Under Georgia's classes and definitions of insurance (O.C.G.A. §§ 33-3-5 and 33-7-3), which of the following pairings of statutory class and example coverage is most accurate for Georgia insurance regulation?

Why this is the answer

O.C.G.A. § 33-3-5 arranges the kinds of insurance into Georgia's statutory classes, and Chapter 7 defines them. Under § 33-7-3, casualty insurance includes coverage against legal liability for death, injury, or disability of any person and for damage to property of another, plus related medical, hospital, and disability benefits. Property insurance covers direct damage to insured property (e.g., fire, lightning, windstorm). Marine insurance includes both ocean and inland transportation exposures. Premises liability is therefore casualty, not property; lightning damage to a home is property, not casualty.