Kansas has enacted Senate Bill 55 to amend K.S.A. 2025 Supp. 40-2404.

The bill adds a new section to establish new definitions and prohibit a person from soliciting or accepting an assignment, in whole or in part, of any post-loss insurance benefit under a residential property insurance policy. An assignment agreement, as newly defined, is considered against public policy and is null and void. A violation of the provision will be considered an unfair method of competition and an unfair or deceptive act or practice. Additionally, the bill establishes certain exceptions to this new provision.

Please see Senate Bill 55 for more information.