806 KAR 47:010. Designation of a contact person

      Section 1. Every insurer shall designate at least two (2) primary contact persons but not more than four (4) primary contact persons who shall communicate with the Division of Insurance Fraud Investigation on matters relating to the reporting, investigation, and prosecution of suspected fraudulent insurance acts, as defined in KRS 304.47-020.

 

      Section 2. Every insurer shall notify the Division of Insurance Fraud Investigation in writing of the names, addresses, and telephone numbers of:

      (1) The insurer's primary contact persons; and

      (2) The primary person responsible for the insurer’s investigative unit. (22 Ky.R. 154; eff. 9-7-95; TAm eff. 8-9-2007; 40 Ky.R. 2629; 41 Ky.R. 43; eff. 8-1-2014.)

Notation

      RELATES TO: KRS 304.47-020, 304.47-040, 304.47-050, 304.47-080

      STATUTORY AUTHORITY: KRS 304.2-110

      NECESSITY, FUNCTION, AND CONFORMITY: KRS 304.2-110 authorizes the Commissioner of Insurance to promulgate administrative regulations necessary for or as an aid to the effectuation of any provision of the Kentucky Insurance Code, as defined in KRS 304.1-010. This administrative regulation establishes requirements for the designation of primary contact persons to communicate with the Division of Insurance Fraud Investigation.