The bill amends existing Kansas statutes regarding the licensing requirements for insurance agents and public adjusters, specifically addressing the grounds for suspension, revocation, denial of licensure, and licensure renewal. Key changes include the commissioner’s authority to deny or revoke licenses based on a range of violations, such as providing false information, committing fraud, or failing to comply with child support or tax obligations. Notably, the bill reduces the response time for inquiries from the commissioner from 15 business days to 14 calendar days. Additionally, it clarifies that the license of a business entity may be affected by the actions of individual licensees, and it establishes a framework for assessing administrative penalties and costs associated with hearings.

The bill also introduces a more detailed consideration process for applicants with prior misdemeanor or felony convictions, requiring the commissioner to evaluate various factors, including the applicant's age at the time of the offense and evidence of rehabilitation. Furthermore, it specifies that individuals whose licenses have been denied or revoked must wait one or two years, respectively, before reapplying. The existing sections of K.S.A. 40-5510 and K.S.A. 2024 Supp. 40-4909 are repealed, and the act will take effect upon publication in the statute book.

Statutes affected:
As introduced: 40-5510, 40-4909
As Amended by House Committee: 40-5510, 40-4909