reglab/housing_qa huggingface dataset:
GA Code § 33-3-16 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 3 - Authorization and General Requirements for Transaction of Insurance|§ 33-3-16. Expiration of Certificate; Procedure for Renewal; Amendment of Certificate by Commissioner

  All certificates of authority shall expire at 12:00 Midnight on June 30 of the year following date of issuance or renewal. An insurer desiring renewal shall file on March 1 preceding expiration a copy of its annual statement of December 31 of the preceding year in a form approved for current use by the Commissioner. On or before March 1 of each year, each insurer at its expense shall publish in a newspaper of general circulation published in this state a copy of such statement in short form showing income, assets, expenditures, and liabilities in gross as of December 31 of the preceding year to be sworn to by the officer or agent making the same; and such statement so published must be filed with the Commissioner with a copy of the statement as published attached thereto. Notwithstanding the March 1 deadline, the Commissioner may for good cause grant an extension of time for filing such annual statement not to exceed 60 days. If the insurer qualifies, its certificate shall be renewed annually; provided, however, that any certificate of authority shall continue in full force and effect until the new certificate is issued or specifically refused.   The Commissioner may amend a certificate of authority at any time to accord with changes in the insurer's charter or insuring powers.    (Code 1933, § 56-315, enacted by Ga. L. 1960, p. 289, § 1.)   OPINIONS OF THE ATTORNEY GENERAL    The Commissioner does not have the authority to issue permanent certificates of authority  that would not expire or require renewal. 1979 Op. Att'y Gen. No. 79-78.   Renewal filing may be reviewed.   - The Department of Insurance need not issue a renewal certificate of authority to an insurer automatically upon the submission of a completed renewal filing, but may instead review that filing prior to issuing a renewal certificate. 1979 Op. Att'y Gen. No. 79-78.   Subsection (a) of this section does not require the commissioner to issue an insurer's renewal certificate of authority as a routine matter upon completion of its requirements, but instead anticipates that the commissioner and his staff will review the filing prior to either issuing or refusing to issue a renewal certificate of authority. 1979 Op. Att'y Gen. No. 79-78.   RESEARCH REFERENCES   Am. Jur. 2d.   - 43 Am. Jur. 2d, Insurance, §§ 27, 30.   C.J.S.   - 44 C.J.S., Insurance, §§ 77 et seq., 139 et seq.
GA Code § 33-3-18 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 3 - Authorization and General Requirements for Transaction of Insurance|§ 33-3-18. Administrative Supervision or Suspension of Certificate of Authority for Cause

 The Commissioner may, without advance notice or a hearing thereon, place an insurer under administrative supervision or suspend immediately the certificate of authority of any insurer:    As to which proceedings for receivership, conservatorship, rehabilitation, or other delinquency proceedings have been commenced in any state by the public insurance supervisory official of such state;   Whose authority to do business in any state has been revoked, suspended, or restricted in any way by the public insurance supervisory official of such state; or   If upon examination or at any other time it appears in the Commissioner's discretion that:   The insurer's condition renders the continuance of its business hazardous to the public or to its insureds;   The insurer exceeded its powers granted under its certificate of authority and applicable law;   The insurer has failed to comply with the applicable provisions of this title;   The business of the insurer is being conducted fraudulently; or   The insurer gives its consent.      (Code 1933, § 56-317.2, enacted by Ga. L. 1969, p. 585, § 1; Ga. L. 1991, p. 1424, § 1; Ga. L. 1992, p. 2877, § 6.)   Law reviews.   - For note on 1991 amendment of this Code section, see 8 Ga. St. U.L. Rev. 89 (1992).   RESEARCH REFERENCES   Am. Jur. 2d.   - 43 Am. Jur. 2d, Insurance, § 30.   C.J.S.   - 44 C.J.S., Insurance, § 63 et seq.
GA Code § 33-3-19 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 3 - Authorization and General Requirements for Transaction of Insurance|§ 33-3-19. Mandatory Refusal, Revocation, or Suspension of Certificate

 The Commissioner shall refuse to issue or to renew or shall revoke or suspend an insurer's certificate of authority:    If such action is required by any provision of this title; or   If the insurer no longer meets the requirements for the authority originally granted on account of deficiency in assets or otherwise.    (Code 1933, § 56-316, enacted by Ga. L. 1960, p. 289, § 1.)   OPINIONS OF THE ATTORNEY GENERAL   Former Code 1933,    § 56-307 controlled in conflict with this section. - As a matter of statutory construction, the more specific statute, i.e., former Code 1933, § 56-307 (see O.C.G.A. § 33-3-7), governs in case of a seeming conflict with a more general one such as paragraph (2) of Ga. L. 1960, p. 289, § 1 (see O.C.G.A. § 33-3-19). 1963-65 Op. Att'y Gen. p. 216.    Words "deficiency in assets"  are intended to apply primarily to such items as "impairment of capital" and "insufficiency of policy reserves"; if both capital and expendable surplus were required to be maintained at all times they would be synonymous; the separate provisions for "capital" and for "expendable surplus" make it evident that the two are not synonymous. 1963-65 Op. Att'y Gen. p. 216.   Commissioner may allow reduction of paid-in surplus.   - Although paid-in surplus is required of all companies upon their authorization to do business in the State of Georgia, it is within the discretion of the Commissioner to determine at what time the particular company is in such sound financial position as to no longer require this account to be maintained at its original level. 1963-65 Op. Att'y Gen. p. 216.   RESEARCH REFERENCES   Am. Jur. 2d.   - 43 Am. Jur. 2d, Insurance, §§ 30, 33.   C.J.S.   - 44 C.J.S., Insurance, §§ 63 et seq., 79, 139 et seq.
GA Code § 33-3-20 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 3 - Authorization and General Requirements for Transaction of Insurance|§ 33-3-20. Imposition of Administrative Fine Upon Insurer for Certain Acts of Officers, Employees, Agents, or Representatives

  The Commissioner may, after a hearing, impose upon an insurer an administrative fine if he finds that such insurer through the acts of its officers, employees, agents, or representatives has with such frequency as to indicate its general business practice in this state:   Failed to use due diligence in processing all claims, failed to pay claims in a timely manner, failed to provide proper notice when required with respect to the reasons for the insurer's failure to make claims payments when due, or refused without just cause to pay proper claims arising under coverage provided by its policies, whether the claim is in favor of an insured or in favor of a third person with respect to the liability of an insured to a third person or in favor of any other person entitled to the proceeds of a policy;   Compelled, without just cause, insureds, claimants, or other persons entitled to the proceeds of its policies in this state to accept less than the amount due them or to bring an action against the insurer or an insured to secure full payment or settlement thereof; or   Accepted money, trade stamps, gifts, or other remuneration of any kind in return for referring automobile and other property repair business including glass breakage to a particular automobile repairer, glass company, construction company, or other repair company of any kind.     The administrative fine imposed for violations set forth in paragraph (1), (2), or (3) of subsection (a) of this Code section shall not exceed $1,000.00 for each act of misconduct constituting a violation; provided, however, a fine of not more than $5,000.00 for each act of willful misconduct constituting a violation may be imposed.   For the purposes of this Code section, the term "insurer" shall include any insurer, nonprofit organization, or any other person authorized to sell accident and sickness insurance policies, subscriber contracts, certificates, or agreements of any form under Chapter 15, 20, 21, 29, or 30 of this title.    (Code 1933, § 56-317.1, enacted by Ga. L. 1969, p. 585, § 1; Ga. L. 1973, p. 668, § 1; Ga. L. 1982, p. 3, § 33; Ga. L. 1982, p. 1678, §§ 1, 4; Ga. L. 1984, p. 22, § 33; Ga. L. 2019, p. 337, § 1-18/SB 132.)    The 2019 amendment,  effective July 1, 2019, deleted "18, 19," following "Chapter 15," near the end of subsection (c).   Cross references.   - Liability of insurer refusing in bad faith to pay claim, § 33-4-6.   RESEARCH REFERENCES   Am. Jur. 2d.   - 43 Am. Jur. 2d, Insurance, § 20.   C.J.S.   - 44 C.J.S., Insurance, § 67 et seq.   ALR.    - Necessity and sufficiency, or waiver, of demand as a condition of statutory liability of insurer for failure to pay delay in paying loss, 145 A.L.R. 343.
GA Code § 33-3-21 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 3 - Authorization and General Requirements for Transaction of Insurance|§ 33-3-21. Reports of Business Affairs and Operations of Insurers Generally

 On or before March 1 in each year after it shall have commenced to do business pursuant to a certificate of authority, every insurer shall make and file with the Commissioner a report of its affairs and operations during the year ending on December 31 of the preceding year. This annual report shall be made in such form and contain such information as the Commissioner may prescribe by regulation from time to time and may require in protecting the public interest, the interest of the policyholders of any insurer, and the interest of the investors in the securities issued by any insurer. The Commissioner may require by regulation any additional periodic reports as he or she may prescribe from time to time as necessary or appropriate for the protection of policyholders, investors, and the public and necessary to ensure the solvency of any insurer, to inform and protect the investors in any insurer, and to assure fair dealing in the securities of any insurer. The Commissioner may require that the reports be verified under oath by any appropriate officers or agents as he or she may designate by regulation and may require the same to be published. Compliance with this Code section shall be a condition to the renewal of a certificate of authority under Code Section 33-3-16.   (Ga. L. 1887, p. 113, § 16; Civil Code 1895, § 2064; Civil Code 1910, § 2458; Ga. L. 1912, p. 119, § 9; Code 1933, §§ 56-108, 56-232; Code 1933, § 56-319, enacted by Ga. L. 1965, p. 378, § 1; Ga. L. 1992, p. 6, § 33; Ga. L. 2019, p. 337, § 1-19/SB 132.)    The 2019 amendment,  effective July 1, 2019, deleted "of Insurance" following "the Commissioner" in the first sentence and inserted "or she" in the third and fourth sentences.   RESEARCH REFERENCES   Am. Jur. 2d.   - 43 Am. Jur. 2d, Insurance, § 35.   C.J.S.   - 44 C.J.S., Insurance, § 63.
GA Code § 33-3-21.1 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 3 - Authorization and General Requirements for Transaction of Insurance|§ 33-3-21.1. Submission of Reports by Property and Casualty Insurers; Types of Insurance to Which Requirement Applies; Contents of Report; Public Inspection

  By rule or regulation, the Commissioner may require each insurer licensed to write property and casualty insurance by the Commissioner to submit a report on a form furnished by the Commissioner showing its direct writings in this state.   The report permitted by subsection (a) of this Code section may include but not be limited to the following types of insurance written by such insurer:   Motor vehicle bodily injury liability insurance, including medical pay insurance;   Products liability insurance;   Medical malpractice insurance;   Architect and engineer malpractice insurance;   Attorney malpractice insurance;   Motor vehicle personal injury protection insurance;   Motor vehicle property liability insurance;   Uninsured motorist insurance;   Underinsured motorist insurance; and   Commercial casualty or property insurance as defined in paragraph (1) of Code Section 33-7-3 or Code Section 33-7-6.     Additionally, the report shall include the following information:   Direct premiums written;   Direct premiums earned;   Net investment income, including net realized capital gains and losses, using appropriate estimates where necessary;   Incurred claims, developed as a sum of, and with figures provided for, the following:   Dollar amount of claims closed with payment; plus   Reserves for reported claims at the end of the current year; minus   Reserves for reported claims at the end of the previous year; plus   Reserves for incurred but not reported claims at the end of the current year; minus   Reserves for incurred but not reported claims at the end of the previous year; plus   Reserves for loss adjustment expense at the end of the current year; minus   Reserves for loss adjustment expense at the end of the previous year;     Actual incurred expenses allocated separately to loss adjustment, commissions, other acquisition costs, general office expenses, taxes, licenses, fees, and all other expenses;   Net underwriting gain or loss; and   Net operation gain or loss, including net investment income.     Any reports provided under this Code section shall be made available to the public for inspection.     (Code 1981, §33-3-21.1, enacted by Ga. L. 1986, p. 896, § 1; Ga. L. 1987, p. 3, § 33; Ga. L. 2014, p. 128, § 1/HB 229.)
GA Code § 33-3-21.2 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 3 - Authorization and General Requirements for Transaction of Insurance|§ 33-3-21.2. Analysis of Adequacy of Loss and Loss Adjustment Expense Reserves When Reserves Outside Standard Range

  As used in this Code section, the term "qualified independent loss reserve specialist" means a person who is not an employee, principal, director, or indirect owner of the insurer and either is a member of the casualty actuarial society or possesses such other experience acceptable to the Commissioner to assure a professional opinion on the adequacy of the loss and loss adjustment expense reserves of the insurer.   Every property and casualty insurer required to file an annual report with the Commissioner which has not filed a statement of opinion relating to loss and loss adjustment expense reserves in connection with its last annual statement on file with the department shall engage, whenever the insurer's loss and loss adjustment expense reserves are outside the standard or average range as designated by the Commissioner and based upon reliable and credible current information, a qualified independent loss reserve specialist to analyze the adequacy of such reserves and file a report with the Commissioner on a date to be specified by the Commissioner.     (Code 1981, §33-3-21.2, enacted by Ga. L. 1989, p. 674, § 1.)   Law reviews.   - For note on 1989 enactment of this Code section, see 6 Ga. St. U.L. Rev. 261 (1989).
GA Code § 33-3-22 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 3 - Authorization and General Requirements for Transaction of Insurance|§ 33-3-22. Reports of Insurers Authorized to Transact Product Liability Insurance

 The Commissioner by rule and regulation may require each insurer providing product liability insurance in this state to provide reports of its affairs and operations regarding product liability insurance covering risks located in this state with such frequency and in such form as the Commissioner deems necessary.   (Code 1933, § 56-319.1, enacted by Ga. L. 1978, p. 2023, § 1; Ga. L. 1982, p. 3, § 33; Ga. L. 1985, p. 228, § 1.)   Cross references.   - Product liability actions generally, § 51-1-11.   Law reviews.   - For article surveying Georgia cases in the area of tort law from June 1, 1977 through May 1978, see 30 Mercer L. Rev. 215 (1978). For comment, "Solving The Products Liability Insurance Crisis: A Study of the Role of Economic Theory in the Legislative Reform Process," see 31 Mercer L. Rev. 755 (1980).   RESEARCH REFERENCES   Am. Jur. 2d.   - 43 Am. Jur. 2d, Insurance, § 35.   C.J.S.   - 46 C.J.S., Insurance, § 1420 et seq.   ALR.   - Clause excluding "products liability" from coverage of liability insurance policy, 54 A.L.R.2d 518; 58 A.L.R.3d 12.   Aviation: helicopter accidents, 35 A.L.R.3d 707.   Products liability insurance coverage as extending only to product-caused injury to person or other property, as distinguished from mere product failure, 91 A.L.R.3d 921.   Validity and construction of "sistership" clause of products liability insurance policy excepting from coverage cost of product recall or withdrawal of product from market, 32 A.L.R.4th 630.
GA Code § 33-3-24 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 3 - Authorization and General Requirements for Transaction of Insurance|§ 33-3-24. Transaction Restrictions on Institutions of Farm Credit System

  No institution included in the Farm Credit System as set forth and identified in 12 U.S.C.A., Section 2002 (Pub. Law 92-181, Sec. 1.2, Dec. 10, 1971, 85 Stat. 583), any subsidiary or affiliate of such institution doing business in this state, any officer or employee of any institution included in the Farm Credit System, or any subsidiary or affiliate of any institution may directly or indirectly be licensed to sell or solicit any type of insurance, except the following:   Credit life and accident and health in an amount appropriate to insure repayment of the loan;   Crop hail, hail, or wind damage to crops; or   Insurance against loss of any collateral securing a loan extended by an affiliate bank or association of the Farm Credit System for the full value of such collateral. The right to place collateral insurance, however, shall continue only so long as the underlying loan remains outstanding or until the expiration of the policy, but in no event longer than 12 months from the last day the loan was outstanding.     For purposes of this Code section, "collateral securing a loan" shall include only that property which is subject to the formal security interest granted in connection with the secured loan and duly filed and recorded in the county where the debtor resides; provided, however, "collateral securing a loan" shall not include any property acquired by the debtor after the date the underlying loan was made unless the secured party shall make an advance to the debtor or otherwise give new value which is to be secured in whole or in part by after-acquired property.   For the purposes of this Code section, institutions constituting the Farm Credit System shall include the federal land banks, the federal land bank associations, the federal intermediate credit banks, the production credit associations, the banks for cooperatives, and such other institutions as may be made part of the system, all of which are chartered by and subject to the supervision of the Farm Credit Administration; provided, however, that the types of insurance described in paragraphs (1), (2), and (3) of subsection (a) of this Code section may only be transacted, sold, or solicited for the purposes of protecting loans made for agricultural purposes to farmers by an institution of the Farm Credit System or any subsidiary or affiliate thereof doing business in this state.   Any person holding a license to sell or solicit insurance on April 8, 1977, and disqualified under the terms of subsection (a) of this Code section upon termination of his association as an employee or officer, or both, of any Farm Credit System institution or affiliate or subsidiary thereof shall have his license reissued upon request without the necessity of taking or passing any examination. Applications shall be made within 60 days from the date of termination of such employment.    (Code 1933, § 56-323, enacted by Ga. L. 1977, p. 1283, § 1; Ga. L. 1982, p. 3, § 33.)
GA Code § 33-3-25 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 3 - Authorization and General Requirements for Transaction of Insurance|§ 33-3-25. Language Simplification and Reading Ease Standards; Applicability of Code Section

  All homeowner's insurance policies, including tenant homeowner's insurance policies, personal automobile insurance policies, individual life or accident and sickness insurance policies, all certificates of group life or accident and sickness insurance coverage, and all coverage booklets provided by insurers to group life or accident and sickness insurance certificate holders which are issued, delivered, or issued for delivery in this state on or after July 1, 1988, shall be written in a simplified form, shall be divided into logically arranged, captioned sections, and shall contain readable language which complies with the standards prescribed in such rules and regulations as may be promulgated by the Commissioner after due notice and hearing.   In establishing the policy language simplification and reading ease standards for such policies, certificates, and coverage booklets, the Commissioner may utilize a minimum score of 40 on the "Flesch reading ease test" as the basic standard, or such other nationally recognized reading ease standards or tests as would produce comparable policy language simplification and readability results, and may also provide for exceptions thereto by appropriate rules and regulations.   This Code section shall apply to all insurers issuing the kinds of insurance policies described in subsection (a) of this Code section in this state, including all insurers, nonprofit corporations, or other organizations issuing policies or contracts of life or accident and sickness coverage under Chapter 15, 20, 21, 29, or 30 of this title.     (Code 1981, §33-3-25, enacted by Ga. L. 1982, p. 1244, § 1; Ga. L. 1983, p. 3, § 24; Ga. L. 1983, p. 473, § 1; Ga. L. 1984, p. 22, § 33; Ga. L. 1987, p. 1047, § 1; Ga. L. 1988, p. 13, § 33; Ga. L. 2019, p. 337, § 1-21/SB 132.)    The 2019 amendment,  effective July 1, 2019, deleted "of Insurance" following "Commissioner" near the end of subsection (a) and in subsection (b); in subsection (b), inserted a comma after "basic standard" and substituted "readability results, and may also provide" for "readability results and he may also provide"; and deleted "18, 19," following "Chapter 15," near the end of subsection (c).