Blog

Underwriting FAQs

posted Mar 30, 2013

Q.
What are the minimum requirements to submit a quote for coverage through the Fund?
A.
Minimum requirements are as follows:

  1. All policies are subject to a $1,000.00 minimum yearly normal premium regardless of paying method (annual or monthly). Policies cancelled before the end of the year...

$16.5 MILLION RETURNED TO QUALIFYING MEMBERS!

posted Mar 28, 2013

For the 19th CONSECUTIVE year, the Kentucky AGC/SIF returned dividends to its qualifying members! The dividends paid in March 2013 of $16.5 million (includes Special Fund Tax) represent the largest amount ever returned by the Fund.

To date, the Fund has returned over $130.4 million (includes...

Fund Maintains "Excellent" A.M. Best Rating

posted Jan 03, 2013

We are proud to announce that A.M. Best (a membership oriented watchdog of insurers for their financial strengths and weaknesses) has once again affirmed the rating of A-, “Excellent” for the Fund. Additionally, the Fund has retained its Financial Size Category rating of VII which indicates...

Coverage FAQs

posted Jan 02, 2013

Q.
Where can I find the Fund's Workers' Compensation and Employers' Liability Policy?
A.
All members are mailed a policy but to view the Kentucky AGC/SIF's Workers' Compensation and Employers' Liability Policy, click here. Note that the Information Page which contains other specific information...

Premium FAQs

posted Jan 01, 2013

Q.
When is my premium due?
A.
For annual payors, premium is due by the 10th of February of each year. For monthly payors, premium is due by the 10th of each month based upon your prior month's payroll figures.
Q.
What if I have no payroll for a particular month(s)?
A.
If you have no payroll,...

LARGEST DIVIDEND IN FUND HISTORY TO BE RETURNED MARCH 2013

posted Nov 16, 2012

ATTENTION! The Fund has been approved by the Department of Insurance to release the LARGEST DIVIDEND in Fund history, $16.5 MILLION (including Special Fund tax)! The disbursement will take place in March 2013 and will mark the 19th consecutive year that the Fund has returned a dividend. The...

FUND FEATURED IN NATIONAL PUBLICATION!

posted Oct 05, 2012

We are pleased to announce that Best's Review, a national insurance news publication by the A.M. Best Company, has featured the Kentucky AGC/SIF in its October 2012 issue. Among numerous highlights, the article chronicles the rise of the Fund from a fledgling start-up operation, to a nationally...

$13.9 MILLION DIVIDEND PAID IN MARCH, 2012

posted Apr 01, 2012

For the 18th consecutive year, the Kentucky AGC/SIF returned a dividend to its qualifying members! The dividend paid in March, 2012 of $13.9 million represented the largest dividend ever paid by the Kentucky AGC/SIF.

To date, the Fund has returned over $104.4 million since 1994. Additionally,...

THE FUND'S A.M. BEST RATING is A-, "EXCELLENT"

posted Jan 05, 2012


Claims FAQs

posted Jan 03, 2012

Q.
How do I file a claim?
A.
The Kentucky AGC/SIF now has ONLINE CLAIMS REPORTING available through its website making it easier than ever for you to manage your workers' compensation insurance. This feature allows you to file a workers' compensation claim First Report of Injury (FORM IA-1)...

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