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ALLEN v. LAWYERS MUT. INS. CO. OF KENTUCKY

No. 2005-CA-002397-MR.

216 S.W.3d 657 (2007)

David B. ALLEN, Appellant, v. LAWYERS MUTUAL INSURANCE COMPANY OF KENTUCKY, Appellee.

Court of Appeals of Kentucky.

February 16, 2007.

Attorney(s) appearing for the Case

David B. Allen, Versailles, KY, Pro Se.

D. Duane Cook, Stamping Ground, KY, for Appellee.

Before ABRAMSON, Judge; HUDDLESTON and KNOPF, Senior Judges.

OPINION

WILLIAM L. KNOPF, Senior Judge (Assigned).

In 1987, appellee Lawyers Mutual Insurance Company began issuing 6% Subordinated Surplus Certificates, Series A, as a means of raising capital to enable the company to operate as a mutual insurance company offering professional liability insurance to Kentucky lawyers. Every lawyer insured by Lawyers Mutual was required to purchase one of the Surplus Certificates ("certificate") as a condition precedent...

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