New Jersey legal term
Insurance transaction in New Jersey Criminal Law
Current through 2026 New Jersey legislative session
In New Jersey criminal law, “Insurance transaction” is a term defined by statute rather than by its everyday meaning. Its statutory definition — quoted verbatim below — controls how the term is applied throughout the New Jersey criminal code.
What does “Insurance transaction” mean in New Jersey criminal law?
"Insurance transaction" means a transaction by, between, or among (1) an insurance company and (2) an insured, claimant, applicant for insurance, public adjuster, insurance professional, practitioner as defined by section 2 of P.L.1997, c.353 (C.2C:21-4.2), attorney, or any person who acts on behalf of any of the foregoing for the purpose of obtaining insurance or reinsurance, calculating insurance premiums, submitting a claim, negotiating or adjusting a claim, or otherwise obtaining insurance, self insurance, or reinsurance, or obtaining the benefits or annuities thereof or therefrom. "Premi (N.J.S.A. 2C:21-4.5)
Statutes defining or using this term
Related terms in the same statutes
This reference is informational and is not legal advice.