Reorganizing certain provisions that apply to foreign insurance companies seeking authorization to do business in Kansas, authorizing the suspension or revocation of a nonresident agent's license without notice and opportunity for a hearing following notification to the commissioner of insurance that such nonresident agent no longer holds a home state license and requiring agents and public adjusters to respond to inquiries from the commissioner.
Stricken from Calendar by Rule 1507
Summary
The measure reorganizes the rules that foreign insurance companies must meet to get a Kansas certificate of authority and gives the insurance commissioner power to revoke a nonresident agent’s license without prior hearing once the commissioner learns the agent no longer holds a home‑state license. It also requires agents and public adjusters to respond to commissioner requests within 14 calendar days. The changes apply to insurers, nonresident agents, surplus‑lines agents, limited‑line agents and public adjusters operating in Kansas.
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