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Author Archives: webservices
Home / Archives by: webservices
Jun 5, 2019
webservices
Issues
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Local Government Insurance Premium Taxes (Municipal Premium Taxes)

Background on the Tax: Kentucky policyholders often have questions about the taxes that show up on their premium notices.  Kentucky law permits local governments to impose taxes on premiums charged by insurance companies, although not all of them do. According to the latest information available from the Kentucky Department of Insurance (DOI), 362 municipalities and […]

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Apr 9, 2015
webservices
News
Comments Off on 2015 EKU PAPER COMPETITION

2015 EKU PAPER COMPETITION

IIK sponsored a scholarship completion for Eastern Kentucky University students who submitted a paper on a topic related to property and casualty or life insurance.  The scholarship award winners were announced at the Annual EKU Insurance Day on April 9, 2015. In the picture above are IIK Executive Director Mark Treesh, 2nd place winner Shaun […]

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Apr 22, 2014
webservices
News
Comments Off on 2014 EKU PAPER COMPETITION

2014 EKU PAPER COMPETITION

IIK sponsored a scholarship completion for Eastern Kentucky University students who submitted a paper on a topic related to property and casualty insurance.  The scholarship award winners were announced at the Annual EKU Insurance Day on April 22, 2014. In the picture above on the left are Burke Christensen, EKU Risk Management and Insurance Program […]

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Apr 10, 2014
webservices
Issues
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The Use of Credit-Scoring in Setting Premiums

How Are Insurance Premiums Determined? Insurance is often said to rely upon the law of large numbers in which a large number of people facing a common risk come together to share the costs of that risk. It’s really fairly simple – everyone pays a premium, and when you have a “covered” loss, you collect […]

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Apr 2, 2014
webservices
Issues
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Municipal Emergency Response Fees (Accident Taxes)

Background on Emergency Response Fees In many states, particularly in the Midwest, many local communities have begun the practice of instituting “emergency response fees” that are billed to those involved in an auto accident or other incidents that require a response by emergency first responders. These fees charged are in addition to the taxes already […]

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Apr 16, 2013
webservices
News
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2013 EKU PAPER COMPETITION

(Pictured above are IIK Executive Director Mark Treesh, 2nd place winner John Schmidt, 1st place winner Claire Holsapple, and 2013 IIK Chair Bobby Owens.) IIK sponsored a scholarship completion for Eastern Kentucky University students who submitted a paper on a topic related to property and casualty insurance.  The scholarship award winners were announced at the […]

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Jun 12, 2011
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News
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IIK Honors Rep. Jim Gooch (D-Providence) with Legislative Leadership Award

Rep. Gooch receives the Sumner Award, an engraved julep cup. Pictured from left to right are 2010-11 IIK Chair Lorrie Brouse, former IIK Executive Director Carl Sumner, Rep. Jim Gooch, and IIK Executive Director Mark Treesh The Insurance Institute of Kentucky (IIK) announced that it has honored Rep. Jim Gooch (D-Providence) with the Sumner Legislative […]

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News

  • IIK’s 2023 Agenda Items
  • HB 170 Passed to Streamline Settlements for Minors
  • HB 380 Passed to Modernize KY Insurance Laws
  • IIK Supports Hands-free Cell Phone Use Legislation
  • IIK’s 2022 Agenda Items

Issues

  • Insurance and the Pandemic
  • Personal Injury Protection (PIP) Auto Insurance Coverage
  • Local Government Insurance Premium Taxes (Municipal Premium Taxes)
  • The Use of Credit-Scoring in Setting Premiums
  • Municipal Emergency Response Fees (Accident Taxes)

IIK AMICUS BRIEF PROGRAM

IIK accepts applications from members and non-members to file an amicus brief in cases which could have an impact on insurance law in Kentucky. Learn more about how to apply here.

INSURANCE 101

Insurance 101 contains information on the basics of insurance as well as a brief look at some key issues that affect insurance consumers. Just click here to take a quick tour.

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Insurance Institute of Kentucky

Our Issues

  • Insurance and the Pandemic
  • Personal Injury Protection (PIP) Auto Insurance Coverage
  • Local Government Insurance Premium Taxes (Municipal Premium Taxes)
  • The Use of Credit-Scoring in Setting Premiums
  • Municipal Emergency Response Fees (Accident Taxes)

About IIK

The Insurance Institute of Kentucky is a non-profit corporation dedicated to educating, supporting and assisting the Kentucky insurance consumer, market and industry. read more...

Contact Us

Insurance Institute of Kentucky
PO Box 54542
Lexington, KY 40555-4542
[email protected]

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