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 120-2-65 - PROHIBITED CRITERIA FOR PRIVATE PASSENGER AUTOMOBILE UNDERWRITING GUIDELINES
Rule 120-2-65-.01 - Intent and Purpose
Current through Rules and Regulations filed through September 23, 2024
(1) The intent of this Regulation Chapter is to prohibit insurers from engaging in unfair discrimination due to the fictitious grouping of risks based on criteria which are not actuarially supported and shown to be relevant to risk. As such, it is the purpose of this Regulation Chapter that no insurer shall condition the issuance, renewal or other continuation of a private passenger automobile insurance policy by placing a risk in a fictitious group based on characteristics enumerated herein.
(2) Nothing containing herein is intended to invalidate actuarially sound rating variables not in conflict with any portion of O.C.G.A. Title 33.
(3) Nothing contained herein is intended to limit or diminish the scope of prohibited underwriting practices found elsewhere in the Georgia Insurance Code or the Rules and Regulations of the Georgia Insurance Department.
O.C.G.A. Secs. 33-2-9, 33-6-5, 33-6-12, 33-24-45.
