Louisiana insurance regulators have proposed separate pieces of legislation that would promote the writing of private flood insurance in the state and increase penalties associated with staged auto accidents. A third bill would expand the authority of the insurance commissioner to react in emergency situations.
Private Flood
The Louisiana Department of Insurance said House Bill 577, authored by Rep. Scott McKnight, would expand flood insurance choices for consumers beyond the National Flood Insurance Program and make it easier for private carriers to write flood insurance in Louisiana.