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HLS 26RS-1060 ENGROSSED Regular Session HOUSE BILL NO.
ENROLLED Regular Session HOUSE BILL NO.
413 BY REPRESENTATIVE CARVER INSURANCE:
413 BY REPRESENTATIVES CARVER AND CHASSION AN ACT To amend and reenact R.S.
Prohibitsaninsurerfromutilizingaratingfactorinanautomobileinsurance rate filing AN ACT To amend and reenact R.S.
Insurers shall not include a rating factor in an automobile insurance rate filing that is based solely on loss experience arising from acatastropheornaturaldisasterthatonlyaffectedotherlinesofinsurance.
Insurers shall not include a rating factor in an automobile insurance rate filing that is based solelyon loss experience arising from acatastropheornaturaldisasterthatonlyaffectedotherlinesofinsurance.
HLS 26RS-1060 ENGROSSED HB NO.
HB NO.
413 (6) Other relevantfactors.
413 ENROLLED (6) Other relevantfactors.
Anyotherfactorsavailable at the time of the rate filing, including but not limited to rates computed in accordance with accepted actuarial standards.
Anyother factorsavailableatthetime ofthe rate filing, including but not limited to rates computed in accordance with accepted actuarial standards.
DIGEST ThedigestprintedbelowwaspreparedbyHouseLegislative Services.
SPEAKER OF THE HOUSE OF REPRESENTATIVES PRESIDENT OF THE SENATE GOVERNOR OF THE STATE OF LOUISIANA APPROVED:
It constitutes nopart of the legislative instrument.
Page 2 of 2 CODING:
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 413 Engrossed 2026 Regular Session Carver Abstract:
Prohibitstheinclusionofspecificcatastrophe-basedratingfactorsinautomobile insurance rate filings.
Authorizes consideration of other relevant actuarial factors in property and casualty rate-making.
Present law authorizes the commissioner to consider specified factors when determining whether property and casualty insurance rates are excessive, inadequate, or unfairly discriminatory.
Proposed law revises the list of permissible rating considerations by prohibiting an insurer from including anyratingfactor into an automobile insurancerate filing that is based solely on lossexperienceresultingfromacatastropheornaturaldisasterthatexclusivelyimpacted other lines of insurance.
Proposed law further stipulates that this prohibition does not extend to multi-line policies.
Proposed law retains the authorization for the consideration of other relevant actuarial factors that are available at the time of the rate filing.
Effective January 1, 2027.
(Amends R.S.
22:1454(B)(5);
Adds R.S.
22:1454(B)(6)) Page 2 of 2 CODING:
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