Georgia Laws, Rules, and Regulations Pertinent to Life, Accident, and Sickness Insurance
Georgia's definition of a foreign insurer reaches formation under the laws of what?
Answer and explanation
Answer: A. Section 33-3-1(5) defines a foreign insurer as one formed under the laws of another state or government of the United States, which brings United States jurisdictions beyond the states within it. Formation in another country makes an insurer alien under (2), and holding a certificate goes to authorization.Source: O.C.G.A. § 33-3-1 — 33-3-1(5), Government of the United States
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