Official Code of Georgia Annotated

Title 33. INSURANCE · Chapter 24. INSURANCE GENERALLY · Article 4. UNDERWRITING AND RATE RISKING

33-24-95. Filing scoring models with Commissioner; confidential nature of filing.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

(a)
Insurers that use insurance scores to underwrite and rate risks must file their scoring models or other scoring processes with the Commissioner of Insurance. A third party may file scoring models on behalf of insurers licensed to do business in this state, provided that such third parties are on an approved list maintained by the Commissioner. A filing that includes insurance scoring may include loss experience justifying the use of credit information.#
(b)
Any filing relating to credit information is considered to be a trade secret and proprietary information of the entity filing the information. Such information shall not be subject to public disclosure and shall be exempt from disclosure under the provisions of Article 4 of Chapter 18 of Title 50.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

Code 1981, § 33-24-95, enacted by Ga. L. 2003, p. 343, § 1; Ga. L. 2005, p. 60, § 33/HB 95.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t33-ch23-65-(v25)-2020-pdf.pdf, Volume V25, 2020 edition, page 402; merge action: carried; file SHA-256 1cdfeaa4b73e.