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17:33C-2. Automobile insurance urban enterprise zone program
New Jersey Statutes (Unannotated) / NEW JERSEY GENERAL AND PERMANENT STATUTES (UPDATED THROUGH P.L.2023, c.256, and J.R.18) / TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
...
17
:
33C-2
.
Automobile
insurance
urban
enterprise
zone
program
17
:
33C-2
.
Automobile
insurance
urban
enterprise
zone
program
20. a. The commissioner shall establish in a fair and equitable manner an
automobile
insurance
urban
enterprise
zone
program
designed to encourage greater availability of
automobile
insurance
in certain
urban
areas of this State as designated pursuant to subsection b. of this section. The
program
shall provide for incentives that the commissioner deems necessary to encourage qualified insurers to write
automobile
insurance
business in those areas and that adequately safeguard the interests of policyholders and the public. b. The commissioner shall undertake a review of the availability...
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