Georgia Laws, Rules, and Regulations Pertinent to Life, Accident, and Sickness Insurance
A Georgia agent makes the same false claim about a competitor's finances, but only in conversation. Does section 33-6-4(3) still apply?
Answer and explanation
Answer: C. Section 33-6-4(3) applies to any oral or written statement that is false or maliciously critical of, or substantially misrepresents, an insurer's financial condition. Because the provision names oral statements explicitly, the medium does not matter, and it does not condition the violation on the listener acting.Source: O.C.G.A. § 33-6-4 — 33-6-4(3), Oral or written
More georgia laws, rules, and regulations pertinent to life, accident, and sickness insurance questions
- Which forms of communication does section 33-6-4(1) name?
- Which of these appears in section 33-23-21 even though it does not concern insurance conduct?
- Which of these does section 33-6-4(2) expressly cover?
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