---
title: O.C.G.A. § 33-23-43.4. Proof of financial responsibility.
collection: code
id: 33-23-43.4
cite_as: O.C.G.A. § 33-23-43.4 (2025)
canonical_url: https://georgiacommons.org/code/33-23-43.4
md_url: https://georgiacommons.org/code/33-23-43.4.md
text_url: https://georgiacommons.org/code/33-23-43.4/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t33-ch23-66-(v25)-pdf.pdf?sfvrsn=e52ed458_0#page=40
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
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previous: https://georgiacommons.org/code/33-23-43.3.md
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index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: INSURANCE / LICENSING / AGENTS, AGENCIES, SUBAGENTS, COUNSELORS, AND ADJUSTERS
---

# O.C.G.A. § 33-23-43.4. Proof of financial responsibility.

(a) As a continuing condition of licensure, a public adjuster may, at the Commissioner’s discretion, file proof of financial responsibility with respect to transactions with insureds under this chapter in an amount determined by the Commissioner by rule. The financial responsibility shall include the ability to pay sums that the public adjuster is obligated to pay under any judgment against such adjuster by an insured, based on an error, omission, fraud, negligent act, or unfair practice of such adjuster or any person for whose acts such adjuster is legally liable in the transaction of such adjuster’s business under this Code section.

(b) In determining the amount of the financial responsibility requirement, the Commissioner shall consider the nature of the obligation, other financial security requirements under this Code section, and financial security requirements adopted for public adjusters in other states. In determining the types of financial responsibility required, the Commissioner may consider a surety bond or a professional liability policy or similar policy or contract of professional liability coverage acceptable to the Commissioner.

(c) The requirements of this Code section are in addition to the bond requirements of Code Section 33-23-6 and relevant rules and regulations promulgated by the Commissioner.

## History

Code 1981, § 33-23-43.4, enacted by Ga. L. 2021, p. 365, § 4/HB 254.

## Effective Date

This Code section became effective July 1, 2021.