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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Chapter 46b: Certain words defined
Section: 17:46b-43: Justification for rates
A rate filing shall be accompanied by a statement of the title insurance company or title insurance rating organization making the filing, setting forth the basis upon which the rate was fixed and the fees are to be computed. Any filing may be justified by:
(1) The experience or judgment of the title insurance company or title insurance rating organization making the filing;
(2) Its interpretation of any statistical data relied upon;
(3) The experience of other title insurance companies or title insurance rating organizations; or
(4) Any other factors which the title insurance company or title insurance rating organization or the commissioner deem relevant.
L.1975, c. 106, s. 42, eff. May 29, 1975.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17:46b-43 (if available):
Court decisions that cite this statute:
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