Wednesday, March 14, 2012

Beshear Signs Executive Insurance Order

{Frankfort, Kentucky}...Wednesday, Governor Steve Beshear signed an executive order prohibiting insurance companies from canceling policies or changing rates in counties hit by deadly tornadoes. The executive order also requires insurance companies to allow more time for people in storm-ravaged communities to pay their premiums for health, life and property insurance. Under the order, cancellations and rate increases will have to wait until at least April 15th.