KANSAS INSURANCE DEPARTMENT

 

Notice of Hearing on Proposed

Administrative Regulation

 

            A public hearing will be conducted at 1:30 p.m., January 12, 2009, in the third floor conference room, Kansas Insurance Department, 420 S.W. 9th, Topeka, Kansas, to consider the adoption of a proposed rule and regulation.

 

            The 60-day notice of the public hearing shall constitute a public comment period for purpose of receiving written public comments on the proposed rule and regulation.  All interested parties may submit written comments prior to the hearing to John Wine, Kansas Insurance Department, 420 S.W. 9th, Topeka, Kansas, 66612-1678, via facsimile at 785-291-3673, or via email at jwine@ksinsurance.org.  All interested parties will be given a reasonable opportunity to present their views orally on the adoption of the proposed regulation during the hearing.

 

            A summary of the proposed regulation and its economic impact follows.

 

K.A.R. 40-3-30.  Fire and casualty insurance; assigned risk plans; forms and procedures.  This is an amendment to an existing regulation that requires insurers to inform their agents of the assigned risk plans available to Kansas policyholders.

 

There will be minimal economic impact on insurance companies, the Kansas Insurance Department, and other governmental agencies.   There may be a positive impact on consumers because they should be notified of these assigned risk plans earlier in the insurance purchasing process. 

 

There should not be an impact on small businesses.  As stated above, if a small business has to purchase its insurance from an assigned risk plan, the business should find out about their availability sooner. 

 

 

 

 

Any individual with a disability may request accommodation in order to participate in the public hearing and may request the proposed regulation and the economic impact statement in an accessible format.  Requests for accommodation to participate in the hearing should be made at least 5 working days in advance by contacting John Wine at (785) 296-7847 or via email at jwine@ksinsurance.org.  Any individual desiring a copy of this regulation and/or the policy and procedure that is being adopted by reference, if applicable, may obtain a copy from our website, www.ksinsurance.org, under the Legal Issues link or by contacting John Wine by phone at (785)296-7847 or via email at jwine@ksinsurance.org.  The charge for copies is fifty cents per page.