§ 33-59-8. Advertising
A registered life settlement broker or licensed provider who is registered or licensed pursuant to this chapter may conduct or participate in advertisements within this state. Such advertisements shall comply with all advertising and marketing laws of this state and rules and regulations promulgated by the Commissioner that are applicable to life insurers or to […]
§ 33-56-11. Immunity of Commissioner and Department
There shall be no liability on the part of, and no cause of action shall arise against, the Commissioner or the department or its employees or agents for any action taken by them in the performance of their powers and duties under this chapter. History. Code 1981, § 33-56-11 , enacted by Ga. L. 1996, […]
§ 33-56-13. Effective Date of Notices by Commissioner
All notices by the Commissioner to an insurer which may result in regulatory action under this chapter shall be effective upon dispatch if transmitted by registered or certified mail or statutory overnight delivery or, in the case of any other transmission, shall be effective upon the insurer’s receipt of such notice. History. Code 1981, § […]
§ 33-58-1. Definitions
As used in this chapter, the term: “Charitable gift annuity” means a transfer of cash or other property by a donor to a charitable organization in return for an annuity payable over one or two lives, under which the actuarial value of the annuity is less than the value of the cash or other property […]
§ 33-58-2. Qualified Charitable Gift Annuities
The issuance of a qualified charitable gift annuity does not constitute engaging in the business of insurance in this state. A charitable gift annuity issued before July 1, 2000, is a qualified charitable gift annuity for purposes of this chapter, and the issuance of that charitable gift annuity does not constitute engaging in the business […]
§ 33-55-2. “Material” Acquisition or Disposition Defined; Scope of Reporting Requirement; Information to Be Included in Report
No acquisitions or dispositions of assets need be reported pursuant to Code Section 33-55-1 if the acquisitions or dispositions are not material. For purposes of this chapter, a material acquisition or disposition or the aggregate of any series of related acquisitions or related dispositions during any 30 day period is one that is nonrecurring and […]
§ 33-55-3. “Material” Nonrenewal, Cancellation, or Revision of Ceded Reinsurance Agreement Defined; Scope of Reporting Requirement; Information to Be Included in Report
Nonrenewals, cancellations, or revisions of ceded reinsurance agreements shall not be required to be reported pursuant to Code Section 33-55-1 if the nonrenewals, cancellations, or revisions are not material. For purposes of this chapter, a material nonrenewal, cancellation, or revision is one that affects: With respect to property and casualty business, including accident and health […]
§ 33-56-1. Definitions
As used in this chapter, the term: “Adjusted RBC report” means an RBC report which has been adjusted in accordance with subsection (e) of Code Section 33-56-2. “Corrective order” means an order issued by the Commissioner specifying corrective actions which the Commissioner has determined are required. “Domestic insurer” means an insurer as defined in paragraph […]
§ 33-56-2. Annual Risk-Based Capital Level Report Required; Computations
Every domestic insurer shall, on or prior to each March 1, prepare and submit to the Commissioner a report of its RBC levels, as of the end of the previous calendar year, containing such information as is required by the RBC instructions. In addition, every domestic insurer shall file its RBC report: With the NAIC […]
§ 33-53-1. Definitions
As used in this chapter: “Drug” means a drug or biologic that is used in an antineoplastic regimen. “Insurance policy” means an individual accident and sickness policy of insurance issued pursuant to Chapter 29 of this title or a group accident and sickness insurance policy issued pursuant to Chapter 30 of this title. “Standard reference […]