Requirement by Rating Organizations of Membership by All Insurers Having Common Ownership or Operating Under Common Management

  1. Law
  2. Georgia Code
  3. Insurance
  4. Regulation of Rates, Underwriting Rules, and Related Organizations
  5. Requirement by Rating Organizations of Membership by All Insurers Having Common Ownership or Operating Under Common Management

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If two or more insurers having a common ownership or operating in this state under common management are admitted for the classes or types of insurance for which a rating organization is licensed to make rates, the rating organization may require as a condition to membership or subscribership of one or more that all the insurers shall become members or subscribers.

(Code 1933, § 56-519, enacted by Ga. L. 1967, p. 684, § 1.)


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