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73 chapters · 1,492 sections in this title.
O.C.G.A. § 33-10-1 Assets considered in determining financial condition of insurers generally
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In any determination of the financial condition of an insurer, there shall be allowed as assets only such assets as are owned by the insurer and which consist of: (1) Cash in the possession of the insurer or in transit under its control, including the true balance of any deposit i…
O.C.G.A. § 33-10-10 Title insurance, required reserves
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In addition to an adequate reserve as to outstanding losses as required under Code Section 33-10-5, a title insurer shall maintain a guaranty fund or unearned premium reserve of not less than an amount computed as follows: (1) Ten percent of the total amount of the risk premiums …
O.C.G.A. § 33-10-11 Requirement of special reserve for certain bonds
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In lieu of the unearned premium reserve required on surety insurance under subsection (a) of Code Section 33-10-6, the Commissioner may require any surety insurer or limited surety insurer to set up and maintain a reserve on all bail bonds or other single premium bonds without de…
O.C.G.A. § 33-10-12 Requirement by Commissioner of increase in loss reserves
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If the loss experience shows that an insurer’s loss reserves, however estimated, are inadequate, the Commissioner shall require the insurer to maintain loss reserves of increased amounts as are needed to make them adequate. This Code section does not apply to life insurance. Hist…