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 120-2-71 - SALE OF ANNUITIES BY FINANCIAL INSTITUTIONS
Rule 120-2-71-.08 - Insurer Reporting

Universal Citation: GA Rules and Regs r 120-2-71-.08

Current through Rules and Regulations filed through March 20, 2024

(1) Any insurer marketing annuities in association with one or more financial institutions shall report the existence of such program and the volume of premium written when the gross annualized premium for such program or programs exceeds or is projected to exceed 10% of the gross annual premium for that line.

(2) Such report shall be made to the Commissioner of Insurance on Form GID 323INS and shall include:

(a) the program name;

(b) the name of the associated financial institution (including branches);

(d) the total annualized premium.

O.C.G.A. Secs. 33-2-9, 33-3-23.

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