Regulation Number 134—Insurance Regulatory Sandbox Program | Midpage

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Louisiana Administrative Code

Chapter 205

Regulation Number 134—Insurance Regulatory Sandbox Program

State of Louisiana

20501Purpose 20503Applicability and Scope 20505Pre-Application Conference 20507Definitions 20509Grounds for Innovation Waiver 20511Application Requirements 20513Conditions on Innovation Waiver 20515Waiver Not to Restrict Commissioner’s Authority 20517Duration and Requests for Extension 20519Expedited Application Process 20521Reporting and Monitoring 20523Record Keeping by Participants 20525Disclosure to Consumers 20527Public Notice 20529Termination of Waivers 20531Denial, Revocation and Penalties 20533Confidentiality of Waiver Application and Materials 20535Severability 20537Effective Date