KRS 304.20-100: Loss run statement to be provided upon request -- Duties of insurer and

insurer's agent.

(1) As used in this section:

(a) "Commercial property and casualty" means any kind of property and casualty

insurance relating to commercial risks that is no t insurance for personal risks

as defined in KRS 304.13-011;

(b) "Loss run statement" means a report relating to commercial property and

casualty risks maintained by an insurer containing the history of claims

occurring within a policy term; and

(c) "Provide" means to mail, personally deliver, or electronically send a

document, or to allow access through an electronic portal to view or generate

a document.

(2) An insurer shall provide a loss run statement to an insured or an insurer's agent

within twenty (2 0) calendar days of receipt of a written request submitted by the

insured or the insurer's agent.

(3) An insurer's agent that receives a loss run statement pursuant to subsection (2) of

this section shall provide a copy of the loss run statement to the ins ured within five

(5) calendar days of receipt by the agent.

(4) The loss run statement provided pursuant to subsection (2) of this section shall be a

five (5) year loss run history for the prior five (5) years or a complete loss run

history with the insurer if the history is less than five (5) years.

(5) An insurer's agent that receives a loss run statement pursuant to subsection (2) of

this section shall not divulge consumer information to any third party, except in

accordance with applicable laws governin g the privacy of consumer financial

information, health information, or other information that is otherwise required by

law to be held as confidential.

(6) An insurer shall not charge any fees to prepare and provide one (1) loss run

statement in accordance with subsection (2) of this section.