GA HB410

Eliminates the requirement for foreign insurers to maintain deposits in Georgia if they hold equivalent deposits in another state for policyholder protection, simplifying the statutory deposit requirement

Removes fees for branch licensees and eliminates the separate licensure requirement for insurance agency branch offices

Eliminates publication requirements for domestic stock and mutual insurer charter applications, amendments, surrenders, and for fraternal benefit society charters, consolidations, and mergers

Changes agency license biennial renewals from a December 31 deadline to the last day of the agency's origination month

Requires insurance licenses to state the legal name of the licensee and removes the requirement to file applications in triplicate