What is the document stating that an insurer is authorized to transact insurance in Georgia called?

The document that indicates an insurer is authorized to transact insurance in Georgia is known as the Certificate of Authority. This certificate is crucial because it serves as official recognition from the state's insurance department, confirming that the insurer has met all regulatory requirements and is permitted to operate within the state. The issuance of this certificate ensures that the insurer complies with state laws, regulations, and financial standards, providing a level of assurance to consumers and agents alike that the company is a legitimate entity authorized to offer insurance products.

A Certification of Insurance typically refers to a document verifying that an insurance policy is in place, rather than indicating authorization to do business. An Insurance License generally applies to individual agents or brokers who sell insurance, not insurance companies themselves. Company Registration is a broader term that refers to the formation of a business entity but does not specifically pertain to the authority to transact insurance. The specific terminology in this context emphasizes the regulatory compliance required for insurers operating in Georgia.