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NJ S221
Bill
Status
Introduced
1/13/2026
Primary Sponsor
Shirley Turner
Click for details
AI Summary
- Requires the New Jersey Commissioner of Banking and Insurance to investigate automobile insurance industry practices regarding premium increases for drivers with license suspensions
- Mandates a comparison between premium increases for driving-related suspensions versus non-driving-related suspensions
- Directs evaluation of how credit ratings and addresses are used in determining automobile insurance premiums
- Requires a report to the Governor and Legislature within two years of starting the investigation
- Takes effect on the first day of the sixth month after enactment and expires 90 days after the required report is transmitted
Legislative Description
Concerns automobile insurance practices.
Commerce
Last Action
Introduced in the Senate, Referred to Senate Commerce Committee
1/13/2026
Committee Referrals
Commerce1/13/2026
Full Bill Text
No bill text available