(1) An "authorized" insurer is one duly authorized by a subsisting certificate of authority issued by the commissioner to transact insurance in this state.
(2) An "unauthorized" insurer is one not so authorized.
"Authorized," "unauthorized" insurer defined
Applied in 1 court decision — leading case 867 F. Supp. 1301 - Garage Services & Equipment Dealers Liability Ass'n of America v. Homes (1994)
Most recently applied in 867 F. Supp. 1301 - Garage Services & Equipment Dealers Liability Ass'n of America v. Homes (November 1994)
Effective: July 15, 2010 History: Amended 2010 Ky
(1) An "authorized" insurer is one duly authorized by a subsisting certificate of authority issued by the commissioner to transact insurance in this state.
(2) An "unauthorized" insurer is one not so authorized.
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.