{"data":{"id":"us-ky/krs-342.267","jurisdiction":"us-ky","citation":"KRS 342.267","heading":"Unfair claims settlement practices -- Penalties.","body":"If an insurance carrier, self -insured group, or self -insured employer providing workers'\ncompensation coverage engages in claims settlement practices in violation of this chapter,\nor the provisions of KRS 304.12 -230, the commissioner of the Department of W orkers'\nClaims shall fine the insurance company, self-insured group, or self-insured employer the\nsum of one thousand dollars ($1,000) to five thousand dollars ($5,000) for each violation\nand if they have a pattern of violations, the commissioner may revok e the certificate of\nself-insurance or request the commissioner of insurance to revoke the certificate of\nauthority of the insurance carrier or the self-insured group.","path":["KRS Chapter 342"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=32458","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:31Z","sha256":"3ce7fa31015aeff3eb8a36fc986003c9c15b32e9ab8eb4452e7cc47819fa9ce2","source_id":"us-ky","stale":false,"prev":"us-ky/krs-342.265","next":"us-ky/krs-342.270"},"notice":"GroundRules: Original legal text. Not legal advice."}