New Jersey Statutes 17:30D-23. Certification as to adequacy of rates
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Terms Used In New Jersey Statutes 17:30D-23
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
18. Each annual statement made after the effective date of P.L.2004, c.17 (C. 2A:53A-37 et al.), pursuant to the provisions of section 16 of P.L.1982, c.114 (C. 17:29AA-16), by an insurer writing medical malpractice in this State, shall include a certification by the chief executive officer or chief financial officer that the rates for every category, subcategory, or risk classification are adequate to cover expected losses and expenses of the insurer and to ensure the safety and soundness of the insurer.
L.2004,c.17,s.18.