This bill amends several sections of Louisiana's insurance law, specifically R.S. 22:1968, 1969(A), and 2191(B)(1). It introduces provisions for the electronic or physical delivery of notices related to unfair trade practices and violations. The commissioner of insurance is now required to issue a notice of wrongful conduct if there is reason to believe that a person is engaging in unfair trade practices, and this notice must comply with the relevant administrative procedures. Additionally, the commissioner is authorized to adopt rules for the electronic delivery of such notices.

Furthermore, the bill modifies the process for responding to notices of violations. If a person does not respond within twenty days of receiving the notice—whether by mail, fax, or electronic/physical delivery—the commissioner can determine if the person has engaged in unfair practices and issue a cease-and-desist order. It also clarifies that any demand for a hearing by an aggrieved party must be filed within thirty days of receiving notice, whether through traditional or electronic means, and must include specific details regarding the grounds for the hearing.

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)