GA SB603

Creates an insurance consumer and policyholder advocate position within the Commissioner of Insurance's office to represent consumer interests in rate approval processes, review policy cancellations/nonrenewals, conduct public education campaigns, and participate in administrative and judicial proceedings

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 (increased from 45 days) before becoming effective

Requires mandatory examination of insurers proposing rate increases of 10% or more within any 12-month period, with rates prohibited from taking effect until the advocate reviews the examination and the Commissioner approves or disapproves the filing

Mandates insurers submit detailed documentation for any rate increase affecting consumers, including actuarial reports, expense breakdowns, policyholder impact statements, and five years of rate change history, with all rate increase filings published on the Commissioner's website within 10 days

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