Georgia Personal Lines Insurance License Exam — All Questions

Which official regulates insurance and licenses personal lines producers in Georgia?

• a.The Office of the Commissioner of Insurance and Safety Fire✓
• b.The Georgia Department of Financial Regulation
• c.The Georgia Board of Insurance Agents
• d.The federal Department of Insurance

Insurance in Georgia is regulated by the Office of the Commissioner of Insurance and Safety Fire, led by an elected Insurance and Safety Fire Commissioner. It licenses and renews producers, reviews rates and forms, and enforces the state insurance code. There is no federal insurance department. Source: Georgia Office of Insurance and Safety Fire Commissioner (https://oci.georgia.gov/).

After a producer is licensed in Georgia, what generally must occur before he or she can transact business for a specific insurer?

• a.Nothing further — the license alone authorizes sales for any insurer
• b.The insurer must appoint the producer, and that appointment is filed with the Office of Insurance and Safety Fire Commissioner✓
• c.The producer must post a personal surety bond with the state treasurer
• d.The producer must first sell to at least five clients on a temporary permit

A license lets a person act as a producer, but to represent a particular company that insurer must appoint the producer, with the appointment filed with the Georgia Office of Insurance and Safety Fire Commissioner. A producer may hold appointments from several insurers at once. This mirrors the NAIC producer-licensing model Georgia follows.

Which statement about continuing education (CE) for resident personal lines producers in Georgia is correct?

• a.Resident producers must complete state-approved CE each renewal cycle to keep the license active; confirm the exact hours and ethics requirement with the Office of Insurance and Safety Fire Commissioner✓
• b.CE is optional and only recommended for new producers
• c.CE is required once, in the first year, and never again
• d.Passing the licensing exam permanently exempts a producer from all CE

Like other states, Georgia requires resident producers to complete approved continuing education each renewal cycle, typically including an ethics component, before renewing. Because specific hour totals change, verify the current CE requirement directly with the Georgia Office of Insurance and Safety Fire Commissioner (https://oci.georgia.gov/).