INSURANCE DEPARTMENT: Requires the Department of Insurance to issue an annual market accountability report (OR +$119,160 SG EX See Note)

This bill requires Louisiana's Department of Insurance to publish an annual report on insurance market conditions by March each year. The report will include data on insurance premiums, claims, profitability, insurer participation, and cancellation rates broken down by parish. It mandates that the information be made available on the department's website in a clear format for public and policymakers. The first report will be issued within one year of the bill becoming law.