(1) The commissioner shall make such investigation as he or she deems necessary or convenient for proper determination regarding an appeal.
(2) The books, accounts, papers and records of every fire protection classification advisory organization or insurer which makes its own rates, operating in the Commonwealth, shall be available to the commissioner for inspection and examination. By notice and order, the commissioner may require their production or the production of verified copies at such time and place as he or she designates, any expense incurred to be borne by the rating organization or insurer so ordered.

Terms Used In Kentucky Statutes 304.13-360

  • advisory organization: is a ny entity, including its affiliates or subsidiaries, which either has two (2) or more member insurers or is controlled either directly or indirectly by two (2) or more insurers and which assists insurers in ratemaking related activities. See Kentucky Statutes 304.13-011
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • classification: means the process of grouping risks with similar risk characteristics so that differences in cost may be recognized. See Kentucky Statutes 304.13-011

Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1141, effective July 15, 2010. — Amended 2000 Ky. Acts ch. 380, sec. 18, effective July 14, 2000. — Amended 1980
Ky. Acts ch. 187, sec. 19, effective July 15, 1980. — Created 1978 Ky. Acts ch. 199, sec. 4, effective June 17, 1978.

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