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Current as of March 28, 2024 | Updated by Findlaw Staff
(a) An insurer shall not engage the services of any person, firm, association, or corporation to act as a broker on its behalf unless such person is licensed as required by subsection (a) of Code Section 33-49-3.
(b) An insurer may not employ an individual who is employed by a broker with which it transacts business unless such broker is under common control with the insurer and subject to Chapter 13 of this title.
(c) The insurer shall annually obtain a copy of statements of the financial condition of each broker with which it transacts business.
Cite this article: FindLaw.com - Georgia Code Title 33. Insurance § 33-49-6 - last updated March 28, 2024 | https://codes.findlaw.com/ga/title-33-insurance/ga-code-sect-33-49-6/
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