New Jersey Administrative Code
Title 11 - INSURANCE
Chapter 1 - ADMINISTRATION
Subchapter 2A - PERSONAL LINES FILINGS: RATE FILING REVIEW PROCEDURES
Section 11:1-2A.1 - Purpose and scope

Universal Citation: NJ Admin Code 11:1-2A.1

Current through Register Vol. 56, No. 6, March 18, 2024

(a) This subchapter sets forth the timeframes and procedures used by the Department to review, and allow for the Division of Rate Counsel's intervention on, significant personal lines rate filings as defined in this subchapter and to implement the applicable provisions of 17:29A-1 et seq. and 52:27EE-46 et seq. Pursuant to N.J.S.A. 52:27EE-48, the Division of Rate Counsel shall have no jurisdiction or authority to participate or intervene in:

1. Expedited prior approved rate filings made by an insurer or affiliated group of insurers pursuant to 17:29A-46.6 or 17:36-5.3 5;

2. Prior approval rate filings of seven percent or less; or

3. Rule or form filings for any other form of insurance.

(b) This subchapter applies to all personal lines prior approval rate filings having an overall rate impact in excess of seven percent and in cases when an insurer has filed for one or more prior approval rate filing(s) for implementation within a 12-month period and the impact of the filing(s) is a combined overall increase of more than seven percent, in which event this subchapter shall apply to the filing which causes the combined overall increase to exceed seven percent.

(c) This subchapter does not apply to private passenger automobile insurance prior approval rate filings, on which procedures have been established pursuant to N.J.A.C. 11:3-18, Private Passenger Automobile Insurance: Rate Filing Review Procedures.

(d) This subchapter shall be construed so as to be compatible with the rules that set forth requirements for rate filings, N.J.A.C. 11:3-16; the provisions of the Administrative Procedure Act, 52:14B-1 et seq.; and the administrative procedure rules codified at N.J.A.C. 1:1 and 1:11, Uniform Administrative Procedure Rules and Insurance Filing Hearings, respectively, concerning the disposition of matters after they have been determined to be a contested case.

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