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La. Rev. Stat. § 22:573

Limits of risks assumed

Louisiana · Louisiana Revised Statutes Title 22 — Insurance · Status: effective

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La. Rev. Stat. § 22:573, Limits of risks assumed, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2704120
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No property and casualty insurer doing business in this state shall expose itself to loss on any one risk in an amount which exceeds ten percent of the insurer's capital and surplus. A risk, or any portion thereof, which has been reinsured shall be deducted in determining the limitation of risk prescribed in this Section.