Insurance; increase amount of monetary penalties authorized to impose for certain violations of the Georgia Insurance Code

Summary

HB 1262 increases the penalty limits the Commissioner can assess for failures such as missing mental‑health parity reports, surprise‑billing violations, and prepaid legal service plan offenses. It also gives the Commissioner authority to place licensed insurers on probation for up to a year. The changes aim to strengthen enforcement of the state insurance code and protect consumers.

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