This bill amends and reenacts specific provisions of Louisiana's insurance law, particularly R.S. 22:1892, which pertains to the payment and adjustment of insurance claims. Notably, it modifies the definition of a breach of good faith duty by insurers, changing the language to specify that misrepresentation can include relevant insurance policy provisions. Additionally, the bill introduces new limitations on causes of action against insurers in personal injury claims, stating that no cause of action will arise when there is a good faith dispute regarding liability or medical causation, when a third-party claimant has not made an offer within policy limits, or when the insurer has not had the chance to conduct adequate discovery.

Furthermore, the bill establishes that the provisions regarding breaches of good faith duty do not create a separate cause of action against an insurer's representative that is distinct from the action against the insurer itself. This aims to streamline the claims process and clarify the responsibilities and limitations of insurers in handling claims, particularly in situations where disputes exist.

Statutes affected:
SB111 Original: 22:1892(I)(2)
SB111 Engrossed: 22:1892(I)(2)
SB111 Reengrossed: 22:1892(I)(2)
SB111 Enrolled: 22:1892(I)(2)