33-66-6. Data analysis; initial report.

Active

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

Repealed effective January 1, 2030.In force today: Repealed effective January 1, 2030.

(a)
The Commissioner shall analyze the data submitted pursuant to this chapter and make certain determinations regarding the assessment of tort related risks by insurers, including but not limited to:#
1. (1)
  The degree to which tort related risk is reflected in insurance premiums;#
2. (2)
  The specific aspects of tort related risk that have the largest monetary impact on insurance premiums; and#
3. (3)
  The potential impact of any changes to tort law on the portion of insurance premiums that reflect tort related risk.#
(b)
The Commissioner shall generate an initial report utilizing the items listed in subsection (a) of this Code section and any data or information necessary to support such determinations. The report may analyze any data in the Commissioner’s possession, any data gathered pursuant to this chapter, and any other data submitted to the Commissioner. The Commissioner may summarize, aggregate, or otherwise make anonymous the documents, materials, or other information in the possession or control of the department so that any information or data contained in the report shall not be attributable to any specific insurer.#
(c)
No later than November 1, 2024, the Commissioner shall submit the initial report provided for in subsection (b) of this Code section to the Governor’s office, the House Committee on Insurance, and the Senate Insurance and Labor Committee.#

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.

History

Code 1981, § 33-66-6, enacted by Ga. L. 2024, p. 152, § 3/HB 1114, effective April 22, 2024; Ga. L. 2025, p. 1029, § 33(2)/SB 153, effective July 1, 2025.

Amendments

The 2025 amendment, effective July 1, 2025, part of an Act to revise, modernize, and correct the Code, substituted “this Code section” for “this Code Section” in subsection (b), and substituted “Governor’s office,” for “Governor’s Office,” in subsection (c).

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-ch23-66-(v25)-pdf.pdf, Volume V25, 2020 edition, 2025 supplement, pages 182 to 183; merge action: added; file SHA-256 e6be8da2a3c1.

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