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AN ACT relating to insurance financial standards.

It became law on Apr 9, 2024.

KY HB 498 · House Bill · 2024RS

Stage
Became law
Started in
House
Sponsor
Sarge Pollock
Latest action
Apr 9, 2024

What it does

Amend KRS 304.6-134 to modify exemptions from KRS 304.6-143 and 304.6-151; amend KRS 304.37-020 to allow the commissioner of insurance to establish a timeframe for insurers to report material changes or additions to registrations; amend KRS 304.5-140 to limit the definition of reciprocal jurisdiction in certain provisions; except certain provisions to the extent that the provisions conflict with a covered agreement.

Read the full text

Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Apr 9, 2024

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

It is law in Kentucky. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

AN ACT relating to insurance financial standards. | 52