Bill > SB23

This bill modifies Kansas insurance regulations by requiring insurers and insurance agents to respond to inquiries from the insurance commissioner within 14 calendar days and authorizing certain rebate pilot programs to potentially last longer than one year. Specifically, the bill adds a new provision that makes it an unfair practice for an insurer to fail to respond to a department inquiry within 14 calendar days, and it allows insurers or producers to extend pilot programs for value-added services beyond one year if they can demonstrate a need to further evaluate whether the service meets regulatory criteria. The bill also updates language around insurance licensing, allowing the commissioner more flexibility in considering an applicant's history when making licensing decisions. For rebate pilot programs, insurers must notify the commissioner before launching the program and can request an extension if they need more time to determine if the service meets regulatory standards. The changes aim to provide more clarity and flexibility in insurance regulation while maintaining consumer protections, giving the insurance commissioner additional tools to oversee insurance practices in the state.

Business and Industry

Financial Institutions and Insurance (Senate)

https://kslegislature.gov/li/b2025_26/measures/sb23/