Louisiana Revised Statutes 22:3 – The Department of Insurance shall be comprised of the office of the commissioner; the office of management and finance; the office of property and casualty; the office of licensing;
Terms Used In Louisiana Revised Statutes 22:3
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Fraud: Intentional deception resulting in injury to another.
The Department of Insurance shall be comprised of the office of the commissioner; the office of management and finance; the office of property and casualty; the office of licensing; the office of financial solvency; the office of consumer advocacy and diversity; the office of health, life and annuity; the office of consumer services; the office of insurance fraud; the office of legal services; the office of policy, innovation, and research; the division of public affairs; the division of diversity and opportunity; and any other office or division that may be included by the Executive Reorganization Act or other law. Each office or division shall be administered as prescribed by Titles 36 and 39 of the Louisiana Revised Statutes of 1950.
Acts 1986, No. 473, §1, eff. July 1, 1986; Acts 1992, No. 984, §7; Acts 1999, No. 885, §1, eff. June 30, 1999; Acts 2001, No. 184, §1, eff. July 1, 2001; Redesignated from La. Rev. Stat. 22:8(A) by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1; Acts 2013, No. 217, §1; Acts 2015, No. 274, §1, eff. June 29, 2015; Acts 2022, No. 159, §1, eff. May 25, 2022.
NOTE: Former La. Rev. Stat. 22:3 redesignated as La. Rev. Stat. 22:11 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.