Louisiana · 2025 Regular Session · Study Request

HSR 1: BONDS: Provides for a study of the feasibility of establishing a Catastrophe Reinsurance Program which includes the issuance of catastrophe bonds to provide an alternative method for insurance companies to secure reinsurance to cover property damage and casualty losses

Introduced Last action June 9, 2025: Approved on 6/9/2025.

Plain-language summary

HSR 1 is a study request introduced in the Louisiana House on June 4, 2025. According to its official title, it concerns: BONDS: Provides for a study of the feasibility of establishing a Catastrophe Reinsurance Program which includes the issuance of catastrophe bonds to provide an alternative method for insurance companies to secure reinsurance to cover property damage and casualty losses. Primary sponsor: Edmond Jordan (Democratic). Most recent recorded action (June 9, 2025): Approved on 6/9/2025.

Sponsors

Primary sponsor: Edmond Jordan (Democratic).