Louisiana 2017 2017 Regular Session

Louisiana Senate Bill SB45 Comm Sub / Analysis

                    The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Cheryl Cooper.
DIGEST
SB 45 Engrossed	2017 Regular Session	John Smith
Present law defines ocean marine insurance relative to Louisiana Insurance Guaranty Association
Law.
Proposed law makes the definition of ocean marine insurance contained in present law applicable
to all of the insurance code.
Proposed law includes the provisions of the Direct Action Statute as stated in present law
in the definition of ocean marine insurance.
Effective August 1, 2017.
(Amends R.S. 22:2055(13); adds R.S. 22:46(19))
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Insurance to the original bill.
1. Includes the Direct Action Statute in the definition of ocean marine insurance.