Insurance GA laws P&C questions with correct answers

A client may pay a fee to an insurance agent in Georgia as long as the fee has a maximum de minimum value of CORRECT ANSWER 45$ An insurer doesn't need a reason to cancel for terminating a property or casualty policy that has been in effect less than CORRECT ANSWER 60 days The commissioner must hold a hearing within how many days of written demand by an aggrieved person? CORRECT ANSWER 30 days An agents appointment letter may be revoked by the ? CORRECT ANSWER Insurer Who may subpoena witnesses and documents at a hearing? CORRECT ANSWER Both the commissioner and the affected party GAIP CORRECT ANSWER apportions applicants among existing insurers The Georgia work comp assigned risk plan will assign a work comp policy to a private insurer if the business has been rejected by how many private work comp insurers? CORRECT ANSWER 4 Medical malpractice insurers must notify which of the following of claim payments writhing 30 days? CORRECT ANSWER The insurance commisioner The maximum length of time a written or oral binder will be effective under Georgia law is? CORRECT ANSWER