Georgia Laws, Rules, and Regulations Pertinent to Life, Accident, and Sickness Insurance
What separates section 33-6-4(1) from section 33-6-4(2) in Georgia?
Answer and explanation
Answer: D. Section 33-6-4(1) reaches an advertisement, announcement, or statement placed before the public that is untrue, deceptive, or misleading with respect to the business of insurance, while (2) reaches an estimate, illustration, circular, or statement misrepresenting the terms of a policy. The distinction is what the communication is, not who made it, which line it concerns, or a difference in the mental element.Source: O.C.G.A. § 33-6-4 — 33-6-4(1)-(2) compared
More georgia laws, rules, and regulations pertinent to life, accident, and sickness insurance questions
- A Georgia agent circulates a written claim that a competing insurer is nearly insolvent, knowing it to be false. Which provision applies?
- A Georgia agent circulates an illustration that overstates what a policy will pay. Which provision applies?
- A Georgia agent is found to have violated a regulation of the Commissioner. Is that a license ground?
- 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?
- A Georgia claimant asks why a claim was denied and receives no explanation. Which practice is engaged?
- A Georgia claimant requests the forms needed to file a claim and receives nothing for three weeks. Which requirement has the insurer missed?
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