Filing Scoring Models With Commissioner; Confidential Nature of Filing

  1. Law
  2. Georgia Code
  3. Insurance
  4. Insurance Generally
  5. Underwriting and Rate Risking
  6. Filing Scoring Models With Commissioner; Confidential Nature of Filing

Checkout our iOS App for a better way to browser and research.

  1. Insurers that use insurance scores to underwrite and rate risks must file their scoring models or other scoring processes with the Commissioner of Insurance. A third party may file scoring models on behalf of insurers licensed to do business in this state, provided that such third parties are on an approved list maintained by the Commissioner. A filing that includes insurance scoring may include loss experience justifying the use of credit information.
  2. Any filing relating to credit information is considered to be a trade secret and proprietary information of the entity filing the information. Such information shall not be subject to public disclosure and shall be exempt from disclosure under the provisions of Article 4 of Chapter 18 of Title 50.

(Code 1981, §33-24-95, enacted by Ga. L. 2003, p. 343, § 1; Ga. L. 2005, p. 60, § 33/HB 95.)


Download our app to see the most-to-date content.