new jersey guaranty association

The New Jersey Property-Liability Insurance Guaranty Association (“Association”) was established in 1974. It was created to provide a safety net for policyholders and claimants of insolvent property-casualty insurance companies by providing statutory benefits to insureds and claimants of such insolvent companies. The Association is a private, non-profit, unincorporated legal entity established pursuant to the New Jersey Property-Liability Insurance Guaranty Association Act, N.J.S.A. 17:30A-1 et seq. (“Association Act”). The Association Act requires all licensed insurance companies in New Jersey to be members of the Association and contribute funds for its operations.

Insurance
Basking Ridge, New Jersey
Founded in unknown
11-50 employees

The New Jersey Property-Liability Insurance Guaranty Association (“Association”) was established in 1974. It was created to provide a safety net for policyholders and claimants of insolvent property-casualty insurance companies by providing statutory benefits to insureds and claimants of such insolvent companies. The Association is a private, non-profit, unincorporated legal entity established pursuant to the New Jersey Property-Liability Insurance Guaranty Association Act, N.J.S.A. 17:30A-1 et seq. (“Association Act”). The Association Act requires all licensed insurance companies in New Jersey to be members of the Association and contribute funds for its operations.

Company Information

Industry
Insurance
Company Type
Nonprofit
Founded
unknown
Employee Range
11-50
Revenue Range
Not available

Location

Address
City
Basking Ridge
Region
New Jersey
Postal Code
Country
United States

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