Loading chat...
LA HB306
Bill
Status
4/2/2025
Primary Sponsor
Kyle Green
Click for details
AI Summary
-
Expands who may make insurance referrals from only unlicensed "persons" to include "entities" as well
-
Broadens permissible referral methods beyond telephone numbers to include electronic mail addresses, websites, and direct referrals to insurance companies and their affiliates or partners
-
Prohibits referral compensation from being structured as sales commissions or based on the consumer's eventual purchase of insurance
-
Changes the compensation prohibition trigger from the customer's "application" for insurance to the consumer's actual "purchase" of insurance
-
Amends R.S. 22:1598(A) and (B) governing insurance referrals by unlicensed parties
Legislative Description
Provides relative to referrals for sales of insurance
INSURANCE
Last Action
Read by title, under the rules, referred to the Committee on Insurance.
4/14/2025