KRS 342.360: Agreements in policy as to notice -- Jurisdiction and liability of insurer.

All policies insuring the payment of compensation under this chapter shall contain a

clause to the effect that as between the employer and the insurer the notice to or

knowledge of the occurrence of the injury on the part of the insured shall be considere d

notice or knowledge, as the case may be, on the part of the insurer; that jurisdiction of the

insured for the purpose of this chapter shall be jurisdiction of the insurer; and that the

insurer shall in all things be bound by and subject to the awards, ju dgments or decrees

rendered against the insured.