Georgia lawmakers worked down to the final hours on Crossover Day, one of the most important deadlines of the legislative session, as they rushed to move bills through the House and Senate before time ran out.
Georgia lawmakers are taking a closer look at why auto insurance rates continue to rise, even as the insurance industry shows mixed financial performance. Recent data presented to a special House committee shows that while commercial, health, and life insurance companies have seen growing pre-tax gains, the auto and homeowners insurance segments have struggled. Industry analysts say personal insurance profits dropped below zero in 2021 and have remained in the red through 2023.