House Bill No. by Representative Firmant amends R.S. 22:1311(F)(2) to update the cancellation notice requirements for residential property insurance policies in Louisiana. The bill changes the notice period for cancellation by the insurer from thirty days to sixty days, while maintaining a ten-day notice for cancellations due to nonpayment of premiums. Additionally, it mandates that insurers provide written reasons for cancellation upon request from the insured. The bill also specifies that there will be no liability for insurers or their representatives for actions taken to provide these reasons.

The provisions of this Act will apply to any new policy issued on or after July 1, 2026, and existing policies will need to conform to these changes by their renewal date, but no later than July 1, 2027. The Act will take effect upon the governor's signature or, if not signed, after the expiration of the time for bills to become law without signature. If vetoed and later approved by the legislature, the Act will become effective the day after such approval.

Statutes affected:
HB850 Original: 22:1311(F)(2)
HB850 Engrossed: 22:1311(F)(2)
HB850 Enrolled: 22:1311(F)(2)