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Minutes for HB2098 - Committee on Insurance

Short Title

Adding certain legal entities to the definition of "person" thereby making such entities subject to penalties for violations of insurance law.

Minutes Content for Wed, Feb 1, 2023

The Chairman opened the hearing on HB2098.

Eileen Ma, Revisor provided a briefing of the bill.(Attachment 3)

Proponents:

Eric Turek, Kansas Insurance Department provided testimony for the bill.(Attachment 4)

The bill amends language in K.S.A. 40-2, 125, which concerns certain penalties for violations of insurance law.  Language would be added to allow the Kansas Insurance Department to have jurisdiction over those entities that are not specifically listed in the statute but do fall within their jurisdiction.   

Opponents: None

Neutral: None

Questions asked and answered.

The Chairman closed the hearing on HB2098.