Compliance Alerts

    New Jersey Continues Submissions of Private Passenger Automobile Underwriting Guidelines Changes

    Jan 12, 2024 / by AAIS

    On December 29, 2023, the New Jersey Department of Banking and Insurance (NJDOBI) issued Order No. A23-14 and Bulletin No. 23-08 ordering that all authorized and admitted property and casualty insurers that have private passenger automobile policies in force as of December 29, 2023, to continue submitting any changes made to its underwriting guidelines to the Department. Any changes made between the dates of January 1, 2024 and December 31, 2024 need to be submitted to the NJDOBI within five days of implementation.

     

    The documents regarding the changes need to be emailed to market.analysis@dobi.nj.gov.

     

     

    Links:

    Order No. A23-14

    Bulletin No. 23-08

    Tags: Compliance, New Jersey

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