reglab/statecodes huggingface dataset:
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-3 - REGULATIONS REGARDING AGENTS, SUBAGENTS, COUNSELORS, ADJUSTERS, SURPLUS LINES BROKERS, AND AGENCIES › Rule 120-2-3-.49 - Limited Credit Agency License

Current through Rules and Regulations filed through June 27, 2024
(1) Upon application to the Commissioner, a
				limited credit insurance agency license shall be issued provided that:
(a) Application is made on such form or forms
				as are prescribed by the Commissioner for this purpose, and shall include at
				least the following:
(i) A list of individual
				employees who will be selling, soliciting and/or negotiating insurance on
				behalf of the applicant in accordance with O.C.G.A. §
											33-23-12(b.1) who are not licensed
				as agents pursuant to Chapter 23 of Title 33. Such employees shall be
				considered registered with the Department for purposes of O.C.G.A. §
											33-23-12(b.1) and this Regulation.
				This list shall include any specific information as is required by the
				Commissioner including but not limited to the following for each employee:
1. Name;
2. Social security number;
3. Date of birth;
4. Certification that applicant has examined
				the character and fitness of each individual employee, including but not
				limited to performance of a background check, and is satisfied that such
				employee is of good character;
5.
				Certification, including an attached certificate of completion for each
				employee, that such employees have received the training required by O.C.G.A.
				§
												33-23-12(b.1); and
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-3 - REGULATIONS REGARDING AGENTS, SUBAGENTS, COUNSELORS, ADJUSTERS, SURPLUS LINES BROKERS, AND AGENCIES › Rule 120-2-3-.50 - Violations

Current through Rules and Regulations filed through June 27, 2024
Any violation of this Regulation shall be a violation of
				  Chapter 23 of Title 33 of the Official Code of Georgia
				  Annotated.
O.C.G.A.
				  §§
											33-2-9,
				  33-23-44.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-3 - REGULATIONS REGARDING AGENTS, SUBAGENTS, COUNSELORS, ADJUSTERS, SURPLUS LINES BROKERS, AND AGENCIES › Rule 120-2-3-.51 - Severability

Current through Rules and Regulations filed through June 27, 2024
If any provision of this Regulation chapter or the
				  application thereof to any person or circumstance is held invalid by a court of
				  competent jurisdiction, the remainder of the chapter or the applicability of
				  such provision to other persons or circumstances shall not be
				  affected.
O.C.G.A.
				  §§
											33-2-9,
				  33-23-44.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-4 - Repealed › Rule 120-2-4-.01 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, p. 289 at
				  pp. 305, 430 and 447, as amended.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-4 - Repealed › Rule 120-2-4-.02 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, p. 289 at
				  pp. 305, 430 and 447, as amended.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-4 - Repealed › Rule 120-2-4-.03 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, p. 289 at
				  pp. 305, 430 and 447, as amended; O.C.G.A. Sec.
				  33-2-9.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-4 - Repealed › Rule 120-2-4-.04 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Secs. 56-216, 56-803.
				  1a, 56-810a and 56-814b of the Ga. Insurance Code; Ga. L. 1960, p. 289, 305;
				  Ga. L. 1981, pp. 1789-1793; O.C.G.A. Secs.
				  33-2-9,
				  33-23-4(a)(2).
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-4 - Repealed › Rule 120-2-4-.05 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, p. 289 at
				  pp. 305, 430 and 447, as amended.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-4 - Repealed › Rule 120-2-4-.06 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, p. 289 at
				  pp. 305, 430 and 447, as amended.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-4 - Repealed › Rule 120-2-4-.07 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, p. 289 at
				  pp. 305, 430 and 447, as amended.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-4 - Repealed › Rule 120-2-4-.08 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, p. 289 at
				  pp. 305, 430 and 447, as amended.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-4 - Repealed › Rule 120-2-4-.09 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, p. 289 at
				  pp. 305, 430 and 447, as amended.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-4 - Repealed › Rule 120-2-4-.10 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, p. 289 at
				  pp. 305, 430 and 447, as amended.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-4 - Repealed › Rule 120-2-4-.11 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, p. 289 at
				  pp. 305, 430 and 447, as amended.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-4 - Repealed › Rule 120-2-4-.12 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, p. 289 at
				  pp. 305, 430 and 447, as amended.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-4 - Repealed › Rule 120-2-4-.13 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, p. 289 at
				  pp. 305, 430 and 447, as amended.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-4 - Repealed › Rule 120-2-4-.14 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, p. 289 at
				  pp. 305, 430 and 447, as amended.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-4 - Repealed › Rule 120-2-4-.16 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, p. 289 at
				  pp. 305, 430 and 447, as amended.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-4 - Repealed › Rule 120-2-4-.17 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, p. 289 at
				  pp. 305, 430 and 447, as amended.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-4 - Repealed › Rule 120-2-4-.18 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, p. 289 at
				  pp. 305, 430 and 447, as amended.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-4 - Repealed › Rule 120-2-4-.19 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, p. 289 at
				  pp. 305, 430 and 447, as amended.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-4 - Repealed › Rule 120-2-4-.20 - Repealed

Current through Rules and Regulations filed through June 27, 2024
O.C.G.A. Sec.
				  33-2-9.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-5 - VALUATION PROCEDURES AND INSTRUCTIONS FOR BONDS AND STOCKS › Rule 120-2-5-.01 - Establishing Values

Current through Rules and Regulations filed through June 27, 2024
(1) Each insurer reporting stocks and bonds
				as admitted assets in its annual statement shall be responsible for
				establishing a value for such securities. Except as otherwise provided by law,
				the procedures for establishing such values where applicable shall be as
				follows:
(a) Other than the nonadmissible
				exceptions listed in paragraph (2) of this Rule, values must comply with the
				rules for valuation contained in the National Association of Insurance
				Commissioner's valuation of Securities Task publication,
Valuation of
				Securities
, for the applicable year.
(b) Securities not listed in the National
				Association of Insurance Commissioner's Committee on Valuation of Securities
				publication
Valuation of Securities
shall have no value,
				unless, upon application to such Committee on Valuation of Securities and
				submission of all relevant material required by the committee, and such
				committee establishes a value for the securities.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-5 - VALUATION PROCEDURES AND INSTRUCTIONS FOR BONDS AND STOCKS › Rule 120-2-5-.02 through 120-2-5-.10 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-6 - PREMIUM TAX › Rule 120-2-6-.01 - Premium Tax Return for Insurance Companies

Current through Rules and Regulations filed through June 27, 2024
(1) On or before March 1 of each year, each
				insurer doing business in Georgia shall file an "Annual Premium Tax Return" on
				a form prescribed by the Commissioner, representing such insurer's insurance
				transactions necessary to complete such form.
(2) Premium tax return shall be accompanied
				by remittance. When necessary, companies should attach statement of
				reconciliation to the tax return for the purpose of reconciling the figures
				from the Annual Premium Tax Return with the "Business in the State of Georgia"
				page and "Schedule T" of the Association form of the annual statement. The
				statement of reconciliation shall be accompanied by a "Georgia Retaliatory Tax
				Computation" on a form prescribed by the Commissioner.
O.C.G.A. Secs.
				  33-2-9,
				  33-8-4 to
				  33-8-6.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-6 - PREMIUM TAX › Rule 120-2-6-.02 - Calculation for Abatement of Gross Premium Tax

Current through Rules and Regulations filed through June 27, 2024
On or before March 1 of each year, each insurer claiming
				  abatement of gross premium tax shall file with the Commissioner a calculation
				  for abatement of gross premium tax on a form prescribed by the
				  Commissioner.
O.C.G.A. Secs.
				  33-2-9,
				  33-8-4 to
				  33-8-6.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-6 - PREMIUM TAX › Rule 120-2-6-.03 - Claim for Retaliatory Tax Credit

Current through Rules and Regulations filed through June 27, 2024
On or before March 1 of each year, each domestic insurer
				  claiming retaliatory tax credit shall file a statement in support of claims for
				  retaliatory credit entitled "Statement in Support of Claim for Retaliatory Tax
				  Credits" on a form prescribed by the Commissioner.
O.C.G.A. Secs.
				  33-2-9,
				  33-8-4 to
				  33-8-7.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-6 - PREMIUM TAX › Rule 120-2-6-.04 - Form of filings

Current through Rules and Regulations filed through June 27, 2024
(1) Unless otherwise indicated, and to the
				extent provided, each filing required under this Regulation Chapter is to be
				made on forms or electronic format obtained from the Commissioner.
(2) Forms may be reproduced and the format of
				the forms may be altered to accommodate manual or automated processing provided
				the content is unchanged and the same information is presented in the same
				order as in the forms or electronic format obtained from the
				Commissioner.
(3) Any report filed
				electronically requiring a signature shall contain the electronic signature of
				the person filing the report, as defined in O.C.G.A. §
									10-12-3.
(4) The Commissioner may approve a method or
				methods of electronic filing.
O.C.G.A. Secs.
				  33-2-9,
				  33-8-4 to
				  33-8-6.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-6 - PREMIUM TAX › Rule 120-2-6-.05 - Severability

Current through Rules and Regulations filed through June 27, 2024
If any rule or portion thereof contained in this Chapter is
				  held invalid by a court of competent jurisdiction, the remainder of the rules
				  herein and the applicability of such provisions to other circumstances shall
				  not be affected thereby.
O.C.G.A. Secs.
				  33-2-9,
				  33-8-4 to
				  33-8-6.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-7 - REGULATIONS REGARDING PROXIES, CONSENTS AND AUTHORIZATIONS OF DOMESTIC STOCK INSURERS SUBAGENTS, COUNSELORS, ADJUSTERS, SURPLUS LINES BROKERS, AND AGENCIES › Rule 120-2-7-.01 - Application of Regulation

Current through Rules and Regulations filed through June 27, 2024
This regulation is applicable to each domestic stock insurer
				  which has any class of equity security held of record by one hundred or more
				  persons; provided, however, that this regulation shall not apply to an insurer
				  if ninety-five percent or more of its equity securities are owned or controlled
				  by a parent or an affiliated insurer and the remaining securities are held of
				  record by less than five hundred persons. A domestic stock insurer which files
				  with the Securities and Exchange Commission forms of proxies, consents and
				  authorizations complying with the requirements of the Securities Exchange Act
				  of 1934, as amended, and the applicable regulations promulgated thereunder,
				  shall be exempt from the provisions of this regulation with respect to any
				  class of securities subject to SEC jurisdiction.
O.C.G.A. Sec.
				  33-2-9, Ch.
				  33-14.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-7 - REGULATIONS REGARDING PROXIES, CONSENTS AND AUTHORIZATIONS OF DOMESTIC STOCK INSURERS SUBAGENTS, COUNSELORS, ADJUSTERS, SURPLUS LINES BROKERS, AND AGENCIES › Rule 120-2-7-.02 - Proxies, Consents and Authorizations

Current through Rules and Regulations filed through June 27, 2024
No domestic stock insurer, or any director, officer or
				  employee of such insurer subject to Rule
				  120-2-7-.01 hereof, or any other
				  person, shall solicit, or permit the use of his name to solicit, by mail or
				  otherwise, any proxy, consent or authorization in respect of any class of
				  equity security of such insurer held of record by one hundred or more persons
				  in contravention of this regulation.
O.C.G.A. Sec.
				  33-2-9, Ch.
				  33-14.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-7 - REGULATIONS REGARDING PROXIES, CONSENTS AND AUTHORIZATIONS OF DOMESTIC STOCK INSURERS SUBAGENTS, COUNSELORS, ADJUSTERS, SURPLUS LINES BROKERS, AND AGENCIES › Rule 120-2-7-.03 - Disclosure of Equivalent Information

Current through Rules and Regulations filed through June 27, 2024
Unless proxies, consents or authorizations in respect of any
				  class of equity security of a domestic insurer subject to Rule
				  120-2-7-.01 hereof are solicited by
				  or on behalf of the management of such insurer from the holders of record of
				  such security in accordance with this regulation prior to any annual or other
				  meeting of such securityholders, such insurer shall, in accordance with this
				  regulation and/or such further regulations as the Commissioner may adopt, file
				  with the Commissioner and transmit to all securityholders of record information
				  substantially equivalent to the information which would be required to be
				  transmitted if a solicitation were made. Such insurer shall transmit a written
				  information statement containing the information specified in subsection (4) of
				  Rule 120-2-7-.05 to
				  every securityholder who is entitled to vote in regard to any matter to be
				  acted upon at the meeting and from whom a proxy is not solicited on behalf of
				  the management of insurer provided, that in the case of a class of securities
				  in unregistered or bearer form such statement need be transmitted only to those
				  securityholders whose names and addresses are known to the
				  insurer.
O.C.G.A. Sec.
				  33-2-9, Ch.
				  33-14.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-7 - REGULATIONS REGARDING PROXIES, CONSENTS AND AUTHORIZATIONS OF DOMESTIC STOCK INSURERS SUBAGENTS, COUNSELORS, ADJUSTERS, SURPLUS LINES BROKERS, AND AGENCIES › Rule 120-2-7-.04 - Definitions

Current through Rules and Regulations filed through June 27, 2024
(1) The definitions
				and instructions set out in "Stockholder Information Supplement to Annual
				Statement" as promulgated by the Commissioner, shall be applicable for purposes
				of this regulation.
(2) The terms
				"solicit" and "solicitation" for purposes of this regulation shall include:
(a) Any request for a proxy, whether or not
				accompanied by or included in a form of proxy; or
(b) Any request to execute or note to execute
				or to revoke, a proxy; or
(c) The
				furnishing of a proxy or other communication to securityholders under
				circumstances reasonably calculated to result in the procurement, withholding
				or revocation of a proxy.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-7 - REGULATIONS REGARDING PROXIES, CONSENTS AND AUTHORIZATIONS OF DOMESTIC STOCK INSURERS SUBAGENTS, COUNSELORS, ADJUSTERS, SURPLUS LINES BROKERS, AND AGENCIES › Rule 120-2-7-.05 - Information to be Furnished to Security Holders

Current through Rules and Regulations filed through June 27, 2024
(1) No solicitation subject to this
				regulation shall be made unless each person solicited is concurrently furnished
				or has previously been furnished with a written proxy statement containing the
				information specified in Rule
				120-2-7-.12 hereof.
(2) If the solicitation is made on behalf of
				the management of the insurer and relates to an annual meeting of
				securityholders at which directors are to be elected, each proxy statement
				furnished pursuant to (1) hereof shall be accompanied or preceded by an annual
				report (in preliminary or final form) to such securityholders containing such
				financial statements for the last fiscal year as are referred to in
				"Stockholder Information Supplement to Annual Statement" under the heading
				"Financial Reporting to Stockholders." Subject to the foregoing requirements
				with respect to financial statements, the annual report to securityholders may
				be in any form deemed suitable by the management.
(3) Two copies of each report sent to the
				securityholders pursuant to this section shall be mailed to the Commissioner,
				not later than the date on which such report is first sent or given to
				securityholders or the date on which preliminary copies of solicitation
				material are filed with the Commissioner pursuant to Rule
				120-2-7-.07(1),
				whichever date is later.
(4) If no
				solicitation is being made by management of the insurer with respect to any
				annual or other meeting, such insurer shall mail to every securityholder of
				record at least twenty days prior to the meeting date, an information statement
				as required by Rule
				120-2-7-.03, which would be
				applicable to any matter to be acted upon at the meeting if proxies were to be
				solicited in connection with the meeting. If such information statement relates
				to an annual meeting at which directors are to be elected, it shall be
				accompanied by an annual report to such securityholders in the form provided in
				subsection (2) hereof.
O.C.G.A. Sec.
				  33-2-9, Ch.
				  33-14.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-7 - REGULATIONS REGARDING PROXIES, CONSENTS AND AUTHORIZATIONS OF DOMESTIC STOCK INSURERS SUBAGENTS, COUNSELORS, ADJUSTERS, SURPLUS LINES BROKERS, AND AGENCIES › Rule 120-2-7-.06 - Requirements as to Proxy

Current through Rules and Regulations filed through June 27, 2024
(1) The form of proxy:
(a) shall indicate in bold-face type whether
				or not the proxy is solicited on behalf of the management,
(b) shall provide a specifically designated
				blank space for dating the proxy and
(c) shall identify clearly and impartially
				each matter or group of related matters intended to be acted upon, whether
				proposed by the management, or securityholders. No reference need be made to
				proposals as to which discretionary authority is conferred pursuant to
				subsection (3) hereof.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-7 - REGULATIONS REGARDING PROXIES, CONSENTS AND AUTHORIZATIONS OF DOMESTIC STOCK INSURERS SUBAGENTS, COUNSELORS, ADJUSTERS, SURPLUS LINES BROKERS, AND AGENCIES › Rule 120-2-7-.07 - Material Required to be Filed

Current through Rules and Regulations filed through June 27, 2024
(1) Two preliminary copies of the information
				statement or proxy statement and form of proxy and any other soliciting
				material to be furnished to the securityholders concurrently therewith shall be
				filed with the Commissioner at least ten days prior to the date definitive
				copies of such material are first sent or given to securityholders, or such
				shorter period prior to that date as the Commissioner may authorize upon a
				showing of good cause therefor.
(2)
				Two preliminary copies of any additional soliciting material relating to the
				same meeting or subject matter to be furnished to securityholders subsequent to
				the proxy statements shall be filed with the Commissioner at least two days
				(exclusive of Saturdays, Sundays or holidays) prior to the date copies of this
				material are first sent or given to securityholders or a shorter period prior
				to such date as the Commissioner may authorize upon a showing of good cause
				therefor.
(3) Two definitive copies
				of the information statement or proxy statement, form of proxy and all other
				soliciting material, in the form in which this material is furnished to
				securityholders, shall be filed with or mailed for filing to the Commissioner
				not later than the date such material is first sent or given to the
				securityholders.
(4) Where any
				information statement or proxy statement, form of proxy or other material filed
				pursuant to these rules is amended or revised, two of the copies shall be
				marked to clearly show such changes.
(5) Copies of replies to inquiries from
				securityholders requesting further information and copies of communications
				which do no more than request that forms of proxy theretofore solicited be
				signed and returned need not be filed pursuant to this section.
(6) Notwithstanding the provisions of
				subsections (1) and (2) hereof and of
				120-2-7-.11(5),
				copies of soliciting material in the form of speeches, press releases and radio
				or television scripts may, but need not, be filed with the Commissioner prior
				to use or publication. Definitive copies, however, shall be filed with or
				mailed for filing to the Commissioner as required by subsection (3) hereof not
				later than the date such material is used or published. The provisions of
				subsections (1) and (2) hereof and Rule
				120-2-7-.11(5)
				shall apply, however, to any reprints or reproductions of all or any part of
				such material.
O.C.G.A. Sec.
				  33-2-9, Ch.
				  33-14.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-7 - REGULATIONS REGARDING PROXIES, CONSENTS AND AUTHORIZATIONS OF DOMESTIC STOCK INSURERS SUBAGENTS, COUNSELORS, ADJUSTERS, SURPLUS LINES BROKERS, AND AGENCIES › Rule 120-2-7-.08 - Proposals of Securityholders. (Reserved)

Current through Rules and Regulations filed through June 27, 2024
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-7 - REGULATIONS REGARDING PROXIES, CONSENTS AND AUTHORIZATIONS OF DOMESTIC STOCK INSURERS SUBAGENTS, COUNSELORS, ADJUSTERS, SURPLUS LINES BROKERS, AND AGENCIES › Rule 120-2-7-.09 - False or Misleading Statements

Current through Rules and Regulations filed through June 27, 2024
No proxy statement, form of proxy, notice of meeting,
				  information statement, or other communication, written or oral, subject to this
				  regulation, shall contain any statement which at the time and in the light of
				  the circumstances under which it is made, is false or misleading with respect
				  to any material fact, or which omits to state any material fact necessary in
				  order to make the statements therein not false or misleading or necessary to
				  correct any statement in any earlier communication with respect to the same
				  meeting or subject matter which has become false or
				  misleading.
O.C.G.A. Sec.
				  33-2-9, Ch.
				  33-14.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-7 - REGULATIONS REGARDING PROXIES, CONSENTS AND AUTHORIZATIONS OF DOMESTIC STOCK INSURERS SUBAGENTS, COUNSELORS, ADJUSTERS, SURPLUS LINES BROKERS, AND AGENCIES › Rule 120-2-7-.10 - Prohibition of Certain Solicitations

Current through Rules and Regulations filed through June 27, 2024
No person making a solicitation which is subject to this
				  regulation shall solicit any undated or postdated proxy or any proxy which
				  provides that it shall be deemed to be dated as of any date subsequent to the
				  date on which it is signed by the securityholder.
Ga. L. 1960, pp. 289,
				  305, 1965, pp. 378 to 380.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-7 - REGULATIONS REGARDING PROXIES, CONSENTS AND AUTHORIZATIONS OF DOMESTIC STOCK INSURERS SUBAGENTS, COUNSELORS, ADJUSTERS, SURPLUS LINES BROKERS, AND AGENCIES › Rule 120-2-7-.11 - Special Provisions Applicable to Election Contests

Current through Rules and Regulations filed through June 27, 2024
(1) Applicability.
				This section shall apply to any solicitation subject to this regulation by any
				person or group for the purpose of opposing a solicitation subject to this
				regulation by any other person or group with respect to the election or removal
				of directors at any annual or special meeting of securityholders.
(2) "Participant" or "Participant in a
				Solicitation."
(a) For purposes of this
				section the terms "participant" and "participant in a solicitation" include:
1. the insurer;
2. any director of the insurer, and any
				nominee for whose election as a director proxies are solicited;
3. any other person, acting alone or with one
				or more other person, committee or groups, in organizing, directing or
				financing the solicitation.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-7 - REGULATIONS REGARDING PROXIES, CONSENTS AND AUTHORIZATIONS OF DOMESTIC STOCK INSURERS SUBAGENTS, COUNSELORS, ADJUSTERS, SURPLUS LINES BROKERS, AND AGENCIES › Rule 120-2-7-.12 - Information Required in Proxy Statement

Current through Rules and Regulations filed through June 27, 2024
(1) Revocability of Proxy. State whether or
				not a person giving the proxy has the power to revoke it. If the right of
				revocation before the proxy is exercised is limited or is subject to compliance
				with any formal procedure, briefly describe such limitation or
				procedure.
(2) Dissenters' Rights
				of Appraisal. Outline briefly the rights of appraisal or similar rights of
				dissenting securityholders with respect to any matter to be acted upon and
				indicate any statutory procedure required to be followed by such
				securityholders in order to perfect their rights. Where such rights may be
				exercised only within a limited time after the date of the adoption of a
				proposal, the filing of a charter amendment, or other similar act, state
				whether the person solicited will be notified of such date.
(3) Persons Making Solicitations Not Subject
				to Rule 120-2-7-.11.
(a) If the solicitation is made by the
				management of the insurer, so state. Give the name of any director of the
				insurer who has informed the management in writing that he intends to oppose
				any action intended to be taken by the management and indicate the action which
				he intends to oppose.
(b) If the
				solicitation is made otherwise than by the management of the insurer, state the
				names and addresses of the persons by whom and on whose behalf it is made and
				the names and addresses of the persons by whom the cost of solicitation has
				been or will be borne, directly or indirectly.
(c) If the solicitation is to be made by
				specially engaged employees or paid solicitors, state
1. the material features of any contract or
				arrangement for such solicitation and identify the parties, and
2. the cost or anticipated cost
				thereof.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-7 - REGULATIONS REGARDING PROXIES, CONSENTS AND AUTHORIZATIONS OF DOMESTIC STOCK INSURERS SUBAGENTS, COUNSELORS, ADJUSTERS, SURPLUS LINES BROKERS, AND AGENCIES › Rule 120-2-7-.13 - Information to be Included in Statements Filed by or on Behalf of a Participant (Other Than the Insurer) in a Proxy Solicitation in an Election Contest

Current through Rules and Regulations filed through June 27, 2024
(1) Insurer. State
				the name and address of the insurer.
(2) Identity and Background.
(a) state the following:
1. participant's name and business
				address.
2. participant's present
				principal occupation or employment and the name, principal business and address
				of any corporation or other organization in which such employment is carried
				on.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-8 - MEDICARE SUPPLEMENT INSURANCE › Rule 120-2-8-.01 - Purpose

Current through Rules and Regulations filed through June 27, 2024
The purpose of this regulation is to provide for the
				  reasonable standardization of coverage and simplification of terms and benefits
				  of Medicare supplement policies; to facilitate public understanding and
				  comparison of such policies; to eliminate provisions contained in such policies
				  that may be misleading or confusing in connection with the purchase of such
				  policies or with the settlement of claims; and to provide for full disclosures
				  in the sale of accident and sickness insurance coverages to persons eligible
				  for Medicare.
O.C.G.A. Secs.
				  33-2-9,
				  33-43-3 to
				  33-43-6.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-8 - MEDICARE SUPPLEMENT INSURANCE › Rule 120-2-8-.02 - Authority

Current through Rules and Regulations filed through June 27, 2024
This regulation is issued pursuant to the authority vested in
				  the Commissioner under Chapter 2 of Title 33 and O.C.G.A. Sections
				  33-43-3,
				  33-43-4 and
				  33-43-5.
O.C.G.A. Secs.
				  33-2-9,
				  33-43-3 to
				  33-43-6.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-8 - MEDICARE SUPPLEMENT INSURANCE › Rule 120-2-8-.03 - Applicability and Scope

Current through Rules and Regulations filed through June 27, 2024
(1) Except as otherwise specifically provided
				in Sections
				120-2-8-.07,
				120-2-8-.13,
				120-2-8-.14,
				120-2-8-.17 and
				120-2-8-.22, this regulation shall
				apply to:
(a) All Medicare supplement
				policies delivered or issued for delivery in this state on or after the
				effective date of this regulation; and
(b) All certificates issued under group
				Medicare supplement policies which certificates have been delivered or issued
				for delivery in this state.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-8 - MEDICARE SUPPLEMENT INSURANCE › Rule 120-2-8-.04 - Definitions

Current through Rules and Regulations filed through June 27, 2024
(1) "Applicant"
				means:
(a) In the case of an individual
				Medicare supplement policy, the person who seeks to contract for insurance
				benefits, and
(b) In the case of a
				group Medicare supplement policy, the proposed certificateholder.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-8 - MEDICARE SUPPLEMENT INSURANCE › Rule 120-2-8-.05 - Policy Definitions and Terms

Current through Rules and Regulations filed through June 27, 2024
No policy or certificate may be advertised, solicited or
				  issued for delivery in this State as a Medicare supplement policy or
				  certificate unless the policy or certificate contains definitions or terms that
				  conform to the requirements of this section.
(1) "Accident," "accidental injury," or
				"accidental means" shall be defined to employ "result" language and shall not
				include words that establish an accidental means test or use words such as
				"external, violent, visible wounds" or similar words of description or
				characterization.
(a) The definition shall not
				be more restrictive than the following: "Injury or injuries for which benefits
				are provided means accidental bodily injury sustained by the insured person
				that is the direct result of an accident, independent of disease or bodily
				infirmity or any other cause, and occurs while insurance coverage is in
				force."
(b) The definition may
				provide that injuries shall not include injuries for which benefits are
				provided or available under any workers' compensation, employer's liability or
				similar law, or motor vehicle no-fault plan, unless prohibited by
				law.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-8 - MEDICARE SUPPLEMENT INSURANCE › Rule 120-2-8-.06 - Policy Provisions

Current through Rules and Regulations filed through June 27, 2024
(1) Except for permitted preexisting
				condition clauses as described in Sections
				120-2-8-.07(a)1.
				120 -2-8-.08(1)(a), and Section
				120-2-8-.08(5)(a)
				1. of this regulation, no policy or
				certificate may be advertised, solicited or issued for delivery in this state
				as a Medicare supplement policy if the policy or certificate contains
				limitations or exclusions on coverage that are more restrictive than those of
				Medicare.
(2) No Medicare
				supplement policy or certificate may use waivers to exclude, limit or reduce
				coverage or benefits for specifically named or described preexisting diseases
				or physical conditions.
(3) No
				Medicare supplement policy or certificate in force in the state shall contain
				benefits that duplicate benefits provided by Medicare.
(4)
(a)
				Subject to Sections
				120-2-8-.07(1)(d), (e) and
				(g), and
				120-2-8-.08(1)(d) and
				(e) of this regulation a Medicare supplement
				policy with benefits for outpatient prescription drugs in existence prior to
				January 1, 2006 shall be renewed for current policyholders who do not enroll in
				Part D at the option of the policyholder.
(b) A Medicare supplement policy with
				benefits for outpatient prescription drugs shall not be issued after December
				31, 2005.
(c) After December 31,
				2005, a Medicare supplement policy with benefits for outpatient prescription
				drugs may not be renewed after the policyholder enrolls in Medicare Part D
				unless:
1. The policy is modified to eliminate
				outpatient prescription coverage for expenses of outpatient prescription drugs
				incurred after the effective date of the individual's coverage under a Part D
				plan and;
2. Premiums are adjusted
				to reflect the elimination of outpatient prescription drug coverage at the time
				of Medicare Part D enrollment, accounting for any claims paid, if
				applicable.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-8 - MEDICARE SUPPLEMENT INSURANCE › Rule 120-2-8-.09.1 - Standard Medicare Supplement Benefit Plans for 2020 Standardized Medicare Supplement Benefit Plan Policies or Certificates Issued for Delivery to Individuals Newly Eligible for Medicare on or After January 1, 2020

Current through Rules and Regulations filed through June 27, 2024
The Medicare Access and CHIP Reauthorization Act of 2015
				  (MACRA) requires that the following standards are applicable to all Medicare
				  supplement policies or certificates delivered or issued for delivery in this
				  state to individuals newly eligible for Medicare on or after January 1, 2020.
				  No policy or certificate that provides coverage of the Medicare Part B
				  deductible may be advertised, solicited, delivered or issued for delivery in
				  this state as a Medicare supplement policy or certificate to individuals newly
				  eligible for Medicare on or after January 1, 2020. All policies must comply
				  with the following benefit standards. Benefit plan standards applicable to
				  Medicare supplement policies and certificates issued to individuals eligible
				  for Medicare before January 1, 2020, remain subject to the requirements of
				  Rules 120-2-8-.07,
				  120-2-8-.08, and
				  120-2-8-.09.
1.Benefit Requirements. The standards and
				requirements of Rule
				120-2-8-.09 shall apply to all
				Medicare supplement policies or certificates delivered or issued for delivery
				to individuals newly eligible for Medicare on or after January 1, 2020, with
				the following exceptions:
a.Standardized
				Medicare supplement benefit Plan C is redesignated as Plan D and shall provide
				the benefits contained in Rule
				120-2-8-.09(8)(e)
				but shall not provide coverage for one hundred percent (100%) or any portion of
				the Medicare Part B deductible.
b.Standardized Medicare supplement benefit
				Plan F is redesignated as Plan G and shall provide the benefits contained in
				Rule 120-2-8-.09(8)(e)
				but shall not provide coverage for one hundred percent (100%) or any portion of
				the Medicare Part B deductible.
c.Standardized Medicare supplement benefit
				plans C, F, and F with High Deductible may not be offered to individuals newly
				eligible for Medicare on or after January 1, 2020.
d.Standardized Medicare supplement benefit
				Plan F With High Deductible is redesignated as Plan G With High Deductible and
				shall provide the benefits contained in Rule
				120-2-8-.09(8)(e)
				but shall not provide coverage for one hundred percent (100%) or any portion of
				the Medicare Part B deductible; provided further that, the Medicare Part B
				deductible paid by the beneficiary shall be considered an out-of-pocket expense
				in meeting the annual high deductible.
Compilation of Rules and Regulations of the State of Georgia › Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER › Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE › Subject 120-2-8 - MEDICARE SUPPLEMENT INSURANCE › Rule 120-2-8-.10 - Medicare Select Policies and Certificates

Current through Rules and Regulations filed through June 27, 2024
(1)
(a)
				This section shall apply to Medicare Select policies and certificates as
				defined in this section.
(b) No
				policy or certificate may be advertised as a Medicare Select policy or
				certificate unless it meets the requirements of this section.