Surplus lines licensee; policy; information required.

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44-5509. Surplus lines licensee; policy; information required.

A surplus lines licensee shall stamp or type upon the declaration page of each policy procured and delivered under the Surplus Lines Insurance Act the following information: (1) The licensee's name, business address, and surplus lines license number; (2) the name under which the licensee transacts business if different than the licensee's own name; and (3) the language: This policy is issued by a nonadmitted insurer, and in the event of the insolvency of such insurer, this policy will not be covered by the Nebraska Property and Liability Insurance Guaranty Association.

Source

  • Laws 1978, LB 836, § 7;
  • Laws 1989, LB 92, § 34;
  • R.S.Supp.,1990, § 44-147.01;
  • Laws 1992, LB 1006, § 9.

Cross References

  • Nebraska Property and Liability Insurance Guaranty Association, see section 44-2404.


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