Georgia § 33-9-23 - Examination of admitted insurers; examination of insurers transacting workers' compensation insurance.
Full text of Georgia Official Code of Georgia Annotated § 33-9-23 — Examination of admitted insurers; examination of insurers transacting workers' compensation insurance., with citation guidance and answers to common questions.
§ 33-9-23. Examination of admitted insurers; examination of insurers transacting workers' compensation insurance.
The Commissioner may, at any reasonable time, make or cause to be made an examination of every admitted insurer transacting any class of insurance to which this chapter is applicable to ascertain whether the insurer and every rate and rating system used by it for each class of insurance complies with the requirements and standards of this chapter applicable thereto. The examination shall not be a part of a periodic general examination participated in by representatives of more than one state. In addition to and apart from the examination required by subsection (a) of this Code section, the Commissioner may, at any reasonable time, examine or cause to be examined by some examiner duly authorized by him or her all insurers transacting workers' compensation insurance in this state. This examination will include a review of the loss ratios, reserves, reserve development information, expenses including commissions paid and dividends paid, investment income, pure premium data adjusted for loss development and loss trending, profits, and all other data and information used by that insurer in formulating its workers' compensation rates which are used in this state and any other information or data required by the Commissioner. Upon completion of this examination, a report in such form as the Commissioner shall prescribe shall be filed in his or her office. (Code 1933, § 56-524, enacted by Ga. L. 1967, p. 684, § 1; Ga. L. 1982, p. 644, § 4; Ga. L. 2019, p. 337, § 1-50/SB 132.) The 2019 amendment, effective July 1, 2019, in subsection (b), inserted "or her" in the first sentence and near the end of the last sentence and deleted "premium" following "workers' compensation" in the second sentence.
Frequently Asked Questions About Georgia § 33-9-23
What does Official Code of Georgia Annotated § 33-9-23 cover?
Section 33-9-23 ("Examination of admitted insurers; examination of insurers transacting workers' compensation insurance.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 33-9-23?
A common citation format is "Official Code of Georgia Annotated § 33-9-23" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 33-9-23 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.