KS HB2128

Commissioner of insurance authorized to select and announce by December 1 each year the version of NAIC insurance calculations, instructions, and documents (including risk-based capital instructions and group capital calculation instructions) that will be in effect for the upcoming calendar year, with publication in the Kansas register

Life and health insurers licensed under article 4 of chapter 40 that predominantly report health lines of business may now be classified as "health organizations" and follow health financial reporting requirements rather than life insurer requirements

Insurance holding company systems must file annual group capital calculations with the lead state commissioner, with exemptions for single-insurer systems writing only in their domestic state, those supervised by the Federal Reserve, and those with non-U.S. supervisors in reciprocal jurisdictions

Insurers meeting NAIC liquidity stress test framework scope criteria (reviewed annually by the Financial Stability Task Force) must file liquidity stress test results with the lead state commissioner

Group capital calculations, ratios, and liquidity stress test results are designated as confidential regulatory tools that cannot be publicly disclosed or used to rank insurers, with prohibitions on misleading public statements about these figures