LOU LEG Foreign Insurer Actions

On Jun. 3, LOU LEG passed bill re venue for actions involving insurers.

  • LOU LEG passed bill HB 88 relating to a venue for actions involving foreign insurers.
  • Bill amends and reenacts LOU INS 22:1269 Liability policy, insolvency or bankruptcy.
  • Bill Provisions
  • Foreign corporation or foreign limited liability company (LLC) not licensed to do business to be brought in parish of plaintiff's domicile or parish where process may be.
  • And subsequently, the foreign corporation or LLC will be, served on the defendant.
  • A non-resident, other than a foreign corporation who has appointed an agent for the service of process to be brought in parish of designated post office address of agent.
  • Legislative History
  • On Mar. 11 2024, bill introduced in House; on Apr. 18, 2024, bill passed in House.
  • On Apr. 22, 2024, bill introduced in Senate; on May 28, 2024, bill passed in Senate.
  • On May 29, 2024, bill was enrolled; on Jun. 3, 2024, bill was sent to the LOU governor.
  • Effectiveness
  • Upon approval, HB 88 will be effective as of Aug. 1, 2024.
  • Jun. 2024 LOU LEG Bill Approval
  • On Jun. 11, 2024, LOU LEG reported approval of bill HB 88, bill assigned Act no. 595.

Regulators LOU LEG
Entity Types Ins
Reference Act 595, 6/11/2024; Bill HB88, 6/3/2024; Citation: LOU INS 22:1269;
Functions Compliance; Financial; Legal; Registration/Licensing
Countries United States of America
Products Insurance
Regions Am
Rule Type Final
Rule Date 6/3/2024
Effective Date 8/1/2024
Rule Id 214161
Linked to N/A
Reg. Last Update 6/11/2024
Report Section US Insurance

Last substantive update on 06/19/2024