304.2-020 Commissioner of insurance -- Appointment, term -- Divisions within
department.
(1)
(2)
(3)
The commissioner is the head of the Department of Insurance.
The commissioner shall be appointed by the Governor with the consent of the
Senate, for a term not to exceed four (4) years on the basis of his or her merit and
fitness to perform the duties of the office as provided in KRS 12.040. If the Senate
is not in session when a term expires or a vacancy occurs, the Governor shall make
the appointment to take effect at once, subject to the approval of the Senate when
convened. Nothing contained in this subsection shall prohibit the commissioner of
the Department of Insurance from being reappointed.
The following divisions are established within the Department of Insurance and
shall be headed by directors appointed by the secretary of the Public Protection
Cabinet with the approval of the Governor in accordance with KRS 12.050:
(a) Property and Casualty Division;
(b) Health and Life Division;
(c) Division of Financial Standards and Examination;
(d) Division of Agent Licensing;
(e) Division of Insurance Fraud Investigation;
(f) Consumer Protection Division; and
(g) Division of Kentucky Access.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 914, effective July 15, 2010. -- Amended
2005 Ky. Acts ch. 123, sec. 30, effective June 20, 2005. -- Amended 1994 Ky. Acts
ch. 496, sec. 1, effective July 15, 1994. -- Created 1970 Ky. Acts ch. 301, subtit. 2,
sec. 2, 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.