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Assist Consumers: The Kansas Insurance Department helps consumers when they have disputes with insurance companies. Such assistance has resulted in millions of dollars in refunds and claims payments for consumers; and; License Agents; Approximately 22,000 resident agents and 68,000 nonresident agents are licensed in Kansas to sell insurance ...
Schmidt was elected Kansas Insurance Commissioner in 2018, and reelected in 2022, where she received the highest percentage of the vote of any statewide candidate. [4] In October 2023, Schmidt announced a reduction of producer licensing fees for 2024. It is estimated that these reductions will be reduced by a total of $1.2 million. [5] [6]
Office of the Kansas Securities Commissioner is a division of the Kansas Insurance Department.The mission of the Office of the Kansas Securities Commissioner (KSC) is to protect and inform Kansas investors, to promote integrity and full disclosure by issuers and securities professionals, to investigate and prosecute fraud and to foster capital formation.
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The 2022 Kansas Secretary of State election was held on November 8, 2022, to elect the Insurance Commissioner of Kansas. Incumbent Republican Vicki Schmidt won re-election to a second term, defeating Democratic candidate Kiel Corkran. [1] [2] Schmidt outperformed every other Republican on the same ticket.
Kansas. 10 days. Kentucky. 15 days. Free look period is only granted if the insurer fails to provide an annuity buyer’s guide and disclosure document at or before the application is submitted ...
The office of the insurance commissioner may be part of a larger regulatory agency, or an autonomous department. Insurance law and regulation is established individually by each state. In order to better coordinate insurance regulation among the states and territories, insurance commissioners are members of the National Association of Insurance ...
The NAIC is not a regulator; while its members are the insurance commissioners (i.e., the chief insurance regulators) of each U.S. state and six territories, [1] the NAIC is a non-governmental organization that concerns itself with insurance regulatory matters but does not actually regulate. The states have not delegated their regulatory ...