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 a provision that allows the commissioner to impose civil penalties for failure to file required reports or respond to inquiries, with penalties escalating for continued non-compliance.

Furthermore, the bill outlines the procedures for the commissioner to issue emergency cease and desist orders in situations posing immediate danger to public health or safety. It also establishes that the commissioner must devise universal forms for insurance claims and ensures that insurers cannot refuse claims submitted on these forms. The bill repeals certain outdated reporting requirements and specifies that it will take effect upon publication in the Kansas register.

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
As Amended by House Committee: 40-108, 40-2, 40-4902, 40-2253