Ga. Comp. R. & Regs. R. 513-7-1-.21 - Determination of Substantial Equivalency

For purposes of premium tax calculations under O.C.G.A. § 47-7-61(a)(2) only, the ratings standards filed by the American Association of Insurance Services with the Georgia Commissioner of Insurance, as of August 18, 2015, and which have not been disapproved by the Commissioner, are substantially equivalent and utilizes similar ratings as compared to the standards set forth in the Fire Suppression Rating Schedule published by the Insurance Services Office, a rating organization licensed by the Commission of Insurance and filed with the Georgia Commissioner of Insurance.

Notes

Ga. Comp. R. & Regs. R. 513-7-1-.21

O.C.G.A. §§ 47-7-23, 47-7-61.

Original Rule entitled "Determination of Substantial Equivalency" adopted. F. Nov. 15, 2016; eff. Dec. 5, 2016.