Louisiana Insurance Commissioner James Donelon has issued a new advisory letter about new guidelines pertaining to subrogation waivers.The Feb. 4 letter, entitled "Waiver of Subrogation Charges," states that the Louisiana Department of Insurance has adopted guidelines about charges that can be imposed in conjunction with the waiver of subrogation provisions found in some workers' compensation insurance policies. The guidelines state:
"The charge for a blanket waiver of subrogation shall be 2% of the total standard premium assessed.
The charge for a specific waiv...
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