Creates the Louisiana Entrepreneurial Assistance and Development (LEAD) Program which grants a tax reduction to insurance companies who invest in the fund. (8/15/11)
Establishes within the Department of Insurance an advisory work group to examine methods to allow an insured under a life insurance policy or the contract holder of an annuity to convert the policy or annuity to a long term care benefit.
Specifies the contents of a notice of wrongful conduct, including showing cause as to why regulatory action should not be taken by the insurance commissioner