HB 903 — INSURANCE: Provides for fines issued by the commissioner of insurance

HLSENROLLED 26RS-1315 ENGROSSED Regular Session HOUSE BILL NO.

903 BY REPRESENTATIVE ILLG INSURANCE:AN ACT ToamendandreenactR.S.22:18(A),257(B),1019.3(D)(2),1529(B),1554(A)(introductory paragraph), 1672(A)(introductory paragraph), 1770, and 1808.8(A)(introductory paragraph), relative to fines issued by the commissioner;

Provides for fines issued by the commissioner of insurance AN ACT ToamendandreenactR.S.22:18(A),257(B),1019.3(D)(2),1529(B),1554(A)(introductory paragraph), 1672(A)(introductory paragraph), 1770, and 1808.8(A)(introductory paragraph), relative to fines issued by the commissioner;

The commissioner is also authorized to mayalso order Pageany 1insurer, person, or entity to cease and desist any such action that violates any provision of 6this CODING:Code.

Anaggrievedpartyaffectedbythe commissioner's decision, Page 1 of 4 CODING:

HLS 26RS-1315 ENGROSSED HB NO.

903 anyENROLLED insurer,act,orordermaydemand person,a orhearingin entityaccordancewith toChapter12ofthis ceaseTitle, andR.S. desist any such action that violates any provision of this Code.

An aggrieved partyaffectedbythecommissioner's decision, act,orordermaydemandahearingin accordancewith Chapter 12 of this Title,R.S.

If the insurer has demanded a timely hearing, the penalty or fine ordered bythe commissioner shall not be imposed until such time as the division of administrative law makes a finding that the penaltyorpenalty or fine is warranted in a proper hearing held in the manner provided in Chapter 12 of this Title.

* * * (2) Thecommissionermayrefusetorenew,suspend,orrevokethecertificate of authority of any health insurance issuer violating any of the provisions of this Subpart, or in lieu of suspension or revocation of a license duly issued, the commissioner maylevya fine not to exceed one thousand dollars for each violation perhealthinsuranceissuer,uptoonehundredthousandmilliondollarsaggregatefor all violations in a calendar year per health insurance issuer, when if such violations, Pagein 2his opinion, after a proper hearing, warrant the refusal, suspension, or revocation of 6such CODING:certificate, or the imposition of a fine.

The commissioner of insurance is authorized to may withhold fines imposed under pursuant to this Subpart.

Such Page 2 of 4 CODING:

HLS 26RS-1315 ENGROSSED HB NO.

903 inENROLLED hishearingshallbeheldinthemannerprovidedinChapter12ofthisTitle,R.S.22:2191 opinion,et afterseq. a proper hearing, warrant the refusal, suspension, or revocation of such certificate, or the imposition of a fine.

TheAdditionally, the commissioner ofmay insurancetake isany authorizedother toadministrative withholdaction, finesincluding imposedimposing underthose pursuantfines toand thispenalties Subpart.enumerated in R.S.

Such hearing shall be held in the mannerprovidedin Chapter12ofthis Title, R.S.

22:2191 etseq.

Additionally, the commissioner maytakeanyother administrative action, including imposing those fines and penalties enumerated in R.S.

License denial, nonrenewal, or revocation A.Thecommissionerofinsurancemayplaceonprobation,suspend,revoke, or refuse to issue, renew, or reinstate a claims adjuster's license or may levy a fine notnotto to exceedfivehundreddollarsforeachviolation uptotenonehundredthousandupto tenonehundredthousand dollars aggregate for all violations in a calendar year, unless a fine is established by separate statute in this Title authorizing a greater penalty, or any combination of actions, for any one or more of the following causes:

* * * Page§1770. 3 of 6 CODING:

Penalties for violations In the event that any provision of this Part or other applicable provision of this Title is violated by a limited licensee, the commissioner may revoke, suspend, refuse to renew, or levya fine not to exceedone thousand dollars for each violation, Page 3 of 4 CODING:

HLS 26RS-1315 ENGROSSED HB NO.

903 §1770.ENROLLED up to one hundred thousand million dollars in the aggregate for all violations in a calendaryearperlimitedlicensee,orimposesuchotherpenaltyasthecommissioner may deem necessaryor convenient to carryout the purposes of this Part.

Penalties for violations In the event that any provision of this Part or other applicable provision of this Title is violated by a limited licensee, the commissioner may revoke, suspend, refuse to renew, or levya fine not to exceedone thousand dollars for each violation, up to one hundred thousand million dollars in the aggregate for all violations in a calendaryearperlimitedlicensee,orimposesuchotherpenaltyasthecommissioner may deem necessaryor convenient to carryout the purposes of this Part.

DIGESTSPEAKER ThedigestprintedbelowwaspreparedbyHouseLegislativeOF Services.THE HOUSE OF REPRESENTATIVES PRESIDENT OF THE SENATE GOVERNOR OF THE STATE OF LOUISIANA APPROVED:

ItPage constitutes4 nopart of the4 legislativeCODING: instrument.

The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent.

[R.S.

1:13(B) and 24:177(E)] HB 903 Engrossed 2026 Regular Session Illg Abstract:

Provides relative to fines issued by the commissioner of insurance.

Present law imposes various amounts of fines per insurer, person, health insurance issuer, applicant or licensee, or entity for violations.

Present law allows fines to be aggregated up to a certain limit in a calendar year.

Page 4 of 6 CODING:

Wordsinstruckthroughtypearedeletionsfromexistinglaw;wordsunderscored are additions.

HLS 26RS-1315 ENGROSSED HB NO.

903 Present law grants the commissioner in lieu of suspension or revocation of a certificate or licensedulyissuedto levyafinenot to exceed$1,000foreachviolation perinsurer,person, or entity, up to $100,000 aggregate for all violations in a calendar year per insurer, person, or entity.

Proposed law retains present law and increases the aggregation amount from $100,000 to $1,000,000 for all violations in a calendar year per insurer, person, or entity.

Present law requires that a certificate of authorityshall be suspended or revoked onlyafter compliance with the requirements of R.S.

22:259 except in cases where such delay would cause irreparable harm or substantial monetary loss in the opinion of the commissioner.

Present law authorizes the commissioner, in lieu of suspension or revocation of a license duly issued, to levy a fine not to exceed one thousand dollars for each violation and up to $100,000 aggregate for all violations in a calendar year.