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2025 Kansas Statutes
Chapter 40 - Insurance
Article 2c - Risk-based Capital Requirements
40-2c28 Property and casualty insurer exempt; when.
Universal Citation:
KS Stat § 40-2c28 (2025)
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40-2c28.
Property and casualty insurer exempt; when.
The commissioner may exempt from the application of K.S.A. 40-2c01 through 40-2c27, and amendments thereto, any domestic property and casualty insurer which:
(a) Writes direct business only in this state;
(b) writes direct annual premiums of $2,000,000 or less; and
(c) assumes no reinsurance in excess of 5% of direct premiums written.
History: L. 1996, ch. 134, ยง 10; July 1.
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