Georgia Laws, Rules, and Regulations Pertinent to Life, Accident, and Sickness Insurance
Which of these appears in section 33-23-21 even though it does not concern insurance conduct?
Answer and explanation
Answer: C. Section 33-23-21 includes non-compliance with a child support order among its enumerated grounds, which is why a license can be at risk for conduct outside the insurance business. Tax filing, student loans, and professional liability coverage do not appear among the grounds.Source: O.C.G.A. § 33-23-21 — 33-23-21, Non-insurance grounds
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?
- A Georgia licensee writes coverage for the firm of which she is a member. Does that fall within controlled business?
- A Georgia mutual insurer and a fraternal benefit society both lack capital stock. What still separates them?
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