KRS 304.40-080: Determination of insurer's participation in association.

All insurers which are members of the association shall participate in its writings,

expenses, servicing, allowance, management fees, and losses in the proportion that the net

direct premiums of each such member, excluding that portion of premiums attribut able to

the operation of the association, written during the preceding calendar year, bears to the

aggregate net direct premiums written in this state by all members of the association.

Each insurer's participation in the association shall be determined annually on the basis of

such net direct premiums written during the preceding calendar year, as reported in the

annual statements and other reports filed by the insurer with the commissioner.