HB2128: Authorizing the commissioner of insurance to select and announce the version of certain instructions, calculations and documents in effect for the upcoming calendar year and cause such announcement to be published in the Kansas register, allowing certain life insurers to follow health financial reports and adopting certain provisions from the national association of insurance commissioners holding company system regulatory act relating to group capital calculations and liquidity stress testing.
Plain-Language Summary
This bill allows the Kansas insurance commissioner to choose which version of certain instructions and documents will be used for the upcoming year. It also lets some life insurers follow health financial reports and adopts new rules for calculating group capital and stress testing.
Who This Affects
This affects life insurance companies operating in Kansas, as well as their customers who rely on these policies for financial security.
Key Provisions
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Timeline
Introduced
Monday, January 27, 2025
Last Action
House Representative Estes, Representative McNorton, and Representative Stogsdill are appointed to replace Representative Sutton, Representative Bergkamp, and Representative Neighbor on the Conference Committee
Mar 22, 2026
Sponsors
No sponsors listed.
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