The bill amends several sections of the Kansas insurance statutes, primarily focusing on the responsibilities of the commissioner of insurance. Notably, it removes the requirement for the commissioner to report to the governor and instead mandates that the commissioner publish an annual report on the department's website regarding the conduct and condition of insurance companies, including fraternal benefit societies. Additionally, the bill introduces provisions for the commissioner to impose civil penalties for violations of insurance statutes, with specific monetary penalties outlined for different levels of violations.

Furthermore, the bill establishes a process for the commissioner to issue emergency cease and desist orders in situations posing immediate danger to public health or safety. It clarifies the definition of "person" in the context of insurance regulations and mandates the creation of universal claim forms for accident and sickness policies. The bill also repeals certain outdated reporting requirements and provisions, streamlining the regulatory framework for insurance practices in Kansas.

Statutes affected:
As introduced: 40-108, 40-2, 40-4902, 40-2253
As Amended by Senate Committee: 40-108, 40-2, 40-4902, 40-2253