Navigating Louisiana's 2024 Legislative Reforms: A Guide for Insurers and Policyholders
During the 2024 legislative session, Louisiana lawmakers enacted several significant reforms that directly affect insurance policies and litigation processes across the state. These changes are especially relevant for businesses and individuals dealing with rising insurance costs and an increase in claims-related lawsuits following the active 2020 and 2021 hurricane seasons.
Our comprehensive "Louisiana Legislative Updates" guide, prepared by attorneys Patrick Schepens, Danica Denny and Katie Rice, provides a thorough overview of these reforms, including:
Revisions to the Bad Faith Insurance Statutes, which alter duties and penalties for both insurers and policyholders.
Changes to the Prescriptive Period for Filing Lawsuits, extending the timeframe and allowing more time for affected parties to take legal action.
New Regulations on Direct Actions Against Insurers, designed to reduce legal costs and streamline the litigation process.
Download our full guide below to stay ahead of these changes and understand how they may impact your legal rights and responsibilities.
