An insurer that fails to provide a loss run statement as required by KRS § 304.20-100(2), or an insurer’s agent that fails to provide a loss run statement to an insured as required by KRS § 304.20-100(3), shall be subject to a fine of not less than one hundred dollars ($100) nor more than two hundred fifty dollars ($250) for each day that the insurer or the insurer’s agent fails to provide a requested loss run statement.
Effective: July 12, 2012
History: Created 2012 Ky. Acts ch. 64, sec. 2, effective July 12, 2012.