Kansas Insurance Department, Commissioner Sandy Praeger

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Insurance Department will allow companies to extend current policies under new HHS rules

Sandy Praeger, Kansas Commissioner of Insurance, announced today that the Kansas Insurance Department will allow companies selling health insurance in the state to continue to renew policies that don’t meet the requirements of the Affordable Care Act (ACA) that went into effect on January 1, 2014.

Under this transitional policy, companies will be allowed to renew certain “non-grandfathered” plans for policy years beginning on or before October 1, 2016. Non-grandfathered plans are those issued after March 23, 2010, but prior to January 1, 2014. (Read HHS rules news release )

Commissioner's Corner for March 2014:
Keep your insurance on course before and after a car accident

According to the National Highway Traffic Safety Administration, more than 5 million motor vehicle wrecks occur every year. If you were in an accident, would you know what information you need for an insurance claim? The Kansas Insurance Department and the National Association of Insurance Commissioners (NAIC) offer several easy-to-follow tips to get the necessary information following a crash. (Read Commissioner's Corner )

Insurance Commissioner Sandy Praeger warns consumers about proposed legislation

Kansas Insurance Commissioner Sandy Praeger today warned Kansas seniors that legislation being considered by state lawmakers would place federal funding for all health care services and health plans under the control of the state legislature and governor. The House Federal and State Affairs Committee has approved House Bill 2553, and it is currently before the full House of Representatives. (Read HB2553 news release )

Consumer Alert: Online scams pevalent during holiday season

A Kansas Insurance Department employee recently received a credit card statement online that showed a balance due. Nothing new, you say—except that the employee has never had that credit card. The holiday season is a time that everyone should be aware of cyber scams, said Sandy Praeger, Kansas Commissioner of Insurance. (Read Scam consumer alert )

State receiving insurance settlement funds

Sandy Praeger, Kansas Commissioner of Insurance, has announced today the Kansas Insurance Department (KID) will receive $510,146 in settlement funds from seven different insurance companies following a review of the companies’ death benefit practices. The department has or will receive the following amounts from these insurance companies: ING, $114,726; New York Life, $110,255; Lincoln National, $78,182; TransAmerica, $67,668; TIAA-CREF, $67,620; Aviva and Global Atlantic, $48,057; and Midland, $23,638. The funds are the Kansas portion of the national settlements for each company. (Read Settlement news release )

Insurance Quarterly - Fall 2013

Property & casualty summit gives insurers, department chance to connect

The Kansas Insurance Department hosted property & casualty insurance company representatives at a summit on Thursday, December 5, at the Capitol Plaza Hotel in Topeka. The purpose of the summit was to give companies the opportunity to speak with the department about questions and concerns regarding rate filings and department operations and procedures.

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