LA | The Louisiana Department of Insurance amended Regulation 125, entitled “Insure Louisiana Incentive Program.”
The purpose of the amendment of Regulation 125 is to set forth standards and procedures relative to a property insurer’s participation in the Insure Louisiana Incentive Program. Through cooperative endeavor agreements, property insurers participating in the program may be awarded matching grant funds in order to achieve the requirements of Act 754 of the 2022 Regular Session of the Louisiana Legislature and Act No. 1 and Act No. 2 of the 2023 Extraordinary Session of the Louisiana Legislature. Regulation 125 further specifies these requirements and conditions thereof for qualified property insurers.
View Regulation 125 here.
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