Provides for fees collected by the commissioner of insurance (EN +$5,311,560 SG RV See Note)
HB 441 amends Louisiana insurance law to increase a series of fees collected by the commissioner of insurance. The bill raises the annual financial regulation fee paid by health maintenance organizations, domestic and foreign insurers, vehicle mechanical breakdown insurers, and property residual value insurers from $1,000 to $2,000. It also increases several licensing and appointment fees for insurance producers, claims adjusters, and public adjusters, including first-time applications, renewals, and company appointments for both individuals and business entities.
The measure is primarily a revenue-generating and administrative bill for the Department of Insurance. By revising R.S. 22:821, it changes the fee schedule that applies to regulated insurance entities and licensed insurance professionals in Louisiana. The act becomes effective January 1, 2026, giving affected parties time to adjust to the higher costs.
HB 441 directly amends R.S. 22:821, Louisiana’s statutory fee schedule for the commissioner of insurance, by increasing fees charged to insurers, health maintenance organizations, producers, claims adjusters, and public adjusters. The bill is expected to increase state revenue, as reflected in the fiscal note, while also raising the cost of licensing and regulatory compliance for covered entities and individuals in the insurance industry. The changes affect both initial applications and renewals, as well as company appointments, and will apply beginning January 1, 2026.
The bill appears to have been broadly supported and noncontroversial in the legislature. It passed the House 95-0 and the Senate 38-0, indicating unanimous approval in both chambers. The absence of committee transcript material suggests there was little recorded debate or public controversy surrounding the measure.
There is no visible substantive opposition in the available record. The only likely point of concern would be the higher costs imposed on insurers, producers, adjusters, and related business entities, who must pay increased regulatory and licensing fees. However, the unanimous votes suggest any such concerns did not translate into legislative resistance.