In addition to other penalties provided in this title, the Commissioner, by order pursuant to Code Section 33-9-29, may suspend or revoke, in whole or in part, the license of any rating organization or the certificate of authority of any insurer with respect to the class or classes of insurance specified in such order if such entity fails to comply within the time limited by such order or any extension thereof that the Commissioner may grant.
History. Code 1933, § 56-531, enacted by Ga. L. 1967, p. 684, § 1; Ga. L. 2019, p. 337, § 1-51/SB 132.
The 2019 amendment, effective July 1, 2019, inserted “, by order pursuant to Code Section 33-9-29,” near the beginning, substituted “if such entity fails” for “which fails” in the middle, and substituted “that the Commissioner” for “which the Commissioner” and deleted “with an order of the Commissioner lawfully made by him pursuant to Code Section 33-9-29” following “may grant” at the end of this Code section.
Structure Georgia Code
Chapter 9 - Regulation of Rates, Underwriting Rules, and Related Organizations
§ 33-9-1. Purpose and Construction of Chapter
§ 33-9-3. Application of Chapter
§ 33-9-4. Standards Applicable to Making and Use of Rates
§ 33-9-5. Authorized Joint Actions by Insurers Generally
§ 33-9-8. Agreements to Share High-Risk Applicants; Approval of Rates
§ 33-9-9. Use of Rating Systems, Underwriting Rules, or Forms of Rating or Advisory Organizations
§ 33-9-10. Conduct of Operations by Organizations Engaging in Joint Underwriting or Reinsurance
§ 33-9-12. Requirement of License for Rating Organization; Application; Fee
§ 33-9-13. Evidence to Be Submitted by Rating Organization for License
§ 33-9-15. Annual License Fee for Rating Organizations
§ 33-9-16. Adoption by Rating Organizations of Rules Governing Eligibility for Membership Generally
§ 33-9-21.1. Filing and Maintenance of Information Relating to Certain Casualty Insurance
§ 33-9-21.2. Petition for Hearing by Aggrieved Insurer
§ 33-9-24. Examination of Officers, Managers, Agents, and Employees of Organizations and Insurers
§ 33-9-25. Payment of Costs of Examinations
§ 33-9-28.1. Assessment of Investigation Costs Against Parties
§ 33-9-33. Payment of Dividends, Savings, or Unabsorbed Premium Deposits by Insurers
§ 33-9-35. Withholding of Information; False or Misleading Information
§ 33-9-36. Unauthorized Premiums; Unlawful Inducements
§ 33-9-37. Liability of Insurer Conspiring to Fix Insurance Rates Unauthorized by Chapter
§ 33-9-40.3. Employers to Provide Work Based Learning Opportunities for Students Age 16 and Older