Georgia State Insurance Laws Exam
2025 Questions and Answers
Chief Executive Officer of the Office of Insurance - --Answer --Insurance
and Safety Fire Commissioner (Commissioner)
What is the Ins. Commissioner's term of office? - --Answer --4 years
Chief Deputy Commissioner - --Answer --Appointed by commissioner and
assumes duties if the commissioner is disabled or absent
Powers of Commissioner - --Answer --Regulation
Examination of records
Investigation
Hearing and judicial review
Issuing penalties
Regulatory Authority - --Answer --The Commissioner is given the authority
to enforce the laws related to insurance created by the state legislature. Likewise,
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
,the commissioner is granted the authority to produce rules related to
administration and enforcement of such laws.
The legality of any rule is determined by the State Attorney General.
Examination - --Answer --When the Commissioner feels it is necessary, he
may examine insurance companies' authorized to do business in Georgia related to
transactions, accounts, records and assets and other facts relative to its business
methods, management and dealings with policyowners.
How often are companies subject to Examination - --Answer --Every 5
years
Who is examined every 5 years - --Answer --Domestic Insurance Companies
and rating organizations.
Who is SUBJECT to examination - --Answer --insurance agent, subagent,
broker, counselor, adjuster or other licensed person. Any person with a contract
granting a dominant right of control of an insurance company. Those persons
controlling the management of, or involved in the creation or promotion of an
insurance co. or an insurance co. holding company
Investigation - --Answer --To gather information related to the activities of
insurance companies, agents, and others in the conduct of insurance transactions.
The Commissioner may hold hearings to discover possible violations. They are
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
,empowered to subpoena witnesses and ask questions of those commanded to
those hearings.
Hearing and Judicial Review - --Answer --The Commissioner may hold a
hearing based upon his belief that there is a possible violation of the Insurance
Code or in response to a written demand made by any person who feels they have
been wronged under Georgia insurance law.
After a person has complained and the Commissioner feels that grounds for the
hearing exist...the hearing will be held within 30 days of the demand. The
Commissioner will serve notice of hearings by registered mail. The Commissioner
may preside or assign a designated representative as a hearing officer
Penalties - --Answer --The Commissioner has the right to impose any
penalty or remedy provided by the law against any person who has been
investigated and found responsible for a violation without a hearing. If the
wrongdoer wishes a hearing they must make such request within 10 days of receipt
of the order.
If found in violation of the law, what are the actions taken by the Commissioner's
office - --Answer --a) to cease and desist (stop) from engaging in that act or
practice.
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, b) to be placed on probation for a period of time not exceed 1 year for each and
every violation.
c) payment of fine of not more than $1,000 for each violation, unless the violator
did it knowingly and in that case the penalty shall not be more than $5,000 for each
violation.
d) a person or organization who fails to pay the penalty after it becomes final is
subject to a judgment ordered by the appropriate court upon request of the
Commissioner.
If the Commissioner feels a violation warrants criminal prosecution, what happens
- --Answer --He turns it over to the appropriate authorities
Domestic Insurer - --Answer --insurance company formed (or chartered)
under the laws
of Georgia.
Foreign Insurer - --Answer --insurance company formed (or chartered)
under the laws of
another state or government of the United States.
Alien Insurer - --Answer --insurance company formed (or chartered) under
the laws of
country other than the United States.
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2025 Questions and Answers
Chief Executive Officer of the Office of Insurance - --Answer --Insurance
and Safety Fire Commissioner (Commissioner)
What is the Ins. Commissioner's term of office? - --Answer --4 years
Chief Deputy Commissioner - --Answer --Appointed by commissioner and
assumes duties if the commissioner is disabled or absent
Powers of Commissioner - --Answer --Regulation
Examination of records
Investigation
Hearing and judicial review
Issuing penalties
Regulatory Authority - --Answer --The Commissioner is given the authority
to enforce the laws related to insurance created by the state legislature. Likewise,
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
,the commissioner is granted the authority to produce rules related to
administration and enforcement of such laws.
The legality of any rule is determined by the State Attorney General.
Examination - --Answer --When the Commissioner feels it is necessary, he
may examine insurance companies' authorized to do business in Georgia related to
transactions, accounts, records and assets and other facts relative to its business
methods, management and dealings with policyowners.
How often are companies subject to Examination - --Answer --Every 5
years
Who is examined every 5 years - --Answer --Domestic Insurance Companies
and rating organizations.
Who is SUBJECT to examination - --Answer --insurance agent, subagent,
broker, counselor, adjuster or other licensed person. Any person with a contract
granting a dominant right of control of an insurance company. Those persons
controlling the management of, or involved in the creation or promotion of an
insurance co. or an insurance co. holding company
Investigation - --Answer --To gather information related to the activities of
insurance companies, agents, and others in the conduct of insurance transactions.
The Commissioner may hold hearings to discover possible violations. They are
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
,empowered to subpoena witnesses and ask questions of those commanded to
those hearings.
Hearing and Judicial Review - --Answer --The Commissioner may hold a
hearing based upon his belief that there is a possible violation of the Insurance
Code or in response to a written demand made by any person who feels they have
been wronged under Georgia insurance law.
After a person has complained and the Commissioner feels that grounds for the
hearing exist...the hearing will be held within 30 days of the demand. The
Commissioner will serve notice of hearings by registered mail. The Commissioner
may preside or assign a designated representative as a hearing officer
Penalties - --Answer --The Commissioner has the right to impose any
penalty or remedy provided by the law against any person who has been
investigated and found responsible for a violation without a hearing. If the
wrongdoer wishes a hearing they must make such request within 10 days of receipt
of the order.
If found in violation of the law, what are the actions taken by the Commissioner's
office - --Answer --a) to cease and desist (stop) from engaging in that act or
practice.
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3
, b) to be placed on probation for a period of time not exceed 1 year for each and
every violation.
c) payment of fine of not more than $1,000 for each violation, unless the violator
did it knowingly and in that case the penalty shall not be more than $5,000 for each
violation.
d) a person or organization who fails to pay the penalty after it becomes final is
subject to a judgment ordered by the appropriate court upon request of the
Commissioner.
If the Commissioner feels a violation warrants criminal prosecution, what happens
- --Answer --He turns it over to the appropriate authorities
Domestic Insurer - --Answer --insurance company formed (or chartered)
under the laws
of Georgia.
Foreign Insurer - --Answer --insurance company formed (or chartered)
under the laws of
another state or government of the United States.
Alien Insurer - --Answer --insurance company formed (or chartered) under
the laws of
country other than the United States.
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