WeVote
Log In

Bill

Bill

HB 441

INSURANCE DEPARTMENT: Provides for fees collected by the commissioner of insurance (EN +$5,311,560 SG RV See Note)

2025 Regular Session Introduced by Chance Henry

Louisiana authorizes insurance commissioner to collect $5.3 million in additional regulatory fees effective January 2026, potentially impacting insurers and consumers.

Becomes Act No. 501 without the Governor's signature.
0
WeVote Research Nonpartisan
Bill Summary · HB 441

Legislative bill overview

HB 441 authorizes the Louisiana Insurance Commissioner to collect increased fees that will generate approximately $5.3 million in additional state revenue. The bill became law without gubernatorial signature and takes effect January 1, 2026.

Why is this important

Insurance regulatory fees directly affect insurance companies operating in Louisiana, which may be passed on to consumers through premium adjustments. The $5.3 million revenue increase represents a significant expansion of the Insurance Department's budget and operational capacity.

Potential points of contention

  • Consumer impact uncertainty: The bill lacks detail on whether fee increases will be borne by insurers or ultimately passed to policyholders through higher premiums
  • Regulatory burden: Increased fees could affect smaller insurance companies' competitiveness or operations in Louisiana
  • Transparency concerns: The bill provides no public specification of which fee categories are increasing or the rationale for the specific $5.3 million figure

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

Sign in to ask a question.