LINCOLN, Neb. (AP) - Nebraska State Treasurer Don Stenberg says more than $16.3 million was returned to owners of unclaimed property in 2016 - a record.
Stenberg says the amount returned last year exceeded the previous record of $14 million set in 2008. The state’s unclaimed property program began in 1969.
A total of 16,984 claims were paid in 2016. The largest claim paid was for two trusts valued at a total of $1.2 million for an Omaha couple. The average claim in 2016 was $962.
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Examples of unclaimed property include health claim payments, dividends, life insurance proceeds, stocks, safety deposit boxes and unused gift certificates.
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