Last Action | to Banking & Insurance (H) |
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Title | AN ACT relating to use of territory as a factor in establishing insurance rates. |
Bill Documents |
Bill
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Bill Request Number | 1430 |
Sponsor | T. Couch |
Summary of Original Version | Create a new section of Subtitle 13 of KRS Chapter 304 to require an insurer, to the extent it has credible data, that uses territory as a rating factor to submit to the executive director a statement that the territories used by the insurer have been reviewed within the past 3 years and that use of the territories is actuarially justified. |
Index Headings of Original Version |
Insurance - Rates, use of territory as rating factor Motor Vehicles - Insurance, use of territory as rating factor |
01/29/08 |
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01/30/08 |
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Last updated: 8/28/2019 8:09 AM (EDT)