KANSAS
INSURANCE DEPARTMENT
K.A.R. 40-1-42. Electronic filing
and filing financial statements. (a) “Insurer,”
as used in this regulation, shall mean the following entities that are
operating under the designated articles of chapter 40 of the
(1) An insurance company operating
under article 3, 4, 5, 6, 8, 9, 10, 11, 12, 12a, 13, 15, or 35;
(2) a fraternal benefit
society operating under article 7;
(3) a reciprocal operating
under article 16;
(4) a nonprofit dental service
corporation operating under article 19a;
(5) a nonprofit medical and
hospital service corporation operating under article 19c; and
(6) a health maintenance
organization operating under article 32.
(b) Each insurer
that does business in this state and files a statement of its condition dated
December 31 of the preceding year on a form prescribed by the national
association of insurance commissioners shall, pursuant to K.S.A. 40-225 and
amendments thereto, submit the statement of its condition by electronically
readable means to the national association of insurance commissioners on
January 1 of each year or within 60 days thereafter. The statement of the insurer’s condition
shall be prepared in accordance with the instructions and the accounting
practices and procedures prescribed and adopted periodically by the national
association of insurance commissioners and any additions or amendments that the
commissioner of insurance requires.
(c) Each insurer
organized under the laws of this state and either licensed or operating in any
other state shall file quarterly statements of its condition on dated
the preceding March 31, June 30, and September 30 on a form prescribed by the
national association of insurance commissioners.
(1) Each
quarterly statement shall be prepared in accordance with the instructions and
the accounting practices and procedures prescribed and adopted periodically by
the national association of insurance commissioners and any additions or
amendments that the commissioner of insurance requires.
(2)
Each insurer shall submit the quarterly statement of its condition by
electronically readable means to the national association of insurance
commissioners within 45 days after the end of that reporting period. (Authorized by K.S.A. 40-103 and 40-225;
implementing K.S.A. 40-225; effective Jan. 24, 1997; amended May 25, 2001;
amended December 2, 2005.)