KRS 304.12-130: Curtailment of undefined practices.

(1) If the commissioner believes that any person engaged in the insurance business is

engaging in this state in any method of competition or in any act or practice in the

conduct of such business which is not defined in this subtitle but that such method

of competition is unfair, deceptive, or not in the public interest, or that such act or

practice is unfair or deceptive and that a proceeding by the commissioner in respect

thereto would be in the public interest, the commissioner shall, after a hearing of

which notice of the hearing and of the charges against the person are given such

person, make a written report of his or her findings of fact relative to such charges

and serve a copy thereof upon such person and any intervenor at the hearing.

(2) If such report charges a violation of this subtitle and if such method of competition,

act or practice has not been discontinued, the commissioner may, or through the

Attorney General, at any time after the service of such report, cause an action to be

instituted to e njoin and restrain such person from engaging in such method, act, or

practice. In such action the court may grant a restraining order or injunction upon

such terms as may be just; but the people of this Commonwealth shall not be

required to give security b efore the issuance of any such order or injunction. If a

stenographic record of the proceedings in the hearing before the commissioner was

made, a certified transcript thereof including all evidence taken and the report and

findings shall be received in evidence in such action.

(3) If the commissioner's report made pursuant to subsection (1) of this section or order

on hearing made pursuant to KRS 304.12 -120 does not charge a violation of this

subtitle, then any intervenor in the proceedings may appeal ther efrom within the

time and in the manner provided in this code for appeals from the commissioner

generally.