In the Senate Insurance Committee last week,
by Rep. Huval, passed. Jointly with IIABL,
HAFA, NAIFA and LAHU, PIA worked with Rep. Huval to draft
to correct an unintended consequence of
Act 283, which we believe allowed producers to charge a fee for both
individual as well as group health insurance policies. However, the
DOI disagreed with this interpretation, so we have jointly worked to
clean this language up to ensure our producers are rightly paid for
selling group and individual policies. During the House Insurance
Committee hearing, there was quite a bit discussion by committee
members about how much of a fee the agent can charge, so the following
amendment was added
), which requires a written notice
of the fee be issued and signed by the insured. It is now expected to
go to the full Senate this week for passage.
Coming up this week in Senate Insurance Committee (Wednesday,
May 17 at 9:30 a.m.):
, which exempts Louisiana residents from the
assessment of penalties for noncompliance with the Patient Protection
and Affordable Care Act.
, which allows employees of insurance companies
that are not licensed claims adjusters to adjust certain losses that do
not exceed $500.
, which provides for identification of dental
benefit plan coverage.
, which provides for review of fees charged
for external review.
, which prohibits insurers from combining a
higher classified public fire protection area with a lower classified
public fire protection area for the purpose of determining insurance
rates for both districts.
, which provides for the change of insurance
producer on record. PIA Supports
, which provides for travel insurance.
Coming up in House Insurance Committee this week (Thursday, May 18 at
, which provides relative to the insurance
premium tax credit.
, which provides relative to the sale of
policies issued by the Louisiana Citizens Property Insurance Corporation.
, which provides relative to the definition
of ocean marine insurance.
, which provides for the removal of an offset
or credit against uninsured motorist coverage when the carrier is insolvent.
To see a full list of the bills PIA is monitoring this legislative
session, please click
. If you have any questions about any of the
bills, please contact
for a recap of the full Session from our Lobbying
Team at Adams & Reese.