The purpose of this subtitle is to provide a mechanism for the payment of covered claims under certain insurance policies to avoid excessive delay in payment and to the extent provided in this subtitle to minimize financial loss to claimants or policyholders because of the insolvency of an insurer, to assist in the detection and prevention of insurer insolvencies, and to provide a means of funding the cost of such protection among insurers.
KRS 304.36-020
Purpose of subtitle
Known as the Kentucky Insurance Guaranty Association Act
The act spans §§ 304.36-010 to 304.36-170 (18 sections).
Applied in 12 court decisions — leading case Kentucky Insurance Guaranty Ass'n v. Jeffers Ex Rel. Jeffers (2000)
Most recently applied in Appleton & Ratliff Coal Corp. v. Dewey Ratliff (November 2016)
Effective: July 15, 1998 History: Amended 1998 Ky
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.