Premiums do not include taxes, other than the 3% Kentucky surplus lines tax on non-admitted insurers.

Marketing responses-2022:

1. Amerisure-declined-your class of business is outside of their target markets
2. Liberty Mutual-Public Entity-declined

Notes to renewal quotations:

United Educators-primary GL

• A Reciprocal Risk Retention Group insurer created and regulated under the Federal Risk Retention Group Act and is therefore not covered by the Kentucky State Guaranty Fund.
• KSU is a founding Member or UE—since 1987

Every year, UE's Board of Directors evaluates its financial performance for the possibility of an annual dividend payment to members. For the third time in 11 years, based on the significant rise in claims costs, the company's combined ratio (and no doubt due to concerns regarding the financial impact of COVID-19) and their cautious approach to surplus management, UE's Board decided to withhold the annual dividend in 2021 & 2022 as a prudent surplus management measure. UE continues to allocate any net income to KSU's subscriber savings account for eligible members

UE has paid KSU a dividend every year from 2011 through 2019. Total dividends paid to date are $18,487.

Since 2008, UE has provided KSU with $3,000 in grant awards. We are advised this program is no longer active.

UE's Renewal Risk Management Premium Credit is $4,278 on the GL ($25K deductible), $3,858 on the GL ($50K deductible)

The Medicare, Medicaid and SCHIP Extension Act of 2007 requires the Medicare Responsibility Reporting Entity (RRE) to report claim payments for medical services within the deductible directly to the Centers for Medicare and Medicaid Services (CMS). For the deductible, UE pays the deductible amount with KSU reimbursing UE. UE will be the Responsible Reporting Entity (RRE) and