NOTICE OF ADOPTION- Chapter 84 Model Regulation Permitting the Recognition of Preferred Mortality Tables for Use in Determining Minimum Reserve Liabilities

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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.

NOTICE - Unauthorized e-mail from Lincoln Memorial Life Insurance Company, Memorial Service Life Insurance Company, and National Prearranged Services, Inc. (NPS)

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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.

NOTICE OF ADOPTION- Chapter 38, Continuing Education of Insurance Producers and Consultants and Chapter 67, Prelicensing Education Requirements

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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 Awareness Week

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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.

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.