Company Licensing & Registration

Nebraska utilizes the NAIC Certificate of Authority Application ("UCAA") Corporate Amendment for the filing of company changes for foreign insurers authorized to do business in the state. Nebraska prefers all information related to the corporate amendment be uploaded electronically to the UCAA, including biographical affidavits if applicable. 

• Application - The UCAA and related information can be found at this link
   
• Fees - A list of Department fees associated with the Corporate Amendment can be found here and are retaliatory per Neb. Rev. Stat. § 44-150. The fees can be paid through our online payment portal. Select UCAA fees, Corporate Amendment, and upload a copy of the 2C
   
• Contact - Questions regarding corporate amendments can be directed to doi.companylicensing@nebraska.gov 

Companies wishing to operate as an Advisory Organization in Nebraska are required to have a Certificate of Authority ("CoA") to do so. 

• Application - There is no fee for the CoA application, requirements are listed in Neb. Rev. Stat. § 44-7523. Complete the application and submit it and the information requested electronically to doi.companylicensing@nebraska.gov
     

• Annual Requirements - Advisory Organization CoA's expire annually on April 30. The renewal fee is $100 and should be submitted through the Department's online portal. The renewal and payment should be received by the Department on or before April 1 of each year. 
   

• Statutory Reference - Neb. Rev. Stat. § 44-7522
   

• Contact - Questions regarding licensing or renewing Advisory Organizations can be directed to doi.companylicensing@nebraska.gov

Multiple Employer Welfare Arrangements ("MEWA") if they meet the definition under 29 U.S.C. 1002 and are sponsored by an association of employers that offer a health benefit plan that is not fully insured.

• Application - There is a $1,000 application fee that can be paid when submitting the application. The application should be submitted through the Department's online portal. Application requirements are listed here and Neb. Rev. Stat. § 44-7605. 
   
• Annual Requirements - The renewal fee is $200 and should be submitted through the Department's online portal. The renewal and payment should be submitted to the Department within 90 days of the end of the fiscal year or no later than March 31. Additional information regarding the renewal can be found in Neb. Rev. Stat. § 44-7613. You will need to complete the renewal form and attach financial statements (balance sheet and income statement), actuary reports, and compliance reports.
   
• Statutory Reference - Multiple Employer Welfare Arrangement Act
   
• Contact - Questions regarding the licensing or renewal of MEWA's can be directed to doi.companylicensing@nebraska.gov

Purchasing Groups ("PG") in Nebraska are required to be registered with the Department of Insurance. A PG is defined in Neb. Rev. Stat. § 44-4403. 

• Application - There is a $100 registration fee that can be paid when submitting the application. The application should be submitted through the Department's online portal. Application requirements are listed here and Neb. Rev. Stat § 44-4417.
   

• Annual Requirements - The renewal fee is $100 and should be submitted through the Department's online portal. The renewal and payment should be submitted to the Department on or before October 1. Additional information regarding the renewal can be found here and Neb. Rev. Stat. § 44-4417 which can be accessed via the statutory reference link below.
   

• Statutory Reference - Neb. Rev. Stat. § 44-4416 to 44-4418.01
   
• NAIC Model Risk Retention Act
   
• Contact - Questions regarding the licensing or renewal of PG's can be directed to doi.companylicensing@nebraska.gov

Third Party Administrators ("TPA") in Nebraska are required to have a certificate of authority ("CoA") to do so. A TPA is defined in Neb. Rev. Stat. § 44-5802. 

• Application - There is a $200 application fee that can be paid when submitting the application. The application should be submitted through the Department's online portal. Additional information regarding completing the application can be found here and Neb. Rev. Stat. § 44-5812. 
   

• Annual Requirements - An annual statement and $200 filing fee is required to be submitted to the Department no late than March 1. The fee can be paid when submitting the Annual Statement. The statement form can be accessed through the Department's online portal. Additional information can be found here. 
   

• Statutory Reference - Neb. Rev. Stat. § 44-5801 - 44-5816
   
• Contact - Questions regarding the licensing or renewal of TPA's can be directed to doi.companylicensing@nebraska.gov

Discount Medical Plan Organizations ("DMPO") in Nebraska are required to have a certificate of authority ("CoA") to do so. A DMPO is defined in Neb. Rev. Stat. § 44-8303. 

• Application - There is a $500 registration fee that can be paid when submitting the application. The application should be submitted through the Department's online portal. Application requirements and a sample application can be found here and Neb. Rev. Stat. § 44-8306 which can be accessed via the statutory reference link below.
   

• Annual Requirement - The renewal fee is $300 and should be submitted through the Department's online portal. The renewal and payment should be submitted to the Department on or before April 1. Additional information regarding the renewal and a sample form can be found here and Neb. Rev. Stat. § 44-8306 which can be accessed via the statutory reference link below.

• Statutory Reference - Discount Medical Plan Organization Act
   
• Contact - Questions regarding the licensing or renewal of DMPO's can be directed to doi.companylicensing@nebraska.gov

Pre-Paid Limited Health Service Organization ("PLHSO") in Nebraska are required to have a certificate of authority ("CoA") to do so. A PLHSO is defined in Neb. Rev. Stat. § 44-4702. 

• Application - The application fee is $100. Information regarding the application for a PLHSO can be found at Neb. Rev. Stat. § 44-4704 which can be access via the statutory reference link below. 
   
• Annual Requirement - There is no CoA renewal fee; however, there is a $50 annual statement filing fee which is collected with the annual premium tax filing. Annual Premium tax returns are required to be filed with the Department on or before March 1. Additional information regarding the premium tax filing can be found here. 
   
• Statutory Reference - Prepaid Limited Health Service Organization Act
   
• Contact - Questions regarding the licensing or renewal of PLHSO's can be directed to doi.companylicensing@nebraska.gov

No individual or company shall make or offer to make any pre-need burial trusts sales without first obtaining a pre-need agent or seller license from the Nebraska Department of Insurance ("Department"). 
 

• Application - An annual report is required to be submitted to the Department along with a $50 fee no later than June 1 of each year. The annual statement and fee can be submitted via the online portal, Individual Trust and Master Trust. The Department will also accept hard copy statement, Individual Trust and Master Trust, with a check made payable to the Nebraska Department of Insurance.
   

• Annual Filing Requirements - Neb. Rev. Stat. § 12-1110
   
• Statutory Reference - Burial Pre-Need Sale Act

All foreign and domestic insurers are required to hold on deposit at least $100,000. HMO's are required to hold $300,000 according to Neb. Rev. Stat. § 44-319.02 and Neb. Rev. Stat. § 44-319.06. 

• Steps for Obtaining a deposit:

  • ​1. Contact one of the depository banks on the list below and arrange to purchase securities for depository purposes. Be sure to advise the bank that this is to be pledged to the Nebraska Department of Insurance ("Department")
     

  • 2. The Securities Control Agreement must also be completed and signed by company, bank, and the Department
     

  • 3. The securities pledged must be in the name of the company and the Department 
     

  • 4. The securities that are most often pledged are U.S. Treasury Notes, however, any security which is registered in the NAIC Valuations of Securities Database will be acceptable. Pursuant to Neb. Rev. Stat. § 44-150 the required amount for security deposits is subject to retaliation. The security being used to fund the deposit must be approved by the Department prior to being purchased. 
     

  • 5. Upon completion of the purchase, the bank is required to send to the Department the pledge receipt which gives a description of the security including the maturity date, rate and amount and indicating the security is pledged to the Department. 
     

  • 6. The Department will send to the company a Nebraska Departmental receipt, which the company will maintain until the securities are to be released. The Department will also send the company a Certificate of Deposit. 
     

  • 7. When the company wishes to release the securities, they must return the Departmental receipt to our office for authorization of release to the bank. This can be sent electronically to doi.statutorydeposits@nebraska.gov. The Department will then forward to the bank the safekeeping receipt or joint custody trust receipt authorizing the release of the securities. 
     

• ​ ​Listing of authorized depositories
   

• Insurers Investment Act