SB226

Louisiana SB226 prohibits insurance rate determination based on gender classifications.

Louisiana SB226 amends existing law to prohibit insurance rate determination based on gender classifications. The bill retains the current requirement that insurance rates must not be excessive, inadequate, or unfairly discriminatory. It explicitly prohibits risk classification based on gender, aligning with existing prohibitions on race, color, creed, and national origin. This change aims to ensure fairness in insurance pricing by preventing gender-based discrimination in rate setting. Effective August 1, 2026.