Georgia Laws, Rules, and Regulations Pertinent to Life, Accident, and Sickness Insurance
What does section 33-2-9 require of the Commissioner's compiled rules?
Answer and explanation
Answer: D. Section 33-2-9 requires the rules to be compiled and kept as public records, alongside the filing and comment requirements. There is no automatic five-year lapse, no mailing duty to each licensee, and no gubernatorial approval step for compilation.Source: O.C.G.A. § 33-2-9 — 33-2-9(d), Rules as public records
More georgia laws, rules, and regulations pertinent to life, accident, and sickness insurance questions
- A Georgia insurer routinely offers claimants substantially less than they ultimately recover, so that claimants must sue. Which unfair claims practice is that?
- A Georgia insurer's annual report shows capital divided into shares, a board answerable to shareholders, and profits distributed as dividends on those shares. Which form is it?
- A Georgia lender conditions a loan on the borrower buying insurance through the lender's own agency. Which provision most directly fits?
- A Georgia license is found to have been obtained through fraud. What does section 33-23-21 allow the Commissioner to do?
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- A Georgia mutual insurer and a fraternal benefit society both lack capital stock. What still separates them?
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