Steve Theriot, Louisiana’s legislative auditor, said a legal dispute between the legislature and state insurance department has been resolved.
The dispute involved Theriot’s demand that Insurance Commissioner Jim Donelon release his agency’s internal documents for an audit. Donelon resisted, saying the documents could not be released because they contained private insurance companies’ confidential market data.
Theriot said late last week that he and Donelon agreed that the insurance department will release the documents under a confidentiality agreement.
A legislative panel voted to rescind subpoenas for the records that the committee issued last year.
Topics Louisiana
Was this article valuable?
Here are more articles you may enjoy.
Sompo Receives Regulatory Approvals to Acquire Aspen Insurance in $3.5B Deal
Lemonade Books Q4 Net Loss of $21.7M as Customer Count Grows
Former Broker, Co-Defendant Sentenced to 20 Years in Fraudulent ACA Sign-Ups
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 

