INSURANCE RATES: Prohibits insurance rate determination based on risks classified by gender. (8/1/26)

SB 226 prohibits Louisiana insurance companies from setting rates based on gender, meaning they cannot charge different premiums for men or women for the same coverage. This directly affects insurance providers who must adjust their pricing models and policyholders who may see more equitable rates. The bill amends Louisiana law to explicitly remove gender as a permissible classification factor in rate determination, alongside existing prohibitions on race, color, creed, or national origin. The bill is currently prefiled and under review by the Insurance Committee as of February 2026.