Gov. Pete Ricketts, second from right, and members of a trade mission from Nebraska, meet with British banking officials on Monday. (Courtesy of the governor’s office)
LINCOLN — Gov. Pete Ricketts and representatives of Nebraska’s insurance industry met Monday with their insurance counterparts in the United Kingdom.
The meeting with the Association of British Insurers in London is part of a trade mission led by the governor that will culminate with attending Saturday’s Nebraska Cornhusker football game in Dublin.
The insurance meeting was designed to strengthen ties between Nebraska’s insurance industry and insurance companies in the United Kingdom, according to a press release from the governor’s office. The UK is rebuilding its trade relationships after exiting the European Union in 2020.
Ricketts has said that the trade mission will also focus on increasing opportunities for Nebraska agriculture, especially for beef, ethanol and distillers grains.
This year, the governor signed Legislative Bill 863 into law, which was designed to clarify accounting rules for international companies doing business in the U.S. It should make it more attractive for insurance companies to do business in Nebraska, Ricketts said.
Nebraska has more than 120 domestic insurers and ranks first nationally in total capital, according to the governor’s office. Domestic insurers in the Cornhusker State employ 16,000 Nebraskans.
by Paul Hammel, Nebraska Examiner
August 22, 2022
by Paul Hammel, Nebraska Examiner
August 22, 2022
LINCOLN — Gov. Pete Ricketts and representatives of Nebraska’s insurance industry met Monday with their insurance counterparts in the United Kingdom.
The meeting with the Association of British Insurers in London is part of a trade mission led by the governor that will culminate with attending Saturday’s Nebraska Cornhusker football game in Dublin.
The insurance meeting was designed to strengthen ties between Nebraska’s insurance industry and insurance companies in the United Kingdom, according to a press release from the governor’s office. The UK is rebuilding its trade relationships after exiting the European Union in 2020.
Ricketts has said that the trade mission will also focus on increasing opportunities for Nebraska agriculture, especially for beef, ethanol and distillers grains.
This year, the governor signed Legislative Bill 863 into law, which was designed to clarify accounting rules for international companies doing business in the U.S. It should make it more attractive for insurance companies to do business in Nebraska, Ricketts said.
Nebraska has more than 120 domestic insurers and ranks first nationally in total capital, according to the governor’s office. Domestic insurers in the Cornhusker State employ 16,000 Nebraskans.
Nebraska Examiner is part of States Newsroom, a network of news bureaus supported by grants and a coalition of donors as a 501c(3) public charity. Nebraska Examiner maintains editorial independence. Contact Editor Cate Folsom for questions: info@nebraskaexaminer.com. Follow Nebraska Examiner on Facebook and Twitter.
Our stories may be republished online or in print under Creative Commons license CC BY-NC-ND 4.0. We ask that you edit only for style or to shorten, provide proper attribution and link to our web site.
Senior Reporter Paul Hammel has covered the Nebraska Legislature and Nebraska state government for decades. A native of Ralston, Nebraska, he is vice president of the John G. Neihardt Foundation, a member of the Nebraska Hop Growers and a volunteer caretaker of Irvingdale Park in Lincoln.
DEMOCRACY TOOLKIT
© Nebraska Examiner, 2023
Nebraskans want accountability from their elected officials and government. They want to know whether their tax dollars are being well-spent, whether state agencies and local governments are responsive to the people and whether officials, programs and policies are working for the common good. The Nebraska Examiner is a nonprofit, independent news source committed to providing news, scoops and reports important to our state.
Our stories may be republished online or in print under Creative Commons license CC BY-NC-ND 4.0. We ask that you edit only for style or to shorten, provide proper attribution and link to our web site.