0 chapters · 1,218 sections in this title.
O.C.G.A. § 33-5-1 Representation of unauthorized insurers prohibited
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(a) No person in this state shall: (1) Represent an insurer who is not at the time duly authorized to transact insurance in this state in the solicitation, negotiation, or effectuation of insurance, inspection of risks, fixing of rates, investigation or adjustment of losses, colle…
O.C.G.A. § 33-5-2 Unclaimed property
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Rehabilitation and liquidation. Claims. Disposition of unclaimed funds subject to distribution, §33-37-44. Unfair trade practices, §§33-6-1 to 33-6-14. Advisory organizations, §33-9-18.
O.C.G.A. § 33-5-20 Short title
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33-5-20.1. Definitions. 33-5-20.2. Criteria for domestic surplus lines insurer; construction with federal provisions; eligibility to write insurance; taxes; protection; financial and solvency requirements; exemption from statutory requirements. 33-5-21. Authorization of procurement…
O.C.G.A. § 33-5-20.1 Definitions
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As used in this article, the term: 187 33-5-20.1 INSURANCE 33-5-20.1 (1) ‘‘Domestic surplus lines insurer’’ means a nonadmitted insurer that is domiciled in this state with which a surplus lines broker may place surplus lines insurance; (1.1) ‘‘Exempt commercial purchaser’’ means…
O.C.G.A. § 33-5-21.1 Application of Chapter 9 or Code Section 33-24-9
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Insurance placed in accordance with this article shall not be subject to the provisions of Chapter 9 of this title or Code Section 33-24-9. History. — Code 1981, § 33-5-21.1, enacted by Ga. L. 1997, p. 1581, § 1; Ga. L. 1997, p. 683, § 1. Editor’s notes. — Ga. L. 1997, p. 1581, §…
O.C.G.A. § 33-5-22 Licensing of surplus line brokers generally
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A surplus lines broker shall be licensed in accordance with Code Section 33-23-37. History. — Code 1933, § 56-618, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1965, p. 248, § 1; Ga. L. 1973, p. 499, § 1; Ga. L. 1985, p. 1239, § 1; Ga. L. 1988, p. 1519, § 1; Ga. L. 1992, p. 2725, …
O.C.G.A. § 33-5-23 Revocation or suspension of broker’s license
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(a) The Commissioner shall revoke any surplus line broker’s license: (1) If the broker fails to file his quarterly affidavit or to remit the tax as required by law; 193 33-5-25 (2) If the broker fails to maintain an office in this state, or to keep records, or to allow the Commiss…
O.C.G.A. § 33-5-25 Change in identity of insurer
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Issuance of substitute certificate, etc., §33-5-27. Commissioner of insurance. Service of process on commissioner, §33-5-34. Conditions of procurement, §33-5-21.
O.C.G.A. § 33-5-26 Endorsement of insurance contract by broker
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(a) Every insurance contract procured and delivered as a surplus line coverage shall be initialed by or bear the name of the surplus line broker who procured it and shall have printed or stamped upon it the following: ‘‘This contract is registered and delivered as a surplus line …
O.C.G.A. § 33-5-27 Representation of unauthorized insurers prohibited
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Validity of contracts effectuated by unauthorized insurers; dissemination of advertising for or on behalf of unauthorized insurers. Penalty for violations of chapter. 33-5-28. 33-5-29. Article 2 33-5-30. Surplus Line Insurance PART 1 33-5-31. GENERAL PROVISIONS 33-5-20. Short tit…
O.C.G.A. § 33-5-3 Penalty for violations of chapter
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Any person, firm, or corporation violating any of the provisions of this chapter shall be guilty of a misdemeanor. History. — Code 1933, § 56-9915, enacted by Ga. L. 1960, p. 289, § 1. 186 T.33, C.5, A.2 REG. OF UNAUTHORIZED INSURERS 33-5-20.1 ARTICLE 2 SURPLUS LINE INSURANCE
O.C.G.A. § 33-5-30 Exempt commercial purchasers
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Defined, §33-5-20.1. Due diligence by broker, when not required, §33-5-21. False certificates. Issuance by broker, §33-5-27. Financial condition of insurer. Capital and surplus requirements, §33-5-25. Indorsement of contract by broker, §33-5-26. Issuance to insured by broker of evi…
O.C.G.A. § 33-5-32 Recordkeeping duties
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Policies written or renewed, §33-5-28. Reports of affairs and operations, §33-5-29. Tax for privilege of doing business, §33-5-31. Penalty for failure to remit within prescribed time, §33-5-32. Bulk insurance agreements. Domestic stock insurers, §33-14-40. Business corporations. …
O.C.G.A. § 33-5-34 ANTI-CANCER DRUG THERAPY
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Insurance coverage. Conditions of coverage, §33-53-2. Definitions, §33-53-1. Exceptions, §33-53-4. APPEALS. Essential rural health care provider access. Denied providers, §33-20B-5. Fraternal benefit societies. Review of decisions and findings of commissioner, §33-15-121. Health mai…
O.C.G.A. § 33-5-35 Endorsement of insurance contract by broker
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Issuance to insured by broker of evidence of insurance; issuance of substitute certificate or endorsement; delivery of policy to insured; penalties. Maintenance by broker of records of policies written or renewed. Filing of quarterly affidavits by surplus line brokers; filing of re…
O.C.G.A. § 33-5-40 Legislative findings
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The General Assembly finds the federal Nonadmitted and Reinsurance Reform Act of 2010, which was incorporated into the federal Dodd-Frank Wall Street Reform and Consumer Protection Act, P.L. 111-203, provides that only an insured’s home state may require premium tax payment for no…
O.C.G.A. § 33-5-43 SLIMPACT-lite
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Agreements to substantially follow, §33-5-42. Procurement, §33-5-21. Application of provisions, §33-5-21.1. Contracts procured from unauthorized insurers. Filing of report by persons procuring insurance, §33-5-33. Validity and enforceability, §33-5-30. 1210 INDEX INSURANCE —Cont’…
O.C.G.A. § 33-5-44 Notice; report
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In the event the Governor enters into a cooperative agreement, compact, or reciprocal agreement with another state or states as authorized under this part, notice of such action shall be communicated to the chairperson of the House Committee on Insurance and the chairperson of th…
O.C.G.A. § 33-5-50 Unfair trade practices
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Chapter governing, §33-6-14. Insurance policies, §33-24-16. Insurance rating and advisory organizations. General chapter governing, §33-9-1. INTERSTATE COMPACTS. Insurance. Interstate insurance product regulation compact, §§33-59A-1, 33-59A-2. INTERSTATE INSURANCE PRODUCT REGULAT…
O.C.G.A. § 33-5-51 Purpose of article
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The purpose of this article is to subject certain insurers to the jurisdiction of the courts of this state in actions by or on behalf of insureds or beneficiaries under insurance contracts. The General Assembly declares that it is a subject of concern that many residents of this s…
O.C.G.A. § 33-5-53 Captive insurance companies
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Rulemaking authority, §§33-41-24, 33-41-25. Sponsored captive insurance companies. Protected cells, prior written consent, §33-41-102. Certificates of authority. Amendment by commissioner, §33-3-16. Fair access to insurance requirements.
O.C.G.A. § 33-5-55 Mode of service prescribed by article cumulative
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Nothing in this article shall limit or abridge the right to serve any process, notice, or demand upon any insurer in any other manner now or hereafter permitted by law. History. — Code 1933, § 56-609, enacted by Ga. L. 1960, p. 289, § 1.
O.C.G.A. § 33-5-57 Right of service
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Effect of article on, §33-5-55. Solicitors. Service upon, §33-5-54. Surplus line insurance. Generally, §§33-5-20 to 33-5-44. 1258 INDEX INSURANCE COMPANIES —Cont’d Unauthorized insurers —Cont’d Unauthorized insurers process act. Applicability, §33-5-59. Short title, §33-5-50. Val…
O.C.G.A. § 33-5-58 Pleading, §33-5-57
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Recovery of penalty and attorneys’ fees by plaintiff, §33-5-58. Unfair claims settlement practices. Availability of private cause of actions, §33-6-37. Venue of actions, §33-4-1. Actions against unauthorized insurers issuing surplus line policies, §33-5-34. Actions by reciprocal …
O.C.G.A. § 33-5-59 Applicability of article
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This article shall not apply to any action or proceeding against any unauthorized insurer arising out of any contract of: (1) Reinsurance effectuated in accordance with the laws of Georgia; (2) Surplus line insurance authorized by this chapter; (3) Insurance on property or operat…