Current through Register Vol. 56, No. 21, November 4, 2024
Section 11:3-18.1 - Purpose and scope(a) This subchapter sets forth the procedures used by the Department to review voluntary market private passenger automobile insurance rate filings and implements 17:29A-1 et seq. and N.J.S.A. 52:27EE-46 et seq. It is intended to provide for the expeditious review and disposition of automobile insurance rate filings consistent with applicable statutes regarding insurance and administrative procedures.(b) This subchapter applies to private passenger automobile rate filings that require prior approval of the Commissioner made pursuant to 17:29A-14.(c) This subchapter shall be construed so as to be compatible with the rules that set forth requirements for rate filings, N.J.A.C. 11:3-16; the provisions of the Administrative Procedures Act, 52:14B-1 et seq.; and the administrative procedure rules, N.J.A.C. 1:1 and 1:11 concerning the disposition of matters after they have been determined to be a contested case.(d) The Division of Rate Counsel shall have no jurisdiction or authority to participate or intervene in: 1. Expedited prior approval rate filings made by an insurer or affiliated group of insurers pursuant to 17:29A-46.6 or 17:36-5.3 5;2. Prior approval rate filings having an overall impact of seven percent or less except when an insurer has filed for one or more prior approval rate filing(s) for implementation within a 12-month period and the impact of the filing(s) is a combined overall increase of more than seven percent, in which case this subchapter shall apply to the filing which causes the combined overall increase to exceed seven percent; or3. Rule or form filings for any other form of insurance.N.J. Admin. Code § 11:3-18.1
Amended by R.2001 d.44, effective 2/5/2001.
See: 32 N.J.R. 3891(a), 33 N.J.R. 573(a).
Rewrote (b).
Amended by R.2007 d.371, effective 12/3/2007.
See: 39 N.J.R. 344(a), 39 N.J.R. 5084(a).
In (a), inserted "and N.J.S.A. 52:27EE-46 et seq."; in (b), inserted "private passenger automobile" and updated the N.J.S.A. reference; and added (d).
Amended by R.2010 d.230, effective 10/18/2010.
See: 41 N.J.R. 3363(a), 42 N.J.R. 2425(a).
In the introductory paragraph of (d), deleted "Public Advocate"; and rewrote (d)2.