Southeast News
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4,000 Businesses In Group Comp Fund Owe $51 Million In Ky. Self-Insurance Claims
Southeast News • December 10, 2004
More than 4,000 Kentucky business owners participating in a group workers' compensation fund have been left holding-the-bag and being billed for $51 million in claims racked up by AIK Comp, a ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: AIK | drudy | Dec 20, 2004, 1:26 pm |
| RE: AIK | Curious | Dec 17, 2004, 10:22 am |
| Group SIF | Gary | Dec 14, 2004, 9:57 am |
| AIK | Jimbo | Dec 13, 2004, 1:40 pm |
| Back to article | ||
Subject: RE: AIK
Why would a State have allowed the formation of a SIF without
re-insurance in place? Did the fund have no aggregate retention beyond which reinsurance attached? In other words the group only had a per occurrence retention on their reinsurance program?