Kentucky Insurance Guaranty Ass'n v. Natural Resources & Environmental Protection Cabinet

LESTER, Chief Judge.

This is an appeal from a judgment supported by an opinion declaring that a cited violation by appellee for failure to maintain a performance bond by a mining permittee is a covered claim within the meaning of the Kentucky Insurance Guaranty Association Act, KRS 304.36-090 et. seq.

Appellant seeks to avoid its statutory obligation as well as thwart the purposes for which it was legislatively created upon a hyper-technical interpretation of, the term “covered claim.” Because we believe the well-reasoned opinion of the circuit court correctly resolves the issue, we adopt it as…