§ 33-24-93. Disclosure by Insurer of Use of Credit Information
If an insurer writing personal insurance uses credit information in underwriting or rating a consumer, the insurer or its agent shall disclose, either on the insurance application or at the time the insurance application is taken, that it may obtain credit information in connection with such application. Such disclosure shall be either written or provided […]
§ 33-24-94. Adverse Action Based on Credit Information; Notice to Consumer
If an insurer takes an adverse action based upon credit information, the insurer must meet the notice requirements of this Code section. Such insurer shall provide notification to the consumer that an adverse action has been taken, in accordance with the requirements of the federal Fair Credit Reporting Act, 15 USC 1681m(a), and shall provide […]
§ 33-24-95. Filing Scoring Models With Commissioner; Confidential Nature of Filing
Insurers that use insurance scores to underwrite and rate risks must file their scoring models or other scoring processes with the Commissioner of Insurance. A third party may file scoring models on behalf of insurers licensed to do business in this state, provided that such third parties are on an approved list maintained by the […]
§ 33-24-96. Insurer Obligation to Indemnify and Defend Agents
An insurer shall indemnify, defend, and hold agents harmless from and against all liability, fees, and costs arising out of or relating to the actions, errors, or omissions of an agent or a producer who obtains or uses credit information or insurance scores for an insurer, provided the agent or producer follows the instructions and […]
§ 33-24-97. Consumer Reporting Agency Disclosure of Insurance Information; Applicability to Motor Vehicle Reports
No consumer reporting agency shall provide or sell data or lists that include any information that in whole or in part was submitted in conjunction with an insurance inquiry about a consumer’s credit information or a request for a credit report or insurance score. Such information includes, but is not limited to, the expiration dates […]
§ 33-24-98. Use of Insurance Scores Permitted
Notwithstanding any provision of law to the contrary, insurers shall be allowed to use insurance scores in rating and underwriting subject to the provisions of this article. History. Code 1981, § 33-24-98 , enacted by Ga. L. 2003, p. 343, § 1.
§ 33-24-90. Definitions
As used in this article, the term: “Adverse action” shall mean a denial or cancellation of, an increase in any charge for, or a reduction or other adverse or unfavorable change in the terms of coverage or amount of any insurance, existing or applied for, in connection with the underwriting of personal insurance. “Affiliate” shall […]
§ 33-24-91. Use of Credit Information to Underwrite or Rate Risks
An insurer authorized to do business in this state that uses credit information to underwrite or rate risks, shall not: Use an insurance score that is calculated using income, gender, race, address, ZIP Code, ethnic group, religion, marital status, or nationality of the consumer as a factor; Deny, cancel, or nonrenew a policy of personal […]
§ 33-24-92. Disputed Items in Credit Report
If an item or items contained in the credit information for an applicant or insured are in dispute pursuant to the dispute resolution process set forth in the federal Fair Credit Reporting Act, 15 USC 1681i, the insurer, during the 45 day period following the date on which the item was placed in dispute pursuant […]