N.J. Admin. Code § 11:17A-4.9

Current through Register Vol. 56, No. 24, December 18, 2024
Section 11:17A-4.9 - Reporting of claims and estimated losses by producers

Claims and estimated losses thereon shall be reported to the insurer or designated claims representative by an insurance producer no later than five business days following his or her receipt of notice of claim, unless the insurance producer has contractual authority from the insurer to settle the claim.

N.J. Admin. Code § 11:17A-4.9

Amended by R.2002 d.354, effective 11/4/2002.
See: 34 New Jersey Register 2286(a), 34 New Jersey Register 2549(b), 34 New Jersey Register 3839(a).
Inserted "or designated claims representative" following "to the insurer", deleted "acting as a property-casualty insurance agent" preceding "no later" and inserted "or her" preceding "receipt of notice".