Senate Bill No. 226, introduced by Senator Luneau, aims to amend the existing insurance rating standards in Louisiana by prohibiting the classification of insurance risks based on gender. The bill modifies R.S. 22:1454(A) to ensure that while risks can be classified using various criteria, they cannot be classified based on race, color, creed, national origin, or now, gender. This change is intended to promote fairness and prevent discrimination in insurance rate determinations.

The proposed law retains the current requirements that insurance rates must not be excessive, inadequate, or unfairly discriminatory, while expanding the list of prohibited classification criteria to include gender. The effective date for this amendment is set for August 1, 2026.

Statutes affected:
SB226 Original: 22:1454(A)