Nev. Rev. Stat. § 687B.470 — NV Code / Title 57 / Chapter 687B / Section 687B.470
“Health benefit plan” defined
Status: in_force

1. As used in NRS 687B.470 to 687B.500 , inclusive, “ health benefit plan ” means a policy, contract, certificate or agreement offered by a carrier to provide for, deliver payment for, arrange for the payment of, pay for or reimburse any of the costs of health care services. Except as otherwise provided in this section, the term includes catastrophic health insurance policies and a policy that pays on a cost-incurred basis.

2. The term does not include: (a) Coverage that is only for accident or disability income insurance, or any combination thereof; (b) Coverage issued as a supplement to liability insurance; (c) Liability insurance, including general liability insurance and automobile liability insurance; (d) Workers' compensation or similar insurance; (e) Coverage for medical payments under a policy of automobile insurance; (f) Credit insurance; (g) Coverage for on-site medical clinics; (h) Other similar insurance coverage specified pursuant to the Health Insurance Portability and Accountability Act of 1996, Public Law 104-191 , under which benefits for medical care are secondary or incidental to other insurance benefits; (i) Coverage under a short-term health insurance policy which is: (1) Issued to provide coverage that does not result in an individual being covered by one or more short-term health insurance policies for more than 185 days in a 365-day period, but such coverage may be extended to provide coverage until the end of a period of hospitalization for a condition which the person covered by the policy is hospitalized on the day coverage would have otherwise ended; and (2) Nonrenewable or is extended to provide coverage for the period of hospitalization; and (j) Coverage under a blanket student accident and health insurance policy.

3. The term does not include the following benefits if the benefits are provided under a separate policy, certificate or contract of insurance or are otherwise not an integral part of a health benefit plan: (a) Limited-scope dental or vision benefits; (b) Benefits for long-term care, nursing home care, home health care or community-based care, or any combination thereof; and (c) Such other similar benefits as are specified in any federal regulations adopted pursuant to the Health Insurance Portability and Accountability Act of 1996, Public Law 104-191.

4. The term does not include the following benefits if the benefits are provided under a separate policy, certificate or contract, there is no coordination between the provisions of the benefits and any exclusion of benefits under any group health plan maintained by the same plan sponsor, and the benefits are paid for a claim without regard to whether benefits are provided for such a claim under any group health plan maintained by the same plan sponsor: (a) Coverage that is only for a specified disease or illness; and (b) Hospital indemnity or other fixed indemnity insurance.

5. The term does not include any of the following, if offered as a separate policy, certificate or contract of insurance: (a) Medicare supplemental health insurance as defined in section 1882(g)(1) of the Social Security Act, 42 U.S.C. § 1395ss , as that section existed on July 16, 1997; (b) Coverage supplemental to the coverage provided pursuant to the Civilian Health and Medical Program of Uniformed Services, TRICARE, 10 U.S.C. §§ 1071 et seq. ; and (c) Similar supplemental coverage provided under a group health plan.
Nev. Rev. Stat. § 695G.1707 — NV Code / Title 57 / Chapter 695G / Section 695G.1707
Required provision concerning coverage for testing, treatment and prevention of sexually transmitted diseases; required provision concerning coverage for condoms for certain insureds
Status: in_force

1. A managed care organization that offers or issues a health care plan shall include in the plan: (a) Coverage of testing for, treatment of and prevention of sexually transmitted diseases, including, without limitation, Chlamydia trachomatis , gonorrhea, syphilis, human immunodeficiency virus and hepatitis B and C, for all insureds, regardless of age. Such coverage must include, without limitation, the coverage required by NRS 695G.1705 and 695G.1714 . (b) Unrestricted coverage of condoms for insureds who are 13 years of age or older.

2. A health care plan subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 2024, has the legal effect of including the coverage required by subsection 1, and any provision of the plan that conflicts with the provisions of this section is void.
Nev. Rev. Stat. § 682A.149 — NV Code / Title 57 / Chapter 682A / Section 682A.149
“Obligation” defined
Status: in_force

“ Obligation ” means evidence of indebtedness for the payment of money or other consideration, whether constituting a general obligation of the issuer or payable only out of certain revenues or certain funds pledged or otherwise dedicated for payment. The term includes, without limitation, a bond, note, debenture, trust certificate, including an equipment certificate, production payment, negotiable bank certificate of deposit, banker's acceptance, credit tenant loan or loan secured by financing net leases.
Nev. Rev. Stat. § 687B.610 — NV Code / Title 57 / Chapter 687B / Section 687B.610
“Evidence of coverage” defined
Status: in_force

“ Evidence of coverage ” means any certificate, agreement or contract issued to a covered person by a health carrier setting forth the coverage to which the covered person is entitled pursuant to a network plan.
Nev. Rev. Stat. § 684A.105 — NV Code / Title 57 / Chapter 684A / Section 684A.105
Examination for license: Exemptions
Status: in_force

1. An adjuster whose license expires is exempt from retaking the examination required by NRS 684A.100 if: (a) The adjuster: (1) Is not a resident of this State; (2) Has passed an examination to become licensed as an adjuster in the person's home state; and (3) Is currently licensed and in good standing in the person's home state as an adjuster; or (b) The adjuster was licensed in this State as the same type of adjuster within the 24-month period immediately preceding the date of the application, unless the previous license was revoked or suspended or its continuation was refused by the Commissioner.

2. A person who applies for a license as an adjuster pursuant to NRS 684A.090 is exempt from taking the examination required by NRS 684A.100 if the person: (a) Is licensed as an adjuster in another state; (b) Establishes legal residency in this State; and (c) Submits an application for a license pursuant to NRS 684A.090 within 90 days after establishing legal residency in this State.
Nev. Rev. Stat. § 683A.0887 — NV Code / Title 57 / Chapter 683A / Section 683A.0887
Duty to disclose information relating to identity and relationship among insurer, administrator and insured and amount of premium or charge to insured; duty to disclose to insurer charges, fees and commissions received for provision of administrative services
Status: in_force

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

2. An administrator who seeks to collect premiums or charges shall clearly set forth in writing to the insured the amount of premium or charge set by the insurer for the insurance coverage and the reason for the collection of the premium or charge. Each charge must be set forth separately from the premium.

3. The administrator shall disclose to an insurer, in writing, all charges, fees and commissions the administrator receives in connection with the provision of administrative services for the insurer, including, without limitation, the fees and commissions paid by insurers providing reinsurance or excess of loss insurance.
Nev. Rev. Stat. § 686C.125 — NV Code / Title 57 / Chapter 686C / Section 686C.125
“Supplemental contract” defined
Status: in_force

“ Supplemental contract ” means a written agreement for the distribution of proceeds from a life or health insurance policy or contract or an annuity.
Nev. Rev. Stat. § 679B.440 — NV Code / Title 57 / Chapter 679B / Section 679B.440
Contents of reports
Status: in_force

1. The Commissioner may require that reports submitted pursuant to NRS 679B.430 include, without limitation, information regarding: (a) Liability insurance provided to: (1) Governmental agencies and political subdivisions of this State, reported separately for: (I) Cities and towns; (II) School districts; and (III) Other political subdivisions; (2) Public officers; (3) Establishments where alcoholic beverages are sold; (4) Facilities for the care of children; (5) Labor, fraternal or religious organizations; and (6) Officers or directors of organizations formed pursuant to title 7 of NRS, reported separately for nonprofit entities and entities organized for profit; (b) Liability insurance for: (1) Defective products; (2) Medical or dental malpractice of: (I) A practitioner licensed pursuant to chapter 630, 630A, 631, 632, 633, 634, 634A, 634B, 635, 636, 637, 637B, 639 or 640 of NRS or who holds a license or limited license issued pursuant to chapter 653 of NRS ; (II) A hospital or other health care facility; or (III) Any related corporate entity; (3) Malpractice of attorneys; (4) Malpractice of architects and engineers; and (5) Errors and omissions by other professionally qualified persons; (c) Vehicle insurance, reported separately for: (1) Private vehicles; (2) Commercial vehicles; (3) Liability insurance; and (4) Insurance for property damage; and (d) Workers' compensation insurance.

2. The Commissioner may require that the report include, without limitation, information specifically pertaining to this State or to an insurer in its entirety, in the aggregate or by type of insurance, and for a previous or current year, regarding: (a) Premiums directly written; (b) Premiums directly earned; (c) Number of policies issued; (d) Net investment income, using appropriate estimates when necessary; (e) Losses paid; (f) Losses incurred; (g) Loss reserves, including: (1) Losses unpaid on reported claims; and (2) Losses unpaid on incurred but not reported claims; (h) Number of claims, including: (1) Claims paid; and (2) Claims that have arisen but are unpaid; (i) Expenses for adjustment of losses, including allocated and unallocated losses; (j) Net underwriting gain or loss; (k) Net operation gain or loss, including net investment income; and (l) Any other information requested by the Commissioner.

3. The Commissioner may also obtain, based upon an insurer in its entirety, information regarding: (a) Recoverable federal income tax; (b) Net unrealized capital gain or loss; and (c) All other expenses not included in subsection 2.
Nev. Rev. Stat. § 695B.220 — NV Code / Title 57 / Chapter 695B / Section 695B.220
Blanket service contracts: Issuance to college, school or school personnel; pupils not to be compelled to accept service
Status: in_force

Blanket hospital or blanket medical or dental service contracts may be issued to a college or school or to the head or principal thereof or to the governing board of any school district providing for services to pupils of such schools when such services are required as the result of accident or motor vehicle crash to such pupils while they are required to be in or on buildings or other premises of the school or district during the time they are required to be therein or thereon by reason of their attendance upon a college or regular day school or any regular day school of a school district or while being transported to and from school or other place of instruction. No pupil shall be compelled to accept such service without the consent of a parent or guardian of the pupil.
Nev. Rev. Stat. § 693A.565 — NV Code / Title 57 / Chapter 693A / Section 693A.565
“Reorganized stock insurer” defined
Status: in_force

“ Reorganized stock insurer ” means a stock insurer subsidiary that results from a reorganization of a domestic mutual insurer pursuant to NRS 693A.550 to 693A.665 , inclusive.
Nev. Rev. Stat. § 695A.080 — NV Code / Title 57 / Chapter 695A / Section 695A.080
Certificate of authority: Issuance and renewal; effect; record; copies; fees
Status: in_force

1. The Commissioner may make such examination and require such further information as the Commissioner deems advisable. Upon presentation of satisfactory evidence that the society has complied with all applicable provisions of law, the Commissioner shall issue to the society a certificate of authority indicating that the society may transact business pursuant to the provisions of this chapter.

2. The certificate of authority is prima facie evidence of the existence of the society on the date of the certificate.

3. The Commissioner shall cause a record of the certificate of authority to be made. A certified copy of the record may be given in evidence with like effect as the original certificate of authority.

4. For the issuance or renewal of a certificate of authority, a society must pay to the Commissioner: (a) A fee of $250 if the number of outstanding benefit contracts within Nevada of the society is 600 or less; (b) A fee of $500 if the number of outstanding benefit contracts within Nevada of the society is more than 600 but less than 1,200; (c) A fee of $2,450 if the number of outstanding benefit contracts within Nevada of the society is 1,200 or more; and (d) In addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110 . Each such certificate or renewal expires on March 1 following its issuance.

5. If a society properly applies for the renewal of its certificate of authority but does not receive approval of its application by March 1, it may continue to transact business pursuant to this chapter unless it receives notice that the application for renewal is specifically denied.

6. A certified copy or duplicate of a certificate of authority is prima facie evidence that the society may lawfully transact business in this state pursuant to the provisions of this chapter during the period stated on the license.
Nev. Rev. Stat. § 689C.1945 — NV Code / Title 57 / Chapter 689C / Section 689C.1945
Plan covering maternity care: Prohibited acts by carrier if insured is acting as gestational carrier; child deemed child of intended parent for purposes of plan
Status: in_force

1. A carrier that offers or issues a health benefit plan that includes coverage for maternity care shall not deny, limit or seek reimbursement for maternity care because the insured is acting as a gestational carrier.

2. If an insured acts as a gestational carrier, the child shall be deemed to be a child of the intended parent, as defined in NRS 126.590 , for purposes related to the health benefit plan.

3. As used in this section, “ gestational carrier ” has the meaning ascribed to it in NRS 126.580 .
Nev. Rev. Stat. § 682A.518 — NV Code / Title 57 / Chapter 682A / Section 682A.518
Rated credit instruments
Status: in_force

1. Subject to the limitations of NRS 682A.514 , but not to the limitations of NRS 682A.512 , an insurer may acquire rated credit instruments issued, assumed, guaranteed or insured by: (a) The United States; (b) A government-sponsored enterprise of the United States, if the instruments of the government-sponsored enterprise are assumed, guaranteed or insured by the United States or are otherwise backed or supported by the full faith and credit of the United States; (c) Canada; or (d) A government-sponsored enterprise of Canada, if the instruments of the government-sponsored enterprise are assumed, guaranteed or insured by Canada or are otherwise backed or supported by the full faith and credit of Canada.

2. An insurer shall not acquire an instrument in accordance with paragraph (c) or (d) of subsection 1 if, as a result of and after giving effect to the investment, the aggregate amount of investments held by the insurer in accordance with paragraph (c) or (d) of subsection 1 would exceed 40 percent of its admitted assets.

3. Subject to the limitations of NRS 682A.514 , but not to the limitations of NRS 682A.512 , an insurer may acquire rated credit instruments, excluding asset-backed securities: (a) Issued by a government money market mutual fund, a class one money market mutual fund or a class one bond mutual fund; (b) Issued, assumed, guaranteed or insured by a government-sponsored enterprise of the United States other than those eligible in accordance with subsection 1; (c) Issued, assumed, guaranteed or insured by a state, if the instruments are general obligations of the state; or (d) Issued by a multilateral development bank.

4. An insurer shall not acquire an instrument of any one fund, any one enterprise or entity, or any one state as described in subsection 3 if, as a result of and after giving effect to the investment, the aggregate amount of investments held in any one fund, enterprise or entity or state would exceed 10 percent of the insurer's admitted assets.

5. Subject to the limitations of NRS 682A.512 , 682A.514 and 682A.516 , an insurer may acquire preferred stocks that are not foreign investments and which meet the requirements of rated credit instruments if, as a result of and after giving effect to the investments: (a) The aggregate amount of preferred stocks held by the insurer in accordance with this section does not exceed 20 percent of the insurer's admitted assets; and (b) The aggregate amount of preferred stocks held by the insurer in accordance with this section which are not sinking fund stocks or rated P1 or P2 by the SVO does not exceed 10 percent of the insurer's admitted assets.

6. Subject to the limitations of NRS 682A.512 , 682A.514 and 682A.516 , in addition to those investments eligible pursuant to subsections 1 to 5, inclusive, an insurer may acquire rated credit instruments that are not foreign investments.

7. An insurer shall not acquire special rated credit instruments as described in this section if, as a result of and after giving effect to the investment, the aggregate amount of special rated credit instruments held by the insurer would exceed 5 percent of the insurer's admitted assets.
Nev. Rev. Stat. § 696A.020 — NV Code / Title 57 / Chapter 696A / Section 696A.020
Definitions
Status: in_force

Except where the context otherwise requires, the terms used in this chapter shall be given the meanings set forth in NRS 696A.030 to 696A.070 , inclusive, but such meaning shall not, merely by reason of the enactment of NRS 696A.030 to 696A.070 , inclusive, govern the interpretation of any other provision of this Code.
Nev. Rev. Stat. § 692A.1033 — NV Code / Title 57 / Chapter 692A / Section 692A.1033
Payment of child support: Statement by applicant for license as title agent or escrow officer; grounds for denial of license; duty of Commissioner
Status: in_force

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

1. An applicant for the issuance or renewal of a license as a title agent or escrow officer 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 as a title agent or escrow officer may not be issued or renewed by the Commissioner if the applicant: (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. § 695A.270 — NV Code / Title 57 / Chapter 695A / Section 695A.270
Authority to prohibit in society’s laws waiver of provisions of society's laws
Status: in_force

The laws of the society may provide that no subordinate body or any of its subordinate officers or members may waive any of the provisions of the laws of the society. Such a provision is binding on the society and every member and beneficiary of a member.
Nev. Rev. Stat. § 686A.070 — NV Code / Title 57 / Chapter 686A / Section 686A.070
Falsification of or knowing omissions in records or falsification of financial statements prohibited; penalty
Status: in_force

1. A person subject to regulation under this Code shall not knowingly make or cause to be made any false entry of a material fact in any book, report or statement of any person or knowingly omit to make a true entry of any material fact pertaining to such person's business in any book, report or statement of such person.

2. A person shall not knowingly file with any supervisory or other public officer, or knowingly make, publish, disseminate, circulate or deliver to any person, or place before the public, or knowingly cause directly or indirectly, to be made, published, disseminated, circulated, delivered to any person, or placed before the public, any false material statement of fact as to the financial condition of a person.

3. Any person who violates, or with like intent, aids or abets any violation of this section is guilty of a gross misdemeanor.
Nev. Rev. Stat. § 682A.300 — NV Code / Title 57 / Chapter 682A / Section 682A.300
Investments and investment practices required to conform with this chapter
Status: in_force

Insurers may acquire, hold or invest in investments or engage in investment practices as set forth in this chapter. Investments not conforming to the provisions of this chapter are not admitted assets.
Nev. Rev. Stat. § 689B.250 — NV Code / Title 57 / Chapter 689B / Section 689B.250
Acceptance of uniform forms for billing and claims
Status: in_force

Every insurer under a group health insurance contract or a blanket accident and health insurance contract and every state agency, for its records shall accept from:

1. A hospital the Uniform Billing and Claims Forms established by the American Hospital Association in lieu of its individual billing and claims forms.

2. An individual who is licensed to practice one of the health professions regulated by title 54 of NRS such uniform health insurance claims forms as the Commissioner shall prescribe, except in those cases where the Commissioner has excused uniform reporting.
Nev. Rev. Stat. § 695B.199 — NV Code / Title 57 / Chapter 695B / Section 695B.199
Reimbursement for services provided by certain nurses
Status: in_force

1. If any contract for medical service provides coverage for services which are within the authorized scope of practice of a registered nurse who is authorized pursuant to chapter 632 of NRS to perform additional acts in an emergency or under other special conditions as prescribed by the State Board of Nursing, and which are reimbursed when provided by another provider of health care, the insured is entitled to reimbursement for services provided by such a registered nurse.

2. The terms of the contract must not limit: (a) Coverage for services provided by such a registered nurse to a number of occasions less than for services provided by another provider of health care. (b) Reimbursement for services provided by such a registered nurse to an amount less than that reimbursed for similar services provided by another provider of health care.

3. An insurer is not required to pay for services provided by such a registered nurse which duplicate services provided by another provider of health care.
Nev. Rev. Stat. § 692C.020 — NV Code / Title 57 / Chapter 692C / Section 692C.020
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 692C.025 to 692C.110 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 695D.203 — NV Code / Title 57 / Chapter 695D / Section 695D.203
Group plan issued to replace discontinued policy or coverage: Requirements; notice of reduction of benefits; statement of benefits; applicability to self-insured employer
Status: in_force

1. A group plan for dental care issued by an organization for dental care to replace any discontinued policy or coverage for dental care 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 organization for dental care 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. The provisions of this section apply to a self-insured employer who provides benefits to the employees of the self-insured employer for dental care and replaces those benefits with a group plan for dental care.
Nev. Rev. Stat. § 686B.160 — NV Code / Title 57 / Chapter 686B / Section 686B.160
Rules providing statistical plans for use by insurers in recording and reporting of experience; authorized designation of rate service organization to assist Commissioner in gathering and compiling experience for availability to public
Status: in_force

1. The Commissioner may promulgate or approve reasonable rules providing statistical plans for use thereafter by all insurers in the recording and reporting of loss and expense experience, in order that the experience of insurers may be made available to the Commissioner.

2. The Commissioner may designate one or more rate service organizations to assist the Commissioner in gathering such experience and making compilations thereof, which must be made available to the public.
Nev. Rev. Stat. § 689B.100 — NV Code / Title 57 / Chapter 689B / Section 689B.100
Payment of benefits
Status: in_force

1. Except as provided in subsection 2, all benefits under any blanket health policy or contract must be payable to the person insured, or to the designated beneficiary or beneficiaries of the person insured, or to the estate of the person insured, except that if the person insured is a minor or otherwise not competent to give a valid release, these benefits may be made payable to the parent or guardian of the person insured or to another person actually supporting the person insured.

2. The policy may provide that all or a portion of any indemnities provided by any such policy on account of hospital, nursing, medical or surgical services, home health care or supportive services: (a) May, at the option of the insurer and unless the insured requests otherwise in writing not later than the time of filing proofs of such loss; or (b) Must, upon the written request of the insured, be paid directly to the hospital or person rendering those services. The policy may not require that the service be rendered by a particular hospital or person. Payment so made discharges the obligation of the insurer with respect to the amount of insurance so paid.

3. If the insured assigns his or her benefits pursuant to this section but the insurer after receiving a copy of the assignment pays the benefits to the insured, the insurer shall also pay the benefits to the assignee as soon as the insurer receives the notice of the incorrect payment.
Nev. Rev. Stat. § 689C.360 — NV Code / Title 57 / Chapter 689C / Section 689C.360
Definitions
Status: in_force

As used in NRS 689C.360 to 689C.600 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 689C.380 and 689C.390 have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 688C.310 — NV Code / Title 57 / Chapter 688C / Section 688C.310
Limitations on contact with insured to determine address and telephone or status of health after settlement; applicability
Status: in_force

1. Contact with an insured to determine the residential or business street address and telephone number of the insured or the status of the health of the insured after a viatical settlement may be made only by a provider or broker of viatical settlements who is licensed in this state, or its authorized representative, and no oftener than once every 3 months if the insured has a life expectancy of 1 year or more, or once every month if the insured has a life expectancy of less than 1 year. The provider or broker shall explain the procedure for those contacts at the time the settlement is entered into.

2. The limitations of subsection 1 do not apply to contacts for purposes other than determining status of health.

3. A provider or broker is responsible for the acts of the authorized representative of the provider or broker.
Nev. Rev. Stat. § 689.715 — NV Code / Title 57 / Chapter 689 / Section 689.715
Preneed sales agreement required to be provided by funeral director, funeral arranger or cemetery authority to person entitled to custody of remains of buyer; administrative fine
Status: in_force

1. A funeral director, funeral arranger or cemetery authority that enters into a preneed sales agreement shall, upon the death of the buyer, provide a copy of the agreement to each person entitled to custody of the remains.

2. The Commissioner may impose upon any person who knowingly violates the provisions of subsection 1 an administrative fine of three times the amount of the preneed sales agreement.
Nev. Rev. Stat. § 689.265 — NV Code / Title 57 / Chapter 689 / Section 689.265
Agent's license: Revocation; suspension
Status: in_force

The Commissioner may proceed against an agent's license in the same manner as provided in NRS 689.215 if the agent:

1. Obtained the license through misrepresentation or concealment of a material fact.

2. Is no longer qualified for such a license.

3. Knowingly violates any provision of NRS 689.150 to 689.375 , inclusive, or any lawful order or regulation of the Commissioner.
Nev. Rev. Stat. § 694C.310 — NV Code / Title 57 / Chapter 694C / Section 694C.310
Meetings of board of directors; additional requirements to transact insurance; review by Commissioner of qualifications of manager
Status: in_force

1. The board of directors of a captive insurer shall meet at least once each year in this State. The captive insurer shall: (a) Maintain its principal place of business in this State; and (b) Appoint a resident of this State as a registered agent to accept service of process and otherwise act on behalf of the captive insurer in this State. If the registered agent cannot be located with reasonable diligence for the purpose of serving a notice or demand on the captive insurer, the notice or demand may be served on the Secretary of State who shall be deemed to be the agent for the captive insurer.

2. A captive insurer shall not transact insurance in this State unless: (a) The captive insurer has made adequate arrangements with: (1) A state-chartered bank, a state-chartered credit union or a thrift company licensed pursuant to chapter 677 of NRS that is located in this State; or (2) A federally chartered bank or federally chartered credit union that has a branch which is located in this State, that is authorized pursuant to state or federal law to transfer money. (b) If the captive insurer employs or has entered into a contract with a natural person or business organization to manage the affairs of the captive insurer, the natural person or business organization meets the standards described in paragraph (b) of subsection 4 of NRS 694C.210 to the satisfaction of the Commissioner. (c) The captive insurer employs or has entered into a contract with a qualified and experienced certified public accountant who is approved by the Commissioner or a firm of certified public accountants that is nationally recognized. (d) The captive insurer employs or has entered into a contract with qualified, experienced actuaries who are approved by the Commissioner to perform reviews and evaluations of the operations of the captive insurer. (e) The captive insurer employs or has entered into a contract with an attorney who is licensed to practice law in this State and who meets the standards of competence and experience in matters concerning the regulation of insurance in this State established by the Commissioner by regulation.

3. The Commissioner may periodically review the qualifications of a natural person or business organization described in paragraph (b) of subsection 2 and, if appropriate: (a) Disqualify the manager pursuant to the authority of the Commissioner under NRS 679B.125 ; or (b) Suspend or revoke the license of the captive insurer pursuant to NRS 694C.270 .
Nev. Rev. Stat. § 683A.090 — NV Code / Title 57 / Chapter 683A / Section 683A.090
License required; administrative fine
Status: in_force

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

2. A person who acts as a managing general agent in this state without a license may be assessed an administrative fine of not more than $1,000 for each violation.
Nev. Rev. Stat. § 695G.050 — NV Code / Title 57 / Chapter 695G / Section 695G.050
“Managed care organization” defined
Status: in_force

“ Managed care organization ” means any insurer or organization authorized pursuant to this title to conduct business in this State that provides or arranges for the provision of health care services through managed care.
Nev. Rev. Stat. § 683A.311 — NV Code / Title 57 / Chapter 683A / Section 683A.311
Temporary licenses: Authority of Commissioner to issue, limit or revoke; expiration; renewal
Status: in_force

1. The Commissioner may issue a temporary license as a producer of insurance to any of the following for 180 days or less without requiring an examination if the Commissioner believes that the temporary license is necessary to carry on the business of insurance: (a) The surviving spouse, personal representative or guardian of a licensed producer who dies or becomes incompetent or incapacitated, to allow adequate time for the sale of the business, the recovery or return of the producer, or the training and licensing of new personnel to operate the business; (b) A member or employee of a business organization licensed as a producer, upon the death or disability of the natural person designated in its application or license; (c) The designee of a licensed producer entering active service in the Armed Forces of the United States; or (d) A person in any other circumstance where the Commissioner believes that the public interest will be best served by issuing the license.

2. The Commissioner may limit by order the authority of a temporary licensee as the Commissioner believes necessary to protect persons insured and the public. The Commissioner may require the temporary licensee to have a suitable sponsor who is licensed as a producer of insurance or authorized as an insurer and who assumes responsibility for all acts of the temporary licensee, and may impose similar requirements to protect persons insured and the public. The Commissioner may revoke a temporary license by order if the interests of persons insured or the public are endangered. A temporary license expires when the owner or the personal representative or guardian of the owner disposes of the business.

3. A temporary license issued pursuant to this section may be renewed for one additional period of 180 days if: (a) The temporary licensee, on or before a date specified by the Commissioner as the last day on which the temporary license is renewable, submits to the Commissioner a written request which includes, without limitation, sufficient justification for the renewal; and (b) The Commissioner approves the request.
Nev. Rev. Stat. § 679A.160 — NV Code / Title 57 / Chapter 679A / Section 679A.160
Application of Code to particular types of insurers
Status: in_force

Except as otherwise provided by specific statute, no provision of this Code applies to:

1. Fraternal benefit societies, as identified in chapter 695A of NRS , except as stated in chapter 695A of NRS .

2. Hospital, medical or dental service corporations, as identified in chapter 695B of NRS , except as stated in chapter 695B of NRS .

3. Motor clubs, as identified in chapter 696A of NRS , except as stated in chapter 696A of NRS .

4. Bail agents, as identified in chapter 697 of NRS , except as stated in NRS 680B.025 to 680B.039 , inclusive, and chapter 697 of NRS.

5. Risk retention groups, as identified in chapter 695E of NRS , except as stated in chapter 695E of NRS .

6. Captive insurers, as identified in chapter 694C of NRS , with respect to their activities as captive insurers, except as stated in chapter 694C of NRS .

7. Health and welfare plans arising out of collective bargaining under chapter 288 of NRS , except that the Commissioner may review the plan to ensure that the benefits are reasonable in relation to the premiums and that the fund is financially sound.

8. Programs established pursuant to subsection 1 of NRS 315.725 and the entities administering those programs, except as stated in NRS 315.725 .
Nev. Rev. Stat. § 688C.390 — NV Code / Title 57 / Chapter 688C / Section 688C.390
Use of testimonial, endorsement, appraisal, analysis or statistical information
Status: in_force

1. A testimonial, endorsement, appraisal or analysis used in an advertisement must be genuine, represent the present opinion of the author, apply to the viatical settlement or agreement to purchase a viatical settlement advertised, if any, and be reproduced with sufficient completeness to avoid misleading viators or purchasers of viatical settlements. In using a testimonial, endorsement, appraisal or analysis, a licensee under this chapter makes the statements contained therein the licensee’s own, and the statements must satisfy the requirements of NRS 688C.350 to 688C.430 , inclusive.

2. If the person making a testimonial, endorsement, appraisal or analysis has a financial interest in the provider of viatical settlements or a related organization, or receives a benefit other than required wages, that fact must be prominently disclosed in the advertisement.

3. An advertisement may not state or imply that a benefit or service related to a viatical settlement or an agreement to purchase a viatical settlement has been approved or endorsed by a group, society or other organization unless that is the fact and any relationship between the organization and the provider of viatical settlements is disclosed. If the organization is owned, controlled or managed by the provider, or receives any payment or other consideration from the provider for making the endorsement or testimonial, that fact must be disclosed in the advertisement.

4. An advertisement may not contain statistical information unless it accurately reflects recent and relevant facts. The source of all statistics used in an advertisement must be identified.

5. If an endorsement refers to benefits received under a viatical settlement or an agreement to purchase a viatical settlement, all information pertinent to that endorsement must be retained for a period of 5 years after the use of the endorsement.
Nev. Rev. Stat. § 695F.212 — NV Code / Title 57 / Chapter 695F / Section 695F.212
Hazardous financial condition: Regulations; determination; powers of Commissioner
Status: in_force

1. The Commissioner may adopt regulations to define when a prepaid limited health service organization is considered to be in a hazardous financial condition and to set forth the standards to be considered by the Commissioner in determining whether the continued operation of a prepaid limited health service organization transacting business in this State may be considered to be hazardous to its enrollees or creditors or to the general public.

2. If the Commissioner determines after a hearing that any prepaid limited health service organization is in a hazardous financial condition, the Commissioner may, instead of suspending or revoking the prepaid limited health service organization's certificate of authority, limit the certificate of authority of the prepaid limited health service organization as the Commissioner deems reasonably necessary to correct, eliminate or remedy any conduct, condition or ground that is deemed to be a cause of the hazardous financial condition.

3. An order or decision of the Commissioner under this section is subject to review in accordance with NRS 679B.310 to 679B.370 , inclusive, at the request of any party to the proceedings whose interests are substantially affected.
Nev. Rev. Stat. § 692C.030 — NV Code / Title 57 / Chapter 692C / Section 692C.030
“Affiliate” defined
Status: in_force

“ Affiliate ” means a person who directly or indirectly, through one or more intermediaries, controls or is controlled by or is under common control with another designated person.
Nev. Rev. Stat. § 694C.170 — NV Code / Title 57 / Chapter 694C / Section 694C.170
Regulations
Status: in_force

The Commissioner may establish such regulations as are necessary to carry out the provisions of this chapter.
Nev. Rev. Stat. § 689B.287 — NV Code / Title 57 / Chapter 689B / Section 689B.287
Insurer prohibited from denying coverage solely because applicant or insured was intoxicated or under influence of controlled substance; exceptions
Status: in_force

1. Except as otherwise provided in subsection 2, an insurer shall not: (a) Deny a claim under a policy of group health insurance solely because the claim involves an injury sustained by an insured as a consequence of being intoxicated or under the influence of a controlled substance. (b) Cancel a policy of group health insurance solely because an insured has made a claim involving an injury sustained by the insured as a consequence of being intoxicated or under the influence of a controlled substance. (c) Refuse to issue a policy of group health insurance to an eligible applicant solely because the applicant has made a claim involving an injury sustained by the applicant as a consequence of being intoxicated or under the influence of a controlled substance.

2. The provisions of subsection 1 do not prohibit an insurer from enforcing a provision included in a policy of group health insurance to: (a) Deny a claim which involves an injury to which a contributing cause was the insured's commission of or attempt to commit a felony; (b) Cancel a policy of group health insurance solely because of such a claim; or (c) Refuse to issue a policy of group health insurance to an eligible applicant solely because of such a claim.

3. The provisions of this section do not apply to an insurer under a policy of group health insurance that provides coverage for long-term care or disability income.
Nev. Rev. Stat. § 681A.1553 — NV Code / Title 57 / Chapter 681A / Section 681A.1553
Certified reinsurer: Qualified jurisdictions
Status: in_force

1. The Commissioner shall create and publish a list of qualified jurisdictions, pursuant to which an assuming insurer licensed and domiciled in such jurisdiction is eligible to be considered for certification by the Commissioner as a certified reinsurer.

2. In order to determine whether the domiciliary jurisdiction of an alien assuming insurer is eligible to be recognized as a qualified jurisdiction, the Commissioner shall evaluate the appropriateness and effectiveness of the reinsurance supervisory system of the jurisdiction, both initially and on an ongoing basis, and consider the rights, benefits and extent of reciprocal recognition afforded by the alien jurisdiction to reinsurers licensed and domiciled in the United States. A qualified jurisdiction must agree to share information and cooperate with the Commissioner with respect to all certified reinsurers domiciled within that jurisdiction. A jurisdiction may not be recognized as a qualified jurisdiction if the Commissioner has determined that the jurisdiction does not adequately and promptly enforce final judgments rendered by a court of competent jurisdiction in the United States. Additional factors may be considered at the discretion of the Commissioner.

3. The Commissioner may consider the list of qualified jurisdictions maintained by the National Association of Insurance Commissioners in determining qualified jurisdictions.

4. Any jurisdictions that meet the requirements for accreditation pursuant to the National Association of Insurance Commissioners' financial standards and accreditation program must be recognized as qualified jurisdictions.

5. If a certified reinsurer's domiciliary jurisdiction ceases to be a qualified jurisdiction, the Commissioner may suspend or revoke the reinsurer's certification.
Nev. Rev. Stat. § 684A.020 — NV Code / Title 57 / Chapter 684A / Section 684A.020
“Adjuster” defined
Status: in_force

1. Except as otherwise provided in subsection 2, “ adjuster ” means any person who, for compensation, including, without limitation, a fee or commission, investigates and settles, and reports to his or her principal relative to, claims: (a) Arising under insurance contracts for property, casualty or surety coverage, including, without limitation, workers' compensation coverage, on behalf solely of the insurer or the insured; or (b) Against a self-insurer who is providing similar coverage.

2. For the purposes of this chapter: (a) An attorney at law who adjusts insurance losses from time to time incidental to the practice of his or her profession; (b) An adjuster of ocean marine losses; (c) A salaried employee of an insurer, unless the employee: (1) Investigates, negotiates or settles workers' compensation claims; and (2) Obtains a license pursuant to this chapter; (d) A salaried employee of a managing general agent maintaining an underwriting office in this state; (e) An employee of an independent adjuster or an employee of an affiliate of an independent adjuster who is one of not more than 25 such employees under the supervision of an independent adjuster or licensed agent and who: (1) Collects information relating to a claim for coverage arising under an insurance contract from or furnishes such information to an insured or a claimant; and (2) Conducts data entry, including, without limitation, entering data into an automated claims adjudication system; (f) A licensed agent who supervises not more than 25 employees described in paragraph (e); (g) A person who is employed only to collect factual information concerning a claim for coverage arising under an insurance contract; (h) A person who is employed solely to obtain facts surrounding a claim or to furnish technical assistance to a licensed independent adjuster; (i) A person who is employed to investigate suspected fraudulent insurance claims but who does not adjust losses or determine the payment of claims; (j) A person who performs only executive, administrative, managerial or clerical duties, or any combination thereof, but does not investigate, negotiate or settle claims with a policyholder or claimant or the legal representative of a policyholder or claimant; (k) A licensed health care provider or any employee thereof who provides managed care services if those services do not include the determination of compensability; (l) A managed care organization or any employee thereof or an organization that provides managed care services or any employee thereof if the services provided do not include the determination of compensability; (m) A person who settles only reinsurance or subrogation claims; (n) A broker, agent or representative of a risk retention group; (o) An attorney-in-fact of a reciprocal insurer; (p) A manager of a branch office of an alien insurer that is located in the United States; (q) A person authorized to adjust claims under the authority of a third-party administrator who holds a certificate of registration issued by the Commissioner pursuant to NRS 683A.08524 , unless the person investigates, negotiates or settles workers' compensation claims; or (r) A travel administrator, as defined in NRS 691E.140 , and any employee thereof, is not considered an adjuster.
Nev. Rev. Stat. § 686C.280 — NV Code / Title 57 / Chapter 686C / Section 686C.280
Issuance, effect and use of certificate of contribution; offset against liability for premium tax; recoupment of assessments; payment and deposit of refund
Status: in_force

1. The Association shall issue to each member insurer paying an assessment under this chapter, other than an assessment in Class A, a certificate of contribution, in a form prescribed by the Commissioner, for the amount of the assessment so paid. All outstanding certificates are of equal dignity and priority without reference to amounts or dates of issue. A member insurer may show a certificate of contribution as an asset in its financial statement in such form, for such amount, if any, and for such period as the Commissioner may approve.

2. A member insurer may offset against its liability for premium tax to this state, accrued with respect to business transacted in a calendar year, an amount equal to 20 percent of the amount certified pursuant to subsection 1 in each of the 5 calendar years following the year in which the assessment was paid. If a member insurer ceases to transact business, it may offset all uncredited assessments against its liability for premium tax for the year in which it so ceases.

3. A member insurer that is exempt from its liability for premium tax described in subsection 2 may recoup its assessments under this chapter by imposing a surcharge on its premiums in an amount approved by the Commissioner. The Commissioner shall approve such a surcharge upon determining that the amount of the surcharge is reasonably calculated to recoup the assessments over a reasonable period of time. Any amount recouped under this subsection shall not be deemed to constitute a premium for any purpose relating to this Code.

4. If a member insurer recoups a larger amount through a surcharge imposed pursuant to subsection 3 than it paid in assessments over a period of time prescribed in the plan of operation established and approved pursuant to NRS 686C.290 , the member insurer shall remit the excess amount to the Association. The Association shall apply such excess amounts to reduce future assessments in the appropriate account in accordance with the plan of operation.

5. Any sum acquired by refund from the Association pursuant to NRS 686C.260 which previously had been written off by the contributing member insurer and offset against premium taxes as provided in subsection 2 must be paid to the Department of Taxation and deposited by it with the State Treasurer for credit to the State General Fund. The Association shall notify the Commissioner and the Department of Taxation of each refund made.
Nev. Rev. Stat. § 682B.210 — NV Code / Title 57 / Chapter 682B / Section 682B.210
Examination of assets
Status: in_force

The Commissioner may examine trusteed assets at any time in accordance with the same conditions and procedures as govern examination of insurers in general under this Code.
Nev. Rev. Stat. § 689C.071 — NV Code / Title 57 / Chapter 689C / Section 689C.071
“Geographic rating area” defined
Status: in_force

“ Geographic rating area ” means an area established by the Commissioner for use in adjusting the rates for a health benefit plan.
Nev. Rev. Stat. § 682A.067 — NV Code / Title 57 / Chapter 682A / Section 682A.067
“Domestic jurisdiction” defined
Status: in_force

“ Domestic jurisdiction ” means the United States, Canada, any state of the United States, any province of Canada or any political subdivision of any of the foregoing.
Nev. Rev. Stat. § 688A.250 — NV Code / Title 57 / Chapter 688A / Section 688A.250
Standard provisions: Reversionary annuities
Status: in_force

1. Except as stated in this section, no contract for a reversionary annuity shall be delivered or issued for delivery in this state unless it contains in substance each of the following provisions: (a) Any such reversionary annuity contract shall contain the provisions specified in NRS 688A.190 to 688A.230 , inclusive, except that under NRS 688A.190 the insurer may at its option provide for an equitable reduction of the amount of the annuity payments in settlement of an overdue payment in lieu of providing for deduction of such payments from an amount payable upon settlement under the contract. (b) In such reversionary annuity contracts there shall be a provision that the contract may be reinstated at any time within 3 years from the date of default in making stipulated payments to the insurer, upon production of evidence of insurability satisfactory to the insurer, and upon condition that all overdue payments and any indebtedness to the insurer on account of the contract are paid, or, within the limits permitted by the then cash values of the contract, reinstated, with interest as to both payments and indebtedness at a rate to be specified in the contract but not exceeding 6 percent per annum compounded annually.

2. This section does not apply to group annuities or to annuities included in life insurance policies, and any of such provisions not applicable to single premium annuities shall not to that extent be incorporated therein.
Nev. Rev. Stat. § 693A.390 — NV Code / Title 57 / Chapter 693A / Section 693A.390
Member's share of assets on liquidation
Status: in_force

1. Upon any liquidation of a domestic mutual insurer, its assets remaining after discharge of its indebtedness, policy obligations, repayment of contributed or borrowed surplus, if any, and expenses of administration shall be distributed to currently existing persons who had been members of the insurer for at least 1 year and who were its members at any time within 36 months next preceding the date such liquidation was authorized or ordered, or the date of the last termination of the insurer's certificate of authority whichever date is the earlier; but if the Commissioner has reason to believe that those in charge of the management of the insurer have caused or encouraged the reduction of the number of members of the insurer in anticipation of liquidation and for the purpose of reducing thereby the number of persons who may be entitled to share in the distribution of the insurer's assets, the Commissioner may enlarge the 36-month qualification period as the Commissioner may deem to be reasonable.

2. The insurer shall make a reasonable classification of its policies so held by such members, and a formula based upon such classification for determining the equitable distributive share of each such member. Such classification and formula shall be subject to the approval of the Commissioner.
Nev. Rev. Stat. § 681B.020 — NV Code / Title 57 / Chapter 681B / Section 681B.020
Assets not allowed
Status: in_force

1. In addition to assets impliedly excluded by the provisions of NRS 681B.010 , the following expressly may not be allowed as assets in any determination of the financial condition of an insurer: (a) Goodwill, trade names and other like intangible assets. (b) Advances to officers, other than policy loans, whether secured or not, and advances to employees, agents and other persons on personal security only. (c) Stock of such insurer, owned by it, or any equity therein or loans secured thereby, or any proportionate interest in such stock acquired or held through the ownership by such insurer of an interest in another firm, corporation or business unit. (d) Furniture, fixtures, furnishings, safes, vehicles, libraries, stationery, literature and supplies, other than data processing, recordkeeping and accounting systems authorized under subsection 13 of NRS 681B.010 , except such personal property as the insurer is permitted to hold pursuant to chapter 682A of NRS , or which is reasonably necessary for the maintenance and operation of real property lawfully acquired and held by the insurer other than real property used by it for home office, branch office and similar purposes. (e) The amount, if any, by which the aggregate book value of investments as carried in the ledger assets of the insurer exceeds the aggregate value thereof as determined under this Code.

2. If any successor organization to the State Industrial Insurance System that was established by section 79 of chapter 642, Statutes of Nevada 1981, at page 1449, wishes to transact in this state property or casualty insurance other than industrial insurance, the money required to be held in trust by that organization pursuant to NRS 616B.042 may not be allowed as assets of the successor organization in determining its financial condition to transact such insurance.
Nev. Rev. Stat. § 693B.040 — NV Code / Title 57 / Chapter 693B / Section 693B.040
Board meetings: Call; notice
Status: in_force

Notwithstanding any contrary provision of law or of its charter, if at any time during an acute emergency affecting any domestic organization, no person otherwise empowered to call meetings of its board is capable of acting, a meeting thereof may be called by any director or acting director, or if no director or acting director is capable of acting, by any officer or acting officer. If it is impracticable or impossible to give notice of a meeting of the board in the manner prescribed by charter and law, the person calling such a meeting may give notice thereof by making such reasonable efforts as circumstances may permit to notify each director and acting director of the time and place of the meeting, but need not specify the purposes thereof. Failure of any director or acting director to receive actual notice of a meeting of directors and acting directors shall not affect the power of the directors and acting directors present at such meeting to exercise the powers of an emergency board of directors as prescribed in this section. Nothing contained in this chapter shall be construed as requiring a meeting of the board of such an organization to be convened in any manner different from that prescribed by its charter and by the provisions of law other than this chapter.
Nev. Rev. Stat. § 679B.152 — NV Code / Title 57 / Chapter 679B / Section 679B.152
Review of fees for medical or dental care determined to be usual and customary; plans limiting selection of dentist
Status: in_force

1. Every insurer or organization for dental care which pays claims on the basis of fees for medical or dental care which are “usual and customary” shall submit to the Commissioner a complete description of the method it uses to determine those fees. Except as otherwise provided in NRS 239.0115 , this information must be kept confidential by the Commissioner. The fees determined by the insurer or organization to be the usual and customary fees for that care are subject to the approval of the Commissioner as being the usual and customary fees in that locality. The provisions of this subsection apply to medical or dental care provided to a claimant under any contract of insurance.

2. Any contract for group, blanket or individual health insurance and any contract issued by a nonprofit hospital, medical or dental service corporation or organization for dental care, which provides a plan for dental care to its insureds or members which limits their choice of a dentist, under the plan to those in a preselected group, must offer its insureds or members the option of selecting a plan of benefits which does not restrict the choice of a dentist. The selection of that option does not entitle the insured or member to any increase in contributions by his or her employer or other organization toward the premium or cost of the optional plan over that contributed under the restricted plan.
Nev. Rev. Stat. § 684A.230 — NV Code / Title 57 / Chapter 684A / Section 684A.230
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. § 688A.400 — NV Code / Title 57 / Chapter 688A / Section 688A.400
Prohibited policy plans
Status: in_force

1. No life insurer shall, after January 1, 1972, deliver or issue for delivery in this state: (a) As part of or in combination with any life insurance, endowment or annuity contract, any agreement or plan, additional to the rights, dividends and benefits arising out of any such contract, which provides for the accumulation of profits over a period of years and for payment of all or any part of such accumulated profits only to members or policyholders of a designated group or class who continue as members or policyholders until the end of a specified or ascertainable period of years. (b) Any “registered” policy; that is, any policy (other than one “registered” as a security under applicable state or federal law) purporting to be “registered” or otherwise specially recorded, with any agency of the State of Nevada, or of any other state, or with any bank, trust company, escrow company or other institution other than the insurer, or purporting that any reserves, assets or deposits are held, or will be so held, for the special benefit or protection of the holder of such policy, by or through any such agency or institution. (c) Any policy or contract under which any part of the premium or of funds or values arising from the policy or contract or from investment of reserves, or from mortality savings, lapses or surrenders, in excess of the normal reserves or amounts required to pay death, endowment and nonforfeiture benefits in respective amounts as specified in or pursuant to the policy or contract, are on a basis not involving insurance or life contingency features: (1) To be placed in special funds or segregated accounts or specially designated places; or (2) To be invested in specially designated investments or types thereof, and the funds or earnings thereon to be divided among the holders of such policies or contracts, or their beneficiaries or assignees. This paragraph does not apply to any contract authorized under NRS 688A.390 . (d) Any policy providing for the segregation of policyholders into mathematical groups and providing benefits for a surviving policyholder arising out of the death of another policyholder of such group, or under any other similar plan. (e) Any policy providing benefits or values for surviving or continuing policyholders contingent upon the lapse or termination of the policies of other policyholders, whether by death or otherwise. (f) Any policy providing that on the death of anyone not specifically named therein, the owner or beneficiary of the policy shall receive the payment or granting of anything of value. This provision shall not be deemed to prohibit family policies insuring unspecified members of a family, nor be deemed to prohibit payment to unspecified beneficiaries of a class which has been expressly designated as such by the insured or policy owner. (g) Any policy containing or referring to one or more of the following provisions or statements: (1) Investment returns or profit sharing, other than as a participation in the divisible surplus of the insurer under a regular participation provision as provided for in NRS 688A.100 . (2) Special treatment in the determination of any dividend that may be paid as to such policy. (3) Reference to premiums as “deposits.” (4) Relating policyholder interest or returns to those of stockholders. (5) That the policyholder as a member of a select group will be entitled to extra benefits or extra dividends not available to policyholders generally.

2. This section does not prohibit the provision, payment, allowance or apportionment of regular dividends or “savings” under regular participating forms of policies or contracts.
Nev. Rev. Stat. § 689C.390 — NV Code / Title 57 / Chapter 689C / Section 689C.390
“Dependent” defined
Status: in_force

“ Dependent ” means a spouse, a domestic partner as defined in NRS 122A.030 , or a child on or before the last day of the month in which the child attains 26 years of age.
Nev. Rev. Stat. § 689A.050 — NV Code / Title 57 / Chapter 689A / Section 689A.050
Entire contract; changes
Status: in_force

There shall be a provision as follows:

Entire Contract; Changes: This policy, including the endorsements and the attached papers, if any, constitutes the entire contract of insurance. No change in this policy shall be valid until approved by an executive officer of the insurer and unless such approval is endorsed hereon or attached hereto. No agent has authority to change this policy or to waive any of its provisions.
Nev. Rev. Stat. § 688C.320 — NV Code / Title 57 / Chapter 688C / Section 688C.320
Confidentiality of medical information solicited or obtained by licensee
Status: in_force

All medical information solicited or obtained by a licensee under this chapter is subject to other laws of this State relating to the confidentiality of the information.
Nev. Rev. Stat. § 682A.077 — NV Code / Title 57 / Chapter 682A / Section 682A.077
“Foreign currency” defined
Status: in_force

“ Foreign currency ” means a currency other than that of a domestic jurisdiction.
Nev. Rev. Stat. § 689.195 — NV Code / Title 57 / Chapter 689 / Section 689.195
Certificate of authority: Issuance; denial
Status: in_force

1. If the Commissioner finds that the application is complete and the applicant otherwise qualifies under the provisions of NRS 689.150 to 689.375 , inclusive, the Commissioner shall issue a seller's certificate of authority to the applicant.

2. The Commissioner shall refuse to issue a seller's certificate of authority to any applicant who does not comply with or otherwise meet the requirements of NRS 689.150 to 689.375 , inclusive. Upon such refusal, the Commissioner shall give written notice thereof to the applicant, setting forth the reasons for the refusal.
Nev. Rev. Stat. § 693A.425 — NV Code / Title 57 / Chapter 693A / Section 693A.425
“New stock insurer” defined
Status: in_force

“ New stock insurer ” means the domestic stock insurer that is created when the Commissioner issues a certificate of authority to a converting mutual pursuant to NRS 693A.470 .
Nev. Rev. Stat. § 696A.290 — NV Code / Title 57 / Chapter 696A / Section 696A.290
License: Form and contents
Status: in_force

The Commissioner shall prescribe the form of the club agent's license, but it shall contain:

1. The name of the licensee and the business address of the licensee.

2. The date of issuance and the date of expiration.

3. The name of the represented motor club.
Nev. Rev. Stat. § 695C.170 — NV Code / Title 57 / Chapter 695C / Section 695C.170
Evidence of coverage: Issuance; form and contents
Status: in_force

1. Every enrollee residing in this state is entitled to evidence of coverage under a health care plan. If the enrollee obtains coverage under a health care plan through an insurance policy, whether by option or otherwise, the insurer shall issue the evidence of coverage. Otherwise, the health maintenance organization shall issue the evidence of coverage.

2. Evidence of coverage or amendment thereto must not be issued or delivered to any person in this state until a copy of the form of the evidence of coverage or amendment thereto has been filed with and approved by the Commissioner.

3. An evidence of coverage: (a) Must not contain any provisions or statements which are unjust, unfair, inequitable, misleading, deceptive, which encourage misrepresentation or which are untrue, misleading or deceptive as defined in subsection 1 of NRS 695C.300 ; and (b) Must contain a clear and complete statement, if a contract, or a reasonably complete summary if a certificate, of: (1) The health care services and the insurance or other benefits, if any, to which the enrollee is entitled under the health care plan; (2) Any limitations on the services, kind of services, benefits, or kind of benefits, to be provided, including any deductible or copayment feature; (3) Where and in what manner the services may be obtained; and (4) The total amount of payment for health care services and the indemnity or service benefits, if any, which the enrollee is obligated to pay. Any subsequent change may be evidenced in a separate document issued to the enrollee.

4. A copy of the form of the evidence of coverage to be used in this state and any amendment thereto is subject to the requirements for filing and approval of subsection 2 unless it is subject to the jurisdiction of the Commissioner under the laws governing health insurance, in which event the provisions for filing and approval of those laws apply. To the extent that such provisions do not apply to the requirements in subsection 3, such provisions are amended to incorporate the requirements of subsection 3 in approving or disapproving an evidence of coverage required by subsection 2.
Nev. Rev. Stat. § 686C.370 — NV Code / Title 57 / Chapter 686C / Section 686C.370
Immunity from liability
Status: in_force

There is no liability on the part of and no cause of action of any nature arises against any member insurer or its agents or employees, the Association or its agents or employees, members of the Board or the Commissioner or the representatives of the Commissioner for any act or omission by them in the performance of their powers and duties under this chapter. This immunity extends to participation in any organization of other state associations whose purposes are similar, and to any such organization and its agents or employees.
Nev. Rev. Stat. § 684A.034 — NV Code / Title 57 / Chapter 684A / Section 684A.034
“Uniform Individual Application” defined
Status: in_force

“ Uniform Individual Application ” means the current version of the Uniform Application for Individual Producer License/Registration for resident and nonresident individuals published by the National Association of Insurance Commissioners.
Nev. Rev. Stat. § 684A.023 — NV Code / Title 57 / Chapter 684A / Section 684A.023
“Automated claims adjudication system” defined
Status: in_force

“ Automated claims adjudication system ” means a preprogrammed computer system which:

1. Is designed for the collection, data entry, calculation and final resolution of claims arising under an insurance contract for portable electronic insurance coverage;

2. Is used by a licensed adjuster, licensed agent or person supervised by a licensed adjuster or licensed agent; and

3. Complies with the requirements of this Code concerning the payment of claims.
Nev. Rev. Stat. § 679B.410 — NV Code / Title 57 / Chapter 679B / Section 679B.410
Duties of Commissioner
Status: in_force

The Commissioner shall:

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

2. Respond to requests by governmental agencies of this state and by the Legislature for special studies and analysis of information collected pursuant to NRS 679B.400 to 679B.460 , inclusive.

3. Report to each regular session of the Legislature concerning his or her duties and findings pursuant to this section no later than February 1.
Nev. Rev. Stat. § 679A.190 — NV Code / Title 57 / Chapter 679A / Section 679A.190
Disciplinary proceeding, fine and penalty authorized after expiration or voluntary surrender of license or certificate issued pursuant to Code
Status: in_force

The expiration or voluntary surrender of a license or certificate issued pursuant to the provisions of this Code does not:

1. Prohibit the Commissioner from initiating or continuing a disciplinary proceeding against the holder of the license or certificate; or

2. Prevent the imposition or collection of any fine or penalty authorized pursuant to the provisions of this Code against the holder of the license or certificate.
Nev. Rev. Stat. § 694C.390 — NV Code / Title 57 / Chapter 694C / Section 694C.390
State-chartered risk retention group: Required filings
Status: in_force

1. In addition to the information required pursuant to NRS 694C.210 , a state-chartered risk retention group must submit to the Commissioner in summary form: (a) The identities of: (1) All members of the group; (2) All organizers of the group; (3) Those persons who will provide administrative services to the group; and (4) Any person who will influence or control the activities of the group; (b) The amount and nature of initial capitalization of the group; (c) The coverages to be offered by the group; and (d) Each state in which the group intends to operate.

2. Before it may transact insurance in any state, the state-chartered risk retention group must submit to the Commissioner, for approval by the Commissioner, a plan of operation. The risk retention group shall submit an appropriate revision in the event of any subsequent material change in any item of the plan of operation within 10 days after the change. The group shall not offer any additional kinds of liability insurance, in this State or in any other state, until a revision of the plan is approved by the Commissioner.

3. A state-chartered risk retention group chartered in this State must file with the Commissioner on or before March 1 of each year a statement containing information concerning the immediately preceding year which must: (a) Be submitted in a form prescribed by the National Association of Insurance Commissioners; (b) Be prepared in accordance with the Annual Statement Instructions for the type of insurer to be reported on as adopted by the National Association of Insurance Commissioners for the year in which the insurer files the statement; (c) Utilize accounting principles in a manner that remains consistent among financial statements submitted each year and that are substantively identical to: (1) Generally accepted accounting principles, including any useful or necessary modifications or adaptations thereof that have been approved or accepted by the Commissioner for the type of insurance and kinds of insurers to be reported upon, and as supplemented by additional information required by the Commissioner; or (2) Statutory accounting principles, as described in the Accounting Practices and Procedures Manual adopted by the National Association of Insurance Commissioners effective on January 1, 2001, and as amended by the National Association of Insurance Commissioners after that date; and (d) Be submitted electronically, if required by the Commissioner.

4. The Commissioner shall transmit to the National Association of Insurance Commissioners a copy of: (a) All information submitted by a state-chartered risk retention group to the Commissioner pursuant to subsections 1 and 3; and (b) Any revisions to a plan of operation submitted to the Commissioner pursuant to subsection 2.
Nev. Rev. Stat. § 691D.210 — NV Code / Title 57 / Chapter 691D / Section 691D.210
Issuance or renewal of license for nonresident: Conditions
Status: in_force

The Commissioner may issue or renew a license as a producer of insurance in portable electronics insurance as a limited line pursuant to NRS 683A.261 or 683A.271 to an applicant who is not a resident of Nevada, including, without limitation, a resident of Canada:

1. Before July 1, 2014, if: (a) The jurisdiction in which the applicant resides or in which the applicant maintains his or her principal place of business does not provide for the issuance of a license as a producer of insurance in portable electronics insurance as a limited line; and (b) The applicant meets all other requirements for licensure.

2. On or after July 1, 2014, if: (a) The jurisdiction in which the applicant resides or in which the applicant maintains his or her principal place of business does not provide for the issuance of a license as a producer of insurance in portable electronics as a limited line; (b) The applicant is issued a license as a producer of insurance for property and casualty insurance in this State pursuant to NRS 683A.261 ; and (c) The applicant meets all other requirements for licensure.
Nev. Rev. Stat. § 695B.280 — NV Code / Title 57 / Chapter 695B / Section 695B.280
Regulations; limitations
Status: in_force

The Commissioner may adopt such reasonable regulations, not inconsistent with the provisions of this chapter, relating to the substance, form and issuance of any contract covering the furnishing of hospital or medical or dental services and required to be approved by the Commissioner as are necessary or desirable. The regulations may not prohibit the use in any such contract or agreement of:

1. The word “subscriber” as a designation of the obligee.

2. The phrase “a family member” as a designation for the members of the family of the obligee.

3. The word “contract” or “agreement” as a designation for the undertakings of the hospital or medical or dental service corporation.

4. The phrases “furnishing of service” or “payment of benefits” as a designation for the commitments of the hospital or medical or dental service corporation.

5. The phrase “the service” as a designation for the corporate obligor in any such contract or agreement.
Nev. Rev. Stat. § 692C.110 — NV Code / Title 57 / Chapter 692C / Section 692C.110
“Voting security” defined
Status: in_force

“ Voting security ” includes any security convertible into or evidencing a right to acquire a voting security.
Nev. Rev. Stat. § 693A.595 — NV Code / Title 57 / Chapter 693A / Section 693A.595
Meeting and vote of policyholders; notice
Status: in_force

1. Within 45 days after the date of the Commissioner's approval of a plan of reorganization pursuant to NRS 693A.590 , unless extended by the Commissioner for good cause, the mutual insurer shall hold a meeting of its policyholders at a reasonable time and place to vote upon the plan of reorganization. The mutual insurer shall give notice not less than 30 days before the meeting, by first-class mail to the last known address of each policyholder, that the plan of reorganization will be voted upon at a regular or special meeting of the policyholders. The notice must include a brief description of the plan of reorganization, a statement that the Commissioner has approved the plan of reorganization, and a written proxy permitting the policyholder to vote for or against the plan of reorganization. For the purposes of notice and voting, the policyholder of a policy of group insurance is the entity to which the group policy is issued and not any person covered under the group policy. A plan of reorganization is approved only if not less than two-thirds of the policyholders voting in person or by proxy at the meeting vote in favor of the plan of reorganization. Each policyholder is entitled to only one vote regardless of the number of policies owned by the policyholder. The Commissioner shall supervise and direct the conducting of the vote on the plan of reorganization as necessary to ensure that the vote is fair and consistent with the requirements of this section.

2. If a mutual insurer complies substantially and in good faith with the notice requirements of this section, the mutual insurer's failure to give any policyholder the required notice does not impair the validity of any action taken pursuant to this section.

3. If the meeting of policyholders to vote upon the plan of reorganization is held coincident with the mutual insurer's annual meeting of policyholders, only one combined notice of meeting is required.

4. The form of any proxy must be filed with and approved by the Commissioner.

5. For the purposes of notice and voting, a person is not a policyholder unless the person was a policyholder of the mutual insurer on the date on which the plan of reorganization was initially approved by the board of directors of the mutual insurer.
Nev. Rev. Stat. § 695I.110 — NV Code / Title 57 / Chapter 695I / Section 695I.110
“Small employer” defined
Status: in_force

“Small employer” has the meaning ascribed to it in NRS 689C.095 .
Nev. Rev. Stat. § 679B.133 — NV Code / Title 57 / Chapter 679B / Section 679B.133
Regulations: Requirements regarding use of identification cards and devices to process claims for prescription drugs and devices
Status: in_force

1. If a health care plan that provides coverage for prescription drugs or devices issues a single identification card or other device to an insured that contains information solely needed to process a claim for a prescription drug or device, the card or other device must conform to the requirements of the National Council for Prescription Drug Programs set forth in the NCPDP Pharmacy ID Card Implementation Guide that are consistent with applicable regulations adopted pursuant to the Health Insurance Portability and Accountability Act of 1996, Public Law 104-191 , as they may be amended from time to time, or must contain at least the following elements: (a) The name or logo of the administrator issuing the card or device. (b) The insured's identification number, which must be displayed on the front side of the card or device. (c) The name and address of the administrator to which prescription claims that are not processed electronically or correspondence should be sent. (d) The telephone number that providers may call for assistance concerning pharmacy benefits. (e) Complete information concerning routing of electronic transactions, including, without limitation, the international identification number and, if required by the administrator to process the claim, the processing control number and group number. The information on the card or device must be arranged in a manner that corresponds both in content and form to the content and form required by the plan to process the claim.

2. The Commissioner shall adopt such regulations as are necessary to carry out the provisions of this section.

3. As used in this section: (a) “ Administrator ” has the meaning ascribed to it in NRS 683A.025 , and includes a pharmacy benefits manager. (b) “ Health care plan ” has the meaning ascribed to it in NRS 679B.520 .
Nev. Rev. Stat. § 689A.035 — NV Code / Title 57 / Chapter 689A / Section 689A.035
Contracts between insurer and provider of health care: Prohibiting insurer from charging provider of health care fee for inclusion on list of providers given to insureds; insurer required to use form to obtain information on provider of health care; modification; submission by insurer of schedule of payments to provider
Status: in_force

1. An insurer 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 insurer to its insureds.

2. An insurer shall not contract with a provider of health care to provide health care to an insured unless the insurer 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 an insurer 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 insurer upon giving to the provider 45 days' written notice of the modification of the insurer'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 an insurer contracts with a provider of health care to provide health care to an insured, the insurer 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. § 692B.220 — NV Code / Title 57 / Chapter 692B / Section 692B.220
Mutual insurers: Qualifying applications for insurance
Status: in_force

1. Upon issuance of the required solicitation permit, the proposed insurer may commence solicitation of requisite applications for insurance policies and may receive deposits of premiums thereon.

2. All such applications shall be in writing signed by the applicant, covering subjects of insurance resident, located or to be performed in this state.

3. All such applications shall provide that: (a) Issuance of the policy is contingent upon the insurer qualifying for and receiving a certificate of authority; (b) No insurance is in effect unless and until the certificate of authority has been issued; (c) The prepaid premium or deposit, and membership or policy fee, if any, shall be refunded in full to the applicant if organization is not completed and the certificate of authority is not issued and received by the insurer before expiration or other termination of the solicitation permit; and (d) All qualifying premiums shall be paid in cash.

4. Solicitations for such qualifying applications for insurance shall be by licensed agents of the corporation; and the Commissioner shall upon the corporation's request therefor and fulfillment of the requirements applicable under chapter 683A of NRS (agents, brokers and solicitors), license as agents of the corporation individuals qualified therefor under, and subject to, such sections.
Nev. Rev. Stat. § 695H.130 — NV Code / Title 57 / Chapter 695H / Section 695H.130
Net worth
Status: in_force

1. Each medical discount plan must at all times maintain a net worth of $100,000.

2. The Commissioner shall not issue a registration or renewal of a registration for a medical discount plan unless the person registering or renewing the registration certifies that the medical discount plan has a net worth of at least $100,000.
Nev. Rev. Stat. § 686C.140 — NV Code / Title 57 / Chapter 686C / Section 686C.140
Board of Directors: Members; vacancies; initial selection; reimbursement of expenses
Status: in_force

1. The Board of Directors of the Association consists of not less than 7 nor more than 11 members, serving terms as established in the plan of operation.

2. The members of the Board who represent member insurers must be selected by member insurers subject to the approval of the Commissioner. If practicable, one of the members of the Board must be an officer of a domestic member insurer.

3. Two public representatives must be appointed to the Board by the Commissioner. A public representative may not be an officer, director or employee of a member insurer, engaged in the business of insurance or a health maintenance organization.

4. Vacancies on the Board must be filled for the remaining period of the term by majority vote of the members of the Board, subject to the approval of the Commissioner, for members who represent member insurers, and by the Commissioner for public representatives.

5. To select the initial Board of Directors, and initially organize the Association, the Commissioner shall give notice to all member insurers of the time and place of the organizational meeting. In determining voting rights at the organizational meeting, each member insurer is entitled to one vote in person or by proxy. If the Board of Directors is not selected within 60 days after notice of the organizational meeting, the Commissioner may appoint the initial members to represent member insurers in addition to the public representatives.

6. In approving selections or in appointing members to the Board, the Commissioner shall consider, among other things, whether all member insurers are fairly represented.

7. Members of the Board may be reimbursed from the assets of the Association for expenses incurred by them as members of the Board of Directors, but members of the Board may not otherwise be compensated by the Association for their services.
Nev. Rev. Stat. § 679B.460 — NV Code / Title 57 / Chapter 679B / Section 679B.460
Penalties for violation of or noncompliance with provisions or regulations
Status: in_force

1. An insurer who willfully or repeatedly violates or fails to comply with a provision of NRS 679B.400 to 679B.440 , inclusive, or a regulation adopted pursuant to NRS 679B.430 is subject, after notice and a hearing held pursuant to NRS 679B.310 to 679B.370 , inclusive, to payment of an administrative fine of not more than $1,000 for each day of the violation or failure to comply, up to a maximum fine of $50,000.

2. An insurer who fails or refuses to comply with an order issued by the Commissioner pursuant to NRS 679B.430 is subject, after notice and a hearing held pursuant to NRS 679B.310 to 679B.370 , inclusive, to suspension or revocation of the insurer's certificate of authority to transact insurance in this state.

3. The imposition of an administrative fine pursuant to this section must not be considered by the Commissioner in any other administrative proceeding unless the fine has been paid or a court order for payment of the fine has become final.
Nev. Rev. Stat. § 687B.723 — NV Code / Title 57 / Chapter 687B / Section 687B.723
Claim for dental care: Health carrier or administrator of health benefit plan prohibited from denying claim for which prior authorization has been granted; exceptions
Status: in_force

1. A health carrier which provides dental coverage or an administrator of a health benefit plan that includes dental coverage shall not refuse to pay a claim for dental care for which the health carrier or administrator, as applicable, has granted prior authorization unless: (a) A limitation on coverage provided under the applicable health benefit plan, including, without limitation, a limitation on total costs or frequency of services: (1) Did not apply at the time the prior authorization was granted; and (2) Applied at the time of the provision of the dental care for which the prior authorization was granted because additional covered dental care was provided to the insured after the prior authorization was granted and before the provision of the dental care for which prior authorization was granted; (b) The documentation provided by the person submitting the claim clearly fails to support the claim for which prior authorization was originally granted; (c) After the prior authorization was granted, additional dental care was provided to the insured or the condition of the insured otherwise changed such that: (1) The dental care for which prior authorization was granted is no longer medically necessary; or (2) The health carrier or administrator, as applicable, would be required to deny prior authorization under the terms and conditions of the applicable health benefit plan that were in effect at the time of the provision of the dental care for which prior authorization was granted; (d) Another person or entity is responsible for the payment; (e) The dentist has previously been paid for the procedures covered by the claim; (f) The claim was fraudulent or the prior authorization was based, in whole or in part, on materially false information provided by the dentist or insured or another person who is not affiliated with the health carrier or administrator, as applicable; or (g) The insured was not eligible to receive the dental care for which the claim was made on the date that the dental care was provided.

2. Any provision of a contract that conflicts with this section is against public policy, void and unenforceable.

3. As used in this section: (a) “ Medically necessary ” means dental care that a prudent dentist would provide to a patient to prevent, diagnose or treat an illness, injury or disease, or any symptoms thereof, that is necessary and: (1) Provided in accordance with generally accepted standards of dental practice; (2) Clinically appropriate with regard to type, frequency, extent, location and duration; (3) Not primarily provided for the convenience of the patient or dentist; (4) Required to improve a specific dental condition of a patient or to preserve the existing state of oral health of the patient; and (5) The most clinically appropriate level of dental care that may be safely provided to the patient. (b) “ Prior authorization ” means any communication issued by a health carrier which provides dental coverage or an administrator of a health benefit plan that includes dental coverage in response to a request by a dentist in the form prescribed by the health carrier or administrator, as applicable, which indicates that specific dental care provided to an insured is: (1) Covered under the health benefit plan issued to the insured; and (2) Reimbursable in a specific amount, subject to applicable deductibles, copayments and coinsurance.
Nev. Rev. Stat. § 681B.109 — NV Code / Title 57 / Chapter 681B / Section 681B.109
Valuation of purchase money mortgages
Status: in_force

Purchase money mortgages on real property referred to in subsection 1 of NRS 681B.108 shall be valued in an amount not exceeding the acquisition cost of the real property covered thereby or 90 percent of the fair value of such real property, whichever is less.
Nev. Rev. Stat. § 682A.335 — NV Code / Title 57 / Chapter 682A / Section 682A.335
Qualification or requalification of admitted asset on or after date of acquisition
Status: in_force

An investment qualified, in whole or in part, for acquisition or holding as an admitted asset may be qualified or requalified at the time of acquisition or a later date, in whole or in part, in accordance with any section of this chapter if the relevant conditions contained in that section are satisfied at the time of qualification or requalification.
Nev. Rev. Stat. § 696C.010 — NV Code / Title 57 / Chapter 696C / Section 696C.010
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 696C.020 and 696C.030 have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 690B.037 — NV Code / Title 57 / Chapter 690B / Section 690B.037
Authority of owner or authorized agent to give consent for towing and storage of damaged motor vehicle
Status: in_force

The owner of a motor vehicle or the authorized agent of the owner who makes a claim under a policy of insurance for damages to the motor vehicle may give his or her consent for:

1. If the insurer provides notice to the owner or the authorized agent of the owner that the motor vehicle is a total loss vehicle as that term is defined in NRS 487.790 , the motor vehicle to be towed and placed in storage at the direction and expense of the insurer; or

2. If the insurer provides notice to the owner or the authorized agent of the owner that the motor vehicle is a repairable vehicle, the motor vehicle to be towed to a repair shop designated by the owner or the authorized agent of the owner.
Nev. Rev. Stat. § 689C.1065 — NV Code / Title 57 / Chapter 689C / Section 689C.1065
Applicability
Status: in_force

The provisions of this chapter apply to health benefit plans that provide coverage to the employees of small employers in this state and to carriers that offer those health benefit plans if:

1. A portion of the premium or benefits are paid by or on behalf of the small employer;

2. An eligible employee or a dependent of the eligible employee is reimbursed for a portion of the premium, whether by wage adjustments or otherwise, by or on behalf of the small employer; or

3. The health benefit plan is considered by the small employer or any of the small employer’s eligible employees or dependents as part of a plan or program for the purposes of section 106 , 125 or 162 of the Internal Revenue Code , 26 U.S.C. § 106 , 125 or 162 .
Nev. Rev. Stat. § 696C.140 — NV Code / Title 57 / Chapter 696C / Section 696C.140
Effect of chapter on Commissioner’s power to institute delinquency proceedings
Status: in_force

Nothing in this chapter shall be construed to limit the authority of the Commissioner to institute delinquency proceedings against an insurer pursuant to chapter 696B of NRS for the purpose of conserving, rehabilitating, reorganizing or liquidating the insurer, without regard to whether the Commissioner has currently or previously placed the insurer under administrative supervision pursuant to NRS 696C.100 .
Nev. Rev. Stat. § 691E.010 — NV Code / Title 57 / Chapter 691E / Section 691E.010
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 691E.020 to 691E.180 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 680A.300 — NV Code / Title 57 / Chapter 680A / Section 680A.300
Agent required; execution of emergency bond
Status: in_force

1. No authorized insurer may make, write, place, renew or cause to be made, placed or renewed, any policy or duplicate policy, endorsement or contract of insurance of any kind upon persons, property or risks resident, located or to be performed in this State, except through its duly appointed and licensed agents.

2. In any case where it is necessary to execute an emergency bond and a commissioned agent authorized to execute the bond is not present, a manager or other employee of the insurer having authority under a power of attorney may execute the bond in order to produce a valid contract between the insurer and the obligee. The commissioned agent who executes the bond shall make and retain an adequate office record of the transaction.
Nev. Rev. Stat. § 682B.160 — NV Code / Title 57 / Chapter 682B / Section 682B.160
Trust agreement: Amendment
Status: in_force

A trust agreement may be amended, but the amendment shall not be effective until filed with and approved in writing by the Commissioner as being in compliance with NRS 682B.130 to 682B.250 , inclusive.
Nev. Rev. Stat. § 690D.065 — NV Code / Title 57 / Chapter 690D / Section 690D.065
“Long-term lessee” defined
Status: in_force

“ Long-term lessee ” has the meaning ascribed to it in NRS 482.053 .
Nev. Rev. Stat. § 692A.1042 — NV Code / Title 57 / Chapter 692A / Section 692A.1042
Additional requirements regarding substitute form of security; interest or dividends accrue to depositor
Status: in_force

1. As a substitute for the surety bond required by NRS 692A.1041 , a title agent or title insurer may, in accordance with the provisions of this section, deposit with any bank or trust company authorized to do business in this state, in a form approved by the Commissioner: (a) An obligation of a bank, savings and loan association, savings bank, thrift company or credit union licensed to do business in this state; (b) Bills, bonds, notes, debentures or other obligations of the United States or any agency or instrumentality thereof, or guaranteed by the United States; or (c) Any obligation of this state or any city, county, town, township, school district or other instrumentality of this state, or guaranteed by this state.

2. The obligations of a bank, savings and loan association, savings bank, thrift company or credit union must be held to secure the same obligation as would the surety bond. With the approval of the Commissioner, the depositor may substitute other suitable obligations for those deposited which must be assigned to the State of Nevada and are negotiable only upon approval by the Commissioner.

3. Any interest or dividends earned on the deposit accrue to the account of the depositor.

4. The deposit must be in an amount at least equal to the required surety bond and must state that the amount may not be withdrawn except by direct and sole order of the Commissioner. The value of any item deposited pursuant to this section must be based upon principal amount or market value, whichever is lower.
Nev. Rev. Stat. § 682A.508 — NV Code / Title 57 / Chapter 682A / Section 682A.508
Notification to Commissioner of insufficient reserves
Status: in_force

If a property and casualty, financial guaranty, mortgage guaranty or accident and health insurer's assets and reserves do not comply with NRS 682A.502 and 682A.504 , the insurer shall notify the Commissioner immediately of the amount by which the reserve requirements exceed the annual statement value of the qualifying assets, explain why the deficiency exists and, within 30 days after the date of the notice, propose a plan of action to remedy the deficiency.
Nev. Rev. Stat. § 690B.017 — NV Code / Title 57 / Chapter 690B / Section 690B.017
Provisions for arbitration not binding
Status: in_force

No provision for arbitration contained in an automobile liability or motor vehicle liability insurance policy delivered, issued for delivery or renewed in this State is binding upon the named insured or any other person who makes a claim under the policy.
Nev. Rev. Stat. § 692A.1044 — NV Code / Title 57 / Chapter 692A / Section 692A.1044
Action on bond: Procedure; limitation on time; duties of Commissioner; preliminary payment by surety; action for interpleader; payment
Status: in_force

1. Any person claiming against a bond may bring an action in a court of competent jurisdiction on the bond for damages to the extent covered by the bond. A person who brings an action on a bond shall notify the Commissioner in writing upon filing the action. An action may not be commenced after the expiration of 3 years following the commission of the act on which the action is based.

2. Upon receiving a request from a person for whose benefit a bond is required, the Commissioner shall notify the person: (a) That a bond is in effect and the amount of the bond; and (b) If there is an action against the bond, the title, court and case number of the action and the amount sought by the plaintiff.

3. If a surety wishes to make payment without awaiting action by a court, the amount of the bond must be reduced to the extent of any payment made by the surety in good faith under the bond. Any payment must be based on written claims received by the surety before any action is taken by a court.

4. The surety may bring an action for interpleader against all claimants upon the bond. If it does so, it shall publish notice of the action at least once each week for 2 weeks in every issue of a newspaper of general circulation in the county where the title agent or title insurer has its principal place of business. The surety may deduct its costs of the action, including attorney's fees and publication, from its liability under the bond.

5. Claims against a bond have equal priority, and if the bond is insufficient to pay all claims in full, they must be paid on a pro rata basis. Partial payment of claims is not full payment, and any claimant may bring an action against the title agent or title insurer for the unpaid balance.
Nev. Rev. Stat. § 695J.180 — NV Code / Title 57 / Chapter 695J / Section 695J.180
Contents of certificate; holder required to make certificate available for public inspection and inform Commissioner of locations of business
Status: in_force

1. A certificate issued pursuant to this chapter must state the certificate holder's name, address, personal identification number, the date of issuance and the date of expiration, and must contain any other information the Commissioner considers necessary. The certificate must be made available by the certificate holder for public inspection upon request.

2. A certificate holder shall inform the Commissioner of all locations from which he or she conducts business and of each change of business or residence address, in writing or by other means acceptable to the Commissioner, within 30 days after the date on which the change takes place. If a certificate holder changes his or her business or residence address without giving written notice and the Commissioner is unable to locate the certificate holder after diligent effort, the Commissioner may revoke the certificate without a hearing. The mailing of a letter by certified mail, return receipt requested, addressed to the certificate holder at his or her last mailing address appearing on the records of the Division, and the return of the letter undelivered, constitutes a diligent effort by the Commissioner.
Nev. Rev. Stat. § 695B.320 — NV Code / Title 57 / Chapter 695B / Section 695B.320
Applicability of other provisions
Status: in_force

1. Nonprofit hospital and medical or dental service corporations are subject to the provisions of this chapter, and to the provisions of chapters 679A and 679B of NRS, subsections 2, 4, 17, 18 and 30 of NRS 680B.010 , NRS 680B.025 to 680B.060 , inclusive, chapter 681B of NRS, NRS 686A.010 to 686A.315 , inclusive, 686B.010 to 686B.175 , inclusive, 687B.010 to 687B.040 , inclusive, 687B.070 to 687B.140 , inclusive, 687B.150 , 687B.160 , 687B.180 , 687B.200 to 687B.255 , inclusive, 687B.270 , 687B.310 to 687B.380 , inclusive, 687B.410 , 687B.420 , 687B.430 , 687B.500 and chapters 692B, 692C, 693A and 696B of NRS, to the extent applicable and not in conflict with the express provisions of this chapter.

2. For the purposes of this section and the provisions set forth in subsection 1, a nonprofit hospital and medical or dental service corporation is included in the meaning of the term “insurer.”
Nev. Rev. Stat. § 683A.3715 — NV Code / Title 57 / Chapter 683A / Section 683A.3715
Approval to conduct external reviews: Application; fee; period of validity; reapproval; termination of approval; list maintained by Commissioner; regulations
Status: in_force

1. An independent review organization must be approved by the Commissioner to be eligible to be assigned to conduct external reviews.

2. In order to be eligible for approval or reapproval by the Commissioner to conduct external reviews, an independent review organization: (a) Except as otherwise provided in this section, must be accredited by a nationally recognized private accrediting entity which the Commissioner has determined has standards for the accreditation of independent review organizations that are equivalent to or exceed the minimum qualifications for independent review organizations established under NRS 683A.372 ; and (b) Must submit an application in accordance with subsection 4.

3. The Commissioner shall develop an application form for the initial approval and reapproval of an independent review organization to conduct external reviews.

4. An independent review organization wishing to be approved or reapproved to conduct external reviews must submit the application form and include with the form all documentation and information necessary for the Commissioner to determine if the independent review organization satisfies the minimum qualifications established under NRS 683A.372 .

5. The Commissioner may approve an independent review organization that is not accredited by a nationally recognized private accrediting entity if there are no acceptable nationally recognized private accrediting entities providing accreditation of independent review organizations.

6. The Commissioner may charge any applicable fee which an independent review organization must submit to the Commissioner with its application for initial approval or reapproval.

7. An approval or reapproval is effective for 2 years unless the Commissioner determines before its expiration that the independent review organization does not satisfy the minimum qualifications established under NRS 683A.372 .

8. Whenever the Commissioner determines that an independent review organization has lost its accreditation or no longer satisfies the minimum requirements established under NRS 683A.372 , the Commissioner shall terminate the approval of the independent review organization and remove the independent review organization from the list of independent review organizations approved to conduct external reviews that is maintained by the Commissioner pursuant to subsection 9.

9. The Commissioner shall maintain and periodically update a list of approved independent review organizations.

10. The Commissioner may adopt regulations to carry out the provisions of this section.

11. As used in this section, “independent review organization” has the meaning ascribed to it in NRS 695G.026 .
Nev. Rev. Stat. § 695B.1929 — NV Code / Title 57 / Chapter 695B / Section 695B.1929
Required provision of coverage for management and treatment of sickle cell disease and its variants; policy covering prescription drugs required to provide coverage for medically necessary prescription drugs to treat sickle cell disease and its variants
Status: in_force

1. A hospital or medical service corporation that issues a policy of health insurance shall include in the policy coverage for: (a) Necessary case management services for an insured who has been diagnosed with sickle cell disease and its variants; and (b) Medically necessary care for an insured who has been diagnosed with sickle cell disease and its variants.

2. A hospital or medical service corporation that issues a policy of health insurance which provides coverage for prescription drugs shall include in the policy coverage for medically necessary prescription drugs to treat sickle cell disease and its variants.

3. A hospital or medical service corporation 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.

4. As used in this section: (a) “ Case management services ” means medical or other health care management services to assist patients and providers of health care, including, without limitation, identifying and facilitating additional resources and treatments, providing information about treatment options and facilitating communication between providers of services to a patient. (b) “ Medical management technique ” means a practice which is used to control the cost or utilization of health care services. 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) “ Medically necessary ” has the meaning ascribed to it in NRS 695G.055 . (d) “ Sickle cell disease and its variants ” has the meaning ascribed to it in NRS 439.4927 .
Nev. Rev. Stat. § 694C.113 — NV Code / Title 57 / Chapter 694C / Section 694C.113
“Participant” defined
Status: in_force

“ Participant ” means a corporation, association, limited-liability company, partnership, trust, sponsor or other business organization, and any affiliate thereof, that is insured by a sponsored captive insurer, where the losses of the participant are limited by a participant contract to the participant's pro rata share of the assets of one or more protected cells identified in such participant contract.
Nev. Rev. Stat. § 680A.330 — NV Code / Title 57 / Chapter 680A / Section 680A.330
Retaliatory provision
Status: in_force

1. When, by or pursuant to the laws of any other state or foreign country or province, any taxes, licenses and other fees in the aggregate, and any fines, penalties, deposit requirements or other material requirements, obligations, prohibitions or restrictions are or would be imposed upon Nevada insurers doing business or that might seek to do business in such state, country or province, or upon the agents or representatives of such insurers or upon brokers or adjusters, which are in excess of such taxes, licenses and other fees in the aggregate, or which are in excess of the fines, penalties, deposit requirements or other requirements, obligations, prohibitions or restrictions directly imposed upon similar insurers, or upon the agents or representatives of such insurers, or upon brokers, or upon adjusters, of such other state, country or province under the statutes of this state, so long as such laws of such other state, country or province continue in force or are so applied, the same taxes, licenses and other fees in the aggregate, or fines, penalties or deposit requirements or other material requirements, obligations, prohibitions or restrictions of whatever kind must be imposed by the Commissioner or the Department of Taxation upon the insurers, or upon the agents or representatives of such insurers, or upon brokers, of such other state, country or province doing business or seeking to do business in Nevada. Any tax, license or other fee or other obligation imposed by any city, county or other political subdivision or agency of such other state, country or province on Nevada insurers or their agents, representatives or adjusters shall be deemed to be imposed by such state, country or province within the meaning of this section.

2. This section does not apply to: (a) Personal income taxes; (b) Ad valorem taxes on real or personal property; or (c) Special purpose obligations or assessments imposed by another state in connection with particular kinds of insurance other than property insurance, except that deductions, from premium taxes or other taxes otherwise payable, allowed on account of real or personal property taxes paid must be taken into consideration by the Commissioner and the Executive Director of the Department of Taxation in determining the propriety and extent of retaliatory action under this section.

3. For the purposes of this section the domicile of an alien insurer, other than insurers formed under the laws of Canada or a province thereof, is that state designated by the insurer in writing filed with the Commissioner at the time of admission to this state or within 6 months after January 1, 1972, whichever date is the later, and may be any one of the following states: (a) That in which the insurer was first authorized to transact insurance; (b) That in which is located the insurer's principal place of business in the United States of America; or (c) That in which is held the largest deposit of trusteed assets of the insurer for the protection of its policyholders in the United States of America. If the insurer makes no such designation, its domicile shall be deemed to be that state in which is located its principal place of business in the United States of America.

4. The domicile of a Canadian insurer is the province of Canada in which its head office is located.
Nev. Rev. Stat. § 683A.241 — NV Code / Title 57 / Chapter 683A / Section 683A.241
Examination for license: Requirement; contents; regulations; contracts for administration; fee; failure to appear
Status: in_force

1. A resident natural person applying for a license as a producer of insurance must pass a written examination unless exempt under NRS 683A.291 . The examination must test knowledge concerning the lines of authority for which application is made, the duties and responsibilities of a producer and the laws and regulations of this state relating to insurance. The Commissioner shall adopt regulations for developing and conducting examinations required by this section.

2. The Commissioner may contract with a person outside the Division for administering examinations, processing applications, collecting fees and performing any other functions the Commissioner considers appropriate.

3. Each natural person applying for an examination shall pay a nonrefundable fee in an amount prescribed by the Commissioner to defray the cost of processing the application and administering the examination.

4. An applicant who fails to appear for the examination as scheduled or fails to pass the examination must reapply for examination and pay the required fee in order to be scheduled for another examination.
Nev. Rev. Stat. § 685B.130 — NV Code / Title 57 / Chapter 685B / Section 685B.130
Proof of regulation by Federal Government
Status: in_force

A person may show that the person is subject to regulation by an agency of the Federal Government by providing the Commissioner with the appropriate certificate or other document which permits the person to provide those services.
Nev. Rev. Stat. § 695C.290 — NV Code / Title 57 / Chapter 695C / Section 695C.290
Insurance company authorized to establish or contract with health maintenance organization
Status: in_force

1. An insurance company licensed in this State may either directly or through a subsidiary or affiliate organize and operate a health maintenance organization under the provisions of this chapter. Notwithstanding any other law which may be inconsistent herewith, any two or more such insurance companies or subsidiaries or affiliates thereof may jointly organize and operate a health maintenance organization. The business of insurance is deemed to include the providing of health care by a health maintenance organization owned or operated by an insurer or a subsidiary thereof.

2. An insurer may contract with a health maintenance organization to provide insurance or similar protection against the cost of care provided through health maintenance organizations and to provide coverage in the event of the failure of the health maintenance organization to meet its obligations. Among other things, under such contracts the insurer may make benefit payments to health maintenance organizations for health care services rendered by providers pursuant to the health care plan.
Nev. Rev. Stat. § 689B.380 — NV Code / Title 57 / Chapter 689B / Section 689B.380
“Creditable coverage” defined
Status: in_force

“ Creditable coverage ” means health benefits or coverage provided to a person pursuant to:

1. A group health plan;

2. A health benefit plan;

3. Part A or Part B of Title XVIII of the Social Security Act, 42 U.S.C. §§ 1395c et seq., also known as Medicare;

4. Title XIX of the Social Security Act, 42 U.S.C. §§ 1396 et seq., also known as Medicaid, other than coverage consisting solely of benefits under section 1928 of that Title, 42 U.S.C. § 1396s ;

5. The Civilian Health and Medical Program of Uniformed Services, CHAMPUS, 10 U.S.C. §§ 1071 et seq. ;

6. A medical care program of the Indian Health Service or of a tribal organization;

7. A state health benefit risk pool;

8. A health plan offered pursuant to the Federal Employees Health Benefits Program, FEHBP, 5 U.S.C. §§ 8901 et seq. ;

9. A public health plan as defined in 45 C.F.R. § 146.113 , authorized by the Public Health Service Act, 42 U.S.C. § 300gg(c)(1)(I) ;

10. A health benefit plan under section 5(e) of the Peace Corps Act, 22 U.S.C. § 2504(e) ;

11. The Children's Health Insurance Program established pursuant to 42 U.S.C. §§ 1397aa to 1397jj , inclusive;

12. A short-term health insurance policy; or

13. A blanket accident and health insurance policy.
Nev. Rev. Stat. § 688D.110 — NV Code / Title 57 / Chapter 688D / Section 688D.110
Notice to State Treasurer upon reversion by escheat; contents; transfer to State Treasurer of unclaimed benefit and interest; exception
Status: in_force

1. An insurer shall notify the State Treasurer upon the reversion by escheat of a benefit under a policy of life insurance or an annuity. The notice must state that: (a) The beneficiary under the policy or annuity has failed to submit a claim with the insurer; and (b) The insurer has complied with NRS 688D.090 and, after a good faith effort which has been documented pursuant to NRS 688D.090 , has been unable to contact any beneficiary of the policy or annuity.

2. As soon as practicable after providing notice pursuant to subsection 1, an insurer shall transfer to the State Treasurer the amount of the unclaimed benefit owed under the policy of life insurance or annuity, including any accrued interest thereon.

3. The provisions of this section do not apply to a death benefit which vests under a benefit contract and which is payable pursuant to subsection 3 of NRS 695A.210 .
Nev. Rev. Stat. § 689B.290 — NV Code / Title 57 / Chapter 689B / Section 689B.290
Definitions
Status: in_force

As used in NRS 689B.290 to 689B.330 , inclusive, unless the context otherwise requires:

1. “Medicaid” means a program established in any state pursuant to Title XIX of the 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.

2. “Order for medical coverage” means an order of a court or administrative tribunal to provide coverage under a group health policy to a child pursuant to the provisions of 42 U.S.C. § 1396g-1 .
Nev. Rev. Stat. § 682A.087 — NV Code / Title 57 / Chapter 682A / Section 682A.087
“Future” defined
Status: in_force

“ Future ” means an agreement, traded on a qualified exchange or qualified foreign exchange, to make or take delivery of, or effect a cash settlement based on the actual or expected price, level, performance or value of one or more underlying interests.
Nev. Rev. Stat. § 691C.110 — NV Code / Title 57 / Chapter 691C / Section 691C.110
“Dual-interest insurance” defined
Status: in_force

“ Dual-interest insurance ” means credit personal property insurance covering the interest of the creditor or seller and any portion of the interest of the borrower in goods purchased through the credit transaction or pledged as collateral for the credit transaction.
Nev. Rev. Stat. § 694C.210 — NV Code / Title 57 / Chapter 694C / Section 694C.210
Application: Requirement; contents
Status: in_force

A captive insurer must apply to the Commissioner for a license. The application must include:

1. A certified copy of the charter and bylaws of the captive insurer;

2. A pro forma financial statement for the captive insurer that has been prepared by a certified public accountant or an actuary authorized by the Division to conduct business in this State;

3. Any other statements or documents that the Commissioner requires to be filed with the application;

4. Evidence of: (a) The amount and liquidity of its assets relative to the risks to be assumed by the captive insurer; (b) The expertise, experience and character of the persons who will manage the captive insurer; (c) The overall soundness of the plan of operation of the captive insurer; and (d) The adequacy of the programs of the captive insurer providing for loss prevention by its parent or member organizations, as applicable; and

5. Such other information deemed to be relevant by the Commissioner in ascertaining whether the proposed captive insurer will be able to meet its policy obligations.
Nev. Rev. Stat. § 692B.070 — NV Code / Title 57 / Chapter 692B / Section 692B.070
Application for solicitation permit
Status: in_force

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

1. A written application for any permit required under NRS 692B.040 must be filed with the Commissioner. The application must include or be accompanied by: (a) The name, type and purposes of the insurer, corporation, syndicate, association, firm or organization formed or proposed to be formed or financed; (b) On forms furnished by the Commissioner, for each person associated or to be associated as incorporator, director, promoter, manager or in other similar capacity in the enterprise, or in the formation of the proposed insurer, corporation, syndicate, association, firm or organization, or in the proposed financing: (1) The person's name, residential address and qualifications; and (2) The person's business background and experience for the preceding 10 years; (c) A full disclosure of the terms of all pertinent understandings and agreements existing or proposed among any persons or entities so associated or to be associated, and a copy of each such agreement; (d) Executed quadruplicate originals of the articles of incorporation of a proposed domestic stock or mutual insurer; (e) The original and one copy of the proposed bylaws of a proposed domestic stock or mutual insurer; (f) The plan according to which solicitations are to be made and a reasonably detailed estimate of all organization and sales expenses to be incurred in the proposed organization and offering; (g) A copy of any security, receipt or certificate proposed to be offered, and a copy of any proposed subscription agreement or application therefor; (h) A copy of any prospectus, offering circular, advertising or sales literature or material proposed to be used; (i) A copy of the proposed form of any escrow agreement required; (j) A copy of: (1) The articles of incorporation of any corporation, other than a proposed domestic insurer, proposing to offer its securities, certified by the public officer having custody of the original thereof; (2) Any syndicate, association, firm, organization or other similar agreement, by whatever name called, if funds for any of the purposes referred to in subsection 1 of NRS 692B.040 are to be secured through the sale of any security, interest or right in or relative to such syndicate, association, firm or organization; and (3) If the insurer is, or is to be, a reciprocal insurer, the power of attorney and of other agreements existing or proposed affecting subscribers, investors, the attorney-in-fact or the insurer; (k) If the applicant is a natural person, the statement required pursuant to NRS 692B.193 ; and (l) Such additional pertinent information as the Commissioner may reasonably require.

2. The application must be accompanied by a deposit of the fees required under NRS 680B.010 for the filing of the application and for issuance of the permit, if granted.

3. If the applicant is a natural person, the application must include the social security number of the applicant.

4. In lieu of a special filing thereof of information required by subsection 1, the Commissioner may accept a copy of any pertinent filing made with the Securities and Exchange Commission relative to the same offering.

5. Each person identified in paragraph (b) of subsection 1 who is a resident of this State must, as part of his or her application and at the person'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 person'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 person'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 person were taken and directly forwarded electronically or by another means to the Central Repository and that the person 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 person's background and to such other law enforcement agencies as the Commissioner deems necessary.

6. The Commissioner may: (a) Unless the person's fingerprints are directly forwarded pursuant to subparagraph (2) of paragraph (b) of subsection 5, 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; and (b) Request from each such agency any information regarding the person's background as the Commissioner deems necessary.
Nev. Rev. Stat. § 696B.350 — NV Code / Title 57 / Chapter 696B / Section 696B.350
Limitations on enjoining, restraining or interfering with insurer’s business or appointment of receiver; action by judgment creditor
Status: in_force

1. Except as provided in subsection 2, no order, judgment or decree enjoining, restraining or interfering with the prosecution of the business of any insurer or for the appointment of a temporary or permanent receiver of a domestic insurer shall be made or granted otherwise than upon the petition of the Commissioner represented by the Attorney General as provided in this chapter.

2. A judgment creditor may commence an action for the enforcement and protection of his or her judgment or institute proceedings supplementary to execution against any such debtor insurer, giving 30 days' notice to the Commissioner of the judgment creditor’s intention so to do, and in any such action or proceeding the court may, subject to NRS 696B.340 , appoint a receiver for the purposes thereof as the court may deem necessary.
Nev. Rev. Stat. § 693B.160 — NV Code / Title 57 / Chapter 693B / Section 693B.160
Presumption of acute emergency; powers of board or emergency board of directors
Status: in_force

1. In any action or proceeding it shall be presumed that an acute emergency existing within any city or county within the state constitutes an acute emergency affecting every organization doing business within such city or county.

2. During an acute emergency: (a) The board of a domestic organization which has adopted emergency bylaws, approved by the Commissioner, shall have the powers conferred by such bylaws and, except as provided in subsection 1 of NRS 693B.130 , shall, to the extent that such bylaws relate to the subject matter contained in NRS 693B.040 to 693B.100 , inclusive, have no other or different powers with respect to such subject matter. (b) The board of a domestic organization which has not adopted emergency bylaws, approved by the Commissioner, shall have all powers of an emergency board of directors pursuant to NRS 693B.030 to 693B.100 , inclusive.
Nev. Rev. Stat. § 694C.060 — NV Code / Title 57 / Chapter 694C / Section 694C.060
“Captive insurer” defined
Status: in_force

“ Captive insurer ” means:

1. Any pure captive insurer, association captive insurer, agency captive insurer, rental captive insurer and sponsored captive insurer licensed pursuant to this chapter. The term includes a pure captive insurer who, unless otherwise provided by the Commissioner, is a branch captive insurer with respect to operations in this State.

2. Any state-chartered risk retention group.
Nev. Rev. Stat. § 693A.575 — NV Code / Title 57 / Chapter 693A / Section 693A.575
Procedure for reorganization
Status: in_force

A domestic mutual insurer may, by complying with NRS 693A.550 to 693A.665 , inclusive, and obtaining the approval of the Commissioner, reorganize by:

1. Merging the membership interests of its policyholders into: (a) A mutual insurance holding company formed for the purpose of the reorganization; or (b) An existing mutual insurance holding company; and

2. Continuing the corporate existence of the mutual insurer as a stock insurer subsidiary of the mutual insurance holding company.
Nev. Rev. Stat. § 682A.023 — NV Code / Title 57 / Chapter 682A / Section 682A.023
“Asset-backed security” defined
Status: in_force

“ Asset-backed security ” means a security or other instrument, excluding a mutual fund, evidencing an interest in, or the right to receive payments from, or payable from distributions on, an asset, a pool of assets or specifically divisible cash flows which are legally transferred to a trust, or another special purpose bankruptcy-remote business entity, which meets the conditions set forth in NRS 682A.245 .
Nev. Rev. Stat. § 688C.215 — NV Code / Title 57 / Chapter 688C / Section 688C.215
License to operate as investment agent or broker of viatical settlements not required for certain producers of insurance; registration with Division and compliance with certain provisions required; fee; penalty
Status: in_force

1. A natural person who has been licensed for at least 1 year and who is in good standing as a resident or nonresident producer of insurance with a life insurance qualification is not required to be licensed as an investment agent or a broker of viatical settlements.

2. A licensed producer of insurance specified in subsection 1 must register with the Division not more than 30 days after first operating as an investment agent or a broker of viatical settlements, on a form prescribed by the Commissioner, and pay the fee for registration pursuant to NRS 680B.010 . Failure to register within the required period or late payment of or failure to pay the fee may result in the imposition of an administrative fine of not more than $500.

3. A producer of insurance who acts as an investment agent or a broker of viatical settlements pursuant to subsection 1 shall comply with the provisions of NRS 688C.220 to 688C.250 , inclusive, and 688C.310 .
Nev. Rev. Stat. § 695B.19045 — NV Code / Title 57 / Chapter 695B / Section 695B.19045
Policy covering prescription drugs: Required actions by corporation related to acquisition of prescription drugs for certain insureds residing in area for which emergency or disaster has been declared
Status: in_force

1. If the Governor or the Legislature proclaims the existence of a state of emergency or issues a declaration of disaster pursuant to NRS 414.070 , a hospital or medical services corporation who has issued a policy of health insurance which provides coverage for prescription drugs shall, notwithstanding any provision of the policy to the contrary: (a) Waive any provision of the policy restricting the time within which an insured may refill a covered prescription if the insured: (1) Has not exceeded the number of refills authorized by the prescribing practitioner; (2) Resides in the area for which the emergency or disaster has been declared; and (3) Requests the refill not later than the end of the state of emergency or disaster or 30 days after the issuance of the proclamation or declaration, whichever is later; and (b) Authorize payment for, and may apply a copayment, coinsurance or deductible to, a supply of a covered prescription drug for up to 30 days for an insured who requests a refill pursuant to paragraph (a).

2. The Commissioner may extend the time periods prescribed by subsection 1 in increments of 15 or 30 days as he or she determines to be necessary.

3. As used in this section, “practitioner” has the meaning ascribed to it in NRS 639.0125 .
Nev. Rev. Stat. § 680A.220 — NV Code / Title 57 / Chapter 680A / Section 680A.220
Suspension of certificate of authority: Duration; insurer's obligations during suspension period; reinstatement
Status: in_force

1. Suspension of an insurer's certificate of authority must be for such period as the Commissioner specifies in the order of suspension, but not to exceed 1 year. During the suspension period the Commissioner may rescind or shorten the suspension by further order.

2. During the suspension period the insurer shall not solicit or write any new business in this state, but must file its annual statement, pay fees, licenses and taxes as required under this Code, and may service its business already in force in this state, as if the certificate of authority had continued in full force.

3. Upon expiration of the suspension period, if within such period the certificate of authority has not terminated, the insurer's certificate of authority is automatically reinstated unless the Commissioner finds that the causes of the suspension, being other than a past event, are continuing, or that the insurer is otherwise not in compliance with the requirements of this Code, and of which the Commissioner shall give the insurer notice not less than 30 days in advance of expiration of the suspension period.

4. Upon reinstatement of the insurer's certificate of authority, the authority of its agents in this state to represent the insurer is also reinstated. The Commissioner shall promptly notify the insurer and its agents in this state, of record in the Division, of such reinstatement.
Nev. Rev. Stat. § 689A.410 — NV Code / Title 57 / Chapter 689A / Section 689A.410
Approval or denial of claims; payment of claims and interest; requests for additional information; award of costs and attorney's fees; compliance with requirements; imposition of administrative fine or suspension or revocation of certificate of authority for failure to comply
Status: in_force

1. Except as otherwise provided in subsection 2 and NRS 439B.754 , an insurer shall approve or deny a claim relating to a policy of health 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. Except as otherwise provided in this section, if the approved claim is not paid within that period, the insurer shall pay interest on the claim at a rate of interest equal to the prime rate at the largest bank in Nevada, as ascertained by the Commissioner of Financial Institutions, on January 1 or July 1, as the case may be, immediately preceding the date on which the payment was due, plus 6 percent. The interest must be calculated from 30 days after the date on which the claim is approved until the date on which the claim is paid.

2. If the insurer 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 insurer shall notify the provider of health care of all the specific reasons for the delay in approving or denying the claim. The insurer shall approve or deny the claim within 30 days after receiving the additional information. If the claim is approved, the insurer shall pay the claim within 30 days after it receives the additional information. 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.

3. An insurer shall not request a claimant to resubmit information that the claimant has already provided to the insurer, unless the insurer 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. An insurer 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.

6. The payment of interest provided for in this section for the late payment of an approved claim may be waived only if the payment was delayed because of an act of God or another cause beyond the control of the insurer.

7. The Commissioner may require an insurer to provide evidence which demonstrates that the insurer has substantially complied with the requirements set forth in this section, including, without limitation, payment within 30 days of at least 95 percent of approved claims or at least 90 percent of the total dollar amount for approved claims.

8. If the Commissioner determines that an insurer is not in substantial compliance with the requirements set forth in this section, the Commissioner may require the insurer to pay an administrative fine in an amount to be determined by the Commissioner. Upon a second or subsequent determination that an insurer is not in substantial compliance with the requirements set forth in this section, the Commissioner may suspend or revoke the certificate of authority of the insurer.
Nev. Rev. Stat. § 686C.104 — NV Code / Title 57 / Chapter 686C / Section 686C.104
“Owner” defined
Status: in_force

“ Owner ” of a policy or contract means the person who is identified as the legal owner under the terms of the policy or contract or who is otherwise vested with legal title to the policy or contract through a valid assignment completed in accordance with the terms of the policy or contract and properly recorded as the owner on the books of the issuer.
Nev. Rev. Stat. § 683A.379 — NV Code / Title 57 / Chapter 683A / Section 683A.379
Penalty
Status: in_force

A person who violates any provision of NRS 683A.375 to 683A.378 , inclusive, shall be punished by a fine of not more than $1,000.
Nev. Rev. Stat. § 690C.020 — NV Code / Title 57 / Chapter 690C / Section 690C.020
“Administrator” defined
Status: in_force

“ Administrator ” means a person who is responsible for administering a service contract that is issued, sold or offered for sale by a provider.
Nev. Rev. Stat. § 686C.050 — NV Code / Title 57 / Chapter 686C / Section 686C.050
“Association” defined
Status: in_force

“ Association ” means the Nevada Life and Health Insurance Guaranty Association.
Nev. Rev. Stat. § 692C.290 — NV Code / Title 57 / Chapter 692C / Section 692C.290
Registration statement: Amendment; report of distributions to shareholders; report of enterprise risk; filing of annual group capital calculation; filing of results of liquidity stress test; action by Commissioner for certain violations
Status: in_force

1. Each registered insurer shall keep current the information required to be disclosed in its registration statement by reporting all material changes or additions on forms provided by the Commissioner within 15 days after the end of the month in which it learns of each such change or addition, and not less often than annually, except that, subject to the provisions of NRS 692C.390 , each registered insurer shall report all dividends and other distributions to shareholders within 5 business days following the declaration and 10 days before payment.

2. The principal of a registered insurer shall file an annual report of enterprise risk pursuant to this subsection. If the principal of a registered insurer does not file a report of enterprise risk with the commissioner of the lead state of the insurance company system, as determined by the most recent edition of the Financial Analysis Handbook , published by the NAIC, in a calendar year, the principal shall file a report of enterprise risk with the Commissioner. The principal shall include in the report the material risks within the insurance holding company system that, to the best of his or her knowledge and belief, may pose enterprise risk to the registered insurer.

3. Except as otherwise provided in this subsection, the ultimate controlling person of every insurer subject to registration shall concurrently file with the registration an annual group capital calculation as directed by the lead state commissioner. The report shall be completed in accordance with the Group Capital Calculation Instructions, which may permit the lead state commissioner to allow a controlling person that is not the ultimate controlling person to file the group capital calculation. The report shall be filed with the lead state commissioner of the insurance holding company system as determined by the Commissioner in accordance with the procedures within the Financial Analysis Handbook adopted by the NAIC. An insurance holding company system is exempt from filing the group capital calculation if it is: (a) An insurance holding company system that has only one insurer within its holding company structure, that only writes business and is only licensed in its domestic state and that assumes no business from any other insurer. (b) Except as otherwise provided in this paragraph, an insurance holding company system that is required to perform a group capital calculation specified by the United States Federal Reserve Board. The lead state commissioner shall request the calculation from the Federal Reserve Board under the terms of information sharing agreements currently in effect. If the Federal Reserve Board cannot share the calculation with the lead state commissioner, the insurance holding company system is not exempt from the group capital calculation filing. (c) An insurance holding company system whose non-United States group-wide supervisor is located within a reciprocal jurisdiction as defined in NRS 681A.062 that recognizes the United States's state regulatory approach to group supervision and group capital. (d) An insurance holding company system: (1) That provides information to the lead state that meets the requirements for accreditation under the NAIC financial standards and accreditation program, either directly or indirectly through the group-wide supervisor, who has determined such information is satisfactory to allow the lead state to comply with the NAIC group supervision approach, as detailed in the NAIC Financial Analysis Handbook ; and (2) Whose non-United States group-wide supervisor that is not in a reciprocal jurisdiction as defined in NRS 681A.062 recognizes and accepts, as specified by the Commissioner in regulation, the group capital calculation as the world-wide group capital assessment for United States insurance groups who operate in that jurisdiction.

4. Notwithstanding the provisions of paragraphs (c) and (d) of subsection 3, a lead state commissioner shall require the group capital calculation for United States operations of any non-United States based insurance holding company system where, after any necessary consultation with other supervisors or officials, it is deemed appropriate by the lead state commissioner for prudential oversight and solvency monitoring purposes or for ensuring the competitiveness of the insurance marketplace.

5. Notwithstanding the exemptions from filing the group capital calculation stated in paragraphs (a) to (d), inclusive, of subsection 3, the lead state commissioner has the discretion to exempt the ultimate controlling person from filing the annual group capital calculation or to accept a limited group capital filing or report in accordance with criteria as specified by the Commissioner in regulation.

6. If the lead state commissioner determines that an insurance holding company system no longer meets one or more of the requirements for an exemption from filing the group capital calculation under subsection 3, the insurance holding company system shall file the group capital calculation at the next annual filing date unless given an extension by the lead state commissioner based on reasonable grounds shown.

7. The ultimate controlling person of every insurer subject to registration and also scoped into the NAIC Liquidity Stress Test Framework shall file the results of a specific year's liquidity stress test. The filing shall be made to the lead state insurance commissioner of the insurance holding company system as determined by the procedures within the Financial Analysis Handbook adopted by the NAIC.

8. For the purposes of subsection 7: (a) The NAIC Liquidity Stress Test Framework and the included scope criteria applicable to a specific data year, which are reviewed at least annually by the NAIC Financial Stability Task Force or its successor, and any change to the NAIC Liquidity Stress Test Framework or to the data year for which the scope criteria are to be measured, are effective on January 1 of the year following the calendar year when such changes are adopted by the NAIC. (b) An insurer which meets at least one threshold of the scope criteria is considered scoped into the NAIC Liquidity Stress Test Framework for the specified data year unless the lead state insurance commissioner, in consultation with the NAIC Financial Stability Task Force or its successor, determines the insurer should not be scoped into the NAIC Liquidity Stress Test Framework for that data year. (c) An insurer that does not trigger at least one threshold of the scope criteria is not considered scoped into the NAIC Liquidity Stress Test Framework for the specified data year unless the lead state insurance commissioner, in consultation with the NAIC Financial Stability Task Force or its successor, determines the insurer should be scoped into the NAIC Liquidity Stress Test Framework for that data year.

9. The lead state commissioner, in consultation with the NAIC Financial Stability Task Force or its successor, will assess whether an insurer is scoped in or not scoped into the NAIC Liquidity Stress Test Framework as part of the lead state commissioner's determinations pursuant to this section for an insurer.

10. The performance of, and filing of the results from, a specific year's liquidity stress test shall comply with the NAIC Liquidity Stress Test Framework's instructions and reporting templates for that year and any lead state insurance commissioner's determination, in conjunction with the Financial Stability Task Force or its successor, as provided within the NAIC Liquidity Stress Test Framework.

11. Whenever it appears to the Commissioner that any person has committed a violation of subsection 2 which prevents the full understanding of the enterprise risk to the insurer by affiliates or by the insurance holding company system, the violation may serve as an independent basis for disapproving dividends or distributions and for conducting an examination of the insurer pursuant to NRS 679B.230 to 679B.287 , inclusive.
Nev. Rev. Stat. § 695A.560 — NV Code / Title 57 / Chapter 695A / Section 695A.560
Exemption of societies from other insurance laws; exceptions
Status: in_force

Except as otherwise provided in this chapter or by specific statute, societies are governed by this chapter and are exempt from all other provisions of the insurance laws of this state.
Nev. Rev. Stat. § 695H.070 — NV Code / Title 57 / Chapter 695H / Section 695H.070
Medical discount plans under exclusive jurisdiction of Commissioner
Status: in_force

Notwithstanding any other provision of law, the Commissioner has exclusive jurisdiction to regulate medical discount plans in this State.
Nev. Rev. Stat. § 695C.1694 — NV Code / Title 57 / Chapter 695C / Section 695C.1694
Required provision in plan covering prescription drugs or devices concerning coverage of hormone replacement therapy in certain circumstances; prohibited acts; exception
Status: in_force

1. A health maintenance organization which offers or issues a health care plan that provides coverage for prescription drugs or devices shall include in the plan 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. A health maintenance organization that offers or issues a health care plan that provides coverage for prescription drugs shall not: (a) Require an enrollee to pay a higher deductible, any copayment or coinsurance or require a longer waiting period or other condition for coverage for hormone replacement therapy; (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 in the future hormone replacement therapy; (c) Offer or pay any type of material inducement or financial incentive to an enrollee to discourage the enrollee from accessing hormone replacement therapy; (d) Penalize a provider of health care who provides hormone replacement therapy to an enrollee, 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 enrollee.

3. Evidence of coverage 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 evidence of coverage or the renewal which is in conflict with this section is void.

4. The provisions of this section do not require a health maintenance organization 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. § 685A.040 — NV Code / Title 57 / Chapter 685A / Section 685A.040
Conditions for export
Status: in_force

If this State is the insured's home state and certain insurance coverages cannot be procured from authorized insurers, such coverages, designated in this chapter as nonadmitted insurance, may be procured from unauthorized insurers, subject to the following conditions:

1. The insurance must be procured through a broker licensed as such under this chapter or procured by an insured directly from a nonadmitted insurer as permitted by law.

2. Except as otherwise provided in subsection 5, the full amount of insurance required must not be procurable from an insurer authorized to engage in the business of insurance in this State, after diligent effort has been made to do so.

3. The insurance must not be so exported for the purpose of procuring it at a premium rate lower than would be accepted by any authorized insurer; difference in rates alone will not support the export of the insurance if any authorized insurer is able and willing to carry the risk.

4. Differences, bearing directly upon the cost of insurance, in the terms of policies which otherwise provide substantially the same coverage will not support the export of the insurance.

5. A broker is not required to make a diligent effort to determine whether the full amount or type of insurance can be obtained from admitted insurers when the broker is seeking to procure or place nonadmitted insurance for an exempt commercial purchaser if: (a) The broker procuring or placing the nonadmitted insurance has disclosed to the exempt commercial purchaser that such insurance may or may not be available from the admitted market that may provide greater protection with more regulatory oversight; and (b) The exempt commercial purchaser has subsequently requested in writing for the broker to procure or place such insurance from a nonadmitted insurer.
Nev. Rev. Stat. § 687B.760 — NV Code / Title 57 / Chapter 687B / Section 687B.760
Health records; confidentiality
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 require the participating provider of health care to make health records available to appropriate state and federal authorities involved in assessing the quality of care or investigating the grievances or complaints of covered persons, and to comply with the applicable state and federal laws related to the confidentiality of medical and health records and the covered person's right to see, obtain copies of or amend their medical and health records.
Nev. Rev. Stat. § 689A.0455 — NV Code / Title 57 / Chapter 689A / Section 689A.0455
Coverage for treatment of conditions relating to severe mental illness required
Status: in_force

1. A policy of health insurance delivered or issued for delivery in this state pursuant to this chapter must provide coverage for the treatment of conditions relating to severe mental illness.

2. As used in this section, “ severe mental illness ” means any of the following mental illnesses that are biologically based and for which diagnostic criteria are prescribed in the most recent edition of the Diagnostic and Statistical Manual of Mental Disorders , published by the American Psychiatric Association: (a) Schizophrenia. (b) Schizoaffective disorder. (c) Bipolar disorder. (d) Major depressive disorders. (e) Panic disorder. (f) Obsessive-compulsive disorder.
Nev. Rev. Stat. § 696B.360 — NV Code / Title 57 / Chapter 696B / Section 696B.360
Deposit of money
Status: in_force

1. Except as otherwise provided in this section: (a) The money collected by the Commissioner in a proceeding under this chapter must be from time to time deposited in one or more state or national banks, savings banks, credit unions or trust companies, and in the case of the insolvency or voluntary or involuntary liquidation of any such depositary which is an institution organized and supervised under the laws of this state, such deposits are entitled to priority of payment on an equality with any other priority given by the banking laws of this state. (b) The Commissioner may deposit the money or any part thereof in a national bank, credit union or trust company as a trust fund.

2. The Commissioner shall deposit in the State Insurance Fund any money collected in a proceeding under this chapter that is required to be held in trust by a successor organization of the State Industrial Insurance System by NRS 616B.042 . The money must be used by the Commissioner for the payment of claims made against the successor organization under a policy of industrial insurance issued by that organization, and any administration costs and expenses related thereto. The payment of the claims must be made in accordance with the provisions of this chapter.
Nev. Rev. Stat. § 680A.550 — NV Code / Title 57 / Chapter 680A / Section 680A.550
Requirements for delivery
Status: in_force

1. Except as otherwise provided in subsection 2 and NRS 680A.555 and 680A.560 , a notice or other document may be delivered by electronic means by an insurer to a party pursuant to subsection 1 of NRS 680A.540 if: (a) The party has affirmatively consented to delivery by electronic means and has not withdrawn such consent; (b) Before giving consent to delivery by electronic means, the party is provided with a clear and conspicuous statement informing the party of: (1) The right of the party to withdraw consent to delivery by electronic means at any time and any conditions or consequences which may be imposed in the event consent is withdrawn; (2) The types of notices and other documents to which the consent of the party to delivery by electronic means would apply; (3) The right of the party to have a notice or other document delivered in paper form; and (4) The procedures the party must follow to withdraw consent to delivery by electronic means and to update the electronic mail address of the party; (c) The party, after being provided with a statement of the hardware and software requirements for access to and retention of a notice or other document delivered by electronic means, consents or confirms consent electronically in a manner that reasonably demonstrates that the party can access information in the electronic form that will be used for delivery by electronic means of notices or other documents to which the party has given consent; (d) The insurer takes measures reasonably calculated to ensure that delivery by electronic means results in the receipt of a notice or other document by the party; and (e) Upon a change in the hardware or software requirements for access to and retention of a notice or other document delivered by electronic means which occurs after the party has consented to delivery by electronic means which creates a material risk that the party will not be able to access or retain a subsequent notice or other document, the insurer provides the party with: (1) A statement that describes the revised hardware or software requirements for access to and retention of a notice or other documents delivered by electronic means and the right of the party to withdraw consent without the imposition of any condition or consequence not described in the statement initially provided to the party pursuant to paragraph (b); and (2) A revised statement containing the information described in paragraph (b) which applies to the revised hardware or software requirements.

2. If a provision of this Code or any other law applicable to the delivery of a notice or other document, including, without limitation, a notice required pursuant to NRS 687B.320 to 687B.350 , inclusive, requires verification or acknowledgment of receipt of the notice or other document, the notice or other document may be delivered by electronic means only if the electronic form used for delivery provides for verification or acknowledgment of receipt. If the insurer does not receive verification or acknowledgment of receipt within 3 days after delivery by electronic means of a notice or other document described by this subsection, the insurer shall deliver the notice or other document by any other delivery method authorized by law.
Nev. Rev. Stat. § 695B.230 — NV Code / Title 57 / Chapter 695B / Section 695B.230
Filing and approval of forms and schedules of premium rates
Status: in_force

If more than one class of risk is included:

1. A hospital or medical or dental service contract or evidence of coverage under a group or nongroup contract must not be issued or delivered in this state until a copy of the form of the contract is filed with the Commissioner and either: (a) Thirty days expires without notice from the Commissioner after the copy is filed; or (b) The Commissioner gives written approval before that time.

2. A schedule of premium rates to be paid by subscribers under either a group or nongroup contract must not be issued, delivered or used by any nonprofit hospital, medical or dental service corporation until that corporation files with the Commissioner a copy of the schedule together with any supplementary information required by the Commissioner and either: (a) Thirty days expires without notice from the Commissioner after the copy is filed; or (b) The Commissioner gives written approval before that time.
Nev. Rev. Stat. § 685A.077 — NV Code / Title 57 / Chapter 685A / Section 685A.077
Immunity from civil liability given to Commissioner, Division and nonprofit organizations for certain acts; Commissioner authorized to classify certain communications as confidential; limitations
Status: in_force

1. The Commissioner, the Division and employees of the Division, and any nonprofit organization of surplus lines brokers formed pursuant to NRS 685A.075 and its members, officers, committee members, agents and employees are not liable in a civil action for any act performed in good faith and within the scope of their duties or the exercise of their authority pursuant to this chapter.

2. The Commissioner may, pursuant to NRS 679B.190 , classify as confidential: (a) Any investigation conducted by a nonprofit organization of surplus lines brokers formed pursuant to NRS 685A.075 ; and (b) Any communications between such an organization and the Commissioner and other appropriate authorities pursuant to this chapter.

3. The immunities and privileges provided by this section do not affect: (a) The availability of any other immunities or privileges otherwise provided by law; or (b) Any rights of hearing and review otherwise provided in this chapter.
Nev. Rev. Stat. § 692A.180 — NV Code / Title 57 / Chapter 692A / Section 692A.180
Limitation on net retained liability for single risk; waiver of limitation by Commissioner
Status: in_force

1. The net retained liability of any title insurer for a single risk, whether assumed directly or as reinsurance, may not exceed 50 percent of the sum of the capital, surplus, unearned premium reserve and voluntary reserves less the value assigned to its title plants, all as shown in the most recent report of the insurer which is on file in the Office of the Commissioner.

2. The Commissioner may waive the limitation of this section for a particular risk upon application of the insurer and for good cause shown.
Nev. Rev. Stat. § 689A.696 — NV Code / Title 57 / Chapter 689A / Section 689A.696
Information and documents required to be made available to Commissioner; proprietary information
Status: in_force

1. An individual carrier shall make the unified rate review template and rate filing documentation used by the individual carrier and any information and documents described in any regulations adopted pursuant to NRS 689A.700 available to the Commissioner upon request. Except in cases of violations of the provisions of this chapter, the unified rate review template and rate filing documentation used by an individual carrier are considered proprietary, constitute a trade secret and are not subject to disclosure by the Commissioner to persons outside of the Division except as agreed to by the individual carrier or as ordered by a court of competent jurisdiction.

2. As used in this section, “rate filing documentation” and “unified rate review template” have the meanings ascribed to them in 45 C.F.R. § 154.215 .
Nev. Rev. Stat. § 695C.1717 — NV Code / Title 57 / Chapter 695C / Section 695C.1717
Required provision concerning coverage for autism spectrum disorders for certain persons; prohibited acts
Status: in_force

1. A health care plan issued by a health maintenance organization must provide coverage for screening for and diagnosis of autism spectrum disorders and for treatment of autism spectrum disorders to persons covered by the health care plan under the age of 18 years or, if enrolled in high school, until the person reaches the age of 22 years.

2. Coverage provided under this section is subject to: (a) A maximum benefit of the actuarial equivalent of $72,000 per year for applied behavior analysis treatment; and (b) Copayment, deductible and coinsurance provisions and any other general exclusion or limitation of a health care plan to the same extent as other medical services or prescription drugs covered by the plan.

3. A health care plan issued by a health maintenance organization that provides coverage for outpatient care shall not: (a) Require an enrollee to pay a higher deductible, copayment or coinsurance or require a longer waiting period for coverage for outpatient care related to autism spectrum disorders than is required for other outpatient care covered by the plan; or (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 in the future any of the services listed in subsection 1.

4. Except as otherwise provided in subsections 1 and 2, a health maintenance organization shall not limit the number of visits an enrollee may make to any person, entity or group for treatment of autism spectrum disorders.

5. Treatment of autism spectrum disorders must be identified in a treatment plan and may include medically necessary habilitative or rehabilitative care, prescription care, psychiatric care, psychological care, behavioral therapy or therapeutic care that is: (a) Prescribed for a person diagnosed with an autism spectrum disorder by a licensed physician or licensed psychologist; and (b) Provided for a person diagnosed with an autism spectrum disorder by a licensed physician, licensed psychologist, licensed behavior analyst or other provider that is supervised by the licensed physician, psychologist or behavior analyst. A health maintenance organization may request a copy of and review a treatment plan created pursuant to this subsection.

6. Evidence of coverage subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 2011, has the legal effect of including the coverage required by subsection 1, and any provision of the evidence of coverage or the renewal which is in conflict with subsection 1 or 2 is void.

7. Nothing in this section shall be construed as requiring a health maintenance organization to provide reimbursement to a school for services delivered through school services.

8. As used in this section: (a) “ Applied behavior analysis ” means the design, implementation and evaluation of environmental modifications using behavioral stimuli and consequences to produce socially significant improvement in human behavior, including, without limitation, the use of direct observation, measurement and functional analysis of the relations between environment and behavior. (b) “ Autism spectrum disorder ” has the meaning ascribed to it in NRS 427A.875 . (c) “ Behavioral therapy ” means any interactive therapy derived from evidence-based research, including, without limitation, discrete trial training, early intensive behavioral intervention, intensive intervention programs, pivotal response training and verbal behavior provided by a licensed psychologist, licensed behavior analyst, licensed assistant behavior analyst or registered behavior technician. (d) “ Evidence-based research ” means research that applies rigorous, systematic and objective procedures to obtain valid knowledge relevant to autism spectrum disorders. (e) “ Habilitative or rehabilitative care ” means counseling, guidance and professional services and treatment programs, including, without limitation, applied behavior analysis, that are necessary to develop, maintain and restore, to the maximum extent practicable, the functioning of a person. (f) “ Licensed assistant behavior analyst ” has the meaning ascribed to the term “assistant behavior analyst” in NRS 641D.020 . (g) “ Licensed behavior analyst ” has the meaning ascribed to the term “behavior analyst” in NRS 641D.030 . (h) “ Prescription care ” means medications prescribed by a licensed physician and any health-related services deemed medically necessary to determine the need or effectiveness of the medications. (i) “ Psychiatric care ” means direct or consultative services provided by a psychiatrist licensed in the state in which the psychiatrist practices. (j) “ Psychological care ” means direct or consultative services provided by a psychologist licensed in the state in which the psychologist practices. (k) “ Registered behavior technician ” has the meaning ascribed to it in NRS 641D.100 . (l) “ Screening for autism spectrum disorders ” means medically necessary assessments, evaluations or tests to screen and diagnose whether a person has an autism spectrum disorder. (m) “ Therapeutic care ” means services provided by licensed or certified speech-language pathologists, occupational therapists and physical therapists. (n) “ Treatment plan ” means a plan to treat an autism spectrum disorder that is prescribed by a licensed physician or licensed psychologist and may be developed pursuant to a comprehensive evaluation in coordination with a licensed behavior analyst.
Nev. Rev. Stat. § 687B.260 — NV Code / Title 57 / Chapter 687B / Section 687B.260
Exemption of proceeds of certain policies
Status: reserved

1. If a policy of insurance, whether issued before, on or after January 1, 1972, is effected by any person on his or her own life, or on another life, in favor of a person other than himself or herself, or, except in cases of transfer with intent to defraud creditors, if a policy of life insurance is assigned or in any way made payable to any such person, the lawful beneficiary or assignee thereof, other than the insured or the person so effecting such insurance or executors or administrators of the insured or the person so effecting such insurance, is entitled to its proceeds and avails against the creditors and representatives of the insured and of the person effecting the same, whether or not the right to change the beneficiary is reserved or permitted and whether or not the policy is made payable to the person whose life is insured or to the executors or administrators of such person if the beneficiary or assignee predeceases the person. Except as otherwise provided in this subsection, such proceeds and avails are exempt from all liability for any debt of the beneficiary existing at the time the proceeds and avails are made available for the use of the beneficiary. Subject to the statute of limitations, the amount of any premiums for such insurance paid with intent to defraud creditors, with interest thereon, inures to the benefit of the creditors from the proceeds of the policy. The insurer issuing the policy is discharged of all liability thereon by payment of its proceeds in accordance with its terms, unless, before the payment, the insurer has received written notice at its home office, by or in behalf of a creditor, of a claim to recover for transfer made or premiums paid with intent to defraud creditors, with specification of the amount claimed along with such facts as will assist the insurer to ascertain the particular policy.

2. For the purposes of subsection 1, a policy shall also be deemed to be payable to a person other than the insured if and to the extent that a facility-of-payment clause or a similar clause in the policy permits the insurer to discharge its obligation after the death of the individual insured by paying the death benefits to a person as permitted by such a clause.

3. This section does not apply to insurance issued pursuant to this Code to a creditor covering his or her debtors to the extent that such proceeds are applied to payment of the obligation for the purpose of which the insurance was so issued.
Nev. Rev. Stat. § 689B.275 — NV Code / Title 57 / Chapter 689B / Section 689B.275
Contents, approval and provision of summary of coverage; provision of information about guaranteed availability of certain plans for benefits
Status: in_force

1. An insurer shall provide to each policyholder, or producer of insurance acting on behalf of a policyholder, on a form approved by the Commissioner, a summary of the coverage provided by each policy of group or blanket health insurance offered by the insurer. The summary must disclose any: (a) Significant exception, reduction or limitation that applies to the policy; (b) Restriction on payment for care in an emergency, including related definitions of emergency and medical necessity; (c) Right of the insurer to change the rate of premium and the factors, other than claims experienced, which affect changes in rate; (d) Provisions relating to renewability; and (e) Other information that the Commissioner finds necessary for full and fair disclosure of the provisions of the policy.

2. The language of the disclosure must be easily understood. The disclosure must state that it is only a summary of the policy and that the policy should be read to ascertain the governing contractual provisions.

3. The Commissioner shall not approve a proposed disclosure that does not satisfy the requirements of this section and of applicable regulations.

4. In addition to the disclosure, the insurer shall provide information about guaranteed availability of basic and standard plans for benefits to an eligible person.

5. The insurer shall provide the summary before the policy is issued.
Nev. Rev. Stat. § 687B.640 — NV Code / Title 57 / Chapter 687B / Section 687B.640
“Network” defined
Status: in_force

“ Network ” means a defined set of providers of health care who are under contract with a health carrier to provide health care services pursuant to a network plan offered or issued by the health carrier.
Nev. Rev. Stat. § 679A.112 — NV Code / Title 57 / Chapter 679A / Section 679A.112
“Policy” defined
Status: in_force

“Policy” means the written contract of or written agreement for or effecting insurance, by whatever name called, and includes all clauses, riders, endorsements and papers which are a part thereof.
Nev. Rev. Stat. § 692C.390 — NV Code / Title 57 / Chapter 692C / Section 692C.390
Extraordinary distributions to shareholders: Notice; approval
Status: in_force

1. An insurer subject to registration under NRS 692C.260 to 692C.350 , inclusive, shall not pay any extraordinary dividend or make any other extraordinary distribution to its shareholders until: (a) Thirty days after the Commissioner has received notice of the declaration thereof and has not within that period disapproved the payment; or (b) The Commissioner approves the payment within the 30-day period.

2. A request for approval of an extraordinary dividend or any other extraordinary distribution pursuant to subsection 1 must include: (a) A statement indicating the amount of the proposed dividend or distribution; (b) The date established for the payment of the proposed dividend or distribution; (c) A statement indicating whether the proposed dividend or distribution is to be paid in the form of cash or property and, if it is to be paid in the form of property, a description of the property, its cost and its fair market value together with an explanation setting forth the basis for determining its fair market value; (d) A copy of a work paper or other document setting forth the calculations used to determine that the proposed dividend or distribution is extraordinary, including: (1) The amount, date and form of payment of each regular dividend or distribution paid by the insurer, other than any distribution of a security of the insurer, within the 12 consecutive months immediately preceding the date established for the payment of the proposed dividend or distribution; (2) The amount of surplus, if any, as regards policyholders, including total capital and surplus, as of December 31 next preceding; (3) If the insurer is a life insurer, the amount of any net gains obtained from the operations of the insurer for the 12-month period ending December 31 next preceding; (4) If the insurer is not a life insurer, the amount of net income of the insurer less any realized capital gains for the 12-month period ending on the December 31 of the year next preceding and the two consecutive 12-month periods immediately preceding that period; and (5) If the insurer is not a life insurer, the amount of each dividend paid by the insurer to shareholders, other than a distribution of any securities of the insurer, during the preceding 2 calendar years; (e) A balance sheet and statement of income for the period beginning on the date of the last annual statement filed by the insurer with the Commissioner and ending on the last day of the month immediately preceding the month in which the insurer files the request for approval; and (f) A brief statement setting forth: (1) The effect of the proposed dividend or distribution upon the insurer's surplus; (2) The reasonableness of the insurer's surplus in relation to the insurer's outstanding liabilities; and (3) The adequacy of the insurer's surplus in relation to the insurer's financial requirements.

3. In determining whether a dividend or distribution is extraordinary, an insurer other than a life insurer may carry forward net income from the previous 2 calendar years that has not already been paid out as dividends. The amount the insurer may carry forward must be computed by taking the net income from the second and third preceding calendar years, not including realized capital gains, less dividends paid in the second and immediately preceding calendar years.

4. Each insurer specified in subsection 1 that pays an extraordinary dividend or makes any other extraordinary distribution to its shareholders shall, within 15 days after declaring the dividend or making the distribution, report that fact to the Commissioner. The report must include the information specified in paragraph (d) of subsection 2.
Nev. Rev. Stat. § 687B.400 — NV Code / Title 57 / Chapter 687B / Section 687B.400
Refusal to issue, reduction of liability limits of or increase in premium of automobile liability insurance policy on sole basis of reaching certain age prohibited; burden of proof; cost of medical examination; exception
Status: in_force

1. No insurer shall refuse to issue, reduce liability limits of, or increase the premium of any automobile liability insurance policy issued to a resident of this state for the sole reason that the policyholder has reached a certain age.

2. Where age is a factor in an increase of rates for an individual policyholder, the increase must be justified to the Commissioner and the burden of proving justification is on the insurer. If a medical examination is required for the purpose of a rate increase, such examination shall be at the expense of the insurer.

3. This section does not apply to applicants and policyholders under the age of 25 years.
Nev. Rev. Stat. § 695A.1843 — NV Code / Title 57 / Chapter 695A / Section 695A.1843
Coverage for drugs, laboratory testing and certain services related to human immunodeficiency virus and hepatitis C required; reimbursement of certain providers of health care for certain services; prohibited acts
Status: in_force

1. A society that offers or issues a benefit contract shall include in the benefit coverage for: (a) All drugs approved by the United States Food and Drug Administration for preventing the acquisition of human immunodeficiency virus or treating human immunodeficiency virus or hepatitis C in the form recommended by the prescribing practitioner, regardless of whether the drug is included in the formulary of the society; (b) Laboratory testing that is necessary for therapy that uses a drug to prevent the acquisition of human immunodeficiency virus; (c) Any service to test for, prevent or treat human immunodeficiency virus or hepatitis C provided by a provider of primary care if the service is covered when provided by a specialist and: (1) The service is within the scope of practice of the provider of primary care; or (2) The provider of primary care is capable of providing the service safely and effectively in consultation with a specialist and the provider engages in such consultation; and (d) The services described in NRS 639.28085 , when provided by a pharmacist who participates in the network plan of the society.

2. A society that offers or issues a benefit contract shall reimburse: (a) A pharmacist who participates in the network plan of the society for the services described in NRS 639.28085 at a rate equal to the rate of reimbursement provided to a physician, physician assistant or advanced practice registered nurse for similar services. (b) An advanced practice registered nurse or a physician assistant who participates in the network plan of the society for any service to test for, prevent or treat human immunodeficiency virus or hepatitis C at a rate equal to the rate of reimbursement provided to a physician for similar services.

3. A society shall not: (a) Subject the benefits required by subsection 1 to medical management techniques, other than step therapy; (b) Limit the covered amount of a drug described in paragraph (a) of subsection 1; (c) Refuse to cover a drug described in paragraph (a) of subsection 1 because the drug is dispensed by a pharmacy through mail order service; or (d) Prohibit or restrict access to any service or drug to treat human immunodeficiency virus or hepatitis C on the same day on which the insured is diagnosed.

4. A society shall 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 society.

5. A benefit contract subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 2024, has the legal effect of including the coverage required by subsection 1, and any provision of the plan that conflicts with the provisions of this section is void.

6. As used in this section: (a) “ Medical management technique ” means a practice which is used to control the cost or use of health care services or prescription drugs. The term includes, without limitation, the use of step therapy, prior authorization and categorizing drugs and devices based on cost, type or method of administration. (b) “ Network plan ” means a benefit contract offered by a society 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 society. The term does not include an arrangement for the financing of premiums. (c) “ Primary care ” means the practice of family medicine, pediatrics, internal medicine, obstetrics and gynecology and midwifery. (d) “ Provider of health care ” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 681B.210 — NV Code / Title 57 / Chapter 681B / Section 681B.210
Insurer required to submit annual opinion as to computation of reserves and related actuarial items; regulations; applicability
Status: in_force

1. Every insurer doing business in this state shall annually submit the opinion of a qualified actuary as to whether the reserves and related actuarial items held in support of the policies and contracts specified by the Commissioner by regulation are computed appropriately, are based on assumptions which satisfy contractual provisions, are consistent with prior reported amounts, and comply with applicable laws of this state. The Commissioner by regulation may further define or enlarge the scope of this opinion.

2. Except as otherwise provided in NRS 681B.310 , the provisions of this section apply only before the operative date of the Valuation Manual .
Nev. Rev. Stat. § 688B.140 — NV Code / Title 57 / Chapter 688B / Section 688B.140
Death pending conversion
Status: in_force

The group life insurance policy shall contain a provision that if a person insured under the policy dies during the period within which the person would have been entitled to have an individual policy issued to him or her in accordance with NRS 688B.120 or 688B.130 and before such an individual policy has become effective, the amount of life insurance which the person would have been entitled to have issued to him or her under such individual policy shall be payable as a claim under the group policy, whether or not application for the individual policy or the payment of the first premium therefor has been made.
Nev. Rev. Stat. § 689B.064 — NV Code / Title 57 / Chapter 689B / Section 689B.064
Primary and secondary policies: Order of benefits
Status: in_force

A policy of group insurance determines its order of benefits using the first of the following which applies:

1. A policy that does not coordinate with other policies is always the primary policy.

2. The benefits of the policy which covers a person as an employee, member or subscriber, other than a dependent, is the primary policy. The policy which covers the person as a dependent is the secondary policy.

3. When more than one policy covers the same child as a dependent of different parents who are not divorced or separated, the primary policy is the policy of the parent whose birthday falls earlier in the year. The secondary policy is the policy of the parent whose birthday falls later in the year. If both parents have the same birthday, the benefits of the policy which covered the parent the longer is the primary policy. The policy which covered the parent the shorter time is the secondary policy.

4. If more than one policy covers a person as a dependent child of divorced or separated parents, benefits for the child are determined in the following order: (a) First, the policy of the parent with custody of the child; (b) Second, the policy of the spouse of the parent with custody; and (c) Third, the policy of the parent without custody of the child, unless the specific terms of a court decree state that one parent is responsible for the health care expenses of the child, in which case, the policy of that parent is the primary policy. A parent responsible for the health care pursuant to a court decree must notify the insurer of the terms of the decree.

5. The primary policy is the policy which covers a person as an employee who is neither laid off or retired, or that employee's dependent. The secondary policy is the policy which covers that person as a laid off or retired employee, or that employee's dependent.

6. If none of the rules in subsections 1 to 5, inclusive, determines the order of benefits, the primary policy is the policy which covered an employee, member or subscriber longer. The secondary policy is the policy which covered that person the shorter time. When a policy is determined to be a secondary policy it acts to provide benefits in excess of those provided by the primary policy. The secondary policy may not reduce benefits based upon payments by the primary policy, except that this provision does not require duplication of benefits.
Nev. Rev. Stat. § 693A.520 — NV Code / Title 57 / Chapter 693A / Section 693A.520
Unlawful acquisition of securities: Imposition of administrative penalty against director, officer or agent
Status: in_force

Any director or officer of a person, or an agent of the person, who knowingly violates or assents to or permits any officer or agent of the person to violate the requirements of NRS 693A.500 may be required by the Commissioner, after notice and hearing, to pay, in his or her individual capacity, an administrative penalty of not more than $5,000 per violation. In determining the amount of the penalty, the Commissioner shall take into account the appropriateness of the penalty with respect to the gravity of the violation, the history of previous violations, and such other matters as the Commissioner determines are required in the interest of justice.
Nev. Rev. Stat. § 693B.050 — NV Code / Title 57 / Chapter 693B / Section 693B.050
Emergency board of directors: Numbers; authorized action
Status: in_force

If three or more directors or acting directors of any domestic organization are present at any meeting of its board duly convened during an acute emergency affecting such domestic organization, they shall constitute its emergency board of directors which, notwithstanding any contrary provision of law or of its charter, may, subject to the limitation prescribed in this chapter, by a majority of those present, take any action which may be necessary to enable such domestic organization to meet the exigencies of the acute emergency and conduct its business during such period.
Nev. Rev. Stat. § 692C.280 — NV Code / Title 57 / Chapter 692C / Section 692C.280
Registration statement: Exempt information
Status: in_force

No information need be disclosed on the registration statement filed pursuant to NRS 692C.270 if such information is not material for the purposes of NRS 692C.260 to 692C.350 , inclusive. Unless the Commissioner by rule, regulation or order provides otherwise, sales, purchases, exchanges, loans or extensions of credit, or investments involving one-half of 1 percent or less of an insurer's admitted assets as of the 31st day of December next preceding, shall not be deemed material for purposes of NRS 692C.260 to 692C.350 , inclusive. The specifications for materiality provided in this section do not apply for the purpose of a group capital calculation or the liquidity stress test framework.
Nev. Rev. Stat. § 689B.0335 — NV Code / Title 57 / Chapter 689B / Section 689B.0335
Required provision concerning coverage for autism spectrum disorders for certain persons; prohibited acts
Status: in_force

1. A health benefit plan must provide coverage for screening for and diagnosis of autism spectrum disorders and for treatment of autism spectrum disorders to persons covered by the policy of group health insurance under the age of 18 years or, if enrolled in high school, until the person reaches the age of 22 years.

2. Coverage provided under this section is subject to: (a) A maximum benefit of the actuarial equivalent of $72,000 per year for applied behavior analysis treatment; and (b) Copayment, deductible and coinsurance provisions and any other general exclusion or limitation of a policy of group health insurance to the same extent as other medical services or prescription drugs covered by the policy.

3. A health benefit plan that offers or issues a policy of group health insurance which provides coverage for outpatient care shall not: (a) Require an insured to pay a higher deductible, copayment or coinsurance or require a longer waiting period for coverage for outpatient care related to autism spectrum disorders than is required for other outpatient care covered by the policy; or (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 any of the services listed in subsection 1.

4. Except as otherwise provided in subsections 1 and 2, an insurer shall not limit the number of visits an insured may make to any person, entity or group for treatment of autism spectrum disorders.

5. Treatment of autism spectrum disorders must be identified in a treatment plan and may include medically necessary habilitative or rehabilitative care, prescription care, psychiatric care, psychological care, behavioral therapy or therapeutic care that is: (a) Prescribed for a person diagnosed with an autism spectrum disorder by a licensed physician or licensed psychologist; and (b) Provided for a person diagnosed with an autism spectrum disorder by a licensed physician, licensed psychologist, licensed behavior analyst or other provider that is supervised by the licensed physician, psychologist or behavior analyst. An insurer may request a copy of and review a treatment plan created pursuant to this subsection.

6. A policy subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 2011, 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 subsection 1 or 2 is void.

7. Nothing in this section shall be construed as requiring an insurer to provide reimbursement to a school for services delivered through school services.

8. As used in this section: (a) “ Applied behavior analysis ” means the design, implementation and evaluation of environmental modifications using behavioral stimuli and consequences to produce socially significant improvement in human behavior, including, without limitation, the use of direct observation, measurement and functional analysis of the relations between environment and behavior. (b) “ Autism spectrum disorder ” has the meaning ascribed to it in NRS 427A.875 . (c) “ Behavioral therapy ” means any interactive therapy derived from evidence-based research, including, without limitation, discrete trial training, early intensive behavioral intervention, intensive intervention programs, pivotal response training and verbal behavior provided by a licensed psychologist, licensed behavior analyst, licensed assistant behavior analyst or registered behavior technician. (d) “ Evidence-based research ” means research that applies rigorous, systematic and objective procedures to obtain valid knowledge relevant to autism spectrum disorders. (e) “ Habilitative or rehabilitative care ” means counseling, guidance and professional services and treatment programs, including, without limitation, applied behavior analysis, that are necessary to develop, maintain and restore, to the maximum extent practicable, the functioning of a person. (f) “ Licensed assistant behavior analyst ” has the meaning ascribed to the term “assistant behavior analyst” in NRS 641D.020 . (g) “ Licensed behavior analyst ” has the meaning ascribed to the term “behavior analyst” in NRS 641D.030 . (h) “ Prescription care ” means medications prescribed by a licensed physician and any health-related services deemed medically necessary to determine the need or effectiveness of the medications. (i) “ Psychiatric care ” means direct or consultative services provided by a psychiatrist licensed in the state in which the psychiatrist practices. (j) “ Psychological care ” means direct or consultative services provided by a psychologist licensed in the state in which the psychologist practices. (k) “ Registered behavior technician ” has the meaning ascribed to it in NRS 641D.100 . (l) “ Screening for autism spectrum disorders ” means medically necessary assessments, evaluations or tests to screen and diagnose whether a person has an autism spectrum disorder. (m) “ Therapeutic care ” means services provided by licensed or certified speech-language pathologists, occupational therapists and physical therapists. (n) “ Treatment plan ” means a plan to treat an autism spectrum disorder that is prescribed by a licensed physician or licensed psychologist and may be developed pursuant to a comprehensive evaluation in coordination with a licensed behavior analyst.
Nev. Rev. Stat. § 695B.090 — NV Code / Title 57 / Chapter 695B / Section 695B.090
Merger and consolidation: Withdrawal of prior deposit of securities
Status: in_force

Upon approval by the Commissioner of any such merger and consolidation, the merged and consolidated corporation may withdraw any securities therefore deposited pursuant to any requirements of this chapter.