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The Georgia Electronic Insurance Compliance System or GEICS is a database of all motor vehicles and the current liability insurance carried by their drivers in the U.S. state of Georgia. It was created by the Georgia General Assembly (the state legislature ) during the 2002 session, to cut down the rate of uninsured motorists .
The IIABA has spent more than $1 million in 2010 in lobbying efforts on federal crop insurance, insurance licensing reform, and other insurance issues. [2]The IIABA supported the National Association of Registered Agents and Brokers Reform Act of 2013 (H.R. 1155; 113th Congress), a bill which would reduce the regulatory costs of complying with multiple states' requirements for insurance ...
In order to accomplish these goals, each state grants several powers to insurance commissioners and their offices, including: [4] Approval of insurance rates; Periodical financial examinations of insurers; Licensing of companies, agencies, agents, and brokers; Monitoring and regulating claims handling
Penalty type. First offense. Subsequent offenses. Fines. $200. Up to $1,000. Jail time — Up to one year. License suspension. 60 days minimum. 90 days minimum. Lapse fee
Progressive primarily offers its services through the internet, by telephone or through independent insurance agents. [14] Progressive’s Agency business sells insurance through more than 30,000 independent insurance agents [14] and progressiveagent.com where customers can quote their own policies and then contact an agent to complete the sale.
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Erie Insurance Group, based in Erie, Pennsylvania, is a property and casualty insurance company offering auto, home, business and life insurance through a network of independent insurance agents. As of 2021 [update] , Erie Insurance Group is ranked 347th on the 2021 Fortune 500 list of largest American corporations, based on total revenue for ...
Former Georgia Insurance Commissioner John Oxendine was sentenced to three and a half years in prison Friday for conspiracy to commit health-care fraud in connection with unnecessary lab testing.