Neb. Rev. Stat. § 44-4832

Current with changes from the 2024 legislative session enacted on or before 4/18/2024
Section 44-4832 - Reinsurer's liability

The amount recoverable by the liquidator from reinsurers shall not be reduced as a result of the delinquency proceedings, regardless of any provision in the reinsurance contract or other agreement. Payment made directly to an insured or other creditor shall not diminish the reinsurer's obligation to the insurer's estate except when the reinsurance contract provided for direct coverage of a named insured and the payment was made in discharge of that obligation.

Neb. Rev. Stat. § 44-4832

Laws 1989, LB 319, § 32.