H.B. 23 Summary

• Changes the insurance commissioner position from appointed to elected, with the first election occurring in 2026.

• Insurance commissioner term of office is four years, beginning on the day of the general election at which they are elected and ending on the day of the second general election after their election.

• Establishes procedures for filling vacancies in the insurance commissioner position based on timing relative to election deadlines, with the governor making temporary or permanent appointments from lists submitted by the prior incumbent's political party.

• Requires appointees to the insurance commissioner position to be state residents at the time of appointment and, if appointed from a political party list, to have been party members for at least six months prior to appointment.

• Insurance commissioner may be reelected without restriction as to the number of terms.