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Pursuant to 17:22-6.72, the definition of a Surplus Lines Insurer is as follows: a nonadmitted insurer approved as an eligible, nonadmitted or unauthorized insurer pursuant to Section II of P.L. 1960, C.32 (C.17:22-6.45) at the time the policies were issued against which a covered claim may be filed in accordance with the New Jersey Surplus Lines Insurance Guaranty Fund Act.

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