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Kansas Insurance Department will use Military Sales Online Reporting System
As one of the nationwide leaders in advocating financial protections for military personnel, Kansas Insurance Commissioner Sandy Praeger announced today the Kansas Insurance Department will participate in a national insurance sales reporting system. Developed through the National Association of Insurance Commissioners, the Military Sales Online Reporting System provides a single source for insurers and federal officials to report disciplinary actions taken against those who have violated laws concerning solicitation of life insurance sales on any U.S. military installation. (Read news release
)
Bulletin 2007-10: Withdrawl of Bulletin 2001-5
On April 19, 2002, this Department adopted K.A.R. 40-1-43, which incorporated the requirements that were set forth in Bulletin 2001-5. Accordingly, Bulletin 2001-5 is duplicative of K.A.R. 40-1-47 and is no longer needed. (Read Bulletin 2007-10
)
Bulletin 2007-9: Paperless Filing System / Closure of Our File Room
Beginning December 10, 2007, the Property and Casualty Division will move to a paperless filing system in which all filings will be stored in SERFF. This Bulletin does not amend or alter Bulletin 2007-6. (Read Bulletin 2007-9
)
Bulletin 2007-8: Administrator for the Kansas Uninsurable Health Insurance Plan
The Board of Directors of the Kansas Health Insurance Association is preparing to begin the selection process for a third party administrator to administer the KHIA program for a three-year period beginning January 1, 2009. (Read Bulletin 2007-8
)
Bulletin 2007-7: Long-Term Care Partnership Program
The Kansas Long-Term Care Partnership Program was approved to become effective April 1,
2007. Under the Partnership Program, persons who purchase a qualifying long-term care
insurance policy ("Partnership Policy") are subject to special rules relating to eligibility for
Medicaid in Kansas. (Read Bulletin 2007-7
)
Bulletin 2007-6: Mandatory SERFF Filings
Effective January 1, 2009, the Kansas Insurance Department will no longer accept paper filings. All filings submitted on or after January 1, 2009 must be filed via the System for Electronic Rate and Form Filing (“SERFF”) only. (Read Bulletin 2007-6
)
Bulletin 2007-5: Senate Bill 35
Senate Bill 35, Section 8, establishes a 6 mph buffer for convictions for violating a maximum posted speed limit of 30 mph through 54 mph. This means that a speeding violation up to 6 mph that occurs in these speed zones cannot be used by an insurance company to determine the rate charged or be used to cancel a policy in accordance with Kansas Statutes Annotated (“K.S.A.”) 40-277(4)(c)(7). Violations occurring prior to July 1, 2007 are not affected by this bill. The 10 mph buffer remains for speeding violations for convictions for violating the maximum posted speed limit of 55 mph through 70 mph. (Read Bulletin 2007-5
)
Bulletin 2006-6, Re: FEMA Flood Insurance Training
The purpose of this bulletin is to advise insurers
and Kansas resident insurance producers of training requirements
for selling flood insurance through the National Flood Insurance
Program ("NFIP") and to recommend to insurance producers
that they advise homeowners of the availability of flood insurance.
IF YOU DO NOT ISSUE FLOOD INSURANCE POLICIES AS AN INSURER
OR YOU DO NOT SELL FLOOD INSURANCE TO YOUR CLIENTS AS A PRODUCER,
THIS BULLETIN DOES NOT APPLY TO YOU. (Read
Bulletin 2006-6
)
Kansas Insurance Commissioner