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Minutes for SB85 - Committee on Insurance
Short Title
Enacting the Kansas travel insurance act.
Minutes Content for Mon, Mar 13, 2023
Chairman opened the hearing on SB85.
Eileen Ma, Revisor provided a briefing on the bill. (Attachment 4)
Propenents:
Duke de Hass, Vice President, Deputy General Counsel for Allianz Partners, US on behalf of the United States Travel Insurance Association (UStiA) (Attachment 5)
The bill creates a framework specifically for the regulation of travel insurance. The bill builds on the licensing framework by codifying requirements for the sale of travel insurance, consistent with established industry practice and nearly identical model acts adopted by the National Council of Insurance Legislators (NCOIL) and the National Association of Insurance Commissioners (NAIC).
Opponents: None
Neutral: None
Questions asked and answered.
The Chairman closed the hearing on SB85.