LA Rev Stat § 22:855 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§855. Quoted premium shall include all charges; dollar amount required

RS 855 - Quoted premium shall include all charges; dollar amount required  A. The premium quoted by the insurer shall be a specific dollar amount which shall be inclusive of all fees, charges, premiums, or other consideration charged for the insurance or for the procurement thereof, except that:  (1) In any subsequent modification of the policy, the insurer may require that evidence of insurability be furnished at the insured's expense.  (2) The premium and premium tax on a surplus lines policy shall be separately stated on the declaration page.  B.(1) No insurer or its officer, employee, producer, or other representative shall charge or receive any fee, compensation, or consideration for insurance which is not included in the premium quoted to the insured and the premium specified in the policy delivered to the insured, except for the premium tax on a surplus lines policy which shall be separately stated, and except for reimbursement for expenses due the producer, and except for an agency fee, if any, as authorized hereunder for all lines of insurance including but not limited to property insurance, casualty insurance, individual and group health insurance, and supplemental benefit insurance coverages.  (2)(a) The producer may receive reimbursement from the insured for expenses incurred by the producer directly related to the insurance coverage for the insured. In addition, the producer may charge a reasonable agency fee related to the services provided by the producer. Any reimbursement or agency fee shall be itemized separately on an invoice statement. A single invoice may be used to make known all charges. Each such charge must be prominently disclosed and itemized separately on the invoice.  (b) The reimbursement for expense and agency fees shall not be considered premium for any purpose, nor shall they be subject to premium taxes or surplus lines premium taxes. Agency fees for criminal bail bond, homeowners insurance, or personal automobile insurance that are standard risks insurable at standard rates shall not exceed twenty-five dollars.  (c) Expenses or agency fees charged for an individual health insurance policy shall be disclosed on a separate document which shall be signed by the named insured. The exclusive remedy for failure to obtain a signed disclosure on an individual health insurance policy shall be the return of expenses and agency fees.  (d)(i) Any insurer doing business in this state shall accept a current copy of any motor vehicle report procured by a licensed producer or licensed insurance agency on behalf of a client in the quoting and underwriting of automobile insurance. The motor vehicle report shall be deemed current if the report was issued within fifteen days of the requested quote.  (ii) If an insurer chooses to procure a motor vehicle report after having been provided with a current motor vehicle report by a producer or agency, the insurer shall not pass the cost on to the producer, agency, client, or insured.  (iii) If an agency or producer does not supply a current motor vehicle report with a request for a quote, the insurer may procure any necessary motor vehicle report. If the insurer provides the producer or agency with a current copy of the motor vehicle report, the insurer may charge the actual cost of the motor vehicle report to the producer or agency seeking the quote. The producer or agency may charge the client the actual cost of the motor vehicle report, which shall be in addition to the agency fee authorized pursuant to Subparagraph (a) of this Paragraph.  (e) The commissioner may promulgate rules to enforce the provisions of this Section.  C. Each policy delivered to the insured shall have the full and accurate dollar amount of the premium disclosed on the policy, which shall be inclusive of all fees, charges, premiums, or other consideration charged for the insurance or for the procurement thereof, except that, in any subsequent modification of the policy, the insurer may require that evidence of insurability be furnished at the insured's expense, and except that the premium tax on a surplus lines policy shall be separately stated, and except for reimbursement of expenses and agency fees as authorized in Paragraph (B)(2) of this Section.  D.(1) Any person who aids, assists in, or procures the preparation of any invoice, insurance policy or part thereof, or any other document used in the charging of any fee, compensation, or other consideration, except as provided in Subsections B and C of this Section, which is not included in the premium quoted by the insurer and in the premium disclosed on the policy shall be liable to the insured.  (2) In this Subsection, a person who procures the preparation of any document specified in Paragraph (1) of this Subsection includes a person who knowingly permits the preparation of such a document to be done or participated in by a subordinate or employee, whether or not that person directly ordered or caused the subordinate or employee to prepare the document. It shall not include a person furnishing typing, reproducing, or providing other clerical or mechanical assistance with respect to a document.  E.(1) Upon making a written finding that an amount in excess of the quoted premium has been received, the commissioner shall issue a written order to the person who received the excess amount to refund it to the person who paid it. Such amount shall be paid within thirty days after the date of the commissioner's order in the matter.  (2) Upon such determination, the person ordered to pay the refund may appeal to the Nineteenth Judicial District Court after paying to the commissioner a sum equal to one-half of the assessed refund. The commissioner shall keep any such sum paid in escrow and shall return it promptly to the payor if he prevails in the court proceeding. Thirty days after the commissioner's written findings or thirty days after final denial of the appeal, any order of the commissioner made pursuant to this Section shall be enforceable as a judgment under the Code of Civil Procedure.  F. Each violation of Subsection B or C of this Section shall be theft and a violation of R.S. 14:67.  G. The commissioner may assess one or more of the following penalties against any person who violates the provisions of this Section:  (1) A fine in an amount not greater than five thousand dollars.  (2) A suspension of an insurer's certificate of authority or a producer's license.  (3) A revocation of an insurer's certificate of authority or a producer's license.  H. The provisions of this Section shall apply to all policies except life, annuity, and reinsurance policies.  Acts 1988, No. 172, §1, eff. June 29, 1988; Acts 1989, No. 563, §1, eff. Sept. 1, 1989; Acts 1992, No. 1130, §2; Acts 1995, No. 704, §1; Acts 1999, No. 135, §1; Acts 1999, No. 551, §1; Acts 2004, No. 466, §1, eff. Jan. 1, 2005; Redesignated from R.S. 22:627 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 317, §1; Acts 2010, No. 375, §1, eff. Jan. 1, 2011; Acts 2013, No. 283, §1, eff. June 14, 2013; Acts 2017, No. 63, §1; Acts 2018, No. 278, §1. NOTE: Former R.S. 22:855 redesignated as R.S. 22:598 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.