Session Scoop: 2024 Bill Tracking Report

Louisiana REALTORS® • March 15, 2024

Bill Tracking Report as of 3/14/2024

Your Louisiana REALTORS® Bill Review Team met Wednesday, March 13th to determine the positions LR is taking on over 200 pieces of legislation.


Two complete versions of the Louisiana REALTORS® Bill Report are available below. One report has the bills in numerical order, and the other report sorts bills by Louisiana REALTORS® positions on the bills. Updated bill reports and a summary of the week’s events will be posted on the Louisiana REALTORS® website each Friday.


The first week of the 2024 Legislative Session was generally slow, but things will pick up next week when bills aimed to improve the property insurance market will be heard in committees.


These bills are of particular interest to members because in the 2023 Louisiana REALTORS® Getting to Home study, you made it clear your number one Louisiana REALTORS® advocacy goal is improving our property insurance market.   


Therefore, Louisiana REALTORS® is supporting several bills that have been filed to provide Louisiana Department of Insurance Commissioner Tim Temple the necessary tools to bring insurers back to Louisiana, and to retain all the tools necessary to protect consumers from 'bad actors'.


These bills would bring bold changes to Louisiana’s insurance market and end the days of our state being the outlier in many areas. Change is never easy, but Louisiana cannot expect different results if it is to maintain the status quo. 


A few of these measures include the following:


   1. Approval of Rates: HB 613 by Representative Gabe Firment and SB 295 by Heather Cloud

These bills would change Louisiana from requiring "prior approval" of proposed insurance rates to a "file & use" system of approving insurance rates, thereby allowing insurers to begin using an actuarily sound market rate subject to receiving the approval of the Commissioner of Insurance within 30 days. This would allow insurers to better manage their business and have more flexibility to price their products.


   2. Good Faith Claims Process: HB 678 by Representative Gabe Firment and SB 323 by Senator Kirk Talbot

These bills would establish and clarify the rights, duties, and timelines imposed on both the policyholder and insurer to ensure swift resolution of an insured’s claims, including offering insurance companies cure periods. SB 232 would retain an insured's ability to file a bad faith claim and receive the same court-awarded damages and attorney fees they could obtain under current law. HB 678 would adopt Texas's prompt payment of claims framework, including its provisions on cure periods, penalties/interest and attorney’s fees.


    3. 3-year Rule Modifications: SB 370 by Senator Adam Bass and HB 611 by Representative Gabe Firment

With a few exceptions, Louisiana’s 3-year rule essentially marries an insurer to an insured if the property insurance is in place for three years. Louisiana is the only place on the planet with this type of law giving us a notorious reputation in the insurance industry worldwide.


If adopted, both bills would allow insurers to slowly remove policies held under this law and provide that any policies written after August 1st would not be subject to the 3-year rule. There is talk of amendments being proposed to the bills to limit the number of existing policies that could be reduced in any given parish and any given zip code.



Bill Tracking Report by Numerical Order (as of 3/14/24) Bill Tracking Report by Position (as of 3/14/24)
By Louisiana REALTORS® September 4, 2026
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Emergency vet care can vary widely based on your pet’s condition, breed, and location. On average, an emergency visit can range anywhere from $150 to $5,000 or more — and that’s before factoring in surgery or ongoing care. Here’s a breakdown of what common emergency services might cost. Diagnostics (bloodwork, imaging, exams): $180 – $450 Pain medication: $40 – $80 Hospitalization: $800 – $2,500 IV fluids: $60 – $95 Surgery: $1,500 – $5,000+ Common emergencies like broken bones, poisoning, heatstroke, or severe infections can quickly become expensive — and unexpected. With Spot Pet Insurance, you can get help covering these eligible costs and focus on your pet’s recovery instead of worrying about the bill. How Spot Pet Insurance Helps with Emergency Vet Bills Spot’s plans help pet parents manage the financial impact of sudden veterinary expenses. 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Flexible reimbursement options: Choose up to 90% back on eligible costs. Extensive coverage: Plans include accidents, illnesses, and even alternative therapies for covered conditions. Spot is designed to help give pet parents the freedom to make the best care decisions — with less worries about financial limitations. FAQs About Emergency Vet Coverage with Spot Pet Insurance Does Spot Pet Insurance cover emergency vet visits? Yes. Spot Pet Insurance helps cover the eligible costs of emergency vet care for covered accidents and illnesses — including exams, diagnostics, surgery, and hospitalization. Can I visit any vet during an emergency? Absolutely. With Spot, you can visit any licensed veterinarian in the U.S. or Canada — no network restrictions or referral requirements. How much can I get reimbursed for an emergency vet bill? Depending on your plan, Spot can reimburse up to 90% of covered expenses after your deductible. How quickly are claims processed? Spot aims to make reimbursement simple and fast. Most claims are processed within 48 hours, helping you recover costs quickly. Does Spot cover follow-up care after an emergency? Yes. If the condition is covered under your policy, Spot also helps reimburse eligible follow-up visits and treatments after the initial emergency care. Key Takeaway When emergencies happen, Spot Pet Insurance is there to help — helping to give pet parents financial relief and peace of mind during stressful moments. With plans that cover eligible costs for accidents, illnesses, and emergency treatments, Spot helps you focus on what matters most: getting your pet the care they need, when they need it. With customizable plans, fast claims processing, and up to 90% reimbursement, Spot makes it easier for pet parents to handle the unexpected — because caring for your pet shouldn’t come with financial worry. Follow this link to learn more about pet insurance, or get a free quote today! 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By Louisiana REALTORS® August 25, 2026
Louisiana REALTORS® CEO Norman Morris issued the following statement after SpaceX announced plans to invest $100 billion in a new launch facility in Vermilion Parish. The project is expected to create 3,000 direct jobs and more than 8,100 indirect jobs across Acadiana. “SpaceX’s investment is an extraordinary economic win for Louisiana. We congratulate Governor Jeff Landry, Louisiana Economic Development Secretary Susan Bourgeois, Vermilion Parish leaders, and everyone who helped bring this historic project home. The housing and infrastructure improvements needed to support more than 11,000 new job opportunities should generate a huge economic boost to the Acadiana and Gulf Coast region. According to the National Association of REALTORS®, each typical Louisiana home sale generates approximately $88,600 in economic activity. Even if only half of the new SpaceX related jobs lead to a home purchase, the impact would generate nearly half a billion dollars across our state's economy. That improves our tax base and school systems, and ripples through our economy touching builders, bankers, hardware stores, appliance dealers, contractors and so many more. “Housing is not downstream of economic development; it is an essential infrastructure. Louisiana REALTORS® and our partners stand ready to help turn these new jobs into homes, stronger communities and lasting roots in Louisiana. Economic development creates jobs, but housing turns those jobs into homes. Let’s make Louisiana home again, together.” Economic-impact estimates are illustrative calculations by Louisiana REALTORS® using employment projections from Louisiana Economic Development and the National Association of REALTORS®’ estimated economic impact per typical Louisiana home sale. They are not forecasts or recurring annual-impact figures. Enjoy the video below from the Louisiana Department of Economic Development .
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By Louisiana REALTORS® August 17, 2026
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