Compilation of Rules and Regulations of the State of Georgia
Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER
Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE
Subject 120-2-18 - BUSINESS REQUIREMENTS
Rule 120-2-18-.09 - Insurer 384 Liability Report
Current through Rules and Regulations filed through September 23, 2024
(1) Each insurer licensed in this State to write property and casualty insurance business within or without this State shall file on or before March 1 of each year a report of its business and affairs as of December 31 of the calendar year then next preceding in accordance with instructions provided by the Commissioner. Such report shall reflect the necessary information about the premiums written on motor vehicle bodily injury liability, including medical pay insurance, product liability premiums, medical malpractice premiums, architects and engineers malpractice premiums, attorneys malpractice premiums, motor vehicle personal injury protection premiums, motor vehicle property liability insurance, underinsured and uninsured motorist premiums and other liability premiums. Such insurer shall supply and insert all information and data necessary to truthfully complete each blank space on such report unless it is unequivocally clear that such space has no application to such insurer. Such insurer shall supply the above-referenced information on Form GID-42, a copy of which can be obtained from Commissioner. Form GID-42 shall be subscribed to and attested by the respective officers listed on said Form.
(2) In completing Form GID-42, the following definitions shall apply:
(3) Investment income shall be allocated by the direct premiums earned for the appropriate line of business divided by the net premiums earned for the appropriate line of business times the net investment gain or loss and other income for appropriate line of business.
O.C.G.A. Sec. 33-2-9.
