KY | The Kentucky Department of Insurance has issued Advisory Opinion 2024-01 to clarify its interpretation of KRS 304.20-340. Pursuant to KRS 304.20-40(4)(c) & KRS 304.20-340(7), insurers shall not decline to insure, nor terminate any insured’s coverage for automobile insurance or property or casualty insurance, respectively, for losses immediately resulting from natural causes that arose “without intervention of any person and that could not have been prevented by the exercise of prudence, diligence, and care.”
Home » Bulletins » Kentucky Issues Interpretation of KRS 304.20-040(4)(c) & KRS 304.20-340(7) Regarding Non-Renewal Notice