Kentucky Revised Statutes · § 304.41-020 — Definitions

As used in this subtitle:

(1) "Association" means the Joint Underwriting Association established pursuant to the provisions of this subtitle;

(2) "Legal professional liability insurance" means insurance as defined in KRS 304.5-070(1)(j);

(3) "Commissioner" means the commissioner of the Department of Insurance; and

(4) "Net direct premiums" means gross direct premiums written on the lines of insurance set forth in KRS 304.41-030(1) as computed by the commissioner of insurance, less return premiums for the unused or unabsorbed portions of premium deposits.