Kansas Insurance Commissioner
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The Kansas Insurance Commissioner (in full the Kansas State Insurance Commissioner) has the primary responsibility to the people whose personal lives are protected by insurance in the state of Kansas. KIC recognizes that they serve Kansas and consider this to be an honor and a responsibility.
The Kansas Insurance Department was established by the Kansas Legislature in 1871. It has four major regulatory functions:
- 1. Regulate and Review Companies: Sixty-five companies are headquartered in Kansas, plus 1,592 other companies sell policies in Kansas. The Kansas Insurance Department, under the direction of Commissioner Sandy Praeger, regulates and reviews these companies to make sure they are solvent and comply with insurance laws and regulations.
- 2. Educate Consumers: To educate consumers about insurance, the Kansas Insurance Department publishes brochures and rate guides on all kinds of insurance coverage; provides speakers on numerous insurance topics; and prepares vital public service information to mass media.
- 3. Assist Consumers: The Kansas Insurance Department helps consumers when they have disputes with insurance companies. Such assistance has resulted in millions of dollars in refunds and claims payments for consumers.
- 4. License Agents; Approximately 23,300 resident agents and 42,000 nonresident agents are licensed in Kansas to sell insurance products. The Kansas Insurance Department also requires agents to meet ongoing continuing education requirements.
It is currently an elected position and is held by Republican Sandy Praeger.
