The insurance law

Title 22 of the Statute revised is in Louisiana, where all laws in relation to and for the insurance in Louisiana. Article 22.2 explains that the insurance is regulated to ensure consumers are treated fairly in the public interest. Section 2 provides also the appointment of a Commissioner of insurance, all laws impose contained in title 22. In June 2010 the Commissioner James j. Donelon and is at the top of the Louisiana Department of insurance. License RequirementSection 22.4 mandates that all persons, partnerships and organizations requires a license to act as keep insurer. License, a manufacturer by the Ministry in Louisiana insurance required before a person or entity may sell and provide services in the insurance sector. A license is required to solicit business for insurance. The Department of insurance offers a search engine, so that you can confirm if an insurer is authorized to do business with the Louisiana.PenaltiesFailure comply with title 22 negative consequences may result in your site. Those persons and entities that hurt or help infringements of the provisions of title 22 only not termination or suspension of the licence is subject to insurance companies, but also fine. The maximum penalty for a company is $50,000 $10,000 during the maximum sentence for a person. People may be punished by a term of not more than five years in prison. Section 22.7 requires that individuals or companies violate the 22 guilty recognized title can only be condemned if acted intentionally. Negligence not suffice.Life authorized insurance DatabaseSection 22.14 Department of insurance to manage a database of Märchenbetreffend the contactinformation for all policy life insurance in force of Louisiana. January 2004, effective immediate family of a deceased person can look into force had database, life to find insurance policies PE Décédérson when you are dead. A search can be performed online requires that the name, address, date of birth and social security for the deceased as well as a copy of death number certificate. Death certificate cannot be parsed, and using online or via mail driver cover RequiredEvery faxed.Uninsured published in Louisiana, uninsured motorists include section 22: 680 car liability insurance coverage. Cover protects uninsured driver the driver correctly in the event description insured, where you are involved with a vehicle in an accident that unlawfully fails, to take insurance. It ensures that the driver responsible one for the receipt of insurance to maintain minimal amount of money. Louisiana, uninsured motorists coverage must at least injury equal .it liability limits (although additional coverage can be purchased) on 1 January 2010, Louisiana increased the minimum amount of insurance liability for personal injury, car must have 15,000 US US dollar per person and $30,000 per accident. This means that auto insurance in Louisiana at least $15,000 / $30,000 must contain limits of uninsured motorists coverage.Unfair methods ProhibitedSection 22: 1213 offers insurers of Louisiana can be unfair and deceptive trade practices. Some methods are prohibited are listed in section 22: 1214. The list contains false statements, false statements and behavior diskriminieren end. For example, two people in the same class, the face, the same risk and have the same life expectancy of the fact different political LEBensversicherung or life annuity issued. If the guilty of an unfair commercial practice, an insurer which you such behavior and steep penalties set ordered to increase. The insurer may also be revoked or suspended.TipThe in Louisiana accepted insurance complaints insurance on its Web site.