2024-11-08T05:43:57-08:00 2023-12-31 990 2023-01-01 223182137 NEW JERSEY AUTOMOBILE INSURANCE PLAN NEWJ 4019462310 c/o AIPSO 302 CENTRAL AVENUE JOHNSTON RI 029194932 David Maynard Manager,Financial & Investment Serv 4019462310 2024-05-08 true 2023 2024-10-15 13:58:12Z Charles Kwolek c/o AIPSO302 Central Ave Johnston RI 02919 1126756 false X www.aipso.com/nj/ X 1992 NJ To make personal private passenger automobile insurance coverage available for automobiles owned or operated by qualified applicants. 15 15 0 12 0 0 0 1070194 1122169 1123 4587 16927 0 1088244 1126756 0 0 525586 595568 0 0 463774 595367 989360 1190935 98884 -64179 652176 600067 994212 983769 -342036 -383702 To make personal private passenger automobile insurance coverage available for automobiles owned or operated by qualified applicants. false false To make motor vehicle insurance available for those persons not able to obtain coverage in the voluntary market. The New Jersey Special Automobile Insurance Plan provides qualified low income individuals with emergency personal injury protection and death benefits. false false false true false false false false false true false false true true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 7 0 true 0 false false false false false false false false X 15 15 false false true false true true false true true true false false true true true true true true true false X AIPSO 4019462310 302 CENTRAL AVENUE JOHNSTON RI 029194932 State Farm Gov Comm Member 1.00 X 0 0 0 Allstate Ins Co Gov Comm Member 1.00 X 0 0 0 GEICO Gov Comm Member 1.00 X 0 0 0 National Continental Gov Comm Member 1.00 X 0 0 0 21st Century Ins Gov Comm Member 1.00 X 0 0 0 Ronald Gansfuss Gov Comm Member 1.00 X 1300 0 0 The Travelers Companies Inc Gov Comm Member 1.00 X 0 0 0 NJ Manufacturers Gov Comm Member 1.00 X 0 0 0 David Kleinwaks Gov Comm Member 1.00 X 1000 0 0 Hanover Ins Co Gov Comm Member 1.00 X 0 0 0 William Vowteras Gov Comm Member 1.00 X 850 0 0 Plymouth Rock Ins Co Gov Comm Member 1.00 X 0 0 0 Kenneth Hagerman Gov Comm Member 1.00 X 1450 0 0 Michael DeStasio Jr Gov Comm Member 1.00 X 1300 0 0 Selective Ins Co Gov Comm Member 1.00 X 0 0 0 The Hartford Gov Comm Member 1.00 X 0 0 0 David Strout Gov Comm Member 1.00 X 0 0 0 5900 0 0 false false false Assessment 524298 1108069 0 0 Producer seminars 524298 14100 0 0 1122169 4587 0 0 1126756 1126756 0 0 411072 0 0 0 68623 0 0 0 82592 0 0 0 33281 0 0 0 282841 0 0 0 21310 0 0 0 76982 0 0 0 129679 0 0 0 18196 0 0 0 764 0 0 0 16652 0 0 0 4574 0 0 0 Bank Charges 3155 0 0 0 Miscellaneous 2693 0 0 0 Electronic subscriptions 3729 0 0 0 34792 0 0 0 1190935 0 0 0 109608 137577 153961 121694 65133 73775 14870 14562 203033 156556 34154 46477 274450 205982 652176 600067 381183 490112 613029 493657 994212 983769 X -342036 -383702 -342036 -383702 652176 600067 X -64179 22513 X false true X true false false true false 0 0 174532 133219 41313 28501 23337 5164 46477 Operating Lease Right of Use Asset 181379 Finance Lease Right of Use Asset 24603 205982 Security Fund Reserve 95892 Due to AIPSO - Pension 265186 Due to AIPSO - Deferred Rent Obligation 0 Operating Lease Obligation 118435 Finance Lease Obligation 14144 493657 1126756 1126756 1126756 1190935 1190935 1190935 Pt VI, Line 6 Members of the Plan shall consist of all insurers writing automobile insurance in the State of New Jersey. Pt VI, Line 7a Members, the producer trade associations, and the Commissioner of Insurance elect the Governing Body. Pt VI, Line 11b Form 990 is reviewed and signed by either AIPSOs Manager or Director of Financial & Investment Services. Pt VI, Line 12c Governing Body members are required annually to sign a Conflict of Interest Statement disclosing any conflicts. Pt VI, Line 15a NJ AIP employees are managed and paid employees of AIPSO, Federal ID#13-2732270. Pt VI, Line 15b The compensation of all employees is reviewed and approved by Human Resource Services and the President of AIPSO, provided that persons with conflicts of interest with respect to that compensation arrangement at issue are not involved in this review and approval. The compensation of the person is reviewed and approved using data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. AIPSO participates in a variety of well-known regional and national salary surveys conducted by third party sources to obtain survey data. There is contemporaneous documentation and recordkeeping with respect to the deliberations and decisions regarding the compensation arrangement. Pt VI, Line 19 Governing documents are available on the Plans website. Conflict of Interest Statements and Financial Statements are available upon request. Pt XI Other changes consist of reapportionment of prior years excess $723 and pension related changes other than net periodic cost $21,790. Pt VI, Line 4 The New Jersey Personal Automobile Insurance Plan has changed its name to the New Jersey Automobile Insurance Plan and will now include the New Jersey Commercial Automobile Insurance Plans operational expenses and assessment income effective 1/1/19. Please refer to the attached approved regulation from the NJ Department of Banking and Insurance. Form 990, Part VI, Line 9 National Continental 625 Alpha Drive Highland Heights OH 44143 Form 990, Part VI, Line 9 Allstate Ins Co 1130 Route 22 East Suite 300 Bridgewater NJ 08807 Form 990, Part VI, Line 9 GEICO 750 Woodbury Road Woodbury NY 11797 Form 990, Part VI, Line 9 The Travelers Companies One Tower Square Hartford CT 06183 Form 990, Part VI, Line 9 Ronald Gansfuss c/o Gansfuss Agency,30 Walmart Plaza Clinton NJ 08809 Form 990, Part VI, Line 9 21st Century Ins 3 Beaver Valley Rd Wilmington DE 09803 Form 990, Part VI, Line 9 State Farm One State Farm Drive Concordville PA 19339 Form 990, Part VI, Line 9 NJ Manufacturers 301 Sullivan Way West Trenton NJ 08628 Form 990, Part VI, Line 9 David Kleinwaks 95 E Main St,Box 1227 Denville NJ 07834 Form 990, Part VI, Line 9 Hanover Ins Co 400 Atrium Dr,5th floor Somerset NJ 08873 Form 990, Part VI, Line 9 William Vowteras 811 Amboy Ave,PO Box 2128 Edison NJ 08818 Form 990, Part VI, Line 9 Plymouth Rock Ins Co 581 Main Street, Suite 400 Woodbridge NJ 07095 Form 990, Part VI, Line 9 Kenneth Hagerman PO Box 986 Voorhees NJ 08043 Form 990, Part VI, Line 9 Michael DeStasio Jr 5 Powell Place Iselin NJ 08830 Form 990, Part VI, Line 9 Selective Ins Co. 200 Clocktower Dr. Ste#201 Hamilton NJ 08690 Form 990, Part VI, Line 9 The Hartford One Hartford Plaza Hartford CT 06155