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) Insurers shall maintain up-to-date and accurate records on their fraud prevention and detection plan, which shall at minimum include those necessary to prepare the report required in (b) below. (b) Insurers shall submit to the Commissioner on or before March 31 of each year an annual re-port for the prior calendar year on MCEAFC Form #1A and/or #2A, pursuant to instructions and definitions provided in MCEAFC Form #1B (for the completion of #1A) and Form #2B (for the completion of #2A), incorporated herein by reference in the subchapter Appendix. Individual insurers that comprise a group shall submit separate reports. Reports shall be submitted in hard copy or by email to: New Jersey Department of Banking and Insurance Market Conduct Examinations and Anti-Fraud Compliance Unit 20 West State Street PO Box 329 Trenton, NJ 08625-0329 Email: mceafc@dobi.state.nj.us 1. The information shall be submitted in a spreadsheet format established by the Department. Insurers may acquire the required spreadsheet format from the Department: i. By directing an email request for the β€œAnnual Filing Template” to mceafc@dobi.state.nj.us; or ii. By directing a written request, along with a blank 3.5 inch, 1.44 MB MS-DOS format-ted disk, to the above address. The Department shall return the disk and a blank spread-sheet for completion by the insurer.