2006 Louisiana Laws - RS 22:1214.1 — Automobile insurance; unfair trade practice
§1214.1. Automobile insurance; unfair trade practice
It shall be an unfair method of competition and unfair or deceptive act or practice for any insurer to establish a contract or agreement with any company to manage, handle, or arrange insurance repair work or to act as an agent for the insurer in any manner, where the company establishes a price which must be satisfied by a repair shop as a condition of doing claims repair work for the insurer, and then retains a percentage of the claim paid by the insurer.
Acts 1992, No. 525, §1; Acts 1993, No. 953, §1.
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