Insurer to provide monthly record to Department; contents and form of record; Department to notify Commissioner of Insurance of noncompliance or provision of false, incomplete or misleading information.
1. On or before the 15th calendar day of each month, each insurer that has executed a contract of insurance for a motor vehicle liability policy which may be used to meet the requirements of NRS 485.185 shall provide the Department with a record of each such policy issued, amended or terminated in the previous month on the date the record is provided. The record must include:
(a) The name or identification number of each insured named in the policy of insurance;
(b) The make, year and vehicle identification number of each motor vehicle included in the policy of insurance;
(c) The number, effective date and expiration date of the policy of insurance; and
(d) Any other information required by the Department.
2. The record provided pursuant to subsection 1 must be submitted in a form approved by the Department and may include, without limitation, magnetic tape or any other electronic medium deemed acceptable by the Department.
3. The Department shall notify the Commissioner of Insurance if an insurer:
(a) Fails to comply with subsection 1 or 2; or
(b) In complying with subsection 1 or 2, provides to the Department information that is false, incomplete or misleading.
Last modified: February 25, 2006