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NAMIC 2006 Survey of New State Insurance Laws Summary and Analysis

2006 SUMMARY OF NEW STATE LAWS - NEW JERSEY

New Jersey State Legislative Website

BILL #

CHAPTER #

ISSUE

BILL DESCRIPTION

AB 496

91

Motor vehicle insurance - salvage title

Requires certain notices when public agencies take possession of abandoned vehicle. Effective: Nov. 1, 2006.

AB 911

28

Motor vehicle insurance - traffic offenses

Clarifies jurisdiction concerning matters involving death or serious bodily injury and motor vehicles offenses arising out of same incident. Effective: June 29, 2006.

SB 275

57

Producer licensure - licensing requirements

Exempts members of fraternal benefit societies from insurance producer licensing requirements in certain circumstances. Effective: Nov. 1, 2006.

The information contained in this summary is not intended as a portrayal of every property/casualty-related law enacted in each state. Rather, it represents recently enacted legislation specifically identified by NAMIC State and Regulatory Affairs Staff as bearing direct relevance to those issues that represent NAMIC's National State Legislative Agenda or otherwise deemed pertinent to the interests of the majority of NAMIC members.

This summary is for use as a convenient tool for our members, and is not intended, and should not be considered to be, legal advice. Please consult your legal representatives.