O.C.G.A.

O.C.G.A. § 33-3-21 (2019)

Reports of business affairs and operations of insurers generally

✓ O.C.G.A. (archive.org 2024 item): print volumes of 2004-2024, per-volume vintage; older volumes partly replaced by 2019 Release 73 text; no 2025 or 2026 Acts
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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On or before March 1 in each year after it shall have commenced to do business pursuant to a certificate of authority, every insurer shall make and file with the Commissioner a report of its affairs and operations during the year ending on December 31 of the preceding year. This annual report shall be made in such form and contain such information as the Commissioner may prescribe by regulation from time to time and may require in protecting the public interest, the interest of the policyholders of any insurer, and the interest of the investors in the securities issued by any insurer. The Commissioner may require by regulation any additional periodic reports as he or she may prescribe from time to time as necessary or appropriate for the protection of policyholders, investors, and the public and necessary to ensure the solvency of any insurer, to inform and protect the investors in any insurer, and to assure fair dealing in the securities of any insurer. The Commissioner may require that the reports be verified under oath by any appropriate officers or agents as he or she may designate by regulation and may require the same to be published. Compliance with this Code section shall be a condition to the renewal of a certificate of authority under Code Section 33-3-16.

History

Ga. L. 1887, p. 113, § 16; Civil Code 1895, § 2064; Civil Code 1910, § 2458; Ga. L. 1912, p. 119, § 9; Code 1933, §§ 56-108, 56-232; Code 1933, § 56-319, enacted by Ga. L. 1965, p. 378, § 1; Ga. L. 1992, p. 6, § 33; Ga. L. 2019, p. 337, § 1-19/SB 132. The 2019 amendment, effective July 1, 2019, deleted ‘‘of Insurance’’ following

‘‘the Commissioner’’ in the first sentence and inserted ‘‘or she’’ in the third and fourth sentences. Administrative rules and regulations. - Business requirements, Official Compilation of the Rules and Regulations of the State of Georgia, Rules of Comptroller General, Commissioner of Insurance, Chapter 120-2-18.

Annotations

The 2019 amendment, effective July 1, 2019, deleted "of Insurance" following "the Commissioner" in the first sentence and inserted "or she" in the third and fourth sentences.

Administrative Rules and Regulations. - Authorization and General Requirements for Doing Business, Official Compilation of the Rules and Regulations of the State of Georgia, Rules of Comptroller General Office of Insurance Commissioner, Chapter 120-2-18.

RESEARCH REFERENCES

Am. Jur. 2d. - 43 Am. Jur. 2d, Insurance, § 35.

C.J.S. - 44 C.J.S., Insurance, §§ 56.

Notes of Decisions
Cited in 2 cases, 1998–1998 · leading case: Boardman Petroleum, Inc. v. Federated Mut. Ins., 135 F.3d 750 (11th Cir. 1998).
Boardman Petroleum, Inc. v. Federated Mut. Ins., 135 F.3d 750 (11th Cir. 1998). “See O.C.G.A. §§ 33-3-21,33-3-21.1. 12 . See S.”
Boardman v. Federated Mut., 135 F.3d 750 (11th Cir. 1998). “The South Carolina Supreme Court has emphasized that South Carolina’s statutory choice-of-law provision applicable to contracts of insurance on property, lives, and interests located within the state was intended to 11 See O.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.