Insurance; provide the requirements for maintaining a risk management framework

A BILL to be entitled an Act to amend Title 33 of the O.C.G.A., relating to insurance, so as to provide the requirements for maintaining a risk management framework and provide guidance and instructions for filing for an Own Risk and Solvency Assessment and report with the Commissioner; to provide for legislative intent; to provide for a purpose; to provide for definitions; to provide for standards and timing of reports; to provide for exemptions; to provide for confidentiality of reports; to provide for the Commissioner's duties and powers; to provide for penalties; to provide for the redesignation of certain code provisions and conforming changes; to provide for related matters; to repeal conflicting laws; and for other purposes.