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LA HB306

Bill

Status

Introduced

4/2/2025

Primary Sponsor

Kyle Green

Click for details

Origin

House of Representatives

2025 Regular Session

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

Committee Referrals

Insurance4/2/2025

Full Bill Text

No bill text available