N.J. Admin. Code § 12:235-12.7
Current through Register Vol. 56, No. 23, December 2, 2024
Until calendar year 1999, insurers are required to notify the Department of Banking and Insurance of the amount of standard earned premiums for the period of January 1 to December 31 of each calendar year by August 31 of the immediately following year. Starting with calendar year 1999 and every year thereafter, insurers are required to notify the Department of Banking and Insurance of the amount of modified premiums for the period of January 1 to December 31 of each calendar year by August 31 of the immediately following year. Such premium shall be used in the determination of the annual policyholder surcharge rate applicable during the next policy year.
N.J. Admin. Code § 12:235-12.7
See: 30 New Jersey Register 3374(a), 30 New Jersey Register 4244(a).
Added "Until calendar year 1999," at the beginning of the first sentence, and inserted a second sentence.
Recodified from N.J.A.C. 12:235-11.7 by R.2002 d.340, effective 10/21/2002.
See: 34 New Jersey Register 2257(a), 34 New Jersey Register 2549(a), 34 New Jersey Register 3641(d).
Former N.J.A.C. 12:235-12.7, Attorney fees, recodified to N.J.A.C. 12:235-7.7.