Ga. Comp. R. & Regs. 120-2-3-.24

Current through Rules and Regulations filed through June 17, 2024
Rule 120-2-3-.24 - Procedures for Registering Staff Adjusters
(1) "Staff adjusters" are salaried employees who adjust claims in this state, regardless of where such employees are located. Each insurer which employs staff adjusters shall electronically file a list of such employees with the Commissioner by March 31 of each year (Annual Filing). Annual Filings submitted after the March 31 filing deadline will result in a $15 late fee per staff adjuster.

No staff adjuster registration shall be required for an employee of a property and casualty insurer licensed to do business in this state if such employee handles only claims with respect to residential property insurance in which the amount of the coverage for the applicable type of loss is contractually limited to $500.00 or less.

(2) Annual filings shall include any person who directly supervises persons required to be included in the Annual Filing under Paragraph (1).
(3) Insurers must electronically file changes to the Annual Filing within thirty (30) days of the date of the change(s).
(4) The Annual Filing must be filed with the Department electronically through the designated system.
(5) All filings must include all adjusters employed as staff adjusters at the time of filing.
(6) The Filings must include the insurer's designated staff adjuster coordinator, who is the person that is responsible for the staff adjuster filings. The filing must include the person's name, address, e-mail address, phone number, as well as any additional information the Commissioner deems necessary.
(7) Filings of staff adjusters that are employed by more than one company in an NAIC group must contain consistent employee identification numbers.
(8) A late fee will be assessed for any registration made outside of the annual registration period.

Ga. Comp. R. & Regs. R. 120-2-3-.24

O.C.G.A. §§ 33-2-9, 33-8-1, 33-23-44.

Original Rule entitled "Procedures for Licensing Adjusters Who Are Employees of Insurers" adopted. F. Sept. 10, 1992; eff. Sept. 30, 1992.
Amended: F. Aug. 9, 1996; eff. Aug. 29, 1996.
Repealed: New Rule entitled "Procedures for Registering Staff Adjusters" adopted. F. Jan. 15, 2003; eff. Feb. 4, 2003.
Repealed: New Rule of same title adopted. F. July 16, 2009; eff. August 5, 2009.
Repealed: New Rule of same title adopted. F. Dec. 13, 2019; eff. Jan. 1, 2020, as specified by the Agency.
Amended: F. June 29, 2022; eff. July 1, 2022, as specified by the Agency.