210 Neb. Admin. Code, ch. 73, § 011

Current through September 17, 2024
Section 210-73-011 - Continued use of an unapproved policy form for a commercial policyholder that no longer qualifies as a Class RFS or Class RF exempt commercial policyholder

A policyholder may continue to purchase coverage using an unapproved policy form, even though the policyholder no longer qualifies as a Class RFS or Class RF exempt commercial policyholder, if:

(a) Such policy form was originally agreed to during a period of time for which the policyholder could purchase coverage using policy forms which had not been approved; and
(b) The policyholder's aggregate commercial property and casualty insurance premiums are at least $50,000 per year.

210 Neb. Admin. Code, ch. 73, § 011