Kansas 2023-2024 Regular Session

Kansas Senate Bill SB76

Introduced
1/20/23  
Refer
1/23/23  

Caption

Providing for an exemption from continuing education licensure requirements for certain insurance producers.

Impact

The proposed changes will affect the overall framework of continuing education requirements for specific insurance agents, especially public adjusters. It allows for exemptions based on the duration of licensure and experience, which may lead to a significant reduction in the educational demands placed on seasoned professionals. This is seen as a way to retain experienced agents while ensuring that those who enter the profession are still held to a stringent standard of knowledge and ethical practice.

Summary

Senate Bill 76, introduced in the Kansas Legislature, addresses the licensure requirements for insurance producers, specifically focusing on the continuing education (C.E.C.) requirements. The bill proposes amendments to K.S.A. 40-4903 and K.S.A. 40-5512 to provide for exemptions from these education requirements for certain individuals, particularly those who have been licensed continuously for at least 15 years and have earned enough 'career points'. This aims to recognize the extensive experience of long-standing agents and to reduce the regulatory burden on them.

Contention

Notably, there are points of contention surrounding the bill. Proponents argue that the exemption is warranted given the complexities and constant changes in regulations that experienced agents already navigate. On the other hand, there are concerns from advocacy groups and some legislators who fear that reducing educational requirements might lead to gaps in necessary knowledge that could impact consumer protection and industry standards. This debate reflects broader discussions on the balance between regulation and practicality in licensing fields where continuous learning is critical.

Companion Bills

No companion bills found.

Previously Filed As

KS SB2125

Producer's lines of insurance, service of process for producer proceedings, revocation of nonresident producer licenses, requirements for renewal of business entity public adjuster licenses, public adjuster proof of insurance requirements, and public adjuster continuing education requirements.

KS SB2125

AN ACT to create and enact section 26.1-26-33.1 of the North Dakota Century Code, relating to obligations of insurance producers to maintain an electronic mailing address for regulatory use; to amend and reenact sections 26.1-26-11, 26.1-26-22, 26.1-26-42.1, 26.1-26.8-09, 26.1-26.8-11, and 26.1-26.8-12 of the North Dakota Century Code, relating to producer's lines of insurance, service of process for producer proceedings, revocation of nonresident producer licenses, requirements for renewal of business entity public adjuster licenses, public adjuster proof of insurance requirements, and public adjuster continuing education requirements.

KS HB724

Insurance agents; require one-time submission of affidavit attesting to age and experience requirements for continuing education exemption.

KS SB2374

An exemption from search requirements for licensed surplus line producers; to provide for a legislative management report; and to provide a penalty.

KS SB0133

Insurance: producers; continuing education credit carryover system for insurance producers who belong to a professional insurance association; provide for. Amends sec. 1204c of 1956 PA 218 (MCL 500.1204c).

KS HB4178

Insurance: producers; continuing education credit carryover system for insurance producers who belong to a professional insurance association; provide for. Amends sec. 1204c of 1956 PA 218 (MCL 500.1204c).

KS HB2532

Exempt those with 25 years holding an insurance license from attaining additional CEUs

KS HB4565

Exempt those with 25 years holding an insurance license from attaining additional CEUs

KS HB2043

Providing a protest petition to contest certain increases in property tax revenues and continuing reimbursements from the taxpayer notification costs fund for an additional five years.

KS HB2334

Enacting the Kansas protected cell captive insurance company act, providing for the redomestication of a foreign or alien captive insurance company and updating certain terms, requirements and conditions of the captive insurance act, reducing insurance company premium tax rates, creating parity between the insurance agent and public adjuster licensing requirements, authorizing insurers to file certain travel insurance policies under the accident and health line of insurance and authorizing the commissioner of insurance to select and announce the version of certain instructions, calculations and documents in effect for the upcoming calendar year and cause such announcement to be published in the Kansas register not later than December 1 of the current year.

Similar Bills

No similar bills found.