What Kidnap and Ransom Insurance Requirements Apply in New Jersey?

New Jersey’s January 2026 annual order approved no change to the exportable-coverage rule that lists kidnapping, ransom, and extortion insurance. That exception removes the admitted-market search only for a New Jersey insured; the producer and eligible-carrier requirements remain, and the actual K&R terms still need review.

What Is Kidnap and Ransom Insurance?

Kidnap and ransom insurance provides financial protection for specified kidnapping and extortion events and gives the business access to a crisis-response firm. Check who is insured, which events are named, and how territory and sanctions terms apply to your actual travel. Read the national Kidnap and ransom guide.

What to Watch for With Kidnap and Ransom in New Jersey

Use the Current Export-List Approval
The 2025 hearing report recommended no additions or deletions to N.J.A.C. 11:1-34, and Order A26-01 approved that result in January 2026; item 14 continues to list kidnapping, ransom, and extortion insurance. Under N.J.A.C. 11:1-33.3(a), the search exception is for a New Jersey insured and does not waive the producer or eligible-insurer requirements; a New Jersey travel destination alone does not establish that scope. ^1,^2,³
Do Not Budget for a K&R Guaranty Backstop
New Jersey’s required surplus-lines policy statement says these policies are not covered by the New Jersey Insurance Guaranty Fund and limits the surplus-lines fund categories to eligible medical-malpractice liability and qualifying owner-occupied property policies for insolvencies on or after June 25, 2002. K&R is outside those listed categories; category eligibility alone does not guarantee payment, so do not budget for a state fund to pay a K&R claim. ⁴
Read the Issued K&R Wording
New Jersey’s required policy statement says surplus-lines policies are not subject to Department filing or approval and may have different terms, conditions, limitations, and exclusions from admitted policies. Before binding, compare the specific K&R triggers, covered people and territories, response expenses, consent conditions, and exclusions in the policy and endorsements. ⁴
Verify the Named Carrier’s Current Category
The export-list exception does not remove New Jersey surplus-lines eligibility requirements. Ask for the exact carrier name and whether it appears under the foreign, domestic, or alien category on NJDOBI’s active list for the policy date; list placement does not show that it offers K&R or that this contract covers the buyer’s exposure. ^5,³

Which Kidnap and Ransom Providers Have New Jersey License Records?

These providers publish a national listing for Kidnap and ransom; the license records below name the licensed entities and roles. Some records rely on company-reported information rather than independent regulator verification. A national listing does not confirm the product is available in New Jersey. Check the regulator’s license lookup and confirm state availability for your business when requesting a quote.

Corgi
Insurance producer · checked 2026-09-28
Corgi Insurance Services, Inc.
Corgi’s company producer-license table lists 50 jurisdictions: 49 states and the District of Columbia, including DC license 3003091619. New Mexico does not appear in the table and is not included here; the omission does not establish that Corgi is unlicensed there. The company-reported table has no stated as-of date and does not establish product availability. ¹⁵
Corgi lists kidnap and ransom among its specialized business-insurance offerings.

Who Regulates Insurance in New Jersey?

New Jersey Department of Banking and Insurance

New Jersey DOBI licenses insurers and producers, reviews insurance products and rates, monitors insurer solvency and responds to insurance complaints. The Property and Casualty unit regulates commercial and personal property and casualty rates, rules and forms. ^6,^7,^8,⁹

Website: Regulator website
License lookup: Search licensed producers
Complaints: File a complaint
Phone: 800-446-7467

Surplus-Lines Tax and Stamping Office in New Jersey

Reported tax rate. 5% of gross premium, less return premium ^10,^11,¹²

New Jersey’s Department of Banking and Insurance states a 5% surplus-lines tax for policies effective on or after July 1, 2009; its FAQ also describes direct-procurement tax filing for premium allocated to New Jersey. A New Jersey surplus-lines producer generally must make a diligent effort to place the risk with authorized insurers, subject to the exportable-list and other statutory exceptions. New Jersey’s separate surplus-lines guaranty fund has narrow coverage; ordinary commercial surplus-lines claims are generally outside guaranty protection.

Questions to Ask Before You Buy Kidnap and Ransom in New Jersey

Is New Jersey the insured’s home state, and does the current export-list exception apply to this placement rather than only to the covered travel destination?
Which active-list category applies to the named insurer, and is the policy being placed through a New Jersey surplus-lines producer?
What state guaranty fund, if any, could cover this exact policy and claim category, and what date-of-insolvency rule applies?
Which people, locations, ransom triggers, response costs, consent terms, and exclusions appear in the issued K&R contract?

Kidnap and Ransom Insurance in New Jersey: Frequently Asked Questions

Is K&R on New Jersey’s current surplus-lines exportable list?

Yes. The January 2026 order approved no change to the export-list rule, and item 14 continues to list kidnapping, ransom, and extortion insurance. The no-search exception applies to a New Jersey insured and does not remove carrier or producer eligibility rules. ^1,^2,³

Does New Jersey’s surplus-lines guaranty fund cover K&R insurance?

No. The required policy statement excludes surplus-lines policies from the New Jersey Insurance Guaranty Fund and identifies only eligible medical-malpractice and specified owner-occupied property policies for the separate surplus-lines fund; K&R is outside those categories. ⁴

Does New Jersey approve surplus-lines K&R policy wording?

No. The required policy statement says these policies are not subject to Department filing or approval and may differ in terms, conditions, limitations, and exclusions from admitted policies. ⁴

Sources for Kidnap and Ransom Insurance in New Jersey

1
Hearing Officer’s Report: 2025 Annual Public Hearing Regarding Surplus Lines Insurance Exportable List. New Jersey Department of Banking and Insurance; Report for annual hearing held Dec. 9, 2025; recommendation to make no additions or deletions to N.J.A.C. 11:1-34. Accessed 2026-09-28.
2
Order A26-01: 2025 Annual Public Hearing Regarding Surplus Lines Insurance Exportable List. New Jersey Department of Banking and Insurance; Commissioner’s approval, signed Jan. 16, 2026; no changes to N.J.A.C. 11:1-34. Accessed 2026-09-28.
3
N.J.A.C. 11:1-33: Surplus Lines Insurance Procurement Requirements. New Jersey Department of Banking and Insurance; §11:1-33.3(a), export-list exception scoped to New Jersey insured and continuing eligibility/producer requirements. Accessed 2026-09-28.
4
N.J.A.C. 11:1-33 Appendix, Exhibit A-2: Required Statement on Surplus Lines Policies. New Jersey Department of Banking and Insurance; Required surplus-lines policy statement; policy filing/approval, different policy terms, guaranty-fund exclusion and categories; effective Apr. 4, 2005. Accessed 2026-09-28.
5
Active Surplus Lines as of September 16, 2026. New Jersey Department of Banking and Insurance; Opening statement and current foreign, domestic, and alien eligible-insurer lists; effective Sept. 16, 2026. Accessed 2026-09-28.
6
New Jersey Department of Banking and Insurance. New Jersey Department of Banking and Insurance; Official regulator homepage. Accessed 2026-09-28.
7
Division of Insurance. New Jersey Department of Banking and Insurance; States that Division issues insurer/producer licenses, reviews products and rates, monitors solvency and responds to consumer concerns. Accessed 2026-09-28.
8
Insurance Licensing and Education. New Jersey Department of Banking and Insurance; Official producer licensing page links to NJDOBI Licensee Search and SBS Licensee Search. Accessed 2026-09-28.
9
Consumer Information. New Jersey Department of Banking and Insurance; Official consumer assistance/complaints destination; DOBI hotline 800-446-7467. Accessed 2026-09-28.
10
Surplus Lines FAQs. New Jersey Department of Banking and Insurance; Current DOBI FAQ states 5% on policies effective on/after July 1, 2009 and identifies direct-procurement filing when NJ receives an out-of-state surplus-lines premium allocation. Accessed 2026-09-28.
11
N.J.A.C. 11:1-33.3, Surplus Lines Procurement Requirements. New Jersey Department of Banking and Insurance; Rule requires diligent effort to place with authorized insurer except coverages on Exportable List. Accessed 2026-09-28.
12
Surplus Lines Tax Q&A. New Jersey Department of Banking and Insurance; DOBI FAQ states Surplus Lines Guaranty Fund covers medical malpractice liability and property covering owner-occupied dwellings under four units; this is narrow and not ordinary business coverage. Accessed 2026-09-28.
13
Licenses. At-Bay; Current producer introduction and state table; At-Bay Insurance Services LLC; P&C and surplus-lines identifiers. Accessed 2026-09-21.
14
Licenses and Carriers. Coalition; Licenses and Carriers, re-read 22 September 2026: Insurance Licenses table for Coalition Insurance Solutions, Inc., national producer number 18419475, with producer and surplus-lines numbers for all 50 states and DC including California 0L76155, Georgia 196479, Texas 2199630 and 2205589, Pennsylvania 815731 and 817452, Colorado 539028 and Wisconsin 3000108852. Insurance Carriers table naming, with NAIC numbers, Allianz Underwriters Insurance Company 36420, Arch Specialty Insurance Company 21199, Ascot Specialty Insurance Company 45055, Ascot Insurance Company 23752, Aspen Specialty Insurance Company 10717, Chaucer Insurance Company DAC, Coalition Insurance Company 29530, Fireman's Fund Indemnity Corporation 11380, Fortegra Specialty Insurance Company 16823, Lloyd's of London, MSIG Specialty Insurance USA Inc. 34886, MS Transverse Specialty Insurance Company 41807, Steadfast Insurance Company 26387, Vantage Risk Specialty Insurance Company 16275 and Zurich American Insurance Company 16535. Accessed 2026-09-22.
15
Insurance Producer Licenses. Corgi Insurance; Current complete Insurance Producer Licenses table for Corgi Insurance Services, Inc.; 50 rows covering 49 states and DC (DC 3003091619); no New Mexico row; no NPN or as-of date shown. Accessed 2026-09-28.
16
About Hiscox US Insurance. Hiscox; Hiscox Insurance Company Inc. NAIC 10200 as Chicago, IL domiciled insurer admitted or licensed in all 50 states and D.C.; Hiscox Inc. as general agent and Lloyd’s coverholder for Syndicates 33 and 3624; surplus-lines placements through licensed surplus-lines brokers; A.M. Best rating statement. Accessed 2026-09-16.
17
Licenses. ERGO NEXT Insurance; Current entity-by-state license table reopened 28 September 2026: 50 rows under Next First Insurance Agency, Inc., including Washington, DC; New York rows instead list Next Insurance Services PC-1423070 and AP Intego BR-1198885. Accessed 2026-09-28.
18
About Risklytics. Risklytics; What we do; Who we insure; Licensing; Agency licenses table dated 2026-09-10. Accessed 2026-09-16.
19
Insurance Licenses by State. TechInsurance; Current state table; identifies TechInsurance as a division of Specialty Program Group LLC d/b/a SPG Insurance Solutions; lists DC 3000041536 and labels Rhode Island “Individual licenses,” without an agency license number. Accessed 2026-09-28.
20
Licenses. Vouch; Effective 16 January 2025: Vouch Specialty Insurance Services, LLC, NPN 19926463; P&C table (50 states and DC); surplus-lines table includes Idaho 870820; footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses; Idaho retained as producer-only due to conflict. Accessed 2026-09-15.

What Kidnap and Ransom Insurance Requirements Apply in New Jersey?

What Is Kidnap and Ransom Insurance?

What to Watch for With Kidnap and Ransom in New Jersey

Use the Current Export-List Approval

Do Not Budget for a K&R Guaranty Backstop

Read the Issued K&R Wording

Verify the Named Carrier’s Current Category