HB 66 (BR 397) - R. Crimm
AN ACT relating to insurance agent license applications.
Amend KRS 304.9-105 to allow an applicant for an insurance agent license to show financial responsibility by a policy of legal liability insurance written by an unauthorized insurer with an "A" rating from A.M. Best company or a rating from another major company publishing financial strength ratings of insurers which the executive director deems to be equivalent to such rating; amend KRS 304.11-030 to conform.
(Prefiled by the sponsor(s).)
Nov 7-To: Interim Joint Committee on Banking and Insurance
Jan 8-introduced in House; to Banking & Insurance (H)
Jan 11-posted in committee