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17: 33B-23. Suspension of obligation to issue policies for insurer in unsafe or unsound financial condition 17: 33B-23. Suspension of obligation to issue policies for insurer in unsafe or unsound financial condition a. The commissioner shall suspend, after hearing, an insurer's obligation to provide insurance for automobiles in compliance with the provisions of section 1 of P.L.1970, c.215 (C.17:29D-1) if the insurer is in an unsafe or unsound financial condition. b. If an insurer requests suspension and avers that there is an immediate need to cease providing insurance for automobiles in compliance with section 1 of P.L.1970, c.215 (C.17:29D-1) because...
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