Kansas Insurance Commissioner
Encyclopedia
The Kansas Insurance Commissioner (KIC), 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
. It is an elected position and is currently held by Republican Sandy Praeger
.
The Kansas Insurance Department was established by the Kansas Legislature in 1871. It has four major regulatory functions:
Insurance
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the...
in the state of Kansas
Kansas
Kansas is a US state located in the Midwestern United States. It is named after the Kansas River which flows through it, which in turn was named after the Kansa Native American tribe, which inhabited the area. The tribe's name is often said to mean "people of the wind" or "people of the south...
. It is an elected position and is currently held by Republican Sandy Praeger
Sandy Praeger
Sandy Praeger is the Republican Kansas Insurance Commissioner. She was first elected on November 2, 2002. Her term began January 13, 2003. She was re-elected in 2006 to the same position...
.
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 the Commissioner, 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 22,000 resident agents and 68,000 nonresident agents are licensed in Kansas to sell insurance products. The Kansas Insurance Department also requires agents to meet ongoing continuing educationContinuing educationContinuing education is an all-encompassing term within a broad spectrum of post-secondary learning activities and programs. The term is used mainly in the United States and Canada...
requirements.
Office holders
The office was known as the Superintendent of Insurance until 1927, when the title changed to Commissioner of InsuranceKansas State Superintendents of Insurance
Name | Term | Party |
---|---|---|
William C. Webb | 1871-1873 | Republican |
Edward Russell | 1873-1874 | Republican |
Harrison Clarkson | 1874-1875 | Republican |
Orrin T. Welch | 1875-1883 | Republican |
Richard B. Morris | 1883-1887 | Democratic |
Daniel W. Wilder | 1887-1891 | Republican |
W. H. McBride | 1891-1893 | Republican |
S. H. Snider | 1893-1895 | Republican |
George T. Anthony | 1895-1896 | Republican |
Alexander P. Riddle | 1896-1897 | Republican |
Webb McNall | 1897-1899 | Populist |
Willard V. Church | 1899-1903 | Republican |
Charles H. Luling | 1903-1907 | Republican |
Charles W. Barnes | 1907-1911 | Republican |
Isaac S. Lewis | 1911-1915 | Republican |
Carey J. Wilson | 1915-1919 | Republican |
Frank L. Travis | 1919-1923 | Republican |
William R. Baker | 1923-1927 | Republican |
Kansas State Commissioners of Insurance
Name | Term | Party |
---|---|---|
William R. Baker | 1927-1929 | Republican |
Charles F. Hobbs | 1929-1947 | Republican |
Frank Sullivan | 1947-1971 | Republican |
William Fletcher | 1971-1991 | Republican |
Ronald L. Todd | 1991-1995 | Republican |
Kathleen Sebelius Kathleen Sebelius Kathleen Sebelius is an American politician currently serving as the 21st Secretary of Health and Human Services. She was the second female Governor of Kansas from 2003 to 2009, the Democratic respondent to the 2008 State of the Union address, and chair-emerita of the Democratic Governors... |
1995-2003 | Democratic |
Sandy Praeger Sandy Praeger Sandy Praeger is the Republican Kansas Insurance Commissioner. She was first elected on November 2, 2002. Her term began January 13, 2003. She was re-elected in 2006 to the same position... |
2003-Present | Republican |
External links
- http://www.kansas.gov
- http://www.ksinsurance.org
- http://www.kshs.org/