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|Regulation Number and Description||Proposed Action||Public Hearing|
|KAR 40-1-53 Suitability in annuity transactions. This is a new regulation adopting the Kansas Insurance Department’s Policy and Procedure Regarding Suitability in Annuity Transactions, dated January 29, 2022. The policy and procedure is based upon model language from the National Association of Insurance Commissioners’ (“NAIC”) model regulation #275. The regulation will replace existing K.A.R. 40-2-14a.||Adoption||May 25,2023 8:30am|
|KAR 40-2-31 Minimum requirements for viaticating a policy. This is a new regulation that establishes minimum percentage requirements for payments to an insured when they sell a policy to a viatical settlement provider.||Adoption||May 25,2023 8:30am|
Go to: Current Adopted Regulations