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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Chapter 29aa:
Section: 17:29aa-9: Rates; factors in establishment
In making rates, due consideration shall be given to: past and prospective loss experience, including where pertinent, the conflagration and catastrophe hazards, if any, both within and without the State; all factors reasonably related to the kind of insurance involved; a reasonable profit for the insurer; and, in the case of participating insurers, policyholders' dividends.
L.1982, c. 114, s. 9.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17:29aa-9 (if available):
Court decisions that cite this statute:
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