KY., AIK COMP REACH AGREEMENT

The rehabilitation of failed workers’ compensation self-insured group AIK Comp has taken a step toward resolution in Frankfort, Ky., under a tentative agreement reached through court-ordered mediation. At issue had been the plan of reorganization and the method used to arrive at member assessments.

Some of the involved parties, including rehabilitator Glenn Jennings and attorneys from five of the law firms who represent a large number of group members, appeared in Franklin Circuit Court to present the tentative plan to Judge William L. Graham.