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Below is a listing of the documents that are available. Simply click on the document title to select that documents. The index is updated on a regular basis.
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Company insolvency/rehabilitation
Advice for agents and brokers regarding liquidation
Action items agents and brokers should consider in notifying clients of a potential company insolvency. 1 page
Carrier ratings: do they really matter?
Review of carrier ratings and how they could impact your agency’s business. 2 pages
Insurer insolvency: suggestions for agents, brokers
PIA’s E&O counsel offers input on the responsibilities an agent and broker has to their insureds in the event of a company insolvency. 2 pages
New Jersey insurer insolvency
Gives an in-depth overview of insurer insolvency, including eligible risks, maximum limits and the different guaranty funds available. 21 pages
Order No. A22-02—Imposition of surcharge for recoupment of the New Jersey Property-Liability Insurance Guaranty Association assessment
Department of Banking and Insurance order establishing the procedure for the collection of surcharges from insurance carriers for the New Jersey Property-Liability Insurance Guaranty Association. 6 pages
Sample customer letter upon downgrading of insurer
Sample verbiage agents may personalize to notify clients that a carrier’s A.M. Best rating has been lowered. 1 page
Understanding producer responsibility with company insolvency
Outlines the company insolvency issue and in particular, an insurance producer’s duty of care in such situations. 4 pages