The Property & Casualty Division's major task includes review of policy contracts, rates, and rules used for all property and casualty products to assure their compliance with KY law. P&C records medical malpractice claims and provides quarterly reports to state medical licensure boards. Registration of Risk Purchasing Groups and Exempt Commercial Policyholders; processing of no-fault rejections, reimbursements for charitable healthcare premiums. The Mine Subsidence Program is administered through P&C as well.

It is also responsible for:

• Charitable Healthcare
• Exempt Policyholders 
• Mine Subsidence Fund
• Monitoring of Kentucky's markets of last resort
• No-Fault Rejection/Verification
• Risk Purchasing Groups
• Reports of medical malpractice claims

The Surplus Lines area regulates information written by a non-admitted insurance company in the Commonwealth. Surplus lines companies and brokers provide an alternative market for specialty and hard-to-place risks when coverage is not available from admitted insurance carriers.

Information regarding the Mandatory Insurance Reporting Plan is available here [].

The Property and Casualty Branch of the Division of Insurance Product Regulation is responsible for the review of rates, rules, and forms of all admitted property and casualty insurance companies.  Read More..