O.C.G.A.

O.C.G.A. § 33-5-26 (2019)

Endorsement of insurance contract by broker

✓ 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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(a) Every insurance contract procured and delivered as a surplus line coverage shall be initialed by or bear the name of the surplus line broker who procured it and shall have printed or stamped upon it the following: ‘‘This contract is registered and delivered as a surplus line coverage under the Surplus Line Insurance Law, O.C.G.A. Chapter 33-5.’’ (b) No surplus lines policy or certificate in which the policy premium is $5,000.00 per annum or less shall be delivered in this state unless a standard disclosure form or brochure explaining surplus lines insurance is attached to or made a part of the policy or certificate. The Commissioner shall prescribe by rule or regulation the format and contents of such form or brochure.

History

Code 1933, § 56-616, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 2002, p. 8, § 2; Ga. L. 2019, p. 337, § 1-28/SB 132. The 2019 amendment, effective July 1, 2019, deleted former subsection (c),

which read: ‘‘Pursuant to Code Section 33-2-9, the Commissioner may promulgate rules and regulations which are necessary to implement the provisions of this article.’’

Annotations

JUDICIAL DECISIONS Cited in Tyson v. Scottsdale Indemnity Co., 343 Ga. App. 370, 805 S.E.2d 138 (2017).

Notes of Decisions

Cited in 2 cases (1 in the last 5 years), 2017–2024 · leading case: Tyson Et Al. v. Scottsdale Indem. Co.., 805 S.E.2d 138 (Ga. Ct. App. 2017).

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Tyson Et Al. v. Scottsdale Indem. Co.., 805 S.E.2d 138 (Ga. Ct. App. 2017). · cites it 6× “Specifically, they assert the policy was issued in violation of OCGA §§ 33-5-26 and 33-5-27. Once again, we disagree.”

Kevin Jumlist v. Prime Ins. Co., 92 F.4th 1008 (11th Cir. 2024). “” USCA11 Case: 22-10614 Document: 40-1 Date Filed: 02/08/2024 Page: 29 of 31 22-10614 Opinion of the Court 29 Ga. Code Ann. § 33-5-26 (b). Georgia Rules and Regulations 120-2- 89 provides that “[a]ny insurer or surplus lines broker failing to comply with the requirements of this…”

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.