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State RegulationsGA specificDifficulty 1/5

An insurer is organized under the laws of a country outside the United States and seeks to write insurance in Georgia. Under O.C.G.A. § 33-3-1, the insurer is classified as:

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Answer & full 3-part explanation (select an option above, or peek)

Why D is correct

Under O.C.G.A. § 33-3-1, an alien insurer is one formed under the laws of a jurisdiction outside the United States. That classification controls which Insurance Department requirements apply when the company seeks authority to transact business in Georgia.

Why the other options are wrong

  • A) Domestic status belongs to insurers formed under Georgia law.
  • B) Foreign status applies to insurers formed in other U.S. states, not other countries.
  • C) Mutual describes an insurer owned by its policyholders, not the insurer's place of formation.

Memory hook

Across the ocean = alien.

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