Georgia Department Of Insurance News

Beck Holds Narrow Lead Over Laws in Georgia Insurance Commissioner Race

The race for the next Georgia Insurance Commissioner was too close to call Wednesday morning, according to local media outlets in the state. Republican and former deputy insurance commissioner Jim Beck had a slight lead over Democrat and insurance agent …

Georgia Insured Losses from Hurricane Michael Near $700M

Georgia’s insured losses from Hurricane Michael have climbed to more than $696 million, with insurers reporting approximately 68,000 claims filed as of the end of October, according to a press release from Insurance Commissioner Ralph Hudgens. The estimate is based …

Laws, Beck Face Off in Georgia Insurance Commissioner Race

Georgia Insurance Commissioner Ralph Hudgens’ decision not to seek re-election this year opened up the playing field for the state’s top insurance post for the first time since 2010. Hudgens, a Republican, announced in July 2017 he would not run …

Georgia Estimates $250M in Insured Losses from Hurricane Michael

The Georgia Department of Insurance has estimated insured property losses from Hurricane Michael will reach $250 million, according to a statement Georgia Insurance Commissioner Ralph Hudgens. In figures released Oct. 18, GADOI said more than 35,000 property-related claims were expected. …

$3.7M Recovered for Georgia Policyholders in First Half of 2018

Georgia Department of Insurance responded to 5,859 consumer complaints and inquiries, returning more than $3.7 million in insurance claim payouts to many of these policyholders, in the first six months of 2018, according to a statement from GADOI. The money …

Georgia Business Owner Arrested for Insurance Fraud

A business owner in Gwinnett County, Ga., has been arrested and charged with one count of insurance fraud after presenting a fraudulent certificate of insurance coverage, according to a statement from Georgia Insurance Commissioner Ralph Hudgens. Maria Estela Castillo, 34, …

Georgia-Based Auto Insurer Access Insurance To Be Liquidated

Insurance regulators in the Southeast are notifying policyholders in their states of a Texas-domiciled/Atlanta, Georgia-headquartered property/casualty insurance company that is to be liquidated after being placed in receivership. Access Insurance Co. is primarily a provider of non-standard auto insurance licensed …

Georgia Estimates $550M in Insured Losses from Hurricane Irma

Georgia’s estimated insured losses from Hurricane Irma have climbed to more than $550 million, with insurers reporting approximately 103,163 claims filed so far, according to Georgia Insurance Commissioner Ralph Hudgens. The estimate is based on claims data reported to the …

Georgia Insured Losses from Hurricane Irma Exceed $300M, And Growing

The Georgia Office of the Commissioner of Insurance estimates that insured losses in the state from Hurricane Irma have now exceeded $300 million, with more than 50,000 property related insurance claims reported. “Our preliminary estimate today is $336 million in …

Georgia Insurance Agent Arrested for Misappropriating Workers’ Comp Premiums

An insurance agent in Floyd County, Ga., has been arrested on fraud charges related to the misappropriation of insurance premiums, according to the Georgia Department of Insurance. Marshall Irwin, 56, owner and operator of the Irwin Agency in Rome, Ga., …