Georgia Laws, Rules, and Regulations Pertinent to Life, Accident, and Sickness Insurance
A Georgia insurer routinely offers claimants substantially less than they ultimately recover, so that claimants must sue. Which unfair claims practice is that?
Answer and explanation
Answer: D. Section 33-6-34 lists compelling insureds to institute litigation by offering substantially less than the amounts ultimately recovered among the unfair claims settlement practices. The other choices are separate enumerated practices in the same section, each describing different conduct.Source: O.C.G.A. § 33-6-34 — 33-6-34, Compelling suit
More georgia laws, rules, and regulations pertinent to life, accident, and sickness insurance questions
- Georgia's definition of insurance contains an element that many state definitions leave out. Which is it?
- How do the investigation power and the penalty provision fit together in Georgia's unfair trade practices chapter?
- How does a Georgia counselor differ from a subagent?
- How does Georgia define a mutual insurer?
- How does Georgia define a subagent?
- How does Georgia define an insurance agent?
592 Georgia questions like this one.
Every answer explained, the ones you miss come back on a spaced schedule, and a plan built from your exam date.