New Louisiana Rule: Home and Auto Insurers Must Reveal What Drives Your Premium Starting 2027

LA| Bulletin 2026-05, by the Louisiana Department of Insurance (LDI), explains that effective January 1, 2027 every admitted insurer writing homeowners or private passenger automobile insurance in Louisiana must submit an annual Rate Transparency Report based on the insurer’s most recently approved rate filing, due each January 1, in accordance with La. R.S. 22:1464.1. The […]

Risk of Penalties & Perjury: CA Insurance Commissioner Targets Undisclosed Formula Edits in Rate Exhibits

CA| Bulletin 2026-2 from the California Insurance Commissioner reminds all Proposition 103 prior-approval property and casualty insurers that rate applications must use the Department’s official Prior Approval Application, Templates, Standard Exhibits, and SIS Exhibits without altering any of the Department’s proprietary formulas, and that any adjustments must instead be disclosed and explained in the Filing […]