Kentucky legislation · 2026 Regular Session
Kentucky HB527: AN ACT relating to insurance regulatory requirements and declaring an emergency.
Status: Signed into law, April 7, 2026
Amend KRS 304.1-050 and 304.1-110 to make technical amendments; amend KRS 304.2-160 to define "licensee"; amend KRS 304.2-220 to modify persons who are subject to examination by the insurance commissioner; amend KRS 304.4-040 to apply license revocation for failure to pay tax or fee to licensees; amend KRS 304.5-080 to define "inland marine insurance" and repeal the definition of "marine and transportation insurance"; amend KRS 304.9-035 to provide for an insurer's liability for acts of its adjusters; amend KRS 304.9-051 to provide that certain individuals working for an administrator are not acting as an administrator; amend KRS 304.9-105 to modify financial responsibility requirement for an agent license; amend KRS 304.9-133 to establish individual designation requirements for licensed business entities; amend KRS 304.9-085 to conform; amend KRS 304.9-135 to modify the definition of "insurance agency activities"; amend KRS 304.9-140 to establish nonresident license requirements for nonresidents with a limited line of authority that is not offered in this state; repeal the requirement to surrender a license upon termination; amend KRS 304.9-170 to modify prelicensing education and examination exemption for applicants licensed within previous 12 months; amend KRS 304.9-200 to repeal refund of appointment fee upon license refusal; amend KRS 304.9-230 to repeal the surety limited line of authority and establish preneed funeral limited line of authority; amend KRS 304.9-260 to repeal the requirement to send license renewal list to an insurer or employer; require proof of compliance with continuing education requirements for nonresident independent or public adjusters; repeal the requirement to surrender license upon termination; amend KRS 304.9-270 to repeal approval requirement for specialty credit producers and managing employees; amend KRS 304.9-295 to require nonresident independent and public adjusters that designated Kentucky as their home state to satisfy conti
What the bill says
An act relating to insurance regulatory requirements.
From the committee substitute text:
AN ACT relating to insurance regulatory requirements. Be it enacted by the General Assembly of the Commonwealth of Kentucky: Section 1. KRS 304.1-050 is amended to read as follows: As used in this chapter, unless the context requires otherwise: (1) "Commissioner" means the commissioner of the Department of Insurance of this state; and[.] (2) "Department" means the Department of Insurance of this state[, unless context otherwise requires]. Section 2. KRS 304.1-110 is amended to read as follows: As used in this chapter, unless the context requires otherwise: (1) [A ]"Certificate of authority" means a certificate[is one] issued by the commissioner evidencing the authority of an insurer to transact insurance in this state; and[.] (2) [A ]"License" means a license or other authorization[is authority] granted by the commissioner pursuant to this chapter that authorizes[code authorizing] the licensee to engage in a business or operation of insurance in this state other than as an insurer[, and the certificate by which such authority is evidenced]. Section 3. KRS 304.2-160 is amended to read as follows: (1) As used in this section, "licensee" means an individual or entity that holds a license issued by the commissioner or department. (2) Each written and signed complaint received by the department[ of Insurance] shall be recorded by the department, including the subsequent disposition thereof, and maintained for …
Sponsors
- Michael Pollock (R, HD-051) · primary sponsor
- George Brown (D, HD-077)
Latest actions
- : signed by Governor (Acts Ch. 45)
- : delivered to Governor
- : enrolled, signed by President of the Senate
- : enrolled, signed by Speaker of the House
- : received in House
- : 3rd reading, passed 38-0
- : passed over and retained in the Consent Orders of the Day
- : posted for passage in the Consent Orders of the Day for Tuesday, March 24 2026
- : 2nd reading, to Rules as a consent bill
- : reported favorably, 1st reading, to Consent Calendar
Votes
- Senate: Floor Vote RSN# 4009 (March 25, 2026): 38 yea, 0 nay, passed
- House: Pass RCS# 122 (February 20, 2026): 92 yea, 0 nay, passed
Subjects: State Agencies, Insurance, Health, State Employee Health Plan Mandate, Licensing, Health And Medical Services, Local Mandate, Technical Corrections, Actuarial Analysis
Common questions
- What is HB527?
- HB527 is a bill in the Kentucky Legislature (2026 Regular Session): AN ACT relating to insurance regulatory requirements and declaring an emergency.
- What does HB527 do?
- In its own words: An act relating to insurance regulatory requirements.
- What is the status of HB527?
- Signed into law as of April 7, 2026. Latest action: signed by Governor (Acts Ch. 45) (April 7, 2026).
- Who sponsored HB527?
- Michael Pollock (R, HD-051), with 1 co-sponsor.
- Where is the official record for HB527?
- On the Kentucky Legislature website: https://apps.legislature.ky.gov/record/26rs/hb527.html
Source: official Kentucky record. Tracked by Delilah, AI for legislation across all 50 states and Congress.