The resolution urges the Louisiana Department of Insurance to annually compile and publish comprehensive data regarding the homeowners' and private passenger automobile insurance markets in the state. This initiative comes in response to ongoing challenges faced by Louisiana residents, including rising insurance costs, premium increases, nonrenewals, and difficulties in obtaining coverage. The resolution highlights the importance of transparency and accountability in the insurance market, emphasizing that public confidence relies on accessible and reliable data. It also acknowledges recent legislative efforts aimed at improving market conditions and the need for continued evaluation of these reforms.

The requested data should include various metrics such as the number of claims and their outcomes, average premium rate changes, market participation trends, and the number of insurers entering or exiting the market. The resolution specifies that the information must be presented in a format that is understandable and accessible to the general public. Additionally, the Louisiana Department of Insurance is tasked with submitting a written report to relevant legislative committees by February 1, 2027, ensuring that policymakers and consumers are well-informed about the insurance landscape in Louisiana.