Requests the Department of Insurance to study and report on the effect of certain legislative actions upon the condition and competitiveness of Louisiana's insurance market.
Summary
SCR 60 is a concurrent resolution that asks the Louisiana Department of Insurance to study and report on how the insurance reforms enacted during the 2025 Regular Session affect the state’s insurance market. The resolution focuses on whether those reforms improve the condition and competitiveness of Louisiana’s homeowners’ and automobile insurance markets, with the stated goal of helping lower premiums, attract more carriers, and stabilize the market.
The report must compare monthly market indicators from July 1, 2024 through November 1, 2026, including carrier applications, approvals and denials, the number of active carriers, rate filings, consumer complaints, national competitiveness rankings, and premium and claims data from industry sources such as ISO Verisk or S&P Global. It also requires a narrative assessment of the impact of each enacted reform and asks the department to include policy recommendations for further improving the market. The final report is to be presented to a joint meeting of the House and Senate insurance committees in December 2026.
Impact
SCR 60 does not directly change insurance statutes or regulatory standards; instead, it directs the Department of Insurance to collect data, analyze outcomes, and report back to the Legislature. Its practical effect is to create an oversight and evaluation framework for the 2025 insurance reform package, especially as it relates to homeowners and auto insurance, carrier participation, pricing, claims handling, and consumer experience. The resolution may influence future legislation or administrative action by identifying which reforms are working and which are not.
Sentiment
The overall sentiment around SCR 60 appears strongly favorable. The resolution passed the Senate unanimously and the House by a substantial margin, suggesting broad bipartisan support for studying the effects of insurance reforms and for using data to assess whether the state’s efforts are improving the market. The bill’s findings reflect a shared concern about high premiums, limited carrier participation, and the need for a more stable insurance environment in Louisiana.
Contention
There is little visible contention in the available record, and no committee transcript indicates active debate. The main policy premise underlying the resolution is that litigation reform and other 2025 changes will improve insurance affordability and competitiveness; supporters appear to accept that premise enough to request a formal study, while the report itself is designed to test it with data. Any future contention is likely to arise from how the department measures the reforms’ effects, whether the data show meaningful improvement, and what policy recommendations follow from the findings.
Redistricts the Louisiana Supreme Court to increase the composition of the court from seven to nine justices. (2/3 - CA5s4)(Item #3)(See Act) (EG INCREASE GF EX See Note)
Constitutional Amendment to increase the composition of the Louisiana Supreme Court. (Items #4, 5, and 13)(2/3 - CA13s1(A)) (EG +$1,145,641 GF EX See Note)
Resolves that a committee be appointed to act with a similar house committee to notify the governor that the legislature has convened and organized and is prepared to receive his communications.
Authorizes purchaser of automobile by private sale to operate automobile for three-day period following purchase without permanent registration or transfer of title.
Authorizes purchaser of automobile by private sale to operate automobile for three-day period following purchase without permanent registration or transfer of title.