state_legiscan_drain · LA
Provides for emergency assessments of the Louisiana Citizens Property Insurance Corporation
March 31, 2026
Summary
If enacted, this bill would authorize the Louisiana Citizens Property Insurance Corporation to impose emergency assessments on policyholders or other insurers to cover operating deficits. This could increase homeowners' insurance premiums for properties insured by Louisiana Citizens, thereby affecting mortgage escrow accounts and borrowers' monthly housing costs. Lenders, servicers, and borrowers in Louisiana with policies from this insurer would be impacted.
AI-generated summary · Jun 8, 2026. Verify with your compliance counsel before acting.
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Source: https://www.legis.la.gov/legis/BillInfo.aspx?s=26rs&b=HB1187&sbi=y
Common questions
- What does "Provides for emergency assessments of the Louisiana Citizens Property Insurance Corporation" cover?
- If enacted, this bill would authorize the Louisiana Citizens Property Insurance Corporation to impose emergency assessments on policyholders or other…
- When was it published?
- It was published on March 31, 2026.
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