Status Introduced

HB 701: Insurance Innovation

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Primary Sponsor

Summary

HB 701 creates a pathway and temporary waiver authority for new and existing insurance companies to offer innovative products and services in a closely supervised testing environment under Louisiana Department of Insurance and legislative oversight. This will signal to the rest of the nation that Louisiana is open for business, open to innovation, willing to address unforeseen regulatory hurdles that might serve as barriers for both providers and consumers.

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