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SB508

Provides for certain payments under the terms of an insurance contract. (8/1/26)

Introduced·3/31/26
Ment Text

Louisiana SB508 clarifies that payments made by insurers under insurance contracts do not acknowledge debt or interrupt prescriptive periods.

Louisiana SB508 amends the state's insurance laws to ensure that payments made by insurers under the terms of an insurance contract do not serve as an acknowledgment of a debt or interrupt the prescriptive period. This applies to all insurance contracts issued in Louisiana, including health and accident policies for residents. The changes are set to take effect on August 1, 2026.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Judiciary A Committee
Next
Committee decision

Sponsors

0
1
R
Democratic CaucusRepublican Caucus

History

Apr 1

Senate

Read second time by title and referred to the Committee on Judiciary A.

Mar 31

Senate

Rules suspended. Introduced in the Senate. Read by title and placed on the Calendar for a second reading.