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 amendments include the addition of specific criteria under which the commissioner may deny or revoke licenses, such as providing misleading information, committing fraud, or failing to comply with child support obligations. Notably, the bill modifies the timeframe for responding to inquiries from the commissioner from "14 calendar days" to "15 business days." It also introduces a provision that allows the commissioner to impose administrative penalties for violations, with specified maximum amounts based on the nature of the infraction.

Additionally, the bill outlines the factors the commissioner must consider when evaluating applicants with prior misdemeanor or felony convictions, including the applicant's age at the time of the offense and evidence of rehabilitation. It establishes that any disciplinary actions taken must follow due process, including notice and an opportunity for a hearing. The bill also repeals the existing sections of K.S.A. 40-5510 and K.S.A. 2024 Supp. 40-4909, effectively replacing them with the newly amended provisions. The act will take effect upon publication in the Kansas register.

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