March 2018

Page 5

IIABL LEGISLATIVE UPDATE Legislators have their hands full with the state budget problems. As a result, less than half the normal number of bills were filed in the 2018 Regular Session of the Louisiana Legislature. IIABL is only tracking 112 bills this session, which is less than half the normal number of insurance related bills. Following are a list of the most important insurance bills IIABL is lobbying this year, with a brief explanation and the current position IIABL is taking on each bill. Please note that our position is subject to change as the bill moves through the legislative process. You can click on the bill number for more information about each bill. If you have any questions, please feel free to contact IIABL CEO, Jeff Albright at JAlbright@IIABL.com.

HB 169

Talbot, Kirk(R)

Provides for notice of the cancellation of an insurance policy. Allows enhance bar code mailing. IIABL Supports.

HB 170

Foil, Franklin(R)

Provides relative to non-competition provisions in employment contracts. Voids noncompete contracts when employee is terminated. IIABL Opposes. IIABL met with Rep Foil and explained our concerns. Rep Foil agreed not to move HB 170.

HB 206

Anders, Andy(D)

Permits the employment of a convicted felon in the business of insurance in certain circumstances. Allows the commissioner to approve employment of a convicted felon. IIABL Supports.

HB 333

Talbot, Kirk(R)

Provides relative to the Louisiana Citizens Property Insurance Corporation Policy Take-Out Program. Allows LA Citizens to manage depopulation process. IIABL Supports.

HB 363

Huval, Mike(R)

Provides relative to the registration of controlling persons for business entities acting as insurance producers. Clarifies which persons must register with licensed businesses. IIABL Supports.

HB 370

Talbot, Kirk(R)

Authorizes electronic delivery of insurance coverage notices. IIABL negotiated legal protections for agents. IIABL Supports.

HB 472

Thibaut, Major(D)

Establishes the Louisiana Health Reinsurance Association. Establishes a state reinsurance program for individual health insurance. IIABL Supports.

HB 586

Harris, Jimmy(D)

Amends the Medical Malpractice Act. Increases the noneconomic damages cap from $500,000 to $1,000,000 and adds inflation index. IIABL Opposes.

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Louisiana Agent 5


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