The Director of the State of Nebraska Department of Insurance has scheduled a public hearing as required by Neb. Rev. Stat. §44-4227 on a proposed rate adjustment of the Nebraska Comprehensive Health Insurance Pool premium rates. The purpose of this hearing is to provide an opportunity for public comment on the proposed rate adjustment.
Chapter 86 of the Insurance Department Rules has now been filed with the Secretary of State for adoption.
Chapter 86 entitled, “REGULATION TO IMPLEMENT THE AMERICAN RECOVERY AND REINVESTMENT ACT FOR PURPOSES OF CONTINUATION OF COVERAGE FOR SMALL GROUP INSURANCE,” was created to allow insureds in employer groups in the small group market to obtain a subsidy for continuation of coverage if they are involuntarily terminated. The rule was filed with the Secretary of State on July 14, 2009, with an implementation date of July 19, 2009.
Chapter 84 of the Insurance Department Rules and Regulations was filed with the Secretary of State for adoption on July 6, 2009, with an implementation date of July 11, 2009.
The Nebraska Department of Insurance and the Special Deputy Receiver (SDR) for Lincoln Memorial Life Insurance Company, Memorial Service Life Insurance Company, and National Prearranged Services, Inc. (NPS) recently became aware of an unauthorized e-mail message seeking personal banking information to facilitate claims processing. The unauthorized e-mail is not from, nor authorized by, the SDR as the SDR’s office does not request or accept personal banking information via e-mail or telephone.
Chapter 36 of the Insurance Department Rules was filed with the Secretary of State for adoption on June 18, 2009, with an implementation date of June 23, 2009.
Chapter 71 of the Insurance Department Rules was filed with the Secretary of State for adoption on June 18, 2009, with an implementation date of June 23, 2009.
Chapter 85 of the Insurance Department Rules has now been filed with the Secretary of State for adoption.
Amendments to Chapters 38 and 67 of the Insurance Department Rules were filed with the Secretary of State for adoption on April 30, 2008, with an effective date of May 5, 2009.
Insurance fraud comes in many forms: arson, staged accidents, owner give-ups, falsified or exaggerated injuries, and healthcare fraud just to name a few. The fact is any form of insurance fraud is a serious crime and it costs consumers billions of dollars annually. Nebraska Governor Dave Heineman recognized the negative financial and emotional impact insurance fraud has caused the citizens of Nebraska by proclaiming April 26th – May 2nd “Insurance Fraud Awareness Week” in the Sate of Nebraska.
$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.
