News
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Historical Stance of the New Jersey Department of Banking and Insurance (NJ DOBI) on the Insurance Holding Company Act and SSAP No. 25
Congressional Testimony from the NAIC in 2010 showing that stand-alone reciprocal exchanges and their AIFs, including Citizens United Reciprocal Exchange and New Jersey Physicians United Reciprocal Exchange, are not subject to the Insurance Holding Company Act in New Jersey based on information provided by NJ DOBI
February 10, 2025 -
In re Bulletin No. 22-11 – RAF Brief
https://naaif.org/wp-content/uploads/2025/02/In-re-Bulletin-No.-22-11-RAF-Brief-1.pdf
February 10, 2025 -
DOBI Email (10.24.2023)
https://naaif.org/wp-content/uploads/2025/02/DOBI-Email-10.24.2023.pdf
February 10, 2025 -
7.18.24 Brief and Appendix in Support of Motion for Leave to Appeal
https://naaif.org/wp-content/uploads/2025/02/7.18.24-Brief-and-Appendix-in-Support-of-Motion-for-Leave-to-Appeal-2.pdf
October 3, 2022 -
Certification of Christopher Brennan Esq.
Sworn Statement from former head of mergers and acquisitions review in the Office of Solvency Regulation at NJ DOBI stating that NJ DOBI did not apply the Insurance Holding Company Act to stand-alone reciprocal exchanges and their AIFs, and did not require Form A filings in connection with any acquisition or merger of these entities
October 15, 2018 -
Certification of Raymond Conover
Sworn Statement from former Chief Insurance Examiner at NJ DOBI stating that NJ DOBI never applied SSAP No. 25 to AIF fees and did not apply the Insurance Holding Company Act to stand-alone reciprocal exchanges and their AIFs
October 13, 2018
Recent Posts
- Historical Stance of the New Jersey Department of Banking and Insurance (NJ DOBI) on the Insurance Holding Company Act and SSAP No. 25
- In re Bulletin No. 22-11 – RAF Brief
- DOBI Email (10.24.2023)
- 7.18.24 Brief and Appendix in Support of Motion for Leave to Appeal
- Certification of Christopher Brennan Esq.