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.
Being a big insurer will cost Berkshire Hathaway Inc. dearly when severe catastrophes strike, but it is a good place to be in the midst of an economic downturn, Chairman Warren Buffett said. “We are lucky,” said Buffett, as he …
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 irresponsibility in their conduct of insurance business. Several situations revealed that the insurers placing …
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 with the financial analysis of Nebraska domestic insurance companies.
A fight over whether to increase workers’ compensation benefits is brewing in the Nebraska Legislature. State Sen. Steve Lathrop of Omaha said during debate on a worker’s compensation measure (LB630) that lawmakers have helped farmers and businesses with a variety …
News and updates from Nebraska Workers’ Compensation Court are now available on Twitter. Twitter is a free service that lets you keep in touch with people through the exchange of quick, frequent answers to the question: “What are you doing?” …
The trustee of a troubled Grand Island, Neb., insurance agency has warned customers of an affiliated company to find a new insurer. In letters sent this week to First Nations Compensation Plan customers, Thomas Stalnaker said the company does not …
Moody’s Investors Service cut its credit ratings on Berkshire Hathaway Inc from Aaa, the top rating, saying the recession and investment losses at insurance operations of investor Warren Buffett’s holding company reduced its ability to support funding needs. Wednesday’s cut …
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 state Supreme Court upholding a …
Auto Club Insurance Association, a Dearborn, Mich.-based insurer (ACIA), has acquired MEEMIC Insurance Company (MEEMIC) and its insurance agency affiliate, MEEMIC Insurance Services Corporation. ACIA offers a full range of personal lines insurance products and services through a network of …
