Louisiana legislation · 2025 Regular Session
Louisiana SB61: INSURANCE RATES: Provides for the use of credit information in underwriting or rating of certain personal insurance policies. (
Status: Chaptered, June 30, 2025
INSURANCE RATES: Provides for the use of credit information in underwriting or rating of certain personal insurance policies. (8/1/25)
What the bill says
An act To amend and reenact R.S. 22:1508, 1509, and 1510, relative to the use of credit information in underwriting or rating of certain personal insurance policies; to require an insurer to provide a consumer's credit-related insurance rating; to provide for adverse action notification; to require review of an insurer's scoring system; and to provide for related matters.
From the introduced text:
AN ACT To amend and reenact R.S. 22:1508, 1509, and 1510, relative to the use of credit information in underwriting or rating of certain personal insurance policies; to require an insurer to provide a consumer's credit-related insurance rating; to provide for adverse action notification; to require review of an insurer's scoring system; and to provide for related matters. Be it enacted by the Legislature of Louisiana: Section 1. R.S. 22:1508, 1509, and 1510 are hereby amended and reenacted to read as follows: §1508. Initial notification; disclosure with quote A.(1) If an insurer writing personal insurance uses credit information in underwriting or rating a consumer, the insurer or its agent shall disclose, either on the insurance application or at the time the insurance application is taken, that it may obtain credit information in connection with such the application. Such The disclosure shall be either written or provided to an applicant in the same medium as the application for insurance. The insurer need not provide the disclosure statement required under this Section to any insured on a renewal policy, if such the consumer Page 1 of Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SLS 25RS-163 ORIGINAL SB NO. has previously been provided a disclosure statement. B.(2) Use of the following …
Sponsors
- Barrow, Regina (D, 15)
- Schamerhorn, Rodney (R, 24)
- Bouie, Joseph (D)
- Bagley, Larry (R, 7)
- Bamburg Jr., Dennis (R, 5)
- Walters, Joy (D, 4)
- Jackson-Andrews, Katrina (D, 34)
- Jenkins, Sam (D, 39)
- Price, Edward (D, 2)
- Echols, Michael (R, 14)
- Boyd, Delisha (D, 102)
- Chassion, Tehmi (D, 44)
Latest actions
- : Signed by the Governor. Becomes Act No. 465.
- : Effective date 7/1/2026.
- : Sent to the Governor by the Secretary of the Senate.
- : Enrolled. Signed by the President of the Senate.
- : Signed by the Speaker of the House.
- : Amendments proposed by the House read and concurred in by a vote of 38 yeas and 0 nays.
- : Received from the House with amendments.
- : Read third time by title, roll called on final passage, yeas 100, nays 0. Finally passed, ordered to the Senate.
- : Read by title, amended, passed to 3rd reading.
- : Scheduled for floor debate on 06/03/2025.
Votes
- Senate Vote on SB 61, CONCUR (#849) (June 9, 2025): 38 yea, 0 nay, passed
- House Vote on SB 61, FINAL PASSAGE (#847) (June 3, 2025): 100 yea, 0 nay, passed
- Senate Vote on SB 61, FINAL PASSAGE (#217) (May 12, 2025): 39 yea, 0 nay, passed
- Senate Vote on SB 61, CO-AUTHORS (#218) (May 12, 2025): 11 yea, 0 nay, passed
Common questions
- What is SB61?
- SB61 is a bill in the Louisiana Legislature (2025 Regular Session): INSURANCE RATES: Provides for the use of credit information in underwriting or rating of certain personal insurance policies. (.
- What does SB61 do?
- In its own words: An act To amend and reenact R.S. 22:1508, 1509, and 1510, relative to the use of credit information in underwriting or rating of certain personal insurance policies; to require an insurer to provide a consumer's credit-related insurance rating; to provide for adverse action notification; to require review of an insurer's scoring system; and to provide for related matters.
- What is the status of SB61?
- Chaptered as of June 30, 2025. Latest action: Signed by the Governor. Becomes Act No. 465. (June 30, 2025).
- Who sponsored SB61?
- Barrow, Regina (D, 15), with 11 co-sponsors.
- Where is the official record for SB61?
- On the Louisiana Legislature website: https://legis.la.gov/legis/BillInfo.aspx?s=25RS&b=SB61
Source: official Louisiana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.