END LOUISIANA’S INSURANCE MANDATE: CLEAR MARKETS BY UPHOLDING THE U.S. CONSTITUTION

Abstract

This paper attempts to rehash an age-old debate on compulsory auto insurance in the United States, with a focus on the state of Louisiana, given its crisis of high premiums. In the process, it touches on matters of Law and Economics in light of contemporary issues affecting the marketplace for insurance, such as climate change, improving vehicle safety features, and discrimination. Ultimately, this paper puts forth an alternative path of the law regarding compulsory insurance and offers a novel understanding of key clauses in the U.S. Constitution.