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2,111 sections in this chapter.
Neb. Rev. Stat. § 44-9310 Rules and regulations.
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The department may adopt and promulgate rules and regulations to carry out the Travel Insurance Act.
Neb. Rev. Stat. § 44-9401 Act, how cited.
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Sections 44-9401 to 44-9410 shall be known and may be cited as the Insurance Regulatory Sandbox Act.
Neb. Rev. Stat. § 44-9402 Purpose of act.
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The purpose of the Insurance Regulatory Sandbox Act is to create a regulatory sandbox program under the Department of Insurance which allows a participant to temporarily test innovative insurance products or services on a limited basis without otherwise being licensed or authoriz…
Neb. Rev. Stat. § 44-9403 Terms, defined.
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For purposes of the Insurance Regulatory Sandbox Act: (1) Applicable agency means a department or agency of the state that, by law, regulates certain types of insurance-related business activity in the state and persons engaged in such insurance-related business activity. This in…
Neb. Rev. Stat. § 44-9404 Regulatory sandbox program; department; powers and duties; application; requirements; limitations; procedure; confidentiality; deadline.
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(1) The department shall create and administer a regulatory sandbox program that enables a person to obtain limited access to the market in the state to test an innovative insurance product or service without obtaining a license or without regard to other provisions of Chapter 44…
Neb. Rev. Stat. § 44-9405 Sandbox participant; deadline; conditions on participation; scope; department; duties; immunity.
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(1) If the department approves an application under section 44-9404, the sandbox participant has twelve months after the day on which the application was approved to test the innovative insurance product or service described in the sandbox participant's application. (2) A sandbox…
Neb. Rev. Stat. § 44-9406 Disclosures to consumers; required; when; manner.
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(1) Prior to the sale of an innovative insurance product or service to a consumer, the sandbox participant shall disclose the following to the consumer in a clear and conspicuous format in English and Spanish: (a) The name and contact information of the sandbox participant; (b) T…
Neb. Rev. Stat. § 44-9407 Sandbox testing period; termination or extension; requirements.
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(1) At least thirty days before the end of the twelve-month regulatory sandbox testing period, a sandbox participant shall: (a) Notify the department that the sandbox participant will exit the regulatory sandbox, discontinue the sandbox participant's test, and stop offering any i…
Neb. Rev. Stat. § 44-9408 Sandbox testing period; extension; request; requirements.
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(1) Not later than thirty days before the end of the twelve-month regulatory sandbox testing period, a sandbox participant may request an extension of the regulatory sandbox testing period for the purpose of obtaining a license or other authorization. (2) The department shall gra…
Neb. Rev. Stat. § 44-9409 Records, documents, data; requirements; reports; violation; department powers; report.
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(1) A sandbox participant shall retain records, documents, and data produced in the ordinary course of business regarding an innovative insurance product or service tested in the regulatory sandbox. (2) If an innovative insurance product or service fails before the end of a testi…
Neb. Rev. Stat. § 44-9410 Rules and regulations.
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The department may adopt and promulgate rules and regulations to carry out the Insurance Regulatory Sandbox Act.