New Jersey Administrative Code
Title 11 - INSURANCE
Chapter 1 - ADMINISTRATION
Subchapter 32 - FEES AND SPECIAL PURPOSE APPORTIONMENT
Section 11:1-32.4 - Fees; general
Universal Citation: NJ Admin Code 11:1-32.4
Current through Register Vol. 56, No. 18, September 16, 2024
(a) On filing with the Department any certificate or other filing specified in this section by an insurer, fraternal benefit society, medical service corporation, hospital service corporation, health service corporation, dental service corporation or dental plan organization authorized to transact business in this State, or by any other person, there shall be paid to the Commissioner fees as follows:
1. Filing a certificate of incorporation of a
domestic insurer--$ 1,500;
2.
Filing a certificate of an increase of capital stock of a domestic insurer--$
250.00;
3. Filing a certificate of
consolidation and merger involving a domestic insurer--$ 2,500;
4. For each Form A filing in connection with
the acquisition or control of a domestic insurer--$ 2,500;
5. Upon the scheduling of a hearing in
connection with a Form A filing--$ 2,500;
6. Filing a certificate of dissolution of
insurer, change of name, change of nature of business, amended certificate of
incorporation (other than those authorizing increase in capital stock of a
domestic insurer), decrease of capital stock, or increase or decrease of par
value of shares--$ 250.00;
7.
Processing application and renewal of certificate of authority to transact
business as a dental plan organization--$ 1,000; and
8. Filing all certificates not otherwise
provided for--$ 50.00.
(b) The following fees shall be paid for services provided by the Commissioner in addition to those set forth in (a) above as follows:
1. Filing each annual
statement of an insurer, including title insurers--$ 100.00;
2. Providing certificate of valuation of
policies (life and health insurers only)--$ 25.00;
3. Providing certificate of the condition or
qualification of an insurer--$ 25.00; each additional copy for same company--$
5.00;
4. Filing service of lawful
process upon the Commissioner as attorney--$ 30.00;
5. Providing copy of Statutory Annual
Statement pages--$ 2.00 per page;
6. Certifying copy of any paper filed with
the Department--$ 15.00; certifying a company document--$ 50.00;
7. Providing copy of any paper filed with the
Department (except Statutory Annual Statements)--$ 0.75 each for the first 10
pages; $ 0.50 each for the next 10 pages; $ 0.25 per page thereafter;
8. Filing each annual statement of a
fraternal benefit society formed pursuant to N.J.S.A. 17:44A-1 et seq.--$
100.00;
9. Filing each annual
statement of a dental plan organization--$ 100.00;
10. Filing each annual statement of a dental
service corporation, medical service corporation, hospital service corporation
or health service corporation--$ 100.00;
11. Filing an application for a certificate
of authority to transact business as a dental service corporation, medical
service corporation, hospital service corporation or health service
corporation--$ 5,000;
12.
Processing an application for the issuance of a Certificate of Registration
pursuant to N.J.A.C. 11:3-3 --$ 1,000; processing an application of renewal of
Certificate of Registration--$ 250.00; and
13. Processing an application for issuance or
renewal of a Certificate of Order Granting Exemption from Insuring Liability
for Compensation pursuant to N.J.A.C. 11:2-33 --$ 1,000; in the case of
affiliated companies filing the same consolidated financial report as part of
an initial application or renewal--$ 1,000 for the parent company or lead
affiliate, and $ 250.00 for each additional affiliate;
14. Each submission or resubmission for
review of payment of an extraordinary dividend or distribution pursuant to
17:27A-4 --$ 1,000; each
submission or resubmission for review of payment of an ordinary dividend or
distribution pursuant to
17:27A-4 --$ 500.00;
15. Filing an application for a special
permit to provide "charitable annuities" pursuant to
17B:17-13.1 --$ 100.00;
16. Filing each annual statement by a holder
of a special permit issued pursuant to
17B:17-13.1 --$ 50.00;
17. Processing an application for
redomestication by a foreign or alien insurer or eligible surplus lines
insurer--$ 1,000;
18. Review of
bylaws, plan of risk management or risk management program, or any other
similar documents required to be submitted to the Department for approval to
operate as a joint insurance fund--$ 1,500;
19. Researching, retrieving and compiling
public records--actual staff time rounded to the nearest quarter hour at the
rate of $ 50.00 per hour. The Department may require a deposit not exceeding
the estimated cost prior to commencing work; and
20. The costs to the Department for
investigation and prosecution of violations of the New Jersey Insurance
Producer Licensing Act pursuant to
N.J.S.A.
17:22A-45--actual staff time rounded to the
nearest quarter hour at the rate of $ 50.00 per hour; and
21. Providing or processing any certificate
or document not otherwise provided for--$ 25.00.
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