Louisiana 2020 2020 Regular Session

Louisiana House Bill HB170 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 170 Original	2020 Regular Session	Hollis
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 if he finds the insurer is not maintaining a workers' comp
claims office, as required by law, or is not retaining the services of La. domiciled independent claims
adjusters.
Proposed law retains present law, but changes the terminology from "La. domiciled independent
claims adjusters" to "licensed workers' compensation claims adjusters domiciled in this state".
Present law provides that these requirements do not extend to reinsurers licensed to do business in
this state.
Proposed law requires that the reinsurers meet the requirements for reinsurance credits outlined in
present law, R.S. 22:651.
Proposed law makes technical changes.
Effective July 1, 2020.
(Amends R.S. 22:337(A)(intro. para.) and (17))