This bill amends several sections of Louisiana's insurance law, specifically R.S. 22:1968, 1969(A), and 2191(B)(1). It updates the process for issuing notices of hearing related to unfair trade practices by allowing the commissioner to issue a notice if there is reason to believe that a person is engaging in such practices. The bill introduces provisions for the electronic or physical delivery of these notices, enhancing communication efficiency. Additionally, it allows the commissioner to adopt rules for electronic delivery in accordance with the Administrative Procedure Act.

Furthermore, the bill modifies the timeline for responding to notices of violations. It stipulates that if a person does not respond within twenty days of receiving the notice—whether through mailing, faxing, or electronic/physical delivery—the commissioner can proceed with findings and issue a cease and desist order. The demand for a hearing by an aggrieved party must now be filed within thirty days of receiving notice, whether by mail or electronic/physical delivery, ensuring that parties have a clear and consistent timeframe to respond to actions taken against them.

Statutes affected:
HB605 Original: 22:1969(A), 22:2191(B)(1)
HB605 Engrossed: 22:1969(A), 22:2191(B)(1)
HB605 Reengrossed: 22:1969(A), 22:2191(B)(1)
HB605 Enrolled: 22:1969(A), 22:2191(B)(1)
HB605 Act 135: 22:1969(A), 22:2191(B)(1)