KRS 304.37-080: Revocation, suspension, or nonrenewal of insurer's license.

Whenever it appears to the commissioner that any person has committed a violation of

this subtitle which makes the continued operation of an insurer contrary to the interest of

policyholders or the public, the commissioner may, after giving notice and an opportunity

to be heard, determine to suspend, revoke, or refuse to renew such insurer's license or

authority to do business in this state for such period as the commissioner finds is required

for the protection of policyholders or the public. Any such dete rmination shall be

accompanied by specific findings of fact and conclusions of law.