SLS 20RS-49 ORIGINAL
2020 Regular Session
SENATE BILL NO. 299
BY SENATOR JACKSON
INSURANCE RATES. Prohibits insurers from using certain criteria for rate setting.
(8/1/20)
1 AN ACT
2 To amend and reenact R.S. 22:1454(A), relative to rating standards and methods; to prohibit
3 the use of credit scores, employment classifications, or marital status to classify
4 risks; and to provide for related matters.
5 Be it enacted by the Legislature of Louisiana:
6 Section 1. The Legislature of Louisiana hereby finds that the use of certain criteria
7 by automobile insurers in determining rates amounts to discriminatory taxation of certain
8 classes of people. The provisions of this Act eliminate the widow tax, the blue collar worker
9 tax, and the credit tax imposed by automobile insurers.
10 Section 2. R.S. 22:1454(A) is hereby amended and reenacted to read as follows:
11 ยง1454. Rating standards and methods
12 A. Rates shall not be inadequate or unfairly discriminatory in a competitive
13 market. Rates shall not be excessive, inadequate, or unfairly discriminatory in a
14 noncompetitive market. Risks may be classified using any criteria except that no risk
15 shall be classified on the basis of race, color, creed, or national origin, credit score,
16 employment type or classification, or status as a widow or widower.
17 * * *
Page 1 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 299
SLS 20RS-49 ORIGINAL
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by LG Sullivan.
DIGEST
SB 299 Original 2020 Regular Session Jackson
Present law prohibits rates from being inadequate or unfairly discriminatory in a competitive
market. Further prohibits rates from being excessive, inadequate, or unfairly discriminatory
in a noncompetitive market. Provides that no risk shall be classified on the basis of race,
color, creed, or national origin.
Proposed law retains present law and prohibits risks from being classified on the basis of
credit score, job type, or status as a widow or widower.
Effective August 1, 2020.
(Amends R.S. 22:1454(A))
Page 2 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.