1. Home
  2. Browse Decisions
  3. N.J.
  4. 129 N.J.
  5. 129 N.J. 365 (1992)
 

MATTER OF DEPT. OF INSURANCE'S ORDER

129 N.J. 365 (1992)

609 A.2d 1236

IN THE MATTER OF THE DEPARTMENT OF INSURANCE'S ORDER NOS. A89-119 AND A90-125 AND THE ADOPTION OF N.J.A.C. 11:3-16A.

The Supreme Court of New Jersey.

Decided July 29, 1992.

Attorney(s) appearing for the Case

Joseph L. Yannotti, Assistant Attorney General, argued the cause for appellant Department of Insurance (Robert J. Del Tufo, Attorney General of New Jersey, attorney; Joseph L. Yannotti and Donald Parisi, Deputy Attorney General, on the briefs).

Thomas P. Weidner argued the cause for respondent State Farm Mutual Auto Insurance Co. (Jamieson, Moore, Peskin & Spicer, attorneys; Thomas P. Weidner and Deborah T. Poritz, of counsel; Thomas P. Weidner, Deborah T. Poritz, and Arthur F. Herrmann, on the briefs).

The opinion of the Court was delivered by O'HERN, J.

The central issue in this appeal is whether the Legislature intended, through its "flex-rate" provisions, to allow insurers to implement, without prior approval, a minimum annual increase of three percent in private-passenger automobile-insurance rates as an incentive to the restructuring of the automobile-insurance market. The flex-rate provisions, N.J.S.A. 17:29A-44, set a statutory cap on the "Statewide...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases