Bill > HB2049

This bill updates statutes related to licensing requirements for insurance agents and public adjusters, specifically focusing on the conditions under which the state insurance commissioner can suspend, revoke, deny, or refuse to renew licenses. The bill expands the existing grounds for license action to include failures related to securities registrations and adds a specific provision requiring licensees to respond to commissioner inquiries within 15 business days. The bill also introduces a more comprehensive framework for evaluating an applicant's background when considering license denial or revocation, requiring the commissioner to consider factors such as the age of the applicant at the time of misconduct, the recency and seriousness of the conduct, evidence of rehabilitation, and the applicant's character and contributions since the incident. Additionally, the bill clarifies administrative procedures for imposing penalties, specifies that costs associated with administrative hearings can be assessed against the licensee, and establishes waiting periods for reapplying after license denial or revocation (one year for denial and two years for revocation). The changes aim to provide more transparent and detailed guidelines for maintaining professional standards in the insurance industry while allowing for individual circumstances to be taken into account.

Business and Industry

Insurance (House)

https://kslegislature.gov/li/b2025_26/measures/hb2049/