The Louisiana Department of Insurance announced Feb. 3 that it is streamlining the form-filing process for five additional lines of commercial insurance by adding them to the list of lines eligible for certified approval.
The LDI said that the certified approval process requires insurers to certify that their new forms comply with all applicable laws, regulations and directives. Previously, these forms were submitted to the LDI for approval prior to taking effect. The department is making this change to create a more attractive environment for new and existing insurers in our state.
