Louisiana lawmakers are reviewing House Bill 258, which adds a financial penalty for insurers that raise auto insurance rates solely because a policyholder turns 65.
The bill reinforces existing law and introduces a fine of up to $10,000 per violation.
The American Property Casualty Insurance Association opposes the bill. It argues the measure repeats current rules already in place.
Insurers are already prohibited from increasing premiums solely on the grounds that a policyholder is 65, and insurers are subject to fines and penalties for market conduct violations, said Hilary Segura, vice president of state government relations at the APCIA
Public hearings on reducing auto insurance costs have continued since late 2024. Insurance Commissioner Tim Temple has named this issue a top priority for 2025. He said legislative changes may be needed.
In 2020, Louisiana passed tort reform focused on auto insurance. Temple said the changes were diluted during negotiations with former Governor John Bel Edwards. He noted courts have not fully tested the law’s effect.
This time the difference is that we’ve gone another four years. We have costs that continued to climb. People and businesses are at that breaking point where it’s just not working anymore.Insurance Commissioner Tim Temple
Louisiana lawmakers are reviewing how state laws affect jury trials in personal injury cases, with attention on a statute that prevents juries from seeing actual medical costs.
The review comes as residents continue to face some of the highest auto insurance premiums in the country. Five legislative committees met to study the issue, and a special session on insurance may occur next year.
