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Kansas bill would let Insurance Commissioner shrink appointed boards, set new terms and removal grounds

2398360 · February 26, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

House Bill 2,045 would allow the Kansas Insurance Commissioner to reduce the number of members on boards the Commissioner appoints, end current members' terms in late 2025, create new three-year terms beginning Jan. 1, 2026, and allow removal for inefficiency, neglect or malfeasance; committee hearing closed with no opponents.

House Bill 2,045 would authorize the Kansas Insurance Commissioner to reduce the number of members serving on boards for which the Commissioner has appointment authority and to replace those boards with newly appointed members who would serve three-year terms beginning Jan. 1, 2026.

The bill, described at a Feb. 26 hearing of the Kansas Senate Committee on Financial Institutions and Insurance, says current board members appointed and serving as of July 1, 2025, would have their terms end on December 30, 2025, and that newly…

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