Kentucky Employers’ Mutual Insurance has issued what it called an important notice regarding coverage, as school boards sign up with the state-chartered carrier after their self-insured group collapsed because of a lack of funding.
KEMI said the following information must be turned in for a submission to be complete:
fully completed Acord 130 application;
minimum of five years currently valued loss runs, which are valued within 30 days of the date the application is submitted to KEMI;
and the last three completed payroll audits (if any of those terms were previously self-insur...
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