Kentucky Department of Insurance Commissioner Brian Maynard News

Kentucky Reports 800% Increase in Court-Ordered Insurance Restitution Payments

The Fraud Division of the Kentucky Department of Insurance (DOI) announced that it has increased the amount of court-ordered restitution payments this year by more than 800 percent. The increase—from $369,762 in 2015 to more than $3 million this year—accompanies …

Kentucky Workers’ Comp Loss Costs to Decrease 5 % on Oct. 1

The Kentucky Department of Insurance has approved the annual workers’ compensation loss costs filing from the National Council on Compensation Insurance Inc. (NCCI) with a rate decrease of five percent on average. It is the eleventh consecutive overall decrease in …