Who oversees the licensing of surplus lines brokers in Georgia?

The Georgia Office of Insurance and Safety Fire Commissioner is responsible for overseeing the licensing of surplus lines brokers in Georgia. This office regulates the insurance industry within the state, ensuring that all brokers comply with the relevant laws and regulations. The Commissioner is tasked with protecting consumers, promoting a fair and competitive insurance market, and ensuring that all licensed brokers meet the required qualifications and standards.

The focus of this responsibility includes issuing licenses, monitoring the conduct of brokers, and enforcing regulations that govern surplus lines insurance, which often involves higher risks or coverage that is not readily available in the standard market. Understanding this structure is essential for anyone studying surplus lines regulations or preparing for a licensing exam, as it emphasizes the role of the state in managing and supervising the insurance sector.