N.J. Admin. Code § 11:19-3.3 - General requirements
(a) All eligible
surplus lines insurers qualified to transact business in New Jersey shall
maintain reports of the information required by this subchapter for the
preceding calendar year for inspection by the Department upon request beginning
May 15, 2001. Each annual report on an insurer's net written premiums for the
State of New Jersey shall be available for inspection by April 1 of each year.
If requested, upon its receipt the data shall be used by the Department for the
purpose of determining compliance with all laws and rules applicable to
eligible insurers and insurance producers who placed business with such
insurers, including, but not limited to, confirming the accuracy of the premium
data reported by producers for purposes of the payment of premium tax pursuant
to
N.J.S.A.
17:22-6.59 and to determine whether all of
the insurer's business was placed through a New Jersey licensed surplus lines
insurance producer pursuant to
N.J.S.A.
17:22-6.42.
(b)
All licensed surplus lines
producers shall, on or before the due dates set forth in this subsection
following each calendar quarter, remit premium taxes and surcharges utilizing
the forms set forth on the Department's website:
www.njslasuite.com. The due dates for
these filings are as follows: May 15, August 14, November 14 and February 14.
The requirements in this subsection shall apply beginning with the filing
covering the calendar quarter occurring immediately following May 18,
2015.
Notes
See: 33 N.J.R. 14(a), 33 N.J.R. 1392(a).
Rewrote (a); in (b), substituted "Appendix" for "Appendices" and substituted "May 15, August 14, November 14 and February 14" for "April 30; July 31; October 31; and January 31".
Amended by R.2010 d.115, effective
See: 41 N.J.R. 4665(a), 42 N.J.R. 1209(c).
In (b), substituted "utilizing the forms set forth on the Department's website: www.njdobi.org" for "in accordance with the Appendix to this subchapter".
Amended by R.2015 d.085, effective
See: 46 N.J.R. 1406(a), 47 N.J.R. 1006(a).
Rewrote the section.
Notice of readoption with technical changes.
See: 47 N.J.R. 2379(a).
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