Nebraska News

Ind. Legislative Proposal Would Lower Premium Tax to 1 Percent

A national insurance trade group provided supporting testimony this week, as Indiana took a step forward in attracting more insurance jobs to the state by lowering its insurance premium tax to 1 percent. “The House Insurance Committee’s unanimous approval of …

People and Places

Missouri Governor Matt Blunt recently announced that Insurance Director Dale Finke will retire in 2007. Finke served as director for the past two years while the department gained responsibility for oversight of banks, credit unions and other financial institutions, as …

Regulators Name 2007 Key Committee Chairs

The National Association of Insurance Commissioners (NAIC) today named its 2007 Committee chairs and vice chairs. The NAIC officers, most immediate past president and zone representatives met earlier this month to make assignments based on the preferences submitted by the …

Mich. Becomes 29th State to Join Interstate Compact

Michigan Governor Jennifer M. Granholm has signed legislation permiting Michigan to join the Interstate Insurance Product Regulation Compact Commission, making Michigan the 29th state to join the Commission. Created through the National Association of Insurance Commissioners, the Commission provides participating …

Neb. Insurance Director Names Chief Financial Examiner

Tim Wagner, director of the Nebraska Department of Insurance, recently announced the promotion of James Nixon to chief financial examiner. Nixon has served as the Department’s Acting chief financial examiner for the past six months following the retirement of David …

It Figures

$20 billion The federal flood insurance program may be going broke after incurring $20 billion in debt from recent storms like Hurricane Katrina. But that hasn’t stopped politicians from trying to extend the taxpayer-subsidized coverage for some of the riskiest …

Drunk driving death rates decline in 23 states

Drunken-driving deaths declined slightly across the nation in 2005, and the rate of drunken-driving deaths fell in 23 states, according to transportation officials. The National Highway Traffic Safety Administration reported that 23 states and Puerto Rico had a decrease in …

Sales of Federal Flood Insurance Policies Rose 13% in 2006

Sales of federal flood insurance rose sharply across the country last year after homeowners witnessed the devastation wrought by Hurricane Katrina and realized that typical insurance policies didn’t cover many victims’ losses. From November 2005 to November of last year, …

It Figures

$20 billion The federal flood insurance program may be going broke after incurring $20 billion in debt from recent storms like Hurricane Katrina. But that hasn’t stopped politicians from trying to extend the taxpayer-subsidized coverage for some of the riskiest …

Drunk driving death rates decline in 23 states

Drunken-driving deaths declined slightly across the nation in 2005, and the rate of drunken-driving deaths fell in 23 states, according to transportation officials. The National Highway Traffic Safety Administration reported that 23 states and Puerto Rico had a decrease in …