Nebraska News

Nebraska Plan Offers Online Rating For Private Passenger Applicants

The Nebraska Automobile Insurance Assigned Risk Plan offers an online rating interface for certain private passenger risks applying for auto insurance coverage. The interface is a feature of an electronic application submission interface called “EASi,” which was introduced in February …

Donegal Group Reports ‘Solid’ 2004 Results

Pennsylvania-based Donegal Group Inc.reported that net income for year ended December 31, 2004 reached an historic high for the company. Net income for the year ended December 31, 2004 was $31,614,269, compared to $18,293,976, for the year ended December 31, …

‘Cheeseburger’ Bills Filling Up Lawmakers’ Plates in 17 States

Nebraska state Sen. Jeanne Combs used to weigh more than 300 lbs., and she hopes that fact will carry some weight in her campaign to prohibit people from suing the fast-food industry for making them fat. Combs, who represents District …

Neb. DOI Says 30,000 Covered by Possibly Fraudulent Health Plans

Citing a report from Robert Wood Johnson Foundation, the Nebraska Department of Insurance stated that an estimated 30,145 Nebraskans were found to be covered by self-insured Multiple Employer Welfare Arrangements. As a percentage of Nebraska’s population, that number places the …

Schinnerer’s Not-for-Profit D&O Program Adds Stand-Alone Fiduciary Coverage

Victor O. Schinnerer & Company’s Not-for-Profit D&O Program has added another coverage line to its portfolio: stand-alone fiduciary coverage. The policy offers fiduciary liability coverage for any employee acting as a fiduciary on behalf of the organization: directors, officers and …

Neb. Inches Closer to File-and-Use for Personal Lines

The Nebraska Banking, Commerce, and Insurance Committee recently approved a personal-lines deregulation bill, according to the Des Plaines, Ill.-based Property Casualty Insurers Association of America. The bill, LB 119, is similar to a statute passed two years regarding commercial lines …

REFUNDS FOR DAMAGED VEHICLES:

Texas Attorney General Greg Abbott signed a settlement ensuring refunds totaling up to $10 million to Texans who unknowingly purchased vehicles that were previously damaged and deemed total losses by State Farm Mutual Automobile Insurance Co. The company, which voluntarily …

Best Affirms National Indemnity ‘A++’ Rating

A.M. Best Co. announced that it has affirmed the financial strength rating of “A++” (Superior) of National Indemnity Group. The rating also applies to National Indemnity Company and its eight affiliated non-life and life insurance companies that support the group’s …

Neb. DOI Says 30,000 Covered by Possibly Fraudulent Health Plans

Citing a report from Robert Wood Johnson Foundation, the Nebraska Department of Insurance stated that an estimated 30,145 Nebraskans were found to be covered by self-insured Multiple Employer Welfare Arrangements. As a percentage of Nebraska’s population, that number places the …

First Acceptance Corp. Clarifies Confusion With Iowa-Based Insurer That Filed Chapter 11

First Acceptance Corp., whose insurance subsidiaries provide nonstandard private passenger automobile insurance and operate in many states under the trade name “Acceptance Insurance,” said “it is not affiliated nor involved in any manner” with Iowa-based Acceptance Insurance Cos. Inc., which …