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LA HB248

LA HB248
Provides for confidential information relative to public inspection


summary

Introduced
04/01/2025
In Committee
05/06/2025
Crossed Over
05/05/2025
Passed
Dead
06/12/2025

Introduced Session

Potential new amendment
2025 Regular Session

Bill Summary

AN ACT To amend and reenact R.S. 22:1464(D), relative to rate filing; to provide for public inspection with respect to rates and supporting information; to provide for the duties and responsibilities of the commissioner of insurance; to require the commissioner of insurance to determine if information is confidential, trade secret, or proprietary relative to public inspection; and to provide for related matters.

AI Summary

This bill amends Louisiana Revised Statutes (R.S.) 22:1464(D) to clarify the process for handling confidential insurance rate filing information. Currently, rate filings and supporting documents submitted to the insurance commissioner are generally open to public inspection after a notification period, but the bill introduces a more structured approach to determining what information can be considered confidential. The bill stipulates that the commissioner, not the insurer, will determine whether submitted information qualifies as confidential, trade secret, or proprietary. If someone requests access to information marked as confidential, the commissioner must notify the insurer in writing and provide a determination about disclosure. The insurer then has ten days to request a hearing before the division of administrative law if they disagree with the commissioner's determination. During such a hearing, the commissioner's initial determination is stayed (paused). The bill also specifies that any legal proceedings related to these determinations should be tried quickly and preferentially, and courts may review documents privately (in camera) before making a decision. Importantly, the bill maintains that non-confidential parts of records remain available for public examination and reproduction.

Committee Categories

Business and Industry

Sponsors (6)

Last Action

Read second time by title and referred to the Committee on Insurance. (on 05/06/2025)

bill text


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