LA HB287

Louisiana residents insured by auto insurers domiciled in Arkansas, Mississippi, or Texas would have those states' laws govern claims arising from automobile accidents, rather than Louisiana law

Insurers, agents, and brokers in Louisiana are authorized to sell policies from these foreign insurers but must provide written disclosure that the policy is from a foreign insurer, foreign law will apply to claims, and the policy meets that state's regulations

Louisiana's two-year statute of limitations for personal injury claims would still apply regardless of which state's law otherwise governs

The Louisiana State Law Institute must compile and publish applicable laws from Arkansas, Mississippi, and Texas on its website by July 1, 2026

The law only takes effect on July 1, 2026, if the base rate for liability coverage among the top 20 private passenger auto insurers has not decreased by at least 7% between January 1, 2024 and December 31, 2025