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Home » US Law » 2022 Georgia Code » Title 33 - Insurance » Chapter 55 - Reporting of Transactions by Insurers

§ 33-55-1. Insurers to Report Acquisitions and Dispositions of Assets and Material Changes to Ceded Reinsurance Agreements to Commissioner

Every insurer domiciled in this state shall file a report with the Commissioner disclosing material acquisitions and dispositions of assets or material nonrenewals, cancellations, or revisions of ceded reinsurance agreements unless such acquisitions and dispositions of assets or material nonrenewals, cancellations, or revisions of ceded reinsurance agreements have been submitted to the Commissioner for review, […]

§ 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 […]