{"data":{"id":"us-ky/krs-304.10-110","jurisdiction":"us-ky","citation":"KRS 304.10-110","heading":"Liability of insurer as to losses and unearned premiums.","body":"(1) As to a surplus lines risk which has been assumed by an unauthorized insurer under\nthis subtitle, and if the premium has been received by the surplus lines broker who\nplaced the insurance, in all questions arising under the coverage as between the\ninsurer and the insured the insurer shall be deemed to have received the premium\ndue to it for the coverage; and the insurer shall be liable to the insured as to losses\ncovered by the insurance and for unearned premiums which may become payable to\nthe insured upon  cancellation of the insurance whether or not in fact the broker is\nindebted to the insurer with respect to the insurance or for any other cause.\n(2) Each unauthorized insurer assuming a surplus lines risk under this subtitle shall be\ndeemed to have subjected itself to the terms of this section.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=16991","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:41Z","sha256":"c07dc688f37dc322b31b156ad7d929e2246d0f2332f588536720546c782e3573","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.10-100","next":"us-ky/krs-304.10-120"},"notice":"GroundRules: Original legal text. Not legal advice."}