Net loss means the excess of incurred claims plus expenses over the sum of written and renewed premiums and other appropriate revenue.
Neb. Rev. Stat. § 44-4213
Net loss, defined
Laws 1985, LB 391, § 13; Laws 2000, LB 1253, § 17.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.