O.C.G.A.

O.C.G.A. § 33-36-8 (2019)

Issuance by Commissioner of notice of judicial determination of insolvency of insurer; requirement of notification of insureds by agents of insurer; publication of notice

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)

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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Upon the determination of a court of competent jurisdiction of the state of domicile of an insurer that the insurer is insolvent, the

Commissioner of this state shall promptly give notice of the insurer’s insolvency by first-class mail to all persons known or reasonably expected to have or be interested in claims against the insurer at such person’s last known address, all insureds of the insolvent insurer known to the Commissioner at such insured’s last known address, and all insurers subject to this chapter. The Commissioner may also require each agent of the insolvent insurer to give prompt written notice by first-class mail at the insured’s last known address to each insured of the insolvent insurer for whom he was agent of record. Notice shall also be given by publication in a newspaper of general circulation published in the county where the insurer had its principal office not less than once per week for four weeks and by publication elsewhere in this state as the court may direct.

History

Ga. L. 1970, p. 700, § 5; Ga. L. 1982, p. 3, § 33; Ga. L. 1990, p. 8, § 33.

Notes of Decisions

Cited in 2 cases, 1985–1987 · leading case: Georgia Insurers Insolvency Pool v. Moore, 333 S.E.2d 383 (Ga. Ct. App. 1985).

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Georgia Insurers Insolvency Pool v. Moore, 333 S.E.2d 383 (Ga. Ct. App. 1985). · cites it 2× “, notice by first class mail of the insurer’s insolvency to all persons known or reasonably expected to have or be interested in claims against the insurer (OCGA § 33-36-8), and publication in a newspaper having general circulation throughout the state, for four consecutive…”

Georgia Insurers Insolvency Pool v. Moore, 357 S.E.2d 823 (Ga. Ct. App. 1987). · cites it 2× “See also OCGA § 33-36-8. Although the contingent claims against Reserve predate the opinion in Jones , the rationale of Musgrove, supra, as applied to claimants, is equally applicable to the Insurance Commissioner of Georgia, if not more so, since it cannot reasonably be argued…”

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.