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HB2087: Authorizing certain nonadmitted insurers to transact certain business in Kansas and requiring the commissioner of insurance to maintain a list of eligible nonadmitted insurers.

In CommitteeHouse
Introduced
In Committee
Passed Chamber
Passed Both
Signed

Plain-Language Summary

This bill allows certain non-admitted insurance companies to do business in Kansas and requires the state's insurance commissioner to keep a list of approved companies.

Who This Affects

Kansas residents who buy or sell insurance will be affected by this change. Specifically, those who purchase insurance from these non-admitted companies will benefit from increased competition.

Key Provisions

• Allows certain non-admitted insurers to operate in Kansas

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Timeline

Introduced

Wednesday, January 22, 2025

Last Action

Senate Motion to accede adopted; Senator Dietrich, Senator Fagg and Senator Francisco appointed as conferees

Mar 23, 2025

Sponsors

No sponsors listed.

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