Requires each insurer subject to the Louisiana Insurance Guaranty Association Law to provide for a data transfer plan and file such plan with the commissioner of insurance
Provides the Louisiana Insurance Guaranty Association and the Louisiana Citizens Property Corporation shall not be liable for certain property damage insurance claims. (8/1/23)
Provides the Louisiana Insurance Guaranty Association and the Louisiana Citizens Property Insurance Cooperation exceptions from liability for certain property insurance claims.
Requests Louisiana Economic Development to study the impact COVID-19 has had on the Small Business Administration and the Louisiana Guaranty Program's loans and grants
Requests La. Economic Development to provide certain information relative to loans and grants distributed utilizing federal and state funding in response to the COVID-19 pandemic
Provides for bad faith liability for the Louisiana Insurance Guaranty Association
Provides relative to types of coverage available under surplus lines insurance (EG NO IMPACT See Note)
Provides relative to fees assessed by the Department of Economic Development (EN +$1,900,000 SG RV See Note)