Nev. Rev. Stat. § 684B.130 — NV Code / Title 57 / Chapter 684B / Section 684B.130
Duration of suspension
Status: in_force

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.
Nev. Rev. Stat. § 695A.550 — NV Code / Title 57 / Chapter 695A / Section 695A.550
Exemption of societies from certain taxes
Status: in_force

Every society organized or licensed under this chapter is hereby declared to be a charitable and benevolent institution, and is exempt from every state, county, district, municipal and school tax other than the commerce tax imposed pursuant to chapter 363C of NRS and taxes on real property and office equipment.
Nev. Rev. Stat. § 695D.104 — NV Code / Title 57 / Chapter 695D / Section 695D.104
Summary of coverage: Copy required to be provided to group policyholder before issuance of policy; organization prohibited from offering plan unless disclosure approved by Commissioner
Status: in_force

An organization for dental care shall provide to the group policyholder to whom it offers a plan for dental care a copy of the disclosure approved for that plan pursuant to NRS 695D.102 before the policy is issued. An organization for dental care shall not offer a plan for dental care unless the disclosure for that plan has been approved by the Commissioner.
Nev. Rev. Stat. § 692C.485 — NV Code / Title 57 / Chapter 692C / 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
Status: in_force

1. A director or officer of an insurance holding company system who knowingly violates, or knowingly participates in or assents to a violation of, NRS 692C.350 , 692C.3548 , 692C.360 , 692C.363 or 692C.390 , or who knowingly allows any officer or agent of the insurance holding company to engage in a transaction in violation of NRS 692C.360 or 692C.363 or to pay a dividend or make an extraordinary distribution in violation of NRS 692C.390 shall pay, after receiving notice and a hearing before the Commissioner, a fine of not more than $10,000 for each violation. In determining the amount of the fine, the Commissioner shall consider the appropriateness of the fine in relation to: (a) The gravity of the violation; (b) The history of any previous violations committed by the director or officer; and (c) Any other matters as justice may require.

2. Whenever it appears to the Commissioner that an insurer or any director, officer, employee or agent of the insurer has engaged in a transaction or entered into a contract to which the provisions of NRS 692C.363 apply and for which the insurer has not obtained the Commissioner's approval, the Commissioner may order the insurer to cease and desist immediately from engaging in any further activity relating to the transaction or contract. In addition to issuing such an order, the Commissioner may order the insurer to rescind the contract and return each party to the contract to the position the party was in before the execution of the contract if the issuing of the order is in the best interest of: (a) The policyholders or creditors of the insurer; or (b) The members of the general public.
Nev. Rev. Stat. § 690A.050 — NV Code / Title 57 / Chapter 690A / Section 690A.050
Amounts of credit accident and health insurance or credit unemployment insurance
Status: in_force

1. Except as otherwise provided in subsection 2, the total amount of periodic indemnity payable pursuant to a policy of credit accident and health insurance or credit unemployment insurance in the event of disability or unemployment, as defined in the policy, must not exceed the aggregate of the periodic scheduled unpaid installments of the gross debt, and the amount of each periodic indemnity payment must not exceed the original gross debt divided by the number of periodic installments.

2. For credit accident and health insurance or credit unemployment insurance written in connection with an open-end credit agreement, the amount of insurance must not exceed the gross debt which would accrue on that amount using the periodic indemnity. Subject to any policy maximum, the periodic indemnity must not be less than the minimum repayment schedule of the creditor.
Nev. Rev. Stat. § 695A.003 — NV Code / Title 57 / Chapter 695A / Section 695A.003
“Benefit contract” defined
Status: in_force

“Benefit contract” means an agreement for the provision of any contractual benefit authorized by NRS 695A.180 .
Nev. Rev. Stat. § 695C.1731 — NV Code / Title 57 / Chapter 695C / Section 695C.1731
Required provision in plan covering treatment of colorectal cancer concerning coverage for colorectal cancer screening
Status: in_force

1. A health care plan issued by a health maintenance organization that provides coverage for the treatment of colorectal cancer must provide coverage for colorectal cancer screening in accordance with: (a) The guidelines concerning colorectal cancer screening which are published by the American Cancer Society; or (b) Other guidelines or reports concerning colorectal cancer screening which are published by nationally recognized professional organizations and which include current or prevailing supporting scientific data.

2. An evidence of coverage for a health care plan subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after October 1, 2003, has the legal effect of including the coverage required by this section, and any provision of the evidence of coverage that conflicts with the provisions of this section is void.
Nev. Rev. Stat. § 679B.600 — NV Code / Title 57 / Chapter 679B / Section 679B.600
Definitions
Status: in_force

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 in those sections.
Nev. Rev. Stat. § 696A.300 — NV Code / Title 57 / Chapter 696A / Section 696A.300
License: Term; renewal; fees
Status: in_force

<See notes for changes to this section effective under certain conditions. >

1. Each license for a club agent issued or renewed under this chapter continues in force for 3 years unless it is suspended, revoked or otherwise terminated. A license may be renewed upon submission of the statement required pursuant to NRS 696A.303 and payment to the Commissioner of all applicable fees for renewal. The statement must be submitted and the fees must be paid on or before the renewal date for the license.

2. Any license not so renewed expires on the renewal date. The Commissioner may accept a request for renewal received by the Commissioner within 30 days after the expiration of the license if the request is accompanied by the statement required pursuant to NRS 696A.303 , a fee for renewal of 150 percent of all applicable fees otherwise required, except for any fee required pursuant to NRS 680C.110 .

3. In addition to all applicable fees required pursuant to NRS 680C.110 to be deposited in the Fund for Insurance Administration and Enforcement created by NRS 680C.100 , the Commissioner shall collect in advance and deposit with the State Treasurer for credit to the State General Fund the fees specified in NRS 680B.010 for licensure as a club agent.

4. As used in this section, “ renewal date ” means: (a) For the first renewal of the license, the last day of the month which is 3 years after the month in which the Commissioner originally issued the license. (b) For each renewal after the first renewal of the license, the last day of the month which is 3 years after the month in which the license was last due to be renewed.
Nev. Rev. Stat. § 691E.030 — NV Code / Title 57 / Chapter 691E / Section 691E.030
“Blanket travel insurance” defined
Status: in_force

“ Blanket travel insurance ” means a policy of group travel insurance issued to an eligible group that provides coverage for all members of the eligible group or for specific classes within the eligible group defined in the policy with coverage provided to all members of the eligible group or specific class without a separate charge to any individual member of the eligible group or specific class.
Nev. Rev. Stat. § 687B.770 — NV Code / Title 57 / Chapter 687B / Section 687B.770
Assignment or delegation of rights and responsibilities without prior written consent prohibited
Status: in_force

Each contract entered into for the purposes of a network plan between a participating provider of health care and the health carrier must prohibit the health carrier and the participating provider of health care from assigning or delegating the rights and responsibilities of either party under the contract without the prior written consent of the other party.
Nev. Rev. Stat. § 681A.150 — NV Code / Title 57 / Chapter 681A / Section 681A.150
Requirements for taking certain credit
Status: in_force

1. 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 or reinsurance in this state pursuant to the requirements of NRS 681A.110 , 681A.155 to 681A.190 , inclusive, 681A.211 to 681A.217 , inclusive, or 681A.220 . If the reinsurer is authorized pursuant to NRS 681A.180 or 681A.190 , the requirements of NRS 681A.200 must also be met. If the reinsurer is authorized pursuant to NRS 681A.170 , 681A.180 or 681A.190 , the requirements of NRS 681A.210 must also be met.

2. Credit shall be allowed for the cases of authorization pursuant to NRS 681A.110 to 681A.160 , inclusive, or 681A.170 only with respect to cessions of those kinds or classes of business for which the assuming insurer is licensed or otherwise permitted to write or assume in its state of domicile or, in the case of a United States branch of an alien assuming insurer, in the state through which it is entered and licensed to transact insurance or reinsurance.
Nev. Rev. Stat. § 695A.188 — NV Code / Title 57 / Chapter 695A / Section 695A.188
Approval or denial of claim; interest on unpaid claim; request for additional information; payment of claim; costs and attorney's fees
Status: in_force

1. Except as otherwise provided in subsection 2 and NRS 439B.754 , a society shall approve or deny a claim relating to a certificate of health insurance within 30 days after the society receives the claim. If the claim is approved, the society shall pay the claim within 30 days after it is approved. If the approved claim is not paid within that period, the society shall pay interest on the claim at the rate of interest established pursuant to NRS 99.040 unless a different rate of interest is established pursuant to an express written contract between the society and the provider of health care. The interest must be calculated from 30 days after the date on which the claim is approved until the claim is paid.

2. If the society requires additional information to determine whether to approve or deny the claim, it shall notify the claimant of its request for the additional information within 20 days after it receives the claim. The society shall notify the provider of health care of all the specific reasons for the delay in approving or denying the claim. The society shall approve or deny the claim within 30 days after receiving the additional information. If the claim is approved, the society shall pay the claim within 30 days after it receives the additional information. If the approved claim is not paid within that period, the society shall pay interest on the claim in the manner prescribed in subsection 1.

3. A society shall not request a claimant to resubmit information that the claimant has already provided to the society, unless the society provides a legitimate reason for the request and the purpose of the request is not to delay the payment of the claim, harass the claimant or discourage the filing of claims.

4. A society shall not pay only part of a claim that has been approved and is fully payable.

5. A court shall award costs and reasonable attorney's fees to the prevailing party in an action brought pursuant to this section.
Nev. Rev. Stat. § 683C.110 — NV Code / Title 57 / Chapter 683C / Section 683C.110
Nonresident licensees: Service of process; promise to appear
Status: in_force

1. A nonresident who is licensed by this state as an insurance consultant shall appoint the Commissioner, in writing, as his or her attorney upon whom may be served all legal process issued in connection with any action or proceeding brought or pending in this state against or involving the nonresident licensee and relating to transactions under his or her Nevada license. The appointment is irrevocable and remains in force so long as such an action or proceeding exists or may arise. Duplicate copies of process must be served upon the Commissioner, or other person in apparent charge of the Division during the Commissioner’s absence, accompanied by payment of the fee for service of process. Promptly after any such service, the Commissioner shall forward a copy of the process by certified mail, return receipt requested, to the nonresident licensee at his or her business address of most recent record with the Division. Process so served and the copy so forwarded constitutes personal service upon the licensee for all purposes.

2. Each such nonresident licensee shall also file with the Commissioner a written promise to appear before the Commissioner pursuant to notice of hearing, order to show cause, or subpoena issued by the Commissioner and sent by certified mail to the licensee at his or her business address of most recent record with the Division, and that if the nonresident licensee fails to appear, the nonresident licensee thereby consents to any subsequent suspension, revocation or refusal to renew his or her license.
Nev. Rev. Stat. § 693A.040 — NV Code / Title 57 / Chapter 693A / Section 693A.040
Principal offices
Status: in_force

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. The Commissioner for good cause shown may permit an insurer to have and maintain such office or place of business in another state if found by the Commissioner to be in the best interests of the insurer and its policyholders and reasonably convenient to the Commissioner in his or her supervision of the insurer, all subject to such reasonable terms and conditions as the Commissioner shall, by order granting such permission, establish.
Nev. Rev. Stat. § 696B.010 — NV Code / Title 57 / Chapter 696B / Section 696B.010
Short title
Status: in_force

This chapter constitutes and may be cited as the Insurers Conservation, Rehabilitation and Liquidation Law.
Nev. Rev. Stat. § 692C.370 — NV Code / Title 57 / Chapter 692C / Section 692C.370
Adequacy of surplus
Status: in_force

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 adequate to its financial needs, the following factors among others must be considered:

1. The size of the insurer as measured by its assets, capital and surplus, reserves, premium writings, operating results, insurance in force and other appropriate criteria.

2. The extent to which the insurer's business is diversified among the several lines of insurance.

3. The number and size of risks insured in each line of business.

4. The extent of the geographical dispersion of the insurer's insured risks.

5. The nature and extent of the insurer's reinsurance program.

6. The quality, diversification and liquidity of the insurer's investment portfolio.

7. The recent past and projected future trend in the size of the insurer's surplus as regards policyholders.

8. The surplus as regards policyholders maintained by other comparable insurers.

9. The adequacy of the insurer's reserves.

10. The quality and liquidity of investments in affiliates or subsidiaries made pursuant to NRS 692C.180 to 692C.250 , inclusive. The Commissioner may treat any such investment as a disallowed asset for purposes of determining the adequacy of surplus as regards policyholders whenever in the judgment of the Commissioner such investment so warrants.

11. The quality of the insurer's earnings and the extent to which the reported earnings of the insurer include extraordinary items. As used in this subsection, the term “ extraordinary item ” means a nonrecurring occurrence or event.
Nev. Rev. Stat. § 693B.070 — NV Code / Title 57 / Chapter 693B / Section 693B.070
Commissioner required to be notified of meetings of emergency board of directors
Status: in_force

As soon as practicable after each meeting of an emergency board of directors, the person who presided thereat shall notify the Commissioner in writing of the time and place of such meeting, of the manner in which notice thereof was given, of the persons present, and of all actions taken at such meeting.
Nev. Rev. Stat. § 695D.090 — NV Code / Title 57 / Chapter 695D / Section 695D.090
Applicability of title to organizations for dental care; applicability of chapter
Status: in_force

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 for dental care. This exemption does not apply to any insurer authorized pursuant to any other provision of this title except with respect to those activities authorized and regulated by this chapter.

2. The provisions of this chapter do not apply to: (a) Any person, corporation or organization which must be authorized by the Commissioner to transact the business of insurance pursuant to chapter 680A, 695B or 695C of NRS . (b) Any plan established to provide health and welfare benefits to employees pursuant to a collective bargaining agreement.
Nev. Rev. Stat. § 684A.033 — NV Code / Title 57 / Chapter 684A / Section 684A.033
“Uniform Business Entity Application” defined
Status: in_force

“ Uniform Business Entity Application ” means the current version of the Uniform Application for Business Entity License/Registration for resident and nonresident business entities published by the National Association of Insurance Commissioners.
Nev. Rev. Stat. § 693A.290 — NV Code / Title 57 / Chapter 693A / Section 693A.290
Mutualization of stock insurer
Status: in_force

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 Commissioner after a hearing thereon.

2. The Commissioner shall not approve any such plan, procedure or mutualization unless: (a) It is equitable to stockholders and policyholders; (b) It is subject to approval by the holders of not less than two-thirds of the insurer's outstanding capital stock having voting rights, and by not less than two-thirds of the insurer's policyholders who vote on the plan in person, by proxy or by mail pursuant to such notice and procedure as may be approved by the Commissioner; (c) If a life insurer, the right to vote thereon is limited to holders of policies other than term or group policies, whose policies have been in force for more than 1 year; (d) Mutualization will result in retirement of shares of the insurer's capital stock at a price not in excess of the fair market value thereof as determined under a fair and reasonable formula approved by the Commissioner or, if so ordered, by an examination of the insurer and all of its controlled affiliates or by an appraisal committee, consisting of at least three qualified persons, to be appointed by the Commissioner; (e) The plan provides for the purchase of the shares of any nonconsenting stockholder in the same manner and subject to the same applicable conditions as provided by the general corporation law of the state as to rights of nonconsenting stockholders, with respect to consolidation or merger of private corporations; (f) The plan provides for definite conditions to be fulfilled by a designated early date upon which such mutualization will become effective; and (g) The mutualization leaves the insurer with a surplus reasonably adequate for the security of its policyholders and to enable it to continue successfully in business in the states in which it is then authorized to transact insurance, and for the kinds of insurance included in its certificates of authority in such states.

3. No director, officer, agent or employee of the insurer, or any other person, may receive any fee, commission or other valuable consideration whatsoever, other than his or her customary salary or other regular compensation, for in any manner aiding, promoting or assisting in the mutualization, except as set forth in the plan of mutualization as approved by the Commissioner.

4. This section does not apply to mutualization under an order of court pursuant to rehabilitation or reorganization of an insurer under chapter 696B of NRS .
Nev. Rev. Stat. § 682A.464 — NV Code / Title 57 / Chapter 682A / Section 682A.464
Limited exemption from certain restrictions on investments
Status: in_force

1. In addition to the authority provided in NRS 682A.462 , an insurer may acquire in accordance with this section an investment of any kind, or engage in investment practices described in NRS 682A.438 that are not specifically prohibited by the provisions of this chapter, without regard to the categories, conditions, standards or other limitations of NRS 682A.402 to 682A.448 , inclusive, if, as a result of and after giving effect to the transaction, the aggregate amount of investments held would not exceed the lesser of: (a) Ten percent of its admitted assets; or (b) Seventy-five percent of its capital and surplus.

2. An insurer shall not acquire any investment or engage in any investment practice in accordance with this section if, as a result of and after giving effect to the transaction, the aggregate amount of all investments in any one person held by the insurer would exceed 3 percent of its admitted assets.
Nev. Rev. Stat. § 687B.402 — NV Code / Title 57 / Chapter 687B / Section 687B.402
Compliance of certain insurers or organizations providing health coverage with certain federal laws regarding genetic information
Status: in_force

An insurer or other organization providing health coverage pursuant to chapter 689A, 689B, 689C, 695A, 695B, 695C, 695D or 695F of NRS shall comply with the provisions of the Genetic Information Nondiscrimination Act of 2008, 1 Public Law 110-233 , and any federal regulations issued pursuant thereto.

1 42 U.S.C.A. § 2000ff et seq.
Nev. Rev. Stat. § 685A.200 — NV Code / Title 57 / Chapter 685A / Section 685A.200
Suit against unauthorized insurers; venue; process
Status: in_force

1. An unauthorized insurer effecting insurance under the provisions of the Nonadmitted Insurance Law shall be deemed to be transacting insurance in this state as an unlicensed insurer and may be sued in a district court of this state upon any cause of action arising against it in this state under any insurance contract entered into by it under this chapter.

2. Service of process against an unauthorized insurer affecting insurance under the provisions of this chapter must be made in accordance with NRS 680A.260 . If no person is designated to receive process in the policy, the Division shall in like manner forward a copy of the process to the broker through whom the insurance was procured, or to the insurer at its principal place of business, addressed to the address of the broker or insurer, as the case may be, last of record with the Division. Upon service of process upon the Commissioner and the Division's forwarding of such service of process in accordance with this subsection, the court shall be deemed to have jurisdiction in personam of the unauthorized insurer.

3. The defendant unauthorized insurer has 40 days from the date of service of the summons and complaint upon the Commissioner within which to plead, answer or defend any such suit.

4. An unauthorized insurer entering into an insurance contract under the provisions of this chapter shall be deemed thereby to have authorized service of process against it in the manner and to the effect provided in this section. Any such contract, if issued, must contain a provision stating the substance of this section and designating the person to whom the Division shall forward process as provided in subsection 2.

5. For the purposes of this section, “ process ” includes only a summons or the initial documents served in an action. The Commissioner or an authorized representative of the Commissioner is not required to serve any documents after the initial service of process.
Nev. Rev. Stat. § 682A.466 — NV Code / Title 57 / Chapter 682A / Section 682A.466
Additional exemption from certain investment limitations with approval of Commissioner
Status: in_force

In addition to the investments acquired as described in NRS 682A.462 and 682A.464 , an insurer may acquire in accordance with this section an investment of any kind, or engage in investment practices described in NRS 682A.438 , that are not specifically prohibited by the provisions of this chapter, without regard to any limitations of NRS 682A.402 to 682A.448 , inclusive, if:

1. The Commissioner grants prior approval;

2. The insurer demonstrates that its investments are being made in a prudent manner and that the additional amounts will be invested in a prudent manner; and

3. As a result of and after giving effect to the transaction the aggregate amount of investments held by the insurer is not greater than: (a) Twenty-five percent of its capital and surplus; or (b) One hundred percent of capital and surplus less 10 percent of its admitted assets.
Nev. Rev. Stat. § 695I.300 — NV Code / Title 57 / Chapter 695I / Section 695I.300
Membership of Board
Status: in_force

1. The governing authority of the Exchange is the Board, consisting of seven voting members and three ex officio nonvoting members.

2. Subject to the provisions of subsections 3 to 6, inclusive: (a) The Governor shall appoint five voting members of the Board; (b) The Senate Majority Leader shall appoint one voting member of the Board; and (c) The Speaker of the Assembly shall appoint one voting member of the Board.

3. Each voting member of the Board must have: (a) Expertise in the sale or marketing of individual or small employer health insurance; (b) Expertise in health care administration, health care financing, health information technology or health insurance; (c) Expertise in the administration of health care delivery systems; (d) Experience as a consumer who would benefit from services provided by the Exchange; or (e) Experience as a consumer advocate, including, without limitation, experience in consumer outreach and education for those who would benefit from services provided by the Exchange.

4. When making an appointment pursuant to subsection 2, the Governor, the Majority Leader and the Speaker of the Assembly shall consider the collective expertise and experience of the voting members of the Board and shall attempt to make each appointment so that: (a) The areas of expertise and experience described in subsection 3 are collectively represented by the voting members of the Board; and (b) The voting members of the Board represent a range and diversity of skills, knowledge, experience and geographic and stakeholder perspectives.

5. When making an appointment pursuant to subsection 2, the Governor, the Majority Leader and the Speaker of the Assembly shall, as vacancies on the Board occur, ensure that not more than two voting members of the Board represent any particular area of expertise or experience described in paragraph (a), (b), (c), (d) or (e) of subsection 3.

6. A voting member of the Board may not be a Legislator or hold any elective office in State Government.

7. The following are ex officio nonvoting members of the Board who shall assist the voting members of the Board by providing advice and expertise: (a) The Director of the Department of Health and Human Services, or his or her designee; (b) The Director of the Department of Business and Industry, or his or her designee; and (c) The Director of the Office of Finance, or his or her designee.
Nev. Rev. Stat. § 692A.1039 — NV Code / Title 57 / Chapter 692A / Section 692A.1039
License: Required; application; fee; issuance; period of validity; renewal; suspension or revocation; exception
Status: in_force

1. No person may engage in business as a title plant company unless the person has been granted a license to do so by the Commissioner.

2. An applicant for a license to conduct business as a title plant company shall submit as part of his or her application: (a) A copy of the proposed articles of incorporation or association and bylaws, or the partnership agreement, which will govern the operation of the business. (b) A list of the owners or participants and the nature and degree of their interest. (c) A list of the persons who will operate the business, and their addresses and qualifications, including experience. (d) The conditions under which ownership or participation in the business may be sold or acquired. (e) A statement of whether or not title information will be compiled for persons other than owners or participants in the business. (f) A pro forma balance sheet and other financial information to indicate the sufficiency of financing of the business. (g) Other information which the Commissioner requires. (h) The fee specified in NRS 680B.010 .

3. If the Commissioner finds that: (a) The business of the applicant will be sufficiently financed; (b) The persons who will be operating the business are qualified; (c) The rules of operation expressed in the articles of incorporation or association and the bylaws, or in the partnership agreement, will promote the efficiency of the operation of the owners or participants; and (d) The operation of the business will not unduly restrict competition, the Commissioner may issue a license to the applicant and permit organization of the business.

4. A license issued under this section is valid for a period of 1 year, and may be renewed by the submission of any information which the Commissioner requires and the fee specified in NRS 680B.010 .

5. A license issued under this section may be suspended or revoked by the Commissioner if: (a) The licensee ceases to operate in a manner set forth in its approved application. (b) In the opinion of the Commissioner, the operation of the business has become a restraint on competition or is not in the best interests of the public. (c) The licensee has not informed the Commissioner promptly of each change in conditions set forth in its application.

6. The Commissioner shall give written notice to any licensee whose license the Commissioner intends to suspend or revoke, and the licensee shall be granted a hearing if the licensee requests it in writing within 15 days after the receipt of the notice from the Commissioner. A decision of the Commissioner after hearing is final administrative action.

7. This section does not apply to any person licensed under the provisions of this chapter engaged in the business of a title plant company when the operation is not in concert with others.
Nev. Rev. Stat. § 696A.050 — NV Code / Title 57 / Chapter 696A / Section 696A.050
“Motor club” defined
Status: in_force

“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 to travel and the operation, use and maintenance of a motor vehicle in the supply of features or services or reimbursement thereof, which may include:

1. Such services as community traffic safety services, travel and touring service, theft or reward service, map service, towing service, buying and selling service, discount service, emergency road service, bail bond service and legal fee reimbursement service in the defense of traffic offenses, none of which enumerated services, if provided by motor club itself, shall be subject to the insurance laws of this state.

2. The purchase of accidental injury and death benefits insurance coverage, as provided by applicable statutes, by an insurer authorized to do business in this state.

3. Other features or services not deemed by the Commissioner to constitute the business of insurance.
Nev. Rev. Stat. § 686B.1755 — NV Code / Title 57 / Chapter 686B / Section 686B.1755
“Expenses” defined
Status: in_force

“ 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, taxes, licenses and fees.
Nev. Rev. Stat. § 695B.310 — NV Code / Title 57 / Chapter 695B / Section 695B.310
Corporation subject to same taxes, licenses, fees and supervision as domestic mutual insurer
Status: in_force

Any nonprofit hospital or medical or dental service corporation subject to the provisions of this chapter shall be subject to the same taxes, licenses, fees and, to the extent not regulated by the provisions of this chapter, the same supervision as a mutual insurer organized under the laws of the State of Nevada.
Nev. Rev. Stat. § 680A.320 — NV Code / Title 57 / Chapter 680A / Section 680A.320
Transaction or agreement with parent corporation, financial holding company, depository institution, subsidiary or affiliated person: Prohibitions; duty and obligation of insurer
Status: in_force

1. For the purposes of this section: (a) An “affiliated person” is a person controlled by any combination of the insurer, the parent corporation, a subsidiary or the principal stockholders or officers or directors of any of the foregoing. (b) “ Depository institution ” has the meaning ascribed to it in section 3 of the Federal Deposit Insurance Act, 12 U.S.C. § 1813(c)(1) . (c) “ Financial holding company ” means a bank holding company that satisfies the requirements of section 4(l)(1) of the Bank Holding Company Act of 1956, 12 U.S.C. § 1841(l)(1) . (d) “ Health facility ” has the meaning ascribed to it in NRS 439A.015 . (e) A “ subsidiary ” is a person of which either the insurer and the parent corporation or the insurer or the parent corporation holds practical control.

2. No insurer may engage directly or indirectly in any transaction or agreement with its parent corporation, a financial holding company, a depository institution, or any subsidiary or affiliated person which will result or tend to result in: (a) Substitution contrary to the interest of the insurer and through any method of any asset of the insurer with an asset or assets of inferior quality or lower fair market value; (b) Deception as to the true operating results of the insurer; (c) Deception as to the true financial condition of the insurer; (d) Allocation to the insurer of a proportion of the expense of combined facilities or operations which is unfair and unfavorable to the insurer; (e) Unfair or excessive charges against the insurer for services, facilities, supplies or reinsurance; (f) Unfair and inadequate charges by the insurer for reinsurance, services, facilities or supplies furnished by the insurer to others; (g) Payment by the insurer for services, facilities, supplies or reinsurance not reasonably needed by the insurer; (h) Depletion of the insurer's surplus, through payment of dividends or other distribution or withdrawal, below the amount thereof reasonably required for conduct of the insurer's business and maintenance of growth with safety to policyholders; or (i) Payment by the insurer for services or products for which the health facility has charged less than fair market value, unless the reduced charge is reflected in the form of reduced premiums. In determining what constitutes fair market value, consideration must be given to reasonable agreements for the preferential provision of health care, in accordance with regulations adopted by the Commissioner. An insurer which pays less than fair market value for services or products in a transaction which is subject to the provisions of this paragraph shall annually file a certification with the Commissioner that the reduced payment has been reflected in the form of reduced premiums, together with documentation supporting the certification.

3. In all transactions between the insurer and its parent corporation, or involving the insurer and any subsidiary or affiliated person, full recognition must be given to the paramount duty and obligation of the insurer to protect the interests of policyholders, both existing and future.

4. If a health facility is a parent, subsidiary or affiliate of an insurer or of a parent or facility of an insurer, and the insurer purchases medical or any other services or products from the health facility, the health facility may not: (a) Attempt artificially to reduce or increase its margin of profit by altering the charges to the insurer. (b) Alter its true operating results or financial condition through charges to the insurer for services or products. This subsection does not prohibit activities authorized pursuant to paragraph (i) of subsection 2.

5. If a health facility is found, after notice and a hearing, to have violated the provisions of subsection 4, the Commissioner may impose an administrative fine of not more than $5,000 for each violation.
Nev. Rev. Stat. § 682A.367 — NV Code / Title 57 / Chapter 682A / Section 682A.367
Supervision and direction of board; formal resolution of board regarding investments
Status: in_force

Investments acquired and held pursuant to this chapter must be acquired and held under the supervision and direction of the board of directors of the insurer. The board of directors shall evidence by formal resolution, at least annually, that it has determined whether all investments have been made in accordance with delegations, standards, limitations and investment objectives prescribed by the board or a committee of the board charged with the responsibility to direct the insurer's investments.
Nev. Rev. Stat. § 688C.130 — NV Code / Title 57 / Chapter 688C / Section 688C.130
“Viatical settlement” defined
Status: in_force

“ Viatical settlement ” means a written agreement between a viator and a provider of viatical settlements or an affiliate thereof for the payment of money, or anything else of value, which is less than the expected death benefit of a policy, in exchange for the viator's assignment, sale, transfer or devise of the death benefit or ownership of any portion of the policy. The term includes an agreement to transfer ownership or change the beneficiary, in the future, regardless of the date of payment to the viator.
Nev. Rev. Stat. § 695F.140 — NV Code / Title 57 / Chapter 695F / Section 695F.140
Denial of application; hearing
Status: in_force

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 , the Commissioner shall send a written notice to the applicant. The notice must include the reason for the denial of the certificate.

2. The applicant may, within 30 days after it receives the notice, submit to the Commissioner a written request for a hearing on the matter. The Commissioner shall hold a hearing within 30 days after the Commissioner receives the request.

3. The hearing must be held in the manner set forth in NRS 679B.310 to 679B.370 , inclusive. The decision of the Commissioner is a final decision for the purpose of judicial review.
Nev. Rev. Stat. § 689A.0475 — NV Code / Title 57 / Chapter 689A / Section 689A.0475
Acupuncture
Status: in_force

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 pursuant to chapter 634A of NRS .
Nev. Rev. Stat. § 687B.352 — NV Code / Title 57 / Chapter 687B / Section 687B.352
Open enrollment period for Medicare supplemental policies required; prohibited acts; notice; treatment of Medicare supplemental policies purchased during open enrollment period for purposes relating to payment of commissions
Status: in_force

1. An insurer that issues a Medicare supplemental policy shall offer to a person currently insured under any such policy an annual open enrollment period commencing with the first day of the birthday month of the person and remaining open for at least 60 days thereafter, during which the person may purchase any Medicare supplemental policy made available by the insurer in this State that includes the same or lesser benefits. Innovative benefits, as described in 42 U.S.C. § 1395ss(p)(4)(B) , must not be considered when determining whether a Medicare supplemental policy includes the same benefits as or lesser benefits than another such policy.

2. During the open enrollment period offered pursuant to subsection 1, an insurer shall not deny or condition the issuance or effectiveness, or discriminate in the price of coverage, of a Medicare supplemental policy based on the health status, claims experience, receipt of health care or medical condition of a person described in subsection 1.

3. At least 30 days before the beginning of the open enrollment period offered pursuant to subsection 1 but not more than 60 days before the beginning of that period, an insurer that issues a Medicare supplemental policy shall notify each person to whom the open enrollment period applies of: (a) The dates on which the open enrollment period begins and ends and the rights of the person established by the provisions of this section; and (b) Any modification to the benefits provided by the policy under which the person is currently insured or adjustment to the premiums charged for that policy.

4. An insurer or other person or entity shall not vary the commission associated with the purchase of Medicare supplemental policies during the open enrollment period offered pursuant to subsection 1, pay differential commissions associated with the purchase of Medicare supplemental policies during that open enrollment period or otherwise treat Medicare supplemental policies purchased during that open enrollment period differently for the purposes of commission for any reason, including, without limitation: (a) Because the Medicare supplemental policy was purchased during the open enrollment period offered pursuant to subsection 1; (b) Because the Medicare supplemental policy is classified as guaranteed issue under 42 U.S.C. § 1395ss or any other applicable federal or state law or regulations; or (c) Because of the health status, claims experience, receipt of health care or medical condition of the insured.

5. An insurer or other person or entity must treat the purchase of a Medicare supplemental policy during the open enrollment period offered pursuant to subsection 1 in the same manner as the renewal of a Medicare supplemental policy for all purposes relating to the payment of a commission.

6. As used in this section, “ Medicare supplemental policy ” has the meaning ascribed to it in 42 C.F.R. § 403.205 and additionally includes policies offered by public entities that otherwise meet the requirements of that section.
Nev. Rev. Stat. § 686C.360 — NV Code / Title 57 / Chapter 686C / Section 686C.360
Exemption of Association from payment of fees and taxes; exceptions
Status: in_force

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 and the commerce tax imposed pursuant to chapter 363C of NRS .
Nev. Rev. Stat. § 691E.150 — NV Code / Title 57 / Chapter 691E / Section 691E.150
“Travel assistance services” defined
Status: in_force

1. “ Travel assistance services ” means services that are furnished in connection with planned travel, the provision of which does not result in the transfer or shifting of risk that would constitute the business of insurance, and for which the purchaser is not indemnified based on a fortuitous event.

2. The term includes, without limitation, security advisories, destination information, vaccination and immunization information services, travel reservation services, entertainment, activity and event planning, translation assistance, emergency messaging, international legal and medical referrals, medical case monitoring, coordination of transportation arrangements, emergency cash transfer assistance, medical prescription replacement assistance, passport and travel document replacement assistance, lost luggage assistance, concierge services and any other service furnished in connection with planned travel that meets the conditions set forth in subsection 1.
Nev. Rev. Stat. § 686A.280 — NV Code / Title 57 / Chapter 686A / Section 686A.280
Use of name deceptively implying person is insurer prohibited by person who is not insurer
Status: in_force

No person who is not an insurer shall assume or use any name which deceptively implies or suggests that it is an insurer.
Nev. Rev. Stat. § 686B.300 — NV Code / Title 57 / Chapter 686B / Section 686B.300
Conversion into domestic stock insurer: Determination of percentage of stock for each insured
Status: in_force

The association shall determine the percentage of stock to which each insured is entitled as follows:

1. The amount of gain or loss from operations, including an equitable allocation of investment income attributable to operations, is calculated for each of the following groups: (a) Insureds who have not paid a capital stabilization charge; (b) Insureds who have paid this charge for a given policy year; and (c) Insureds who have paid a single charge to cover all policy years of participation in the association.

2. For each calendar year the association has been in operation, the amount of gain or loss from operations, including an equitable allocation of investment income attributable to each group, is divided by the number of insured months in that group.

3. For each group in which an insured participated in any calendar year, the insured’s number of insured months in that group is multiplied by the amount of income per insured month attributable to that group, as determined in subsection 2.

4. For each insured, the results of the calculations performed under subsection 3 for each group in which the insured was a member during a particular calendar year are added.

5. For each insured, the total amount the insured paid in capital stabilization charges is computed.

6. For each insured, the sum of the results of the calculations performed under subsections 4 and 5 are divided by the total surplus of the association as shown in its financial statement for the year preceding its conversion to a domestic stock insurer, to obtain that insured's percentage of ownership of the total stock to be distributed.
Nev. Rev. Stat. § 697.186 — NV Code / Title 57 / Chapter 697 / Section 697.186
Application for license as bail enforcement agent: Additional documentation
Status: in_force

An application for a license as a bail enforcement agent must be accompanied by:

1. Proof of compliance with the requirements set forth in NRS 697.173 .

2. A letter from a local law enforcement agency in the applicant's county of residence which indicates that the applicant: (a) Has not been convicted of a felony in this state or of any offense committed in another state which would be a felony if committed in this state; and (b) Has not been convicted of an offense involving moral turpitude or the unlawful use, sale or possession of a controlled substance.
Nev. Rev. Stat. § 695K.240 — NV Code / Title 57 / Chapter 695K / Section 695K.240
Establishment of networks and reimbursement of providers of health care: Requirements
Status: in_force

<Section effective Jan. 1, 2026.>

1. In establishing networks for the Public Option and reimbursing providers of health care that participate in the Public Option, the Director shall, to the extent practicable: (a) Ensure that care for persons who were previously covered by Medicaid or the Children's Health Insurance Program and enroll in the Public Option is minimally disrupted; (b) Encourage the use of payment models that increase value for persons enrolled in the Public Option and the State; (c) Improve health outcomes for persons enrolled in the Public Option; (d) Reward providers of health care and medical facilities for delivering high-quality services; and (e) Lower the cost of care in both urban and rural areas of this State.

2. Except as otherwise provided in subsections 3 to 6, inclusive, reimbursement rates under the Public Option must be, in the aggregate, comparable to or better than reimbursement rates available under Medicare. For the purposes of this section, the aggregate reimbursement rate under Medicare: (a) Includes any add-on payments or other subsidies that a provider receives under Medicare; and (b) Does not include payments under Medicare for a patient encounter or a cost-based payment rate under Medicare.

3. If a provider of health care currently receives reimbursement under Medicare at rates that are cost-based, the reimbursement rates for that provider of health care under the Public Option must be comparable to or better than the cost-based reimbursement rates provided for that provider of health care by Medicare.

4. The reimbursement rates for a federally-qualified health center or a rural health clinic under the Public Option must be comparable to or better than the reimbursement rates established for patient encounters under the applicable Prospective Payment System established for Medicare by the Centers for Medicare and Medicaid Services of the United States Department of Health and Human Services.

5. The reimbursement rates for a certified community behavioral health clinic under the Public Option must be comparable to or better than the reimbursement rates established for community behavioral health clinics under the State Plan for Medicaid.

6. The requirements of subsections 2 to 5, inclusive, do not apply to a payment model described in paragraph (b) of subsection 1.

7. As used in this section, “ Medicare ” means the program of health insurance for aged persons and persons with disabilities established pursuant to Title XVIII of the Social Security Act, 42 U.S.C. §§ 1395 et seq.
Nev. Rev. Stat. § 686B.1765 — NV Code / Title 57 / Chapter 686B / Section 686B.1765
Powers
Status: in_force

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 reliable source.

3. Prepare and distribute data on prospective loss costs.

4. Prepare and distribute manuals of rules and schedules for rating which do not permit calculating the final rates without using information other than the information in the manual.

5. Distribute any information filed with the Commissioner which is open to public inspection.

6. Conduct research and collect statistics to discover, identify and classify information on the causes and prevention of losses.

7. Prepare and file forms and endorsements for policies and consult with its members, subscribers and any other knowledgeable persons on their use.

8. Collect, compile and distribute information on the past and current premiums charged by individual insurers if the information is available for public inspection.

9. Conduct research and collect information to determine what effect changes in benefits to injured employees pursuant to chapters 616A to 617, inclusive, of NRS will have on prospective loss costs.

10. Prepare and distribute rules and rating values for the Uniform Plan for Rating Experience.

11. Calculate and provide to the insurer the modification of premiums based on the individual employer's losses.

12. Assist an individual insurer to develop rates, supplementary rate information or other supporting information if authorized to do so by the insurer.
Nev. Rev. Stat. § 688A.060 — NV Code / Title 57 / Chapter 688A / Section 688A.060
Grace period
Status: in_force

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 or of 4 weeks in the case of industrial life insurance policies the premiums for which are payable more frequently than monthly shall be allowed within which the payment of any premium after the first may be made, during which period of grace the policy shall continue in full force. The insurer may impose an interest charge not in excess of 6 percent per annum for the number of days of grace elapsing before the payment of the premium, and, whether or not such interest charge is imposed, if a claim arises under the policy during such period of grace the amount of any premium due or overdue, together with interest and any deferred installment of the annual premium, may be deducted from the policy proceeds. Grace shall date from the premium due date specified in the policy.
Nev. Rev. Stat. § 689B.067 — NV Code / Title 57 / Chapter 689B / Section 689B.067
Provision in policy requiring binding arbitration for disputes with insurer authorized; procedure for arbitration; declaratory relief
Status: in_force

1. Except as otherwise provided in NRS 689B.270 and subject to the approval of the Commissioner, a policy of group health insurance may include a provision which requires a member or a dependent of a member of the insured group and the insurer to submit for binding arbitration any dispute between the member or dependent and the insurer concerning any matter directly or indirectly related to, or associated with, the policy. If such a provision is included in the policy: (a) A member and any dependent of the member must be given the opportunity to decline to participate in binding arbitration at the time they elect to be covered by the policy. (b) It must clearly state that the insurer and a member or dependent of a member of the insured group who has not declined to participate in binding arbitration agree to forego their right to resolve any such dispute in a court of law or equity.

2. Except as otherwise provided in subsection 3, the arbitration must be conducted pursuant to the rules for commercial arbitration established by the American Arbitration Association. The insurer is responsible for any administrative fees and expenses relating to the arbitration, except that the insurer is not responsible for attorney's fees and fees for expert witnesses unless those fees are awarded by the arbitrator.

3. If a dispute required to be submitted to binding arbitration requires an immediate resolution to protect the physical health of a member or a dependent of a member, any party to the dispute may waive arbitration and seek declaratory relief in a court of competent jurisdiction.

4. If a provision described in subsection 1 is included in a policy of group health insurance, the provision shall not be deemed unenforceable as an unreasonable contract of adhesion if the provision is included in compliance with the provisions of subsection 1.
Nev. Rev. Stat. § 684A.165 — NV Code / Title 57 / Chapter 684A / Section 684A.165
Standards of conduct
Status: in_force

1. An adjuster shall be honest and fair in all communications with the insured, the insurer and the public.

2. An adjuster shall give policyholders and claimants prompt, knowledgeable service and courteous, fair and objective treatment at all times.

3. An adjuster shall not give legal advice and shall not deal directly with any policyholder or claimant who is represented by legal counsel without the consent of the legal counsel involved.

4. An adjuster shall comply with all local, state and federal privacy and information security laws, if applicable.

5. An adjuster shall identify himself or herself as an adjuster and, if applicable, identify his or her employer when dealing with any policyholder or claimant.

6. An adjuster shall not have any financial interest in any adjustment or acquire for himself or herself or any person any interest or title in salvage without first receiving written authority from the principal.
Nev. Rev. Stat. § 691C.100 — NV Code / Title 57 / Chapter 691C / Section 691C.100
“Debtor” defined
Status: in_force

“ 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.
Nev. Rev. Stat. § 690A.073 — NV Code / Title 57 / Chapter 690A / Section 690A.073
Required disclosures
Status: in_force

1. Before a debtor elects to purchase consumer credit insurance in connection with a credit transaction, the following information must be disclosed to the debtor in writing: (a) That the purchase of consumer credit insurance from the creditor is not mandatory and is not a condition for obtaining credit approval; (b) If more than one type of consumer credit insurance is made available to the debtor, whether the debtor may purchase each separately or only as a package; (c) The conditions of eligibility; (d) That if the debtor has other insurance that covers the risk, the debtor may not want or need consumer credit insurance; (e) That the debtor may cancel the insurance at any time, or if evidence of insurance is required for the extension of credit, upon proof of insurance that is acceptable to the creditor, and obtain a refund of or credit for: (1) If the cancellation is not more than 30 days after the debtor receives the individual policy or certificate of insurance, any premium paid by the debtor; or (2) If the cancellation is more than 30 days after the debtor receives the individual policy or certificate of insurance, any unearned premium paid by the debtor; (f) A brief description of the coverage, including a description of the amount, term, exceptions, limitations and exclusions, the insured event, any waiting or elimination period, any deductible, any applicable waiver of premium, the person who would receive any benefits, and the premium or premium rate for the consumer credit insurance; and (g) If the premium or insurance charge is financed, that it will be subject to finance charges at the rate applicable to the credit transaction.

2. The disclosures required pursuant to subsection 1: (a) If made in connection with consumer credit insurance offered at the same time as the extension of credit or offered through direct mail advertisements, must be made in writing and presented to the customer in a clear and conspicuous manner; or (b) If made in connection with consumer credit insurance offered after the extension of credit other than through direct mail advertisements, may be provided orally or electronically if written disclosures are provided not later than the earlier of: (1) Ten days after the debtor elects to accept the coverage; or (2) The date any other written material is provided to the debtor.
Nev. Rev. Stat. § 686A.135 — NV Code / Title 57 / Chapter 686A / Section 686A.135
Vision care: Prohibited provisions in contract between insurer and provider; insurer required to provide list of reimbursement rates to provider before entering contract; insurer required to disclose in policy pecuniary interest in supplier or provider; prohibited advertisements by insurer related to coverage; provider required to disclose pecuniary interest in supplier; use of in-network source or supplier not prohibited
Status: in_force

1. An insurer shall not enter into a contract with a provider of vision care that: (a) Authorizes the insurer to set or limit the amount that the provider of vision care may charge for vision care that is not reimbursed under the contract; (b) Requires the provider of vision care to use a specific laboratory as the manufacturer of ophthalmic devices or materials provided to covered persons; or (c) Conditions any rate of reimbursement for vision care on the provider of vision care prescribing ophthalmic devices or materials in which the insurer has an ownership or other pecuniary interest or increases the rate of reimbursement if the provider of vision care prescribes such ophthalmic devices or materials.

2. Before entering into a contract with a provider of vision care to include the provider of vision care in the network of an insurer, the insurer must provide to the provider of vision care a list of the rates of reimbursement for each service covered by the contract.

3. An insurer shall disclose in any policy of insurance that covers vision care or any description of benefits covered by such a policy, whether written or electronic, any ownership or other pecuniary interest of the insurer in a supplier of ophthalmic devices or materials or a provider of vision care. The disclosure must appear in a conspicuous and clear manner.

4. An insurer that does not provide reimbursement for specific vision care shall not claim in any advertisement or other material that the insurer covers that vision care if such vision care is available at a discount or with a copayment or coinsurance in an amount that is in addition to the copayment or coinsurance that a covered person is typically required to pay for covered services.

5. A provider of vision care shall disclose in writing to any covered person under a policy of insurance that covers vision care any ownership or other pecuniary interest of the provider of vision care in a supplier of ophthalmic devices or materials, including, without limitation, a general disclosure of any rebates or rewards programs, before the covered person authorizes the provider of vision care to obtain covered eyewear materials from such a supplier or laboratory that is not contracted with the insurer providing the policy of insurance that covers vision care. The disclosure must appear in a conspicuous and clear manner.

6. Nothing in this section shall be construed to prohibit a covered person from using an in-network source or supplier of ophthalmic devices or materials as set forth in the covered person's policy of insurance that covers vision care.

7. As used in this section: (a) “ Provider of vision care ” means a physician who provides vision care or an optometrist. (b) “ Vision care ” means: (1) Routine ophthalmological evaluation of the eye, including refraction. (2) Ophthalmic devices or materials, including, without limitation, lenses, frames, mountings or other specially fabricated ophthalmic devices. The term “vision care” does not include the initiation of treatment or diagnosis pursuant to a program of medical care.
Nev. Rev. Stat. § 692C.294 — NV Code / Title 57 / Chapter 692C / Section 692C.294
Group capital calculation: Exemptions from filing requirements; grounds for termination of exemption
Status: in_force

1. When an insurance holding company system has previously filed the annual group capital calculation at least once, the lead state commissioner has the discretion to exempt the ultimate controlling person from filing the annual group capital calculation if the lead state commissioner makes a determination based upon that filing that the insurance holding company system meets all of the following criteria: (a) Has annual direct written and unaffiliated assumed premiums, including, without limitation, international direct and assumed premiums, but excluding premiums reinsured with the Federal Crop Insurance Corporation and National Flood Insurance Program, of less than $1,000,000,000; (b) Has no insurers within its holding company structure that are domiciled outside of the United States or one of its territories; (c) Has no banking, depository or other financial entity that is subject to an identified regulatory capital framework within its holding company structure; (d) The holding company system attests that there are no material changes in the transactions between insurers and non-insurers in the group that have occurred since the last filing of the annual group capital calculation; and (e) The non-insurers within the holding company system do not pose a material financial risk to the insurer's ability to honor policyholder obligations.

2. When an insurance holding company system has previously filed the annual group capital calculation at least once, the lead state commissioner has the discretion to accept in lieu of the group capital calculation a limited group capital filing if the insurance holding company system has annual direct written and unaffiliated assumed premiums, including, without limitation, international direct and assumed premiums, but excluding premiums reinsured with the Federal Crop Insurance Corporation and National Flood Insurance Program, of less than $1,000,000,000, and the insurance holding company system: (a) Has no insurers within its holding company structure that are domiciled outside of the United States or one of its territories; (b) Does not include a banking, depository or other financial entity that is subject to an identified regulatory capital framework; and (c) Attests that there are no material changes in transactions between insurers and non-insurers in the group that have occurred since the last filing of the report to the lead state commissioner and the non-insurers within the holding company system do not pose a material financial risk to the insurers’ ability to honor policyholder obligations.

3. For an insurance holding company that has previously met an exemption with respect to the group capital calculation pursuant to subsection 1 or 2, the lead state commissioner may require at any time the ultimate controlling person to file an annual group capital calculation, completed in accordance with the NAIC Group Capital Calculation Instructions, if any of the following criteria are met: (a) Any insurer within the insurance holding company system is not in compliance with risk-based capital requirements pursuant to NRS 681B.550 and any regulations adopted pursuant thereto, or a similar standard for a non-United States insurer; (b) Any insurer within the insurance holding company system meets one or more of the standards of an insurer deemed to be in hazardous financial condition pursuant to NRS 680A.205 and any regulations adopted pursuant thereto; or (c) Any insurer within the insurance holding company system otherwise exhibits qualities of a troubled insurer as determined by the lead state commissioner based on unique circumstances including, without limitation, the type and volume of business written, ownership and organizational structure, federal agency requests, and international supervisor requests.
Nev. Rev. Stat. § 695C.010 — NV Code / Title 57 / Chapter 695C / Section 695C.010
Short title
Status: in_force

This chapter may be cited as the Nevada Health Maintenance Organization Act.
Nev. Rev. Stat. § 695A.184 — NV Code / Title 57 / Chapter 695A / Section 695A.184
Benefit contract covering prescription drugs prohibited from limiting or excluding coverage for prescription drug previously approved for medical condition of insured; exception
Status: in_force

1. Except as otherwise provided in this section, a benefit contract which provides coverage for prescription drugs must not limit or exclude coverage for a drug if the drug: (a) Had previously been approved for coverage by the society for a medical condition of an insured and the insured's provider of health care determines, after conducting a reasonable investigation, that none of the drugs which are otherwise currently approved for coverage are medically appropriate for the insured; and (b) Is appropriately prescribed and considered safe and effective for treating the medical condition of the insured.

2. The provisions of subsection 1 do not: (a) Apply to coverage for any drug that is prescribed for a use that is different from the use for which that drug has been approved for marketing by the Food and Drug Administration; (b) Prohibit: (1) The society from charging a deductible, copayment or coinsurance for the provision of benefits for prescription drugs to the insured or from establishing, by contract, limitations on the maximum coverage for prescription drugs; (2) A provider of health care from prescribing another drug covered by the benefit contract that is medically appropriate for the insured; or (3) The substitution of another drug pursuant to NRS 639.23286 or 639.2583 to 639.2597 , inclusive; or (c) Require any coverage for a drug after the term of the benefit contract.

3. Any provision of a benefit contract subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after October 1, 2001, which is in conflict with this section is void.
Nev. Rev. Stat. § 683C.070 — NV Code / Title 57 / Chapter 683C / Section 683C.070
Licensee prohibited from holding other licenses concurrently
Status: in_force

A person licensed pursuant to this chapter may not concurrently hold a license as a producer of insurance or a surplus lines broker's license in any line.
Nev. Rev. Stat. § 682A.402 — NV Code / Title 57 / Chapter 682A / Section 682A.402
Diversification of investments
Status: in_force

1. Except as otherwise specified in this chapter, an insurer shall not acquire, directly or indirectly through an investment subsidiary, an investment in accordance with the provisions of this chapter if, as a result of and after giving effect to the investment, the insurer would hold more than 3 percent of its admitted assets in investments of all kinds issued, assumed, accepted, insured or guaranteed by a single person, or 5 percent of its admitted assets in investments in the voting securities of a depository institution or any company that controls the institution.

2. The limitations in subsection 1 do not apply to the aggregate amounts insured by a single financial guaranty insurer with the highest generic rating issued by a nationally recognized statistical rating organization.

3. Asset-backed securities are not subject to the limitations in subsection 1. However, an insurer shall not acquire an asset-backed security if, as a result of and after giving effect to the investment, the aggregate amount of asset-backed securities secured by, or evidencing an interest in, a single asset or single pool of assets held by a trust or other business entity held by the insurer would exceed 3 percent of its admitted assets.
Nev. Rev. Stat. § 686A.380 — NV Code / Title 57 / Chapter 686A / Section 686A.380
Renewal of license
Status: in_force

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 by the Commissioner and must be accompanied by: (a) A financial statement for the preceding year; and (b) A fee of $500, any penalty imposed pursuant to subsection 2 and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110 .

2. The Commissioner may grant an extension allowing a company to file an application for renewal after March 1 if the company shows that for reasons beyond its control it cannot apply before that date. If a company which has not been granted an extension files its application for renewal after March 1, the company shall pay a penalty of $25 for each day the application is late.
Nev. Rev. Stat. § 689.155 — NV Code / Title 57 / Chapter 689 / Section 689.155
Unlawful acts; exception
Status: in_force

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 sell, any personal property, merchandise, funeral supplies or services of any description not already existing, available, deliverable and suitable for use in, or for the performance of, any service before the final disposition of the remains of any deceased person, whether such payments are made in lump sum or on an installment basis, before the demise of the person purchasing them or the person for whose use and benefit they are purchased, unless the provisions of NRS 689.150 to 689.375 , inclusive, are complied with.

2. The provisions of subsection 1 do not apply to a bona fide prepaid agreement whereby a licensed mortuary or funeral home is to furnish funeral services to a person who has a medically diagnosed terminal illness and which agreement is entered into and fully performed by the mortuary or funeral home on a date which is within 60 days of the date medically predicted for the demise of the person.
Nev. Rev. Stat. § 696A.170 — NV Code / Title 57 / Chapter 696A / Section 696A.170
Examination by Commissioner
Status: in_force

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 to 679B.290 , inclusive.

2. The expense of such examination shall be paid by the motor club.
Nev. Rev. Stat. § 682A.384 — NV Code / Title 57 / Chapter 682A / Section 682A.384
Permissible loans
Status: in_force

An insurer may, without the prior written approval of the Commissioner, make:

1. Policy loans in accordance with the terms of the policy or contract and NRS 682A.460 ;

2. Advances to officers or directors for expenses reasonably expected to be incurred in the ordinary course of the insurer's business or guarantees associated with credit or charge cards issued, or credit extended, for the purpose of financing these expenses;

3. Loans secured by the principal residence of an existing or new officer of the insurer made in connection with the officer's relocation at the insurer's request, if the loans comply with the requirements of NRS 682A.430 to 682A.436 , inclusive, or 682A.540 to 682A.546 , inclusive, and the terms and conditions otherwise are the same as those generally available from unaffiliated third parties;

4. Secured loans to an existing or new officer of the insurer made in connection with the officer's relocation at the insurer's request, if the loans: (a) Do not have a term exceeding 2 years; (b) Are required to finance mortgage loans outstanding at the same time on the prior and new residences of the officer; (c) Do not exceed an amount equal to the equity of the officer in the prior residence; and (d) Are required to be fully repaid upon the earlier of the end of the 2-year period or the sale of the prior residence; or

5. Loans and advances to officers or directors made in compliance with state or federal law specifically related to the loans and advances by a regulated noninsurance subsidiary or affiliate of the insurer in the ordinary course of business and on terms not more favorable than available to other customers of the entity.
Nev. Rev. Stat. § 691C.170 — NV Code / Title 57 / Chapter 691C / Section 691C.170
“Incurred losses” defined
Status: in_force

“ Incurred losses ” means total claims and claim adjustment expenses paid during the experience period plus any change in claim and claim adjustment expense reserves.
Nev. Rev. Stat. § 689A.04048 — NV Code / Title 57 / Chapter 689A / Section 689A.04048
Policy covering prescription drugs: Submission to step therapy protocol for drug to treat psychiatric condition prohibited in certain circumstances
Status: in_force

1. A policy of health insurance which provides coverage for prescription drugs must not require an insured to submit to a step therapy protocol before covering a drug approved by the Food and Drug Administration that is prescribed to treat a psychiatric condition of the insured, if: (a) The drug has been approved by the Food and Drug Administration with indications for the psychiatric condition of the insured or the use of the drug to treat that psychiatric condition is otherwise supported by medical or scientific evidence; (b) The drug is prescribed by: (1) A psychiatrist; (2) A physician assistant under the supervision of a psychiatrist; (3) An advanced practice registered nurse who has the psychiatric training and experience prescribed by the State Board of Nursing pursuant to NRS 632.120 ; or (4) A primary care provider that is providing care to an insured in consultation with a practitioner listed in subparagraph (1), (2) or (3), if the closest practitioner listed in subparagraph (1), (2) or (3) who participates in the network plan of the insurer is located 60 miles or more from the residence of the insured; and (c) The practitioner listed in paragraph (b) who prescribed the drug knows, based on the medical history of the insured, or reasonably expects each alternative drug that is required to be used earlier in the step therapy protocol to be ineffective at treating the psychiatric condition.

2. Any provision of a policy of health insurance subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after July 1, 2023, which is in conflict with this section is void.

3. As used in this section: (a) “ Medical or scientific evidence ” has the meaning ascribed to it in NRS 695G.053 . (b) “ Network plan ” means a policy of health insurance offered by an insurer under which the financing and delivery of medical care is provided, in whole or in part, through a defined set of providers under contract with the insurer. The term does not include an arrangement for the financing of premiums. (c) “ Step therapy protocol ” means a procedure that requires an insured to use a prescription drug or sequence of prescription drugs other than a drug that a practitioner recommends for treatment of a psychiatric condition of the insured before his or her policy of health insurance provides coverage for the recommended drug.
Nev. Rev. Stat. § 680B.037 — NV Code / Title 57 / Chapter 680B / Section 680B.037
General tax on premiums: Tax in lieu of other taxes; exception
Status: in_force

1. Except as otherwise provided in subsection 2, payment by an insurer of the tax imposed by NRS 680B.027 is in lieu of all taxes imposed by the State or any city, town or county upon premiums or upon income of insurers and of franchise, privilege or other taxes measured by income of the insurer.

2. The provisions of subsection 1 do not apply to the commerce tax imposed pursuant to the provisions of chapter 363C of NRS .
Nev. Rev. Stat. § 686B.125 — NV Code / Title 57 / Chapter 686B / Section 686B.125
Limitation on rates for coverage for dental care; exception; annual report of losses and premiums collected required; examination by Commissioner to ascertain compliance
Status: in_force

<Section effective until Jan. 1, 2026. See, also, section 686B.125 effective Jan. 1, 2026. >

1. Except as otherwise provided in this section, no insurer, organization or person licensed pursuant to this title may sell or offer to sell any contract providing coverage for dental care at a rate which is excessive for the benefits offered to the insured or member. For the purpose of this section, a ratio of losses to premiums collected which is less than 75 percent is presumed to show an excessive rate.

2. The provisions of subsection 1 do not apply to a contract providing coverage for dental care that is sold to a small employer pursuant to the provisions of chapter 689C of NRS . As used in this subsection, “ small employer ” has the meaning ascribed to it in NRS 689C.095 .

3. Each year, every insurer, organization or person licensed pursuant to this title who provides coverage for dental care in this State shall, in accordance with requirements established by regulation of the Commissioner, file with the Commissioner a report of the losses and premiums collected for that insurer, organization or person, as applicable, for the calendar year.

4. For the purposes of subsection 3, the values of losses and premiums collected must be determined at the end of each calendar year for the entire calendar year.

5. The Commissioner may, pursuant to NRS 679B.240 , examine the accounts, records, documents and transactions of any insurer, organization or person licensed pursuant to this title who sells or offers to sell any contract providing coverage for dental care in this State to ascertain compliance with the provisions of this section.
Nev. Rev. Stat. § 695A.151 — NV Code / Title 57 / Chapter 695A / Section 695A.151
Effect of eligibility for medical assistance under Medicaid on eligibility for coverage; assignment of rights to state agency
Status: in_force

1. A society shall not, when considering eligibility for coverage or making payments under a certificate for health benefits, consider the availability of, or eligibility of a person for, medical assistance under Medicaid.

2. To the extent that payment has been made by Medicaid for health care, a society: (a) Shall treat Medicaid as having a valid and enforceable assignment of an insured's benefits regardless of any exclusion of Medicaid or the absence of a written assignment; and (b) May, as otherwise allowed by its certificate for health benefits, evidence of coverage or contract and applicable law or regulation concerning subrogation, seek to enforce any reimbursement rights of a recipient of Medicaid against any other liable party if: (1) It is so authorized pursuant to a contract with Medicaid for managed care; or (2) It has reimbursed Medicaid in full for the health care provided by Medicaid to its insured.

3. If a state agency is assigned any rights of a person who is: (a) Eligible for medical assistance under Medicaid; and (b) Covered by a certificate for health benefits, the society that issued the health policy shall not impose any requirements upon the state agency except requirements it imposes upon the agents or assignees of other persons covered by the certificate.

4. If a state agency is assigned any rights of an insured who is eligible for medical assistance under Medicaid, a society that issues a certificate for health benefits, evidence of coverage or contract shall: (a) Upon request of the state agency, provide to the state agency information regarding the insured to determine: (1) Any period during which the insured, a spouse or dependent of the insured may be or may have been covered by the society; and (2) The nature of the coverage that is or was provided by the society, including, without limitation, the name and address of the insured and the identifying number of the certificate for health benefits, evidence of coverage or contract; (b) Respond to any inquiry by the state agency regarding a claim for payment for the provision of any medical item or service not later than 3 years after the date of the provision of the medical item or service; and (c) Agree not to deny a claim submitted by the state agency solely on the basis of the date of submission of the claim, the type or format of the claim form or failure to present proper documentation at the point of sale that is the basis for the claim if: (1) The claim is submitted by the state agency not later than 3 years after the date of the provision of the medical item or service; and (2) Any action by the state agency to enforce its rights with respect to such claim is commenced not later than 6 years after the submission of the claim.
Nev. Rev. Stat. § 687B.250 — NV Code / Title 57 / Chapter 687B / Section 687B.250
Payment not to constitute admission of liability or waiver of defenses
Status: in_force

1. No payment or payments made by any person, or by an insurer of the person by virtue of a liability insurance policy, on account of bodily injury or death or damage to or loss of property of another shall constitute an admission of liability or waiver of defenses as to such injury, death, loss or damage, or be admissible in evidence in any action brought against the insured person or the insurer of the person for damages, indemnity or benefits arising out of such injury, death, loss or damage, unless pleaded as a defense to the action.

2. All such payments shall be credited upon any settlement made by, or judgment rendered in such an action against, the payer or the insurer of the payer, and in favor of any person to whom or on whose account payment was made.
Nev. Rev. Stat. § 690A.016 — NV Code / Title 57 / Chapter 690A / Section 690A.016
“Credit life insurance” defined
Status: in_force

“ Credit life insurance ” means insurance on the life of a debtor pursuant to or in connection with a specific loan or other credit transaction to provide for satisfaction of a debt, in whole or in part, upon the death of an insured debtor.
Nev. Rev. Stat. § 682A.388 — NV Code / Title 57 / Chapter 682A / Section 682A.388
Authority of Commissioner to adopt regulations
Status: in_force

The Commissioner may, pursuant to chapter 233B of NRS , adopt regulations to carry out the provisions of this chapter.
Nev. Rev. Stat. § 683A.291 — NV Code / Title 57 / Chapter 683A / Section 683A.291
Exemption from education and examination for producer previously licensed for same lines of authority in another state; exemption from examination for producer who confines activity to certain types of insurance
Status: in_force

1. An applicant for licensing in this state as a producer of insurance who was previously licensed for the same lines of authority in another state need not complete any education or examination if the applicant is currently licensed in that state or, if the application is received within 90 days after the cancellation of the license, the other state certifies that the applicant was in good standing at the time of cancellation. Alternatively, the exemption is available if the records of the National Association of Insurance Commissioners show that the applicant is or was licensed and in good standing for the lines of authority requested.

2. An examination is not required for a producer of insurance who confines his or her activity to insurance categorized as limited line, credit, travel, portable electronics or rental car.

3. A person licensed in another state who moves to this state and desires to become licensed as a resident producer of insurance with the benefit of the exemption provided in subsection 1 must apply for licensing within 90 days after establishing legal residence.
Nev. Rev. Stat. § 679B.180 — NV Code / Title 57 / Chapter 679B / Section 679B.180
Enforcement; Attorney General to act as legal counsel; exception
Status: in_force

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 provision of this Code, or to enforce any proper order made by or action taken by the Commissioner.

2. If the Commissioner has reason to believe that any person has violated any provision of this Code, or other law applicable to insurance operations, for which criminal prosecution in the opinion of the Commissioner would be in order, the Commissioner shall give the information relative thereto to the appropriate district attorney or to the Attorney General. The district attorney or Attorney General shall promptly institute such action or proceedings against such person as in the opinion of the district attorney or Attorney General the information may require or justify.

3. Except as otherwise provided in this Code, the Attorney General shall act as legal counsel to the Division and the Commissioner in all matters pertaining to the administration and enforcement of this Code.
Nev. Rev. Stat. § 695D.220 — NV Code / Title 57 / Chapter 695D / Section 695D.220
Licensing of agents
Status: in_force

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 section, “agent” means any person who is associated, directly or indirectly, with the organization and engages in soliciting or enrolling members.
Nev. Rev. Stat. § 695C.17345 — NV Code / Title 57 / Chapter 695C / Section 695C.17345
Required provision in plan covering prescription drugs concerning coverage for prescription drugs irregularly dispensed for purpose of synchronization of chronic medications; prohibited acts; exception
Status: in_force

1. A health maintenance organization that offers or issues a health care plan which provides coverage for prescription drugs: (a) Must authorize coverage for and may apply a copayment and deductible to a prescription that is dispensed by a pharmacy for less than a 30-day supply if, for the purpose of synchronizing the enrollee's chronic medications: (1) The prescriber or pharmacist determines that filling or refilling the prescription in that manner is in the best interest of the enrollee; and (2) The enrollee requests less than a 30-day supply. (b) May not deny coverage for a prescription described in paragraph (a) which is otherwise approved for coverage by the health maintenance organization. (c) Unless otherwise provided by a contract or other agreement, may not prorate any pharmacy dispensing fees for a prescription described in paragraph (a).

2. An evidence of coverage subject to the provisions of this chapter which provides coverage for prescription drugs and that is delivered, issued for delivery or renewed on or after January 1, 2017, has the legal effect of providing that coverage subject to the requirements of this section, and any provision of the evidence of coverage or renewal which is in conflict with this section is void.

3. The provisions of this section do not apply to unit-of-use packaging for which synchronization is not practicable or to a controlled substance.

4. As used in this section: (a) “ Chronic medication ” means any drug that is prescribed to treat any disease or other condition which is determined to be permanent, persistent or lasting indefinitely. (b) “ Synchronization ” means the alignment of the dispensing of multiple medications by a single contracted pharmacy for the purpose of improving a patient's adherence to a prescribed course of medication. (c) “ Unit-of-use packaging ” means medication that is prepackaged by the manufacturer in blister packs, compliance packs, course-of-therapy packs or any other packaging which is designed and intended to be dispensed directly to the patient without modification by the dispensing pharmacy, except for the addition of a prescription label.
Nev. Rev. Stat. § 695G.171 — NV Code / Title 57 / Chapter 695G / Section 695G.171
Required provision concerning coverage for certain tests and vaccines relating to human papillomavirus; prohibited acts
Status: in_force

1. A health care plan issued by a managed care organization must provide coverage for benefits payable for expenses incurred for: (a) Deoxyribonucleic acid testing for high-risk strains of human papillomavirus every 3 years for women 30 years of age and older; and (b) Administering the human papillomavirus vaccine as recommended for vaccination by a competent authority, including, without limitation, the Centers for Disease Control and Prevention of the United States Department of Health and Human Services, the Food and Drug Administration or the manufacturer of the vaccine.

2. A managed care organization must ensure that the benefits required by subsection 1 are made available to an insured through a provider of health care who participates in the network plan of the managed care organization.

3. Except as otherwise provided in subsection 5, a managed care organization that offers or issues a health care plan which provides coverage for prescription drugs shall not: (a) Require an insured to pay a higher deductible, any copayment or coinsurance or require a longer waiting period or other condition to obtain any benefit provided in a health care plan pursuant to subsection 1; (b) Refuse to issue a health care plan or cancel a health care plan solely because the person applying for or covered by the plan uses or may use any such benefit; (c) Offer or pay any type of material inducement or financial incentive to an insured to discourage the insured from obtaining any such benefit; (d) Penalize a provider of health care who provides any such benefit to an insured, including, without limitation, reducing the reimbursement of the provider of health care; (e) Offer or pay any type of material inducement, bonus or other financial incentive to a provider of health care to deny, reduce, withhold, limit or delay access to any such benefit to an insured; or (f) Impose any other restrictions or delays on the access of an insured to any such benefit.

4. An evidence of coverage for a health care plan subject to the provisions of this chapter which is delivered, issued for delivery or renewed on or after January 1, 2018, has the legal effect of including the coverage required by subsection 1, and any provision of the evidence of coverage or the renewal thereof which is in conflict with this section is void.

5. Except as otherwise provided in this section and federal law, a managed care organization may use medical management techniques, including, without limitation, any available clinical evidence, to determine the frequency of or treatment relating to any benefit required by this section or the type of provider of health care to use for such treatment.

6. As used in this section: (a) “ Human papillomavirus vaccine ” means the Quadrivalent Human Papillomavirus Recombinant Vaccine or its successor which is approved by the Food and Drug Administration for the prevention of human papillomavirus infection and cervical cancer. (b) “ Medical management technique ” means a practice which is used to control the cost or utilization of health care services or prescription drug use. The term includes, without limitation, the use of step therapy, prior authorization or categorizing drugs and devices based on cost, type or method of administration. (c) “ Network plan ” means a health care plan offered by a managed care organization under which the financing and delivery of medical care, including items and services paid for as medical care, are provided, in whole or in part, through a defined set of providers under contract with the managed care organization. The term does not include an arrangement for the financing of premiums. (d) “Provider of health care” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 690A.130 — NV Code / Title 57 / Chapter 690A / Section 690A.130
Claims: Reporting to insured; maintenance by insurer; settlement; payment
Status: in_force

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 be settled as soon as practicable and in accordance with the terms of the insurance contract.

2. All claims must be paid by draft drawn upon the insurer, by electronic funds transfer or by check of the insurer to the order of: (a) The claimant to whom payment of the claim is due pursuant to the provisions of the policy; or (b) Any other person designated by the claimant to whom payment is due.

3. A plan or arrangement may not be used whereby a person other than the insurer or its designated claim representative is authorized to settle or adjust claims. The creditor may not be designated as the representative for the insurer in adjusting a claim, except that a group policyholder may, by arrangement with the group insurer, draw drafts, electronic transfers or checks in payment of claims due the group policyholder subject to the periodic audit by the insurer.
Nev. Rev. Stat. § 687B.720 — NV Code / Title 57 / Chapter 687B / Section 687B.720
Contract required to provide for notice of insolvency or cessation of operations of health carrier or intermediary to participating provider of health care
Status: in_force

Each contract entered into for the purposes of a network plan between a participating provider of health care and the health carrier must provide that written notice must be provided to the participating provider of health care as soon as practicable in the event:

1. That a court determined the health carrier or any applicable intermediary to be insolvent; or

2. Of any other cessation of operations of the health carrier or any applicable intermediary.
Nev. Rev. Stat. § 689A.710 — NV Code / Title 57 / Chapter 689A / Section 689A.710
Prohibited acts; denial of application for coverage; regulations; violation may constitute unfair trade practice; applicability of section
Status: in_force

1. Except as otherwise provided in this section, an individual carrier or a producer shall not, directly or indirectly: (a) Encourage or direct an individual or family to refrain from filing an application for coverage with an individual carrier because of the health status, claims experience, industry, occupation or geographic location of the individual or family. (b) Encourage or direct an individual or family to seek coverage from another carrier because of the health status, claims experience, industry, occupation or geographic location of the individual or family.

2. The provisions of subsection 1 do not apply to information provided to an individual or family by an individual carrier or a producer relating to the geographic service area or a provision for a restricted network of the individual carrier.

3. An individual carrier shall not, directly or indirectly, enter into any contract, agreement or arrangement with a producer if the contract, agreement or arrangement provides for or results in a variation to the compensation paid to a producer for the sale of a health benefit plan because of the health status, claims experience, industry, occupation or geographic location of the individual at the time that the health benefit plan is issued to or renewed by the individual.

4. An individual carrier shall not terminate, fail to renew, or limit its contract or agreement of representation with a producer for any reason related to the health status, claims experience, industry, occupation or geographic location of an individual at the time that the health benefit plan is issued to or renewed by the individual placed by the producer with the individual carrier.

5. A denial by an individual carrier of an application for coverage from an individual or family must be in writing and must state the reason for the denial.

6. The Commissioner may adopt regulations that set forth additional standards to provide for the fair marketing and broad availability of health benefit plans to individuals or families in this state.

7. A violation of any provision of this section by an individual carrier may constitute an unfair trade practice for the purposes of chapter 686A of NRS .

8. The provisions of this section apply to a third-party administrator if the third-party administrator enters into a contract, agreement or other arrangement with an individual carrier to provide administrative, marketing or other services related to the offering of a health benefit plan to individuals or families in this state.

9. Nothing in this section interferes with the right and responsibility of a producer to advise and represent the best interests of an individual or family who is seeking health insurance coverage from an individual carrier.
Nev. Rev. Stat. § 695J.200 — NV Code / Title 57 / Chapter 695J / Section 695J.200
Natural person authorized to act for entity appointed by Exchange required to be exchange enrollment facilitator
Status: in_force

An entity other than a natural person that is appointed by the Exchange must require that each natural person who is authorized to act for the entity be an exchange enrollment facilitator. Each exchange enrollment facilitator must be named in the partnership's or corporation's appointment.
Nev. Rev. Stat. § 695I.070 — NV Code / Title 57 / Chapter 695I / Section 695I.070
“Provider of health care” defined
Status: in_force

“Provider of health care” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 684A.070 — NV Code / Title 57 / Chapter 684A / Section 684A.070
Qualifications for license for natural person; waiver of certain requirements by Commissioner authorized; regulations
Status: in_force

1. For the protection of the people of this State, the Commissioner may not issue or continue any license as an adjuster except in compliance with the provisions of this chapter. Any person for whom a license is issued or continued must: (a) Be at least 18 years of age; (b) Be eligible to declare this State as his or her home state; (c) Be competent, trustworthy, financially responsible and of good reputation, as determined by the Commissioner; (d) Never have been convicted of, or entered a plea of guilty, guilty but mentally ill or nolo contendere to, forgery, embezzlement, obtaining money under false pretenses, larceny, extortion or conspiracy to defraud; (e) Except as otherwise provided in subsection 4, never have committed any act that is a ground for refusal to issue, suspension or revocation of a license pursuant to NRS 683A.451 ; (f) Unless exempted pursuant to NRS 684A.100 or 684A.105 , successfully pass all examinations required under this chapter; (g) Not be concurrently licensed as a producer of insurance for property, casualty or surety or a surplus lines broker, except as a bail agent; and (h) Establish and maintain a valid electronic mail address.

2. A natural person who is a resident of this State applying for a license must, as part of his or her application and at the applicant's own expense: (a) Arrange to have a complete set of his or her fingerprints taken by a law enforcement agency or other authorized entity acceptable to the Commissioner; and (b) Submit to the Commissioner: (1) A completed fingerprint card and written permission authorizing the Commissioner to submit the applicant's fingerprints to the Central Repository for Nevada Records of Criminal History for submission to the Federal Bureau of Investigation for a report on the applicant's background and to such other law enforcement agencies as the Commissioner deems necessary; or (2) Written verification, on a form prescribed by the Commissioner, stating that the fingerprints of the applicant were taken and directly forwarded electronically or by another means to the Central Repository and that the applicant has given written permission to the law enforcement agency or other authorized entity taking the fingerprints to submit the fingerprints to the Central Repository for submission to the Federal Bureau of Investigation for a report on the applicant's background and to such other law enforcement agencies as the Commissioner deems necessary.

3. The Commissioner may: (a) Unless the applicant's fingerprints are directly forwarded pursuant to subparagraph (2) of paragraph (b) of subsection 2, submit those fingerprints to the Central Repository for submission to the Federal Bureau of Investigation and to such other law enforcement agencies as the Commissioner deems necessary; (b) Request from each such agency any information regarding the applicant's background as the Commissioner deems necessary; and (c) Adopt regulations concerning the procedures for obtaining this information.

4. The Commissioner may waive the requirements of paragraph (d) or (e) of subsection 1 for good cause shown.
Nev. Rev. Stat. § 691E.290 — NV Code / Title 57 / Chapter 691E / Section 691E.290
Travel protection plan: Conditions under which combined items may be offered for one price; provision of fulfillment materials; refund for cancellation
Status: in_force

1. A travel protection plan that provides any combination of travel insurance, travel assistance services or cancellation fee waivers may be offered in this State for one price for the combined items if: (a) At or before the time of purchase: (1) The travel protection plan clearly discloses to the purchaser or prospective purchaser that the plan includes travel insurance, travel assistance services and cancellation fee waivers, as applicable; and (2) The purchaser or prospective purchaser is provided with information regarding the items included in the plan and an opportunity to obtain additional information regarding the items included in the plan and the pricing of each item; and (b) The fulfillment materials concerning the travel protection plan: (1) Describe and delineate the travel insurance, travel assistance services and any cancellation fee waivers in the travel protection plan, as applicable; and (2) Include, as applicable, the disclosures required by paragraph (a) of subsection 2 of NRS 691E.290 and the contact information for any person providing travel assistance services or cancellation fee waivers.

2. As soon as practicable after the purchase of a travel protection plan, the fulfillment materials concerning the plan must be personally delivered to the purchaser of the travel protection plan or sent to the purchaser by mail or electronic transmission.

3. Unless the insured has started a covered trip or filed a claim under the travel insurance coverage, a policyholder or certificate holder who cancels a travel protection plan that includes travel insurance is entitled to a full refund of the price of the travel protection plan if the cancellation occurs not later than: (a) If the fulfillment materials are sent by mail, 15 days after the date on which the fulfillment materials are sent. (b) If the fulfillment materials are personally delivered or sent by electronic transmission, 10 days after the date on which the fulfillment materials are delivered or sent.
Nev. Rev. Stat. § 695B.192 — NV Code / Title 57 / Chapter 695B / Section 695B.192
Contract containing exclusion, reduction or limitation of coverage relating to complications of pregnancy prohibited; exception
Status: in_force

1. No hospital, medical or dental service contract issued by a corporation pursuant to the provisions of this chapter may contain any exclusion, reduction or other limitation of coverage relating to complications of pregnancy, unless the provision applies generally to all benefits payable under the contract and complies with the provisions of NRS 689B.340 to 689B.580 , inclusive, and chapter 689C of NRS relating to the portability and availability of health insurance.

2. As used in this section, the term “ complications of pregnancy ” includes any condition which requires hospital confinement for medical treatment and: (a) If the pregnancy is not terminated, is caused by an injury or sickness not directly related to the pregnancy or by acute nephritis, nephrosis, cardiac decompensation, missed abortion or similar medically diagnosed conditions; or (b) If the pregnancy is terminated, results in nonelective cesarean section, ectopic pregnancy or spontaneous termination.

3. A contract subject to the provisions of this chapter which is issued or delivered on or after July 1, 1977, has the legal effect of including the coverage required by this section, and any provision of the contract which is in conflict with this section is void.
Nev. Rev. Stat. § 683C.043 — NV Code / Title 57 / Chapter 683C / Section 683C.043
Payment of child support: Statement by applicant for license; grounds for denial of license; duty of Commissioner
Status: in_force

<See notes for changes to this section effective under certain conditions.>

1. A natural person who applies for the issuance or renewal of a license to act as an insurance consultant shall submit to the Commissioner the statement prescribed by the Division of Welfare and Supportive Services of the Department of Health and Human Services pursuant to NRS 425.520 . The statement must be completed and signed by the applicant.

2. The Commissioner shall include the statement required pursuant to subsection 1 in: (a) The application or any other forms that must be submitted for the issuance or renewal of the license; or (b) A separate form prescribed by the Commissioner.

3. A license to act as an insurance consultant may not be issued or renewed by the Commissioner if the applicant is a natural person who: (a) Fails to submit the statement required pursuant to subsection 1; or (b) Indicates on the statement submitted pursuant to subsection 1 that the applicant is subject to a court order for the support of a child and is not in compliance with the order or a plan approved by the district attorney or other public agency enforcing the order for the repayment of the amount owed pursuant to the order.

4. If an applicant indicates on the statement submitted pursuant to subsection 1 that the applicant is subject to a court order for the support of a child and is not in compliance with the order or a plan approved by the district attorney or other public agency enforcing the order for the repayment of the amount owed pursuant to the order, the Commissioner shall advise the applicant to contact the district attorney or other public agency enforcing the order to determine the actions that the applicant may take to satisfy the arrearage.
Nev. Rev. Stat. § 692C.3512 — NV Code / Title 57 / Chapter 692C / Section 692C.3512
Own Risk and Solvency Assessment requirement
Status: in_force

Subject to the provisions of NRS 692C.352 to 692C.353 , inclusive, an insurer, or the insurance group of which the insurer is a member, shall regularly conduct an ORSA consistent with a process comparable to that set forth in the ORSA Guidance Manual . An ORSA must be conducted not less than annually but also at any time when there are significant changes to the risk profile of the insurer or the insurance group of which the insurer is a member.
Nev. Rev. Stat. § 686B.1759 — NV Code / Title 57 / Chapter 686B / Section 686B.1759
“Insurer” defined
Status: in_force

“ Insurer ” means any private carrier authorized to provide industrial insurance in this state.
Nev. Rev. Stat. § 686C.124 — NV Code / Title 57 / Chapter 686C / Section 686C.124
“Structured settlement annuity” defined
Status: in_force

“ 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 suffered by the plaintiff or other claimant.
Nev. Rev. Stat. § 695A.095 — NV Code / Title 57 / Chapter 695A / 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; society required to use form to obtain information on provider of health care; modification; submission by society of schedule of payments to provider
Status: in_force

1. A society shall not charge a provider of health care a fee to include the name of the provider on a list of providers of health care given by the society to its insureds.

2. A society shall not contract with a provider of health care to provide health care to an insured unless the society uses the form prescribed by the Commissioner pursuant to NRS 629.095 to obtain any information related to the credentials of the provider of health care.

3. A contract between a society and a provider of health care may be modified: (a) At any time pursuant to a written agreement executed by both parties. (b) Except as otherwise provided in this paragraph, by the society upon giving to the provider 45 days' written notice of the modification of the society's schedule of payments, including any changes to the fee schedule applicable to the provider's practice. If the provider fails to object in writing to the modification within the 45-day period, the modification becomes effective at the end of that period. If the provider objects in writing to the modification within the 45-day period, the modification must not become effective unless agreed to by both parties as described in paragraph (a).

4. If a society contracts with a provider of health care to provide health care to an insured, the society shall: (a) If requested by the provider of health care at the time the contract is made, submit to the provider of health care the schedule of payments applicable to the provider of health care; or (b) If requested by the provider of health care at any other time, submit to the provider of health care the schedule of payments, including any changes to the fee schedule applicable to the provider's practice, specified in paragraph (a) within 7 days after receiving the request.

5. As used in this section, “ provider of health care ” means a provider of health care who is licensed pursuant to chapter 630, 631, 632 or 633 of NRS .
Nev. Rev. Stat. § 687B.408 — NV Code / Title 57 / Chapter 687B / Section 687B.408
Insurer that issues certain policies of health insurance required to notify insured and physician before effective date of changes related to prescription drugs used for transplanted organs
Status: in_force

If a policy of health insurance issued pursuant to chapter 689A, 689B, 689C, 695A, 695B, 695C or 695G of NRS includes coverage for a prescription drug that is necessary for an insured to prevent the rejection of a transplanted organ, the insurer must notify the insured and, if known, the physician of the insured who prescribed the drug at least 30 days before a change in the formulary of the insurer within the plan year which affects that prescription becomes effective.
Nev. Rev. Stat. § 686C.030 — NV Code / Title 57 / Chapter 686C / Section 686C.030
Scope of chapter: Coverage provided
Status: in_force

1. This chapter provides coverage for the life insurance, health insurance and annuity policies or contracts described in subsection 4 to persons who are: (a) Owners of, enrollees in or certificate holders under such policies or contracts, other than structured settlement annuities, and who: (1) Are residents of this state; or (2) Are not residents, but only if: (I) The member insurer that issued the policies or contracts is domiciled in this state; (II) The states in which the persons reside have associations similar to the Association created by this chapter; and (III) The persons are not eligible for coverage by an association in another state because the member insurer was not authorized in the other state at the time specified in that state's law governing guaranty associations; and (b) Regardless of where they reside, beneficiaries, assignees or payees of the persons covered under paragraph (a), including, without limitation, providers of health care rendering services covered under policies or certificates of health insurance, except for nonresident certificate holders under group policies or contracts.

2. For structured settlement annuities, except as otherwise provided in subsection 3, this chapter provides coverage to a payee under the annuity, or beneficiary of a payee if the payee is deceased, if the payee or beneficiary: (a) Is a resident of this state, regardless of the residence of the owner of the annuity; or (b) Is not a resident of this state, but: (1) The owner of the annuity is a resident of this state, or the issuer of the annuity is domiciled in this state and the state in which the owner resides has an association similar to the Association created by this chapter; and (2) Neither the payee or beneficiary nor the owner of the annuity is eligible for coverage by the association of the state in which the payee, beneficiary or owner resides.

3. This chapter does not provide coverage for a payee or beneficiary of a structured settlement annuity if the owner of the annuity is a resident of this state and the payee or beneficiary is afforded any coverage by the association of another state. In determining the application of the provisions of this chapter to a situation where a person could be covered by the association of more than one state, this chapter must be construed in conjunction with the laws of other states to result in coverage by only one association.

4. This chapter provides coverage to the persons described in subsections 1 and 2 for policies or contracts of direct, nongroup life insurance, health insurance and annuities, for certificates under direct group policies and contracts, and for supplemental contracts to any of these, in each case issued by member insurers, except as limited by this chapter.
Nev. Rev. Stat. § 687B.290 — NV Code / Title 57 / Chapter 687B / Section 687B.290
Exemption of proceeds: Annuities; assignability of rights
Status: in_force

1. The benefits, rights, privileges and options which under any annuity contract issued prior to or after January 1, 1972, are due or prospectively due the annuitant shall not be subject to execution nor shall the annuitant be compelled to exercise any such rights, powers or options, nor shall creditors be allowed to interfere with or terminate the contract, except as to amounts paid for or as premium on any such annuity with intent to defraud creditors, with interest thereon, and of which the creditor has given the insurer written notice at its home office prior to the making of the payment to the annuitant out of which the creditor seeks to recover. Any such notice shall specify the amount claimed or such facts as will enable the insurer to ascertain such amount, and shall set forth such facts as will enable the insurer to ascertain the annuity contract, the annuitant and the payment sought to be avoided on the ground of fraud.

2. If the contract so provides, the benefits, rights, privileges or options accruing under such contract to a beneficiary or assignee shall not be transferable or subject to commutation, and the same exemptions and exceptions contained in this section for the annuitant shall apply with respect to such beneficiary or assignee.
Nev. Rev. Stat. § 691C.080 — NV Code / Title 57 / Chapter 691C / Section 691C.080
“Creditor” defined
Status: in_force

“ 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:

1. The successor to the right, title or interest of;

2. An affiliate, associate or subsidiary of;

3. Any director, officer or employee of; or

4. Any other person in any way associated with,

any such lender, vendor or lessor.
Nev. Rev. Stat. § 682B.120 — NV Code / Title 57 / Chapter 682B / Section 682B.120
Duration and release of deposit
Status: in_force

1. Every deposit made in this state by an insurer pursuant to this Code shall be held as long as there is outstanding any liability of the insurer as to which the deposit was so required; or, if the deposit is required under NRS 680A.330 (retaliatory provision), the deposit shall be held for so long as the basis of such retaliation exists.

2. If the insurer has reinsured all its outstanding risks in another insurer or insurers, the Commissioner may deliver to such assuming insurer or its assigns, after the expiration of 1 year from the effective date of such reinsurance, any assets or securities deposited with the Commissioner under this Code by the ceding insurer upon proof satisfactory to the Commissioner that: (a) The assuming insurer has assumed and agreed to discharge all liabilities of every kind due and to become due which the deposit was to secure; and (b) The assuming insurer has on deposit in this state, or with public authority in another state, securities of quality, amount and value not less than the deposit required of the ceding insurer under this Code and which will reasonably subsist for the security of the obligations of the ceding insurer so assumed.

3. If the insurer is subject to delinquency proceedings as defined in NRS 696B.060 , upon the order of a court of competent jurisdiction the Commissioner shall yield the insurer's assets held on deposit to the receiver, conservator, rehabilitator or liquidator of the insurer, or to any other properly designated officer or officers who succeed to the management and control of the insurer's assets.
Nev. Rev. Stat. § 692A.107 — NV Code / Title 57 / Chapter 692A / Section 692A.107
Disciplinary action against title insurer or refusal to license
Status: in_force

1. In addition to the grounds provided in NRS 680A.200 for insurers generally, the Commissioner may refuse to license any title insurer or may suspend any license or impose a fine of not more than $500 for each violation by entering an order to that effect, with findings in respect thereto, if upon a hearing, it is determined that the applicant or licensee: (a) Has committed fraud in connection with any transaction governed by this chapter; (b) Has failed without reasonable cause to furnish to the parties of an escrow their respective statements of the settlement within a reasonable time after the close of escrow; (c) Has failed without reasonable cause to deliver, within a reasonable time after the close of escrow, to the respective parties of an escrow transaction any money, documents or other properties held in escrow in violation of the provisions of the escrow instructions; (d) Has commingled the money of others with his or her own or converted the money of others to his or her own use; (e) Has failed, before the close of escrow, to obtain written instructions concerning any essential or material fact or intentionally failed to follow the written instructions which have been agreed upon by the parties and accepted by the holder of the escrow; (f) Has failed to disclose in writing that the applicant or licensee is acting in the dual capacity of escrow agent or agency and undisclosed principal in any escrow transaction; or (g) Has failed to maintain adequate supervision of an escrow officer or title agent whom the applicant or licensee has certified pursuant to subsection 3 of NRS 692A.110 .

2. The Commissioner may refuse to issue a license to any person who, within 10 years before the date of applying for a current license, has had suspended or revoked a license issued pursuant to this chapter or a comparable license issued by any other state, district or territory of the United States or any foreign country.
Nev. Rev. Stat. § 689.590 — NV Code / Title 57 / Chapter 689 / Section 689.590
Exemption of person maintaining cemetery but not operating as cemetery on July 5, 1971
Status: in_force

The provisions of NRS 689.450 to 689.595 , inclusive, do not apply to a person maintaining a cemetery but not operating as a cemetery authority on July 5, 1971.
Nev. Rev. Stat. § 695D.070 — NV Code / Title 57 / Chapter 695D / Section 695D.070
“Plan for dental care” defined
Status: in_force

“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 part of the cost of that care and the member agrees to prepay, make periodic payments or pay through insurance for that care.
Nev. Rev. Stat. § 690D.060 — NV Code / Title 57 / Chapter 690D / Section 690D.060
“Lease” defined
Status: in_force

“ Lease ” has the meaning ascribed to it in NRS 482.053 .
Nev. Rev. Stat. § 687B.607 — NV Code / Title 57 / Chapter 687B / Section 687B.607
“Direct notification” defined
Status: in_force

“ Direct notification ” means a written or electronic communication from a health carrier to a provider of health care documenting third-party access to a network.
Nev. Rev. Stat. § 680A.020 — NV Code / Title 57 / Chapter 680A / Section 680A.020
“Charter” defined
Status: in_force

“Charter” means the 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 the power of attorney of the attorney-in-fact of a reciprocal insurer.
Nev. Rev. Stat. § 693A.430 — NV Code / Title 57 / Chapter 693A / Section 693A.430
“Policyholder” defined
Status: in_force

“ 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 of directors of the converting mutual.
Nev. Rev. Stat. § 696A.310 — NV Code / Title 57 / Chapter 696A / Section 696A.310
Suspension or revocation of or refusal to renew license of club agent
Status: in_force

The Commissioner may suspend, revoke or refuse to renew any club agent's license issued under this chapter for any cause specified in any other provision of this chapter, or for any of the same applicable grounds and in the manner provided for a producer of insurance in NRS 683A.451 and 683A.461 .
Nev. Rev. Stat. § 695A.180 — NV Code / Title 57 / Chapter 695A / Section 695A.180
Scope of contractual benefits
Status: in_force

1. A society authorized to do business in this state may provide the following contractual benefits in any form: (a) Death benefits; (b) Endowment benefits; (c) Annuity benefits; (d) Temporary or permanent disability benefits; (e) Hospital, medical or nursing benefits; (f) Monument or tombstone benefits to the memory of deceased members; and (g) Any other benefits which life insurance companies are authorized to pay which are not inconsistent with the provisions of this chapter.

2. A society shall specify in its laws or rules those persons who may be issued, or covered by, the contractual benefits set forth in subsection 1, consistent with the purpose of providing benefits to members and their dependents. A society may provide benefits on the lives of children under the minimum age for adult membership upon the application of an adult.
Nev. Rev. Stat. § 683A.186 — NV Code / Title 57 / Chapter 683A / Section 683A.186
Licensee required to make certain written or electronic materials available to occupant or prospective occupant
Status: in_force

A licensee shall not offer, sell, solicit or negotiate personal property storage insurance unless the licensee makes readily available to the occupant or prospective occupant written or electronic materials that contain:

1. The actual terms of the insurance coverage, or a summary of the terms of the insurance coverage, including, without limitation, the identity of the supervising entity.

2. A conspicuous disclosure that the insurance may provide a duplication of coverage already provided by an existing policy of insurance.

3. A description of the process for filing a claim in the event the occupant elects to purchase coverage and experiences a covered loss.

4. Information regarding the price, deductible, benefits, exclusions, conditions and any other limitations of the insurance.

5. A statement that the purchase by the occupant of personal property storage insurance from the licensee is not required to rent storage space.

6. A statement that the licensee is not authorized to evaluate the adequacy of any existing insurance coverage of the occupant, unless the licensee is otherwise licensed to perform such an evaluation.

7. A statement that the occupant may cancel the insurance at any time, and any unearned premium must be refunded in accordance with applicable law.
Nev. Rev. Stat. § 693A.540 — NV Code / Title 57 / Chapter 693A / Section 693A.540
Enforcement of provisions by Commissioner
Status: in_force

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 commit a violation of any provision of NRS 693A.400 to 693A.540 , inclusive, or of any regulation or order of the Commissioner relating thereto, the Commissioner may apply to the First Judicial District Court in and for Carson City for an order enjoining the person, director, officer, employee or agent from violating or continuing to violate any provision of NRS 693A.400 to 693A.540 , inclusive, or any such regulation or order, and for such other equitable relief as the nature of the case and the interest of the policyholders, creditors and shareholders of the insurer, or the public, may require.
Nev. Rev. Stat. § 686B.147 — NV Code / Title 57 / Chapter 686B / Section 686B.147
Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license
Status: in_force

<See notes for changes to this section effective under certain conditions.>

1. If the Commissioner receives a copy of a court order issued pursuant to NRS 425.540 that provides for the suspension of all professional, occupational and recreational licenses, certificates and permits issued to a person who is the holder of a license as a rate service organization, the Commissioner shall deem the license issued to that person to be suspended at the end of the 30th day after the date on which the court order was issued unless the Commissioner receives a letter issued to the holder of the license by the district attorney or other public agency pursuant to NRS 425.550 stating that the holder of the license has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560 .

2. The Commissioner shall reinstate a license as a rate service organization that has been suspended by a district court pursuant to NRS 425.540 if the Commissioner receives a letter issued by the district attorney or other public agency pursuant to NRS 425.550 to the person whose license was suspended stating that the person whose license was suspended has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560 .
Nev. Rev. Stat. § 689.505 — NV Code / Title 57 / Chapter 689 / Section 689.505
Permit: Period of validity; renewal; fees for renewal; expiration
Status: in_force

1. Each seller's permit issued or renewed pursuant to NRS 689.450 to 689.595 , inclusive, continues in effect for 3 years unless it is suspended, revoked or otherwise terminated.

2. The Commissioner shall renew a seller's permit upon receiving a written request for renewal from the seller, accompanied by all applicable fees for renewal, which are not refundable, if the Commissioner finds that the seller is, at that time, in compliance with all applicable provisions of NRS 689.450 to 689.595 , inclusive.

3. A permit which is not renewed expires on the renewal date. The Commissioner may accept a request for renewal received by the Commissioner within 30 days after the expiration of the permit if the request is accompanied by a fee for renewal of 150 percent of all applicable fees otherwise required, except for any fee required pursuant to NRS 680C.110 .

4. As used in this section, “ renewal date ” means: (a) For the first renewal of the permit, the last day of the month which is 3 years after the month in which the Commissioner originally issued the permit. (b) For each renewal after the first renewal of the permit, the last day of the month which is 3 years after the month in which the permit was last due to be renewed.
Nev. Rev. Stat. § 689C.158 — NV Code / Title 57 / Chapter 689C / Section 689C.158
Producer authorized only to market to or sign up small employers and eligible employees in bona fide associations if employers and employees are actively engaged in or directly related to bona fide association
Status: in_force

For the purposes of providing coverage under a health benefit plan pursuant to the provisions of this chapter, a producer may only market association memberships to small employers and eligible employees, accept applications for such membership or sign up such members in a bona fide association if the small employers and eligible employees being marketed are actively engaged in, or directly related to, the bona fide association.
Nev. Rev. Stat. § 691E.250 — NV Code / Title 57 / Chapter 691E / Section 691E.250
Required written disclosures to prospective purchaser
Status: in_force

A travel retailer who offers and disseminates travel insurance shall make available to each prospective purchaser a brochure or other written material that has been approved by the insurer providing the travel insurance and which, at a minimum:

1. Provides the identity and contact information of the insurer and the producer of limited lines travel insurance;

2. Explains that the purchase of travel insurance is not required in order to purchase any other product or service of the travel retailer; and

3. Explains that a travel retailer who is not a licensed producer of insurance may provide only general information about the travel insurance offered by the travel retailer, including a description of the coverage and price, but is not qualified or authorized to answer technical questions about the terms and conditions of the travel insurance offered by the travel retailer or evaluate the adequacy of any existing insurance coverage that the prospective purchaser may have.
Nev. Rev. Stat. § 695A.530 — NV Code / Title 57 / Chapter 695A / Section 695A.530
Applicability of provisions relating to trade practices and frauds
Status: in_force

A society authorized to do business in this state and its agents are subject to the provisions of chapter 686A of NRS relating to trade practices and frauds, except that nothing in that chapter applies to or affects:

1. The right of a society to determine its eligibility requirements for membership; or

2. The offering of benefits exclusively to members or persons eligible for membership in the society by a subsidiary corporation or affiliated organization of the society.
Nev. Rev. Stat. § 696B.110 — NV Code / Title 57 / Chapter 696B / Section 696B.110
“Insolvency” defined
Status: in_force

“ 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 its liabilities and its paid-in capital stock account;

3. When a mutual insurer's assets are less than the sum of its liabilities and the minimum basic surplus required to be maintained by the insurer under this Code for authority to transact the kinds of insurance transacted; or

4. As otherwise expressly provided in this Code.
Nev. Rev. Stat. § 683C.018 — NV Code / Title 57 / Chapter 683C / Section 683C.018
Applicability of other provisions
Status: in_force

The provisions of chapters 679A and 679B of NRS and NRS 683A.301 , 683A.341 and 683A.351 apply to an insurance consultant.
Nev. Rev. Stat. § 695C.1705 — NV Code / Title 57 / Chapter 695C / 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
Status: in_force

Except as otherwise provided in the provisions of NRS 689B.340 to 689B.580 , inclusive, and chapter 689C of NRS relating to the portability and accountability of health insurance:

1. A group health care plan issued by a health maintenance organization to replace any discontinued policy or coverage for group health insurance must: (a) Provide coverage for all persons who were covered under the previous policy or coverage on the date it was discontinued; and (b) Except as otherwise provided in subsection 2, provide benefits which are at least as extensive as the benefits provided by the previous policy or coverage, except that benefits may be reduced or excluded to the extent that such a reduction or exclusion was permissible under the terms of the previous policy or coverage, if that plan is issued within 60 days after the date on which the previous policy or coverage was discontinued.

2. If an employer obtains a replacement plan pursuant to subsection 1 to cover the employees of the employer, any benefits provided by the previous policy or coverage may be reduced if notice of the reduction is given to the employees pursuant to NRS 608.1577 .

3. Any health maintenance organization which issues a replacement plan pursuant to subsection 1 may submit a written request to the insurer which provided the previous policy or coverage for a statement of benefits which were provided under that policy or coverage. Upon receiving such a request, the insurer shall give a written statement to the organization indicating what benefits were provided and what exclusions or reductions were in effect under the previous policy or coverage.

4. If an employee or enrollee was a recipient of benefits under the coverage provided pursuant to NRS 695C.1709 , the employee or enrollee is not entitled to have issued to him or her by a health maintenance organization a replacement plan unless the employee or enrollee has reported for his or her normal employment for a period of 90 consecutive days after last being eligible to receive any benefits under the coverage provided pursuant to NRS 695C.1709 .

5. The provisions of this section apply to a self-insured employer who provides health benefits to the employees of the self-insured employer and replaces those benefits with a group health care plan issued by a health maintenance organization.
Nev. Rev. Stat. § 696B.210 — NV Code / Title 57 / Chapter 696B / Section 696B.210
Grounds for conservation or rehabilitation of domestic insurer or domiciled alien insurer
Status: in_force

The Commissioner may petition for an order directing the Commissioner to conserve the assets of or to rehabilitate a domestic insurer or an alien insurer domiciled in this state on any one or more of the following grounds:

1. On any ground for liquidation of the insurer under NRS 696B.220 , if the Commissioner believes conservation or rehabilitation possible without substantial increase of risk to creditors, policyholders or the public;

2. If the insurer is in unsound condition, or is using, or has been subject to such methods and practices in the conduct of its business as to render its further transaction of insurance presently or prospectively hazardous to its policyholders, or creditors, or the public;

3. If the insurer's solvency is endangered by illegal action;

4. For material falsification of the insurer's records, reports or financial condition;

5. If the Commissioner finds after hearing that any individual exercising executive power with respect to or otherwise materially influencing or controlling the insurer, directly or indirectly, is dishonest or untrustworthy in matters affecting the insurer, and has not been or cannot effectively and permanently be removed from such power, influence or control;

6. For unlawful concealment or removal by the insurer of any of its records or assets;

7. For failure of the insurer, or its parent corporation, or subsidiary or affiliated person controlled by the insurer, to submit its books, accounts, records and affairs to the reasonable inspection or examination of the Commissioner or an examiner of the Commissioner as authorized under this Code;

8. If any individual exercising any executive authority in the affairs of the insurer, or parent corporation, or subsidiary or affiliated person has refused to be examined under oath, by the Commissioner or an examiner of the Commissioner thereunto duly authorized, whether within this state or otherwise, concerning the pertinent affairs of the insurer, or parent corporation, or subsidiary, or affiliated person, or if examined under oath refuses to divulge pertinent information reasonably known to him or her;

9. For failure of officers, employees and other representatives of the insurer, or parent corporation, or subsidiary, or affiliated person to comply promptly with the reasonable requests of the Commissioner or an examiner of the Commissioner for the purposes of and during the conduct of any examination;

10. That a deadlock exists in the insurer's board of directors relative to the general management of the insurer's affairs, that the insurer's stockholders or members (as to a mutual insurer) are unable to break the deadlock, and that the same threatens irreparable injury to the insurer, or its creditors, or its policyholders, or to the public;

11. If the insurer has transferred or attempted to transfer substantially its entire property or business, or has entered into any transaction the effect of which is to merge or consolidate substantially its entire property or business in that of any other insurer, without first having obtained the written approval of the Commissioner as required under this Code;

12. If the controlling stock of the insurer has been transferred to others without compliance with the requirements of NRS 693A.320 (transfer of controlling stock), except where such transfer is by testamentary bequest or inheritance;

13. If the insurer has willfully violated its charter or a law of this state, or has willfully exceeded its corporate powers;

14. If the insurer has requested or consented to conservation or rehabilitation by a vote or written authorization of a majority of its directors, or stockholders, or members (as to mutual insurers); or

15. If the insurer has failed to pay any valid judgment against it within 30 days after the judgment became final.
Nev. Rev. Stat. § 696B.180 — NV Code / Title 57 / Chapter 696B / Section 696B.180
“State” defined
Status: in_force

“State” has the meaning ascribed to it in NRS 679A.120 .
Nev. Rev. Stat. § 697.180 — NV Code / Title 57 / Chapter 697 / Section 697.180
Application for license: General requirements; fees; fingerprints
Status: in_force

<See notes for changes to this section effective under certain conditions. >

1. A written application for a license as a general agent, bail enforcement agent, bail solicitor or bail agent, other than a nonresident license as a bail agent, must be filed with the Commissioner by the applicant, accompanied by the applicable fees. The application form must: (a) Include the social security number of the applicant; and (b) Require full answers to questions reasonably necessary to determine the applicant's: (1) Identity and residence. (2) Business record or occupations for not less than the 2 years immediately preceding the date of the application, with the name and address of each employer, if any. (3) Prior criminal history, if any.

2. The Commissioner may require the submission of such other information as may be required to determine the applicant's qualifications for the license for which the applicant applied.

3. The applicant must verify his or her application. An applicant for a license under this chapter shall not knowingly misrepresent or withhold any fact or information called for in the application form or in connection therewith.

4. Each applicant must, as part of his or her application and at the applicant's own expense: (a) Arrange to have a complete set of his or her fingerprints taken by a law enforcement agency or other authorized entity acceptable to the Commissioner; and (b) Submit to the Commissioner: (1) A completed fingerprint card and written permission authorizing the Commissioner to submit the applicant's fingerprints to the Central Repository for Nevada Records of Criminal History for submission to the Federal Bureau of Investigation for a report on the applicant's background and to such other law enforcement agencies as the Commissioner deems necessary; or (2) Written verification, on a form prescribed by the Commissioner, stating that the fingerprints of the applicant were taken and directly forwarded electronically or by another means to the Central Repository and that the applicant has given written permission to the law enforcement agency or other authorized entity taking the fingerprints to submit the fingerprints to the Central Repository for submission to the Federal Bureau of Investigation for a report on the applicant's background and to such other law enforcement agencies as the Commissioner deems necessary.

5. The Commissioner may: (a) Unless the applicant's fingerprints are directly forwarded pursuant to subparagraph (2) of paragraph (b) of subsection 4, submit those fingerprints to the Central Repository for submission to the Federal Bureau of Investigation and to such other law enforcement agencies as the Commissioner deems necessary; (b) Request from each such agency any information regarding the applicant's background as the Commissioner deems necessary; and (c) Adopt regulations concerning the procedures for obtaining this information.
Nev. Rev. Stat. § 688C.137 — NV Code / Title 57 / Chapter 688C / Section 688C.137
“Viatical settlement purchase agreement” defined
Status: in_force

“ Viatical settlement purchase agreement ” means a contract or agreement to which the viator is not a party, and which is entered into by a purchaser of viatical settlements to purchase a life insurance policy or an interest in a life insurance policy for the purpose of deriving an economic benefit.
Nev. Rev. Stat. § 690D.045 — NV Code / Title 57 / Chapter 690D / Section 690D.045
“Finance agreement” defined
Status: in_force

“ Finance agreement ” means:

1. A loan made to the buyer of a vehicle for the purpose of financing the purchase of the vehicle and that is secured by the vehicle.

2. A lease between a long-term lessee and a long-term lessor.

3. A retail installment contract, as defined in NRS 97.105 , for the purchase of a vehicle.
Nev. Rev. Stat. § 691E.100 — NV Code / Title 57 / Chapter 691E / Section 691E.100
“Offer and disseminate” defined
Status: in_force

“ Offer and disseminate ” means the provision of general information, including, without limitation, a description of coverage and price, as well as the processing of applications and the collection of premiums.
Nev. Rev. Stat. § 692C.077 — NV Code / Title 57 / Chapter 692C / Section 692C.077
“ORSA Guidance Manual” defined
Status: in_force

“ ORSA Guidance Manual ” means the current version of the NAIC Own Risk and Solvency Assessment (ORSA) Guidance Manual developed and adopted by the NAIC, as amended. A change in the ORSA Guidance Manual is effective on the first day of January following the calendar year in which the changes were adopted by the NAIC.
Nev. Rev. Stat. § 679B.159 — NV Code / Title 57 / Chapter 679B / Section 679B.159
Report of violation to Commissioner; confidentiality of report
Status: in_force

1. Every insurer, agent, solicitor, broker, administrator or other person who has knowledge of a violation of any provision of this Code shall promptly report the facts and circumstances pertaining to the violation to the Commissioner.

2. Except as otherwise provided in NRS 239.0115 , if a person who submits information pursuant to subsection 1 so requests, the Commissioner shall keep the person's name and the information confidential.
Nev. Rev. Stat. § 695C.350 — NV Code / Title 57 / Chapter 695C / Section 695C.350
Violations: Remedies; penalties
Status: in_force

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 more than $2,500 for each act or violation, if reasonable notice in writing is given of the intent to levy the penalty.

2. Any person who violates the provisions of this chapter is guilty of a misdemeanor.

3. If the Commissioner for any reason has cause to believe that any violation of this chapter has occurred or is threatened, the Commissioner may give notice to the health maintenance organization and to the representatives, or other persons who appear to be involved in the suspected violation, to arrange a conference with the alleged violators or their authorized representatives to attempt to determine the facts relating to the suspected violation, and, if it appears that any violation has occurred or is threatened, to arrive at an adequate and effective means of correcting or preventing the violation.

4. The proceedings conducted pursuant to the provisions of subsection 3 must not be governed by any formal procedural requirements, and may be conducted in such manner as the Commissioner may deem appropriate under the circumstances.

5. The Commissioner may issue an order directing a health maintenance organization or a representative of a health maintenance organization to cease and desist from engaging in any act or practice in violation of the provisions of this chapter.

6. Within 30 days after service of the order to cease and desist, the respondent may request a hearing on the question of whether acts or practices in violation of this chapter have occurred. The hearing must be conducted pursuant to the provisions of chapter 233B of NRS and judicial review must be available as provided therein.

7. In the case of any violation of the provisions of this chapter, if the Commissioner elects not to issue a cease and desist order, or in the event of noncompliance with a cease and desist order issued pursuant to subsection 5, the Commissioner may institute a proceeding to obtain injunctive relief, or seek other appropriate relief in the district court of the judicial district of the county in which the violator resides.
Nev. Rev. Stat. § 685A.039 — NV Code / Title 57 / Chapter 685A / Section 685A.039
“Surplus lines insurance” defined
Status: in_force

“ Surplus lines insurance ” means insurance procured by an insured through a broker with a nonadmitted insurer eligible to accept such insurance.
Nev. Rev. Stat. § 690C.330 — NV Code / Title 57 / Chapter 690C / Section 690C.330
Civil penalty for violation of chapter or order or regulation of Commissioner
Status: in_force

A person who violates any provision of this chapter or an order or regulation of the Commissioner issued or adopted pursuant thereto may be assessed a civil penalty by the Commissioner of not more than $500 for each act or violation, not to exceed an aggregate amount of $10,000 for violations of a similar nature. For the purposes of this section, violations shall be deemed to be of a similar nature if the violations consist of the same or similar conduct, regardless of the number of times the conduct occurred.
Nev. Rev. Stat. § 695H.150 — NV Code / Title 57 / Chapter 695H / Section 695H.150
Records: Maintenance, retention and storage
Status: in_force

1. A medical discount plan must maintain records of the transactions governed by this chapter. The records must include: (a) A copy of each type of contract that the medical discount plan issues, sells or offers for sale; (b) The name and address of each member of the medical discount plan; (c) A copy of each contract that the medical discount plan enters into with providers of health care for purposes of providing members with health care or medical services at a discount; and (d) A copy of the annual certification of net worth and supporting documentation.

2. Except as otherwise provided in this subsection, each medical discount plan must retain all records for at least 7 years. A medical discount plan which intends to discontinue doing business in this State must provide the Commissioner with satisfactory proof that it has discharged its duties to the members in this State and must not destroy its records without the prior approval of the Commissioner.

3. The records required to be maintained pursuant to this section may be stored on a computer disc or other storage device for a computer from which the records may be readily printed.
Nev. Rev. Stat. § 686A.085 — NV Code / Title 57 / Chapter 686A / Section 686A.085
Bank prohibited from requiring customers to purchase insurance from parent, subsidiary or affiliate of bank
Status: in_force

A bank shall not in any manner extend credit, lease or sell property of any kind, or furnish any services, or fix or vary the consideration for any of them, on the condition or requirement that the customer purchase insurance from a parent, subsidiary or affiliate of the bank. For the purposes of this section, the terms “affiliate,” “parent” and “subsidiary” have the meanings ascribed to them in NRS 683A.231 .
Nev. Rev. Stat. § 680A.180 — NV Code / Title 57 / Chapter 680A / Section 680A.180
Continuance, expiration and reinstatement of certificate of authority
Status: in_force

1. A certificate of authority continues in force as long as the insurer is entitled thereto under this Code, and until suspended or revoked by the Commissioner or terminated at the insurer's request, if, each year, the insurer: (a) Pays on or before March 1 the continuation fee provided in NRS 680B.010 and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110 ; (b) Files its annual statement for the next preceding calendar year as required by NRS 680A.270 ; and (c) Pays, if required, the premium taxes for the preceding calendar year.

2. If not so continued by the insurer, its certificate of authority expires at midnight on the May 31 next following such failure of the insurer to continue it in force, unless earlier revoked for failure to pay taxes as provided in NRS 680A.190 . The Commissioner shall promptly notify the insurer of the occurrence of any failure resulting in the impending expiration of its certificate of authority.

3. The Commissioner may, upon the insurer's request made within 3 months after expiration, reinstate a certificate of authority which the insurer has inadvertently permitted to expire, after the insurer has fully cured all its failures which resulted in the expiration, and upon payment by the insurer of the fee for reinstatement specified in subsection 1 of NRS 680B.010 . Otherwise, the insurer may be granted another certificate of authority only after filing an application therefor and meeting all other requirements for an original certificate of authority in this state.
Nev. Rev. Stat. § 689C.1947 — NV Code / Title 57 / Chapter 689C / Section 689C.1947
Plan covering anatomical gifts, organ transplants or treatments or services related to organ transplants: Prohibited acts by carrier if insured is person with disability
Status: in_force

1. A carrier that offers or issues a health benefit plan that includes coverage for anatomical gifts, organ transplants or treatments or services related to an organ transplant shall not: (a) Deny, limit or seek reimbursement from an insured for care related to an organ transplant because the insured is a person with a disability; (b) Deny a person with a disability eligibility or continued eligibility to enroll or renew coverage to avoid providing coverage in accordance with this section; (c) Reduce or limit the reimbursement of or otherwise penalize a provider of medical or related services because the provider of medical or related services acted in accordance with NRS 460.160 ; or (d) Provide monetary or nonmonetary incentives for a provider of medical or related services to induce the provider of medical or related services to provide care to an insured in a manner inconsistent with NRS 460.160 .

2. As used in this section: (a) “Anatomical gift” has the meaning ascribed to it in NRS 451.513 . (b) “Disability” has the meaning ascribed to it in 42 U.S.C. § 12102(1) . (c) “Provider of medical or related services” has the meaning ascribed to it in NRS 460.160 .
Nev. Rev. Stat. § 695B.330 — NV Code / Title 57 / Chapter 695B / Section 695B.330
Definitions
Status: in_force

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 chapter.

2. “Corporation” means a corporation organized pursuant to this chapter.

3. “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 or all of the cost of medical care rendered on behalf of indigent persons.

4. “Order for medical coverage” means an order of a court or administrative tribunal to provide coverage under a contract to a child pursuant to the provisions of 42 U.S.C. § 1396g-1 .
Nev. Rev. Stat. § 687B.605 — NV Code / Title 57 / Chapter 687B / Section 687B.605
“Covered person” defined
Status: in_force

“ Covered person ” means a policyholder, subscriber, enrollee or other person participating in a network plan.
Nev. Rev. Stat. § 690A.077 — NV Code / Title 57 / Chapter 690A / Section 690A.077
Policies and certificates of insurance: Contents; delivery
Status: in_force

1. All consumer credit insurance must be evidenced by an individual policy or a group certificate that is delivered to the debtor.

2. The individual policy or group certificate must, in addition to other requirements of law, include: (a) The name and address of the home office of the insurer; (b) The name of each debtor or, on a certificate of insurance, the identity by name or otherwise of each debtor; (c) The amount of the premium or payment of the debtor stated separately for each type of coverage or as a package or, for open-end credit, the premium rate, basis of the calculation of premiums and balance to which the premium rate applies; (d) A complete description of the coverage or coverages, including the amount, term and any exceptions, limitations and exclusions of coverage; (e) A statement that all benefits must be paid to the creditor to reduce or extinguish the unpaid debt and that if the benefits exceed the unpaid debt, any excess benefit must be paid to the debtor, to a beneficiary, other than the creditor, named by the debtor or to the estate of the debtor; and (f) If the scheduled term of the insurance is less than the scheduled term of the credit transaction, a statement indicating that fact set forth on the face of the individual policy or certificate of insurance in not less than 10-point bold type.

3. The insurer shall deliver the individual policy or group certificate to the debtor upon acceptance of insurance by the insurer and not more than 30 days after the debtor elects to purchase the insurance. An individual policy or group certificate related to open-end credit or consumer credit insurance that is requested by the debtor after the date of the credit transaction to which it is related shall be deemed to have been delivered at the time the debtor elected to purchase insurance if the actual delivery is made not more than 30 days after the date on which the insurer accepts the insurance.
Nev. Rev. Stat. § 687B.150 — NV Code / Title 57 / Chapter 687B / Section 687B.150
Requirement for making any portion of charter, bylaws or certain other documents of insurer part of contract
Status: in_force

1. No policy shall contain any provision purporting to make any portion of the charter, bylaws or other constituent document of the insurer (other than the subscriber's agreement or power of attorney of a reciprocal insurer) a part of the contract unless such portion is set forth in full in the policy.

2. Any policy provision in violation of this section is invalid.
Nev. Rev. Stat. § 689B.330 — NV Code / Title 57 / Chapter 689B / Section 689B.330
Insurer required to authorize enrollment of child of parent who is required by order to provide medical coverage for child in certain circumstances
Status: in_force

If a parent is required by an order for medical coverage to provide coverage under a group health policy for a child and the parent is eligible for coverage of members of his or her family under a group health policy, the insurer that issued the policy:

1. Shall, if the child is otherwise eligible for that coverage, allow the parent to enroll the child in that coverage without regard to any restrictions upon periods for enrollment.

2. Shall, if: (a) The child is otherwise eligible for that coverage; and (b) The parent is enrolled in that coverage but fails to apply for enrollment of the child, enroll the child in that coverage upon application by the other parent of the child, or by an agency of this or another state responsible for the administration of Medicaid or a state program for the enforcement of child support established pursuant to 42 U.S.C. §§ 651 et seq., without regard to any restrictions upon periods for enrollment.

3. Shall not terminate the enrollment of the child in that coverage or otherwise eliminate that coverage of the child unless the insurer has written proof that: (a) The order for medical coverage is no longer in effect; or (b) The child is or will be enrolled in comparable coverage through another insurer on or before the effective date of the termination of enrollment or elimination of coverage.
Nev. Rev. Stat. § 691C.160 — NV Code / Title 57 / Chapter 691C / Section 691C.160
“Identifiable charge” defined
Status: in_force

“ Identifiable charge ” means a charge for credit personal property insurance that is made to debtors who have that insurance and not made to debtors who do not have that insurance. The term includes a charge for insurance that is disclosed in the credit agreement or other instrument furnished to the debtor which sets forth the financial elements of the credit transaction and any difference in the finance, interest, service or other similar charge made to debtors who are in similar circumstances except for the insured or noninsured status of the debtor.
Nev. Rev. Stat. § 691C.300 — NV Code / Title 57 / Chapter 691C / Section 691C.300
Individual policy or certificate of insurance: Required as proof of insurance; contents; required statement for insurance related to open-end credit
Status: in_force

1. All credit personal property insurance must be evidenced by an individual policy or a certificate of insurance that is delivered to the debtor.

2. The individual policy or certificate of insurance must, in addition to other requirements of law, include: (a) The name and address of the home office of the insurer; (b) The name of each debtor or, on a certificate of insurance, the identity by name or otherwise of each debtor; (c) The amount of the premium or payment of the debtor or, for open-end credit, the premium rate, basis of the calculation of premiums and balance to which the premium rate applies; (d) A complete description of the coverage or coverages, including the amount, term and any exceptions, limitations and exclusions of coverage; (e) A statement that all benefits must be paid to the creditor to reduce or extinguish the unpaid debt or to repair or replace the property and that if the benefits exceed the unpaid debt, any excess benefit must be paid to the debtor; (f) If the scheduled term of the insurance is less than the scheduled term of the credit transaction, a statement indicating that fact set forth on the face of the individual policy or certificate of insurance in not less than 10-point bold type; and (g) If the policy is related to open-end credit, a statement that the debtor will, at least once each year, receive the statement as required pursuant to subsection 3.

3. For credit personal property insurance related to open-end credit, the creditor must provide to the debtor at least once each year with the account statement a statement in the following form in at least 12-point type: You are paying a premium for credit personal property insurance based on the outstanding balance of this account. You may cancel this coverage at any time by calling the insurer during business hours at the telephone number provided to you or by writing to the insurer. You are being charged a premium that may be based on subjects for which a claim cannot be made, such as services, meals or other consumables, entertainment, finance or service fees, loan interest, delivery charges or other insurance premiums.
Nev. Rev. Stat. § 688B.090 — NV Code / Title 57 / Chapter 688B / Section 688B.090
Misstatement of age
Status: in_force

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 a person insured has been misstated, such provision to contain a clear statement of the method of adjustment to be used.
Nev. Rev. Stat. § 681A.022 — NV Code / Title 57 / Chapter 681A / Section 681A.022
“Continuous care coverage” defined
Status: in_force

“ Continuous care coverage ” is the issuance of a policy of insurance for workers' compensation, as described in paragraph (c) of subsection 1 of NRS 681A.020 , issued jointly with and supplemental to a policy for health insurance, as defined in NRS 681A.030 , by one or more insurers covering the same employer for the same policy period.
Nev. Rev. Stat. § 683A.020 — NV Code / Title 57 / Chapter 683A / Section 683A.020
Definitions
Status: in_force

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 sections.
Nev. Rev. Stat. § 689B.0376 — NV Code / Title 57 / Chapter 689B / Section 689B.0376
Required provision in policy covering prescription drugs or devices concerning coverage of hormone replacement therapy in certain circumstances; prohibited acts; exception
Status: in_force

1. An insurer that offers or issues a policy of group health insurance which provides coverage for prescription drugs or devices shall include in the policy coverage for any type of hormone replacement therapy which is lawfully prescribed or ordered and which has been approved by the Food and Drug Administration.

2. An insurer that offers or issues a policy of group health insurance that provides coverage for prescription drugs shall not: (a) Require an insured to pay a higher deductible, any copayment or coinsurance or require a longer waiting period or other condition for coverage for a prescription for hormone replacement therapy; (b) Refuse to issue a policy of group health insurance or cancel a policy of group health insurance solely because the person applying for or covered by the policy uses or may use in the future hormone replacement therapy; (c) Offer or pay any type of material inducement or financial incentive to an insured to discourage the insured from accessing hormone replacement therapy; (d) Penalize a provider of health care who provides hormone replacement therapy to an insured, including, without limitation, reducing the reimbursement of the provider of health care; or (e) Offer or pay any type of material inducement, bonus or other financial incentive to a provider of health care to deny, reduce, withhold, limit or delay hormone replacement therapy to an insured.

3. A policy subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after October 1, 1999, has the legal effect of including the coverage required by subsection 1, and any provision of the policy or the renewal which is in conflict with this section is void.

4. The provisions of this section do not require an insurer to provide coverage for fertility drugs.

5. As used in this section, “provider of health care” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 689B.0397 — NV Code / Title 57 / Chapter 689B / Section 689B.0397
Reimbursement for treatment by licensed clinical alcohol and drug counselor
Status: in_force

If any policy of group health insurance provides coverage for treatment of an illness which is within the authorized scope of practice of a licensed clinical alcohol and drug counselor, the insured is entitled to reimbursement for treatment by a clinical alcohol and drug counselor who is licensed pursuant to chapter 641C of NRS unless the clinical alcohol and drug counselor must be directly reimbursed pursuant to:

1. An assignment of benefits described in NRS 687B.409 ; or

2. Any other applicable assignment of benefits.
Nev. Rev. Stat. § 687A.160 — NV Code / Title 57 / Chapter 687A / Section 687A.160
Proceedings involving insolvent insurer: Stay; access by Association to records of insurer
Status: in_force

1. Subject to waiver by the Association in specific cases involving covered claims, all proceedings in which the insolvent insurer is a party, or is obligated to defend a party, in any court in this State must be stayed until the last day fixed by the court for the filing of claims and for such additional time thereafter as may be determined by the court from the date the insolvency is determined or an ancillary proceeding is instituted in this State, whichever is later, to permit proper defense by the Association of all pending causes of action.

2. The liquidator, receiver or statutory successor of an insolvent insurer governed by this chapter shall permit access by the Association or its authorized representative to the insolvent insurer's records which are necessary for the Association in carrying out its functions under this chapter with regard to covered claims. In addition, the liquidator, receiver or statutory successor shall provide the Association or its representative with copies of such records upon request by the Association and at the expense of the Association.
Nev. Rev. Stat. § 695A.500 — NV Code / Title 57 / Chapter 695A / Section 695A.500
Examination of societies transacting or applying to transact business in State
Status: in_force

The Commissioner, or any person the Commissioner may appoint, may examine any domestic, foreign or alien society which is transacting business or applying for admission to transact business in this state in the same manner as authorized for the examination of domestic, foreign or alien insurers. For the purposes of this section, the provisions of NRS 679B.230 to 679B.300 , inclusive, are applicable to societies.
Nev. Rev. Stat. § 679B.100 — NV Code / Title 57 / Chapter 679B / Section 679B.100
Prohibited interests of Commissioner, deputy or employee; penalty
Status: in_force

1. The Commissioner, his or her deputy or any examiner, assistant or employee of the Division shall not be connected with the management or be a stockholder, or be otherwise financially interested in any insurer, insurance holding company or its parent, subsidiaries or affiliates, insurance agency or broker, insurance trade association, premium finance company, adjuster or other licensee under this Code, or be pecuniarily interested in any insurance transaction except as a policyholder or claimant under a policy, except that as to matters wherein a conflict of interests does not exist on the part of any such person, the Commissioner may employ or retain from time to time insurance actuaries, examiners, accountants, attorneys or other technicians who are independently practicing their professions even though from time to time similarly employed or retained by insurers or others.

2. Subsection 1 does not prohibit: (a) Receipt by any such person of fully vested commissions or fully vested retirement benefits to which he or she is entitled by reason of services performed before becoming Commissioner or before employment by the Commissioner; (b) Investment in shares of regulated diversified investment companies; or (c) Mortgage loans made under customary terms and in the ordinary course of business.

3. Any person knowingly violating this section is guilty of a misdemeanor.
Nev. Rev. Stat. § 695B.251 — NV Code / Title 57 / Chapter 695B / Section 695B.251
Group subscriber contracts required to contain provision for conversion to individual contracts; exceptions
Status: in_force

1. Except as otherwise provided in the provisions of this section, NRS 689B.340 to 689B.580 , inclusive, and chapter 689C of NRS relating to the portability and availability of health insurance, all group subscriber contracts delivered or issued for delivery in this state providing for hospital, surgical or major medical coverage, or any combination of these coverages, on a service basis or an expense-incurred basis, or both, must contain a provision that the employee or member is entitled to have issued to him or her a subscriber contract of health coverage when the employee or member is no longer covered by the group subscriber contract.

2. The requirement in subsection 1 does not apply to contracts providing benefits only for specific diseases or accidental injuries.

3. If an employee or member was a recipient of benefits under the coverage provided pursuant to NRS 695B.1944 , the employee or member is not entitled to have issued to him or her by a replacement insurer a subscriber contract of health coverage unless the employee or member has reported for his or her normal employment for a period of 90 consecutive days after last being eligible to receive any benefits under the coverage provided pursuant to NRS 695B.1944 .
Nev. Rev. Stat. § 695G.150 — NV Code / Title 57 / Chapter 695G / Section 695G.150
Authorization of recommended and covered health care services required
Status: in_force

Each managed care organization shall authorize coverage of a health care service that has been recommended for the insured by a provider of health care acting within the scope of his or her practice if that service is covered by the health care plan of the insured, unless:

1. The decision not to authorize coverage is made by a physician who: (a) Is licensed to practice medicine in the State of Nevada pursuant to chapter 630 or 633 of NRS ; (b) Possesses the education, training and expertise to evaluate the medical condition of the insured; and (c) Has reviewed the available medical documentation, notes of the attending physician, test results and other relevant medical records of the insured. The physician may consult with other providers of health care in determining whether to authorize coverage.

2. The decision not to authorize coverage and the reason for the decision have been transmitted in writing in a timely manner to the insured, the provider of health care who recommended the service and the primary care physician of the insured, if any.
Nev. Rev. Stat. § 690B.012 — NV Code / Title 57 / Chapter 690B / Section 690B.012
Claims: Approval or denial; request for additional information or time; payment; interest on unpaid claim
Status: in_force

1. Except as otherwise provided in subsections 2, 3 and 4, an insurer shall approve or deny a claim of its insured relating to a contract of casualty insurance within 30 days after the insurer receives the claim. If the claim is approved, the insurer shall pay the claim within 30 days after it is approved. If the approved claim is not paid within that period, the insurer shall pay interest on the claim at the rate of interest established pursuant to NRS 99.040 . The interest must be calculated from the date the payment is due until the claim is paid.

2. If the insurer requires additional information or time to determine whether to approve or deny a claim, it shall notify the policyholder of its request for the additional information or time within 20 days after it receives the policyholder's claim, and at least once every 30 days thereafter, until the claim is approved or denied. The notice must set forth the reason why the additional information or time is required.

3. The insurer shall approve or deny the claim within: (a) Thirty days after it receives the additional information; or (b) Thirty-one days after the last timely notice was provided pursuant to subsection 2, whichever is later.

4. If the claim is approved, the insurer shall pay the claim within 30 days after it is approved. If the approved claim is not paid within that period, the insurer shall pay interest on the claim in the manner prescribed in subsection 1.
Nev. Rev. Stat. § 695G.070 — NV Code / Title 57 / Chapter 695G / Section 695G.070
“Provider of health care” defined
Status: in_force

“ Provider of health care ” means:

1. A physician or other health care practitioner who is licensed or otherwise authorized in this State to furnish any health care service; and

2. An institution providing health care services or other setting in which health care services are provided, including, without limitation, a hospital, surgical center for ambulatory patients, facility for skilled nursing, residential facility for groups, laboratory and any other such licensed facility.
Nev. Rev. Stat. § 681A.1556 — NV Code / Title 57 / Chapter 681A / Section 681A.1556
Certified reinsurer: Applicant certified in certain jurisdictions may be deemed by Commissioner to be certified in Nevada
Status: in_force

If an applicant for certification has been certified as a reinsurer in a National Association of Insurance Commissioners accredited jurisdiction, the Commissioner has the discretion to defer to that jurisdiction's certification, and has the discretion to defer to the rating assigned by that jurisdiction, and such assuming insurer shall be considered to be certified in this State.
Nev. Rev. Stat. § 695J.120 — NV Code / Title 57 / Chapter 695J / Section 695J.120
Application for certificate as exchange enrollment facilitator: Form; fingerprints; period of validity of certificate
Status: in_force

1. The Commissioner shall prescribe the form for application for a certificate as an exchange enrollment facilitator. The form must require the applicant to declare, under penalty of refusal to issue, or suspension or revocation of, the certificate of the applicant, that the statements made in the application are true, correct and complete to the best of his or her knowledge and belief.

2. Before approving an application, the Commissioner must find that the applicant: (a) Meets the requirements of NRS 695J.110 . (b) Has not committed any act that is a ground for refusal to issue, or suspension or revocation of a certificate pursuant to NRS 683A.451 . (c) Paid all applicable fees prescribed pursuant to NRS 695J.110 . (d) Meets the requirements of subsections 3 and 5.

3. An applicant must, as part of his or her application and at the applicant's own expense: (a) Arrange to have a complete set of his or her fingerprints taken by a law enforcement agency or other authorized entity acceptable to the Commissioner; and (b) Submit to the Commissioner: (1) A completed fingerprint card and written permission authorizing the Commissioner to submit the applicant's fingerprints to the Central Repository for Nevada Records of Criminal History for submission to the Federal Bureau of Investigation for a report on the applicant's background and to such other law enforcement agencies as the Commissioner deems necessary; or (2) Written verification, on a form prescribed by the Commissioner, stating that the fingerprints of the applicant were taken and directly forwarded electronically or by another means to the Central Repository and that the applicant has given written permission to the law enforcement agency or other authorized entity taking the fingerprints to submit the fingerprints to the Central Repository for submission to the Federal Bureau of Investigation for a report on the applicant's background and to such other law enforcement agencies as the Commissioner deems necessary.

4. The Commissioner may: (a) Unless the applicant's fingerprints are directly forwarded pursuant to subparagraph (2) of paragraph (b) of subsection 3, submit those fingerprints to the Central Repository for submission to the Federal Bureau of Investigation and to such other law enforcement agencies as the Commissioner deems necessary; (b) Request from each such agency any information regarding the applicant's background as the Commissioner deems necessary; and (c) Adopt regulations concerning the procedures for obtaining the information described in paragraph (b).

5. The Commissioner may require from the applicant any document reasonably necessary to verify information contained in an application.

6. Except as otherwise provided in NRS 695J.250 , a certificate issued pursuant to this chapter is valid for 3 years after the date of issuance unless it is suspended, revoked or otherwise terminated.
Nev. Rev. Stat. § 681A.216 — NV Code / Title 57 / Chapter 681A / Section 681A.216
Limitations on agreements regarding security or other terms
Status: in_force

Nothing in NRS 681A.211 to 681A.2165 , inclusive, limits or in any way alters the capacity of a party to a reinsurance agreement to agree on requirements for security or other terms in that reinsurance agreement, except as expressly prohibited by NRS 681A.110 to 681A.240 , inclusive, or other applicable law.
Nev. Rev. Stat. § 684A.200 — NV Code / Title 57 / Chapter 684A / Section 684A.200
Nonresident licensees: Service of process; agreement to appear
Status: in_force

Nonresidents of this state who are granted licenses as adjusters pursuant to NRS 684A.070 are also subject to NRS 683A.281 .
Nev. Rev. Stat. § 686B.119 — NV Code / Title 57 / Chapter 686B / Section 686B.119
Notice to policyholders by insurer of material change in premiums based upon change in zip code of policyholder by United States Postal Service; regulations
Status: in_force

Each insurer shall notify its policyholders, in a manner which the Commissioner shall prescribe by regulation, if the policyholders' premiums for insurance will be materially increased or decreased because the zip code assigned to the address of the policyholder is changed by the United States Postal Service.
Nev. Rev. Stat. § 695H.060 — NV Code / Title 57 / Chapter 695H / Section 695H.060
“Provider of health care” defined
Status: in_force

“Provider of health care” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 682A.440 — NV Code / Title 57 / Chapter 682A / Section 682A.440
Foreign investments
Status: in_force

Subject to the limitations of NRS 682A.402 , 682A.404 and 682A.406 , an insurer may acquire foreign investments, or engage in investment practices with persons of or in foreign jurisdictions, of substantially the same type as those that an insurer is allowed to acquire pursuant to this chapter, other than of the type allowed under NRS 682A.410 if, as a result of and after giving effect to the investments:

1. The aggregate amount of foreign investments held by the insurer in accordance with this section does not exceed 20 percent of its admitted assets; and

2. The aggregate amount of foreign investments held by the insurer in accordance with this section in a single foreign jurisdiction does not exceed 10 percent of its admitted assets as to a foreign jurisdiction that has a sovereign debt rating of SVO 1 or 3 percent of its admitted assets as to any other foreign jurisdiction.
Nev. Rev. Stat. § 692A.113 — NV Code / Title 57 / Chapter 692A / Section 692A.113
Notification of change of name or location of business; reissuance of license to escrow officer who transfers association; penalties
Status: in_force

1. A title agent or title insurer shall notify the Division in writing within 10 days after any change in the name or the location of the business of the agent or insurer or any change of association by the holder of a license as an escrow officer. Upon the surrender of the existing license and payment of the required fee, the Division shall issue a new license to the agent or insurer for the unexpired term of the license.

2. An escrow officer who transfers his or her association must apply to the Division for the reissuance of his or her license. The Division shall reissue the license for the unexpired term upon application and payment of the required fee if: (a) The transfer is into an association with a licensed title agent or title insurer; and (b) The agent or insurer certifies that the escrow officer is employed or will be employed by the agent or insurer.

3. Failure to give notice as required by this section constitutes cause for the imposition of a fine not to exceed $500 against the licensee or the suspension or revocation of his or her license.
Nev. Rev. Stat. § 687B.225 — NV Code / Title 57 / Chapter 687B / Section 687B.225
Requirements for contracts for payment of cost of medical or dental care which require prior authorization of care
Status: in_force

1. Except as otherwise provided in NRS 689A.0405 , 689A.0412 , 689A.0413 , 689A.0418 , 689A.0437 , 689A.044 , 689A.0445 , 689A.0459 , 689B.031 , 689B.0312 , 689B.0313 , 689B.0315 , 689B.0317 , 689B.0319 , 689B.0374 , 689B.0378 , 689C.1665 , 689C.1671 , 689C.1675 , 689C.1676 , 695A.1843 , 695A.1856 , 695A.1865 , 695A.1874 , 695B.1912 , 695B.1913 , 695B.1914 , 695B.1919 , 695B.19197 , 695B.1924 , 695B.1925 , 695B.1942 , 695C.1696 , 695C.1699 , 695C.1713 , 695C.1735 , 695C.1737 , 695C.1743 , 695C.1745 , 695C.1751 , 695G.170 , 695G.1705 , 695G.171 , 695G.1714 , 695G.1715 , 695G.1719 and 695G.177 , any contract for group, blanket or individual health insurance or any contract by a nonprofit hospital, medical or dental service corporation or organization for dental care which provides for payment of a certain part of medical or dental care may require the insured or member to obtain prior authorization for that care from the insurer or organization. The insurer or organization shall: (a) File its procedure for obtaining approval of care pursuant to this section for approval by the Commissioner; and (b) Unless a shorter time period is prescribed by a specific statute, including, without limitation, NRS 689A.0446 , 689B.0361 , 689C.1688 , 695A.1859 , 695B.19087 , 695C.16932 and 695G.1703 , respond to any request for approval by the insured or member pursuant to this section within 20 days after it receives the request.

2. The procedure for prior authorization may not discriminate among persons licensed to provide the covered care.
Nev. Rev. Stat. § 682A.123 — NV Code / Title 57 / Chapter 682A / Section 682A.123
“Investment subsidiary” defined
Status: in_force

“ Investment subsidiary ” means a subsidiary of an insurer engaged or organized to engage exclusively in the ownership and management of assets authorized as investments for the insurer where the subsidiary limits its investment in any asset so that its investments will not cause the amount of the total investment of the insurer to exceed any of the investment limitations or avoid any other provisions of this chapter applicable to the insurer. As used in this section, “ total investment of the insurer ” includes:

1. Direct investment by the insurer in an asset; and

2. The insurer's proportionate share of an investment in an asset by an investment subsidiary of the insurer, calculated by multiplying the amount of the subsidiary's investment by the percentage of the insurer's ownership interest in the subsidiary.
Nev. Rev. Stat. § 684A.210 — NV Code / Title 57 / Chapter 684A / Section 684A.210
Suspension, revocation or limitation of or refusal to continue license: Grounds
Status: in_force

1. The Commissioner may suspend, revoke, limit or refuse to continue any adjuster's license: (a) For any cause specified in any other provision of this chapter; (b) For any applicable cause for revocation of the license of a producer of insurance under NRS 683A.451 ; or (c) If the licensee has for compensation represented or attempted to represent both the insurer and the insured in the same transaction.

2. The license of a business entity may be suspended, revoked, limited or continuation refused for any cause which relates to any individual designated with respect to the license to exercise its powers.
Nev. Rev. Stat. § 689B.065 — NV Code / Title 57 / Chapter 689B / Section 689B.065
Policy issued to replace discontinued policy or coverage: Requirements; notice of reduction of benefits; statement of benefits; applicability of section
Status: in_force

1. A policy of group health insurance issued to replace any discontinued policy or coverage for group health insurance must: (a) Provide coverage for all persons who were covered under the previous policy or coverage on the date it was discontinued; and (b) Except as otherwise provided in subsection 2, provide benefits which are at least as extensive as the benefits provided by the previous policy or coverage, except that benefits may be reduced or excluded to the extent that such a reduction or exclusion was permissible under the terms of the previous policy or coverage, if that replacement policy is issued within 60 days after the date on which the previous policy or coverage was discontinued.

2. If an employer obtains a replacement policy pursuant to subsection 1 to cover the employees of the employer, any benefits provided by the previous policy or coverage may be reduced if notice of the reduction is given to the employees of the employer pursuant to NRS 608.1577 .

3. Any insurer which issues a replacement policy pursuant to subsection 1 may submit a written request to the insurer who provided the previous policy or coverage for a statement of benefits which were provided under that policy or coverage. Upon receiving such a request, the insurer who provided the previous policy or coverage shall give a written statement to the insurer providing the replacement policy which indicates what benefits were provided and what exclusions or reductions were in effect under the previous policy or coverage.

4. The provisions of this section: (a) Apply to a self-insured employer who provides health benefits to the employees of the employer and replaces those benefits with a policy of group health insurance. (b) Do not apply to the Public Employees' Benefits Program established pursuant to NRS 287.0402 to 287.049 , inclusive.
Nev. Rev. Stat. § 686A.310 — NV Code / Title 57 / Chapter 686A / Section 686A.310
Unfair practices in settling claims; liability of insurer for damages
Status: in_force

1. Engaging in any of the following activities is considered to be an unfair practice: (a) Misrepresenting to insureds or claimants pertinent facts or insurance policy provisions relating to any coverage at issue. (b) Failing to acknowledge and act reasonably promptly upon communications with respect to claims arising under insurance policies. (c) Failing to adopt and implement reasonable standards for the prompt investigation and processing of claims arising under insurance policies. (d) Failing to affirm or deny coverage of claims within a reasonable time after proof of loss requirements have been completed and submitted by the insured. (e) Failing to effectuate prompt, fair and equitable settlements of claims in which liability of the insurer has become reasonably clear. (f) Compelling insureds to institute litigation to recover amounts due under an insurance policy by offering substantially less than the amounts ultimately recovered in actions brought by such insureds, when the insureds have made claims for amounts reasonably similar to the amounts ultimately recovered. (g) Attempting to settle a claim by an insured for less than the amount to which a reasonable person would have believed he or she was entitled by reference to written or printed advertising material accompanying or made part of an application. (h) Attempting to settle claims on the basis of an application which was altered without notice to, or knowledge or consent of, the insured, or the representative, agent or broker of the insured. (i) Failing, upon payment of a claim, to inform insureds or beneficiaries of the coverage under which payment is made. (j) Making known to insureds or claimants a practice of the insurer of appealing from arbitration awards in favor of insureds or claimants for the purpose of compelling them to accept settlements or compromises less than the amount awarded in arbitration. (k) Delaying the investigation or payment of claims by requiring an insured or a claimant, or the physician of either, to submit a preliminary claim report, and then requiring the subsequent submission of formal proof of loss forms, both of which submissions contain substantially the same information. (l) Failing to settle claims promptly, where liability has become reasonably clear, under one portion of the insurance policy coverage in order to influence settlements under other portions of the insurance policy coverage. (m) Failing to comply with the provisions of NRS 687B.310 to 687B.390 , inclusive, or 687B.410 . (n) Failing to provide promptly to an insured a reasonable explanation of the basis in the insurance policy, with respect to the facts of the insured's claim and the applicable law, for the denial of the claim or for an offer to settle or compromise the claim. (o) Advising an insured or claimant not to seek legal counsel. (p) Misleading an insured or claimant concerning any applicable statute of limitations.

2. In addition to any rights or remedies available to the Commissioner, an insurer is liable to its insured for any damages sustained by the insured as a result of the commission of any act set forth in subsection 1 as an unfair practice.
Nev. Rev. Stat. § 686C.170 — NV Code / Title 57 / Chapter 686C / Section 686C.170
Liability for guaranty provided by laws of another state or jurisdiction
Status: in_force

The Association is not liable under NRS 686C.152 where a guaranty is provided to residents of this state by the laws of the domiciliary state or jurisdiction of the impaired or insolvent insurer other than this state.
Nev. Rev. Stat. § 679A.180 — NV Code / Title 57 / Chapter 679A / Section 679A.180
General penalty; penalty in addition to administrative discipline
Status: in_force

1. Unless the same is defined as a felony under any other law of this state, or punishment provided therefor classifies it otherwise, every violation of any provision of this Code is a misdemeanor.

2. Every penalty imposed by this Code shall be in addition to any applicable suspension, revocation or denial of a license or certificate of authority.
Nev. Rev. Stat. § 689C.670 — NV Code / Title 57 / Chapter 689C / Section 689C.670
“Individual health benefit plan” defined
Status: in_force

“ Individual health benefit plan ” means:

1. A health benefit plan, other than a converted policy or a plan for coverage of a bona fide association, for individuals and their dependents; and

2. A certificate issued to an individual that evidences coverage under a policy or contract issued to a trust, an association or other similar group of persons, other than a plan for coverage of a bona fide association, regardless of the situs of delivery of the policy or contract, if the eligible person pays the premium and is not being covered under the policy or contract pursuant to any provision for the continuation of benefits applicable under federal or state law.
Nev. Rev. Stat. § 692B.150 — NV Code / Title 57 / Chapter 692B / Section 692B.150
Bond; deposit in lieu of bond; waiver or release; exception
Status: in_force

1. Except as otherwise provided in this section, the Commissioner shall not issue a solicitation permit until the applicant has filed with the Commissioner a bond in favor of the State of Nevada, in the penal sum of $50,000 and issued by a surety insurer authorized to transact such insurance in this state.

2. The bond shall be conditioned upon: (a) The payment of costs incurred by the State of Nevada in the event of any proceeding for liquidation or dissolution of the proposed organization before completion or organization, or, if to be an insurer, a certificate of authority is not granted; (b) Compliance with terms of the permit and with applicable laws of this state; and (c) A full accounting for all funds received in transactions under the permit until the proposed insurer has been granted its certificate of authority or until the corporation, syndicate, association, firm or organization or financing has been completed within the terms of the permit.

3. In lieu of filing such a bond the applicant may deposit with the Commissioner cash in the amount of $50,000 or securities of the United States Government or of the State of Nevada in market value of at least $50,000, and the Commissioner shall hold such deposit in trust for the same purposes as apply to a bond under subsection 2. The amount so deposited may, in the Commissioner's discretion, be credited toward payment of subscriptions to securities by founders, promoters and incorporators if required under subparagraph (1) of paragraph (e) of subsection 2 of NRS 692B.110 , (terms of permit) but subject to such diminution of such credit as may result from actual application of the deposit to the purposes for which made.

4. The Commissioner may, in the discretion of the Commissioner, waive the requirement for a bond or deposit in lieu thereof if the securities are to be issued in connection with subsequent financing as provided for in NRS 692B.260 .

5. The Commissioner shall release and discharge the bond or deposit or remaining portion thereof held under this section upon settlement of all liabilities, if any, against it.

6. This section does not apply to solicitation of initial qualifying applications for insurance in a proposed domestic mutual insurer pursuant to NRS 692B.200 except as provided in NRS 692B.210 .
Nev. Rev. Stat. § 682A.432 — NV Code / Title 57 / Chapter 682A / Section 682A.432
Income-producing real estate
Status: in_force

1. An insurer may acquire, manage and dispose of real estate situated in a domestic jurisdiction either directly or indirectly through limited partnership interests and general partnership interests not otherwise prohibited by paragraph (d) of subsection 1 of NRS 682A.380 , joint ventures, stock of an investment subsidiary or membership interests in a limited-liability company, trust certificates or other similar instruments. The real estate must be income producing or intended for improvement or development for investment purposes under an existing program, in which case the real estate shall be deemed to be income producing.

2. The real estate may be subject to mortgages, liens or other encumbrances, the amount of which must, to the extent that the obligations secured by the mortgages, liens or encumbrances are without recourse to the insurer, be deducted from the amount of the investment of the insurer in the real estate for purposes of determining compliance with subsections 2 and 3 of NRS 682A.436 .
Nev. Rev. Stat. § 693A.150 — NV Code / Title 57 / Chapter 693A / Section 693A.150
Participating policies
Status: in_force

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 or contracts with or without participation in profits, savings, unabsorbed portions of premiums or surplus; (b) Classify policies issued and perils insured on a participating and nonparticipating basis; and (c) Determine the right to participate and the extent of participation of any class or classes of policies. Any such classification or determination shall be reasonable, and shall not unfairly discriminate as between policies so classified.

2. A life insurer may issue both participating and nonparticipating policies or contracts if the right or absence of the right to participate is reasonably related to the premium charged.

3. After the first policy year, no dividend, otherwise earned, shall be made contingent upon the payment of the renewal premium on any policy or contract; but a participating life or health insurance policy providing for participation at the end of the first or second policy year or the first and second policy year may provide that such dividend or dividends will be paid subject to payment of the premium for the next ensuing year.
Nev. Rev. Stat. § 682A.522 — NV Code / Title 57 / Chapter 682A / Section 682A.522
Acquisition of equity interests generally permissible
Status: in_force

Subject to the limitations of NRS 682A.512 , 682A.514 and 682A.516 , an insurer may acquire equity interests in business entities organized in accordance with the laws of any domestic jurisdiction.
Nev. Rev. Stat. § 689A.470 — NV Code / Title 57 / Chapter 689A / Section 689A.470
Definitions
Status: in_force

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.600 , inclusive, have the meanings ascribed to them in those sections.