reglab/statecodes huggingface dataset:
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 22 - CREDIT LIFE, ACCIDENT AND HEALTH INSURANCE › Section 210-22-005 - Refunds

Current through June 17, 2024
005.01 Each
				individual policy of credit life insurance and credit accident and health
				insurance on which the premium is paid by the debtor and each group certificate
				for which an identifiable charge is made to the debtor shall provide that, in
				the event of termination of the insurance prior to the scheduled maturity date
				of the indebtedness, any refund of premium or identifiable charge due shall be
				paid or credited promptly to the debtor. If a creditor requires a debtor to pay
				the premium or an identifiable charge for credit life insurance or credit
				accident and health insurance and such insurance is declined by the insurer or
				otherwise does not become effective, the insurer, creditor or licensed agent
				shall promptly arrange for a refund or credit to the debtor of any premium or
				identifiable charge paid by him for such insurance.
005.02 An insurer shall promptly refund to an
				individual policyholder and refund or credit to a group policyholder any refund
				of premium due on termination of insurance prior to the scheduled maturity date
				of the indebtedness, and a group policyholder or creditor shall promptly refund
				or credit to the debtor any refund due pursuant to this Section 005. Insurer
				shall be responsible for establishment of procedures by which such refunds or
				credits are made.
005.03 The
				following formulas for computing refunds of credit insurance premiums are
				hereby declared acceptable to the Director for the kinds of coverage specified.
005.03A Pro rata method. The pro rata
				unearned gross premium method for level term credit life insurance, credit
				accident and health insurance coverages under which premiums are collected from
				the consumer on a basis other than single premium basis.
005.03B Sum of the digits method. The "rule
				of 78" or "sum of the digits" unearned premium method for coverages other than
				those in
Subsection
005.03A.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 22 - CREDIT LIFE, ACCIDENT AND HEALTH INSURANCE › Section 210-22-006 - Refinancing or consolidation

Current through June 17, 2024
In any refinancing or consolidation of an indebtedness, no
				  policy provision covering the new indebtedness shall operate to deny benefits
				  which would have been payable had the refinancing or consolidation not taken
				  place.
The provisions of Section
006
shall
				  be applicable to all claims submitted following the effective date of the
				  amendment. Nothing within Section
006
shall be
				  interpreted as requiring the refiling of current policies but any future
				  filings should include the language adopted and contained in Section
006
of Rule 22.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 22 - CREDIT LIFE, ACCIDENT AND HEALTH INSURANCE › Section 210-22-007 - Experience statistics - (earned and accrued basis)

Current through June 17, 2024
Each insurer writing insurance subject to the Act shall
				  maintain the following statistics with respect to such insurance business on
				  either a calendar-year or policy-year basis:
(a) gross premium received,
(b) refunds of premiums on terminated
				insurance,
(c) increase in
				unearned premium reserve,
(d)
				earned premiums,
(e) claims
				paid,
(f) increase in claim
				reserve,
(g) claims
				incurred,
(h) reserve increases
				other than (c) and (f),
(i)
				commissions,
(j) fees and
				allowances,
(k) dividends and
				experience rating refunds,
(l) mean
				amount of life insurance in force, and
(m) mean number of individual policies in
				force during the calendar year. Such statistics shall be subject to call by the
				Director of Insurance from time to time and shall be maintained in a manner
				which will facilitate the demonstration of each statistical item with respect
				to:
007.01 each distinctive type or plan of
				group insurance coverage;
007.02
				each distinctive type or plan of individual insurance coverage;
007.03 reinsurance assumed in connection with
				coverages described in 007.01 and 007.02;
007.04 classifications 007.01, 007.02, and
				007.03 restricted to risks residing in Nebraska;
007.05 classifications 007.01, 007.02, and
				007.03 encompassing all risks wherever they may reside.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 22 - CREDIT LIFE, ACCIDENT AND HEALTH INSURANCE › Section 210-22-008 - Annual report

Current through June 17, 2024
Each company shall prepare a report on a form or forms
				  prescribed by the Department of Insurance which shall be filed in conjunction
				  with the Credit Life and Accident and Health Exhibit setting forth such
				  information as may be required by the Director of Insurance.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 22 - CREDIT LIFE, ACCIDENT AND HEALTH INSURANCE › Section 210-22-009 - Rate schedules

Current through June 17, 2024
The rate schedules for each policy form of credit life or
				  credit accident and health insurance shall be submitted with such forms in
				  quadruplicate with a separate rate sheet for each form. In cases of combination
				  filings (policy forms containing both life and accident and health) the rate
				  schedules shall be filed separately. In addition each rate sheet shall state
				  the form number of the policy with which it is to be used.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 22 - CREDIT LIFE, ACCIDENT AND HEALTH INSURANCE › Section 210-22-010 - Sevarability Severability provision

Current through June 17, 2024
If any provision of this regulation or the application
				  thereof to any person or circumstances is held unconstitutional, the remainder
				  of the regulation and the application of such provision to other persons or
				  circumstances shall not be affected thereby.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-001 - Authority

Current through June 17, 2024
These regulations are promulgated pursuant to the authority
				  granted by
Neb.Rev.Stat.
§§
									44-101.01
				  and
				  44-2139.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-002 - Purpose

Current through June 17, 2024
The purposes of these regulations are: to set forth rules and
				  procedural requirements which the Director deems necessary to carry out the
				  provisions of the Insurance Holding Company System Act (§§
									44-2120
				  through
				  44-2153 of the
				  Insurance Code hereinafter referred to as "the Act"). The information called
				  for by these regulations is hereby declared to be necessary and appropriate in
				  the public interest and for the protection of policyholders in this
				  State.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-003 - Severability clause

Current through June 17, 2024
If any provision of these regulations, or the application
				  thereof to any person or circumstance, is held invalid, such invalidity shall
				  not affect other provisions or application of these regulations which can be
				  given effect without the invalid provision or application, and to that end the
				  provisions of these regulations are severable.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-004 - Forms - General requirements

Current through June 17, 2024
004.01 Forms A, B,
				C, D, and F are intended to be guides in the preparation of statements required
				by
Neb.Rev.Stat.
§§
									44-2120
				through
				44-2133.
				They are not intended to be blank forms which are to be filled in. The
				statements filed shall contain the numbers and captions of all items, but the
				text of the items may be omitted provided the answers thereto are so prepared
				as to indicate to the reader the coverage of items without the necessity of his
				referring to the text of the items or the instructions thereto. All
				instructions, whether appearing under the items of the form or elsewhere
				therein, are to be omitted. Unless expressly provided otherwise, if any item is
				inapplicable or the answer thereto is in the negative, an appropriate statement
				to that effect shall be made.
004.02 Two complete copies of each statement
				including exhibits and all other papers and documents filed as a part thereof,
				shall be filed with the Director by personal delivery or mail addressed to:
				Insurance Director of the State of Nebraska, 941 "O" Street, Suite 400,
				Lincoln, Nebraska 68508, Attention: Director of Insurance. Alternatively,
				statements other than the Form A statement required by
Neb.Rev.Stat.
§
									44-2126
				may be submitted to the Department via electronic mail. At least one of the
				copies shall be signed in the manner prescribed on the form. Unsigned copies
				shall be conformed. If the signature of any person is affixed pursuant to a
				power of attorney or other similar authority, a copy of such power of attorney
				or other authority shall also be filed with the statement.
004.03 If an applicant requests a hearing on
				a consolidated basis under
Neb.Rev.Stat.
§
									44-2127(3)
				 of the Act, in addition to filing the Form A
				with the commissioner, the applicant shall file a copy of Form A with the
				National Association of Insurance Commissioners (NAIC) in electronic
				form.
004.04 Statements should be
				prepared electronically. Statements shall be easily readable and suitable for
				review and reproduction. Debits in credit categories and credits in debit
				categories shall be designated so as to be clearly distinguishable as such on
				photocopies. Statements shall be in the English language and monetary values
				shall be stated in United States currency. If any exhibit or other paper or
				document filed with the statement is in a foreign language, it shall be
				accompanied by a translation into the English language and any monetary value
				shown in a foreign currency normally shall be converted into United States
				currency.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-005 - Forms - Incorporation by reference, summaries, and omissions

Current through June 17, 2024
005.01 Information
				required by any item of Form A, Form B, Form D, or Form F may be incorporated
				by reference in answer or partial answer to any other item. Information
				contained in any financial statement, annual report, proxy statement, statement
				filed with a governmental authority, or any other document may be incorporated
				by reference in answer or partial answer to any item of Form A, Form B, Form D,
				or Form F provided such document is filed as an exhibit to the statement.
				Excerpts of documents may be filed as exhibits if the documents are extensive.
				Documents already on file with the Director which were filed within three years
				need not be attached as exhibits. References to information contained in
				exhibits or in documents already on file shall clearly identify the material
				and shall specifically indicate that such material is to be incorporated by
				reference in answer to the item. Matter shall not be incorporated by reference
				in any case where such incorporation would render the statement incomplete,
				unclear or confusing.
005.02 Where
				an item requires a summary or outline of the provisions of any document, only a
				brief statement shall be made as to the most important provisions of the
				document. In addition to such statement, the summary or outline may incorporate
				by reference particular parts of any exhibit or document on file with the
				Director which was filed within three years and may be qualified in its
				entirety by such reference. In any case where two or more documents required to
				be filed as exhibits are substantially identical in all material respects
				except as to the parties thereto, the dates of execution, or other details, a
				copy of only one of such documents need be filed with a schedule identifying
				the omitted documents and setting forth the material details in which such
				documents differ from the documents, a copy of which is filed.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-006 - Forms - Information unknown or unavailable and extension of time to furnish

Current through June 17, 2024
006.01 If it is
				impractical to furnish any required information, document or report at the time
				it is required to be filed, there may be filed with the Director a separate
				document:
006.01A Identifying the
				information, document or report in question;
006.01B Stating why the filing thereof at the
				time required is impractical; and
006.01C Requesting an extension of time for
				filing the information, document or report to a specified date. The request for
				extension shall be deemed granted unless the Director, within 60 days after
				receipt thereof, enters an order denying the request.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-007 - Forms - Additional information and exhibits

Current through June 17, 2024
In addition to the information expressly required to be
				  included in Form A, Form B, Form C, Form D, and Form F, there shall be added
				  such further material information, if any, as may be necessary to make the
				  information contained therein not misleading. The person filing may also file
				  such exhibits as it may desire in addition to those expressly required by the
				  statement. Such exhibits shall be so marked as to indicate clearly the subject
				  matters to which they refer.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-008 - Forms - Amendments

Current through June 17, 2024
008.01 Any
				amendment for Form A, Form B, Form C, Form D, or Form F shall include on the
				top of the cover page the phrase:
"Amendment No. _____________ to Form ______________ of
____________________________ .
Name
____________________________
Date of Amendment
008.02 The applicant shall promptly advise
				the Director of any changes in the information so furnished arising subsequent
				to the date upon which such information was furnished but prior to the
				Director's disposition of the application.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-009 - Definitions

Current through June 17, 2024
009.01 Executive
				officer
"Executive officer" means chief executive officer, chief
				  operating officer, chief financial officer, treasurer, secretary, controller,
				  and any other individual performing functions corresponding to those performed
				  by the foregoing officers under whatever title.
009.02 Foreign insurer
"Foreign insurer" shall mean an insurer as defined in
Neb.Rev.Stat.
§
										44-103(3)
				   and shall include an alien insurer except
				  where noted otherwise.
009.03 Ultimate controlling person
"Ultimate controlling person" means that person which is not
				  controlled by any other person.
009.04 Unless the context otherwise requires,
				other terms found in these regulations and in
Neb.Rev.Stat.
§
									44-2121
				are used as defined in the said Section. Other nomenclature or terminology is
				according to the Insurance Code, or industry usage if not defined by the
				Code.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-010 - Subsidiaries of domestic insurers

Current through June 17, 2024
The authority to invest in subsidiaries under §
									44-2122
				  and §
									44-2123,
				  is in addition to any authority to invest in subsidiaries which may be
				  contained in any other provision of the Insurance Code.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-011 - Acquisition of control - Statement filing

Current through June 17, 2024
A person required to file a statement pursuant to §
									44-2126
				  shall furnish the required information on Form A, hereby made a part of this
				  regulation.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-012 - Amendments to Form A

Current through June 17, 2024
The applicant shall promptly advise the Director of any
				  changes in the information so furnished on Form A arising subsequent to the
				  date upon which such information was furnished but prior to the Director's
				  disposition of the application.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-013 - Acquisition of domestic insurers

Current through June 17, 2024
013.01 If the
				person being acquired is a "domestic insurer" [solely because of the provisions
				of §
									44-2126(3)
				 ], the name of the domestic insurer on the
				cover page should be clearly indicated along with the name of the parent
				holding company, if applicable, as follows:
"ABC Insurance Company, a subsidiary of XYZ Holding
				  Company."
013.02 Where a
				domestic insurer is being acquired, references to "the insurer" contained in
				Form A shall refer to both the domestic subsidiary and the person being
				acquired.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-014 - Registration of insurers - Statement filing

Current through June 17, 2024
An insurer required to file a statement pursuant to §
									44-2132
				  shall furnish the required information on Form B, hereby made a part of these
				  regulations.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-015 - Summary of registration - Statement filing

Current through June 17, 2024
An insurer required to file an annual registration statement
				  pursuant to §
									44-2132,
				  is also required to furnish information required on Form C, hereby made a part
				  of these regulations.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-016 - Alternative and consolidated registrations

Current through June 17, 2024
016.01 Any
				authorized insurer may file a registration statement on behalf of any
				affiliated insurer or insurers which are required to register under §
									44-2132.
				A registration statement may include information regarding any insurer in the
				insurance holding company system even if such insurer is not authorized to do
				business in this State. In lieu of filing a registration statement on Form B,
				the authorized insurer may file a copy of the registration statement or similar
				report which it is required to file in its State of domicile, provided:
016.01A the statement or report contains
				substantially similar information required to be furnished on Form B;
				and
016.01B the filing insurer is
				the principal insurance company in the insurance holding company
				system.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-017 - Disclaimers and termination of registration

Current through June 17, 2024
017.01 A disclaimer
				of affiliation or a request for termination of registration claiming that a
				person does not, or will not upon the taking of some proposed action, control
				another person (hereinafter referred to as the "subject") shall contain the
				following information:
017.01A the number of
				authorized, issued and outstanding voting securities of the subject;
017.01B with respect to the person whose
				control is denied and all affiliates of such person, the number and percentage
				of shares of the subject's voting securities which are held of record or known
				to be beneficially owned, and the number of such shares concerning which there
				is a right to acquire, directly or indirectly;
017.01C all material relationships and bases
				for affiliation between the subject and the person whose control is denied and
				all affiliates of such person; and
017.01D a statement explaining why such
				person should not be considered to control the subject.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-018 - Transactions subject to prior notice - Notice filing

Current through June 17, 2024
018.01 An insurer
				required to give notice of a proposed transaction pursuant to §
									44-2133(2)
				 of the Act shall furnish the required
				information on Form D, hereby made a part of these regulations.
018.02 Agreements for cost sharing services
				and management services shall at a minimum and as applicable:
018.02A Identify the person providing
				services and the nature of such services;
018.02B Set forth the methods to allocate
				costs;
018.02C Require timely
				settlement, not less frequently than on a quarterly basis, and compliance with
				the requirements in the Accounting Practices and Procedures Manual;
018.02D Prohibit advancement of funds by the
				insurer to the affiliate except to pay for services defined in the
				agreement;
018.02E State that the
				insurer will maintain oversight for functions provided to the insurer by the
				affiliate and that the insurer will monitor services annually for quality
				assurance;
018.02F Define books and
				records of the insurer to include all books and records developed or maintained
				under or related to the agreement;
018.02G Specify that all books and records of
				the insurer are and remain the property of the insurer and are subject to
				control of the insurer;
018.02H
				State that all funds and invested assets of the insurer are the exclusive
				property of the insurer, held for the benefit of the insurer and are subject to
				the control of the insurer;
018.02I
				Include standards for termination of the agreement with and without
				cause;
018.02J Include provisions
				for indemnification of the insurer in the event of gross negligence or willful
				misconduct on the part of the affiliate providing the services;
018.02K Specify that, if the insurer is
				placed in receivership or seized by the director under the Nebraska Insurers
				Supervision, Rehabilitation, and Liquidation Act:
(a) all of the rights of the insurer under
				the agreement extend to the receiver or director; and
(b) all books and records will immediately be
				made available to the receiver or the director, and shall be turned over to the
				receiver or director immediately upon the receiver or the director's
				request;
018.02L Specify
				that the affiliate has no automatic right to terminate the agreement if the
				insurer is placed in receivership pursuant to the Nebraska Insurers
				Supervision, Rehabilitation, and Liquidation Act; and
018.02M Specify that the affiliate will
				continue to maintain any systems, programs, or other infrastructure
				notwithstanding a seizure by the commissioner under the Nebraska Insurers
				Supervision, Rehabilitation, and Liquidation Act, and will make them available
				to the receiver, for so long as the affiliate continues to receive timely
				payment for services rendered.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-019 - Enterprise risk report

Current through June 17, 2024
The ultimate controlling person of an insurer required to
				  file an enterprise risk report pursuant to §
									44-2132(12)
				   shall furnish the required information on
				  Form F, hereby made a part of these regulations.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-020 - Extraordinary dividends and other distributions

Current through June 17, 2024
Requests for approval of extraordinary dividends or any other
				  extraordinary distribution to shareholders shall include the following:
020.01 The amount of the proposed
				dividend;
020.02 The date
				established for payment of the dividend;
020.03 A statement as to whether the dividend
				is to be in cash or other property and, if in property, a description thereof,
				its cost, and its fair market value together with an explanation of the basis
				for valuation;
020.04 A copy of the
				calculations determining that the proposed dividend is extraordinary. The work
				paper shall include the following information:
020.04A The amounts, dates and form of
				payment of all dividends or distributions (including regular dividends but
				excluding distributions of the insurer's own securities) paid within the period
				of 12 consecutive months ending on the date fixed for payment of the proposed
				dividend for which approval is sought and commencing on the day after the same
				day of the same month in the last preceding year;
020.04B Surplus as regards policyholders
				(total capital and surplus) as of the 31st day of December next
				preceding;
020.04C If the insurer
				is a life insurer, the net gain from operations for the 12-month period ending
				the 31st day of December next preceding;
020.04D If the insurer is not a life insurer,
				the net income less realized capital gains for the 12-month period ending the
				31st day of December next preceding and the two preceding 12-month periods;
				and
020.05E If the insurer is not a
				life insurer, the dividends paid to stockholders excluding distributions of the
				insurer's own securities in the preceding two calendar years.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Section 210-24-021 - Adequacy of surplus

Current through June 17, 2024
The factors set forth in §
									44-2136
				  are not intended to be an exhaustive list. In determining the adequacy and
				  reasonableness of an insurer's surplus no single factor shall be controlling.
				  The Director, instead, will consider the net effect of all of these factors
				  plus other factors bearing on the financial condition of the insurer. In
				  comparing the surplus maintained by other insurers, the Director will consider
				  the extent to which each of these factors varies from company to company and in
				  determining the quality and liquidity of investments in subsidiaries, the
				  Director will consider the individual subsidiary and may discount or disallow
				  its valuation to the extent that the individual investments so
				  warrant.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Form A - STATEMENT REGARDING THE ACQUISITION OF CONTROL OF OR MERGER WITH A DOMESTIC INSURER

Current through June 17, 2024
_____________________________________
Name of Domestic Insurer
BY
_____________________________________
Name of Acquiring Person (Applicant)
Filed with the Insurance Department
				  of____________________________________
(State of domicile of insurer being acquired)
Dated:__________________, 20_____________
Name, Title, Address and Telephone Number of Individual to
				  Whom Notices and Correspondence Concerning This Statement Should be
				  Addressed:
_____________________________________
_____________________________________
_____________________________________
_____________________________________
FORM A
Item 1.
				Insurer and Method of Acquisition.
State the name and address of the domestic insurer to which
				  this application relates and a brief description of how control is to be
				  acquired.
Item 2. Identity
				and Background of the Applicant.
(a) State
				the name and address of the applicant seeking to acquire control over the
				insurer.
(b) If the applicant is
				not an individual, state the nature of its business operations for the past
				five years or for such lesser period as such person and any predecessors
				thereof shall have been in existence. Briefly describe the business intended to
				be done by the applicant and the applicant's subsidiaries.
(c) Furnish a chart or listing clearly
				presenting the identities of the interrelationships among the applicant and all
				affiliates of the applicant. No affiliate need be identified if its total
				assets are equal to less than 1/2 of 1% of the total assets of the ultimate
				controlling person affiliated with the applicant. Indicate in such chart or
				listing the percentage of voting securities of each such person which is owned
				or controlled by the applicant or by any other such person. If control of any
				person is maintained other than by the ownership of control of voting
				securities, indicate the basis of such control. As to each person specified in
				such chart or listing indicate the type of organization (e.g. -- corporation,
				trust, partnership) and the state or other jurisdiction of domicile. If court
				proceedings looking toward a reorganization or liquidation are pending with
				respect to any such person, indicate which person, and set forth the title of
				the court, nature of proceedings and the date when commenced.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Form B - INSURANCE HOLDING COMPANY SYSTEM REGISTRATION STATEMENT

Current through June 17, 2024
Filed with the Insurance Department of the State
				  of_________________________________
BY
__________________________________
Name of Registrant
On Behalf of the Following Insurance Companies
Name Address
______________________________
______________________________
______________________________
______________________________
______________________________
______________________________
Date_________________, 20_____________
Name, Title, Address and Telephone Number of Individual to
				  Whom Notices and Correspondence Concerning This Statement Should Be
				  Addressed:
______________________________
______________________________
______________________________
______________________________
______________________________
Item 1. Identity and Control of Registrant.
Furnish the exact name of each insurer registering or being
				  registered (hereinafter called "the Registrant"), the home office address and
				  principal executive offices of each; the date on which each Registrant became
				  part of the insurance holding company systems; and the method(s) by which
				  control of each Registrant was acquired and is maintained.
Item 2. Organizational Chart.
Furnish a chart or listing clearly presenting the identities
				  of and interrelationships among all affiliated persons within the insurance
				  holding company system. The chart or listing should show the percentage of each
				  class of voting securities of each affiliate which is owned, directly or
				  indirectly, by another affiliate. If control of any person within the system is
				  maintained other than by the ownership or control of voting securities,
				  indicate the basis of such control. As to each person specified in such chart
				  or listing indicate the type of organization (e.g. - corporation, trust,
				  partnership) and the state or other jurisdiction of domicile.
Item 3. The Ultimate Controlling Person.
As to the ultimate controlling person in the insurance
				  holding company system furnish the following information:
(a) Name.
(b) Home office address.
(c) Principal executive office
				address.
(d) The organizational
				structure of the person, i.e., corporation, partnership, individual, trust,
				etc.
(e) The principal business of
				the person.
(f) The name and
				address of any person who holds or owns 10% or more of any class of voting
				security, the class of such security, the number of shares held of record or
				known to be beneficially owned, and the percentage of class so held or
				owned.
(g) If court proceedings
				looking toward a reorganization or liquidation are pending, indicate the title
				and location of the court, the nature of proceedings and the date when
				commenced.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 24 - HOLDING COMPANIES › Form D - PRIOR NOTICE OF A TRANSACTION

Current through June 17, 2024
Filed with the Insurance Department of the State
				  of____________________________
BY
Name of Registrant
On Behalf of the Following Insurance Companies
Name Address
_____________________________________
_____________________________________
_____________________________________
_____________________________________
Date_____________, 20___________
Name, Title, Address and Telephone Number of Individual to
				  Whom Notices and Correspondence Concerning This Statement Should Be Addressed:
_____________________________________
_____________________________________
_____________________________________
Item 1. Identity of Parties to Transaction.
Furnish the following information for each of the parties to
				  the transaction:
(a) Name;
(b) Home office address;
(c) Principal executive office address;
(d) The organizational structure,
				i.e., corporation, partnership, individual, trust, etc.;
(e) A description of the nature of the
				parties' business operations;
(f)
				Relationship, if any, of other parties to the transaction to the insurer filing
				the notice, including any ownership or debtor/creditor interest by any other
				parties to the transaction in the insurer seeking approval, or by the insurer
				filing the notice in the affiliated parties; and
(g) Where the transaction is with a
				non-affiliate, the name(s) of the affiliate(s) which will receive, in whole or
				in substantial part, the proceeds of the transaction.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 26 - DEPARTMENT ADMINISTRATION, PRACTICE AND PROCEDURE › Section 210-26-002 - Application of Nebraska Attorney General Model Rules for Practice and Procedure

Current through June 17, 2024
The Nebraska Department of Insurance follows the Model Rules adopted by the Attorney General for regulations and procedures governing hearings on contested cases, declaratory orders, petitions for rulemaking, and petitions for negotiated rulemaking found at 53 NAC 1 through 53 NAC 5, unless specific statutes or regulations require a different procedure or standard in particular circumstances. These regulations shall not create a right of appeal or right to contest an agency action which is not specifically authorized by statute or these regulations.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 28 - UNFAIR SEX DISCRIMINATION › Section 210-28-001 - Purpose

Current through June 17, 2024
The purpose of this regulation is to eliminate the act of
				  denying benefits or coverage on the basis of sex or marital status in the terms
				  and conditions of life, sickness and accident insurance contracts and in the
				  underwriting criteria of such insurance carriers.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 28 - UNFAIR SEX DISCRIMINATION › Section 210-28-002 - Authority

Current through June 17, 2024
This regulation is issued pursuant to
Neb.Rev.Stat. §
44-101.01, §
									44-1527
				  , and
§
44-1533.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 28 - UNFAIR SEX DISCRIMINATION › Section 210-28-003 - Definitions

Current through June 17, 2024
003.01 Contracts -
				Any life, sickness and accident insurance policy or plan including any rider or
				endorsement thereto offered by an insurer.
003.02 Insurer
Any insurance company, association, reciprocal or inter
				  insurance exchange, non-profit hospital plan, non-profit professional health
				  service plan, health maintenance organization, fraternal benefit society or
				  beneficial association writing life or sickness and accident
				  insurance.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 28 - UNFAIR SEX DISCRIMINATION › Section 210-28-004 - Applicability and scope

Current through June 17, 2024
This regulation shall apply to all individual, group,
				  franchise or blanket life, sickness and accident insurance contracts delivered
				  or issued for delivery in this state by an insurer on or after October 1, 1977,
				  to all existing group or blanket life, sickness and accident insurance
				  contracts which are amended or renewed on or after October 1, 1977, and to all
				  policy forms submitted for approval on or after October 1, 1977, provided
				  however that in the case of contracts issued pursuant to all collective
				  bargaining agreements this regulation shall apply on the first date after
				  October 1, 1977 upon which any new bargaining agreement first becomes
				  effective.
This regulation does not apply to or affect the right of
				  fraternal benefit societies to determine eligibility requirements for
				  membership. If a fraternal benefit society does, however, admit members of both
				  sexes, this regulation is applicable to the insurance benefits or coverage
				  available to members thereof.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 28 - UNFAIR SEX DISCRIMINATION › Section 210-28-005 - Rates

Current through June 17, 2024
When rates are differentiated on the basis of sex, or marital
				  status, the insurer, upon request, must justify in writing to the satisfaction
				  of the Director such rate differential. All rates shall be based on sound
				  actuarial principles, valid classification systems and must be related to
				  actual experience statistics.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 28 - UNFAIR SEX DISCRIMINATION › Section 210-28-006 - Availability requirements

Current through June 17, 2024
Availability of any life, sickness or accident insurance
				  contract shall not be denied to an insured or prospective insured on the basis
				  of the sex or marital status of the insured. The amount of benefits payable, or
				  any term, conditions or type of coverage shall not be restricted, modified,
				  excluded, or reduced on the basis of the sex or marital status of the insured
				  or prospective insured except to the extent the amount of benefits, term,
				  conditions or type of coverage vary as a result of the application of rate
				  differentials permitted under the Nebraska Insurance Code. However, nothing in
				  this regulation shall prohibit an insurer from taking marital status into
				  account for the purpose of defining persons eligible for dependents benefits.
				  Specific examples of practices prohibited by this regulation include but are
				  not limited to the following:
006.01
				Denying coverage to females gainfully employed at home, employed part-time or
				employed by relatives when coverage is offered to males similarly
				employed.
006.02 Denying policy
				riders to females when the riders are available to males.
006.03 Denying, under group contracts,
				dependent coverage to husbands of female employees, when dependent coverage is
				available to wives of male employees.
006.04 Denying disability income contracts to
				employed women when coverage is offered to men similarly employed.
006.05 Restricting, reducing, modifying or
				excluding benefits relating to coverage involving the genital organs of only
				one sex.
006.06 Offering lower
				maximum monthly benefits to women than to men who are in the same
				classification under a disability income contract.
006.07 Offering more restrictive benefit
				periods and more restrictive definitions of disability to women than to men in
				the same classifications under a disability income contract.
006.08 Establishing different conditions by
				sex under which the policyholder may exercise benefit options contained in the
				contract.
006.09 Limiting the
				amount of coverage an insured or prospective insured may purchase based upon
				the insured's or prospective insured's sex.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 32 - NEBRASKA HOSPITAL-MEDICAL LIABILITY ACT EXCESS LIABILITY FUND RESIDUAL MALPRACTICE INSURANCE AUTHORITY › Section 210-32-001 - Authority

Current through June 17, 2024
This rule is promulgated pursuant to the authority granted
				  under
Neb.Rev.Stat.
Sections
§
44-2854.01,
§
44-2821(4),
§
44-2829 and
§
44-2837, as amended.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 32 - NEBRASKA HOSPITAL-MEDICAL LIABILITY ACT EXCESS LIABILITY FUND RESIDUAL MALPRACTICE INSURANCE AUTHORITY › Section 210-32-002 - Purpose

Current through June 17, 2024
The purpose of this rule is to implement and administer those
				  provisions of the Nebraska Hospital-Medical Liability Act pertaining to the
				  surcharge levied on qualified health care providers under the Excess Liability
				  Fund, notices provided by the Excess Liability Fund to qualified health care
				  providers, administration and management of the residual malpractice insurance
				  authority, notification to patients by qualified health care providers and such
				  other matters as may be necessary to promote the efficient operation of the Act
				  in accordance with its terms.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 32 - NEBRASKA HOSPITAL-MEDICAL LIABILITY ACT EXCESS LIABILITY FUND RESIDUAL MALPRACTICE INSURANCE AUTHORITY › Section 210-32-003 - Definitions

Current through June 17, 2024
003.01 The
				definitions set forth in the
Nebraska Hospital-Medical Liability
				Act, Neb.Rev.Stat.
§
									44-2801
et. seq.,
as amended, shall be adopted and applied
				unless the context otherwise requires.
003.02 Act
Act shall mean Nebraska Hospital-Medical Liability
				  Act;
003.03 Cancellation
Cancellation shall mean termination of the qualification of a
				  health care provider due to cessation of professional liability insurance
				  by:
003.03A The professional liability
				insurer pursuant to Section
Neb.Rev.Stat.
				§
44-2836(5)(b);
003.03B The Residual Malpractice Authority of
				insurance coverage provided pursuant to
Neb.Rev.Stat.
				§§
44-2837
through
44-2839;
				or
003.03C The health care
				provider.
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 32 - NEBRASKA HOSPITAL-MEDICAL LIABILITY ACT EXCESS LIABILITY FUND RESIDUAL MALPRACTICE INSURANCE AUTHORITY › Section 210-32-004 - Qualification

Current through June 17, 2024
In order to qualify under the Act, a health care provider
				  must file with the Director proof of financial responsibility pursuant to
Neb.Rev.Stat. §
44-2827 and pay the surcharge and
				  any special surcharge levied on all health care providers pursuant to
Neb.Rev.Stat. §§
44-2829
through
44-2831 and shall post notice of qualification
				  under the Act in accordance with Section 009.
004.01 Proof of Financial Responsibility
Financial Responsibility of a health care provider may be
				  established only by filing with the Director proof that the health care
				  provider is currently insured pursuant to
Neb.Rev.Stat.
				  §§
44-2837
through
44-2839 or by
				  a policy of professional liability insurance in a company authorized to do
				  business in Nebraska.
The use of deductibles on a policy of professional liability
				  insurance utilized to establish proof of financial responsibility is acceptable
				  with the provision that the insurer must pay any settlement or judgment and
				  then may be reimbursed by the insured for the deductible set out in the policy.
				  The full premium, without credit for the deductible, must be reported on the
				  proof of financial responsibility and the applicable surcharge will be based
				  upon that full premium.
004.01A The
				following constitutes acceptable proof of financial responsibility:
004.01A(1) certificate of professional
				liability insurance;
004.01A(2)
				copy of professional liability insurance policy or declarations page
004.01A(3) written statement or binder from
				insurance company representative or agent
Nebraska Administrative Code › Topic - INSURANCE, DEPARTMENT OF › Title 210 - NEBRASKA DEPARTMENT OF INSURANCE › Chapter 32 - NEBRASKA HOSPITAL-MEDICAL LIABILITY ACT EXCESS LIABILITY FUND RESIDUAL MALPRACTICE INSURANCE AUTHORITY › Section 210-32-005 - Surcharge premium

Current through June 17, 2024
005.01 As required
				by
Neb.Rev.Stat. §
44-2829 of the Act, all health
				care providers who have qualified under the Act shall contribute to the Excess
				Liability Fund. The surcharge is due and payable within 30 days after the
				health care provider has provided proof of financial responsibility to the
				Director and annual thereafter in such amounts as may be determined by the
				Director.
005.02 As required by
Neb.Rev.Stat. §
44-2830, effective on January 1 of
				each year, the Director shall adjust the amount of the surcharge to maintain
				the Excess Liability Fund at a level which is sufficient to pay all anticipated
				claims for the next year and to maintain an adequate reserve for future claims.
				Prior to making such adjustment, the Director shall conduct a public hearing
				concerning the proposed adjustment and shall give due regard to the size of the
				existing Fund, the number and size of potential claims against the Fund, the
				number of participating providers, and other pertinent factors utilizing sound
				actuarial principles. Any decrease in the annual surcharge percentage shall not
				operate to entitle a health care provider to a refund of any portion of the
				previously paid surcharge.