1. A. As used in Regulation 131, these terms shall have the following meaning ascribed herein unless the context clearly indicates otherwise.
2. Commissioner—the Louisiana Commissioner of Insurance.
3. Department—the Louisiana Department of Insurance.
4. Homeowners Insurance—a policy of insurance on a one- or two-family owner-occupied premises, which combines fire and allied lines with any one or more perils of casualty, liability, or other types of insurance within one policy form at a single premium, where the insurer's liability for damage to the premises under said policy is determined with reference to the replacement value of the premises.
5. Homeowners Policies—shall mean for purposes of this regulation, policies of homeowners insurance that have been in effect for more than three years on or before August 1, 2024.
6. Nonrenewal or Cancellation Date—the termination date of an insured’s policy of homeowners insurance.
7. Insured―customers owning homeowners policies as provided for in R.S. 22:1265.
8. Insurer—any insurer that provides property, casualty, and liability insurance in the state of Louisiana.
9. Not In The Public Interest—means the imposition of a plan to cancel or nonrenew up to 5 percent of homeowners policies that has an outsized impact on a specific coastal geographic area, zip code, or parish.

Authority Note

AUTHORITY NOTE: Promulgated in accordance with R.S. 22:2, R.S. 22:11, 22:1265, Act 2024, No. 9 of the Regular Session of the Louisiana Legislature, 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 51:804 (June 2025).