Georgia Code, Title 33, Chapter 3 - Authorization and General Requirements for Transaction of Insurance
- § 33-3-1 - Definitions
As used in this chapter, the term: (1) "Administrative supervision" means the continued operation of the company under supervision of the Commissioner in accordance...
- § 33-3-2 - Certificate of Authority Required for Transaction of Insurance Within State; Exceptions
(a) No person shall act as an insurer and no insurer shall transact insurance in Georgia except as authorized by a subsisting certificate of...
- § 33-3-3 - Qualifications for Transaction of Insurance Generally; Transaction of Insurance by Insurers Owned by States, Foreign Governments
(a) To qualify for and hold authority to transact insurance in Georgia an insurer must be otherwise in compliance with the provisions of this...
- § 33-3-4 - Kinds of Insurance in Which Insurers May Transact
An insurer which otherwise qualifies to transact insurance in Georgia may be authorized to transact any one kind or combination of kinds of insurance...
- § 33-3-5 - Classification of Kinds of Insurance
For the purpose of this chapter, the kinds of insurance defined in Chapter 7 of this title shall be arranged in the following six...
- § 33-3-6 - Requirements As to Capital Stock or Surplus Generally
(a) On or after July 1, 2000, to qualify for an original certificate of authority to transact one or more classes of insurance, an...
- § 33-3-7 - Requirement of Surplus for New Insurers
In addition to the minimum paid-in capital or minimum surplus of insurers required by this title, an insurer shall possess when first authorized in...
- § 33-3-7.1 - Compliance With Minimum Surplus Requirements for Mutual Insurers
Repealed by Ga. L. 2000, p. 1246, § 3, effective July 1, 2000.
- § 33-3-8 - Requirements As to Deposit of Securities Generally
(a) The Commissioner shall not issue a certificate of authority to transact insurance to any insurer unless the insurer has deposited in trust with...
- § 33-3-9 - Requirement of Additional Deposits of Securities by Foreign and Alien Insurers
(a) In addition to the deposit required by Code Section 33-3-8, each foreign and alien insurer shall deposit with the Commissioner securities eligible for...
- § 33-3-10 - Requirement of Additional Special Deposits of Securities by Domestic, Foreign, or Alien Insurers
(a) In addition to the deposits required by Code Sections 33-3-8 and 33-3-9, the Commissioner may require any domestic, foreign, or alien insurer to...
- § 33-3-11 - Requirement of Licensed Resident Agent
Reserved. Repealed by Ga. L. 1999, p. 578, § 1, effective July 1, 1999.
- § 33-3-12 - Requirements As to Name of Insurer
(a) No insurer shall be authorized to transact insurance in Georgia which has or uses a name so similar to that of any insurer...
- § 33-3-13 - Information Required in or Attached to Application for Certificate of Authority
To apply for an original certificate of authority an insurer shall file with the Commissioner its application therefor showing its name, location of its...
- § 33-3-14 - Application Fee
Every original application shall be accompanied by the fee required by Code Section 33-8-1, which shall be returned to the applicant if the application...
- § 33-3-15 - Issuance or Refusal of Certificate of Authority Generally; Determining Whether Insurer Meets Definition of Reinsurer; Designation on Certificate
(a) Upon filing of an application for an original certificate of authority, the Commissioner shall have 90 days in which to approve the application...
- § 33-3-16 - Expiration of Certificate; Procedure for Renewal; Amendment of Certificate by Commissioner
(a) All certificates of authority shall expire at 12:00 Midnight on June 30 of the year following date of issuance or renewal. An insurer...
- § 33-3-17 - Discretionary Refusal, Revocation, or Suspension of Certificate Generally
In addition to any other grounds set forth in this title, the Commissioner may refuse to issue a certificate of authority or after a...
- § 33-3-18 - Administrative Supervision or Suspension of Certificate of Authority for Cause
The Commissioner may, without advance notice or a hearing thereon, place an insurer under administrative supervision or suspend immediately the certificate of authority of...
- § 33-3-19 - Mandatory Refusal, Revocation, or Suspension of Certificate
The Commissioner shall refuse to issue or to renew or shall revoke or suspend an insurer's certificate of authority: (1) If such action is...
- § 33-3-20 - Imposition of Administrative Fine Upon Insurer for Certain Acts of Officers, Employees, Agents, or Representatives
(a) The Commissioner may, after a hearing, impose upon an insurer an administrative fine if he finds that such insurer through the acts of...
- § 33-3-21 - Reports of Business Affairs and Operations of Insurers Generally
On or before March 1 in each year after it shall have commenced to do business pursuant to a certificate of authority, every insurer...
- § 33-3-21.1 - Submission of Reports by Property and Casualty Insurers; Types of Insurance to Which Requirement Applies; Contents of Report; Public Inspection
(a) By rule or regulation, the Commissioner may require each insurer licensed to write property and casualty insurance by the Commissioner to submit a...
- § 33-3-21.2 - Analysis of Adequacy of Loss and Loss Adjustment Expense Reserves When Reserves Outside Standard Range
(a) As used in this Code section, the term "qualified independent loss reserve specialist" means a person who is not an employee, principal, director,...
- § 33-3-21.3 - Annual Filings With National Association of Insurance Commissioners; Agents of Commissioner Not Subject to Civil Liability; Confidentiality of Information
(a) This Code section shall apply to all domestic, foreign, and alien insurers who are authorized to transact business in this state.(b) (1) Each...
- § 33-3-22 - Reports of Insurers Authorized to Transact Product Liability Insurance
The Commissioner by rule and regulation may require each insurer providing product liability insurance in this state to provide reports of its affairs and...
- § 33-3-23 - Restrictions As to Transaction of Insurance by Certain Organizations -- Lending Institutions and Bank Holding Companies
(a) For the purposes of this Code section, the term: (1) "Bank holding company" means the definition as set forth in Code Section 7-1-600...
- § 33-3-24 - Restrictions As to Transaction of Insurance by Certain Organizations -- Institutions of Farm Credit System
(a) No institution included in the Farm Credit System as set forth and identified in 12 U.S.C.A., Section 2002 (Pub. Law 92-181, Sec. 1.2,...
- § 33-3-25 - Language Simplification and Reading Ease Standards; Applicability of Code Section
(a) All homeowner's insurance policies, including tenant homeowner's insurance policies, personal automobile insurance policies, individual life or accident and sickness insurance policies, all certificates...
- § 33-3-26 - Retaliation
(a) When by or pursuant to the laws of any other state or foreign country any taxes, licenses, and other fees in the aggregate...
- § 33-3-27 - Reports of Awards Under Medical Malpractice Insurance Policies
(a) For the purposes of this Code section, the term "medical malpractice claim" means any claim for damages resulting from the death of or...
- § 33-3-28 - Request by Claimant for Information As to Name of Insurer, Name of Each Insured, and Limits of Coverage
(a) (1) Every insurer providing liability or casualty insurance coverage in this state and which is or may be liable to pay all or...
- § 33-3-29 - Licensing of Foreign State Insurers As Domestic Insurers
(a) Any insurer which is organized under the laws of any other state and is admitted to do business in this state for the...
- § 33-3-30 - Principal United States Place of Business of Alien Insurer Entering Through This State
(a) Each alien insurer which enters through this state to transact insurance in the United States through a United States branch shall establish and...
Last modified: October 14, 2016