The bill amends Kansas insurance law to streamline the governance of insurance-related boards and committees by reducing the number of board members appointed by the commissioner from nine to five, effective January 1, 2026. The new board composition will consist of three representatives from insurers, one from independent insurance agents, and one from the general public. Additionally, the bill modifies the frequency of meetings for the committee on surety bonds and insurance, although specific details are not provided. It also updates language to clarify the responsibilities of insurers and rating organizations in preparing equitable apportionment plans, emphasizing the need for reasonable rules governing risk distribution and the establishment of a governing board for oversight.

Moreover, the bill introduces provisions for professional liability insurance policies for certain healthcare providers and allows state agencies and educational institutions to purchase various types of insurance independently of the committee on surety bonds and insurance. It repeals outdated statutes and clarifies the authority of the state board of regents regarding health care benefits and cybersecurity insurance. Overall, the amendments aim to enhance the efficiency and effectiveness of insurance operations in Kansas while ensuring adequate support for applicants unable to procure coverage through ordinary methods.

Statutes affected:
As introduced: 40-2102, 40-2109, 40-3116, 40-3413, 75-4101