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LA SB137

Bill

Status

Passed

6/20/2025

Primary Sponsor

Kirk Talbot

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Insurers authorized to sell automobile or property insurance in Louisiana must notify the Insurance Commissioner within 10 days of informing their agents about any decision to cease, pause, or resume writing new policies in any geographic region of the state

  • Required notice must include the effective date, lines of insurance affected, specific geographic area impacted, and reasons for the action

  • Information submitted to the commissioner is confidential and exempt from public records disclosure, except by court order

  • Temporary cessations due to impending natural disasters are excluded from the notification requirement

  • Effective January 1, 2026

Legislative Description

Requires insurers to notify the Department of Insurance upon ceasing, pausing, or resuming the writing of policies in a particular region. (1/1/26)

INSURERS

Last Action

Effective date 1/1/2026.

6/20/2025

Committee Referrals

House and Governmental Affairs5/14/2025
Insurance4/24/2025
Insurance4/4/2025

Full Bill Text

No bill text available