Senate Bill No. 172, introduced by Senator Allain, aims to amend and reenact various sections of Louisiana's property insurance laws, with an effective date of August 1, 2025. The bill includes technical changes to existing provisions regarding the renewal of insurance policies, annulment of liability policies, presumption of coverage, and cancellation of automobile, property, casualty, and liability policies. Notably, it modifies language to clarify the conditions under which policies may be renewed or canceled, ensuring that insurers provide adequate notice and justification for nonrenewal or cancellation.

Key changes in the bill include the replacement of "Any" with "An" in the context of policy renewals, and the introduction of specific timeframes for submitting proof of loss following catastrophic events. Additionally, the bill stipulates that insurers cannot cancel or refuse to renew policies solely based on the age of the insured, and it mandates that any notice of cancellation must be sent via certified mail. Overall, the bill seeks to enhance consumer protections in the property insurance sector while maintaining the regulatory framework established by existing law.

Statutes affected:
SB172 Original: 22:1261(A), 22:1264(A), 22:1265(A)(1), 22:1266(A), 22:1266(B)(2), 22:1267(B), 22:1267(B)(2), 22:1(A), 22:1268(A), 22:1269(A), 22:1270(A), 22:1271(A)