Georgia Code
Article 1 - General Provisions
§ 33-13-3.1. Acquisition of Insurer; Effect on Competition

For the purpose of this subparagraph, the term “market” means a direct written insurance premium in this state for a line of business as contained in the annual statement required to be filed by insurers licensed to do business in this state;
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A highly concentrated market is one in which the share of the four largest insurers is 75 percent or more of the market. Percentages not shown in the tables are interpolated proportionately to the percentages that are shown. If more than two insurers are involved, exceeding the total of the two columns in the table is prima-facie evidence of violation of the competitive standard in paragraph (1) of this subsection. For the purpose of this subparagraph, the insurer with the largest share of the market shall be deemed to be Insurer A;
Insurer A Insurer B 4 percent 4 percent or more 10 percent 2 percent or more 15 percent 1 percent or more; or
Insurer A Insurer B 5 percent 5 percent or more 10 percent 4 percent or more 15 percent 3 percent or more 19 percent 1 percent or more
History. Code 1981, § 33-13-3.1 , enacted by Ga. L. 1991, p. 1424, § 5; Ga. L. 2000, p. 136, § 33; Ga. L. 2013, p. 802, § 1/HB 312; Ga. L. 2014, p. 866, § 33/SB 340; Ga. L. 2019, p. 337, § 1-64/SB 132.
The 2019 amendment, effective July 1, 2019, inserted “and adopted by regulation promulgated by the Commissioner or as otherwise prescribed by regulation promulgated by the Commissioner” in the first sentence of paragraph (c)(1).
Editor’s notes.
Ga. L. 1991, p. 1424, § 9/SB 347, not codified by the General Assembly, contained inconsistencies in references to the sections of the bill due to differences in the section numbers contained in the Senate version of the bill and the final version of the bill. Subsection (c) of Section 9 referred to this Code section in the Senate version of SB 347 and provides as follows: “Section 3 and 4 of this Act shall apply to transactions between affiliates or subsidiaries taking place on or after July 1, 1991.”
Law reviews.
For note on 1991 enactment of this Code section, see 8 Ga. St. U.L. Rev. 89 (1992).

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