Annual Filing Requirements, Premium Taxes and Fees

Annual Filing Requirements

Premium Tax

All insurance companies licensed in Nebraska at any time during the tax year are required to pay a tax on the gross amount of direct written premiums. Licensed companies who transacted no insurance business in the State during the tax year are still required to file. Insurers whose annual tax due is four thousand dollars or more are required to file quarterly pre-payments. Premium taxes are retaliatory per Neb. Rev. Stat § 77-908, Neb. Rev. Stat. § 77-918, Neb. Rev. Stat. § 44-150

  • Due Date - Annual returns are due to the Department on or before March 1. Quarterly returns are due on April 15, June 15, and September 15
  • Tax Return - 0.25% for Captive Insurers, 0.5% for Group Accident & Health, and 1.0% for all other premiums
  • How to File - The Department requires all companies to file premium tax online through OPTins. More information regarding OPTins can be found here. Nebraska Assessment Associations and Intergovernmental Pools may still file with a hard copy. 

 

Domestic Assessment Companies


Assessment Companies are not required to file annual/quarterly premium tax online. The Department will still accept hard-copy filings from these companies. 

 

Domestic Intergovernmental Pools


Pools are not required to file annual/quarterly premium tax online. The Department will still accept hard-copy filings from these companies. 

 

Fraternal Benefit Organizations


Fraternal Benefit Organizations are exempt from paying premium tax; however, they must still file an annual premium tax return. Annual filing fees are collected on the premium tax return. 

All Other Company Types


Additional information regarding the filing of annual premium tax returns can be found here. 

Annual Statement Checklists

Please select your company type from the following list. Within each company type will be the annual filing checklist. If you do not find your line of insurance, please contact the department at jillian.sweeney@nebraska.gov 

Property and Casualty Insurer


Property & Casualty Insurers Checklist

 

Health Maintenance Organization or Life and Health Insurer


Health Insurers Checklist

Life, Accident and Health/Fraternal Insurers Checklist

 

Title Insurers, Risk Retention Groups


Title Insurers Checklist

 

Fraternal Companies


Life, Accident and Health/Fraternal Insurers Checklist

 

Supplemental Compensation Exhibits

Per Neb. Rev. Stat. § 44-322, all insurance companies licensed in Nebraska must file the Supplemental Compensation Exhibit with the Department of Insurance on or before March 1st. Please refer to the Nebraska Legislature for the complete statute

  • What is the Supplemental Compensation Exhibit?
    • The exhibit is a salary and compensation schedule of a company's top directors, executives, and officers. 
       
  • When is the filing due?
    • The Supplemental Compensation Exhibit must be received by the Nebraska Department of Insurance on or before March 1st for the preceding calendar year. Filings not received by March 1st are subject to a fine of $100 per day. 
       
  • Who must file the Supplemental Compensation Exhibit?
    • All insurance companies licensed to do business in the state of Nebraska, including domestic and foreign companies. The filing is not required from Risk Retention Groups, Insurance Pools, or Advisory Organizations. 
       
  • What if a company has no directors, executives, officers, or employees?
    • A company without directors, executives, officers, or employees is still required to file the exhibit. Please mark "NONE" or "0" in each section and answer all questions where applicable. 
       
  • ​​​What form should be used and where are the instructions to complete this filing?
    • All insurers must complete the Supplemental Compensation Exhibit form adopted by the National Association of Insurance Commissioners (NAIC). Please refer to the NAIC for a copy of the form and instructions: NAIC
       
  • How to file:
    • Please file separately from the Annual Statement and Premium Tax filings. 
    • Submit via email to doi.compexhibit@nebraska.gov. The Department of Insurance no longer accepts this filing by mail. 
    • We strongly suggest that the PDF not be encrypted. Please contact Jillian Sweeney at jillian.sweeney@nebraska.gov with any questions.
       
  • Is the Supplemental Compensation Exhibit a confidential filing?

Fees

The NDOI's Schedule of Fees is noted below, and all companies and licensees must remit on a retaliatory fee basis.

Description

Amount Due

Pre-admission Review of Documents of a Foreign Insurer, Organization, Fraternal Benefit Society and Licensing of a Domestic Insurer (not an Assessment Association) - §44-114(1) $1,000.00
Admission fees for Domestic, Foreign, or Alien Insurers, Statistical Agents, Fraternal Benefit Society, or Advisory Organizations - §44-114(1) $300.00
Renewal of Certificate of Authority - Domestic and Foreign Insurers, Statistical Agents, Fraternal Benefit Society, or Advisory Organizations - §44-114(4) $100.00
Renewal of Certificate of Authority - Domestic Assessment Associations doing business in less than 31 counties or more than 31 counties - §44-114(4)

>31 counties - $20.00

<31 counties - $100.00

Renewal of Certificate of Authority - Fraternal Benefit Society - §44-1098 $50.00
Amended Certificate of Authority - §44-114(5) $100.00
Filing of Annual Statements - §44-114(7) $200.00
Filing Certified Copies of Articles of Merger of Licensed Company - §44-114(6) $50.00
Filing each Amendment to Articles of Incorporation - §44-114(2) $20.00
Filing Restated Articles of Incorporation - §44-114(3) $20.00
Holding Company Fees - §44-114(3)  
Form A Filing $1,000.00
Form B (Initial filing) $1,000.00
Annual Renewal fee $200.00
Application of Domestic Mutual Insurer to Convert to a Stock Insurer - §44-6105 $1,000.00
Organization and Admission fees for Risk Management Pool (intergovernmental, certificate of authority - §44-4307) $1,000.00
Third-Party Administrator   
Admission fee/Certificate of Authority - §44-5812(2) $200.00
Annual Renewal fee - §44-7613 $200.00
Multiple Employer Welfare Arrangement  
Application/Initial Licensing fee - §44-7605 $1,000.00
Annual Renewal fee - §44-7613 $200.00
Captive Insurer  
Application/Initial Licensing fee - §44-8205 $500.00
Annual Renewal fee - §44-8207 $500.00
Unincorporated Mutual Association Report - §44-114(9) None
Reinsurance Intermediary Licensee - §44-5603(6)(a),(6)(b)(ii) $250.00
Utilization Review  
Certificate of Authority - §44-5420(1) $300.00
Annual Renewal of Certificate of Authority - §44-5424(1) $100.00
Viatical Settlement Provider  
Initial Application/License - §44-1103(2) $1,000.00
Annual Statement Filing fee - §44-114(7) $200.00
Annual Renewal fee - §44-1103(3) $100.00

 

Online Filing Portal - DOMESTIC ONLY

Insurance Company Fraud Contact Form

The Insurance Fraud Prevention Division (IFPD) requests your assistance in updating and expanding the IFPD's list of current contacts responsible for investigating insurance fraud cases involving your company. Please complete the form in the link below and return it to doi.fraudprevention@nebraska.gov by annually March 1.

Insurance Company Fraud Contact Form