The purpose of the Unfair Insurance Trade Practices Act is to regulate unfair trade practices in the business of insurance, in accordance with the intent of the Congress of the United States as expressed in Public Law 79-15, by defining, or providing for the determination of, all acts and practices in this state which constitute unfair trade practices and by prohibiting the acts and practices so defined or determined.
Neb. Rev. Stat. § 44-1522
Purpose of act
Applied in 2 court decisions — leading case White v. Medico Life Insurance (1982)
Most recently applied in White v. Medico Life Insurance (December 1982)
Laws 1973, LB 349, § 1; Laws 1991, LB 234, § 4.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.