N.J. Admin. Code § 11:27-11.1

Current through Register Vol. 57, No. 1, January 6, 2025

Section 11:27-11.1 - Purpose and scope

(a) The purpose of this subchapter is to establish reporting requirements regarding reinsurance agreements and loss reserves established by insurers that are writing medical malpractice liability insurance in this State.

(b) Except as set forth in this subchapter, this subchapter shall apply to insurers that are writing medical malpractice liability insurance in this State. This subchapter shall not apply to any insurer that has less than $ 1,000,000 of direct written premiums in medical malpractice liability insurance on a countrywide basis as of December 31 immediately preceding, or an insurer that has less than $ 1,000,000 of direct written premiums in medical malpractice liability insurance in this State as of December 31 immediately preceding and that do not write coverage for physicians or surgeons for the relevant period.