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The Kentucky Public Pensions Authority (KPPA), formerly known as The Kentucky Retirement Systems (KRS), [1] is the administrator of defined-benefit pension and insurance plans for most of Kentucky's state and county employees and retirees.
The office of the insurance commissioner may be part of a larger regulatory agency, or an autonomous department. Insurance law and regulation is established individually by each state. In order to better coordinate insurance regulation among the states and territories, insurance commissioners are members of the National Association of Insurance ...
KEMI is a mutual insurance company owned by its policyholders. KEMI is financed entirely by premium dollars and investment income. All workers' compensation insurance companies in Kentucky, including KEMI, are regulated by the Kentucky Department of Insurance and the Kentucky Department of Workers' Claims. [citation needed]
Kentucky’s average insurance rates are slightly above the national averages, with full coverage costing an average of $2,705 a year, while state-mandated minimum insurance is available for an ...
Penalties for driving without insurance in Kentucky. Driving without insurance in Kentucky is a risky move that can result in hefty penalties. A first-time offense can lead to fines ranging from ...
On February 12, 1993, the Kentucky Department of Insurance seized Kentucky Central and, after an extensive audit, found the company to be insolvent. After nearly a century in business one of the nation's leading life insurance companies was effectively out of business and over 1000 employees were without work.
Car insurance costs skyrocketed to a 47-year high in December 2023, jumping by 20.6% from a year earlier, according to Bureau of Labor Statistics inflation data. The pandemic’s inflation levels ...
kynect, formerly and also called the Kentucky Health Benefit Exchange, is the health insurance marketplace, previously known as health insurance exchange, in the U.S. Commonwealth of Kentucky, created by then-Governor Steve Beshear in accordance with the Patient Protection and Affordable Care Act.