ATTACHMENT E - 2ND QUARTER 2025 - Totals - KY - RFB 758 2600000247.pdf

This is a claims information report for the Kentucky Real Estate Commission's group insurance policy for the second quarter of 2025. The document provides a comprehensive breakdown of claims activity across nine policy groups (EO 0024KY through EO 0032KY), detailing the number of claims, loss amounts, and legal expenses incurred during the reporting period. The data encompasses both closed and open claims, with a total of 1,509 claims processed across all policy groups. Two of the policies (EO 0031KY and EO 0032KY) are identified as two-year policies, indicating multi-year coverage terms.

The total incurred claims amount for the second quarter of 2025 reached $8,199,811.34, comprised of $6,076,236.52 in closed claims and $2,123,574.82 in open claims. Claims ranged from 86 to 256 per policy group, with loss amounts varying significantly across policies, from $125,855.73 to $405,857.81 in primary claims. Legal expenses associated with claims totaled $1,358,513.82 for open claims and $3,795,632.73 for closed claims. Policy group EO 0031KY-(2yr) generated the highest total incurred amount at $1,474,566.04, while EO 0029KY showed the lowest at $627,928.23. This report serves as a periodic summary of the insurance portfolio's claims activity and financial exposure for the Kentucky Real Estate Commission.