Welcome to LATIFPA
Act 711 also establishes an Automobile Theft and Insurance Fraud Prevention Authority Fund within LATIFPA. This specially-created funding mechanism is used to collect and disburse funds through a grant process for the purpose of reducing motor vehicle theft and insurance fraud. LATIFPA may solicit and accept gifts, grants, donations, loans and other assistance from any person or entity, private or public. LATIFPA may establish programs in conjunction with other state agencies, local governing authorities and law enforcement agencies for motor vehicle theft and insurance fraud prevention, detection and enforcement. LATIFPA may make grants to other state agencies, local governing authorities and law enforcement agencies. LATIFPA may further engage in cooperative endeavors with any public or private association, corporation or individual with similar obligations and purposes.
LATIFPA is governed by an 11-member Board of Directors. The Board includes the Commissioner of Insurance or his designee, the State Treasurer or his designee, a representative of the Louisiana State Police Insurance Fraud Unit, the chairman of the Senate Committee on Insurance or his designee, the chairman of the House Committee on Insurance or his designee, two members appointed by the Attorney General, two members representing motor vehicle insurers doing business in this state, and two members representing purchasers of motor vehicle insurance.