Georgia Administrative Code

A domestic insurer may register a representative to represent such insurer by filing the required form with the Commissioner and paying the required fees.

(1) Upon request, the Commissioner shall issue a Certificate of Licensure to any licensee currently licensed in accordance with the Georgia Insurance Code and this Regulation. (2) A Certificate of Licensure may be requested by filing the required form accompanied by the required …

(1) Upon request, the Commissioner shall issue Letters of Status or Clearance, indicating the license history or status of anyone that has held or currently holds an insurance license in this state. (2) A Status or Clearance letter may be requested by filing the required form and…

(1) Upon application to the Commissioner on the required form, accompanied by the required fee, a license to sell title insurance shall be issued to any resident provided that (a) The individual meets the requirements for an agent license under Chapter 23 of Title 33 of the Offic…

(1) Upon application to the Commissioner on the required form, a limited license for rental companies shall be issued provided that: (a) The rental company meets the requirements for licensure under Chapter 23 of Title 33 of the Official Code of Georgia Annotated and this Regulat…

(1) In order to be eligible for a resident limited health counselor license in accordance with Chapter 23 of Title 33 of the Official Code of Georgia Annotated and this Regulation, the applicant must make proper application to the Commissioner and pay all required fees. (2) All n…

(1) Upon application to the Commissioner on the required form, a limited license for a self-storage provider shall be issued provided that: (a) The self-storage provider meets the requirements for licensure under Chapter 23 of Title 33 of the Official Code of Georgia Annotated an…

(1) No person shall act as a Navigator, as defined in O.C.G.A. § 33-23-201(3), without first obtaining a license to act as such from the Commissioner. (2) The Commissioner may not issue a Navigator license to any applicant until such applicant has: (a) Submitted an application on…

(1) Upon application to the Commissioner, a limited credit insurance agency license shall be issued provided that: (a) Application is made on such form or forms as are prescribed by the Commissioner for this purpose, and shall include at least the following: (i) A list of individ…

Any violation of this Regulation shall be a violation of Chapter 23 of Title 33 of the Official Code of Georgia Annotated.

If any provision of this Regulation chapter or the application thereof to any person or circumstance is held invalid by a court of competent jurisdiction, the remainder of the chapter or the applicability of such provision to other persons or circumstances shall not be affected.

This Regulation is made and promulgated by the Insurance Commissioner pursuant to the authority set forth in Section 33-2-9 and Section 33-14-45 of the Georgia Insurance Code.

The purpose of this Regulation is to establish guidelines and procedures for the issuance and repayment of surplus loans of mutual insurers issued pursuant to Section 33-14-15 of the Georgia Insurance Code.

(1) "Commissioner" shall mean the Georgia Insurance Commissioner. (2) "Domestic mutual insurer" shall mean an insurance company incorporated under the laws of Georgia without capital stock or shares, and is owned and governed by its policyholders. (3) "Earned surplus" shall mean …

(1) Prior to the making of any surplus loan, the borrowing insurer must file with the Georgia Insurance Department a sample copy of each series and type of surplus note or certificate to be issued and a statement which relates the purposes of the loan and reasons why such loan sh…

The body of the note or certificate shall provide that: (a) All payment of interest and principal shall be payable only out of earned surplus in excess of that surplus required by law to transact the kind(s) of insurance for which the company is authorized. (b) All proposed payme…

(1) All payments of any interest and principal shall be payable only out of earned surplus in excess of that surplus required by law to transact the kind(s) of insurance for which the company is authorized, or in excess of the insurer's surplus at the time the loan was made, whic…

(1) The principal together with the interest shall not be considered on the financial statement of the insurer as a legal liability or be the basis of any set off. (2) The total amount of principal for all surplus loans, then unpaid, shall be entered in the annual statement, in a…

This Regulation is made and promulgated by the Insurance Commissioner pursuant to the authority set forth in Section 33-2-9 and Chapter 33-6 of the Georgia Insurance Code.

(1) The purpose of this regulation is to require insurers to deliver to purchasers of life insurance information which will improve the buyer's ability to select the most appropriate plan of life insurance for his needs, improve the buyer's understanding of the basic features of …

(1) Except as hereafter exempted, this regulation shall apply to any solicitation, negotiation or procurement of life insurance occurring within this State. This regulation shall apply to any issuer of life insurance contracts. (2) Unless otherwise specifically included, this reg…

For the purpose of this Regulation, the following definitions shall apply: (1) "Commissioner" means the Georgia Insurance Commissioner. (2) "Buyer's Guide" means a document which contains, and is limited to, the language contained in "Exhibit A" attached hereto and incorporated h…

(1) Prior to soliciting, procuring or receiving an application, the insurer shall provide, to all prospective purchasers, a Buyer's Guide. The insurer shall also provide to all prospective purchasers a Policy Summary prior to accepting the applicant's initial premium or premium d…

(1) Each insurer shall maintain at its home office or principal office, a complete file containing one copy of each document authorized by the insurer for use pursuant to this regulation. Such file shall contain one copy of each authorized form for a period of three years followi…

If any section or portion of a section of this regulation or the applicability thereof to any waiver or circumstances is held invalid by a court of competent jurisdiction, the remainder of the rules or the applicability of such provisions to other insurers or circumstances, shall…

Failure of an insurer to provide or deliver a Buyer's Guide, or a Policy Summary as provided in Section .05 of this rule, shall constitute an omission which misrepresents the benefits, advantages, conditions or terms of an insurance policy. Any insurer failing to comply with the …

This Regulation is made and promulgated by the Commissioner of Insurance pursuant to the authority set forth in Sections 33-2-9 and 33-11-36 of the Georgia Insurance Code.

The purpose of this Regulation is to regulate the insurers which issue variable life insurance policies and the agents or other persons who sell such policies in the State of Georgia and to otherwise implement the insurance laws of the State of Georgia with respect to the solicit…

For the purpose of this Regulation: (1) "Affiliate" of an insurer means any person, directly or indirectly, controlling, controlled by, or under common control with such insurer; any person who regularly furnishes investment advice to such insurer with respect to its variable lif…

The following requirements are applicable to all insurers either seeking authority to issue variable life insurance in this State or having authority to issue variable life insurance in this State: (1) Licensing and Approval to do Business in this State. An insurer shall not deli…

The Commissioner shall not approve any variable life insurance form filed pursuant to this Regulation unless it conforms to the following requirements of this Rule: (1) Filing of Variable Life Insurance Policies. All variable life insurance policies, and all riders, endorsements,…

(1) Reserve liabilities for variable life insurance policies shall be established under Section 33-10-13 of the Georgia Insurance Code in accordance with actuarial procedures that recognize the variable nature of the benefits provided and any mortality guarantees. (2) For schedul…

The following requirements apply to the establishment and administration of variable life insurance separate accounts by any domestic insurer: (1) Establishment and Administration of Separate Accounts. Any domestic insurer issuing variable life insurance in this State shall estab…

An insurer delivering or issuing for delivery in this State any variable life insurance policies shall deliver to the applicant for the policy, and obtain a written acknowledgement of receipt from such applicant coincident with or prior to the execution of the application, the fo…

The application for a variable life insurance policy shall contain: (1) a prominent statement that the death benefit may be variable or fixed under specified conditions; (2) a prominent statement that cash values may increase or decrease in accordance with the experience of the s…

Any insurer delivering or issuing for delivery in this State any variable life insurance policies shall mail to each variable life insurance policyholder at his or her last known address the following reports: (1) within thirty (30) days after each anniversary of the policy, a st…

If the law or regulation in the place of domicile of a foreign company provides a degree of protection to the policyholders and the public which is substantially similar to that provided by this Regulation, the Commissioner to the extent deemed appropriate by him in his discretio…

(1) Qualification to Sell Variable Life Insurance. Agents shall be qualified to sell variable life insurance upon satisfying the following requirements: (a) No person may sell or offer for sale in this State any variable life insurance policy unless such person: 1. holds a curren…

If any provision of this Regulation or the application thereof to any person or circumstance is for any reason held to be invalid, the remainder of the Regulation and the application of such provision to other persons or circumstances shall not be affected thereby.

Any insurer or agent, representative, officer or employee of such insurer, failing to comply with the requirements of this Regulation shall be subject to such penalties as prescribed by the insurance laws of this State.

This Regulation is made and promulgated by the Commissioner of Insurance pursuant to the authority set forth in O.C.G.A. Sections 33-21-18 and 33-2-9.

(1) To govern and regulate various phases of operations of Health Maintenance Organizations ("HMOs"). (2) To protect the interests of the enrolled public. (3) To provide means by which the quality of care rendered, in conjunction with such Rules and Regulations as may be establis…

(1) All terms defined in Acts 1979, p. 1148 (O.C.G.A. Chapter 33-21), as amended, hereinafter referred to as the Health Maintenance Organization Act or Act, which are used in this Regulation, shall have the same meaning as in the Act. (2) The following words and terms, when used …

(1) All applications for a certificate of authority will be reviewed in accordance with the standards set forth in the Act, these rules and the Rules and Regulations of the Department of Human Resources. (2) An applicant applying for a certificate of authority to operate an HMO i…

(1) No name, other than that approved by the Commissioner, may be used by the HMO and the name of the HMO may not be changed without prior approval of the Commissioner. (2) No HMO may change a service within the contract period, unless approved arrangements equitable to enrollees…

(1) No HMO may cancel or refuse to renew the coverage of an enrollee for any reason which is not related to nonpayment of premium except as provided by the Rules and Regulations of the Office of Commissioner of Insurance Chapter 120-2-67. (2) No HMO may cease offering a service o…

(1) Each HMO shall annually, on or before the first day of March, file with the Commissioner, on Annual Statement Forms prescribed and adopted by Order of the Commissioner, an annual statement as of December 31st of the preceding year, certified by at least two principal officers…