An insurer which otherwise qualifies to transact insurance in Georgia may be authorized to transact any one kind or combination of kinds of insurance as defined in Chapter 7 of this title except: (1) A reciprocal insurer shall not transact life insurance; (2) A Lloyd's insurer shall not transact life insurance; and (3) A title insurer shall be a stock insurer and shall be authorized to transact only title insurance and closing protection letters, pursuant to Code Section 33-7-8.1 . Amended by 2019 Ga. Laws 139,§ 1-15, eff. 7/1/2019. Amended by 2012 Ga. Laws 734,§ 1, eff. 5/2/2012. An insurer which otherwise qualifies to transact insurance in Georgia may be authorized to transact any one kind or combination of kinds of insurance as defined in Chapter 7 of this title except: (1) A reciprocal insurer shall not transact life insurance; (2) A Lloyd's insurer shall not transact life insurance; and (3) A title insurer shall be a stock insurer and shall be authorized to transact only title insurance and closing protection letters, pursuant to Code Section 33-7-8.1 . Amended by 2019 Ga. Laws 139,§ 1-15, eff. 7/1/2019. Amended by 2012 Ga. Laws 734,§ 1, eff. 5/2/2012. An insurer which otherwise qualifies to transact insurance in Georgia may be authorized to transact any one kind or combination of kinds of insurance as defined in Chapter 7 of this title except: (1) A reciprocal insurer shall not transact life insurance; (2) A Lloyd's insurer shall not transact life insurance; and (3) A title insurer shall be a stock insurer and shall be authorized to transact only title insurance and closing protection letters, pursuant to Code Section 33-7-8.1 . Amended by 2019 Ga. Laws 139,§ 1-15, eff. 7/1/2019. Amended by 2012 Ga. Laws 734,§ 1, eff. 5/2/2012. An insurer which otherwise qualifies to transact insurance in Georgia may be authorized to transact any one kind or combination of kinds of insurance as defined in Chapter 7 of this title except: (1) A reciprocal insurer shall not transact life insurance; (2) A Lloyd's insurer shall not transact life insurance; and (3) A title insurer shall be a stock insurer and shall be authorized to transact only title insurance and closing protection letters, pursuant to Code Section 33-7-8.1 .
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