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Nevada Revised Statutes - InsuranceLegal Research Home > Nevada Lawyer > Insurance > 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 |