KANSAS
INSURANCE DEPARTMENT
Proposed Regulation K.A.R. 40-1-42
K.A.R. 40-1-42. Diskette Electronic filing and filing quarterly 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 insurance company, fraternal benefit
society, health maintenance organization, and nonprofit dental service
corporation insurer that does business in this state and files a
statement of its condition on dated the preceding December
31 of the preceding year on a form prescribed by the national
association of insurance commissioners shall, pursuant to the requirements
of 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.
(b) (c) Each insurance company, fraternal
benefit society, health maintenance organization, and nonprofit dental service
corporation 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 such insurance company, fraternal benefit society, health maintenance
organization, and nonprofit dental service corporation 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 the respective that reporting periods period. (Authorized by K.S.A. 1999 Supp. 40-225 and
K.S.A. 40-103 and 40-225; implementing K.S.A. 1999 Supp.
40-225; effective Jan. 24, 1997; amended May 25, 2001; amended
P-______________________.)