Fines, penalties, assessments, costs not included in expense base of insurer.
34:15-28.3 Fines, penalties, assessments, costs not included in expense base of insurer.
2. Any fine, penalty, assessment, or cost, imposed on an insurer pursuant to section 1 of this act, shall not be included in the expense base of that insurer for the purpose of determining rates.
L.2008, c.93, s.2.
This is the verbatim text of N.J.S.A. 34:15-28.3, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. KyzerLex is not a law firm and this page is not legal advice.