Kentucky court judge denies ins. license for state bank. (First & Peoples Bank): An article from: National Underwriter Property & Casualty-Risk & Benefits Management

by Joe Niedzielski

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This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on March 3, 1997. The length of the article is 727 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: A Kentucky court has denied First & Peoples Bank's application for a license to sell general lines insurance, but the court's decision did not address statutes that may ultimately lead to legislative approval of bank selling of insurance in the state. Kentucky state law does not allow banks to hold general lines insurance licenses, but the court ruling ignored a statute that allows the commissioner of the Department of Financial Institutions to promote parity by allowing state banks to engage in the same activities as national banks.

Citation Details
Title: Kentucky court judge denies ins. license for state bank. (First & Peoples Bank)
Author: Joe Niedzielski
Publication: National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: March 3, 1997
Publisher: The National Underwriter Company
Issue: n9 Page: p2(2)

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