{"data":{"id":"us-ga/o.c.g.a.-33-3-18","jurisdiction":"us-ga","citation":"O.C.G.A. § 33-3-18","heading":"Administrative supervision or suspension of certificate of authority for cause.","body":"The Commissioner may, without advance notice or a hearing thereon, place an insurer under administrative supervision or suspend immediately the certificate of authority of any insurer:\n(1) As to which proceedings for receivership, conservatorship, rehabilitation, or other delinquency proceedings have been commenced in any state by the public insurance supervisory official of such state;\n(2) Whose authority to do business in any state has been revoked, suspended, or restricted in any way by the public insurance supervisory official of such state; or\n(3) If upon examination or at any other time it appears in the Commissioner’s discretion that:\n(A) The insurer’s condition renders the continuance of its business hazardous to the public or to its insureds;\n(B) The insurer exceeded its powers granted under its certificate of authority and applicable law;\n(C) The insurer has failed to comply with the applicable provisions of this title;\n(D) The business of the insurer is being conducted fraudulently; or\n(E) The insurer gives its consent.","path":["TITLE 33 Insurance","CHAPTER 3 Authorization and General Requirements for Transaction of Insurance"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.33.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"8fcc5ba487f9cd9139aa1dcefb70e692971ecc904e7ee4d7ee2c8981e18956cd","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-33-3-17","next":"us-ga/o.c.g.a.-33-3-19"},"notice":"GroundRules: Original legal text. Not legal advice."}
