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Nevada Revised Statutes - Insurance

Nevada Revised Statutes Section 679A.010

Short title. This title shall be known and may be cited as the Nevada Insurance Code. ...

Nevada Revised Statutes Section 679A.020

Definitions. As used in this Code, unless the context otherwise requires, the words and terms defined in NRS 679A.030 to 679A.130, inclusive, have the meanings ascribed to them in those ...

Nevada Revised Statutes Section 679A.030

“Authorized” and “unauthorized” insurer defined.

1. An “authorized” insurer is one authorized to transact insurance or reinsurance in this state under a subsisting certificate of authority issued by the ...

Nevada Revised Statutes Section 679A.040

“Bona fide resident” defined. “Bona fide resident” means a person who actually resides in this state with domiciliary intent. ...

Nevada Revised Statutes Section 679A.050

“Code” defined. “Code” means the Nevada Insurance Code. ...

Nevada Revised Statutes Section 679A.060

“Commissioner” defined. “Commissioner” means the Commissioner of Insurance. ...

Nevada Revised Statutes Section 679A.085

“Division” defined. “Division” means the Division of Insurance of the Department of Business and Industry. ...

Nevada Revised Statutes Section 679A.090

“Domestic,” “foreign” and “alien” insurer defined.

1. A “domestic” insurer is one:

(a) Formed under the laws of Nevada, unless it has converted into a foreign insurer; or

Nevada Revised Statutes Section 679A.095

“Hospice care” defined. “Hospice care” has the meaning ascribed to it in NRS 449.0115. ...

Nevada Revised Statutes Section 679A.100

“Insurer” defined. “Insurer” includes every person engaged as principal and as indemnitor, surety or contractor in the business of entering into contracts of insurance. ...

Nevada Revised Statutes Section 679A.110

“Individual” defined. An “individual” is a natural person. ...

Nevada Revised Statutes Section 679A.112

“Policy” defined. “Policy” means the written contract of or written agreement for or effecting insurance, by whatever name called, and includes all clauses, riders, endorsements and papers which are a ...

Nevada Revised Statutes Section 679A.115

“Premium” defined. “Premium” means the consideration for insurance, by whatever name called. The term includes any “assessment,” or any “membership,” “policy,” “survey,” “inspection,” “service” or similar fee or other charge ...

Nevada Revised Statutes Section 679A.117

“Producer of insurance” defined. “Producer of insurance” means a person required to be licensed under the laws of this state to sell, solicit or negotiate insurance. ...

Nevada Revised Statutes Section 679A.118

“Provider of insurance” defined. “Provider of insurance” includes an insurer, producer of insurance, managing general agent, third-party administrator, organization composed of or using preferred providers of health care, health maintenance ...

Nevada Revised Statutes Section 679A.120

“State” defined. When used in context signifying a jurisdiction other than the State of Nevada, “state” means any state, district, commonwealth, territory or possession of the United States of America. ...

Nevada Revised Statutes Section 679A.130

“Transacting insurance” defined. In addition to other aspects of insurance operations to which provisions of this Code by their terms apply, “transact” with respect to a business of insurance includes ...

Nevada Revised Statutes Section 679A.140

Purposes; construction.

1. The purposes of this Code are to:

(a) Protect policyholders and all having an interest under insurance policies;

(b) Implement the public interest in ...

Nevada Revised Statutes Section 679A.150

Compliance required. No person shall transact a business of insurance in Nevada, or relative to a subject of insurance resident, located or to be performed in Nevada or elsewhere, without ...

Nevada Revised Statutes Section 679A.160

Application of Code to particular types of insurers. Except as otherwise provided by specific statute, no provision of this Code applies to:

1. Fraternal benefit societies, as identified in ...

Nevada Revised Statutes Section 679A.165

Required manner of obtaining insurance. A person who is required by statute to obtain insurance or any other type of security as a condition of licensure or conducting business must ...

Nevada Revised Statutes Section 679A.170

Particular provisions prevail. Provisions of this Code relative to a particular kind of insurance or type of insurer or particular matter shall prevail over provisions relating to insurance in general ...

Nevada Revised Statutes Section 679A.180

General penalty; penalty in addition to administrative discipline.

1. Unless the same is defined as a felony under any other law of this state, or punishment provided therefor classifies ...

Nevada Revised Statutes Section 679A.190

Disciplinary proceeding, fine and penalty authorized after expiration or voluntary surrender of license or certificate issued pursuant to Code. The expiration or voluntary surrender of a license or certificate issued ...

Nevada Revised Statutes Section 679A.200

Prohibiting fee to include provider of health care on panel of providers; penalty; award of costs and attorney’s fees.

1. If an organization establishes a panel of providers of ...

Nevada Revised Statutes Section 679B.020

Appointment; restrictions on other employment and certain political activities.

1. The chief officer of the Division is the Commissioner appointed as provided in NRS 232.820.

2. The Commissioner ...

Nevada Revised Statutes Section 679B.030

Qualifications.

1. The Commissioner shall have had at least 2 years’ responsible experience in the field of insurance, including, but not limited to, one or more of the following ...

Nevada Revised Statutes Section 679B.050

Official seal. The Division shall have an official seal, in form and design as designated by the Commissioner and on file in the Office of the Secretary of State. ...

Nevada Revised Statutes Section 679B.060

Office space. The Buildings and Grounds Division of the Department of Administration shall furnish the Division with suitable office space for the performance of its duties. ...

Nevada Revised Statutes Section 679B.080

Designation of acting Commissioner; powers and duties of deputies; restrictions on other employment of deputies.

1. The Director of the Department of Business and Industry shall designate an acting ...

Nevada Revised Statutes Section 679B.090

Employment of assistants and examiners; contracts for certain assistance.

1. The Commissioner may employ such other technical, actuarial, rating, clerical and other assistants and examiners as he may reasonably ...

Nevada Revised Statutes Section 679B.100

Prohibited interests of Commissioner, deputy or employee; penalty.

1. The Commissioner, his deputy or any examiner, assistant or employee of the Division shall not be connected with the management ...

Nevada Revised Statutes Section 679B.110

Delegation of powers.

1. The Commissioner may delegate to his deputy, examiner or an employee of the Division the exercise or discharge in the Commissioner’s name of any power, ...

Nevada Revised Statutes Section 679B.115

Limitation on civil liability.

1. The Commissioner and the employees of the Division, in the absence of fraud or bad faith, are not subject to civil liability for publishing ...

Nevada Revised Statutes Section 679B.120

Authority of Commissioner: General powers and duties. The Commissioner shall:

1. Organize and manage the Division, and direct and supervise all its activities;

2. Execute the duties imposed ...

Nevada Revised Statutes Section 679B.122

Authority of Commissioner: Cooperative or coordination agreements; confidential documents.

1. In addition to the authority conferred upon him pursuant to NRS 679B.120, the Commissioner may:

(a) Enter into ...

Nevada Revised Statutes Section 679B.125

Observation of conduct of persons in insurance business; regulations. The Commissioner may observe the conduct of each authorized insurer and other persons who have a direct material involvement with the ...

Nevada Revised Statutes Section 679B.127

Counseling elderly persons concerning health insurance; regulations.

1. The Commissioner may participate in a program which provides counseling to elderly persons concerning health insurance, including a program established pursuant ...

Nevada Revised Statutes Section 679B.130

Regulations: Adoption; penalties for violation.

1. The Commissioner may adopt reasonable regulations:

(a) For the administration of any provision of this Code, NRS 287.04335 or chapters 616A to ...

Nevada Revised Statutes Section 679B.133

Regulations: Requirements regarding use of identification cards and devices to process claims for prescription drugs and devices.

1. If a health care plan that provides coverage for prescription drugs ...

Nevada Revised Statutes Section 679B.135

Regulations: Protections to purchasers, prospective purchasers, holders and former holders of policies. The Commissioner may adopt regulations which provide in substance the same protections to purchasers, prospective purchasers, holders and ...

Nevada Revised Statutes Section 679B.136

Regulations: Use of electronic signatures and records; electronic filing of forms and payment of fees.

1. The Commissioner shall adopt regulations governing:

(a) The use of electronic signatures, ...

Nevada Revised Statutes Section 679B.137

Regulations: Method for maintaining records. The Commissioner may adopt regulations which prescribe the method for maintaining the records of insurers and the period for which the records must be maintained. ...

Nevada Revised Statutes Section 679B.138

Regulations: Use of uniform claim forms and billing codes; transfer of electronic data.

1. The Commissioner shall adopt regulations which require the use of uniform claim forms and billing ...

Nevada Revised Statutes Section 679B.139

Regulations: Plans for providing welfare benefits to employees of more than one employer.

1. The Commissioner may adopt regulations governing plans for providing welfare benefits to employees of more ...

Nevada Revised Statutes Section 679B.140

Orders and notices.

1. Orders and notices of the Commissioner are effective only when in writing signed by him or by his authority.

2. Except as otherwise expressly ...

Nevada Revised Statutes Section 679B.142

Orders prohibiting insurer from transacting insurance; Commissioner to deliver to Secretary of State; duty of Secretary of State upon receipt.

1. The Commissioner shall deliver to the Secretary of ...

Nevada Revised Statutes Section 679B.144

Commissioner required to collect information regarding closed claims for medical malpractice; submission to Legislature; regulations.

1. The Commissioner shall collect and maintain the information provided by insurers pursuant to ...

Nevada Revised Statutes Section 679B.145

Publication, maintenance and distribution of guide to rates for policies of insurance for motor vehicles. The Commissioner shall:

1. Publish a guide to rates for policies of insurance for ...

Nevada Revised Statutes Section 679B.150

Measures to enhance public understanding of coverages and to encourage competition; standards for policies; criteria to determine suitability of contracts and sales practices.

1. The Commissioner may:

(a) ...

Nevada Revised Statutes Section 679B.152

Review of fees for medical or dental care determined to be usual and customary; plans limiting selection of dentist.

1. Every insurer or organization for dental care which pays ...

Nevada Revised Statutes Section 679B.159

Report of violation to Commissioner; confidentiality of report.

1. Every insurer, agent, solicitor, broker, administrator or other person who has knowledge of a violation of any provision of this ...

Nevada Revised Statutes Section 679B.160

Advisory councils.

1. The Commissioner may create advisory councils and committees to assist him in dealing with regulatory problems. He may appoint members and may provide by rule for ...

Nevada Revised Statutes Section 679B.170

Private ombudsmen. The Commissioner may by rule or regulation require any or all insurers to designate a special complaint representative, who may be an officer, employee or agent, to investigate ...

Nevada Revised Statutes Section 679B.180

Enforcement.

1. The Commissioner may invoke the aid of the courts through injunction or other proper process, mandatory or otherwise, to enjoin any existing or threatened violation of any ...

Nevada Revised Statutes Section 679B.185

Administrative fine for willfully engaging in unauthorized transaction of insurance: Limitation; enforcement.

1. If any person willfully engages in the unauthorized transaction of insurance, the Commissioner may impose an ...

Nevada Revised Statutes Section 679B.187

Person who invests or handles money or assets of insurer designated fiduciary; penalty for engaging in prohibited conduct.

1. An officer, director, employee or agent of a domestic or ...

Nevada Revised Statutes Section 679B.190

Maintenance, inspection and destruction of records; confidentiality and use of documents and other information.

1. The Commissioner shall carefully preserve in the Division and in permanent form all ...

Nevada Revised Statutes Section 679B.200

Evidentiary effect of Commissioner’s certificates and certified copies of documents.

1. All certificates issued by the Commissioner in accordance with the provisions of this Code and all copies of ...

Nevada Revised Statutes Section 679B.220

Interstate and international cooperation.

1. The Commissioner shall communicate on request of the regulatory officer for insurance in any state, province or country any information which it is his ...

Nevada Revised Statutes Section 679B.225

Inspection of insurance policies. The Commissioner, at any time, may inspect any insurance policy covering any risk in this state. Every policyholder, upon request, shall produce any insurance policy in ...

Nevada Revised Statutes Section 679B.227

Statute of limitations for commencing proceedings to collect premium tax. The Commissioner has 7 years in which to begin proceedings to collect the premium tax and associated penalties and fines ...

Nevada Revised Statutes Section 679B.228

Charge for check returned to Division. The Division shall charge a person a fee in the amount established by the State Controller pursuant to NRS 353C.115 for each check returned ...

Nevada Revised Statutes Section 679B.230

Examination of insurers.

1. For the purpose of determining its financial condition, fulfillment of its contractual obligations and compliance with law, the Commissioner shall, as often as he deems ...

Nevada Revised Statutes Section 679B.240

Examination of holding companies, subsidiaries, agents, promoters, external review organizations and others. To ascertain compliance with law, or relationships and transactions between any person and any insurer or proposed insurer, ...

Nevada Revised Statutes Section 679B.250

Conduct of examination; access to records; corrections; penalty.

1. When the Commissioner determines to examine the affairs of any person, he shall designate one or more examiners and instruct ...

Nevada Revised Statutes Section 679B.260

Appraisal of asset.

1. If the Commissioner deems it necessary to value any asset involved in such an examination, he may make written request of the person being examined ...

Nevada Revised Statutes Section 679B.270

Report of examination: Contents; evidentiary effect in certain proceedings.

1. No later than 60 days after the completion of an examination, the examiner designated by the Commissioner shall make ...

Nevada Revised Statutes Section 679B.280

Report of examination: Right of examinee to review and respond to report; Commissioner to issue order regarding action to be taken on report.

1. Upon receipt of the verified ...

Nevada Revised Statutes Section 679B.282

Report of examination: Hearing; filing; distribution.

1. If requested by the person examined, within the period allowed under subsection 1 of NRS 679B.280, or if ordered pursuant to subsection ...

Nevada Revised Statutes Section 679B.285

Report of examination: Confidentiality.

1. The Commissioner may disclose the content of a report, preliminary report, or the results of an examination, or any matter relating thereto, to the ...

Nevada Revised Statutes Section 679B.287

Limitations on actions and liability for communicating or delivering information or data pursuant to examination; Commissioner and his representatives and examiners entitled to attorney’s fees and costs in certain tort ...

Nevada Revised Statutes Section 679B.290

Expense of examination; billing for examination; regulations.

1. Except as otherwise provided in subsection 2:

(a) The expense of examination of an insurer, or of any person referred ...

Nevada Revised Statutes Section 679B.300

Insurance Examination Fund.

1. The Insurance Examination Fund is hereby created as a special revenue fund. All money received by the Commissioner pursuant to NRS 679B.290 must be deposited ...

Nevada Revised Statutes Section 679B.305

Creation; deposits; use; regulations; limit of liability.

1. There is hereby created the Insurance Recovery Account in the State General Fund. The Commissioner shall promptly deposit with the State ...

Nevada Revised Statutes Section 679B.310

Administrative procedures; hearings in general.

1. The Commissioner may hold a hearing, without request by others, to determine whether an insurer or an employee of an insurer has engaged ...

Nevada Revised Statutes Section 679B.320

Notice of hearing.

1. Except where a different period is expressly provided, the Commissioner shall give written notice of the hearing not less than 20 days in advance. The ...

Nevada Revised Statutes Section 679B.330

Location; presiding officer; evidence; parties; record of proceedings and evidence.

1. The Commissioner may hold a hearing in Carson City, Nevada, or any other place of convenience to parties ...

Nevada Revised Statutes Section 679B.340

Witnesses and evidence; penalties.

1. The Commissioner or any individual conducting a hearing, examination or investigation by his authority shall have power to subpoena witnesses, compel their attendance, administer ...

Nevada Revised Statutes Section 679B.350

Testimony compelled; immunity from prosecution.

1. If any individual asks to be excused from attending or testifying or from producing any books, papers, records, contracts, correspondence or other documents ...

Nevada Revised Statutes Section 679B.360

Order on hearing.

1. In the conduct of hearings under this Code and making his order thereon, the Commissioner shall act in a quasi-judicial capacity.

2. Except as ...

Nevada Revised Statutes Section 679B.370

Appeal from Commissioner.

1. Except as to matters arising under chapter 686B of NRS other than those grievances of employers that must be appealed to the appeals panel for ...

Nevada Revised Statutes Section 679B.380

Financing of administration.

1. Except as otherwise expressly provided in this Code, funds with which to carry out the administration and enforcement by the Commissioner of this Code shall ...

Nevada Revised Statutes Section 679B.400

Legislative findings and declarations; purposes.

1. The Legislature finds and declares that:

(a) Stabilizing the cost of insurance is of vital concern to the residents of this state; ...

Nevada Revised Statutes Section 679B.410

Duties of Commissioner. The Commissioner shall:

1. Determine the relationship of premiums and related income of insurers to costs and expenses of insurers, provide this information to the Legislature ...

Nevada Revised Statutes Section 679B.420

Employment of technical and professional consultants. The Commissioner may employ and fix the compensation of, and enter into agreements with, such technical and professional consultants as he deems necessary to ...

Nevada Revised Statutes Section 679B.430

Commissioner may issue orders for compliance with provisions; regulation of recording and reporting of information by insurers; insurer to report information and pay fee.

1. The Commissioner may issue ...

Nevada Revised Statutes Section 679B.440

Contents of reports.

1. The Commissioner may require that reports submitted pursuant to NRS 679B.430 include, without limitation, information regarding:

(a) Liability insurance provided to:

(1) Governmental ...

Nevada Revised Statutes Section 679B.450

Fee for administration and enforcement; cost of report; schedule of fees.

1. Insurers required to file reports pursuant to NRS 679B.430 shall pay to the Division a reasonable fee ...

Nevada Revised Statutes Section 679B.460

Penalties for violation of or noncompliance with provisions or regulations.

1. An insurer who willfully or repeatedly violates or fails to comply with a provision of NRS 679B.400 to ...

Nevada Revised Statutes Section 679B.510

Definitions. As used in NRS 679B.510 to 679B.560, inclusive, unless the context otherwise requires, the words and terms defined in NRS 679B.520, 679B.530 and 679B.540 have the meanings ascribed to ...

Nevada Revised Statutes Section 679B.520

“Health care plan” defined. “Health care plan” means a policy, contract, certificate or agreement offered or issued by an insurer to provide, deliver, arrange for, pay for or reimburse any ...

Nevada Revised Statutes Section 679B.530

“Insured” defined. “Insured” means a person covered by a policy of health insurance issued in this state by an insurer. ...

Nevada Revised Statutes Section 679B.540

“Insurer” defined. “Insurer” means any insurer or organization authorized pursuant to this title to conduct business in this state that provides or arranges for the provision of health care services, ...

Nevada Revised Statutes Section 679B.550

Duties of Division. The Division shall:

1. Establish a toll-free telephone service for receiving inquiries and complaints from consumers of health care in this state concerning health care plans;

Nevada Revised Statutes Section 679B.555

Regulations for enforcement of federal law concerning bill of rights for patients. Expired by limitation. (See chapter 446, Statutes of Nevada 2001, at page 2256.) ...

Nevada Revised Statutes Section 679B.560

Insurer required to provide information to insured. Each insurer shall provide to each insured in a written format that clearly stands out from any surrounding text:

1. The telephone ...

Nevada Revised Statutes Section 679B.600

Definitions. As used in NRS 679B.600 to 679B.700, inclusive, unless the context otherwise requires, the words and terms defined in NRS 679B.610 and 679B.620 have the meanings ascribed to them ...

Nevada Revised Statutes Section 679B.610

“Fraud Control Unit” defined. “Fraud Control Unit” means the Fraud Control Unit for Insurance established by the Attorney General pursuant to NRS 228.412. ...

Nevada Revised Statutes Section 679B.620

“Insurance fraud” defined. “Insurance fraud” has the meaning ascribed to it in NRS 686A.2815. ...

Nevada Revised Statutes Section 679B.630

Program to investigate acts or practices of fraud. The Commissioner shall establish a program within the Division to investigate any act or practice which:

1. Violates the provisions of ...

Nevada Revised Statutes Section 679B.640

Commissioner required to investigate fraudulent claims for benefits. The Commissioner, through his investigators, shall investigate fraudulent claims for benefits under an insurance policy. ...

Nevada Revised Statutes Section 679B.650

Investigative authority of Commissioner. To investigate violations of the provisions of this title, or to assist the Attorney General or other local, state or federal investigative and law enforcement agencies ...

Nevada Revised Statutes Section 679B.660

Cooperation between Commissioner, Attorney General and investigative and law enforcement agencies.

1. Every person in charge of an investigative or law enforcement agency within this state shall:

(a) ...

Nevada Revised Statutes Section 679B.670

Liability for disclosure of information on fraudulent claim or suspicious fire. Any person, governmental entity, insurer, employee or representative of an insurer, official of an investigative or law enforcement agency, ...

Nevada Revised Statutes Section 679B.680

Effect of certain powers and duties of Attorney General and Fraud Control Unit on jurisdiction of Commissioner. Nothing in NRS 228.412 limits or diminishes the exclusive jurisdiction of the Commissioner ...

Nevada Revised Statutes Section 679B.690

Confidentiality of records and other information related to investigation by Attorney General and Fraud Control Unit.

1. All records and other information related to an investigation conducted by the ...

Nevada Revised Statutes Section 679B.700

Special Investigative Account.

1. The Special Investigative Account is hereby established in the State General Fund for use by the Commissioner. The Commissioner shall deposit all money received pursuant ...

Nevada Revised Statutes Section 680A.010

Definitions. As used in this Code, unless the context otherwise requires, the words and terms defined in NRS 680A.020 to 680A.050, inclusive, shall have the meanings ascribed to them in ...

Nevada Revised Statutes Section 680A.020

“Charter” defined. “Charter” means certificate of incorporation, articles of incorporation, articles of agreement, articles of association, charter granted by legislative act, or other basic constituent document of a corporation, or ...

Nevada Revised Statutes Section 680A.030

“Mutual” insurer defined. A “mutual” insurer is an incorporated insurer without capital stock and the governing body of which is elected by its policyholders. This definition shall not be deemed ...

Nevada Revised Statutes Section 680A.040

“Reciprocal” insurer defined. A “reciprocal” insurer is an unincorporated aggregation of subscribers operating individually and collectively through an attorney-in-fact common to all such persons to provide reciprocal insurance among themselves. ...

Nevada Revised Statutes Section 680A.050

“Stock” insurer defined. A “stock” insurer is an incorporated insurer with its capital divided into shares and owned by its stockholders. ...

Nevada Revised Statutes Section 680A.060

Certificate of authority required; penalty.

1. A person shall not act as an insurer and an insurer shall not transact insurance in this state by mail or otherwise, except ...

Nevada Revised Statutes Section 680A.070

Exceptions to requirement of certificate of authority. A certificate of authority is not required of an insurer with respect to any of the following:

1. Investigation, settlement or litigation ...

Nevada Revised Statutes Section 680A.080

Eligibility for certificate of authority: General requirements. To qualify for and hold authority to transact insurance in this State, an insurer must be otherwise in compliance with this Code and ...

Nevada Revised Statutes Section 680A.090

Eligibility for certificate of authority: Ownership; management.

1. No foreign insurer which is directly or indirectly owned or controlled in whole or substantial part by any government or governmental ...

Nevada Revised Statutes Section 680A.095

Certificate of authority required to transact reinsurance; eligibility for certificate; exceptions.

1. Except as otherwise provided in subsection 3, an insurer which is not authorized to transact insurance in ...

Nevada Revised Statutes Section 680A.100

Name of insurer.

1. No insurer shall be formed or authorized to transact insurance in this state which has or uses a name which is the same as or ...

Nevada Revised Statutes Section 680A.110

Combinations of insuring powers. An insurer which otherwise qualifies therefor may be authorized to transact any one kind or any combination of kinds of insurance as defined in NRS 681A.010 ...

Nevada Revised Statutes Section 680A.120

Required capital.

1. Except as provided in subsections 2 and 5, to qualify for authority to transact any one kind of insurance as defined in NRS 681A.010 to 681A.080, ...

Nevada Revised Statutes Section 680A.130

Combinations of insurance for which additional capital not required. Without additional capital or additional surplus, an authorized insurer is also authorized:

1. If a life insurer, to grant annuities.

Nevada Revised Statutes Section 680A.140

Required deposit; deposit in other state.

1. The Commissioner shall not authorize an insurer to transact insurance in this state, other than an alien insurer or a title insurer, ...

Nevada Revised Statutes Section 680A.150

Application for certificate of authority. To apply for an original certificate of authority an insurer shall file with the Commissioner its written application therefor on forms as prescribed and furnished ...

Nevada Revised Statutes Section 680A.155

Payment of taxes and penalties by certain applicants. An insurer which has transacted insurance in this state without a certificate of authority must not be granted a certificate of authority ...

Nevada Revised Statutes Section 680A.160

Issuance or refusal of certificate; contents and ownership of certificate.

1. If upon completion of its application the Commissioner finds that the insurer has met the requirements therefor under ...

Nevada Revised Statutes Section 680A.170

Amended certificate of authority. Upon written application therefor by the insurer and due cause shown, the Commissioner may amend the certificate of authority of an insurer as required by change ...

Nevada Revised Statutes Section 680A.173

Transfer of insurer’s domicile: Foreign insurer may become domestic insurer. A foreign insurer with a certificate of authority to transact insurance in this state may become a domestic insurer by ...

Nevada Revised Statutes Section 680A.175

Transfer of insurer’s domicile: Termination of status as domestic insurer; qualification as foreign insurer.

1. If a domestic insurer transfers its domicile to another state, it ceases to be ...

Nevada Revised Statutes Section 680A.177

Transfer of insurer’s domicile: Duties of insurer; effect on policies.

1. The Commissioner may require a domestic insurer which converts to a foreign insurer or a foreign insurer which ...

Nevada Revised Statutes Section 680A.180

Continuance, expiration and reinstatement of certificate of authority.

1. A certificate of authority continues in force as long as the insurer is entitled thereto under this Code, and until ...

Nevada Revised Statutes Section 680A.190

Suspension or revocation of certificate of authority: Mandatory grounds.

1. The Commissioner shall refuse to continue or shall suspend or revoke an insurer’s certificate of authority:

(a) If ...

Nevada Revised Statutes Section 680A.200

Suspension, limitation or revocation of certificate of authority: Grounds; notice.

1. Except as otherwise provided in NRS 616B.472, the Commissioner may refuse to continue or may suspend, limit or ...

Nevada Revised Statutes Section 680A.205

Determination of hazardous financial condition of insurer: Regulations; hearing; disciplinary actions; review of order.

1. The Commissioner may adopt regulations to define when an insurer is considered to be ...

Nevada Revised Statutes Section 680A.210

Order and notice of suspension, limitation or revocation of certificate; effect on agents’ authority.

1. All suspensions, limitations or revocations of, or refusals to continue, an insurer’s certificate of ...

Nevada Revised Statutes Section 680A.220

Duration of suspension; insurer’s obligations during suspension period; reinstatement.

1. Suspension of an insurer’s certificate of authority must be for such period as the Commissioner specifies in the order ...

Nevada Revised Statutes Section 680A.230

Applicability of general corporation laws to foreign insurers. The general corporation laws of this state do not apply to foreign insurers holding certificates of authority to transact insurance in this ...

Nevada Revised Statutes Section 680A.240

Additional titles.

1. A property insurer or multiple line insurer authorized to transact insurance in Nevada shall have the right to issue property insurance policies under its own name ...

Nevada Revised Statutes Section 680A.250

Commissioner agent for service of process for certain insurers.

1. Before the Commissioner may authorize it to transact insurance in this state, each insurer must appoint the Commissioner, and ...

Nevada Revised Statutes Section 680A.260

Method of serving process; extension of time to appear; record.

1. Service of process against an insurer for whom the Commissioner is attorney must be made by delivering to ...

Nevada Revised Statutes Section 680A.265

Filing of annual financial statement; reporting of violation of law found during audit; penalty for failure to file statement; consolidation of statements prohibited; regulations.

1. Except as otherwise ...

Nevada Revised Statutes Section 680A.270

Filing of annual statement by authorized insurers; fee; regulations; confidentiality of certain information.

1. Each authorized insurer shall annually on or before March 1, or within any reasonable extension ...

Nevada Revised Statutes Section 680A.280

Penalties for late or false annual statements.

1. Any insurer failing, without just cause beyond the reasonable control of the insurer, to file its annual statement as required in ...

Nevada Revised Statutes Section 680A.290

Loss prevention reports and programs.

1. Every insurer except life insurers shall, if requested by the Commissioner, submit an annual report to the Commissioner on September 15, concerning its ...

Nevada Revised Statutes Section 680A.300

Resident agent; countersignature.

1. Except as provided in NRS 680A.310, no authorized insurer may make, write, place, renew or cause to be made, placed or renewed, any policy or ...

Nevada Revised Statutes Section 680A.310

Exceptions to requirements for countersignature by resident agent. NRS 680A.300 does not apply to any of the following:

1. Life insurance and annuities.

2. Health insurance.

3. ...

Nevada Revised Statutes Section 680A.320

Transaction with parent corporation, financial holding company, depository institution, subsidiary or affiliated person.

1. For the purposes of this section:

(a) An “affiliated person” is a person controlled ...

Nevada Revised Statutes Section 680A.330

Retaliatory provision.

1. When, by or pursuant to the laws of any other state or foreign country or province, any taxes, licenses and other fees in the aggregate, and ...

Nevada Revised Statutes Section 680B.010

Fees. The Commissioner shall collect in advance and receipt for, and persons so served must pay to the Commissioner, fees and miscellaneous charges as follows:

1. Insurer’s certificate ...

Nevada Revised Statutes Section 680B.020

State license exclusive; exception.

1. Notwithstanding the provisions of any general or special law, the possession of a license or certificate of authority issued under this Code shall be ...

Nevada Revised Statutes Section 680B.025

General tax on premiums: Definitions. For the purposes of NRS 680B.025 to 680B.039, inclusive:

1. “Total income derived from direct premiums written”:

(a) Does not include premiums written ...

Nevada Revised Statutes Section 680B.027

General tax on premiums: Rate; time for payment; prepayment; supplemental statements.

1. Except as otherwise provided in NRS 680B.033, 680B.050 and 690C.110, for the privilege of transacting business ...

Nevada Revised Statutes Section 680B.030

General tax on premiums: Annual report by insurer.

1. Each insurer and each formerly authorized insurer with respect to insurance transacted while an authorized insurer and property bondsman shall, ...

Nevada Revised Statutes Section 680B.032

General tax on premiums: Certain insurers to file quarterly report and make quarterly payment; overpayment of tax.

1. Each insurer which, pursuant to NRS 680B.027, paid or is required ...

Nevada Revised Statutes Section 680B.033

General tax on premiums: Computation of tax for factory mutuals. Factory mutuals shall pay the tax imposed by NRS 680B.027 on all gross premiums upon policies on risks located in ...

Nevada Revised Statutes Section 680B.035

General tax on premiums: Payments by domestic insurers. A domestic insurer doing business in a state in which it is not licensed and to which it does not pay a ...

Nevada Revised Statutes Section 680B.0355

Insurer to provide statement to insureds if portion of premium is attributable to general premium tax, fees or assessments under certain circumstances.

1. If an insurer includes any portion ...

Nevada Revised Statutes Section 680B.036

General tax on premiums: Credit for policies of industrial insurance. Each insurer providing industrial insurance in this state pursuant to chapters 616A to 617, inclusive, of NRS is entitled to ...

Nevada Revised Statutes Section 680B.037

General tax on premiums: Tax in lieu of other taxes. Payment by an insurer of the tax imposed by NRS 680B.027 is in lieu of all taxes imposed by the ...

Nevada Revised Statutes Section 680B.039

General tax on premiums: Penalty. Any insurer that fails to file the report or pay the tax as required by NRS 680B.025 to 680B.039, inclusive, within the time for filing ...

Nevada Revised Statutes Section 680B.0395

General tax on premiums: Exemption for authorized reinsurer. An insurer who holds a certificate of authority as a reinsurer is exempt from the requirements of NRS 680B.025 to 680B.039, inclusive. ...

Nevada Revised Statutes Section 680B.040

Independently procured coverages: Report; tax; penalty.

1. Every insured in this state who procures or causes to be procured or continues or renews insurance in an unauthorized alien or ...

Nevada Revised Statutes Section 680B.050

General tax on premiums: Credit if home office or regional home office in Nevada.

1. Except as otherwise provided in this section, a domestic or foreign insurer which owns ...

Nevada Revised Statutes Section 680B.055

General tax on premiums: Eligibility for credit where home office or regional home office owned by limited partnership; proportion of ad valorem tax qualified for credit.

1. For the ...

Nevada Revised Statutes Section 680B.060

General tax on premiums: Collection; credit; payment under protest; deposit of taxes collected which are attributable to industrial insurance.

1. The taxes imposed under NRS 680B.027 must be collected ...

Nevada Revised Statutes Section 680B.070

Assessment for National Association of Insurance Commissioners.

1. Each authorized insurer, fraternal benefit society, health maintenance organization, organization for dental care, prepaid limited health service organization and motor club ...

Nevada Revised Statutes Section 680B.120

Refund of overpayments.

1. Any person from whom fees, charges or taxes imposed by this Code have been erroneously collected may apply for refund at any time within 1 ...

Nevada Revised Statutes Section 681A.010

Definitions not mutually exclusive.

1. As used in this Code, unless the context otherwise requires, the words and terms defined in NRS 681A.020 to 681A.080, inclusive, shall have the ...

Nevada Revised Statutes Section 681A.020

“Casualty insurance” defined.

1. “Casualty insurance” includes:

(a) Vehicle insurance. Insurance against loss of or damage to any land vehicle or aircraft or any draft or riding animal ...

Nevada Revised Statutes Section 681A.030

“Health insurance” defined. “Health insurance” is insurance of human beings against bodily injury, disablement or death by accident or accidental means, or the expense thereof, or against disablement or expense ...

Nevada Revised Statutes Section 681A.040

“Life insurance” defined. “Life insurance” is insurance on human lives. The transaction of life insurance includes the granting of endowment benefits, additional incidental benefits in the event of death or ...

Nevada Revised Statutes Section 681A.050

“Marine and transportation” and “wet marine and transportation” insurance defined.

1. “Marine and transportation insurance” includes:

(a) Insurance against any kinds of loss or damage to:

(1) ...

Nevada Revised Statutes Section 681A.060

“Property insurance” defined.

1. “Property insurance” is insurance on real or personal property of every kind and of every interest therein against loss or damage from any and all ...

Nevada Revised Statutes Section 681A.070

“Surety insurance” defined. “Surety insurance” includes:

1. Fidelity insurance, which is insurance guaranteeing the fidelity of persons holding positions of public or private trust.

2. Insurance guaranteeing the ...

Nevada Revised Statutes Section 681A.080

“Title insurance” defined. “Title insurance” means insuring, guaranteeing or indemnifying owners of property or holders of liens, encumbrances or security interests on the property, and others interested therein, against loss ...

Nevada Revised Statutes Section 681A.090

Multiple line insurers. A multiple line insurer may transact:

1. Any two or more kinds of insurance, as defined in NRS 681A.020, 681A.030, 681A.050, 681A.060, 681A.070 and 681A.080 (casualty, ...

Nevada Revised Statutes Section 681A.095

Insurance against legal liability for exemplary or punitive damages. An insurer may insure against legal liability for exemplary or punitive damages that do not arise from a wrongful act of ...

Nevada Revised Statutes Section 681A.100

Amount of risk that insurer may retain; method for determining risk; applicability.

1. Except as otherwise provided for domestic mutual insurers in NRS 692B.200, an insurer shall not retain ...

Nevada Revised Statutes Section 681A.110

Reinsurance authorized for all or part of risk; requirements for reinsurance with unauthorized insurer. An insurer may reinsure all or any part of an individual risk or of a particular ...

Nevada Revised Statutes Section 681A.120

Cancellation or material changes in treaties or arrangements for reinsurance. An insurer shall promptly inform the Commissioner in writing of the cancellation or any other material change in any of ...

Nevada Revised Statutes Section 681A.130

Regulations. The Commissioner may adopt regulations to carry out the provisions of NRS 681A.110 to 681A.560, inclusive. ...

Nevada Revised Statutes Section 681A.140

“Qualified financial institution in the United States” defined. As used in NRS 681A.140 to 681A.240, inclusive, “qualified financial institution in the United States” means an institution that:

1. Is ...

Nevada Revised Statutes Section 681A.150

Requirements for taking credit. No credit may be taken as an asset or as a deduction from liability on account of reinsurance unless the reinsurer is authorized to transact insurance ...

Nevada Revised Statutes Section 681A.160

Reinsurance ceded to assuming accredited reinsurer in Nevada.

1. Except as otherwise provided in subsection 2, credit must be allowed if reinsurance is ceded to an assuming insurer which ...

Nevada Revised Statutes Section 681A.170

Reinsurance ceded to assuming alien insurer.

1. Except as otherwise provided in subsection 2, credit must be allowed if reinsurance is ceded to an assuming insurer which is domiciled ...

Nevada Revised Statutes Section 681A.180

Reinsurance ceded to assuming insurer which maintains trust fund for payment of valid claims; exceptions.

1. Except as otherwise provided in subsection 4, credit must be allowed if reinsurance ...

Nevada Revised Statutes Section 681A.190

Reinsurance ceded to group of incorporated insurers under common administration.

1. Credit must be allowed if reinsurance is ceded to a group of incorporated insurers under common administration which:

Nevada Revised Statutes Section 681A.200

Requirements for establishment or amendment of certain trusts.

1. A trust for the purposes of NRS 681A.180 or 681A.190, and any amendment to the trust, must be established or ...

Nevada Revised Statutes Section 681A.210

Requirements when assuming insurer is not licensed or accredited to transact insurance or reinsurance in this state.

1. Except as otherwise provided in subsection 2, if the assuming insurer ...

Nevada Revised Statutes Section 681A.220

Requirements when assuming insurer does not meet certain requirements. Credit must be allowed if reinsurance is ceded to an assuming insurer not meeting the requirements of NRS 681A.110 or 681A.150, ...

Nevada Revised Statutes Section 681A.230

Ceding insurer to be allowed credit if reinsurance lawfully ceded to qualified assuming insurer; domiciliary liquidator of insolvent ceding insurer to give notice to assuming insurer of any claim against ...

Nevada Revised Statutes Section 681A.240

Requirements for reduction from liability when assuming insurer does not meet certain requirements concerning risk-based capital. A reduction from liability for the reinsurance ceded by a domestic insurer to an ...

Nevada Revised Statutes Section 681A.250

Definitions. As used in NRS 681A.250 to 681A.580, inclusive, unless the context otherwise requires, the words and terms defined in NRS 681A.260 to 681A.410, inclusive, have the meanings ascribed to ...

Nevada Revised Statutes Section 681A.260

“Actuary” defined. “Actuary” means a person who is a member in good standing of the American Academy of Actuaries or its successor organization. ...

Nevada Revised Statutes Section 681A.270

“Automatic agreement” defined. “Automatic agreement” means an agreement between a reinsured and reinsurer whereby the ceding company is obligated to cede certain risks as provided in the agreement and the ...

Nevada Revised Statutes Section 681A.280

“Broker for reinsurance” defined. “Broker for reinsurance” means a person who negotiates a contract of reinsurance between a reinsured and reinsurer on behalf of the reinsured and who receives a ...

Nevada Revised Statutes Section 681A.290

“Cede” defined. “Cede” means to pass on to another insurer, who is designated the reinsurer, all or part of the insurance written by an insurer with the object of reducing ...

Nevada Revised Statutes Section 681A.300

“Cession” defined. “Cession” means the unit of insurance passed to a reinsurer by a primary company which issued a policy to the original insured. ...

Nevada Revised Statutes Section 681A.310

“Controlling person” defined. “Controlling person” means a person who directly or indirectly has the power to direct, or cause to be directed, the management, control or activities of an intermediary. ...

Nevada Revised Statutes Section 681A.320

“Facultative” defined. A submission is “facultative” if both the primary insurer and the reinsurer have the choice to accept or reject the submission. ...

Nevada Revised Statutes Section 681A.330

“Intermediary” defined. “Intermediary” includes a broker for reinsurance or a manager for reinsurance. ...

Nevada Revised Statutes Section 681A.340

“Licensed producer” defined. “Licensed producer” means an agent, broker or intermediary licensed pursuant to this title. ...

Nevada Revised Statutes Section 681A.350

“Manager for reinsurance” defined. “Manager for reinsurance” means a person who has authority to bind or manage all or part of the assumed reinsurance of a reinsurer and acts as ...

Nevada Revised Statutes Section 681A.360

“Reinsured” defined. “Reinsured” means an insurer that has placed risks with a reinsurer in the process of buying reinsurance. The term includes a ceding insurer. ...

Nevada Revised Statutes Section 681A.370

“Reinsurer” defined. “Reinsurer” means a person licensed in this state as an insurer with the authority to assume the liability of another by reinsurance. ...

Nevada Revised Statutes Section 681A.380

“Retrocession” defined. “Retrocession” means a transaction whereby a reinsurer cedes to another reinsurer all or part of the reinsurance it has previously assumed. ...

Nevada Revised Statutes Section 681A.390

“Retrocessionaire” defined. “Retrocessionaire” means the assuming reinsurer in a retrocession. ...

Nevada Revised Statutes Section 681A.400

“Syndicate” defined. “Syndicate” means a joint underwriting operation of insurance or reinsurance in which the participants assume a predetermined and fixed interest in the insurance written and the members share ...

Nevada Revised Statutes Section 681A.410

“Violation” defined. “Violation” by an intermediary, insurer or reinsurer for whom the intermediary was acting means failure to comply substantially with the provisions of NRS 681A.250 to 681A.580, inclusive. ...

Nevada Revised Statutes Section 681A.420

Limitations and requirements.

1. A person shall not act as a broker for reinsurance for a domestic insurer or reinsurer unless he is:

(a) A licensed producer in ...

Nevada Revised Statutes Section 681A.430

License to act as intermediary.

1. The Commissioner may issue a license to act as an intermediary to any person who has complied with the requirements of NRS 681A.250 ...

Nevada Revised Statutes Section 681A.440

Circumstances under which Commissioner is authorized to refuse to issue license.

1. The Commissioner may refuse to issue a license to act as an intermediary if, in his judgment:

Nevada Revised Statutes Section 681A.450

Licensed attorney acting as intermediary. When acting in his professional capacity, an attorney at law who is licensed in this state need not be licensed as an intermediary. ...

Nevada Revised Statutes Section 681A.460

Brokers: Transactions with insurer; termination; duties.

1. A transaction between a broker for reinsurance and the insurer he represents may only be entered into by written agreement. The agreement ...

Nevada Revised Statutes Section 681A.470

Brokers: Maintenance of records of transactions; access to accounts and records by insurer.

1. For 10 years after expiration of each contract of reinsurance transacted by the broker for ...

Nevada Revised Statutes Section 681A.480

Brokers: Conditions for employment; annual statement of financial condition.

1. An insurer shall not engage the services of any person to act as a broker for reinsurance on its ...

Nevada Revised Statutes Section 681A.490

Managers: Transactions with reinsurer; termination; duties.

1. Transactions between a manager for reinsurance and the reinsurer he represents must only be entered into pursuant to a written contract which ...

Nevada Revised Statutes Section 681A.500

Managers: Compliance with certain standards established by insurer; required provisions in contract; relationship with reinsurer.

1. A manager for reinsurance shall comply with the written underwriting and rating ...

Nevada Revised Statutes Section 681A.510

Managers: Requirements for settlement of claims; ownership of claims files; termination of authority to settle claims.

1. If a contract between a manager for reinsurance and the reinsurer he ...

Nevada Revised Statutes Section 681A.520

Managers: Sharing of interim profits. If a contract between a manager for reinsurance and the reinsurer he represents provides for a sharing of interim profits by the manager for reinsurance, ...

Nevada Revised Statutes Section 681A.530

Managers: Maintenance of records of transactions; access to accounts and records by reinsurer.

1. For at least 10 years after expiration of each contract of reinsurance transacted by a ...

Nevada Revised Statutes Section 681A.540

Managers: Prohibited acts. A manager for reinsurance shall not:

1. Except as otherwise provided in this section, cede retrocessions on behalf of the reinsurer. A manager for reinsurance may ...

Nevada Revised Statutes Section 681A.550

Managers: Conditions for employment; annual statement of financial condition; reserves for losses; retrocessional contracts; notice of termination; prohibition against serving on board of directors of reinsurer.

1. A reinsurer ...

Nevada Revised Statutes Section 681A.560

Examination of intermediary by Commissioner.

1. An intermediary is subject to examination by the Commissioner. The intermediary shall allow the Commissioner to have access to all of his books, ...

Nevada Revised Statutes Section 681A.570

Actions that may be taken against intermediary who fails to comply with laws.

1. If the Commissioner believes that the reinsurance intermediary or any other person has not materially ...

Nevada Revised Statutes Section 681A.580

Rights of relevant parties not limited or expanded. NRS 681A.250 to 681A.580, inclusive, do not limit or restrict the rights of policyholders, claimants, creditors or other third parties or confer ...

Nevada Revised Statutes Section 681B.010

Assets. In any determination of the financial condition of an insurer, there must be allowed as assets only such assets as are owned by the insurer and which consist of:

Nevada Revised Statutes Section 681B.020

Assets not allowed.

1. In addition to assets impliedly excluded by the provisions of NRS 681B.010, the following expressly may not be allowed as assets in any determination ...

Nevada Revised Statutes Section 681B.030

Disallowance of asset arranged to deceive.

1. The Commissioner shall disallow as an asset or as a credit against liabilities any reinsurance found by him after a hearing thereon ...

Nevada Revised Statutes Section 681B.040

Liabilities. In any determination of the financial condition of an insurer, capital stock and liabilities to be charged against its assets shall include:

1. The amount of its capital ...

Nevada Revised Statutes Section 681B.050

Reserves for losses from casualty insurance.

1. As to casualty insurance transacted by it, each insurer shall maintain at all times reserves in an amount estimated in the aggregate ...

Nevada Revised Statutes Section 681B.060

Reserve for unearned premiums.

1. As to property, casualty and surety insurance the insurer shall maintain as a liability an unearned premium reserve on all policies in force.

...

Nevada Revised Statutes Section 681B.070

Reserve for unearned premiums for marine and transportation insurance. As to marine and transportation insurance, the entire amount of premiums on trip risks not terminated shall be deemed unearned; and ...

Nevada Revised Statutes Section 681B.080

Reserves for policies of health insurance. For all health insurance policies the insurer shall maintain an active life reserve which shall place a sound value on its liabilities under such ...

Nevada Revised Statutes Section 681B.100

Contingency reserves for insurance of repayment of debt secured by mortgage.

1. Casualty or surety insurers insuring real property mortgage lenders against loss by reason of nonpayment of the ...

Nevada Revised Statutes Section 681B.110

Standard of valuation: Valuation and calculation of reserves; acceptance of valuation by another state or jurisdiction.

1. The Commissioner shall, in the manner provided by NRS 681B.110 to 681B.150, ...

Nevada Revised Statutes Section 681B.120

Standard of valuation: Minimum standards for policies and contracts.

1. Except as otherwise provided in subsection 3 and in NRS 681B.125, the minimum standards for the valuation of all ...

Nevada Revised Statutes Section 681B.125

Standard of valuation: Interest rates for minimum standard.

1. This section sets forth the interest rates used in determining the minimum standard for valuation of:

(a) All life ...

Nevada Revised Statutes Section 681B.130

Standard of valuation: Reserves; modified net premiums; calculations; minimum aggregate reserves.

1. Except as otherwise provided in subsection 4 and in NRS 681B.150, reserves, according to the Commissioners’ reserve ...

Nevada Revised Statutes Section 681B.140

Standard of valuation: Calculation of reserves on higher or lower standards; rate of interest.

1. Reserves for any category of policies, contracts or benefits as established by the Commissioner, ...

Nevada Revised Statutes Section 681B.145

Standard of valuation: Reserves for plan of life insurance. For any plan of life insurance which provides for the determination of a future premium, the amounts of which are to ...

Nevada Revised Statutes Section 681B.150

Standard of valuation: Minimum reserve. If in any contract year the gross premium charged by any life insurer on any policy or contract issued on or after January 1, 1972, ...

Nevada Revised Statutes Section 681B.160

Valuation of bonds.

1. Except as otherwise provided in subsection 5, all bonds or other evidences of debt having a fixed term and rate of interest held by an ...

Nevada Revised Statutes Section 681B.170

Valuation of other securities.

1. Except as otherwise provided in subsection 4, securities, other than those specified in NRS 681B.160, held by an insurer must be valued, in the ...

Nevada Revised Statutes Section 681B.180

Valuation of property.

1. Real property acquired pursuant to a mortgage loan or contract for sale, in the absence of a recent appraisal deemed by the Commissioner to be ...

Nevada Revised Statutes Section 681B.190

Valuation of purchase money mortgages. Purchase money mortgages on real property referred to in subsection 1 of NRS 681B.180 shall be valued in an amount not exceeding the acquisition cost ...

Nevada Revised Statutes Section 681B.200

Life insurance: “Qualified actuary” defined. As used in NRS 681B.200 to 681B.260, inclusive, “qualified actuary” means a member in good standing of the American Academy of Actuaries, or a successor ...

Nevada Revised Statutes Section 681B.210

Life insurance: Insurer to submit annual opinion of qualified actuary as to computation of reserves and related actuarial items. Every insurer offering life insurance doing business in this state shall ...

Nevada Revised Statutes Section 681B.220

Life insurance: Insurer to submit annual opinion of qualified actuary as to sufficiency of reserves and related actuarial items.

1. Every such insurer, unless exempted by or pursuant to ...

Nevada Revised Statutes Section 681B.230

Life insurance: Opinion of actuary to be supported by memorandum; Commissioner may cause independent actuary to review opinion under certain circumstances.

1. Each opinion required by NRS 681B.220 must ...

Nevada Revised Statutes Section 681B.240

Life insurance: Requirements for opinion of actuary.

1. Every opinion must:

(a) Be submitted with the annual statement reflecting the valuation of reserve liabilities for each year ending ...

Nevada Revised Statutes Section 681B.250

Life insurance: Liability of qualified actuary; disciplinary action.

1. Except in a case of fraud or willful misconduct, a qualified actuary is not liable for damages to any person ...

Nevada Revised Statutes Section 681B.260

Life insurance: Confidentiality of material provided by insurer to Commissioner.

1. Except as otherwise provided in this section, an opinion, and any other material provided by an insurer to ...

Nevada Revised Statutes Section 681B.270

Regulations regarding standards for valuation of reserves of insurers. The Commissioner shall adopt by regulation minimum standards for the valuation of reserves of other insurers offering health insurance of any ...

Nevada Revised Statutes Section 681B.280

Insurers to report material acquisition or disposition of assets; regulations. Each insurer shall report to the Commissioner every material acquisition or disposition of assets within 15 days after the end ...

Nevada Revised Statutes Section 681B.290

Insurer to report its level of risk-based capital; regulations; exemption.

1. Except as otherwise provided in subsection 3, on or before March 1 of each year, each domestic insurer, ...

Nevada Revised Statutes Section 682A.010

Scope. This chapter, with the exception of NRS 682A.290, applies only to domestic insurers. ...

Nevada Revised Statutes Section 682A.020

Eligible investments.

1. Insurers may invest in or lend their funds on the security of, and may hold as invested assets, only eligible investments as prescribed in this chapter.

Nevada Revised Statutes Section 682A.030

General qualifications.

1. No security or investment (other than real and personal property acquired under NRS 682A.240 (real property) shall be eligible for acquisition unless it is interest bearing ...

Nevada Revised Statutes Section 682A.040

Authorization and record of investments.

1. An insurer shall not make any investment or loan (other than policy loans or annuity contract loans of a life insurer) unless the ...

Nevada Revised Statutes Section 682A.050

Diversification. An insurer shall only invest in or hold as assets categories of investments within applicable limits as follows:

1. One person. An insurer shall not at any one ...

Nevada Revised Statutes Section 682A.060

Public obligations.

1. An insurer may invest in bonds or other evidences of indebtedness, not in default as to principal or interest, which are valid and legally authorized obligations ...

Nevada Revised Statutes Section 682A.070

Obligations and stock of certain federal and international agencies. An insurer may invest in the obligations, and in stock that are stated, issued, assumed or guaranteed by the following agencies ...

Nevada Revised Statutes Section 682A.080

Corporate obligations.

1. An insurer may invest any of its funds in obligations other than those eligible for investment under NRS 682A.230, relating to real property mortgages, if they ...

Nevada Revised Statutes Section 682A.090

Definitions; net earnings.

1. Certain terms used are defined for the purposes of this chapter as follows:

(a) “Fixed charges” includes interest on funded and unfunded debt, amortization ...

Nevada Revised Statutes Section 682A.100

Preferred or guaranteed stock.

1. An insurer may invest in preferred or guaranteed stocks or shares of any solvent institution if all of the prior obligations and prior preferred ...

Nevada Revised Statutes Section 682A.110

Common stocks.

1. An insurer may invest up to 35 percent of its assets in nonassessable common stocks, other than insurance stocks, of any solvent corporation, except that bank ...

Nevada Revised Statutes Section 682A.120

Insurance stocks.

1. An insurer may invest in the stocks of other solvent insurers formed under the laws of this or another state, which stocks meet the applicable requirements ...

Nevada Revised Statutes Section 682A.130

Stocks of subsidiaries.

1. An insurer may invest in the stock of a subsidiary insurance corporation formed or acquired by it, or in the stock of a subsidiary business ...

Nevada Revised Statutes Section 682A.140

Common trust funds; mutual funds. An insurer may invest in:

1. A bank’s common trust fund as defined in section 584 of the United States Internal Revenue Code of ...

Nevada Revised Statutes Section 682A.150

Bankers’ acceptances and bills of exchange. An insurer may invest in bankers’ acceptances and bills of exchange of the kinds and maturities made eligible by law for rediscount with Federal ...

Nevada Revised Statutes Section 682A.160

Equipment trust obligations or certificates. An insurer may invest in equipment trust obligations or certificates adequately secured and evidencing an interest in transportation equipment, wholly or in part within the ...

Nevada Revised Statutes Section 682A.170

Loans secured by policy. A life insurer may lend to its policyholder, upon pledge of the policy as collateral security, any sum not exceeding the cash surrender value of the ...

Nevada Revised Statutes Section 682A.180

Collateral loans. An insurer may lend and thereby invest its funds upon the pledge of securities eligible for investment under this chapter. As of the date made, no such loan ...

Nevada Revised Statutes Section 682A.190

Savings and share accounts. An insurer may invest in share or savings accounts of thrift companies, credit unions or savings and loan associations, or in savings accounts of banks, and ...

Nevada Revised Statutes Section 682A.200

Miscellaneous investments; records.

1. An insurer may make loans or investments not otherwise expressly permitted under this chapter, in an aggregate amount not over 10 percent of the insurer’s ...

Nevada Revised Statutes Section 682A.210

Special accounts. The amounts allocated to each separate account established by the insurer pursuant to NRS 688A.390 (separate accounts), together with accumulations thereon, may be invested or reinvested in accordance ...

Nevada Revised Statutes Section 682A.220

Special investments of title insurers.

1. A title insurer may invest funds in an amount not exceeding 50 percent of its subscribed capital stock in its abstract plant and ...

Nevada Revised Statutes Section 682A.230

Mortgages and deeds of trust.

1. An insurer may invest in bonds or notes secured by mortgages or deeds of trust representing first liens upon unencumbered real property located ...

Nevada Revised Statutes Section 682A.240

Real property.

1. A domestic insurer may invest in real property only if used for the purposes or acquired in any manner, and within limits, set forth below:

...

Nevada Revised Statutes Section 682A.250

Time limited for disposal of real property.

1. Except as stated in subsection 2, or unless the insurer elects to hold the real property as an investment under paragraph ...

Nevada Revised Statutes Section 682A.260

Time limited for disposal of other ineligible property and securities. Any personal property or securities lawfully acquired by an insurer which it could not otherwise have invested in or loaned ...

Nevada Revised Statutes Section 682A.270

Failure to dispose of real property, personal property or securities: Effect; penalty.

1. Any real property, personal property or securities lawfully acquired and held by an insurer after expiration ...

Nevada Revised Statutes Section 682A.280

Prohibited investments and underwriting.

1. In addition to investments excluded pursuant to other provisions of this Code, an insurer shall not acquire, invest in or lend its funds upon ...

Nevada Revised Statutes Section 682A.290

Investments of foreign insurers.

1. A foreign or alien insurer may make investments permitted by the laws of its domicile if its portfolio of investments is of a quality ...

Nevada Revised Statutes Section 682B.010

Authorized deposits. The following deposits of insurers when made through the Commissioner must be accepted and held by him in trust, subject to the provisions of NRS 682B.010 to 682B.120, ...

Nevada Revised Statutes Section 682B.015

Additional deposit.

1. In addition to the deposits authorized by NRS 682B.010, the Commissioner may by regulation require as a condition of transacting the business of insurance in this ...

Nevada Revised Statutes Section 682B.020

Purpose of deposit.

1. Deposits made in this state under NRS 680A.140 and 680A.330 (retaliatory provision) shall be held in trust for the respective purposes stated in those sections.

Nevada Revised Statutes Section 682B.030

Securities eligible for deposit.

1. All such deposits required under NRS 680A.140 for authority to transact insurance in this state shall consist of good interest-bearing or dividend-paying securities of ...

Nevada Revised Statutes Section 682B.040

Deposits through Commissioner required; exceptions; Account for Division of Insurance; responsibilities of State.

1. Except as otherwise provided in NRS 682B.050 and 682B.055, deposits made in this state pursuant ...

Nevada Revised Statutes Section 682B.050

Custodial arrangements.

1. In lieu of a deposit made as provided in NRS 682B.040, the Commissioner in his discretion may, upon written request of the insurer and where of ...

Nevada Revised Statutes Section 682B.055

Use of securities as deposit without delivery to Commissioner. The Commissioner:

1. May allow an insurer to use securities as a deposit or as a part of a deposit ...

Nevada Revised Statutes Section 682B.060

Assignment, transfer and conveyance of assets; release.

1. Except as provided in NRS 682B.055, an insurer shall assign to the Commissioner and his successors in office in trust all ...

Nevada Revised Statutes Section 682B.070

Appraisal. The Commissioner may, in his discretion, prior to acceptance for deposit of any particular asset or security, or at any time thereafter while so deposited, have the same appraised ...

Nevada Revised Statutes Section 682B.080

Excess deposits.

1. If assets deposited by an insurer under NRS 682B.010 to 682B.120, inclusive, are subject to material fluctuations in market value, the Commissioner may, in his discretion, ...

Nevada Revised Statutes Section 682B.090

Rights of insurer during solvency. So long as the insurer remains solvent and is in compliance with this Code it may:

1. Demand, receive, sue for and recover the ...

Nevada Revised Statutes Section 682B.100

Levy upon deposit. No judgment creditor or other claimant of an insurer shall have the right to levy upon any of the assets or securities held in this state as ...

Nevada Revised Statutes Section 682B.110

Deficiency of deposit. If for any reason the market value of assets of an insurer held on deposit in this state falls below the amount required under this Code, the ...

Nevada Revised Statutes Section 682B.120

Duration and release of deposit.

1. Every deposit made in this state by an insurer pursuant to this Code shall be held as long as there is outstanding any ...

Nevada Revised Statutes Section 682B.130

Deposit of assets in trust.

1. An alien insurer may use Nevada as a state of entry to transact insurance in the United States of America by making and ...

Nevada Revised Statutes Section 682B.140

Purpose and duration. The deposit provided for in NRS 682B.130 shall be for the benefit, security and protection of the policyholders, or policyholders and creditors, of the insurer in the ...

Nevada Revised Statutes Section 682B.150

Trust agreement: Approval.

1. The deposit referred to in NRS 682B.130 shall be made and maintained under a written trust agreement between the insurer and the trustee, consistent with ...

Nevada Revised Statutes Section 682B.160

Trust agreement: Amendment. A trust agreement may be amended, but the amendment shall not be effective until filed with and approved in writing by the Commissioner as being in compliance ...

Nevada Revised Statutes Section 682B.170

Withdrawal of approval. The Commissioner may withdraw his approval of any trust agreement or of any amendment thereof if he finds upon hearing, after notice thereof to the insurer and ...

Nevada Revised Statutes Section 682B.180

Title to assets. Title to the trusteed assets is vested in the trustee and its successors for the purposes of the trust deposit, and the trust agreement shall so provide. ...

Nevada Revised Statutes Section 682B.190

Assets kept separate. The trustee shall keep the trusteed assets separate from other assets and shall maintain a record thereof sufficient to identify trusteed assets at all times. ...

Nevada Revised Statutes Section 682B.200

Statement of trustee.

1. The trustee of trusteed assets shall from time to time file with the Commissioner statements, in such forms as the Commissioner may designate and request ...

Nevada Revised Statutes Section 682B.210

Examination of assets. The Commissioner may examine trusteed assets at any time in accordance with the same conditions and procedures as govern examination of insurers in general under this Code. ...

Nevada Revised Statutes Section 682B.220

Withdrawal of assets.

1. The trust agreement shall provide, in substance, that no withdrawal of trusteed assets shall be made by the insurer or permitted by the trustee without ...

Nevada Revised Statutes Section 682B.230

Substitution of trustee. A new trustee or new trustees may be substituted for the original trustee of trusteed assets for any proper cause. Any such substitution shall be subject to ...

Nevada Revised Statutes Section 682B.240

Mexican and Canadian insurers. The provisions of NRS 682B.130 to 682B.250, inclusive, applicable to a United States manager shall, in the case of insurers domiciled in Mexico or Canada, be ...

Nevada Revised Statutes Section 682B.250

Other provisions applicable. NRS 682B.070 (appraisal) and 682B.100 (levy upon deposit) shall also apply to trusteed assets of an alien insurer. ...

Nevada Revised Statutes Section 683A.020

Definitions. As used in this Code, unless the context otherwise requires, the words and terms defined in NRS 683A.025 to 683A.078, inclusive, have the meanings ascribed to them in those ...

Nevada Revised Statutes Section 683A.025

“Administrator” defined.

1. Except as limited by this section, “administrator” means a person who:

(a) Directly or indirectly underwrites or collects charges or premiums from or adjusts or ...

Nevada Revised Statutes Section 683A.031

“Business organization” defined. “Business organization” means a corporation, association, partnership, limited-liability company, limited-liability partnership or other legal form of organization. ...

Nevada Revised Statutes Section 683A.041

“Home state” defined. “Home state” means the District of Columbia or any state or territory of the United States or Canada in which a producer of insurance maintains his principal ...

Nevada Revised Statutes Section 683A.051

“License” defined. “License” means a document issued by the Commissioner authorizing a person to act as a producer of insurance for the lines of authority specified in the document. ...

Nevada Revised Statutes Section 683A.060

“Managing general agent” defined.

1. A “managing general agent” is a person who:

(a) Negotiates and binds ceding reinsurance contracts on behalf of an insurer or manages all ...

Nevada Revised Statutes Section 683A.065

“Negotiate” defined. “Negotiate” means to confer directly with, or offer advice directly to, a purchaser or prospective purchaser of a particular contract of insurance concerning any of the substantive benefits, ...

Nevada Revised Statutes Section 683A.072

“Sell” defined. “Sell” means to exchange a contract of insurance, by any means, for money or its equivalent on behalf of an insurer. ...

Nevada Revised Statutes Section 683A.074

“Solicit” defined. “Solicit” means to attempt to sell insurance or to ask or urge a person to apply for a particular kind of insurance from a particular insurer. ...

Nevada Revised Statutes Section 683A.076

“Terminate” defined. “Terminate” means to cancel the relationship between a producer of insurance and the insurer or to terminate a producer’s authority to transact insurance. ...

Nevada Revised Statutes Section 683A.078

“Uniform application” defined. “Uniform application” means the uniform application for licensing of producers of insurance prepared by the National Association of Insurance Commissioners and adopted by the Commissioner. ...

Nevada Revised Statutes Section 683A.0805

Definitions. As used in NRS 683A.0805 to 683A.0893, inclusive, unless the context otherwise requires, the words and terms defined in NRS 683A.081 to 683A.084, inclusive, have the meanings ascribed to ...

Nevada Revised Statutes Section 683A.081

“Affiliate” defined. “Affiliate” has the meaning ascribed to it in NRS 692C.030. ...

Nevada Revised Statutes Section 683A.082

“Control” defined. “Control” has the meaning ascribed to it in NRS 692C.050. ...

Nevada Revised Statutes Section 683A.083

“Insurer” defined. “Insurer” includes, without limitation:

1. An insurance company licensed pursuant to the provisions of this Code;

2. A prepaid limited health service organization that has been ...

Nevada Revised Statutes Section 683A.084

“Underwrite” defined. “Underwrite” includes, without limitation:

1. Accepting applications for insurance coverage in accordance with the written rules of an insurer;

2. Planning and coordinating a program of ...

Nevada Revised Statutes Section 683A.085

Certificate of registration required. No person may act as, offer to act as or hold himself out to the public as an administrator, unless he has obtained a certificate of ...

Nevada Revised Statutes Section 683A.0851

Health maintenance organization authorized to act as administrator of program of health insurance; review of contract; exemption from licensing and bonding.

1. A health maintenance organization licensed under chapter ...

Nevada Revised Statutes Section 683A.0852

Nonprofit corporation for hospital or medical services authorized to act as administrator of program of health insurance; notice to Commissioner; exemption from licensing and bonding.

1. A nonprofit corporation ...

Nevada Revised Statutes Section 683A.08522

Contents of application for certificate of registration. Each application for a certificate of registration as an administrator must include or be accompanied by:

1. A financial statement that is ...

Nevada Revised Statutes Section 683A.08524

Issuance of certificate of registration; grounds for refusal to issue certificate of registration.

1. Except as otherwise provided in subsection 2, the Commissioner shall issue a certificate of registration ...

Nevada Revised Statutes Section 683A.08526

Renewal of certificate of registration; surrender of suspended or revoked certificate of registration.

1. A certificate of registration as an administrator is valid for 3 years after the date ...

Nevada Revised Statutes Section 683A.08528

Annual report: Requirements; review by Commissioner; fee.

1. Not later than July 1 of each year, each holder of a certificate of registration as an administrator shall file with ...

Nevada Revised Statutes Section 683A.0853

Waiver of requirements for administrator’s certificate. The Commissioner may waive any requirement which he has promulgated for issue of an administrator’s certificate to any person or class of persons. In ...

Nevada Revised Statutes Section 683A.0857

Bond: Requirement; amount; conditions; cancellation.

1. Each administrator shall file with the Commissioner a bond with an authorized surety in favor of the State of Nevada, continuous in form ...

Nevada Revised Statutes Section 683A.086

Agreement with insurer required; contents of agreement; retention of copy of agreement; trust agreements; regulations specifying permissible functions; termination of agreement.

1. No person may act as an administrator ...

Nevada Revised Statutes Section 683A.0863

Payments to administrator.

1. Payment by or on behalf of an insured to an administrator shall be deemed to have been received by the insurer.

2. Payment to ...

Nevada Revised Statutes Section 683A.087

Advertising. An administrator may advertise the insurance which he administers only after he receives the approval of the insurer who underwrites the business involved. ...

Nevada Revised Statutes Section 683A.0873

Records of administrator: Retention; examination by Commissioner and insurer.

1. Each administrator shall maintain at his principal office adequate books and records of all transactions between himself, the insurer ...

Nevada Revised Statutes Section 683A.0877

Fiduciary accounts: Deposits; records; withdrawals.

1. All insurance charges and premiums collected by an administrator on behalf of an insurer and return premiums received from an insurer are held ...

Nevada Revised Statutes Section 683A.0879

Approval or denial of claims; payment of claims and interest; requests for additional information; award of costs and attorney’s fees; compliance with requirements.

1. Except as otherwise provided in ...

Nevada Revised Statutes Section 683A.088

Payment of claims by check or draft. Each claim paid by the administrator from money collected for or on behalf of an insurer must be paid by a check or ...

Nevada Revised Statutes Section 683A.0883

Basis for compensation of administrator.

1. The compensation paid to an administrator for his services may be based upon premiums or charges collected, on number of claims paid or ...

Nevada Revised Statutes Section 683A.0887

Disclosure of information to insurer and insured.

1. Each administrator shall advise each insured, by means of a written notice approved by the insurer, of the identity of and ...

Nevada Revised Statutes Section 683A.089

Delivery to insureds of communications of insurer. The administrator shall deliver or cause to be delivered to insured persons any written communications of an insurer which are given to the ...

Nevada Revised Statutes Section 683A.0892

Suspension or revocation of certificate of registration; additional penalties.

1. The Commissioner:

(a) Shall suspend or revoke the certificate of registration of an administrator if the Commissioner has ...

Nevada Revised Statutes Section 683A.0893

Penalty for acting without certificate of registration. Any person who acts as an administrator without having applied for and received from the Commissioner a certificate of registration as an administrator ...

Nevada Revised Statutes Section 683A.090

License required; administrative fine.

1. A managing general agent, whether or not located in this state, shall not be or act as such with respect to the business of ...

Nevada Revised Statutes Section 683A.140

Licensing of firm or corporation.

1. A firm or corporation may be licensed as a managing general agent.

2. A resident firm or corporation which has more than ...

Nevada Revised Statutes Section 683A.150

Application for managing general agent’s license. Repealed. (See chapter 2, Statutes of Nevada 2003, at page 156.) ...

Nevada Revised Statutes Section 683A.160

Application for license. Each applicant for a license as a managing general agent must submit with his application:

1. A complete set of his fingerprints which the Commissioner may ...

Nevada Revised Statutes Section 683A.201

License required; exemption for insurers; administrative fine.

1. A person shall not sell, solicit or negotiate insurance in this state for any class of insurance unless he is licensed ...

Nevada Revised Statutes Section 683A.211

Persons exempt from licensing. The following persons need not be licensed as producers of insurance:

1. An officer, director or employee of an insurer or of a producer of ...

Nevada Revised Statutes Section 683A.221

Employee of short-term lessor of passenger vehicles exempt from licensing under certain circumstances. If a short-term lessor of passenger vehicles licensed pursuant to NRS 482.363 holds a limited license as ...

Nevada Revised Statutes Section 683A.231

Licensing of bank.

1. For the purposes of this section:

(a) “Affiliate” means a person that directly, or indirectly through one or more intermediaries, is controlled by, ...

Nevada Revised Statutes Section 683A.241

Examination for license: Requirement; contents; regulations; contracts for administration; fee; failure to appear.

1. A resident natural person applying for a license as a producer of insurance must pass ...

Nevada Revised Statutes Section 683A.251

Form and prerequisites for approval of application for license; licensing of business organization; search of records of criminal history; verification of information.

1. The Commissioner shall prescribe the form ...

Nevada Revised Statutes Section 683A.261

Issuance, effect, renewal, failure to renew, contents and display of license; lines of authority; place of business; notice of change of address.

1. Unless the Commissioner refuses to issue ...

Nevada Revised Statutes Section 683A.271

Licensing of nonresident persons; participation by Commissioner in centralized registry.

1. Unless the Commissioner refuses to issue the license under NRS 683A.451, the Commissioner shall issue a license as ...

Nevada Revised Statutes Section 683A.281

Nonresident licensees: Service of process; agreement to appear.

1. Every nonresident licensed by this state as a producer of insurance shall appoint the Commissioner in writing as his attorney ...

Nevada Revised Statutes Section 683A.291

Licensing of producer previously licensed for same lines of authority in another state; exemption from examination for producer who confines his activity to certain types of insurance.

1. An ...

Nevada Revised Statutes Section 683A.301

Use of true or fictitious name by applicant for license or licensee.

1. An applicant for a license as a producer of insurance or a licensee who desires to ...

Nevada Revised Statutes Section 683A.311

Temporary licenses: Authority of Commissioner; expiration.

1. The Commissioner may issue a temporary license as a producer of insurance to any of the following for 180 days or less ...

Nevada Revised Statutes Section 683A.321

Appointment of producer as agent of insurer; fees for agents; activities of producer as broker.

1. A producer of insurance shall not act as an agent unless he is ...

Nevada Revised Statutes Section 683A.331

Termination of appointment, employment or other relationship of producer to insurer; civil immunity for provision of certain information regarding termination.

1. An insurer or its authorized representative who terminates ...

Nevada Revised Statutes Section 683A.341

Reports to Commissioner: Administrative action or criminal prosecution against producer. A producer of insurance shall report to the Commissioner:

1. Any administrative action taken against him in another jurisdiction ...

Nevada Revised Statutes Section 683A.351

Records of transactions: Maintenance; examination by Commissioner; destruction.

1. Every producer of insurance shall keep complete records of transactions under his license. The records must show, for each insurance ...

Nevada Revised Statutes Section 683A.361

Payment, acceptance and assignment of commissions, brokerage, fees for service and other valuable considerations.

1. An insurer or a producer of insurance shall not pay a commission, brokerage, fee ...

Nevada Revised Statutes Section 683A.370

Use and licensing of vending machines to solicit for and issue personal travel accident insurance policies.

1. A licensed producer of insurance or insurer may solicit for and issue ...

Nevada Revised Statutes Section 683A.371

Certification; conflicts of interest; annual list.

1. An external review organization shall not conduct an external review of a final adverse determination pursuant to NRS 695G.241 to 695G.310, inclusive, ...

Nevada Revised Statutes Section 683A.373

Submission of annual list to Office for Consumer Health Assistance. As soon as practicable after preparing an annual list of external review organizations pursuant to subsection 8 of NRS 683A.371, ...

Nevada Revised Statutes Section 683A.375

Purposes. The purposes of NRS 683A.375 to 683A.379, inclusive, are to:

1. Promote the delivery of health care of high quality in a manner that limits the cost of ...

Nevada Revised Statutes Section 683A.376

Definitions. As used in NRS 683A.375 to 683A.379, inclusive:

1. “Agent who performs utilization review” includes any person who performs such review except a person acting on behalf of ...

Nevada Revised Statutes Section 683A.377

Applicability. The provisions of NRS 683A.375 to 683A.379, inclusive, do not apply to:

1. An authorized insurer;

2. A fraternal benefit society that is certified pursuant to chapter ...

Nevada Revised Statutes Section 683A.378

Prerequisites to conducting utilization review; registration of agent; plan for utilization review; agent to report changes.

1. A person shall not conduct utilization review unless he is:

(a) ...

Nevada Revised Statutes Section 683A.379

Penalty. A person who violates any provision of NRS 683A.375 to 683A.378, inclusive, shall be punished by a fine of not more than $1,000. ...

Nevada Revised Statutes Section 683A.383

Payment of child support: Statement by applicant for certificate of registration or license; grounds for denial of certificate of registration or license; duty of Commissioner. [Expires by limitation on the ...

Nevada Revised Statutes Section 683A.385

Suspension of certificate of registration or license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of certificate of registration or license. [Expires by limitation ...

Nevada Revised Statutes Section 683A.387

Application for certificate of registration or license to include social security number of applicant. [Expires by limitation on the date of the repeal of the federal law requiring each state ...

Nevada Revised Statutes Section 683A.400

Money received and held in fiduciary capacity by producer of insurance, surplus lines broker, motor club agent or bail agent.

1. All money of others received by any person ...

Nevada Revised Statutes Section 683A.405

Submission of schedule of payments to provider of health care by administrator, managing general agent, producer of insurance or certain entities acting as administrator. If an administrator, managing general agent ...

Nevada Revised Statutes Section 683A.451

Authority of Commissioner; grounds for action. The Commissioner may refuse to issue a license or certificate pursuant to this chapter or may place any person to whom a license or ...

Nevada Revised Statutes Section 683A.461

Denial, suspension or revocation of license; administrative fines; authority of Commissioner after surrender or lapse of license or registration.

1. If the Commissioner denies an application for, or refuses ...

Nevada Revised Statutes Section 683A.480

Return of license to Commissioner.

1. All licenses issued under this Code, although issued and delivered to the licensee or his employer, shall at all times be the property ...

Nevada Revised Statutes Section 683A.490

Notice to district attorney of violation; penalty for violation of provision of chapter.

1. The Commissioner may inform the appropriate district attorney of any violation of any provision of ...

Nevada Revised Statutes Section 683A.500

Insurer prohibited from permitting person whose license has been revoked or suspended to transact insurance. A person licensed to transact insurance in this state shall not knowingly permit any other ...

Nevada Revised Statutes Section 683A.510

Failure of insurer or its authorized agent to report certain information regarding producer of insurance; report of such information with actual malice. An insurer or its authorized representative who fails ...

Nevada Revised Statutes Section 683A.520

Failure of producer of insurance or surplus lines broker to remit premiums: Notice; suspension of license.

1. If within 30 days after the contractual due date of any premium ...

Nevada Revised Statutes Section 683C.010

“Insurance consultant” defined. As used in this chapter, unless the context otherwise requires, “insurance consultant” means a person who, for a fee, holds himself out to the public as engaged ...

Nevada Revised Statutes Section 683C.018

Applicability of other provisions of NRS. The provisions of chapters 679A and 679B of NRS and NRS 683A.301, 683A.341 and 683A.351 apply to an insurance consultant. ...

Nevada Revised Statutes Section 683C.020

License required; exceptions; penalty.

1. Except as otherwise provided in subsection 2, no person may engage in the business of an insurance consultant unless a license has been issued ...

Nevada Revised Statutes Section 683C.030

Application for license; requirements; duration of license. [Effective until the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the ...

Nevada Revised Statutes Section 683C.030

Application for license; requirements; duration of license. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the ...

Nevada Revised Statutes Section 683C.035

Form and prerequisites for approval of application for license; licensing of business organization; verification of information; duration of license.

1. The Commissioner shall prescribe the form of application by ...

Nevada Revised Statutes Section 683C.040

Renewal of license: Application; fee; requirements. [Effective until the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, ...

Nevada Revised Statutes Section 683C.040

Renewal of license: Application; fee; requirements. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, ...

Nevada Revised Statutes Section 683C.043

Payment of child support: Statement by applicant for license; grounds for denial of license; duty of Commissioner. [Expires by limitation on the date of the repeal of the federal law ...

Nevada Revised Statutes Section 683C.047

Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license. [Expires by limitation on the date of the repeal of the ...

Nevada Revised Statutes Section 683C.050

Requirements for partnership or corporation licensed as insurance consultant. A partnership or corporation licensed as an insurance consultant must require a license of each natural person who is authorized to ...

Nevada Revised Statutes Section 683C.060

Written agreement with client required before rendering services. In advance of rendering any service, a written agreement on a form approved by the Commissioner must be prepared by the insurance ...

Nevada Revised Statutes Section 683C.070

Licensee prohibited from holding other licenses concurrently. A person licensed pursuant to this chapter may not concurrently hold a license as a producer of insurance or a surplus lines broker’s ...

Nevada Revised Statutes Section 683C.080

Association with and compensation from certain persons who sell insurance prohibited. A licensed insurance consultant shall not employ, be employed by or be in partnership with, or receive any remuneration ...

Nevada Revised Statutes Section 683C.100

Obligations. An insurance consultant is obligated under his license to:

1. Serve with objectivity and complete loyalty the interests of his client; and

2. Render to his client ...

Nevada Revised Statutes Section 683C.105

Submission of location of business or change in location of business or residence; penalty. A licensee shall inform the Commissioner of all locations from which business is conducted and of ...

Nevada Revised Statutes Section 683C.110

Nonresident licensees: Service of process; promise to appear.

1. A nonresident who is licensed by this state as an insurance consultant shall appoint the Commissioner, in writing, as his ...

Nevada Revised Statutes Section 683C.120

Disciplinary action by Commissioner.

1. The Commissioner may place an insurance consultant on probation, suspend his license for not more than 12 months, or revoke or refuse to renew ...

Nevada Revised Statutes Section 683C.130

Notice and effect of suspension, limitation or revocation of license.

1. Upon suspension, limitation or revocation of the license of an insurance consultant, the Commissioner shall immediately notify the ...

Nevada Revised Statutes Section 684A.010

Applicability; short title. This chapter applies to adjusters only as defined in NRS 684A.020, and does not apply to any person who adjusts or settles claims relating to life or ...

Nevada Revised Statutes Section 684A.020

“Adjuster” defined.

1. As used in this Code, “adjuster” means any person who, for compensation as an independent contractor or for a fee or commission, investigates and settles, and ...

Nevada Revised Statutes Section 684A.030

“Independent,” “public” and “associate adjuster” defined. As used in this Code:

1. “Independent adjuster” means an adjuster representing the interests of an insurer or a self-insurer.

2. “Public ...

Nevada Revised Statutes Section 684A.040

License required; penalties; issuance of limited license.

1. No person may act as, or hold himself out to be, an adjuster or associate adjuster in this state unless then ...

Nevada Revised Statutes Section 684A.050

Concurrent licensing as independent and public adjuster prohibited. The Commissioner may license an individual as either an independent adjuster or as a public adjuster. No individual shall be licensed concurrently ...

Nevada Revised Statutes Section 684A.055

Licensing of person in business of repairing bodies of automobiles prohibited. No person who is engaged in the business of repairing the bodies of automobiles may:

1. Be licensed ...

Nevada Revised Statutes Section 684A.060

Exceptions to requirement of licensing: Agents; catastrophes.

1. On behalf of, as authorized by, an insurer as to which he is licensed as an agent under chapter 683A of ...

Nevada Revised Statutes Section 684A.070

Qualifications for license for natural person; waiver of residency requirement; denial, suspension, revocation of or limitation on license for committing certain crime.

1. For the protection of the people ...

Nevada Revised Statutes Section 684A.080

Licensing of firm or corporation.

1. A firm or corporation may be licensed either as an independent adjuster or public adjuster. Each general partner and each other natural person ...

Nevada Revised Statutes Section 684A.090

Application for license; penalty. [Effective until the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and ...

Nevada Revised Statutes Section 684A.090

Application for license; penalty. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and ...

Nevada Revised Statutes Section 684A.100

Examination for license. Each person who intends to apply for a license as an adjuster must, before applying for the license, personally take and pass to the Commissioner’s satisfaction a ...

Nevada Revised Statutes Section 684A.105

Exemption from examination: Relicensing within 6 months after expiration of license. An adjuster whose license expires is exempt from retaking the examination required by NRS 684A.100 if he applies and ...

Nevada Revised Statutes Section 684A.110

Issuance of license; notice of refusal to issue license; fees not refundable; name of licensee.

1. If the Commissioner finds that the application is complete, that the applicant has ...

Nevada Revised Statutes Section 684A.120

Form and contents of license.

1. The Commissioner shall prescribe the form of the adjuster license, which shall state:

(a) The licensee’s name and business address;

(b) ...

Nevada Revised Statutes Section 684A.130

Expiration and renewal of license. [Effective until the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational ...

Nevada Revised Statutes Section 684A.130

Expiration and renewal of license. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational ...

Nevada Revised Statutes Section 684A.140

Associate adjuster: Application for license; fee; license; penalty. [Effective until the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting ...

Nevada Revised Statutes Section 684A.140

Associate adjuster: Application for license; fee; license; penalty. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting ...

Nevada Revised Statutes Section 684A.143

Payment of child support: Statement by applicant for license; grounds for denial of license; duty of Commissioner. [Expires by limitation on the date of the repeal of the federal law ...

Nevada Revised Statutes Section 684A.147

Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license. [Expires by limitation on the date of the repeal of the ...

Nevada Revised Statutes Section 684A.150

Temporary license as independent adjuster.

1. In the event of death or inability to act of a licensed independent adjuster, the Commissioner may issue a temporary license as an ...

Nevada Revised Statutes Section 684A.155

Limited license: Commissioner authorized to issue to adjuster licensed in adjoining state; terms; powers. [Effective until the date of the repeal of the federal law requiring each state to establish ...

Nevada Revised Statutes Section 684A.155

Limited license: Commissioner authorized to issue to adjuster licensed in adjoining state; terms; powers. [Effective on the date of the repeal of the federal law requiring each state to establish ...

Nevada Revised Statutes Section 684A.160

Fee for adjuster’s license. Before the issuance or continuation of an adjuster’s license the applicant must pay a fee of $15 for deposit in the Insurance Recovery Account created by ...

Nevada Revised Statutes Section 684A.170

Place of business; display of license.

1. Every adjuster shall have and maintain in this state a place of business accessible to the public and from which the licensee ...

Nevada Revised Statutes Section 684A.180

Records.

1. Each adjuster shall keep at his business address shown on his license a record of all transactions under the license.

2. The record shall include:

...

Nevada Revised Statutes Section 684A.190

Responsibility for employees. All business transacted by an adjuster under his license shall be in his name, and he shall be responsible for the acts or omissions of his employees ...

Nevada Revised Statutes Section 684A.200

Nonresident licensees: Service of process; agreement to appear. Nonresidents of this state who are granted licenses as adjusters pursuant to subsection 2 of NRS 684A.070 are also subject to NRS ...

Nevada Revised Statutes Section 684A.210

Suspension, revocation or limitation of license: Grounds; surrender of license.

1. The Commissioner may suspend, revoke, limit or refuse to continue any adjuster’s license or associate adjuster’s license:

...

Nevada Revised Statutes Section 684A.220

Suspension, revocation or limitation of license: Applicable provisions. NRS 683A.451, 683A.461 and 683A.480 also apply to suspension, revocation, limitation or refusal to continue adjusters’ licenses and associate adjusters’ licenses, except ...

Nevada Revised Statutes Section 684A.230

Duration of suspension. Every order suspending any license shall specify the period during which the suspension shall be effective, which period shall in no event exceed 12 months. ...

Nevada Revised Statutes Section 684A.240

Commissioner may levy fine; recovery of fine.

1. In addition to or in lieu of the suspension, revocation or refusal to renew any adjuster’s license for any of the ...

Nevada Revised Statutes Section 684A.250

Court may impose fine in lieu of Commissioner’s penalty.

1. Upon the hearing of an appeal from the Commissioner’s order suspending, revoking or refusing to continue any license issued ...

Nevada Revised Statutes Section 684A.260

Reinstatement of license; relicensing; limitations. The Commissioner shall not reinstate the adjuster’s license of or relicense any licensee or former licensee whose license has been suspended or revoked until any ...

Nevada Revised Statutes Section 684B.010

“Motor vehicle physical damage appraiser” defined. As used in this Code “motor vehicle physical damage appraiser” means any person, partnership, association or corporation who, for a separate fee, practices as ...

Nevada Revised Statutes Section 684B.020

License required; automatic qualification of certain appraisers; exemptions; administrative fine.

1. No person may act as a motor vehicle physical damage appraiser for motor vehicle physical damage claims on ...

Nevada Revised Statutes Section 684B.030

Bond.

1. Before the issuance of a motor vehicle physical damage appraiser’s license the applicant shall file with the Commissioner, and thereafter maintain in force while so licensed, a ...

Nevada Revised Statutes Section 684B.040

Application for license; penalty. [Effective until the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and ...

Nevada Revised Statutes Section 684B.040

Application for license; penalty. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and ...

Nevada Revised Statutes Section 684B.050

Examination not required. No examination of an applicant for a license as a motor vehicle physical damage appraiser shall be required by the Commissioner. ...

Nevada Revised Statutes Section 684B.060

Issuance of license; notice of refusal to issue license; refund of license fee.

1. If the Commissioner finds that the application is complete and the applicant is otherwise eligible ...

Nevada Revised Statutes Section 684B.070

Form and contents of license. The Commissioner shall prescribe the form of the motor vehicle physical damage appraiser license, which must state:

1. The licensee’s name and business address;

Nevada Revised Statutes Section 684B.080

Expiration and renewal of license. [Effective until the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational ...

Nevada Revised Statutes Section 684B.080

Expiration and renewal of license. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational ...

Nevada Revised Statutes Section 684B.083

Payment of child support: Statement of applicant for license; grounds for denial of license; duty of Commissioner. [Expires by limitation on the date of the repeal of the federal law ...

Nevada Revised Statutes Section 684B.087

Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license. [Expires by limitation on the date of the repeal of the ...

Nevada Revised Statutes Section 684B.090

Place of business; display of license.

1. Every motor vehicle physical damage appraiser shall have and maintain in this state a place of business accessible to the public and ...

Nevada Revised Statutes Section 684B.100

Records.

1. Each motor vehicle physical damage appraiser shall keep at his business address shown on his license a record of all transactions under the license.

2. The ...

Nevada Revised Statutes Section 684B.110

Suspension, revocation or limitation of license: Grounds; surrender of license.

1. The Commissioner may suspend, revoke, limit or refuse to continue any motor vehicle physical damage appraiser’s license:

...

Nevada Revised Statutes Section 684B.120

Suspension, revocation or limitation of license: Applicable provisions. NRS 683A.451, 683A.461 and 683A.480 also apply to suspension, revocation, limitation or refusal to continue motor vehicle physical damage appraiser’s licenses, except ...

Nevada Revised Statutes Section 684B.130

Duration of suspension. Every order suspending any license shall specify the period during which the suspension shall be effective, which period shall in no event exceed 12 months. ...

Nevada Revised Statutes Section 684B.140

Commissioner may levy fine; payment; collection; deposit.

1. In addition to or in lieu of the suspension, revocation or refusal to renew any motor vehicle physical damage appraiser’s license ...

Nevada Revised Statutes Section 684B.150

Court may impose fine in lieu of Commissioner’s penalty.

1. Upon the hearing of an appeal from the Commissioner’s order suspending, revoking or refusing to continue any license issued ...

Nevada Revised Statutes Section 685A.010

Short title. This chapter constitutes and may be cited as the Surplus Lines Law. ...

Nevada Revised Statutes Section 685A.020

Exemptions. The Surplus Lines Law shall not apply to reinsurance, or to the following insurances when placed by general lines agents or general lines brokers or surplus lines brokers licensed ...

Nevada Revised Statutes Section 685A.030

Definitions. As used in this chapter:

1. Unless the context otherwise requires, “broker” means a surplus lines broker duly licensed as such under this chapter.

2. To “export” ...

Nevada Revised Statutes Section 685A.040

Conditions for export. If certain insurance coverages cannot be procured from authorized insurers, such coverages, designated in this chapter as “surplus lines,” may be procured from unauthorized insurers, subject to ...

Nevada Revised Statutes Section 685A.050

Broker’s affidavit.

1. At the time of effecting any surplus lines insurance the broker shall execute an affidavit, in the form prescribed or accepted by the Commissioner, setting forth ...

Nevada Revised Statutes Section 685A.060

Open lines for export.

1. The Commissioner may by order declare eligible for export generally and without compliance with subsections 2, 3 and 4 of NRS 685A.040 and NRS ...

Nevada Revised Statutes Section 685A.070

Eligible insurers.

1. A broker shall not knowingly place surplus lines insurance with an insurer which is unsound financially or ineligible pursuant to this section.

2. Except as ...

Nevada Revised Statutes Section 685A.075

Nonprofit organization of brokers: Formation; board of directors; records filed with Commissioner; examination by Commissioner.

1. A nonprofit organization of surplus lines brokers may be formed to:

(a) ...

Nevada Revised Statutes Section 685A.077

Immunity from civil liability given to Commissioner, Division and nonprofit organizations for certain acts; Commissioner authorized to classify certain communications as confidential; limitations.

1. The Commissioner, the Division and ...

Nevada Revised Statutes Section 685A.080

Evidence of insurance; changes; penalty.

1. Upon placing a surplus lines coverage, the broker shall promptly issue and deliver to the insured evidence of the insurance consisting either of ...

Nevada Revised Statutes Section 685A.090

Contracts for surplus lines coverage: Requirements. Each insurance contract procured and delivered as a surplus lines coverage pursuant to this chapter must have conspicuously stamped upon it:

This insurance ...

Nevada Revised Statutes Section 685A.100

Coverage from unauthorized insurer valid. Insurance contracts procured as surplus lines coverage from unauthorized insurers in accordance with this chapter shall be fully valid and enforceable as to all parties, ...

Nevada Revised Statutes Section 685A.110

Liability of insurer.

1. As to a surplus lines risk which has been assumed by an unauthorized insurer pursuant to the Surplus Lines Law, and if the premium thereon ...

Nevada Revised Statutes Section 685A.120

Licensing of brokers; expiration and renewal of license. [Effective until the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting ...

Nevada Revised Statutes Section 685A.120

Licensing of brokers; expiration and renewal of license. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting ...

Nevada Revised Statutes Section 685A.127

Payment of child support: Statement by applicant for license; grounds for denial of license; duty of Commissioner. [Expires by limitation on the date of the repeal of the federal law ...

Nevada Revised Statutes Section 685A.133

Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license. [Expires by limitation on the date of the repeal of the ...

Nevada Revised Statutes Section 685A.140

Suspension or revocation of broker’s license.

1. In addition to other grounds therefor, the Commissioner may suspend or revoke any surplus lines broker’s license:

(a) If the broker ...

Nevada Revised Statutes Section 685A.150

Broker may accept business from licensed agent or broker; compensation. A licensed surplus lines broker may accept surplus lines business from any agent or broker licensed in this state for ...

Nevada Revised Statutes Section 685A.155

Broker may charge fee for procuring coverage; maximum amount of fee. A broker may charge a fee for procuring surplus lines coverage. Except as otherwise provided by agreement between the ...

Nevada Revised Statutes Section 685A.160

Records of broker.

1. Each broker shall keep in his office a full and true record of each surplus lines coverage procured by him, including a copy of each ...

Nevada Revised Statutes Section 685A.170

Annual statement of broker.

1. Each broker shall on or before March 1 of each year file with the Commissioner a statement verified by the broker of all surplus ...

Nevada Revised Statutes Section 685A.175

Quarterly report and payment of tax by certain brokers. Within 45 days after the end of each calendar quarter, a broker who has written coverage which will require him to ...

Nevada Revised Statutes Section 685A.180

Tax on surplus lines.

1. On or before March 1 of each year, each broker shall pay to the Commissioner a tax on surplus lines coverages written by him ...

Nevada Revised Statutes Section 685A.190

Failure to file statement or pay tax; penalties; statute of limitations.

1. A broker who fails to make and file the annual statement required pursuant to NRS 685A.170 before ...

Nevada Revised Statutes Section 685A.200

Suit against surplus lines insurers; venue; process.

1. An unauthorized insurer effecting insurance under the provisions of the Surplus Lines Law shall be deemed to be transacting insurance in ...

Nevada Revised Statutes Section 685A.210

Regulations; penalty.

1. The Commissioner may adopt reasonable regulations, consistent with the provisions of this chapter, for any of the following purposes:

(a) Effectuation of the law;

...

Nevada Revised Statutes Section 685A.220

Other provisions applicable. In addition to those referred to in other provisions of this chapter, the following provisions of chapter 683A of NRS, to the extent applicable and not inconsistent ...

Nevada Revised Statutes Section 685B.010

Purpose of chapter. The purpose of this chapter is to subject certain persons and insurers to the jurisdiction of the Commissioner and the courts of this state in suits by ...

Nevada Revised Statutes Section 685B.020

Short title. NRS 685B.020 to 685B.080, inclusive, constitute and may be cited as the Unauthorized Insurers Act. ...

Nevada Revised Statutes Section 685B.030

Unlawful transaction of business; exceptions.

1. As used in this section unless otherwise indicated, “insurer” includes:

(a) All corporations, associations, partnerships and natural persons engaged as principals in ...

Nevada Revised Statutes Section 685B.035

Remedies available to Commissioner; statute of limitations for commencement of proceedings.

1. If the Commissioner has reason to believe that an insurer has committed or engaged in, is committing ...

Nevada Revised Statutes Section 685B.040

Injunctive relief.

1. Whenever the Commissioner believes, from evidence satisfactory to him, that any insurer is violating or is about to violate the provisions of NRS 685B.030, the Commissioner ...

Nevada Revised Statutes Section 685B.050

Service of process on unauthorized insurer.

1. Any act of transacting an insurance business as set forth in NRS 685B.030 by any unauthorized insurer is equivalent to and constitutes ...

Nevada Revised Statutes Section 685B.060

Bond for defense of action.

1. Before any unauthorized insurer files or causes to be filed any pleading in any court action, suit or proceeding or any notice, order, ...

Nevada Revised Statutes Section 685B.070

Enforcement of foreign decrees.

1. As used in this section:

(a) “Foreign decree” means any decree or order in equity of a court located in a reciprocal state, ...

Nevada Revised Statutes Section 685B.080

Penalty.

1. Any unauthorized insurer who transacts any unauthorized act of an insurance business as set forth in the Unauthorized Insurers Act may be fined not more than $10,000 ...

Nevada Revised Statutes Section 685B.090

Short title. This section and NRS 685B.100 and 685B.110 constitute and may be referred to as the Unauthorized Insurers False Advertising Process Act. ...

Nevada Revised Statutes Section 685B.100

Notice to supervisory officer of insurer’s domiciliary state or province. No unauthorized insurer through any estimate, illustration, circular, pamphlet, letter, announcement, statement or any other means or medium shall misrepresent ...

Nevada Revised Statutes Section 685B.110

Action by Commissioner.

1. If within 30 days following the giving of the notice provided for in NRS 685B.100 the insurer has not ceased such dissemination, and if the ...

Nevada Revised Statutes Section 685B.120

Person providing specified coverage; exception.

1. Any person who provides coverage in this State for the cost of:

(a) Medical care;

(b) Surgery;

(c) Chiropractic;

...

Nevada Revised Statutes Section 685B.130

Proof of regulation by Federal Government. A person may show that he is subject to regulation by an agency of the Federal Government by providing the Commissioner with the appropriate ...

Nevada Revised Statutes Section 685B.140

Submission to examination of Commissioner. Any person who is unable to show, upon request by the Commissioner, that he is subject to regulation by an agency of the Federal Government ...

Nevada Revised Statutes Section 685B.150

Information to be provided to agents, brokers and others. An administrator who advertises or administers coverage in this State which is:

1. Of a kind described in NRS 685B.120; ...

Nevada Revised Statutes Section 685B.160

Statement of charges; notice of hearing.

1. If the Commissioner has reason to believe that a person described in NRS 685B.140 is providing any type of coverage described in ...

Nevada Revised Statutes Section 685B.170

Order after hearing; administrative fines; modification of order.

1. After the Commissioner conducts a hearing pursuant to NRS 685B.160, he shall issue an order pursuant to NRS 679B.360. If ...

Nevada Revised Statutes Section 685B.180

Review of order; time order becomes final.

1. An order issued pursuant to NRS 685B.170 may be reviewed pursuant to NRS 679B.370.

2. Such an order becomes final:

Nevada Revised Statutes Section 685B.190

Administrative fine for violation. If a person violates an order issued pursuant to NRS 685B.170, the Commissioner may impose an administrative fine after giving notice and a hearing. Such a ...

Nevada Revised Statutes Section 686A.010

Purpose. The purpose of NRS 686A.010 to 686A.310, inclusive, is to regulate trade practices in the business of insurance in accordance with the intent of Congress as expressed in the ...

Nevada Revised Statutes Section 686A.015

Jurisdiction of Commissioner; Commissioner to establish program to investigate unfair and deceptive trade practices.

1. Notwithstanding any other provision of law, the Commissioner has exclusive jurisdiction in regulating the ...

Nevada Revised Statutes Section 686A.020

Unfair methods and deceptive acts prohibited. A person shall not engage in this state in any practice which is defined in NRS 686A.010 to 686A.310, inclusive, as, or determined pursuant ...

Nevada Revised Statutes Section 686A.025

Unfair acts and practices: Disclosure of nonpublic personal information in manner contrary to federal law.

1. Disclosure of nonpublic personal information in a manner contrary to the provisions of ...

Nevada Revised Statutes Section 686A.030

Misrepresentation and false advertising of policies prohibited. A person shall not make, issue, circulate or cause to be made, issued or circulated, any estimate, illustration, circular, statement, sales presentation or ...

Nevada Revised Statutes Section 686A.040

False information and advertising prohibited. No person shall make, publish, disseminate, circulate or place before the public, or cause, directly or indirectly, to be made, published, disseminated, circulated or placed ...

Nevada Revised Statutes Section 686A.050

“Twisting” prohibited. No person shall make or issue, or cause to be made or issued, any written or oral statement misrepresenting or making misleading comparison as to the terms, conditions, ...

Nevada Revised Statutes Section 686A.055

Prohibited use of fact that insurance is covered by Nevada Insurance Guaranty Association or Nevada Life and Health Insurance Guaranty Association. A person who is an insurer or an agent ...

Nevada Revised Statutes Section 686A.060

Replacement of life insurance. In addition to other powers of the Commissioner in respect thereto, the Commissioner may by regulation require persons who replace or offer or propose to replace ...

Nevada Revised Statutes Section 686A.070

Falsification of records or financial statements prohibited; penalty.

1. A person subject to regulation under this Code shall not knowingly make or cause to be made any false entry ...

Nevada Revised Statutes Section 686A.080

Defamatory statement concerning person engaged or proposing to engage in business of insurance prohibited. No person shall make, publish, disseminate or circulate, directly or indirectly, or aid, abet or encourage ...

Nevada Revised Statutes Section 686A.085

Bank prohibited from requiring customers to purchase insurance from parent, subsidiary or affiliate of bank. A bank shall not in any manner extend credit, lease or sell property of any ...

Nevada Revised Statutes Section 686A.090

Boycott, coercion or intimidation tending to result in unreasonable restraint of or monopoly in business of insurance prohibited. No person shall enter into any agreement to commit, or by any ...

Nevada Revised Statutes Section 686A.095

Cancellation or restriction of agent’s authority based solely on submission of claims prohibited.

1. An insurer shall not, without the written consent of the agent, cancel a written agreement ...

Nevada Revised Statutes Section 686A.100

Life insurance, annuities and health insurance: Unfair discrimination prohibited.

1. No person may make or permit any unfair discrimination between persons of the same class and equal expectation of ...

Nevada Revised Statutes Section 686A.110

Life insurance, annuities and health insurance: Rebates and other inducements prohibited. Except as otherwise expressly provided by law, no person shall knowingly:

1. Permit to be made or offer ...

Nevada Revised Statutes Section 686A.120

Life insurance, annuities and health insurance: Exceptions to provisions limiting discrimination, rebates and use of securities as inducements.

1. Nothing in NRS 686A.100 and 686A.110 shall be construed as ...

Nevada Revised Statutes Section 686A.130

Property, casualty, surety and title insurance: Unfair discrimination and rebates prohibited.

1. No property, casualty, surety or title insurer or underwritten title company or any employee or representative thereof, ...

Nevada Revised Statutes Section 686A.140

Violations concerning rebates and inducements: Penalties; effect.

1. Any person violating the provisions of NRS 686A.110 or 686A.130 is guilty of a misdemeanor.

2. No agent or broker ...

Nevada Revised Statutes Section 686A.150

Using security, advisory board contract or agreement offering or promising profit as inducement prohibited. Except as provided in subsection 2 of NRS 686A.120 (contemporaneous sales of life insurance and mutual ...

Nevada Revised Statutes Section 686A.160

Enforcement: Prohibited practices. If the Commissioner has cause to believe that any person has been engaged or is engaging, in this state, in any unfair method of competition or any ...

Nevada Revised Statutes Section 686A.170

Enforcement: Undefined practices.

1. If the Commissioner believes that any person engaged in the insurance business is in the conduct of such business engaging in this state in any ...

Nevada Revised Statutes Section 686A.180

Service of process upon unauthorized insurers.

1. Service of all process, statements of charges and notices under NRS 686A.010 to 686A.310, inclusive, upon unauthorized insurers shall be made by ...

Nevada Revised Statutes Section 686A.183

Cease and desist orders and penalties for prohibited practices; modification and setting aside of Commissioner’s orders.

1. After the hearing provided for in NRS 686A.160, the Commissioner shall issue ...

Nevada Revised Statutes Section 686A.185

Review and finality of Commissioner’s orders.

1. An order issued by the Commissioner under NRS 686A.183 is subject to review pursuant to the provisions of NRS 679B.370.

2. ...

Nevada Revised Statutes Section 686A.187

Penalties for violating cease and desist order. Any person who violates a cease and desist order of the Commissioner issued under NRS 686A.183, except one issued with respect to NRS ...

Nevada Revised Statutes Section 686A.190

Interlocking ownership or management.

1. Any insurer may retain, invest in or acquire the whole or any part of the capital stock of any other insurer or insurers, or ...

Nevada Revised Statutes Section 686A.200

Favored agent or insurer.

1. Except as otherwise provided in NRS 616B.710, no person shall require, directly or indirectly, or through any trustee, director, officer, agent or employee or ...

Nevada Revised Statutes Section 686A.210

Service and processing charges prohibited. No mortgagee, lessor, vendor or other person whose interest is insured under an insurance policy paid for by another shall make, receive or accept any ...

Nevada Revised Statutes Section 686A.220

Favored agent or surety for bonds under public building or construction contract.

1. Except as otherwise provided in NRS 616B.710, no officer or employee of this state, or of ...

Nevada Revised Statutes Section 686A.225

Certain insurers to retain adjuster who resides in this state.

1. Except as otherwise provided in NRS 684A.060, any insurer who:

(a) Transacts property, casualty or surety insurance ...

Nevada Revised Statutes Section 686A.230

Illegal dealing in premiums; excess charges for insurance; regulations related to fees of broker, consultant or financial planner; written contract for consultation.

1. A person shall not willfully collect ...

Nevada Revised Statutes Section 686A.240

Favoritism to groups prohibited; exceptions.

1. No form or plan of insurance covering any group or combination of persons or risks shall be written or delivered within or outside ...

Nevada Revised Statutes Section 686A.250

Use of insurance or annuity as inducement for purchase or rental of property or services prohibited; exceptions.

1. No person shall arrange, provide or participate in any plan to ...

Nevada Revised Statutes Section 686A.260

Revocation or suspension of license for violation of laws of other state. The Commissioner may revoke or suspend the license of any person domiciled or resident in Nevada and licensed ...

Nevada Revised Statutes Section 686A.270

Knowledge of insurer of prohibited acts. No insurer shall be held guilty of having committed any of the acts prohibited by NRS 686A.010 to 686A.310, inclusive, by reason of the ...

Nevada Revised Statutes Section 686A.280

Use of name deceptively implying person is insurer prohibited. No person who is not an insurer shall assume or use any name which deceptively implies or suggests that it is ...

Nevada Revised Statutes Section 686A.281

Definitions. As used in NRS 686A.281 to 686A.295, inclusive, unless the context otherwise requires, the words and terms defined in NRS 686A.2815, 686A.282 and 686A.2825 have the meanings ascribed to ...

Nevada Revised Statutes Section 686A.2815

“Insurance fraud” defined. “Insurance fraud” means knowingly and willfully:

1. Presenting or causing to be presented any statement to an insurer, a reinsurer, a producer, a broker or any ...

Nevada Revised Statutes Section 686A.282

“Investigative or law enforcement agency” defined. “Investigative or law enforcement agency” includes:

1. The State Fire Marshal;

2. The chief or other officer of the fire department in ...

Nevada Revised Statutes Section 686A.2825

“Practitioner” defined. “Practitioner” means:

1. A physician, dentist, nurse, dispensing optician, optometrist, physical therapist, podiatric physician, psychologist, chiropractor, doctor of Oriental medicine in any form, director or technician of ...

Nevada Revised Statutes Section 686A.283

Reporting requirements; duties of Commissioner and Attorney General; prosecution by district attorney.

1. Any person, governmental entity, insurer or authorized representative of an insurer shall report any information concerning ...

Nevada Revised Statutes Section 686A.285

Report by insurer of suspicion that loss to insured was caused by other than accidental or natural occurrence.

1. If an insurer has a reasonable suspicion that a loss ...

Nevada Revised Statutes Section 686A.287

Provision by insurer of information concerning fraud upon request by Attorney General, Commissioner or certain agencies.

1. Every insurer shall provide information concerning insurance fraud to the Attorney General, ...

Nevada Revised Statutes Section 686A.289

Provision to insurer of information concerning fraud upon completion of investigation or prosecution; confidentiality of information.

1. Any insurer giving information to the Attorney General, the Commissioner or any ...

Nevada Revised Statutes Section 686A.290

Applications for insurance: Prohibited acts and penalties.

1. An agent, broker, solicitor, examining physician, applicant or other person shall not knowingly or willfully make any false or fraudulent statement ...

Nevada Revised Statutes Section 686A.291

Criminal penalty for insurance fraud. A person who commits insurance fraud is guilty of a category D felony and shall be punished as provided in NRS 193.130. ...

Nevada Revised Statutes Section 686A.292

Additional penalties for insurance fraud; payment of expenses of Fraud Control Unit; persons who are victims for purposes of restitution.

1. A court may, in addition to imposing the ...

Nevada Revised Statutes Section 686A.295

Commissioner and Attorney General to notify agency when person licensed by or registered with agency is convicted of insurance fraud; agency to submit report to Legislature setting forth action taken. ...

Nevada Revised Statutes Section 686A.300

Delay in payment of claim for damages to motor vehicle after receipt of statement of charges prohibited; settling claim without providing for repair of vehicle permitted; exception.

1. An ...

Nevada Revised Statutes Section 686A.310

Unfair practices in settling claims; liability of insurer for damages.

1. Engaging in any of the following activities is considered to be an unfair practice:

(a) Misrepresenting to ...

Nevada Revised Statutes Section 686A.315

Notice required with certain billing and claim forms submitted to insurers.

1. If a hospital submits to an insurer the form commonly referred to as the “UB-82,” the form ...

Nevada Revised Statutes Section 686A.330

Definitions. As used in NRS 686A.330 to 686A.520, inclusive, unless the context otherwise requires:

1. “Agreement” means a contract between a person and an insured or prospective insured under ...

Nevada Revised Statutes Section 686A.335

Applicability of chapter 696B of NRS.

1. A company is subject to the provisions of chapter 696B of NRS.

2. For the purposes of chapter 696B of NRS, ...

Nevada Revised Statutes Section 686A.340

Engaging in business of company without license prohibited. Except as provided in NRS 686A.350, a person shall not engage in the business of a company or hold himself out as ...

Nevada Revised Statutes Section 686A.350

Exemptions from requirement of licensing.

1. A license to engage in the business of a company is not required of any:

(a) State or federally chartered building association ...

Nevada Revised Statutes Section 686A.360

Application for license.

1. An application for a license to engage in the business of a company must be filed with the Commissioner on a form prescribed by him ...

Nevada Revised Statutes Section 686A.370

True name and fictitious name of licensee; grounds for disapproval of name.

1. An unincorporated licensee or unincorporated applicant for a license who desires the issuance of a license ...

Nevada Revised Statutes Section 686A.380

Renewal of license.

1. A company must renew its license on or before March 1 of each year. An application for renewal must be submitted on a form prescribed ...

Nevada Revised Statutes Section 686A.385

Schedule of rates and charges to be filed with Commissioner.

1. A company shall, immediately after it has been issued a license, file with the Commissioner a schedule of ...

Nevada Revised Statutes Section 686A.390

Approval of forms.

1. Before using a form for an agreement or notice required by this chapter, a company must submit the proposed form to the Commissioner for approval. ...

Nevada Revised Statutes Section 686A.400

Records: Maintenance; form of preservation; open to Commissioner.

1. A company shall maintain records of each transaction for 3 years after making the final entry with respect to the ...

Nevada Revised Statutes Section 686A.410

Examination of company by Commissioner. The Commissioner may conduct an examination of a company at any time in accordance with NRS 679B.250 to 679B.287, inclusive. The expense of the examination ...

Nevada Revised Statutes Section 686A.420

Contents of agreement.

1. An agreement executed in this state must be dated and signed by the insured. The printed portion of the agreement must be in not less ...

Nevada Revised Statutes Section 686A.430

Furnishing of completed copy of agreement to insured. The agent, broker or other person preparing an agreement shall furnish a completed copy of the agreement to the insured immediately after ...

Nevada Revised Statutes Section 686A.440

Interest; prepayment.

1. A company shall not charge or collect a charge for interest which is not permitted by this section.

2. Interest must be computed on the ...

Nevada Revised Statutes Section 686A.450

Permissible charges: Late payment; returned check; collection costs or attorney’s fees.

1. A company shall not impose or collect a fee or charge which is not authorized by this ...

Nevada Revised Statutes Section 686A.460

Cancellation of insurance policy by company.

1. When an agreement contains a power of attorney enabling the company, in the name of the insured, to cancel any insurance policy ...

Nevada Revised Statutes Section 686A.470

Return of unearned premium.

1. When an insurance policy is cancelled pursuant to NRS 686A.460, the insurer shall return the unearned premium to the company for credit to the ...

Nevada Revised Statutes Section 686A.480

Prohibited payments: Membership in motor club; policy of insurance covering death or dismemberment. An agreement must not include any payment for:

1. Membership in a motor club, as that ...

Nevada Revised Statutes Section 686A.490

No recourse against agent; limitation on inducements; prohibited acts by company, agent or broker.

1. No agreement may contain a provision allowing a company recourse against the agent who ...

Nevada Revised Statutes Section 686A.500

Disclosure of financial interest required; agent or broker who submits or performs services in connection with agreement prohibited from receiving compensation.

1. Any licensed resident or nonresident agent or ...

Nevada Revised Statutes Section 686A.510

Penalties.

1. A person who violates the provisions of NRS 686A.340 shall be punished by a fine of not more than $200 per day or $500 per agreement per ...

Nevada Revised Statutes Section 686A.520

Applicability of other provisions.

1. The provisions of NRS 683A.341, 683A.451, 683A.461, 683A.480 and 686A.010 to 686A.310, inclusive, apply to companies.

2. For the purposes of subsection 1, ...

Nevada Revised Statutes Section 686A.600

Definitions. As used in NRS 686A.600 to 686A.730, inclusive, unless the context otherwise requires, the words and terms defined in NRS 686A.610 to 686A.660, inclusive, have the meanings ascribed to ...

Nevada Revised Statutes Section 686A.610

“Adverse action” defined. “Adverse action” means a denial or cancellation of, an increase in any charge for, or a reduction or other adverse or unfavorable change in the terms of ...

Nevada Revised Statutes Section 686A.620

“Affiliate” defined. “Affiliate” means any company that controls, is controlled by or is under common control with another company. ...

Nevada Revised Statutes Section 686A.630

“Consumer credit report” defined. “Consumer credit report” means any written, oral or other communication of information by a consumer reporting agency bearing on the credit worthiness, credit standing or credit ...

Nevada Revised Statutes Section 686A.640

“Consumer reporting agency” defined. “Consumer reporting agency” means any person which, for monetary fees, dues or on a cooperative nonprofit basis, regularly engages in whole or in part in the ...

Nevada Revised Statutes Section 686A.650

“Credit information” defined. “Credit information” means any information that is related to credit and derived from a consumer credit report, found on a consumer credit report or provided on an ...

Nevada Revised Statutes Section 686A.660

“Insurance score” defined. “Insurance score” means a number or rating that is derived from an algorithm, computer application, model or other process that is based in whole or in part ...

Nevada Revised Statutes Section 686A.670

Applicability. The provisions of NRS 686A.600 to 686A.730, inclusive, do not apply to a contract of surety insurance issued pursuant to chapter 691B of NRS or any commercial or business ...

Nevada Revised Statutes Section 686A.680

Consumer credit reports: Uses; limitations. An insurer that uses information from a consumer credit report shall not:

1. Use an insurance score that is calculated using income, gender, address, ...

Nevada Revised Statutes Section 686A.690

Reunderwriting or rerating of insured; refund of premium. If it is determined pursuant to the dispute resolution process set forth in section 611(a) of the federal Fair Credit Reporting Act, ...

Nevada Revised Statutes Section 686A.700

Disclosure of use of credit information.

1. If an insurer uses credit information in underwriting or rating an applicant, the insurer or its agent shall disclose, either on the ...

Nevada Revised Statutes Section 686A.710

Notice requirements after taking adverse action. If an insurer takes an adverse action based upon credit information, the insurer shall:

1. Provide notice to the applicant or policyholder that ...

Nevada Revised Statutes Section 686A.720

Indemnification of agent by insurer.

1. An insurer shall indemnify, defend and hold harmless an agent of the insurer from and against all liability, fees and costs arising out ...

Nevada Revised Statutes Section 686A.730

Consumer reporting agencies: Prohibitions; exemptions.

1. A consumer reporting agency shall not provide or sell data or lists that include any information that in whole or in part was ...

Nevada Revised Statutes Section 686B.010

Construction and purposes.

1. The Legislature intends that NRS 686B.010 to 686B.1799, inclusive, be liberally construed to achieve the purposes stated in subsection 2, which constitute an aid and ...

Nevada Revised Statutes Section 686B.020

Definitions. As used in NRS 686B.010 to 686B.1799, inclusive, unless the context otherwise requires:

1. “Advisory organization,” except as limited by NRS 686B.1752, means any person or organization which ...

Nevada Revised Statutes Section 686B.030

Applicability.

1. Except as otherwise provided in subsection 2, NRS 686B.010 to 686B.1799, inclusive, apply to all kinds and lines of direct insurance written on risks or operations in ...

Nevada Revised Statutes Section 686B.040

Exemptions.

1. Except as otherwise provided in subsection 2, the Commissioner may by rule exempt any person or class of persons or any market segment from any or all ...

Nevada Revised Statutes Section 686B.050

Standards.

1. Rates must not be excessive, inadequate or unfairly discriminatory, nor may an insurer charge any rate which if continued will have or tend to have the effect ...

Nevada Revised Statutes Section 686B.060

Determination of whether rates comply with standards. In determining whether rates comply with the standards under NRS 686B.050, the following criteria shall be applied:

1. Due consideration shall be ...

Nevada Revised Statutes Section 686B.070

Filing of rates and supplementary information with Commissioner.

1. Every authorized insurer and every rate service organization licensed under NRS 686B.140 which has been designated by any insurer for ...

Nevada Revised Statutes Section 686B.080

Rates and supplementary information open to public inspection; copies. Each filing and any supporting information filed under NRS 686B.010 to 686B.1799, inclusive, must, as soon as filed, be open to ...

Nevada Revised Statutes Section 686B.090

Use of rates and supplementary information prepared by rate service organization.

1. An insurer shall establish rates and supplementary rate information for any market segment based on the factors ...

Nevada Revised Statutes Section 686B.100

Filing of supporting data.

1. By rule, the Commissioner may require the filing of supporting data as to any or all kinds or lines of insurance or subdivisions thereof ...

Nevada Revised Statutes Section 686B.110

Disapproval of rates.

1. The Commissioner shall consider each proposed increase or decrease in the rate of any kind or line of insurance or subdivision thereof filed with him ...

Nevada Revised Statutes Section 686B.115

Hearing on rates open to public; cost for transcripts; public testimony.

1. Any hearing held by the Commissioner to determine whether rates comply with the provisions of NRS 686B.010 ...

Nevada Revised Statutes Section 686B.117

Intervention in hearing on rates. If a filing made with the Commissioner pursuant to paragraph (a) of subsection 1 of NRS 686B.070 pertains to insurance covering the liability of a ...

Nevada Revised Statutes Section 686B.119

Notice of material change in premiums based upon change in zip code of policyholder. Each insurer shall notify its policyholders, in a manner which the Commissioner shall prescribe by regulation, ...

Nevada Revised Statutes Section 686B.125

Limitation on rates for coverage for dental care. No insurer, organization or person licensed pursuant to this title may sell or offer to sell any contract providing coverage for dental ...

Nevada Revised Statutes Section 686B.130

Limitation on services relating to rates of insurance; services of rate service organization and advisory organization to be offered to any insurer.

1. A rate service organization and an ...

Nevada Revised Statutes Section 686B.140

Licensing of rate service organization and advisory organization: Application; issuance, expiration and renewal of license. [Effective until the date of repeal of the federal law requiring each state to establish ...

Nevada Revised Statutes Section 686B.140

Licensing of rate service organization and advisory organization: Application; issuance, expiration and renewal of license. [Effective on the date of the repeal of the federal law requiring each state to ...

Nevada Revised Statutes Section 686B.143

Payment of child support: Statement by applicant for license; grounds for denial of license; duty of Commissioner. [Expires by limitation on the date of the repeal of the federal law ...

Nevada Revised Statutes Section 686B.147

Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license. [Expires by limitation on the date of the repeal of the ...

Nevada Revised Statutes Section 686B.150

Binding agreements by insurers. No insurer shall assume any obligation to any person other than a policyholder or other companies under common control to use or adhere to certain rates ...

Nevada Revised Statutes Section 686B.160

Recording and reporting of experience.

1. The Commissioner may promulgate or approve reasonable rules providing statistical plans for use thereafter by all insurers in the recording and reporting of ...

Nevada Revised Statutes Section 686B.170

Examination of service organizations.

1. Whenever he deems it necessary in order to inform himself about any matter related to the enforcement of the insurance laws, the Commissioner may ...

Nevada Revised Statutes Section 686B.175

State contribution for federally reinsured losses.

1. The Commissioner is authorized to assess each insurance company authorized to do business in this state an aggregate amount sufficient to provide ...

Nevada Revised Statutes Section 686B.1751

Definitions. As used in NRS 686B.1751 to 686B.1799, inclusive, unless the context otherwise requires, the words and terms defined in NRS 686B.1752 to 686B.1762, inclusive, have the meanings ascribed to ...

Nevada Revised Statutes Section 686B.1752

“Advisory organization” defined. “Advisory Organization,” when preceded by the definite article, means the organization designated by the Commissioner pursuant to NRS 686B.1764. ...

Nevada Revised Statutes Section 686B.1753

“Basic premium rate” defined. “Basic premium rate” means the portion of a rate attributable to the cost of losses per unit of exposure and includes the expense of adjusting those ...

Nevada Revised Statutes Section 686B.1754

“Classification of risks” defined. “Classification of risks” or “classification” means the system or arrangement used to recognize differences of exposure to hazards among employers with different occupations, industries or operations. ...

Nevada Revised Statutes Section 686B.1755

“Expenses” defined. “Expenses” means the portion of a rate attributable to the costs for the acquisition of employers to insure, supervision of employees and agents, collection of accounts, general expenses, ...

Nevada Revised Statutes Section 686B.1757

“Industrial insurance” defined. “Industrial insurance” means insurance which provides the compensation required by chapters 616A to 617, inclusive, of NRS and employer’s liability insurance provided in connection with that insurance. ...

Nevada Revised Statutes Section 686B.1759

“Insurer” defined. “Insurer” means any private carrier authorized to provide industrial insurance in this state. ...

Nevada Revised Statutes Section 686B.176

“Plan for rating experience” defined. “Plan for rating experience” means a procedure used to predict the future losses of an individual policyholder by measuring his past losses against the losses ...

Nevada Revised Statutes Section 686B.17605

“Prospective loss cost” defined. “Prospective loss cost” means the portion of a rate that is based on historical aggregate losses and loss adjustment expenses which are adjusted to their ultimate ...

Nevada Revised Statutes Section 686B.1761

“Rate” defined. “Rate” means the cost of insurance based on a unit of exposure to liability before any adjustments are made for an individual employer’s losses, or expenses, or a ...

Nevada Revised Statutes Section 686B.1762

“Willful” defined. “Willful” or “willfully” in relation to an act or omission which constitutes a violation of this chapter means with actual knowledge or belief that the act or omission ...

Nevada Revised Statutes Section 686B.1763

Applicability of provisions; Commissioner to administer provisions.

1. NRS 686B.1751 to 686B.1799, inclusive, apply to insurers providing industrial insurance and to the Advisory Organization designated by the Commissioner. The ...

Nevada Revised Statutes Section 686B.1764

Designation; duties. The Commissioner shall designate one licensed advisory organization to act as his statistical agent and to assist him in compiling relevant statistical information. The designation must be made ...

Nevada Revised Statutes Section 686B.17645

Duty to file with Commissioner formula to assess insurers for certain costs; approval of formula.

1. The Advisory Organization shall, at least 60 days before imposing an assessment pursuant ...

Nevada Revised Statutes Section 686B.1765

Powers. The Advisory Organization may:

1. Develop statistical plans including definitions for the classification of risks.

2. Collect statistical data from its members and subscribers or any other ...

Nevada Revised Statutes Section 686B.1767

Prohibited acts. An advisory organization shall not:

1. Compile or distribute recommendations concerning rates which include expenses, other than expenses to adjust losses or profit; or

2. File ...

Nevada Revised Statutes Section 686B.1769

Uniform Plan for Rating Experience: Requirements; use.

1. The Uniform Plan for Rating Experience must:

(a) Contain reasonable standards for eligibility in the Plan;

(b) Provide adequate ...

Nevada Revised Statutes Section 686B.177

Rating information to be filed with Commissioner; approval of rates; Commissioner to report certain changes to Director of Legislative Counsel Bureau; maximum permissible variance from approved rate.

1. The ...

Nevada Revised Statutes Section 686B.1771

Plan for apportionment among insurers of persons entitled to insurance who have not been accepted by an insurer.

1. No insurer is required to issue to any particular employer ...

Nevada Revised Statutes Section 686B.1772

Insurers to adhere to Uniform System of Classifications of Risks and Uniform Plan for Rating Experience; subclassifications for Uniform System of Classification.

1. Every insurer shall adhere to the ...

Nevada Revised Statutes Section 686B.1773

Insurers to record and report certain information and adhere to manual of rules and Uniform Plan for Rating Experience.

1. Every insurer shall:

(a) Record and report its ...

Nevada Revised Statutes Section 686B.1774

Commissioner to determine whether interaction among insurers and employers is competitive.

1. The Commissioner shall determine whether the interaction among insurers and employers for the buying and selling of ...

Nevada Revised Statutes Section 686B.1775

Filing of rates and supplementary rate information by insurer with Commissioner; findings of Commissioner.

1. Each insurer shall file with the Commissioner all the rates, supplementary rate information, supporting ...

Nevada Revised Statutes Section 686B.1777

When Commissioner may require supporting information regarding rates; when hearing is required for disapproval of rates.

1. If the Commissioner finds that:

(a) The interaction among insurers is ...

Nevada Revised Statutes Section 686B.1779

Grounds for disapproval of rates.

1. The Commissioner may disapprove a rate filed by an insurer at any time.

2. The Commissioner shall disapprove a rate if:

...

Nevada Revised Statutes Section 686B.178

Commissioner to issue written order stating reasons for disapproval and date by which insurer must discontinue use of rate. If the Commissioner disapproves a rate, he shall issue a written ...

Nevada Revised Statutes Section 686B.1781

Payment of dividends: Prohibition against discrimination; submission of plan for payments related to industrial insurance.

1. An insurer shall not unfairly discriminate among its policyholders in paying a dividend, ...

Nevada Revised Statutes Section 686B.1782

Agreements to lessen competition among insurers prohibited; insurers prohibited from agreeing to rates established in manner that conflicts with provisions.

1. No insurer or advisory organization may make any ...

Nevada Revised Statutes Section 686B.1783

Maintenance of records; examination of records by Commissioner. Every insurer, advisory organization and plan for apportioned risks shall maintain records of the kind reasonably adapted to its method of operation ...

Nevada Revised Statutes Section 686B.1784

Examination by Commissioner; cost of examination.

1. The Commissioner may examine any insurer, advisory organization or plan for apportioned risks whenever he determines that such an examination is necessary.

Nevada Revised Statutes Section 686B.1785

Request for reconsideration of rates; appeal. Any person aggrieved by any decision, action or omission of the Advisory Organization or an insurer regarding rates or other information filed with the ...

Nevada Revised Statutes Section 686B.1787

Insurer or advisory organization may request hearing before Commissioner. Any insurer or advisory organization, to which is directed any order made or action taken by the Commissioner without a hearing, ...

Nevada Revised Statutes Section 686B.1789

Provisions governing hearing. A hearing required by any of the provisions of NRS 686B.1751 to 686B.1799, inclusive, is governed by NRS 679B.310 to 679B.370, inclusive, except that any limits of ...

Nevada Revised Statutes Section 686B.179

Revocation or suspension of license. The Commissioner may, after notice and hearing, revoke or suspend the license of an advisory organization for failure to comply with the provisions of this ...

Nevada Revised Statutes Section 686B.1793

Penalties.

1. An insurer or other person who violates any provision of NRS 686B.1751 to 686B.1799, inclusive, shall, upon the order of the Commissioner, pay an administrative fine not ...

Nevada Revised Statutes Section 686B.1797

Insurer prohibited from withholding or giving false or misleading information to Commissioner or Advisory Organization. An insurer or other person shall not willfully withhold information from, or knowingly give false ...

Nevada Revised Statutes Section 686B.1799

Limitation on liability of insurer or rating organization acting within scope of employment. No insurer or rating organization or member thereof in its capacity as a member or officer or ...

Nevada Revised Statutes Section 686B.180

Unavailability of essential coverage; plans for providing coverage.

1. If the Commissioner finds after a hearing that in any part of this state any essential insurance coverage is not ...

Nevada Revised Statutes Section 686B.185

Immunity of Commissioner and association. There is no liability on the part of, and no cause of action of any nature arises against, the Commissioner or his representatives or any ...

Nevada Revised Statutes Section 686B.200

Voluntary plan for sharing risks. Insurers doing business within this state are authorized to prepare voluntary plans providing any specified kind, line or class of insurance coverage or subdivision or ...

Nevada Revised Statutes Section 686B.210

Nevada Essential Insurance Association: Establishment; membership; plan of operation.

1. If after a hearing the Commissioner determines that a voluntary or mandatory plan would, in his judgment, fail for ...

Nevada Revised Statutes Section 686B.220

Nevada Essential Insurance Association: Board of Directors; reimbursement of members of Board; approval or adoption of plan by Commissioner.

1. The administrative powers of the Nevada Essential Insurance Association ...

Nevada Revised Statutes Section 686B.230

Nevada Essential Insurance Association: General powers.

1. The Nevada Essential Insurance Association has, for purposes of this section and to the extent approved by the Commissioner, the general powers ...

Nevada Revised Statutes Section 686B.240

Nevada Essential Insurance Association: Powers of Commissioner and Association. The Commissioner and the Nevada Essential Insurance Association may:

1. Give consideration to the need for adequate and readily accessible ...

Nevada Revised Statutes Section 686B.250

Nevada Essential Insurance Association: Immunity from liability. There is no liability on the part of, and no cause of action of any nature arises against, the Nevada Essential Insurance Association ...

Nevada Revised Statutes Section 686B.260

Conversion into domestic stock insurer: “Insured” defined. As used in NRS 686B.270 to 686B.320, inclusive, unless the context otherwise requires, “insured” means any person who has maintained at least 1 ...

Nevada Revised Statutes Section 686B.270

Conversion into domestic stock insurer: Applicability of certain provisions governing nonprofit cooperative corporations. The provisions of NRS 81.130 and 81.510 do not apply to the conversion of an essential insurance ...

Nevada Revised Statutes Section 686B.280

Conversion into domestic stock insurer: Filing and contents of notice of intent to qualify.

1. An essential insurance association shall, whenever requested to do so by the Commissioner, file ...

Nevada Revised Statutes Section 686B.290

Conversion into domestic stock insurer: Notice to insurers and insureds; hearing.

1. At the time the association files a notice of intent to qualify as a domestic stock insurer, ...

Nevada Revised Statutes Section 686B.300

Conversion into domestic stock insurer: Determination of percentage of stock for each insured. The association shall determine the percentage of stock to which each insured is entitled as follows:

...

Nevada Revised Statutes Section 686B.310

Conversion into domestic stock insurer: Capitalization. An association must comply with the provisions of NRS 680A.120 to qualify as a domestic stock insurer. Any paid-in capital in excess of the ...

Nevada Revised Statutes Section 686B.320

Conversion into domestic stock insurer: Issuance of certificate of authority. Upon determining that the Association has complied with NRS 686B.280 to 686B.310, inclusive, and all other requirements applicable to domestic ...

Nevada Revised Statutes Section 686B.330

Conversion into domestic mutual insurer or domestic reciprocal insurer: “Insured” defined. As used in NRS 686B.330 to 686B.370, inclusive, unless the context otherwise requires, “insured” has the meaning ascribed to ...

Nevada Revised Statutes Section 686B.340

Conversion into domestic mutual insurer or domestic reciprocal insurer: Exemption from applicability of NRS 81.130 and 81.510. The provisions of NRS 81.130 and 81.510 do not apply to ...

Nevada Revised Statutes Section 686B.350

Conversion into domestic mutual insurer or domestic reciprocal insurer: Filing and contents of notice of intent to qualify.

1. An essential insurance association shall, if requested to do so ...

Nevada Revised Statutes Section 686B.360

Conversion into domestic mutual insurer or domestic reciprocal insurer: Notice to insurers and insured; hearing.

1. At the time the association files a notice of intent to qualify as ...

Nevada Revised Statutes Section 686B.370

Conversion into domestic mutual insurer or domestic reciprocal insurer: Issuance of certificate of authority. Upon determining that an association has complied with NRS 686B.330 to 686B.370, inclusive, and all other ...

Nevada Revised Statutes Section 686C.010

Short title. This chapter may be cited as the Nevada Life and Health Insurance Guaranty Association Act. ...

Nevada Revised Statutes Section 686C.020

Purpose of chapter. The purpose of this chapter is to protect, within certain limits, the persons specified in subsections 1 and 2 of NRS 686C.030 against failure in the performance ...

Nevada Revised Statutes Section 686C.030

Scope of chapter: Coverage provided.

1. This chapter provides coverage for the policies or contracts described in subsection 4 to persons who are:

(a) Owners of or certificate ...

Nevada Revised Statutes Section 686C.035

Scope of chapter: Coverage not provided.

1. This chapter does not provide coverage for:

(a) A portion of a policy or contract not guaranteed by the insurer, or ...

Nevada Revised Statutes Section 686C.040

Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 686C.045 to 686C.125, inclusive, have the meanings ascribed to them in those ...

Nevada Revised Statutes Section 686C.045

“Account” defined. “Account” means one of the accounts maintained pursuant to NRS 686C.130. ...

Nevada Revised Statutes Section 686C.048

“Annuity” defined. “Annuity” includes an agreement for allocated funding, a structured settlement annuity and an immediate or deferred annuity. ...

Nevada Revised Statutes Section 686C.050

“Association” defined. “Association” means the Nevada Life and Health Insurance Guaranty Association. ...

Nevada Revised Statutes Section 686C.055

“Authorized assessment” defined. “Authorized assessment” or “authorized” as used in the context of assessments means or describes an assessment authorized by a resolution of the Board of Directors of the ...

Nevada Revised Statutes Section 686C.061

“Benefit plan” defined. “Benefit plan” means a benefit plan for a specific employee, union or association of natural persons. ...

Nevada Revised Statutes Section 686C.065

“Called assessment” defined. “Called assessment” or “called” as used in the context of assessments means or describes an authorized assessment required by a notice mailed by the Association to member ...

Nevada Revised Statutes Section 686C.070

“Contractual obligation” defined. “Contractual obligation” means any obligation under a policy or contract or a certificate under a group policy or contract, or portion thereof, for which coverage is provided ...

Nevada Revised Statutes Section 686C.080

“Covered policy” defined. “Covered policy” means any policy or contract included within the scope of this chapter, as expressed in NRS 686C.030 and 686C.035. ...

Nevada Revised Statutes Section 686C.084

“Extra-contractual claim” defined. “Extra-contractual claim” includes a claim relating to bad faith in the payment of claims and a claim for punitive or exemplary damages or for costs and attorney’s ...

Nevada Revised Statutes Section 686C.090

“Impaired insurer” defined. “Impaired insurer” means an insurer which is not an insolvent insurer and is placed under an order of rehabilitation or conservation by a court of competent jurisdiction. ...

Nevada Revised Statutes Section 686C.095

“Insolvent insurer” defined. “Insolvent insurer” means an insurer which is ordered to liquidate by a court of competent jurisdiction after a finding of insolvency. ...

Nevada Revised Statutes Section 686C.100

“Member insurer” defined. “Member insurer” means an insurer which is licensed or holds a certificate of authority to transact in this state any kind of insurance for which coverage is ...

Nevada Revised Statutes Section 686C.104

“Owner” defined. “Owner” of a policy or contract means the person who is identified as the legal owner under the terms of the policy or contract or who is otherwise ...

Nevada Revised Statutes Section 686C.108

“Person” defined. “Person” includes a government, governmental agency or political subdivision of a government. ...

Nevada Revised Statutes Section 686C.110

“Premiums” defined. “Premiums” means amounts received in any calendar year on covered policies or contracts less premiums, considerations and deposits returned thereon, and less dividends and credits for experience thereon. ...

Nevada Revised Statutes Section 686C.115

“Principal place of business” defined.

1. “Principal place of business” of an organization means the single state in which the natural persons who establish policy for the direction, control ...

Nevada Revised Statutes Section 686C.120

“Resident” defined. “Resident” means any person to whom a contractual obligation is owed and who resides in this state on the date of entry of a court order that determines ...

Nevada Revised Statutes Section 686C.123

“State” defined. “State” means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands or any territory or insular possession subject to the ...

Nevada Revised Statutes Section 686C.124

“Structured settlement annuity” defined. “Structured settlement annuity” means an annuity purchased to fund periodic payments to a plaintiff or other claimant in payment for or with respect to personal injury ...

Nevada Revised Statutes Section 686C.125

“Supplemental contract” defined. “Supplemental contract” means a written agreement for the distribution of proceeds from a life or health insurance policy or an annuity. ...

Nevada Revised Statutes Section 686C.128

Document describing general purposes and current limitations of chapter: Preparation; distribution and revision; disclaimer.

1. The Association shall prepare, and submit to the Commissioner for approval, a summary document ...

Nevada Revised Statutes Section 686C.130

Creation; membership; operation; accounts; supervision by Commissioner.

1. There is hereby created a nonprofit legal entity to be known as the Nevada Life and Health Insurance Guaranty Association. All ...

Nevada Revised Statutes Section 686C.140

Board of Directors.

1. The Board of Directors of the Association consists of not less than five nor more than nine members, serving terms as established in the plan ...

Nevada Revised Statutes Section 686C.150

Powers regarding impaired insurers. If a member insurer is an impaired insurer, the Association may, subject to any conditions it may impose which do not impair the contractual obligations of ...

Nevada Revised Statutes Section 686C.152

Duties regarding insolvent insurers. If a member insurer is an insolvent insurer, the Association shall:

1. Guarantee, assume or reinsure, or cause to be guaranteed, assumed or reinsured, the ...

Nevada Revised Statutes Section 686C.153

Provision of substitute benefits and coverage with respect to life and health insurance policies and annuities. When proceeding pursuant to paragraph (b) of subsection 2 of NRS 686C.152, the Association ...

Nevada Revised Statutes Section 686C.154

Alternative policies: Adoption; approval; contents; premium; coverage.

1. Alternative policies adopted by the Association are subject to the approval of the Commissioner and the court in the insolvent or ...

Nevada Revised Statutes Section 686C.155

Ensuring of payment or credit of guaranteed minimum interest rate. When proceeding pursuant to paragraph (b) of subsection 2 of NRS 686C.152 with respect to any policy or contract carrying ...

Nevada Revised Statutes Section 686C.156

Issuance of substitute coverage for policy or contract that uses external reference for calculating returns or changes in value. In carrying out its duties in connection with guaranteeing, assuming or ...

Nevada Revised Statutes Section 686C.158

Payment of premiums; liability for unearned premiums. Premiums due for coverage after entry of an order of liquidation of an insolvent insurer belong to and are payable at the direction ...

Nevada Revised Statutes Section 686C.160

Imposition of restraints on insurers. In carrying out its responsibilities under NRS 686C.152, the Association may, subject to approval by a court of this state:

1. Impose permanent liens ...

Nevada Revised Statutes Section 686C.170

Liability for guaranty provided by laws of another state or jurisdiction. The Association is not liable under NRS 686C.152 where a guaranty is provided to residents of this state by ...

Nevada Revised Statutes Section 686C.175

Receipt and disposition of deposit held pursuant to law or required by Commissioner for benefit of creditors. A deposit in this state, held pursuant to law or required by the ...

Nevada Revised Statutes Section 686C.180

Provision of assistance to Commissioner. The Association may render assistance and advice to the Commissioner upon his request, concerning rehabilitation, payment of claims, continuation of coverage or the performance of ...

Nevada Revised Statutes Section 686C.190

Legal standing. The Association has standing:

1. To appear or intervene before a court or agency in this state which has jurisdiction over an impaired or insolvent insurer concerning ...

Nevada Revised Statutes Section 686C.200

Subrogation.

1. A person receiving benefits under this chapter shall be deemed to have assigned his rights under, and any causes of action against any person for losses arising ...

Nevada Revised Statutes Section 686C.210

Limitations on obligations.

1. The benefits that the Association may become obligated to cover may not exceed the lesser of:

(a) The contractual obligations for which the insurer ...

Nevada Revised Statutes Section 686C.220

General powers. The Association may:

1. Enter into such contracts as are necessary or proper to carry out the provisions and purposes of this chapter.

2. Sue or ...

Nevada Revised Statutes Section 686C.221

Determination of means to provide benefits; limitation on entitlement to benefits.

1. The Board of Directors of the Association may exercise reasonable business judgment to determine the means by ...

Nevada Revised Statutes Section 686C.222

Requests for information from member insurers. The Association may request information from member insurers to aid in the exercise of its powers under this chapter, and each member shall promptly ...

Nevada Revised Statutes Section 686C.223

Election to succeed to rights and obligations of member insurer; transfer of obligations to another insurer.

1. As used in this section, “coverage date” means the date on which ...

Nevada Revised Statutes Section 686C.225

Termination of obligations: Replacement of coverage or policy. The Association’s obligations with respect to coverage under any policy of the impaired or insolvent insurer or under any reissued or alternative ...

Nevada Revised Statutes Section 686C.226

Termination of obligations: Failure to pay premiums. Failure to pay premiums within 31 days after the date required pursuant to the terms of any guaranteed, assumed, alternative or reissued policy ...

Nevada Revised Statutes Section 686C.230

Imposition; classes.

1. To provide the money necessary to carry out the powers and duties of the Association, the Board of Directors shall assess the member insurers, separately for ...

Nevada Revised Statutes Section 686C.240

Computation; necessity; notification.

1. The Board of Directors shall determine the amount of each assessment in Class A and may, but need not, prorate it. If an assessment is ...

Nevada Revised Statutes Section 686C.250

Abatement or deferment; maximum amount; effect of insufficiency; allocation of funds among claims.

1. The Association may abate or defer, in whole or in part, the assessment of a ...

Nevada Revised Statutes Section 686C.260

Refund to member insurers. The Board of Directors may, by an equitable method as established in the plan of operation, refund to member insurers, in proportion to the contribution of ...

Nevada Revised Statutes Section 686C.270

Rates and dividends may reflect assessments. It is proper for any member insurer, in determining its rates of premium and dividends to owners of policies as to any kind of ...

Nevada Revised Statutes Section 686C.280

Issuance, effect and use of certificate of contribution; offset against liability for premium tax.

1. The Association shall issue to each insurer paying an assessment under this chapter, other ...

Nevada Revised Statutes Section 686C.285

Protest by member insurer.

1. A member insurer that wishes to protest all or part of an assessment shall pay the full amount of the assessment when due, as ...

Nevada Revised Statutes Section 686C.290

Plan of operation.

1. The Association shall submit to the Commissioner a plan of operation and any amendments thereto necessary or suitable to ensure the fair, reasonable and equitable ...

Nevada Revised Statutes Section 686C.300

Powers and duties of Commissioner; appeals to Commissioner; notification of effect of chapter.

1. In addition to the duties and powers otherwise provided in this chapter, the Commissioner:

...

Nevada Revised Statutes Section 686C.303

Action by Commissioner upon default of Association. If the Association fails to act within a reasonable time with respect to an insolvent insurer, as provided in NRS 686C.150 to 686C.155, ...

Nevada Revised Statutes Section 686C.306

Notice of certain actions by Commissioner; reports by Commissioner of certain information to Board of Directors.

1. The Commissioner shall notify the commissioners of insurance of all the other ...

Nevada Revised Statutes Section 686C.310

Provision of information and advice relating to financial condition of insurers.

1. The Board of Directors may, upon majority vote, notify the Commissioner of any information indicating any member ...

Nevada Revised Statutes Section 686C.330

Impaired or insolvent insurers: Liability for unpaid assessments of insureds; maintenance and disclosure of records of Association; status of Association as creditor; distribution of ownership by court.

1. This ...

Nevada Revised Statutes Section 686C.333

Recovery of distributions made before petition for liquidation or rehabilitation of insurer.

1. If an order for liquidation or rehabilitation of an insurer domiciled in this state has been ...

Nevada Revised Statutes Section 686C.340

Impaired or insolvent insurers: Stay of proceedings; reopening of default judgments. All proceedings in which the impaired or insolvent insurer is a party in any court in this state must ...

Nevada Revised Statutes Section 686C.350

Examination of Association; annual financial report. The Association is subject to examination and regulation by the Commissioner. The Board of Directors shall submit to the Commissioner, not later than 120 ...

Nevada Revised Statutes Section 686C.360

Association tax exempt; exception. The Association is exempt from payment of all fees and all taxes levied by this state or any of its political subdivisions, except taxes on property. ...

Nevada Revised Statutes Section 686C.370

Immunity from liability. There is no liability on the part of and no cause of action of any nature arises against any member insurer or its agents or employees, the ...

Nevada Revised Statutes Section 686C.380

Actions arising under chapter: Venue; appeal bond. Venue in an action against the Association arising under this chapter lies in Washoe County. No appeal bond may be required of the ...

Nevada Revised Statutes Section 686C.390

Unlawful advertisement regarding existence of Association. It is unlawful for an insurer, agent or affiliate of an insurer, or other person to make, publish, circulate or place before the public, ...

Nevada Revised Statutes Section 687A.010

Short title. This chapter shall be known and may be cited as the Nevada Insurance Guaranty Association Act. ...

Nevada Revised Statutes Section 687A.020

Applicability. Except as otherwise provided in subsection 5 of NRS 695E.200, this chapter applies to all direct insurance, except:

1. Life, annuity, health or disability insurance;

2. Mortgage ...

Nevada Revised Statutes Section 687A.030

Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 687A.031 to 687A.039, inclusive, have the meanings ascribed to them in those ...

Nevada Revised Statutes Section 687A.031

“Association” defined. “Association” means the Nevada Insurance Guaranty Association created pursuant to NRS 687A.040. ...

Nevada Revised Statutes Section 687A.033

“Covered claim” defined.

1. “Covered claim” means an unpaid claim or judgment, including a claim for unearned premiums, which arises out of and is within the coverage of an ...

Nevada Revised Statutes Section 687A.035

“Insolvent insurer” defined. “Insolvent insurer” means an insurer which has been issued a certificate of authority by the Commissioner to transact insurance in this state, either at the time the ...

Nevada Revised Statutes Section 687A.037

“Member insurer” defined. “Member insurer” means any person, except a fraternal or nonprofit service corporation which:

1. Writes any kind of insurance to which this chapter applies, including the ...

Nevada Revised Statutes Section 687A.039

“Net direct written premiums” defined. “Net direct written premiums” means direct gross premiums written in this state on insurance policies to which this chapter applies, less return premiums and dividends ...

Nevada Revised Statutes Section 687A.040

Nevada Insurance Guaranty Association created. There is hereby created a nonprofit unincorporated legal entity to be known as the Nevada Insurance Guaranty Association. All member insurers must be members of ...

Nevada Revised Statutes Section 687A.050

Board of Directors.

1. The Board of Directors of the Association shall consist of not fewer than five nor more than nine persons. The members of the Board shall ...

Nevada Revised Statutes Section 687A.060

Obligations, rights, powers and duties of Association.

1. The Association:

(a) Is obligated to the extent of the covered claims existing before the determination of insolvency and arising ...

Nevada Revised Statutes Section 687A.070

Plan of operation.

1. The Association shall submit a plan of operation to the Commissioner, together with any amendments necessary or suitable to assure the fair, reasonable and equitable ...

Nevada Revised Statutes Section 687A.080

Powers and duties of Commissioner.

1. The Commissioner shall:

(a) Notify the Association of the existence of an insolvent insurer not later than 3 days after he receives ...

Nevada Revised Statutes Section 687A.090

Subrogation; exceptions.

1. Any person recovering under this chapter shall be deemed to have assigned his rights under the policy to the Association to the extent of his recovery ...

Nevada Revised Statutes Section 687A.095

Claim against person insured by insolvent insurer which is not covered claim. A claim asserted against a person insured by an insurer which has become insolvent which, if it were ...

Nevada Revised Statutes Section 687A.100

Exhaustion of remedies of insured.

1. Any person having a claim against his insurer, including, but not limited to, a claim for damages caused by an uninsured motorist, under ...

Nevada Revised Statutes Section 687A.103

Reimbursement of Association by insolvent insurer. If the Association pays any claims on behalf of an insurer which is an insolvent insurer within the meaning of subsection 2 of NRS ...

Nevada Revised Statutes Section 687A.107

Hearing to determine whether insurer insolvent.

1. The Commissioner may conduct a hearing to determine whether an insurer is an insolvent insurer within the meaning of subsection 2 of ...

Nevada Revised Statutes Section 687A.110

Detection and prevention of insolvency: Powers and duties of Board of Directors. To aid in the detection and prevention of insurer insolvencies:

1. The Board of Directors shall, upon ...

Nevada Revised Statutes Section 687A.115

Detection and prevention of insolvency: Powers of Commissioner. To aid in the detection and prevention of insurer insolvencies:

1. The Commissioner may:

(a) Notify the insurance commissioners of ...

Nevada Revised Statutes Section 687A.120

Examination of Association; annual financial report. The Association is subject to examination and regulation by the Commissioner. The Board of Directors shall submit, not later than March 30 of each ...

Nevada Revised Statutes Section 687A.130

Association tax exempt; exception. The Association is exempt from payment of all fees and all taxes levied by this state or any of its subdivisions, except taxes:

1. ...

Nevada Revised Statutes Section 687A.140

Rates and premiums to include recoupment of amount paid by Association. The rates and premiums charged for insurance policies to which this chapter applies shall include amounts sufficient to recoup ...

Nevada Revised Statutes Section 687A.150

Immunity from liability. There is no liability, and no cause of action of any nature shall arise against any member insurer, the Association, its agents or employees, the Board of ...

Nevada Revised Statutes Section 687A.160

Proceedings involving insolvent insurer: Stay; defense by Association.

1. Upon the application of the Association or insured and upon cause shown, all proceedings in which the insolvent insurer is ...

Nevada Revised Statutes Section 687B.010

Scope. This chapter applies to all insurance contracts and annuity contracts other than:

1. Reinsurance.

2. Policies or contracts not issued for delivery in this state nor delivered ...

Nevada Revised Statutes Section 687B.015

“Binder” defined. As used in this chapter, unless the context otherwise requires, “binder” means an oral or written contract for temporary insurance which is used when a policy is not ...

Nevada Revised Statutes Section 687B.021

Signatures. Unless otherwise provided by a specific statute, if a signature is required of any person, the person may provide as the signature of the person:

1. An original ...

Nevada Revised Statutes Section 687B.030

Waiver of payment of premium. With respect to any kind of insurance and any type of insurance contract, the insurer may provide for waiver of payment of premium for such ...

Nevada Revised Statutes Section 687B.040

Insurable interest: Personal insurance.

1. Any natural person of competent legal capacity may procure or effect an insurance contract upon his own life or body for the benefit of ...

Nevada Revised Statutes Section 687B.050

Insurable interest: Exception when certain institutions designated beneficiary.

1. Life insurance contracts may be entered into in which the person paying the consideration for the insurance has no insurable ...

Nevada Revised Statutes Section 687B.060

Insurable interest: Property.

1. No contract of insurance of property or of any interest in property or arising from property shall be enforceable as to the insurance except for ...

Nevada Revised Statutes Section 687B.070

Power to contract: Purchase of insurance and annuities by minors.

1. Any person of competent legal capacity may contract for insurance.

2. Any minor not less than 16 ...

Nevada Revised Statutes Section 687B.080

Consent of insured to life or health insurance required; exceptions; notice of application for or request to increase coverage of insurance upon life of another required.

1. Except as ...

Nevada Revised Statutes Section 687B.090

Alteration of application: Life and health insurance. No alteration of any written application for any life or health insurance policy shall be made by any person other than the applicant ...

Nevada Revised Statutes Section 687B.100

Application as evidence.

1. No application for the issuance of any life or health insurance policy or annuity contract shall be admissible in evidence in any action relative to ...

Nevada Revised Statutes Section 687B.110

Representations in applications. All statements and descriptions in any application for an insurance policy or annuity contract, by or in behalf of the insured or annuitant, shall be deemed to ...

Nevada Revised Statutes Section 687B.113

Control of cost of health care: Provisions encouraging use of certain services and facilities. An insurer shall include provisions in a policy of health insurance encouraging the insured’s use, if ...

Nevada Revised Statutes Section 687B.117

Control of cost of health care: Insurer required to use three or more practices that control cost in administering benefits. The Commissioner shall not approve any proposed policy of health ...

Nevada Revised Statutes Section 687B.120

Filing and approval of forms.

1. No life or health insurance policy or contract, annuity contract form, policy form, health care plan or plan for dental care, whether individual, ...

Nevada Revised Statutes Section 687B.122

Readability of policies: Applicability of requirements.

1. The provisions of NRS 687B.122 to 687B.128, inclusive:

(a) Apply to all policies, certificates or contracts of life or health insurance, ...

Nevada Revised Statutes Section 687B.124

Readability of policies: Flesch test; style, arrangement and overall appearance; index or table of contents.

1. Except as provided by NRS 687B.122, a policy must not be delivered or ...

Nevada Revised Statutes Section 687B.126

Readability of policies: Filing policy for Commissioner’s approval; exceptions to score requirements on Flesch test.

1. An insurer shall file a copy of the policy with the Commissioner accompanied ...

Nevada Revised Statutes Section 687B.128

Readability of policies: Approval by Commissioner. A policy which complies with subsection 1 of NRS 687B.124 must be approved by the Commissioner, notwithstanding any other provision of law which specifies ...

Nevada Revised Statutes Section 687B.130

Grounds for disapproval. The Commissioner shall disapprove any form filed under NRS 687B.120, or withdraw any previous approval thereof, only on one or more of the following grounds:

1. ...

Nevada Revised Statutes Section 687B.140

Standard provisions.

1. Insurance contracts shall contain such standard or uniform provisions as are required by the applicable provisions of this Code pertaining to contracts of particular kinds of ...

Nevada Revised Statutes Section 687B.145

Provisions in policies of casualty insurance: Proration of recovery or benefits; uninsured and underinsured motorist coverage; coverage for medical expenses; insurer not entitled to subrogation upon payment made because of ...

Nevada Revised Statutes Section 687B.147

Exclusion, reduction or limitation of certain coverage in motor vehicle insurance policies allowed; conditions; form and contents of disclosure. A policy of motor vehicle insurance covering a private passenger car ...

Nevada Revised Statutes Section 687B.150

Inclusion of portion of charter or bylaws.

1. No policy shall contain any provision purporting to make any portion of the charter, bylaws or other constituent document of the ...

Nevada Revised Statutes Section 687B.160

Execution of policies.

1. Every insurance policy must be executed in the name of and on behalf of the insurer by its officer, attorney-in-fact, employee or representative duly authorized ...

Nevada Revised Statutes Section 687B.170

Underwriters’ and combination policies.

1. Two or more authorized insurers may jointly issue, and shall be jointly and severally liable on, an underwriters’ policy bearing their names. Any one ...

Nevada Revised Statutes Section 687B.180

Validity and construction of noncomplying forms.

1. A policy delivered or issued for delivery after January 1, 1972, to any person in this state in violation of this Code ...

Nevada Revised Statutes Section 687B.182

Binders: Issuance; effective dates.

1. A binder may be issued only by a resident or nonresident agent appointed by the insurer which is to issue the policy.

2. ...

Nevada Revised Statutes Section 687B.183

Binders: Forms; required statement; delivery.

1. All written binders must be made on forms approved by the Commissioner.

2. A binder related to a policy of insurance which ...

Nevada Revised Statutes Section 687B.184

Binders: Form and premium for policy issued as replacement.

1. A policy which is issued to replace a binder must include:

(a) Limits of coverage which are equal ...

Nevada Revised Statutes Section 687B.185

Binders: Prohibition of use to lower premiums. An insurer may not use a binder as a means to lower a premium which an insured is charged. ...

Nevada Revised Statutes Section 687B.186

Binders: Proof of insurance coverage.

1. A binder which is issued in accordance with NRS 687B.182 to 687B.187, inclusive, shall be deemed a policy for the purpose of proving ...

Nevada Revised Statutes Section 687B.187

Binders: Disapproval of insurer. NRS 687B.182 to 687B.187, inclusive, do not prevent the exercise of a right to disapprove of the insurer or its representative on the basis of:

...

Nevada Revised Statutes Section 687B.190

Delivery of policy.

1. If the original policy is delivered or is so required to be delivered to or for deposit with any vendor, mortgagee or pledgee of any ...

Nevada Revised Statutes Section 687B.200

Assignability.

1. The purpose of this section is to confirm and clarify the right to provide for an assignment by which a person covered by a life or health ...

Nevada Revised Statutes Section 687B.210

Payment discharges insurer.

1. Whenever the proceeds of or payments under a life or health insurance policy or annuity contract issued before, on or after January 1, 1972, become ...

Nevada Revised Statutes Section 687B.220

Forms for proof of loss to be furnished. Upon receiving due notice of a claim of loss under an insurance contract issued or assumed by it, an insurer shall promptly ...

Nevada Revised Statutes Section 687B.225

Requirements for contracts for payment of cost of medical or dental care which require prior authorization of care.

1. Except as otherwise provided in NRS 689A.0405, 689A.0413, 689B.031, 689B.0374, ...

Nevada Revised Statutes Section 687B.240

Administration of claims not waiver. Without limitation of any right or defense of an insurer otherwise, none of the following acts by or on behalf of an insurer shall be ...

Nevada Revised Statutes Section 687B.250

Payment not to constitute admission of liability or waiver of defenses.

1. No payment or payments made by any person, or by his insurer by virtue of a liability ...

Nevada Revised Statutes Section 687B.255

Insurer to pay claim with negotiable instrument. If an insurer is required to pay a claim, the insurer shall pay that claim with an instrument which is immediately negotiable. An ...

Nevada Revised Statutes Section 687B.260

Exemption of proceeds of certain policies.

1. If a policy of insurance, whether issued before, on or after January 1, 1972, is effected by any person on his own ...

Nevada Revised Statutes Section 687B.270

Exemption of proceeds: Health insurance.

1. Except as otherwise expressly provided by the policy or contract, the proceeds and avails of all contracts of health insurance and of provisions ...

Nevada Revised Statutes Section 687B.280

Exemption of proceeds: Group insurance.

1. A policy of group life insurance or group health insurance or the proceeds thereof payable to the individual insured or to the beneficiary ...

Nevada Revised Statutes Section 687B.290

Exemption of proceeds: Annuities; assignability of rights.

1. The benefits, rights, privileges and options which under any annuity contract issued prior to or after January 1, 1972, are due ...

Nevada Revised Statutes Section 687B.300

Retention of proceeds of policy by insurer.

1. Any life insurer shall have power to hold payment of proceeds, as has been agreed to in writing by the insurer ...

Nevada Revised Statutes Section 687B.310

Cancellations and nonrenewals; scope of application.

1. NRS 687B.310 to 687B.420, inclusive, apply to all binders and all contracts of insurance the general terms of which are required to ...

Nevada Revised Statutes Section 687B.320

Midterm cancellation; exception.

1. Except as otherwise provided in subsection 3, no insurance policy that has been in effect for at least 70 days or that has been renewed ...

Nevada Revised Statutes Section 687B.325

Industrial insurance policies: Midterm cancellation; notice to policy holder.

1. No policy of industrial insurance that has been in effect for at least 70 days or that has been ...

Nevada Revised Statutes Section 687B.330

Anniversary cancellation. A policy issued for a term longer than 1 year may be cancelled by the insurer by giving notice of the cancellation:

1. For commercial or business ...

Nevada Revised Statutes Section 687B.340

Nonrenewals.

1. Subject to subsection 2, a policyholder has a right to have his policy renewed, on the terms then being applied by the insurer to persons, similarly situated, ...

Nevada Revised Statutes Section 687B.345

Annual review of coverage and benefits provided in policy. Each insurer who delivers a policy in this state which is effective for 1 year or more may, for the period ...

Nevada Revised Statutes Section 687B.350

Renewal with altered terms.

1. Except as otherwise provided in subsection 2, an insurer shall not renew a policy on different terms, including different rates, unless the insurer notifies ...

Nevada Revised Statutes Section 687B.355

Information about claims paid on behalf of policyholder; regulations.

1. If a policyholder requests information for the renewal of his policy, an insurer shall provide to the policyholder information ...

Nevada Revised Statutes Section 687B.360

Information about grounds. If a notice of cancellation or nonrenewal under NRS 687B.310 to 687B.420, inclusive, does not state with reasonable precision the facts on which the insurer’s decision is ...

Nevada Revised Statutes Section 687B.370

Information about applying for insurance through certain plans; exception. Except for a notice of cancellation for the failure to pay a premium when due, no notice required pursuant to NRS ...

Nevada Revised Statutes Section 687B.380

Immunity. There is no liability on the part of and no cause of action of any nature may arise against any insurer, its authorized representative, its agents, its employees, or ...

Nevada Revised Statutes Section 687B.385

Cancellation, nonrenewal or increase in premium due to claims for which insured was not at fault prohibited. An insurer shall not cancel, refuse to renew or increase the premium for ...

Nevada Revised Statutes Section 687B.390

Cancellation or nonrenewal on sole basis of age, residence, race, color, creed, national origin, ancestry or occupation prohibited. No insurer shall cancel or refuse to renew an automobile liability insurance ...

Nevada Revised Statutes Section 687B.400

Discrimination on sole basis of age prohibited; burden of proof; exception.

1. No insurer shall refuse to issue, reduce liability limits of, or increase the premium of any automobile ...

Nevada Revised Statutes Section 687B.410

Withdrawal of insurance for particular class of insureds: Notice; administrative review.

1. An insurer which intends to withdraw from providing insurance for a particular class of insureds shall notify ...

Nevada Revised Statutes Section 687B.420

Notice of proposed cancellation, nonrenewal or alteration of terms of certain policies or contracts of insurance. An insurer shall not cancel, fail to renew or renew with altered terms a ...

Nevada Revised Statutes Section 687B.430

Regulations: Policies which provide for payment of expenses not covered by Medicare; sale of more than one policy of health insurance to same person.

1. The Commissioner may adopt ...

Nevada Revised Statutes Section 687B.440

Umbrella policies: Disclosure statement indicating whether policy includes uninsured or underinsured motorist coverage; form.

1. An insurer offering an umbrella policy to an individual shall obtain a signed ...

Nevada Revised Statutes Section 688A.010

Scope. This chapter, with the exception of NRS 688A.390, applies only to contracts of life insurance, endowment and annuities, other than reinsurance, group life insurance and group annuities. ...

Nevada Revised Statutes Section 688A.020

“Annuity” defined. For the purposes of this Code an “annuity” is a contract under which obligations are assumed to make periodic payments for a specific term or terms or where ...

Nevada Revised Statutes Section 688A.030

“Industrial life insurance” defined. For the purposes of this Code, “industrial life insurance” is that form of life insurance written under policies of a face amount of $2,500 or less ...

Nevada Revised Statutes Section 688A.040

Standard provisions required.

1. No policy of life insurance other than pure endowments, with or without return of premiums or of premiums and interest, shall be delivered or issued ...

Nevada Revised Statutes Section 688A.050

Payment of premiums. There shall be a provision relating to the time and place of payment of premiums. ...

Nevada Revised Statutes Section 688A.060

Grace period. There shall be a provision that a grace period of 30 days or, at the option of the insurer, of 1 month of not less than 30 days ...

Nevada Revised Statutes Section 688A.070

Entire contract. There shall be a provision that except as otherwise expressly provided by law, the policy and the application therefor, if a copy of such application is endorsed upon ...

Nevada Revised Statutes Section 688A.080

Incontestability. There shall be a provision that the policy shall be incontestable after it has been in force during the lifetime of the insured for a period of not more ...

Nevada Revised Statutes Section 688A.090

Misstatement of age. There shall be a provision that if the age of the insured or of any other person whose age is considered in determining the premium or benefit ...

Nevada Revised Statutes Section 688A.100

Dividends.

1. There shall be a provision in participating policies that, beginning not later than the end of the third policy year, the insurer shall annually ascertain and apportion ...

Nevada Revised Statutes Section 688A.110

Loan secured by policy.

1. There shall be a provision that after 3 full years’ premiums have been paid and after the policy has a cash surrender value and ...

Nevada Revised Statutes Section 688A.120

Table of installments. In case the policy provides that the proceeds may be payable in installments which are determinable at issue of the policy, there shall be a table showing ...

Nevada Revised Statutes Section 688A.130

Reinstatement. There must be a provision that unless:

1. The policy has been surrendered for its cash surrender value;

2. Its cash surrender value has been exhausted; or

Nevada Revised Statutes Section 688A.140

Payment of claims. There shall be a provision that when the benefits under the policy become payable by reason of the death of the insured, settlement shall be made upon ...

Nevada Revised Statutes Section 688A.150

Beneficiary: Industrial policies.

1. An industrial life insurance policy shall have the name of the beneficiary designated thereon or in the application or other form if attached to the ...

Nevada Revised Statutes Section 688A.160

Title. There shall be a title on the policy, briefly describing the same. ...

Nevada Revised Statutes Section 688A.165

Surrender and request for cancellation of policy. No policy of life insurance, other than an industrial life insurance policy, may be delivered or issued for delivery in this state unless ...

Nevada Revised Statutes Section 688A.170

Excluded or restricted coverage. A clause in any policy of life insurance providing that such policy shall be incontestable after a specified period shall preclude only a contest of the ...

Nevada Revised Statutes Section 688A.180

Standard provisions: Annuity and pure endowment contracts.

1. No annuity or pure endowment contract, other than reversionary annuities (also called survivorship annuities) or group annuities and except as stated ...

Nevada Revised Statutes Section 688A.190

Annuities: Grace period. In an annuity or pure endowment contract, other than a reversionary, survivorship or group annuity, there shall be a provision that there shall be a period of ...

Nevada Revised Statutes Section 688A.200

Annuities: Incontestability. If any statements, other than those relating to age, sex and identity are required as a condition to issuing an annuity or pure endowment contract, other than a ...

Nevada Revised Statutes Section 688A.210

Annuities: Entire contract. In an annuity or pure endowment contract, other than a reversionary, survivorship or group annuity, there shall be a provision that the contract shall constitute the entire ...

Nevada Revised Statutes Section 688A.220

Annuities: Misstatement of age or sex. In an annuity or pure endowment contract, other than a reversionary, survivorship or group annuity, there shall be a provision that if the age ...

Nevada Revised Statutes Section 688A.230

Annuities: Dividends. If an annuity or pure endowment contract, other than a reversionary, survivorship or group annuity, is participating, there shall be a provision that the insurer shall annually ascertain ...

Nevada Revised Statutes Section 688A.240

Annuities: Reinstatement. In an annuity or pure endowment contract, other than a reversionary or group annuity, there shall be a provision that the contract may be reinstated at any time ...

Nevada Revised Statutes Section 688A.250

Standard provisions: Reversionary annuities.

1. Except as stated in this section, no contract for a reversionary annuity shall be delivered or issued for delivery in this state unless it ...

Nevada Revised Statutes Section 688A.260

Provisions limiting liability.

1. No policy of life insurance shall be delivered or issued for delivery in this state if it contains any of the following provisions:

(a) ...

Nevada Revised Statutes Section 688A.270

Prohibited provisions.

1. No life insurance policy, other than industrial life insurance, shall be delivered or issued for delivery in this state, if it contains any of the following ...

Nevada Revised Statutes Section 688A.280

Provisions required by law of other jurisdiction. The policies of a foreign life insurer when issued in this state may contain any provision which the law of the state, territory, ...

Nevada Revised Statutes Section 688A.281

Qualified charitable-gift annuity: Definitions. As used in NRS 688A.281 to 688A.285, inclusive, unless the context otherwise requires:

1. “Charitable-gift annuity” means an annuity payable over one or two lives ...

Nevada Revised Statutes Section 688A.282

Qualified charitable-gift annuity: Issuance does not constitute transacting insurance. The issuance of a qualified charitable-gift annuity does not constitute transacting insurance in this state. A charitable-gift annuity issued before October ...

Nevada Revised Statutes Section 688A.283

Qualified charitable-gift annuity: Contents and form of required disclosure. In an agreement to issue a qualified charitable-gift annuity, the charitable organization shall disclose in writing to the donor that the ...

Nevada Revised Statutes Section 688A.284

Qualified charitable-gift annuity: Required notice to Commissioner; contents of notice; further information.

1. A charitable organization that issues qualified charitable-gift annuities shall notify the Commissioner in writing on or ...

Nevada Revised Statutes Section 688A.285

Qualified charitable-gift annuity: Effect of noncompliance; penalties.

1. Failure of a charitable organization to comply with the requirements of NRS 688A.283 or 688A.284 for disclosure or notice, or both, ...

Nevada Revised Statutes Section 688A.290

Short title; applicability; required provisions.

1. NRS 688A.290 to 688A.360, inclusive, shall be known as the Standard Nonforfeiture Law. Except as provided in NRS 688A.330 and 688A.340, NRS 688A.290 ...

Nevada Revised Statutes Section 688A.300

Cash surrender value: Basic calculations.

1. Any cash surrender value available under the policy in the event of default in a premium payment due on any policy anniversary, whether ...

Nevada Revised Statutes Section 688A.305

Cash surrender value: Limitations on policies issued on or after January 1, 1987.

1. This section applies to all policies issued on or after January 1, 1987. Any cash ...

Nevada Revised Statutes Section 688A.310

Paid-up nonforfeiture benefit. Any paid-up nonforfeiture benefit available under the policy in the event of default in a premium payment due on any policy anniversary must be such that its ...

Nevada Revised Statutes Section 688A.315

Review of benefits and premiums for life insurance with future premium determination. In the case of any plan of life insurance which provides for future premium determination, the amounts of ...

Nevada Revised Statutes Section 688A.320

Calculation of adjusted premiums for policies issued before operative date of NRS 688A.325.

1. Except as provided in subsections 4 and 6, the adjusted premiums for any policy must ...

Nevada Revised Statutes Section 688A.325

Calculation of adjusted premiums; operative date of section.

1. This section applies to all policies issued by an insurer on or after the operative date of this section as ...

Nevada Revised Statutes Section 688A.330

Basis for calculating adjusted premiums on industrial insurance; applicability of section.

1. In the case of industrial policies issued on or after the operative date of this section, as ...

Nevada Revised Statutes Section 688A.340

Basis for calculating adjusted premiums and present values on ordinary policies issued after operative date of this section; election to come under this section; operative date of this section as ...

Nevada Revised Statutes Section 688A.350

Calculation of cash surrender value and paid-up nonforfeiture benefit.

1. Any cash surrender value and any paid-up nonforfeiture benefit, available under the policy in the event of default in ...

Nevada Revised Statutes Section 688A.360

Insurance to which NRS 688A.290 to 688A.360, inclusive, not applicable. NRS 688A.290 to 688A.360, inclusive, do not apply to any:

1. Reinsurance, group insurance, pure endowment, annuity or reversionary ...

Nevada Revised Statutes Section 688A.361

Nonforfeiture provisions required in annuity contracts. No contract of annuity may be delivered or issued for delivery in this state unless it contains in substance the following provisions, or corresponding ...

Nevada Revised Statutes Section 688A.363

Minimum nonforfeiture amounts.

1. The minimum values, specified in NRS 688A.3631 to 688A.3637, inclusive, and 688A.366, of any paid-up annuity, cash surrender or death benefits available under an annuity ...

Nevada Revised Statutes Section 688A.3631

Value of paid-up annuity benefits when benefit payments to commence. Any paid-up annuity benefit available under a contract shall be such that its present value on the date when the ...

Nevada Revised Statutes Section 688A.3633

Value of cash surrender and death benefits before maturity. For contracts which provide cash surrender benefits, such benefits available before maturity shall not be less than the present value as ...

Nevada Revised Statutes Section 688A.3635

Value of paid-up annuity benefits before maturity for contracts not providing cash surrender or death benefits. For contracts which do not provide cash surrender benefits, the present value of any ...

Nevada Revised Statutes Section 688A.3637

Maturity date. For the purpose of determining the benefits calculated under NRS 688A.3633 and 688A.3635, in the case of annuity contracts under which an election may be made to have ...

Nevada Revised Statutes Section 688A.364

Statement that policy does not provide cash surrender benefits or death benefits equal to nonforfeiture amount. Any contract which does not provide cash surrender benefits or does not provide death ...

Nevada Revised Statutes Section 688A.366

Calculation of benefits available at time other than contract anniversary. Any paid-up annuity, cash surrender or death benefits available at any time, other than on the contract anniversary under any ...

Nevada Revised Statutes Section 688A.367

Minimum nonforfeiture benefits for contracts providing both annuity and life insurance benefits. For any contract which provides, within the same contract by rider or supplemental contract provision, both annuity benefits ...

Nevada Revised Statutes Section 688A.369

Insurance to which NRS 688A.361 to 688A.369, inclusive, not applicable. NRS 688A.361 to 688A.369, inclusive, do not apply to any reinsurance, group annuity purchased under a retirement plan or plan ...

Nevada Revised Statutes Section 688A.370

Reinstatement; benefits for disability or accidental death.

1. A reinstated policy of life insurance or an annuity contract may be contested on account of fraud or misrepresentation of facts ...

Nevada Revised Statutes Section 688A.380

Participating and nonparticipating policies: Accounting; allocations; dividends.

1. A life insurer issuing both participating and nonparticipating policies shall maintain such accounting records as are necessary for it to determine ...

Nevada Revised Statutes Section 688A.390

Separate accounts.

1. A domestic life insurer may establish one or more separate accounts, and may allocate thereto amounts (including without limitation proceeds applied under optional modes of settlement ...

Nevada Revised Statutes Section 688A.400

Prohibited policy plans.

1. No life insurer shall, after January 1, 1972, deliver or issue for delivery in this state:

(a) As part of or in combination with ...

Nevada Revised Statutes Section 688A.410

Payment of life insurance proceeds; interest. An insurer shall pay the proceeds of any benefits under a policy of life insurance not more than 30 days after the death of ...

Nevada Revised Statutes Section 688A.430

Delivery of group annuity to group formed to purchase annuity prohibited. No group annuity may be delivered or issued for delivery in this state to a group which was principally ...

Nevada Revised Statutes Section 688B.010

Short title; scope.

1. This chapter may be known and cited as the Group Life Insurance Law.

2. This chapter applies only to group life insurance and wholesale ...

Nevada Revised Statutes Section 688B.020

“Wholesale life insurance” defined.

1. As used in this Code, “wholesale life insurance” is that plan of life insurance, other than salary savings life insurance or pension trust insurance ...

Nevada Revised Statutes Section 688B.030

Group life insurance prohibited unless approved by Commissioner; exempt policies; exclusion or limitation of coverage; applicability.

1. Except as otherwise provided in this section, no policy of group life ...

Nevada Revised Statutes Section 688B.040

Provisions required in group contracts. No policy of group life insurance shall be delivered in this State unless it contains in substance the provisions set forth in NRS 688B.040 to ...

Nevada Revised Statutes Section 688B.050

Grace period. The group life insurance policy shall contain a provision that the policyholder is entitled to a grace period of 31 days for the payment of any premium due ...

Nevada Revised Statutes Section 688B.060

Incontestability. The group life insurance policy shall contain a provision that the validity of the policy shall not be contested, except for nonpayment of premium, after it has been in ...

Nevada Revised Statutes Section 688B.070

Provisions required in policy of group life insurance. The group life insurance policy shall contain a provision:

1. That a copy of the application, if any, of the policyholder ...

Nevada Revised Statutes Section 688B.080

Insurability. The group life insurance policy shall contain a provision setting forth the conditions, if any, under which the insurer reserves the right to require a person eligible for insurance ...

Nevada Revised Statutes Section 688B.090

Misstatement of age. The group life insurance policy shall contain a provision specifying an equitable adjustment of premiums or of benefits or both to be made if the age of ...

Nevada Revised Statutes Section 688B.100

Payment of benefits. The group life insurance policy shall contain a provision that any sum becoming due by reason of the death of the person insured shall be payable to ...

Nevada Revised Statutes Section 688B.110

Certificate: Filing; approval.

1. The group life policy shall contain a provision that the insurer will issue to the policyholder for delivery to each person insured a certificate setting ...

Nevada Revised Statutes Section 688B.120

Conversion on termination of eligibility. The group life insurance policy shall contain a provision that if the insurance on a person covered under the policy ceases because of termination of ...

Nevada Revised Statutes Section 688B.130

Conversion on termination of policy. The group life insurance policy shall contain a provision that if the group policy terminates or is amended so as to terminate the insurance of ...

Nevada Revised Statutes Section 688B.140

Death pending conversion. The group life insurance policy shall contain a provision that if a person insured under the policy dies during the period within which he would have been ...

Nevada Revised Statutes Section 688B.150

Information to debtor. A policy issued to a creditor to insure debtors of such creditor shall contain a provision that the insurer will furnish to the policyholder for delivery to ...

Nevada Revised Statutes Section 688B.160

Notice as to right of conversion.

1. If any individual insured under a group life insurance policy delivered in this state after January 1, 1972, becomes entitled under the ...

Nevada Revised Statutes Section 688B.170

Readjustment of premium. Any group life insurance contract may provide for a readjustment of the premium rate based upon the experience thereunder. ...

Nevada Revised Statutes Section 688B.180

Application of dividends; rate reductions.

1. If a policy dividend is declared after January 1, 1972, or a reduction in rate is made after January 1, 1972, or continued ...

Nevada Revised Statutes Section 688B.190

Proceeds of benefits to be paid within 30 days after death of insured. An insurer shall pay the proceeds of any benefits under a group life insurance policy not more ...

Nevada Revised Statutes Section 688C.010

Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 688C.020 to 688C.150, inclusive, have the meanings ascribed to them in those ...

Nevada Revised Statutes Section 688C.020

“Advertising” defined. “Advertising” means a written, electronic or printed communication or a communication by recorded telephone message, radio, television, the Internet or a similar medium of communication, including a film ...

Nevada Revised Statutes Section 688C.030

“Broker of viatical settlements” defined. “Broker of viatical settlements” means a person who on behalf of a viator and for a fee, commission or other valuable consideration offers or attempts ...

Nevada Revised Statutes Section 688C.040

“Business of viatical settlements” defined. “Business of viatical settlements” means the offering, solicitation, negotiation, procurement, effectuation, purchasing, financing, monitoring, tracking, underwriting, selling, transferring, pledging or otherwise hypothecating of viatical settlements. ...

Nevada Revised Statutes Section 688C.050

“Chronically ill” defined. “Chronically ill” means:

1. Being unable to perform at least two activities of daily living, such as eating, moving from one place to another, bathing, dressing, ...

Nevada Revised Statutes Section 688C.060

“Financing agent” defined.

1. “Financing agent” means an underwriter, agent for placement, enhancer of credit, lender, purchaser of securities, purchaser of a policy from a provider of viatical settlements ...

Nevada Revised Statutes Section 688C.070

“Policy” defined. “Policy” means an individual or group policy, group certificate, contract or arrangement of life insurance affecting the rights of a person, whether or not delivered or issued for ...

Nevada Revised Statutes Section 688C.080

“Provider of viatical settlements” defined. “Provider of viatical settlements” means a person other than a viator who enters into or effectuates a viatical settlement. The term does not include:

...

Nevada Revised Statutes Section 688C.090

“Purchaser of viatical settlements” defined. “Purchaser of viatical settlements” means a person who gives a sum of money as consideration for a policy or an interest in the death benefits ...

Nevada Revised Statutes Section 688C.100

“Special organization” defined. “Special organization” means an organization formed by a licensed provider of viatical settlements solely to enable the provider to gain access to institutional markets for capital. ...

Nevada Revised Statutes Section 688C.110

“Terminally ill” defined. “Terminally ill” means having an illness that can reasonably be expected to result in death within 24 months. ...

Nevada Revised Statutes Section 688C.120

“Trust for a related provider” defined. “Trust for a related provider” means a trust established by a licensed provider of viatical settlements solely to hold the ownership of or beneficial ...

Nevada Revised Statutes Section 688C.130

“Viatical settlement” defined. “Viatical settlement” means a written agreement for the payment of money, or anything else of value, which is less than the expected death benefit of a policy, ...

Nevada Revised Statutes Section 688C.140

“Viaticated policy” defined. “Viaticated policy” means a policy that has been acquired by a provider of viatical settlements pursuant to a viatical settlement. ...

Nevada Revised Statutes Section 688C.150

“Viator” defined. “Viator” means the owner of a policy or the holder of a certificate of insurance under a policy of group insurance. The term is not limited to an ...

Nevada Revised Statutes Section 688C.160

Governing law when residents of different states are viators with respect to single policy. If there is more than one viator with respect to a single policy and they are ...

Nevada Revised Statutes Section 688C.170

Regulations of Commissioner. The Commissioner may adopt regulations to:

1. Establish standards for evaluating the reasonableness of payments under viatical settlements to persons chronically or terminally ill, including the ...

Nevada Revised Statutes Section 688C.180

Examinations and investigations by Commissioner. The Commissioner may examine or investigate a licensee under this chapter as often as he considers appropriate. An examination will be conducted in the manner ...

Nevada Revised Statutes Section 688C.190

License to operate as provider or broker: General requirements; application, renewal and expiration; effect.

1. A person shall not, without first obtaining a license from the Commissioner, operate in ...

Nevada Revised Statutes Section 688C.200

Investigation of applicant and issuance of license; provision of new or revised information to Commissioner.

1. Upon the filing of an application and payment of the fee, the Commissioner ...

Nevada Revised Statutes Section 688C.210

Suspension, revocation or refusal of license. After notice, and after a hearing if requested, the Commissioner may suspend, revoke, refuse to issue or refuse to renew a license under this ...

Nevada Revised Statutes Section 688C.220

Filing and approval of forms; submission of advertising material. A person shall not use a form of viatical settlement or of disclosure in this state unless the form has been ...

Nevada Revised Statutes Section 688C.230

Filing of annual statement; disclosure of identity of insured.

1. Each licensee under this chapter shall file with the Commissioner on or before March 1 of each year an ...

Nevada Revised Statutes Section 688C.240

Retention of records and documents.

1. A person required to be licensed under this chapter shall retain for 5 years copies of all:

(a) Contracts, underwriting documents, forms ...

Nevada Revised Statutes Section 688C.250

Disclosures to viator upon or before execution of application for settlement.

1. With each application for a viatical settlement, a provider or broker of viatical settlements shall furnish to ...

Nevada Revised Statutes Section 688C.260

Disclosures to viator upon or before execution of settlement. A provider of viatical settlements shall furnish to the viator, no later than the date the viatical settlement is signed by ...

Nevada Revised Statutes Section 688C.270

Prerequisites to entry by viator into settlement within 2 years after issuance of policy; submission of independent evidence or certification to insurer.

1. A viator may not enter into ...

Nevada Revised Statutes Section 688C.280

Acquisition of certain documents by provider before entry into settlement; notice to issuer of policy.

1. A provider of viatical settlements who enters into a settlement shall first obtain:

Nevada Revised Statutes Section 688C.290

Submission by viator of certain documents to escrow agent; duties of escrow agent; payment of viator.

1. A provider of viatical settlements shall instruct the viator to send the ...

Nevada Revised Statutes Section 688C.300

Termination of settlement within 15 days after receipt of proceeds. A viatical settlement entered into in this state must reserve to the viator an unconditional right to terminate the settlement ...

Nevada Revised Statutes Section 688C.310

Contact with insured to determine status of his health after settlement.

1. Contact with an insured to determine the status of his health after a viatical settlement may be ...

Nevada Revised Statutes Section 688C.320

Confidentiality of medical information. All medical information solicited or obtained by a licensee under this chapter is subject to other laws of this state relating to the confidentiality of the ...

Nevada Revised Statutes Section 688C.330

Notice of transfer of ownership or change of beneficiary of viaticated policy. If a provider of viatical settlements transfers ownership or changes the beneficiary of a viaticated policy, he shall ...

Nevada Revised Statutes Section 688C.340

Trust for related provider: Required agreement between trustee and provider. The trustee of a trust for a related provider must agree in writing with the provider of viatical settlements that ...

Nevada Revised Statutes Section 688C.350

Applicability and interpretation of provisions. NRS 688C.350 to 688C.430, inclusive, apply to advertising of viatical settlements or related services intended for dissemination in this state, including advertising on the Internet ...

Nevada Revised Statutes Section 688C.360

Establishment and maintenance by licensee of system of control; responsibility for advertisements. Each licensee under this chapter shall establish and continuously maintain a system of control over the content, form ...

Nevada Revised Statutes Section 688C.370

Avoidance of deception. An advertisement must be truthful and not misleading in fact or by implication. The form and content of an advertisement for viatical settlements must be sufficiently complete ...

Nevada Revised Statutes Section 688C.380

Text of information required to be disclosed; use of misleading omissions, language or illustrations; use of name or title of insurer or policy; prohibited statements, implications and words.

1. ...

Nevada Revised Statutes Section 688C.390

Use of testimonial, appraisal, analysis, endorsement or statistical information.

1. A testimonial, appraisal or analysis used in an advertisement must be genuine, represent the present opinion of the author, ...

Nevada Revised Statutes Section 688C.400

Prohibited disparagement. An advertisement may not disparage insurers, providers of insurance, other providers or brokers of viatical settlements, policies, services or methods of marketing. ...

Nevada Revised Statutes Section 688C.410

Identification of provider and settlement; statement of name of licensee.

1. The name of the provider of viatical settlements must be clearly identified in an advertisement about him or ...

Nevada Revised Statutes Section 688C.420

Use of words, symbols or physical materials similar to those of governmental program or agency; creation of impression of governmental recommendation or endorsement; statements regarding licensing.

1. An advertisement ...

Nevada Revised Statutes Section 688C.430

Disclosures required when emphasizing speed of viatication or monetary amounts available.

1. If an advertiser emphasizes the speed with which viatication will occur, the advertisement must disclose the average ...

Nevada Revised Statutes Section 688C.440

Unlawful acts. It is unlawful knowingly or intentionally:

1. For any person to interfere with the enforcement of the provisions of this chapter or an investigation of a possible ...

Nevada Revised Statutes Section 688C.450

Felonious acts. It is a category D felony, and the offender shall be punished as provided in NRS 193.130, for any person, knowingly or with intent to defraud, to do ...

Nevada Revised Statutes Section 688C.460

Provision to Commissioner of information regarding felonious acts.

1. A person engaged in the business of viatical settlements who knows or reasonably believes that a violation of NRS 688C.450 ...

Nevada Revised Statutes Section 688C.470

Immunity of persons providing information regarding felonious acts.

1. Except as otherwise provided in subsection 2, a person furnishing information of the kind described in NRS 688C.460 is immune ...

Nevada Revised Statutes Section 688C.480

Confidentiality and disclosure of certain documents and information regarding felonious acts.

1. A document or information furnished pursuant to NRS 688C.470 or obtained by the Commissioner in an investigation ...

Nevada Revised Statutes Section 688C.490

Establishment, maintenance and modification by licensees of certain protective measures against fraud; confidentiality of plan submitted to Commissioner.

1. Each licensee under this chapter shall establish and maintain protective ...

Nevada Revised Statutes Section 688C.500

Statement required on application or contract for settlement. An application or contract for a viatical settlement, however transmitted, must contain a statement substantially as follows: “A person who knowingly presents ...

Nevada Revised Statutes Section 688C.510

Injunctive and other relief; administrative fine; restitution; civil action.

1. In addition to the penalties and other means of enforcement provided under this chapter:

(a) If a person ...

Nevada Revised Statutes Section 689A.010

Short title. This chapter may be cited as the Uniform Health Policy Provision Law. ...

Nevada Revised Statutes Section 689A.020

Scope. Nothing in this chapter applies to or affects:

1. Any policy of liability or workers’ compensation insurance with or without supplementary expense coverage therein.

2. Any group ...

Nevada Revised Statutes Section 689A.030

General requirements. A policy of health insurance must not be delivered or issued for delivery to any person in this state unless it otherwise complies with this Code, and complies ...

Nevada Revised Statutes Section 689A.035

Contracts between insurer and provider of health care: Prohibiting insurer from charging provider of health care fee for inclusion on list of providers given to insureds; form to obtain information ...

Nevada Revised Statutes Section 689A.040

Contents of policy; substitution of provisions; captions; omission or modification of provisions.

1. Except as provided in subsections 2 and 3, each such policy delivered or issued for delivery ...

Nevada Revised Statutes Section 689A.0403

Procedure for arbitration of disputes concerning independent medical evaluations.

1. Each policy of health insurance must include a procedure for binding arbitration to resolve disputes concerning independent medical evaluations ...

Nevada Revised Statutes Section 689A.04033

Coverage for treatment received as part of clinical trial or study.

1. A policy of health insurance must provide coverage for medical treatment which a policyholder or subscriber receives ...

Nevada Revised Statutes Section 689A.04036

Coverage for continued medical treatment.

1. The provisions of this section apply to a policy of health insurance offered or issued by an insurer if an insured covered by ...

Nevada Revised Statutes Section 689A.0404

Coverage for use of certain drugs for treatment of cancer. Except as otherwise provided in NRS 689A.04033:

1. No policy of health insurance that provides coverage for a drug ...

Nevada Revised Statutes Section 689A.04042

Coverage for screening for colorectal cancer.

1. A policy of health insurance that provides coverage for the treatment of colorectal cancer must provide coverage for colorectal cancer screening in ...

Nevada Revised Statutes Section 689A.04045

Coverage for prescription drug previously approved for medical condition of insured.

1. Except as otherwise provided in this section, a policy of health insurance which provides coverage for prescription ...

Nevada Revised Statutes Section 689A.0405

Coverage for cytologic screening test and mammograms for certain women.

1. A policy of health insurance must provide coverage for benefits payable for expenses incurred for:

(a) An ...

Nevada Revised Statutes Section 689A.041

Coverage relating to mastectomy.

1. A policy of health insurance which provides coverage for the surgical procedure known as a mastectomy must also provide commensurate coverage for:

(a) ...

Nevada Revised Statutes Section 689A.0413

Coverage for certain gynecological or obstetrical services without authorization or referral from primary care physician.

1. A policy of health insurance must include a provision authorizing a woman covered ...

Nevada Revised Statutes Section 689A.0415

Coverage for drug or device for contraception and for hormone replacement therapy in certain circumstances; prohibited actions by insurer; exceptions.

1. Except as otherwise provided in subsection 5, an ...

Nevada Revised Statutes Section 689A.0417

Coverage for health care services related to contraceptives and hormone replacement therapy in certain circumstances; prohibited actions by insurer; exceptions.

1. Except as otherwise provided in subsection 5, an ...

Nevada Revised Statutes Section 689A.042

Coverage relating to complications of pregnancy.

1. No health insurance policy may be delivered or issued for delivery in this state if it contains any exclusion, reduction or other ...

Nevada Revised Statutes Section 689A.0423

Coverage for treatment of certain inherited metabolic diseases.

1. A policy of health insurance must provide coverage for:

(a) Enteral formulas for use at home that are prescribed ...

Nevada Revised Statutes Section 689A.0425

Individual health benefit plan that includes coverage for maternity care and pediatric care: Requirement to allow minimum stay in hospital in connection with childbirth; prohibited acts.

1. Except ...

Nevada Revised Statutes Section 689A.0427

Coverage for management and treatment of diabetes.

1. No policy of health insurance that provides coverage for hospital, medical or surgical expenses may be delivered or issued for delivery ...

Nevada Revised Statutes Section 689A.043

Coverage of newly born and adopted children and children placed for adoption.

1. All individual health insurance policies providing family coverage on an expense-incurred basis must as to family ...

Nevada Revised Statutes Section 689A.045

Termination of coverage on dependent child.

1. Any health insurance policy delivered or issued for delivery after November 1, 1973, which provides for the termination of coverage on a ...

Nevada Revised Statutes Section 689A.0455

Coverage for treatment of conditions relating to severe mental illness.

1. Notwithstanding any provisions of this Title to the contrary, a policy of health insurance delivered or issued for ...

Nevada Revised Statutes Section 689A.046

Benefits for treatment of abuse of alcohol or drugs.

1. The benefits provided by a policy for health insurance for treatment of the abuse of alcohol or drugs must ...

Nevada Revised Statutes Section 689A.0465

Coverage of treatment of temporomandibular joint.

1. Except as otherwise provided in this section, no policy of health insurance may be delivered or issued for delivery in this state ...

Nevada Revised Statutes Section 689A.0475

Acupuncture. If any policy of health insurance provides coverage for acupuncture performed by a physician, the insured is entitled to reimbursement for acupuncture performed by a person who is licensed ...

Nevada Revised Statutes Section 689A.048

Treatment by licensed psychologist. If any policy of health insurance provides coverage for treatment of an illness which is within the authorized scope of the practice of a qualified psychologist, ...

Nevada Revised Statutes Section 689A.0483

Treatment by licensed marriage and family therapist. If any policy of health insurance provides coverage for treatment of an illness which is within the authorized scope of the practice of ...

Nevada Revised Statutes Section 689A.0485

Treatment by licensed associate in social work, social worker, independent social worker or clinical social worker. If any policy of health insurance provides coverage for treatment of an illness which ...

Nevada Revised Statutes Section 689A.049

Treatment by licensed chiropractor; restriction on policy limitations.

1. If any policy of health insurance provides coverage for treatment of an illness which is within the authorized scope of ...

Nevada Revised Statutes Section 689A.0495

Services provided by certain registered nurses; restriction on policy limitations; exception.

1. If any policy of health insurance provides coverage for services which are within the authorized scope of ...

Nevada Revised Statutes Section 689A.0497

Provider of medical transportation.

1. Except as otherwise provided in subsection 3, every policy of health insurance amended, delivered or issued for delivery in this state after October 1, ...

Nevada Revised Statutes Section 689A.050

Entire contract; changes. There shall be a provision as follows:

Entire Contract; Changes: This policy, including the endorsements and the attached papers, if any, constitutes the entire contract ...

Nevada Revised Statutes Section 689A.060

Time limit on certain defenses. There shall be a provision as follows:

Time Limit on Certain Defenses:

1. After 3 years from the date of issue of ...

Nevada Revised Statutes Section 689A.070

Grace period. There shall be a provision as follows:

Grace Period: A grace period of ..... (insert a number not less than “7” for weekly premium policies, “10” ...

Nevada Revised Statutes Section 689A.080

Reinstatement.

1. There shall be a provision as follows:

Reinstatement: If any renewal premium be not paid within the time granted the insured for payment, a subsequent ...

Nevada Revised Statutes Section 689A.090

Notice of claim.

1. There shall be a provision as follows:

Notice of Claim: Written notice of claim must be given to the insurer within 20 days ...

Nevada Revised Statutes Section 689A.100

Claim forms: Required provision. There shall be a provision as follows:

Claim Forms: The insurer, upon receipt of a notice of claim, will furnish to the claimant such ...

Nevada Revised Statutes Section 689A.105

Claim forms: Uniform billing, claims forms. Every insurer under a health insurance contract and every state agency for its records shall accept from:

1. A hospital the Uniform Billing ...

Nevada Revised Statutes Section 689A.110

Claim forms: Acceptance of uniform forms. There shall be a provision as follows:

Proofs of Loss: Written proof of loss must be furnished to the insurer at its ...

Nevada Revised Statutes Section 689A.120

Time of payment of claims. There shall be a provision as follows:

Time of Payment of Claims: Indemnities payable under this policy for any loss, other than loss ...

Nevada Revised Statutes Section 689A.130

Payment of claims.

1. There shall be a provision as follows:

Payment of Claims: Indemnity for loss of life will be payable in accordance with the beneficiary ...

Nevada Revised Statutes Section 689A.135

Assignment of benefits to provider of health care.

1. A person insured under a policy of health insurance may assign his right to benefits to the provider of health ...

Nevada Revised Statutes Section 689A.140

Physical examination and autopsy. There shall be a provision as follows:

Physical Examinations and Autopsy: The insurer at its own expense shall have the right and opportunity to ...

Nevada Revised Statutes Section 689A.150

Legal actions. There shall be a provision as follows:

Legal Actions: No action at law or in equity shall be brought to recover on this policy prior to ...

Nevada Revised Statutes Section 689A.160

Change of beneficiary.

1. There shall be a provision as follows:

Change of Beneficiary: Unless the insured makes an irrevocable designation of beneficiary, the right to change ...

Nevada Revised Statutes Section 689A.170

Right to examine and return policy.

1. Except as to nonrenewable accident policies and individual credit health insurance policies, every individual health insurance policy shall contain a provision therein ...

Nevada Revised Statutes Section 689A.180

Optional provisions. Except as provided in NRS 689A.040, no such policy delivered or issued for delivery to any person in this state may contain provisions respecting the matters set forth ...

Nevada Revised Statutes Section 689A.190

Extended disability benefit. Any health insurance policy may contain a provision for payment not exceeding $500 as an extended disability benefit upon the insured’s death from any cause, which benefit ...

Nevada Revised Statutes Section 689A.200

Change of occupation. There may be a provision as follows:

Change of Occupation: If the insured be injured or contracts sickness after having changed his occupation to one ...

Nevada Revised Statutes Section 689A.210

Misstatement of age. There may be a provision as follows:

Misstatement of Age: If the age of the insured has been misstated, all amounts payable under this policy ...

Nevada Revised Statutes Section 689A.220

Coordination of benefits: Same insurer. There may be a provision as follows:

If an accident or sickness or accident and sickness policy or policies previously issued by the ...

Nevada Revised Statutes Section 689A.230

Coordination of benefits: All coverages.

1. There may be a provision as follows:

Coordination of Benefits: If, with respect to a person covered under this policy, benefits ...

Nevada Revised Statutes Section 689A.240

Relation of earnings to insurance.

1. There may be a provision as follows:

Relation of Earnings to Insurance: After the loss-of-time benefit of this policy has been ...

Nevada Revised Statutes Section 689A.250

Unpaid premiums. There may be a provision as follows:

Unpaid Premium: Upon the payment of a claim under this policy, any premium then due and unpaid or covered ...

Nevada Revised Statutes Section 689A.260

Conformity with state statutes. There may be a provision as follows:

Conformity with State Statutes: Any provision of this policy which, on its effective date is in conflict ...

Nevada Revised Statutes Section 689A.270

Illegal occupation. There may be a provision as follows:

Illegal Occupation: The insurer shall not be liable for any loss to which a contributing cause was the insured’s ...

Nevada Revised Statutes Section 689A.280

Intoxicants and narcotics.

1. There may be a provision as follows:

Intoxicants and Narcotics: The insurer is not liable for any loss sustained or contracted in consequence ...

Nevada Revised Statutes Section 689A.290

Renewability. Health insurance policies, other than accident insurance only policies, in which the insurer reserves the right to refuse renewal on an individual basis, shall provide in substance in a ...

Nevada Revised Statutes Section 689A.300

Order of certain provisions. The provisions which are the subject of NRS 689A.050 to 689A.290, inclusive, or any corresponding provisions which are used in lieu thereof in accordance with such ...

Nevada Revised Statutes Section 689A.310

Ownership of policy by person other than insured. The word “insured,” as used in this chapter, shall not be construed as preventing a person other than the insured with a ...

Nevada Revised Statutes Section 689A.320

Requirements of other jurisdictions.

1. Any policy of a foreign or alien insurer, when delivered or issued for delivery to any person in this state, may contain any provision ...

Nevada Revised Statutes Section 689A.330

Policies issued for delivery in another state. If any policy is issued by a domestic insurer for delivery to a person residing in another state, and if the insurance commissioner ...

Nevada Revised Statutes Section 689A.340

Limitation on provisions not subject to chapter; effect of violation.

1. No policy provision which is not subject to this chapter shall make a policy, or any portion thereof, ...

Nevada Revised Statutes Section 689A.350

Age limit. If any such policy contains a provision establishing, as an age limit or otherwise, a date after which the coverage provided by the policy will not be effective, ...

Nevada Revised Statutes Section 689A.360

Filing of rates. Each insurer issuing individual health insurance policies for delivery in this state shall, before use thereof, file with the Commissioner its premium rates and classification of risks ...

Nevada Revised Statutes Section 689A.370

Health insurance on franchise plan.

1. Health insurance on a franchise plan is hereby declared to be that form of health insurance issued to:

(a) Three or more ...

Nevada Revised Statutes Section 689A.380

Definitions of terms used in policies. As used in any policy of health insurance delivered, issued for delivery or used in this state, unless otherwise provided in the policy or ...

Nevada Revised Statutes Section 689A.390

Summary of coverage: Contents of disclosure; approval by Commissioner.

1. The Commissioner shall adopt regulations which require an insurer to file with the Commissioner, for his approval, a disclosure ...

Nevada Revised Statutes Section 689A.400

Summary of coverage: Copy to be provided before policy issued; policy may not be offered unless summary approved by Commissioner. An insurer shall provide each person to whom it offers ...

Nevada Revised Statutes Section 689A.405

Coverage for prescription drugs: Provision of notice and information regarding use of formulary.

1. An insurer that offers or issues a policy of health insurance which provides coverage for ...

Nevada Revised Statutes Section 689A.410

Approval or denial of claims; payment of claims and interest; requests for additional information; award of costs and attorney’s fees; compliance with requirements.

1. Except as otherwise provided in ...

Nevada Revised Statutes Section 689A.413

Insurer prohibited from denying coverage solely because person was victim of domestic violence. An insurer shall not deny a claim, refuse to issue a policy of health insurance or cancel ...

Nevada Revised Statutes Section 689A.417

Insurer prohibited from requiring or using information concerning genetic testing; exceptions.

1. Except as otherwise provided in subsection 2, an insurer who provides health insurance shall not:

(a) ...

Nevada Revised Statutes Section 689A.420

Definitions. As used in NRS 689A.420 to 689A.460, inclusive, unless the context otherwise requires:

1. “Medicaid” means a program established in any state pursuant to Title XIX of the ...

Nevada Revised Statutes Section 689A.430

Effect of eligibility for medical assistance under Medicaid; assignment of rights to state agency.

1. An insurer shall not, when considering eligibility for coverage or making payments under a ...

Nevada Revised Statutes Section 689A.440

Insurer prohibited from asserting certain grounds to deny enrollment of child of insured pursuant to order. An insurer shall not deny the enrollment of a child pursuant to an order ...

Nevada Revised Statutes Section 689A.450

Certain accommodations to be made when child is covered under policy of noncustodial parent. If a child has coverage under a policy of health insurance pursuant to which a noncustodial ...

Nevada Revised Statutes Section 689A.460

Insurer to authorize enrollment of child of parent who is required by order to provide medical coverage under certain circumstances; termination of coverage of child. If a parent is required ...

Nevada Revised Statutes Section 689A.470

Definitions. As used in NRS 689A.470 to 689A.740, inclusive, unless the context otherwise requires, the words and terms defined in NRS 689A.475 to 689A.605, inclusive, have the meanings ascribed to ...

Nevada Revised Statutes Section 689A.475

“Affiliated” defined. “Affiliated” means any entity or person who directly, or indirectly through one or more intermediaries, controls or is controlled by or is under common control with a specified ...

Nevada Revised Statutes Section 689A.480

“Basic health benefit plan” defined. “Basic health benefit plan” means the basic health benefit plan developed pursuant to NRS 689C.610 to 689C.980, inclusive. ...

Nevada Revised Statutes Section 689A.485

“Bona fide association” defined. “Bona fide association” means, with respect to health insurance coverage offered in this state, an association that:

1. Has been actively in existence for at ...

Nevada Revised Statutes Section 689A.490

“Church plan” defined. “Church plan” has the meaning ascribed to it in section 3(33) of the Employee Retirement Income Security Act of 1974, as that section existed on July 16, ...

Nevada Revised Statutes Section 689A.495

“Control” defined. “Control” has the meaning ascribed to it in NRS 692C.050. ...

Nevada Revised Statutes Section 689A.500

“Converted policy” defined. “Converted policy” means a basic or standard health benefit plan issued in accordance with NRS 689B.120 to 689B.210, inclusive, and 689B.590. ...

Nevada Revised Statutes Section 689A.505

“Creditable coverage” defined. “Creditable coverage” means, with respect to a person, health benefits or coverage provided pursuant to:

1. A group health plan;

2. A health benefit plan;

Nevada Revised Statutes Section 689A.510

“Dependent” defined. “Dependent” has the meaning ascribed to it in NRS 689C.055. ...

Nevada Revised Statutes Section 689A.515

“Eligible person” defined. “Eligible person” means:

1. A person:

(a) Who, as of the date on which he seeks coverage pursuant to this chapter, has an aggregate period ...

Nevada Revised Statutes Section 689A.520

“Established geographic service area” defined. “Established geographic service area” means a geographic area, as approved by the Commissioner and based on the certificate of authority of the carrier to transact ...

Nevada Revised Statutes Section 689A.525

“Geographic area” defined. “Geographic area” means an area established by the Commissioner for use in adjusting the rates for a health benefit plan. ...

Nevada Revised Statutes Section 689A.530

“Governmental plan” defined. “Governmental plan” has the meaning ascribed to it in section 3(32) of the Employee Retirement Income Security Act of 1974, as that section existed on July 16, ...

Nevada Revised Statutes Section 689A.535

“Group health plan” defined.

1. “Group health plan” means an employee welfare benefit plan, as defined in section 3(1) of the Employee Retirement Income Security Act of 1974, as ...

Nevada Revised Statutes Section 689A.540

“Health benefit plan” defined.

1. “Health benefit plan” means a policy, contract, certificate or agreement offered by a carrier to provide for, deliver payment for, arrange for the payment ...

Nevada Revised Statutes Section 689A.545

“Health status-related factor” defined. “Health status-related factor” means, with regard to a person who is or seeks to be insured:

1. Health status;

2. Any medical conditions, including ...

Nevada Revised Statutes Section 689A.550

“Individual carrier” defined. “Individual carrier” means any entity subject to the provisions of this title and the regulations adopted pursuant thereto, that contracts or offers to contract to provide for, ...

Nevada Revised Statutes Section 689A.555

“Individual health benefit plan” defined. “Individual health benefit plan” means:

1. A health benefit plan for individuals and their dependents, other than a converted policy or a plan for ...

Nevada Revised Statutes Section 689A.560

“Individual reinsuring carrier” defined. “Individual reinsuring carrier” means an individual carrier that is eligible to reinsure eligible persons in the Program of Reinsurance established pursuant to NRS 689C.610 to 689C.980, ...

Nevada Revised Statutes Section 689A.565

“Individual risk-assuming carrier” defined. “Individual risk-assuming carrier” means an individual carrier that has elected to act as a risk-assuming carrier. ...

Nevada Revised Statutes Section 689A.570

“Plan for coverage of a bona fide association” defined. “Plan for coverage of a bona fide association” means a health benefit plan for the members, and their dependents, of a ...

Nevada Revised Statutes Section 689A.575

“Plan of operation” defined. “Plan of operation” means the plan of operation of the Program of Reinsurance established pursuant to NRS 689C.610 to 689C.980, inclusive. ...

Nevada Revised Statutes Section 689A.580

“Plan sponsor” defined. “Plan sponsor” has the meaning ascribed to it in section 3(16)(B) of the Employee Retirement Security Act of 1974, as that section existed on July 16, 1997. ...

Nevada Revised Statutes Section 689A.585

“Preexisting condition” defined. “Preexisting condition” means a condition, regardless of the cause of the condition, for which medical advice, diagnosis, care or treatment was recommended or received during the 6 ...

Nevada Revised Statutes Section 689A.590

“Producer” defined. “Producer” means an agent or broker licensed pursuant to this Title. ...

Nevada Revised Statutes Section 689A.595

“Program of Reinsurance” defined. “Program of Reinsurance” means the Program of Reinsurance for Small Employers and Eligible Persons established pursuant to NRS 689C.740. ...

Nevada Revised Statutes Section 689A.600

“Provision for a restricted network” defined. “Provision for a restricted network” means any provision of a health benefit plan that conditions the payment of benefits, in whole or in part, ...

Nevada Revised Statutes Section 689A.605

“Standard health benefit plan” defined. “Standard health benefit plan” means a standard health benefit plan developed pursuant to NRS 689C.610 to 689C.980, inclusive. ...

Nevada Revised Statutes Section 689A.610

Applicability; ceding arrangement prohibited in certain circumstances.

1. NRS 689A.470 to 689A.740, inclusive, apply to:

(a) Any health benefit plan that must be made available to eligible ...

Nevada Revised Statutes Section 689A.615

Certain plan, fund or program to be treated as employee welfare benefit plan which is group health plan; partnership deemed employer of each partner. For the purposes of NRS 689A.470 ...

Nevada Revised Statutes Section 689A.620

Certain person with break in coverage deemed eligible person. A person who meets the requirements to be an eligible person as set forth in NRS 689A.515, except that the person ...

Nevada Revised Statutes Section 689A.625

Supplemental coverage not health benefit plan if individual carrier files annual certification with Commissioner. Supplemental coverage is not a health benefit plan if:

1. On or before March 1 ...

Nevada Revised Statutes Section 689A.630

Requirement to renew coverage at option of individual; exceptions; discontinuation of form of product of health benefit plan; discontinuation of health benefit plan available through bona fide association.

...

Nevada Revised Statutes Section 689A.635

Coverage offered through network plan not required to be offered to eligible person who does not reside or work in established geographic service area.

1. An individual carrier ...

Nevada Revised Statutes Section 689A.637

Coverage offered through plan that provides for restricted network: Contracts with certain federally qualified health centers.

1. An individual carrier that offers a health benefit plan that includes a ...

Nevada Revised Statutes Section 689A.640

Each health benefit plan marketed in this state required to be offered to eligible persons.

1. As a condition of transacting insurance in this state with individuals, an ...

Nevada Revised Statutes Section 689A.645

Coverage to eligible person who does not reside in established geographic service area not required; coverage within certain areas not required. An individual carrier is not required pursuant to NRS ...

Nevada Revised Statutes Section 689A.650

Coverage to eligible persons not required under certain circumstances; notice to Commissioner of and prohibition on writing new business after election not to offer new coverage required.

1. ...

Nevada Revised Statutes Section 689A.655

Requirement to file basic and standard health benefit plans with Commissioner; disapproval of plan.

1. Each individual carrier shall file with the Commissioner within 90 days after the ...

Nevada Revised Statutes Section 689A.660

Prohibited acts concerning preexisting conditions; modification of health benefit plan. An individual carrier shall not:

1. Impose on an eligible person who is covered under a basic or standard ...

Nevada Revised Statutes Section 689A.665

Certain health carriers not required to offer health benefit insurance coverage to individuals. Nothing in NRS 689A.640 to 689A.660, inclusive, requires a health carrier that offers a health benefit plan ...

Nevada Revised Statutes Section 689A.670

Election to operate as individual risk-assuming carrier or individual reinsuring carrier: Notice to Commissioner; effective date; change in status.

1. Within 30 days after the date on which ...

Nevada Revised Statutes Section 689A.675

Election to act as individual risk-assuming carrier: Suspension by Commissioner; applicable statutes.

1. The Commissioner may suspend the election of an individual carrier to act as an individual ...

Nevada Revised Statutes Section 689A.680

Rates for individual health benefit plans to be developed based on rating characteristics: Prohibited characteristics; health status as rating factor.

1. An individual carrier shall develop its rates ...

Nevada Revised Statutes Section 689A.685

Amount of change in rate of single block of business; plan with provision for restricted network; involuntary transfer of individual or dependent prohibited; premiums adjusted for block of business.

Nevada Revised Statutes Section 689A.690

Information required to be disclosed as part of solicitation and sales materials; information required to be maintained at place of business; actuarial certification required to be filed with Commissioner.

Nevada Revised Statutes Section 689A.695

Information and documents to be made available to Commissioner; proprietary information. An individual carrier shall make the information and documents described in NRS 689A.680 to 689A.700, inclusive, available to the ...

Nevada Revised Statutes Section 689A.700

Regulations regarding rates. The Commissioner may adopt regulations to carry out the provisions of NRS 689A.680 to 689A.700, inclusive, and to ensure that the practices used by individual carriers relating ...

Nevada Revised Statutes Section 689A.705

Regulations concerning reissuance of health benefit plan. The Commissioner may adopt regulations to require an individual carrier, as a condition of transacting business with individuals in this state after July ...

Nevada Revised Statutes Section 689A.710

Prohibited acts; denial of application for coverage; regulations; violation may constitute unfair trade practice; applicability of section.

1. Except as otherwise provided in this section, an individual carrier ...

Nevada Revised Statutes Section 689A.715

Requirements for employee welfare benefit plan for providing benefits for employees of more than one employer.

1. An employee welfare benefit plan for providing benefits for employees of ...

Nevada Revised Statutes Section 689A.720

Written certification of coverage required for determining period of creditable coverage accumulated by person; provision of certificate to insured.

1. To determine the period of creditable coverage of ...

Nevada Revised Statutes Section 689A.725

Requirements for plan for coverage. For the purposes of NRS 689A.470 to 689A.740, inclusive, a plan for coverage of a bona fide association must:

1. Conform with NRS 689A.680 ...

Nevada Revised Statutes Section 689A.730

Producer may only sign up eligible persons if eligible persons are actively engaged in or related to association. For the purposes of providing coverage under a health benefit plan pursuant ...

Nevada Revised Statutes Section 689A.735

Report to Commissioner by trustee of medical savings account. On or before July 1 of each year, a trustee of a medical savings account established and maintained in accordance with ...

Nevada Revised Statutes Section 689A.740

Regulations. The Commissioner shall adopt regulations as necessary to carry out the provisions of NRS 689A.470 to 689A.740, inclusive. ...

Nevada Revised Statutes Section 689A.745

Approval; requirements; examination.

1. Except as otherwise provided in subsection 4, each insurer that issues a policy of health insurance in this State shall establish a system for resolving ...

Nevada Revised Statutes Section 689A.750

Annual report; insurer to maintain records of complaints concerning something other than health care services.

1. Each insurer that issues a policy of health insurance in this State ...

Nevada Revised Statutes Section 689A.755

Written notice to insured explaining right to file complaint; notice to insured required when insurer denies coverage of health care service.

1. Following approval by the Commissioner, each ...

Nevada Revised Statutes Section 689B.010

Short title; scope.

1. This chapter may be cited as the Group or Blanket Health Insurance Law.

2. This chapter applies only to group health insurance contracts and ...

Nevada Revised Statutes Section 689B.015

Contracts between insurer and provider of health care: Prohibiting insurer from charging provider of health care fee for inclusion on list of providers given to insureds; form to obtain information ...

Nevada Revised Statutes Section 689B.020

“Group health insurance” defined; eligible groups and benefits.

1. “Group health insurance” is hereby declared to be that form of health insurance covering groups of two or more persons, ...

Nevada Revised Statutes Section 689B.026

Delivery of policy to group formed to purchase health insurance prohibited; exception.

1. Except as otherwise provided in this section, no policy of group health insurance may be delivered ...

Nevada Revised Statutes Section 689B.027

Summary of coverage: Contents of disclosure; approval by Commissioner; copy to be made available to employer or producer acting on behalf of employer.

1. The Commissioner shall adopt regulations ...

Nevada Revised Statutes Section 689B.028

Summary of coverage: Copy to be provided before policy issued; policy may not be offered unless summary approved by Commissioner. An insurer shall provide to the group policyholder to whom ...

Nevada Revised Statutes Section 689B.0283

Coverage for prescription drugs: Provision of notice and information regarding use of formulary.

1. An insurer that offers or issues a policy of group health insurance which provides coverage ...

Nevada Revised Statutes Section 689B.0285

System for resolving complaints: Approval; requirements; examination.

1. Except as otherwise provided in subsection 4, each insurer that issues a policy of group health insurance in this State shall ...

Nevada Revised Statutes Section 689B.029

Annual report regarding system for resolving complaints; insurer to maintain records of complaints concerning something other than health care services.

1. Each insurer that issues a policy of ...

Nevada Revised Statutes Section 689B.0295

Written notice to insured explaining right to file complaint; notice to insured required when insurer denies coverage of health care service.

1. Following approval by the Commissioner, each ...

Nevada Revised Statutes Section 689B.030

Required provisions. Each group health insurance policy must contain in substance the following provisions:

1. A provision that, in the absence of fraud, all statements made by applicants or ...

Nevada Revised Statutes Section 689B.0303

Required provision concerning coverage for continued medical treatment.

1. The provisions of this section apply to a policy of group health insurance offered or issued by an insurer if ...

Nevada Revised Statutes Section 689B.0306

Required provision concerning coverage for treatment received as part of clinical trial or study.

1. A policy of group health insurance must provide coverage for medical treatment which a ...

Nevada Revised Statutes Section 689B.031

Required provision concerning coverage of certain gynecological or obstetrical services without authorization or referral from primary care physician.

1. A policy of group health insurance must include a provision ...

Nevada Revised Statutes Section 689B.033

Required provision concerning coverage for newly born and adopted children and children placed for adoption.

1. All group health insurance policies providing coverage on an expense-incurred basis and all ...

Nevada Revised Statutes Section 689B.034

Required provision concerning effect of benefits under other valid group coverage; subrogation.

1. Every policy of group health insurance must contain a provision which reduces the insurer’s liability because ...

Nevada Revised Statutes Section 689B.0345

Required provision concerning coverage for employee or member on leave without pay as result of total disability.

1. As used in this section, “total disability” and “totally disabled” mean ...

Nevada Revised Statutes Section 689B.035

Required provision concerning termination of coverage on dependent child.

1. A group health insurance policy delivered or issued for delivery after November 1, 1973, which provides for the termination ...

Nevada Revised Statutes Section 689B.0353

Required provision concerning coverage for treatment of certain inherited metabolic diseases.

1. A policy of group health insurance must provide coverage for:

(a) Enteral formulas for use at ...

Nevada Revised Statutes Section 689B.0357

Required provision concerning coverage for management and treatment of diabetes.

1. No group policy of health insurance that provides coverage for hospital, medical or surgical expenses may be delivered ...

Nevada Revised Statutes Section 689B.0359

Required provision concerning coverage for treatment of conditions relating to severe mental illness.

1. Notwithstanding any provisions of this title to the contrary, a policy of group health insurance ...

Nevada Revised Statutes Section 689B.036

Required provision concerning benefits for treatment of abuse of alcohol or drugs.

1. The benefits provided by a group policy for health insurance, as required in subsection 5 of ...

Nevada Revised Statutes Section 689B.0365

Required provision concerning coverage for use of certain drugs for treatment of cancer. Except as otherwise provided in NRS 689B.0306:

1. No group policy of health insurance that provides ...

Nevada Revised Statutes Section 689B.0367

Required provision concerning coverage for screening for colorectal cancer.

1. A policy of group health insurance that provides coverage for the treatment of colorectal cancer must provide coverage for ...

Nevada Revised Statutes Section 689B.0368

Required provision concerning coverage for prescription drug previously approved for medical condition of insured.

1. Except as otherwise provided in this section, a policy of group health insurance which ...

Nevada Revised Statutes Section 689B.0374

Required provision concerning coverage for cytologic screening tests and mammograms for certain women.

1. A policy of group health insurance must provide coverage for benefits payable for expenses incurred ...

Nevada Revised Statutes Section 689B.0375

Required provision concerning coverage relating to mastectomy.

1. A policy of group health insurance which provides coverage for the surgical procedure known as a mastectomy must also provide commensurate ...

Nevada Revised Statutes Section 689B.0376

Policy covering prescription drugs or devices to provide coverage for drug or device for contraception and of hormone replacement therapy in certain circumstances; prohibited actions by insurer; exceptions.

1. ...

Nevada Revised Statutes Section 689B.0377

Policy covering outpatient care to provide coverage for health care services related to contraceptives and hormone replacement therapy; prohibited actions by insurer; exceptions.

1. Except as otherwise provided in ...

Nevada Revised Statutes Section 689B.0379

Required provision concerning coverage for treatment of temporomandibular joint.

1. Except as otherwise provided in this section, no policy of group health insurance may be delivered or issued for ...

Nevada Revised Statutes Section 689B.038

Reimbursement for treatments by licensed psychologist. If any policy of group health insurance provides coverage for treatment of an illness which is within the authorized scope of the practice of ...

Nevada Revised Statutes Section 689B.0383

Reimbursement for treatments by licensed marriage and family therapist. If any policy of group health insurance provides coverage for treatment of an illness which is within the authorized scope of ...

Nevada Revised Statutes Section 689B.0385

Reimbursement for treatments by licensed associate in social work, social worker, independent social worker or clinical social worker. If any policy of group health insurance provides coverage for treatment of ...

Nevada Revised Statutes Section 689B.039

Reimbursement for treatments by chiropractor.

1. If any group policy of health insurance provides coverage for treatment of an illness which is within the authorized scope of practice of ...

Nevada Revised Statutes Section 689B.040

Direct payment for hospital and medical services and home health care; payment to assignee.

1. Any group health policy may provide that all or any portion of any indemnities ...

Nevada Revised Statutes Section 689B.045

Reimbursement for services provided by certain nurses; prohibited limitations; exception.

1. If any group policy of health insurance provides coverage for services which are within the authorized scope of ...

Nevada Revised Statutes Section 689B.047

Reimbursement to provider of medical transportation.

1. Except as otherwise provided in subsection 3, every policy of group health insurance amended, delivered or issued for delivery in this state ...

Nevada Revised Statutes Section 689B.049

Reimbursement for acupuncture. If any policy of group health insurance provides coverage for acupuncture performed by a physician, the insured is entitled to reimbursement for acupuncture performed by a person ...

Nevada Revised Statutes Section 689B.050

Extended disability benefit. Any group health policy may provide for payment not exceeding three times the amount of the monthly benefit under the policy as an extended disability benefit upon ...

Nevada Revised Statutes Section 689B.060

Readjustment of premiums; dividends.

1. Any contract of group health insurance may provide for the readjustment of the rate of premium based upon the experience thereunder. If a policy ...

Nevada Revised Statutes Section 689B.061

Limitations on deductibles and copayments charged under policy which offers difference of payment between preferred providers of health care and providers who are not preferred. A policy of group health ...

Nevada Revised Statutes Section 689B.063

Primary and secondary policies: Determination of benefits.

1. When a policy of group insurance is primary, its benefits are determined before those of another policy and the benefits of ...

Nevada Revised Statutes Section 689B.064

Primary and secondary policies: Order of benefits. A policy of group insurance determines its order of benefits using the first of the following which applies:

1. A policy that ...

Nevada Revised Statutes Section 689B.065

Policy issued to replace discontinued policy or coverage: Requirements; notice of reduction of benefits; statement of benefits; applicability of section.

1. A policy of group health insurance issued to ...

Nevada Revised Statutes Section 689B.067

Provision in policy requiring binding arbitration for disputes with insurer authorized; procedure for arbitration; declaratory relief.

1. Except as otherwise provided in NRS 689B.270 and subject to the approval ...

Nevada Revised Statutes Section 689B.068

Insurer prohibited from denying coverage solely because person was victim of domestic violence. An insurer shall not deny a claim, refuse to issue a policy of group health insurance or ...

Nevada Revised Statutes Section 689B.069

Insurer prohibited from requiring or using information concerning genetic testing; exceptions.

1. Except as otherwise provided in subsection 2, an insurer who provides group health insurance shall not:

...

Nevada Revised Statutes Section 689B.070

“Blanket accident and health insurance” defined. “Blanket accident and health insurance” is that form of accident insurance, health insurance, or both, covering groups of persons as enumerated in one of ...

Nevada Revised Statutes Section 689B.080

Authority to issue; required provisions. Any insurer authorized to write health insurance in this state, including a nonprofit corporation for hospital, medical or dental services that has a certificate of ...

Nevada Revised Statutes Section 689B.090

Application and certificates.

1. An individual application need not be required from a person covered under a blanket health policy or contract, nor shall it be necessary for the ...

Nevada Revised Statutes Section 689B.100

Payment of benefits.

1. Except as provided in subsection 2, all benefits under any blanket health policy or contract must be payable to the person insured, or to his ...

Nevada Revised Statutes Section 689B.110

Legal liability of policyholders for death of or injury to insured member unaffected. Nothing contained in NRS 689B.070 to 689B.100, inclusive, shall be deemed to affect the legal liability of ...

Nevada Revised Statutes Section 689B.115

Access by Commissioner to information concerning rates; confidentiality of information. An insurer providing blanket health insurance shall make all information concerning rates available to the Commissioner upon request. The information ...

Nevada Revised Statutes Section 689B.120

Policies of group health insurance to contain provision for conversion; exceptions; conditions.

1. Except as otherwise provided in subsection 3, all policies of group health insurance delivered or issued ...

Nevada Revised Statutes Section 689B.130

Conversion privilege available to spouse and children; conditions. Subject to the conditions set forth in NRS 689B.120 to 689B.210, inclusive, the conversion privilege must also be made available:

1. ...

Nevada Revised Statutes Section 689B.140

Denial of converted policy because of overinsurance; notice concerning cancellation of other coverage.

1. The insurer is not required to issue a converted policy to any person who:

...

Nevada Revised Statutes Section 689B.150

Choice of plans for converted policy. A person who is entitled to a converted policy must be given his choice of a basic or standard health benefit plan in the ...

Nevada Revised Statutes Section 689B.170

Benefits payable under converted policy may be reduced by amount payable under group policy.

1. A converted policy must not exclude a preexisting condition not excluded by the group ...

Nevada Revised Statutes Section 689B.180

Issuance and effective date of converted policy; premiums; persons covered. The insurer shall:

1. Issue the converted policy, as described in NRS 689B.590, without evidence of insurability;

2. ...

Nevada Revised Statutes Section 689B.190

Renewal of converted policy: Request for information on sources of other benefits; grounds for refusal to renew; notice concerning cancellation of other coverage.

1. A converted policy issued under ...

Nevada Revised Statutes Section 689B.200

Notice of conversion privilege. A notification of the conversion privilege must be included in each certificate of coverage. A written notice of the existence of the conversion privilege must also ...

Nevada Revised Statutes Section 689B.210

Converted policy delivered outside Nevada: Form. A converted policy which is to be delivered outside this state must be in such form as would be deliverable in the other jurisdiction ...

Nevada Revised Statutes Section 689B.245

Required provision concerning continuation of coverage.

1. If an employer who employs less than 20 employees maintains a policy of group health insurance which covers those employees, the policy ...

Nevada Revised Statutes Section 689B.246

Notice of eligibility or election to continue coverage.

1. An employee, spouse or dependent child shall notify the employer that he is eligible to continue his coverage pursuant to ...

Nevada Revised Statutes Section 689B.247

Payment of premium for continued coverage.

1. Any person who elects to continue coverage pursuant to NRS 689B.245 shall pay the premium for that coverage in an amount not ...

Nevada Revised Statutes Section 689B.248

New insurer to provide continued coverage. If an employer changes his insurer during a period of a person’s continued coverage, the new insurer shall provide continued coverage for that person ...

Nevada Revised Statutes Section 689B.249

Termination of continued coverage before end of period. Continued coverage pursuant to NRS 689B.245 ceases before the end of the period provided in that section if:

1. The employer ...

Nevada Revised Statutes Section 689B.250

Acceptance of uniform forms for billing and claims. Every insurer under a group health insurance contract or a blanket accident and health insurance contract and every state agency, for its ...

Nevada Revised Statutes Section 689B.255

Approval or denial of claims; payment of claims and interest; requests for additional information; award of costs and attorney’s fees; compliance with requirements.

1. Except as otherwise provided in ...

Nevada Revised Statutes Section 689B.260

Required provision concerning coverage relating to complications of pregnancy.

1. No group health or blanket health policy may be delivered or issued for delivery in this state if it ...

Nevada Revised Statutes Section 689B.270

Required procedure for arbitration of disputes concerning independent medical evaluations.

1. Each policy of group or blanket health insurance must include a procedure for binding arbitration to resolve disputes ...

Nevada Revised Statutes Section 689B.275

Contents, approval and provision of summary of coverage; provision of information about guaranteed availability of certain plans for benefits.

1. An insurer shall provide to each policyholder, or producer ...

Nevada Revised Statutes Section 689B.280

Disclosure of information concerning medication of insured prohibited.

1. Except as otherwise provided in subsection 2, an insurer or any agent or employee of an insurer who delivers or ...

Nevada Revised Statutes Section 689B.290

Definitions. As used in NRS 689B.290 to 689B.330, inclusive, unless the context otherwise requires:

1. “Medicaid” means a program established in any state pursuant to Title XIX of the ...

Nevada Revised Statutes Section 689B.300

Effect of eligibility for medical assistance under Medicaid; assignment of rights to state agency.

1. An insurer shall not, when considering eligibility for coverage or making payments under a ...

Nevada Revised Statutes Section 689B.310

Insurer prohibited from asserting certain grounds to deny enrollment of child of insured pursuant to order. An insurer shall not deny the enrollment of a child pursuant to an order ...

Nevada Revised Statutes Section 689B.320

Certain accommodations to be made when child is covered under policy of noncustodial parent. If a child has coverage under a group health policy pursuant to which a noncustodial parent ...

Nevada Revised Statutes Section 689B.330

Insurer to authorize enrollment of child of parent who is required by order to provide medical coverage for child. If a parent is required by an order for medical coverage ...

Nevada Revised Statutes Section 689B.340

Definitions. As used in NRS 689B.340 to 689B.590, inclusive, unless the context otherwise requires, the words and terms defined in NRS 689B.350 to 689B.460, inclusive, have the meanings ascribed to ...

Nevada Revised Statutes Section 689B.350

“Affiliation period” defined. “Affiliation period” means a period not to exceed 60 days for new enrollees and 90 days for late enrollees during which no premiums may be collected from, ...

Nevada Revised Statutes Section 689B.355

“Blanket accident and health insurance” defined. “Blanket accident and health insurance” has the meaning ascribed to it in NRS 689B.070. ...

Nevada Revised Statutes Section 689B.360

“Carrier” defined. “Carrier” means any person who provides health insurance in this state, including a fraternal benefit society, a health maintenance organization, a nonprofit hospital and health service corporation, a ...

Nevada Revised Statutes Section 689B.370

“Contribution” defined. “Contribution” means the minimum employer contribution toward the premium for enrollment of participants and beneficiaries in a health benefit plan. ...

Nevada Revised Statutes Section 689B.380

“Creditable coverage” defined. “Creditable coverage” means health benefits or coverage provided to a person pursuant to:

1. A group health plan;

2. A health benefit plan;

3. ...

Nevada Revised Statutes Section 689B.390

“Group health plan” defined.

1. “Group health plan” means an employee welfare benefit plan, as defined in section 3(1) of the Employee Retirement Income Security Act of 1974, as ...

Nevada Revised Statutes Section 689B.400

“Group participation” defined. “Group participation” means the minimum number of participants or beneficiaries that must be enrolled in a health benefit plan in relation to a specified percentage or number ...

Nevada Revised Statutes Section 689B.410

“Health benefit plan” defined.

1. “Health benefit plan” means a policy, contract, certificate or agreement offered by a carrier to provide for, arrange for the payment of, pay for ...

Nevada Revised Statutes Section 689B.420

“Health status-related factor” defined. “Health status-related factor” means, with regard to an insured or a person to be insured:

1. Health status;

2. Any medical conditions, including physical ...

Nevada Revised Statutes Section 689B.430

“Open enrollment” defined. “Open enrollment” means the period designated for enrollment in a health benefit plan. ...

Nevada Revised Statutes Section 689B.440

“Plan sponsor” defined. “Plan sponsor” has the meaning ascribed to it in section 3(16)(B) of the Employee Retirement Income Security Act of 1974, as that section existed on July 16, ...

Nevada Revised Statutes Section 689B.450

“Preexisting condition” defined. “Preexisting condition” means a condition, regardless of the cause of the condition, for which medical advice, diagnosis, care or treatment was recommended or received during the 6 ...

Nevada Revised Statutes Section 689B.460

“Waiting period” defined. “Waiting period” means the period established by a plan of health insurance that must pass before a person who is an eligible participant or beneficiary in a ...

Nevada Revised Statutes Section 689B.470

Certain plan, fund or program to be treated as employee welfare benefit plan which is group health plan; partnership deemed employer of each partner. For the purposes of NRS 689B.340 ...

Nevada Revised Statutes Section 689B.480

Determination of applicable creditable coverage of person; determination of period of creditable coverage of person; required statement.

1. In determining the applicable creditable coverage of a person for ...

Nevada Revised Statutes Section 689B.490

Written certification of coverage required for purpose of determining period of creditable coverage accumulated by person.

1. For the purpose of determining the period of creditable coverage of ...

Nevada Revised Statutes Section 689B.500

Coverage of preexisting conditions; when health maintenance organization may require affiliation period.

1. Except as otherwise provided in this section, a carrier that issues a group health plan or ...

Nevada Revised Statutes Section 689B.510

Carrier authorized to modify coverage for insurance product under certain circumstances. A carrier may modify the health insurance coverage for a product offered pursuant to a group health plan by ...

Nevada Revised Statutes Section 689B.520

Group plan or coverage that includes coverage for maternity care and pediatric care: Required to allow minimum stay in hospital in connection with childbirth; prohibited acts.

1. Except ...

Nevada Revised Statutes Section 689B.530

Carrier required to permit eligible employee or dependent of employee to enroll for coverage under certain circumstances. A carrier offering group health insurance shall permit an employee or a dependent ...

Nevada Revised Statutes Section 689B.540

Manner and period for enrollment of dependent of covered employee; period of special enrollment.

1. A carrier that offers group health insurance which makes coverage available to the ...

Nevada Revised Statutes Section 689B.550

Carrier prohibited from imposing restriction on participation inconsistent with chapter; restrictions on rules of eligibility that may be established; premiums to be equitable.

1. A carrier shall not place ...

Nevada Revised Statutes Section 689B.560

Carrier required to renew coverage at option of plan sponsor; exceptions; discontinuation of form of product of group health insurance; discontinuation of group health insurance through bona fide association.

Nevada Revised Statutes Section 689B.570

Carrier that offers coverage through network plan not required to offer coverage to employer that does not employ enrollees who reside or work in geographic area for which carrier is ...

Nevada Revised Statutes Section 689B.575

Carrier that offers coverage through network plan: Contracts with certain federally qualified health centers.

1. A carrier that offers coverage through a network plan shall use its best efforts ...

Nevada Revised Statutes Section 689B.580

Plan sponsor of governmental plan authorized to elect to exclude governmental plan from compliance with certain statutes; duties of plan sponsor.

1. A plan sponsor of a governmental ...

Nevada Revised Statutes Section 689B.590

Converted policies: Carrier may only offer choice of basic and standard plans; election of basic or standard plan; premium; rates must be same for persons with similar case characteristics; losses ...

Nevada Revised Statutes Section 689C.015

Definitions. Except as otherwise provided in this chapter, as used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 689C.017 to 689C.106, inclusive, have ...

Nevada Revised Statutes Section 689C.017

“Affiliated” defined. “Affiliated” means any entity or person who directly, or indirectly through one or more intermediaries, controls or is controlled by or is under common control with a specified ...

Nevada Revised Statutes Section 689C.019

“Affiliation period” defined. “Affiliation period” means a period, not to exceed 60 days for new enrollees and 90 days for late enrollees, during which no premiums may be collected from, ...

Nevada Revised Statutes Section 689C.021

“Basic health benefit plan” defined. “Basic health benefit plan” means the basic health benefit plan developed pursuant to NRS 689C.610 to 689C.980, inclusive. ...

Nevada Revised Statutes Section 689C.023

“Bona fide association” defined. “Bona fide association” has the meaning ascribed to it in NRS 689A.485. ...

Nevada Revised Statutes Section 689C.025

“Carrier” defined. “Carrier” means any person who provides health insurance in this state, including a fraternal benefit society, a health maintenance organization, a nonprofit hospital and health service corporation, a ...

Nevada Revised Statutes Section 689C.035

“Characteristics” defined. “Characteristics” means demographic or other information concerning a small employer that is considered by a carrier in the determination of premium rates for the small employer, except claim ...

Nevada Revised Statutes Section 689C.045

“Class of business” defined. “Class of business” means all or a distinct grouping of small employers as shown in the records of a carrier serving small employers. ...

Nevada Revised Statutes Section 689C.047

“Control” defined. “Control” has the meaning ascribed to it in NRS 692C.050. ...

Nevada Revised Statutes Section 689C.051

“Converted policy” defined. “Converted policy” means a basic or standard health benefit plan issued in accordance with NRS 689C.610 to 689C.980, inclusive. ...

Nevada Revised Statutes Section 689C.053

“Creditable coverage” defined. “Creditable coverage” means health benefits or coverage provided to a person pursuant to:

1. A group health plan;

2. A health benefit plan;

3. ...

Nevada Revised Statutes Section 689C.055

“Dependent” defined. “Dependent” means a spouse or:

1. An unmarried child under 19 years of age;

2. An unmarried child who is a full-time student under 24 years ...

Nevada Revised Statutes Section 689C.065

“Eligible employee” defined. “Eligible employee” means a permanent employee who has a regular working week of 30 or more hours. The term includes a sole proprietor or a partner of ...

Nevada Revised Statutes Section 689C.067

“Established geographic service area” defined. “Established geographic service area” means a geographic area, as approved by the Commissioner and based on the certificate of authority of the carrier to transact ...

Nevada Revised Statutes Section 689C.071

“Geographic area” defined. “Geographic area” means an area established by the Commissioner for use in adjusting the rates for a health benefit plan. ...

Nevada Revised Statutes Section 689C.073

“Group health plan” defined.

1. “Group health plan” means an employee welfare benefit plan, as defined in section 3(1) of the Employee Retirement Income Security Act of 1974, as ...

Nevada Revised Statutes Section 689C.075

“Health benefit plan” defined.

1. “Health benefit plan” means a policy or certificate for hospital or medical expenses, a contract for dental, hospital or medical services, or a ...

Nevada Revised Statutes Section 689C.076

“Health status-related factor” defined. “Health status-related factor” means, with regard to a person who is or seeks to be insured:

1. Health status;

2. Any medical conditions, including ...

Nevada Revised Statutes Section 689C.077

“Network plan” defined. “Network plan” means a health benefit plan offered by a health carrier under which the financing and delivery of medical care, including items and services paid for ...

Nevada Revised Statutes Section 689C.078

“Open enrollment” defined. “Open enrollment” means the period designated for enrollment in a health benefit plan. ...

Nevada Revised Statutes Section 689C.079

“Plan for coverage of a bona fide association” defined. “Plan for coverage of a bona fide association” has the meaning ascribed to it in NRS 689A.570. ...

Nevada Revised Statutes Section 689C.081

“Plan sponsor” defined. “Plan sponsor” has the meaning ascribed to it in section 3(16)(B) of the Employee Retirement Income Security Act of 1974, as that section existed on July 16, ...

Nevada Revised Statutes Section 689C.082

“Preexisting condition” defined. “Preexisting condition” means a condition, regardless of the cause of the condition, for which medical advice, diagnosis, care or treatment was recommended or received during the 6 ...

Nevada Revised Statutes Section 689C.083

“Producer” defined. “Producer” means an agent or broker licensed pursuant to this title. ...

Nevada Revised Statutes Section 689C.084

“Program of Reinsurance” defined. “Program of Reinsurance” means the Program of Reinsurance for Small Employers and Eligible Persons established pursuant to NRS 689C.740. ...

Nevada Revised Statutes Section 689C.085

“Rating period” defined. “Rating period” means the period for which premium rates established by a carrier are assumed to be in effect. ...

Nevada Revised Statutes Section 689C.089

“Risk-assuming carrier” defined. “Risk-assuming carrier” means a small employer carrier that has elected to act as a risk-assuming carrier. ...

Nevada Revised Statutes Section 689C.095

“Small employer” defined.

1. “Small employer” means, with respect to a calendar year and a plan year, an employer who employed on business days during the preceding calendar year ...

Nevada Revised Statutes Section 689C.099

“Standard health benefit plan” defined. “Standard health benefit plan” means a standard health benefit plan developed pursuant to NRS 689C.610 to 689C.980, inclusive. ...

Nevada Revised Statutes Section 689C.105

“Supplemental coverage” defined. Supplemental coverage is not a health benefit plan if:

1. The carrier files on or before March 1 of each year a certification with the Commissioner ...

Nevada Revised Statutes Section 689C.106

“Waiting period” defined. “Waiting period” means the period established by a plan of health insurance that must pass before a person who is an eligible participant or beneficiary in a ...

Nevada Revised Statutes Section 689C.1065

Applicability. The provisions of this chapter apply to health benefit plans that provide coverage to the employees of small employers in this state and to carriers that offer those health ...

Nevada Revised Statutes Section 689C.107

Affiliated carriers deemed one carrier in certain circumstances; affiliated carrier that is health maintenance organization considered separate carrier; ceding arrangement prohibited in certain circumstances.

1. For the purposes of ...

Nevada Revised Statutes Section 689C.109

Certain plan, fund or program to be treated as employee welfare benefit plan which is group health plan; partnership deemed employer of each partner. For the purposes of this chapter:

Nevada Revised Statutes Section 689C.111

Determination of whether employer is small or large; applicability of provisions after employer is deemed large.

1. If an employer was not in existence throughout the entire preceding calendar ...

Nevada Revised Statutes Section 689C.113

Requirements for employee welfare benefit plan for providing benefits for employees of more than one employer.

1. An employee welfare benefit plan for providing benefits for employees of more ...

Nevada Revised Statutes Section 689C.115

Mandatory and optional coverage.

1. A health benefit plan offered by a carrier pursuant to this chapter must include coverage of basic medical and hospital care.

2. In ...

Nevada Revised Statutes Section 689C.125

Rating factors for determining premiums.

1. A carrier serving small employers shall apply rating factors, including characteristics, consistently with respect to all small employers in a class of business. ...

Nevada Revised Statutes Section 689C.135

Effect of provision in health benefit plan for restricted network on determination of rates.

1. For the purposes of determining rates charged for health benefit plans, a health benefit ...

Nevada Revised Statutes Section 689C.145

Characteristics that carrier may use to determine rating factors for establishing premiums. In determining the rating factors for establishing the premiums for a health benefit plan, a carrier serving small ...

Nevada Revised Statutes Section 689C.155

Regulations. The Commissioner may adopt regulations to carry out the provisions of NRS 689C.107 to 689C.145, inclusive, 689C.156 to 689C.159, inclusive, 689C.165, 689C.183, 689C.187, 689C.191 to 689C.198, inclusive, 689C.203, 689C.207, ...

Nevada Revised Statutes Section 689C.156

Each health benefit plan marketed in this State required to be offered to small employers.

1. As a condition of transacting business in this State with small employers, a ...

Nevada Revised Statutes Section 689C.1565

Coverage to small employers not required under certain circumstances; notice to Commissioner of and prohibition on writing new business after election not to offer new coverage required.

1. A ...

Nevada Revised Statutes Section 689C.157

Requirement to file basic and standard health benefit plans with Commissioner; disapproval of plan.

1. Each carrier shall file with the Commissioner, in a format and manner prescribed by ...

Nevada Revised Statutes Section 689C.158

Producer may only sign up small employers and eligible employees in bona fide associations if employers and employees are actively engaged in or related to bona fide association. For the ...

Nevada Revised Statutes Section 689C.159

Certain provisions inapplicable to plan that carrier makes available only through bona fide association. The provisions of NRS 689C.156, 689C.157 and 689C.190 do not apply to health benefit plans offered ...

Nevada Revised Statutes Section 689C.160

Carrier must uniformly apply requirements to determine whether to provide coverage. The requirements used by a carrier serving small employers to determine whether to provide coverage to a small employer, ...

Nevada Revised Statutes Section 689C.165

Carrier prohibited from modifying plan to restrict or exclude coverage for certain services. Except as otherwise provided in NRS 689C.170 and 689C.180, a carrier shall not modify a health benefit ...

Nevada Revised Statutes Section 689C.168

Coverage for prescription drug previously approved for medical condition of insured.

1. Except as otherwise provided in this section, a health benefit plan which provides coverage for prescription drugs ...

Nevada Revised Statutes Section 689C.170

Authorized variation of minimum participation and contributions; denial of coverage based on industry prohibited.

1. A carrier serving small employers may vary the application of requirements for minimum participation ...

Nevada Revised Statutes Section 689C.180

Carrier to offer same coverage to all eligible employees; denial of coverage to otherwise eligible employee.

1. If a carrier serving small employers offers coverage to a small employer, ...

Nevada Revised Statutes Section 689C.183

Plan and carrier required to permit employee or dependent of employee to enroll for coverage under certain circumstances. A health benefit plan and a carrier offering such a plan shall ...

Nevada Revised Statutes Section 689C.187

Manner and period for enrolling dependent of covered employee; period of special enrollment.

1. A health benefit plan and a carrier of such a plan that makes coverage available ...

Nevada Revised Statutes Section 689C.190

Coverage of preexisting conditions; period of exclusion for preexisting condition; when health maintenance organization may require affiliation period.

1. Except as otherwise provided in this section, a carrier serving ...

Nevada Revised Statutes Section 689C.191

Determination of applicable creditable coverage of person; determining period of creditable coverage of person; required statement.

1. In determining the applicable creditable coverage of a person for the purposes ...

Nevada Revised Statutes Section 689C.192

Written certification of coverage required for purpose of determining period of creditable coverage accumulated by person.

1. For the purposes of determining the period of creditable coverage of a ...

Nevada Revised Statutes Section 689C.193

Carrier prohibited from imposing restriction on participation inconsistent with certain sections; restrictions on rules of eligibility that may be established; premiums to be equitable.

1. A carrier shall not ...

Nevada Revised Statutes Section 689C.194

Plan that includes coverage for maternity and pediatric care: Required to allow minimum stay in hospital in connection with childbirth; prohibited acts.

1. Except as otherwise provided in this ...

Nevada Revised Statutes Section 689C.196

Insurer prohibited from denying coverage solely because person was victim of domestic violence. An insurer shall not deny a claim, refuse to issue a health benefit plan or cancel a ...

Nevada Revised Statutes Section 689C.198

Insurer prohibited from requiring or using information concerning genetic testing; exceptions.

1. Except as otherwise provided in subsection 2, a carrier serving small employers shall not:

(a) Require ...

Nevada Revised Statutes Section 689C.200

When carrier is not required to offer coverage. A carrier serving small employers is not required to accept applications from or offer coverage to:

1. A small employer if ...

Nevada Revised Statutes Section 689C.203

Denial of application for coverage from small employer; regulations.

1. A denial by a carrier of an application for coverage from a small employer must be in writing and ...

Nevada Revised Statutes Section 689C.207

Regulations concerning reissuance of health benefit plan. The Commissioner may adopt regulations to require a carrier, as a condition of transacting insurance with small employers in this state after July ...

Nevada Revised Statutes Section 689C.210

Procedure for increasing premium rates.

1. Except as otherwise provided in subsection 3, a carrier shall not increase the premium rate charged to a small employer for a new ...

Nevada Revised Statutes Section 689C.220

Adjustment in rates to be applied uniformly. A carrier serving small employers shall not charge adjustments in rates for claim experience, health status and duration of coverage to individual employees ...

Nevada Revised Statutes Section 689C.230

Determination and application of index rate.

1. The index rate for a rating period for any class of business may not exceed the index rate for any other class ...

Nevada Revised Statutes Section 689C.240

Use of industry classifications as rating factor. A carrier serving small employers may utilize industry classifications as a rating factor in establishing premium rates, but the highest rate factor associated ...

Nevada Revised Statutes Section 689C.250

Required disclosures to Commissioner; when disclosures constitute trade secret. A carrier serving small employers shall make the information and documents described in NRS 689C.210 to 689C.240, inclusive, available to the ...

Nevada Revised Statutes Section 689C.260

Manner in which carrier may establish separate class of business; transferring small employer into or out of class of business.

1. Except as otherwise provided in subsection 2, a ...

Nevada Revised Statutes Section 689C.265

Carrier authorized to modify coverage for insurance product under certain circumstances. A carrier may modify the health insurance coverage for a product offered to small employers pursuant to a group ...

Nevada Revised Statutes Section 689C.270

Regulations concerning disclosures by carrier to small employer; copy of disclosure to be made available to small employer.

1. The Commissioner shall adopt regulations which require a carrier to ...

Nevada Revised Statutes Section 689C.280

Carrier to provide required disclosures to small employer before issuing policy of insurance. A carrier shall provide to a small employer to whom it has offered a health benefit plan ...

Nevada Revised Statutes Section 689C.281

Coverage for prescription drugs: Provision of notice and information regarding use of formulary.

1. A carrier that offers or issues a health benefit plan which provides coverage for prescription ...

Nevada Revised Statutes Section 689C.283

Election to operate as risk-assuming carrier or reinsuring carrier: Notice to Commissioner; effective date; change in status.

1. Within 30 days after the date on which a plan of ...

Nevada Revised Statutes Section 689C.287

Election to act as risk-assuming carrier: Suspension by Commissioner; applicable statutes.

1. The Commissioner may suspend the election of a carrier to act as a risk-assuming carrier if the ...

Nevada Revised Statutes Section 689C.290

Commissioner authorized to suspend restriction on increase of premiums for new rating period based on new business for policy. The Commissioner may suspend for a specified period the application of ...

Nevada Revised Statutes Section 689C.300

Carrier to file actuarial certification annually with Commissioner.

1. Each carrier serving small employers shall file with the Commissioner annually, on or before March 15, an actuarial certification that ...

Nevada Revised Statutes Section 689C.310

Renewal of health benefit plan; discontinuing issuance and renewal of coverage, plan or form of product of health benefit plan.

1. Except as otherwise provided in subsections 2 and ...

Nevada Revised Statutes Section 689C.320

Required notification when carrier discontinues transacting insurance in this state; restrictions on carrier that discontinues transacting insurance.

1. A carrier that discontinues transacting insurance in this state or in ...

Nevada Revised Statutes Section 689C.325

Coverage offered through network plan not required to be offered to eligible employee who does not reside or work in established geographic service area or if carrier lacks capacity to ...

Nevada Revised Statutes Section 689C.327

Carrier that offers network plan: Contracts with certain federally qualified health centers.

1. A carrier that offers a network plan shall use its best efforts to contract with at ...

Nevada Revised Statutes Section 689C.330

When insurer is required to allow employee to continue coverage after he is no longer covered by health benefit plan.

1. Any policy or contract of insurance delivered or ...

Nevada Revised Statutes Section 689C.340

Required provisions in health benefit plan of employer who employs less than 20 employees related to continuation of coverage.

1. Except as otherwise provided in this section, if an ...

Nevada Revised Statutes Section 689C.342

Notice of election and payment of premium.

1. An employee, spouse or dependent child shall notify the employer that he is eligible to continue his coverage pursuant to NRS ...

Nevada Revised Statutes Section 689C.344

Amount of premium for continuation of coverage; change in rates; payment to insurer; termination.

1. Any person who elects to continue coverage pursuant to NRS 689C.340 shall pay a ...

Nevada Revised Statutes Section 689C.346

Effect of change in insurer during period of continued coverage. If an employer changes his insurer during the period of a person’s continued coverage, the new insurer shall provide continued ...

Nevada Revised Statutes Section 689C.348

Continued coverage ceases before end of established period under certain circumstances. Continued coverage pursuant to NRS 689C.340 ceases before the end of the period provided in that section if:

...

Nevada Revised Statutes Section 689C.350

Health benefit plan with preferred providers of health care: Deductible; percentage rate of payment; when coinsurance is no longer required; when service is deemed to be provided by preferred provider; ...

Nevada Revised Statutes Section 689C.355

Prohibited acts of carrier or producer; denial of application for coverage; violation may constitute unfair trade practice; applicability of section.

1. Except as otherwise provided in this section, a ...

Nevada Revised Statutes Section 689C.360

Definitions. As used in NRS 689C.360 to 689C.600, inclusive, unless the context otherwise requires, the words and terms defined in NRS 689C.380 to 689C.420, inclusive, have the meanings ascribed to ...

Nevada Revised Statutes Section 689C.380

“Contract” defined. “Contract” means a policy or certificate for hospital or medical expenses, a contract for dental, hospital or medical services, or a health care plan of a health maintenance ...

Nevada Revised Statutes Section 689C.390

“Dependent” defined. “Dependent” means a spouse, an unmarried child who has not attained 19 years of age, an unmarried child who is a full-time student who has not attained 24 ...

Nevada Revised Statutes Section 689C.420

“Voluntary purchasing group” defined. “Voluntary purchasing group” means the employers and their eligible employees and dependents who form a group pursuant to NRS 689C.360 to 689C.600, inclusive, and hold a ...

Nevada Revised Statutes Section 689C.425

Applicability of other provisions. A voluntary purchasing group and any contract issued to such a group pursuant to NRS 689C.360 to 689C.600, inclusive, are subject to the provisions of NRS ...

Nevada Revised Statutes Section 689C.430

Entities which are authorized to offer contracts to voluntary purchasing groups. Every insurer, fraternal benefit society, corporation providing hospital or medical services or health maintenance organization, whose policies or activities ...

Nevada Revised Statutes Section 689C.435

Contracts between carrier and providers of health care: Prohibiting carrier from charging provider of health care fee for inclusion on list of providers given to insureds; form to obtain information ...

Nevada Revised Statutes Section 689C.440

Regulations regarding required disclosures by carrier.

1. The Commissioner shall adopt regulations which require a carrier to file with the Commissioner, for his approval, a disclosure offered by the ...

Nevada Revised Statutes Section 689C.450

Carrier to provide disclosure before issuing contract. A carrier shall provide to a voluntary purchasing group to which it has offered a contract a copy of the disclosure approved for ...

Nevada Revised Statutes Section 689C.455

Coverage for prescription drugs: Provision of notice and information regarding use of formulary.

1. A carrier that offers or issues a contract which provides coverage for prescription drugs shall ...

Nevada Revised Statutes Section 689C.460

Carrier to offer same coverage to all eligible employees; denial of coverage to otherwise eligible employee.

1. If a carrier offers a contract to a voluntary purchasing group, the ...

Nevada Revised Statutes Section 689C.470

Renewal of contract; discontinuing issuance and renewal of form of product of health benefit plan or health benefit plan.

1. Except as otherwise provided in NRS 689C.360 to ...

Nevada Revised Statutes Section 689C.480

Required notification when carrier ceases to renew all contracts; restrictions on carrier that ceases to renew all contracts.

1. A carrier may cease to renew all contracts covering voluntary ...

Nevada Revised Statutes Section 689C.485

Approval or denial of claims; payment of claims and interest; requests for additional information; award of costs and attorney’s fees; compliance with requirements.

1. Except as otherwise provided in ...

Nevada Revised Statutes Section 689C.490

Formation of voluntary purchasing group by small employers; requirements when affiliate of group ceases to qualify as small employer.

1. A small employer may, in accordance with the provisions ...

Nevada Revised Statutes Section 689C.500

Requirements for registration as voluntary purchasing group; application.

1. An organization seeking to be registered as a voluntary purchasing group:

(a) Must be incorporated as a Nevada corporation ...

Nevada Revised Statutes Section 689C.510

Fee for application; response to application.

1. The application must be accompanied by a fee in an amount to be established by the Commissioner by regulation to cover the ...

Nevada Revised Statutes Section 689C.520

Additional requirements for registration.

1. Before the issuance of a certificate of registration, each voluntary purchasing group shall, to the satisfaction of the Commissioner:

(a) Establish the conditions ...

Nevada Revised Statutes Section 689C.530

Filing reports; annual renewal fee. A voluntary purchasing group shall:

1. File any reports required by the Commissioner; and

2. Pay a renewal fee established by the Commissioner ...

Nevada Revised Statutes Section 689C.540

Duties. A voluntary purchasing group shall:

1. Establish administrative and accounting procedures for the operation of the group and the provision of services to members, prepare an annual budget ...

Nevada Revised Statutes Section 689C.550

Collection of premiums; trust account for deposit of premiums. A voluntary purchasing group shall offer to collect premiums for contracts offered through the purchasing group and maintain a trust account ...

Nevada Revised Statutes Section 689C.560

Regulations governing security to be maintained by voluntary purchasing group. A voluntary purchasing group shall post a bond for the benefit of members of the group and their eligible employees ...

Nevada Revised Statutes Section 689C.570

Organizer prohibited from acquiring financial interest in group’s business. No person who organizes a voluntary purchasing group may acquire or attempt to acquire a financial interest in the group’s business ...

Nevada Revised Statutes Section 689C.580

Prohibited acts. A voluntary purchasing group shall not perform any activity included in the definition of transacting insurance in this state as defined in NRS 679A.130, perform any activity for ...

Nevada Revised Statutes Section 689C.590

Disciplinary action for violation of provisions. The Commissioner may deny, revoke or suspend a certificate of registration of any voluntary purchasing group found to be in violation of NRS 689C.490 ...

Nevada Revised Statutes Section 689C.600

Regulations. The Commissioner shall adopt such regulations as are needed to carry out the requirements of NRS 689C.490 to 689C.600, inclusive. ...

Nevada Revised Statutes Section 689C.610

Definitions. As used in NRS 689C.610 to 689C.980, inclusive, unless the context otherwise requires, the words and terms defined in NRS 689C.620 to 689C.730, inclusive, have the meanings ascribed to ...

Nevada Revised Statutes Section 689C.620

“Board” defined. “Board” means the Board of Directors of the Program of Reinsurance established pursuant to NRS 689C.750. ...

Nevada Revised Statutes Section 689C.630

“Church plan” defined. “Church plan” has the meaning ascribed to it in section 3(33) of the Employee Retirement Income Security Act of 1974, as that section existed on July 16, ...

Nevada Revised Statutes Section 689C.640

“Committee” defined. “Committee” means the Committee on Health Benefit Plans that is created pursuant to NRS 689C.960. ...

Nevada Revised Statutes Section 689C.650

“Eligible person” defined. “Eligible person” has the meaning ascribed to it in NRS 689A.515. ...

Nevada Revised Statutes Section 689C.660

“Individual carrier” defined. “Individual carrier” means any entity subject to the provisions of this title and the regulations adopted pursuant thereto, that contracts or offers to contract to provide for, ...

Nevada Revised Statutes Section 689C.670

“Individual health benefit plan” defined. “Individual health benefit plan” means:

1. A health benefit plan, other than a converted policy or a plan for coverage of a bona fide ...

Nevada Revised Statutes Section 689C.680

“Individual reinsuring carrier” defined. “Individual reinsuring carrier” means an individual carrier that has elected to reinsure eligible persons in the Program of Reinsurance. ...

Nevada Revised Statutes Section 689C.690

“Individual risk-assuming carrier” defined. “Individual risk-assuming carrier” means an individual carrier that has elected to act as a risk-assuming carrier. ...

Nevada Revised Statutes Section 689C.700

“Plan of operation” defined. “Plan of operation” means the plan of operation of the Program of Reinsurance. ...

Nevada Revised Statutes Section 689C.710

“Program of Reinsurance” defined. “Program of Reinsurance” means the Program of Reinsurance for Small Employers and Eligible Persons created pursuant to NRS 689C.740. ...

Nevada Revised Statutes Section 689C.720

“Reinsuring carrier” defined. “Reinsuring carrier” means a small employer carrier participating in the Program of Reinsurance. ...

Nevada Revised Statutes Section 689C.730

“Risk-assuming carrier” defined. “Risk-assuming carrier” means a small employer carrier that has elected to act as a risk-assuming carrier. ...

Nevada Revised Statutes Section 689C.740

Creation. There is hereby created a nonprofit entity to be known as the Program of Reinsurance for Small Employers and Eligible Persons. ...

Nevada Revised Statutes Section 689C.750

Board of Directors: Creation; members; term; vacancy.

1. The Board of Directors of the Program of Reinsurance is hereby created. The Board consists of:

(a) Eight members to ...

Nevada Revised Statutes Section 689C.760

Meetings of Board; Chairman of Board.

1. The Board shall meet:

(a) Until a plan of operation, other than a temporary plan of operation, has been approved by ...

Nevada Revised Statutes Section 689C.770

Plan of operation: Submission by Board; approval by Commissioner; temporary plan when plan not suitable or not submitted.

1. Not later than 120 days after the initial appointment of ...

Nevada Revised Statutes Section 689C.780

Requirements of plan of operation and temporary plan of operation. A plan of operation and a temporary plan of operation must:

1. Establish procedures for the handling and accounting ...

Nevada Revised Statutes Section 689C.790

Program deemed to have powers and authority of insurance companies and health maintenance organizations; exceptions; powers. Notwithstanding any provision of this title to the contrary, the Program of Reinsurance shall ...

Nevada Revised Statutes Section 689C.800

Amount of coverage to be reinsured; time within which reinsurance may begin; limitation on reimbursement to reinsuring carrier; termination of reinsurance; premium rate charged to federally qualified health maintenance organization; ...

Nevada Revised Statutes Section 689C.810

Premium rates: Methodology for determining; minimum rates; review of methodology.

1. The plan of operation must include a methodology for determining premium rates to be charged by the Program ...

Nevada Revised Statutes Section 689C.820

Premiums for certain health benefit plans that are reinsured with program required to meet established requirements for premium rates.

1. If a health benefit plan for a small employer, ...

Nevada Revised Statutes Section 689C.830

Board required to determine, account for and report to Commissioner net loss. On or before March 1 of each year, the Board shall determine, separately account for and report to ...

Nevada Revised Statutes Section 689C.840

Net loss from reinsuring small employers and eligible employees and dependents required to be recouped by assessments against reinsuring carriers.

1. Any net loss from reinsuring small employers and ...

Nevada Revised Statutes Section 689C.850

Net loss from reinsuring individual eligible persons and dependents required to be recouped by assessments against individual reinsuring carriers.

1. Any net loss from reinsuring individual eligible persons and ...

Nevada Revised Statutes Section 689C.860

Board required to determine, account for and report to Commissioner estimate of assessments needed to pay for losses; evaluation of operation of Program.

1. On or before March 1 ...

Nevada Revised Statutes Section 689C.870

Additional funding: Eligibility based on amount of assessment needed; Board to establish formula for additional assessments on all carriers.

1. If, in each of 2 consecutive years, the Board ...

Nevada Revised Statutes Section 689C.880

Use of excess assessments.

1. If the amount of the assessments exceeds the net losses of the Program of Reinsurance from reinsuring small employers and eligible employees, the excess ...

Nevada Revised Statutes Section 689C.890

Assessment against reinsuring carrier to be determined annually; penalty for late payment of assessments; deferment of assessment.

1. Each assessment against a reinsuring carrier and individual reinsuring carrier must ...

Nevada Revised Statutes Section 689C.900

Insurer to receive certificate of contribution for paying additional assessment; certain amount of contribution may be shown as asset and may offset liability for premium tax.

1. The Board ...

Nevada Revised Statutes Section 689C.910

Adjustment of assessment on federally qualified health maintenance organizations. Subject to the approval of the Commissioner, the Board shall adjust the formula for assessing carriers that are approved health maintenance ...

Nevada Revised Statutes Section 689C.920

Immunity from liability of Program and reinsuring carriers for certain acts. Except as otherwise provided in NRS 689C.790, neither participation in the Program of Reinsurance as a reinsuring carrier or ...

Nevada Revised Statutes Section 689C.930

Board to develop standards setting forth manner and levels of compensation paid to producers for sale of health benefit plans. As part of the plan of operation, the Board shall ...

Nevada Revised Statutes Section 689C.940

Regulations concerning determination of status of stop-loss policy. The Commissioner may, by regulation, prescribe standards for determining whether a policy issued as a stop-loss policy is a health benefit plan ...

Nevada Revised Statutes Section 689C.950

Certain provisions inapplicable to certain basic health benefit plan delivered to small employers or eligible persons. Notwithstanding any specific statute to the contrary, a statute that requires the coverage of ...

Nevada Revised Statutes Section 689C.955

Member, agent or employee of Board immune from liability in certain circumstances. No member, agent or employee of the Board may be held liable in a civil action for any ...

Nevada Revised Statutes Section 689C.960

Creation; members; term; vacancy.

1. The Committee on Health Benefit Plans is hereby created consisting of eight members. The Commissioner shall appoint to the Committee representatives of carriers, small ...

Nevada Revised Statutes Section 689C.970

Meetings; Chairman; duties.

1. The Committee shall meet:

(a) Until a plan of operation, other than a temporary plan of operation, has been approved by the Commissioner, twice ...

Nevada Revised Statutes Section 689C.980

Board and Committee to study and submit report concerning effectiveness of certain provisions.

1. At least once every 3 years, the Board, in consultation with the Committee, shall study ...

Nevada Revised Statutes Section 689.015

Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 689.035 to 689.145, inclusive, have the meanings ascribed to them in those ...

Nevada Revised Statutes Section 689.035

“Agent” defined. “Agent” means an individual authorized by a seller to offer, sell or solicit the purchase of a prepaid contract on behalf of the seller. ...

Nevada Revised Statutes Section 689.045

“Buyer” defined. “Buyer” means the purchaser of a prepaid contract. ...

Nevada Revised Statutes Section 689.065

“Net purchase price” defined. “Net purchase price” means the purchase price, including interest earned on the trust funds attributable to the buyer, remaining after deduction of the sales commission. ...

Nevada Revised Statutes Section 689.105

“Purchase price” defined. “Purchase price” means the aggregate amount to be paid by a buyer to a seller for a prepaid contract. ...

Nevada Revised Statutes Section 689.115

“Sales commission” defined. “Sales commission” means that portion of the purchase price paid to or retained by the seller as compensation in connection with the sale of a prepaid contract. ...

Nevada Revised Statutes Section 689.125

“Seller” defined. “Seller” means any person selling a prepaid contract. ...

Nevada Revised Statutes Section 689.135

“Trust fund” defined. “Trust fund” means a fund containing any money deposited with a trustee by a seller with respect to a prepaid contract. ...

Nevada Revised Statutes Section 689.137

“Trust liability” defined. “Trust liability” means 100 percent of the purchase price after deducting commissions. ...

Nevada Revised Statutes Section 689.145

“Trustee” defined. “Trustee” means:

1. A state or national bank;

2. A trust company;

3. A federally insured savings and loan association; or

4. A credit ...

Nevada Revised Statutes Section 689.150

Definitions. As used in NRS 689.150 to 689.375, inclusive, unless the context otherwise requires:

1. “Funeral service or services” means those services performed normally by funeral directors or funeral ...

Nevada Revised Statutes Section 689.155

Applicability.

1. It is unlawful for any person to receive, hold, control or manage money or proceeds received or derived from the sale of, or from a contract to ...

Nevada Revised Statutes Section 689.160

Applicability of other provisions to agents and sellers.

1. The provisions of NRS 683A.341, 683A.451, 683A.461, 683A.480 and 686A.010 to 686A.310, inclusive, apply to agents and sellers.

2. ...

Nevada Revised Statutes Section 689.165

Certificate of authority and compliance with provisions required. A person shall not sell any prepaid contract or accept any money under such a contract unless:

1. He holds a ...

Nevada Revised Statutes Section 689.175

Certificate of authority: Application and supporting documents; fee.

1. The proposed seller, or the appropriate corporate officer of the proposed seller, shall apply in writing to the Commissioner for ...

Nevada Revised Statutes Section 689.185

Certificate of authority: Surety bond.

1. Before the issuance of a certificate of authority, the seller shall post with the Commissioner and thereafter maintain in force a bond in ...

Nevada Revised Statutes Section 689.195

Certificate of authority: Issuance; denial.

1. If the Commissioner finds that the application is complete and the applicant otherwise qualifies under the provisions of NRS 689.150 to 689.375, inclusive, ...

Nevada Revised Statutes Section 689.205

Certificate of authority: Expiration; renewal; fee for renewal.

1. Each seller’s certificate of authority issued pursuant to NRS 689.150 to 689.375, inclusive, expires at midnight on April 30 of ...

Nevada Revised Statutes Section 689.215

Certificate of authority: Revocation; suspension.

1. After giving written notice of charges to the seller, not less than 30 days in advance of a hearing, the Commissioner may, after ...

Nevada Revised Statutes Section 689.225

Agent’s license required; exception; administrative fine.

1. It is unlawful for any person to solicit the sale of a prepaid contract in this state on behalf of a seller ...

Nevada Revised Statutes Section 689.235

Agent’s license: Qualifications; application; fee. [Effective until the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational ...

Nevada Revised Statutes Section 689.235

Agent’s license: Qualifications; application; fee. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational ...

Nevada Revised Statutes Section 689.245

Agent’s license: Issuance; denial.

1. If the Commissioner finds that the application is complete and the applicant meets the requirements of NRS 689.235 after an investigation not to exceed ...

Nevada Revised Statutes Section 689.255

Agent’s license: Expiration; renewal; fee for renewal; validity. [Effective until the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting ...

Nevada Revised Statutes Section 689.255

Agent’s license: Expiration; renewal; fee for renewal; validity. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting ...

Nevada Revised Statutes Section 689.258

Payment of child support: Statement by applicant for agent’s license; grounds for denial of agent’s license; duty of Commissioner. [Expires by limitation on the date of the repeal of the ...

Nevada Revised Statutes Section 689.262

Suspension of agent’s license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of agent’s license. [Expires by limitation on the date of the repeal ...

Nevada Revised Statutes Section 689.265

Agent’s license: Revocation; suspension. The Commissioner may proceed against an agent’s license in the same manner as provided in NRS 689.215 if the agent:

1. Obtained his license through ...

Nevada Revised Statutes Section 689.275

Prepaid contracts: Content; entire agreement; rescission.

1. All forms for a prepaid contract offered or sold in this state must contain:

(a) The names and addresses of the ...

Nevada Revised Statutes Section 689.285

Prepaid contracts: Approval and disapproval of forms.

1. A seller shall not offer, sell or deliver in this state any prepaid contract unless the form of the contract has ...

Nevada Revised Statutes Section 689.295

Prepaid contracts: Credit life insurance. If the purchase price for a prepaid contract is to be paid in installments, the seller may make available to the buyer credit life insurance ...

Nevada Revised Statutes Section 689.305

Prepaid contracts: Maximum sales commission. The sales commission on any prepaid contract shall not exceed 25 percent of the purchase price. ...

Nevada Revised Statutes Section 689.315

Prepaid contracts: Maintenance and administration of trust fund.

1. The seller shall establish and maintain a trust fund with an authorized trustee, for the benefit of the beneficiary of ...

Nevada Revised Statutes Section 689.325

Prepaid contracts: Distributions to seller from trust fund; financial reports of trustee.

1. Not more than 75 percent of the earnings of such investments, including capital gains, as they ...

Nevada Revised Statutes Section 689.345

Prepaid contracts: Net purchase price to be available on termination by buyer, estate or heirs. The net purchase price of the preneed contract shall be available to the buyer or ...

Nevada Revised Statutes Section 689.355

Prepaid contracts: Termination by buyer.

1. Except as otherwise provided in subsection 2, if the buyer moves to another geographic area beyond the normal facilities of the seller and ...

Nevada Revised Statutes Section 689.365

Prepaid contracts: Termination on insolvency or other inability of seller to perform; distribution of money in trust fund.

1. An executory prepaid contract automatically terminates if the seller or ...

Nevada Revised Statutes Section 689.375

Records of seller; examination by Commissioner.

1. Every seller shall keep:

(a) Accurate accounts, books and records of all transactions;

(b) Copies of all agreements and dates ...

Nevada Revised Statutes Section 689.450

Definitions. As used in NRS 689.450 to 689.595, inclusive, unless the context otherwise requires, the words and terms defined in NRS 689.455 to 689.475, inclusive, have the meanings ascribed to ...

Nevada Revised Statutes Section 689.455

“Burial merchandise” defined. “Burial merchandise” means those items normally supplied by a cemetery authority under a preneed sales agreement, including urns, memorials, scrolls, vases, foundations, bases and other similar merchandise, ...

Nevada Revised Statutes Section 689.460

“Burial services” defined. “Burial services” means those services normally performed by a cemetery authority under a preneed sales agreement for the opening and closing of graves, crypts and niches, and ...

Nevada Revised Statutes Section 689.465

“Cemetery authority” defined. “Cemetery authority” means any natural person, partnership, corporation, association or cemetery district owning or controlling lands or property for a cemetery and engaged in the operation of ...

Nevada Revised Statutes Section 689.470

“Performer” defined. “Performer” means any person designated in the prepaid contract to furnish the burial merchandise and supplies and to perform the services covered by the contract, on the demise ...

Nevada Revised Statutes Section 689.475

“Prepaid contract” defined.

1. “Prepaid contract” means any contract under which, for a specified consideration paid in advance in a lump sum or by installments, a person promises, either ...

Nevada Revised Statutes Section 689.480

Applicability.

1. It is unlawful for any person to receive, hold, control or manage money or proceeds received or derived from the sale of, or from a contract to ...

Nevada Revised Statutes Section 689.485

Seller’s permit required; exception; administrative fine.

1. It is unlawful for any cemetery authority, or any person on behalf of a cemetery authority, to offer or sell any burial ...

Nevada Revised Statutes Section 689.490

Permit: Application and supporting documents; fee.

1. The proposed seller, or the appropriate corporate officer of the seller, shall apply in writing to the Commissioner for a seller’s permit, ...

Nevada Revised Statutes Section 689.495

Permit: Surety bond required.

1. Before the issuance of a permit to a seller, the seller shall post with the Commissioner and thereafter maintain in force a bond in ...

Nevada Revised Statutes Section 689.500

Permit: Issuance; denial.

1. If the Commissioner finds that the application is complete, that the cemetery authority is in compliance with all requirements therefor, that the applicant otherwise qualifies ...

Nevada Revised Statutes Section 689.505

Permit: Expiration; renewal; fee for renewal.

1. Each seller’s permit issued pursuant to NRS 689.450 to 689.595, inclusive, continues in effect for 3 years unless it is suspended, revoked ...

Nevada Revised Statutes Section 689.510

Permit: Revocation; suspension.

1. After giving written notice of charges to the seller, not less than 30 days in advance of a hearing, the Commissioner may, after the hearing, ...

Nevada Revised Statutes Section 689.515

Agent’s license required; exception; administrative fine.

1. It is unlawful for any person to solicit the sale of a prepaid contract in this state on behalf of a seller ...

Nevada Revised Statutes Section 689.520

Agent’s license: Qualifications; application; fee. [Effective until the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational ...

Nevada Revised Statutes Section 689.520

Agent’s license: Qualifications; application; fee. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational ...

Nevada Revised Statutes Section 689.525

Agent’s license: Issuance; denial.

1. If the Commissioner finds that the application is complete and the applicant meets the requirements of NRS 689.520 after an investigation not to exceed ...

Nevada Revised Statutes Section 689.530

Agent’s license: Expiration; renewal; fee for renewal; validity. [Effective until the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting ...

Nevada Revised Statutes Section 689.530

Agent’s license: Expiration; renewal; fee for renewal; validity. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting ...

Nevada Revised Statutes Section 689.535

Agent’s license: Revocation; suspension. The Commissioner may proceed against an agent’s license in the same manner as provided in NRS 689.510 if the agent:

1. Obtained his license through ...

Nevada Revised Statutes Section 689.540

Prepaid contracts: Content; entire agreement; rescission.

1. All forms for a prepaid contract offered or sold in this state must contain:

(a) The names and addresses of the ...

Nevada Revised Statutes Section 689.545

Prepaid contracts: Approval and disapproval of forms.

1. A seller shall not offer, sell or deliver in this state any prepaid contract unless the form of the contract has ...

Nevada Revised Statutes Section 689.550

Prepaid contracts: Credit life insurance. If the purchase price for a prepaid contract is to be paid in installments, the seller may make available to the buyer credit life insurance ...

Nevada Revised Statutes Section 689.555

Prepaid contracts: Maximum sales commission. The sales commission on any prepaid contract must not exceed 40 percent of the purchase price. ...

Nevada Revised Statutes Section 689.560

Prepaid contracts: Maintenance and administration of trust fund.

1. The seller shall establish and maintain a trust fund with an authorized trustee, for the benefit of the beneficiary of ...

Nevada Revised Statutes Section 689.565

Prepaid contracts: Distributions to seller from trust fund; financial reports of trustee.

1. Not more than 60 percent of the earnings of such investments, including capital gains, as they ...

Nevada Revised Statutes Section 689.570

Prepaid contracts: Distributions from corpus of trust fund.

1. The corpus of all money deposited in the burial merchandise and service trust fund must be kept unimpaired until the ...

Nevada Revised Statutes Section 689.575

Prepaid contracts: Termination by buyer.

1. Except as otherwise provided in subsection 2, if the buyer moves to another geographic area beyond the normal service facilities of the seller ...

Nevada Revised Statutes Section 689.580

Prepaid contracts: Termination on insolvency or other inability of seller to perform; distribution of money in trust fund.

1. An executory prepaid contract automatically terminates if the seller or ...

Nevada Revised Statutes Section 689.585

Records of seller; examination by Commissioner.

1. Every seller shall keep:

(a) Accurate accounts, books and records of all transactions;

(b) Copies of all agreements and dates ...

Nevada Revised Statutes Section 689.590

Exemption of person maintaining cemetery but not operating as cemetery on July 5, 1971. The provisions of NRS 689.450 to 689.595, inclusive, do not apply to a person maintaining a ...

Nevada Revised Statutes Section 689.595

Applicability of other provisions to agents and sellers.

1. The provisions of NRS 683A.341, 683A.451, 683A.461, 683A.480 and 686A.010 to 686A.310, inclusive, apply to agents and sellers.

2. ...

Nevada Revised Statutes Section 689.700

Money in trust fund exempt from attachment and other process. In the absence of fraud, all money in a trust fund held or invested in accordance with the provisions of ...

Nevada Revised Statutes Section 689.715

Preneed sales agreement to be provided to person entitled to custody of remains; penalty.

1. A funeral director or cemetery authority that enters into a preneed sales agreement shall, ...

Nevada Revised Statutes Section 689.720

Regulations. The Commissioner may adopt such regulations as may be necessary to carry out the purposes and provisions of this chapter. ...

Nevada Revised Statutes Section 689.730

Penalties. In addition to any other penalty provided for in this chapter, any person who violates any provision of this chapter or any rule or regulation promulgated pursuant to this ...

Nevada Revised Statutes Section 690A.010

Scope. Any insurance issued in connection with loans or other credit transactions is subject to the provisions of this chapter unless the insurance is issued in connection with a loan ...

Nevada Revised Statutes Section 690A.011

Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 690A.012 to 690A.028, inclusive, have the meanings ascribed to them in those ...

Nevada Revised Statutes Section 690A.012

“Compensation” defined. “Compensation” means any valuable consideration, direct or indirect, paid by or on behalf of the insurer, or by any subsidiary or parent, or subsidiary of the parent of ...

Nevada Revised Statutes Section 690A.013

“Contingent compensation” defined. “Contingent compensation” means compensation based upon the investment income allocable to, or the loss experience of, the type of credit insurance for which the compensation is paid. ...

Nevada Revised Statutes Section 690A.014

“Credit disability insurance” defined. “Credit disability insurance” means insurance issued on a debtor to provide indemnity for payments becoming due on a specific loan or other credit transaction while the ...

Nevada Revised Statutes Section 690A.015

“Credit insurance” defined. “Credit insurance” means credit life insurance, credit disability insurance, involuntary unemployment insurance and any other similar form of insurance. ...

Nevada Revised Statutes Section 690A.016

“Credit life insurance” defined. “Credit life insurance” means insurance on the life of a debtor pursuant to or in connection with a specific loan or other credit transaction. ...

Nevada Revised Statutes Section 690A.017

“Creditor” defined. “Creditor” means the lender of money or vendor or lessor of goods, services, property, rights or privileges for which payment is arranged through a credit transaction, and includes:

Nevada Revised Statutes Section 690A.018

“Debtor” defined. “Debtor” means a borrower of money or a purchaser or lessee of goods, services, property, rights or privileges for which payment is arranged through a credit transaction. ...

Nevada Revised Statutes Section 690A.019

“Gross coverage” defined. “Gross coverage” means the amount of insurance on the indebtedness of the debtor. ...

Nevada Revised Statutes Section 690A.021

“Indebtedness” defined. “Indebtedness” means the total amount payable by a debtor to a creditor in connection with a loan or other credit transaction and includes the finance charge assigned or ...

Nevada Revised Statutes Section 690A.022

“Involuntary unemployment insurance” defined. “Involuntary unemployment insurance” means insurance on a debtor to provide indemnity for payments becoming due on a specific loan or other credit transaction while the debtor ...

Nevada Revised Statutes Section 690A.023

“Joint life insurance” defined. “Joint life insurance” means credit life insurance issued to two debtors who are jointly and severally liable for the debt. ...

Nevada Revised Statutes Section 690A.024

“Level term plan” defined. “Level term plan” means credit life insurance that provides a level amount of benefit for the entire term of the insurance. ...

Nevada Revised Statutes Section 690A.025

“Outstanding balance basis” defined. “Outstanding balance basis” means the method of paying for credit insurance in which a separate, identifiable premium is paid each month based on the amount of ...

Nevada Revised Statutes Section 690A.026

“Primary compensation” defined. “Primary compensation” means any form of compensation that is not contingent compensation. ...

Nevada Revised Statutes Section 690A.027

“Producer” defined. “Producer” means any person licensed pursuant to chapter 683A of NRS who sells or offers for sale a policy of credit insurance directly to any debtor. ...

Nevada Revised Statutes Section 690A.028

“Single premium basis” defined. “Single premium basis” means a method for paying for credit insurance in which the debtor pays or finances the entire required premium in advance, and includes ...

Nevada Revised Statutes Section 690A.030

Limitations on form of issuance and type of insurance.

1. Credit insurance may be issued only in the following forms:

(a) Individual policies of insurance issued to debtors.

Nevada Revised Statutes Section 690A.040

Amounts of credit life insurance.

1. Except as otherwise provided in subsections 2 and 3, the amount of credit life insurance must not exceed the total amount repayable under ...

Nevada Revised Statutes Section 690A.050

Amounts of credit disability insurance or involuntary unemployment insurance.

1. Except as otherwise provided in subsection 2, the total amount of periodic indemnity payable pursuant to a policy of ...

Nevada Revised Statutes Section 690A.060

Term.

1. Except as otherwise provided in subsections 2 and 3, the term of any credit insurance must, subject to acceptance by the insurer, begin on the date the ...

Nevada Revised Statutes Section 690A.070

Policies and certificates of insurance: Contents; delivery.

1. All credit insurance must be evidenced by an individual policy, or in the case of group insurance by a certificate of ...

Nevada Revised Statutes Section 690A.080

Forms, schedules and formulas: Filing; approval; regulations; withdrawal of approval.

1. Each insurer shall file with the Commissioner for his approval a copy of:

(a) Any policy, certificate ...

Nevada Revised Statutes Section 690A.090

Premiums and refunds.

1. Any insurer may revise its schedules of rates for premiums, and shall file the revised schedules with the Commissioner. An insurer shall not issue any ...

Nevada Revised Statutes Section 690A.100

Collection of premium or other charge. The premium or other identifiable charge for credit insurance may be collected from the insured or included in the principal of any loan or ...

Nevada Revised Statutes Section 690A.110

Premiums and gains not deemed interest. The premium or cost of credit insurance when issued through any creditor is not subject to NRS 688B.180 and 689B.060 and shall not be ...

Nevada Revised Statutes Section 690A.120

Issuance of policies and certificates of credit insurance. All policies and certificates of credit insurance may be delivered or issued for delivery in this state only by an insurer authorized ...

Nevada Revised Statutes Section 690A.130

Claims.

1. All claims must be promptly reported to the insurer or its designated representative, and the insurer shall maintain adequate files on all reported claims. All claims must ...

Nevada Revised Statutes Section 690A.140

Existing insurance; choice of insurer. When any form of credit insurance is required as additional security for any indebtedness, the debtor may furnish the required amount of insurance through existing ...

Nevada Revised Statutes Section 690A.150

Maintenance of statistics regarding insurance and records regarding creditors.

1. Each insurer who writes credit insurance shall maintain statistics separately for each calendar year or policy year for group ...

Nevada Revised Statutes Section 690A.160

Use or continuation of compensating balances or accounts of special deposits prohibited.

1. The use or the continuation of compensating balances or accounts of special deposits in a financial ...

Nevada Revised Statutes Section 690A.170

Insurer required to conduct audits and reviews; retention of results; payment of costs; Commissioner may order audit or review.

1. Every insurer transacting a business of credit insurance in ...

Nevada Revised Statutes Section 690A.180

Order issued by Commissioner for noncompliance with chapter. An order issued by the Commissioner for noncompliance with any of the provisions of this chapter or of the regulations adopted pursuant ...

Nevada Revised Statutes Section 690A.190

Excessive rates; approval of higher rate; filing of statistical experience for higher rate; restrictive provisions in policy.

1. Except as otherwise provided in subsection 2, any rate in the ...

Nevada Revised Statutes Section 690A.200

Rates: Credit life insurance.

1. The maximum allowable rates for credit life insurance are as follows:

Decreasing Term Level Term Accidental Death

Benefit Insurance Insurance or ...

Nevada Revised Statutes Section 690A.210

Rates: Credit disability insurance.

1. The maximum allowable rates for credit disability insurance are as follows:

Term of Loan Prospective Retroactive

in Months Benefits Benefits

14-Day 30-Day ...

Nevada Revised Statutes Section 690A.220

Rates: Involuntary unemployment insurance.

1. The maximum allowable rate for involuntary unemployment insurance is $2 for $100 of insurance per annum, paid on the single premium basis.

2. ...

Nevada Revised Statutes Section 690A.230

Restrictions based on age.

1. Except as otherwise provided in subsection 5, a policy of credit insurance may not contain any restriction based on age except to exclude from ...

Nevada Revised Statutes Section 690A.240

Payment of compensation to producer.

1. The payment of compensation to a producer in excess of 40 percent of the net charge for premiums is prima facie a violation ...

Nevada Revised Statutes Section 690A.250

Formula for refund.

1. If an insurer specifies the formula for a refund in the individual policy or certificate of group insurance filed for approval by the Commissioner and ...

Nevada Revised Statutes Section 690A.260

Transfers to unauthorized insurer.

1. Except as otherwise provided in subsection 2, an authorized insurer issuing credit insurance may not enter into any agreement whereby the authorized insurer transfers, ...

Nevada Revised Statutes Section 690A.270

Foreign insurers. Any foreign insurer engaged in the business of reinsuring credit insurance, except as described in paragraph (g) of subsection 2 of NRS 690A.260, before July 1, 1987, may ...

Nevada Revised Statutes Section 690A.280

Civil penalties; revocation or suspension of license or certificate of authority. In addition to any other penalty provided by law, any person who violates any provision of this chapter or ...

Nevada Revised Statutes Section 690B.010

Other applicable provisions. All contracts of casualty insurance covering subjects resident, located or to be performed in this State are subject to the applicable provisions of chapter 687B of NRS ...

Nevada Revised Statutes Section 690B.012

Claims: Approval or denial; request for additional information; payment; interest on unpaid claim.

1. Except as otherwise provided in subsections 2, 3 and 4, an insurer shall approve or ...

Nevada Revised Statutes Section 690B.015

Commissioner to conduct survey of operators of body shops; information to be compiled in report.

1. The Commissioner shall annually conduct a survey of licensed operators of body shops ...

Nevada Revised Statutes Section 690B.016

Prohibition against knowing recommendation of unlicensed body shop or required patronization of particular body shop.

1. An insured or a claimant under a policy of insurance may have repairs ...

Nevada Revised Statutes Section 690B.017

Provisions for arbitration not binding. No provision for arbitration contained in an automobile liability or motor vehicle liability insurance policy delivered, issued for delivery or renewed in this State is ...

Nevada Revised Statutes Section 690B.020

Uninsured or hit-and-run vehicles; insolvency of insurer.

1. Except as otherwise provided in this section and NRS 690B.035, no policy insuring against liability arising out of the ownership, maintenance ...

Nevada Revised Statutes Section 690B.023

Insurer to provide evidence of insurance; contents. If insurance for the operation of a motor vehicle required pursuant to NRS 485.185 is provided by a contract of insurance, the insurer ...

Nevada Revised Statutes Section 690B.025

Primary and excess coverage; garageman required to post notice.

1. If two or more policies of liability insurance covering the same motor vehicle are in effect when the motor ...

Nevada Revised Statutes Section 690B.028

Insurer prohibited from taking adverse action because juvenile violated speed limit in certain cases. An insurer shall not impose on an insured or group of insured an increase in rates ...

Nevada Revised Statutes Section 690B.029

Mandatory provision for reduction of premiums for certain persons 55 years of age or older.

1. A policy of insurance against liability arising out of the ownership, maintenance or ...

Nevada Revised Statutes Section 690B.031

Reduction in premium of certain policies of insurance required if motor vehicle is equipped with air bag and other safety device; calculation; approval of Commissioner.

1. A policy of ...

Nevada Revised Statutes Section 690B.035

Policy covering damage to one or more of operator’s vehicles. An insurer may issue to a holder of an operator’s policy of liability insurance a policy covering damage to one ...

Nevada Revised Statutes Section 690B.040

Policy providing certain automobile coverage in Mexico. An authorized casualty insurer may issue through its licensed agents an automobile insurance policy in which coverage for liability resulting from bodily injury ...

Nevada Revised Statutes Section 690B.042

Claimant for damages for personal injury to provide medical reports, records and bills or authorization to receive reports, records and bills to opposing party upon request; insurer to disclose pertinent ...

Nevada Revised Statutes Section 690B.045

Practitioners of the healing arts: Reports to licensing boards. [Replaced in revision by NRS 690B.250.] ...

Nevada Revised Statutes Section 690B.050

Physicians and osteopathic physicians: Reports to Commissioner and licensing boards. [Replaced in revision by NRS 690B.260.] ...

Nevada Revised Statutes Section 690B.060

Reports to Commissioner. On or before March 1 of each year, every insurer who issues policies of insurance covering the liability of manufacturers or sellers for defective products shall submit ...

Nevada Revised Statutes Section 690B.090

Issuance authorized.

1. Any casualty insurer may provide industrial insurance pursuant to the general provisions of chapters 616A to 617, inclusive, of NRS concerning the respective rights and obligations ...

Nevada Revised Statutes Section 690B.100

Definitions. As used in NRS 690B.100 to 690B.180, inclusive, unless the context otherwise requires:

1. “Home” means a structure used primarily for residential purposes and includes, without limitation:

...

Nevada Revised Statutes Section 690B.110

Applicability of other provisions.

1. Except as provided in subsection 2 and NRS 690B.100 to 690B.180, inclusive, insurance for home protection is subject to all applicable provisions of this ...

Nevada Revised Statutes Section 690B.120

Exemptions from licensing requirements. A person who sells insurance for home protection on behalf of an insurer who issues policies of casualty insurance or insurance for home protection is exempted ...

Nevada Revised Statutes Section 690B.130

Deposit of securities or surety bond; maintenance of capital stock or surplus, premium reserves and losses and loss expense reserves.

1. Except as otherwise provided in subsection 2, an ...

Nevada Revised Statutes Section 690B.140

Investments in tangible personal property: Limitation. An insurer who issues policies of insurance for home protection, other than casualty insurance, may make investments in tangible personal property for use in ...

Nevada Revised Statutes Section 690B.150

Annual statement. An insurer who issues policies of insurance for home protection, other than casualty insurance, shall file the annual statement required by NRS 680A.270 in the form prescribed by ...

Nevada Revised Statutes Section 690B.155

Provision requiring binding arbitration authorized; procedures for arbitration.

1. Subject to the approval of the Commissioner, a contract of insurance for home protection may include a provision which requires ...

Nevada Revised Statutes Section 690B.160

Contracts: Specifications; cancellation; renewal.

1. A contract of insurance for home protection must specify:

(a) The structures, components, systems and appliances covered by the provisions of the contract.

Nevada Revised Statutes Section 690B.170

Contracts: Regulations on content. The Commissioner may adopt reasonable regulations regarding the content of contracts of insurance for home protection to protect the interests of persons affected by the provisions ...

Nevada Revised Statutes Section 690B.175

Regulations. The Commissioner may adopt regulations:

1. Defining administrative expenses for insurers who issue policies of insurance for home protection, and setting limitations on the amounts of such expenses ...

Nevada Revised Statutes Section 690B.180

Prohibited acts. An insurer who issues policies of insurance for home protection, other than casualty insurance, shall not:

1. Engage in any other business of insurance or real estate ...

Nevada Revised Statutes Section 690B.200

Definitions. As used in NRS 690B.200 to 690B.370, inclusive, unless the context otherwise requires, the words and terms defined in NRS 690B.210 to 690B.240, inclusive, have the meanings ascribed to ...

Nevada Revised Statutes Section 690B.210

“Claims-made policy” defined. “Claims-made policy” means a policy of professional liability insurance that provides coverage only for claims that arise from incidents or events which occur while the policy is ...

Nevada Revised Statutes Section 690B.220

“Extended reporting endorsement” defined. “Extended reporting endorsement” means an endorsement to a claims-made policy which requires the payment of a separate premium and which provides coverage for claims that arise ...

Nevada Revised Statutes Section 690B.230

“Practitioner” defined. “Practitioner” means a practitioner who provides health care. ...

Nevada Revised Statutes Section 690B.240

“Professional liability insurance” defined. “Professional liability insurance” means a policy of insurance covering the liability of a practitioner for a breach of his professional duty toward a patient. ...

Nevada Revised Statutes Section 690B.250

Practitioners of the healing arts: Reports to licensing boards. Except as more is required in NRS 630.3067 and 633.526:

1. Each insurer which issues a policy of insurance covering ...

Nevada Revised Statutes Section 690B.260

Physicians and osteopathic physicians: Reports to Commissioner and licensing boards.

1. Each insurer which issues a policy of insurance covering the liability of a physician licensed under chapter 630 ...

Nevada Revised Statutes Section 690B.270

Disclosure of reasons for failure to issue professional liability insurance. If an insurer declines to issue to a practitioner licensed pursuant to chapter 630, 631, 632 or 633 of NRS ...

Nevada Revised Statutes Section 690B.280

Disclosure of reasons for higher premium. If an insurer, for a policy of professional liability insurance for a practitioner licensed pursuant to chapter 630, 631, 632 or 633 of NRS, ...

Nevada Revised Statutes Section 690B.290

Insurer required to offer extended reporting endorsement to certain practitioners; disclosure of formula used to determine premium. If an insurer offers to issue a claims-made policy to a practitioner licensed ...

Nevada Revised Statutes Section 690B.300

Prohibition against setting different premium rates based on number of babies delivered for certain practitioners; exception.

1. Except as otherwise provided in this section, if an insurer issues a ...

Nevada Revised Statutes Section 690B.310

Prohibition against confidentiality of certain information relating to settlement of claim for breach of professional duty of certain practitioners.

1. If an agreement settles a claim or action against ...

Nevada Revised Statutes Section 690B.320

Insurer required to offer extended reporting endorsement; required disclosures.

1. If an insurer offers to issue a claims-made policy to a practitioner licensed pursuant to chapters 630 to 640, ...

Nevada Revised Statutes Section 690B.330

Required reduction in premium for implementation of qualified risk management system.

1. In each rating plan of an insurer that issues a policy of professional liability insurance to a ...

Nevada Revised Statutes Section 690B.340

Review of settlement or judgment by Commissioner. If a settlement or judgment exceeds the limits of the coverage provided by a policy of professional liability insurance for a practitioner licensed ...

Nevada Revised Statutes Section 690B.350

Essential medical specialties: Determination, cancellation, termination or nonrenewal of professional liability insurance.

1. Except as otherwise provided in this section, if an insurer intends to cancel, terminate or otherwise ...

Nevada Revised Statutes Section 690B.360

Information pertinent to monitoring compliance with applicable standards for rates: Commissioner to collect; analysis; annual report.

1. The Commissioner shall collect all information which is pertinent to monitoring whether ...

Nevada Revised Statutes Section 690B.370

Annual report on loss prevention and control programs.

1. On an annual basis, the Commissioner shall, pursuant to subsection 1 of NRS 680A.290, request each insurer that issues a ...

Nevada Revised Statutes Section 690C.010

Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 690C.020 to 690C.080, inclusive, have the meanings ascribed to them in those ...

Nevada Revised Statutes Section 690C.020

“Administrator” defined. “Administrator” means a person who is responsible for administering a service contract that is issued, sold or offered for sale by a provider. ...

Nevada Revised Statutes Section 690C.030

“Consumer” defined. “Consumer” means a person who purchases, other than for resale, goods used primarily for personal, family or household purposes and not for business or research purposes. ...

Nevada Revised Statutes Section 690C.040

“Contractual liability insurance policy” defined. “Contractual liability insurance policy” means a policy of insurance that is issued to a provider to either:

1. Reimburse the provider under the terms ...

Nevada Revised Statutes Section 690C.050

“Goods” defined. “Goods” means all tangible personal property, whether movable at the time of purchase or a fixture, that is used primarily for personal, family or household purposes. ...

Nevada Revised Statutes Section 690C.060

“Holder” defined. “Holder” means a resident of this state who:

1. Purchases a service contract; or

2. Is legally in possession of a service contract and is entitled ...

Nevada Revised Statutes Section 690C.070

“Provider” defined. “Provider” means a person who is obligated to a holder pursuant to the terms of a service contract to repair, replace or perform maintenance on, or to indemnify ...

Nevada Revised Statutes Section 690C.080

“Service contract” defined. “Service contract” means a contract pursuant to which a provider, in exchange for separately stated consideration, is obligated for a specified period to a holder to repair, ...

Nevada Revised Statutes Section 690C.100

Applicability.

1. The provisions of this title do not apply to:

(a) A warranty;

(b) A maintenance agreement;

(c) A service contract provided by a public ...

Nevada Revised Statutes Section 690C.110

General tax on premiums not applicable. The tax imposed pursuant to NRS 680B.027 does not apply to any business transacted pursuant to the provisions of this chapter. ...

Nevada Revised Statutes Section 690C.120

Applicability of other provisions.

1. Except as otherwise provided in this chapter, the marketing, issuance, sale, offering for sale, making, proposing to make and administration of service contracts are ...

Nevada Revised Statutes Section 690C.150

Certificate required to issue, sell or offer for sale service contracts. A provider shall not issue, sell or offer for sale service contracts in this state unless he has been ...

Nevada Revised Statutes Section 690C.160

Application for certificate; fees; renewal.

1. A provider who wishes to issue, sell or offer for sale service contracts in this state must submit to the Commissioner:

(a) ...

Nevada Revised Statutes Section 690C.170

Contractual liability insurance policy, deposit of security or certain net worth required. To be issued a certificate of registration, a provider must comply with one of the following:

1. ...

Nevada Revised Statutes Section 690C.200

Name of provider.

1. Except as otherwise provided in this section, a provider shall not include in the name of his business:

(a) The words “insurance,” “casualty,” “surety,” ...

Nevada Revised Statutes Section 690C.210

Requirements of contractual liability insurance policy; holder authorized to apply to issuer of policy for performance in certain circumstances.

1. A contractual liability insurance policy issued in this state ...

Nevada Revised Statutes Section 690C.220

Requiring purchase of service contract as condition of loan or purchase of goods prohibited. No person may require the purchase of a service contract as a condition for the approval ...

Nevada Revised Statutes Section 690C.230

Receipt or written evidence of service contract required; copy of service contract required to be furnished to holder within reasonable time.

1. A provider shall provide a receipt for, ...

Nevada Revised Statutes Section 690C.250

Conditions under which service contract void and refund required; right of original purchaser; provision stating right required; penalty.

1. A service contract is void and a provider shall refund ...

Nevada Revised Statutes Section 690C.260

Contents; false or misleading statement prohibited.

1. A service contract must:

(a) Be written in language that is understandable and printed in a typeface that is easy to ...

Nevada Revised Statutes Section 690C.270

Grounds for cancellation; date cancellation effective.

1. No service contract that has been in effect for at least 70 days may be cancelled by the provider before the expiration ...

Nevada Revised Statutes Section 690C.300

Regulations of Commissioner. The Commissioner may adopt such regulations as are necessary to carry out the provisions of this chapter. ...

Nevada Revised Statutes Section 690C.310

Retention of records.

1. A provider shall maintain records of the transactions governed by this chapter. The records of a provider must include:

(a) A copy of each ...

Nevada Revised Statutes Section 690C.320

Examinations to enforce provisions of chapter by Commissioner.

1. Except as otherwise provided in this subsection, the Commissioner may conduct examinations to enforce the provisions of this chapter pursuant ...

Nevada Revised Statutes Section 690C.330

Penalty for violation of chapter or order or regulation of Commissioner. A person who violates any provision of this chapter or an order or regulation of the Commissioner issued or ...

Nevada Revised Statutes Section 691A.010

Applicability of other provisions. All contracts of property insurance covering subjects located in this state are subject to the applicable provisions of chapter 687B of NRS (the insurance contract), and ...

Nevada Revised Statutes Section 691A.020

Insurer of mobile homes to offer coverage which pays market value in event of total loss of mobile home.

1. Each insurer which provides property insurance covering mobile homes ...

Nevada Revised Statutes Section 691A.030

Loans secured by real property: Lender prohibited from requiring borrower to insure improvements to property for more than their replacement value.

1. A lender shall not require a borrower, ...

Nevada Revised Statutes Section 691B.010

Applicability of other provisions. All contracts of surety insurance covering subjects located or to be performed in this state are subject to the applicable provisions of chapter 687B of NRS ...

Nevada Revised Statutes Section 691B.020

Corporate bonds satisfy legal requirements.

1. Whenever a bond, undertaking, recognizance, guaranty or other obligation is required, permitted, authorized or allowed, or whenever the performance of any act, duty ...

Nevada Revised Statutes Section 691B.030

Estoppel to deny power. Any insurer which executes any surety contract as surety shall be estopped, in any proceeding to enforce the liability which it has assumed to incur, to ...

Nevada Revised Statutes Section 692A.011

Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 692A.015 to 692A.080, inclusive, have the meanings ascribed to them in those ...

Nevada Revised Statutes Section 692A.015

“Abstract of title” defined. “Abstract of title” means any written representation listing all recorded conveyances, instruments and documents which, under the laws of this State, impart constructive notice with respect ...

Nevada Revised Statutes Section 692A.021

“Applicant” defined. “Applicant” means a person, whether or not a prospective insured, who applies to a title insurer or its agent for title insurance and who, at the time of ...

Nevada Revised Statutes Section 692A.022

“Business of title insurance” and “title insurance business” defined. “Business of title insurance” or “title insurance business” includes:

1. The issuance of or proposal to issue any policy of ...

Nevada Revised Statutes Section 692A.023

“Commitment to insure” and “preliminary report of title” defined. “Commitment to insure” or “preliminary report of title” means a report furnished in connection with an application for title insurance which ...

Nevada Revised Statutes Section 692A.024

“Escrow” defined. “Escrow” means any transaction wherein one person, for the purpose of effecting the sale, transfer, encumbering or leasing of real or personal property to another person, delivers any ...

Nevada Revised Statutes Section 692A.028

“Escrow officer” defined. “Escrow officer” means a person employed by a title insurer or title agent to handle escrows, settlements and closings. ...

Nevada Revised Statutes Section 692A.031

“Net retained liability” defined. “Net retained liability” means the total liability retained by a title insurer for a single risk after the ceding of reinsurance. ...

Nevada Revised Statutes Section 692A.035

“Policy of title insurance” and “title policy” defined. “Policy of title insurance” or “title policy” means a written instrument or contract by which title insurance liability is assumed. The term ...

Nevada Revised Statutes Section 692A.041

“Premium” defined.

1. “Premium” means charges for:

(a) Assuming a risk;

(b) Abstracting, searching and examining title to determine insurability; and

(c) Any other activity associated ...

Nevada Revised Statutes Section 692A.050

“Single risk” defined. “Single risk” means the insured amount of any policy or contract of title insurance issued by a title insurer unless two or more policies or contracts are ...

Nevada Revised Statutes Section 692A.060

“Title agent” defined. “Title agent” is a person, firm or corporation appointed by a title insurer to solicit applications for insurance or to negotiate for title insurance contracts on its ...

Nevada Revised Statutes Section 692A.070

“Title insurer” defined. “Title insurer” means a company organized under the laws of this state for the purpose of transacting as insurer the business of title insurance and any foreign ...

Nevada Revised Statutes Section 692A.080

“Title plant company” defined. “Title plant company” means a person engaged in the business of preparing title searches, title examinations and certificates or abstracts of title which are the basis ...

Nevada Revised Statutes Section 692A.090

Regulations. The Commissioner may adopt regulations for the administration of this chapter. ...

Nevada Revised Statutes Section 692A.100

Licensing of title agents, title insurers and escrow officers; maintenance and examination of records; separation of money held in escrow.

1. The Commissioner shall provide by regulation for the ...

Nevada Revised Statutes Section 692A.103

Licensing of escrow officers: Application; qualifications; term; renewal; regulations. [Effective until the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and ...

Nevada Revised Statutes Section 692A.103

Licensing of escrow officers: Application; qualifications; term; renewal; regulations. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and ...

Nevada Revised Statutes Section 692A.1033

Payment of child support: Statement by applicant for license as title agent or escrow officer; grounds for denial of license; duty of Commissioner. [Expires by limitation on the date of ...

Nevada Revised Statutes Section 692A.1035

Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license. [Expires by limitation on the date of the repeal of the ...

Nevada Revised Statutes Section 692A.1037

Application for issuance of license as title agent or escrow officer must include social security number. [Expires by limitation on the date of the repeal of the federal law requiring ...

Nevada Revised Statutes Section 692A.104

Fee for issuance or renewal of license as title agent or escrow officer. Before the issuance or renewal of a license as a title agent or escrow officer the applicant ...

Nevada Revised Statutes Section 692A.1041

Duty of title agent and insurer to deposit surety bond with Commissioner; title agency, title insurer and escrow agents required to be named as principals on bond; form and amount ...

Nevada Revised Statutes Section 692A.1042

Title agent or insurer authorized to deposit substitute form of security in lieu of surety bond; amount deposited required to be equal amount of bond; interest or dividends accrue to ...

Nevada Revised Statutes Section 692A.1043

Cancellation of bond: Notices required; revocation of license unless equivalent bond or substitute form of security furnished.

1. The surety may cancel a bond upon giving 60 days’ notice ...

Nevada Revised Statutes Section 692A.1044

Action on bond: Procedure; limitation on time; duties of Commissioner; preliminary payment by surety; action for interpleader; payment.

1. Any person claiming against a bond may bring an action ...

Nevada Revised Statutes Section 692A.1045

Title insurers and title agents: Fees for supervision and examination by Commissioner; standards for determining adequate supervision of title agents and escrow officers.

1. The Commissioner shall establish by ...

Nevada Revised Statutes Section 692A.105

Disciplinary action against title agent or escrow officer or refusal to license.

1. The Commissioner may refuse to license any title agent or escrow officer or may suspend or ...

Nevada Revised Statutes Section 692A.107

Disciplinary action against title insurer or refusal to license.

1. In addition to the grounds provided in NRS 680A.200 for insurers generally, the Commissioner may refuse to license any ...

Nevada Revised Statutes Section 692A.108

Powers of Commissioner when capital of title agent impaired or title agent’s affairs are in unsafe condition.

1. If the Commissioner ascertains that the assets or capital of any ...

Nevada Revised Statutes Section 692A.109

Receivership.

1. The officers, directors, partners, associates or stockholders of the title agent may, within 60 days after the date the Commissioner takes possession of the property, business and ...

Nevada Revised Statutes Section 692A.110

Title insurers: Authorized activities; prohibited activity; certification and supervision of title agents and escrow officers.

1. Each title insurer may:

(a) Engage in title insurance business if licensed ...

Nevada Revised Statutes Section 692A.113

Notification of change of name or location of business; reissuance of license to escrow officer who transfers association; penalties.

1. A title agent or title insurer shall notify the ...

Nevada Revised Statutes Section 692A.117

Confidential records.

1. The Commissioner shall classify as confidential the financial statements of a title agent, escrow officer and title insurer and those records and information obtained by the ...

Nevada Revised Statutes Section 692A.120

Rate schedules, schedules of charges and forms: Filing; approval by Commissioner.

1. Each title insurer shall file with the Commissioner all rate schedules, schedules of charges and all forms, ...

Nevada Revised Statutes Section 692A.130

Publication, contents and filing of schedule of fees and charges; rating organizations; joint underwriting and reinsurance.

1. Every title insurer and every title agent shall print and make available ...

Nevada Revised Statutes Section 692A.140

Schedule of fees and charges: Printing; display; copies; changes and amendments; retention; inspection.

1. The schedules provided for in NRS 692A.130 shall:

(a) Be printed in type not ...

Nevada Revised Statutes Section 692A.150

Reserve against unpaid losses and loss expenses.

1. Each domestic title insurer shall establish and at all times maintain a reserve against:

(a) Unpaid losses; and

(b) ...

Nevada Revised Statutes Section 692A.160

Unearned premium reserve.

1. Each domestic title insurer shall establish and maintain an unearned premium reserve composed of the unearned portions of premiums due or received, which shall be ...

Nevada Revised Statutes Section 692A.170

Foreign or alien title insurers to maintain same reserves required of domestic insurers. Each foreign or alien title insurer licensed to transact title insurance business in this state shall maintain ...

Nevada Revised Statutes Section 692A.180

Limitation on net retained liability for single risk; waiver of limitation by Commissioner.

1. The net retained liability of any title insurer for a single risk, whether assumed directly ...

Nevada Revised Statutes Section 692A.190

When premiums and charges from personal and controlled insurance constitute unlawful rebates.

1. If the premiums and charges received from any one source through personal or controlled insurance exceed ...

Nevada Revised Statutes Section 692A.200

Division of rates and charges. Nothing in this chapter prohibits the division of rates and charges between or among:

1. A title insurer and its agent;

2. Two ...

Nevada Revised Statutes Section 692A.210

Waiver of right to purchase owner’s title insurance upon issuance of policy to mortgagee; form of notice and waiver.

1. A title insurer or title agent who issues a ...

Nevada Revised Statutes Section 692A.220

Search and examination of title required; retention of records.

1. No policy or contract of title insurance may be completed or executed until the title insurer has or has ...

Nevada Revised Statutes Section 692A.230

Title plant companies.

1. No person may engage in business as a title plant company unless he has been granted a license to do so by the Commissioner.

...

Nevada Revised Statutes Section 692A.240

License as title insurer, title agent, escrow officer, escrow agent or escrow agency required to engage in business of administering escrows. It is unlawful for any person to engage in ...

Nevada Revised Statutes Section 692A.250

Money deposited in escrow: Exemption from execution; designation; permissible depository; Commissioner to define “commingling.”

1. Money deposited in escrow is not subject to execution or attachment on any claim ...

Nevada Revised Statutes Section 692A.260

Records of escrow transactions and financial condition; making and filing of statement of business. Each title insurer and title agent shall keep at all times in his principal place of ...

Nevada Revised Statutes Section 692A.265

Title insurer, title agent or escrow officer prohibited from handling certain matters when intermediary involved is not registered; Real Estate Division to publish list of registered intermediaries.

1. A ...

Nevada Revised Statutes Section 692A.270

Applicability of other provisions to title insurers, title agents and escrow officers. The provisions of NRS 683A.341, 683A.400, 683A.451 to 683A.490, inclusive, and 683A.520 apply to title insurers, title agents ...

Nevada Revised Statutes Section 692B.010

Scope. This chapter applies to the formation, after January 1, 1972, of domestic stock and mutual insurers, to the capitalization of domestic stock insurers, and to the financing of domestic ...

Nevada Revised Statutes Section 692B.020

Incorporation.

1. The general corporation laws of this state govern the incorporation of domestic stock and mutual insurers formed after January 1, 1972, where not in conflict with the ...

Nevada Revised Statutes Section 692B.030

Amendment of articles of incorporation; approval of Commissioner; applicability to existing insurers.

1. An amendment of articles of incorporation of a domestic insurer shall not be filed or accepted ...

Nevada Revised Statutes Section 692B.040

Solicitation permit required; penalty.

1. A person forming or proposing to form a domestic insurer, or insurance holding corporation thereof, or corporation to be attorney-in-fact for a domestic reciprocal ...

Nevada Revised Statutes Section 692B.050

“Insurance holding corporation” defined; Massachusetts trusts.

1. As used in this Code, an insurance holding corporation is a corporation, whether or not incorporated under the laws of this state, ...

Nevada Revised Statutes Section 692B.060

Exemptions. NRS 692B.040 does not apply to:

1. Sales of securities not involving a public offering, and under a plan filed with and not disapproved by the Commissioner; that ...

Nevada Revised Statutes Section 692B.070

Application for solicitation permit. [Effective until the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and ...

Nevada Revised Statutes Section 692B.070

Application for solicitation permit. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and ...

Nevada Revised Statutes Section 692B.080

Application for permit to solicit qualifying mutual applications. Written application for any permit required under NRS 692B.040 in connection with the formation of a domestic mutual insurer by the securing ...

Nevada Revised Statutes Section 692B.090

Investigation.

1. Upon completion of the application for a permit under NRS 692B.070 and 692B.080, the Commissioner shall promptly cause an investigation to be made of:

(a) The ...

Nevada Revised Statutes Section 692B.100

Granting or denial of permit.

1. The Commissioner shall expeditiously examine an application for a solicitation permit and complete the investigation as called for. Subject to subsection 2, if ...

Nevada Revised Statutes Section 692B.110

Terms of permit; compliance.

1. Upon filing any bond (or making the deposit in lieu of bond) required under NRS 692B.150 or 692B.210, and upon filing with the Commissioner ...

Nevada Revised Statutes Section 692B.120

Permit as inducement.

1. The granting of a solicitation permit is permissive only and shall not constitute an endorsement by the Commissioner of any person or thing related to ...

Nevada Revised Statutes Section 692B.130

Prospectus required; contents of prospectus; other literature; filing of certain sales literature and visual sales material with Commissioner.

1. An offering of securities, or of insurance policies (in case ...

Nevada Revised Statutes Section 692B.140

Modification or revocation of permit. The Commissioner may for cause modify a solicitation permit theretofore issued; and may after a hearing thereon revoke the permit for a violation of law ...

Nevada Revised Statutes Section 692B.150

Bond; deposit in lieu of bond; waiver or release.

1. Except as otherwise provided in this section, the Commissioner shall not issue a solicitation permit until the applicant has ...

Nevada Revised Statutes Section 692B.160

Rights under permit. Upon issuance to it by the Commissioner of its solicitation permit, a newly formed proposed domestic stock or mutual insurer shall file with the Commissioner a copy ...

Nevada Revised Statutes Section 692B.170

Deposit of money in escrow.

1. The holder of the solicitation permit shall promptly deposit all money except as provided in paragraph (a) of subsection 2, received from an ...

Nevada Revised Statutes Section 692B.180

Subscription contracts.

1. No form of subscription contract to sell securities under a solicitation permit shall be used unless the form has been filed with the Commissioner not less ...

Nevada Revised Statutes Section 692B.190

License to sell securities. [Effective until the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and ...

Nevada Revised Statutes Section 692B.190

License to sell securities. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and ...

Nevada Revised Statutes Section 692B.193

Payment of child support: Statement by applicant for permit or license; grounds for denial of permit or license; duty of Commissioner. [Expires by limitation on the date of the repeal ...

Nevada Revised Statutes Section 692B.197

Suspension of permit or license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of permit or license. [Expires by limitation on the date of ...

Nevada Revised Statutes Section 692B.200

Mutual insurers: Initial qualifications.

1. When newly organized, a domestic mutual insurer may be authorized to transact any one of the kinds of insurance listed in the schedule contained ...

Nevada Revised Statutes Section 692B.210

Mutual insurers: Permit; bond or deposit.

1. Before soliciting applications for insurance as required under NRS 692B.200, the incorporators of the proposed insurer shall procure a solicitation permit as ...

Nevada Revised Statutes Section 692B.220

Mutual insurers: Qualifying applications for insurance.

1. Upon issuance of the required solicitation permit, the proposed insurer may commence solicitation of requisite applications for insurance policies and may receive ...

Nevada Revised Statutes Section 692B.230

Mutual insurers: Deposit of premiums in escrow.

1. All sums collected by a domestic mutual corporation as premiums or fees on qualifying applications for insurance therein must be deposited ...

Nevada Revised Statutes Section 692B.240

Failure to complete or qualify.

1. The Commissioner shall withdraw all funds held in escrow under NRS 692B.170, and refund to securities subscribers or purchasers all sums paid in ...

Nevada Revised Statutes Section 692B.250

Voluntary dissolution.

1. At any time prior to the issuance of a certificate of authority to a proposed domestic stock or mutual insurer, the incorporators may voluntarily surrender the ...

Nevada Revised Statutes Section 692B.260

Subsequent financing: Solicitation permit required; penalty.

1. No person referred to in NRS 692B.040 (solicitation permit required), after receiving a certificate of authority, if an insurer, or after completing ...

Nevada Revised Statutes Section 692C.010

Short title. This chapter may be cited as the Insurance Holding Company Law. ...

Nevada Revised Statutes Section 692C.020

Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 692C.025 to 692C.110, inclusive, have the meanings ascribed to them in those ...

Nevada Revised Statutes Section 692C.025

“Acquisition” defined. “Acquisition” means any agreement, arrangement or activity, the consummation of which results in a person directly or indirectly acquiring the control of another person. The term includes, but ...

Nevada Revised Statutes Section 692C.030

“Affiliate” defined. “Affiliate” means a person who directly or indirectly, through one or more intermediaries, controls or is controlled by or is under common control with another designated person. ...

Nevada Revised Statutes Section 692C.040

“Commissioner” defined. “Commissioner” means the Commissioner of Insurance, his deputies, or the Division, as appropriate. ...

Nevada Revised Statutes Section 692C.050

“Control” defined.

1. “Control” means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a person, whether through ...

Nevada Revised Statutes Section 692C.060

“Insurance holding company system” defined. “Insurance holding company system” means a combination of two or more affiliated persons, one or more of which is an insurer. ...

Nevada Revised Statutes Section 692C.070

“Insurer” defined. “Insurer” has the meaning ascribed in NRS 679A.100. It does not include agencies, authorities or instrumentalities of the United States, its possessions and territories, the Commonwealth of Puerto ...

Nevada Revised Statutes Section 692C.075

“Involved insurer” defined. “Involved insurer” includes an insurer that:

1. Acquires a person or is acquired by a person;

2. Is affiliated with an insurer that acquires a ...

Nevada Revised Statutes Section 692C.080

“Person” defined. “Person” includes an individual, corporation, limited-liability company, partnership, association, joint stock company, trust, unincorporated organization or any similar entity, or any combination thereof acting in concert. The term ...

Nevada Revised Statutes Section 692C.090

“Security holder” defined. “Security holder” means one who owns any security of a designated person, including common stock, preferred stock, debt obligations, and any other security convertible into or evidencing ...

Nevada Revised Statutes Section 692C.100

“Subsidiary” defined. “Subsidiary” means an affiliate of a designated person who is controlled by such person directly or indirectly through one or more intermediaries. ...

Nevada Revised Statutes Section 692C.110

“Voting security” defined. “Voting security” includes any security convertible into or evidencing a right to acquire a voting security. ...

Nevada Revised Statutes Section 692C.120

Rules, regulations and orders. The Commissioner may, pursuant to NRS 679B.130, issue such rules, regulations and orders as shall be necessary to carry out the provisions of this chapter. ...

Nevada Revised Statutes Section 692C.130

Organization and acquisition of subsidiaries authorized. Any domestic insurer, either by itself or in cooperation with one or more persons, may organize or acquire one or more subsidiaries. Such subsidiaries ...

Nevada Revised Statutes Section 692C.140

Authorized investments in securities of subsidiaries. In addition to making investments in common stock, preferred stock, debt obligations and other securities permitted under chapter 682A of NRS, a domestic insurer ...

Nevada Revised Statutes Section 692C.150

Exemption from restrictions on investments. Investments in common stock, preferred stock, debt obligations or other securities of subsidiaries made pursuant to NRS 692C.140 shall not be subject to any of ...

Nevada Revised Statutes Section 692C.160

Determination of qualification of investment. Whether or not any investment made pursuant to NRS 692C.140 meets the applicable requirements thereof is to be determined immediately after such investment is made, ...

Nevada Revised Statutes Section 692C.170

Cessation of control: Disposal of investment required; exception. If an insurer ceases to control a subsidiary, it shall dispose of any investment therein made pursuant to NRS 692C.140 within 3 ...

Nevada Revised Statutes Section 692C.180

Acquisition or merger: Filing requirements; approval by Commissioner.

1. No person other than the issuer may make a tender for or a request or invitation for tenders of, or ...

Nevada Revised Statutes Section 692C.190

Acquisition or merger: Contents of statement. The statement to be filed with the Commissioner hereunder shall be made under oath or affirmation and shall contain the following:

1. The ...

Nevada Revised Statutes Section 692C.200

Acquisition or merger: Use of alternative documents. If any offer, request, invitation, agreement or acquisition referred to in NRS 692C.180 is proposed to be made by means of a registration ...

Nevada Revised Statutes Section 692C.210

Acquisition or merger: Prerequisites for approval; hearing and notice; powers and duties of Commissioner; period for infusion of capital.

1. Except as otherwise provided in subsection 5, the Commissioner ...

Nevada Revised Statutes Section 692C.220

Information to be furnished to shareholders. All statements, amendments or other material filed pursuant to NRS 692C.180 and 692C.190 and all notices of public hearings held pursuant to NRS 692C.210 ...

Nevada Revised Statutes Section 692C.230

Exemptions. The provisions of NRS 692C.180 to 692C.250, inclusive, do not apply to:

1. A transaction which is subject to the provisions of NRS 693A.290 to 693A.370, inclusive, dealing ...

Nevada Revised Statutes Section 692C.240

Violations. The following shall be violations of NRS 692C.180 to 692C.250, inclusive:

1. The failure to file any statement, amendment or other material required to be filed pursuant to ...

Nevada Revised Statutes Section 692C.250

Jurisdiction of court; consent to service of process.

1. The courts of this state are hereby vested with jurisdiction over every person not resident, domiciled or authorized to do ...

Nevada Revised Statutes Section 692C.252

Applicability. The provisions of this chapter apply to any acquisition in which a change in control of an insurer who is authorized to do business in this state occurs, except:

Nevada Revised Statutes Section 692C.254

Form of notice; waiting period.

1. An acquisition to which the provisions of NRS 692C.252 apply is subject to an order issued pursuant to NRS 692C.258 unless:

(a) ...

Nevada Revised Statutes Section 692C.256

Order of Commissioner relating to acquisition: Issuance; standards.

1. The Commissioner may issue an order pursuant to NRS 692C.258 relating to an acquisition if:

(a) The effect of ...

Nevada Revised Statutes Section 692C.258

Order of Commissioner relating to acquisition: Hearing; written decision; effective date; plan to remedy conditions that caused order to be issued; applicability; penalty.

1. Except as otherwise provided in ...

Nevada Revised Statutes Section 692C.260

Registration required; person within insurance holding company system subject to registration required to provide information to insurer.

1. Every insurer which is authorized to do business in this state ...

Nevada Revised Statutes Section 692C.270

Registration statement: Contents. Every insurer subject to registration shall file a registration statement on a form provided by the Commissioner, which must contain current information about:

1. The capital ...

Nevada Revised Statutes Section 692C.280

Registration statement: Exempt information. No information need be disclosed on the registration statement filed pursuant to NRS 692C.270 if such information is not material for the purposes of NRS 692C.260 ...

Nevada Revised Statutes Section 692C.290

Registration statement: Amendment; report of distributions to shareholders. Each registered insurer shall keep current the information required to be disclosed in its registration statement by reporting all material changes or ...

Nevada Revised Statutes Section 692C.300

Termination of registration. The Commissioner shall terminate the registration of any insurer which demonstrates that it no longer is a member of an insurance holding company system. ...

Nevada Revised Statutes Section 692C.310

Consolidated registration. The Commissioner may require or allow two or more affiliated insurers subject to registration hereunder to file a consolidated registration statement or consolidated reports amending their consolidated registration ...

Nevada Revised Statutes Section 692C.320

Registration on behalf of affiliated insurer. The Commissioner may allow an insurer which is authorized to do business in this state and which is part of an insurance holding company ...

Nevada Revised Statutes Section 692C.330

Disclaimer of affiliation; disallowance.

1. Any person may file with the Commissioner:

(a) A disclaimer of affiliation with any authorized insurer specified in the disclaimer; or

(b) ...

Nevada Revised Statutes Section 692C.340

Exemptions. The provisions of NRS 692C.260 to 692C.350, inclusive, shall not apply to any insurer, information or transaction if and to the extent that the Commissioner by rule, regulation or ...

Nevada Revised Statutes Section 692C.350

Violations; penalties.

1. The failure to file a registration statement or any amendment thereto required by NRS 692C.260 to 692C.350, inclusive, within the time specified for the filing is ...

Nevada Revised Statutes Section 692C.355

Proposal to acquire or change or continue control of insurer domiciled in State: Notice; action by Commissioner. An insurer, financial holding company, depositary institution or affiliate of any of them ...

Nevada Revised Statutes Section 692C.360

Transactions with affiliates. Material transactions by registered insurers with their affiliates are subject to all of the following standards:

1. The terms must be fair and reasonable.

2. ...

Nevada Revised Statutes Section 692C.363

Insurer required to notify Commissioner of intent to enter into certain transactions with affiliate; approval of transactions; exceptions.

1. A domestic insurer shall not enter into any of the ...

Nevada Revised Statutes Section 692C.367

Insurer prohibited from entering into separate transactions with affiliate with intent to avoid review; review of transactions by Commissioner; insurer to notify Commissioner of large investment in corporation.

1. ...

Nevada Revised Statutes Section 692C.370

Adequacy of surplus. For the purposes of this chapter, in determining whether or not an insurer’s surplus as regards policyholders is reasonable in relation to the insurer’s outstanding liabilities and ...

Nevada Revised Statutes Section 692C.380

Extraordinary distributions to shareholders: Definition. For purposes of NRS 692C.360 to 692C.400, inclusive, an extraordinary dividend or distribution includes any dividend or distribution of cash or other property, whose fair ...

Nevada Revised Statutes Section 692C.390

Extraordinary distributions to shareholders: Notice; approval.

1. An insurer subject to registration under NRS 692C.260 to 692C.350, inclusive, shall not pay any extraordinary dividend or make any other extraordinary ...

Nevada Revised Statutes Section 692C.400

Extraordinary distributions to shareholders: Conditional declaration. Notwithstanding any other provision of law, an insurer may declare an extraordinary dividend or distribution which is conditional upon the Commissioner’s approval thereof, and ...

Nevada Revised Statutes Section 692C.402

Sources from which receiver appointed under order for liquidation or rehabilitation of insurer is authorized to recover.

1. If an order for liquidation or rehabilitation of a domestic insurer ...

Nevada Revised Statutes Section 692C.404

Liability of person who controlled insurer or affiliate at time distributions were paid or declared.

1. A person who was a parent corporation or holding company, or a person ...

Nevada Revised Statutes Section 692C.410

Powers of Commissioner; expense of examination.

1. Subject to the limitation contained in this section and in addition to the powers which the Commissioner has under NRS 679B.230 to ...

Nevada Revised Statutes Section 692C.420

Confidentiality of disclosed information; exception.

1. All information, documents and copies thereof obtained by or disclosed to the Commissioner or any other person in the course of an examination ...

Nevada Revised Statutes Section 692C.430

Injunctive relief. Whenever it appears to the Commissioner that any insurer or any director, officer, employee or agent thereof has committed or is about to commit a violation of this ...

Nevada Revised Statutes Section 692C.440

Prohibited voting of securities.

1. No security which is the subject of any agreement or arrangement regarding acquisition, or which is acquired or to be acquired, in contravention of ...

Nevada Revised Statutes Section 692C.450

Sequestration of voting securities. In any case where a person has acquired or is proposing to acquire any voting securities in violation of this chapter or any rule, regulation or ...

Nevada Revised Statutes Section 692C.460

Receivership. Whenever it appears to the Commissioner that any person has committed a violation of this chapter, which so impairs the financial condition of a domestic insurer as to threaten ...

Nevada Revised Statutes Section 692C.470

Suspension, revocation or refusal of license. Whenever it appears to the Commissioner that any person has committed a violation of this chapter which makes the continued operation of an insurer ...

Nevada Revised Statutes Section 692C.480

Criminal proceedings and penalties.

1. Whenever it appears to the Commissioner that any insurer or any director, officer, employee or agent thereof has committed a willful violation of this ...

Nevada Revised Statutes Section 692C.485

Penalty for violation of certain provisions by director or officer of insurance holding company system; order of Commissioner to cease and desist; order of Commissioner to rescind certain contracts.

...

Nevada Revised Statutes Section 692C.490

Judicial review.

1. Any person aggrieved by any act, determination, regulation, order or any other action of the Commissioner pursuant to this chapter may petition for review thereof in ...

Nevada Revised Statutes Section 693A.010

Scope.

1. Except as provided in subsection 2, this chapter applies only to domestic stock insurers and domestic mutual insurers.

2. Subsection 3 of NRS 693A.050 also applies ...

Nevada Revised Statutes Section 693A.020

Applicability of statutes relating to corporations. Domestic stock and mutual insurers shall be governed by the applicable provisions of the general statutes of this state relating to private corporations as ...

Nevada Revised Statutes Section 693A.030

Domestic insurer prohibited from engaging in other business; exceptions.

1. Except as otherwise provided in subsections 2, 3 and 4, a domestic insurer formed before, on or after January ...

Nevada Revised Statutes Section 693A.040

Principal offices.

1. Except as provided in subsection 2, every domestic insurer shall have and maintain its principal office and principal place of business in this state.

2. ...

Nevada Revised Statutes Section 693A.050

Books, records, documents, accounts and vouchers.

1. Every domestic insurer shall keep at its principal place of business its books, records, documents, accounts and vouchers in such a manner ...

Nevada Revised Statutes Section 693A.060

Assets to be kept in State; exception.

1. Every domestic insurer shall keep its assets within the State of Nevada, except where requisite for the normal transaction of its ...

Nevada Revised Statutes Section 693A.070

Removal or concealment of records or assets.

1. A person shall not remove all or any material part of the records or assets of a domestic insurer from this ...

Nevada Revised Statutes Section 693A.080

Information to stockholders and regulation of proxies: Scope of provisions.

1. This section and NRS 693A.090 and 693A.100 apply to all domestic stock insurers except:

(a) A domestic ...

Nevada Revised Statutes Section 693A.090

Information to stockholders and regulation of proxies: Information in advance of meetings. Every insurer to which this section and NRS 693A.080 and 693A.100 apply shall seasonably furnish to its stockholders, ...

Nevada Revised Statutes Section 693A.100

Information to stockholders and regulation of proxies: Solicitation and form of proxies.

1. No person shall solicit a proxy, consent or authorization in respect of any stock or other ...

Nevada Revised Statutes Section 693A.110

Management and agency contracts; regulations.

1. After January 1, 1972, a domestic insurer shall not make any contract whereby any person is granted or is to enjoy in fact ...

Nevada Revised Statutes Section 693A.120

Prohibited pecuniary interest of officers; regulations.

1. Any officer or director, or any member of any committee or an employee of a domestic insurer, having the duty or power ...

Nevada Revised Statutes Section 693A.130

Liability of officers and others for paying taxes, licenses and fees. No director, trustee, officer or agent of any insurer shall be subject to personal liability by reason of any ...

Nevada Revised Statutes Section 693A.140

Dividends to stockholders.

1. A domestic stock insurer shall not pay any cash dividend to stockholders except out of that part of its available and accumulated surplus money otherwise ...

Nevada Revised Statutes Section 693A.150

Participating policies.

1. If provided for in its articles of incorporation or charter, a stock insurer or mutual insurer may:

(a) Issue any or all of its policies ...

Nevada Revised Statutes Section 693A.160

Dividends to policyholders.

1. The directors of a domestic mutual insurer may from time to time apportion and pay or credit to its members dividends only out of that ...

Nevada Revised Statutes Section 693A.170

Purchase of own shares by stock insurer. A domestic insurer shall have the right to purchase or acquire shares of its own stock only as follows:

1. For elimination ...

Nevada Revised Statutes Section 693A.180

Borrowing.

1. A domestic stock or mutual insurer may without pledge of assets borrow money to defray expenses of its organization, provide surplus funds or for any purpose of ...

Nevada Revised Statutes Section 693A.190

Mutual insurers: Additional kinds of insurance. A domestic mutual insurer after being authorized to transact one kind of insurance may be authorized to transact such additional kinds of insurance as ...

Nevada Revised Statutes Section 693A.200

Mutual insurers: Membership.

1. Each policyholder of a domestic mutual insurer, other than a policyholder of a reinsurance contract, is a member of the insurer during the period of ...

Nevada Revised Statutes Section 693A.210

Mutual insurers: Bylaws. Every domestic mutual insurer shall promptly file with the Commissioner a copy, certified by the insurer’s secretary, of its bylaws and of every modification thereof or addition ...

Nevada Revised Statutes Section 693A.220

Mutual insurers: Contingent liability of members.

1. Except as otherwise provided in NRS 693A.250 with respect to nonassessable policies, each member of a domestic mutual insurer shall have a ...

Nevada Revised Statutes Section 693A.230

Mutual insurers: Levy of contingent liability.

1. If at any time the assets of a domestic mutual insurer are less than its liabilities and the minimum amount of surplus ...

Nevada Revised Statutes Section 693A.240

Mutual insurers: Enforcement of contingent liability.

1. The insurer shall notify each member of the amount of the assessment to be paid by written notice mailed to the address ...

Nevada Revised Statutes Section 693A.250

Mutual insurers: Nonassessable policies; revocation of authority.

1. A domestic mutual insurer, by depositing through the Commissioner and thereafter maintaining unimpaired surplus funds not less in amount than the ...

Nevada Revised Statutes Section 693A.260

Impairment of capital, surplus or assets: Notice; time to cure; restrictions.

1. If at any time the amount of assets of a domestic stock or mutual insurer are less ...

Nevada Revised Statutes Section 693A.270

Impairment of capital, surplus or assets: Curing deficiency; failure to cure.

1. A deficiency referred to in NRS 693A.260 may be made good in whole or in part in ...

Nevada Revised Statutes Section 693A.280

Impairment of capital, surplus or assets: Violation of restrictions; penalty. If, while any such deficiency exists any officer, director, representative or employee of the insurer knowingly violates or fails to ...

Nevada Revised Statutes Section 693A.290

Mutualization of stock insurer.

1. A stock insurer other than a title insurer may become a mutual insurer under such plan and procedure as may be approved by the ...

Nevada Revised Statutes Section 693A.300

Conversion to ordinary business corporation.

1. A domestic stock insurer may convert to a Nevada ordinary business corporation through the following procedures:

(a) The insurer must give the ...

Nevada Revised Statutes Section 693A.310

Affiliation of stock insurers.

1. A domestic stock insurer shall not acquire a controlling interest in the shares of another stock insurer by an exchange of securities or partly ...

Nevada Revised Statutes Section 693A.320

Acquisition of controlling stock.

1. Any person proposing to acquire the controlling capital stock of any domestic stock insurer and thereby to change the control of the insurer, other ...

Nevada Revised Statutes Section 693A.330

Merger or consolidation of stock insurers.

1. Subject to subsections 2 and 3, a domestic stock insurer may merge or consolidate with one or more domestic or foreign stock ...

Nevada Revised Statutes Section 693A.340

Preservation of old charter in merger or consolidation.

1. In any merger or consolidation of a foreign stock or mutual insurer into or with a domestic insurer under NRS ...

Nevada Revised Statutes Section 693A.350

Merger or consolidation of mutual insurers.

1. A domestic mutual insurer shall not merge or consolidate with a stock insurer.

2. Except as provided in this section, a ...

Nevada Revised Statutes Section 693A.365

Assumption of reinsurance: Limitations; application of provisions.

1. A domestic property or casualty insurer with less than $3,000,000 in surplus as regards policyholders shall not, without the written approval ...

Nevada Revised Statutes Section 693A.370

Bulk reinsurance: Limitation; approval by Commissioner and members.

1. A domestic insurer shall not reinsure with another insurer all or substantially all of its business in force, or of ...

Nevada Revised Statutes Section 693A.380

Bulk reinsurance: Certificate of fees and commissions; restrictions upon payment; penalty.

1. At the time of filing the agreement of bulk reinsurance with the Commissioner as provided in NRS ...

Nevada Revised Statutes Section 693A.390

Member’s share of assets on liquidation.

1. Upon any liquidation of a domestic mutual insurer, its assets remaining after discharge of its indebtedness, policy obligations, repayment of contributed or ...

Nevada Revised Statutes Section 693A.400

Definitions. As used in NRS 693A.400 to 693A.540, inclusive, unless the context otherwise requires, the words and terms defined in NRS 693A.405 to 693A.430, inclusive, have the meanings ascribed to ...

Nevada Revised Statutes Section 693A.405

“Closed block” defined. “Closed block” means an allocation of assets of the converting mutual sufficient to maintain payments of guaranteed benefits and the continuation of the current dividends for eligible ...

Nevada Revised Statutes Section 693A.410

“Consideration” defined. “Consideration” means cash, stock or other valuable compensation approved by the Commissioner. ...

Nevada Revised Statutes Section 693A.415

“Converting mutual” defined. “Converting mutual” means a domestic mutual insurance company or a mutual insurance holding company that has adopted a plan of conversion to a domestic stock insurance company ...

Nevada Revised Statutes Section 693A.420

“Eligible member” defined. “Eligible member” means a person who has a membership interest in the converting mutual on the date on which the board of directors of the converting mutual ...

Nevada Revised Statutes Section 693A.425

“New stock insurer” defined. “New stock insurer” means the domestic stock insurer that is created when the Commissioner issues a certificate of authority to a converting mutual pursuant to NRS ...

Nevada Revised Statutes Section 693A.430

“Policyholder” defined. “Policyholder” means a person who holds a policy issued by the converting mutual on the day on which the plan of conversion is initially approved by the board ...

Nevada Revised Statutes Section 693A.435

Procedure for conversion. A domestic mutual insurer or a mutual insurance holding company may amend its articles of incorporation to become a domestic stock insurer by complying with NRS 693A.400 ...

Nevada Revised Statutes Section 693A.440

Resolution by board of directors; plan of conversion.

1. The board of directors of a domestic mutual insurer or a mutual insurance holding company may adopt a resolution proposing ...

Nevada Revised Statutes Section 693A.445

Application for conversion: Filing and contents; filing fee. A converting mutual shall file with the Commissioner an application to convert to a domestic stock insurer. The application must be accompanied ...

Nevada Revised Statutes Section 693A.450

Public hearing on application. The Commissioner shall conduct a public hearing not later than 120 days after the date on which the application is filed unless, for good cause, he ...

Nevada Revised Statutes Section 693A.455

Action by Commissioner on application.

1. The Commissioner shall issue an order making an initial determination of approval or disapproval of the application not later than 30 days after ...

Nevada Revised Statutes Section 693A.460

Meeting and vote of policyholders; notice.

1. Unless the Commissioner for good cause establishes a different time, the converting mutual shall, not less than 45 days after the date ...

Nevada Revised Statutes Section 693A.465

Abandonment of plan of conversion. A converting mutual may, by not less than a two-thirds vote of the members of its board of directors and with the approval of the ...

Nevada Revised Statutes Section 693A.470

Issuance and notice of final order approving application; issuance and effect of certificate of authority.

1. The Commissioner shall:

(a) Enter a final order approving the application to ...

Nevada Revised Statutes Section 693A.475

Authority of Commissioner to engage services of experts; payment of costs to review plan of conversion. In determining whether a plan of conversion meets the requirements of NRS 693A.400 to ...

Nevada Revised Statutes Section 693A.480

Confidentiality and publication of pertinent information and documents.

1. Except as otherwise provided in subsection 2, all information and documents obtained by or disclosed to the Commissioner or any ...

Nevada Revised Statutes Section 693A.485

Continuation of corporate existence of converting mutual. The corporate existence of a converting mutual pursuant to NRS 693A.400 to 693A.540, inclusive, does not terminate, and the new stock insurer shall ...

Nevada Revised Statutes Section 693A.490

Purchase of stock by directors, officers, employees, agents or trustees. The provisions of NRS 693A.400 to 693A.540, inclusive, do not prohibit the inclusion in the plan of conversion of provisions ...

Nevada Revised Statutes Section 693A.495

Receipt of fee, commission or other consideration for aiding, promoting or assisting in plan of conversion.

1. No director, officer, employee or agent of the converting mutual, or any ...

Nevada Revised Statutes Section 693A.500

Offers to acquire and acquisition of voting securities of new stock insurer or institution that owns majority of voting securities of new stock insurer.

1. Except as otherwise specifically ...

Nevada Revised Statutes Section 693A.505

Unlawful acquisition of securities: Voting of securities prohibited; injunctive and other relief.

1. No security which is the subject of any agreement or arrangement regarding acquisition, or which is ...

Nevada Revised Statutes Section 693A.510

Unlawful acquisition of securities: Seizure or sequestration of securities. In any case where a person has acquired or is proposing to acquire any voting securities in violation of NRS 693A.400 ...

Nevada Revised Statutes Section 693A.515

Unlawful acquisition of securities: Imposition of administrative penalty for violation. A person who offers to acquire or acquires a security in violation of subsection 1 of NRS 693A.500 may be ...

Nevada Revised Statutes Section 693A.520

Unlawful acquisition of securities: Imposition of administrative penalty against director, officer or agent. Any director or officer of a person, or an agent of the person, who knowingly violates or ...

Nevada Revised Statutes Section 693A.525

Unlawful acquisition of securities: Orders by Commissioner.

1. If the Commissioner has reason to believe that any person or any director, officer, employee or agent of the person is ...

Nevada Revised Statutes Section 693A.530

Regulations and orders of Commissioner. The Commissioner may adopt such regulations and issue such orders as he determines are necessary to carry out the provisions of NRS 693A.400 to 693A.540, ...

Nevada Revised Statutes Section 693A.535

Judicial review of final order of Commissioner. Any person aggrieved by a final order of the Commissioner issued pursuant to NRS 693A.400 to 693A.540, inclusive, may petition for judicial review ...

Nevada Revised Statutes Section 693A.540

Enforcement of provisions by Commissioner. Whenever it appears to the Commissioner that any person or any director, officer, employee or agent of the person has committed or is about to ...

Nevada Revised Statutes Section 693A.550

Definitions. As used in NRS 693A.550 to 693A.665, inclusive, unless the context otherwise requires, the words and terms defined in NRS 693A.555 to 693A.570, inclusive, have the meanings ascribed to ...

Nevada Revised Statutes Section 693A.555

“Intermediate stock holding company” defined. “Intermediate stock holding company” means a holding company of which at least a majority of the voting securities are owned by a mutual insurance holding ...

Nevada Revised Statutes Section 693A.560

“Mutual insurance holding company” defined. “Mutual insurance holding company” means a holding company based on a mutual plan which at all times owns a majority of the voting securities of ...

Nevada Revised Statutes Section 693A.565

“Reorganized stock insurer” defined. “Reorganized stock insurer” means a stock insurer subsidiary that results from a reorganization of a domestic mutual insurer pursuant to NRS 693A.550 to 693A.665, inclusive. ...

Nevada Revised Statutes Section 693A.570

“Voting securities” defined. “Voting securities” means securities of any class or any ownership interest having voting power for the election of directors, trustees or management, other than securities having voting ...

Nevada Revised Statutes Section 693A.575

Procedure for reorganization. A domestic mutual insurer may, by complying with NRS 693A.550 to 693A.665, inclusive, and obtaining the approval of the Commissioner, reorganize by:

1. Merging the membership ...

Nevada Revised Statutes Section 693A.580

Proposed plan of reorganization: Filing and contents; filing fee. A domestic mutual insurer shall file with the Commissioner for review and approval a proposed plan of reorganization that has been ...

Nevada Revised Statutes Section 693A.585

Public hearing on proposed plan. Unless the Commissioner, for good cause, extends the time, the Commissioner shall conduct a public hearing regarding a proposed plan of reorganization not later than ...

Nevada Revised Statutes Section 693A.590

Action by Commissioner on proposed plan; notice and expiration of approval.

1. The Commissioner shall issue an order approving or disapproving a proposed plan of reorganization not later than ...

Nevada Revised Statutes Section 693A.595

Meeting and vote of policyholders; notice.

1. Within 45 days after the date of the Commissioner’s approval of a plan of reorganization pursuant to NRS 693A.590, unless extended by ...

Nevada Revised Statutes Section 693A.600

Abandonment of plan of reorganization. A mutual insurer may, by not less than a two-thirds vote of the members of its board of directors and with the approval of the ...

Nevada Revised Statutes Section 693A.605

Issuance and effect of certificate of authority.

1. The Commissioner shall issue a certificate of authority to a reorganized stock insurer when the mutual insurer files with the Commissioner ...

Nevada Revised Statutes Section 693A.610

Authority of Commissioner to engage services of experts; payment of costs to review plan of reorganization. In determining whether a plan of reorganization meets the requirements of the provisions of ...

Nevada Revised Statutes Section 693A.615

Confidentiality and publication of pertinent information and documents.

1. Except as otherwise provided in subsection 2, all information and documents obtained by or disclosed to the Commissioner or any ...

Nevada Revised Statutes Section 693A.620

Continuation of corporate existence of mutual insurer. The corporate existence of a mutual insurer reorganizing pursuant to NRS 693A.550 to 693A.665, inclusive, does not terminate, and the reorganized stock insurer ...

Nevada Revised Statutes Section 693A.625

Issuance of initial shares of capital stock; identity and rights of policyholders; status, rights, duties and assets of holding company.

1. All the initial shares of the capital stock ...

Nevada Revised Statutes Section 693A.630

Conversion of mutual insurance holding company to domestic stock insurance company not prohibited. Nothing contained in NRS 693A.550 to 693A.665, inclusive, prohibits a mutual insurance holding company from converting to ...

Nevada Revised Statutes Section 693A.635

Membership interest in mutual insurance holding company is not security. A membership interest in a mutual insurance holding company does not constitute a security under the laws of this state. ...

Nevada Revised Statutes Section 693A.640

Receipt of fee, commission or other consideration for aiding, promoting or assisting in plan of reorganization.

1. No director, officer, employee or agent of the mutual insurer, or any ...

Nevada Revised Statutes Section 693A.645

Mutual insurance holding company: Annual filing requirements.

1. A mutual insurance holding company shall file with the Commissioner, by March 1 of each year, an annual statement consisting of ...

Nevada Revised Statutes Section 693A.650

Mutual insurance holding company: Production of records, books or other information and papers. The Commissioner may order the production of any records, books or other information and papers in the ...

Nevada Revised Statutes Section 693A.655

Regulations and orders of Commissioner. The Commissioner may adopt such regulations and issue such orders as he determines are necessary to carry out the provisions of NRS 693A.550 to 693A.665, ...

Nevada Revised Statutes Section 693A.660

Judicial review of final order of Commissioner. Any person aggrieved by a final order of the Commissioner issued pursuant to the provisions of NRS 693A.550 to 693A.665, inclusive, may petition ...

Nevada Revised Statutes Section 693A.665

Enforcement of provisions by Commissioner. Whenever it appears to the Commissioner that any person or any director, officer, employee or agent of the person has committed or is about to ...

Nevada Revised Statutes Section 693B.010

Definitions. As used in this chapter, unless the context otherwise requires:

1. “Acting Director” means an acting Director elected or appointed in accordance with this chapter.

2. “Acting ...

Nevada Revised Statutes Section 693B.020

Adoption of bylaws for emergency: Procedure; provisions; approval.

1. With the approval of the Commissioner, any domestic organization may at any time adopt, in the same manner as in ...

Nevada Revised Statutes Section 693B.030

Change of location of principal office; notice to Commissioner. Any domestic organization, without complying with any provision of law requiring approval, or application for approval, of a change of location ...

Nevada Revised Statutes Section 693B.040

Board meetings: Call; notice. Notwithstanding any contrary provision of law or of its charter, if at any time during an acute emergency affecting any domestic organization, no person otherwise empowered ...

Nevada Revised Statutes Section 693B.050

Emergency board of directors: Numbers; authorized action. If three or more directors or acting directors of any domestic organization are present at any meeting of its board duly convened during ...

Nevada Revised Statutes Section 693B.060

Emergency board of directors: Powers. The powers of an emergency board of directors shall include, but shall not be limited to, the following:

1. At any meeting to elect ...

Nevada Revised Statutes Section 693B.070

Commissioner to be notified of meetings of emergency board of directors. As soon as practicable after each meeting of an emergency board of directors, the person who presided thereat shall ...

Nevada Revised Statutes Section 693B.080

Acting directors: Qualifications; oaths not required. No person prohibited by law or by the charter of a domestic organization from serving as a member of its board shall be eligible ...

Nevada Revised Statutes Section 693B.090

Acting directors: Powers; compensation. Acting directors elected pursuant to the provisions of NRS 693B.060, or appointed pursuant to the provisions of NRS 693B.110, shall be entitled to notice of and ...

Nevada Revised Statutes Section 693B.100

Acting officers: Powers, duties and compensation. Acting officers elected pursuant to NRS 693B.060 shall have such powers and duties and receive such compensation as may from time to time be ...

Nevada Revised Statutes Section 693B.110

Designation of acting directors by Commissioner. If, at any time during an acute emergency, the number of directors or acting directors of a domestic organization who are capable of acting ...

Nevada Revised Statutes Section 693B.120

Power of Commissioner to resolve controversy concerning actions of emergency board of directors. To resolve controversy as to the power of any group of persons purporting to act as an ...

Nevada Revised Statutes Section 693B.130

Commissioner may declare certain provisions of law operative and inoperative; powers of companies, officers and directors.

1. At any time after an attack, upon his determination that such action ...

Nevada Revised Statutes Section 693B.140

Commissioner may take possession of business and property of organizations. Upon the Commissioner’s determination that, as a result of an acute emergency, the business and affairs of an organization cannot ...

Nevada Revised Statutes Section 693B.150

Commissioner to exercise powers only if court not available to make necessary orders; regulations, directives and orders of Commissioner.

1. The powers given the Commissioner by NRS 693B.120 and ...

Nevada Revised Statutes Section 693B.160

Presumption of acute emergency; powers of board or emergency board of directors.

1. In any action or proceeding it shall be presumed that an acute emergency existing within any ...

Nevada Revised Statutes Section 693B.170

Effect of chapter on organization’s power and on foreign and alien companies. Nothing in this chapter shall be construed to limit the powers of any organization, or to permit or ...

Nevada Revised Statutes Section 694A.010

“Equity security” defined. The term “equity security” when used in this chapter means:

1. Any stock or similar security;

2. Any security convertible, with or without consideration, into ...

Nevada Revised Statutes Section 694A.020

Beneficial owner, director or officer required to file statements concerning equity securities with Commissioner. Every person who is directly or indirectly the beneficial owner of more than 10 percent of ...

Nevada Revised Statutes Section 694A.030

Profits realized from certain transactions recoverable by insurer; actions, limitations and exceptions.

1. For the purpose of preventing the unfair use of information which may have been obtained by ...

Nevada Revised Statutes Section 694A.040

Unlawful sales of equity securities. It is unlawful for any such beneficial owner, director or officer, directly or indirectly, to sell any equity security of such insurer if the person ...

Nevada Revised Statutes Section 694A.050

Investment accounts and transactions.

1. The provisions of NRS 694A.030 do not apply to any purchase and sale, or sale and purchase, and the provisions of NRS 694A.040 do ...

Nevada Revised Statutes Section 694A.060

Foreign or domestic arbitrage transactions. The provisions of NRS 694A.020, 694A.030 and 694A.040 do not apply to foreign or domestic arbitrage transactions unless made in contravention of such rules and ...

Nevada Revised Statutes Section 694A.070

Inapplicability of provisions to stock insurers. The provisions of NRS 694A.020, 694A.030 and 694A.040 do not apply to equity securities of a domestic stock insurer if:

1. Such securities ...

Nevada Revised Statutes Section 694A.080

Regulations; classification of insurers and securities; acts done or omitted in good faith.

1. The Commissioner shall have the power to make such rules and regulations as may be ...

Nevada Revised Statutes Section 694B.010

“Reciprocal” insurance defined. As used in this Code, “reciprocal” insurance is that resulting from an interchange among persons, known as “subscribers,” of reciprocal agreements of indemnity, the interchange being effectuated ...

Nevada Revised Statutes Section 694B.020

Scope.

1. All authorized reciprocal insurers shall be governed by those sections of this chapter not expressly made applicable to domestic reciprocals.

2. After January 1, 1972, existing ...

Nevada Revised Statutes Section 694B.030

Powers of reciprocal insurers.

1. A reciprocal insurer may, upon qualifying therefor as provided for by this Code, transact any kind or kinds of insurance defined by this Code ...

Nevada Revised Statutes Section 694B.035

Reciprocal insurer authorized to affect title to real property for purposes of insurer. A reciprocal insurer may purchase, sell, mortgage, encumber, lease or otherwise affect the title to real property ...

Nevada Revised Statutes Section 694B.040

Name; suits. A reciprocal insurer shall:

1. Have and use a business name. The name shall include the word “reciprocal,” or “interinsurer,” or “interinsurance,” or “exchange,” or “underwriters,” or ...

Nevada Revised Statutes Section 694B.050

Attorney.

1. “Attorney,” as used in this chapter, refers to the attorney-in-fact of a reciprocal insurer. The attorney may be an individual, firm or corporation.

2. The attorney ...

Nevada Revised Statutes Section 694B.060

Organization of reciprocal insurer.

1. Twenty-five or more persons domiciled in this state may organize a domestic reciprocal insurer and make application to the Commissioner for a certificate of ...

Nevada Revised Statutes Section 694B.070

Certificate of authority.

1. The certificate of authority of a reciprocal insurer shall be issued to its attorney in the name of the insurer.

2. The Commissioner may ...

Nevada Revised Statutes Section 694B.080

Power of attorney.

1. The rights and powers of the attorney of a reciprocal insurer shall be as provided in the power of attorney given it by the subscribers.

Nevada Revised Statutes Section 694B.090

Modifications. Modifications of the terms of the subscribers’ agreement or of the power of attorney of a domestic reciprocal insurer shall be made jointly by the attorney and the subscribers’ ...

Nevada Revised Statutes Section 694B.100

Attorney’s bond.

1. Concurrently with the filing of the declaration provided for in NRS 694B.060, the attorney of a domestic reciprocal insurer shall file with the Commissioner a bond ...

Nevada Revised Statutes Section 694B.110

Deposit in lieu of bond. In lieu of the bond required under NRS 694B.100, the attorney may maintain on deposit through the Commissioner, a like amount in cash or in ...

Nevada Revised Statutes Section 694B.120

Action on bond. An action on the attorney’s bond or to recover against any such deposit made in lieu thereof may be brought by one or more subscribers suffering loss ...

Nevada Revised Statutes Section 694B.130

Service of process; judgment.

1. Legal process shall be served upon a domestic reciprocal insurer by serving the insurer’s attorney at his principal offices or by serving the Commissioner ...

Nevada Revised Statutes Section 694B.140

Contributions to insurer.

1. The attorney or other parties may advance to a domestic reciprocal insurer upon reasonable terms such funds as it may require from time to time ...

Nevada Revised Statutes Section 694B.150

Financial condition: Method of determining. In determining the financial condition of a reciprocal insurer the Commissioner shall apply the following rules:

1. He shall charge as liabilities the same ...

Nevada Revised Statutes Section 694B.160

Persons eligible to be subscribers.

1. Individuals, partnerships and corporations of this state may make application, enter into an agreement for and hold policies or contracts in or with ...

Nevada Revised Statutes Section 694B.170

Subscribers’ advisory committee.

1. The advisory committee of a domestic reciprocal insurer exercising the subscribers’ rights shall be selected under such rules as the subscribers adopt.

2. Not ...

Nevada Revised Statutes Section 694B.180

Subscribers’ liability.

1. The liability of each subscriber, other than as to a nonassessable policy, for the obligations of the reciprocal insurer shall be an individual, several and proportionate ...

Nevada Revised Statutes Section 694B.190

Subscribers’ liability on judgment.

1. No action shall lie against any subscriber upon any obligation claimed against the insurer until a final judgment has been obtained against the insurer ...

Nevada Revised Statutes Section 694B.200

Assessments.

1. Assessments may from time to time be levied upon subscribers of a domestic reciprocal insurer liable therefor under the terms of their policies by:

(a) The ...

Nevada Revised Statutes Section 694B.210

Time limit for assessments. Every subscriber of a domestic reciprocal insurer having contingent liability shall be liable for, and shall pay his share of any assessment, as computed and limited ...

Nevada Revised Statutes Section 694B.220

Aggregate liability. No one policy or subscriber to such policy, shall be assessed or charged with an aggregate of contingent liability as to obligations incurred by a domestic reciprocal insurer ...

Nevada Revised Statutes Section 694B.230

Nonassessable policies.

1. If a reciprocal insurer has a surplus of assets over all liabilities at least equal to the minimum capital stock and surplus required to be maintained ...

Nevada Revised Statutes Section 694B.240

Subscribers’ share in assets. Upon the liquidation of a domestic reciprocal insurer, its assets remaining after the discharge of its indebtedness and policy obligations, the return of any contributions of ...

Nevada Revised Statutes Section 694B.250

Merger or conversion.

1. A domestic reciprocal insurer upon the affirmative vote of not less than two-thirds of its subscribers who vote on such merger pursuant to due notice ...

Nevada Revised Statutes Section 694B.260

Impaired reciprocal insurer.

1. Subject to the limitation set forth in the power of attorney or policy, if the assets of a domestic reciprocal insurer are at any time ...

Nevada Revised Statutes Section 694C.010

Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 694C.020 to 694C.150, inclusive, have the meanings ascribed to them in those ...

Nevada Revised Statutes Section 694C.020

“Affiliated company” defined. “Affiliated company” means a company in the same corporate system as its parent or a member organization by virtue of common ownership, control, operation or management. ...

Nevada Revised Statutes Section 694C.030

“Agency captive insurer” defined. “Agency captive insurer” means a captive insurer that is owned by an insurance agency or brokerage and that only insures risks of policies which are placed ...

Nevada Revised Statutes Section 694C.040

“Association” defined. “Association” means a legal entity consisting of two or more corporations, partnerships, associations or other forms of business organizations. ...

Nevada Revised Statutes Section 694C.050

“Association captive insurer” defined. “Association captive insurer” means a captive insurer that only insures risks of the member organizations of an association and the affiliated companies of those members, including ...

Nevada Revised Statutes Section 694C.060

“Captive insurer” defined. “Captive insurer” means any pure captive insurer, association captive insurer, agency captive insurer and rental captive insurer licensed pursuant to this chapter. ...

Nevada Revised Statutes Section 694C.070

“Commissioner” defined. “Commissioner” means the Commissioner of Insurance. ...

Nevada Revised Statutes Section 694C.080

“Division” defined. “Division” means the Division of Insurance of the Department of Business and Industry. ...

Nevada Revised Statutes Section 694C.090

“Member organization” defined. “Member organization” means any corporation, partnership, association or other form of business organization that belongs to an association. ...

Nevada Revised Statutes Section 694C.100

“Mutual insurer” defined. “Mutual insurer” has the meaning ascribed to it in NRS 680A.030. ...

Nevada Revised Statutes Section 694C.110

“Parent” defined. “Parent” means a corporation, partnership, association or other form of business organization that directly or indirectly owns, controls or holds with power to vote more than 50 percent ...

Nevada Revised Statutes Section 694C.120

“Pure captive insurer” defined. “Pure captive insurer” means a captive insurer that only insures risks of its parent and affiliated companies. ...

Nevada Revised Statutes Section 694C.130

“Reciprocal insurer” defined. “Reciprocal insurer” has the meaning ascribed to it in NRS 680A.040. ...

Nevada Revised Statutes Section 694C.140

“Rental captive insurer” defined. “Rental captive insurer” means a captive insurer formed to enter into contractual agreements with policyholders or associations to offer some or all of the benefits of ...

Nevada Revised Statutes Section 694C.150

“Stock insurer” defined. “Stock insurer” has the meaning ascribed to it in NRS 680A.050. ...

Nevada Revised Statutes Section 694C.160

Applicability of other provisions.

1. The terms and conditions set forth in chapter 696B of NRS pertaining to insurance reorganization, receiverships and injunctions apply to captive insurers incorporated pursuant ...

Nevada Revised Statutes Section 694C.170

Regulations. The Commissioner may establish such regulations as are necessary to carry out the provisions of this chapter. ...

Nevada Revised Statutes Section 694C.180

Formation of captive insurer.

1. A pure captive insurer, an agency captive insurer or a rental captive insurer shall be incorporated as a stock insurer.

2. An association ...

Nevada Revised Statutes Section 694C.190

Name. A captive insurer shall not use or adopt a name that is the same, deceptively similar or likely to be confused with or mistaken for any other existing business ...

Nevada Revised Statutes Section 694C.200

Authorization to apply for license in certain circumstances; license required to transact insurance; penalty.

1. A captive insurer, when authorized by its articles of association, articles of incorporation or ...

Nevada Revised Statutes Section 694C.210

Application: Requirement; contents. A captive insurer must apply to the Commissioner for a license. The application must include:

1. A certified copy of the charter and bylaws of the ...

Nevada Revised Statutes Section 694C.220

Fees for application; Commissioner authorized to retain professional services; cost of services. An application by a captive insurer for licensure must include a nonrefundable application fee of $500. The Commissioner ...

Nevada Revised Statutes Section 694C.230

Issuance and renewal; fees for issuance and renewal.

1. If the Commissioner determines that the documents and statements filed by the captive insurer satisfy the requirements for licensure, the ...

Nevada Revised Statutes Section 694C.240

Insurer to include business plan with application for issuance and renewal of license; updates to business plan. A captive insurer shall include its business plan with its application for the ...

Nevada Revised Statutes Section 694C.250

Capital required: Amount; form; Commissioner authorized to prescribe additional requirements; letter of credit.

1. A captive insurer must not be issued a license, and shall not hold a license, ...

Nevada Revised Statutes Section 694C.260

Surplus required: Amount; form; Commissioner authorized to prescribe additional requirements; letter of credit.

1. A captive insurer must not be issued a license, and shall not hold a license, ...

Nevada Revised Statutes Section 694C.270

Suspension or revocation of license; hearings.

1. The Commissioner may suspend or revoke the license of a captive insurer if, after an examination and hearing, the Commissioner determines that:

Nevada Revised Statutes Section 694C.300

Authorized and prohibited types of insurance.

1. Except as otherwise provided in this section, a captive insurer licensed pursuant to this chapter may transact any form of insurance described ...

Nevada Revised Statutes Section 694C.310

Meetings of board of directors; additional requirements to transact insurance.

1. The board of directors of a captive insurer shall meet at least one time each year in this ...

Nevada Revised Statutes Section 694C.320

Plan for payment of dividends; regulations. The Commissioner may approve an ongoing plan for the payment of dividends or other distributions by a captive insurer if, at the time of ...

Nevada Revised Statutes Section 694C.330

Payment of dividends. Except as otherwise provided in this section, a captive insurer shall pay dividends out of, or make any other distributions from, its capital or surplus, or both, ...

Nevada Revised Statutes Section 694C.340

Investments; loan to parent or affiliated company in certain circumstances.

1. Except as otherwise provided in this section, an association captive insurer, an agency captive insurer or a rental ...

Nevada Revised Statutes Section 694C.350

Reinsurance; credit for reserves on risks or portions of risks in certain circumstances; plan for workers’ compensation deemed reinsurance in certain circumstances.

1. A captive insurer may provide reinsurance ...

Nevada Revised Statutes Section 694C.360

Use of insurance of captive insurer to satisfy requirements relating to insurance on vehicles subject to Transportation Services Authority or Taxicab Authority prohibited; exception. Insurance provided by a captive insurer ...

Nevada Revised Statutes Section 694C.370

Insurer not required to join rating organization. A captive insurer is not required to join a rating organization. ...

Nevada Revised Statutes Section 694C.380

Insurer prohibited from joining or contributing to risk-sharing plan, risk pool or insurance insolvency guaranty fund. A captive insurer shall not join or contribute financially to any risk-sharing plan, risk ...

Nevada Revised Statutes Section 694C.400

Annual report of financial condition to Commissioner; regulations designating form; alternative date to file annual report.

1. On or before March 1 of each year, a captive insurer shall ...

Nevada Revised Statutes Section 694C.410

Examination by Commissioner; Commissioner authorized to obtain professional services; cost of examination.

1. Except as otherwise provided in this section, at least once every 3 years, and at such ...

Nevada Revised Statutes Section 694C.450

Taxes on premiums; deposit of portion of taxes in Account for Regulation and Supervision of Captive Insurers; deposit of remainder of taxes in State General Fund.

1. Except as ...

Nevada Revised Statutes Section 694C.460

Account for Regulation and Supervision of Captive Insurers: Creation; deposits; transfers to agency for economic development; administrative expenses; transfers to State General Fund; warrants by State Controller on receipts to ...

Nevada Revised Statutes Section 695A.001

Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 695A.003 to 695A.044, inclusive, have the meanings ascribed to them in those ...

Nevada Revised Statutes Section 695A.003

“Benefit contract” defined. “Benefit contract” means an agreement for the provision of any contractual benefit authorized by NRS 695A.180. ...

Nevada Revised Statutes Section 695A.004

“Benefit member” defined. “Benefit member” means a member of a society who is an adult and who is designated by the laws or rules of the society to be a ...

Nevada Revised Statutes Section 695A.006

“Certificate” defined. “Certificate” means the document issued as written evidence of the benefit contract. ...

Nevada Revised Statutes Section 695A.010

“Fraternal benefit society” defined. “Fraternal benefit society” means any incorporated society, order or supreme lodge, without capital stock, including one exempted under the provisions of paragraph (b) of subsection 1 ...

Nevada Revised Statutes Section 695A.014

“Insurer” defined. “Insurer” includes every person engaged as principal and as indemnitor, surety or contractor in the business of entering into contracts of insurance. ...

Nevada Revised Statutes Section 695A.016

“Laws” defined. “Laws” means the articles of incorporation, charter, constitution and bylaws of the society. ...

Nevada Revised Statutes Section 695A.018

“Lodge” defined. “Lodge” means a subordinate unit of a society, and includes a camp, court, council, branch or any similar entity by whatever name designated. ...

Nevada Revised Statutes Section 695A.020

“Lodge system” defined. “Lodge system” means the system under which a society is operating if:

1. The society has a supreme governing body and subordinate lodges into which members ...

Nevada Revised Statutes Section 695A.023

“Medicaid” defined. “Medicaid” means a program established in any state pursuant to Title XIX of the Social Security Act (42 U.S.C. §§ 1396 et seq.) to provide assistance for part ...

Nevada Revised Statutes Section 695A.027

“Order for medical coverage” defined. “Order for medical coverage” means an order of a court or administrative tribunal to provide coverage under a certificate for health benefits to a child ...

Nevada Revised Statutes Section 695A.030

“Premiums” defined. “Premiums” means premiums, rates, dues or other required contributions by whatever name known, which are payable under the certificate. ...

Nevada Revised Statutes Section 695A.040

“Representative form of government” defined. “Representative form of government” means that form of government which a society has when:

1. It has a supreme governing body which is:

...

Nevada Revised Statutes Section 695A.042

“Rules” defined. “Rules” includes all rules, regulations and resolutions adopted by the supreme governing body or board of directors of a society and which generally apply to the members of ...

Nevada Revised Statutes Section 695A.044

“Society” defined. “Society” means a fraternal benefit society. ...

Nevada Revised Statutes Section 695A.050

Organization: Preparation and contents of articles of incorporation. Ten or more citizens of the United States, a majority of whom are citizens of this state, who desire to form a ...

Nevada Revised Statutes Section 695A.060

Organization: Filing of documents and bond with Commissioner; preliminary certificate of authority.

1. Duly certified copies of the laws and rules of the society, copies of all proposed forms ...

Nevada Revised Statutes Section 695A.070

Organization: Solicitation of members; collection of advance premiums; reports to Commissioner.

1. Upon receipt of a preliminary certificate of authority from the Commissioner, the society:

(a) May solicit ...

Nevada Revised Statutes Section 695A.080

Certificate of authority: Issuance and renewal; effect; record; copies; fees.

1. The Commissioner may make such examination and require such further information as he deems advisable. Upon presentation of ...

Nevada Revised Statutes Section 695A.090

General powers and duties of society. A society shall operate for the benefit of its members and their beneficiaries by providing benefits as specified in NRS 695A.180 and may:

...

Nevada Revised Statutes Section 695A.095

Contracts between society and provider of health care: Prohibiting society from charging provider of health care fee for inclusion on list of providers given to insureds; form to obtain information ...

Nevada Revised Statutes Section 695A.110

Unincorporated or voluntary association prohibited. No unincorporated or voluntary association may transact business in this state as a fraternal benefit society. ...

Nevada Revised Statutes Section 695A.120

Location of principal office; meetings of supreme governing body; minutes of certain proceedings; official publications; grievances by benefit members.

1. The principal office of any domestic society must be ...

Nevada Revised Statutes Section 695A.130

Consolidation; merger.

1. A domestic society that wishes to consolidate or merge with any other society must file with the Commissioner:

(a) A certified copy of the written ...

Nevada Revised Statutes Section 695A.140

Conversion of fraternal benefit society into mutual life insurer. Any domestic fraternal benefit society may be converted to and licensed as a mutual life insurer by compliance with all the ...

Nevada Revised Statutes Section 695A.150

Qualifications for and rights and privileges of membership.

1. Subject to the limitations set forth in subsections 2, 3 and 4, a society shall specify in its laws or ...

Nevada Revised Statutes Section 695A.151

Effect of eligibility for medical assistance under Medicaid on eligibility for coverage; assignment of rights to state agency.

1. A society shall not, when considering eligibility for coverage or ...

Nevada Revised Statutes Section 695A.152

Society required to comply with certain provisions concerning portability and availability of health insurance.

1. To the extent reasonably applicable, a fraternal benefit society shall comply with the provisions ...

Nevada Revised Statutes Section 695A.153

Society prohibited from asserting certain grounds to deny enrollment of child of insured pursuant to order. A society shall not deny the enrollment of a child pursuant to an order ...

Nevada Revised Statutes Section 695A.155

Certain accommodations to be made when child is covered under policy of noncustodial parent. If a child has coverage under a certificate for health benefits pursuant to which a noncustodial ...

Nevada Revised Statutes Section 695A.157

Society to authorize enrollment of child of parent who is required by order to provide medical coverage under certain circumstances; termination of coverage of child. If a parent is required ...

Nevada Revised Statutes Section 695A.159

Society prohibited from restricting coverage of child based on preexisting condition when person who is eligible for group coverage adopts or assumes legal obligation for child.

1. If ...

Nevada Revised Statutes Section 695A.160

Amendment of laws of society.

1. A domestic society may amend its laws in accordance with the provisions thereof by action of its supreme governing body at any regular ...

Nevada Revised Statutes Section 695A.180

Scope of contractual benefits.

1. A society authorized to do business in this state may provide the following contractual benefits in any form:

(a) Death benefits;

(b) ...

Nevada Revised Statutes Section 695A.184

Coverage for prescription drug previously approved for medical condition of insured.

1. Except as otherwise provided in this section, a benefit contract which provides coverage for prescription drugs must ...

Nevada Revised Statutes Section 695A.188

Approval or denial of claim; interest on unpaid claim; request for additional information; payment of claim; costs and attorney’s fees.

1. Except as otherwise provided in subsection 2, a ...

Nevada Revised Statutes Section 695A.195

Society prohibited from denying coverage solely because person was victim of domestic violence. A society shall not deny a claim, refuse to issue a benefit contract or cancel a benefit ...

Nevada Revised Statutes Section 695A.200

Nonforfeiture benefits, cash surrender values, certificate loans and other options.

1. A society may grant paid-up nonforfeiture benefits, cash surrender values, certificate loans and such other options as its ...

Nevada Revised Statutes Section 695A.210

Beneficiaries; funeral benefits.

1. The owner of a benefit contract has the right at all times to change any beneficiary in accordance with the laws or rules of the ...

Nevada Revised Statutes Section 695A.220

Benefits not liable to attachment, garnishment or other process. No money or other benefit, charity, relief or aid to be paid, provided or rendered by any society is liable to ...

Nevada Revised Statutes Section 695A.230

Terms and conditions of benefit contracts.

1. Every society authorized to do business in this state shall issue to each owner of a benefit contract a certificate specifying the ...

Nevada Revised Statutes Section 695A.240

Approval and contents of certificates.

1. No certificate may be delivered or issued for delivery in this state unless a copy of the form of the certificate has been ...

Nevada Revised Statutes Section 695A.255

Coverage for prescription drugs: Provision of notice and information regarding use of formulary.

1. A society that offers or issues a benefit contract which provides coverage for prescription drugs ...

Nevada Revised Statutes Section 695A.270

Waiver of provisions of society’s laws. The laws of the society may provide that no subordinate body or any of its subordinate officers or members may waive any of the ...

Nevada Revised Statutes Section 695A.280

Reinsurance.

1. Except as otherwise provided in subsection 3, a domestic society may, by a reinsurance agreement, cede any individual risk or risks in whole or in part to ...

Nevada Revised Statutes Section 695A.300

Admission of foreign or alien society.

1. A foreign or alien society shall not transact business in this state without a license issued by the Commissioner.

2. A ...

Nevada Revised Statutes Section 695A.310

Injunction against, liquidation of or appointment of receiver for domestic society.

1. When the Commissioner upon investigation finds that a domestic society:

(a) Has exceeded its powers;

...

Nevada Revised Statutes Section 695A.320

Suspension, revocation or refusal of license of foreign or alien society.

1. When the Commissioner upon investigation finds that a foreign or alien society transacting or applying to transact ...

Nevada Revised Statutes Section 695A.330

Licensing of insurance agents of society; persons exempt from licensing.

1. Every insurance agent of a society must be licensed pursuant to chapter 683A of NRS and any regulations ...

Nevada Revised Statutes Section 695A.400

Service of process on society.

1. Every society authorized to do business in this state shall appoint in writing the Commissioner and each successor in office to be its ...

Nevada Revised Statutes Section 695A.410

Injunctions against societies. No application or petition for injunction against any domestic, foreign or alien society, or any of its lodges, may be recognized in any court of this state ...

Nevada Revised Statutes Section 695A.420

Judicial review of Commissioner’s findings and decisions. All decisions and findings of the Commissioner made under the provisions of this chapter are subject to review by proper proceedings in any ...

Nevada Revised Statutes Section 695A.430

Assets, funds and accounts of society.

1. All assets must be held, invested and disbursed for the use and benefit of the society and no member or beneficiary may ...

Nevada Revised Statutes Section 695A.440

Investments.

1. A society shall invest its money only in such investments as are authorized by the laws of this state for the investment of assets of life insurers ...

Nevada Revised Statutes Section 695A.450

Annual statement of financial condition, transactions and affairs.

1. Every society transacting business in this state shall annually, on or before the first day of March, unless for cause ...

Nevada Revised Statutes Section 695A.460

Penalties for failure to file statement properly. If a society fails to file the annual statement in the form and within the time provided by NRS 695A.450, it shall pay ...

Nevada Revised Statutes Section 695A.475

Liability of directors, officers, employees, members and volunteers; indemnification and reimbursement of directors, officers, employees and agents.

1. The officers and members of the supreme governing body or any ...

Nevada Revised Statutes Section 695A.490

Standards of valuation for certificates.

1. The minimum standards of valuation for certificates issued before July 1, 1964, are those provided by the law applicable immediately before July 1, ...

Nevada Revised Statutes Section 695A.500

Examination of societies transacting business in State. The Commissioner, or any person he may appoint, may examine any domestic, foreign or alien society which is transacting business or applying for ...

Nevada Revised Statutes Section 695A.530

Applicability of statutory provisions relating to trade practices and frauds. A society authorized to do business in this state and its agents are subject to the provisions of chapter 686A ...

Nevada Revised Statutes Section 695A.550

Exemption of societies from certain taxes. Every society organized or licensed under this chapter is hereby declared to be a charitable and benevolent institution, and is exempt from every state, ...

Nevada Revised Statutes Section 695A.555

Fees: Applicability of certain provisions. Societies are not exempt from the provisions of NRS 679B.700. If a society is an admitted health insurer, as that term is defined in NRS ...

Nevada Revised Statutes Section 695A.560

Exemption of societies from other insurance laws. Except as otherwise provided in this chapter or by specific statute, societies are governed by this chapter and are exempt from all other ...

Nevada Revised Statutes Section 695A.570

Applicability.

1. Nothing contained in this chapter shall be construed to affect or apply to:

(a) Grand or subordinate lodges of societies, orders or associations now doing business ...

Nevada Revised Statutes Section 695A.580

Penalties.

1. Any person who makes a false or fraudulent statement in or relating to an application for membership or for the purpose of obtaining money from or a ...

Nevada Revised Statutes Section 695B.010

Short title. This chapter may be cited as the Nonprofit Hospital, Medical and Dental Service Corporation Law. ...

Nevada Revised Statutes Section 695B.020

Scope.

1. This chapter does not:

(a) Apply to or govern any corporation which is organized for profit, which contemplates any pecuniary gain to its shareholders or members, ...

Nevada Revised Statutes Section 695B.030

Definitions. As used in this chapter:

1. “Dental services” means general and special dental services ordinarily provided by dentists licensed under the provisions of chapter 631 of NRS to ...

Nevada Revised Statutes Section 695B.035

Contract between corporation and provider of health care: Prohibiting corporation from charging provider of health care fee for inclusion on list of providers given to insureds; form for obtaining information ...

Nevada Revised Statutes Section 695B.040

Corporations authorized to undertake and operate plans. Any corporation which is organized under the laws of the State of Nevada, or the laws of any other state, without capital stock, ...

Nevada Revised Statutes Section 695B.050

Manner of incorporation. Persons desiring to form a nonprofit hospital, medical or dental service corporation shall incorporate pursuant to the provisions of this chapter, and the provisions of the nonprofit ...

Nevada Revised Statutes Section 695B.060

Directors: Qualifications.

1. A majority of the board of directors of a corporation providing or rendering hospital services shall be persons who are not duly appointed representatives of hospitals ...

Nevada Revised Statutes Section 695B.070

Merger and consolidation: Procedure. Any corporation operating under this chapter may merge and consolidate with any other corporation operating or to operate under this chapter as follows:

1. The ...

Nevada Revised Statutes Section 695B.080

Merger and consolidation: Continuance of contracts and contribution certificates. In the event of any merger and consolidation as provided by this chapter, contracts and contribution certificates issued in compliance with ...

Nevada Revised Statutes Section 695B.090

Merger and consolidation: Withdrawal of prior deposit of securities. Upon approval by the Commissioner of any such merger and consolidation, the merged and consolidated corporation may withdraw any securities therefore ...

Nevada Revised Statutes Section 695B.110

Certificate of authority required; fees. A corporation shall not establish, maintain or operate a nonprofit service plan as authorized by the provisions of this chapter unless it has:

1. ...

Nevada Revised Statutes Section 695B.120

Certificate of authority: Qualifications. The Commissioner shall not issue or renew his certificate of authority to any corporation proposing to establish, maintain or operate a nonprofit hospital, medical or dental ...

Nevada Revised Statutes Section 695B.130

Certificate of authority: Application; issuance.

1. An application for a certificate of authority must be filed with the Commissioner in writing by the corporation for medical service which is ...

Nevada Revised Statutes Section 695B.135

Certificate of authority: Expiration; renewal.

1. A certificate of authority issued pursuant to this chapter expires on March 1 of the year following its date of issuance or renewal.

Nevada Revised Statutes Section 695B.140

Reserve fund: Minimum amounts; computation; contracts with hospitals; participation of physicians.

1. No corporation subject to the provisions of this chapter may establish, maintain or operate a hospital, medical ...

Nevada Revised Statutes Section 695B.150

Insolvency; determination of financial condition. A corporation organized under this chapter shall be deemed to be insolvent if its reserve fund is impaired so as to be less than the ...

Nevada Revised Statutes Section 695B.160

Annual statement of condition and affairs; annual fees; examination by Commissioner.

1. Every corporation subject to the provisions of this chapter shall annually:

(a) On or before March ...

Nevada Revised Statutes Section 695B.170

Acquisition costs and administrative expenses; effect of finding of excess costs. All acquisition costs in connection with the solicitation of subscribers to such hospital, medical or dental service plan shall ...

Nevada Revised Statutes Section 695B.172

Summary of coverage: Contents of disclosure; approval by Commissioner.

1. The Commissioner shall adopt regulations which require an insurer to file with the Commissioner, for his approval, a disclosure ...

Nevada Revised Statutes Section 695B.174

Summary of coverage: Copy to be provided before policy issued; policy not to be offered unless summary approved by Commissioner. An insurer shall provide to the group policyholder to whom ...

Nevada Revised Statutes Section 695B.176

Coverage for prescription drugs: Provision of notice and information regarding use of formulary.

1. An insurer that offers or issues a contract for hospital or medical services which provides ...

Nevada Revised Statutes Section 695B.180

Required provisions. A contract for hospital, medical or dental services must not be entered into between a corporation proposing to furnish or provide any one or more of the services ...

Nevada Revised Statutes Section 695B.181

Provision in contract requiring binding arbitration authorized; procedures for arbitration; declaratory relief.

1. Except as otherwise provided in NRS 695B.182 and subject to the approval of the Commissioner, any ...

Nevada Revised Statutes Section 695B.182

Required procedure for arbitration of disputes concerning independent medical evaluations.

1. Each contract for hospital or medical services must include a procedure for binding arbitration to resolve disputes concerning ...

Nevada Revised Statutes Section 695B.185

Limitations on deductibles and copayments charged under group contract which offers difference of payment between preferred providers of health care and providers who are not preferred. A group contract for ...

Nevada Revised Statutes Section 695B.187

Group contract issued to replace discontinued policy or coverage: Requirements; notice of reduction of benefits; statement of benefits; applicability to self-insured employer. Except as otherwise provided by the provisions of ...

Nevada Revised Statutes Section 695B.189

Continuation of coverage under group contract: Required provision. A group contract issued by a corporation under the provisions of this chapter must contain a provision which permits the continuation of ...

Nevada Revised Statutes Section 695B.190

Family contracts. Family hospital or family medical or dental service contracts may be issued to a family consisting of an individual and one or more persons dependent upon him, or ...

Nevada Revised Statutes Section 695B.1901

Required provision concerning coverage for continued medical treatment.

1. The provisions of this section apply to a policy of health insurance offered or issued by a hospital or medical ...

Nevada Revised Statutes Section 695B.1903

Required provision concerning coverage for treatment received as part of clinical trial or study.

1. A policy of health insurance issued by a medical services corporation must provide coverage ...

Nevada Revised Statutes Section 695B.1905

Required provision concerning coverage for prescription drug previously approved for medical condition of insured.

1. Except as otherwise provided in this section, a contract for hospital or medical services ...

Nevada Revised Statutes Section 695B.1907

Required provision concerning coverage for screening for colorectal cancer.

1. A policy of health insurance issued by a hospital or medical service corporation that provides coverage for the treatment ...

Nevada Revised Statutes Section 695B.1908

Required provision concerning coverage for certain drugs for treatment of cancer. Except as otherwise provided in NRS 695B.1903:

1. No contract for hospital or medical services that provides coverage ...

Nevada Revised Statutes Section 695B.191

Required provision concerning coverage relating to mastectomy.

1. A policy of health insurance, issued by a medical service corporation, which provides coverage for the surgical procedure known as a ...

Nevada Revised Statutes Section 695B.1912

Required provision concerning coverage for cytologic screening tests and mammograms for certain women.

1. A policy of health insurance issued by a hospital or medical service corporation must ...

Nevada Revised Statutes Section 695B.1914

Required provision concerning coverage of certain gynecological and obstetrical services without authorization or referral from primary care physician.

1. A contract for hospital or medical service must include a ...

Nevada Revised Statutes Section 695B.1916

Required provision concerning coverage of drug or device for contraception and of hormone replacement therapy in certain circumstances; prohibited actions by insurer; exceptions.

1. Except as otherwise provided in ...

Nevada Revised Statutes Section 695B.1918

Required provision concerning coverage of health care services related to contraceptives and hormone replacement therapy in certain circumstances; prohibited actions by insurer; exceptions.

1. Except as otherwise provided in ...

Nevada Revised Statutes Section 695B.192

Required provision concerning coverage relating to complications of pregnancy.

1. No hospital, medical or dental service contract issued by a corporation pursuant to the provisions of this chapter may ...

Nevada Revised Statutes Section 695B.1923

Required provision concerning coverage for treatment of certain inherited metabolic diseases.

1. A contract for hospital or medical service must provide coverage for:

(a) Enteral formulas for use ...

Nevada Revised Statutes Section 695B.1927

Required provision concerning coverage for management and treatment of diabetes.

1. No contract for hospital or medical service that provides coverage for hospital, medical or surgical expenses may be ...

Nevada Revised Statutes Section 695B.193

Required provision concerning coverage for newly born and adopted children and children placed for adoption.

1. All individual and group service or indemnity-type contracts issued by a nonprofit corporation ...

Nevada Revised Statutes Section 695B.1931

Required provision concerning coverage relating to treatment of temporomandibular joint.

1. Except as otherwise provided in this section, no contract for hospital or medical service may be delivered or ...

Nevada Revised Statutes Section 695B.1938

Required provision concerning coverage for treatment of conditions relating to severe mental illness.

1. Notwithstanding any provisions of this title to the contrary, a contract for hospital or medical ...

Nevada Revised Statutes Section 695B.194

Required provision concerning benefits for treatment of abuse of alcohol or drugs.

1. The annual benefits provided by a policy for group health insurance issued by a medical ...

Nevada Revised Statutes Section 695B.1944

Required provision concerning coverage for employee or member on leave without pay as result of total disability.

1. As used in this section, “total disability” and “totally disabled” mean ...

Nevada Revised Statutes Section 695B.196

Reimbursement for acupuncture. If any contract for hospital or medical services provides coverage for acupuncture performed by a physician, the insured is entitled to reimbursement for acupuncture performed by a ...

Nevada Revised Statutes Section 695B.197

Reimbursement for treatment by licensed psychologist. If any contract for hospital or medical service provides coverage for treatment of an illness which is within the authorized scope of the practice ...

Nevada Revised Statutes Section 695B.1973

Reimbursement for treatment by licensed marriage and family therapist. If any contract for hospital or medical service provides coverage for treatment of an illness which is within the authorized scope ...

Nevada Revised Statutes Section 695B.1975

Reimbursement for treatment by licensed associate in social work, social worker, independent social worker or clinical social worker. If any contract for hospital or medical service provides coverage for treatment ...

Nevada Revised Statutes Section 695B.198

Reimbursement for treatment by chiropractor.

1. If any contract for hospital or medical service provides coverage for treatment of an illness which is within the authorized scope of practice ...

Nevada Revised Statutes Section 695B.199

Reimbursement for services provided by certain nurses; prohibited limitations; exception.

1. If any contract for medical service provides coverage for services which are within the authorized scope of practice ...

Nevada Revised Statutes Section 695B.1995

Reimbursement to provider of medical transportation.

1. Except as otherwise provided in subsection 3, every contract for medical service amended, delivered or issued for delivery in this state after ...

Nevada Revised Statutes Section 695B.200

Group contracts written under master contract: Conditions required for issuance. Group hospital or group medical or dental service contracts written under a master hospital or medical or dental service contract ...

Nevada Revised Statutes Section 695B.210

Group master service contract: Required provisions. Every group master hospital or group medical or dental service contract issued shall contain the following provisions:

1. A provision that the contract, ...

Nevada Revised Statutes Section 695B.220

Blanket service contracts: Issuance to college, school or school personnel; pupils not to be compelled to accept service. Blanket hospital or blanket medical or dental service contracts may be issued ...

Nevada Revised Statutes Section 695B.225

Policies of group insurance: Order of benefits. A policy of group insurance determines its order of benefits using the first of the following which applies:

1. A policy that ...

Nevada Revised Statutes Section 695B.230

Filing and approval of forms and schedules of premium rates. If more than one class of risk is included:

1. A hospital or medical or dental service contract or ...

Nevada Revised Statutes Section 695B.240

Provision of group service coverage before approval of forms.

1. A corporation subject to the provisions of this chapter is permitted to provide group hospital or group medical or ...

Nevada Revised Statutes Section 695B.250

Extensions of time; automatic approval.

1. Upon written request from the corporation subject to the provisions of this chapter filed within 50 days after the date on which the ...

Nevada Revised Statutes Section 695B.2505

Approval or denial of claims; payment of claims and interest; requests for additional information; award of costs and attorney’s fees; compliance with requirements.

1. Except as otherwise provided in ...

Nevada Revised Statutes Section 695B.251

Group subscriber contracts to contain provision for conversion to individual contracts; exceptions.

1. Except as otherwise provided in the provisions of this section, NRS 689B.340 to 689B.590, inclusive, ...

Nevada Revised Statutes Section 695B.252

Conversion privilege available to spouse and children; conditions. Subject to the conditions set forth in NRS 695B.251 to 695B.259, inclusive, the conversion privilege must also be made available:

1. ...

Nevada Revised Statutes Section 695B.253

Denial of converted contract because of overinsurance; notice concerning cancellation of other coverage.

1. The medical service corporation is not required to issue a converted contract to any person ...

Nevada Revised Statutes Section 695B.254

Choice of types of contracts must be offered.

1. A person who is entitled to a converted contract must be given his choice of at least three types of ...

Nevada Revised Statutes Section 695B.255

Benefits exceeding those provided under group contract not required; exclusions and limitations. A medical service corporation is not required to issue a converted contract which provides benefits in excess of ...

Nevada Revised Statutes Section 695B.2555

Benefits payable under converted contract may be reduced by amount payable under group contract. A converted contract must not exclude a preexisting condition not excluded by the group contract, but ...

Nevada Revised Statutes Section 695B.256

Issuance and effective date of converted contract; premiums; persons covered. The medical service corporation shall:

1. Issue the converted contract without evidence of insurability;

2. Base the premium ...

Nevada Revised Statutes Section 695B.2565

Renewal of converted contract: Request for information on sources of other benefits; grounds for refusal to renew; notice concerning cancellation of other coverage.

1. A converted contract issued under ...

Nevada Revised Statutes Section 695B.257

Notice of conversion privilege. A notification of the conversion privilege must be included in each certificate of coverage. A written notice of the existence of the conversion privilege must also ...

Nevada Revised Statutes Section 695B.2575

Converted contract delivered outside Nevada: Form. A converted contract which is to be delivered outside this state must be in such form as would be deliverable in the other jurisdiction ...

Nevada Revised Statutes Section 695B.258

Extension of coverage under existing group contract. The medical service corporation may elect to extend coverage of a subscriber under the existing group contract for a period not to exceed ...

Nevada Revised Statutes Section 695B.2585

Group coverage may be provided in lieu of converted individual contract. The medical service corporation may elect to provide group coverage in lieu of the issuance of a converted individual ...

Nevada Revised Statutes Section 695B.259

Medical service corporation may continue identical coverage in lieu of converting contract. The medical service corporation may continue coverage identical to that provided under the group contract instead of issuing ...

Nevada Revised Statutes Section 695B.260

Suspension or revocation of permission to provide coverage before approval of forms. The Commissioner may suspend or revoke the permission granted by NRS 695B.240 if, after notice and hearing, he ...

Nevada Revised Statutes Section 695B.270

Disapproval of forms; issuance unlawful. If the Commissioner notifies the corporation, in writing, that the filed form does not comply with the requirements of law, specifying the reasons for his ...

Nevada Revised Statutes Section 695B.280

Regulations; limitations. The Commissioner may adopt such reasonable regulations, not inconsistent with the provisions of this chapter, relating to the substance, form and issuance of any contract covering the furnishing ...

Nevada Revised Statutes Section 695B.285

Use of Uniform Billing and Claims Forms authorized. Every nonprofit hospital or medical or dental service corporation may utilize the Uniform Billing and Claims Forms established by the American Hospital ...

Nevada Revised Statutes Section 695B.290

Agent’s license required. Any agent of a nonprofit hospital or medical or dental service corporation who acts as such in the solicitation, negotiation, procurement or making of a hospital service ...

Nevada Revised Statutes Section 695B.300

Contracts with agencies or political subdivisions of United States or State of Nevada; acceptance of money; subcontracts. Any nonprofit hospital or medical or dental service corporation organized and created under ...

Nevada Revised Statutes Section 695B.310

Corporation subject to same fees, licenses and supervision as domestic mutual insurer. Any nonprofit hospital or medical or dental service corporation subject to the provisions of this chapter shall be ...

Nevada Revised Statutes Section 695B.315

Insurer to provide certain information regarding renewal of insurance policy upon request; fee.

1. If a policyholder requests information for the renewal of his policy, an insurer shall provide ...

Nevada Revised Statutes Section 695B.316

Corporation prohibited from denying coverage solely because person was victim of domestic violence. A corporation shall not deny a claim, refuse to issue a contract for hospital, medical or dental ...

Nevada Revised Statutes Section 695B.317

Corporation that provides health insurance prohibited from requiring or using information concerning genetic testing; exceptions.

1. Except as otherwise provided in subsection 2, a corporation that provides health insurance ...

Nevada Revised Statutes Section 695B.318

Corporations are subject to certain provisions concerning portability and availability of health insurance.

1. Nonprofit hospital, medical or dental service corporations are subject to the provisions of NRS 689B.340 ...

Nevada Revised Statutes Section 695B.320

Applicability of other provisions. Nonprofit hospital and medical or dental service corporations are subject to the provisions of this chapter, and to the provisions of chapters 679A and 679B of ...

Nevada Revised Statutes Section 695B.330

Definitions. As used in NRS 695B.330 to 695B.370, inclusive, unless the context otherwise requires:

1. “Contract” means a contract for hospital, medical or dental services issued pursuant to this ...

Nevada Revised Statutes Section 695B.340

Effect of eligibility for medical assistance under Medicaid; assignment of rights to state agency.

1. A corporation shall not, when considering eligibility for coverage or making payments under a ...

Nevada Revised Statutes Section 695B.350

Corporation prohibited from asserting certain grounds to deny enrollment of child of insured pursuant to order. A corporation shall not deny the enrollment of a child pursuant to an order ...

Nevada Revised Statutes Section 695B.360

Certain accommodations to be made when child is covered under policy of noncustodial parent. If a child has coverage under a contract pursuant to which a noncustodial parent of the ...

Nevada Revised Statutes Section 695B.370

Corporation to authorize enrollment of child of parent who is required by order to provide medical coverage under certain circumstances; termination of coverage of child. If a parent is required ...

Nevada Revised Statutes Section 695B.380

Approval; requirements; examination.

1. Except as otherwise provided in subsection 4, each insurer that issues a contract for hospital or medical services in this State shall establish a system ...

Nevada Revised Statutes Section 695B.390

Annual report; insurer to maintain records of complaints concerning something other than health care services.

1. Each insurer that issues a contract for hospital or medical services in this ...

Nevada Revised Statutes Section 695B.400

Written notice to insured explaining right to file complaint; notice to insured required when insurer denies coverage of health care service.

1. Following approval by the Commissioner, each insurer ...

Nevada Revised Statutes Section 695C.010

Short title. This chapter may be cited as the Nevada Health Maintenance Organization Act. ...

Nevada Revised Statutes Section 695C.020

Legislative declaration. The Legislature hereby declares that the rising cost of health services in recent years has led government agencies, private organizations, and legislative bodies to seek alternatives to the ...

Nevada Revised Statutes Section 695C.030

Definitions. As used in this chapter, unless the context otherwise requires:

1. “Comprehensive health care services” means medical services, dentistry, drugs, psychiatric and optometric and all other care necessary ...

Nevada Revised Statutes Section 695C.050

Applicability of certain provisions.

1. Except as otherwise provided in this chapter or in specific provisions of this title, the provisions of this title are not applicable to any ...

Nevada Revised Statutes Section 695C.055

Applicability of certain other provisions.

1. The provisions of NRS 449.465, 679A.200, 679B.700, subsections 2, 4, 18, 19 and 32 of NRS 680B.010, NRS 680B.020 to 680B.060, inclusive, and ...

Nevada Revised Statutes Section 695C.057

Applicability of certain provisions concerning portability and availability of health insurance.

1. A health maintenance organization is subject to the provisions of NRS 689B.340 to 689B.590, inclusive, and chapter ...

Nevada Revised Statutes Section 695C.060

Establishment of organization.

1. Any person may apply to the Commissioner for and obtain a certificate of authority to establish and operate a health maintenance organization in compliance with ...

Nevada Revised Statutes Section 695C.070

Certificate of authority: Application. Each application for a certificate of authority must be verified by an officer or authorized representative of the applicant, must be in a form prescribed by ...

Nevada Revised Statutes Section 695C.080

Certificate of authority: Evaluation of application.

1. Upon receipt of an application for issuance of a certificate of authority, the Commissioner shall forthwith transmit copies of such application and ...

Nevada Revised Statutes Section 695C.090

Certificate of authority: Issuance. The Commissioner shall issue or deny a certificate of authority to any person filing an application pursuant to NRS 695C.060 within 90 days of receipt of ...

Nevada Revised Statutes Section 695C.100

Certificate of authority: Denial. A certificate of authority shall be denied only after compliance with the requirements of NRS 695C.340. ...

Nevada Revised Statutes Section 695C.110

Governing body: Composition; participation by enrollees.

1. The governing body of any health maintenance organization may include providers, other individuals or both.

2. Such governing body shall establish ...

Nevada Revised Statutes Section 695C.120

Powers of organization. The powers of a health maintenance organization include, but are not limited to, the following:

1. The purchase, lease, construction, renovation, operation or maintenance of hospitals, ...

Nevada Revised Statutes Section 695C.123

Contracts with certain federally qualified health centers.

1. Except as otherwise provided in NRS 422.273, a health maintenance organization that furnishes health care services through providers which are under ...

Nevada Revised Statutes Section 695C.125

Contract between health maintenance organization and provider of health care: Form to obtain information on provider of health care; modification; provision of schedule of fees.

1. A health maintenance ...

Nevada Revised Statutes Section 695C.128

Contracts to provide services pursuant to certain state programs: Payment of interest on claims. Any contract or other agreement entered into or renewed by a health maintenance organization on or ...

Nevada Revised Statutes Section 695C.130

Notice and approval required for exercise of powers; rules or regulations.

1. A health maintenance organization shall file notice, with adequate supporting information, with the Commissioner prior to the ...

Nevada Revised Statutes Section 695C.140

Notice and approval required for modification of operations; regulations.

1. A health maintenance organization shall, unless otherwise provided for in this chapter, file notice with the Commissioner and the ...

Nevada Revised Statutes Section 695C.145

Accounting principles required for certain reports and transactions; health maintenance organization subject to requirements for certain insurers.

1. A health maintenance organization shall use accounting principles that are recognized ...

Nevada Revised Statutes Section 695C.150

Fiduciary responsibilities. Any director, officer, partner, member or employee of a health maintenance organization who receives, collects, disburses or invests funds in connection with the activities of such organization shall ...

Nevada Revised Statutes Section 695C.160

Investments. With the exception of investments made in accordance with subsections 1 and 2 of NRS 695C.120 and NRS 695C.130, the investable funds of a health maintenance organization shall be ...

Nevada Revised Statutes Section 695C.161

Eligibility for coverage: Definitions. As used in NRS 695C.161 to 695C.169, inclusive, unless the context otherwise requires:

1. “Medicaid” means a program established in any state pursuant to Title ...

Nevada Revised Statutes Section 695C.163

Eligibility for coverage: Effect of eligibility for medical assistance under Medicaid; assignment of rights to state agency.

1. A health maintenance organization shall not, when considering eligibility for coverage ...

Nevada Revised Statutes Section 695C.165

Eligibility for coverage: Organization prohibited from asserting certain grounds to deny enrollment of child pursuant to order if parent is enrolled in health care plan. An organization shall not deny ...

Nevada Revised Statutes Section 695C.167

Eligibility for coverage: Certain accommodations to be made when child is covered under health care plan of noncustodial parent. If a child has coverage under a health care plan in ...

Nevada Revised Statutes Section 695C.169

Eligibility for coverage: Organization to authorize enrollment of child of parent who is required by order to provide medical coverage under certain circumstances; termination of coverage of child. If a ...

Nevada Revised Statutes Section 695C.1691

Required provision concerning coverage for continued medical care.

1. The provisions of this section apply to a health care plan offered or issued by a health maintenance organization if ...

Nevada Revised Statutes Section 695C.1693

Required provision concerning coverage for treatment received as part of clinical trial or study.

1. Except as otherwise provided in NRS 695C.050, a health care plan issued by a ...

Nevada Revised Statutes Section 695C.1694

Required provision concerning coverage of drug or device for contraception and of hormone replacement therapy in certain circumstances; prohibited actions by health maintenance organization; exceptions.

1. Except as otherwise ...

Nevada Revised Statutes Section 695C.1695

Required provision concerning coverage of health care services related to contraceptives and hormone replacement therapy in certain circumstances; prohibited actions by health maintenance organization; exceptions.

1. Except as otherwise ...

Nevada Revised Statutes Section 695C.170

Evidence of coverage: Issuance; form and contents.

1. Every enrollee residing in this state is entitled to evidence of coverage under a health care plan. If the enrollee obtains ...

Nevada Revised Statutes Section 695C.1703

Coverage for prescription drugs: Provision of notice and information regarding use of formulary.

1. A health maintenance organization or insurer that offers or issues evidence of coverage which provides ...

Nevada Revised Statutes Section 695C.1705

Group health care plan issued to replace discontinued policy or coverage: Requirements; notice of reduction of benefits; statement of benefits; applicability to self-insured employer. Except as otherwise provided in the ...

Nevada Revised Statutes Section 695C.1707

Required provision for continuation of coverage. Any policy of group insurance to which an enrollee is entitled under a health care plan provided by a health maintenance organization must contain ...

Nevada Revised Statutes Section 695C.1709

Required provision concerning coverage for enrollee on leave without pay as result of total disability.

1. As used in this section, “total disability” and “totally disabled” mean the continuing ...

Nevada Revised Statutes Section 695C.171

Required provision concerning coverage relating to mastectomy.

1. A health maintenance plan which provides coverage for the surgical procedure known as a mastectomy must also provide commensurate coverage for:

Nevada Revised Statutes Section 695C.1713

Required provision concerning coverage of certain gynecological and obstetrical services without authorization or referral from primary care physician.

1. A health care plan must include a provision authorizing a ...

Nevada Revised Statutes Section 695C.172

Required provision concerning coverage relating to complications of pregnancy.

1. No health maintenance organization may issue evidence of coverage under a health care plan to any enrollee in this ...

Nevada Revised Statutes Section 695C.1723

Required provision concerning coverage for treatment of certain inherited metabolic diseases.

1. A health maintenance plan must provide coverage for:

(a) Enteral formulas for use at home that ...

Nevada Revised Statutes Section 695C.1727

Required provision concerning coverage for management and treatment of diabetes.

1. No evidence of coverage that provides coverage for hospital, medical or surgical expenses may be delivered or issued ...

Nevada Revised Statutes Section 695C.173

Required provision concerning coverage for newly born and adopted children and children placed for adoption.

1. All individual and group health care plans which provide coverage for a family ...

Nevada Revised Statutes Section 695C.1731

Required provision concerning coverage for screening for colorectal cancer.

1. A health care plan issued by a health maintenance organization that provides coverage for the treatment of colorectal cancer ...

Nevada Revised Statutes Section 695C.1733

Required provision concerning coverage for certain drugs for treatment of cancer. Except as otherwise provided in NRS 695C.1693:

1. No evidence of coverage that provides coverage for a drug ...

Nevada Revised Statutes Section 695C.1734

Required provision concerning coverage for prescription drug previously approved for medical condition of enrollee.

1. Except as otherwise provided in this section, evidence of coverage which provides coverage for ...

Nevada Revised Statutes Section 695C.1735

Required provision concerning coverage for cytologic screening tests and mammograms for certain women.

1. A health maintenance plan must provide coverage for benefits payable for expenses incurred for:

Nevada Revised Statutes Section 695C.1738

Required provision concerning coverage for treatment of conditions relating to severe mental illness.

1. Notwithstanding any provisions of this title to the contrary, any evidence of coverage delivered or ...

Nevada Revised Statutes Section 695C.174

Required provision concerning benefits for treatment of abuse of alcohol or drugs.

1. The benefits provided by health maintenance plans for treatment of the abuse of alcohol or ...

Nevada Revised Statutes Section 695C.1755

Required provision concerning coverage for treatment of temporomandibular joint.

1. Except as otherwise provided in this section, no evidence of coverage may be delivered or issued for delivery in ...

Nevada Revised Statutes Section 695C.176

Required provision concerning coverage for hospice care. Each health care plan must provide benefits for hospice care. ...

Nevada Revised Statutes Section 695C.1765

Reimbursement for acupuncture. If any evidence of coverage provides coverage for acupuncture performed by a physician, the insured is entitled to reimbursement for acupuncture performed by a person who is ...

Nevada Revised Statutes Section 695C.177

Reimbursement for treatments by licensed psychologist. If any evidence of coverage provides coverage for treatment of an illness which is within the authorized scope of the practice of a qualified ...

Nevada Revised Statutes Section 695C.1773

Reimbursement for treatment by licensed marriage and family therapist. If any evidence of coverage provides coverage for treatment of an illness which is within the authorized scope of the practice ...

Nevada Revised Statutes Section 695C.1775

Reimbursement for treatment by licensed associate in social work, social worker, independent social worker or clinical social worker. If any evidence of coverage provides coverage for treatment of an illness ...

Nevada Revised Statutes Section 695C.178

Reimbursement for treatment by chiropractor.

1. If any evidence of coverage provides coverage for treatment of an illness which is within the authorized scope of practice of a qualified ...

Nevada Revised Statutes Section 695C.179

Reimbursement for services provided by certain nurses; prohibited limitations; exceptions.

1. If any evidence of coverage provides coverage for services which are within the authorized scope of practice of ...

Nevada Revised Statutes Section 695C.1795

Reimbursement to provider of medical transportation.

1. Except as otherwise provided in subsection 3, every evidence of coverage amended, delivered or issued for delivery in this state after October ...

Nevada Revised Statutes Section 695C.180

Schedule of charges.

1. No schedule of charges for enrollee coverage for health care services or amendment thereto may be used in conjunction with any health care plan until ...

Nevada Revised Statutes Section 695C.185

Approval or denial of claims; payment of claims and interest; requests for additional information; award of costs and attorney’s fees; compliance with requirements.

1. Except as otherwise provided in ...

Nevada Revised Statutes Section 695C.187

Schedule for payment of claims: Mandatory inclusion in arrangements for provision of health care.

1. A health maintenance organization shall not:

(a) Enter into any contract or agreement, ...

Nevada Revised Statutes Section 695C.190

Commissioner may require submission of information. The Commissioner may require the submission of whatever relevant information he deems necessary in determining whether to approve or disapprove a filing made pursuant ...

Nevada Revised Statutes Section 695C.193

Summary of coverage: Contents of disclosure; approval by Commissioner; regulations.

1. The Commissioner shall adopt regulations which require a health maintenance organization to file with the Commissioner, for his ...

Nevada Revised Statutes Section 695C.195

Summary of coverage: Copy to be provided before policy issued; policy not to be offered unless summary approved by Commissioner. A health maintenance organization shall provide to the group policyholder ...

Nevada Revised Statutes Section 695C.200

Approval of forms and schedules. The Commissioner shall within a reasonable period approve any form if the requirements of NRS 695C.170 are met and any schedule of charges if the ...

Nevada Revised Statutes Section 695C.203

Denying coverage solely because person was victim of domestic violence prohibited. A health maintenance organization shall not deny a claim, refuse to issue a policy or cancel a policy solely ...

Nevada Revised Statutes Section 695C.207

Requiring or using information concerning genetic testing.

1. A health maintenance organization shall not:

(a) Require an enrollee or any member of his family to take a genetic ...

Nevada Revised Statutes Section 695C.210

Annual report and financial statement required; administrative penalty for failure to file report or statement.

1. Every health maintenance organization shall file with the Commissioner on or before March ...

Nevada Revised Statutes Section 695C.220

Applications, filings and reports open to public inspection. All applications, filings and reports required under this chapter shall be treated as public documents except as otherwise provided in this chapter. ...

Nevada Revised Statutes Section 695C.230

Fees.

1. Every health maintenance organization subject to this chapter shall pay to the Commissioner the following fees:

(a) For filing an application for a certificate of authority, ...

Nevada Revised Statutes Section 695C.240

Information required to be available for inspection. Every health maintenance organization shall have available for inspection the following information:

1. A current statement of financial condition including a balance ...

Nevada Revised Statutes Section 695C.250

Open enrollment.

1. After a health maintenance organization has been in operation 24 months, it shall have an annual open enrollment commensurate with common practices in the area in ...

Nevada Revised Statutes Section 695C.260

Complaint system. Each health maintenance organization shall establish:

1. A system for resolving complaints which complies with the provisions of NRS 695G.200 to 695G.230, inclusive; and

2. A ...

Nevada Revised Statutes Section 695C.265

Required procedure for arbitration of disputes concerning independent medical evaluations.

1. If a health maintenance organization, for any final determination of benefits or care, requires an independent evaluation of ...

Nevada Revised Statutes Section 695C.267

Provision requiring binding arbitration authorized; procedures for arbitration; declaratory relief.

1. Except as otherwise provided in NRS 695C.265 and subject to the approval of the Commissioner, a health maintenance ...

Nevada Revised Statutes Section 695C.270

Bond required; waiver. Each health maintenance organization shall furnish a surety bond in an amount satisfactory to the Commissioner or deposit with the Commissioner cash or securities acceptable to him ...

Nevada Revised Statutes Section 695C.275

Commissioner to adopt regulations for licensing of provider-sponsored organizations.

1. To the extent authorized by federal law, the Commissioner shall adopt regulations for the licensing of provider-sponsored organizations in ...

Nevada Revised Statutes Section 695C.280

Commissioner authorized to adopt regulations for licensing of agents or brokers. The Commissioner may adopt such reasonable regulations as are necessary to provide for the licensing of agents or brokers. ...

Nevada Revised Statutes Section 695C.290

Insurance company may establish or contract with health maintenance organization.

1. An insurance company licensed in this State may either directly or through a subsidiary or affiliate organize and ...

Nevada Revised Statutes Section 695C.300

Prohibited practices.

1. No health maintenance organization or representative thereof may cause or knowingly permit the use of advertising which is untrue or misleading, solicitation which is untrue or ...

Nevada Revised Statutes Section 695C.310

Examinations.

1. The Commissioner shall make an examination of the affairs of any health maintenance organization and providers with whom such organization has contracts, agreements or other arrangements pursuant ...

Nevada Revised Statutes Section 695C.311

Periodic examination by Commissioner to determine financial condition of health maintenance organization.

1. For the purpose of determining its financial condition, fulfillment of its contractual obligations and compliance with ...

Nevada Revised Statutes Section 695C.313

Financial examination: Procedure; appointment of examiner; maintenance and use of records; penalty for obstruction or interference.

1. If the Commissioner determines to examine a health maintenance organization pursuant to ...

Nevada Revised Statutes Section 695C.315

Financial examination: Payment of expense.

1. The health maintenance organization being examined shall pay the expense of an examination. The expenses to be paid include only the reasonable and ...

Nevada Revised Statutes Section 695C.317

Statutory procedures required for examination and hearing. The Commissioner shall use the procedures required by:

1. NRS 679B.230 to 679B.290, inclusive, when conducting an examination of a health maintenance ...

Nevada Revised Statutes Section 695C.320

Rehabilitation, liquidation or conservation. Any rehabilitation, liquidation or conservation of a health maintenance organization shall be deemed to be the rehabilitation, liquidation or conservation of an insurance company and shall ...

Nevada Revised Statutes Section 695C.325

Authorization to offer health care plan to small employer for purpose of establishing medical savings accounts. A health maintenance organization may offer to a small employer who has not less ...

Nevada Revised Statutes Section 695C.330

Disciplinary proceedings: Grounds; effect of suspension or revocation.

1. The Commissioner may suspend or revoke any certificate of authority issued to a health maintenance organization pursuant to the provisions ...

Nevada Revised Statutes Section 695C.340

Disciplinary proceedings: Notice; hearing; judicial review.

1. When the Commissioner has cause to believe that grounds for the denial of an application for a certificate of authority exist, or ...

Nevada Revised Statutes Section 695C.350

Violations: Remedies; penalties.

1. The Commissioner may, in lieu of suspension or revocation of a certificate of authority under NRS 695C.330, levy an administrative penalty in an amount not ...

Nevada Revised Statutes Section 695D.010

Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 695D.020 to 695D.080, inclusive, have the meanings ascribed to them in those ...

Nevada Revised Statutes Section 695D.020

“Commissioner” defined. “Commissioner” means the Commissioner of Insurance. ...

Nevada Revised Statutes Section 695D.030

“Dental care” defined. “Dental care” means the services ordinarily provided by dentists and includes appliances, drugs, medicines, supplies, prosthetic appliances, orthodontic appliances, and metal, ceramic or other restorations customarily used ...

Nevada Revised Statutes Section 695D.040

“Dentist” defined. “Dentist” includes a dental hygienist. ...

Nevada Revised Statutes Section 695D.050

“Member” defined. “Member” includes the person enrolled in a plan for dental care and his dependents who may also be enrolled in the plan. ...

Nevada Revised Statutes Section 695D.060

“Organization for dental care” defined. “Organization for dental care” means any person who agrees to provide coverage for dental care through one or more plans for dental care. ...

Nevada Revised Statutes Section 695D.070

“Plan for dental care” defined. “Plan for dental care” means any agreement in which a person agrees to provide or arrange for dental care or pay for or reimburse any ...

Nevada Revised Statutes Section 695D.080

“Policy” defined. “Policy” means the document given to a member which describes the dental care to which he is entitled under a plan for dental care and his obligations to ...

Nevada Revised Statutes Section 695D.090

Applicability.

1. Except as otherwise specifically provided in this chapter or elsewhere in this title, the provisions of this title other than this chapter do not apply to organizations ...

Nevada Revised Statutes Section 695D.095

Applicability of other provisions to organizations for dental care. An organization for dental care is not exempt from the provisions of NRS 679B.700. If an organization is an admitted health ...

Nevada Revised Statutes Section 695D.100

Regulations of Commissioner. The Commissioner may adopt any regulations necessary to carry out the provisions of this chapter. ...

Nevada Revised Statutes Section 695D.102

Summary of coverage: Contents of disclosure; approval by Commissioner.

1. The Commissioner shall adopt regulations which require an organization for dental care to file with the Commissioner, for his ...

Nevada Revised Statutes Section 695D.104

Summary of coverage: Copy to be provided before policy issued; policy not to be offered unless summary approved by Commissioner. An organization for dental care shall provide to the group ...

Nevada Revised Statutes Section 695D.110

Certificate of authority: Required for plan for dental care. No person may establish or operate a plan for dental care, act as an administrator of such a plan or sell ...

Nevada Revised Statutes Section 695D.120

Certificate of authority: Application. Each application for a certificate of authority must be filed with the Commissioner on a form prescribed by him, must be verified by an officer or ...

Nevada Revised Statutes Section 695D.130

Certificate of authority: Issuance. The Commissioner shall issue a certificate of authority to an organization for dental care after the organization has paid an application fee of $2,450 and the ...

Nevada Revised Statutes Section 695D.140

Certificate of authority: Notice of change of information; application for amendment; fee; approval.

1. Except as otherwise provided in subsection 2, every organization issued a certificate of authority by ...

Nevada Revised Statutes Section 695D.150

Certificate of authority: Expiration; renewal; fee for renewal. A certificate of authority expires at midnight on March 1 following the date it was issued or previously renewed. The Commissioner shall ...

Nevada Revised Statutes Section 695D.160

Composition of board of directors for organization for dental care. If an organization for dental care is a corporation, its board of directors must include:

1. Dentists who have ...

Nevada Revised Statutes Section 695D.170

Bond required; lien and payment on bond.

1. Before a certificate of authority may be issued to an organization for dental care:

(a) The officers responsible for operating ...

Nevada Revised Statutes Section 695D.180

Bond payable to State; cancellation.

1. A bond by any organization for dental care or its officers under this chapter must be payable to the State of Nevada and ...

Nevada Revised Statutes Section 695D.190

Fiduciary responsibilities; disciplinary action. Any director, officer, partner or employee of an organization for dental care who receives, collects, disburses or invests money in connection with the activities of that ...

Nevada Revised Statutes Section 695D.200

Policy: Issuance; form and contents; notice of change.

1. An organization for dental care shall:

(a) Hold a meeting for all prospective members to review fully the policy ...

Nevada Revised Statutes Section 695D.203

Group plan issued to replace discontinued policy or coverage: Requirements; notice of reduction of benefits; statement of benefits; applicability to self-insured employer.

1. A group plan for dental care ...

Nevada Revised Statutes Section 695D.205

Copayments and deductibles.

1. Each copayment and deductible required to be paid by a member must be reasonable and reasonably related to the cost of the particular service.

...

Nevada Revised Statutes Section 695D.210

Coverage for newly born and adopted children and children placed for adoption.

1. Any policy which provides coverage for a dependent of a member must provide that benefits for ...

Nevada Revised Statutes Section 695D.215

Claims: Approval or denial; request for additional information; payment; interest on unpaid claim.

1. Except as otherwise provided in subsection 2, an organization for dental care shall approve or ...

Nevada Revised Statutes Section 695D.217

Organization for dental care prohibited from denying coverage solely because person was victim of domestic violence. An organization for dental care shall not deny a claim, refuse to issue a ...

Nevada Revised Statutes Section 695D.220

Licensing of agents.

1. The provisions of chapter 683A of NRS apply to the licensing of agents for an organization for dental care.

2. As used in this ...

Nevada Revised Statutes Section 695D.230

Approval of advertising or materials used to solicit members.

1. Every organization for dental care must submit any advertising, or other materials to be used to enroll or solicit ...

Nevada Revised Statutes Section 695D.240

Limitation on expenses for marketing and administration.

1. The organization for dental care shall use not more than 25 percent of its prepaid charges or premiums for marketing and ...

Nevada Revised Statutes Section 695D.250

Reserves; regulations.

1. An organization for dental care shall set aside a reserve equal to 3 percent of the premiums collected from its members up to a total of ...

Nevada Revised Statutes Section 695D.260

Annual report, financial statement and tax; administrative penalty for failure to file report or financial statement.

1. Every organization for dental care shall file with the Commissioner on or ...

Nevada Revised Statutes Section 695D.270

Examination of organization by Commissioner.

1. The Commissioner shall, once:

(a) Every 6 months for the first 3 years after an organization for dental care receives its certificate ...

Nevada Revised Statutes Section 695D.280

Rehabilitation, liquidation or conservation. Any rehabilitation, liquidation or conservation of an organization for dental care shall be deemed to be the rehabilitation, liquidation or conservation of an insurer and must ...

Nevada Revised Statutes Section 695D.290

Trade practices and frauds. The provisions of NRS 686A.010 to 686A.310, inclusive, relating to trade practices and frauds apply to organizations for dental care. ...

Nevada Revised Statutes Section 695D.300

Disciplinary actions; penalties.

1. The Commissioner may suspend or revoke any certificate of authority issued to an organization for dental care or impose a fine of not more than ...

Nevada Revised Statutes Section 695D.310

Notice of disciplinary action; hearing; order.

1. If the Commissioner believes that grounds for denying a certificate of authority or for suspending or revoking a certificate exist, he shall ...

Nevada Revised Statutes Section 695E.010

Statement of purpose. The purpose of this chapter is to regulate the formation and operation in this state of organizations formed pursuant to the provisions of the Liability Risk Retention ...

Nevada Revised Statutes Section 695E.020

Definitions. As used in this chapter, the words and terms defined in NRS 695E.030 to 695E.110, inclusive, have the meanings ascribed to them in those sections. ...

Nevada Revised Statutes Section 695E.030

“Completed operations liability” defined.

1. “Completed operations liability” means liability arising out of the installation, maintenance or repair of any product at a site that is not owned or ...

Nevada Revised Statutes Section 695E.040

“Domicile” defined. “Domicile” means:

1. For a corporation, the state in which it is incorporated; and

2. For any other person, the state of his principal place of ...

Nevada Revised Statutes Section 695E.050

“Hazardous financial condition” defined. “Hazardous financial condition” means that, based on its present or reasonably anticipated financial condition, a risk retention group, although not yet financially impaired or insolvent, is ...

Nevada Revised Statutes Section 695E.060

“Liability” defined.

1. “Liability” means legal liability for damages, including costs of defense, legal costs and fees, and other expenses for claims, because of injuries to other persons, damage ...

Nevada Revised Statutes Section 695E.070

“Personal risk liability” defined. “Personal risk liability” means liability for damages because of injury to any person, damage to property, or other loss or damage resulting from any personal, familial ...

Nevada Revised Statutes Section 695E.080

“Plan of operation” defined. “Plan of operation” means an analysis of the expected activities and results of a risk retention group, including:

1. The coverages, deductibles, limits of coverage, ...

Nevada Revised Statutes Section 695E.090

“Product liability” defined. “Product liability” means liability for damages because of any personal injury, death, emotional harm, consequential economic damage or damage to property, including damages resulting from the loss ...

Nevada Revised Statutes Section 695E.100

“Purchasing group” defined. “Purchasing group” means any group which:

1. Has as one of its purposes the purchase of liability insurance on a group basis;

2. Purchases such ...

Nevada Revised Statutes Section 695E.110

“Risk retention group” defined. “Risk retention group” means any corporation or association with limited liability that is formed under the laws of any state, Bermuda or the Cayman Islands:

...

Nevada Revised Statutes Section 695E.120

Requirements. A purchasing group that intends to conduct business in this state shall register with the Commissioner and:

1. Furnish notice to the Commissioner that:

(a) Identifies the ...

Nevada Revised Statutes Section 695E.125

Notification of change in information provided to Commissioner. A purchasing group shall notify the Commissioner of any change in any of the information required pursuant to subsection 1 of NRS ...

Nevada Revised Statutes Section 695E.130

Purchase of insurance; exemption from certain laws.

1. Except as otherwise provided in chapter 685A of NRS, a purchasing group shall not purchase insurance from an unauthorized insurer or ...

Nevada Revised Statutes Section 695E.135

Extent of liability for payment of premium tax. All premiums paid by a purchasing group or any member of the purchasing group for insurance on risks resident, located or to ...

Nevada Revised Statutes Section 695E.140

Requirements.

1. A risk retention group seeking to be chartered in this state must obtain a certificate of authority pursuant to chapter 680A of NRS to transact liability insurance ...

Nevada Revised Statutes Section 695E.150

Identifying statement; plan of operation; Commissioner to serve as agent for service of process; filing fee. Before transacting insurance in this state, a risk retention group must submit to the ...

Nevada Revised Statutes Section 695E.160

Submission of financial statement, examinations, audits and other information. A risk retention group transacting insurance in this state shall submit to the Commissioner:

1. A copy of the group’s ...

Nevada Revised Statutes Section 695E.170

Applicability of other provisions.

1. A risk retention group and its agents and representatives are subject to the provisions of NRS 686A.010 to 686A.310, inclusive. Any injunction obtained pursuant ...

Nevada Revised Statutes Section 695E.180

Notice required in policy. A policy issued by a risk retention group must contain in 10-point type on the front page and the declaration page, the following notice:

...

Nevada Revised Statutes Section 695E.190

Examination by Commissioner; compliance with order of Commissioner; enforcement of order issued by federal court.

1. A risk retention group shall submit to an examination by the Commissioner to ...

Nevada Revised Statutes Section 695E.200

Prohibited acts. A risk retention group shall not:

1. Transact insurance with any person who is not eligible for membership in the risk retention group;

2. Conduct any ...

Nevada Revised Statutes Section 695E.210

Applicability of other provisions; fines and penalties for violation of chapter.

1. Any person acting, or offering to act, as an agent or broker for a purchasing group, a ...

Nevada Revised Statutes Section 695E.220

Annual notice of intent to continue doing business in Nevada. On or before March 1 of each year, a purchasing group and a risk retention group shall submit to the ...

Nevada Revised Statutes Section 695F.010

Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 695F.020 to 695F.070, inclusive, have the meanings ascribed to them in those ...

Nevada Revised Statutes Section 695F.020

“Enrollee” defined. “Enrollee” means a person, including his dependents, who is entitled to a limited health service pursuant to a contract with a person authorized to provide or arrange for ...

Nevada Revised Statutes Section 695F.030

“Evidence of coverage” defined. “Evidence of coverage” means any certificate, agreement or contract issued to an enrollee which sets forth the coverage he is entitled to receive. ...

Nevada Revised Statutes Section 695F.040

“Limited health service” defined. “Limited health service” means:

1. Chiropractic, dental, hospital, medical, optometric, pharmaceutical, podiatric or surgical care;

2. Treatment relating to mental health or the abuse ...

Nevada Revised Statutes Section 695F.043

“Medicaid” defined. “Medicaid” means a program established in any state pursuant to Title XIX of the Social Security Act (42 U.S.C. §§ 1396 et seq.) to provide assistance for part ...

Nevada Revised Statutes Section 695F.047

“Order for medical coverage” defined. “Order for medical coverage” means an order of a court or administrative tribunal to provide medical coverage to a child pursuant to the provisions of ...

Nevada Revised Statutes Section 695F.050

“Prepaid limited health service organization” defined.

1. “Prepaid limited health service organization” means any person who, in return for a prepayment, agrees to provide or arrange for the provision ...

Nevada Revised Statutes Section 695F.060

“Provider” defined. “Provider” means any physician, dentist or any other person who is licensed or otherwise authorized in this state to provide a limited health service. ...

Nevada Revised Statutes Section 695F.070

“Subscriber” defined. “Subscriber” means a person whose employment or other status, except for family dependency, is the basis for his entitlement to receive a limited health service pursuant to a ...

Nevada Revised Statutes Section 695F.080

General applicability of title 57 of NRS. Except as otherwise provided in this chapter or in specific provisions of this title, the provisions of this title are not applicable to ...

Nevada Revised Statutes Section 695F.090

Applicable statutory provisions. Prepaid limited health service organizations are subject to the provisions of this chapter and to the following provisions, to the extent reasonably applicable:

1. NRS 687B.310 ...

Nevada Revised Statutes Section 695F.100

Certificate required. A person shall not operate a prepaid limited health service organization in this state unless he has been issued a certificate of authority by the Commissioner pursuant to ...

Nevada Revised Statutes Section 695F.110

Application for certificate. An application for a certificate of authority to operate a prepaid limited health service organization must be filed with the Commissioner on a form prescribed by him. ...

Nevada Revised Statutes Section 695F.120

Review of application; issuance of certificate.

1. The Commissioner shall review each application and notify the applicant of any deficiency contained in the application.

2. The Commissioner shall ...

Nevada Revised Statutes Section 695F.130

Application of person who is licensed as insurer or holds another certificate of authority. Any person who is licensed as an insurer pursuant to chapter 680A of NRS or issued ...

Nevada Revised Statutes Section 695F.140

Denial of application; hearing.

1. If the Commissioner denies an application for a certificate of authority of a person who files an application pursuant to NRS 695F.120 or 695F.130, ...

Nevada Revised Statutes Section 695F.150

Evidence of coverage: Issuance; contents; amendment.

1. A prepaid limited health service organization shall issue evidence of coverage to each subscriber. Each evidence of coverage must contain a clear ...

Nevada Revised Statutes Section 695F.153

Coverage for prescription drugs: Provision of notice and information regarding use of formulary.

1. A prepaid limited health service organization that offers or issues evidence of coverage which provides ...

Nevada Revised Statutes Section 695F.156

Coverage for prescription drug previously approved for medical condition of enrollee.

1. Except as otherwise provided in this section, evidence of coverage which provides coverage for prescription drugs must ...

Nevada Revised Statutes Section 695F.160

Rates and charges: Reasonableness. The rates and charges for a limited health service must be reasonable. The commissioner may request information from the prepaid limited health service organization to determine ...

Nevada Revised Statutes Section 695F.170

Procedure for modification of rates, charges, benefits, organization, operations, documents or services.

1. A prepaid limited health service organization shall file with the Commissioner a notice of any change ...

Nevada Revised Statutes Section 695F.180

Investments. The money of the prepaid limited health service organization must be invested in accordance with the guidelines established by the National Association of Insurance Commissioners for investments by health ...

Nevada Revised Statutes Section 695F.190

Requirements for reserve.

1. A prepaid limited health service organization shall set aside a reserve equal to 3 percent of the premiums collected from its enrollees in an amount ...

Nevada Revised Statutes Section 695F.200

Maintenance of capital account and surety. Each prepaid limited health service organization which receives a certificate of authority shall maintain a:

1. Capital account with a net worth of ...

Nevada Revised Statutes Section 695F.210

Maintenance of fidelity bond or deposit in lieu of bond.

1. A prepaid limited health service organization shall maintain in force a fidelity bond in its own name on ...

Nevada Revised Statutes Section 695F.215

Required contract with insurance company for provision of insurance, indemnity or reimbursement against cost of health care services. A prepaid limited health service organization shall contract with an insurance company ...

Nevada Revised Statutes Section 695F.220

Contract between organization and provider or subcontractor for provision of services to enrollees. Each contract between a prepaid limited health service organization and a provider or other person subcontracting for ...

Nevada Revised Statutes Section 695F.230

Establishment of system for resolution of complaints.

1. Each prepaid limited health service organization shall establish a system for the resolution of written complaints submitted by enrollees and providers.

Nevada Revised Statutes Section 695F.300

Regulations of Commissioner. The Commissioner shall adopt regulations to carry out the provisions of this chapter. ...

Nevada Revised Statutes Section 695F.310

Examination of affairs of organization.

1. The Commissioner may examine the affairs of any prepaid limited health service organization as often as is reasonably necessary to protect the interests ...

Nevada Revised Statutes Section 695F.320

Reports to Commissioner; fine and suspension for noncompliance.

1. Each prepaid limited health service organization shall file with the Commissioner annually, on or before March 1, a report showing ...

Nevada Revised Statutes Section 695F.330

Payment of tax. At the time of filing the annual report pursuant to NRS 695F.320 the prepaid limited health service organization shall forward to the Department of Taxation the tax ...

Nevada Revised Statutes Section 695F.340

Fees. Each prepaid limited health service organization shall pay to the Commissioner the following fees:

For filing an application for a certificate of authority.................................... $2,450

For issuance of ...

Nevada Revised Statutes Section 695F.350

Suspension or revocation of certificate of authority.

1. The Commissioner may suspend or revoke the certificate of authority of a prepaid limited health service organization issued pursuant to this ...

Nevada Revised Statutes Section 695F.360

Violations of chapter: Order to cease and desist; fine. If the Commissioner, after a hearing held pursuant to NRS 695F.140, finds that a prepaid limited health service organization or other ...

Nevada Revised Statutes Section 695F.400

License required to apply, procure, negotiate or place for another any policy or contract of organization. A person shall not apply, procure, negotiate or place for another person any policy ...

Nevada Revised Statutes Section 695F.410

Confidentiality and disclosure of information.

1. Any information relating to the diagnosis, treatment or health of any enrollee obtained from the enrollee or from any provider by a prepaid ...

Nevada Revised Statutes Section 695F.420

Certain insurers and organizations may exclude coverage duplicated pursuant to this chapter. Notwithstanding any other provision of this title, any person who is licensed as an insurer pursuant to chapter ...

Nevada Revised Statutes Section 695F.430

Provision of services excluded from practice of any healing arts; solicitation excluded from statutory provisions regarding solicitation or advertising by practitioner of healing art.

1. The provision of limited ...

Nevada Revised Statutes Section 695F.440

Effect of eligibility for medical assistance under Medicaid; assignment of rights to state agency.

1. An organization shall not, when considering eligibility for coverage or making payments under any ...

Nevada Revised Statutes Section 695F.450

Organization prohibited from asserting certain grounds to deny enrollment of child pursuant to order if parent is insured. A prepaid limited health service organization shall not deny the enrollment of ...

Nevada Revised Statutes Section 695F.460

Certain accommodations to be made when child is covered under evidence of coverage of noncustodial parent. If a child has coverage under any evidence of coverage pursuant to which a ...

Nevada Revised Statutes Section 695F.470

Organization to authorize enrollment of child of parent who is required by order to provide medical coverage under certain circumstances; termination of coverage of child. If a parent is required ...

Nevada Revised Statutes Section 695F.480

Organization prohibited from restricting coverage of child based on preexisting condition if person who is eligible for group coverage adopts or assumes legal obligation for child.

1. If a ...

Nevada Revised Statutes Section 695G.010

Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 695G.020 to 695G.080, inclusive, have the meanings ascribed to them in those ...

Nevada Revised Statutes Section 695G.012

“Adverse determination” defined. “Adverse determination” means a determination of a managed care organization to deny all or part of a service or procedure that is proposed or being provided to ...

Nevada Revised Statutes Section 695G.014

“Authorized representative” defined. “Authorized representative” means a person who has obtained the consent of an insured to represent him in an external review of a final adverse determination conducted pursuant ...

Nevada Revised Statutes Section 695G.016

“Clinical peer” defined. “Clinical peer” means a physician who is:

1. Engaged in the practice of medicine; and

2. Certified or is eligible for certification by a member ...

Nevada Revised Statutes Section 695G.018

“External review organization” defined. “External review organization” means an organization that:

1. Conducts an external review of a final adverse determination; and

2. Is certified by the Commissioner ...

Nevada Revised Statutes Section 695G.020

“Health care plan” defined. “Health care plan” means a policy, contract, certificate or agreement offered or issued by a managed care organization to provide, deliver, arrange for, pay for or ...

Nevada Revised Statutes Section 695G.030

“Insured” defined. “Insured” means a person who receives benefits under a health care plan. ...

Nevada Revised Statutes Section 695G.040

“Managed care” defined. “Managed care” means a system for delivering health care services that encourages the efficient use of health care services by using employed or independently contracted providers of ...

Nevada Revised Statutes Section 695G.050

“Managed care organization” defined. “Managed care organization” means any insurer or organization authorized pursuant to this title to conduct business in this State that provides or arranges for the provision ...

Nevada Revised Statutes Section 695G.055

“Medically necessary” defined. “Medically necessary” means health care services or products that a prudent physician would provide to a patient to prevent, diagnose or treat an illness, injury or disease, ...

Nevada Revised Statutes Section 695G.060

“Primary care physician” defined. “Primary care physician” means a physician or group of physicians who:

1. Provides initial and primary health care services to an insured;

2. Maintains ...

Nevada Revised Statutes Section 695G.070

“Provider of health care” defined. “Provider of health care” means any physician, hospital or other person who is licensed or otherwise authorized in this State to furnish any health care ...

Nevada Revised Statutes Section 695G.080

“Utilization review” defined.

1. “Utilization review” means the various methods that may be used by a managed care organization to review the amount and appropriateness of the provision of ...

Nevada Revised Statutes Section 695G.090

Applicability.

1. Except as otherwise provided in subsection 3, the provisions of this chapter apply to each organization and insurer that operates as a managed care organization and may ...

Nevada Revised Statutes Section 695G.100

Documents treated as public record. Any document required to be filed with the Commissioner pursuant to this chapter, other than medical records and other information relating to a specific insured, ...

Nevada Revised Statutes Section 695G.110

Medical director must be physician licensed in this State. Each managed care organization shall employ or contract with a physician who is licensed to practice medicine in the State of ...

Nevada Revised Statutes Section 695G.120

Utilization review: Written policies and procedures; subcontracting. Each managed care organization shall:

1. Develop and maintain written policies and procedures setting forth the manner in which it conducts utilization ...

Nevada Revised Statutes Section 695G.125

Contracts with certain federally qualified health centers.

1. A managed care organization that delivers health care services by using independently contracted providers of health care shall use its best ...

Nevada Revised Statutes Section 695G.130

Report regarding methods for reviewing quality of health care services: Requirements; availability for public inspection.

1. In addition to any other report which is required to be filed with ...

Nevada Revised Statutes Section 695G.140

Responsibility for money in fiduciary relationship to insured. Any person who receives, collects, disburses or invests money for a managed care organization is responsible for such money in a fiduciary ...

Nevada Revised Statutes Section 695G.150

Authorization of recommended and covered health care services required. Each managed care organization shall authorize coverage of a health care service that has been recommended for the insured by a ...

Nevada Revised Statutes Section 695G.160

Written criteria concerning coverage of health care services and standards for quality of health care services.

1. Each managed care organization shall establish written criteria:

(a) Setting forth ...

Nevada Revised Statutes Section 695G.163

Coverage for prescription drugs: Provision of notice and information regarding use of formulary.

1. A managed care organization that offers or issues a health care plan which provides coverage ...

Nevada Revised Statutes Section 695G.164

Required provision concerning coverage for continued medical treatment.

1. The provisions of this section apply to a health care plan offered or issued by a managed care organization if ...

Nevada Revised Statutes Section 695G.166

Required provision concerning coverage for prescription drug previously approved for medical condition of insured.

1. Except as otherwise provided in this section, a health care plan which provides coverage ...

Nevada Revised Statutes Section 695G.168

Required provision concerning coverage for screening for colorectal cancer.

1. A health care plan issued by a managed care organization that provides coverage for the treatment of colorectal cancer ...

Nevada Revised Statutes Section 695G.170

Required provision concerning coverage for medically necessary emergency services; prohibitions.

1. Each managed care organization shall provide coverage for medically necessary emergency services provided at any hospital.

2. ...

Nevada Revised Statutes Section 695G.173

Required provision concerning coverage for treatment received as part of clinical trial or study.

1. A health care plan issued by a managed care organization must provide coverage for ...

Nevada Revised Statutes Section 695G.175

Certain actions of managed care organization prohibited.

1. If a managed care organization contracts for the provision of emergency medical services, outpatient services or inpatient services with a hospital ...

Nevada Revised Statutes Section 695G.180

Quality assurance program: Requirements; written description; informing providers; necessary staff; review; responsibility for activities.

1. Each managed care organization shall establish a quality assurance program designed to direct, evaluate ...

Nevada Revised Statutes Section 695G.190

Quality improvement committee: Administration; duties.

1. As part of a quality assurance program established pursuant to NRS 695G.180, each managed care organization shall create a quality improvement committee directed ...

Nevada Revised Statutes Section 695G.200

Approval; requirements; assistance for persons filing complaints; examination.

1. Each managed care organization shall establish a system for resolving complaints of an insured concerning:

(a) Payment or reimbursement ...

Nevada Revised Statutes Section 695G.210

Review board; appeal; right to expedited review of complaint; notice to insured.

1. Except as otherwise provided in NRS 695G.300, a system for resolving complaints created pursuant to NRS ...

Nevada Revised Statutes Section 695G.220

Annual report; managed care organization to maintain records of complaints concerning something other than health care services.

1. Each managed care organization shall submit to the Commissioner and the ...

Nevada Revised Statutes Section 695G.230

Written notice to insured explaining rights of insureds regarding decision to deny coverage; notice to insured when organization denies coverage of health care service.

1. After approval by the ...

Nevada Revised Statutes Section 695G.240

Managed care organization prohibited from interfering in or restricting certain communications. [Replaced in revision by NRS 695G.400.] ...

Nevada Revised Statutes Section 695G.241

Adverse determination deemed final for purpose of submitting to external review organization.

1. For the purposes of NRS 695G.200 to 695G.310, inclusive, an adverse determination is final if the ...

Nevada Revised Statutes Section 695G.250

Certain actions taken against provider solely because provider advocates on behalf of patient, assists patient or reports violation of law prohibited. [Replaced in revision by NRS 695G.410.] ...

Nevada Revised Statutes Section 695G.251

Request for review; assignment of external review organization; provision of documents relating to adverse determination to external review organization.

1. If an insured or a physician of an insured ...

Nevada Revised Statutes Section 695G.260

Offering or paying financial incentive to provider to deny, reduce, withhold, limit or delay medically necessary services prohibited. [Replaced in revision by NRS 695G.420.] ...

Nevada Revised Statutes Section 695G.261

Review of documents by external review organization; decision of external review organization.

1. Except as otherwise provided in NRS 695G.271, upon receipt of a request for an external review ...

Nevada Revised Statutes Section 695G.270

Managed care organization prohibited from charging provider of health care fee for inclusion on panel of providers established to provide certain health care services. [Replaced in revision by NRS 695G.430.] ...

Nevada Revised Statutes Section 695G.271

Expedited approval or denial of request.

1. A managed care organization shall approve or deny a request for an external review of a final adverse determination in an expedited ...

Nevada Revised Statutes Section 695G.280

Basis for decision of external review organization. The decision of an external review organization concerning a request for an external review must be based on:

1. Documentary evidence, including ...

Nevada Revised Statutes Section 695G.290

Decision in favor of insured binding on managed care organization; limitation of liability; cost for external review organization.

1. If the determination of an external review organization concerning an ...

Nevada Revised Statutes Section 695G.300

Submission of complaint of insured to external review organization. In lieu of resolving a complaint of an insured in accordance with a system for resolving complaints established pursuant to the ...

Nevada Revised Statutes Section 695G.310

Annual report; requirements. On or before January 31 of each year, each managed care organization shall file a written report with the Office for Consumer Health Assistance setting forth the ...

Nevada Revised Statutes Section 695G.400

Managed care organization prohibited from interfering in or restricting certain communications. A managed care organization shall not restrict or interfere with any communication between a provider of health care and ...

Nevada Revised Statutes Section 695G.410

Certain actions taken against provider solely because provider advocates on behalf of patient, assists patient or reports violation of law prohibited. A managed care organization shall not terminate a contract ...

Nevada Revised Statutes Section 695G.420

Offering or paying financial incentive to provider to deny, reduce, withhold, limit or delay medically necessary services prohibited.

1. A managed care organization shall not offer or pay any ...

Nevada Revised Statutes Section 695G.430

Contracts between managed care organization and provider of health care: Form for obtaining information on provider of health care; modification; schedule of fees.

1. A managed care organization shall ...

Nevada Revised Statutes Section 696A.010

Short title. This chapter constitutes and may be cited as the Motor Club Law. ...

Nevada Revised Statutes Section 696A.020

Definitions. Except where the context otherwise requires, the terms used in this chapter shall be given the meanings set forth in NRS 696A.030 to 696A.070, inclusive, but such meaning shall ...

Nevada Revised Statutes Section 696A.030

Acts constituting service. Any act by a motor club for the purpose of rendering a service defined in this chapter constitutes such service, whether or not the service as defined ...

Nevada Revised Statutes Section 696A.040

“Club agent” defined. “Club agent” means a person other than the motor club itself who acts or aids in any manner in the solicitation, delivery or negotiation of any service ...

Nevada Revised Statutes Section 696A.050

“Motor club” defined. “Motor club” means any person who in consideration of dues, assessments or periodic payments of money, promises its members or subscribers to assist them in matters relating ...

Nevada Revised Statutes Section 696A.060

“Person” defined. “Person” is limited to any person who conducts a motor club business in this state. ...

Nevada Revised Statutes Section 696A.070

“Service contract” defined. “Service contract” means a written contract whereby any person promises for a consideration to render, furnish or procure motor club service for any other person. ...

Nevada Revised Statutes Section 696A.080

Deposit and maintenance of security: Form; amount.

1. A person shall not render or agree to render motor club service without first depositing and thereafter continuously maintaining security in ...

Nevada Revised Statutes Section 696A.090

Purpose and conditions of security. Such security shall:

1. Be for the protection, use and benefit of all persons whose applications for membership in a motor club have been ...

Nevada Revised Statutes Section 696A.100

Persons authorized to sue on bond. If such bond or evidence that such bond is filed in another state is filed, any person defrauded or injured by any wrongful act, ...

Nevada Revised Statutes Section 696A.110

Deposit in lieu of bond: Conditions; execution on judgments against club. A deposit of cash or securities, in lieu of such bond, shall be subject to the conditions applying to ...

Nevada Revised Statutes Section 696A.120

Name of club: Submission to Commissioner; rejection of similar name. The name of a motor club shall be submitted to the Commissioner for approval pursuant to NRS 696A.140, before the ...

Nevada Revised Statutes Section 696A.130

Necessity for certificate. A person shall not render or agree to render motor club service in this state without first procuring from the Commissioner a certificate of authority so to ...

Nevada Revised Statutes Section 696A.140

Certificate of authority: Application; fees; bond. The Commissioner shall not issue a certificate of authority to any motor club until:

1. It files with him the following:

(a) ...

Nevada Revised Statutes Section 696A.150

Certificate of authority: Expiration; fee for renewal. Every certificate of authority issued to a motor club expires annually on March 1 unless it is revoked or suspended. The certificate may ...

Nevada Revised Statutes Section 696A.160

Certificate of authority: Revocation or suspension; notice to public.

1. The Commissioner shall revoke or suspend the certificate of authority of a motor club whenever, after a hearing, he ...

Nevada Revised Statutes Section 696A.170

Examination.

1. Every motor club shall be subject to examination by the Commissioner in the manner and under the conditions provided for examination of insurers contained in NRS 679B.230 ...

Nevada Revised Statutes Section 696A.180

Commissioner to be appointed attorney upon whom process may be served; duties of Commissioner.

1. Every motor club desiring to transact business in this state shall file with the ...

Nevada Revised Statutes Section 696A.185

Annual filing requirements; annual fees and assessments; administrative penalty.

1. Every motor club shall file with the Commissioner on or before March 1 of each year a report which ...

Nevada Revised Statutes Section 696A.190

Information for members; service contract.

1. Every motor club shall furnish to its members a service contract or a membership card and the following information:

(a) The exact ...

Nevada Revised Statutes Section 696A.200

Approval of forms.

1. No motor club shall issue for delivery or deliver in this state any evidence of membership, or statement of services and benefits, or service contract ...

Nevada Revised Statutes Section 696A.210

Required provisions. A service contract as defined in NRS 696A.070 shall not be executed, issued or delivered in this state unless it contains the following:

1. The exact corporate ...

Nevada Revised Statutes Section 696A.220

Solicitation for club without certificate of authority. A person shall not solicit or aid in the solicitation of another person to purchase a service contract issued by a club not ...

Nevada Revised Statutes Section 696A.230

Misrepresentation. A club or an officer or agent thereof shall not in any manner misrepresent the terms, benefits or privileges of any service contract issued or to be issued by ...

Nevada Revised Statutes Section 696A.240

Contract contrary to provisions of law valid. Any service contract made, issued or delivered contrary to any provision of this chapter, shall nevertheless be valid and binding on the club. ...

Nevada Revised Statutes Section 696A.250

Necessity for agent’s license. No person shall act as a club agent in this state without first procuring a license so to act from the Commissioner. ...

Nevada Revised Statutes Section 696A.260

Application for license: Contents. [Effective until the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and ...

Nevada Revised Statutes Section 696A.260

Application for license: Contents. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and ...

Nevada Revised Statutes Section 696A.270

Conditions for issuance and renewal of license. For the protection of the people of this state, the Commissioner shall not:

1. Issue or renew any club agent’s license except ...

Nevada Revised Statutes Section 696A.280

Qualifications for license. The Commissioner shall license as a club agent only an individual who has otherwise complied with this chapter, and who has furnished evidence satisfactory to the Commissioner ...

Nevada Revised Statutes Section 696A.290

Form and contents of license. The Commissioner shall prescribe the form of the club agent’s license, but it shall contain:

1. The name of the licensee and his business ...

Nevada Revised Statutes Section 696A.300

Term of license; renewal; fees. [Effective until the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational ...

Nevada Revised Statutes Section 696A.300

Term of license; renewal; fees. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational ...

Nevada Revised Statutes Section 696A.303

Payment of child support: Statement by applicant for license; grounds for denial of license; duty of Commissioner. [Expires by limitation on the date of the repeal of the federal law ...

Nevada Revised Statutes Section 696A.307

Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license. [Expires by limitation on the date of the repeal of the ...

Nevada Revised Statutes Section 696A.310

Suspension or revocation of or refusal to renew license of club agent. The Commissioner may suspend, revoke or refuse to renew any club agent’s license issued under this chapter for ...

Nevada Revised Statutes Section 696A.320

Revocation, suspension or refusal of licenses of firms, partnerships or corporations. The club agent’s license of any firm, partnership or corporation may be suspended, revoked or refused for any cause ...

Nevada Revised Statutes Section 696A.330

Surrender of certificate after revocation or suspension of license. The holder of any club agent’s license which has been revoked or suspended shall immediately surrender the license certificate to the ...

Nevada Revised Statutes Section 696A.340

Exemptions. This chapter does not apply to:

1. A duly authorized attorney at law acting in the usual course of his profession.

2. Any authorized insurer.

3. ...

Nevada Revised Statutes Section 696A.350

Penalties.

1. Any person violating the provisions of NRS 696A.080 to 696A.110, inclusive, is guilty of a gross misdemeanor.

2. Any person violating any other provisions of NRS ...

Nevada Revised Statutes Section 696A.360

Applicability of other provisions. Motor clubs are also subject, in the same manner as insurers, to the following provisions of this Code to the extent reasonably applicable:

1. Chapter ...

Nevada Revised Statutes Section 696B.010

Short title. This chapter constitutes and may be cited as the Insurers Conservation, Rehabilitation and Liquidation Law. ...

Nevada Revised Statutes Section 696B.020

Applicability of chapter. The applicable provisions of this chapter apply to:

1. All insurers authorized to transact insurance in this state;

2. All insurers having policyholders ...

Nevada Revised Statutes Section 696B.030

Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 696B.040 to 696B.180, inclusive, shall have the meanings ascribed to them in ...

Nevada Revised Statutes Section 696B.040

“Ancillary state” defined. “Ancillary state” means any state other than a domiciliary state. ...

Nevada Revised Statutes Section 696B.050

“Creditor” defined. “Creditor” means a person having a claim, whether matured or unmatured, liquidated or unliquidated, secured or unsecured, or absolute, fixed or contingent. ...

Nevada Revised Statutes Section 696B.060

“Delinquency proceeding” defined. “Delinquency proceeding” means:

1. Any proceeding commenced against an insurer pursuant to this chapter for the purpose of conserving, rehabilitating, reorganizing or liquidating the insurer; or

Nevada Revised Statutes Section 696B.070

“Domiciliary state” defined. “Domiciliary state” means the state in which an insurer is incorporated or organized or, as to an alien insurer, the state in which at the commencement of ...

Nevada Revised Statutes Section 696B.080

“Foreign country” defined. “Foreign country” means territory not in any state. ...

Nevada Revised Statutes Section 696B.090

“General assets” defined.

1. “General assets” means all property, real, personal or otherwise, not specifically mortgaged, pledged, deposited or otherwise encumbered for the security or benefit of specified persons ...

Nevada Revised Statutes Section 696B.100

“Impairment” defined. “Impairment” exists as to:

1. A stock insurer when the insurer’s assets do not at least equal the sum of its liabilities, including also its paid-in capital ...

Nevada Revised Statutes Section 696B.110

“Insolvency” defined. “Insolvency” exists:

1. When the insurer fails to meet its obligations as they mature;

2. When a stock insurer’s assets are less than the sum of ...

Nevada Revised Statutes Section 696B.120

“Insurer” defined. “Insurer,” in addition to persons so defined under NRS 679A.100, includes also persons purporting to be insurers, or organizing or holding themselves out as organizing in this state ...

Nevada Revised Statutes Section 696B.130

“Preferred claim” defined. “Preferred claim” means any claim accorded priority of payment from the insurer’s general assets under applicable law. ...

Nevada Revised Statutes Section 696B.140

“Receiver” defined. “Receiver” means a receiver, liquidator, rehabilitator or conservator, as the context requires. ...

Nevada Revised Statutes Section 696B.150

“Reciprocal state” defined. “Reciprocal state” means any state other than this state in which in substance and effect the provisions of the Uniform Insurers Liquidation Act, are in force, including ...

Nevada Revised Statutes Section 696B.160

“Secured claim” defined.

1. “Secured claim” means any claim secured by mortgage, trust deed, pledge, deposit as security, escrow or otherwise, but not including special deposit claims or claims ...

Nevada Revised Statutes Section 696B.170

“Special deposit claim” defined. “Special deposit claim” means any claim secured by a deposit made under a statute for the security or benefit of a limited class or classes of ...

Nevada Revised Statutes Section 696B.180

“State” defined. “State” has the meaning ascribed to it in NRS 679A.120. ...

Nevada Revised Statutes Section 696B.190

Jurisdiction of delinquency proceedings; venue; exclusiveness of remedy; appeal.

1. The district court has original jurisdiction of delinquency proceedings under NRS 696B.010 to 696B.565, inclusive, and ...

Nevada Revised Statutes Section 696B.200

Jurisdiction over related persons and transactions; service of process.

1. A court of this state in which an order of rehabilitation or liquidation has been entered in delinquency proceedings ...

Nevada Revised Statutes Section 696B.210

Grounds for conservation or rehabilitation of domestic insurer or domiciled alien insurer. The Commissioner may petition for an order directing him to conserve the assets of or to rehabilitate a ...

Nevada Revised Statutes Section 696B.220

Grouds for liquidation of domestic insurer or domiciled alien insurer. The Commissioner may apply to the court for an order appointing him as receiver (if his appointment as receiver is ...

Nevada Revised Statutes Section 696B.230

Grounds for conservation: Foreign and alien insurers. The Commissioner may apply to the court for an order appointing him as receiver or ancillary receiver, and directing him to conserve the ...

Nevada Revised Statutes Section 696B.240

Grounds for ancillary liquidation: Foreign and alien insurers. The Commissioner may apply to the court for an order appointing him as ancillary receiver of and directing him to liquidate the ...

Nevada Revised Statutes Section 696B.250

Commencement of proceeding.

1. The Commissioner shall commence a delinquency proceeding authorized under this chapter, the Attorney General representing him, by filing a petition in a court of proper ...

Nevada Revised Statutes Section 696B.255

Commissioner as receiver, rehabilitator or liquidator authorized to appoint special deputies and advisory committee.

1. The Commissioner, as receiver, rehabilitator or liquidator, may appoint one or more special deputies ...

Nevada Revised Statutes Section 696B.260

Service of process. A certified copy of any order to show cause issued under NRS 696B.250, and a copy of the petition upon which the order is made shall be ...

Nevada Revised Statutes Section 696B.270

Injunctions.

1. Upon application by the Commissioner for such an order to show cause, or at any time thereafter, the court may without notice issue an injunction restraining the ...

Nevada Revised Statutes Section 696B.280

Uniform Insurers Liquidation Act: Composition; severability; interpretation.

1. This section, NRS 696B.030 to 696B.180, inclusive, (definitions) and NRS 696B.290 to 696B.340, inclusive, comprise and may be cited as the ...

Nevada Revised Statutes Section 696B.290

Conduct of delinquency proceedings against domestic insurers and certain alien insurers.

1. Whenever under this chapter a receiver is to be appointed in delinquency proceedings for an insurer, the ...

Nevada Revised Statutes Section 696B.300

Conduct of delinquency proceedings against foreign insurers.

1. Whenever under this chapter an ancillary receiver is to be appointed in delinquency proceedings for an insurer not domiciled in this ...

Nevada Revised Statutes Section 696B.310

Claims of nonresidents against domestic insurers.

1. In a delinquency proceeding begun in this state against a domestic insurer, claimants residing in reciprocal states may file claims either with ...

Nevada Revised Statutes Section 696B.320

Claims against foreign insurers.

1. In a delinquency proceeding in a reciprocal state against an insurer domiciled in that state, claimants against such insurer who reside within this state ...

Nevada Revised Statutes Section 696B.330

Form of claim; notice; hearing.

1. All claims against an insurer against which delinquency proceedings have been begun shall set forth in reasonable detail the amount of the claim, ...

Nevada Revised Statutes Section 696B.340

Attachment and garnishment of assets; execution. During the pendency of delinquency proceedings in this or any reciprocal state, no action or proceeding in the nature of an attachment, garnishment or ...

Nevada Revised Statutes Section 696B.350

Limitations on appointment of receiver; action by judgment creditor.

1. Except as provided in subsection 2, no order, judgment or decree enjoining, restraining or interfering with the prosecution of ...

Nevada Revised Statutes Section 696B.360

Deposit of money.

1. Except as otherwise provided in this section:

(a) The money collected by the Commissioner in a proceeding under this chapter must be from time ...

Nevada Revised Statutes Section 696B.370

Exemption from fees. The Commissioner shall not be required to pay any fee to any public officer in this state for service of process, or for filing, recording, issuing a ...

Nevada Revised Statutes Section 696B.380

Borrowing on pledge of assets.

1. For the purpose of facilitating the rehabilitation, liquidation, conservation or dissolution of an insurer pursuant to NRS 696B.010 to 696B.565, inclusive, the Commissioner ...

Nevada Revised Statutes Section 696B.390

Termination of conservation or rehabilitation. If at any time the court finds, after a hearing in open court, upon petition of the Commissioner or of the insurer or of its ...

Nevada Revised Statutes Section 696B.400

Date rights fixed on liquidation. The rights and liabilities of the insurer and of its creditors, policyholders, stockholders, members, subscribers and all other persons interested in its estate shall, unless ...

Nevada Revised Statutes Section 696B.410

Prohibited and voidable transfers and liens.

1. No insurer shall make any transfer of or create any lien upon any of its property with the intent of giving to ...

Nevada Revised Statutes Section 696B.412

Recovery by receiver of certain distributions on capital stock and payments to directors, officers and employees; scope of liability.

1. Except as otherwise provided in subsections 2 and 4, ...

Nevada Revised Statutes Section 696B.415

Disbursements to insurance guaranty associations; claims for unearned premiums.

1. Upon the issuance of an order of liquidation with a finding of insolvency against a domestic insurer, the Commissioner ...

Nevada Revised Statutes Section 696B.420

Order of distribution of claims from estate of insurer on liquidation.

1. The order of distribution of claims from the estate of the insurer on liquidation of the insurer ...

Nevada Revised Statutes Section 696B.430

Subordination of claims for failure to cooperate. If an ancillary receiver in another state or foreign country, by whatever name called, fails to transfer to the domiciliary liquidator in this ...

Nevada Revised Statutes Section 696B.440

Offsets.

1. Except as provided in subsection 2, in all cases of mutual debts or mutual credits between the insurer and another person in connection with any action or ...

Nevada Revised Statutes Section 696B.450

Allowance of certain claims.

1. No contingent and unliquidated claim shall share in a distribution of the assets of an insurer which has been adjudicated to be insolvent by ...

Nevada Revised Statutes Section 696B.460

Time to file claims.

1. If upon the entry of an order of liquidation under this chapter or at any time thereafter during liquidation proceedings the insurer is not ...

Nevada Revised Statutes Section 696B.470

Report and petition for assessment. Within 3 years after the date of the entry of an order of rehabilitation or liquidation of a domestic mutual insurer or a domestic reciprocal ...

Nevada Revised Statutes Section 696B.480

Order and levy of assessment.

1. Upon the filing and reading of the report and petition provided for in NRS 696B.470, the court, ex parte, may order the Commissioner ...

Nevada Revised Statutes Section 696B.490

Assessment prima facie correct; notice; payment; proceedings to collect.

1. Any assessment of a subscriber or member of an insurer made by the Commissioner pursuant to the order of ...

Nevada Revised Statutes Section 696B.500

Summary proceedings: Commissioner’s corrective orders authorized.

1. If the Commissioner determines after a hearing that any insurer has committed or engaged in, or is committing or engaging in, or ...

Nevada Revised Statutes Section 696B.510

Summary proceedings: Appeal from Commissioner’s order.

1. If the Commissioner has issued a summary order before hearing as provided in subsection 2 of NRS 696B.500, any person upon whom ...

Nevada Revised Statutes Section 696B.520

Summary proceedings: Enforcement; penalty.

1. The Commissioner may apply for and any district court may grant such restraining orders, temporary and permanent injunctions and other orders as may be ...

Nevada Revised Statutes Section 696B.530

Summary proceedings: Seizure under court order.

1. Upon filing by the Commissioner in any district court of this state of his verified petition alleging any ground for a formal ...

Nevada Revised Statutes Section 696B.540

Summary proceedings: Seizure under Commissioner’s order.

1. If it appears to the Commissioner that the interests of policyholders, creditors or the public will be jeopardized by delay incident to ...

Nevada Revised Statutes Section 696B.550

Summary proceedings: Conduct of administrative and judicial hearings.

1. The Commissioner shall hold all hearings in summary proceedings privately unless the insurer requests a public hearing, in which case ...

Nevada Revised Statutes Section 696B.560

Summary proceedings: Penalty for refusal to deliver property and records. Any person having possession or custody of and refusing to deliver to the Commissioner or his representative upon request any ...

Nevada Revised Statutes Section 696B.565

Officers, agents, employees and attorneys of Division: Immunity from liability; indemnification.

1. The Commissioner, as receiver, all present and former deputy receivers, special deputy receivers and their employees, and ...

Nevada Revised Statutes Section 696B.570

Federal receivership.

1. If the Commissioner believes that rehabilitation or liquidation of a domestic insurer or alien insurer domiciled in this state upon grounds for such rehabilitation or liquidation ...

Nevada Revised Statutes Section 697.020

Definitions. As used in this Code, unless the context otherwise requires, the words and terms defined in NRS 697.030 to 697.070, inclusive, have the meanings ascribed to them in those ...

Nevada Revised Statutes Section 697.030

“Bail” defined. “Bail” means a deposit made with a court or other governmental agency to secure or continue the release from custody and to guarantee the appearance of the defendant ...

Nevada Revised Statutes Section 697.040

“Bail agent” defined. “Bail agent” means any individual appointed by an authorized surety insurer by power of attorney to execute or countersign undertakings of bail in connection with judicial proceedings ...

Nevada Revised Statutes Section 697.055

“Bail enforcement agent” defined. “Bail enforcement agent” means a person who has contracted with or is employed by a surety or bail agent as a special agent to enforce the ...

Nevada Revised Statutes Section 697.060

“Bail solicitor” defined. “Bail solicitor” means a person employed by a bail agent to solicit bail transactions as a representative of the bail agent. ...

Nevada Revised Statutes Section 697.070

“General agent” defined.

1. “General agent” means any individual or person appointed by an insurer to supervise or manage the bail bond business written by bail agents of such ...

Nevada Revised Statutes Section 697.090

License required; administrative fine; general restrictions on licensing.

1. A person in this state shall not act in the capacity of a bail agent, bail enforcement agent or ...

Nevada Revised Statutes Section 697.100

Licensing of natural persons and corporations.

1. Except as otherwise provided in this section, no license may be issued:

(a) Except in compliance with this chapter.

(b) ...

Nevada Revised Statutes Section 697.120

Exemptions. This chapter does not:

1. Prevent a producer of insurance from writing bail bonds for any insurer authorized to write surety for which he is an appointed agent, ...

Nevada Revised Statutes Section 697.130

Forms for licensing and appointments. The Commissioner shall prescribe and furnish all forms in connection with licensing and appointments required under this chapter. ...

Nevada Revised Statutes Section 697.150

Bail agent: Qualifications.

1. Except as otherwise provided in subsection 2, a person is entitled to receive, renew or hold a license as a bail agent if he:

Nevada Revised Statutes Section 697.170

Bail solicitor: Qualifications.

1. Except as otherwise provided in subsection 2, a person is entitled to receive, renew or hold a license as a bail solicitor if he:

Nevada Revised Statutes Section 697.173

Bail enforcement agent: Qualifications.

1. Except as otherwise provided in subsection 2, a person is entitled to receive, renew or hold a license as a bail enforcement agent if ...

Nevada Revised Statutes Section 697.177

Basic course of training required for bail enforcement agents; temporary license.

1. Except as otherwise provided in this section, an applicant for a license as a bail enforcement agent ...

Nevada Revised Statutes Section 697.180

Application for license as bail agent, general agent, bail enforcement agent or bail solicitor. [Effective until the date of the repeal of the federal law requiring each state to establish ...

Nevada Revised Statutes Section 697.180

Application for license as bail agent, general agent, bail enforcement agent or bail solicitor. [Effective on the date of the repeal of the federal law requiring each state to establish ...

Nevada Revised Statutes Section 697.181

Payment of child support: Statement by applicant for license; grounds for denial of license; duty of Commissioner. [Expires by limitation on the date of the repeal of the federal law ...

Nevada Revised Statutes Section 697.182

Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license. [Expires by limitation on the date of the repeal of the ...

Nevada Revised Statutes Section 697.183

Application for license as bail agent. An application for a license as a bail agent must be accompanied by:

1. Proof of the completion of a 6-hour course of ...

Nevada Revised Statutes Section 697.184

Application for license as general agent.

1. An application for a license as a general agent must be accompanied by:

(a) Proof of the completion of a 6-hour ...

Nevada Revised Statutes Section 697.185

Application for license as bail solicitor. An application for a license as a bail solicitor must be accompanied by:

1. Proof of the completion of a 6-hour course of ...

Nevada Revised Statutes Section 697.186

Application for license as bail enforcement agent. An application for a license as a bail enforcement agent must be accompanied by:

1. Proof of compliance with the requirements set ...

Nevada Revised Statutes Section 697.188

Renewal of license as general agent, bail agent or bail solicitor. A person who is licensed as a general agent, bail agent or bail solicitor on October 1, 1997, is ...

Nevada Revised Statutes Section 697.190

Bonds.

1. Each applicant for a license as a bail agent, bail solicitor or general agent must file with the application, and thereafter maintain in force while so licensed, ...

Nevada Revised Statutes Section 697.200

Examination for license as bail agent, bail enforcement agent or bail solicitor.

1. Any natural person who intends to apply for a license as a bail agent, bail ...

Nevada Revised Statutes Section 697.205

Exemption from examination: Relicensing within 6 months after lapse of license. A bail agent, bail enforcement agent or bail solicitor whose license lapses is exempt from retaking the examination otherwise ...

Nevada Revised Statutes Section 697.210

Issuance of license; notice of refusal to issue license; fees not refundable.

1. If the Commissioner finds that the application is complete, that the applicant has passed all required ...

Nevada Revised Statutes Section 697.220

Contents of license.

1. A license must state the name and address of the licensee, the date of issue, general conditions relative to expiration or termination, and such ...

Nevada Revised Statutes Section 697.230

Expiration and renewal of license. [Effective until the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational ...

Nevada Revised Statutes Section 697.230

Expiration and renewal of license. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational ...

Nevada Revised Statutes Section 697.240

Appointment of bail agents.

1. Each insurer appointing a bail agent shall file with the Commissioner a written appointment and pay the applicable fee for the appointment.

2. ...

Nevada Revised Statutes Section 697.250

Termination of appointment.

1. An insurer may terminate an appointment at any time. The insurer shall promptly give written notice of termination and the effective date thereof to ...

Nevada Revised Statutes Section 697.260

Bail solicitors: Special requirements.

1. A bail solicitor shall not concurrently be employed or licensed as to more than one bail agent.

2. The bail agent is responsible ...

Nevada Revised Statutes Section 697.270

Registration of bail agents. A bail agent shall not act as an attorney-in-fact for an insurer on an undertaking unless he has registered in the office of the sheriff and ...

Nevada Revised Statutes Section 697.280

Bail agent: Place of business; display of licenses and fees charged; retention of records at place of business.

1. Every bail agent shall have and maintain in this ...

Nevada Revised Statutes Section 697.290

Records of bail agent. Every bail agent must maintain in his office such records of bail bonds, and such additional information as the Commissioner may reasonably require, executed or countersigned ...

Nevada Revised Statutes Section 697.300

Collections and charges permitted.

1. A bail agent shall not, in any bail transaction or in connection therewith, directly or indirectly, charge or collect money or other valuable consideration ...

Nevada Revised Statutes Section 697.310

Prohibited charges. Except to the extent permitted by paragraphs (c) and (d) of subsection 1 and subsection 2 of NRS 697.300, a licensee shall not make any charge for his ...

Nevada Revised Statutes Section 697.320

Collateral; limitations on transfer of collateral; fiduciary capacity; requirements for receiving title to real property as collateral; written receipt for collateral.

1. A bail agent may accept collateral security ...

Nevada Revised Statutes Section 697.325

Notice to local law enforcement agency when defendant apprehended; notice to local law enforcement agency before forcible entrance of inhabited dwelling; penalty.

1. After apprehending a defendant in this ...

Nevada Revised Statutes Section 697.330

Surrender of defendant to custody; return of premiums. If a bail agent or bail solicitor, without good cause, surrenders a defendant to custody before the time specified in the undertaking ...

Nevada Revised Statutes Section 697.340

Prohibited acts; persons who may not be bail agents, bail enforcement agents or bail solicitors.

1. A bail agent, general agent or bail solicitor shall not:

...

Nevada Revised Statutes Section 697.350

Justification of suretyship. A bail agent shall justify his suretyship by attaching a copy of the power of attorney issued to him by the surety insurer to each bond. ...

Nevada Revised Statutes Section 697.360

Applicability of other provisions. Licensed bail agents, bail solicitors and bail enforcement agents, and general agents are also subject to the following provisions of this Code, to the extent reasonably ...

Nevada Revised Statutes Section 697.370

Penalties.

1. The Commissioner may inform the appropriate district attorney of any violation of any provision of this chapter.

2. In addition to any other penalty provided in ...



Last modified: March 1, 2006