House Bill No. by Representative Taylor amends R.S. 22:1286 to prohibit automobile liability insurance companies from increasing premiums for policyholders solely based on their age of sixty-five or older. The bill specifically states that insurers are not allowed to discriminate against older insureds in this manner, ensuring that age alone cannot be a factor in premium increases.

Additionally, the bill introduces penalties for insurers who violate this provision, allowing the commissioner to impose regulatory actions as authorized by existing law. This legislative change aims to protect older individuals from potential financial burdens related to their automobile insurance premiums, promoting fair treatment in the insurance market.

Statutes affected:
HB258 Original:
HB258 Engrossed:
HB258 Enrolled:
HB258 Act :