KRS 304.20-042: Termination or refusal to issue insurance due to credit history

prohibited.

(1) No insurer shall decline to issue, cancel, nonrenew, or otherwise terminate property

and casualty insurance contracts covering personal risks solely because of credit

history, lack of credit history, or the following extraordinary life circumstances that

directly influence the credit history of the applicant or insured:

(a) Catastrophic event, as declared by the federal or state government;

(b) Serious illness or injur y, or serious illness or injury to an immediate family

member;

(c) Death of a spouse, child, or parent;

(d) Divorce or involuntary interruption of legally owed alimony or support

payments;

(e) Identity theft;

(f) Temporary loss of employment for a period o f three (3) months or more, if it

results from involuntary termination;

(g) Military deployment overseas; or

(h) Other events, as determined by the insurer.

(2) For purposes of this section, "personal risks" shall have the meaning as defined in

KRS 304.13-011.