Bill > SB22

This bill modifies regulations for title insurance agents in Kansas, making three primary changes: First, it requires title insurance agents to make their annual audit reports available for inspection by the commissioner of insurance upon request, rather than automatically submitting them annually. Second, it standardizes the surety bond requirement for title insurance agents at $100,000, eliminating previous variations based on county population. Third, the bill removes the controlled business exemption in certain counties, which means title insurance agents will face stricter rules about referrals and business relationships across all counties. The bill also includes technical amendments to existing insurance law, such as updating definitions and clarifying language around unfair practices in the insurance industry. The changes aim to increase transparency, standardize financial requirements, and reduce potential conflicts of interest in title insurance transactions. The bill will take effect upon publication in the Kansas register, with the original proposed January 1, 2026 effective date being removed.

Business and Industry

Financial Institutions and Insurance (S)

https://kslegislature.gov/li/b2025_26/measures/sb22/