1-29-09 Piermount Iron Works, Inc. v. Evanston Insurance Company (A-19-08)
Evanston is not subject to N.J.A.C. 11:1-20.2(j)’s automatic renewal penalty. Surplus lines insurance policies are exempted
from the regulatory cancellation and nonrenewal provisions that apply to primary insurers. Further, Evanston’s use of a required, standard form commercial lines policy, which contained a nonrenewal provision, did not demonstrate intent to submit voluntarily to the automatic-renewal penalty regulation.
