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|
Issue |
Bill # |
Bill Description |
Guaranty Fund |
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(Property/Liability) |
Makes revisions to the state's Property Liability Insurance Guaranty Association Act, many of which bring it closer to the provisions of the National Association of Insurance Commissioner's Post-Assessment Property and Liability Insurance Guaranty Association Model Act. Effective 12/22/04. Chapter 175, Laws of 2004. |
|
(Surplus Lines) |
Makes various revisions to the state's Surplus Lines Insurance Guaranty Fund Act many of which bring it closer to the provisions of the National Association of Insurance Commissioner's Post-Assessment Property and Liability Insurance Guaranty Association Model Act. Effective 10/7/04. Chapter 165, Laws of 2004. |
|
Motor Vehicle Insurance |
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(Traffic Safety - DUI) |
Requires prosecutors to determine whether persons charged with drunk driving or refusal to consent to breathalyzer tests are repeat offenders. Effective 10/1/04. Chapter 95, Laws of 2004. |
|
(Traffic Safety - DUI) |
Clarifies and revises drunk driving penalties and fines. Effective 4/26/04. Chapter 8, Laws of 2004. |
|
(Traffic Safety - Unsafe Driver Surcharge) |
Revises the surcharge provisions for unsafe driving by increasing the surcharge from $100 to $150 for drivers with six or more penalty points over the past three years. Effective 6/30/04. Chapter 70, Laws of 2004. |
|
(Traffic Safety - Unsafe Driving Surcharge) |
Requires courts to assess persons found guilty of unsafe driving offenses a surcharge of $250. Effective 7/1/04. Chapter 69, Laws of 2004. |
|
(Recreational Vehicles - DUI Boating) |
Revises drunk boating laws to conform to new standards and to impose sanctions consistent with such law. Effective 7/2/04. Chapter 80, Laws of 2004. |
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Premium Tax |
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(Credits) |
Creates incentives for business relocation and retention including insurance premium tax credits. Effective 6/30/04. Chapter 65, Laws of 2004. |
|
Workers' Compensation |
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(Coverage for Thoroughbred Horse Riders) |
Extends workers' compensation coverage secured by the New Jersey Horse Racing Injury Compensation Board to thoroughbred horse exercise riders while working at racetracks in the state. Effective 8/8/04. Chapter 119, Laws of 2004. |
|
(Resolution) |
AR 73 |
Encourages Congress to amend the Social Security Act to ensure the 80% limit on total combined social security and workers' compensation benefits for disabled workers be based on pre-injury earnings adjusted for inflation. Effective 6/10/04. |
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.
Legislative and Regulatory Information Service (LARIS)
NAMIC Survey of New State Insurance Laws