Kan. Admin. Regs. § 40-3-47

Current through Register Vol. 43, No. 49, December 5, 2024

Section 40-3-47 - Fire and casualty insurance; rating organizations; kinds of insurance affected

(a) Each rating organization shall develop and file only prospective loss costs for the following kinds of insurance and coverage:

(1) All lines of business specified in K.S.A. 40-901 and amendments thereto, except rates, rules, and forms filed by the midwest rating and service bureau, inc.; and

(2) all lines of business specified in K.S.A. 40-1102, and amendments thereto.

(b) For the filing of supplementary rating information by insurers any insurer may satisfy its obligation by performing the following:

(1) Referencing the prospective loss costs filed by a licensed rating organization; and

(2) completing and filing the information required by the Kansas insurance department's "policy and procedure regarding prospective loss costs filing," dated February 15, 2005, which is hereby adopted by reference.

Kan. Admin. Regs. § 40-3-47

Authorized by K.S.A. 40-103, 40-961(d); implementing K.S.A. 40-955; effective May 6, 1991; amended Feb. 8, 1993; amended March 28, 1994; amended March 10, 2006.