Bulletin 2004-7

420 SW 9 TH STREET TOPEKA, KANSAS 66612-1678 PHONE 785.296.3071 FAX 785.291.3673 CONSUMER HOTLINE 1.800.432.2484 WEBSITE www.ksinsurance.org Bulletin 2004-7 TO: All Property and Casualty Insurance Companies FROM: Sandy Praeger Commissioner of Insurance DATE: November 1, 2004 RE: Summary of 2004 Legislation Affecting Kansas Property and Casualty Insurance Companies Please refer to our bulletin 1985-14 that was mailed on June 17, 1985. On page one of such bulletin, we made the following comments regarding K.S.A. 8-1606(a): Senate Bill No. 52 (Effective July 1, 1985) Section 1 of this Bill amends K.S.A. 8-1606(a) by raising the minimum apparent damage amount for reporting motor vehicle accidents from $300 to $500. As a result of Senate Bill No. 52, only an accident which results in an apparent damage of $500 or more is to be charged as an “accident” for the purposes of safe driver plans. Therefore, All safe driver plans must indicate or be amended to indicate a $500 or more threshold. L. 2004, ch. 133, sec. 1 has amended K.S.A. 8-1606(a) by raising the minimum apparent damage amount for reporting motor vehicle accidents from $500 to $1,000. Therefore, all safe driver plans must indicate or be amended to indicate a $1,000 or more threshold by January 1, 2005. If you have any questions regarding this Bulletin, please contact Jim Newins at 420 SW 9th Street, Topeka, Kansas, 66612, via phone at (785)296-7833, or via email at commissioner@ksinsurance.org.