Viatical Settlement Broker License in Nebraska

Nebraska licenses insurance professionals as Insurance Producers through the Nebraska Department of Insurance. Nebraska's insurance market is shaped by its agricultural economy and severe weather exposure, particularly tornadoes, hailstorms, and severe thunderstorms in the central Great Plains. Omaha is the state's primary insurance and financial services center, notably serving as headquarters for Mutual of Omaha and Berkshire Hathaway, one of the world's largest insurance and holding companies. This concentration of insurance industry leadership creates a robust local market for agent appointments and career opportunities. Pre-licensing education requires approximately 40 hours per major line of authority. Nebraska requires criminal background checks and may deny licenses for certain felony convictions. Crop insurance is a significant line given Nebraska's position as a top corn and soybean producing state. Continuing education is 24 hours biennially, including 3 hours of ethics. Nebraska participates in NIPR for non-resident licensing. The state does not mandate E&O insurance for individual producers by statute.