Georgia Underwriting Association (GUA) News

Former Georgia Insurance Commissioner’s Sentenced Reduced, Due to Guidelines

A federal judge has trimmed nine months off former Georgia Insurance Commissioner Jim Beck’s prison sentence for embezzlement, not because of his good behavior in jail, but because he has no prior criminal history. “Both Defendant and the Government agree …

Update: Georgia Gov Suspends Insurance Commissioner Beck Over Indictment

Georgia Governor Brian Kemp has suspended Insurance Commissioner Jim Beck from his position while he faces a 38-count indictment from a federal grand jury. On May 16, Kemp issued an executive order suspending Beck, effective immediately. The order came in …

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 …