Louisiana 2020 Regular Session

Louisiana House Bill HB857 Latest Draft

Bill / Introduced Version

                            HLS 20RS-1328	ORIGINAL
2020 Regular Session
HOUSE BILL NO. 857
BY REPRESENTATIVE HOLLIS
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; to provide for applicability; to provide for an effective date; and
6 to provide for related matters.
7Be it enacted by the Legislature of Louisiana:
8 Section 1.  R.S. 22:337(A)(introductory paragraph) and (17) are hereby amended and
9reenacted to read as follows: 
10 ยง337.  Refusal, suspension, and revocation of certificate of authority
11	A.  The commissioner of insurance may refuse, suspend, or revoke the
12 certificate of authority of a foreign or alien insurer whenever he shall find upon
13 finding that such insurer:
14	*          *          *
15	(17)  Fails to maintain a claims office for processing workers' compensation
16 insurance claims in this state, as required by R.S. 23:1161.1, or to retain the services
17 of Louisiana domiciled independent licensed workers' compensation claims adjusters
18 domiciled in this state.  This Paragraph shall not apply to reinsurers licensed or
19 accredited to do business in the state. meeting the requirements for reinsurance
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CODING:  Words in struck through type are deletions from existing law; words underscored
are additions. HLS 20RS-1328	ORIGINAL
HB NO. 857
1 credits in R.S. 22:651.  This Paragraph shall also not apply to self insured employers
2 meeting the requirements of R.S. 23:1168 et seq.
3	*          *          *
4 Section 2.  This Act shall become effective on July 1, 2020.
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 857 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 changes the applicability of present law regarding reinsurers from excluding
reinsurers licensed to do business in La. to excluding reinsurers who meet the requirements
for reinsurance credits outlined in present law, R.S. 22:651.
Proposed law also makes present law inapplicable to self-insured employers meeting the
requirements of present law, R.S. 23:1168.
Proposed law makes technical changes.
Effective July 1, 2020.
(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.