Nebraska Department of Insurance (2024)

For questions about forming a new insurance company or to redomicilingto Nebraska, please contact:

Lindsay Crawford, CFE
Chief Financial Regulator
(402) 471-4734
Lindsay.Crawford@nebraska.gov

Nebraska utilizes the NAIC Uniform Certificate of Authority Application ("UCAA") for expansion applications of foreign insurers. Nebraska prefers all information, including biographical affidavits, be electronically uploaded to the UCAA. There are no state specific requirements.

• Application -The UCAA and related information can be found at this link
  

• Fees -The Department has a $1,000 non-refundable pre-admission review fee that is retaliatory. This fee can be paid through our online payment portal.Select UCAA fees, Expansion application, and then upload a copy of the 2E.

  • ​All fees are retaliatory - Neb. Rev. Stat.§ 44-150
    

• Once the application is approved, there is a $300 Certificate of Authority issuance fee of $300 that can be paid through the online portal.Select Certificate of Authority issuance.
  

• Statute -Please review Nebraska Insurance Laws, Chapter 44
  

• Contact -Questions regarding an expansion application can be directed to doi.companylicensing@nebraska.gov

Nebraska utilizes the NAIC Certificate of Authority Application ("UCAA") Corporate Amendment for the filing of company changes for foreign insurers authorized to do business in the state. Nebraska prefers all information related to the corporate amendment be uploaded electronically to the UCAA, including biographical affidavits if applicable.

• Application -The UCAA and related information can be found at this link
  
• Fees -A list of Department fees associated with the Corporate Amendment can be found hereand are retaliatory perNeb. Rev. Stat. § 44-150.The fees can be paid through our online payment portal.Select UCAA fees, Corporate Amendment, and upload a copy of the 2C
  
• Contact -Questions regarding corporate amendments can be directed to doi.companylicensing@nebraska.gov

Companies wishing to operate as an Advisory Organization in Nebraska are required to have a Certificate of Authority ("CoA") to do so.

• Application -There is no fee for the CoA application, requirements are listed inNeb. Rev. Stat.§ 44-7523. Complete the applicationand submit it and the information requested electronically to doi.companylicensing@nebraska.gov
  

• Annual Requirements -Advisory Organization CoA's expire annually on April 30. The renewal fee is $100 and should be submitted through the Department's online portal.The renewal and payment should be received by the Department on or before April 1 of each year.
  

• Statutory Reference - Neb. Rev. Stat.§ 44-7522
  

• Contact -Questions regarding licensing or renewing Advisory Organizations can be directed to doi.companylicensing@nebraska.gov

Motor Club Service organizations (Motor Club) in Nebraska are required to have a certificate of authority ("CoA") to do so. A Motor Club is defined in Neb. Rev. Stat.§ 44-3703 and 44-3707 and can be accessed via the statutory reference.

• Application -There is a $100 application fee that can be paid when submitting the application. The application should be submitted through the Department's online portal.Application requirements are listed hereand Neb. Rev. Stat.§ 44-3712.
  

• Before a Motor Club can be authorized they must also have a deposit of $50,000 in cash or securities withthe Department or a surety bond of $50,000. Additional information regarding this can be found in Neb. Rev. Stat.§ 44-3709.
  
• Annual Requirements -Motor Club CoA's expire annually on April 30. The renewal fee is $100 and should be submitted through the Department online portal.The renewal also requires the company to upload their previous year's financial statements. Additional information regarding the renewal can be found atMotor Club Application Informationand Neb. Rev. Stat.§ 44-3713. Additional information regarding the renewal can be found atNeb. Rev. Stat.§ 44-3713.
  
• Statutory Reference - Motor Club Services Act
  
• Contact - Questions regarding the licensing or renewal of Motor Clubs can be directed to doi.companylicensing@nebraska.gov

Multiple Employer Welfare Arrangements ("MEWA") if they meet the definition under 29 U.S.C. 1002and are sponsored by an association of employers that offer a health benefit plan that is not fully insured.

• Application -There is a $1,000 application fee that can be paid when submitting the application. The application should be submitted through the Department's online portal.Application requirements are listed hereand Neb. Rev. Stat.§ 44-7605.
  
• Annual Requirements -The renewal fee is $200 and should be submitted through the Department's online portal.The renewal and payment should be submitted to the Department within 90 days of the end of the fiscal year or no later than March 31. Additional information regarding the renewal can be found in Neb. Rev. Stat.§ 44-7613. You will need to complete the renewal form and attach financial statements (balance sheet and income statement), actuary reports, and compliance reports.
  
• Statutory Reference -Multiple Employer Welfare Arrangement Act
  
• Contact -Questions regarding the licensing or renewal of MEWA's can be directed to doi.companylicensing@nebraska.gov

Pharmacy Benefit Managers ("PBM") in Nebraska are required to have a certificate of authority ("CoA") to do so. A PBM is defined in Neb. Rev. Stat.§ 44-4603.

• Application -There is a $500 application fee that can be paid when submitting the application. The application should be submitted through the Department's online portal.Application requirements are listed in Neb. Rev. Stat.§ 44-4605.

  • ​Additional application information can be found here

  • The following checklistwill need to be completed and submitted with the application
    

• ​Annual Requirements -PBM's CoA's expire one year from date of issuance. The renewal fee is $250 and should be submitted through the Department's online portal.The renewal and payment must be received on or before 30 calender days prior to expiration. Additional information regarding the renewal can be found hereand Neb. Rev. Stat.§ 44-4605.
  
• Statutory Reference - Pharmacy Benefit Manager Licensure and Regulation Act
  
• Contact -Questions regarding the licensing or renewal of PBM's can be directed to doi.companylicensing@nebraska.gov

Purchasing Groups ("PG") in Nebraska are required to be registered with the Department of Insurance. A PG is defined in Neb. Rev. Stat.§ 44-4403.

• Application -There is a $100 registration fee that can be paid when submitting the application. The application should be submitted through the Department's online portal.Application requirements are listed hereand Neb. Rev. Stat§ 44-4417.
  

• Annual Requirements -The renewal fee is $100 and should be submitted through the Department's online portal. The renewal and payment should be submitted to the Department on or before October 1. Additional information regarding the renewal can be found hereand Neb. Rev. Stat.§ 44-4417 which can be accessed via the statutory reference link below.
  

• Statutory Reference - Neb. Rev. Stat.§ 44-4416 to 44-4418.01
  
• NAIC Model Risk Retention Act
  
• Contact -Questions regarding the licensing or renewal of PG's can be directed to doi.companylicensing@nebraska.gov

Risk Retention Groups ("RRG") in Nebraska are required to be registered with the Department of Insurance. A RRG is defined in Neb. Rev. Stat.§ 44-4403.

• Application -There is no fee for the registration application and it should be completed through the Department's online portal. A sample application can be foundhere and the requirements are in Neb. Rev. Stat.§ 44-4405.
  

• Annual Requirements -There is no renewal fee; however, there is a $200 Annual Statement fee that is collected as part of the annual premium tax return. Annual premium tax returns are required to be filed with the Department on or before March 1. Additional information regarding the premium tax filing can be found here.
  
• Statutory Reference - Risk Retention Act
  
• NAIC Model Risk Retention Act
  
• Contact -Questions regarding the licensing or renewal or RRG's can be directed to doi.companylicensing@nebraska.gov

Third Party Administrators ("TPA") in Nebraska are required to have a certificate of authority ("CoA") to do so. A TPA is defined in Neb. Rev. Stat.§ 44-5802.

• Application -There is a $200 application fee that can be paid when submitting the application. The application should be submitted through the Department's online portal.Additional information regarding completing the application can be found hereand Neb. Rev. Stat.§ 44-5812.
  

• Annual Requirements -An annual statement and $200 filing fee is required to be submitted to the Department no late than March 1. The fee can be paid when submitting the Annual Statement. The statement form can be accessed through the Department's online portal.Additional information can be foundhere.
  

• Statutory Reference - Neb. Rev. Stat.§ 44-5801 - 44-5816
  
• Contact -Questions regarding the licensing or renewal of TPA's can be directed to doi.companylicensing@nebraska.gov

Viatical Settlement Providers ("VSP") in Nebraska are required to have a certificate of authority ("CoA") to do so. A VSP is defined in Neb. Rev. Stat.§ 44-1102.

• Application -There is a $1,000 registration fee that can be paid when submitting the application. The application should be submitted through the Department's online portal.Application requirements can be found hereand Neb. Rev. Stat.§ 44-1103.
  
• Before a VSP can be authorized they must also have a deposit of $250,000 in cash or securities with the Department of a surety bond of $25,000. Additional information regarding this can be found in Neb. Rev. Stat.§ 44-1103 and accessed via the statutory reference link below.
  
• Annual Requirements-VSP CoA's expire annually on April 30. There is a renewal fee of $100 which should be submitted through the Department's online portal with the Viatical Provider Annual Report.There is also a $200 filing fee that should be submitted through the Department's online portal with the Viatical Provider Mortality Report.Both of these reports and fees should be received by the Department no later than April 1. Additional information for completing the reports and the online portal.
  
• Statutory Reference - Viatical Settlements Act
  
• Contact -Questions regarding the licensing or renewal of VSP's can be directed to doi.companylicensing@nebraska.gov

Discount Medical Plan Organizations ("DMPO") in Nebraska are required to have a certificate of authority ("CoA") to do so. A DMPO is defined in Neb. Rev. Stat.§ 44-8303.

• Application -There is a $500 registration fee that can be paid when submitting the application. The application should be submitted through the Department's online portal. Application requirements and a sample application can be found hereand Neb. Rev. Stat.§ 44-8306 which can be accessed via the statutory reference link below.
  

• Annual Requirement -The renewal fee is $300 and should be submitted through the Department's online portal. The renewal and payment should be submitted to the Department on or before April 1. Additional information regarding the renewal and a sample form can be foundhereand Neb. Rev. Stat.§ 44-8306 which can be accessed via the statutory reference link below.

• Statutory Reference - Discount Medical Plan Organization Act
  
• Contact -Questions regarding the licensing or renewal of DMPO's can be directed to doi.companylicensing@nebraska.gov

Pre-Paid Dental Service Plans ("PDSP") in Nebraska are required to have a certificate of authority ("CoA") to do so. A PDSP is defined in Neb. Rev. Stat.§ 44-3802.

• Application -Information regarding the application for a PDSP can be found at Neb. Rev. Stat.§ 44-3813 .
  
• Annual Requirement -The CoA renewal fee is $100 and there is also a $200 annual statement filing fee, both of these fees are collected with the annual premium tax filing. Annual premium tax returns are required to be filed with the Department on or before March 1.Additional information regarding the premium tax filing can be found here.
  
• Statutory Reference -Neb. Rev. Stat.§ 44-3801 to 44-3826
  
• Contact -Questions regarding the licensing or renewal of PDSP's can be directed to doi.companylicensing@nebraska.gov

Pre-Paid Limited Health Service Organization ("PLHSO") in Nebraska are required to have a certificate of authority ("CoA") to do so. A PLHSO is defined in Neb. Rev. Stat.§ 44-4702.

• Application -The application fee is $100. Information regarding the application for a PLHSOcan be found at Neb. Rev. Stat.§ 44-4704 which can be access via the statutory reference link below.
  
• Annual Requirement -There is no CoA renewal fee; however, there is a $50 annual statement filing fee which is collected with the annual premium tax filing. Annual Premium tax returns are required to be filed with the Department on or before March 1. Additional information regarding the premium tax filing can be found here.
  
• Statutory Reference - Prepaid Limited Health Service Organization Act
  
• Contact -Questions regarding the licensing or renewal of PLHSO's can be directed to doi.companylicensing@nebraska.gov

Pre-Paid Legal Service Insurers ("PPLSI") in Nebraska are required to have a certificate of authority ("CoA") to do so. A PPLSI is defined in Neb. Rev. Stat.§ 44-3302.

• Application -There is a $1,000 pre-admission review fee that can be paid through the online portal, select "other." Information regarding the application for a PPLSI can be found at Neb. Rev. Stat.§ 44-3313. All information should be submitted electronically to doi.companylicensing@nebraska.gov
  
• Before a PPL can be authorized they must also have a deposit of $150,000in cash or securities with the Department or a surety bond of $150,000. Additional information regarding this can be found in Neb. Rev. Stat.§ 44-3308 and accessed via the statutory reference link below.
  
• Once the application is approved, there is a $300 CoA issuance fee that can be paid through the online portal.Select Certificate of Authority issuance.
  
• All fees are retaliatory perNeb. Rev. Stat.§ 44-150
  
• Annual Requirement -The CoA renewal fee is $100 and there is also a $200 annual statement filing fee, both of these fees are collected with the annual premium tax filing. Annual premium tax returns are required to be filed with the Department on or before March 1. Additional information regarding the premium tax filing can be found here.
  
• Statutory - Neb. Rev. Stat.§ 44-3301 to 44-3327
  
• Contact -Questions regarding the licensing or renewal of PPLSI's can be directed to doi.companylicensing@nebraska.gov

No individual or company shall makeor offer to make any pre-need burial trusts sales without first obtaining a pre-need agent or seller license from the Nebraska Department of Insurance ("Department").

• Application -An annual report is required to be submitted to the Department along with a $50 fee no later than June 1 of each year. The annual statement and fee can be submitted via the online portal, Individual Trust and Master Trust. The Department will also accept hard copy statement,Individual Trust and Master Trust,with a check made payable to the Nebraska Department of Insurance.
  

• Annual Filing Requirements - Neb. Rev. Stat.§ 12-1110
  
• Statutory Reference - Burial Pre-Need Sale Act

All foreign and domestic insurers are required to hold on depositat least $100,000. HMO's are required to hold $300,000 according toNeb. Rev. Stat.§ 44-319.02 and Neb. Rev. Stat.§ 44-319.06.

• Steps for Obtaining a deposit:

  • ​1.Contact one of the depository banks on the list below and arrange to purchase securities for depository purposes. Be sure to advise the bank that this is to be pledged to the Nebraska Department of Insurance ("Department")
    

  • 2.The Securities Control Agreementmust also be completed and signed by company, bank, and the Department
    

  • 3.The securities pledged must be in the name of the company and the Department
    

  • 4.The securities that are most often pledged are U.S. Treasury Notes, however, any security which is registered in the NAIC Valuations of Securities Database will be acceptable. Pursuant to Neb. Rev. Stat.§ 44-150 the required amount for security deposits is subject to retaliation. The security being used to fund the deposit must be approved by the Department prior to being purchased.
    

  • 5.Upon completion of the purchase, the bank is required to send tothe Department the pledge receipt which gives a description of the security including the maturity date,rate and amount and indicating the security is pledged tothe Department.
    

  • 6.The Department will send to the company a Nebraska Departmental receipt, which the company will maintain until the securities are to be released. The Department will also send the company a Certificate of Deposit.
    

  • 7.When the company wishes to release the securities, they must return the Departmental receipt to our office for authorization of release to the bank. This can be sent electronically to doi.statutorydeposits@nebraska.gov.The Department will then forward to the bank the safekeeping receipt or joint custody trust receipt authorizing the release of the securities.
    

• ​ ​Listing of authorized depositories
  

• Insurers Investment Act

Certificate's of Authority, Compliance, Deposit, or Valuation can be requested through our online portal

• There is a cost of $5 per certificate requested that can be paid through the portal, you will be asked to provide the following information:
  

  • ​What type of certificate you are requesting, i.e. Authority, Compliance, etc.
    

  • How many of each type of certificate being requested

  • If requesting a certificate of compliance indicate the as of date if different than the request date
    

  • If you want to receive an electronic copy, hard copy, or both and where we should send it