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Current as of January 01, 2024 | Updated by FindLaw Staff
(1) All policy forms and related rules of attachment shall be filed with the director in accordance with section 44-7508.02, except that an insurer may at its option file policy forms and related rules of attachment in accordance with section 44-7513 and filings for the following shall be filed in accordance with section 44-7513:
(a) Filings made by advisory organizations;
(b) Workers' compensation and employers liability insurance;
(c) Excess workers' compensation and employers liability insurance;
(d) Medical professional liability insurance;
(e) Insurance in noncompetitive markets as determined pursuant to section 44-7507;
(f) Liability and physical damage coverages relating to the rental of private passenger automobiles on a nonfleet basis;
(g) Insurance written by joint underwriting pools or joint reinsurance pools;
(h) Insurance written in an assigned risk plan; and
(i) Insurance covering risks of a personal nature written for business entities if the costs for the insurance are charged to individuals. This does not include coverage provided without a separate charge by business entities for their customers.
(2)(a) If the director, after notice and hearing in accordance with the Administrative Procedure Act, finds that an insurer has made filings pursuant to section 44-7508.02 that have failed to meet the filing standards contained in such section with such frequency as to indicate a general business practice that disregards the requirements of such section or finds that the insurer committed one or more egregious acts relating to the filing standards, the director shall order that the insurer's filings be made subject to the requirements of section 44-7513.
(b) Upon application by an insurer affected by an order issued pursuant to subdivision (2)(a) of this section demonstrating that its filings made subsequent to the order have been in compliance with section 44-7508.02 without the need for the director to request that the original filings be amended, the director may vacate such order. The director shall consider any such application within thirty days after its receipt for any order that has been in effect for more than nine months since its inception or since it was last reviewed by the director pursuant to an application by the insurer.
Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 44. Insurance § 44-7508.01. Policy forms and related rules of attachment; filing; contents; failure to file; effect - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-44-insurance/ne-rev-st-sect-44-7508-01/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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