WORKERS' COMPENSATION: Provides for Occupational Accident Insurance for independent contractors. (gov sig)

SB 358 creates a new insurance requirement for independent contractors in Louisiana, specifically providing occupational accident coverage to protect them if injured on the job. It defines "independent contractor" (excluding most manual labor) and mandates that contractors obtain private insurance meeting minimum standards: $1 million in medical benefits per injury, temporary disability payments, and death/disfigurement coverage. Principals (businesses hiring contractors) avoid liability as "statutory employers" if contractors maintain this coverage, have a written agreement, and retain control over work methods. The law directly affects independent contractors in construction, commercial driving, and equipment operation who currently lack workers' compensation protections.