GA HB1274

Requires all private passenger automobile insurers in Georgia to file annual data with the Department of Insurance beginning July 1, 2027, including earned premiums, incurred losses, administrative expenses, and policyholder dividends

Defines "excess profit" as underwriting gains over a three-year period that exceed the anticipated underwriting profit plus 5% of earned premiums

Authorizes the Commissioner of Insurance to order insurers to refund excess profits to policyholders on a pro rata basis, with refunds due within 60 days of a final order as either cash payments or credits toward policy renewals

Exempts insurers from refund requirements if they demonstrate that returning excess profits would render them financially impaired or insolvent

Takes effect July 1, 2026, and applies to all policies issued, delivered, or renewed in Georgia on or after that date