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Read. Follow. Verify.Louisiana requires public disclosure of insurance rate calculation data and penalizes false trade secret claims
Last action · March 9, 2026: Read by title, under the rules, referred to the Committee on Insurance.Sponsor: Kyle Green
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What This Bill Proposed
Louisiana House Bill 736 establishes strict criteria for protection in insurance s, explicitly mandating that financial data, affiliate transactions, and employee compensation remain open to public inspection. Insurers seeking trade secret status must submit a sworn affidavit, separate confidential materials, and provide a public summary. The measure penalizes false claims with fines up to $25,000 and license revocation.
Residents and consumer advocates gain direct public access to financial models, assumptions, and affiliate transactions used by insurers to set rates, while insurers face mandatory independent audits of their confidentiality claims every two years.
Who It Would Have Affected
Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.
Insurers
Insurers must comply with strict documentation, affidavit, and separation rules to claim trade secrets, face independent audits of their filings, and are prohibited from shielding financial rate-setting data from public view.
Insurance policyholders and general public
Residents gain legal access to financial information, formulas, and affiliate transaction data used by insurers when setting insurance rates.
Department of Insurance
The department must review all trade secret claims, issue written denials when criteria are not met, contract an independent reviewer biennially, and enforce penalties for false claims.
Key Facts
You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.
Frequently Asked Questions
What happens if an insurance company files a false trade secret claim?
What else do you want to know?
News Coverage
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Votes, people, money & the original sourceWhere This Stands
This bill did not become law - Died at adjournment · in House committee.
Procedural history
4 actions- Mar 9, 2026HouseIntroducedRead by title, under the rules, referred to the Committee on Insurance.
- Feb 27, 2026HousePrefiled.
- Feb 27, 2026HouseCommitteeUnder the rules, provisionally referred to the Committee on Insurance.
- Feb 27, 2026HouseFirst appeared in the Interim Calendar on 2/27/2026.
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Mandatory Independent Audits for Trade Secrets
The bill shifts oversight by requiring a biennial independent third-party review of all trade secret claims submitted by insurers.
Connected Entities
Sources
www.legis.la.gov
Analysis Score
0–100- Significance20Lowered because this bill did not pass (its text scored 75)
- Controversy60Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz35Current news / social attention level
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