Louisiana Revised Statutes 22:821 – Fees
Terms Used In Louisiana Revised Statutes 22:821
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- 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.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
- Service of process: The service of writs or summonses to the appropriate party.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
A. The fee for filing the power of attorney shall be collected in advance by the secretary of state.
B. The commissioner shall collect the following fees in advance:
(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) Surplus lines:
First time applicant. . . . . . . . . . . . . . . . . . . . . . . . . $250.00
Renewal fee (every two years). . . . . . . . . . . . . . . . . $350.00
(b) All other lines:
First time applicant. . . . . . . . . . . . . . . . . . . . . . . . . . .$75.00
Application to add lines. . . . . . . . . . . . . . . . . . . . . . . $50.00
Initial company appointment . . . . . . . . . . . . . . . . . . . $30.00
Renewal company appointment of individual
(yearly by January 1). . . . . . . . . . . . . . . . . . . . . . . . . .$20.00
Initial company appointment of business entity. . . . $100.00
Renewal company appointment of business entity
(yearly by August 1). . . . . . . . . . . . . . . . . . . . . . . . . $100.00
Producer renewal fee (every two years)
(i) One line. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$50.00
(ii) Two or more lines. . . . . . . . . . . . . . . . . . . . . . . . .$55.00
(c) Fee for failure to file producer license renewal timely
(per license). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$50.00
(4) For certified copies of any documents, per page. . . . . . . . . . . . . . . . . . .$.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) For each company form filing of property and casualty
insurance policy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $50.00
(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 workers’ compensation insurance program, an initial certification fee. . . . . . . . . . . . . . . . $1,500.00
(13) For review of a self-insured workers’ 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
Annual renewal. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$500.00
(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
(d) Fee for failure to file adjuster license
renewal timely (per license) . . . . . . . . . . . . . . . . . . . . . . . . . $50.00
(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
(28) Repealed by Acts 2013, No. 326, §2
(29) For continuing education
(a) Provider application. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $250.00
(b) Program or course application, per program or course. . . . . .$25.00
(30) Repealed by Acts 2015, No. 161, §2, eff. Jan. 11, 2016.
(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
(36) Utilization review organization other than a health insurance issuer
Application fee. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,500.00
(37) Independent review organization
Application fee. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$500.00
(38) For insurance consultants’ licenses:
(a) Life, health, and accident consultant; variable annuity consultant
First time applicant. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$75.00
Consultant renewal fee (every two years). . . . . . . . . . . . . . . .$50.00
(b) Property and casualty consultant
First time applicant. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$75.00
Consultant renewal fee (every two years). . . . . . . . . . . . . . . .$50.00
(39) For pharmacy services administrative organizations:
(a) Licensing fee………………………………………………………..$300.00
(b) Annual report filing fee………..……………………………………$150.00
C. Repealed by Acts 2022, No. 27, §1.
D. The commissioner of insurance is authorized to withhold the funds collected under Paragraphs (B)(1) and (2) 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 La. Rev. Stat. 22:571 and 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, La. Rev. Stat. 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 La. Rev. Stat. 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; Acts 2015, No. 161, §2, eff. Jan. 11, 2016; Acts 2016, No. 312, §1; Acts 2017, No. 14, §1; Acts 2017, No. 154, §1, eff. Jan. 1, 2018; Acts 2017, No. 159, §1, eff. July 1, 2017; Acts 2019, No. 226, §1, eff. June 11, 2019; Acts 2020, No. 55, §1, eff. July 1, 2020; Acts 2021, No. 192, §1; Acts 2022, No. 27, §1; Acts 2022, No. 273, §1, eff. June 3, 2022.
NOTE: Former La. Rev. Stat. 22:821 redesignated as La. Rev. Stat. 22:232 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.