Authorization of Insurers and General Requirements

What this document is

O.C.G.A. Title 33 Chapter 3 - Authorization of Insurers and General Requirements (§§ 33-3-1 through 33-3-30, 35 sections) is a state statute published by Georgia Code Revision Commission / LexisNexis (Official Code of Georgia Annotated), served through the Fastcase public document service that the Georgia Secretary of State's own rules publication links to. It is one of the Georgia documents that insurance license exam questions are written from, including georgia property & casualty, georgia personal lines practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• O.C.G.A. § 33-3-1(2)-(5) (Definitions)

  “(2) "Alien" insurer means an insurer formed under the laws of a country other than the United States. (3) "Charter" means articles of incorporation, articles of agreement, articles of association, or other basic constituent document of a corporation; subscribers' agreement and power of attorney of...”

• O.C.G.A. § 33-3-2(a), (b) (Certificate of authority required for transaction of insurance within state; exceptions)

  “(a) No person shall act as an insurer and no insurer shall transact insurance in Georgia except as authorized by a subsisting certificate of authority granted to it by the Commissioner, except as to any transactions as are expressly otherwise provided for in this title. (b) The mere investigation...”

• O.C.G.A. Sec. 33-3-2(c) (Certificate of authority required for transaction of insurance within state; exceptions)

  “An insurer not transacting new insurance business in Georgia but continuing collection of premiums on and servicing of policies remaining in force as to residents of or risks located in Georgia is transacting insurance in Georgia for the purpose of premium tax requirements only and is not required...”

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More Georgia sources

• O.C.G.A. s. 33-6-4: Enumeration of unfair methods of competition and deceptive actsState statute
• O.C.G.A. Title 33, Chapter 29 - Individual Accident and Sickness Insurance (complete chapter, §§ 33-29-1 to 33-29-22)State statute
• Georgia Rules & Regulations Ch. 120-2 - Accident and Sickness Insurance: Subjects 120-2-12 (Advertising Accident and Sickness Insurance) and 120-2-59 (Standard Claim Form for Accident and Sickness Insurance)State statute
• Georgia Rules & Regulations Ch. 120-2 - Group Health Insurance: Subjects 120-2-48 (Group Coordination of Benefits) and 120-2-67 (Portability and Renewability)State statute
• Georgia Rules & Regulations Ch. 120-2, Subject 120-2-10 - Regulations Regarding Insurance Contract (Rules 120-2-10-.01 through -.14, including -.11A)State statute
• Georgia Rules & Regulations Ch. 120-2 - Life Insurance and Annuity Contract Regulation: Subjects 120-2-11 (Advertising of Life Insurance and Annuity Contracts), 120-2-22 (Georgia Variable Annuity Contract Regulation), 120-2-24 (Replacement of Life Insurance Policies), 120-2-31 (Life Insurance Solicitation Regulation), 120-2-32 (Variable Life Insurance), 120-2-94 (Suitability in Annuity Transactions)State statute
• Georgia Rules & Regulations Ch. 120-2 - Subjects 120-2-8 (Medicare Supplement Insurance) and 120-2-16 (Long Term Care Insurance), minimum standardsState statute
• O.C.G.A. Title 33 Chapter 1 - General Provisions of the Georgia Insurance Code (§§ 33-1-1 through 33-1-28, 31 sections)State statute