There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Subtitle 10. Surplus Lines
304.10.110 Liability of insurer as to losses and unearned premiums.
Download pdfplaced the insurance, in all questions arising under the coverage as between the
insurer and the insured the insurer shall be deemed to have received the premium
due to it for the coverage; and the insurer shall be liable to the insured as to losses
covered by the insurance and for unearned premiums which may become payable to
the insured upon cancellation of the insurance whether or not in fact the broker is
indebted to the insurer with respect to the insurance or for any other cause. (2) Each unauthorized insurer assuming a surplus lines risk under this subtitle shall be deemed to have subjected itself to the terms of this section. Effective: July 14, 2000
History: Amended 2000 Ky. Acts ch. 393, sec. 40, effective July 14, 2000. -- Created 1970 Ky. Acts ch. 301, subtit. 10, sec. 11, effective June 18, 1970.
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.