New Jersey Automobile Insurance Risk Exchange
Post office Box 66065, Lawrenceville,
New Jersey 08648
New Jersey Automobile Insurance Risk Exchange (NJAIRE) is currently accepting
nominations for two individuals to serve on the NJAIRE Board of Directors as
at-large members. The individuals must
be affiliated with insurers domiciled in New
NJAIRE Board members must be New
Jersey residents. Each recommended member's
biography or resume is submitted to the Governor's office for review and, as a
courtesy, it's also shared with the Department of Banking and Insurance.
If approved, the recommended person is nominated by the Governor. The
nominee must complete two legislative questionnaires for submission to the
Senate. The Governor's office notifies the Senator in the legislative
district in which the nominee resides in order to obtain the Senator's approval
of the nominee thus assuring introduction of the nomination to the Senate of
the nominee's proposed appointment. However, the nominee is required to contact
his or her Senator to introduce him or herself and to
officially request the appointment. The process usually takes
several months, resulting in a 5 year appointment.
The NJAIRE Board meets at least quarterly, usually in East
Windsor at a hotel convenient to Exit 8 off the New Jersey
Turnpike. The NJAIRE Board oversees all activities prescribed under New Jersey's AIRE statute to assure carrier compliance
involving New Jersey's
dual liability threshold. We assess all New Jersey carriers and redistribute these
funds, less NJAIRE expenses.
interested individuals must submit a letter of interest together with a current
resume to NJAIRE's Counsel M. Paige Berry, firstname.lastname@example.org or fax to
609-951-0824, on or before Wednesday August 22, 2007.
nominations will be accepted after 5pm on Wednesday August 22, 2007.
interested parties will be advised of the Board's decision after the Board meets
on August 23, 2007.