KRS 304.41-020: Definitions.

As used in this subtitle:

(1) "Association" means the Joint Underwriting Association established pursuant to the

provisions of this subtitle;

(2) "Legal professional liability insurance" means insurance as defined in KRS 304.5 -

070(1)(j);

(3) "Commissioner" means the commissioner of the Department of Insurance; and

(4) "Net direct premiums" means gross direct premiums written on the lines of

insurance set forth in KRS 304.41 -030(1) as computed by the commissioner of

insurance, less return premiums for the unused or unabsorbed portions of premium

deposits.