NJAFIUANew Jersey Automobile Full Insurance Underwriting Association (equivalent of Joint Underwriting Association)
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New Jersey residents, who read their newspapers, saw an article (again a press release no doubt) dial stated our auto rates would be cut as much as $222 as of April 1, 1991 by elimination of the policy constants and residual market equalization charges (RMEC), both of which were subsidies in all auto insurance policies for the failed NJAFIUA and which were monies poured into the bottomless pit of the JUA's deficit.