Skip to main content
Find a Lawyer

Louisiana Revised Statutes Tit. 22, § 1808.1. License required

Current as of January 01, 2023 | Updated by Findlaw Staff

A. No person shall act as, or hold himself out to be, an insurance consultant unless licensed by the Department of Insurance.

B. (1) “Insurance consultant” means any person or entity which offers for a fee or other valuable consideration any advice, counsel, opinion, or related services with respect to risk evaluation or management, the benefits, coverages, exclusions, or provisions under any policy of insurance to be issued in this state, or involving the advantages or disadvantages of any such policy of insurance, or any formal plan of managing risk.

(2) “Insurance consultant” for the purposes of this Part shall not include:

(a) Attorneys while working in the capacity of an attorney.

(b) Litigation support or insurance expert witness services related to litigated matters.

(c) Claims adjusters.

(d) Public adjusters, appraisers, contractors, or engineers engaged in the settlement of insurance claims, who do not have a direct or indirect financial interest in any aspect of the claim, other than the compensation established in the written contract with the insured.

(e) A licensed insurance producer who offers advice or consulting with respect to any of the following, regardless of whether the insurance producer is compensated by commission or agency fees for such advice, consulting, or services:

(i) Risk evaluation or management, risk transfer, self-insurance, self-insured retention programs.

(ii) The benefits, coverages, exclusions, or provisions under any policy of insurance.

(iii) The advantages or disadvantages of any policy of insurance or plan of managing risk.

(iv) Any other advice, consulting, or related policyholder services in conjunction with risk and insurance programs provided as an insurance producer.

(f) Loss control and accident prevention consultants.

(g) Certified public accountants while working in their capacity as an accountant.

(h) Actuaries who are members of the American Academy of Actuaries (MAAA).

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 22, § 1808.1. License required - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-22-sect-1808-1/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard