N.J. Admin. Code § 11:4-6.8
Current through Register Vol. 56, No. 21, November 4, 2024
The insurer may employ suitable approximations and estimates; including, but not limited to, groupings, averages and aggregate estimation in computing premium reserves. Such approximations or estimates shall be tested periodically to determine their continuing adequacy and reliability.
N.J. Admin. Code § 11:4-6.8
See: 16 New Jersey Register 2225(a), 16 New Jersey Register 3039(a).
Section recodified from 6.2; Old 6.8 was repealed.