2010 Georgia Code
TITLE 33 - INSURANCE
CHAPTER 33 - FAIR ACCESS TO INSURANCE REQUIREMENTS
§ 33-33-1 - Establishment of Fair Access to Insurance Requirements Plan and underwriting association

O.C.G.A. 33-33-1 (2010)
33-33-1. Establishment of Fair Access to Insurance Requirements Plan and underwriting association


All insurers licensed to write and writing property insurance in this state on a direct basis are authorized, subject to approval and regulation by the Commissioner, to establish and maintain a Fair Access to Insurance Requirements (FAIR) Plan and to establish and maintain an underwriting association and to formulate and from time to time amend the plan and articles of association and rules and regulations in connection therewith and to assess and share on a fair and equitable basis all expenses, income, and losses incident to the Fair Access to Insurance Requirements Plan and underwriting association in a manner consistent with this chapter.

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