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Subtitle

Subtitle 50. Workers' Compensation Self-Insured Groups

  • KRS 304.50-005— Purpose of subtitle
  • KRS 304.50-010— Qualification as workers' compensation self-insured group -- Power to contract, sue, and be sued -- Commissioner to promulgate administrative regulations -- Governor may assign regulatory authority -- Limitation on application of KRS Chapter 304
  • KRS 304.50-015— Definitions for subtitle
  • KRS 304.50-020— Scope of subtitle -- Deadline for compliance -- Extensions
  • KRS 304.50-025— Certification by commissioner required to issue binder or certificate of insurance for workers' compensation coverage -- Certificates of filing issued by Department of Workers' Claims remain in effect unless revoked or suspended
  • KRS 304.50-030— Application for certification -- Filing fee -- Contents -- Premiums -- Deadline
  • KRS 304.50-035— Certificate of filing of self-insured group -- Conditions for issuance
  • KRS 304.50-040— Termination, suspension, or revocation of certificate -- Merger of workers' compensation self-insured groups
  • KRS 304.50-045— Initial and continuing financial solvency requirements
  • KRS 304.50-050— Security deposits -- Dividends on and exchange of assets -- Collection by commissioner -- Release -- Commissioner to approve custodian bank or trust company for security deposits -- Qualifications for approval
  • KRS 304.50-055— Plans for premium payment, assessments, and dividends -- Approval by commissioner -- Investments -- Financing of payments by governmental entities
  • KRS 304.50-060— Annual reports -- Organizational documents -- Proof of excess insurance coverage -- Statement of financial condition
  • KRS 304.50-065— Notification of change in information
  • KRS 304.50-070— Agent of workers' compensation self-insured group -- License required -- Appointment of agent optional
  • KRS 304.50-075— Examination of financial condition, affairs, and management by commissioner
  • KRS 304.50-080— Appointment of Secretary of State as attorney to receive legal process
  • KRS 304.50-085— Operation of group by board of trustees -- Powers and duties -- Prohibited acts -- Power to contract, sue, and be sued -- Contracts for administration of group
  • KRS 304.50-090— Membership -- Indemnity agreement -- Expulsion, nonrenewal, or cancellation of member by group -- Voluntary withdrawal -- Liability on termination of membership, insolvency, or bankruptcy
  • KRS 304.50-095— Eligibility for membership
  • KRS 304.50-100— Dissolution of self-insured program -- Approval of plan by commissioner
  • KRS 304.50-105— Conflict-of-interest policy
  • KRS 304.50-110— Statement of financial condition -- Contents
  • KRS 304.50-115— Filing of rates, supplementary rating information, and coverage forms -- Grounds for disapproval -- Filing fee -- Public inspection of filings
  • KRS 304.50-120— Aggregate excess insurance -- Standards for waiver and exemption -- Administrative regulations -- Eligibility to write excess liability coverage for group
  • KRS 304.50-125— Discounting authorized -- Requirements -- Approval by commissioner
  • KRS 304.50-130— Members to receive evidences of coverage -- Contents
  • KRS 304.50-135— Procedure upon decrease in fund balance below minimum -- Failure to remedy deficit -- Delinquency proceedings -- Bulk reinsurance
  • KRS 304.50-140— Suspension or revocation of certificate of filing -- Civil penalty -- Hearing and appeal -- Notification requirements and exceptions
  • KRS 304.50-145— Actions not required by subtitle or administrative regulations
  • KRS 304.50-150— Unfair business practices prohibited -- Responses to inquiries from commissioner within 15 days
  • KRS 304.50-155— Statutes applicable to group self-insurance funds
  • KRS 304.50-160— Annual report of commissioner