Kentucky Looks to Save by Self-Insuring State’s Vehicles October 5, 2011 Email This Subscribe to Newsletter Email to a friend Facebook Tweet LinkedIn Print Article Article 2 Comments October 5, 2011 at 6:10 pm Steve U says: Like or Dislike: 0 0Fine if you want to do that and save on your taxes. I think it’s safe to assume that adequate reserves will be maintained to cover a CAT loss and Kentucky will not ask the Federal Government to bail them out after a CAT happens. Reply October 6, 2011 at 10:47 am Gork says: Like or Dislike: 0 0Gosh, $750,000 in savings – could one more loss than projected more than wipe that out? Reply Add a Comment Cancel reply Your email address will not be published. Required fields are marked * Name * Email * Comment ΔNotify me of comments via e-mail
Fine if you want to do that and save on your taxes. I think it’s safe to assume that adequate reserves will be maintained to cover a CAT loss and Kentucky will not ask the Federal Government to bail them out after a CAT happens.
Gosh, $750,000 in savings – could one more loss than projected more than wipe that out?