2015 Kentucky Revised Statutes
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304.40-080 Determination of insurer's participation in association.
All insurers which are members of the association shall participate in its writings,
expenses, servicing, allowance, management fees, and losses in the proportion that the net
direct premiums of each such member, excluding that portion of premiums attributable to
the operation of the association, written during the preceding calendar year, bears to the
aggregate net direct premiums written in this state by all members of the association.
Each insurer's participation in the association shall be determined annually on the basis of
such net direct premiums written during the preceding calendar year, as reported in the
annual statements and other reports filed by the insurer with the commissioner.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1540, effective July 15, 2010. -- Created
1976 Ky. Acts ch. 164, sec. 8, effective June 19, 1976.
CHAPTER 304 - INSURANCE CODE
Subtitle 40 - Health Care Malpractice Insurance
40.40-080 Determination of insurer's participation in association.
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