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Georgia Insurance Regulation, Agent Licensing and Premiums: Practice Questions

20 free practice questions with explanations. Pick an answer for each, then check your score.

Exam weight: Part of the 19 Georgia questions on rules common to life and health on the Georgia Life, Accident and Sickness agent exam. Updated 2026-11-05.

Quick study guide

The Commissioner

The Commissioner of Insurance heads the Department of Insurance (O.C.G.A. § 33-2-1). The Commissioner must examine every domestic insurer at least once every five years (§ 33-2-11) and may also examine agents and other licensees (§ 33-2-12). To pursue an unfair practice, the Commissioner serves a statement of charges with a notice of hearing set at least 15 days after service (§§ 33-6-6, 33-6-7). Violating the resulting cease and desist order can bring a per-violation fine, suspension or revocation (§ 33-6-9).

Insurers

A domestic insurer is formed under Georgia law, a foreign insurer under another state's law, and an alien insurer under another country's (§ 33-3-1). A stock insurer is owned by shareholders; a mutual has no capital stock and is owned and governed by its policyholders (§ 33-14-2). No insurer may transact insurance in Georgia without a certificate of authority (§ 33-3-2). Every certificate expires at midnight on June 30 and is renewed on the annual statement filed by March 1 (§§ 33-3-16, 33-3-21). To transact covers solicitation, negotiation, effectuation and later dealings under the contract (§ 33-1-2).

Agents and counselors

Anyone who sells, solicits or negotiates insurance needs an agent license for that line, and only licensees may be paid commissions (§ 33-23-4). Licenses run two years and expire on the last day of the birth month (§ 33-23-18).

Number	Rule
8 hours	Prelicensing study per major line since 24 June 2025; pass the exam within 12 months, then apply within 12 months (r. 120-2-3-.07)
70%; 14 and 60 days	Passing score; wait after a failed attempt; wait after a third failure (r. 120-2-3-.09)
90 days	A new resident licensed elsewhere applies with no course or exam (§ 33-23-5)
24 or 20 hours	CE each biennium, 3 in ethics; 20 once licensed 20 years; up to 50% carries over (r. 120-2-3-.15)
15 days; $150	Late renewal window; reinstatement penalty (r. 120-2-3-.16)
30 days	Report a criminal prosecution after arrest (§ 33-23-21(17)) or a change of address (§§ 33-23-25, 33-23-33)
6 + 3 months	Temporary license term and renewals, 15 months at most (§ 33-23-13)
5 years	Bar on reapplying after revocation (§ 33-23-23)

A nonresident needs a resident license in good standing at home and a home state that treats Georgia residents the same way (§ 33-23-16). A counselor advises for a fee and may take no other pay on the same transaction (§ 33-23-1); the license calls for five years' experience or qualifying education (§ 33-23-5) and a bond (§ 33-23-7).

Premiums

Premiums and return premiums are held in a fiduciary capacity, must not be commingled with the agent's own money and must be paid over promptly. One account may serve several insurers if each one's share is traceable in the books. A willful violation is a misdemeanor, or a felony if more than $1,000 is involved (§ 33-23-35).

Practice questions

Under O.C.G.A. § 33-1-2, which description matches what it means to "transact" insurance in Georgia?
1. A.Soliciting and negotiating only; servicing a policy after it is issued is not part of transacting insurance
2. B.Solicitation and inducement, preliminary negotiations, effectuating the contract, and later matters arising out of it
3. C.Effectuating a contract of insurance only, meaning the point at which the policy is issued and delivered
4. D.Any act done by a licensed agent, but nothing done by an insurer's own salaried employees
Show answer
Answer: B. Section 33-1-2(9) says that to transact insurance includes any of four things: solicitation and inducement, preliminary negotiations, effectuation of a contract of insurance, and transaction of matters after effectuation that arise out of the contract. The term reaches both before and after the policy is issued, so the answers limited to issuing or to selling are too narrow. Who must hold a license is a separate question, answered by § 33-23-4, which requires a license to sell, solicit or negotiate insurance.
Source: Georgia outline X.B.4: Insurance transaction / transacting business (33-1-2); O.C.G.A. § 33-1-2
An insurer incorporated under the laws of Ontario, Canada, has no capital stock and is owned and governed by its policyholders. How is it classified under O.C.G.A. §§ 33-3-1 and 33-14-2?
1. A.An alien stock insurer
2. B.An alien mutual insurer
3. C.A foreign stock insurer
4. D.A foreign mutual insurer
Show answer
Answer: B. Section 33-3-1 defines an alien insurer as one formed under the laws of a country other than the United States, a foreign insurer as one formed under the laws of another state or government of the United States, and a domestic insurer as one formed under Georgia law. Section 33-14-2 defines a mutual insurer as an incorporated insurer without capital stock or shares that is owned and governed by its policyholders, and a stock insurer as one whose capital is divided into shares owned by shareholders. In Georgia insurance law "foreign" means another U.S. state, not another country, which is the usual trap. The Commissioner's examination of an alien insurer is limited to its insurance transactions in the United States (§ 33-2-11(a)).
Source: Georgia outline X.B.1 and X.B.2: Domestic, foreign and alien (33-3-1); stock and mutual (33-14-2); O.C.G.A. § 33-3-1; O.C.G.A. § 33-14-2
A life insurer stopped selling new policies in Georgia years ago but still collects premiums on, and services, policies held by Georgia residents. Under O.C.G.A. § 33-3-2, which statement is correct?
1. A.It needs no certificate and owes no Georgia premium tax, because it no longer writes any new business
2. B.It is transacting insurance in Georgia for premium tax purposes only and needs no certificate of authority for this
3. C.It must keep a full certificate of authority for as long as any of its Georgia policies remains in force
4. D.It is an unauthorized insurer and must transfer the remaining Georgia policies to an authorized insurer
Show answer
Answer: B. Section 33-3-2(a) bars any person from acting as an insurer, and any insurer from transacting insurance in Georgia, except as authorized by a subsisting certificate of authority from the Commissioner. Subsection (c) carves out an insurer that writes no new Georgia business but keeps collecting premiums on and servicing policies still in force: it is transacting insurance in Georgia for premium tax requirements only and is not required to have a certificate of authority. So premium tax still applies, but no certificate is needed. Subsection (b) adds that merely investigating and adjusting a claim, and related litigation, is not transacting insurance.
Source: Georgia outline X.B.3: Authorized/unauthorized and certificate of authority (33-3-2 through 5; 33-3-13 through 30); O.C.G.A. § 33-3-2
Under O.C.G.A. § 33-3-16, when does a Georgia insurer's certificate of authority expire, and what must the insurer file to renew it?
1. A.It never expires; the certificate stays in force until the Commissioner revokes or suspends it
2. B.On December 31 of each year; it files its annual statement for that year by the following June 30
3. C.Every three years on the anniversary of issuance; it files audited financial statements within 90 days
4. D.At midnight on June 30 of the year after issuance or renewal; it files its December 31 annual statement by March 1
Show answer
Answer: D. Section 33-3-16(a) says every certificate of authority expires at 12:00 midnight on June 30 of the year following its issuance or renewal, and an insurer seeking renewal files, on March 1 before expiration, a copy of its annual statement as of December 31 of the preceding year; the Commissioner may extend the filing date for good cause by up to 60 days. Section 33-3-21 likewise requires the annual report by March 1 and makes it a condition of renewal. The last option is tempting because a certificate continues in force until a new one is issued or renewal is specifically refused, but it still expires and is renewed each year.
Source: Georgia outline X.B.3: Certificate of authority (33-3-13 through 30); O.C.G.A. § 33-3-16; O.C.G.A. § 33-3-21
Under O.C.G.A. § 33-2-11, how often must the Georgia Commissioner of Insurance examine each domestic insurer?
1. A.Only when a policyholder files a signed written complaint asking for an examination
2. B.At least once every three years, on a schedule set by the National Association of Insurance Commissioners
3. C.Every year, at the time the insurer's certificate of authority comes up for renewal
4. D.At least once every five years, and at other times whenever the Commissioner deems it expedient
Show answer
Answer: D. Section 33-2-11(a) lets the Commissioner examine the affairs, records and assets of any authorized insurer whenever the Commissioner deems it expedient, and requires an examination of each domestic insurer at least once every five years. For a foreign or alien insurer, the Commissioner may accept the examination report of its home state's insurance department if that department is NAIC-accredited (§ 33-2-11(d)). Section 33-2-12 extends the examination power to agents, counselors, adjusters and other licensees, and § 33-2-13 requires anyone examined to make its records freely accessible.
Source: Georgia outline X.A.2: Examination of records (33-2-10 through 13); O.C.G.A. § 33-2-11; O.C.G.A. § 33-2-12
The Georgia Commissioner has reason to believe an agent is engaged in an unfair or deceptive practice and that a proceeding would be in the public interest. Under O.C.G.A. § 33-6-7, what must the Commissioner do first?
1. A.Serve a statement of the charges and a notice of a hearing set at least 15 days after the notice is served
2. B.File the charges in the superior court of the county where the agent lives or does business
3. C.Send a written warning and wait 30 days before any statement of charges may be issued
4. D.Issue a cease and desist order effective at once, and hold a hearing within 90 days if the agent asks
Show answer
Answer: A. Section 33-6-6 gives the Commissioner power to examine and investigate the affairs of every person in the insurance business to find unfair methods of competition or unfair or deceptive practices. Under § 33-6-7(a), when the Commissioner believes a violation is occurring and a proceeding is in the public interest, the Commissioner serves a statement of charges and a notice of hearing set no less than 15 days after service; at the hearing the person may show cause why a cease and desist order should not be made. Formal rules of evidence do not apply, and if a witness defies a subpoena, the Superior Court of Fulton County or of the county where the party resides may order compliance (§ 33-6-7(c), (d)). The cease and desist order comes only after the hearing (§ 33-6-8).
Source: Georgia outline X.A.3: Investigations/notice of hearing (33-6-6); O.C.G.A. § 33-6-6; O.C.G.A. § 33-6-7
After a hearing, the Georgia Commissioner orders an agent to cease and desist from an unfair practice, and the agent keeps doing it while the order is in effect. Under O.C.G.A. § 33-6-9, what may the Commissioner do?
1. A.Impose one fine covering the whole course of conduct, after which the cease and desist order expires
2. B.Revoke the license at once without notice or a hearing, but impose no monetary penalty
3. C.Nothing directly, because only a criminal court can punish a violation of the Commissioner's order
4. D.After notice and hearing, impose a monetary penalty for each act, suspend or revoke the license, or order other relief
Show answer
Answer: D. Section 33-6-9 provides that, after notice and hearing and on the Commissioner's order, a person who violates a cease and desist order issued under § 33-6-8 while it is in effect may be subject to one or more of: a monetary penalty for each and every act or violation, suspension or revocation of the license, or any other reasonable and appropriate relief. The penalty is counted per act, not once for the whole course of conduct, and notice and hearing come first. The cap is $10,000 per act or violation under the current text; House Bill 1344 of 2026 raises it to $15,000 effective January 1, 2027.
Source: Georgia outline X.A.4: Penalties (33-6-9); O.C.G.A. § 33-6-9; Georgia HB 1344 (2026), as passed, Section 11-6
A salaried customer-service employee of a Georgia life insurer answers policyholders' billing questions and processes address changes. She earns no commission. Under O.C.G.A. § 33-23-4, does she need an agent license?
1. A.No, because employees of an insurer never need an agent license, whatever their duties
2. B.No; an employee paid no commission whose work is clerical and only indirectly related to sales is exempt
3. C.Yes, unless a licensed agent reviews and countersigns every transaction she handles
4. D.Yes; anyone who speaks with policyholders on an insurer's behalf must be licensed as an agent
Show answer
Answer: B. Section 33-23-4(a) bars anyone from selling, soliciting or negotiating insurance in Georgia without a license for that line, and every individual who does so must be licensed as an agent. Subsection (h)(2)(A)(i) exempts an officer, director or employee of an insurer or agency who receives no commission on policies written and whose activities are executive, administrative, managerial or clerical and only indirectly related to selling. The exemption is conditional, so an insurer employee who sells or is paid commission does need a license. No insurer or agent may pay a commission for agent services to an unlicensed person (§ 33-23-4(b)), and a willful violation is a misdemeanor (§ 33-23-4(g)).
Source: Georgia outline X.C.1: Agent responsibility (33-23-1 through 46); O.C.G.A. § 33-23-4
An agent licensed for Life and Accident and Sickness in Tennessee moves to Georgia and establishes legal residence there. Under O.C.G.A. § 33-23-5, what must she do to avoid Georgia's prelicensing course and exam for those lines?
1. A.Apply within 12 months; the course is waived, but the full exam is still required
2. B.Apply within 30 days and pass only the Georgia law portion of the licensing exam
3. C.Nothing; her Tennessee license lets her sell in Georgia until it next expires
4. D.Apply for a Georgia resident license within 90 days of establishing legal residence
Show answer
Answer: D. Section 33-23-5(a)(4)(B) requires an agent licensed in another state who moves to Georgia to apply within 90 days of establishing legal residence to become a resident licensee, and then requires no prelicensing education or exam for any line held in the prior state. A related exemption in § 33-23-5(a)(4)(A) and Ga. Comp. R. & Regs. r. 120-2-3-.09(1) covers applicants still licensed in the other state, or applying within 90 days after that license was canceled, in good standing. The candidate handbook adds that she should request a letter of clearance from her former state and, once that license is inactive, apply within 90 days to be exempt from the course, the exam and fingerprinting. Her Tennessee license does not authorize her to act as a Georgia resident agent.
Source: Georgia outline X.C.2: License maintenance (33-23-1 through 46; 120-2-3-.09); O.C.G.A. § 33-23-5; Ga. Comp. R. & Regs. r. 120-2-3-.09; Georgia Insurance Licensing Candidate Handbook (Pearson VUE #121100)
A Georgia candidate fails the Life, Accident and Sickness licensing exam for the third time. Under Ga. Comp. R. & Regs. r. 120-2-3-.09, when may she next take it?
1. A.After 30 days, as long as she retakes the prelicensing course first
2. B.After 60 days have passed, paying the exam fee again
3. C.After 6 months, and only with the Commissioner's written permission
4. D.After 14 days have passed, the same wait as after any failed attempt
Show answer
Answer: B. Rule 120-2-3-.09(3) says a candidate who fails may not retake the exam until 14 days have passed and must pay the fee again, but a candidate who has failed after taking it three times may not retake it until 60 days have passed, again paying the fees. The passing grade is 70% (r. 120-2-3-.09(2)), and a candidate who does not file a license application within 12 months of passing must retake the exam (r. 120-2-3-.09(4)). The rule was last amended effective July 1, 2025, and these waiting periods appear in both the current and prior versions.
Source: Georgia outline X.C: Licensing of agents (120-2-3-.09); Ga. Comp. R. & Regs. r. 120-2-3-.09
Marcus wants a Georgia resident license for both Life and Accident and Sickness, and he holds no insurance designation or degree. Under Ga. Comp. R. & Regs. r. 120-2-3-.07, which describes his path?
1. A.Complete 20 hours of approved study for each line, pass the exam within 6 months, then apply within 90 days
2. B.Pass the exam first; the prelicensing course may be completed at any time before his first renewal
3. C.Complete 40 hours of classroom study in total, then pass the exam and apply, with no deadline for either
4. D.Complete at least 8 hours of approved study for each line, pass the exam within 12 months, then apply within 12 months
Show answer
Answer: D. Rule 120-2-3-.07(3), as amended effective June 24, 2025, requires an approved prelicensing course with at least 8 hours of instruction per major line of authority, the major lines being Life, Accident and Sickness, Property, Casualty and Personal Lines, so Marcus needs 8 hours for each of his two lines. Under r. 120-2-3-.07(4) he must pass the exam within 12 months of completing the course and apply for the license within 12 months of passing. Before that amendment the minimum was 20 hours per line, so older study materials may still show 20. Holders of the CLU or FLMI designation are exempt from the life and health course (r. 120-2-3-.07(5)(b)).
Source: Georgia outline X.C: Licensing of agents (33-23-1 through 46; 120-2-3); Ga. Comp. R. & Regs. r. 120-2-3-.07; Georgia Insurance Licensing Candidate Handbook (Pearson VUE #121100)
A Georgia agent born in May forgets to renew her license by May 31 of her renewal year. Under Ga. Comp. R. & Regs. r. 120-2-3-.16, which statement is correct?
1. A.Her license is suspended for one year, after which she may renew without paying any penalty
2. B.She may file a late renewal with a late fee within 15 days; otherwise the license expires and reinstatement adds a $150 penalty
3. C.She must pass the licensing exam again before she can be relicensed and sell insurance
4. D.She has a 90-day grace period in which she may renew without any penalty and keep selling insurance
Show answer
Answer: B. Under r. 120-2-3-.16(1), renewals and fees are due on the last day of the licensee's birth month; a late renewal with the late fee may be filed within 15 days, and failing to renew makes the license expire as of the last day of the birth month. A late renewal reinstatement carries a $150 penalty on top of the renewal and late fees, and one filed 6 or more months after expiration also requires electronic fingerprints (r. 120-2-3-.16(2)). Only if she waits a full year must she reapply and meet all prelicensing requirements again (r. 120-2-3-.16(3)). Agent licenses are issued for two years and expire on the last day of the birth month (O.C.G.A. § 33-23-18).
Source: Georgia outline X.C.2: License maintenance (33-23-18; 120-2-3); Ga. Comp. R. & Regs. r. 120-2-3-.16; O.C.G.A. § 33-23-18
A Georgia resident agent has been continuously licensed for 22 years and holds no professional designation. Under Ga. Comp. R. & Regs. r. 120-2-3-.15, how much continuing education must she complete in each biennial license period?
1. A.12 hours, including 3 hours of ethics
2. B.24 hours, including 3 hours of ethics
3. C.20 hours, including 3 hours of ethics
4. D.None, because long-licensed agents are exempt
Show answer
Answer: C. Rule 120-2-3-.15(1) requires a resident licensee licensed less than 20 years to complete at least 24 hours, 3 of them in ethics, and one continually licensed 20 years or longer to complete at least 20 hours, 3 of them in ethics, any time during the biennial license period before it expires. The 12-hour figure applies to licensees holding designations such as CLU, ChFC, CFP or FLMI, according to the candidate handbook. The exemption in O.C.G.A. § 33-23-18(e) covers only an agent licensed 10 consecutive years or more who does nothing but receive renewal or deferred commissions, not an active agent like her.
Source: Georgia outline X.C.2: License maintenance (120-2-3-.15); Ga. Comp. R. & Regs. r. 120-2-3-.15; O.C.G.A. § 33-23-18; Georgia Insurance Licensing Candidate Handbook (Pearson VUE #121100)
During one biennium a Georgia agent who must earn 24 CE hours completes 40 approved hours, 7 of them in ethics. Under Ga. Comp. R. & Regs. r. 120-2-3-.15, how much can she carry forward to the next period?
1. A.12 hours, including up to 3 hours that will satisfy the next period's ethics requirement
2. B.12 hours, which count toward her lines of authority but not toward the next period's ethics requirement
3. C.None, because Georgia does not let continuing education hours carry forward
4. D.16 hours, including 4 hours that will satisfy the next period's ethics requirement
Show answer
Answer: B. Rule 120-2-3-.15(5) lets excess hours carry forward to the next filing period, but not more than 50% of the biennial requirement, so 12 of her 16 extra hours carry over. Under r. 120-2-3-.15(6), excess ethics hours may be carried forward only as credit toward the subject areas of her lines of authority; ethics credit counts toward the ethics requirement only in the period in which it is earned. She will still need 3 new ethics hours next period, and repeating the same course within one period earns no credit (r. 120-2-3-.15(4)).
Source: Georgia outline X.C.2: License maintenance (120-2-3-.15); Ga. Comp. R. & Regs. r. 120-2-3-.15
A Georgia agent who runs a one-person agency dies unexpectedly, and no one else at the agency is licensed. Under O.C.G.A. § 33-23-13, what may the Commissioner do?
1. A.Let the agent's spouse keep selling new policies under the deceased agent's license number for 12 months
2. B.Issue a temporary license under which the holder may sell new accounts for up to 15 months
3. C.Nothing; the agency's clients must be reassigned to another agent appointed by each insurer
4. D.Issue a temporary license to an employee, family member or executor to continue or wind up the business, with no exam
Show answer
Answer: D. Section 33-23-13(a) lets the Commissioner issue a temporary license, on a sworn application, to an agency employee, a family member, an associate, or a guardian, receiver, executor or administrator to continue or wind up the business after an agent's death, disability, military service or termination, when no one else at the agency is licensed for that line; no exam, residence or education requirement applies. The license lasts six months and may be renewed for three-month periods, but never beyond 15 months after first issuance (§ 33-23-13(c)). It covers renewals, premium collection and acts needed to continue the existing business, but not selling, soliciting or negotiating new accounts (§ 33-23-13(d)). Separately, an insurer may sponsor a temporary license to train a new agent under a licensed supervisor (§ 33-23-13(b)).
Source: Georgia outline X.C.4: Temporary license (33-23-1 through 46); O.C.G.A. § 33-23-13
A Florida resident agent wants to sell life insurance to clients in Georgia. Under O.C.G.A. § 33-23-16, which is a condition for her to receive a Georgia nonresident agent license?
1. A.She is licensed and in good standing as a resident in Florida, which licenses Georgia residents on the same basis
2. B.She keeps a business office in Georgia that is open to the public
3. C.She passes the Georgia state law portion of the licensing exam at a Georgia test center
4. D.She completes Georgia's approved prelicensing course for each line she will hold
Show answer
Answer: A. Section 33-23-16(a) grants a nonresident agent license, unless it is denied under § 33-23-21, if the person is currently licensed as a resident and in good standing in her home state, submits the request and fees, files the home-state or uniform application, and her home state grants nonresident licenses to Georgia residents on the same basis; the Commissioner may verify her status through the NAIC producer database. No Georgia exam or prelicensing course is required, and the place of business may be kept in her home state (§ 33-23-25). Before she acts for an insurer, it must file a notice of appointment within 15 days of licensure or before her first application is submitted (§ 33-23-16(g)(1)(A)).
Source: Georgia outline X.C.5: Nonresident license (33-23-1 through 46); O.C.G.A. § 33-23-16; O.C.G.A. § 33-23-25
A licensed Georgia counselor charges a client a fee to review his life insurance and recommend changes, and the client then buys a new policy through an agent. Under O.C.G.A. § 33-23-1, which statement is correct?
1. A.Because she took a fee for the advice, she may receive no compensation from any other source on the same transaction
2. B.She may share the agent's commission on the new policy, as long as she discloses the split to the client
3. C.She may also accept a commission from the insurer, if the new policy's premium is larger than her fee
4. D.She needs no license at all, because counselors only give advice and never sell insurance
Show answer
Answer: A. Section 33-23-1(a)(6) defines a counselor as someone who engages in or holds out as engaging in counseling, advising or giving opinions on the benefits, terms, value, effect, advantages or disadvantages of insurance contracts, and says that when receiving a fee, commission or other compensation for this service, the counselor shall not receive compensation from any other source on or relating to the same transaction. A counselor license is required: the applicant needs five years' experience as an agent, subagent or adjuster or in another phase of insurance, or qualifying teaching or education, and must pass an exam unless exempted (§ 33-23-5(a)(5)). The applicant must also file a bond (§ 33-23-7), which the candidate handbook lists as $5,000.
Source: Georgia outline X.C.6: Counselor license (33-23-1 through 46); O.C.G.A. § 33-23-1; O.C.G.A. § 33-23-5; O.C.G.A. § 33-23-7
A Georgia agent deposits clients' premium checks into her personal checking account, pays household bills from it, and forwards the premiums to the insurer weeks later. Under O.C.G.A. § 33-23-35, which statement is correct?
1. A.She holds premiums as a fiduciary and may not commingle them; a willful violation involving over $1,000 is a felony
2. B.Commingling can lead to license action, but it can never be treated as a crime
3. C.No violation occurs, as long as every premium eventually reaches the insurer in full
4. D.The violation is only that she must keep a separate bank account for each insurer she represents
Show answer
Answer: A. Section 33-23-35(b) requires premiums received, and return premiums due insureds, to be accounted for in the licensee's fiduciary capacity, kept out of the licensee's personal funds, and promptly paid to whoever is entitled to them. A separate account for each insurer is not required if each principal's funds can be reasonably ascertained from the agent's books. Under § 33-23-35(c) a violation is grounds for probation, suspension or revocation and for fines set by rule, and a willful violation is a misdemeanor unless more than $1,000 is involved, in which case it is a felony. Misappropriating or withholding money belonging to an insurer or insured is also a ground to revoke a license (§ 33-23-21(4)).
Source: Georgia outline X.E.1 and X.E.2: Fiduciary responsibility; commingling (33-23-35); O.C.G.A. § 33-23-35; O.C.G.A. § 33-23-21
A Georgia agent is arrested and charged with a crime, and the case has not yet gone to trial. Under O.C.G.A. § 33-23-21, what must she do?
1. A.Disclose the charge on her next license renewal application, whenever that falls
2. B.Nothing until she is convicted, and then report the conviction within 60 days
3. C.Report the prosecution to the Commissioner within 30 days of the arrest, with a copy of the initial complaint
4. D.Report it within 30 days, but only if the charge involves insurance or money
Show answer
Answer: C. Section 33-23-21(17) makes it a ground to refuse, suspend or revoke a license if the licensee fails to report any criminal prosecution in any jurisdiction, with a copy of the initial complaint, any hearing orders and other relevant documents, filed with the application or within 30 days of the date of arrest. The duty starts with the arrest and is not limited to insurance crimes. A separate 60-day deadline applies to a felony or moral turpitude conviction, a first-offender sentence, or discipline by another licensing authority (§ 33-23-21(19), (22)), and such a conviction is itself a ground for action (§ 33-23-21(15)).
Source: Georgia outline X.C.3: License revocation, suspension, denial or refusal to renew (33-23-1 through 46); O.C.G.A. § 33-23-21
The Georgia Commissioner revokes an agent's license under § 33-23-21 for misappropriating premiums, and she does not seek judicial review. Under O.C.G.A. § 33-23-23, when may she next apply for a license?
1. A.Not within five years of the revocation's effective date, and even then she must show good cause
2. B.Immediately, if she repays all of the misappropriated premiums in full
3. C.After one year, once she has retaken the prelicensing course and passed the exam
4. D.Never, because a revoked Georgia insurance license can never be reissued
Show answer
Answer: A. Section 33-23-23(a) bars a person whose license or application was refused or revoked under §§ 33-23-21 and 33-23-22 from applying again for five years from the effective date of the refusal or revocation, or from the final court order if judicial review is sought. Even after five years the Commissioner may refuse the application unless she shows good cause why the revocation should not bar a new license (§ 33-23-23(b)), and surrendering a license under a written consent order has the same effect as a revocation (§ 33-23-23(c)). The one-year period in § 33-23-23(d) applies only to someone whose later application was refused, at the Commissioner's discretion. Before revoking, the Commissioner must give notice and follow the hearing procedure in Chapter 2 of Title 33 (§ 33-23-22).
Source: Georgia outline X.C.3: License revocation, suspension, denial or refusal to renew (33-23-1 through 46); O.C.G.A. § 33-23-23; O.C.G.A. § 33-23-22

Where these questions come from: Georgia content outline (Pearson VUE #121102, effective 22 Oct 2024), Life, Accident and Sickness agent, sections X.A–C and X.E: Insurance Department and Commissioner; general insurance definitions; licensing of agents and counselors; reporting and disposition of premiums. See how we write questions.