Publication Date
2023-05-08
effective date
2024-01-01
jurisdiction
Kansas Limited Lines Travel Insurance Producer Licensing Requirement
For Residents and Non-Residents 2023 KS S.B. 85(NS) (Effective 1/1/2024) - 1) WHO MUST BE LICENSED - Added limited lines travel insurance producer licensing requirement. 2) LIMITED LINES: TRAVEL AGENT - a) Added the "limited lines travel insurance producer," "travel administrator," and "travel insurance" definitions. b) Added limited lines travel insurance producer licensing requirements. c) Added travel administrator licensing requirements. KS ST 40-4906 (Effective 7/1/2023) - Per 2023 KS H.B. 2090(NS) - 1) FEE SUMMARY - Specified that the producer application fee is "not to exceed" $30 and the biennial license fee is "not to exceed" $50. 2) INDIVIDUAL NONRESIDENT LICENSE REQUIREMENTS: APPLICATION - a) Specified that the producer application fee is "not to exceed" $30. b) Added producer application fee publication requirements. 3) LICENSE CONTINUATION: LICENSE TERM AND CONTINUATION - Specified that the renewal fee is not to exceed $50.
AgentSync Actions
Our compliance experts are constantly searching for and analyzing industry updates. Their findings are then recorded in the Regulatory Updates section of the Compliance Library to explain how the update impacts the insurance industry. If a change impacts an AgentSync product, this will be highlighted to inform you that the product is being updated to ensure you remain in compliance.
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categories
Licensing