Kentucky Revised Statutes
Ky. Rev. Stat. § 304.36-010 (2026)
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This subtitle may be cited as the Kentucky Insurance Guaranty Association Act. Effective: June 16, 1972 History: Created 1972 Ky. Acts ch. 137, sec. 1, effective June 16, 1972.
Notes of Decisions
Cited in 4
cases, 1994–2006 · leading case: Kentucky Ins. Guar. Ass'n v. Jeffers Ex Rel. Jeffers, 13 S.W.3d 606 (Ky. 2000).
Kentucky Ins. Guar. Ass'n v. Jeffers Ex Rel. Jeffers, 13 S.W.3d 606 (Ky. 2000). “The sole issue before this Court is whether a Legislative provision amending the Kentucky Insurance Guaranty Association Act, KRS 304.36-010 et. seq., to increase the amount of coverage from $100,000 to $300,000 in cases involving insolvent insurance companies is limited only to…”
Reece v. Dixie Warehouse & Cartage Co., 188 S.W.3d 440 (Ky. Ct. App. 2006). “The liquidation and the finding of insolvency triggers the application of the Kentucky Insurance Guaranty Act under KRS 304.36-010, et seq. Under the Act, the Kentucky Insurance Guaranty Association becomes obligated to pay a “covered claim” against an insolvent insurer in an…”
Commonwealth, Nat. Resources & Env't Prot. Cabinet v. Kentucky Ins. Guar. Ass'n, 972 S.W.2d 276 (Ky. Ct. App. 1997). “The legislature created KIGA, a non-profit legal entity set up under KRS 304.36-010 et seq., as a mechanism to cover claims arising prior to and within thirty days after a determination of insolvency of an insurer.”
Kentucky Ins. Guar. Ass'n v. Nat. Resources & Env't Prot. Cabinet, 885 S.W.2d 315 (Ky. Ct. App. 1994). “and hold KIGA liable for the forfeiture amount pursuant to KRS 304.36-010 et seq. KIGA seeks a binding declaration it is not liable for such bonds.”
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