GEORGIA INSURANCE LAWS PROPERTY
AND CASUALTY REGULATION STUDY
GUIDE QUESTIONS ANSWERS RISK AND
UNDERWRITING ANALYSIS 2026
◉ Administrative fines by the Commissioner for certain acts of
officers, employees, agents or representatives (33-3-20)
Answer: After a hearing, the commissioner may impose fines for :
• Failed to use due diligence in processing all claims, failed to pay
claims in a timely manner, failed to provide required information,
failed to pay claims when due, refused without just cause to pay
proper claims under policies it has written; or
• Compelled insureds or claimants entitled to proceeds of its
policies in this state to accept less than the amount due them; or
• Accepted money, trade stamps, gifts or other items of value in
return for referring auto and other property repair business to a
particular auto repairer or glass company,
◉ What are the amounts of administrative fines
Answer: The fine shall not exceed $1,000 for each violation;
however, if the violation is shown to be willful, the fine for each
violation is no more than $5,000 per violation.
,◉ Agent's certificate of authority (33-23-26)
Answer: Insurance companies authorized to do business in Georgia
must obtain an agent's certificate of authority for each agent
representing the insurance company in the selling, soliciting or
negotiating of contracts.The certificate of authority shall not become
effective until the date the applicant is granted a license by the
Commissioner.
◉ What do you receive when you are authorized to sell insurance by
the state of Ga
Answer: An agents (producers) license
◉ What do you receive when you are appointed by an insurance
company to represent them
Answer: An Agent's Certificate of Authority
◉ LICENSE REQUIREMENTS OF AGENTS AND
COUNSELORS
Answer: No person or company shall sell, solicit or negotiate
insurance in the State for any type of insurance unless they are
licensed for that line (type) of insurance. Individuals must be
licensed as producers before selling, soliciting or
negotiating insurance.
,◉ What are the requirements to have an application approved
(producers)
Answer: • Be at least 18 years old.
• Reside and be present within the State of Georgia for at least 6
months every year (Snowbird exclusion).
• Committed no acts that the insurance code says is a basis for
denial, suspension or revocation of a license. This includes such
things as lying on the application or a conviction of a felony
(especially the theft of money).
• Completed a prelicensing course of study for the lines of insurance
for which you are applying (unless you are exempted). All courses
must be approved by the Commissioner's office. Life, Accident and
Sickness as well as Property and Casualty lines require 40 hours of
course work and 30 hours is required for P&C Personal Lines
• Passed an examination for the lines of insurance which the
person is applying (unless you are exempted)
• Paid any and all required fees
◉ What lines of ins can you be licensed for if you meet the
requirements
Answer: 1. Life
2. Accident and health or sickness
3. Variable products - insurance coverage provided under variable
life and variable annuity contracts
, 3. Property - coverage for direct or consequential loss or damage to
property of every kind
4. Casualty - coverage against legal liability for damage to real or
personal property
5. Property and Casualty
6. Personal lines - property and casualty insurance coverage sold to
individuals and family units
7. Property and Casualty Counselor
8. Life, Accident & Sickness Counselor
◉ What can you sell under a limited lines license
Answer: credit insurance products or certain coverages related to
the rental of vehicles. Credit insurance products include credit life
and credit accident and sickness insurance, credit casualty and/or
property insurance, credit unemployment insurance, accidental
death and dismemberment insurance and vendor's single interest.
Rental insurance can include personal accident insurance, auto
liability insurance,
personal effects insurance and roadside assistance.
◉ Who does not need to hold a Producers license
Answer: 1. Officer's, director's or employees of an insurance
company or an insurance agency if that person does not receive any
commission on policies written or sold to insure risks located in the
State of Georgia.
AND CASUALTY REGULATION STUDY
GUIDE QUESTIONS ANSWERS RISK AND
UNDERWRITING ANALYSIS 2026
◉ Administrative fines by the Commissioner for certain acts of
officers, employees, agents or representatives (33-3-20)
Answer: After a hearing, the commissioner may impose fines for :
• Failed to use due diligence in processing all claims, failed to pay
claims in a timely manner, failed to provide required information,
failed to pay claims when due, refused without just cause to pay
proper claims under policies it has written; or
• Compelled insureds or claimants entitled to proceeds of its
policies in this state to accept less than the amount due them; or
• Accepted money, trade stamps, gifts or other items of value in
return for referring auto and other property repair business to a
particular auto repairer or glass company,
◉ What are the amounts of administrative fines
Answer: The fine shall not exceed $1,000 for each violation;
however, if the violation is shown to be willful, the fine for each
violation is no more than $5,000 per violation.
,◉ Agent's certificate of authority (33-23-26)
Answer: Insurance companies authorized to do business in Georgia
must obtain an agent's certificate of authority for each agent
representing the insurance company in the selling, soliciting or
negotiating of contracts.The certificate of authority shall not become
effective until the date the applicant is granted a license by the
Commissioner.
◉ What do you receive when you are authorized to sell insurance by
the state of Ga
Answer: An agents (producers) license
◉ What do you receive when you are appointed by an insurance
company to represent them
Answer: An Agent's Certificate of Authority
◉ LICENSE REQUIREMENTS OF AGENTS AND
COUNSELORS
Answer: No person or company shall sell, solicit or negotiate
insurance in the State for any type of insurance unless they are
licensed for that line (type) of insurance. Individuals must be
licensed as producers before selling, soliciting or
negotiating insurance.
,◉ What are the requirements to have an application approved
(producers)
Answer: • Be at least 18 years old.
• Reside and be present within the State of Georgia for at least 6
months every year (Snowbird exclusion).
• Committed no acts that the insurance code says is a basis for
denial, suspension or revocation of a license. This includes such
things as lying on the application or a conviction of a felony
(especially the theft of money).
• Completed a prelicensing course of study for the lines of insurance
for which you are applying (unless you are exempted). All courses
must be approved by the Commissioner's office. Life, Accident and
Sickness as well as Property and Casualty lines require 40 hours of
course work and 30 hours is required for P&C Personal Lines
• Passed an examination for the lines of insurance which the
person is applying (unless you are exempted)
• Paid any and all required fees
◉ What lines of ins can you be licensed for if you meet the
requirements
Answer: 1. Life
2. Accident and health or sickness
3. Variable products - insurance coverage provided under variable
life and variable annuity contracts
, 3. Property - coverage for direct or consequential loss or damage to
property of every kind
4. Casualty - coverage against legal liability for damage to real or
personal property
5. Property and Casualty
6. Personal lines - property and casualty insurance coverage sold to
individuals and family units
7. Property and Casualty Counselor
8. Life, Accident & Sickness Counselor
◉ What can you sell under a limited lines license
Answer: credit insurance products or certain coverages related to
the rental of vehicles. Credit insurance products include credit life
and credit accident and sickness insurance, credit casualty and/or
property insurance, credit unemployment insurance, accidental
death and dismemberment insurance and vendor's single interest.
Rental insurance can include personal accident insurance, auto
liability insurance,
personal effects insurance and roadside assistance.
◉ Who does not need to hold a Producers license
Answer: 1. Officer's, director's or employees of an insurance
company or an insurance agency if that person does not receive any
commission on policies written or sold to insure risks located in the
State of Georgia.
