806 KAR 9:060. Identification cards.

 

      RELATES TO: KRS 304.9-105, 304.9-390, 304.9-430, 304.9-432

      STATUTORY AUTHORITY: KRS 304.2-110

      NECESSITY, FUNCTION, AND CONFORMITY: KRS 304.2-110 authorizes the Commissioner of the Department of Insurance to promulgate administrative regulations necessary for or as an aid to the effectuation of any provision of the Kentucky Insurance Code. This administrative regulation permits an agent and independent, staff, public, or apprentice adjuster to have an identification card for use when the adjuster is outside of his or her principal place of business.

 

      Section 1. (1) An agent licensed pursuant to KRS Chapter 304.9-105, independent, staff, or public adjuster licensed pursuant to KRS 304.9-430, or an appropriate adjuster licensed pursuant to KRS 304.9-432 may obtain from the commissioner an identification card issued by the Department of Insurance indicating that the agent, independent adjuster, staff adjuster, public adjuster, or apprentice adjuster is a qualified insurance representative in Kentucky.

      (2) The purpose of an identity card obtained pursuant to this administrative regulation shall be to identify an independent, staff, public, or apprentice adjuster as an individual authorized to investigate, negotiate, or settle insurance claims, or an insurance agent as a qualified insurance representative while selling, soliciting, or negotiating insurance or annuity contracts outside of the agent's principal place of business. (I-9.08; 1 Ky.R. 861; eff. 5-14-75; Am. 9 Ky.R. 611; 779; eff. 12-1-82; 27 Ky.R. 1335; 1804; eff. 1-15-2001; TAm eff. 8-9-2007; 37 Ky.R. 972; eff. 11-05-2010.)