Latest Nebraska Headlines
All the headlines from our Nebraska Topic Page, ordered by recency.
NE Oklahoma Chapter of CPCU Society Installs New Officers
Jun 11 2009 // The Northeastern Oklahoma chapter of the CPCU Society has installed new officers for 2009-2010. The new officers are President Ron Comeau, President-Elect Amy Bradley-Waters, Vice President J.D. Hatter and...
It Figures
Jun 1 2009 // $5 Million The estimated cost of repairs and clean-up at Southern Illinois University at Carbondale as a result of high winds that tore through the campus in May. Much of that total will go to fix broken windows and roof...
Nebraska Adds Engel as Insurance Fraud Investigator
May 5 2009 // The Nebraska Department of Insurance announced that Mike Engel will begin employment as an insurance fraud investigator on May 13. Engel comes to the Division with 30 years experience with the Lincoln Police Department.
Nebraska Warns of Improper Producer Practices
May 4 2009 // The Nebraska Department of Insurance Market Conduct Division has responded to several situations recently that involve insurance producers engaging in fraudulent, dishonest practices, and demonstrating financial...
Nebraska Adds Hofmeister in Examination Division
May 4 2009 // Joe Hofmeister, a 2004 Nebraska Wesleyan graduate, has joined the Nebraska Department of Insurance Examination Division. He will be responsible for performing pre-need examinations throughout the state. He also will assist...
Nebraksa Rules Insurance Exclusion Applies to Liquidator
Apr 6 2009 // A regulatory exclusion in a directors and officers liability insurance policy applies to an insurance regulator acting as liquidator, according to the Nebraska Supreme Court. The ruling is believed to be the first by any...
Insurance Exclusion Applies to Liquidator, Nebraska Court Rules
Mar 24 2009 // A regulatory exclusion in a directors and officers liability insurance policy applies to an insurance regulator acting as liquidator, according to the Nebraska Supreme Court. The ruling is believed to be the first by any...
A.M. Best: Negative Outlook for Nebraska’s Battle Creek Mutual
Mar 19 2009 // A.M. Best Co. has affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of Battle Creek Mutual Insurance Co. in Nebraska. The outlook for both ratings has been revised to...
Nebraska Bank Employee Wins Reversal on Medical Bias Ruling
Mar 16 2009 // A federal appeals court has reversed a lower court ruling against a former Beatrice bank worker who said he lost his job because of his rare voice disorder. The 8th U.S. Circuit Court of Appeals on Friday ruled in a case...
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...
