INSURANCE: Provides with respect to additional insured coverage

Removed specific references to 'water' and geological states (solid, liquid, gaseous) from the definition of covered operations, retaining only oil, gas, and mineral drilling.

Eliminated the requirement for a party seeking group coverage to request quotes for the entire group, allowing them to seek coverage for themselves only.

Deleted the annual notification requirement that insurers must send to additional insureds if no new request was made in the previous year.

Changed the liability allocation for deductibles so the named insured is responsible for amounts exceeding $100,000, whereas the previous text had a specific rule about funding all or part of deductibles up to the first $100,000.

Added a specific definition for 'operations' to include services related to mine shafts, drifts, and other structures used for mineral exploration or production.

Clarified that additional insured coverage is only enforceable if the party makes a separate written request for a premium quote and pays that premium directly to the insurer.

Established that the additional insured is responsible for deductibles up to $100,000, while the named insured must fund any amount exceeding that limit.

Declared any agreement requiring the named insured to pay deductibles up to the first $100,000 as null and void.

Set a requirement that the named insured must notify the additional insured in writing at least 30 days before the next annual premium is due or within 7 days of binding renewal coverage.

Added Representatives Bayham, Beaullieu, Billings, Boudreaux, Carlson, Egan, Jacob Landry, Marcelle, Melerine, and Wyble as co-sponsors.

Expanded the definition of 'operations' to include the transportation of oil, gas, or water.

Added a requirement that parties must make a separate written communication requesting an additional insured premium quote before coverage can be sought.

Updated the document header and coding notes to reflect the bill's status as 'Reengrossed' instead of 'Engrossed'.