Kentucky regulators this week unveiled a plan for implementing a 2008 legislative mandate aimed at ending a years-long battle between the state's cities and counties over more than $300 million in revenue from taxes on insurance premiums.The Kentucky Department of Insurance (DOI) on Monday posted its plans for implementing House Bill 524, which required regulators to develop a system for checking and approving software used by carriers and surplus lines brokers to determine the exact location of insurance risks.Kentucky is one of a handful of states that allows its local governments to imp...
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