Nebraska Revised Statutes
Neb. Rev. Stat. § 44-2401 (2026)
Purpose of act
✓ current as of July 2026
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The purpose of the Nebraska Property and Liability Insurance Guaranty Association Act is to provide a method for the payment of certain claims against insolvent insurance companies, as defined in the act, to avoid unnecessary delay in payment of such claims, to avoid financial loss to claimants or to policyholders, to assist in the detection and prevention of insurer insolvencies, and to provide an association of insurers against which the cost of such protection may be assessed in an equitable manner.
Notes of Decisions
Cited in 3
cases, 1989–2007 · leading case: Peterson v. Minden Beef Co., 434 N.W.2d 681 (Neb. 1989).
Peterson v. Minden Beef Co., 434 N.W.2d 681 (Neb. 1989). “The plaintiff presented a claim for filing under the Nebraska Property and Liability Insurance Guaranty Association Act, Neb. Rev. Stat. §§ 44-2401 to 44-2418 (Reissue 1984), which provides for the payment of certain claims against insolvent insurance companies.”
Alsobrook v. Jim Earp Chrysler-Plymouth, Ltd., 740 N.W.2d 785 (Neb. 2007). “Because there is a genuine issue of material fact as to what damages are covered and excluded under the insurance policy, we reverse the judgment of the district court and remand the cause for further proceedings.”
Alsobrook v. Jim Earp Chrysler-plymouth, Ltd., 274 Neb. 374 (Neb. 2007). “Because there is a genuine issue of material fact as to what damages are covered and excluded under the insurance policy, we reverse the judgment of the district court and remand the cause for further proceedings.”
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