In Georgia effective January 1st, 2009, when an insurer pays a claim to a third party on behalf of the insured, the third party’s lienholder must be included on the settlement draft. Additionally the estimate must have printed on it the following…  ”‘Failure to use the insurance proceeds in accordance with a security agreement between you and a lienholder, if any, may be a violation of Code Section 16-8-4 of the O.C.G.A. If you have any questions, contact your lending institution.”

Click here for the link to the bill.