Nebraska § 44-5509 Surplus lines licensee; policy; information required

Nebraska Statutes

§ 44-5509 — Surplus lines licensee; policy; information required

Nebraska·Ch. 44 Insurance

A surplus lines licensee shall stamp or type upon the declaration page of each policy procured and delivered under the Surplus Lines Insurance Act the following information:

(1)The licensee's name, business address, and surplus lines license number;

(2)the name under which the licensee transacts business if different than the licensee's own name; and (3) the language: This policy is issued by a nonadmitted insurer, and in the event of the insolvency of such insurer, this policy will not be covered by the Nebraska Property and Liability Insurance Guaranty Association.

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A surplus lines licensee shall stamp or type upon the declaration page of each policy procured and delivered under the Surplus Lines Insurance Act the following information: (1) The licensee's name, business address, and surplus lines license number; (2) the name under which the licensee transacts business if different than the licensee's own name; and (3) the language: This policy is issued by a nonadmitted insurer, and in the event of the insolvency of such insurer, this policy will not be covered by the Nebraska Property and Liability Insurance Guaranty Association.

Nebraska § 44-5509 (Surplus lines licensee; policy; information required) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: Laws 1978, LB 836, § 7; Laws 1989, LB 92, § 34; R.S.Supp.,1990, § 44-147.01; Laws 1992, LB 1006, § 9. Cross References: Nebraska Property and Liability Insurance Guaranty Association, see section 44-2404.