Kentucky Insurance Plans, Operation, Question 1

KENTUCKY INSURANCE ARBITRATION ASSOCIATION

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1. How can I become an arbitrator?
2. Who is a member of KIAA?
3. What is the Statute of Limitations for PIP arbitration?
4. Is there an offset (deductible)?
5. If there is an offset, does it apply to each injured person?
6. If there is an offset, does it apply to each applicant?
7. What if the BI limits are exhausted?
8. How soon can arbitration be filed and what is the 60 days referring to?
9. What if the other reparation obligor is a non-member?

1. How can I become an arbitrator?

Article 2. Board of Directors

A. There shall be a Board of Directors consisting of ten members who are full-time employees of writers of automobile insurance in Kentucky. 2. Each member of the Board of Directors shall designate qualified persons who are employed full-time by his/her company in claims administration and who are licensed adjusters in the Commonwealth of Kentucky, who, upon approval of the Insurance Commissioner, Kentucky Department of Insurance, may serve as his alternate at any time for the purpose of claims arbitration as specified in Article 5. The number of Alternates designated by each member shall be determined by the needs of the Association.

3. Any member of the Board may designate an alternate representative to serve from time to time in place and instead of the actual selected representative. Such alternate shall be licensed adjusters in the Commonwealth of Kentucky. Any member designative an alternate shall so notify the Chairman, the Secretary of the Board and the Insurance Commissioner, Kentucky Department of Insurance.