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 120-2-49 - ADMINISTRATOR REGULATION
Rule 120-2-49-.17 - Unfair Practices; Marketing of Unapproved Products
Current through Rules and Regulations filed through September 23, 2024
(1) No administrator, nor their officers, directors, partners, trustees, agents or employees shall engage in any unfair trade practice defined in Chapter 6 of Title 33 of the Official Code of Georgia Annotated, or determined pursuant to this rule to be an unfair or deceptive act or practice. The provisions of Chapter 6 apply to administrators and their officers, directors, partners, trustees, agents or employees.
(2) In addition to the practices deemed unfair and deceptive in Chapter 6 of Title 33 of the Official Code of Georgia Annotated, it shall be deemed an unfair or deceptive practice for any administrator, officer, director, partner, trustee, agent or employee to commit or perform any of the following:
(3) A licensed administrator is not permitted to market or administer any insurance product not approved in this state or that is issued by a non-admitted insurer or unauthorized multiple employer self-insured health plan.
O.C.G.A. Secs. 33-2-9, 33-23-100et seq., 33-23-101, 33-23-105.
