This bill amends existing laws regarding public adjusters and contracting in the context of property and casualty insurance in Louisiana. It introduces new requirements for public adjusters, specifically stating that they must adhere to all general requirements, including a prohibition against acting as contractors or subcontractors or providing construction, roofing, or repair services related to insurance claims they have processed. This aims to prevent conflicts of interest and ensure that public adjusters focus solely on their role in managing insurance claims.
Additionally, the bill revises the regulations surrounding contracting services, removing the term "home improvement" from the title and expanding the scope of prohibited acts. It now includes provisions that prevent contractors from providing repair or construction agreements without a good faith estimate of costs. Furthermore, it prohibits advertising or soliciting as insurance claims specialists and offering any interpretation services related to insurance claims or policies. These changes are intended to enhance transparency and protect consumers in the insurance process.
Statutes affected: HB121 Original: 22:1693(G), 22:1706(H)
HB121 Engrossed: 22:1693(G), 22:1706(H)
HB121 Reengrossed: 22:1693(G), 22:1706(H), 37:1(S
HB121 Enrolled: 22:1706(H), 37:1
HB121 Act : 22:1706(H), 37:1