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Insurer; prohibited acts; copy of statement of financial condition; obtain.

Neb. Rev. Stat. § 44-5606
in effect
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44-5606. Insurer; prohibited acts; copy of statement of financial condition; obtain. (1) An insurer shall not engage the services of any person, firm, association, or corporation to act as a reinsurance intermediary-broker on its behalf unless such person, firm, association, or corporation is licensed as required by subsection (1) of section 44-5603. (2) An insurer may not employ a person who is employed by a reinsurance intermediary-broker with which it transacts business unless such reinsurance intermediary-broker is under common control with the insurer and subject to the Insurance Holding Company System Act. (3) An insurer shall annually obtain a copy of statements of the financial condition of each reinsurance intermediary-broker with which it transacts business. Laws 1992, LB 1006, § 60.
Source: Nebraska Legislature (nebraskalegislature.gov)URL: https://nebraskalegislature.gov/laws/statutes.php?statute=44-5606Fetched: 10/20/2026

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