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Bill

HB 1226

INSURANCE DEPARTMENT: Creates a public dashboard for insurance rate transparency and requires data submissions from insurers (OR +$276,240 SG EX See Note)

2026 Regular Session Introduced by Dana Henry

Creates a public Insurance Transparency Dashboard showing aggregated homeowners and auto insurance data by area to help consumers compare prices and insurer activity.

Read by title, under the rules, referred to the Committee on Insurance.
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Bill Summary · HB 1226

Summary of HB 1226 (Louisiana, 2026 Session)

Purpose and Intent

HB 1226 proposes the creation of a publicly accessible Insurance Transparency Dashboard within the Louisiana Department of Insurance (LDI). The dashboard would provide consumers with aggregated, easy-to-understand information about homeowners insurance and private passenger automobile insurance (the “covered lines”). The overarching goal is to improve rate transparency and help consumers compare market activity by geography.

Key Provisions

  • New Statute: Adds R.S. 22:1464.2 to establish the dashboard, data submissions, and related regulatory authorities.
  • Dashboard Features:
    • Public, online, no-cost access via the LDI website.
    • Geographic search capability (by ZIP code, parish, and other areas).
    • Information presented in a consumer-friendly format.
  • Minimum Data Included (for Covered Lines):
    1. Average written premium by ZIP code and parish.
    2. Annual percentage change and three-year percentage change in premiums.
    3. Number of insurers actively writing policies in each geographic area.
    4. Total number of policies in force.
    5. Number and percentage of policies newly issued, nonrenewed, and canceled.
    6. Identification of insurers writing policies in each area (confidentiality protections apply; no disclosure of proprietary information).
    7. General explanatory information about rate-influencing factors (e.g., catastrophe risk, reinsurance costs, claims trends).
  • Data Submissions:
    • Each insurer writing covered lines must submit data needed to operate the dashboard.
    • The department should leverage existing filings to minimize duplication.
    • Reporting interval: no more frequent than once every six months.
  • Confidentiality Protections:
    • Dashboard must not disclose personally identifiable information, proprietary/trade secrets, or non-aggregated data.
    • All data to be presented in aggregated form to protect confidentiality.
  • Rulemaking Authority: LD I may promulgate rules under the Administrative Procedure Act to implement these provisions.

Implementation Timeline

  • Initial Version: Must be implemented within 12 months after the Act’s effective date.
  • Full Implementation: Complete within 24 months after the effective date.

Who Is Affected

  • Insurers: All authorized insurers writing homeowners or private passenger automobile insurance in Louisiana are required to submit data necessary for the dashboard.
  • Consumers/Public: General public and consumers seeking to compare insurance market information across geographic areas.
  • LDI: Responsible for developing, maintaining, and updating the dashboard, plus establishing data-reporting standards and confidentiality protections.

Potential Impact

  • Enhances price and market transparency for housing and auto insurance in Louisiana.
  • Enables consumers to compare premiums, insurer presence, and policy activity by area.
  • Could influence consumer decision-making and insurer competition based on publicly available data.
  • Balances transparency with protections for privacy and business information through aggregation and confidentiality safeguards.
  • Creates a formal regulatory framework for ongoing data collection and periodic reporting (every six months).

Notes: The bill includes an estimated fiscal impact note (OR +$276,240 SG EX See Note) indicating expected state costs associated with implementation and ongoing operation.

Compiled from official sources — confirm details with the bill’s official record.

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