The committee accepted a vendor proposal to offer an optional group whole‑life policy with a long‑term‑care rider effective Oct. 1, 2026. The policy includes a guaranteed‑issue amount, a rider that pays 6% of face value monthly for up to 36 months if two ADLs are lost, portability and a restoration benefit; premiums are paid by employees.

Legislature updates licensing requirements and insurance protections for family child care services.

Legislature prohibits insurance cancellation based on family child care services at residences.

Substitute House Bill 2428 would require insurers issuing individual life policies to send written notice at least 30 days before a lapse to the policyholder and any designated third party, obtain proof of delivery, and include a right to designate a trusted third party; supporters include the Office of Insurance Commissioner, AARP, and caregiving advocates; staff estimates $54,000 in implementation costs and an effective date of Jan. 1, 2027.

LB1138 would create a 'trusted contact'/third‑party framework allowing insurers to delay disbursements or transactions when they suspect financial exploitation of seniors or vulnerable adults, notify permissible third parties and the Department of Insurance, and receive civil and administrative immunities for good‑faith actions.

LB 422 aims to provide insurance coverage for property post-transfer on death for 60 days.

Senator Perez and others advocate for bills addressing wildfire prevention and insurance policies.

Insurance Protection Product Market is predicted to grow at 7.98% CAGR from 2025 to 2035, Insurance Protection Product Industry Analysis by Type, Distribution Channel and Region

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HB 381's second substitute clarifies device definitions, removes tampering language, addresses labeling and insurance concerns, and adds safety provisions for higher-powered devices; the committee adopted the substitute and recommended the bill favorably unanimously after stakeholder engagement.