Compliance Alerts

    New Jersey Adopts Rule 11:1-48

    Feb 11, 2025 / by AAIS

    New Jersey has adopted Rule 11:1-48.

    Among other provisions, this rule requires insurers to file a Corporate Governance Annual Disclosure (CGAD) with the Commissioner no later than the first of June each year. Each year after the initial filing, the insurer should file an amended CGAD indicating where changes were made. The rule provides more information regarding what should be provided in the CGAD.

     

    Please see Rule 11:1-48 for more information.

    Tags: Compliance, New Jersey

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