Title XXV, Business and Financial Institutions

The reinsurance intermediary manager shall not: (1) Bind retrocessions on behalf of the reinsurer, except that the reinsurance intermediary manager may bind facultative retrocessions pursuant to obligatory facultative agreements if the contract with the reinsurer contains reinsur…

managers. (1) A reinsurer shall not engage the services of any person, firm, association, or corporation to act as a reinsurance intermediary manager on its behalf unless the person is licensed as required by KRS 304.9-705(2). (2) The reinsurer shall annually obtain a copy of sta…

(1) A reinsurance intermediary shall be subject to examination by the commissioner. The commissioner shall have access to all books, bank accounts, and records of the reinsurance intermediary in a form usable to the commissioner. (2) A reinsurance intermediary manager may be exam…

(1) The license of a reinsurance intermediary may be suspended or revoked, civil penalties imposed in the amount applicable to agents under KRS 304.99-020, conditions imposed on the license, or any combination thereof, on the grounds set forth in KRS 304.9-440. (2) If a reinsuran…

(1) The commissioner may promulgate reasonable administrative regulations for the implementation, interpretation, and administration of the provisions of KRS 304.9- 700 to 304.9-759. (2) Insurers or reinsurers shall not continue to utilize the services of a reinsurance intermedia…

KRS 304.9-700 to 304.9-759 may be cited as the Reinsurance Intermediary Act.

entity -- Qualifications and application for license -- Penalties. (1) A portable electronics insurance retailer license issued under this section shall permit portable electronics retailers to offer and disseminate portable electronics insurance by the licensee, its employees, a…

sell portable electronics insurance -- Restrictions on licensees. (1) A portable electronics insurance retailer license issued to a business entity under KRS 304.9-780 shall authorize an employee or authorized representative of the business entity licensee to offer and disseminat…

coverage -- Standards -- Billing and collection of charges -- Notice and correspondence. (1) At every location where portable electronics insurance is offered to customers, brochures or other written materials shall be made available to a prospective customer which: (a) Disclose …

Catchline at repeal: Liability for value of real property insured.

Catchline at repeal: Contracts requiring insured to maintain insurance in agreed proportion of actual cash value.

Catchline at repeal: Valued policy law, livestock.

Catchline at repeal: Requirements deemed met by surety insurer.

Catchline at repeal: Release from liability.

Catchline at repeal: Court bonds, costs.

Catchline at repeal: Scope of KRS 304.915 to 304.923.

Catchline at repeal: Qualification.

Catchline at repeal: Powers of title insurer.

Catchline at repeal: Guaranty fund.

Catchline at repeal: Unearned risk premium reserves.

Catchline at repeal: Investments.

Catchline at repeal: Prohibition against guaranteeing obligations executed by others.

Catchline at repeal: Declaration of purpose.

Catchline at repeal: Unfair competition; unfair deceptive practices prohibited.

Catchline at repeal: Boycott, coercion and intimidation.

Catchline at repeal: Advertisements in general.

Catchline at repeal: Advertisement of assets, liabilities.

Catchline at repeal: False financial statements.

Catchline at repeal: Defamation prohibited.

Catchline at repeal: Unfair discrimination prohibited.

Catchline at repeal: Rebates prohibited.

Catchline at repeal: Exceptions to discrimination and rebate prohibition.

Catchline at repeal: Illegal inducements prohibited.

Catchline at repeal: Designation of favored agent or insurer.

Catchline at repeal: Interlocking ownership; management; multiple directorship.

Catchline at repeal: Discrimination in property, casualty or surety policies on group basis prohibited; grandfather clause.

Catchline at repeal: "Twisting" prohibited.

Catchline at repeal: Illegal dealing in premiums.

Catchline at repeal: Desist order for defined or prohibited practices.

Catchline at repeal: Curtailment of undefined practices.

Catchline at repeal: Scope of KRS 304.951 to 305.956.

Catchline at repeal: Merger or consolidation.

Catchline at repeal: Grounds for rehabilitation or liquidation.

Catchline at repeal: Order of rehabilitation, termination thereof.

Catchline at repeal: Order of liquidation.

Catchline at repeal: Liquidation of alien insurers.

Catchline at repeal: Conservation of assets of foreign or alien insurers.

Catchline at repeal: Order of conservation or ancillary liquidation of foreign or alien insurers.

Catchline at repeal: Uniform Insurers Liquidation Act.

Catchline at repeal: Conduct of delinquency proceedings against insurers domiciled in this state.