17:23A-12 - Previous adverse underwriting decisions - New Jersey Statutes

17:23A-12.   Previous adverse underwriting decisions
    Previous adverse underwriting decisions.  No insurance institution or agent may base an adverse underwriting decision in whole or in part:

   a.   On the fact of a previous adverse underwriting decision or on the fact that an individual previously obtained insurance coverage through a residual market mechanism; except that an insurance institution or agent may base an adverse underwriting decision on further information obtained from an insurance institution or agent responsible for a previous adverse underwriting decision;

   b.   On personal information received from an insurance-support organization whose primary source of information is insurance institutions; except that an insurance institution or agent may base an adverse underwriting decision on further personal information obtained as the result of information received from the insurance-support organization.

   L. 1985, c. 179, s. 12.