Kansas Administrative Regulations, Agency 40 (Kansas Department of Insurance), selected

What this document is

Kansas Administrative Regulations, Agency 40 (Kansas Department of Insurance), selected: K.A.R. 40-1-34, 40-3-6, 40-3-15, 40-3-22, 40-3-40, 40-7-9, 40-7-11, 40-7-20a, 40-7-22, 40-7-25, 40-7-26, 40-7-27, 40-8-2, 40-8-7, 40-8-8, 40-8-10, 40-8-11 is a regulation published by Kansas Secretary of State (rules.ks.gov), Kansas Administrative Regulations. It is one of the Kansas documents that insurance license exam questions are written from, including kansas property & casualty, kansas personal lines practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• K.A.R. 40-1-34(i) (Notice that a time limit may be expiring)

  “Such notice shall be given to first party claimants thirty days and to third party claimants sixty days before the date on which such time limit may expire.”

• K.A.R. 40-8-2(a) (Excess lines; artificial divisions of coverage)

  “(a) When the coverage sought would be acceptable as a single contract to admitted insurers, artificial divisions of coverage into two or more proposed contracts shall be prohibited for the purpose of: (1) Rendering a portion of the coverage unacceptable to admitted companies; or (2) obtaining a...”

• K.A.R. 40-3-22(b) (Marine, inland marine and transportation insurance; what shall not be insured)

  “(b) Unless otherwise permitted, marine, inland marine, and transportation insurance shall not insure any of the following: (1) Storage of insured's merchandise, unless specially permitted by this regulation; (2) merchandise during manufacture that is the property of the manufacturer and is on the...”

• K.A.R. 40-1-34(f) (Cash settlement less than the cost of repairs)

  “An insurer shall not attempt to settle a loss with a first party claimant on the basis of a cash settlement which is less than the amount the insurer would pay if repairs were made, other than in total loss situations, unless such amount is agreed to by the insured.”

• K.A.R. 40-3-40(a)-(b) (Unfair rate discrimination; practices permitted by rate filings)

  “(a) Unfair rate discrimination practices between individuals of the same rating class, as prohibited by K.S.A. 40-953 and amendments thereto, shall include the following: (1) Refusing to insure; (2) refusing to continue to insure; (3) limiting the amount, extent, or kind of coverage available to an...”

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Questions about this source

More Kansas sources

• Kan. Stat. Ann. s. 40-2404: Unfair methods of competition and deceptive acts definedState statute
• Kan. Stat. Ann. s. 40-4909: License denial, suspension, revocation, or refusalState statute
• Kan. Stat. Ann. s. 40-4903: License required to sell, solicit, or negotiateState statute
• Kan. Stat. Ann. s. 40-420: Standard provisions required in life insurance policiesState statute
• Kansas Statutes Chapter 40 Article 22 - Accident and Sickness Insurance (K.S.A. 40-2201 through 40-2259)State statute
• Kansas Insurance Content OutlinesCandidate handbook or exam outline
• Kansas Insurance Licensing Candidate HandbookCandidate handbook or exam outline
• Kansas Statute 40-2c01 - Risk-based capital requirements; definitionsState statute