- A. An expedited application process shall be available to an applicant who demonstrates to the commissioner’s satisfaction that the product or service proposed to be subject to an innovation waiver is substantially similar to one for which a waiver has previously been granted by the commissioner.
- B. Upon receipt of an expedited application request, the commissioner shall determine within 15 days, excluding weekends and holidays, whether the product or service qualifies for an expedited application process.
Authority Note
AUTHORITY NOTE: Promulgated in accordance with R.S. 22:11, 22:1430.1 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 51:967 (July 2025).