Prohibits Citizens Insurance Corporation from assessing rates in excess of 25% per year without approval from the Senate and House committees on insurance. (8/1/13) (EG DECREASE SG RV See Note)
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)
Prohibits class action lawsuits from being brought against the Dept. of Revenue or the office of debt recovery within the Dept. of Revenue (EN SEE FISC NOTE GF EX See Note)
Includes Louisiana Citizens Property Insurance Corporation among the entities exempt from furnishing bonds in judicial proceedings and provides relative to rates charged by the corporation in certain parishes. (8/1/12) (EN SEE FISC NOTE SG EX See Note)