Rulemaking Notices

Written Comment Topic: Regulation 42 — Group Self-Insurance Funds

Deadline: July 11, 2022

Time: 4:30 p.m.

Address: Lisa Henson, Louisiana Department of Insurance, Legal Division
P.O. Box 94214, Baton Rouge, LA 70804

Description of Accepted Action: Description of Accepted Action: The purpose of the amendment of Regulation 42 is to make changes to bring Regulation 42 into alignment with current law. Definitions have been updated. The requirements for an application to create a group self-insurance fund have been revised. The language regarding filing and use of rates has been updated. The procedure for addressing fund insolvencies has been updated. Language regarding required examinations of group self-insurance funds has been added.

Current Regulation: N/A

Accepted Changes: N/A

Adopted Regulation: N/A

Effective Date: Upon Publication

Notice of Intent: Regulation 42 NOI

Rule Summary Report: Regulation 42 Summary Report

Contact Person: Interested persons who wish to make comments may do so by writing to Lisa Henson, Staff Attorney, Louisiana Department of Insurance, P.O. Box 94214, Baton Rouge, LA 70804-9214, by faxing comments to (225) 342-1632, or electronically at [email protected]. Comments will be accepted through the close of business, 4:30 p.m., Monday, July 11, 2022.