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NEED OUT OF STATE COVERAGE - CLICK HERE!!
posted Oct 27, 2011
Effective 1/1/2010 in response to ever-changing market conditions, the Kentucky AGC/SIF partnered with the Safety National Casualty Corporation (Safety National) to provide an OUT-OF-STATE (OOS)/CROSS-BORDERS PROGRAM solution for its membership population (NOTE: The Kentucky AGC/SIF will continue to provide OOS coverage for its members who use Regularly Employed Kentucky Employees in states where the Kentucky AGC/SIF is permitted to do so).
In order to obtain access to the program, the following general underwriting criteria must be met:
Must be a member of the Kentucky AGC/SIF (or plan to join)
Class codes contemplated for the OOS/Cross-Borders program must be the same as those class codes contemplated by the member's Fund policy
Members must have a loss ratio of ≤ 60% for the past three (3) years (exceptions may be considered on a case-by-case basis)
Designated states only
Limited out-of-state exposure (generally 40% or less of total annualized payroll)
In order to begin procuring a quote for the OOS/Cross-Borders program, the following information will be needed:
*A completed ACORD application
*Detailed description of the job or work being performed out-of-state
*Proposed effective date
*Estimated payroll by class code
*Three years of Kentucky and applicable out-of-state experience
*Large loss details on all losses over $50,000
*Current workers' compensation Experience Mod
*Loss control reports for the most recent two inspections
Should you have any questions regarding the OOS/Cross-Borders program, please contact the Fund Office Underwriting Department at (502) 245-2007 or (800) 928-7135.
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