{"data":{"id":"us-ky/krs-304.48-240","jurisdiction":"us-ky","citation":"KRS 304.48-240","heading":"Prohibited activities.","body":"(1) No person shall make any deceptive statement or omit material facts in connection\nwith solicitation for membership in a liability self-insurance group.\n(2) Liability self-insurance groups shall not engage in unfair claims settlement practices\nand shall:\n(a) Respond to claimant inquiries within fifteen (15) working days.\n(b) Respond to Department of Insurance inquiries concerning claims within\nfifteen (15) working days.\n(c) Complete the investigation of losses within thirty (30) days from the date the\ngroup has notice of a loss. An additional thirty (30) day period may be taken if\nreasonably necessary and upon written notice to the claimant.\n(d) Not continue negotiations for settlement of a claim directly with a claimant\nwho is neither an attorney nor represe nted by an attorney until the claimant's\nrights may be affected by a statute of limitations, a policy, or contract time\nlimit without giving the claimant written notice at least sixty (60) days before\nthe date on which the time limit shall expire and affect the claimant's rights.\n(e) Not commit any other unfair or deceptive act or practice, as described in\nSubtitle 12 of this chapter, relating to claim settlement.\n(3) Liability self -insurance groups shall not commit unfair or deceptive acts or\npractices, as described in Subtitle 12 of this chapter, under its certificate of filing\nfrom the commissioner.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=30215","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:59Z","sha256":"352dc08564e443881464f219710d1a9e31d7aedcfabcdf2efa5b03d86772ef74","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.48-230","next":"us-ky/krs-304.48-250"},"notice":"GroundRules: Original legal text. Not legal advice."}