December 16, 2024

Hearing on New Rules and Regulations Scheduled for Tuesday, December 31, 2024

Notice is hereby given, pursuant to the Georgia Administrative Procedure Act, O.C.G.A. §§ 50-13-3, 50-13-4, 50-13-6, 50-13-21, and 33-2-9 of the following proposals by the Commissioner of Insurance to amend the Rules and Regulations of the Office of the Commissioner of Insurance.

The Rules and Regulations of the Office of the Commissioner of Insurance are proposed to be amended by the following actions:

  •   By Amending Chapter 120-2-40 entitled “Public Self-Insurance Funds”

The primary purpose of the proposed changes to all Regulation Chapters noted above is to modernize and modify the regulations, increase departmental efficiency in delivering services, and bring them into conformity with industry best practices to the benefit of Georgia Consumers.

The main purpose of these amendments to 120-2-40 are to allow for certain lines of business may be offered by Public Self-Insurance Funds following the enactment of legislation by the General Assembly.

The aforesaid proposals are now on file in the Administrative Procedure Division of the Office of Commissioner of Insurance, 708 West Tower, Floyd Building, Two Martin Luther King, Jr. Drive, Atlanta, Georgia 30334, and are hereby declared to be a public record as follows:

Interested persons may participate in the proposed rulemaking process by submitting their written comments to Jeremy Betts, Administrative Procedure Division, Office of Commissioner of Insurance, 708 West Tower, Floyd Building, Two Martin Luther King, Jr. Drive, Atlanta, Georgia 30334. All comments must be received by the Administrative Procedure Division by 4:30 P.M. on December 24th, 2024.

Interested persons may also participate in the proposed rulemaking by submitting oral comments at the hearing to commence on December 31, at 10:00 a.m. in the Hearing Room of the Office of Commissioner of Insurance, Ninth Floor, West Tower, Floyd Building, Two Martin Luther King, Jr. Drive, Atlanta, Georgia 30334.

Oral presentations at the hearing may be limited to five (5) minutes per person in order to afford all interested persons an opportunity to be heard. If you have a physical impairment and require assistance or have any questions regarding this notice, please contact the Administrative Procedure Division.

Based upon full consideration of all written and oral comments regarding the above matters, the Commissioner of Insurance may reject or adopt the proposed rules or may make changes to the proposed rules which may require another rulemaking hearing.

Jeremy Betts
Administrative Procedure Division
708 West Tower, Floyd Building
Two Martin Luther King, Jr. Drive
Atlanta, Georgia 30334
Telephone Number (404) 651 6501
[email protected]

Download this pdf file. /document/document/amend-120-2-40pdf/download