AN ACT relating to insurance.

SB 254 amends Kentucky insurance law to replace gendered language ("his or her") with gender-neutral terms in a provision requiring insurance companies to submit reinsurance contracts to the commissioner. This change directly affects insurance companies and the state insurance commissioner when filing reinsurance documents. The key mechanism is simply updating the existing statute (KRS 304.5-150) to use inclusive language, without altering any substantive requirements or processes. The bill does not create new rules or impact policyholders, as it only updates the wording of an administrative filing requirement. It is a technical correction to modernize the language of the law.