KANSAS INSURANCE DEPARTMENT

 

Notice of Hearing on Proposed

Administrative Regulations

 

            A public hearing will be conducted at 9:00 a.m. on March 24, 2005 in the third floor conference room, Kansas Insurance Department, 420 S.W. 9th, Topeka, Kansas, to consider the adoption of proposed changes in existing rules and regulations.

 

            The 60-day notice of the public hearing shall constitute a public comment period for purpose of receiving written public comments on the proposed rules and regulations.  All interested parties may submit written comments prior to the hearing to Deletria Nash, Kansas Insurance Department, 420 S.W. 9th, Topeka, Kansas, 66612-1678.  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 regulation and its economic impact follows.

 

K.A.R. 40-3-53. Fire and casualty insurance; electronic verification of insurance.  This regulation require motor vehicle liability insurance companies authorized to do business in Kansas to provide verification of insurance electronically or on-line.  The regulation allows exemptions from this requirement if an insurer provided this information electronically or on-line prior to the amendment of Kansas Statutes Annotated (“K.S.A.”) 8-173 by L. 2004, ch. 128, sec. 3.  The regulation also allows exemptions to be granted upon request to companies if specified requirements as stated in the regulation are met.  In addition, this regulation sets out requirements as to how verification shall be provided and adopts two documents that are published by the Kansas Department of Revenue.  These documents give the requirements for companies to provide electronic or on-line verification. 

 

Initially, additional costs could also be incurred by insurance companies in having individuals on staff to provide these verifications, which could have an economic impact on insurers.  Therefore, these entities will not experience any economic impact.  There will be little or no economic impact upon governmental agencies or consumers.

 

Any individual with a disability may request accommodation in order to participate in the public hearing and may request the proposed regulations and economic impact statements in an accessible format.  Requests for accommodation to participate in the hearing should be made at least 5 working days in advance by contacting Deletria Nash at (785) 296-4140.  Any individual desiring a copy of this regulation may obtain a copy from our website, www.ksinsurance.org, under the Legal Issues header.  Copies may also be obtained by contacting Deletria Nash.  The charge for copies is fifty cents per page.