N.J. Admin. Code § 11:19-3.4 - SLAS requirements for all surplus lines insurers
(a) All
eligible surplus lines insurers shall prepare and maintain an annual report
listing net written premiums for all insurance covering a subject of insurance
where New Jersey is the home state. Surplus lines insurers which write no
business where New Jersey is the home state during a calendar year shall
prepare and maintain a signed affidavit attesting that no such business was
written for the calendar year.
(b)
An insurer's annual report shall list for each policy, the named insured, the
transaction number, the producer's name and address, the policy number, the
written premium amount, and the effective and expiration dates. Insurers shall
note all premium activity that occurred on a policy during the calendar year.
Transaction numbers are not required with respect to risks that are directly
procured without the participation of a New Jersey surplus lines agent. Upon
request by the Department, an insurer shall file this report for the requested
calendar year with the Department through the SLAS website:
www.njslasuite.com.
Notes
See: 29 N.J.R. 5260(a), 30 N.J.R. 674(b).
In (b), added the second and last sentences; in (c)2, changed the address; deleted (c)2i; and added a new 6ii and recodified the existing language of 6 into 6i and iii.
Amended by R.2001 d.132, effective
See: 33 N.J.R. 14(a), 33 N.J.R. 1392(a).
Rewrote (a) and (b); deleted (c).
Amended by R.2015 d.085, effective
See: 46 N.J.R. 1406(a), 47 N.J.R. 1006(a).
Section was "SLPS subsystem requirements for all surplus lines insurers". Rewrote the section.
Notice of readoption with technical changes.
See: 47 N.J.R. 2379(a).
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