Quin Hillyer: Gov. Jeff Landry's Insurance Bill Remains an Abominable Mess

Quin Hillyer: Gov. Jeff Landry's insurance bill remains an abominable mess

The Louisiana Senate tried to put a fig leaf on a horrid provision of an already-bad bill on insurance regulation, but the fig leaf covers nothing, and the provision still could do great damage. Despite pressure from Gov. Jeff Landry, the House should re-amend the bill to get it right.

Insurance Commissioner on abuse of the legal system and insurance reform battle in the House

Louisiana (KTAL/KMSS) — The legislative fiscal session has been on legal reform, according to Commissioner of Insurance of Louisiana, Tim Temple. The commissioner says the legislature is trying to address why premiums are so high in the state of Louisiana. Louisiana lawmakers push for reform amid auto insurance ‘crisis’ "When we do get into an accident, we have more than twice the frequency of bodily injury claims. More than twice the nati…

Legislature approves expanding insurance commissioner's authority

(The Center Square) – The Louisiana Legislature has passed a bill that would give the state insurance commissioner broader authority to regulate insurance rates − including the power to declare

Legislature moves to expand insurance commissioner’s authority

A bill giving Louisiana’s insurance commissioner expanded power to reject rate hikes is heading to the governor’s desk, The Center Square writes.  House Bill 148, sponsored by Rep. Jeff Wiley, R-Maurepas, removes the legal distinction between competitive and noncompetitive insurance markets—allowing the commissioner to deem rates “excessive” regardless of market conditions. The bill also redefines what qualifies as excessive, factoring in admini…