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Committee reports bill requiring insurers to notify department when they begin, cease or resume writing coverage in areas; information exempt from public record
Summary
The Senate Insurance Committee reported Senate Bill 137 with amendments after hearing department testimony that the measure would require insurers to notify the Department of Insurance if they begin, cease or resume writing coverage in a ZIP code, parish or region.
The Senate Insurance Committee reported Senate Bill 137 with amendments after committee consideration and department testimony explaining the measure's intent to inform the commissioner and the Department of Insurance when an insurer begins, ceases or resumes writing coverage in a particular ZIP code, parish or region.
Barrow Peacock, identified in the transcript as chief deputy of the Louisiana Department of Insurance, told the committee the bill "allows the commissioner and the…
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