Georgia § 33-41-19 Rates, underwriting rules, and policy forms

Georgia Statutes

§ 33-41-19 — Rates, underwriting rules, and policy forms

Georgia § 33-41-19

Title33

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Bluebook

O.C.G.A. § 33-41-19 (2026).

Text

(a)No captive insurance company shall be required to join or use the rates, rating systems, underwriting rules, or policy or bond forms of a rating or advisory organization as defined in Code Section 33-9-2 .

(b)No captive insurance company shall be required to file its premium rates or policy forms with, or seek approval of such rates or forms from, the Commissioner or any other authority of this state. However, the Commissioner shall impose minimum premiums upon association captive insurance companies which write motor vehicle liability insurance coverage required by law and do not participate in the Georgia Insurers Insolvency Pool.

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(a) No captive insurance company shall be required to join or use the rates, rating systems, underwriting rules, or policy or bond forms of a rating or advisory organization as defined in Code Section 33-9-2 . (b) No captive insurance company shall be required to file its premium rates or policy forms with, or seek approval of such rates or forms from, the Commissioner or any other authority of this state. However, the Commissioner shall impose minimum premiums upon association captive insurance companies which write motor vehicle liability insurance coverage required by law and do not participate in the Georgia Insurers Insolvency Pool.

Legislative History

Amended by 2020 Ga. Laws 521,§ 33, eff. 7/29/2020. Amended by 2019 Ga. Laws 186,§ 2-9, eff. 7/1/2019. Amended by 2016 Ga. Laws 611,§ 1, eff. 7/1/2016.