NOTICE OF ADOPTION - Chapter 58, Motor Vehicle Service Contract Reimbursement Insurance
To: All Motor Vehicle Service Contract Providers and Motor Vehicle Service; Contract Reimbursement Insurers
Amendments to Chapter 58 of the Insurance Department Rules and Regulations were filed with the Secretary of State for adoption on October 3, 2012, with an effective date of October 8, 2012.
Chapter 58 entitled, “Motor Vehicle Service Contract Reimbursement Insurance” was amended to update the filing procedure for motor vehicle service contract providers and reimbursement insurers. Under the amended regulation, only the motor vehicle service contract provider is responsible for filing one copy of the motor vehicle service contract, one copy of the corresponding reimbursement policy, and one copy of the Notice of Filing form. This form is available on the Department’s website, www.doi.ne.gov.
Additionally, the amendment clarifies the Department’s definition of “conspicuously” as it applies to the motor vehicle service contract disclosure requirements. This is not a change in policy, but merely a codification of the Department’s definition of “conspicuously,” which has previously been outlined in Department Bulletin CB-106.
Copies of Chapter 58 may be obtained by forwarding a check in the amount of $1.50 for each copy requested, made payable to the Nebraska Department of Insurance, 941 O Street, Suite 400, Lincoln, Nebraska 68508. Copies can also be obtained through the Department’s website at www.doi.ne.gov. Any questions concerning Chapter 58 should be directed to Matthew W. Holman.