House Bill No. 739, introduced by Representative Berault, aims to enhance the regulation of insurance fraud in Louisiana by amending several sections of the existing law and adding new definitions and provisions. The bill clarifies the investigative authority of the office of insurance fraud, allowing it to assist law enforcement agencies in investigations with their consent. It also specifies that the criminal provisions related to insurance fraud will be enforced only by the appropriate law enforcement and prosecutorial agencies unless otherwise stated by law. Additionally, the bill defines "business of insurance" to encompass activities related to the sale, advertisement, and resolution of claims under insurance policies, while explicitly excluding attorneys providing legal services and healthcare providers assisting patients with prior authorizations or appeals.

Furthermore, the bill maintains prohibitions against unfair methods of competition and deceptive practices within the insurance industry, while expanding the powers of the commissioner to issue notices of wrongful conduct and take action against both licensed and unlicensed individuals engaging in unfair trade practices. The commissioner is granted the authority to issue cease and desist orders, fines, and other actions against unlicensed individuals, along with the ability to adopt rules for electronic delivery of notices. The bill is set to take effect upon the governor's signature or after the expiration of the time for gubernatorial action.

Statutes affected:
HB739 Original: 22:1921(D), 22:1924(B), 22:1925(B)
HB739 Engrossed: 22:1921(D), 22:1924(B), 22:1925(B), 22:1962
HB739 Reengrossed: 22:1921(D), 22:1924(B), 22:1925(B), 22:1962