An insurer applying for a Georgia certificate of authority was organized under the laws of a country outside the United States. How is this insurer classified under Georgia law?

Why D is correct

Under O.C.G.A. § 33-3-1, a domestic insurer is formed under Georgia law, a foreign insurer is formed under the laws of another U.S. state or territory, and an alien insurer is formed under the laws of another country. Classification determines how the Georgia Insurance Department treats the company's admission and licensing, so an insurer organized overseas is alien, regardless of any U.S. branch offices it may maintain.

Why the other options are wrong

• A) A domestic insurer is organized under Georgia law, not the law of a foreign country. O.C.G.A. § 33-3-1.
• B) A foreign insurer is organized in another U.S. state or territory; an insurer organized overseas is alien under O.C.G.A. § 33-3-1.
• C) Unauthorized describes a company not admitted to transact business in Georgia, not its place of organization; the classification tested here is alien. O.C.G.A. § 33-3-1.

Memory hook

Domestic = Georgia-born, foreign = other state, alien = other country.