Immunity

NJ SB 4225 broadens scope of information sharing and civil immunity therefor, related to insurance fraud.

Date introduced: prefiled 3/3/2025

Key Sponsor: Joseph Lagana

Committee: Commerce

NJ AB 5254 establishes Car Insurance Reduction Act; modifies current law addressing requirements of automobile insurers for underwriting, rate calculations and reductions, and reporting requirementsΒ to State. The bill requires insurers to report fraud-related data to the Department of Banking and Insurance and the Office of the Insurance Fraud Prosecutor.Β 

Date introduced: 01/30/2025

Key Sponsor: Heather Simmons

Committee: Assembly Financial Institutions and Insurance

NJ AB 5017 exempts certain personal information collected by insurance support organizations from certain requirements concerning notification and disclosure of personal data.

Date introduced: 01/23/2025

Key Sponsor: Ellen Park

Committee: Assembly Financial Institutions and Insurance

NJ SB 2558 would add self-insured entities and plans under certain provisions to the New Jersey Insurance Fraud Prevention Act.

Date introduced: 02/05/2024

Key Sponsor: Robert Singer

Committee: Pending

NJ SB 1463 clarifies that a violation of New Jersey State Insurance Fraud Prevention Act would result in loss of motor vehicle liability insurance coverage in certain circumstances; also provides coverage for innocent persons in certain situations involving insurance fraud.

Date introduced: 01/09/2023

Key Sponsor: Joseph Lagana

Committee: Commerce

NJ SB 1320 is a New Jersey carryover into 2025.Β Requires certain information be included in certain contracts with licensed public adjusters. Has support and labeled as a 2024-2025 bill.

Date introduced: 01/09/2023

Key Sponsor: Nellie Pou

Committee: Commerce

NJ AB 3109 would create a New Jersey White Collar Crime Registry. Includes the offense of insurance fraud.

Date introduced: 01/09/2023

Key Sponsor: Craig Coughlin

Committee: Judiciary

NJ AB 2592 revises New Jersey law concerning physical damage inspection of vehicle by automobile insurer.

Date introduced: 01/09/2023

Key Sponsor: Jessica Ramirez

Committee: Financial Institutions and Insurance

NJ AB 1902 relates to the New Jersey Disclosure and Accountability Transparency Act (DATA); establishes certain requirements for disclosure and processing of personally identifiable information; establishes Office of Data Protection and Responsible Use in Division of Consumer Affairs. 2024/2025 bill.

Date introduced: 01/09/2023

Key Sponsor: Ellen Park

Committee: Science, Innovation, Technology

a. Insurance claims forms shall contain a statement in a form approved by the commissioner that clearly states in substance the following: β€œAny person who knowingly files a statement of claim containing any false or misleading information is subject to criminal and civil penalties.” b. (Deleted by P.L. 1987, c. 342) c. Insurance application forms shall contain a statement in a form approved by the commissioner that clearly states in substance the following: β€œAny person who includes any false or misleading information on an application for an insurance policy is subject to criminal and civil penalties.” NJAC 11:16-1.2 (a) Insurers shall either place on or attach to all claim forms the following warning: β€œAny person who knowingly files a a statement of claim containing any false or misleading information is subject to criminal and civil penalties.” (b) Pursuant to NJSA 17:33A-6, all applications for insurance shall prominently and clearly contain the following statement: β€œAny person who includes any false or misleading information on an application for an insurance policy is subject to criminal and civil penalties.” (c) In lieu of the statement in (a) or (b) above, insurers may use a substantially similar statement with the prior approval of the Commissioner. 1. The Commissioner may approve the use of a statement substantially similar to that set forth above upon finding that the statement properly describes the prohibited conduct and references both criminal and civil penalties. 2. Request for approval of substantially similar statements shall be directed to the Department at the following address: Division of Anti Fraud Compliance New Jersey Department of Banking and Insurance PO Box 324 Trenton, NJ 08625-0324