Ky. Rev. Stat. § 304.13-111

Current through 2024 Ky. Acts ch. 225

Section 304.13-111 - Advisory organization or statistical agent activities prohibited

No advisory organization or statistical agent shall:

(1) Make an agreement with an insurer or another advisory organization that has the purpose or effect of substantially lessening competition in an insurance market; or

(2) After January 1, 1983, compile or distribute recommendations relating to rates that include profit or expenses, except loss adjustment expenses.

KRS 304.13-111

Effective:7/14/2000
Amended 2000, Ky. Acts ch. 380, sec. 7, effective7/14/2000. -- Created 1982 Ky. Acts ch. 278, sec. 10, effective 7/15/1982.