AN ACT relating to insurance regulatory requirements and declaring an emergency.
It became law on Apr 7.
- Stage
- Became law
- Started in
- House
- Latest action
- Apr 7
Where it stands
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What it does
Amend KRS 304.1-050 and 304.1-110 to make technical amendments; amend KRS 304.2-160 to define "licensee"; amend KRS 304.2-220 to modify persons who are subject to examination by the insurance commissioner; amend KRS 304.4-040 to apply license revocation for failure to pay tax or fee to licensees; amend KRS 304.5-080 to define "inland marine insurance" and repeal the definition of "marine and transportation insurance"; amend KRS 304.9-035 to provide for an insurer's liability for acts of its adjusters; amend KRS 304.9-051 to provide that certain individuals working for an administrator are not acting as an administrator; amend KRS 304.9-105 to modify financial responsibility requirement for…
Where it goes next
Law in Kentucky. Agencies now write the rules that carry it out, and courts can stay or strike it.
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