AN ACT relating to insurance adjusters.

HB 232 AN ACT relating to insurance adjusters

Kentucky 2023 Regular Session

AN ACT relating to insurance adjusters.
HB-232

About HB-232

Amend KRS 304.9-430 and 304.9-433 to increase the minimum financial responsibility requirements for independent, staff, and public adjuster licenses; amend the definition of "home state"; establish requirements for public adjuster contracts with insureds; make technical corrections; create new sections of Subtitle 9 of KRS Chapter 304 to establish requirements for public adjusters relating to notice rights, inspection and investigation of claims, and conflicts of interest; establish requirements relating to funds received, accepted, or held by public adjusters; establish fee requirements for public adjusters; amend KRS 304.9-440 to establish additional penalties for public adjusters and public adjuster apprentices; provide that the commissioner may promulgate administrative regulations necessary for or as an aid to the effectuation of any provision of the Act.

  

Bill Texts

Chaptered
Enrolled
Engrossed
Introduced

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Sponsors (3)

Rep. Danny Bentley


Co-Sponsor

Rep. Michael Meredith


Co-Sponsor

Rep. Robert Duvall


Primary Sponsor

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Votes

House: Third Reading RCS# 269

03/15/2023

Yeas: 95 | Nays: 2
Support by Party

   

Senate: Third Reading W/scs1 sfa3 RSN# 2613

03/14/2023

Yeas: 35 | Nays: 0
Support by Party

   

House: Third Reading RCS# 94

02/28/2023

Yeas: 95 | Nays: 2
Support by Party

   

Sponsors by party

  

Bill Sponsors

History

Signed By Governor (acts Ch. 11)

03/17/2023

Signed By Governor

03/17/2023

Delivered To Governor

03/16/2023

Enrolled, Signed By President Of The Senate

03/16/2023

Enrolled, Signed By Speaker Of The House

03/16/2023

Passed 95-2

03/15/2023

House Concurred In Senate Committee Substitute (1) And Floor Amendment (3)

03/15/2023

Posted For Passage For Concurrence In Senate Committee Substitute (1) And Floor Amendment (3)

03/15/2023

To Rules (h)

03/15/2023

Received In House

03/15/2023

Passed 35-0-1 With Committee Substitute (1) And Floor Amendment (3)

03/14/2023

Floor Amendments (1) And (2) Withdrawn

03/14/2023

3rd Reading

03/14/2023

Floor Amendment (3) Filed To Committee Substitute

03/13/2023

Passed Over And Retained In The Orders Of The Day

03/13/2023

Passed Over And Retained In The Orders Of The Day

03/10/2023

Posted For Passage In The Regular Orders Of The Day For Friday, March 10, 2023

03/08/2023

Floor Amendment (1) Filed To Committee Substitute , Floor Amendment (2) Filed To Bill

03/08/2023

2nd Reading, To Rules

03/08/2023

Reported Favorably, 1st Reading, To Calendar With Committee Substitute (1)

03/07/2023

To Banking & Insurance (s)

03/03/2023

To Committee On Committees (s)

03/01/2023

Received In Senate

03/01/2023

3rd Reading, Passed 95-2 With Committee Substitute (1)

02/28/2023

Posted For Passage In The Regular Orders Of The Day For Tuesday, February 28, 2023

02/24/2023

2nd Reading, To Rules

02/23/2023

Reported Favorably, 1st Reading, To Calendar With Committee Substitute (1)

02/22/2023

To Banking & Insurance (h)

02/14/2023

Introduced In House

02/09/2023

To Committee On Committees (h)

02/09/2023

Subject(s)

Insurance Licensing State Agencies Technical Corrections Administrative Regulations And Proceedings Contracts