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American Institute of Marine Underwriters |
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American Institute of Marine Underwriters |
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KY
- Statreg:
Ky. Rev. Stat. § 304.9-080(2).
- Stat/reg provision relating to nonresident licensing/ application:
Ky. Rev. Stat. § 304.9-430(14)(a)(1)-(4).
- Licensing exception for singular or unusual losses?:
Yes.
Allows for licensing exemption to investigate and/or adjust "particular loss resulting from a catastrophe, or for...a series of losses resulting from a catastrophe common to all losses." Ky. Rev. Stat. § 304.9-430(9)(a).
Allows for temporary registration for emergency independent or staff adjusters in the event of a catastrophe declared in Kentucky. Ky. Rev. Stat. § 304.9-430(13).
- Testing required?:
Yes. Ky. Rev. Stat. § 304.9-430(2)(3).
However, waived if licensed elsewhere and home state reciprocates. Ky. Rev. Stat. § 304.9-430(14)(a)(1)-(4).
- Continuing ed. required?:
Yes. Ky. Rev. Stat. § 304.295.
However, waived if requirement met in home state and home state reciprocates. Ky. Rev. Stat. § 304.9-295(3)(c).
- Penalty for violation of license requirement:
Fine up to $2,000, or fine of greater of $100 or twice the amount of the gain from the commission of the violation. Ky. Rev. Stat. §§ 304.9-440(1), 304.99-020(1), 304.9-436, 304.99-010.
- Penalty for other violations of licensing provisions:
Probation, suspension, revocation, or fine up to $2,000, or fine of greater of $100 or twice the amount of the gain from the commission of the violation.
Ky. Rev. Stat. §§ 304.9-440(1), 304.99-020(1), 304.9-436, 304.99-010. - State:
Kentucky