This bill amends and reenacts sections of Louisiana law regarding the disclosure of contact information and the requirements for insurance anti-fraud plans. It mandates that every person licensed by the commissioner of insurance and every authorized risk-bearing entity must provide accurate contact information, including the names, mailing addresses, phone numbers, and email addresses of individuals responsible for handling consumer complaints and inquiries related to the financial condition and tax payments of the entity. Additionally, the bill requires that any changes to this information be reported to the commissioner within thirty days.

Furthermore, the bill enhances the requirements for insurance anti-fraud plans by stipulating that authorized insurers and health maintenance organizations must file a summary report detailing material changes to their anti-fraud plans. This report must include comprehensive data such as the number of policies in effect, premiums written, claims received, and various statistics related to fraud investigations. The commissioner is also given the authority to prescribe the format of these summary reports, ensuring that the information is organized and accessible for regulatory purposes.

Statutes affected:
HB399 Original: 22:1(F)
HB399 Engrossed: 22:1(F)
HB399 Enrolled: 22:1(F)
HB399 Act 614: 22:1(F)