™Your Policy Risk Impact Agent
2,111 sections in this chapter.
Neb. Rev. Stat. § 44-8602 Terms, defined.
0.9K chars
For purposes of the Insured Homeowners Protection Act: (1) Residential contractor means a person in the business of contracting or offering to contract with an owner or possessor of residential real estate to: (a) Repair or replace a roof system or perform any other exterior repa…
Neb. Rev. Stat. § 44-8603 Contract to be paid from proceeds of property and casualty insurance policy; right to cancel; notice; residential contractor; duties.
2.5K chars
(1) A person who has entered into a written contract with a residential contractor to provide goods or services to be paid from the proceeds of a property and casualty insurance policy may cancel the contract prior to midnight on the later of the third business day after the pers…
Neb. Rev. Stat. § 44-8604 Residential contractor; prohibited acts.
0.5K chars
A residential contractor shall not promise to rebate any portion of an insurance deductible as an inducement to the sale of goods or services. A promise to rebate any portion of an insurance deductible includes granting any allowance or offering any discount against the fees to b…
Neb. Rev. Stat. § 44-8605 Post-loss assignment of rights or benefits; requirements; Department of Insurance; duties.
1.9K chars
(1) A post-loss assignment of rights or benefits to a residential contractor under a property and casualty insurance policy insuring residential real estate shall comply with the following: (a) The assignment may authorize a residential contractor to be named as a copayee for the…
Neb. Rev. Stat. § 44-8606 Residential contractor; furnish itemized description; contents.
0.5K chars
Prior to commencement of repair or replacement work, a residential contractor shall furnish the insured and insurer with an itemized description of the work to be done and the materials, labor, and fees for repair or replacement of the damaged residential real estate and the tota…
Neb. Rev. Stat. § 44-8607 Notice required.
1.3K chars
Any written contract, repair estimate, or work order prepared by a residential contractor to provide goods or services to be paid from the proceeds of a property and casualty insurance policy shall include the following notice of the prohibition contained in section 44-8604 in ca…
Neb. Rev. Stat. § 44-8608 Violation of act; void contract.
0.2K chars
A contract entered into with a residential contractor is void if the residential contractor violates any provision of the Insured Homeowners Protection Act.
Neb. Rev. Stat. § 44-8801 Act, how cited.
0.1K chars
Sections 44-8801 to 44-8808 shall be known and may be cited as the Health Insurance Exchange Navigator Registration Act.
Neb. Rev. Stat. § 44-8802 Terms, defined.
0.6K chars
For purposes of the Health Insurance Exchange Navigator Registration Act: (1) Director means the Director of Insurance; (2) Exchange means any health insurance exchange established or operating in this state, including any exchange established or operated by the United States Dep…
Neb. Rev. Stat. § 44-8803 Navigator; registration required; prohibited acts.
0.8K chars
(1) No individual or entity shall perform, offer to perform, or advertise any service as a navigator in this state unless registered as a navigator by the director. (2) A navigator shall not: (a) Engage in any activities that would require an insurance producer license; (b) Viola…
Neb. Rev. Stat. § 44-8804 Individual navigator registration; application; form; contents; fee; entity navigator registration; application; form; contents; fee; notice of federal action; list of employees.
1.9K chars
(1) An individual applying for an individual navigator registration shall make application to the director on a form developed by the director which, unless preempted by federal law, is accompanied by the initial individual registration fee in an amount not to exceed twenty-five …
Neb. Rev. Stat. § 44-8805 Registrations; term; renewal; application; fee; federal training and continuing education requirements.
1.2K chars
(1) Individual and entity registrations shall expire one year after the date of issuance. (2) An individual navigator may file an application for renewal of a registration on a form developed by the director and, unless preempted by federal law, shall pay the renewal fee in an am…
Neb. Rev. Stat. § 44-8806 Navigator; individual with existing health insurance coverage; information.
0.5K chars
On contact with an individual who acknowledges having existing health insurance coverage obtained through a licensed insurance producer, a navigator shall make a reasonable effort to inform the individual that he or she may, but is not required to, seek further assistance from th…
Neb. Rev. Stat. § 44-8807 Director; disciplinary actions authorized; powers to examine business affairs and records; notice; hearing.
0.9K chars
(1) The director, after notice and hearing, may place on probation, suspend, revoke, or refuse to issue, renew, or reinstate a navigator registration for violation of the Health Insurance Exchange Navigator Registration Act. (2) Except as otherwise provided by law, the director m…
Neb. Rev. Stat. § 44-8808 Rules and regulations.
0.1K chars
The director may adopt and promulgate rules and regulations to carry out the Health Insurance Exchange Navigator Registration Act.
Neb. Rev. Stat. § 44-8901 Act, how cited.
0.1K chars
Sections 44-8901 to 44-8912 shall be known and may be cited as the Standard Valuation Act.
Neb. Rev. Stat. § 44-8902 Applicability of act.
0.2K chars
Except as provided in sections 44-8905, 44-8906, and 44-8907, the Standard Valuation Act applies to those policies and contracts issued on or after the operative date of the valuation manual designated in subsection (2) of section 44-8908.
Neb. Rev. Stat. § 44-8903 Terms, defined.
2.9K chars
For the purposes of the Standard Valuation Act: (1) Accident and health insurance contract means a contract that incorporates morbidity risk and provides protection against economic loss resulting from accident, sickness, or medical conditions and as may be specified in the valua…
Neb. Rev. Stat. § 44-8904 Director; valuation of reserves; duties; powers.
0.6K chars
The director shall annually value, or cause to be valued, the reserves for all outstanding life insurance contracts, accident and health insurance contracts, and deposit-type contracts of every company issued on or after the operative date of the valuation manual. In lieu of the …
Neb. Rev. Stat. § 44-8905 Company; opinion of actuary; contents; standards; liability; confidentiality; director; powers; release of material; when.
7.4K chars
(1) Every company with outstanding life insurance contracts, accident and health insurance contracts, or deposit-type contracts in this state and subject to regulation by the director shall annually submit the opinion of the appointed actuary as to whether the reserves and relate…
Neb. Rev. Stat. § 44-8906 Minimum standard of valuation; applicability to contracts; when.
0.6K chars
For accident and health insurance contracts issued on or after the operative date of the valuation manual designated in subsection (2) of section 44-8908, the standard prescribed in the valuation manual is the minimum standard of valuation required under section 44-8904. For disa…
Neb. Rev. Stat. § 44-8907 Life insurance; standards of valuation; policies issued on or after operative date of law; reserves required.
33.2K chars
(1) This section shall apply to only those policies and contracts issued on or after the operative date defined in section 44-407.07 (the Standard Nonforfeiture Law for Life Insurance), except as otherwise provided in subsection (3) of this section for all annuities and pure endo…
Neb. Rev. Stat. § 44-8908 Valuation manual; director prescribe; designate operative date; when effective; contents; director; powers.
4.5K chars
(1) For policies issued on or after the operative date of the valuation manual designated in subsection (2) of this section, the standard prescribed in the valuation manual is the minimum standard of valuation required under section 44-8905 except as provided under subsections (5…
Neb. Rev. Stat. § 44-8909 Reserves; company; duties.
2.7K chars
(1) A company must establish reserves using a principle-based valuation that meets the following conditions for policies or contracts as specified in the valuation manual: (a) Quantify the benefits and guarantees, and the funding, associated with the contracts and their risks at …
Neb. Rev. Stat. § 44-8910 Company; submit data.
0.1K chars
A company shall submit mortality, morbidity, policyholder behavior, or expense experience and other data as prescribed in the valuation manual.
Neb. Rev. Stat. § 44-8911 Confidential information; how treated; director; powers; release of material; when.
7.1K chars
(1) For purposes of this section, confidential information means: (a) A memorandum in support of an opinion submitted under section 44-8905 and any other documents, materials, and other information, including, but not limited to, all working papers, and copies thereof, created, p…
Neb. Rev. Stat. § 44-8912 Director; exempt specific product forms or product lines; provisions applicable.
0.8K chars
(1) The director may exempt specific product forms or product lines of a domestic company that is licensed and doing business only in this state from the requirements of section 44-8908 if: (a) The director has issued an exemption in writing to the company and has not subsequentl…
Neb. Rev. Stat. § 44-9001 Act, how cited.
0.1K chars
Sections 44-9001 to 44-9011 shall be known and may be cited as the Risk Management and Own Risk and Solvency Assessment Act.
Neb. Rev. Stat. § 44-9002 Purposes of act; applicability.
0.4K chars
(1) The purposes of the Risk Management and Own Risk and Solvency Assessment Act are to provide requirements for maintaining a risk management framework and completing an own risk and solvency assessment and to provide guidance and instructions for filing an own risk and solvency…
Neb. Rev. Stat. § 44-9003 Legislative findings and declaration.
1.0K chars
The Legislature finds and declares that the own risk and solvency assessment summary report will contain confidential and sensitive information related to an insurer's or insurance group's identification of risks that is material and relevant to the insurer or insurance group fil…
Neb. Rev. Stat. § 44-9004 Terms, defined.
1.6K chars
For purposes of the Risk Management and Own Risk and Solvency Assessment Act: (1) Director means the Director of Insurance; (2) Insurance group means those insurers and affiliates included within an insurance holding company system as defined in section 44-2121; (3) Insurer has t…
Neb. Rev. Stat. § 44-9005 Risk management framework.
0.3K chars
An insurer shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing, and reporting on its material and relevant risks. This requirement is satisfied if the insurance group of which the insurer is a member maintains a risk …
Neb. Rev. Stat. § 44-9006 Own risk and solvency assessment.
0.5K chars
Subject to section 44-9008, an insurer, or the insurance group of which the insurer is a member, shall regularly conduct an own risk and solvency assessment consistent with a process comparable to the own risk and solvency assessment guidance manual. The own risk and solvency ass…
Neb. Rev. Stat. § 44-9007 Own risk and solvency assessment summary report; submission; contents; similar report accepted; when.
1.8K chars
(1) Upon the director's request, and no more than once each year, an insurer shall submit to the director an own risk and solvency assessment summary report or any combination of reports that together contain the information described in the own risk and solvency assessment guida…
Neb. Rev. Stat. § 44-9008 Act; exemptions; waiver; director; considerations; director; powers.
4.0K chars
(1) An insurer shall be exempt from the requirements of the Risk Management and Own Risk and Solvency Assessment Act if: (a) The insurer has annual direct written and unaffiliated assumed premium, including international direct and assumed premium but excluding premiums reinsured…
Neb. Rev. Stat. § 44-9009 Own risk and solvency assessment summary report; documentation and supporting information.
0.6K chars
(1) An own risk and solvency assessment summary report shall be prepared consistent with the own risk and solvency assessment guidance manual, subject to the requirements of subsection (2) of this section. Documentation and supporting information shall be maintained and made avai…
Neb. Rev. Stat. § 44-901 Act, how cited.
0.1K chars
Sections 44-901 to 44-925 shall be known and may be cited as the Privacy of Insurance Consumer Information Act.
Neb. Rev. Stat. § 44-9010 Confidentiality; director; powers; sharing and use of information; written agreement; contents.
7.0K chars
(1) Documents, materials, or other information, including the own risk and solvency assessment summary report, in the possession or control of the director that are obtained by, created by, or disclosed to the director or any other person under the Risk Management and Own Risk an…
Neb. Rev. Stat. § 44-9011 Failure to file own risk and solvency assessment summary report; penalty.
0.7K chars
Any insurer failing, without just cause, to timely file its own risk and solvency assessment summary report as required in the Risk Management and Own Risk and Solvency Assessment Act shall be required, after notice and hearing, to pay a penalty of not to exceed two hundred dolla…
Neb. Rev. Stat. § 44-902 Act; applicability.
1.5K chars
(1) The Privacy of Insurance Consumer Information Act governs the treatment of nonpublic personal health information and nonpublic personal financial information about individuals by all licensees of the Department of Insurance. The act: (a) Requires a licensee to provide notice …
Neb. Rev. Stat. § 44-903 Terms, defined.
13.5K chars
For purposes of the Privacy of Insurance Consumer Information Act: (1) Affiliate means any company that controls, is controlled by, or is under common control with another company; (2) Clear and conspicuous means that a notice is reasonably understandable and designed to call att…
Neb. Rev. Stat. § 44-904 Initial privacy notice to consumers; when required.
4.3K chars
(1) A licensee shall provide a clear and conspicuous notice that accurately reflects its privacy policies and practices to: (a) An individual who becomes the licensee's customer, not later than when the licensee establishes a customer relationship, except as provided in subsectio…
Neb. Rev. Stat. § 44-905 Annual privacy notice to consumers; when required.
2.6K chars
(1) A licensee shall provide a clear and conspicuous notice to customers that accurately reflects its privacy policies and practices not less than annually during the continuation of the customer relationship. For purposes of this subsection, annually means at least once in any p…
Neb. Rev. Stat. § 44-906 Privacy notices; requirements.
4.8K chars
(1) The initial, annual, and revised privacy notices that a licensee provides under sections 44-904, 44-905, and 44-908 shall include each of the following items of information, in addition to any other information the licensee wishes to provide, that applies to the licensee and …
Neb. Rev. Stat. § 44-907 Opt out notice and methods.
3.3K chars
(1) If a licensee is required to provide an opt out notice under subsection (1) of section 44-910, it shall provide a clear and conspicuous notice to each of its consumers that accurately explains the right to opt out under that section. The notice shall state: (a) That the licen…
Neb. Rev. Stat. § 44-908 Revised privacy notice; when required.
0.9K chars
(1) Except as otherwise authorized in the Privacy of Insurance Consumer Information Act, a licensee shall not, directly or through an affiliate, disclose any nonpublic personal financial information about a consumer to a nonaffiliated third party other than as described in the in…
Neb. Rev. Stat. § 44-909 Delivery; actual notice; when.
3.7K chars
(1) A licensee shall provide any notices that the Privacy of Insurance Consumer Information Act requires so that each consumer can reasonably be expected to receive actual notice in writing or, if the consumer agrees, electronically. (2)(a) A licensee may reasonably expect that a…
Neb. Rev. Stat. § 44-910 Disclosure of financial information to nonaffiliated third party; when.
2.8K chars
(1)(a) Except as otherwise authorized in the Privacy of Insurance Consumer Information Act, a licensee may not, directly or through any affiliate, disclose any nonpublic personal financial information about a consumer to a nonaffiliated third party unless: (i) The licensee has pr…
Neb. Rev. Stat. § 44-9101 Act, how cited.
0.1K chars
Sections 44-9101 to 44-9109 shall be known and may be cited as the Corporate Governance Annual Disclosure Act.
Neb. Rev. Stat. § 44-9102 Purposes of act.
1.3K chars
(1) The purposes of the Corporate Governance Annual Disclosure Act are to: (a) Provide the director a summary of an insurer’s or insurance group’s corporate governance structure, policies, and practices to permit the director to gain and maintain an understanding of the insurer’s…