Louisiana Implements Major Insurance Law Reforms for 2025 Louisiana is undergoing significant changes in its insurance landscape with the introduction of a new law that took effect on January 1, 2025. The legislation, signed by Governor Jeff Landry, repeals the unique “three-year rule,” which had long posed challenges for insurance companies operating in the state. This reform aims to make Louisiana a more competitive environment for insurers while sparking concerns among homeowners about protections. Repeal of the Three-Year Rule The three-year rule previously prevented insurance companies from canceling or non-renewing…
Read MoreNew Insurance Law in Louisiana Sparks Debate – Winners and Losers Revealed
