House Bill No. 441, introduced by Representative Henry, amends and reenacts several provisions of Louisiana's insurance law, specifically R.S. 22:821, to increase fees collected by the commissioner of insurance. The bill raises the annual financial regulation fee for health maintenance organizations and various insurers from $1,000 to $2,000. Additionally, it increases fees related to producers' licenses, including the application fee for adding lines of insurance from $50 to $75, the initial company appointment fee from $30 to $45, and the renewal fee for individual company appointments from $20 to $35. The biannual renewal fee for producers is standardized to $75 for all lines of insurance, replacing the previous tiered structure.

Furthermore, the bill raises fees for claims adjuster licenses and registrations, increasing the first-time applicant fee from $55 to $75 and the biannual renewal fee from $50 to $75 for both resident and nonresident adjusters. Public adjuster fees are similarly adjusted, with first-time applicants facing a fee increase from $55 to $75 and renewal fees rising from $50 to $75. These changes are set to take effect on January 1, 2026.

Statutes affected:
HB441 Original: 22:821(B)(2)
HB441 Engrossed: 22:821(B)(2)