Petition for hearing by aggrieved insurer

Any insurer aggrieved by the Commissioner’s disapproval of any rate filing may petition the Commissioner for a hearing within ten days of the notification of such disapproval, unless otherwise specifically provided by law. A hearing conducted pursuant to this Code section shall be conducted in accordance with the provisions of Chapter 2 of this title. History. — Code 1981, § 33-9-21.2, enacted by Ga. L. 2002, p. 8, § 3. 33-9-22. Conduct of examinations of organizations by Commissioner generally; acceptance of reports of insurance supervisory officials of other states. (a) The Commissioner shall, at least once every five years, and may, as often as may be reasonable and necessary, make or cause to be made an examination of each licensed rating organization; and he may, as often as may be reasonable and necessary, make or cause to be made an examination of any advisory organization or group, association, or other 428 33-9-23 organization of insurers which engages in joint underwriting or joint reinsurance. (b) In lieu of the examination required in subsection (a) of this Code section, the Commissioner may accept the report of an examination made by the insurance supervisory official of another state. (c) In examining any organization, group, or association pursuant to this Code section, the Commissioner shall ascertain whether the organization, group, or association and, in the case of a rating organization, any rate or rating system made or used by it complies with the applicable requirements and standards of this chapter. History. — Code 1933, § 56-523, enacted by Ga. L. 1967, p. 684, § 1; Ga. L. 1982, p. 3, § 33. 33-9-23. Examination of admitted insurers; examination of insurers transacting workers’ compensation insurance. (a) The Commissioner may, at any reasonable time, make or cause to be made an examination of every admitted insurer transacting any class of insurance to which this chapter is applicable to ascertain whether the insurer and every rate and rating system used by it for each class of insurance complies with the requirements and standards of this chapter applicable thereto. The examination shall not be a part of a periodic general examination participated in by representatives of more than one state. (b) In addition to and apart from the examination required by subsection (a) of this Code section, the Commissioner may, at any reasonable time, examine or cause to be examined by some examiner duly authorized by him or her all insurers transacting workers’ compensation insurance in this state. This examination will include a review of the loss ratios, reserves, reserve development information, expenses including commissions paid and dividends paid, investment income, pure premium data adjusted for loss development and loss trending, profits, and all other data and information used by that insurer in formulating its workers’ compensation rates which are used in this state and any other information or data required by the Commissioner. Upon completion of this examination, a report in such form as the Commissioner shall prescribe shall be filed in his or her office. History. — Code 1933, § 56-524, enacted by Ga. L. 1967, p. 684, § 1; Ga. L. 1982, p. 644, § 4; Ga. L. 2019, p. 337, § 1-50/SB 132. The 2019 amendment, effective July 1, 2019, in subsection (b), inserted ‘‘or her’’ in the first sentence and near the end of the last sentence and deleted ‘‘premium’’ following ‘‘workers’ compensation’’ in the second sentence. 429 33-9-26