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Louisiana - Emergency Rule 32

Effective February 8, 2017, the Louisiana Department of Insurance adopted Emergency Rule 32 which extends the effective dates of Emergency Rule 28, that became effective August 12, 2016, and Rule 30, that became effective October 13, 2016. The rule requires commercial and residential property insurance companies to give policyholders in 26 parishes affected by the historic flooding more time to make repairs. Rule 32 also requires insurers to suspend application of the cancellation or non-renewal laws or regulations based on a material change in risk. The rule will remain effective through May 10, 2017. Read Rule 32 here.