More Insurance Measures to be Considered in La.

June 2, 2006

While the Louisiana House of Representatives Insurance Committee recently killed two bills and moved another forward, other insurance related measures are waiting in the wings.

According to the Tatman Group, a lobbyist for the Professional Insurance Agents of Louisiana, bills to watch for in the coming week include:

–SB 510 – Quinn – Provides for homeowner’s insurance policy claims for damages attributed to covered and uncovered losses under the policy (concurrent cause of loss – wind vs. flood).
–HB 346 – Ansardi – Provides for insurance policy information disclosure.
–HB 1358 – Carter, K – Provides insured with a private cause of action for certain acts.
–HB 318 – Richmond, Prohibits insurers from using 2005 credit information to underwrite or rate risk for persons who resided in declared disaster areas in 2005.

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