Current through 2023-2024 Legislative Session Chapter 709
Section 33-24-95 - Filing scoring models with Commissioner; confidential nature of filing(a) Insurers that use insurance scores to underwrite and rate risks must file their scoring models or other scoring processes with the Commissioner of Insurance. A third party may file scoring models on behalf of insurers licensed to do business in this state, provided that such third parties are on an approved list maintained by the Commissioner. A filing that includes insurance scoring may include loss experience justifying the use of credit information.(b) Any filing relating to credit information is considered to be a trade secret and proprietary information of the entity filing the information. Such information shall not be subject to public disclosure and shall be exempt from disclosure under the provisions of Article 4 of Chapter 18 of Title 50.Amended by 2005 Ga. Laws 19,§ 33, eff. 4/7/2005.Added by 2003 Ga. Laws 79, § 1, eff. 7/1/2003.