06 AM 28
0717
LOST
Senators
Thompson of the 33rd and Adelman of the 42nd offered the following
amendment:
Amend
HB 1444 by inserting after "Act;"
on line 3 on page
1 "to amend Chapter 3 of Title 33 of the
Official Code of Georgia Annotated, relating to authorization and general
requirements for the transaction of insurance, so as to require the publication
of certain information by insurance companies;"
By
redesignating Sections 2 and 3 as Sections 3 and 4, respectively, and inserting
after line 12 on page 1 the following:
SECTION
2.
Chapter
3 of Title 33 of the Official Code of Georgia Annotated, relating to
authorization and general requirements for the transaction of insurance, is
amended by adding a new Code Section 33-3-21.4 to read as follows:
"33-3-21.4.
All
insurance companies regulated by the Commissioner shall publish once per
calendar year in the legal organ of the county of their Georgia headquarters a
statement of financial condition as well as the numbers of rate increase
requests filed during that same
year."