N.J. Admin. Code § 11:20-7.7

Current through Register Vol. 57, No. 1, January 6, 2025
Section 11:20-7.7 - Certification of loss ratio refunds

Within 30 days of issuing refunds to all policy or contractholders for a specific calendar year, any carrier required to provide a loss ratio refund pursuant this subchapter shall provide a certification to the Commissioner at the address in N.J.A.C. 11:20-6.4(a), stating the following: "The loss ratio refund, as set forth in the Loss Ratio Report, was issued by (name of company) to all policy or contractholders eligible for reimbursement with refund checks mailed, or premiums credited, on (date)."

N.J. Admin. Code § 11:20-7.7