Bill > HB287

This bill establishes a new legal provision allowing Louisiana residents who have insurance from companies domiciled in Arkansas, Mississippi, or Texas to have delictual (civil wrong) or quasi-delictual claims from automobile accidents governed by the laws of the insurer's home state, with some important conditions and requirements. Specifically, the bill authorizes insurance agents and brokers in Louisiana to sell policies from these out-of-state insurers, but mandates that they provide a written disclosure to customers explaining that the premium is from a foreign insurer, that foreign law would apply in potential legal actions, and that the insurance policy meets the regulations of the issuing state. The Louisiana State Law Institute is tasked with compiling and publishing the applicable laws from these three states. The bill will only take effect on July 1, 2026, and only if automobile liability coverage base rates have not decreased by at least 7% between January 2024 and December 2025, creating an additional economic incentive for implementing this legal change.

Justice

https://www.legis.la.gov/legis/BillInfo.aspx?s=25rs&b=HB287&sbi=y