The Kentucky Farm Bureau Insurance Board met October 18, 2012. The first item discussed was the underwriting profits for the month of September. Kentucky Farm Bureau has made $13.1 million in profit, bringing our loss ratio for the year down to 113.2% So after losses, reinsurance reimbursements, expenses, gains in the stock market, and the […]
President’s Report for September
October 8, 2012 By Leave a Comment
I hope that everyone in attendance at the convention enjoyed themselves and we appreciate your being there. There were so many people that mentioned just how large of a turnout we had. Again, thank you! Here is an update on what exactly went on during and after the covention: 1. During the convetion the board […]
President’s Report for July
August 1, 2012 By 1 Comment
The Insurance Board for KY Farm Bureau met on July 14. After preliminaries were taken care of, main topics were discussed. As of July 2012: 1. It looks as if the mandatory wind/hail deductible is dead. a. The 1% wind/hail can still be used if requested by agent or client. 2. Appears all roofs, as […]
