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IIABL 2023 Legislative Wrap Up
Length: 1 Hour
Jeff Albright & Ben Albright will review the legislation that IIABL tracked during the 2023 Regular Legislative Session, how it impacts our insurance industry, and how it affects our agencies.
The 2023 legislative session was another busy one for the insurance industry, but there was a shift in tone from the last two years. The 2021 and 2022 sessions saw legislators reflect the anger of their constituents, and they brought an unprecedented number of bills targeted at punishing insurance companies for the poor claims response to the storms of 2020 and 2021. For this year’s session, the primary question was no longer “how can we punish the insurance companies?” Instead, policymakers were hearing from their constituents exactly how bad this market has become. They heard, “I can’t afford my insurance policies” and “I can’t find ANY insurer to write my policy”. This year, legislators were asking “what can we do to bring insurance companies BACK to the state?”
So, the big question is: now that it’s over, how did we do this session? Did we move the needle? Will companies want to come back to Louisiana? Overall, the 2023 session was a mixed bag.
Jeff Albright, IIABL CEO
Jeff Albright serves as the Chief Executive Officer of the Independent Insurance Agents & Brokers of
Jeff represents Independent Agents & Brokers in legislative and regulatory affairs, insurance industry relations, with the consumer public, and is responsible for overall management of IIABL.
Jeff has extensive experience as an Independent Agent since 1979. In addition, he has taught a wide variety of professional continuing education insurance courses for Independent Agents, and served as adjunct professor of insurance at
Ben Albright, Vice President
Ben Albright is the Vice President of Strategic Initiatives at the Independent Insurance Agents & Brokers of Louisiana
Ben leads various projects within IIABL to accomplish the organization’s strategic goals including agency technology innovation, agency market access programs, and developing training and benchmarks for successful agency management.
Ben spent the first seven years of his insurance career in the marketing department of an IIABL member agency. In addition, he has experience on the company side and at an information technology company.
