LA SB40

Adds a new requirement of at least 2 hours of continuing education on legislative updates in insurance law for insurance producers, consultants, adjusters, and public adjusters

Increases the threshold for claims that can be adjusted by unlicensed insurer employees from $500 to $2,000 for first-party property and casualty claims

Maintains existing 24-hour total continuing education requirement per renewal cycle, with at least 3 hours on ethics and 3 hours on flood insurance (for property/casualty licensees)

Applies to life, accident/health, property, casualty, and personal lines insurance producers and consultants, as well as licensed adjusters and public adjusters