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Bill would remove certain entities from insurance 'person' definition and consolidate reporting; Department cites cleanup and deregulatory changes

Financial Institutions and Insurance Committee · February 25, 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

The committee considered House Bill 2,048 on Feb. 25, a statutory clean‑up that would remove several named entities from the insurance code’s definition of “person” and reduce duplicative reporting requirements for the Commissioner of Insurance.

The Financial Institutions and Insurance Committee on Feb. 25 heard House Bill 2,048, a housekeeping bill that would remove certain specific entities from the insurance code’s definition of “person” and eliminate the requirement that the Commissioner submit two separate printed reports to the governor.

Eric Turek of the Kansas Department of Insurance told the committee the statute has been revised…

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