This bill amends and reenacts specific sections of Louisiana's insurance law, particularly R.S. 22:1968, 1969(A), and 2191(B)(1). It introduces provisions for the commissioner to issue notices of wrongful conduct when there is reason to believe that a person is engaging in unfair trade practices. The bill allows for the commissioner to adopt rules for the electronic delivery of these notices, enhancing the efficiency of communication regarding violations.

Additionally, the bill specifies that if a person does not respond to a notice within twenty days, the commissioner can determine if a violation has occurred 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 mail or electronic/physical delivery. This update aims to streamline the process of addressing violations and improve the overall handling of insurance matters in Louisiana.

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)