KIA&B 2020 January/February 2020 | Page 15

LEGISLATIVE MATTERS • • • • • Agency Appointment Process & Fees // The KID wants to change how agencies and agents are appointed by companies and increase appointment fees to cover for lost revenue due to the change. Currently, if an agency is appointed, every licensed agent in the agency is automatically appointed. The company pays an appointment fee for each licensed agent in the agency. According to the KID, Kansas is the only state that does it this way. The KID wants to do away with agency appointments and have companies just appoint individual agents. Renewal Fees // Kansas agents don’t pay a renewal fee. Most other states charge renewal fees. The KID wants to charge biannual renewal fees. Also, there is no renewal for agencies. The KID also wants to require a biannual renewal of agency licenses and charge a fee. KAIA team has worked with KID to make this a nominal fee. Increased CE Requirements // To comply with NAIC and NIPR standards, the KID wants to require all licensed P&C and life and health agents to take 24 CE hours every two years. Currently, if an agent only has either a P&C or life and health license, the requirement is 12 CE hours every two years. If they have both, they are required to take 24 hours every two years. Prohibition of Loans // The KID also wanted to make some changes to chapter 40 article 49 that deal with agent regulation of essentially unethical conduct. Some of these are to clean up and clarify some of the language, but some are substantive. One of the more substantive changes would be to prohibit loans from clients to agents and from agents to clients. The KAIA Government Affairs Committee voted to oppose this policy change and KID agreed not to pursue it. Non-Economic Damages Caps // As you will recall, the Kansas Supreme Court struck down the statutory Cap on non-economic damages in personal injury cases. In its decision on Hilburn v. Enerpipe, a trucking accident case, the Court ruled that the Cap violates the right to trial by jury in Section 5 of the Kansas Constitution Bill of Rights. The Kansas 15