Nebraska § 44-6011 Risk-based capital level, defined

Nebraska Statutes

§ 44-6011 — Risk-based capital level, defined

Nebraska § 44-6011

Ch. 44Insurance

This text of Nebraska § 44-6011 (Risk-based capital level, defined) 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. § 44-6011 (2026).

Text

Risk-based capital level means an insurer's or a health organization's company action level risk-based capital, regulatory action level risk-based capital, authorized control level risk-based capital, or mandatory control level risk-based capital. For purposes of this section:

(1)Authorized control level risk-based capital means the number determined under the risk-based capital formula in accordance with the risk-based capital instructions;

(2)Company action level risk-based capital means, with respect to any insurer or health organization, the product of 2.0 and its authorized control level risk-based capital;

(3)Mandatory control level risk-based capital means the product of 0.7 and the authorized control level risk-based capital; and

(4)Regulatory action level risk-based capital me

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Risk-based capital level means an insurer's or a health organization's company action level risk-based capital, regulatory action level risk-based capital, authorized control level risk-based capital, or mandatory control level risk-based capital. For purposes of this section:
(1) Authorized control level risk-based capital means the number determined under the risk-based capital formula in accordance with the risk-based capital instructions;
(2) Company action level risk-based capital means, with respect to any insurer or health organization, the product of 2.0 and its authorized control level risk-based capital;
(3) Mandatory control level risk-based capital means the product of 0.7 and the authorized control level risk-based capital; and
(4) Regulatory action level risk-based capital means the product of 1.5 and its authorized control level risk-based capital.