Georgia CommonsTitle 33. INSURANCE · Chapter 3. AUTHORIZATION AND GENERAL REQUIREMENTS FOR TRANSACTION OF INSURANCE
33-3-5. Classification of kinds of insurance.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
For the purpose of this chapter, the kinds of insurance defined in Chapter 7 of this title shall be arranged in the following six classes:
- (1)
Life, accident, and sickness;#
- (2)
Property, marine, and transportation;#
- (3)
Casualty;#
- (4)
Surety;#
- (5)
Title; and#
- (6)
Health maintenance organization.#
Each of the groups numbered (1) through (6) shall constitute a class of insurance.
History
Code 1933, § 56-305, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1990, p. 1275, § 1; Ga. L. 2019, p. 337, § 1-16/SB 132. The 2019 amendment, effective July 1, 2019, substituted ‘‘Health maintenance organization’’ for ‘‘Health Maintenance Organization’’ in paragraph (6).
Editor's notes
Ga. L. 1990, p. 1275, § 7, not codified by the General Assembly, provides that the 1990 amendment is ‘‘effective for purposes of application to new or newly admitted insurers on January 1, 1991, and effective for all purposes on July 1, 1992.’’
Law reviews
For article discussing restrictions on the establishment and transaction of business by a foreign insurer in Georgia with emphasis on threshold requirements for establishment by alien insurers, see 27 Mercer L. Rev. 629 (1976).
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-ch1-22-(v24)-2020-pdf.pdf, Volume V24, 2020 edition, pages 106 to 107; merge action: carried; file SHA-256 4ecec175d949.
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