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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2012 ENROLLED
SENATE BILL NO. 232
BY SENATOR BROOME
AN ACT1
To amend and reenact R.S. 22:18(A), relative to the suspension or revocation of insurers'2
licenses; to provide for the issuance of cease and desist orders by the commissioner;3
and to provide for related matters.4
Be it enacted by the Legislature of Louisiana:5
Section 1. R.S. 22:18(A) is hereby amended and reenacted to read as follows:6
ยง18. Suspension or revocation of insurers' licenses; fines; orders7
A. The commissioner of insurance may, as a penalty, in accordance with8
R.S. 49:961, refuse to renew, or may suspend, or revoke the certificate of authority9
or license of any insurer, person, or entity violating any of the provisions of this10
Title Code, or in lieu of suspension or revocation of a certificate or license duly11
issued, the commissioner may levy a fine not to exceed one thousand dollars for each12
violation per insurer, person, or entity, up to one hundred thousand dollars13
aggregate for all violations in a calendar year per insurer, person, or entity, when14
such violations warrant the refusal, suspension, or revocation of such certificate or15
license, or the imposition of the fine. The commissioner is also authorized to16
order any insurer, person, or entity to cease and desist any such action that17
violates any provision of this Code. An aggrieved party affected by the18
commissioner's decision, act, or order may demand a hearing in accordance with19
Chapter 12 of this Title, R.S. 22:2191 et seq. If the insurer has demanded a timely20
hearing, the penalty or fine ordered by the commissioner shall not be imposed until21
such time as the division of administrative law makes a finding that the penalty or22
ACT No. 319 SB NO. 232 ENROLLED
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
fine is warranted in a proper hearing, held in the manner provided in Chapter 12 of1
this Title.2
* * *3
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED: