Requiring agents and insurers to respond to inquiries from the commissioner of insurance within 14 calendar days and authorizing certain rebate pilot programs to exceed one year in duration.

Summary

The bill revises how foreign insurers and nonresident agents are authorized to do business in Kansas, gives the insurance commissioner new powers to suspend or revoke licenses quickly, and requires agents and public adjusters to answer commissioner inquiries within 14 calendar days. It also sets fees, penalties and hearing procedures for license violations and permits certain rebate pilot programs to extend beyond one year. The changes aim to improve consumer protection and regulatory oversight.

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