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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

    Chapter 36: Creation; application of; maintenance

      Section: 17:36-5.40: Immunity from liability for informing insureds of endorsement.

          
3. Notwithstanding any other provision of law to the contrary, no person, including, but not limited to, an insurer and an insurance producer, as defined in section 3 of P.L.2001, c.210 (C.17:22A-28), shall be liable in an action for damages on account of the election or non-election by an applicant or insured of the earthquake endorsement as a result of the requirement to inform the applicant or insured of the availability of the earthquake endorsement pursuant to sections 1 and 2 of this act, unless the person causes damage by a willful, wanton or grossly negligent act of commission or omission.

L.2002,c.99,s.3.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 17:36-5.40 (if available):



Court decisions that cite this statute: CLICK HERE.