N.J. Admin. Code § 11:19-3.4

Current through Register Vol. 56, No. 9, May 6, 2024

Section 11:19-3.4 - SLAS requirements for all surplus lines insurers

(a) All eligible surplus lines insurers shall prepare and maintain an annual report listing net written premiums for all insurance covering a subject of insurance where New Jersey is the home state. Surplus lines insurers which write no business where New Jersey is the home state during a calendar year shall prepare and maintain a signed affidavit attesting that no such business was written for the calendar year.

(b) An insurer's annual report shall list for each policy, the named insured, the transaction number, the producer's name and address, the policy number, the written premium amount, and the effective and expiration dates. Insurers shall note all premium activity that occurred on a policy during the calendar year. Transaction numbers are not required with respect to risks that are directly procured without the participation of a New Jersey surplus lines agent. Upon request by the Department, an insurer shall file this report for the requested calendar year with the Department through the SLAS website: www.njslasuite.com.

Amended by R.1998 d.109, effective 2/17/1998.
See: 29 N.J.R. 5260(a), 30 N.J.R. 674(b).
In (b), added the second and last sentences; in (c)2, changed the address; deleted (c)2i; and added a new 6ii and recodified the existing language of 6 into 6i and iii.
Amended by R.2001 d.132, effective 5/7/2001.
See: 33 N.J.R. 14(a), 33 N.J.R. 1392(a).
Rewrote (a) and (b); deleted (c).
Amended by R.2015 d.085, effective 5/18/2015.
See: 46 N.J.R. 1406(a), 47 N.J.R. 1006(a).
Section was "SLPS subsystem requirements for all surplus lines insurers". Rewrote the section.
Notice of readoption with technical changes.
See: 47 N.J.R. 2379(a).