Rules and regulations for insurance plans; administration; requirements for the automobile plan
N.J.S.A. 17:29D-1, the chapter's only section
Edition and licensing notes
Publisher. New Jersey Legislature (Office of Legislative Services), bulk statute distribution
Edition. New Jersey General and Permanent Statutes, UPDATED THROUGH P.L.2026, c.30, and J.R.1 (the edition line printed on line 2 of the official STATUTES.TXT file, quoted). Retrieved 2026-09-17.
Status. US state statute.
What this document is
N.J.S.A. 17:29D-1 - Rules and regulations for insurance plans; administration; requirements for the automobile plan (the chapter's only section) is a state statute published by New Jersey Legislature (Office of Legislative Services), bulk statute distribution. It is one of the New Jersey documents that insurance license exam questions are written from, including new jersey property & casualty, new jersey personal lines practice questions. This page summarizes it and points to the official version, which is the text to rely on.
Sections cited in practice questions
Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.
- N.J.S.A. 17:29D-1(d) (Rules, regulations for insurance plans; administration; requirements for automobile plan)
“That it shall not provide insurance coverage for more than 10 percent of the aggregate number of private passenger automobile non-fleet exposures being written in the total private passenger automobile insurance market in this State.”
- N.J.S.A. 17:29D-1 (opening paragraph; participation in plan)
“Every insurer admitted to transact and transacting any line, or lines, of insurance in the State of New Jersey shall participate in such plan and provide insurance coverage to the extent required in such rules and regulations.”
- N.J.S.A. 17:29D-1(b) (Automobile plan; rates sufficient to meet expenses and losses)
“For rates charged to plan insureds which shall be sufficient to meet the plan's expenses and the plan's losses on an incurred basis, including the establishment and maintenance of actuarially sound loss reserves to cover all future costs associated with the exposure;”
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More New Jersey sources
- N.J.S.A. 17:29B-4: Unfair methods of competition and deceptive acts definedState statute
- N.J.S.A. Title 17 Chapter 1 - Department of Banking and Insurance; the Commissioner's powers (17:1-1 through 17:1-28, 23 sections)State statute
- N.J.S.A. Title 17 Chapter 16C - Retail Installment Sales Act (17:16C-1 through 17:16C-103, 125 sections)State statute
- N.J.S.A. Title 17 Chapter 1C - Department expenses, apportionment and assessment (17:1C-6.1 through 17:1C-48, 32 sections)State statute
- N.J.S.A. Title 17 Chapter 28 - Insurance policy provisions, including compulsory uninsured and underinsured motorist coverage (17:28-1 through 17:28-8, 16 sections)State statute
- N.J.S.A. Title 17 Chapter 29A - Rates and rating organizations (17:29A-1 through 17:29A-62, 73 sections)State statute
- N.J.S.A. Title 17 Chapter 29AA - Commercial insurance deregulation (17:29AA-1 through 17:29AA-34, 35 sections)State statute
- N.J.S.A. Title 17 Chapter 29B - Unfair trade practices in the business of insurance, complete chapter (17:29B-1 through 17:29B-19, 20 sections)State statute