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Georgia General Assembly > Legislation
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2005-2006 Regular Session - HB 407
Insurance; administrators; agents; insolvency pool; definitions and provisions
Sponsored By
Sponsored In Senate By
First Reader Summary
A BILL to be entitled an Act to amend Title 33 of the O.C.G.A., relating to insurance, so as to authorize the Commissioner to place administrators on probation and to provide penalties against administrators for certain violations; to provide for certain additional regulations of nonresident representatives who represent life insurers in certain military installations; to provide certain definitions; to provide for certain disclosures by counselors; to provide for certain exceptions; to provide for certain licensing for third party administrators; to provide certain procedures and standards for approval or rejection of such licenses; to provide for probationary licenses; to provide for certain bonds and insurance for administrators; to require administrators to be subject to certain examinations; to revise the provisions of law concerning the Georgia Insurers Insolvency Pool; to provide for certain definitions; to provide for applicability; to provide for related matters; to repeal conflicting laws; and for other purposes.
Status History
Jul/01/2005 - Effective Date
May/02/2005 - Act 108
May/02/2005 - House Date Signed by Governor
Apr/05/2005 - House Sent to Governor
Mar/29/2005 - House Agreed Senate Amend or Sub
Mar/24/2005 - Senate Passed/Adopted By Substitute
Mar/24/2005 - Senate Third Read
Mar/21/2005 - Senate Read Second Time
Mar/17/2005 - Senate Committee Favorably Reported By Substitute
Mar/12/2005 - Senate Read and Referred
Mar/11/2005 - House Passed/Adopted
Mar/11/2005 - House Third Readers
Mar/04/2005 - House Committee Favorably Reported
Feb/10/2005 - House Second Readers
Feb/09/2005 - House First Readers
Feb/08/2005 - House Hopper
Mar/29/2005 - House Vote #439Yea(141)Nay(0)NV(35)
Mar/24/2005 - Senate Vote #415Yea(45)Nay(0)NV(2)
Mar/11/2005 - House Vote #215Yea(162)Nay(0)NV(11)
Past Versions