O.C.G.A. § 33-5-44 (2019)
Notice; report
In the event the Governor enters into a cooperative agreement, compact, or reciprocal agreement with another state or states as authorized under this part, notice of such action shall be communicated to the chairperson of the House Committee on Insurance and the chairperson of the Senate Insurance and Labor Committee. The Commissioner shall thereafter annually issue a report to such committees that assesses whether, in his or her opinion, the agreement continues to be in the best financial interest of the state.
History
Code 1981, § 33-5-44, enacted by Ga. L. 2011, p. 449, § 8/HB 413.
ARTICLE 3 UNAUTHORIZED INSURERS PROCESS ACT
Annotations
Cross references. - Service of process on alien or foreign insurers, § 33-4-3 et seq. Venue of actions against and service of process upon unauthorized insurers issuing surplus line policies, § 33-5-34.
Law reviews. - For comment on McGee v. International Life Ins. Co., 355
U.S. 220, 78 S. Ct. 199, 2 L. Ed. 2d 223 (1957), holding that for a state to assert jurisdiction over a foreign insurance company it is sufficient for due process purposes if the contract on which the case is based has a substantial connection with that state, see 21 Ga. B.J. 113 (1958).
JUDICIAL DECISIONS Purpose. - This article is not punitive in nature but is intended, among other purposes, to protect residents of Georgia from the often insuperable obstacle of resorting to distant forums for the purpose of asserting legal rights. Retail Union Health & Welfare Fund v. Seabrum, 240 Ga. 695, 242 S.E.2d 18 (1978). This article provides a method of suing in this state unauthorized insurers who write insurance on property having a situs in this state. Reeves v. South Am. Managers, Inc., 110 Ga. App. 49, 137 S.E.2d 700 (1964), aff ’d, 220 Ga. 493, 140 S.E.2d 201 (1965). This article does not purport to deal with the question of venue of suits against insurance companies, but only with the mode of service of process upon unauthorized insurers. Liberty Bell
Mut. Fire Ins. Co. v. Exum, 209 Ga. 548, 74 S.E.2d 738 (1953). Insurance authorizing service under article is written in violation of chapter. - Surplus line coverage in accordance with the provisions of the Surplus Line Insurance Law (see O.C.G.A. § 33-5-20 et seq.) is issued in accordance with this chapter, while insurance written in a manner which authorizes service under this article is written in violation of and not in accordance with this chapter. Reeves v. South Am. Managers, Inc., 110 Ga. App. 49, 137 S.E.2d 700 (1964), aff ’d, 220 Ga. 493, 140 S.E.2d 201 (1965). Cited in Gordy Tire Co. v. Dayton Rubber Co., 216 Ga. 83, 114 S.E.2d 529 (1960); Rossville Crushed Stone, Inc. v. Massey, 219 Ga. 467, 133 S.E.2d 874 (1963).
RESEARCH REFERENCES ALR. - Collateral business activities incident to, or in aid of, interstate trans-
portation, as related to interstate commerce, 152 A.L.R. 1078.