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2018 Georgia Code 33-10-7 | Car Wreck Lawyer

TITLE 33 INSURANCE

Section 10. Assets and Liabilities, 33-10-1 through 33-10-17.

ARTICLE 2 UNFAIR CLAIMS SETTLEMENT PRACTICES

33-10-7. Required reserves - Marine insurance.

With reference to marine insurance, premiums on trip risks not terminated shall be deemed unearned, and the Commissioner may require the insurer to carry a reserve thereon equal to 100 percent on trip risks written during the month ended as of the date of statement.

(Code 1933, § 56-907, enacted by Ga. L. 1960, p. 289, § 1.)

Cross references.

- Definition of marine and transportation insurance, § 33-7-5.

Cases Citing O.C.G.A. § 33-10-7

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Sanders v. State, 631 S.E.2d 344 (Ga. 2006).

Cited 32 times | Published | Supreme Court of Georgia | Jun 12, 2006 | 280 Ga. 780, 2006 Fulton County D. Rep. 1859