The Nebraska Surplus Lines Insurance Act has been recently revised. Please note that these statutory changes have implications to the reporting requirements of all surplus lines policies. At a minimum, you should be aware of changes in filing dates, rates, forms to be utilized, dates of payment, and which policies are reportable to the State of Nebraska Department of Insurance (“Department”).
People with Medicare need to enroll in a prescription drug plan earlier this year. According to the Nebraska Department of Insurance, the open enrollment period for Medicare Part D now occurs from October 15, 2011 through December 7, 2011.
There has never been a better time to find out about Medicare coverage. Whether you have Original Medicare or a Medicare Advantage plan, there are several new benefits including lower prescription costs, wellness visits, and preventive care. People who take advantage of open enrollment may be able to save money and get improved coverage.
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.
Questionnaire to focus on health insurance exchanges
To: All Property and Casualty Insurers and Producers
Nebraska has a number of disaster areas related to the recent flooding. Numerous individual residences and businesses are located in evacuation zones. Leaving personal property in areas that either are or potentially are in evacuation zones increases the risk that the personal property will be subject to covered perils such as fire, theft and vandalism.
To: The Insurance Company Addressed
The enclosed annual renewal billing statement reflects the producers’ appointments renewed on behalf of your company for the 2011-2012-license year. You may not add or delete names to/from the billing statement.
To: All Companies Writing Health Insurance in Nebraska
With the passage of LB 72, the Nebraska Legislature created Neb.Rev.Stat. §44- 710.03(13) which states the following:
A provision as follows: CONFORMITY WITH STATE AND FEDERAL LAW: Any provision of this policy which, on its effective date, is in conflict with the law of federal government or the state in which the insured resides on such date is hereby amended to conform to the minimum requirements of such law.
To: All Companies Writing Health Insurance in Nebraska
The Nebraska Department of Insurance has received inquiries asking whether an insurer can collect fees on behalf of an insurance consultant from a new insured if the insurance business is placed by an insurance consultant. The insurer would hold the fees for eventual disbursement to the insurance consultant. The answer to this question is no.
