KANSAS
INSURANCE DEPARTMENT
Notice of Hearing on
Proposed
Administrative
Regulations
A public
hearing will be conducted at 9:30 a.m.,
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
A summary of the regulation and its
economic impact follows.
K.A.R. 40-3-55. Fire and casualty insurance; certain premium
surcharges prohibited. The purpose of the proposed regulation
is to prohibit insurance companies from surcharging a premium or placing a
consumer in a higher rated tier if the consumer submits a motor vehicle claim
for less than $1,000 damage. This
regulation also prohibits the use by insurance companies of any claim filed
more than three years after the date of the claim.
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 motor vehicle claims resulting in less
than $1,000 damage and claims that are more than three years old will no longer
be a factor used when determining premiums.
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 Deletria Nash at (785)
296-4140 or via email at dnash@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 Deletria Nash by phone at (785)296-4140 or via email at dnash@ksinsurance.org. The charge for copies is fifty cents per
page.