N.J. Admin. Code § 11:1-1.2

Current through Register Vol. 56, No. 21, November 4, 2024

Section 11:1-1.2 - Sharing of information with other officials and agencies

(a) The Commissioner may share any information regarding the financial condition of insurers, including information that is not subject to public inspection or copying pursuant to the Open Public Records Act, 47:1A-1 et seq., with the National Association of Insurance Commissioners or any regulatory official of any state or U.S. territory, Federal agency or foreign country, provided that such official or agency is authorized and irrevocably agrees to hold such information confidential to the same extent as is provided under the laws of this State.

(b) The Commissioner may enter into an agreement with the National Association of Insurance Commissioners or any insurance regulator of any state or U.S. territory, Federal agency or foreign country, by which the Commissioner shall hold any information received from such official or agency as confidential and not subject to public inspection or copying pursuant to the Open Public Records Act, 47:1A-1 et seq., to the same extent such information is required to be held confidential pursuant to that agency's laws or other requirements.

New Rule, R.1995 d.367, effective 7/3/1995.
See: 27 N.J.R. 1736(a), 27 N.J.R. 2582(a).
Recodified from N.J.A.C. 11:1-1.3 by R.2003 d.139, effective 4/7/2003.
See: 34 N.J.R. 4041(a), 35 N.J.R. 1546(a).
Amended by R.2006 d.307, effective 9/5/2006.
See: 37 N.J.R. 4156(a), 38 N.J.R. 3586(a).
Section was "Sharing of information with other insurance departments". Rewrote (a) and (b).