Creates the Stated Value Homeowner's Policy Act
Provides relative to mandatory binding arbitration with respect to property insurance policies
Provides relative to the Louisiana State Licensing Board for Contractors. (8/1/25)
Provides relative to automobile liability insurance premiums of policyholders sixty-five years of age or older
Establishes the Homeowners' Insurance Transparency Act. (1/1/26) (OR +$91,520 SG EX See Note)
Provides policy provisions and exceptions relative to surplus lines insurance
Provides relative to the allocation of ad valorem tax assessed values of certain property. (gov sig) (EN SEE FISC NOTE LF RV)
Provides relative to venue for certain actions involving uninsured and underinsured motorist policies
Requires insurers to notify the Department of Insurance upon ceasing, pausing, or resuming the writing of policies in a particular region. (1/1/26)
Establishes an income tax credit for annual homeowners' insurance premiums paid in excess of a certain amount (OR -$250,000,000 GF RV See Note)