House Insurance Committee Property and Casualty Subcommittee
Chairman Steve Tarvin (R-Chickamauga) and members of the Property and Casualty Subcommittee took action on some legislation this morning:
HB 241, authored by Representative Matthew Gambill (R-Cartersville), seeks to amend O.C.G.A. 33-7-6, relating to property insurance, contract requirements, rules and regulations, and exemptions, so as to revise the meaning of property insurance and also to change the parameters under which certain contracts, agreements, or instruments may be canceled. The legislation attempts to streamline service contracts like statutes are done in 49 other states and the District of Columbia and provide for the opportunity for cancellation of those contract with a refund permitted to unused premiums. The legislation received a DO PASS recommendation, moving the bill to the House Rules Committee.
State Rep. Will Wade named to multiple legislative committees
State Rep. Will Wade (R-Dawsonville) has been officially named to the Georgia House of Representatives committees on banks and banking, education, and state planning and community affairs.
“I am excited to be able to utilize nearly 23 years of professional experience in community banking to assist in the process of helping craft legislation that impacts the industry I love,” Wade said in a release.
Similarly, with his appointment to the Georgia house Education committee, Wade said that he would use his experience from serving on the Dawson County Board of Education to influence his decisions.
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It’s become tradition for lawmakers and lobbyists that the first Wednesday of each new legislative session start with an early morning surrounded by hundreds of their closest friends at the Georgia World Congress Center jockeying to read the political tea leaves (and get a better table assignment) at the Georgia Chamber of Commerce’s Eggs & Issues breakfast. That tradition lived on today, although in an all-virtual format, as attendees gathered around their computer monitors with their own coffee and breakfast of choice. Attendees heard from the State’s top three leaders, Governor Brian Kemp, Lieutenant Governor Geoff Duncan, and Speaker of the House David Ralston, as they teased their priorities for the session. And in segments new to this year’s event, Democratic and freshman lawmakers shared their perspectives with guests. More details on #EggsAndIssues21, as well as highlights of new legislation introduced in b