Kansas SB121 authorizes the commissioner of insurance to select and announce certain insurance calculations and documents for the upcoming year.
Kansas SB121 authorizes the commissioner of insurance to select and announce the version of certain insurance calculations, instructions, and documents in effect for the upcoming calendar year. The commissioner must cause such announcement to be published in the Kansas register. The bill allows certain life insurers to follow health financial reports and adopts provisions from the National Association of Insurance Commissioners (NAIC) holding company system regulatory act. These provisions relate to group capital calculations and liquidity stress testing.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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