PRIA Logo™
KentuckyHB 2652026 Regular SessionHouse

AN ACT relating to regulatory authorizations by the commissioner of insurance.

Sponsored By: Michael Meredith (Republican)

Signed by Governor

Local MandateCooperativesInsuranceLicensingState AgenciesWorkers Compensation

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Free to download

Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 1 costs, 1 mixed.

No new workers' comp self-insured groups

Beginning July 15, 2027, the insurance commissioner stops approving any new workers' compensation self-insured groups. Groups approved before July 15, 2027 can keep operating under current law. The commissioner must write rules, keep records, and take actions to oversee these groups. The Governor can assign this oversight to another board or agency.

Voluntary closing process for solvent insurers

Solvent insurance companies that are not in a delinquency proceeding can now choose to close under a written plan. The plan must move or end all policies, pay or provide for all debts, name trustees, and be approved by the board. At least two-thirds of policyholders or members voting at a special meeting must approve, and the insurance commissioner must approve the plan. Trustees then carry it out and, under oath, file articles of dissolution after liabilities are handled and assets distributed. After the approved articles are filed with the Secretary of State and the local clerk, the company's charter ends.

Sponsors & Cosponsors

Sponsor

  • Michael Meredith

    Republican • House

Cosponsors

  • Daniel Grossberg

    Democrat • House

  • Erika Hancock

    Democrat • House

Roll Call Votes

All Roll Calls

Yes: 226 • No: 0

House vote • 3/31/2026

passed

Yes: 94 • No: 0

Senate vote • 3/20/2026

3rd reading, passed

Yes: 37 • No: 0

House vote • 1/20/2026

3rd reading, passed

Yes: 95 • No: 0

Actions Timeline

  1. signed by Governor (Acts Ch. 84)

    4/10/2026

  2. delivered to Governor

    3/31/2026

  3. enrolled, signed by President of the Senate

    3/31/2026House

  4. enrolled, signed by Speaker of the House

    3/31/2026House

  5. passed 94-0

    3/31/2026House

  6. House concurred in Committee Substitute (1)

    3/31/2026House

  7. posted for passage for concurrence in Senate Committee Substitute (1)

    3/27/2026Senate

  8. to Rules (H)

    3/20/2026House

  9. received in House

    3/20/2026House

  10. 3rd reading, passed 37-0 with Committee Substitute (1)

    3/20/2026Senate

  11. passed over and retained in the Consent Orders of the Day

    3/19/2026Senate

  12. posted for passage in the Consent Orders of the Day for Thursday, March 19 2026

    3/18/2026Senate

  13. 2nd reading, to Rules as a consent bill

    3/18/2026Senate

  14. reported favorably, 1st reading, to Consent Calendar with Committee Substitute (1)

    3/17/2026Senate

  15. to Banking & Insurance (S)

    3/13/2026Senate

  16. to Committee on Committees (S)

    1/21/2026Senate

  17. received in Senate

    1/21/2026Senate

  18. 3rd reading, passed 95-0

    1/20/2026House

  19. posted for passage in the Regular Orders of the Day for Tuesday, January 20, 2026

    1/16/2026House

  20. 2nd reading, to Rules

    1/15/2026House

  21. reported favorably, 1st reading, to Calendar

    1/14/2026House

  22. to Banking & Insurance (H)

    1/12/2026House

  23. to Committee on Committees (H)

    1/8/2026House

  24. introduced in House

    1/8/2026House

Bill Text

  • Current

    3/31/2026

    PDF

  • Introduced

    1/20/2026

    PDF

Related Bills

Back to State Legislation