Louisiana Insurance Department Issues Bulletin Emphasizing TPA Due Diligence Obligations Regarding Unlicensed Insurance Entities

Short summary

Louisiana's insurance regulator issued Bulletin 2026-07 requiring Third-Party Administrators (TPAs) to verify that entities they contract with are properly licensed and to report any unlicensed insurance activity to the Department. TPAs conducting business with unlicensed entities face enforcement action including cease-and-desist orders.

• •Bulletin 2026-07 mandates TPAs verify licenses of business partners offering insurance products in Louisiana
• •TPAs must report unlicensed entities to the Department's Office of Consumer Services
• •Non-compliance exposes TPAs to statements of charges, proceedings, and regulatory cease-and-desist orders

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