{"id":34620,"date":"2023-06-25T06:00:00","date_gmt":"2023-06-25T10:00:00","guid":{"rendered":"https:\/\/www.propertyinsurancecoveragelaw.com\/?p=34620"},"modified":"2024-05-14T19:57:23","modified_gmt":"2024-05-14T23:57:23","slug":"louisiana-2023-legislative-scorecard-part-two-what-failed-to-pass","status":"publish","type":"post","link":"https:\/\/www.propertyinsurancecoveragelaw.com\/blog\/louisiana-2023-legislative-scorecard-part-two-what-failed-to-pass\/","title":{"rendered":"Louisiana 2023 Legislative Scorecard, Part Two \u2013 What failed to pass?"},"content":{"rendered":"\n

We recently discussed the bills that passed<\/a> during the 2023 Louisiana legislative session. However, some of the most notable and potentially sweeping bills were ones that did not pass, namely HB 604 (that we rece<\/a>n<\/a>tly discussed<\/a> when it was proposed) and HB 601.<\/p>\n\n\n\n\n\n\n\n

HB 604<\/a> attempted to change the laws surrounding appraisal in Louisiana in an apparent attempt to eliminate conflicts of interest. However, as we recently discussed<\/a> when it was proposed:<\/p>\n\n\n\n

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In a way, the proposed law is trying to prevent people from having any conflicts of interest as an appraiser or umpire. The pool of available and experienced appraisers and umpires is going to be pretty small as I read the bill. The parties will have inexperienced people trying to resolve disputed property insurance claims because the experienced ones will be conflicted out of participating as the current proposed law is written.<\/p>\n\n\n\n

The proposed Louisiana law seems to contemplate that the only losses are those to real property because there is no provision for appointing accountants in a business interruption suit, coin experts regarding the value of collectible coins, etc.\u00a0 The drafter obviously has little experience regarding the variety of losses that are disputed.<\/p>\n<\/blockquote>\n\n\n\n

The bill failed to advance out of committee and faced opposition from representatives of policyholders and insurance companies alike. Currently, it is unclear if the drafters will go back to the drawing board regarding attempts to alter the appraisal laws in Louisiana.<\/p>\n\n\n\n

HB 601<\/a> was the most potentially sweeping bill proposed and was very close to passing until it failed on the Senate floor. With the recent legislative reforms in Florida as a backdrop, legislators proposed a bill clarifying some of the various aspects of property insurance litigation.<\/p>\n\n\n\n

The main points of the proposed law include the following:<\/p>\n\n\n\n