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 120-2-11 - ADVERTISING OF LIFE INSURANCE AND ANNUITY CONTRACTS › Rule 120-2-11-.08 - Jurisdictional Licensing and Status of Insurer

Current through Rules and Regulations filed through June 27, 2024
(1) An advertisement which is intended or not
				intended to be seen or heard beyond the limits of the jurisdiction in which the
				insurer is licensed shall not imply licensing beyond such limits.
(2) An advertisement may state that an
				insurer is licensed in the state which the advertisement appears, provided it
				does not exaggerate such fact or suggest or imply that competing insurers may
				not be so licensed.
(3) An
				advertisement shall not create the impression that the insurer, its financial
				condition or status, the payment of its claims, or the merits, desirability, or
				advisability of its policy forms or kinds of plans of insurance are recommended
				or endorsed by any governmental entity. However, where a governmental entity
				has recommended or endorsed a policy form or plan, such fact may be stated if
				the entity authorizes its recommendation or endorsement to be used in such an
				advertisement.
Ga. L. 1960, pp. 289,
				  305, 394, 395.
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 120-2-11 - ADVERTISING OF LIFE INSURANCE AND ANNUITY CONTRACTS › Rule 120-2-11-.09 - Statements About the Insurer

Current through Rules and Regulations filed through June 27, 2024
An advertisement shall not contain statements, pictures,
				  comparative financial ratios, or illustrations which are false or misleading,
				  in fact or by implication, with respect to the assets, liabilities, insurance
				  in force, corporate structure, financial condition, age or relative position of
				  the insurer in the insurance business. An advertisement shall not contain a
				  recommendation by any commercial rating system unless it clearly defines the
				  scope and extent of such recommendation.
Ga. L. 1960, pp. 289,
				  305, 394, 395.
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 120-2-11 - ADVERTISING OF LIFE INSURANCE AND ANNUITY CONTRACTS › Rule 120-2-11-.11 - Enforcement Procedures

Current through Rules and Regulations filed through June 27, 2024
(1) Each insurer shall maintain at its home
				or principal office a complete file containing a specimen copy of every
				printed, published, or prepared advertisement of its individual policies and
				specimen copies of typical printed, published, or prepared advertisements of
				its blanket, franchise, and group policies, hereafter disseminated in this
				State, with a notation indicating the manner and extent of distribution and the
				form number of any policy advertised. Such file shall be subject to inspection
				by the Georgia Insurance Department. All such advertisements shall be
				maintained in said file for a period of either four years or until the filing
				of the next regular report on the examination of the insurer, whichever is the
				longer period of time.
(2) Each
				insurer subject to the provisions of these rules shall file with this
				Department with its Annual Statement a certificate of compliance executed by an
				authorized officer of the insurer wherein it is stated that to the best of his
				knowledge, information, and belief the advertisements which were disseminated
				by or on behalf of the insurer in this State during the preceding statement
				year, or during the portion of such year when these rules were in effect,
				complied or were made to comply in all respects with the provisions of these
				rules and the insurance laws of Georgia as implemented and interpreted by these
				rules.
Ga. L. 1960, pp. 289,
				  305, 394, 395.
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 120-2-11 - ADVERTISING OF LIFE INSURANCE AND ANNUITY CONTRACTS › Rule 120-2-11-.12 - Conflict with Other Rules

Current through Rules and Regulations filed through June 27, 2024
It is not intended that these rules conflict with or
				  supersede any rules currently in force or subsequently adopted in this State
				  governing specific aspects of the sale or replacement of life insurance
				  including, but not limited to, rules dealing with life insurance cost
				  comparison indices, deceptive practices in the sale of life insurance, and
				  replacement of life insurance policies. Consequently, no disclosure required
				  under any such rules shall be deemed to be an advertisement within the meaning
				  of these rules.
Ga. L. 1960, pp. 289,
				  305, 394, 395.
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 120-2-11 - ADVERTISING OF LIFE INSURANCE AND ANNUITY CONTRACTS › Rule 120-2-11-.13 - Severability Provision

Current through Rules and Regulations filed through June 27, 2024
If any Section or portion of a Section of this Regulation or
				  the applicability thereof to any person or circumstances is held invalid by a
				  court of competent jurisdiction, the remainder of the rules or the
				  applicability of such provision to other persons or circumstances, shall not be
				  affected thereby.
Ga. L. 1960, pp. 289,
				  305, 394, 395.
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 120-2-11 - ADVERTISING OF LIFE INSURANCE AND ANNUITY CONTRACTS › Rule 120-2-11-.14 - Penalties

Current through Rules and Regulations filed through June 27, 2024
Any insurer, or agent, counselor, representative, officer or
				  employee of such insurer, failing to comply with the requirements of this
				  Regulation shall be subject to such penalties as may be appropriate under the
				  Insurance Laws of this State.
Ga. L. 1960, pp. 289,
				  305, 394, 395.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.01 - Statutory Authority

Current through Rules and Regulations filed through June 27, 2024
This Regulation is made and promulgated by the undersigned
				  Insurance Commissioner pursuant to the authority set forth in Section
				  33-2-9 of the Insurance Laws of
				  this State, and especially Chapter 33-6 of the Georgia Insurance
				  Code.
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.02 - Purpose

Current through Rules and Regulations filed through June 27, 2024
The purpose of this Regulation is:
1. To implement the Insurance Laws of the
				State of Georgia with respect to advertising and sale of Accident and Sickness
				Insurance in this State, as defined in Section
				33-7-2 of the Georgia Insurance
				Laws, and included in Section
				33-7-3.
2. To protect the interests of the Accident
				and Sickness Insurance Public of this State by:
(a) The establishment of minimum standards of
				conduct to be observed by advertisers and sellers of Accident and Sickness
				Insurance;
(b) Requiring truthful,
				complete, clear and accurate disclosure of all material and relevant
				information in the advertising and sale of accident and sickness insurance so
				that members of the insurance public can adequately make a decision in their
				own best interest.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.03 - Applicability

Current through Rules and Regulations filed through June 27, 2024
These Rules shall apply to any accident and sickness
				  insurance "advertisement" as that term is hereinafter defined, intended for
				  presentation, distribution or dissemination in this State when such
				  presentation, distribution or dissemination is made either directly or
				  indirectly by or on behalf of an insurer, agent, broker, or solicitor as those
				  terms are defined in the Insurance Code of this State and these
				  Rules.
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.04 - Definitions

Current through Rules and Regulations filed through June 27, 2024
1.
Advertisement,
for the purpose of these Rules, shall include:
(a) Printed and published material, audio
				visual material, and descriptive literature of an insurer used in direct mail,
				newspapers, magazines, radio scripts, TV scripts, billboards and similar
				displays; and
(b) descriptive
				literature and sales aids of all kinds issued by an insurer, agent, solicitor
				or broker for presentation to members of the insurance buying public, including
				but not limited to, circulars, leaflets, booklets, depictions, illustrations,
				and form letters; and
(c) prepared
				sales talks, presentations, and material for use by insurers, agents, brokers
				and solicitors.
Advertisements of insurers for the sole purpose of obtaining
				  employees, agents, agencies or brokers are among those not to be considered
				  within the definition of an advertisement.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.07 - Exceptions, Reductions and Limitations

Current through Rules and Regulations filed through June 27, 2024
1. Exceptions, reductions and limitations
				shall be prominently and conspicuously displayed in the same style type and in
				a type size equal to, or larger than, that used to describe the benefits.
				Furthermore, a multi-color scheme shall not be used in such a manner as to
				render such terms obscure.
2. Any
				advertisement which refers to either a dollar amount, or a period of time for
				which any benefit is payable, or the cost of the policy, or specific policy
				benefit, or the loss for which such benefit is payable, shall also disclose
				those exceptions, reductions and limitations affecting the basic provisions of
				the policy without which the advertisement would have the capacity or tendency
				to mislead or deceive.
3. When a
				policy contains a waiting, elimination, probationary or similar time period
				between the effective date of the policy and the effective date of coverage
				under the policy or a time period between the date a loss occurs and the date
				benefits begin to accrue for such loss, an advertisement which is subject to
				the requirements of the preceding paragraph shall clearly, prominently and
				conspicuously disclose the existence of such periods.
4. An advertisement shall not use the words
				"only;" "just;" "merely;" "minimum;" or similar words or phrases to describe
				the applicability of any exceptions and reductions, such as: "This policy is
				subject to the following minimum exceptions and reductions."
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.08 - Pre-existing Conditions

Current through Rules and Regulations filed through June 27, 2024
1. An advertisement which is subject to the
				requirements of these Rules shall, in negative terms, clearly, prominently and
				conspicuously disclose the extent to which any loss is not covered if the cause
				of such loss is traceable to a physical condition, injury or disease existing
				before issuance of the policy. If the term "pre-existing condition," or similar
				words or phrases are used in an advertisement, they must be accompanied by an
				appropriate definition or description which states exactly what conditions are
				included as "pre-existing conditions" for the purposes of the policy.
2. When a policy does not cover losses
				resulting from preexisting conditions, no advertisement of the policy shall
				state or imply that the applicant's physical condition or medical history will
				not affect the issuance of the policy or payment of a claim thereunder. This
				rule prohibits the use of the phrase "no medical examination required," and
				phrases of similar import, but does not prohibit explaining "automatic
				issue."
3. If an insurer requires a
				medical examination for a specified policy, the advertisement shall prominently
				disclose that a medical examination is required.
4. In the event any advertisement contains an
				application form to be completed by the applicant and returned by mail for a
				direct response insurance product, such application form shall contain a
				question which reflects the pre-existing condition provisions of the policy,
				immediately preceding the blank space for the applicant's signature. For
				example, such an application form must contain a question identical to or
				substantially similar to the following: "Do you understand that this policy
				will not pay benefits during the first _______________ year(s) after the issue
				date for a disease or physical condition which you now have, or have had in the
				past?
[] I do understand [] I do not understand."
No policy shall be issued unless the question is answered
				  affirmatively.
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.09 - Necessity for Disclosure of Policy Provisions Relating to Renewability, Cancellability and Termination

Current through Rules and Regulations filed through June 27, 2024
1. Any advertisement of a policy or plan of
				benefits contained therein must not imply that the policy or plan is guaranteed
				renewable at the discretion of the insured unless the renewability of such
				policy or plan of benefits is, in fact, guaranteed.
2. Any advertisement which refers to:
(a) dollar amounts,
(b) periods of time for which any benefit is
				payable,
(c) costs of the
				policy,
(d) specific policy
				benefits,
(e) loss or losses for
				which benefits are payable,
(f)
				time or age limitations,
(g) or any
				other limiting or qualifying conditions in connection with eligibility of
				applicants or continuation of the policy, renewability, cancellability or
				termination, shall clearly, prominently and conspicuously disclose said
				provisions and any modification, cancellation or termination of benefits, of
				losses covered, or of premiums, which may occur (because of age or for other
				reasons), in a manner which shall not minimize or render obscure the qualifying
				conditions.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.11 - Use of Statistics

Current through Rules and Regulations filed through June 27, 2024
1. Any advertisement relating to the dollar
				amounts of claims paid, the number of persons insured, or similar statistical
				information relating to any insurer or policy, must not contain irrelevant
				facts and must not be used unless it accurately reflects all of the relevant
				facts. Furthermore, such advertisements must not contain irrelevant facts; nor
				shall it imply that statistics used therein are derived from the policy
				advertised unless such is the fact. When statistics used in an advertisement
				are applicable to other policies or plans, it shall specifically be so
				stated.
2. An advertisement shall
				not represent or imply that claim settlements by the insurer are "liberal" or
				"generous," or use words of similar import; or that claim settlements are or
				will be beyond the actual terms of the contract.
3. An unusual amount paid for a unique claim
				for the policy advertised is misleading and shall not be used.
4. The source of any statistics used in an
				advertisement must be clearly, prominently and conspicuously identified in the
				advertisement.
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.12 - Identification of Plan or Number of Policies

Current through Rules and Regulations filed through June 27, 2024
1. When a choice of the amount of benefits is
				referred to, an advertisement shall disclose that the amount of benefits
				provided depends upon the plan selected and that the premium will vary with the
				amount of the benefits selected.
2.
				An advertisement listing the benefits of two or more policies different in
				their content should identify each policy with the benefits which it offers.
				Group Master Policies are not included for the purposes of this Rule. In such
				cases, the advertisement shall disclose that these benefits are provided only
				through a combination of policies.
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.13 - Disparaging Comparisons and Statements

Current through Rules and Regulations filed through June 27, 2024
An advertisement shall not directly or indirectly make unfair
				  or incomplete comparisons of policies or benefits, or comparisons of
				  non-comparable policies of other insurers, and shall not disparage competitors,
				  their policies, services, or business methods, and shall not disparage or
				  unfairly criticize competing methods of marketing insurance.
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.14 - Jurisdictional Licensing and Status of Insurer

Current through Rules and Regulations filed through June 27, 2024
1. An advertisement which is intended to be
				seen or heard beyond the limits of the jurisdiction in which the insurer is
				licensed shall not imply licensing beyond those limits.
2. An advertisement shall not create the
				impression directly or indirectly that the insurer, its financial condition or
				status, or the payment of its claims, or the merits, desirability, or
				advisability of its policy forms or kinds or plans of insurance are approved,
				endorsed, or accredited by any division or agency of this State or the United
				States Government.
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.15 - Identity of Insurer

Current through Rules and Regulations filed through June 27, 2024
1. The name of the actual insurer advertised
				shall be properly identified and prominently, clearly and conspicuously
				displayed in all of its advertisements. An advertisement shall not refer to the
				parent company of the insurer without clearly disclosing that it is a separate
				legal entity and not responsible for the insurer's financial condition or
				contractual obligations.
2. An
				advertisement shall not include a trade name, an insurance group designation,
				or the name of any division, affiliate or subsidiary of the insurer, or any
				service mark, trade mark, slogan, symbol, or other device which has the
				capacity or tendency to deceive an individual as to the true identity of the
				insurer or the policy being advertised.
3. No advertisement shall use any combination
				of words, symbols, or physical materials which by their content, phraseology,
				shape, color, or other characteristics are so similar to combination of words,
				symbols, or physical materials used by agencies of the Federal Government, or
				of this State, or otherwise appear to be of such a nature that it tends to
				confuse or mislead prospective insureds into believing that the solicitation is
				in some manner connected with an agency of the municipal, State or Federal
				Government.
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.16 - Group or Quasi-Group Implications

Current through Rules and Regulations filed through June 27, 2024
An advertisement of a particular plan or policy of insurance
				  shall not state or imply that prospective insureds become "group" or
				  "quasi-group" members covered under a group policy, and as such enjoy special
				  rates or underwriting privileges, unless such is the fact.
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.17 - Introductory, Initial or Special Offers

Current through Rules and Regulations filed through June 27, 2024
1.
(a) An
				advertisement of an individual policy shall not directly or by implication
				represent that a contract or combination of contracts is an introductory,
				initial, or special offer, or that applicants will receive substantial
				advantages not available at a later date, or that the offer is available only
				to a specified group of individuals, unless such is the fact.
(b) An advertisement shall not contain
				phrases describing an enrollment period as "special," "limited," or use in
				similar words or phrases when the insurer uses such enrollment periods as the
				usual method of advertising accident and sickness insurance.
(c) An enrollment period during which a
				particular insurance product may be purchased on an individual basis shall not
				be offered within this State unless there has been a lapse of not less than six
				(6) months between the close of the immediately preceding enrollment period for
				the same product and the opening of the new enrollment period.
(d) The advertisement shall indicate the date
				by which the applicant must mail the application, which shall not be less than
				ten (10) days and not more than forty (40) days from the date that such
				enrollment period is advertised for the first time. This Rule applies to all
				advertising media; including, but not limited to: mail, newspapers, radio,
				television, magazines, periodicals, personal solicitations, and telephone
				solicitations.
(e) This Rule
				prohibits any statement or implication to the effect that only a specific
				number of policies will be sold, or that a time is fixed for the discontinuance
				of the sale of the particular policy advertised because of special advantages
				available in the policy, unless such is the fact.
(f) This Rule prohibits the use of minor
				variations in the form or contents of a plan or policy in order to avoid or
				circumvent the provisions of paragraph (c) of this Rule. Mere variations of the
				terms of renewability, increases or decreases in the dollar amounts of
				benefits, or increases or decreases in any elimination or waiting period from
				those available during an enrollment period for another policy, shall not be
				sufficient to establish it as a new or different "particular insurance product"
				not subject to the provisions of paragraph (c).
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.18 - Statements about an Insurer

Current through Rules and Regulations filed through June 27, 2024
An advertisement shall not contain statements which are
				  untrue in fact, or by implication misleading, with respect to the assets,
				  corporate structure, financial standing, age, or relative position of the
				  insurer in the insurance business. An advertisement shall not contain a
				  recommendation by any commercial rating system unless it clearly indicates the
				  purpose of the recommendation and the limitations of the scope and extent of
				  the recommendation.
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.19 - Insurers' Responsibility and Control; Advertising File; Certificate of Compliance

Current through Rules and Regulations filed through June 27, 2024
1. All advertisements, regardless of by whom
				written, created or designed, shall be the responsibility of the insurer
				sponsoring the same. Every insurer shall at all times maintain complete control
				over the content, form and method of dissemination of all advertisements of its
				contracts.
2. Each insurer shall
				maintain at its home or principal office a complete file containing every
				printed, published or prepared advertisement of individual policies and typical
				printed, published or prepared advertisements of blanket, franchise and group
				policies hereafter disseminated in this State, with a notation attached to each
				such advertisement which shall indicate the manner and extent of distribution
				and the form number of any policy advertised. Such file shall be subject to
				regular and periodic inspection at the discretion of this Department. All such
				advertisements shall be maintained in said file for a period of not less than
				five (5) years.
3. Each insurer
				required to file an Annual Statement with this Department must file, together
				with its Annual Statement, a Certificate executed by an authorized officer of
				the insurer wherein it is stated that to the best of his knowledge, information
				and belief, the advertisements disseminated by the insurer during the preceding
				calendar year complied, or were made to comply in all respects, with the
				provisions of the Insurance Laws of this State as implemented and interpreted
				by this Regulation.
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.20 - Severability Provision

Current through Rules and Regulations filed through June 27, 2024
If any Section or portion of a Section of this Regulation, or
				  the applicability thereof to any person or circumstance is held invalid by a
				  Court, the remainder of the Rules, or the applicability of such provision to
				  other persons or circumstances, shall not be affected
				  thereby.
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.21 - Penalties

Current through Rules and Regulations filed through June 27, 2024
Any insurer, agent, representative, officer, or employee of
				  such insurer failing to comply with the requirements of this Regulation shall
				  be subject to such penalties as may be appropriate under the Insurance Laws of
				  the State of Georgia.
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.22 - Effective Date

Current through Rules and Regulations filed through June 27, 2024
This Regulation shall become effective July 1,
				  1973.
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.23 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.24 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.25 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.26 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.27 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.28 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.29 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.30 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.31 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.32 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.33 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-12 - ADVERTISING ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-12-.34 - Repealed

Current through Rules and Regulations filed through June 27, 2024
Ga. L. 1960, pp. 289 to
				  755.
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 120-2-13 - CREDIT LIFE, ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-13-.01 - Establishing Claims Account

Current through Rules and Regulations filed through June 27, 2024
It is hereby ordered that on and after July 1, 1955 any and
				  all insurance companies writing Life and/or Health and Accident or
				  Hospitalization Insurance in connection with loans made under the Georgia
				  Industrial Loan Act shall place in a reserve account created and carried on the
				  books of the company as "claims account," an amount not less than 20% of each
				  premium dollar received on such insurance written in connection with said
				  loans.
Ga. Laws 1960, p. 289,
				  pp. 305 and 750, 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 120-2-13 - CREDIT LIFE, ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-13-.02 - Purpose of Claims Account

Current through Rules and Regulations filed through June 27, 2024
It is further ordered that such funds as placed in said
				  "claims account" shall be used for no other purpose other than the payment of
				  benefits accruing under such policy or policies as issued in connection with
				  loans made under the Georgia Industrial Loan Act.
Ga. Laws 1960, p. 289,
				  pp. 305 and 750, 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 120-2-13 - CREDIT LIFE, ACCIDENT AND SICKNESS INSURANCE › Rule 120-2-13-.03 - Reinsuring Liability for Credit Life, Accident and Sickness Insurance

Current through Rules and Regulations filed through June 27, 2024
In the event any insurance company writing Life and/or Health
				  and Accident or Hospitalization Insurance in connection with loans made under
				  the Georgia Industrial Loan Act shall reinsure its liability under such
				  policies, such direct writing company shall, notwithstanding such reinsurance,
				  maintain the reserve required by this regulation, as if such reinsurance
				  contract had not been entered upon and shall, notwithstanding such reinsurance
				  contract or treaty, continue primarily responsible on all life and/or Health
				  and Accident or Hospitalization Insurance issued in connection with such
				  loans.
Ga. Laws 1960, p. 289,
				  pp. 305 and 750, 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 120-2-14 - GEORGIA AUTOMOBILE INSURANCE PLAN › Rule 120-2-14-.01 - Authority

Current through Rules and Regulations filed through June 27, 2024
O.C.G.A. Secs.
				  33-2-9,
				  40-9-100.
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 120-2-14 - GEORGIA AUTOMOBILE INSURANCE PLAN › Rule 120-2-14-.02 - Purpose

Current through Rules and Regulations filed through June 27, 2024
O.C.G.A. Secs.
				  33-2-9,
				  40-9-100.
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 120-2-14 - GEORGIA AUTOMOBILE INSURANCE PLAN › Rule 120-2-14-.03 - Definitions

Current through Rules and Regulations filed through June 27, 2024
O.C.G.A. Secs.
				  33-2-9,
				  40-9-100.
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 120-2-14 - GEORGIA AUTOMOBILE INSURANCE PLAN › Rule 120-2-14-.05 - Duties of Governing Committee

Current through Rules and Regulations filed through June 27, 2024
(1) The Committee shall meet at least twice
				per year and as often as may be required to perform the duties of
				administration of the Plan. The Committee will be empowered and shall appoint a
				manager, budget expenses, levy assessments, disburse funds and perform all
				duties essential to the proper administration of the Plan.
(2) Annually, the Manager shall prepare an
				operating budget in the prescribed manner for submission to the Committee. Such
				budget shall be approved by the Committee and furnished to the subscribers on
				request. Any expenditure in excess of or not included in the annual budget
				shall be approved by the Committee.
(3) Upon request, the Committee will furnish
				to any subscriber a written annual report of operations of the Plan in such
				form and detail as the Committee may determine.
(4) The Committee shall file with the
				Commissioner a manual including rates and manual rules in such detail as may be
				necessary for distribution and processing of automobile insurance applications
				received from applicants, the contents of such manual being known as the
				Plan.
(5) The Committee shall file
				necessary and suitable amendments to the Plan as required for the continued
				effective operation of the Plan.
(6) The Commissioner shall, within thirty
				(30) days of receipt of a filing as required in paragraphs (4) or (5) above,
				approved or disapproved such filing, provided, however, the Commissioner may
				extend by not more than thirty (30) days the period within which he may approve
				or disapprove the filing by giving written notice to the Committee of the
				extension before the expiration of the initial thirty-day period.
(7) If the Committee fails to submit an
				acceptable Plan within thirty (30) days of the effective date of this
				Regulation, or if at any time fails to submit necessary or suitable amendments
				thereto, the Commissioner shall, after consultation with insurance companies
				authorized to issue automobile policies in this State and after notice and
				hearing, adopt and promulgate such reasonable Plan as is necessary or advisable
				to effectuate the provision of this Regulation.
O.C.G.A. §§
										33-2-9 and
				  40-9-100.
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 120-2-14 - GEORGIA AUTOMOBILE INSURANCE PLAN › Rule 120-2-14-.06 - Plan Composition

Current through Rules and Regulations filed through June 27, 2024
O.C.G.A. Secs.
				  33-2-9,
				  40-9-100.
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 120-2-14 - GEORGIA AUTOMOBILE INSURANCE PLAN › Rule 120-2-14-.07 - Participation in the Plan

Current through Rules and Regulations filed through June 27, 2024
(1) Each subscriber shall pay a minimum
				annual fee of $25.00 and a Plan Fee of $25 and the basis used for distribution
				of risks under Distribution and Assignments of Applicants section of the
				approved Plan shall be used as the basis of apportionment of all expenses
				incurred in excess of the minimum fee except that credits allowed to reduce
				assignments shall not be considered in the apportionment of expenses.
(2) The Committee may abate or defer in whole
				or in part the assignment of risks to a subscriber for good cause. When such
				action is contemplated, the Commissioner shall be promptly notified prior to
				the intended action being effective.
(3) Each subscriber shall fully participate
				in the Plan, comply with paragraphs (1) and (2) above and comply with all rules
				and procedures of the Plan and guidelines of the Committee, as a condition of
				their authority to transact or continue to transact insurance in
				Georgia.
O.C.G.A. §§
										33-2-9,
				  40-9-100.
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 120-2-14 - GEORGIA AUTOMOBILE INSURANCE PLAN › Rule 120-2-14-.08 - Right to Appeal

Current through Rules and Regulations filed through June 27, 2024
(1) The Committee may hear any appeal from an
				applicant, insured, producer or company on a matter pertaining to the proper
				administration of the Plan. Each notice of cancellation or denial of insurance
				under the provisions of the Plan shall contain or be accompanied by a statement
				that the insured or applicant has a right of appeal to the Committee. The
				action of the Committee may be appealed to the Commissioner, in accordance with
				O.C.G.A. Section
				33-2-17.
(2) The Plan shall promptly notify the
				company, the insured, or applicant, and the producer of record of the
				disposition of the appeal, which notification in the case of refusal to sustain
				a cancellation shall include notice that upon payment of the deposit premium to
				the company, a policy or binder will be issued.
(3) An appeal shall not operate as a stay of
				cancellation. Provided, however, that if either the Committee or the
				Commissioner refuse to sustain the cancellation, the insurer which issued the
				policy or binder shall, within two (2) working days after receipt of the
				deposit premium, which must be received within thirty (30) days after
				determination of the appeal, issue a new policy or binder. Such policy shall be
				issued for a period of one (1) year from the date of issuance. The balance of
				the premium shall be payable as provided in the Plan rules.
(4) The Commissioner shall be the final
				authority in all matters relating to the interpretation and enforcement of this
				Chapter, except insofar as his orders may be reversed or modified by the
				courts.
O.C.G.A. §§
										33-2-9,
				  40-9-100.
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 120-2-14 - GEORGIA AUTOMOBILE INSURANCE PLAN › Rule 120-2-14-.09 - Filing of Rates, Rating Systems, Rating Plans, Underwriting Rules and Policy Forms

Current through Rules and Regulations filed through June 27, 2024
O.C.G.A. Secs.
				  33-2-9,
				  40-9-100.
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 120-2-14 - GEORGIA AUTOMOBILE INSURANCE PLAN › Rule 120-2-14-.10 - Statistical Agent

Current through Rules and Regulations filed through June 27, 2024
O.C.G.A. Secs.
				  33-2-9,
				  40-9-100.
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 120-2-14 - GEORGIA AUTOMOBILE INSURANCE PLAN › Rule 120-2-14-.11 - Insurers Required to Provide Statistics, Data and Information to Statistical Agent

Current through Rules and Regulations filed through June 27, 2024
O.C.G.A. Secs.
				  33-2-9,
				  40-9-100.