Nebraska Insurance Code definition

Nebraska Insurance Code means the insurance laws and regulations of the State of Nebraska.
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Examples of Nebraska Insurance Code in a sentence

  • The Nebraska Insurance Code provides that amounts may be paid as dividends on an annual basis without prior approval up to a maximum of the greater of (1) statutory net income, excluding realized capital gains, for the preceding year plus any carryforward net income from the previous two calendar years that have not already been paid out as dividends or (2) 10% of statutory policyholders' surplus as of the preceding December 31.

  • From January 1, 2010, through the date hereof, the Company has paid ordinary dividends to its stockholders of $37,080,000 and has not paid any extraordinary dividend or made any other extraordinary distribution to its shareholders that would have required the approval or non-disapproval of the Nebraska Director of Insurance pursuant to Section 44-2134 of the Nebraska Insurance Code.

  • All such investments comply with the investment guidelines adopted by the Board of Directors (or investment committee) of the Company and substantially comply with any and all investment restrictions under the Nebraska Insurance Code.

  • The Company further represents and warrants that it is an insurance company duly organized and in good standing under applicable law and that it has legally and validly established each Account prior to any issuance or sale thereof as a segregated asset account under Section 44-4-2.01 of the Nebraska Insurance Code and each Account is exempt from registration under the 1940 Act.

  • Pima County Transfer of Development Rights (TDR)- Establishes statutory authority and a framework for inter- jurisdictional transfers of development rights providing new tools for environmental protection.

  • At a special meeting of the Company's stockholder, held on April 20, 1978 in the manner prescribed by the Nebraska Insurance Code and the Nebraska Business Corporation Act, the following amendment to the Articles of Incorporation was adopted: ARTICLE V.

  • It is essential to determine whether a license is required to export or re-export a product to a particular destination or end-use.

  • All Terrain Vehicles (ATV) are not defined under the Nebraska Insurance Code 60-339.

  • The conditions of the above obligations are:Whereas the above named Principal has applied to the Nebraska Department of Insurance for a license as a Public Insurance Adjuster to engage in or continue the business of insurance as a Public Insurance Adjuster in accordance with the Nebraska Insurance Code; Now, Therefore, should the Principal discharge losses that result from any final judgment recovered against the Principal by any customer, this obligation will become void.

  • The Nebraska Insurance Code provides that amounts may be paid as dividends on an annual basis without prior approval up to a maximum of the lesser of (1) statutory net income, excluding realized capital gains, for the preceding year plus any carryforward net income from the previous two calendar years that have not already been paid out as dividends or (2) 10% of statutory policyholders' surplus as of the preceding December 31.

Related to Nebraska Insurance Code

  • Insurance Commissioner means the Insurance Commissioner

  • Individual health insurance coverage means health insurance coverage offered to individuals in the

  • Health insurance coverage means benefits consisting of medical care (provided directly, through

  • Group health insurance coverage means in connection with a group health plan, health insurance

  • Regulated Insurance Company means any Subsidiary of the Borrower, whether now owned or hereafter acquired, that is authorized or admitted to carry on or transact Insurance Business in any jurisdiction and is regulated by any Applicable Insurance Regulatory Authority.

  • FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.

  • Flood Insurance Laws means, collectively, (i) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (iii) the National Flood Insurance Reform Act of 1994 as now or hereafter in effect or any successor statute thereto and (iv) the Flood Insurance Reform Act of 2004 as now or hereafter in effect or any successor statute thereto.

  • Insurance Laws means all Laws applicable to the business of insurance or the regulation of insurance companies.

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Health insurance carrier or "carrier" means any entity subject to the insurance

  • Blanket insurance policy means a group policy covering a defined class of

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

  • Insurance Cover means the aggregate of the maximum sums insured under the insurance taken out by the Contractor pursuant to Article 20, and includes all insurances required to be taken out by the Contractor under Clauses 20.1 and 20.9 but not actually taken, and when used in the context of any act or event, it shall mean the aggregate of the maximum sums insured and payable or deemed to be insured and payable in relation to such act or event;

  • Health insurance issuer means an insurance company, or insurance organization (including a health

  • In-Orbit Insurance means, with respect to any Satellite (or, if the entire Satellite is not owned by the Issuer or any Restricted Subsidiary, as the case may be, the portion of the Satellite it owns or for which it has risk of loss), insurance (subject to a right of co-insurance in an amount up to $150.0 million) or other contractual arrangement providing for coverage against the risk of loss of or damage to such Satellite (or portion, as applicable) attaching upon the expiration of the launch insurance therefor (or, if launch insurance is not procured, upon the initial completion of in-orbit testing) and attaching, during the commercial in-orbit service of such Satellite (or portion, as applicable), upon the expiration of the immediately preceding corresponding policy or other contractual arrangement, as the case may be, subject to the terms and conditions set forth in this Indenture.

  • Health insurance means protection which provides payment of benefits for covered sickness or injury.

  • R&W Insurance Policy has the meaning set forth in Section 6.15.

  • Credit unemployment insurance means insurance:

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Flood Insurance Regulations means (a) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (b) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statute thereto, (c) the National Flood Insurance Reform Act of 1994 (amending 42 USC § 4001, et seq.), as the same may be amended or recodified from time to time, and (d) the Flood Insurance Reform Act of 2004 and any regulations promulgated thereunder.

  • FHA Mortgage Insurance Contract means the contractual obligation of the FHA respecting the insurance of a Mortgage Loan.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • Insurance Contract means a contract (other than an Annuity Contract) under which the issuer agrees to pay an amount upon the occurrence of a specified contingency involving mortality, morbidity, accident, liability, or property risk.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • group insurance means blanket insurance and franchise insurance and any other forms of group insurance.