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 120-2-77 - LARGE COMMERCIAL INSURANCE RISK RATING
Rule 120-2-77-.01 - Purpose

Current through Rules and Regulations filed through September 23, 2024

The purpose and intent of this Regulation Chapter is to specifically recognize that the adherence to manual rules may not adequately service the unique needs of certain large commercial insurance risks and to permit, but not mandate, negotiated departure from manual rates for certain large commercial insurance risks. Nothing contained herein authorizes noncompliance with the rate making standards codified in O.C.G.A. § 33-9-4.

O.C.G.A. Secs. 33-2-9, 33-9-3, 33-9-4.

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