Georgia Department Of Insurance News

Georgia Gov. Calls On Beck to Resign as Insurance Commissioner After Indictment

Georgia Governor Brian Kemp has asked embattled Insurance Commissioner Jim Beck to resign from his post, effective immediately, saying his recent indictment “severely undermines your ability to fulfill your obligations to the people of Georgia.” In a letter sent to …

Georgia Insurance Regulator Faces 38 Count Indictment for Defrauding Insurer; Claims Innocence

A federal grand jury has indicted Georgia Insurance Commissioner Jim Beck on 38 counts of wire fraud, money laundering and mail fraud in an alleged $2 million scheme to defraud the Georgia Underwriting Association (GUA), his former employer. Beck, who …

Beck Launches ‘Open Checkbook’ Site to Show Georgia Insurance Dept. Spending

The Georgia Department of Insurance has unveiled a new program called Open Checkbook on its website that details how the agency spends its funds. According to a statement from Georgia Insurance Commissioner Jim Beck, Open Checkbook includes details of how …

Beck to Become Next Georgia Insurance Commissioner

Georgia Republican and former deputy insurance commissioner Jim Beck has been elected as the state’s next insurance commissioner, according to final election results. In a close race against insurance agent Janice Laws in the state election to replace Georgia Insurance …

Beck Holds Narrow Lead Over Laws in Georgia Insurance Commissioner Race

The race for the next Georgia Insurance Commissioner was too close to call Wednesday morning, according to local media outlets in the state. Republican and former deputy insurance commissioner Jim Beck had a slight lead over Democrat and insurance agent …

Georgia Insured Losses from Hurricane Michael Near $700M

Georgia’s insured losses from Hurricane Michael have climbed to more than $696 million, with insurers reporting approximately 68,000 claims filed as of the end of October, according to a press release from Insurance Commissioner Ralph Hudgens. The estimate is based …

Laws, Beck Face Off in Georgia Insurance Commissioner Race

Georgia Insurance Commissioner Ralph Hudgens’ decision not to seek re-election this year opened up the playing field for the state’s top insurance post for the first time since 2010. Hudgens, a Republican, announced in July 2017 he would not run …

Georgia Estimates $250M in Insured Losses from Hurricane Michael

The Georgia Department of Insurance has estimated insured property losses from Hurricane Michael will reach $250 million, according to a statement Georgia Insurance Commissioner Ralph Hudgens. In figures released Oct. 18, GADOI said more than 35,000 property-related claims were expected. …

$3.7M Recovered for Georgia Policyholders in First Half of 2018

Georgia Department of Insurance responded to 5,859 consumer complaints and inquiries, returning more than $3.7 million in insurance claim payouts to many of these policyholders, in the first six months of 2018, according to a statement from GADOI. The money …

Georgia Business Owner Arrested for Insurance Fraud

A business owner in Gwinnett County, Ga., has been arrested and charged with one count of insurance fraud after presenting a fraudulent certificate of insurance coverage, according to a statement from Georgia Insurance Commissioner Ralph Hudgens. Maria Estela Castillo, 34, …