LA HB413

Prohibits insurers from using rating factors in automobile insurance rate filings that are based solely on loss experience from catastrophes or natural disasters that only affected other lines of insurance (such as homeowners insurance)

Exception allows insurers to include such catastrophe-based rating factors in multi-line policies that bundle auto with other coverage types

Authorizes consideration of other relevant actuarial factors available at the time of rate filing when determining whether rates are excessive, inadequate, or unfairly discriminatory

Amends R.S. 22:1454(B)(5) and adds R.S. 22:1454(B)(6) to Louisiana property and casualty insurance rating standards

Effective January 1, 2027