This bill amends and reenacts several sections of the Louisiana Revised Statutes regarding fees collected by the commissioner of insurance. Key changes include an increase in the annual financial regulation fee for health maintenance organizations and various insurance companies from $1,000 to $2,000. Additionally, the fees for producers' licenses have been adjusted, with first-time applicants now paying $75 instead of $50, and renewal fees for company appointments and producers also seeing increases.

Furthermore, the bill raises the fees for claims adjuster and public adjuster licenses, with first-time applicants and renewal fees both set at $75, up from $55 and $50, respectively. These changes aim to enhance the financial regulation of insurance entities and ensure that the fees reflect the current economic conditions. The new fee structure will take effect on January 1, 2026.

Statutes affected:
HB441 Original: 22:821(B)(2)
HB441 Engrossed: 22:821(B)(2)
HB441 Enrolled: 22:821(B)(2)
HB441 Act 501: 22:821(B)(2)