House Bill No. by Representative Taylor amends R.S. 22:1286 to prohibit automobile liability insurance insurers from increasing premiums solely based on an insured's age of sixty-five or older. The bill emphasizes that age discrimination in premium pricing is not permissible, ensuring that older policyholders are protected from unjustified rate hikes.
Additionally, the bill introduces penalties for insurers who violate this provision, allowing for regulatory actions by the commissioner as authorized by existing law. This legislative change aims to promote fairness in insurance practices and safeguard the rights of senior citizens in Louisiana.
Statutes affected: HB258 Original:
HB258 Engrossed:
HB258 Enrolled:
HB258 Act :