Provides relative to ratemaking systems utilized by insurers and rate service organizations
Provides relative to the ratemaking system utilized by insurers and rating organizations relative to rate filings
Prohibits insurance rate determinations based on risks classified by gender. (8/1/23)
Provides the Louisiana Insurance Guaranty Association and the Louisiana Citizens Property Insurance Cooperation exceptions from liability for certain property insurance claims.
Prohibits the use of certain information in automobile insurance underwriting. (8/1/24)
Provides relative to homeowners' insurance
Provides relative to the licensing and regulation of virtual businesses. (8/1/23) (EN NO IMPACT See Note)
Provides for rate filing procedures and requirements for rate making. (gov sig) (EN NO IMPACT See Note)
Moves the regulation of home service contract providers from the secretary of state to the Department of Insurance (OR SEE FISC NOTE SG RV)
Suspends the premium surcharge of at least ten percent assessed by the Louisiana Citizens Property Insurance Corporation (RE -$25,880,388 SG RV See Note)