- A. Once an insured has contacted a participating mediation firm that is listed on the department’s website, the mediation firm shall submit its proposed mediation rate for approval to the department’s Property and Casualty Division, which will examine the proposed rate to confirm that it is reasonable in accordance with the prevailing mediation rates for the location where the residential property insurance claim arises.
- B. Mediation costs shall be the responsibility of the insurer in accordance with R.S. 22:2655.
Authority Note
AUTHORITY NOTE: Promulgated in accordance with R.S. 22:2, 22:11, 22:2651, et seq., and the Administrative Procedure Act, R.S. 49:950, et seq.
Historical Note
HISTORICAL NOTE: Promulgated by the Department of Insurance, Office of the Commissioner, LR 49:901 (May 2023).