Rulemaking Notices

Written Comment Topic: Regulation 125 – Insure Louisiana Incentive Program

Deadline: April 10, 2023

Time: 4:30 p.m.

Address: Jennifer Land, Louisiana Department of Insurance, Legal Division
P.O. Box 94214, Baton Rouge, LA 70804

Description of Accepted Action: The purpose of the amendment of Regulation 125 is to set forth standards and procedures relative to a property insurer's participation in the Insure Louisiana Incentive Program. Through cooperative endeavor agreements, property insurers participating in the program may be awarded matching grant funds in order to achieve the requirements of Act 754 of the 2022 Regular Session of the Louisiana Legislature and Act No. 1 and Act No. 2 of the 2023 Extraordinary Session of the Louisiana Legislature. Regulation 125 further specifies these requirements and conditions thereof for qualified property insurers.

Current Regulation: N/A

Accepted Changes: N/A

Adopted Regulation: N/A

Effective Date: Upon Publication

Notice of Intent: Regulation 125 - NOI

Rule Summary Report: Regulation 125 - Summary Report

Contact Person: Interested persons who wish to make comments may do so by writing to Jennifer Land, Staff Attorney, Louisiana Department of Insurance, P.O. Box 94214, Baton Rouge, LA 70804-9214, or by faxing comments to (225) 342-1632. Comments will be accepted through the close of business, 4:30 p.m., April 10, 2023..