The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Beth O'Quin.
DIGEST
SB 38 Original 2023 Regular Session Talbot
Present law exempts the Insurance Guaranty Association Fund from liability for special damages
awarded for a property damage insurance claim under present law.
Proposed law retains present law but adds the Louisiana Citizens Property Insurance Corporation
(Citizens) to the exemption.
Present law provides an insurer is subject to penalties, attorney fees, and cost when a property
damage insurance claim is not paid within the time periods set forth by law and the insurer's failure
to pay was arbitrary, capricious, or without probable cause.
Proposed law retains present law but provides Citizens cannot be liable for special damages awarded
for a property damage insurance claim under present law.
Effective August 1, 2023.
(Amends R.S. 22:1973(F); adds R.S. 22:1892(H))
Statutes affected: SB38 Original: 22:1973(F)