Bill > SB20

This bill reduces the number of board members appointed by the insurance commissioner on several insurance-related boards and modifies the frequency of meetings for the committee on surety bonds and insurance. Specifically, for multiple insurance-related boards (including those for automobile and motor vehicle liability insurance, workers compensation insurance, professional liability insurance, and the assigned claims plan), the bill changes the board composition from nine members to five members prior to January 1, 2026. The new board structures will typically include representatives from insurers, independent insurance agents, and the general public. Board members will serve three-year terms and can be removed by the commissioner for inefficiency, neglect of duty, or malfeasance. Additionally, the bill eliminates the requirement for the committee on surety bonds and insurance to meet at least once per month, giving the committee more flexibility in scheduling meetings. These changes aim to streamline board operations and potentially reduce administrative overhead in various insurance-related governing bodies. 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/sb20/