House Bill No. by Representative Braud amends the Stated Value Homeowner's Policy Act, specifically R.S. 22:1346.5(B)(1). The bill establishes that the commissioner of insurance will create a dedicated section on the department's website for consumers to access informational materials related to stated value policies. However, it removes the previous requirement that the commissioner must distribute these informational materials to homeowners at least once every two years through direct mail, email, or other means.

The proposed changes streamline the dissemination of information by focusing on online access rather than mandatory distribution to homeowners. This shift aims to reduce the administrative burden on the commissioner while still providing consumers with access to important information regarding their insurance policies.

Statutes affected:
HB825 Original: 22:5(B)(1)