SB 211 amends Louisiana Revised Statutes 22:1460(B)(2)(i) to increase board membership of the Property Insurance Association of Louisiana from nineteen to twenty members. Specifically, the bill changes the number of board members designated by the Louisiana Fire Chiefs Association from one representative to two representatives. The Property Insurance Association of Louisiana continues to retain its statutory authority to promulgate fire insurance rates under existing law, and this bill does not alter that core function.
The practical effect of this legislation is to expand the representation of fire chiefs on the Property Insurance Association of Louisiana's board of directors. Fire departments and fire chiefs operating in Louisiana will gain additional input into the association's governance and decision-making processes through the addition of a second designated board member. The association itself experiences a one-seat expansion of its board composition, which may affect board operations, voting dynamics, and the frequency or structure of board meetings.
This amendment operates within Louisiana's insurance regulatory framework established in Title 22 of the Louisiana Revised Statutes, which governs insurance rates and rating organizations. The Property Insurance Association of Louisiana functions as an organization authorized to compile and promulgate fire insurance rates for the state. The board composition requirements specified in R.S. 22:1460(B)(2) establish the governance structure for this rate-setting entity. The change becomes effective August 1, 2026, allowing the state insurance commissioner and the Louisiana Fire Chiefs Association adequate time to implement the new board membership structure before the effective date.
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