| FROM THE COMMISSIONER |
KID Annual Report
Telling a story through numbers
KEN SELZER
Kansas Insurance Commissioner
K
eeping track of numbers and statistics at the
Kansas Insurance Department (KID) means
creating an annual report. By Kansas Statute, we
are required to send the report to the governor
and leaders of the Kansas Legislature. We also post it
online for the public.
KAIA members can download our 2015 annual report at
www.ksinsurance.org. But, for a quick view, you can see
some of the report’s beneficial statistics below.
•We reached almost 42,000 contacts with our social media
presence on Facebook, YouTube and Twitter. We want
to reach more people this way through this efficient
approach, and we would appreciate it if you would tell
your clients to “Like” and “Follow” us on those platforms.
By the way, if you haven’t seen our YouTube video
about the department, its building and its functions, we
encourage you to view it.
•The number of resident and nonresident agents licensed
by KID increased by 5.5 percent compared to the same
numbers in 2015. And, since we update those numbers
very regularly, we can report that as of March 1, there
are approximately 122,000 agents licensed in the state—
more than 99,000 nonresidents agents and nearly 23,000
resident agents.
•A total of 18 new insurance companies were admitted
to do business in the state in 2015. That is an increase of
28.6 percent from 2014.
•Our Consumer Assistance Division handled more
than 3,000 consumer complaints and more than 1,100
inquiries during the past year.
•We had 26 percent more website hits in 2015. As you
recall, we redesigned our site during the year to be more
producer- and consumer-friendly.
•KID representatives, including myself, made 115
community presentations during 2015. We are always
willing to consider visiting community and service
organizations throughout the state to further our
message of consumer education, advocacy and insurance
regulation.
•We mailed a total of 28,142 publications to Kansas
residents, agents, and governmental units such
as libraries. We encourage you to download our
publications from our website. It’s convenient, time saving
and cost efficient.
•Two-thirds of our anti-fraud cases investigated in 2015
involved auto/home issues. I’m happy to report that only
a very small percentage of the total cases involved agent
or internal fraud.
•KID remitted more than $187 million to the state
general fund budget during fiscal year 2015.
Kansas has an $18 billion/year insurance industry that is
strong, thanks to many good agents and financially sound
companies. Along with you, KID works hard to keep the
industry vibrant, solvent and competitive for all Kansans.
Let us know what we could do to help you.
|MARCH - APRIL 2016| KANSAS INSURANCE AGENT & BROKER
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