Wednesday, July 08, 2009
KACo And Kentucky Insurance Regulators Hold Informal Discussions
In the wake of a revelation concerning alleged overspending inside the non-profit organization, Kentucky Association of Counties, the Kentucky Department of Insurance is examining KACo operations. Tuesday, three KACo officials and an outside lawyer met for more than an hour with regulators for informal discussions. Lexington attorney Brent Caldwell, who has represented KACo's insurance programs since 1997, says insurance regulators wanted basic information about operational issues, how the programs run and how they operate.