Georgia Laws, Rules, and Regulations Pertinent to Life, Accident, and Sickness Insurance
A Georgia insurer has no system of control over its advertisements and a misleading one reaches the public. What is the position?
Answer and explanation
Answer: B. Rule 120-2-11-.04 requires the insurer to establish and maintain a system of control and makes it responsible for all advertisements regardless of authorship, while section 33-6-4(1) reaches an untrue, deceptive, or misleading assertion placed before the public. Both are engaged, and authorship does not shift responsibility.Source: Ga. Comp. R. & Regs. r. 120-2-11-.04 — 120-2-11-.04 read with 33-6-4(1)
More georgia laws, rules, and regulations pertinent to life, accident, and sickness insurance questions
- A Georgia claimant requests the forms needed to file a claim and receives nothing for three weeks. Which requirement has the insurer missed?
- A Georgia insurer charges a higher rate to an applicant whose health history places him in a different underwriting class. Is that unfair discrimination?
- A Georgia insurer does not itself set the differing rates, but knows its agents apply them within one class. Is the unfair discrimination provision engaged?
- A Georgia insurer has no shares to issue and cannot raise capital by selling equity. Which form is it?
- A Georgia insurer is both due for its periodic examination and under investigation for trade practices. Which authorities apply?
- A Georgia insurer refuses to pay a claim without looking into the facts. Which enumerated practice does that match?
592 Georgia questions like this one.
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