KRS 304.13-141: Examination of insurers, pools, advisory organizations, statistical

agents, form providers, residual market, and joint underwriting organizations.

(1) The commissioner may examine any insurer, pool, advisory organization, statistical

agent, form pr ovider, or residual market or joint underwriting mechanism as

deemed necessary to ascertain compliance with this chapter. Any examination made

by the commissioner or by examiners designated by the commissioner shall be at

the expense of the organization ex amined as specified in Subtitle 2 of KRS Chapter

304.

(2) Every insurer, pool, advisory organization, statistical agent, and residual market or

joint underwriting mechanism shall maintain reasonable records, adapted to its

method of operation, containing i ts experience or the experience of its members.

Records shall include the statistics and other information used by it in its activities.

The records shall be available at all reasonable times and at a reasonable location to

enable the commissioner to deter mine whether the activities of an insurer, pool,

advisory organization, statistical agent, residual market or joint underwriting

mechanism are in compliance with this chapter.

(3) In lieu of an examination, the commissioner may accept the report of an

examination by the insurance supervisory official of another state, if the report is

made pursuant to the laws of that state.