Nebraska § 44-9011 Failure to file own risk and solvency assessment
summary report; penalty

Nebraska Statutes

§ 44-9011 — Failure to file own risk and solvency assessment summary report; penalty

Nebraska § 44-9011

Ch. 44Insurance

This text of Nebraska § 44-9011 (Failure to file own risk and solvency assessment summary report; penalty) 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. § 44-9011 (2026).

Text

Any insurer failing, without just cause, to timely file
its own risk and solvency assessment summary report as required in the Risk
Management and Own Risk and Solvency Assessment Act shall be required, after
notice and hearing, to pay a penalty of not to exceed two hundred dollars
for each day's delay. The maximum penalty under this section is ten thousand
dollars. The director may reduce the penalty if the insurer demonstrates to
the director that the imposition of the penalty would constitute a financial
hardship to the insurer. The director shall remit any penalties collected
under this section to the State Treasurer for distribution in accordance with
Article VII, section 5, of the Constitution of Nebraska.

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Any insurer failing, without just cause, to timely file
its own risk and solvency assessment summary report as required in the Risk
Management and Own Risk and Solvency Assessment Act shall be required, after
notice and hearing, to pay a penalty of not to exceed two hundred dollars
for each day's delay. The maximum penalty under this section is ten thousand
dollars. The director may reduce the penalty if the insurer demonstrates to
the director that the imposition of the penalty would constitute a financial
hardship to the insurer. The director shall remit any penalties collected
under this section to the State Treasurer for distribution in accordance with
Article VII, section 5, of the Constitution of Nebraska.