Bill > LB967

This bill, amending the Mutual Insurance Holding Company Act, establishes requirements for how mutual insurance holding companies, which are organizations that own insurance companies and are owned by their policyholders, can provide notice of their annual meetings to their members. Specifically, it allows for electronic notice, such as direct email or posting on a designated website, as long as the member has agreed to receive notices electronically or has been previously informed about the website procedure. The electronic notice must include all legally required information, instructions for accessing meeting materials, and details on how to participate or vote electronically if permitted. The company must be able to prove that the notice was sent or published, and members can still request to receive printed materials by mail at no cost. The bill also clarifies that companies can use electronic means for other member communications and allows notice to be included within policy documents.

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https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=62984