No-Fault Rejection Form Revision Bulletin

Property & Casualty No-Fault Rejection Form Revision Bulletin 2001-1 BULLETIN 2001-1 TO: ALL PROPERTY AND CASUALTY INSURERS FROM: JANIE A. MILLER, COMMISSIONER OF INSURANCE RE: NO-FAULT REJECTION FORM REVISION DATE: JANUARY 29, 2001 Please inform your agents of the following: KRS 304.39-300 requires the Department of Insurance to prescribe a form whereby any person may reject limitations on his tort rights and liabilities. This form is prescribed by 806 KAR 39:030. The rejection form has been updated for the first time since 1975. Some of the changes are described herein. Substantive information required by individuals filing the form has been slightly broadened and clarified to help identify and distinguish among the many rejections on file. However, all previously filed forms will remain on file. References to a specific insurer or policy have been removed, as the rejection is not tied to specific insurer or policy period. In addition, an advisory summary of the Kentucky "No-Fault Law", KRS 304.39, has been added to help assure that individuals are able to make informed and reasoned decisions about their tort rights and liabilities and insurance coverages. 806 KAR 39:040 with these amendments became effective February 15, 2001. Please advise all appropriate employees and agents about these revisions and begin using the form immediately. All rejections received by the Department after July 15, 2001, should be on the new form. Both the regulation 806 KAR 39:030 and the form in RFT Format KY NF-1(a)(b)(c) P&C 9/00 or in PDF Format - KY NF-1(a)(b)(c) P&C 9/00 are available at the doi web site.