Bill > SB27

This bill makes two primary changes to Kansas insurance law. First, it removes the requirement that the commissioner of insurance submit an annual report directly to the governor, instead mandating that the report be published on the department's website. Second, the bill narrows the definition of "person" for insurance law enforcement purposes by removing several specific entities from the definition, such as rating organizations, third-party administrators, health maintenance organizations, and other insurance-related entities. The bill maintains the commissioner's obligation to keep a permanent record of proceedings and examinations of insurance companies, and it preserves the commissioner's existing powers to impose penalties for violations of insurance statutes, including monetary fines, license suspensions, and cease and desist orders. The changes aim to streamline reporting requirements and potentially simplify the regulatory framework for insurance oversight in Kansas. The bill will take effect upon publication in the Kansas register.

Business and Industry

Financial Institutions and Insurance (S)

https://kslegislature.gov/li/b2025_26/measures/sb27/