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 120-2-74 - ACTUARIAL OPINION AND MEMORANDUM REGULATION
Rule 120-2-74-.01 - Purpose
Universal Citation: GA Rules and Regs r 120-2-74-.01
Current through Rules and Regulations filed through September 23, 2024
The purpose of this regulation is to prescribe:
(1) requirements for statements of actuarial opinion that are to be submitted in accordance with O.C.G.A. § 33-10-13(b.1), and for memoranda in support thereof;
(2) rules applicable to the appointment of an appointed actuary; and
(3) guidance as to the meaning of "adequacy of reserves."
O.C.G.A. Secs. 33-2-9, 33-2-10, 33-10-13.
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