Louisiana 2018 2018 Regular Session

Louisiana House Bill HB451 Engrossed / Bill

                    HLS 18RS-723	ENGROSSED
2018 Regular Session
HOUSE BILL NO. 451
BY REPRESENTATIVE PIERRE
INSURANCE:  Provides relative to the licensing of foreign and alien insurers
1	AN ACT
2To amend and reenact R.S. 22:337(A)(introductory paragraph) and (17), relative to the
3 licensing of foreign and alien insurers; to require foreign and alien insurers to retain
4 licensed workers' compensation claims adjusters domiciled in Louisiana; to make
5 technical changes; and to provide for related matters.
6Be it enacted by the Legislature of Louisiana:
7 Section 1.  R.S. 22:337(A)(introductory paragraph) and (17) are hereby amended and
8reenacted to read as follows: 
9 ยง337.  Refusal, suspension, and revocation of certificate of authority
10	A.  The commissioner of insurance may refuse, suspend, or revoke the
11 certificate of authority of a foreign or alien insurer whenever he shall find upon
12 finding that such the insurer:
13	*          *          *
14	(17)  Fails to maintain a claims office for processing workers' compensation
15 insurance claims in this state, as required by R.S. 23:1161.1, or to retain the services
16 of Louisiana domiciled independent licensed workers' compensation claims adjusters
17 domiciled in this state.  This Paragraph shall not apply to reinsurers licensed or
18 accredited to do business in the state.
19	*          *          *
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CODING:  Words in struck through type are deletions from existing law; words underscored
are additions. HLS 18RS-723	ENGROSSED
HB NO. 451
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 451 Engrossed 2018 Regular Session	Pierre
Abstract: Requires foreign and alien insurers to retain licensed workers' compensation
claims adjusters domiciled in La.
Present law authorizes the commissioner of insurance to refuse, suspend, or revoke the
certificate of authority of a foreign or alien insurer upon finding that the insurer fails to
maintain a claims office for processing workers' compensation insurance claims in this state,
as required by law, or to retain the services of La.-domiciled independent claims adjusters. 
Proposed law changes the requirement from "La.-domiciled independent claims adjusters"
to "licensed workers' compensation claims adjusters domiciled in this state".
Proposed law makes technical changes.
(Amends R.S. 22:337(A)(intro. para.) and (17))
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CODING:  Words in struck through type are deletions from existing law; words underscored
are additions.