✅ Passed #Louisiana P&C #Insurance Legislation

✅ Passed #Louisiana P&C #Insurance Legislation

1. House Bill 148 (Act No. 11) — Effective August 1, 2025

Empowers the Insurance Commissioner to reject rate increases deemed excessive, inadequate, or unfairly discriminatory.

Allows ordering refunds or additional premiums depending on findings.

Requires prior-policy premium disclosure: the previous premium must be prominently displayed near the renewal premium on policy notices.


2. Insurance & Tort Reform Package — Signed mid‑2025

Multiple auto‑insurance and legal reform acts became law, including:

Act 15 (HB 431): Implements modified comparative fault, disqualifying anyone ≥ 51% at fault from recovering damages (effective Jan 1, 2026).

Act 18 (HB 450): Repeals the Housely presumption, requiring plaintiffs to prove injuries arose from the accident, instead of relying on prior treatment gaps.

Act 85 (HB 438): Bars insurers from including institutional advertising expenses when setting rates (effective Jan 1, 2026).

House Bill 434 (“No Pay‑No Play” reform): Uninsured drivers can’t recover the first $100,000 in bodily injury or property damage (effective Aug 1, 2025); also imposes cost‑bearing requirements on small awards.

Additional laws include caps on non-economic damages against unauthorized immigrants, new prescriptions for wrongful death claims, and rate‑transparency reporting provisions .


3. Property Insurance Regulation Enhancements

A set of reforms aimed at bolstering property insurance transparency and options also passed, including:

Stated Value Homeowner’s Policy Act (HB 356): Requires that insurers offer stated-value homeowner’s policies, allowing homeowners to insure based on a mutually agreed declared value rather than strictly market value.

Transparency measures and insurer notification requirements were also enacted, including advance notice when insurers plan to exit or expand in areas.