N.J. Admin. Code § 17:7-18.7

Current through Register Vol. 57, No. 1, January 6, 2025
Section 17:7-18.7 - Credit by insurer; savings on commissions

Notwithstanding any other provision of law, any insurance company or companies, issuing a policy or policies under this subchapter may credit the policyholder either directly or in the form of reduced premiums, with savings by said company or companies in the event that no brokerage commission or commissions are paid by said company or companies on the issuance of such policy or policies.

N.J. Admin. Code § 17:7-18.7

Recodified from 17:7-18.647 N.J.R. 905(b), effective 5/4/2015.