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 to report as required by NRS 683A.331 or is found by a court of competent jurisdiction to have reported with actual malice is subject to the suspension or revocation of its license, after notice and hearing, and may be further punished by a fine under NRS 679A.180.
Last modified: February 27, 2006