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HB 1263

Insurance; premiums made within three years of payment to the Commissioner; provide for a claim for a refund of certain fees and taxes

2025-2026 Regular Session Introduced by Bill Fincher and 5 co-sponsors

Georgia bill allows policyholders to claim three-year refunds of insurance fees and taxes paid, shifting liability to insurers for potentially improper charges assessed.

Senate Read Second Time
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Bill Summary · HB 1263

Legislative bill overview

HB 1263 allows insurance policyholders to claim refunds of certain fees and taxes paid on premiums within a three-year period prior to filing a claim with the Insurance Commissioner. The bill essentially creates a mechanism for consumers to recover overpaid insurance-related charges that were assessed during the lookback period.

Why is this important

This measure directly affects consumers' wallets by enabling recovery of potentially thousands of dollars in disputed fees and taxes. It shifts the burden toward insurance companies and the state to justify charges collected, potentially increasing compliance scrutiny of fee structures across Georgia's insurance market.

Potential points of contention

  • Fiscal impact on insurers: Insurance companies may face significant refund obligations if widespread overpayment or improper fee assessment is found, potentially leading to higher premiums for remaining policyholders
  • Definition ambiguity: The bill's language regarding "certain fees and taxes" lacks specificity—unclear which charges qualify, potentially creating disputes over claim eligibility and administrative burden
  • Statute of limitations fairness: The three-year window may disadvantage consumers who discover overpayment after three years while potentially retroactively exposing insurers to liability they believed settled

Compiled from official sources — confirm details with the bill’s official record.

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