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2018 Georgia Code 33-36-5 | Car Wreck Lawyer

Link to State of Georgia Official Statute 2018 Georgia Code Annotated (sourced from legal.resource.org)
O.C.G.A. 33-36-5 Case Law from Google Scholar Amendments to OCGA 33-36-5

TITLE 33 INSURANCE

Section 36. Georgia Insurers Insolvency Pool, 33-36-1 through 33-36-20.

ARTICLE 2 PREFERRED PROVIDER ARRANGEMENTS

33-36-5. Insurers required to become members of pool.

Every insurer authorized to write property or casualty insurance policies in this state shall be a member of the insolvency pool and shall be liable for assessments pursuant to Code Section 33-36-7 and shall also be responsible for the other obligations imposed pursuant to this chapter.

(Ga. L. 1970, p. 700, § 4.)

JUDICIAL DECISIONS

Purpose and practice of insolvency pool.

- When an insurer becomes insolvent, the Georgia Insurers Insolvency Pool is required to fulfill the insurer's obligations to the insured. United States v. Rutland, Inc., 849 F. Supp. 806 (S.D. Ga. 1994), aff'd, 46 F.3d 71 (11th Cir. 1995).

Cited in Freeman v. Criterion Ins. Co., 693 F.2d 1021 (11th Cir. 1982); Norman Enters. Interior Design, Inc. v. DeKalb County, 245 Ga. App. 538, 538 S.E.2d 130 (2000).

RESEARCH REFERENCES

ALR.

- Sufficiency of notice of claim against local government unit as regards identity, name, address, and residence of claimant, 53 A.L.R.5th 617.

Cases Citing O.C.G.A. § 33-36-5

Total Results: 2  |  Sort by: Relevance  |  Newest First

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State High. Dep't v. MacDougald Constr. Co., 6 S.E.2d 570 (Ga. 1939).

Cited 41 times | Published | Supreme Court of Georgia | Oct 12, 1939 | 189 Ga. 490, 137 A.L.R. 520

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Georgia Insurers Insolvency Pool v. Hulsey Env't Servs., Inc., 293 Ga. 504 (Ga. 2013).

Cited 4 times | Published | Supreme Court of Georgia | Sep 9, 2013 | 748 S.E.2d 380, 2013 Fulton County D. Rep. 2801

...olicyholder if insurer becomes insolvent). GIIP is supervised by the Insurance Commissioner, OCGA § 33-36-2, who selects a board of trustees known as the Insurers Solvency Board. OCGA § 33-36-4. GIIP is composed of member insurance companies, OCGA § 33-36-5, which fund GIIP by paying assessments in proportion to their “net direct written premiums in this state.” OCGA § 33-36-7 (b). The Southeastern United States Insurance Company (“SEUS”) became a member of GIIP on June 23, 2006, when it was converted from a captive issuer to a standard issuer....