LA SB111

Amends Louisiana insurance law (R.S. 22:1892) to modify the definition of breach of good faith duty by insurers to include misrepresentation of "relevant insurance policy provisions" rather than just "insurance policy provisions"

Prohibits bad faith causes of action against insurers in personal injury or bodily injury claims when there is a good faith dispute as to liability or medical causation for alleged injuries

Bars bad faith claims when a third-party claimant has not presented an offer within policy limits and given the insurer at least 30 days to respond, or when the insurer has not had adequate opportunity to conduct discovery

Prevents claimants from bringing separate bad faith causes of action against individual representatives of insurers distinct from the cause of action against the insurer itself