N.J. Admin. Code § 11:3-19A.1

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

Section 11:3-19A.1 - Purpose and scope

(a) This subchapter implements 17:29A-46.1 et seq., which requires that personal private passenger automobile insurers file for approval their tier placement criteria used to assign risks to a tier rating plan. Approval of tier placement criteria shall serve to confirm that each insurer's business practices are consistent with law regarding the assignment of a risk to an insurer's tier rating plan.

(b) This subchapter applies to all insurers that are licensed and authorized to transact personal private passenger automobile insurance in the voluntary market. It applies to groups of affiliated companies which insure risks through separate individual insurance companies.

(c) This subchapter does not apply to the New Jersey Personal Automobile Insurance Plan or to private passenger automobile insurance written in a commercial lines rating system filed pursuant to N.J.S.A. 17:29AA-1 et seq. except to those risks that are assigned to an insurer pursuant to N.J.S.A. 17:29D-1i.

(d) Pursuant to 17:33B-31, insurers may use information provided by a rating organization or advisory organization, including, but not limited to, rules used to assign risks to a tier rating plan, classifications, rating rules and relativities. An insurer duly participating with a rating organization may make a reference filing to utilize rating and advisory organization rules used to assign risks to a tier rating plan, classifications, rating rules and relativities.

N.J. Admin. Code § 11:3-19A.1

Amended by R.2008 d.380, effective 12/15/2008 (operative January 1, 2009).
See: 40 N.J.R. 3572(a), 40 N.J.R. 6970(b).
Rewrote (a); and in (c), deleted "eligible person" following "those".