ClearPath Mutual

th. ClearPath Mutual has approximately 7,300 policyholders and nearly $60 million in premiums, making it one of the largest and most financially stable providers of workers’ compensation in Kentucky. Its policyholders pay a premium based on their exposures, classification codes, payroll, and experience modification. Premiums are then used to pay claims and administrative expenses, such as loss prevention services and legal, actuarial, and management costs. ClearPath Mutual is governed by a member-elected Board of Directors which closely monitors the company’s activities. The company is regulated by the Kentucky Department of Insurance, which performs periodic comprehensive audits.