House Bill No. by Representative Taylor amends R.S. 22:1286 to strengthen protections for policyholders aged sixty-five and older regarding automobile liability insurance premiums. The bill explicitly prohibits insurers from increasing premiums solely based on the policyholder's age, ensuring that age discrimination in insurance pricing is not tolerated.

Additionally, the bill introduces a penalty for insurers who violate this provision, imposing a fine of up to ten thousand dollars for each infraction. This amendment aims to safeguard older policyholders from unfair premium increases and holds insurers accountable for discriminatory practices.

Statutes affected:
HB258 Original: