Kentucky FAIR Plan Member Companies
Pursuant to Article IV each Member shall participate in the writings, expenses, income, and losses of the Plan and the Association. The participation factors of all members shall be thus determined annually and shall be fixed for each separate calendar year based on the respective members’ Premium Written in the preceding calendar year. The Plan shall cause a report to be made available electronically, on an annual basis, which will contain all necessary data for the members to report their respective shares of the Plan’s premiums, losses, income and expenses. The report will include Schedule “P” information that may be properly included in the respective members’ annual statements as reinsurance assumed.
- Please note, the Kentucky FAIR Plan files a corporate tax return and is NOT tax exempt.
- If you are a member company and need assistance accessing these documents, please contact the Accounting Department.