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, specifically for those who are sixty-five years or older. The bill emphasizes that insurers cannot discriminate against older policyholders in this manner, ensuring that age alone cannot be a factor in premium increases.

Additionally, the bill introduces penalties for insurers that violate this provision, allowing the commissioner to impose regulatory actions as necessary. This legislative change aims to protect older individuals from potential financial burdens related to their automobile insurance costs, promoting fairness in the insurance market.

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