2014 Louisiana Laws
Revised Statutes
TITLE 22 - Insurance
RS 22:821 - Fees

LA Rev Stat § 22:821 What's This?

PART III. FEES

§821. Fees

A. The fee for filing the power of attorney shall be collected in advance by the secretary of state.

B. The following fees and licenses shall be collected in advance by the commissioner of insurance:

(1)

Fee to accompany application for initial

certificate of authority, insurer, and rating

organization

$

2,500.00

(2)

An annual financial regulation fee from every health

maintenance organization, domestic and

foreign company, vehicle mechanical breakdown

insurer, and property residual value insurer for

examination and analysis of its financial condition

$

1,000.00

(3)

For producers' licenses:

(a)

Life, health, and accident producer;

variable annuity producer

First time applicant

$

75.00

Additional or renewal company

appointment (yearly)

$

20.00

Producer renewal fee (every two years)

$

50.00

(b)

Property and casualty producer:

First time applicant

$

75.00

Additional or renewal company

appointment (yearly)

$

20.00

Producer renewal fee (every two years)

$

50.00

(c)

Limited lines producer

First time applicant

$

75.00

Each additional line of authority

$

35.00

Additional or renewal company

appointment (yearly)

$

20.00

Renewal fee (every two years)

$

50.00

(d)

Limited lines credit insurance producer

First time applicant

$

75.00

Additional or renewal company

appointment (yearly)

$

20.00

Renewal fee (every two years)

$

50.00

(e)

Surplus lines broker

First time applicant

$

250.00

Renewal fee (every two years)

$

350.00

(f)

Fee for failure to file producer

license renewal timely (per license)

$

50.00

(g)

Fee for duplicate producer license

$

15.00

(4)

For certified copies of any documents, per page

$

.25

(5)

Repealed by Acts 2007, No. 404, §2.

(6)

For securities fees

Registration of securities

$

200.00

Registration of securities dealer

$

50.00

Registration of securities salesman

$

10.00

(7)

Repealed by Acts 2001, No. 460, §2, eff. Jan. 1, 2002.

(8)

For filing a charter, other documents, and

amendments thereto

$

25.00

(9)

For each company filing of self-insured health

and accident insurance policy forms, per product

$

100.00

(10) (a)

For each company filing of property

and casualty insurance policy forms,

per product

$

100.00

(b)

For each company filing to adopt a reference

or item filing of advisory organization's form

reference filing (not applicable to service

purchasers, who must file the actual forms as

shown above)

$

20.00

(c)

For each company filing of property and

casualty insurance policy endorsements,

amendments, or riders

$

25.00

(11)(a)

For each company filing of life, health,

and accident insurance policy forms or

health maintenance organization subscriber

agreements, per product

$

100.00

(b)

For each company filing of Medicare

supplement insurance premium rates,

rating schedule, and supporting

documentation, per type of standard

benefit plan

$

100.00

(c)

For each company filing of Medicare

supplement insurance advertisements,

per submission

$

100.00

(12)

For certification of a self-insured worker's

compensation insurance program, an

initial certification fee

$

1,500.00

(13)

For review of a self-insured worker's

compensation insurance program, an

annual review fee

$

300.00

(14)

Managing general agents

(a)

Initial registration

$

300.00

(b)

Annual registration

$

300.00

(c)

Insurer's initial notice of appointment

$

300.00

(d)

Insurer's annual notice of appointment

$

300.00

(15)

Third party administrators

(a)

Licensing fee

$

500.00

(b)

Annual report filing fee

$

300.00

(16)

Fee to accompany the statement required

in an acquisition of control or merger

with a domestic insurer

$

2,500.00

(17)

Approval of foreign or alien surplus

lines insurers

$

1,050.00

(18)(a) Registration of a risk purchasing group

$

100.00

(b)

Annual renewal of registration for a

risk purchasing group

$

50.00

(19)

For viatical settlement licenses:

(a)

Viatical settlement broker:

First time applicant

$

50.00

Annual renewal

$

50.00

(b)

Viatical settlement investment agent:

First time applicant

$

50.00

Annual renewal

$

50.00

(c)

Viatical settlement provider

First time applicant

$

1,000.00

(20)

For filing viatical settlement contracts,

disclosure notices, and advertising

materials, per filing:

$

100.00

(21)

For the initial registration of a risk retention group

$

1,000.00

(22)

For acceptance of service of process when the

commissioner is appointed as agent for a

nonresident licensee or a foreign or alien entity

$

25.00

(23)

For claims adjuster licenses and registrations:

(a)

Business entity

First time applicant

$

55.00

Renewal fee (every two years)

$

50.00

(b)

Resident and nonresident

First time applicant

$

55.00

Renewal fee (every two years)

$

50.00

(c)

Catastrophe and emergency claims adjuster

$

25.00

(24)

For public adjuster licenses:

(a)

Business entity

First time applicant

$

55.00

Renewal fee (every two years)

$

50.00

(b)

Resident and nonresident

First time applicant

$

55.00

Renewal fee (every two years)

$

50.00

(25)

For a certificate of compliance

$

10.00

(26)

For each filing of vehicle mechanical breakdown

insurance policies, per submission

$

25.00

(27)

For each filing of property residual value insurance

policies, per submission

$

25.00

NOTE: Paragraph (28) repealed by Acts 2013, No. 326, §2, eff. Jan. 1, 2015.

(28)

Medical Necessity Review Organization other than

a health insurance issuer

(a) Licensing fee

$

1,500.00

(b) Annual report filing fee

$

500.00

(29)

For prelicensing or continuing education:

(a)

Provider application

$

250.00

(b)

Program or course application, per program or

course

$

25.00

(30)

Home service contract providers

(a)

Initial registration fee

$

600.00

(b)

Renewal fee (every two years)

$

250.00

(31) Fee for application for insurance producer for specialty limited lines credit insurance.

(a) Initial application if registering twenty or fewer

employees

$

250.00

(b) Initial application if registering twenty-one or more

employees

$

1,000.00

(c) Annual renewal fee if registering twenty or fewer

employees

$

125.00

(d) Annual renewal fee if registering twenty-one or more

employees

$

500.00

(32) Fee for application for insurance producer for specialty limited lines motor vehicle title insurance line.

(a) Initial application if registering twenty or fewer

employees

$

250.00

(b) Initial application if registering twenty-one or more

employees

$

1,000.00

(c) Fee for registration of employees, per employee up to

twenty-five hundred dollars

$

20.00

(d) Annual renewal fee if registering twenty or fewer

employees

$

125.00

(e) Annual renewal fee if registering twenty-one or more

employees

$

500.00

(33) Motor vehicle rental insurers.

(a) Initial license application:

(i) Twenty-six or more vehicles

$

500.00

(ii) Twenty-five or fewer vehicles

$

100.00

(b) Renewal

(i) Twenty-six or more vehicles

$

250.00

(ii) Twenty-five or fewer vehicles

$

50.00

(34) For appraisers:

First time applicant

$

55.00

Renewal fee (every twelve months)

$

50.00

(35) Portable Electronics Insurance Limited Lines License

(a) Initial license application

$

200.00

(b) Renewal

$

100.00

NOTE: Paragraphs (36) and (37) as enacted by Acts 2013, No. 326, §1, eff. Jan. 1, 2015.

(36) Utilization review organization other than a health insurance issuer

(a) Application fee

$

1,500.00

(b) Annual report filing fee

$

500.00

(37) Independent review organization

(a) Application fee

$

500.00

(b) Annual filing fee

$

500.00

C. The commissioner of insurance is authorized to withhold the funds collected under Subparagraph (B)(3)(g) of this Section.

D. The commissioner of insurance is authorized to withhold the funds collected under Paragraphs (1) and (2) of Subsection B of this Section to defray the cost of examination of insurers pursuant to Chapter 8 of this Title and processing of the annual reports and premium tax forms as required by R.S. 22:571 and R.S. 22:792 subject to all annual budgetary requirements of the state of Louisiana.

E. The fees stated herein shall supersede any statement of fees in any individual section of the Code.

F. However, any Louisiana domestic insurer owned exclusively by Louisiana residents or by a corporation that is owned exclusively by Louisiana residents shall be exempt from paying fees provided for under Paragraph (B)(3) of this Section, only as it relates to additional or renewal company appointment (yearly). Each insurer applying for exemption of fees, under this Section, shall file with the Department of Insurance a notarized affidavit certifying the ownership of the insurer as being owned exclusively by Louisiana residents or by a corporation that is owned exclusively by Louisiana residents.

G. The commissioner may promulgate such rules and regulations as may be necessary and proper to carry out the provisions of this Section. Such rules and regulations shall be promulgated and adopted in accordance with the Administrative Procedure Act, R.S. 49:950 et seq.

Acts 1958, No. 125. Amended by Acts 1960, No. 391, §1; Acts 1970, No. 106, §1; Acts 1981, No. 663, §1; Acts 1983, 1st Ex. Sess., No. 25, §1, eff. Mar. 1, 1983; Acts 1983, 1st Ex. Sess., No. 18, §1, eff. Mar. 18, 1983; Acts 1992, No. 381, §1; Acts 1992, No. 1135, §1; Acts 1993, No. 295, §1; Acts 1999, No. 299, §1, eff. June 11, 1999; Acts 1999, No. 342, §6, eff. July 12, 1999; Acts 1999, No. 912, §1, eff. Jan. 1, 2000; Acts 1999, No. 1312, §5, eff. July 1, 2000; Acts 2001, No. 460, §§1 and 2, eff. Jan. 1, 2002; Acts 2002, 1st Ex. Sess., No. 87, §1; Acts 2003, No. 343, §1; Acts 2004, No. 376, §1; Acts 2006, No. 385, §1, eff. June 15, 2006; Acts 2006, No. 762, §1, eff. June 30, 2006; Acts 2006, No. 763, §1, eff. June 30, 2006; Acts 2007, No. 191, §1, eff. July 1, 2007; Acts 2007, No. 404, §§1 and 2; Acts 2008, No. 208, §1; Redesignated from R.S. 22:1078 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2008, No. 818, §1; Acts 2008, No. 883, §1; Acts 2009, No. 33, §1; Acts 2009, No. 34, §1; Acts 2009, No. 94, §1, eff. Jan. 1, 2010; Acts 2009, No. 95, §1; Acts 2009, No. 101, §1, eff. Jan. 1, 2010; Acts 2009, No. 317, §1; Acts 2011, No. 94, §1, eff. Jan. 1, 2012; Acts 2012, No. 56, §1; Acts 2012, No. 96, §1; Acts 2012, No. 311, §1; Acts 2013, No. 326, §1, 2, eff. Jan. 1, 2015.

NOTE: Former R.S. 22:821 redesignated as R.S. 22:232 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.

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