N.J. Admin. Code § 11:3-46.7

Current through Register Vol. 56, No. 23, December 2, 2024

Section 11:3-46.7 - Qualified producers

(a) Only UEZ agents who have met any limit on exposures that may be written in accordance with the UEZ agent's agreement with the appointing insurer pursuant to 17:33C-4, and who is certified by the PAIP, or qualified producers as set forth below, shall be permitted to submit risks from UEZs to the PAIP for coverage under the voluntary rating tier, subject to any apportionment of distributions by the PAIP pursuant to 11:3-46.1 1(h).

(b) For purposes of this subchapter, a "qualified producer" is a producer who:

1. Has been duly licensed with property/casualty authority for the three years immediately preceding the effective date of 17:33C-1 et seq.;

2. Has no affiliation with a voluntary market insurer for the placement of automobile insurance;

i. A producer shall not be deemed to have an affiliation with a voluntary market insurer if the insurer has been placed in rehabilitation or liquidation pursuant to 17:30C-1 et seq.; or has been placed under administrative supervision pursuant to 17:51A-1 et seq.;

3. Had an affiliation with a voluntary market insurer for the placement of automobile insurance that was terminated by the insurer in the last three years;

4. Conducts as of the date of application and has continuously conducted his or her business in a bona fide office in a UEZ during the three years immediately preceding January 1, 1998, supported by proper documentation;

5. Is certified by the PAIP; and

6. Demonstrates to the PAIP his or her competency, efficiency and effectiveness in the solicitation, negotiation and effectuation of automobile insurance as evidenced by any history of disciplinary actions or complaints against the producer, and other relevant factors.

(c) Any producer seeking to become a qualified producer shall file an application with the PAIP on a form to be provided by the PAIP, at the following address: New Jersey Personal Automobile Insurance Plan

6000 Midlantic Drive

Suite 200 North

Laurel Corporate Center

Mt. Laurel, NJ 08054

(d) The PAIP shall review each completed application to determine whether the producer meets the criteria set forth in (b) above, and shall advise the applicant whether he or she is a qualified producer under the voluntary rating tier within 30 days of receipt of a complete application. Disapproval of an application shall be as provided in 11:3-46.9.

N.J. Admin. Code § 11:3-46.7

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).
In (a), deleted "eligible person" preceding "risks"; and rewrote (b)2i.