Louisiana Insurance Guaranty Association Law (22:2051 to 22:2070)

What this document is

Louisiana Insurance Guaranty Association Law (22:2051 to 22:2070) is a state statute published by Louisiana State Legislature (legis.la.gov), Louisiana Revised Statutes. It is one of the Louisiana documents that insurance license exam questions are written from, including louisiana property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• La. R.S. 22:2053(A) (Guaranty Association scope; kinds of insurance)

  “This Part shall apply to all kinds of direct insurance, except: (1) Life, annuity, health and accident or disability insurance. (2) Mortgage guaranty, financial guaranty, or other forms of insurance offering protection against investment risks. (3) Fidelity or surety bonds, bail bond contracts, or...”

• La. R.S. 22:2069(A) (Guaranty Association; advertisements prohibited)

  “Advertisements which include a reference to the coverage or protection by the Louisiana Insurance Guaranty Association are specifically prohibited.”

• La. R.S. 22:2058(A)(3)(a)(ii) (Powers and duties of the association; assessment cap)

  “No member insurer may be assessed in any year an amount greater than two percent of that member insurer's net direct written premiums for the preceding calendar year.”

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Questions about this source

More Louisiana sources

• La. R.S. 22:1964: Methods, acts, and practices defined as unfair or deceptiveState statute
• La. R.S. Title 22, insurance contract and standard policy provisions: 22:861, 862, 863, 865, 866, 867, 884, 931, 942, 951 and 977State statute
• Louisiana Insurance Code - Group, Family Group, Blanket and Association Health and Accident Insurance (La. R.S. 22:978, 1000, 1003, 1003.1, 1024, 1025, 1045, 1046, 1061-1071)State statute
• Louisiana Insurance Code - Group Life Insurance (La. R.S. 22:941 through 22:945)State statute
• Louisiana Insurance Code - Health and Accident Insurance Policy Provisions (La. R.S. 22:971 through 22:995)State statute
• Louisiana Insurance Code - The Insurance Contract; Provisions Applicable to All Insurers (La. R.S. 22:851 through 22:890)State statute
• Louisiana Insurance Code - Life Insurance Policies and Annuity Contracts (La. R.S. 22:901-919, 22:931-936, 22:951-961)State statute
• Louisiana Life and Health Insurance Guaranty Association Law (La. R.S. 22:2081 through 22:2099)State statute