Latest Nebraska Headlines
All the headlines from our Nebraska Topic Page, ordered by recency.
Accounts of Nebraska’s Grand Island Insurance Firm Frozen
Mar 9 2009 // The bank accounts of a Grand Island insurance agency under investigation for an alleged Ponzi scheme and the accounts of a related company have been frozen. An attorney representing First Americans Insurance Service in its...
Nebraska Supreme Court to Rule on Insurance Guaranty Fund Viatical Role
Mar 4 2009 // Nebraska’s highest court will determine whether a state insurance guaranty fund must cover nearly $1 million in losses suffered by 26 Nebraskans in a life insurance deal. The Nebraska Supreme Court heard arguments...
Nebraska Trial in Florida Insolvent Insurer Case Put on Hold
Feb 25 2009 // The Nebraska Supreme Court has ordered a judge to put a new trial on hold in a multimillion-dollar insurance dispute and follow the high court’s ruling from last summer. Last June, the Supreme Court threw out the...
Principal of Nebraska Agency Under Investigation Files for Bankruptcy
Feb 23 2009 // One of the principals of a Grand Island business suspected in a Ponzi scheme has filed for bankruptcy. Stella Levea of Grand Island says in her Chapter 11 bankruptcy filing that she owes between $1 million and $10 million....
FBI Involved in Probe of Nebraska’s Grand Island Insurance Agency
Feb 9 2009 // The FBI is involved in the investigation of a Grand Island insurance agency suspected in a Ponzi scheme. An FBI investigator, accompanied by a Nebraska state trooper, visited First Americans Insurance Service on...
Nebraska’s Grand Island Insurance, Under Investigation, Loses Licenses
Jan 30 2009 // Three principals of a Grand Island insurance agency under investigation amid allegations of a Ponzi scheme have agreed to have their insurance licenses revoked. A state hearing had been set for next week to consider...
Nebraska Sets Hearing into Grand Island Insurance, Lost $100 Million
Jan 26 2009 // A bankruptcy hearing has been scheduled for a Grand Island insurance agency under investigation by the state. First Americans Insurance Service filed for Chapter 11 bankruptcy protection on Jan. 12, claiming between $100...
Nebraska Insurance Agency Faces Probe for Alleged Ponzi Scheme
Jan 23 2009 // An alleged Ponzi scheme by a Grand Island insurance agency that recently filed bankruptcy listing more than $100 million in debt is being investigated. Attorney General Jon Bruning this week authorized the State...
Citing Economy, Nebraska’s Physicians Mutual Lays Off 50 Employees
Jan 20 2009 // Omaha’s Physicians Mutual has announced it has laid off 50 employees because of tough economic times. Before the announcement, the insurance company employed about 1,000 people at its corporate office. Company...
Nebraska Disaster Response Volunteers Have Immunity, AG Rules
Jan 20 2009 // Volunteers preparing to respond to disasters in Nebraska have the same immunity from liability as those in paid positions. That’s the legal opinion of Attorney General Jon Bruning’s office in response to...
Nebraska Businessman Accused of Fraud Sues Insurance Company
Dec 10 2008 // An Omaha, Neb. businessman who’s facing several lawsuits accusing him of fraud has filed his own lawsuit. Bryan Behrens is suing Kansas City, Mo.-based Arch Insurance Co. saying it’s responsible for his defense...
FARA Insurance Services Opens Midwest Operations in Nebraska
Nov 14 2008 // Mandeville, La.-based FARA Insurance recently announced that it’s expanding operations into the Midwest. On Dec. 1, 2008, FARA is opening an office in Omaha, Neb. and adding 13 new employees to its service team. FARA...
Labor Report: Homicide 2nd Most Common Cause of Death in Nebraska
Nov 13 2008 // The U.S. Bureau of Labor Statistics says 63 Nebraskans died while working in 2007, and the 16 traffic deaths and eight homicides were the most common causes of death. Spokesman Paul LaPorte says the bureau doesn’t...
Neb. State Treasurer Announces Change In State Farm College Plan
Nov 4 2008 // Nebraska State Treasurer Shane Osborn announced that effective Nov. 1, 2008, OFI Private Investments (OFIPI), a subsidiary of OppenheimerFunds Inc., will become the new investment manager and service provider for the State...
Neb. Sued Over Alleged Illegal Overtime Directive
Sep 12 2008 // A former employee in the Nebraska treasurer’s office has filed a lawsuit against the state alleging he was directed to illegally create a computer program to prohibit employees from filing for overtime. Robert...
Nebraska County Rejects Anti-Drunken Driving Grant
Aug 29 2008 // The Gage County Board of Supervisors has again rejected a grant to hire an attorney to prosecute alcohol-related crime. The board says it would cost the county too much in the long run because the grant did not cover...
Figures
Aug 21 2008 // $100,000 Many property owners suffered large losses in the June 2008 flooding event in southern Wisconsin. But few lost a fleet. James Pritzlaff’s collection of classic cars is still under about four feet of water...
Nebraska Legislator Pushes for Change in Seat Belt Law
Aug 19 2008 // A Nebraska state senator wants to change the state’s seat belt law. Sen. John Harms of Scottsbluff wants to make the law a primary violation, which means a driver could be pulled over for not buckling up. Under...
More Nebraska Beef Recalled Despite Assurances
Aug 11 2008 // Federal authorities last month assured consumers that a meat plant linked to nearly 50 illnesses caused by tainted ground beef had made enough changes after a recall to ensure that its products were safe. Less than a month...
Nebraska Notes Changes to Producer Licensing
Jul 29 2008 // The Nebraska Department of Insurance issued a notice to insurance agents that it has adopted uniform producer licensing measures for reciprocity reasons. The department’s announcement stated that producer lines of...
