Nebraska § 44-7528 Applicants unable to procure insurance; apportionment among insurers

Nebraska Statutes

§ 44-7528 — Applicants unable to procure insurance; apportionment among insurers

Nebraska·Ch. 44 Insurance

Insurers may agree to the equitable apportionment among them of insurance to be afforded applicants who are in good faith entitled to but who are unable to procure such insurance through ordinary methods. Such insurers may agree on the use of policy forms, rating systems, and reasonable modifications thereof for such insurance. Such agreements may include pooling arrangements or reinsurance. Such agreements, policy forms, rating systems, and modifications thereof shall be subject to the approval of the director.

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Insurers may agree to the equitable apportionment among them of insurance to be afforded applicants who are in good faith entitled to but who are unable to procure such insurance through ordinary methods. Such insurers may agree on the use of policy forms, rating systems, and reasonable modifications thereof for such insurance. Such agreements may include pooling arrangements or reinsurance. Such agreements, policy forms, rating systems, and modifications thereof shall be subject to the approval of the director.

Nebraska § 44-7528 (Applicants unable to procure insurance; apportionment among insurers) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.