immunity from liability There shall be no liability on the part of and no cause of action of any nature shall arise against the Commissioner of Insurance or against any insurer, its authorized representative, its agents, its employees, or any firm, person or corporatio…

17:29C-2. Direction that specific provisions be included; exception The commissioner may direct that any or all of the aforesaid provisions, which he is herein authorized and empowered to direct, be included in any or all types of insurance policies covering any or all insurance …

17:29C-2.1. Dangerous drivers No insurer, including the New Jersey Automobile Full Insurance Underwriting Association, shall be required to issue or renew collision or comprehensive insurance coverage, or both, at standard market rates, for an automobile, as defined in section 2 …

17:29C-3. Revocation of direction; duration of direction The commissioner may revoke the direction of any or all of the aforesaid provisions at any time when, in his discretion, the need for same no longer exists, and no such direction by the commissioner shall be valid for a per…

17:29C-4. Reports from insurers; rules and regulations The commissioner may require such reports from insurers and may make any reasonable rules and regulations to carry out the purposes of this act as he shall deem necessary. L.1968, c. 131, s. 4, eff. July 3, 1968.

17:29C-4.1. Return of unearned premiums; penalty 1. Whenever an insurance policy or contract is canceled, the insurer on notice thereof shall return to the insured, within a reasonable time not to exceed 60 days of cancellation or notice, whichever occurs last, or 60 days after t…