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1 AFFILIATED FM INSURANCE COMPANY, et al. v. THE STATE OF NEW JERSEY, et al. -- rank: 1000

... impairment claims, which had in large part been based on N.J.S.A. 17:30A-16. That section of the PLIGA law, in its pre-FAIRA ... the member insurer by way of a surcharge on premiums...." N.J.S.A. 17:30A-16. As we have noted, FAIRA, by the adoption of subsection b of N.J.S.A. 17:30A-16, prohibited recoupment by surcharge of the assessments/loans required by ... on account of claims against insolvent insurers. We held that N.J.S.A. 17:30A-16, in its original form, had not created any contract rights ...

docket:	a7372-97
court:	njappellate
decided:	2001-04-11
status:	published
citation:	338 N.J. Super. 540
Document Size:	56992