Kansas Statutes
Article 9 - General Provisions Relating To Fire Insurance Companies
40-973 Same; effect on existing policy, limitation on

40-973. Same; effect on existing policy, limitation on. Within the limitation specified in K.S.A. 40-970, and amendments thereto, no rate increase may be implemented with regard to an individual existing policy, unless such increase is applied at the time of a renewal or conditional renewal of an existing policy and the insurer mails or delivers to the named insured, at the address shown in the policy, a written notice that clearly and conspicuously discloses its intention to change the rate, at least 30 days in advance of the end of the insured's policy period. A notice of renewal or conditional renewal that clearly and conspicuously discloses the renewal premium applicable to the policy shall be deemed to comply with this section.
History: L. 2008, ch. 144, ยง 5; July 1.

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Structure Kansas Statutes

Kansas Statutes

Chapter 40 - Insurance

Article 9 - General Provisions Relating To Fire Insurance Companies

40-901 Kinds of business authorized; paid-up capital and surplus requirements; limitations on size of a single risk.

40-902 Deposit of securities by stock insurance company.

40-905 Statement of value in policy; evidence of ownership of property; exceptions.

40-906 Inspection and description of premises.

40-907 Vacancy of premises.

40-908 Attorney fees in certain actions.

40-924 Proof of loss by fire or tornado; insurer to furnish blanks and directions.

40-938 Same; false or misleading information; penalties.

40-951 Fire and casualty insurance rates; purpose of act.

40-952 Same; application of act.

40-953 Same; excessive, inadequate or unfairly discriminatory rates or rates resulting in destruction of competition, standards.

40-954 Same; determining factors; expense provisions; classification of risks; modification for individual risks; contingencies and allowances for profit; exemptions; mandatory rating plan use.

40-955 Same; rate filings; review and approval of certain lines; effective dates; exemptions from filing; certain workers compensation policies; rules and regulations.

40-955b Same; rate filings; premium variance, when allowed.

40-956 Same; rating organizations; licensure, fee, suspension or revocation; subscriber discrimination and certain rules prohibited; examinations, costs; authorized cooperation and transactions.

40-957 Same; advisory organizations; required filings; insurers and rating organizations prohibited from relying on statistics, when.

40-958 Same; deviations from rating organization filings.

40-959 Same; appeal of rating organization decision; hearing; order.

40-960 Same; information to be furnished insureds; grievance procedures; appeals to commissioner.

40-961 Same; statistical plans for reporting loss and expense data; rules and regulations.

40-962 Same; withholding or giving false or misleading information prohibited.

40-963 Same; violations; penalties.

40-964 Same; hearings under administrative procedure act.

40-965 Same; review of commissioner's actions; rates pending final determination of court.

40-966 Same; premiums; account charged in accordance with act; rebates and other inducements prohibited.

40-967 Same; severability.

40-970 Property/casualty flex-rating regulatory improvement act; rate increase or decrease, limitation on.

40-971 Same; rates in excess of limitation of preceding section.

40-972 Same; procedure; duties of commissioner.

40-973 Same; effect on existing policy, limitation on

40-974 Same; definitions.

40-975 Same; citation of act.