How often must a surplus lines broker renew their license in Georgia?

In Georgia, surplus lines brokers are required to renew their licenses every two years. This biennial renewal process is designed to ensure that brokers stay current with industry regulations, trends, and practices. Keeping licensure up to date is crucial for compliance with state laws and for maintaining the ability to operate within the surplus lines market.

This renewal requirement also reflects the state's commitment to assuring competency and accountability in the insurance brokerage sector. By requiring renewals every two years, Georgia ensures that brokers are engaged with ongoing education and awareness of any changes in insurance laws or market conditions that could affect their practice. Thus, the two-year renewal cycle is an essential component of regulatory oversight intended to protect consumers and uphold professional standards in the surplus lines industry.