Kansas Insurance Department Recovers $16M in 2023

January 17, 2024

Kansas Insurance Commissioner Vicki Schmidt announced the Kansas Insurance Department recovered more than $16 million for Kansans in 2023, the largest single-year recovery in Department history. This new record goes beyond the previous year’s recovery total of $7.6 million. The Department’s Consumer Assistance Division has recovered over $35 million for Kansans since Commissioner Schmidt first took office in 2019.

“The insurance claims process can be complicated for many – if you are having an issue, I want to hear from you,” said Schmidt. “I am proud of the work the Consumer Assistance Division has done to ensure that Kansans are getting the full benefits from their policies.”

Funds considered “recovered” are calculated when Department staff assists individuals in need of support during their insurance claims process. If a dispute arises between a policyholder and an insurance company, regardless of the type of insurance, the Kansas Insurance Department investigates the complaint. Department staff work with the consumer and the company to ensure the insurance policy is followed and benefits are paid accordingly.

Source: Kansas Insurance Department

Topics Kansas

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