The commissioner may suspend or revoke the authority to do business in this State of any insurer that does not comply with the provisions of R.S. 17:17-1, R.S. 17:17-6, R.S. 17:17-7, R.S. 17:17-9 and sections 5 through 8 of P.L. 1993, c.234 (C.17:17-15 through C.17:17-18).
N.J.S. § 17:17-19