Ky. Rev. Stat. » Chapter 304
Kentucky Revised Statutes

Ky. Rev. Stat. § 304.50-010 (2026)

Qualification as workers' compensation self-insured group -- Power to

✓ current as of May 2026
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contract, sue, and be sued -- Commissioner to promulgate administrative regulations -- Governor may assign regulatory authority -- Limitation on application of KRS Chapter 304.

(1) The commissioner may authorize twenty (20) or more employers with common interests or membership in a bona fide trade association, or two (2) or more governmental entities, to enter into agreements to pool their liabilities under KRS Chapter 342 for the purpose of qualifying as a workers' compensation self-insured group under this subtitle and KRS 342.350. Any heterogeneous self-insured group so authorized may contract and may sue and be sued in the name adopted by the group.

(2) The commissioner shall promulgate administrative regulations as necessary to govern admission, certification, and regulation of workers' compensation self- insured groups as authorized by this section and KRS 342.350. The commissioner shall take any and all action necessary to effectuate the provisions of this subtitle. The commissioner shall be responsible for maintaining records obtained or prepared in association with this oversight.

(3) The Governor may assign the regulatory authority under this subtitle to another board or agency pursuant to KRS 12.028.

(4) Except as specifically provided in this subtitle, no other provision of this chapter shall apply to a workers' compensation self-insured group. Effective: June 25, 2013 History: Amended 2013 Ky. Acts ch. 75, sec. 1, effective June 25, 2013. -- Amended 2010 Ky. Acts ch. 24, sec. 1624, effective July 15, 2010. -- Created 2005 Ky. Acts ch. 7, sec. 2, effective March 1, 2005.

Notes of Decisions
Cited in 1 case, 2010–2010 · leading case: Ernst & Young, LLP v. Clark, 323 S.W.3d 682 (Ky. 2010).
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Ernst & Young, LLP v. Clark, 323 S.W.3d 682 (Ky. 2010). “In 2005, after the failure of AIK Comp and after the audits that are the subject of this litigation, the General Assembly enacted KRS 304.50-010 to 304.50-160 which recodified, and in some instances modified, the regulation of workers' compensation self-insured groups previously…”
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