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Several bills aimed at making the insurance industry more transparent advanced in committees Wednesday.
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“I've never seen a politician not want more power. You just never have,” Landry said.
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Despite being at odds over insurance reform, Gov. Jeff Landry and Insurance Commissioner Tim Temple both support legislation HB 519 to ban handheld use of a phone by drivers to reduce the number of traffic fatalities and accidents caused by distracted drivers.
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The two Republicans take potshots at each other’s plans to lower auto coverage rates.
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Legislative agenda targets trial lawyers and insurance companies.
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Louisiana has the highest frequency of bodily injury claims in the country.
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New laws deregulating Louisiana’s insurance industry could be put to the test in the coming months. Forecasters expect 17 to 25 storms to form in the Atlantic between June 1 and the end of November.
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Tim Temple, Louisiana's insurance commissioner, joined Gov. Jeff Landry as he signed a package of bills that will deregulate the state's insurance market.
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Louisiana lawmakers gave final approval to several bills that would deregulate the state's insurance industry.
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Change is coming to the Louisiana Department of Insurance as the state grapples with a deepening homeowners insurance crisis in the wake of fierce and frequent storms.