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 120-2-72 - SPECIAL INSURANCE FRAUD FUND
Rule 120-2-72-.02 - Purpose
Universal Citation: GA Rules and Regs r 120-2-72-.02
Current through Rules and Regulations filed through September 23, 2024
The purpose of this Regulation Chapter is:
(a) to provide for the proper and expeditious investigation and prosecution of fraudulent insurance acts through the establishment of a Special Insurance Fraud Fund;
(b) to establish guidelines for the administration of the Special Insurance Fraud Fund, including the annual assessment of insurers doing business in this State;
(c) to provide terms and conditions for the use of the funds of the Special Insurance Fraud Fund.
O.C.G.A. Secs. 33-1-17, 33-2-9.
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