Which of the following is a function of the insurance commissioner in Georgia?

The role of the insurance commissioner in Georgia includes issuing cease and desist orders. This function allows the commissioner to take action against individuals or companies that are found to be violating insurance laws or regulations. By issuing such orders, the commissioner helps maintain the integrity of the insurance market, ensuring compliance with legal standards and protecting consumers from unethical practices.

The ability to issue cease and desist orders is vital because it empowers the commissioner to stop illegal activities promptly, which can prevent further harm to policyholders and ensure that companies operate within the bounds of the law. This function reflects the regulatory authority vested in the commissioner to enforce insurance statutes and uphold public trust in the insurance industry.

Other options, such as setting insurance rates, granting licenses, or collecting taxes, are regulated through various mechanisms and may involve input or oversight from the commissioner, but the specific function of issuing cease and desist orders represents a direct regulatory action that is integral to maintaining lawful operations within the insurance marketplace.