---
title: HB 902. Insurance; transparency and accountability in rates and rate regulation after enactment of tort reform law; provide
collection: bills
id: 2025-2026/hb902
cite_as: HB 902, 2025-2026 Regular Session (Ga.)
canonical_url: https://georgiacommons.org/bills/2025-2026/hb902
md_url: https://georgiacommons.org/bills/2025-2026/hb902.md
text_url: https://georgiacommons.org/bills/2025-2026/hb902/text
source_url: https://www.legis.ga.gov/legislation/71975
date: 2026-01-12
status: introduced
corpus_version: bills-2026-09-13
license: Public record of the Georgia General Assembly, via LegiScan; see about.md
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
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omitted: votes and history
omitted_chars: 129
omitted_url: https://georgiacommons.org/bills/2025-2026/hb902.md?full=1
bill_number: HB 902
session: 2025-2026 Regular Session
session_slug: 2025-2026
chamber: House
bill_type: bill
status_date: 2025-04-02
last_action: House Second Readers
sponsors:
- Todd Jones
- Carter Barrett
- Noel Williams
- Demetrius Douglas
- Trey Kelley
text_version: Introduced
has_text: true
legiscan_url: https://legiscan.com/GA/bill/HB902/2025
upstream_id: 2019400
summaries_model: claude-sonnet-5
topic_tags:
- insurance rates
- tort reform
- insurance regulation
- consumer protection
- Georgia Department of Insurance
---
# HB 902. Insurance; transparency and accountability in rates and rate regulation after enactment of tort reform law; provide
## Text
House Bill 902
By: Representatives Jones of the 25th, Barrett of the 24th, Williams of the 148th, Douglas of
the 78th, and Kelley of the 16th
A BILL TO BE ENTITLED
AN ACT
To amend Title 33 of the Official Code of Georgia Annotated, relating to insurance, so as to
provide for transparency and accountability in insurance rates and rate regulation after the
enactment of tort reform law; to provide for definitions; to provide for examinations and
hearings; to provide for the publication of certain information; to extend the time for data
collection and analysis related to tort reform law; to provide for findings on savings from tort
reform law; to provide for the publication of reports; to provide for related matters; to
provide for an effective date; to repeal conflicting laws; and for other purposes.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION 1.
Title 33 of the Official Code of Georgia Annotated, relating to insurance, is amended in
Chapter 9, relating to regulation of rates, underwriting rules, and related organizations, by
revising Code Section 33-9-4, relating to standards applicable to making and use of rates, as
follows:
"33-9-4.
(a) As used in this Code section, the term:
(1) 'Excessive' means the rate is likely to produce a long-term profit that is unreasonably
high in relation to the insurance coverage provided. Any rate increase of 10 percent or
more within any 12 month period and any filing for a rate increase two or more times
within any 24 month period shall be presumed to be excessive.
(2) 'Inadequate' means the rate is insufficient to sustain projected losses and expenses to
which the rate applies and continued use of the rate endangers the solvency of the insurer
or has the effect of substantially lessening competition or creating a monopoly in a
market.
(3) 'Unfairly discriminatory' means the rate is not based on sound actuarial principles,
does not bear a reasonable relationship to the expected loss and expense experience
among risks, or is based wholly or partly on the race, creed, color, ethnicity, or national
origin of the applicant, policyholder, or insured.
(b) The following standards shall apply to the making and use of rates pertaining to all
classes of insurance to which this chapter is applicable:
(1) Rates shall not be excessive, or inadequate, or as defined in this Code section, nor
shall they be unfairly discriminatory;
(2) No rate shall be held to be excessive unless such rate is unreasonably high for the
insurance provided and a reasonable degree of competition does not exist in the area with
respect to the classification to which such rate is applicable; provided, however, with
respect to rate filings involving an increase in rates, no rate for personal private passenger
motor vehicle insurance shall be held to be excessive unless such rate is unreasonably
high for the insurance provided and a reasonable degree of competition does not exist;
(3) No rate shall be held inadequate unless it is unreasonably low for the insurance
provided and continued use of it would endanger solvency of the insurer, or unless the
use of such rate by the insurer using such rate has, or will, if continued, tend to destroy
competition or create a monopoly;
(4)(2) Consideration shall be given to the extent applicable to past and prospective loss
experience within and outside this state, to conflagration and catastrophe hazards, to a
reasonable margin for underwriting profit and contingencies, to past and prospective
expenses both country wide and those specially applicable to this state, to the insurer's
average yield from investment income, and to all other factors, including judgment
factors, deemed relevant within and outside this state; and, in the case of fire insurance
rates, consideration may be given to the experience of the fire insurance business during
the most recent five-year period;
(5)(3) Consideration may also be given, in the making and use of rates, to dividends,
savings, or unabsorbed premium deposits allowed or returned by insurers to their
policyholders, members, or subscribers;
(6)(4) The systems of expense provisions included in the rates for use by any insurer or
group of insurers may differ from those of other insurers or groups of insurers to reflect
the operating methods of any such insurer or group with respect to any kind of insurance
or with respect to any subdivision or combination thereof;
(7)(5) Risks may be grouped by classifications for the establishment of rates and
minimum premiums. Classification rates may be modified to produce rates for individual
risks in accordance with rating plans which establish standards for measuring variations
in hazards or expense provisions, or both. Such standards may measure any difference
among risks that have a probable effect upon losses or expenses. Classifications or
modifications of classifications of risks may be established based upon size, expense,
management, individual experience, location or dispersion of hazard, or any other
reasonable considerations. Such classifications and modifications shall apply to all risks
under the same or substantially the same circumstances or conditions; provided, however,
the Commissioner shall establish the maximum amount of any such modification;
(8)(6) Nothing contained in this Code section or elsewhere in this chapter shall be
construed to repeal or modify Chapter 6 of this title, relating to unfair trade practices, and
any rate, rating classification, rating plan or schedule, or variation thereof established in
violation of Chapter 6 of this title shall, in addition to the consequences stated in Chapter
6 of this title or elsewhere, be deemed violative of to violate this Code section;
(9)(7) No insurer shall base any standard or rating plan on vehicle insurance, in whole
or in part, directly or indirectly, upon race, creed, or ethnic extraction; and
(10)(8) No insurer shall base any standard or rating plan on vehicle insurance, in whole
or in part, directly or indirectly, upon any physical disability of an insured unless the
disability directly impairs the ability of the insured to drive a motor vehicle."
SECTION 2.
Said title is further amended in said chapter by revising subsection (e) of Code
Section 33-9-21, relating to maintenance and filing rates, rating plans, rating systems, or
underwriting rules and examination of claim reserve practices by the Commissioner, as
follows:
"(e)(1) When a rate filing of an insurer required under subsection (d) of this Code section
results in any overall rate increase of 10 percent or more within any 12 month period or
when an insurer files for a rate increase more than two times within any 24 month period,
the Commissioner shall order an a financial and market conduct examination of that
insurer to determine the accuracy of the claim reserves, the applicability of the claim
reserve practices for the loss data used in support of such filing, and any other component
of the rate filing, such insurer's compliance with federal and state laws and regulations,
and such insurer's marketing practices, claims handling, complaint handling, and
policyholder service; provided, however, that in the event the overall increase is less than
25 percent within any 12 month period and the Commissioner affirmatively determines
that he or she has sufficient information to evaluate such rate increase and that the cost
thereof would not be justified, he or she may waive all or part of such examination. In
all other rate filings required under subsection (d) of this Code section, the Commissioner
may order an a financial and market conduct examination of that insurer as provided in
this subsection. Such examination shall be conducted in accordance with the provisions
of Chapter 2 of this title. Upon notification by the Commissioner of his or her intent to
conduct such examination, the insurer shall be prohibited from placing the rates so filed
in effect until such examination has been reviewed and certified by the Commissioner as
being complete. Such examination, if conducted by the Commissioner, shall be reviewed
and certified within 90 45 days of the date such rate, rating plan, rating system, or
underwriting rule is filed; provided, however, that, if the Commissioner makes an
affirmative finding that the examination may not be completed within the 90 day such
period, he or she may extend such time for one additional 60 45 day period.
(2) The Commissioner shall conduct a public hearing within 30 days of the completion
of any examination conducted pursuant to this subsection. The Commissioner shall be
authorized to take depositions, subpoena witnesses, administer oaths or affirmations,
examine any individual under oath, and compel the production of records, books, papers,
and other documents, including, but not limited to, a detailed actuarial report
demonstrating the necessity of the proposed rate increase based on claims trends, risk
factors, and financial solvency; a breakdown of administrative expenses, claim costs, and
anticipated profit margins; a statement on how the proposed rate increase shall affect
policyholders, including families, small businesses, and commercial enterprises in this
state; historical past rate changes and corresponding justifications for the preceding five
years; and any other documents deemed necessary. Any examination hearing required
under this Code section subsection shall be conducted in accordance with Chapter 2 of
this title."
SECTION 3.
Said title is further amended in said chapter by revising Code Section 33-9-41, which is
designated as reserved, as follows:
"33-9-41.
(a) On and after July 1, 2026, the Commissioner shall maintain on the department's
website in a readily accessible format any rate increases in insurance plans, as
demonstrated by the percentage increase from the prior year's premium, based on rates,
rating plans, rating systems, and underwriting rules filed pursuant to Code Section 33-9-21.
Such data shall be organized by line of insurance and by insurer and shall indicate whether
an examination or hearing was conducted.
(b) On and after July 1, 2026, any domestic, foreign, or alien insurer that is authorized to
write insurance in this state shall publish on its website in a readily accessible format any
rate increases in insurance plans, as demonstrated by the percentage increase from the prior
year's premium, based on rates, rating plans, rating systems, and underwriting rules filed
pursuant to Code Section 33-9-21. Such insurer may offer any explanations for such rate
increases and may indicate when rates stayed the same or decreased.
(c) The data published as provided for in subsections (a) and (b) of this Code section shall
be based on data in existence on or after January 1, 2019, and shall be updated annually and
whenever a rate is increased. Reserved."
SECTION 4.
Said title is further amended in Chapter 66, relating to data analysis for tort reform, by
revising subsection (a) of Code Section 33-66-5, relating to data requests, timing, and
limitations, as follows:
"(a) No later than July 1, 2024, and as often as necessary through July 1, 2029 2035, the
Commissioner shall request data from insurers, licensed rating organizations, and state
agencies for the Commissioner to make findings regarding the impact of tort lawsuits and
the assessment of tort related risks. The Commissioner may allow for the confidential
submission of such requested data via electronic means."
SECTION 5.
Said title is further amended in said chapter by revising Code Section 33-66-7, relating to
subsequent reports, as follows:
"33-66-7.
(a) The Commissioner shall generate a subsequent report in substantially similar form to
the initial report provided for in Code Section 33-66-6, and such subsequent report shall
include but not be limited to:
(1) Historic and predictive trends based on submitted data;
(2) The effects of any enacted tort reform legislation, including any savings or other
benefits passed on to policyholders, the general public, and the state. Such findings may
be based on analysis of any data available to the Commissioner, including data submitted
to the Commissioner pursuant to Code Section 33-66-5 or the department pursuant to this
title, including, but not limited to, reported earned premiums, requests for rate increases,
the number of insurers issuing liability policies in this state or applying for or renewing
a certificate of authority in this state, and the number of insurers deleting lines of
business, withdrawing from the business of insurance, or surrendering a certificate of
authority in this state; and
(3) Any further determinations or recommendations for legislative action.
(b) No later than November 1, 2029, the Commissioner shall submit the subsequent report
provided for in subsection (a) of this Code section to the Governor's Office office, the
House Committee on Insurance, and the Senate Insurance and Labor Committee, and the
presiding officers of both houses of the General Assembly and shall notify legislators of
the General Assembly of the availability of such report. The Commissioner shall publish
such report on the department's website in a prominent location."
SECTION 6.
Said title is further amended in said chapter by revising Code Section 33-66-8, relating to
repealer, as follows:
"33-66-8.
This chapter shall stand repealed in its entirety on January 1, 2030 2036."
SECTION 7.
This Act shall become effective upon its approval by the Governor or upon its becoming law
without such approval.
SECTION 8.
All laws and parts of laws in conflict with this Act are repealed.
## Summaries written by Georgia Commons
The following was written by claude-sonnet-5 from the text above and is not part of the bill. Quote the text, not the summary.
House Bill 902 would tighten Georgia's oversight of insurance rate increases after the state's 2025 tort reform law, requiring more examinations, public hearings, and published rate data, while extending state tracking of tort reform's effects on insurance rates through 2035.
### Plain-language summary
Georgia currently limits when insurance rates can be found excessive, inadequate, or unfairly discriminatory, and only triggers a state examination of an insurer's rate filing under specific conditions. This bill adds clear definitions of those terms to the law regulating insurance rates (O.C.G.A. Title 33, Chapter 9), presuming a rate increase is 'excessive' if it is 10 percent or more in a year or filed twice or more in 24 months. It expands when the Insurance Commissioner must examine an insurer, adds a required public hearing with subpoena power after any such examination, and shortens the time allowed to complete examinations from 90 to 45 days.
The bill also requires the Commissioner and insurers to publish rate increase data on their websites starting July 1, 2026, going back to 2019 data. Separately, it extends the state's tort reform data collection program (created after Georgia's 2025 tort reform law) from ending in 2029 to ending in 2035, requires future reports to specifically address savings passed on to policyholders, and pushes the chapter's repeal date from 2030 to 2036. The law would take effect as soon as the Governor signs it.
### What it does
- Adds legal definitions of 'excessive,' 'inadequate,' and 'unfairly discriminatory' insurance rates, presuming a rate hike of 10 percent or more in a year, or two or more filings in 24 months, is excessive.
- Requires the Insurance Commissioner to order a financial and market conduct examination whenever an insurer raises rates by 10 percent or more in a year or files for increases more than twice in 24 months, removing an existing waiver for increases under 25 percent.
- Shortens the deadline for the Commissioner to complete and certify a rate filing examination from 90 to 45 days, with a shorter possible extension.
- Adds a required public hearing within 30 days after any rate examination, giving the Commissioner power to subpoena witnesses and demand detailed actuarial and financial records.
- Requires the Department of Insurance and individual insurance companies to publish rate increase data on their websites starting July 1, 2026, covering data back to January 1, 2019.
- Extends the deadline for the state's tort reform data collection program from July 1, 2029 to July 1, 2035, and delays the automatic repeal of that program from 2030 to 2036.
### Who it affects
Insurance companies licensed to sell coverage in Georgia, the Georgia Department of Insurance and the Insurance Commissioner, policyholders and consumers who buy home, auto, or business insurance, and General Assembly committees that oversee insurance and receive the Commissioner's reports.
### Why it matters
Georgians who buy insurance would get more visibility into how much rates have risen and why, since insurers and the state would have to post rate-increase data online. Insurers facing rate hikes would face more frequent state examinations, public hearings, and document demands, and the state would track tort reform's effect on rates for six more years.
### Key provisions
- Section 1 rewrites O.C.G.A. § 33-9-4 to define 'excessive,' 'inadequate,' and 'unfairly discriminatory' rates, with a presumption of excessiveness for large or frequent increases.
- Section 2 amends O.C.G.A. § 33-9-21(e) to lower the trigger for a mandatory examination, remove the waiver for smaller increases, add a required public hearing with subpoena and document-production powers, and shorten examination deadlines from 90/60 days to 45/45 days.
- Section 3 rewrites O.C.G.A. § 33-9-41 (previously reserved) to require the Commissioner and individual insurers to publish rate increase data online starting July 1, 2026, based on data from 2019 onward.
- Section 4 extends the tort reform data collection deadline in O.C.G.A. § 33-66-5 from July 1, 2029 to July 1, 2035.
- Section 5 amends O.C.G.A. § 33-66-7 to require the Commissioner's subsequent report to address savings or benefits from tort reform passed on to policyholders and the public, and to require publication of the report on the department's website and notice to the full General Assembly.
- Section 6 extends the repeal date of Chapter 66 (the tort reform data analysis chapter) from January 1, 2030 to January 1, 2036.
- Section 7 makes the Act effective immediately upon the Governor's signature or upon becoming law without signature.
## Status
- Status: Introduced (2025-04-02)
- Last action: House Second Readers (2026-01-12)
- Sponsors: Todd Jones, Carter Barrett, Noel Williams, Demetrius Douglas, Trey Kelley
- Official page: https://www.legis.ga.gov/legislation/71975
> The history, votes, and amendments (129 characters) are at https://georgiacommons.org/bills/2025-2026/hb902.md?full=1