The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Senate Legislative Services. The keyword,
summary, 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)]
DIGEST
SB 199 Original 2025 Regular Session Myers
Present law provides for regulation of unfair trade practices in the business of insurance by the
commissioner of insurance.
Proposed law retains present law.
Proposed law defines "business of insurance".
Proposed law prohibits any act affecting the business of insurance that is an unfair method of
competition or an unfair or deceptive act in the conduct of the business of insurance.
Proposed law authorizes the commissioner to take action against any person not licensed by the
Department of Insurance who the commissioner has reason to believe is engaged or has been
engaged in the business of insurance and committed any unfair trade practice without requiring the
commissioner to adhere to any hearing requirements that would be required if the person was
licensed by the department. Provides that proposed law shall not preclude a person aggrieved by a
decision of the commissioner from seeking any other remedy provided by law.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Amends R.S. 22:1961, 1963, and 1968(A) and (B); adds R.S. 22:1962(G) and 1968(C))