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HB 265

BillStateKYHouse
AN ACT relating to regulatory authorizations by the commissioner of insurance.
About This Bill
Latest Action · Apr 10, 2026
signed by Governor (Acts Ch. 84)
Session
2026RS
Introduced
Jan 8, 2026
Primary Sponsor
M. Meredith· primary

Summary

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Create a new section of KRS Chapter 299 to establish procedures and authorization by the commissioner of insurance for the voluntary dissolution of certain companies transacting the business of insurance upon the cooperative or assessment plan; amend KRS 304.50-010 to prohibit the commissioner from authorizing additional workers' compensation self-insured groups on and after the effective date of the Act; amend KRS 342.350 to conform.

Subjects

CooperativesInsuranceLicensingLocal MandateState AgenciesWorkers Compensation

Co-sponsors (2)

E. Hancock · primary
D. Grossberg · primary

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