Louisiana 2024 2024 Regular Session

Louisiana House Bill HB144 Comm Sub / Analysis

                    SSHB144 3264 4760
HOUSE SUMMARY OF SENATE AMENDMENTS
HB 144	2024 Regular Session	Glorioso
INSURERS:  Prohibits issuance of property insurance policies relative to unimproved land
and replacement costs of improvements on immovable property
Synopsis of Senate Amendments
1.Removes policies with coverage limits exceeding 100% of the replacement
costs of improvements upon immovable property.
Digest of Bill as Finally Passed by Senate
Proposed law prohibits an insurer from delivering, issuing, or renewing any homeowner's
property coverage policy for loss or damage to improvements upon immovable property that
includes the value of unimproved land in the coverage limits.
(Adds R.S. 22:1339)
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