With your Louisiana Radio Network Legislative Report, I’m Jeanne Burns
Louisiana lawmakers have said yes to several property insurance reform bills and they’re now headed for the governor’s desk. That includes a measure Insurance Commissioner Tim Temple says will create simple, clear timelines for the claims process
Right now insurers are prohibited from canceling a homeowners insurance policy if the policyholder has been insured by the company for three years or more. Temple says House Bill 611 allows insurers to drop some policies after three years
Temple’s insurance reform legislation seeks to reduce regulations in order to create a more friendly insurance writing market, which he believes will drive up competition and stabilize insurance premiums.
___________________________________________________________
Edibles containing THC, like gummies, could soon be illegal in Louisiana. Shreveport Senator Thomas Pressly says his legislation does not impact the highly regulated medical marijuana industry. He’s going after the recreational hemp industry that he says misled lawmakers.
Pressly says there are more than 2,200 locations in the state selling THC products and he’s gravely concerned about the ATC’s lack of regulatory ability to inspect them.
Senate Bill 237 removes a loophole that allows hemp products to contain up to half a milligram of THC per serving or package. Pressly used the example of THC gummies.
The bill passed in the Senate on a 27 to 9 vote and was assigned to the House Criminal Justice.