To reduce insurance rates, the House Civil Law Committee unanimously approved a bill that would extend the time from one to two years to file a civil lawsuit. Governor Jeff Landry this says will give an insurer and the claimant additional time to reach a settlement without having to go to court…
Landry says he’s heard from the insurance industry that fewer lawsuits can result in lower premiums.
The Senate Insurance Committee advanced legislation to repeals the state’s three-year rule. The rule prevents insurance companies from dropping homeowners who have been with the same company for more than three years. Insurance Commissioner Tim Temple says this bill is part of his plan to bring more insurers to the state and stabilize rates.
Hornbeck Representative Rodney Shamerhorn’s bill to repeal the state’s mandatory motorcycle helmet law has passed the full House in a 60-43 vote. Under the proposed bill, motorcycle riders 21 and older would have the option of wearing safety helmets if they can prove they have health insurance. Shamerhorn says riders have the right to make the final call.
The state’s current law requires both riders and passengers to wear safety helmets regardless of age.
Opponent of the bill, Monroe Representative Pat Moore believes this legislation will lead to more highway deaths. She says insurance company payouts translates to increased insurance rates.
The measure heads to the Senate for more debate.