Chapter 55 of the Insurance Department Rules and Regulations was filed with the Secretary of State on August 17, 2010, with an implementation date of January 1, 2011.
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. Chapter 71 established a methodology using X factors (mortality adjustments) in the deficiency reserve calculation that allows life insurers to adjust the standard valuation mortality to mortality that more closely approximates the expected mortality experience for their policies subject to this regulation.
Chapter 69 of the Insurance Department Rules and Regulations has now been filed with the Secretary of State for adoption.
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.
Nebraska’s severe weather and tornado season brings with it possible threats of damaging winds, pelting hail, or water damage that can cause hundreds of dollars of damage to homes and property across the state.
“Knowing what to do after severe weather hits can help keep your family and property safe,” stated Director of Insurance, Ann Frohman. In addition to her staff being available to assist with answering insurance-related questions, Director Frohman also offers the following tips for those affected by weather-related damages:
The Director of the Department of Insurance has scheduled a public hearing as required by NEB. REV. STAT. §§ 84-901 through 84-909 for the proposed amendment of Title 210, Nebraska Administrative Code, Chapter 55 – Rule to Define Standards and Director’s Authority for Companies Deemed to be in Hazardous Financial Condition.
On May 3, 2010, the Nebraska Department of Insurance filed a Summary Order to Cease and Desist against American Trade Association, Smart Data Solutions LLC, Serve America Assurance, and numerous other entities and individuals requiring them to immediately CEASE AND DESIST from issuing, making, providing, selling or offering, either directly or indirectly, insurance benefits in the State of Nebraska which are not insured by an insurer licensed to transact insurance in the state.
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 69, Actuarial Opinion and Memorandum Regulation.
The enclosed annual renewal billing statement reflects the producers’ appointments renewed on behalf of your company for the 2010-2011-license year. You may not add or delete names to/from the billing statement.
Our records indicate that you currently hold a Producer – Trip Insurance license in the state of Nebraska.
A recent review of our producer licensing lines of authority has resulted in us changing the license type, Producer – Trip Insurance, to a line of authority listed under a producer license. Currently, a producer authorized to sell, solicit, or negotiate travel insurance is issued a Producer – Trip Insurance license which is inconsistent with the issuance of producer license types and lines of authority.
