Louisiana 2022 2022 Regular Session

Louisiana House Bill HB118 Comm Sub / Analysis

                    RÉSUMÉ DIGEST
ACT 371 (HB 118) 2022 Regular Session	Firment
Existing law provides for the members who serve on the La. Property and Casualty Insurance
Commission (commission).
New law retains existing law and adds the following members to the commission:
(1)A representative of the La. Claims Assn.
(2)A representative of the National Assn. of Independent Insurance Adjusters.
(3)A representative of the American Adjuster Assn.
(4)A representative of the American Policyholder Assn.
New law creates an ad hoc committee under the commission to study catastrophe property
claims.
New law provides that the ad hoc committee to study catastrophe property claims shall
consist of the following members:
(1)The governor or his designee.
(2)The commissioner of insurance or his designee.
(3)Two members of the Senate Committee on Insurance selected by its chairperson.
(4)Two members of the House Committee on Insurance selected by its chairperson.
(5)A representative of the Independent Insurance Agents & Brokers of La.
(6)A representative of the National Assn. of Mutual Insurance Companies.
(7)One consumer representative selected by the speaker of the House of
Representatives.
(8)One consumer representative selected by the president of the Senate.
(9)A representative of the La. Claims Assn.
(10)A representative of the National Assn. of Independent Insurance Adjusters.
(11)A representative of the American Adjuster Assn.
(12)A representative of the American Policyholder Assn.
(13)A representative of the American Property Casualty Insurance Assn.
(14)A representative of the Professional Insurance Agents of La.
Prior law provided that a representative of the Property Casualty Insurers Assn. of America
shall serve as a member on the La. Property and Casualty Insurance Commission, the
automobile insurance ad hoc committee, the homeowners ad hoc committee, and the workers'
compensation insurance ad hoc committee.
New law changes a member of the commission and its ad hoc committees in prior law from
a representative of the Property Casualty Insurers Assn. of America to a representative of the
American Property Casualty Insurance Assn. to reflect the organization having changed its
name.
New law makes technical changes. Effective Aug. 1, 2022.
(Amends R.S. 22:2171(C)(7), (D), (E)(6), (F)(12), (G)(12), and (H)-(L); Adds R.S.
22:2171(C)(23)-(26) and (M))