New Jersey Administrative Code › Title 11 - INSURANCE › Chapter 1 - ADMINISTRATION › Subchapter 32 - FEES AND SPECIAL PURPOSE APPORTIONMENT › Section 11:1-32.2 - Definitions

Current through Register Vol. 56, No. 14, July 15, 2024
The following words and terms, when used in this subchapter, shall have the following meanings, unless the context clearly indicates otherwise:
"Annuity" is as defined in 17B:17-5.
"Certificate of eligibility" means a certificate issued to an unauthorized insurer by the Commissioner pursuant to N.J.S.A. 17:22-6.4 5 evidencing that it is an eligible surplus lines insurer in this State.
"Commissioner" means the Commissioner of the New Jersey Department of Banking and Insurance.
"Dental plan organization" means any person who undertakes to provide directly or to arrange for or administer one or more dental plans providing dental services pursuant to 17:48D-1 et seq.
"Dental service corporation" is as defined in 17:48C-2(a).
"Department" means the New Jersey Department of Banking and Insurance.
"Domestic insurer" means an insurer or reciprocal insurance exchange formed under the laws of this State pursuant to 17:17-1 et seq., 17:46A-1 et seq., 17:46B-1 et seq., 17:50-1 et seq. and 17B:18-1 et seq.
"Fraternal benefit society" is as defined in N.J.S.A. 17:44A-1.
"Form A filing" means a statement filed by every person who is directly or indirectly the beneficial owner of more than 10 percent of any class of any equity security of a New Jersey stock insurance company or who is a director or officer of such a company, in the acquisition of control of or merger with a domestic insurer pursuant to 17:27A-1 et seq.
"Health insurance" is as defined in 17B:17-4.
"Health service corporation" is as defined in N.J.S.A. 17:48E-1e.
"Hospital service corporation" is as defined in 17:48-1.
"Joint insurance fund" means a joint fund formed by two or more entities to insure against specified coverages and which organization or operations are subject to review and approval by the Department pursuant to 17:49A-1 et seq., 40A:10-36 et seq., 18A:18B-1 et seq., 18A:64A-25.3 3 et seq., or any other similar law.
"Legal insurance" is as defined in N.J.S.A. 17:46C-3c.
"Life and health insurer" means an insurer authorized or admitted pursuant to the provisions in Title 17B of the Revised Statutes to transact solely the business of life insurance, health insurance or annuities in this State.
"Life insurance" is as defined in 17B:17-3.
"Medical service corporation" is as defined in 17:48A-1.
"Private passenger automobile insurance" means direct insurance on private passenger automobiles as defined in 39:6A-2.
"Property and casualty insurer" means an insurer or reciprocal insurance exchange authorized or admitted to transact the kinds of insurance specified in N.J.S.A. 17:17-1, 17:46A-2 and 17:50-1 et seq.
"Purchasing group" is as defined in 15 U.S.C. 3901(a)(5).
"Reciprocal insurance exchange" means an individual, partnership, trustee, or corporation authorized to exchange reciprocal or interinsurance contracts pursuant to N.J.S.A. 17:50-1 et seq.
"Risk retention group" is as defined in 15 U.S.C. 3901(a)(4).
"Special risks" is as defined in N.J.S.A. 17:29AA-3.
"Surplus lines insurer" means an unauthorized insurer in which an insurance coverage is placed or may be placed pursuant to N.J.S.A. 17:22-6.4 0.
"Title insurer" means any domestic company organized pursuant to 17:46B-1 et seq. for the purpose of insuring title to real estate, and any title insurer organized under the laws of another state or foreign government and licensed to insure titles to real estate within this State pursuant to 17:46B-25.