Kansas Administrative Regulations
Agency 40 - INSURANCE DEPARTMENT
Article 3 - FIRE AND CASUALTY INSURANCE
Section 40-3-56 - Controlled insurance programs
Current through Register Vol. 43, No. 39, September 26, 2024
Each controlled insurance program providing coverage for general liability or workers compensation, or both, shall meet the following requirements:
(a) Establish a method for the quarterly reporting of the participant's respective claims details and loss information to that participant;
(b) provide that cancellation of any or all of the coverage provided to a participant before completion of work on the applicable project shall require the owner or contractor who establishes a controlled insurance program to either replace the insurance or pay the subcontractor's cost to do so;
(c) not charge enrolled participants who are not the sponsoring participants a deductible in excess of $2,500 per occurrence or a per claim assessment by the sponsor;
(d) keep self-insured retentions fully funded or colla-teralized by the owner or contractor establishing the controlled insurance program, except that this subsection shall not apply to deductible programs;
(e) disclose specific requirements for safety or equipment before accepting bids from contractors and subcontractors on a construction project; and
(f) allow monetary fines for alleged safety violations to be assessed only by government agencies.