Nebraska LB326 amends insurance laws, redefines terms, and eliminates certain acts.
Nebraska LB326 amends the Unfair Insurance Trade Practices Act, the Nebraska Property and Liability Insurance Guaranty Association Act, and provisions related to mutual insurance holding companies. It redefines terms such as "customer," "director," and "insured," and modifies the definition of "health insurance lead generator." The bill also changes provisions regarding the board of directors of the Nebraska Property and Liability Insurance Guaranty Association, first-party and third-party claims, and defenses related to settlements, releases, compromises, and judgments.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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