NOTICE OF HEARING – Chapter 88, Corporate Governance Annual Disclosure

The Director of the Department of Insurance has scheduled a public hearing as required by Neb. Rev. Stat. §§ 84-901 to 84-920 for the proposed adoption of Title 210, Nebraska Administrative Code, Chapter 88, Corporate Governance Annual Discloser. The proposed regulation adopts implements the recently enacted Corporate Governance Annual Disclosure Act. Specifically the proposed regulation outlines how domestic insurers and insurer groups should file their corporate governance annual discloser and what information should be included.

The proposed amendment will affect all Nebraska domestic insurers and insurer groups. There is no fiscal impact to the Department of Insurance, political subdivisions, or regulated public due to the proposed adoption of Chapter 88.

Copies of Chapter 88 are available for public examination at the Department of Insurance, 941 "O" Street, Suite 400, Lincoln, NE 68508, as well as the Office of the Secretary of State, Capitol Building, Room 343, Lincoln, NE 68509, the Secretary of State's website at www.sos.nebraska.gov and through the Department of Insurance's website at www.doi.nebraska.gov. A copy of the Fiscal Impact Statement is available at the Department of Insurance and at the Department's website www.doi.nebraska.gov. All persons interested in presenting oral or written views on the proposed amendment of Chapter 88 will be granted an opportunity at a hearing to be held before the Director of Insurance, beginning at 10:00 a.m. the 13th day of July, 2016. Said hearing will be held in the 5th Floor Conference Room of the Terminal Building at 941 "O" Street, Lincoln, NE 68508. Interested persons may submit written comment to the Department before the date of the hearing, which will be entered into the record.

Reasonable accommodations will be provided to persons with disabilities upon advanced request. The hearing will be transcribed at the request of any party with the expense of the transcription charged to the requesting party.

All persons interested therein may appear at said time and be heard in reference thereto.

Dated this 8 day of June, 2016.

 

Signed Notice