House Bill 401

Last Action to Banking & Insurance (H)
Title AN ACT relating to use of territory as a factor in establishing insurance rates.
Bill Documents Bill
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


  • introduced in House
  • to Banking & Insurance (H)

Last updated: 8/28/2019 8:09 AM (EDT)