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2018 Georgia Code 33-2-8 | Car Wreck Lawyer

TITLE 33 INSURANCE

Section 2. Department and Commissioner of Insurance, 33-2-1 through 33-2-34.

33-2-8. Annual report of Commissioner.

As early in the calendar year as reasonably possible, the Commissioner annually shall compile a report showing, with respect to the preceding calendar year:

  1. Names of the authorized insurers transacting insurance in this state with such summary of their financial statement as he deems proper;
  2. Names of insurers whose businesses were closed during the year, the cause thereof, and amount of assets and liabilities as ascertainable;
  3. Names of insurers against which delinquency or similar proceedings were instituted and a concise statement of the facts with respect to each proceeding;
  4. The receipts and expenses of the department for the year;
  5. Recommendations of the Commissioner as to amendments or supplementation of laws affecting insurance regarding matters affecting the department; and
  6. Such other pertinent information and matters as the Commissioner deems proper.

    Such report shall be kept in the Commissioner's office at the state capital and shall be available for public inspection during regular business hours. Copies of the report or portions of the report shall be made available on request upon payment of the applicable cost for reduction of the copies requested.

(Code 1933, § 56-204, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1976, p. 538, § 1.)

OPINIONS OF THE ATTORNEY GENERAL

There is no statutory deadline for the submission of the annual report. 1962 Op. Att'y Gen. p. 456.

Tax confidentiality provisions apply to information that may be included in report.

- Section33-8-10 contains no prohibition against disclosure by the Insurance Commissioner of the kinds of data and information required in annual reports under this section; however, while paragraph (6) of this section authorizes the Commissioner to include in his report whatever other information he deems proper, the privilege and confidentiality provisions of § 33-8-10 would extend to and embrace such additional items of information if they come within the scope of the subject matter of insurance taxes. 1976 Op. Att'y Gen. No. 76-89.

RESEARCH REFERENCES

ALR.

- Personal liability of public officials or bond for permitting insurance company or other corporation to engage or continue in business without complying with statutory requirement, 131 A.L.R. 275.

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