Ky. Rev. Stat. § 304.6-070
Current through Acts Received April 24, 2024
For all health insurance policies the insurer shall maintain an active life reserve and an actuarially determined claim reserve for unaccrued benefits which shall place a sound value on its liabilities under such policies and be not less than the reserve according to appropriate standards set forth in regulations issued by the commissioner and in no event less in the aggregate than the pro rata gross unearned premiums for such policies.
KRS 304.6-070
Amended 2010, Ky. Acts ch. 24, sec. 999, effective7/15/2010. -- Created 1970 Ky. Acts ch. 301, subtit. 6, sec. 7, effective 6/18/1970.