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Legislative/regulatory issues

290028-00

Loss of reinsurance

We’ve been notified that one of our carriers is planning to get off a commercial liability and auto risk due to loss of reinsurance. However, this is a two-year policy and the company wants to terminate coverage after the first year. Can the company do this?

290093-00

Payment to the producer

We recently encountered a sticky situation where a broker embezzled money. The insureds have proof of paying the broker. Does their payment obligate the insurer, even though the company never got the premium? What if the producer had been acting as an agent, not a broker, in this case?

290162-00

Rebates

May a producer provide an inducement to a customer to purchase insurance from the producer, such as merchandise, money, or a gift certificate?

290203-00

Witnessing of signatures

Was there a change to the law relating to witnessing the signature of an insured in New Jersey?

290237-00

New DWI—notification to department

One of my producers was arrested for Driving While Intoxicated. How soon must he/she notify the New Jersey Department of Banking and Insurance of the arrest?

290323-00

Premium payments via online money services

Can I accept insurance premium payments via Paypal or Venmo?

290333-00

New Jersey e-bike requirements

What sort of e-bikes are required to have insurance in New Jersey now?
900024-00

Family Leave Act—who pays?

I would like clarification on the Family and Medical Leave Act of 1993. Who pays for the employee’s medical coverage if the employee takes a leave under this federal act?

900083-00

C.L.U.E. reports

Does a company using Comprehensive Loss Underwriting Exchange, a data bank maintained by LexisNexis, have to release a copy of the C.L.U.E. report to the agent of the client?

900401-00

The mailbox rule

My client received a notice of cancellation for nonpayment and mailed the premium before the date of cancellation. If the payment isn’t received until after the date of cancellation, can the carrier cancel the policy?

900403-00

Recreational drone registration

My client just bought a drone for each of her sons and herself. Does she have to register them and how does she go about doing so?

900405-00

Subpoenas

I just received a subpoena in connection with policies placed on behalf of my client. What is it and how should I respond?

900418-00

DOL overtime—biweekly pay

Employees in my agency are on a biweekly pay schedule. If one of my employees who is eligible for overtime works over 40 hours in the first week of a pay period, can I have them work less in the second week in order to avoid paying overtime?