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 required by any provision of this title; or (2) If the insurer no longer meets the requirements for the authority originally granted on account of deficiency in assets or otherwise. History. — Code 1933, § 56-316, enacted by Ga. L. 1960, p. 289, § 1.