Nebraska Administrative Code
Topic - INSURANCE, DEPARTMENT OF
Title 210 - NEBRASKA DEPARTMENT OF INSURANCE
Chapter 59 - RULE IMPLEMENTING MANAGING GENERAL AGENTS ACT (AMENDED)
Section 210-59-004 - Bond
Universal Citation: 210 NE Admin Rules and Regs ch 59 ยง 004
Current through September 17, 2024
Coverage is to be written by an insurer that is different from and otherwise not affiliated with the insurer contracting with the managing general agent. All bonds are to be executed on a form approved by the Department and executed by an insurer licensed in Nebraska or operating under the Nebraska Surplus Lines Act with coverage placed through a surplus lines licensee, with a copy of the executed bond kept on file for review by any applicable state insurance director, superintendent, or commissioner.
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