What HB 733 does: Creates a new insurance consumer and policyholder advocate position within the Georgia Department of Insurance and tightens rate-review rules by replacing the file-and-use system for auto insurance with a prior-approval process. Rate increase filings would be posted publicly within 10 days of submission, and any increase of 10% or more within 12 months would trigger a mandatory DOI examination.
Consumer impact: HB 733 does not explicitly apply to health insurance, which is a significant gap for Georgia consumers.