Nebraska § 44-3005 Director of Insurance; powers

Nebraska Statutes

§ 44-3005 — Director of Insurance; powers

Nebraska § 44-3005

Ch. 44Insurance

This text of Nebraska § 44-3005 (Director of Insurance; powers) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 44-3005 (2026).

Text

The Director of Insurance may, at his or her discretion, make an order:

(1)Limiting an insurer’s death master file comparisons required under section 44-3003 to the insurer’s electronic searchable files or approving a plan and timeline for conversion of the insurer’s files to electronic files;

(2)Exempting an insurer from death master file comparisons required under section 44-3003 or permitting an insurer to perform such comparisons on only certain policies or retained asset accounts or to perform such comparisons less frequently than semiannually upon a demonstration of hardship by the insurer; or

(3)Phasing in compliance with the Unclaimed Life Insurance Benefits Act according to a plan adopted and published by the director.

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The Director of Insurance may, at his or her discretion, make an order:
(1) Limiting an insurer’s death master file comparisons required under section 44-3003 to the insurer’s electronic searchable files or approving a plan and timeline for conversion of the insurer’s files to electronic files;
(2) Exempting an insurer from death master file comparisons required under section 44-3003 or permitting an insurer to perform such comparisons on only certain policies or retained asset accounts or to perform such comparisons less frequently than semiannually upon a demonstration of hardship by the insurer; or
(3) Phasing in compliance with the Unclaimed Life Insurance Benefits Act according to a plan adopted and published by the director.