Louisiana 2023 2023 Regular Session

Louisiana Senate Bill SB156 Comm Sub / Analysis

                    HASBSB156 MCCLOUDT 2510
SENATE SUMMARY OF HOUSE AMENDMENTS
SB 156	2023 Regular Session	Duplessis
KEYWORD AND SUMMARY AS RETURNED TO THE SENATE
INSURANCE POLICIES. Provides that no property insurance policy shall prohibit
an insured from hiring a public adjuster. (8/1/23)
SUMMARY OF HOUSE AMENDMENTS TO THE SENATE BILL
1. Exempts commercial insurance policies written by surplus lines insurers from
prohibiting insures from including a policy provision that would disallow an
insured the right to hire a public adjuster.
2. Requires insurers to file required rate filing to the commissioner by Nov. 1,
2023.
3. Makes technical changes.
DIGEST OF THE SENATE BILL AS RETURNED TO THE SENATE
SB 156 Reengrossed 2023 Regular Session	Duplessis
Present law authorizes an insurer to include certain prohibitory provisions in a property
insurance policy.
Proposed law retains present law and further prohibits an insurer from including a policy
provision that would disallow an insured the right to hire a public adjuster for services as
provided by law.
Proposed law exempts commercial insurance policies written by surplus lines insurers from
the prohibition in proposed law.
Proposed law requires insurers to file rate filing as provided in present law to the
commissioner by Nov. 1, 2023.
Effective August 1, 2023.
(Adds R.S. 22:1274)
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Tyler S. McCloud
Division 4 Director