Notice - Reduction of Fees for Insurance Producers and Insurance Consultant Licenses
TO: All Individual Insurance Producers and Insurance Consultants
FROM: Bruce R. Ramge, CPCU, CIE Director of Insurance
SUBJECT: Reduction of Fees for Insurance Producer and Insurance Consultant Licenses
The Nebraska Department of Insurance continues to review insurance regulatory processes to Grow Nebraska by creating opportunity through more effective, more efficient, and customer focused state government.
Utilizing technology deployed by the National Association of Insurance Commissioners such as State-Based Systems and the National Insurance Producer Registry, the Department has realized efficiencies in the area of insurance producer licensing leading to both reduced processing times and departmental cost savings.
As a result of the realized savings, effective January 1, 2017, the Department will reduce both licensing fees and the biennial renewal fees from $60 to $50 for individual insurance producer and insurance consultant licenses. Department Bulletin CB-38, “Schedule of Fees”, will be amended to reflect this change closer to the effective date.
Questions concerning this fee reduction notice may be directed to Kevin Schlautman, Insurance Licensing Administrator at email@example.com or (402) 471-4707.