Under N.J.S.A. 17:22A-39, when an admitted New Jersey insurer terminates the appointment of a producer for cause, the insurer must notify DOBI of the termination within what period?

Why this is the answer

N.J.S.A. 17:22A-39 governs the appointment relationship between admitted NJ insurers and licensed producers. When an insurer terminates an appointment for cause — for example, fraud, misappropriation, or violation of insurance law — the insurer must report the termination and the reasons therefor to the DOBI Commissioner within 30 days following the effective date. The insurer must also provide written notice to the affected producer. The 30-day window applies to for-cause terminations; routine terminations follow related but distinct reporting timelines.