INSURANCE/PROPERTY: Creates a mandatory pre-suit claim review process relative to residential property insurance
Read by title, under the rules, referred to the Committee on Insurance.
Summary
The bill lets the Louisiana Citizens Property Insurance Corporation adopt policy forms that send coverage and value disputes to the Division of Administrative Law. These hearings are treated as if filed in state courts and are not subject to certain existing insurance statutes. It affects residential property insurance claimants and aims to streamline dispute resolution.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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