NAIC Helps Military Research, Recover Life Insurance Compensation

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$2.3 Million Still Unclaimed Under Multistate Agreement

WASHINGTON, D.C. (April 23, 2009) — The National Association of Insurance Commissioners (NAIC) today released a new tool at www.naic.org to help military servicemembers research and recover compensation resulting from a 2006 multistate regulatory settlement agreement over life insurance sales practices to the military.

NOTICE OF HEARING - Chapter 36 -- Regulation to Implement the Medicare Supplement Insurance Minimum Standards

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The Director of the Department of Insurance has scheduled a public hearing as required by Neb. Rev. Stat. §84-901 to §84-909 for the proposed amendment of Title 210, Nebraska Administrative Code, Chapter 36, Regulation to Implement the Medicare Supplement Insurance Minimum Standards.

NOTICE OF HEARING - Chapter 71 -- Valuation of Life Insurance Policies Regulation

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The Director of the Department of Insurance has scheduled a public hearing as required by Neb. Rev. Stat. §84-901 to §84-909 for the proposed amendment of Title 210, Nebraska Administrative Code, Chapter 71, Valuation of Life Insurance Policies Regulation.

Nationwide Scam Targets Insurance Producers and Brokers

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The Insurance Fraud Prevention Division of the Nebraska Department of Insurance received information from brokers regarding a scam involving a California-based company targeting unsuspected victims nationwide. An investigation has begun and Nebraskans are asked to contact the division if they have had contacts similar to the following description.

NOTICE - Renewal of Producers' Appointments for 2009-2010

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All active producers’ appointments will be automatically renewed May 1, 2009, unless canceled by the insurance company prior to April 15, 2009. Therefore, if you plan to terminate a producer’s appointment, be sure to mail the cancellation form or terminate the appointment through the Producer Database in time to reach the Department before the deadline date.

NOTICE OF HEARING - Chapter 85 -- Health, Dental, Accident, and Life Insurance Under the Intergovernmental Risk Management Act

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The Director of the Department of Insurance has scheduled a public hearing as required by Neb. Rev. Stat. §84-901 to §84-909 for the proposed adoption of Title 210, Nebraska Administrative Code, Chapter 85 -- HEALTH, DENTAL, ACCIDENT, AND LIFE INSURANCE UNDER THE INTERGOVERNMENTAL RISK MANAGEMENT ACT. The proposed rule implements the provisions of Neb. Rev. Stat. §§44-4308 and 44-4314 granting the Director of Insurance rulemaking authority to adopt and promulgate rules and regulations.