KS HB2480

Legislative Description

Senate Substitute for HB 2480 by Committee on Financial Institutions and Insurance - Establishing a process for a reciprocal to convert to a mutual insurance company, providing for flexibility when certain penalties are assessed from excess lines, updating the version of risk-based capital instructions in effect, updating the definition of long-term care in the long-term care act, updating the securities commissioner appointment and removal process and updating suspension, denial and revocation of licensure and certain other licensure requirements of insurance agents and public adjusters.

Last Action

Committee Referrals