Bill > HB765

This bill clarifies procedures for liability insurance, specifically addressing how a liability insurer can be added to a lawsuit and how they must notify parties when they are reserving their rights, meaning they are not fully accepting responsibility for the claim. It amends existing law to state that an insurer can be joined as a defendant solely for the purpose of entering a final judgment or enforcing a settlement, and it changes who is responsible for providing notice of a reservation of rights. Instead of the insured, the insurer itself must now provide written notice to all lawyers involved in the case and to the named insured, informing them that a reservation of rights has been issued, and this notice must be given within a specific timeframe, no later than thirty days before trial.

Business and Industry

https://www.legis.la.gov/legis/BillInfo.aspx?s=26rs&b=HB765&sbi=y