Ga. Comp. R. & Regs. R. 120-2-65-.01 - Intent and Purpose
(1) The intent of this Regulation Chapter is
to prohibit insurers from engaging in unfair discrimination due to the
fictitious grouping of risks based on criteria which are not actuarially
supported and shown to be relevant to risk. As such, it is the purpose of this
Regulation Chapter that no insurer shall condition the issuance, renewal or
other continuation of a private passenger automobile insurance policy by
placing a risk in a fictitious group based on characteristics enumerated
herein.
(2) Nothing containing
herein is intended to invalidate actuarially sound rating variables not in
conflict with any portion of O.C.G.A. Title 33.
(3) Nothing contained herein is intended to
limit or diminish the scope of prohibited underwriting practices found
elsewhere in the Georgia Insurance Code or the Rules and Regulations of the
Georgia Insurance Department.
Notes
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