GA HB733

Creates a new Insurance Consumer Advocate position appointed by the Governor to independently represent consumers and policyholders in rate proceedings, investigate policy cancellations/nonrenewals, and conduct public education campaigns on insurance matters.

Eliminates the file-and-use system for private passenger automobile insurance, requiring all auto insurance rate filings to receive Commissioner approval or wait 60 days (extended from 45 days) before taking effect.

Mandates examination and transparent review for any rate filing resulting in an overall increase of 10% or more within a 12-month period, with insurers required to submit detailed actuarial justifications including claims trends, administrative expenses, and policyholder impact statements.

Requires all rate increase filings to be posted on the Insurance Department's website within 10 days of submission, with approved increases prominently displayed along with the insurer's name and detailed justification.

Effective July 1, 2026, applying to all insurance policies issued, delivered, or renewed in Georgia on or after that date.