N.J. Admin. Code § 11:2-17.1
Current through Register Vol. 56, No. 24, December 18, 2024
N.J.S.A. 17:29B-4(9) and 17B:30-13.1 prohibit insurers from engaging in unfair claims settlement practices. The purpose of this subchapter is to promote the fair and equitable treatment of claimants by defining certain minimum standards for the settlement of claims which, if violated with such frequency as to indicate a general business practice, would constitute unfair claims settlement practices in the business of insurance.
N.J. Admin. Code § 11:2-17.1