NE LB1137

Extends the homeowner contract cancellation period from 3 to 5 business days after signing a contract with a residential contractor for insurance-paid repairs, and requires contractors to provide specific cancellation notice forms

Prohibits residential contractors and public adjusters from soliciting or accepting post-loss assignments of insurance claim rights, declaring such assignments void and unenforceable as against public policy (with limited exception for public adjuster fees)

Adds new fraudulent insurance act violations: representing oneself as a public adjuster without proper licensure, conducting unlicensed public adjuster business, providing deductible rebates, and submitting misrepresented damage estimates or repair costs

Prohibits public adjusters and residential contractors from soliciting insureds during active loss events or while fire department personnel are on-site at damaged premises

Requires insurers to verify public adjuster licenses upon receiving notification letters, and prohibits public adjusters from offering to pay or waive deductibles as inducements for their services