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 120-2-67 - PORTABILITY AND RENEWABILITY
Rule 120-2-67-.11 - Liabilities and Duties of Prior Insurers
Current through Rules and Regulations filed through March 20, 2024
(a) A prior insurer shall remain liable only to the extent of its accrued liabilities and extensions of benefits.
(b) In accordance with O.C.G.A. § 33-30-15(b)(2), an insurer must offer a conversion policy to any insured whose group health insurance coverage terminates, including termination of such group health insurance coverage after any period of continuation required under § 33-24-21.1 or the provisions of the federal Consolidated Omnibus Budget Reconciliation Act (COBRA) Section 601, et seq. of the Employee Retirement Income Security Act of 1974, as amended, 29 U.S.C. Section 1611et seq.
O.C.G.A. Sec. 33-2-9, 33-30-15.
