Bankers Life & Casualty Co. v. Cravey

Duckworth, Chief Justice.

The plaintiff in error came into Georgia in 1947 as a duly licensed insurance company and has conducted a successful business continuously until the defendant in error refused to renew its license as required by law on July 1, 1951. Conducting its insurance business in this State was not by mere grace of some individual officer, but instead was in virtue of a right to do so conferred by the laws of this State. Code of 1933, Chapter 56-4, as amended. Of course, being affected with the public interest, its business operations were subject to regulations prescribed by…