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The Louisiana Insurance Commissioner is a statewide constitutional office that regulates the insurance industry in Louisiana.The Insurance Commissioner serves as the head of the Louisiana Department of Insurance, which consists of ten divisions; Consumer Advocacy, Financial Solvency, Health Insurance, Legal Services, Licensing & Compliance, Minority Affairs, Management & Finance, Public ...
The 3.4 million licensed drivers in Louisiana are required to carry a certain amount of car insurance to drive legally in the Bayou State. Louisiana auto insurance laws mandate the following:
Louisiana instituted an online insurance verification system in 2016 to handle the problem of uninsured drivers, who made up an estimated 13.7% of the state’s drivers in 2022. This system allows ...
North Carolina is the only state to require that a driver hold liability insurance before a license can be issued. North Carolina does allow for a "fleet license" to be issued if the license holder has no insurance, however the fleet license only allows for the driver to operate vehicles owned and insured by their employer. The license holder ...
Formerly called. National Insurance Convention, National Convention of Insurance Commissioners. The National Association of Insurance Commissioners ( NAIC) is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia, and five U.S. territories .
After an accident, the average cost of car insurance in Louisiana for full coverage rises from $3,609 to $4,863. For comparison’s sake, the national average is $2,542. 4 things to do after a hit ...
Insurance regulatory law. Insurance regulatory law is the body of statutory law, administrative regulations and jurisprudence that governs and regulates the insurance industry and those engaged in the business of insurance. Insurance regulatory law is primarily enforced through regulations, rules and directives by state insurance departments as ...
An eighth person has died after a slew of crashes Monday along Interstate 55 in Louisiana’s St. John the Baptist Parish that involved at least 168 vehicles, state police said in an update.