Change provisions relating to the Unfair Insurance Trade Practices Act, the Nebraska Property and Liability Insurance Guaranty Association Act, and mutual insurance holding companies and eliminate the provisions of the Health Insurance Access Act and the Health Care Purchasing Pool Act

LB 326 amends Nebraska's insurance laws to update definitions and procedures under the Unfair Insurance Trade Practices Act and related statutes. It redefines key terms like "insurer" and "customer," changes the Director of Insurance's authority, and updates rules for claims, settlements, and annual reporting. The bill specifically eliminates the Health Insurance Access Act and Health Care Purchasing Pool Act, removing those frameworks from state law. These changes primarily affect insurance companies, consumers purchasing insurance, and the Nebraska Department of Insurance.