Nebraska Department of Insurance

Nebraska Department of Insurance




PRESS RELEASES AND NOTICES


NOTICE

TO: ALL TITLE INSURERS AND TITLE INSURANCE AGENTS

FROM: NEBRASKA DEPARTMENT OF INSURANCE

DATE: APRIL 7, 2005

RE: AMENDMENT OF CHAPTER 34 OF THE INSURANCE DEPARTMENT RULES



Chapter 34 of the Insurance Department Rules has now been filed with the Secretary of State for adoption.

Chapter 34 entitled, "Title Insurance" was amended to implement amendments to Neb. Rev. Stat. §44-19,116 by eliminating the Title Insurance Agent CPA Audit requirements. The amendments also outline specific records retention requirements for title insurance agents as allowed under Neb. Rev. Stat. §44-19,117. The rule was filed with the Secretary of State on March 29, 2005 with implementation date to be April 3, 2005.

Copies of Chapter 34 may be obtained through the Nebraska Department of Insurance web site at www.doi.ne.gov, or by forwarding a check, payable to the Nebraska Department of Insurance, in the amount of $2.50 for each copy requested to the Nebraska Department of Insurance, 941 O Street, Suite 400, Lincoln, Nebraska 68508. Any questions concerning Chapter 34 should be directed to Janette Adair at (402) 471-2201.