§770. "Loss payments" and "loss expense payments" defined
"Loss payments" and "loss expense payments" as used with reference to liability and
workers' compensation insurances shall include all payments to claimants, payments for
medical and surgical attendance, legal expenses, salaries and expenses of investigators,
adjusters and claims fieldmen, rents, stationery, telegraph and telephone charges, postage,
salaries and expenses of office employees, home office expenses, and all other payments
made on account of claims, whether such payments are allocated to specific claims or are
unallocated.
Acts 1958, No. 125. Acts 1983, 1st Ex.Sess., No. 1, §6; Redesignated from R.S.
22:903 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1.
NOTE: Former R.S. 22:770 redesignated as R.S. 22:733 by Acts 2008, No.
415, §1, eff. Jan. 1, 2009.