2018 Regular Session ENROLLED
SENATE CONCURRENT RESOL UTION NO. 55
BY SENATOR BISHOP
A CONCURRENT RESOL UTION
To urge and request the Louisiana Department of Insurance to assemble a task force to
address the high automobile insurance rates in the state.
WHEREAS, Louisiana is the second most expensive state for automobile insurance
in the nation; and
WHEREAS, in the past two years, five companies have left the state due to the
unprofitability of the automobile insurance industry; and
WHEREAS, fourteen percent of Louisiana drivers do not have insurance and forty
percent of drivers only have the bare minimum policy; and
WHEREAS, major metropolitan areas, such as New Orleans and Baton Rouge, have
considerably higher automobile insurance rates than other less populated areas in the state.
THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby
urge and request the Louisiana Department of Insurance to assemble a task force to address
the high automobile insurance rates in the state and submit a report with findings and
recommendations to the senate and house committees on insurance by March 1, 2019.
BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the
Louisiana Department of Insurance.
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
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