Louisiana 2017 2017 Regular Session

Louisiana House Bill HB542 Comm Sub / Analysis

                    DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part of the
legislative instrument.  The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
HB 542 Original	2017 Regular Session	Stokes
Abstract: Provides for the line of travel insurance to be offered in Louisiana.
Proposed law applies to travel insurance where policies and certificates are delivered or issued for
delivery in La.
Proposed law subjects travel insurers to the provisions of the Insurance Code in regards to
requirements for deposits, assessments, fees, and taxes.
Proposed law allows for the offering of travel protection plans for one price if there is no finding that
the travel insurance market is noncompetitive, certain waivers are clearly delineated in the plan's
materials, and the plan clearly discloses that it includes travel insurance, travel assistance services,
and cancellation fee waivers.
Proposed law allows the inclusion of blanket travel insurance coverage with the purchase of a trip.
Proposed law allows travel insurance to be provided by an individual policy or under a group or
master policy. Proposed law allows the commissioner to promulgate rules and regulations under the APA.
Effective Jan. 1, 2018.
(Adds R.S. 22:1351-1358)