Louisiana 2018 2018 Regular Session

Louisiana Senate Bill SCR55 Introduced / Bill

                    SLS 18RS-660	ORIGINAL
2018 Regular Session
SENATE CONCURRENT RESOL UTION NO. 55
BY SENATOR BISHOP 
AUTOMOBILE INSURANCE.  Requests the Louisiana Department of Insurance to
assemble a task force to address the high automobile insurance rates in the state.
1	A CONCURRENT RESOL UTION
2 To urge and request the Louisiana Department of Insurance to assemble a task force to
3 address the high automobile insurance rates in the state.
4 WHEREAS, Louisiana is the second most expensive state for automobile insurance
5 in the nation; and
6 WHEREAS, in the past two years, five companies have left the state due to the
7 unprofitability of the automobile insurance industry; and
8 WHEREAS, fourteen percent of Louisiana drivers do not have insurance and forty
9 percent of drivers only have the bare minimum policy; and
10 WHEREAS, major metropolitan areas, such as New Orleans and Baton Rouge, have
11 considerably higher automobile insurance rates than other less populated areas in the state.
12 THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby
13 urge and request the Louisiana Department of Insurance to assemble a task force to address
14 the high automobile insurance rates in the state and submit a report with findings and
15 recommendations to the senate and house committees on insurance by March 1, 2019.
16 BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the
17 Louisiana Department of Insurance.
Page 1 of 2 SCR NO. 55
SLS 18RS-660	ORIGINAL
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Cheryl Cooper.
DIGEST
SCR 55 Original 2018 Regular Session	Bishop
Requests the Louisiana Department of Insurance to assemble a task force to address the high
automobile insurance rates and submit a report with findings and recommendations to the
senate committees on insurance by March 1, 2019.
Page 2 of 2