(A) The license fee imposed upon each insurance company which issues any insurance policy which is not a life insurance policy shall be five percent (5%) of the premiums actually collected within each calendar quarter by reason of the issuance of such policies on risks located within the corporate limits of the city on those classes of business which such company is authorized to transact, less all premiums returned to policyholders.
(B) No license fee or tax imposed under this section shall apply to premiums:
(1) Received on policies of group health insurance provided for state employees under KRS 18A.225;
(2) Received on policies insuring employers against liability for personal injuries to their employees or the death of their employees caused thereby, under the provisions of KRS Chapter 342;
(3) Received on health insurance policies issued to individuals;
(4) Received on policies issued through Kentucky Access created in KRS Chapter 304, Subtitle 17B;
(5) Received on policies for high deductible health plans as defined in 26 U.S.C. § 223(c)(2);
(6) Received on multi-state surplus lines, defined as non-admitted insurance as provided in Title V, Subtitle B, the Non-Admitted and Reinsurance Reform Act of 2010, of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. No. 111-203;
(7) Paid to insurance companies or surplus lines brokers by nonprofit self-insurance groups or self-insurance entities whose membership consists of school districts; or
(8) Paid to insurance companies or surplus lines brokers by nonprofit self-insurance groups or self-insurance entities whose membership consists of cities, counties, charter county governments, urban-county governments, consolidated local governments, unified local governments, school districts, or any other political subdivisions of the Commonwealth.
(KRS 91A.080(3), (10))