Ky. Rev. Stat. § 227.250

Current through Acts Received April 24, 2024
Section 227.250 - Duty of insurers to report losses from fire, lightning, hazardous materials, flammable liquids or explosions

Every insurer authorized to transact business in this state shall report to the state fire marshal such loss or damage by fire, lightning, hazardous materials, flammable liquids or explosion occurring to, in or on property insured by such insurer in this state, as may be, and in the manner prescribed by the state fire marshal. Provided, however, the state fire marshal may waive the reporting of such losses if, in his discretion, the losses are unimportant because of the small amount involved and a saving in time and expense will result.

KRS 227.250

Effective:6/17/1978
Amended 1978 Ky. Acts ch. 305, sec. 6, effective6/17/1978. -- Created 1954 Ky. Acts ch. 201, sec. 6.