The State of Georgia has announced a hearing scheduled for June 4, 2025, to discuss proposed amendments to the Rules and Regulations of the Office of the Commissioner of Insurance. This initiative is in accordance with several sections of the Georgia Administrative Procedure Act.
The proposals include several key changes. Among them are amendments to Rule 120-2-3-.09, Rule 120-2-3-.19, and Rule 120-2-3-.21 to remove provisions related to Universal Claims Certification. Additionally, Rule 120-2-3-.12 will be amended to allow education providers to use advanced technology for online courses.
A new rule, Rule 120-2-23-.24, is set to establish group capital calculation requirements aligning with accreditation standards from the National Association of Insurance Commissioners. Furthermore, annual renewals for Third Party Administrators will move from March to August under an amendment to Rule 120-2-49-.11.
Rule 120-2-72-.05 will be revised to define minimum tax amounts for contributions by small businesses towards a special fraud assessment fund. Arbitration requirements will also be updated under Rule 120-2-106-.10 in line with recent legislative changes in GA HB 295.
Several rules pertaining to Independent Review Organizations (IROs) are slated for clarification or amendment: Rules 120-2-111-.01 and .03 address certification requirements; Rule 120-2-111-.02 clarifies definitions; and Rule 120–2–111–.14 provides measures against duplicate review requests.
These proposals are available at the Administrative Procedure Division’s office located at the Floyd Building in Atlanta. Written comments on these proposals can be submitted until May 28, 2025. The public hearing on June 4 will provide an opportunity for oral comments as well.
For further information or assistance regarding this notice, individuals may contact Jeremy Betts at the Administrative Procedure Division via telephone or mail.
