House Bill No. by Representative Taylor amends R.S. 22:1286 to prohibit insurers from increasing premiums for automobile liability insurance solely based on the insured's age of sixty-five or older. The bill specifically states that insurers shall not impose such increases, thereby protecting older policyholders from age discrimination in insurance pricing.
Additionally, the bill introduces a penalty for insurers who violate this provision, allowing for regulatory action by the commissioner as authorized by existing law. This legislative change aims to ensure fair treatment of older individuals in the automobile insurance market and to prevent discriminatory practices based on age.
Statutes affected: HB258 Original:
HB258 Engrossed:
HB258 Enrolled:
HB258 Act :