reglab/housing_qa huggingface dataset:
NE Code § 44-9011 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-9011 - Failure to file own risk and solvency assessment summary report; penalty.

44-9011.  Failure to file own risk and solvency assessment summary report; penalty.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 dollars for each day's delay. The maximum penalty under this section is ten thousand dollars. The director may reduce the penalty if the insurer demonstrates to the director that the imposition of the penalty would constitute a financial hardship to the insurer. The director shall remit any penalties collected under this section to the State Treasurer for distribution in accordance with Article VII, section 5, of the Constitution of Nebraska.Source Laws 2014, LB700, § 11.
NE Code § 44-9101 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-9101 - Act, how cited.

44-9101.  Act, how cited.Sections 44-9101 to 44-9109 shall be known and may be cited as the Corporate Governance Annual Disclosure Act.Source Laws 2016, LB772, § 1.
NE Code § 44-9102 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-9102 - Purposes of act.

44-9102.  Purposes of act.(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 or insurance group’s corporate governance framework;(b) Outline the requirements for completing a corporate governance annual disclosure with the director; and(c) Provide for the confidential treatment of the corporate governance annual disclosure and related information that contains confidential and sensitive information related to an insurer’s or insurance group’s internal operations and proprietary and trade secret information which, if made public, could potentially cause the insurer or insurance group competitive harm or disadvantage.(2) Nothing in the Corporate Governance Annual Disclosure Act shall be construed (a) to prescribe or impose corporate governance standards and internal procedures beyond that which is required under applicable state corporate law or (b) to limit the director’s authority, or the rights or obligations of third parties, under the Insurers Examination Act.(3) The requirements of the Corporate Governance Annual Disclosure Act shall apply to all insurers that are domiciled in this state.Source Laws 2016, LB772, § 2. Cross References  Insurers Examination Act, see section 44-5901.
NE Code § 44-9103 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-9103 - Terms, defined.

44-9103.  Terms, defined.For purposes of the Corporate Governance Annual Disclosure Act:(1) Corporate governance annual disclosure means a confidential report filed by an insurer or insurance group made in accordance with the requirements of the Corporate Governance Annual Disclosure Act;(2) Director means the Director of Insurance;(3) Insurance group means those insurers and affiliates included within an insurance holding company system as defined in section 44-2121; and(4) Insurer has the same meaning as in section 44-103, except that it shall not include agencies, authorities, or instrumentalities of the United States, its possessions and territories, the Commonwealth of Puerto Rico, the District of Columbia, or a state or political subdivision of a state.Source Laws 2016, LB772, § 3.
NE Code § 44-9105 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-9105 - Corporate governance annual disclosure; contents; request for additional information.

44-9105.  Corporate governance annual disclosure; contents; request for additional information.The corporate governance annual disclosure shall be prepared in a manner prescribed by the director. The insurer or insurance group shall have discretion over the responses to the corporate governance annual disclosure inquiries, except that the corporate governance annual disclosure shall contain the material information necessary to permit the director to gain an understanding of the insurer's or insurance group's corporate governance structure, policies, and practices. The director may request additional information that he or she deems material and necessary to provide the director with a clear understanding of the corporate governance policies, reporting or information systems, or controls implementing the corporate governance policies. Documentation and supporting information shall be maintained and made available upon examination or upon request of the director.Source Laws 2016, LB772, § 5.
NE Code § 44-9108 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-9108 - Failure to file corporate governance annual disclosure; forfeiture; suspension of certificate of authority.

44-9108.  Failure to file corporate governance annual disclosure; forfeiture; suspension of certificate of authority.Any insurer failing, without just cause, to timely file the corporate governance annual disclosure as required in the Corporate Governance Annual Disclosure Act shall forfeit fifty dollars each day thereafter such failure continues. The maximum forfeit shall not exceed ten thousand dollars. In addition to the forfeiture, the director may suspend, after notice and hearing, the certificate of authority of the insurer until it has complied with the act. The director may reduce the forfeiture if the insurer demonstrates to the director that the forfeiture would constitute a financial hardship to the insurer. The director shall remit any forfeiture collected pursuant to this section to the State Treasurer for distribution in accordance with Article VII, section 5, of the Constitution of Nebraska.Source Laws 2016, LB772, § 8.
NE Code § 44-9109 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-9109 - Rules and regulations.

44-9109.  Rules and regulations.The director may adopt and promulgate rules and regulations to carry out the Corporate Governance Annual Disclosure Act.Source Laws 2016, LB772, § 9.
NE Code § 44-9201 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-9201 - Act, how cited.

44-9201.  Act, how cited.Sections 44-9201 to 44-9219 shall be known and may be cited as the Public Adjusters Licensing Act.Source Laws 2018, LB743, § 1.
NE Code § 44-9202 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-9202 - Purpose of act.

44-9202.  Purpose of act.The purpose of the Public Adjusters Licensing Act is to govern the qualifications and procedures for licensing public adjusters in this state and to specify the duties of and restrictions on public adjusters, including limitation of such licensure to assisting only insureds with first-party claims.Source Laws 2018, LB743, § 2.
NE Code § 44-9203 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-9203 - Terms, defined.

44-9203.  Terms, defined.As used in the Public Adjusters Licensing Act, unless the context otherwise requires:(1) Business entity means a corporation, association, partnership, limited liability company, limited liability partnership, or any other legal entity;(2) Catastrophic disaster means an event declared to be a catastrophic disaster by the President of the United States or the governor of the state in which the disaster occurred that (a) results in large numbers of deaths and injuries, (b) causes extensive damage or destruction of facilities that provide and sustain human needs, (c) produces an overwhelming demand on state and local response resources and mechanisms, (d) causes a severe long-term effect on general economic activity, and (e) severely affects state, local, and private sector capabilities to begin and sustain response activities;(3) Department means the Department of Insurance;(4) Director means the Director of Insurance;(5) Home state means the District of Columbia or any state or territory of the United States in which the principal place of residence or principal place of business of the public adjuster is located;(6) Individual means a natural person;(7) Insured means a person insured under the insurance policy against which the claim is made;(8) Person means an individual or a business entity;(9) Public adjuster means any person who, for compensation, does any of the following:(a) Acts for or aids an insured in negotiating for or effecting the settlement of a first-party claim for loss or damage to real or personal property of the insured;(b) Advertises for employment as a public adjuster of first-party claims or otherwise solicits business or represents to the public that the person is a public adjuster of first-party claims for loss or damage to real or personal property of an insured; or(c) Directly or indirectly solicits the business of investigating or adjusting losses or of advising an insured about first-party claims for loss or damage to real or personal property of the insured;(10) Uniform business entity application means the uniform business entity application prescribed by the director which conforms substantially to the uniform business entity application for resident and nonresident business entities adopted by the National Association of Insurance Commissioners; and(11) Uniform individual application means the uniform individual application prescribed by the director which conforms substantially to the uniform application for individual adjuster licensing adopted by the National Association of Insurance Commissioners.Source Laws 2018, LB743, § 3.
NE Code § 44-9204 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-9204 - License required; exceptions.

44-9204.  License required; exceptions.(1) A person shall not operate as or represent that such person is a public adjuster in this state unless such person is licensed as a public adjuster in accordance with the Public Adjusters Licensing Act.(2) A public adjuster shall not misrepresent to any insured that such public adjuster is an adjuster representing an insurer in any capacity, including acting as an employee of the insurer or acting as an independent adjuster unless so appointed by an insurer in writing to act on behalf of the insurer for that specific claim or purpose. A public adjuster is prohibited from charging any insured a fee when appointed by the insurer and the appointment is accepted by the public adjuster.(3) A public adjuster shall not, directly or indirectly, solicit, or enter into, an agreement for the repair or replacement of damaged property on which such public adjuster has engaged to adjust or settle claims for losses or damages of the insured.(4) Notwithstanding subsection (1) of this section, licensing as a public adjuster shall not be required for:(a) An attorney admitted to practice in this state, when acting in the attorney’s professional capacity as an attorney;(b) A person who negotiates or settles claims arising under a life or health insurance policy or an annuity contract;(c) A person employed only for the purpose of obtaining facts surrounding a loss or furnishing technical assistance to a licensed public adjuster, including, but not limited to, a photographer, estimator, private investigator, engineer, or handwriting expert;(d) A licensed health care provider, or an employee of a licensed health care provider, who prepares or files a health claim form on behalf of a patient; or(e) A person who settles subrogation claims between insurers.Source Laws 2018, LB743, § 4.
NE Code § 44-9205 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-9205 - Resident public adjuster license; application; qualifications; fee; examination.

44-9205.  Resident public adjuster license; application; qualifications; fee; examination.An individual applying for a resident public adjuster license shall make application to the director on the uniform individual application and declare under penalty of denial, suspension, or revocation of the license that the statements made in the application are true, correct, and complete to the best of such individual's knowledge and belief. Before approving an application for a resident public adjuster license, the director shall find that such individual:(1) Is at least eighteen years of age. Notwithstanding the provisions of section 43-2101, if an individual is issued a license pursuant to the Public Adjusters Licensing Act, his or her minority ends;(2) Has his or her principal place of residence or principal place of business in this state;(3) Has not committed any act that is a ground for denial, suspension, or revocation set forth in section 44-9211;(4) Has paid the resident licensing fee, not to exceed one hundred dollars, prescribed by the director;(5) Except as otherwise provided under the act, has passed the examinations required by section 44-9208;(6) Is trustworthy, reliable, and of good reputation, evidence of which may be determined by the director;(7) Is financially responsible to exercise the license and has provided proof of financial responsibility as required in section 44-9212; and(8) Maintains an office in this state with public access to such office by reasonable appointment or regular business hours.Source Laws 2018, LB743, § 5.
NE Code § 44-9206 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-9206 - Nonresident public adjuster license; application; qualifications; fee; director; verify status; termination of license; when.

44-9206.  Nonresident public adjuster license; application; qualifications; fee; director; verify status; termination of license; when.(1) An individual applying for a nonresident public adjuster license shall make application to the director in the manner prescribed by the director and declare under penalty of denial, suspension, or revocation of the license that the statements made in the application are true, correct, and complete to the best of such individual's knowledge and belief. Before approving an application for a nonresident public adjuster license, the director shall find that the applicant:(a) Is licensed as a resident public adjuster and in good standing in such individual’s home state and that such home state awards nonresident public adjuster licenses to residents of this state on the same basis as provided for in the Public Adjusters Licensing Act; and(b) Has paid the nonresident licensing fee, not to exceed one hundred dollars, prescribed by the director.(2) The director may verify the licensing status of a nonresident public adjuster through the producer database maintained by the National Association of Insurance Commissioners, its affiliates, or subsidiaries.(3) As a condition to continuation of a nonresident public adjuster license, a licensed nonresident public adjuster shall maintain a resident public adjuster license in good standing in his or her home state.(4) A nonresident public adjuster license issued pursuant to this section shall terminate and be surrendered immediately to the director if the home state public adjuster license terminates for any reason, unless the individual has been issued a license as a resident public adjuster in a new home state and such new home state has reciprocity with this state. A licensed nonresident public adjuster shall notify the director of any change to a new home state as soon as possible, but no later than thirty days after receiving a license as a resident public adjuster from the new home state. The nonresident public adjuster shall include both the new and the old addresses in the notice to the director.Source Laws 2018, LB743, § 6.
NE Code § 44-9207 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-9207 - Business entity acting as public adjuster; license; application; qualifications; fee; director; powers.

44-9207.  Business entity acting as public adjuster; license; application; qualifications; fee; director; powers.(1) A business entity acting as a public adjuster in this state is required to obtain a public adjuster license and shall make application to the director on the uniform business entity application and declare under penalty of denial, suspension, or revocation of the license that the statements made in the application are true, correct, and complete to the best of the knowledge and belief of such entity. Before approving an application for a business entity public adjuster license, the director shall find that the applicant:(a) Has paid the business entity licensing fee, not to exceed one hundred fifty dollars, prescribed by the director; and(b) Has designated a resident public adjuster or a nonresident public adjuster licensed pursuant to the Public Adjusters Licensing Act to be responsible for compliance with the insurance laws, rules, and regulations of this state for such business entity.(2) The director may require any documents reasonably necessary to verify the information contained in any application submitted pursuant to this section.Source Laws 2018, LB743, § 7.
NE Code § 44-9208 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-9208 - Examination; fee.

44-9208.  Examination; fee.(1) An individual applying for a resident public adjuster license shall pass a written examination, unless exempt pursuant to section 44-9209. Such examination shall test the knowledge of the individual concerning the duties and responsibilities of a public adjuster and the insurance laws and regulations of this state and shall be conducted as prescribed by the director.(2) The director may make arrangements, including contracting with an outside testing service, for administering the written examination required pursuant to subsection (1) of this section and collecting a fee prescribed by the director. The fee shall not exceed one hundred dollars.Source Laws 2018, LB743, § 8.
NE Code § 44-9209 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-9209 - Exemption from examination.

44-9209.  Exemption from examination.(1) An individual who moves to this state, was previously licensed as a public adjuster in another state based on a public adjuster examination, and applies for a resident public adjuster license in this state within ninety days of establishing legal residence shall not be required to pass an examination pursuant to section 44-9208 in this state if:(a) Such individual is currently licensed in the other state or if an application for a resident public adjuster license is received within twelve months of the cancellation of his or her previous license; and(b) The other state issues a certification that such individual is licensed and in good standing in that state or was licensed and in good standing at the time of cancellation.(2) An individual who applies for a resident public adjuster license and who was previously licensed as either a resident public adjuster or a nonresident public adjuster in this state shall not be required to complete an examination if the application is received within twelve months of the termination of such previous license in this state and if, at the time of such termination, the applicant was in good standing in this state.Source Laws 2018, LB743, § 9.
NE Code § 44-9212 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-9212 - Financial responsibility; surety bond; director; powers.

44-9212.  Financial responsibility; surety bond; director; powers.(1) Prior to the issuance of a resident public adjuster license or a nonresident public adjuster license and for the duration of such license, an applicant shall secure evidence of financial responsibility in a format prescribed by the director through a surety bond. The surety bond shall be executed and issued by an insurer authorized to issue surety bonds in this state, which bond:(a) Shall be in the minimum amount of twenty thousand dollars; and(b) Shall not be terminated unless written notice has been filed with the director and submitted to such public adjuster at least thirty days prior to such termination.(2) The director may request the evidence of financial responsibility at any time the director deems relevant.(3) A public adjuster shall immediately notify the director if evidence of financial responsibility terminates or becomes impaired. The authority to act as a public adjuster shall automatically terminate if the evidence of financial responsibility terminates or becomes impaired.Source Laws 2018, LB743, § 12.
NE Code § 44-9213 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-9213 - Continuing education.

44-9213.  Continuing education.(1) Except as otherwise provided in this section, an individual who holds a resident public adjuster license or a nonresident public adjuster license shall satisfactorily complete a minimum of twenty-four credits of continuing education, including three credits of ethics, reported on a biennial basis in conjunction with the license renewal cycle.(2) The requirements of subsection (1) of this section shall not apply to a nonresident public adjuster who has met the continuing education requirements of the adjuster’s home state and whose home state gives credit to residents of this state on the same basis.(3) Only continuing education activities approved by the director pursuant to sections 44-3901 to 44-3908 shall be used to satisfy the requirements of this section.Source Laws 2018, LB743, § 13.
NE Code § 44-9215 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-9215 - Escrow account.

44-9215.  Escrow account.A public adjuster who receives, accepts, or holds, on behalf of an insured, any funds toward the settlement of a claim for loss or damage shall deposit the funds in a non-interest-bearing escrow account in a financial institution that is insured by an agency of the federal government in the home state of such public adjuster or the state where the loss occurred.Source Laws 2018, LB743, § 15.
NE Code § 44-9216 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-9216 - Records; contents; retention; inspection.

44-9216.  Records; contents; retention; inspection.(1) A public adjuster shall maintain a complete record of each transaction as a public adjuster. The records required by this section shall include the following:(a) The name of the insured;(b) The date, location, and amount of the loss;(c) A copy of the contract between the public adjuster and the insured;(d) The name of the insurer, amount, expiration date, and policy number for each policy carried with respect to the loss;(e) An itemized statement of the amount recovered for the insured;(f) An itemized statement of all compensation received by the public adjuster, from any source whatsoever, in connection with the loss;(g) A register of all money received, deposited, disbursed, or withdrawn in connection with a transaction with an insured, including fees, transfers, and disbursements from a trust account and all transactions concerning all interest-bearing accounts;(h) The name of the public adjuster who executed the contract;(i) The name of the attorney representing the insured, if applicable, and the name of the claims representative of the insurer; and(j) Evidence of financial responsibility in a format prescribed by the director.(2) Records shall be maintained for at least five years after the termination of the transaction with an insured and shall be open to examination by the department at all times.(3) Records submitted to the department in accordance with this section that contain information identified in writing as proprietary by the public adjuster shall be treated as confidential by the department.Source Laws 2018, LB743, § 16.