Louisiana HB736 aims to enhance transparency in insurance rate filings by establishing criteria for trade secret protection.
Louisiana HB736 amends existing law to provide transparency in insurance rate filings and establishes criteria for determining trade secret protection. The bill requires insurers to submit a sworn affidavit when claiming trade secret protection, detailing why the information qualifies. It mandates that trade secret information be clearly marked and separated from non-trade secret material. The commissioner of insurance must review these claims and may deny them if the information does not meet trade secret standards or falls under specified categories.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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