Nev. Rev. Stat. § 695C.1723 — NV Code / Title 57 / Chapter 695C / Section 695C.1723
Required provision concerning coverage for treatment of certain inherited metabolic diseases
Status: in_force

1. A health maintenance plan must provide coverage for: (a) Enteral formulas for use at home that are prescribed or ordered by a physician as medically necessary for the treatment of inherited metabolic diseases characterized by deficient metabolism, or malabsorption originating from congenital defects or defects arising shortly after birth, of amino acid, organic acid, carbohydrate or fat; and (b) At least $2,500 per year for special food products which are prescribed or ordered by a physician as medically necessary for the treatment of a person described in paragraph (a).

2. The coverage required by subsection 1 must be provided whether or not the condition existed when the health maintenance plan was purchased.

3. Any evidence of coverage subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after July 1, 2021, has the legal effect of including the coverage required by this section, and any provision of the evidence of coverage or the renewal which is in conflict with this section is void.

4. As used in this section: (a) “ Enteral formula ” includes, without limitation, a formula that is ingested orally. (b) “ Inherited metabolic disease ” means a disease caused by an inherited abnormality of the body chemistry of a person. (c) “ Special food product ” means a food product that is specially formulated to have less than one gram of protein per serving and is intended to be consumed under the direction of a physician for the dietary treatment of an inherited metabolic disease. The term does not include a food that is naturally low in protein.
Nev. Rev. Stat. § 695I.320 — NV Code / Title 57 / Chapter 695I / Section 695I.320
Chair and Vice Chair: Election; term; vacancy
Status: in_force

1. The Board shall elect a Chair and a Vice Chair from among its members.

2. The terms of the Chair and Vice Chair are 1 year.

3. The Chair and Vice Chair may be reelected to one or more terms.

4. If a vacancy occurs, the members of the Board shall elect a replacement Chair or Vice Chair, as applicable, for the remainder of the unexpired term.
Nev. Rev. Stat. § 679B.610 — NV Code / Title 57 / Chapter 679B / Section 679B.610
“Fraud Control Unit” defined
Status: in_force

“Fraud Control Unit” means the Fraud Control Unit for Insurance established by the Attorney General pursuant to NRS 228.412 .
Nev. Rev. Stat. § 689.015 — NV Code / Title 57 / Chapter 689 / Section 689.015
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 689.035 to 689.145 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 694C.155 — NV Code / Title 57 / Chapter 694C / Section 694C.155
Applicability of chapter 696B of NRS to sponsored captive insurer
Status: in_force

The provisions of chapter 696B of NRS apply to a sponsored captive insurer if:

1. The assets of a protected cell are not used to pay any expense or claim other than those that are attributable to the protected cell; and

2. The capital and surplus of the sponsored captive insurer are available at all times to pay any expenses of or claims against the sponsored captive insurer.
Nev. Rev. Stat. § 691C.410 — NV Code / Title 57 / Chapter 691C / Section 691C.410
Settlement or adjustment of claims
Status: in_force

A plan or arrangement may not be used whereby a person other than the insurer or its designated claim representative is authorized to settle or adjust claims. The creditor may not be designated as the representative for the insurer in adjusting claims, except that a group policyholder may, by arrangement with the group insurer, draw drafts or checks in payment of claims due the group policyholder subject to the periodic audit by the insurer.
Nev. Rev. Stat. § 695C.030 — NV Code / Title 57 / Chapter 695C / Section 695C.030
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires:

1. “ Comprehensive health care services ” means medical services, dentistry, drugs, psychiatric and optometric and all other care necessary for the delivery of services to the consumer.

2. “ Enrollee ” means a natural person who has been voluntarily enrolled in a health care plan.

3. “ Evidence of coverage ” means any certificate, agreement or contract issued to an enrollee setting forth the coverage to which the enrollee is entitled.

4. “ Health care plan ” means any arrangement whereby any person undertakes to provide, arrange for, pay for or reimburse any part of the cost of any health care services and at least part of the arrangement consists of arranging for or the provision of health care services paid for by or on behalf of the enrollee on a periodic prepaid basis.

5. “ Health care services ” means any services included in the furnishing to any natural person of medical or dental care or hospitalization or incident to the furnishing of such care or hospitalization, as well as the furnishing to any person of any other services for the purpose of preventing, alleviating, curing or healing human illness or injury.

6. “ Health maintenance organization ” means any person which provides or arranges for provision of a health care service or services and is responsible for the availability and accessibility of such service or services to its enrollees, which services are paid for or on behalf of the enrollees on a periodic prepaid basis without regard to the dates health services are rendered and without regard to the extent of services actually furnished to the enrollees, except that supplementing the fixed prepayments by nominal additional payments for services in accordance with regulations adopted by the Commissioner shall not be deemed to render the arrangement not to be on a prepaid basis. A health maintenance organization, in addition to offering health care services, may offer indemnity or service benefits provided through insurers or otherwise.

7. “ Provider ” means any physician, hospital or other person who is licensed or otherwise authorized in this state to furnish health care services.
Nev. Rev. Stat. § 691E.050 — NV Code / Title 57 / Chapter 691E / Section 691E.050
“Eligible group” defined
Status: in_force

“ Eligible group ” means two or more persons who are engaged in a common enterprise or have an economic, educational or social affinity or relationship, including, without limitation:

1. An entity engaged in the business of providing travel or travel services if, with regard to any particular travel or type of travel or travelers, all members or customers of the entity have a common exposure to the risk attendant to such travel. For the purposes of this subsection, “ entity engaged in the business of providing travel or travel services ” includes, without limitation, a tour operator, lodging provider, vacation property owner, hotel, resort, travel club, travel agency, property manager, cultural exchange program and common carrier or operator, owner or lessor of a means of transportation of passengers, including, without limitation, an airline, cruise line, railroad, steamship company and public bus carrier.

2. A college, school or other institution of learning obtaining travel insurance coverage for any group of students, teachers, employees or volunteers.

3. An employer obtaining travel insurance coverage for any group of employees, volunteers, contractors, board of directors, dependents or guests.

4. A sports team, camp or sponsor of a sports team or camp obtaining travel insurance coverage for any group of participants, members, campers, employees, officials, supervisors or volunteers.

5. A religious, charitable, recreational, educational or civic organization, or a branch of such an organization, obtaining travel insurance coverage for any group of members, participants or volunteers.

6. A financial institution, vendor of a financial institution, or a parent holding company, trustee, agent of or designated by a financial institution or vendor of a financial institution, including, without limitation, an accountholder, credit card holder, debtor, guarantor or purchaser.

7. An incorporated or unincorporated association, including, without limitation, a labor union, that has a common interest, constitution and bylaws and is organized and maintained in good faith for purposes other than obtaining insurance for its members or participants, obtaining travel insurance coverage for any group of its members or participants.

8. Subject to the approval of the Commissioner for the use of a trust and the provisions of NRS 680B.0352 , a trust or the trustees of a fund established, created or maintained for the benefit of the members, employees or customers of one or more associations described in subsection 7.

9. An entertainment production company obtaining travel insurance coverage for any group of participants, volunteers, audience members, contestants or workers.

10. A volunteer fire department, entity providing emergency medical services, police department or court.

11. A first aid, civil defense or similar volunteer group.

12. A preschool, daycare center for children or adults or club for senior citizens.

13. An entity engaged in the business of renting or leasing motor vehicles, which shall be deemed the policyholder for a policy of travel insurance to which this subsection applies, obtaining travel insurance coverage for any group of persons who may become renters, lessees or passengers defined by the travel status of the group on the rented or leased vehicles.

14. Any other group for which the Commissioner has determined that: (a) The members of the group are engaged in a common enterprise, or have an economic, educational or social affinity or relationship; and (b) The issuance of a policy of travel insurance to the group is not contrary to the public interest.
Nev. Rev. Stat. § 683A.387 — NV Code / Title 57 / Chapter 683A / Section 683A.387
Application for certificate of registration or license to include social security number of applicant
Status: in_force

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

The application of a natural person who applies for the issuance of a certificate of registration as an administrator or a license as a producer of insurance or managing general agent must include the social security number of the applicant.
Nev. Rev. Stat. § 695D.240 — NV Code / Title 57 / Chapter 695D / Section 695D.240
Limitation on use of charges or premiums for marketing and administrative expenses; regulations
Status: in_force

1. The organization for dental care shall use not more than 25 percent of its prepaid charges or premiums for marketing and administrative expenses, including all costs to solicit members or dentists.

2. The Commissioner may adopt regulations which define “marketing and administrative expenses” for the purposes of subsection 1.
Nev. Rev. Stat. § 695G.170 — NV Code / Title 57 / Chapter 695G / Section 695G.170
Required provision concerning coverage for medically necessary emergency services at any hospital; prohibited acts
Status: in_force

1. Each managed care organization shall provide coverage for medically necessary emergency services provided at any hospital.

2. A managed care organization shall not require prior authorization for medically necessary emergency services.

3. As used in this section, “ medically necessary emergency services ” means health care services that are provided to an insured by a provider of health care after the sudden onset of a medical condition that manifests itself by symptoms of such sufficient severity that a prudent person would believe that the absence of immediate medical attention could result in: (a) Serious jeopardy to the health of an insured; (b) Serious jeopardy to the health of an unborn child; (c) Serious impairment of a bodily function; or (d) Serious dysfunction of any bodily organ or part.

4. A health care plan subject to the provisions of this section that is delivered, issued for delivery or renewed on or after October 1, 1999, has the legal effect of including the coverage required by this section, and any provision of the plan or the renewal which is in conflict with this section is void.
Nev. Rev. Stat. § 682A.033 — NV Code / Title 57 / Chapter 682A / Section 682A.033
“Cash equivalents” defined
Status: in_force

“ Cash equivalents ” means short-term, highly rated and highly liquid investments or securities that are readily convertible to known amounts of cash without penalty and so near maturity that they present insignificant risk of change in value. The term includes, without limitation, government money market mutual funds and class one money market mutual funds. As used in this section:

1. “ Highly rated ” means an investment rated: (a) “P-1” by Moody's Investor Service, Inc., or its successor organization; (b) “A-1” by Standard and Poor's division of The McGraw Hill Companies, Inc., or its successor organization; or (c) An equivalent rating by a nationally recognized statistical rating organization recognized by the SVO.

2. “ Short-term ” means investments with a remaining term to maturity of 90 days or less.
Nev. Rev. Stat. § 691D.040 — NV Code / Title 57 / Chapter 691D / Section 691D.040
“Location” defined
Status: in_force

“ Location ” means any physical site within this State or any Internet website, call center or other similar site where a vendor transacts business with residents of this State.
Nev. Rev. Stat. § 690B.040 — NV Code / Title 57 / Chapter 690B / Section 690B.040
Policy providing certain automobile coverage in Mexico
Status: in_force

An authorized casualty insurer may issue through its licensed agents an automobile insurance policy in which coverage for liability resulting from bodily injury and property damage occurring in Mexico is provided by an insurer authorized to transact and transacting such insurance in Mexico under the laws of Mexico, in a portion of such policy or endorsement thereon or rider attached thereto executed by or on behalf of such other insurer, and whether or not such other insurer is authorized to transact insurance in this State.
Nev. Rev. Stat. § 689A.430 — NV Code / Title 57 / Chapter 689A / Section 689A.430
Effect of eligibility for medical assistance under Medicaid; assignment of rights to state agency
Status: in_force

1. An insurer shall not, when considering eligibility for coverage or making payments under a policy of health insurance, consider the availability of, or eligibility of a person for, medical assistance under Medicaid.

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

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

4. If a state agency is assigned any rights of an insured who is eligible for medical assistance under Medicaid, an insurer shall: (a) Upon request of the state agency, provide to the state agency information regarding the insured to determine: (1) Any period during which the insured or the insured's spouse or dependent may be or may have been covered by the insurer; and (2) The nature of the coverage that is or was provided by the insurer, including, without limitation, the name and address of the insured and the identifying number of the policy, evidence of coverage or contract; (b) Respond to any inquiry by the state agency regarding a claim for payment for the provision of any medical item or service not later than 3 years after the date of the provision of the medical item or service; and (c) Agree not to deny a claim submitted by the state agency solely on the basis of the date of submission of the claim, the type or format of the claim form or failure to present proper documentation at the point of sale that is the basis for the claim if: (1) The claim is submitted by the state agency not later than 3 years after the date of the provision of the medical item or service; and (2) Any action by the state agency to enforce its rights with respect to such claim is commenced not later than 6 years after the submission of the claim.

5. As used in this section, “ insurer ” includes, without limitation, a self-insured plan, group health plan as defined in section 607(1) of the Employee Retirement Income Security Act of 1974, 29 U.S.C. § 1167(1) , service benefit plan or other organization that has issued a policy of health insurance or any other party described in section 1902(a)(25)(A), (G) or (I) of the Social Security Act, 42 U.S.C. § 1396a(a)(25)(A), (G) or (I) , as being legally responsible for payment of a claim for a health care item or service.
Nev. Rev. Stat. § 689A.320 — NV Code / Title 57 / Chapter 689A / Section 689A.320
Requirements of other jurisdictions
Status: in_force

1. Any policy of a foreign or alien insurer, when delivered or issued for delivery to any person in this state, may contain any provision which is not less favorable to the insured or the beneficiary than the provisions of this chapter and which is prescribed or required by the law of the state or country under which the insurer is organized.

2. Any policy of a domestic insurer may, when issued for delivery in any other state or country, contain any provision permitted or required by the laws of such other state or country.
Nev. Rev. Stat. § 689.575 — NV Code / Title 57 / Chapter 689 / Section 689.575
Prepaid contracts: Termination upon notice from buyer or demise of buyer; action by trustee or seller; required provision related to termination for default in payment
Status: in_force

1. Except as otherwise provided in subsection 2, if the buyer moves to another geographic area beyond the normal service facilities of the seller and performers under the prepaid burial merchandise and service contract, the contract automatically terminates upon the buyer's written notice to the seller and trustee of the move of the buyer and of the desire of the buyer to terminate the contract. The trustee, as soon as reasonably possible after receipt of the notice, shall refund to the buyer all money, including earned interest, in the trust fund held for the buyer's account.

2. If the contract continues in force and the buyer is not in default thereunder, upon the demise of the buyer, the contract automatically terminates. Upon termination, the seller shall: (a) Furnish the merchandise and perform or arrange to perform the services; (b) Make arrangements for the fulfillment of the agreement on a dollar-for-dollar basis with another performer serving the area to which the buyer has moved; or (c) Refund to the buyer or the representative or estate of the buyer, or transfer to a substituted performer, all money, including earned interest, in the trust fund held for the buyer's account.

3. The cemetery authority shall include a provision in each prepaid contract substantially stating: “If the purchaser defaults in making any payment under this contract, the cemetery authority may terminate the contract and is entitled to retain as damages not more than 40 percent of the total purchase price. The balance remaining, if any, must be refunded to the purchaser.”
Nev. Rev. Stat. § 692B.010 — NV Code / Title 57 / Chapter 692B / Section 692B.010
Scope
Status: in_force

This chapter applies to the formation, after January 1, 1972, of domestic stock and mutual insurers, to the capitalization of domestic stock insurers, and to the financing of domestic insurers of all types and of insurance holding corporations thereof.
Nev. Rev. Stat. § 697.020 — NV Code / Title 57 / Chapter 697 / Section 697.020
Definitions
Status: in_force

As used in this Code, unless the context otherwise requires, the words and terms defined in NRS 697.030 to 697.075 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 695C.318 — NV Code / Title 57 / Chapter 695C / Section 695C.318
Insolvency; determination of financial condition; actions by Commissioner; review; regulations
Status: in_force

1. A health maintenance organization shall be deemed to be insolvent if: (a) The health maintenance organization fails to meet its obligations as they mature; and (b) The assets of the health maintenance organization are less than the sum of its liabilities and the minimum surplus required to be maintained by the health maintenance organization under this Code for authority to transact business in this State.

2. In addition to the provisions of subsection 1, a health maintenance organization shall be deemed to be insolvent as otherwise expressly provided in this Code.

3. A health maintenance organization shall be deemed to be impaired if the assets of the health maintenance organization are less than the sum of its liabilities and the minimum surplus required to be maintained by the health maintenance organization under this Code for authority to transact business in this State.

4. The Commissioner may adopt regulations to define when a health maintenance 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 health maintenance organization transacting business in this State may be considered to be hazardous to its enrollees or creditors or to the general public.

5. If the Commissioner determines after a hearing that any health maintenance organization is in a hazardous financial condition, the Commissioner may, instead of suspending or revoking the certificate of authority of the health maintenance organization, limit the certificate of authority 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.

6. 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. § 681B.540 — NV Code / Title 57 / Chapter 681B / Section 681B.540
Insurers required to report material acquisition or disposition of assets; regulations; confidentiality
Status: in_force

Each insurer shall report to the Commissioner every material acquisition or disposition of assets within 15 days after the end of the month in which the transaction occurs. The Commissioner shall define by regulation what transactions are material, prescribe what information must be reported and specify any person to whom a copy must be sent. Except as otherwise provided in NRS 239.0115 , such a report is confidential and is not subject to subpoena.
Nev. Rev. Stat. § 688C.510 — NV Code / Title 57 / Chapter 688C / Section 688C.510
Injunctive and other relief; administrative fine; restitution; civil action; rescission
Status: in_force

1. In addition to the penalties and other means of enforcement provided under this chapter: (a) If a person violates a provision of this chapter or of a regulation adopted under this chapter, the Commissioner may seek an injunction and apply for temporary and permanent orders the Commissioner determines to be necessary to restrain the violator. (b) A person who violates a provision of this chapter is subject to an administrative fine of not more than $1,000 for each violation. (c) In addition to a criminal penalty imposed, the court shall order restitution to the person aggrieved by the violation.

2. A person aggrieved by a violation of this chapter may bring a civil action against the violator to recover the damages suffered.

3. A violation of this chapter attendant to the signing of an agreement to purchase a viatical settlement renders the agreement voidable and subject to rescission by the purchaser of viatical settlements, upon tender of the viaticated policy by the purchaser of viatical settlements to the provider of viatical settlements. Suit for rescission may be brought: (a) In a court of competent jurisdiction; (b) In the jurisdiction where the alleged violator resides; (c) In the jurisdiction where the alleged violator has a principal place of business; or (d) In the jurisdiction where the alleged violation occurred.
Nev. Rev. Stat. § 679B.660 — NV Code / Title 57 / Chapter 679B / Section 679B.660
Cooperation between Commissioner, Attorney General and investigative and law enforcement agencies
Status: in_force

1. Every person in charge of an investigative or law enforcement agency within this state shall: (a) Cooperate with the Commissioner and the investigators of the Commissioner, and the Attorney General and the members of the Fraud Control Unit; and (b) Upon request, furnish the Commissioner or Attorney General, as appropriate, with any information necessary for the investigation of insurance fraud.

2. The Commissioner and the Attorney General shall: (a) Assist any official of an investigative or a law enforcement agency of this state, any other state or the Federal Government who requests assistance in investigating any act of insurance fraud; and (b) Furnish to those officials any information, not otherwise confidential, concerning his or her investigation or his or her report on insurance fraud.
Nev. Rev. Stat. § 689.475 — NV Code / Title 57 / Chapter 689 / Section 689.475
“Prepaid contract” defined
Status: in_force

1. “ Prepaid contract ” means any contract under which, for a specified consideration paid in advance in a lump sum or by installments or payable solely from the proceeds of a policy of life insurance, the seller of the contract guarantees or promises, either before or upon the death of a beneficiary named in or otherwise ascertainable from the contract, to provide burial services and to furnish adaptable or suitable personal property, merchandise, supplies or facilities in connection with such services.

2. “Prepaid contract” does not include a contract of insurance or any instrument in writing whereby any charitable, religious, benevolent or fraternal benefit society, corporation, association, institution or organization, not having for its object or purpose pecuniary profit, promises or agrees to embalm, inter or otherwise dispose of the remains of any person, or to procure or pay the expenses, or any part thereof, for embalming, interring or otherwise disposing of the remains of any person.
Nev. Rev. Stat. § 694B.260 — NV Code / Title 57 / Chapter 694B / Section 694B.260
Impaired reciprocal insurer
Status: in_force

1. Subject to the limitation set forth in the power of attorney or policy, if the assets of a domestic reciprocal insurer are at any time insufficient to discharge its liabilities, other than any liability on account of funds contributed by the attorney or others, and to maintain the required surplus, its attorney shall forthwith make up the deficiency or levy an assessment upon the subscribers for the amount needed to make up the deficiency.

2. If the attorney fails to make up such deficiency or to make the assessment within 30 days after the Commissioner orders the attorney to do so, or if the deficiency is not fully made up within 60 days after the date the assessment was made, the insurer shall be deemed insolvent and shall be proceeded against as authorized by this Code.

3. If liquidation of such an insurer is ordered, an assessment shall be levied upon the subscribers for such an amount, subject to the limits provided by this chapter, as the Commissioner determines to be necessary to discharge all liabilities of the insurer, exclusive of any funds contributed by the attorney or other persons, but including the reasonable cost of the liquidation.
Nev. Rev. Stat. § 689.315 — NV Code / Title 57 / Chapter 689 / Section 689.315
Prepaid contracts: Maintenance and administration of trust fund; exception
Status: in_force

1. Except as otherwise provided in subsection 2: (a) The seller shall establish and maintain a trust fund with an authorized trustee, for the benefit of the beneficiary of the prepaid contract, in accordance with the trust agreement filed with and approved by the Commissioner. (b) The seller shall maintain unimpaired and shall deposit in the trust fund, within 15 days after the end of the month in which payment was received, all installments received on prepaid contracts sold after the sales commission has been deducted. (c) The trustee shall, with respect to the money in the trust fund, exercise the judgment and care under the circumstances then prevailing which persons of prudence, discretion and intelligence exercise in the management of their own affairs, not in regard to speculation, but in regard to the permanent disposition of their money, considering the probable income as well as the probable safety of their capital. Within the limitations of such standards, and subject to any express provision or limitation contained in any particular trust instrument, a trustee may acquire and retain every kind of investment, specifically including bonds, debentures and other corporate obligations and stocks, preferred or common, which persons of prudence, discretion and intelligence acquire or retain for their own account. (d) Except as otherwise provided in NRS 689.150 to 689.375 , inclusive, or the trust agreement approved in writing by the Commissioner or as may be required by an order of a court of competent jurisdiction, the trustees shall maintain the trust fund intact and unimpaired and shall make no other payment or disbursement from the trust fund.

2. The requirements of subsection 1 do not apply if: (a) The prepaid contract is payable solely from the proceeds of a policy of life insurance; and (b) The seller of the prepaid contract does not collect any money from the purchaser of the prepaid contract.
Nev. Rev. Stat. § 684A.080 — NV Code / Title 57 / Chapter 684A / Section 684A.080
Licensing of business entity: Qualifications; notification of Commissioner of changes of members, directors, officers and certain other persons
Status: in_force

1. Any business entity to whom a license is issued or renewed must: (a) Be eligible to declare this State as its home state; (b) Designate a natural person who is a licensed adjuster and who is authorized to transact business on behalf of the business entity to be responsible for the compliance of the business entity with the insurance laws, rules and regulations of this State; and (c) Never have committed any act that is a ground for refusal to issue, suspension or revocation of a license pursuant to NRS 683A.451 .

2. If the business entity is a firm or a corporation, transaction of business under the license must be within the purposes stated in the firm's partnership agreement or the corporation's charter, as applicable.

3. The licensee shall promptly notify the Commissioner in writing of all changes among its members, directors, officers and other natural persons designated pursuant to subsection 1.
Nev. Rev. Stat. § 682B.130 — NV Code / Title 57 / Chapter 682B / Section 682B.130
Deposit of assets in trust
Status: in_force

1. An alien insurer may use Nevada as a state of entry to transact insurance in the United States of America by making and maintaining in this state a deposit of assets in trust with a bank, credit union or trust company approved by the Commissioner.

2. The deposit, together with other trust deposits of the insurer held in the United States of America for the same purpose, must be in an amount not less than as required of an alien insurer under NRS 680A.140 , deposit requirement in general, and must consist of United States money, public obligations of the government or states or political subdivisions of the United States of America, and obligations of corporations and institutions in the United States of America, all as eligible for the investment of money of domestic insurers under NRS 682A.400 to 682A.468 , inclusive.

3. Such a deposit may be referred to as “trusteed assets.”
Nev. Rev. Stat. § 681B.310 — NV Code / Title 57 / Chapter 681B / Section 681B.310
Commissioner authorized to exempt certain policies and contracts from provisions of Valuation Manual; alternate applicable provisions; applicability
Status: in_force

1. The Commissioner may exempt specific product forms or product lines of a domestic company that is licensed and doing business only in this State from the requirements of NRS 681B.300 , if: (a) The Commissioner has issued to the company a written exemption and has not subsequently revoked that written exemption; and (b) The company computes reserves using assumptions and methods that were used before the operative date of the Valuation Manual , in addition to complying with any applicable requirements established in regulations adopted by the Commissioner.

2. If a company is granted an exemption as described in subsection 1, the provisions of NRS 681B.110 to 681B.260 , inclusive, apply to that company.

3. The provisions of this section apply only on or after the operative date of the Valuation Manual .
Nev. Rev. Stat. § 695F.430 — NV Code / Title 57 / Chapter 695F / Section 695F.430
Provision of services excluded from practice of any healing arts; solicitation excluded from provisions regarding solicitation or advertising by practitioner of healing art
Status: in_force

1. The provision of limited health services by a prepaid limited health service organization or any other person pursuant to this chapter shall not be deemed to be the practice of medicine or any other healing arts.

2. The solicitation by a prepaid limited health service organization to arrange for or provide a limited health service in accordance with this chapter does not violate any statutory provision relating to solicitation or advertising by a practitioner of a healing art.
Nev. Rev. Stat. § 689.700 — NV Code / Title 57 / Chapter 689 / Section 689.700
Money in trust fund exempt from attachment and other process in absence of fraud
Status: in_force

In the absence of fraud, all money in a trust fund held or invested in accordance with the provisions of this chapter is not liable to attachment, garnishment or other process or to be seized, taken, appropriated or applied to pay any debt or liability of the seller, buyer, beneficiary or performer by any legal or equitable process or by operation of law.
Nev. Rev. Stat. § 682A.177 — NV Code / Title 57 / Chapter 682A / Section 682A.177
“Rated credit instrument” defined
Status: in_force

1. “ Rated credit instrument ” means a contractual right to receive cash or another rated credit instrument from another entity which instrument: (a) Is rated or required to be rated by the SVO; (b) In the case of an instrument with a maturity of 397 days or less, is issued, guaranteed or insured by an entity that is rated by, or another obligation of such entity is rated by, the SVO or by a nationally recognized statistical rating organization recognized by the SVO; (c) In the case of an instrument with a maturity of 90 days or less, is issued by a qualified bank; (d) Is a share of a class one bond mutual fund; or (e) Is a share of a money market mutual fund.

2. The term does not include: (a) An instrument that is mandatorily, or at the option of the issuer, convertible to an equity interest; or (b) A security that has a par value and whose terms provide that the issuer's net obligation to repay all or part of the security's par value is determined by reference to the performance of an equity, a commodity, a foreign currency or an index of equities, commodities, foreign currencies, or any combination thereof.
Nev. Rev. Stat. § 697.325 — NV Code / Title 57 / Chapter 697 / Section 697.325
Bail enforcement agent required to notify local law enforcement agency when defendant apprehended; restrictions on entrance of structure and use of physical force; penalty
Status: in_force

1. After apprehending a defendant in this state, a bail enforcement agent shall immediately or without undue delay notify in person or by telephone the local law enforcement agency of the jurisdiction in which the defendant was apprehended of: (a) The identity of the defendant; (b) The identity of the bail enforcement agent; and (c) Where the bail enforcement agent is taking the defendant to surrender the defendant into custody.

2. A bail enforcement agent may not enter a structure in this State to apprehend a defendant unless the bail enforcement agent: (a) Reasonably believes that the defendant is within the structure; and (b) Has notified the local law enforcement agency of the jurisdiction in which the structure is located.

3. A bail enforcement agent may not forcibly enter any structure or other private property in this State to apprehend a defendant if: (a) The bail enforcement agent has not obtained the permission of the owner of the structure or property; or (b) Forcibly entering the structure or property creates a threat of harm to any person or property.

4. A bail enforcement agent may use physical force only when necessary to defend himself or herself in the process of locating, apprehending or surrendering a defendant. If it is necessary for a bail enforcement agent to use physical force under such circumstances, the bail enforcement agent may use only the amount of physical force that is reasonable under the circumstances.

5. As used in this section, “ structure ” includes, without limitation, any building, house, room, apartment, tenement, tent, conveyance, vessel, boat, vehicle, house trailer, travel trailer, motor home or railroad car, whether used as a residence, business or for any other purpose.
Nev. Rev. Stat. § 682A.005 — NV Code / Title 57 / Chapter 682A / Section 682A.005
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 682A.007 to 682A.223 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 682A.105 — NV Code / Title 57 / Chapter 682A / Section 682A.105
“Income generation transaction” defined
Status: in_force

“ Income generation transaction ” means a derivative transaction involving the writing of covered call options, covered put options, covered caps or covered floors that is intended to generate income or enhance returns.
Nev. Rev. Stat. § 689A.300 — NV Code / Title 57 / Chapter 689A / Section 689A.300
Order of certain provisions
Status: in_force

The provisions which are the subject of NRS 689A.050 to 689A.290 , inclusive, or any corresponding provisions which are used in lieu thereof in accordance with such sections shall be printed in the consecutive order of the provisions in such sections or, at the option of the insurer, any such provision may appear as a unit in any part of the policy, with other provisions to which it may be logically related, provided that the resulting policy shall not be in whole or in part unintelligible, uncertain, ambiguous, abstruse or likely to mislead a person to whom the policy is offered, delivered or issued.
Nev. Rev. Stat. § 682A.163 — NV Code / Title 57 / Chapter 682A / Section 682A.163
“Preferred stock” defined
Status: in_force

“ Preferred stock ” means the stock of a business entity authorized to issue the stock and that has a preference in liquidation over the common stock of the business entity.
Nev. Rev. Stat. § 687B.862 — NV Code / Title 57 / Chapter 687B / Section 687B.862
“Attachment point” defined
Status: in_force

“ Attachment point ” means the amount of claims or losses incurred by an insured beyond which an insurer under a policy of stop-loss insurance incurs a liability for payment to the insured.
Nev. Rev. Stat. § 695A.1856 — NV Code / Title 57 / Chapter 695A / Section 695A.1856
Coverage for examination of person who is pregnant for certain diseases required
Status: in_force

1. A society that issues a benefit contract shall provide coverage for the examination of a person who is pregnant for the discovery of: (a) Chlamydia trachomatis , gonorrhea, hepatitis B and hepatitis C in accordance with NRS 442.013 . (b) Syphilis in accordance with NRS 442.010 .

2. The coverage required by this section must be provided: (a) Regardless of whether the benefits are provided to the insured by a provider of health care, facility or medical laboratory that participates in the network plan of the society; and (b) Without prior authorization.

3. A benefit contract subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after July 1, 2021, has the legal effect of including the coverage required by subsection 1, and any provision of the contract that conflicts with the provisions of this section is void.

4. As used in this section: (a) “Medical laboratory” has the meaning ascribed to it in NRS 652.060 . (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) “Provider of health care” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 689.225 — NV Code / Title 57 / Chapter 689 / Section 689.225
Agent's license required to solicit sale of prepaid contract on behalf of seller; exception; administrative fine
Status: in_force

1. It is unlawful for any person to solicit the sale of a prepaid contract in this state on behalf of a seller unless the person holds a valid agent's license issued by the Commissioner.

2. This section does not apply to a seller who holds a valid seller's certificate of authority.

3. A person who solicits the sale of a prepaid contract in this state without a license is subject to an administrative fine of not more than $1,000 for each violation.
Nev. Rev. Stat. § 693A.030 — NV Code / Title 57 / Chapter 693A / Section 693A.030
Domestic insurer prohibited from engaging in other business; exceptions
Status: in_force

1. Except as otherwise provided in subsections 2, 3 and 4, a domestic insurer formed before, on or after January 1, 1972, shall not engage in any business other than the insurance business and in business activities reasonably and necessarily incidental to the insurance business.

2. A title insurer may also engage in business as an escrow agent.

3. Any insurer may also engage in business activities reasonably related to the management, supervision, servicing of and protection of its interests as to its lawful investments, and to the full utilization of its facilities.

4. An insurer may own subsidiaries which may engage in such businesses as are provided for in NRS 682A.430 .
Nev. Rev. Stat. § 682A.089 — NV Code / Title 57 / Chapter 682A / Section 682A.089
“Government money market mutual fund” defined
Status: in_force

“ Government money market mutual fund ” means a money market mutual fund that at all times:

1. Invests only in obligations issued, guaranteed or insured by the Federal Government or collateralized repurchase agreements composed of these obligations; and

2. Qualifies for investment without a reserve in accordance with the Purposes and Procedures Manual of the SVO.
Nev. Rev. Stat. § 695C.057 — NV Code / Title 57 / Chapter 695C / Section 695C.057
Applicability of certain provisions concerning portability and availability of health insurance
Status: in_force

1. A health maintenance organization is subject to the provisions of NRS 689A.470 to 689A.740 , inclusive, 689B.340 to 689B.580 , inclusive, and chapter 689C of NRS relating to the portability and availability of health insurance offered by such organizations. If there is a conflict between the provisions of this chapter and the provisions of NRS 689A.470 to 689A.740 , inclusive, 689B.340 to 689B.580 , inclusive, and chapter 689C of NRS , the provisions of NRS 689A.470 to 689A.740 , inclusive, 689B.340 to 689B.580 , inclusive, and chapter 689C of NRS control.

2. For the purposes of subsection 1, unless the context requires that a provision apply only to a group health plan or a carrier that provides coverage under a group health plan, any reference in those sections to “group health plan” or “carrier” must be replaced by “health maintenance organization.”
Nev. Rev. Stat. § 695I.505 — NV Code / Title 57 / Chapter 695I / Section 695I.505
Policies to meet unique needs of tradespersons: Application for federal waiver by Executive Director; requirements for offering policy on Exchange; criteria for eligibility for policy
Status: in_force

1. The Executive Director, in collaboration with the Director of the Department of Health and Human Services, shall apply to the Secretary of Health and Human Services for a waiver pursuant to 42 U.S.C. § 18052 to authorize an organization described in section 501(c)(5) of the Internal Revenue Code that processes health claims in this State to offer on the Exchange a policy of insurance to meet the unique needs of tradespersons, including, without limitation, persons who work temporary or seasonal jobs, that is capable of serving as an alternative to the continuation of group health benefits under the Consolidated Omnibus Budget Reconciliation Act of 1985.

2. The application for a waiver submitted pursuant to subsection 1 must include, without limitation, an application for a waiver of any provisions of federal law or regulations that would otherwise require a policy described in subsection 1 to meet the requirements of chapter 689A of NRS in order to be offered on the Exchange or for persons who purchase the plan on the Exchange to receive applicable federal subsidies.

3. To be offered on the Exchange, a policy of insurance described in subsection 1 must: (a) Meet all requirements established by the Federal Act for a qualified health plan, to the extent that those requirements do not prevent an organization described in section 501(c)(5) of the Internal Revenue Code from offering such a policy; and (b) Be certified by the Executive Director. Such certification must be renewed annually.

4. The Executive Director shall prescribe: (a) Requirements for certification of a policy of insurance pursuant to paragraph (b) of subsection 3; and (b) Criteria to determine when a person becomes eligible for a policy of insurance described in subsection 1. Those criteria must address: (1) Persons who recently began employment but have not yet met the requirements concerning hours of work necessary to receive insurance through their employer; and (2) Persons who have recently lost their jobs.

5. When performing the duties described in subsections 1 and 4, the Executive Director shall consult with organizations described in section 501(c)(5) of the Internal Revenue Code and other interested persons and entities concerning the requirements for certification of a policy of insurance described in subsection 1 and the criteria described in paragraph (b) of subsection 4.
Nev. Rev. Stat. § 682A.015 — NV Code / Title 57 / Chapter 682A / Section 682A.015
“Accident and health insurer” defined
Status: in_force

“ Accident and health insurer ” means a licensed life or health insurer or health services corporation whose insurance premiums and required statutory reserves for accident and health insurance constitute at least 95 percent of the total premium considerations or total statutory required reserves, respectively.
Nev. Rev. Stat. § 689A.0465 — NV Code / Title 57 / Chapter 689A / Section 689A.0465
Policy prohibited from excluding coverage of treatment of temporomandibular joint; exception
Status: in_force

1. Except as otherwise provided in this section, no policy of health insurance may be delivered or issued for delivery in this state if it contains an exclusion of coverage of treatment of the temporomandibular joint whether by specific language in the policy or by a claims settlement practice. A policy may exclude coverage of those methods of treatment which are recognized as dental procedures, including, but not limited to, the extraction of teeth and the application of orthodontic devices and splints.

2. The insurer may limit its liability on the treatment of the temporomandibular joint to: (a) No more than 50 percent of the usual and customary charges for such treatment actually received by an insured, but in no case more than 50 percent of the maximum benefits provided by the policy for such treatment; and (b) Treatment which is medically necessary.

3. Any provision of a policy subject to the provisions of this chapter and issued or delivered on or after January 1, 1990, which is in conflict with this section is void.
Nev. Rev. Stat. § 679B.670 — NV Code / Title 57 / Chapter 679B / Section 679B.670
Immunity from liability for nonmalicious disclosure of information on fraudulent claim or suspicious fire
Status: in_force

Any person, governmental entity, insurer, employee or representative of an insurer, official of an investigative or law enforcement agency, employee of the Division, the Commissioner, the Attorney General or a member of the Fraud Control Unit is not subject to a criminal penalty or subject to civil liability for libel, slander or any similar cause of action in tort if he or she, without malice, discloses information on a fraudulent claim or suspicious fire.
Nev. Rev. Stat. § 688A.285 — NV Code / Title 57 / Chapter 688A / Section 688A.285
Qualified charitable-gift annuity: Effect of noncompliance; penalties
Status: in_force

1. Failure of a charitable organization to comply with the requirements of NRS 688A.283 or 688A.284 for disclosure or notice, or both, does not disqualify an annuity that otherwise constitutes a qualified charitable-gift annuity.

2. The Commissioner may demand, by certified mail with return receipt requested, that the organization comply with those requirements, and may impose a fine of not more than $1,000 for each charitable-gift annuity issued before compliance is complete.
Nev. Rev. Stat. § 685A.020 — NV Code / Title 57 / Chapter 685A / Section 685A.020
Exemptions
Status: in_force

The Nonadmitted Insurance Law shall not apply to reinsurance, or to the following insurances when placed by general lines agents or general lines brokers or surplus lines brokers licensed as such by this state or when procured directly by an insured from a nonadmitted insurer:

1. Wet marine and transportation insurance;

2. Insurance of subjects located, resident or to be performed wholly outside of this state, or on vehicles or aircraft owned and principally garaged outside this state;

3. Insurance of property and operations of railroads engaged in interstate commerce;

4. Insurance of aircraft of common carriers, or cargo of such aircraft, or against liability, other than employer's liability, arising out of the ownership, maintenance or use of such aircraft; or

5. Insurance of automobile bodily injury and property damage liability risks when written in Mexican insurers and covering in Mexico and not in the United States of America.
Nev. Rev. Stat. § 695I.360 — NV Code / Title 57 / Chapter 695I / Section 695I.360
Compliance with Open Meeting Law
Status: in_force

The Board and any subcommittee or advisory committee appointed by the Board shall comply with the provisions of chapter 241 of NRS .
Nev. Rev. Stat. § 695C.313 — NV Code / Title 57 / Chapter 695C / Section 695C.313
Financial examination: Procedure; appointment of examiner; maintenance and use of records; penalty for obstruction or interference
Status: in_force

1. If the Commissioner determines to examine a health maintenance organization pursuant to NRS 695C.311 , the Commissioner shall designate one or more examiners and instruct them as to the scope of the examination. The examiner shall, upon demand, exhibit his or her official credentials to the health maintenance organization being examined.

2. The Commissioner shall conduct each examination in an expeditious, fair and impartial manner.

3. The Commissioner, or the examiner if the examiner is authorized in writing by the Commissioner, may administer oaths and examine under oath any person concerning any matter relevant to the examination.

4. Every health maintenance organization and its officers, attorneys, employees, agents and representatives shall make available to the Commissioner or the examiners of the Commissioner the accounts, records, documents, files, information, assets and matters of the health maintenance organization in his or her possession or control relating to the subject of the examination and shall facilitate the examination.

5. If the Commissioner or examiner finds any accounts or records to be inadequate or inadequately kept or posted, he or she shall so notify the health maintenance organization and give the health maintenance organization a reasonable opportunity to reconstruct, rewrite, post or balance the account or record. If the health maintenance organization fails to maintain, complete or correct the records or accounting after the Commissioner or examiner has given the health maintenance organization written notice and a reasonable opportunity to do so, the Commissioner may employ experts to reconstruct, rewrite, post or balance the account or record at the expense of the health maintenance organization being examined.

6. The Commissioner or an examiner shall not remove any record, account, document, file or other property of the health maintenance organization being examined from the office or place of business of the health maintenance organization unless the Commissioner or examiner has the written consent of an officer of the health maintenance organization before the removal or pursuant to an order of court. This provision does not prohibit the Commissioner or examiner from making or removing copies or abstracts of a record, account, document or file.

7. Any person who, without just cause, refuses to be examined under oath or who willfully obstructs or interferes with an examiner in the exercise of his or her authority is guilty of a misdemeanor.
Nev. Rev. Stat. § 693A.645 — NV Code / Title 57 / Chapter 693A / Section 693A.645
Mutual insurance holding company: Annual filing requirements
Status: in_force

1. A mutual insurance holding company shall file with the Commissioner, by March 1 of each year, an annual statement consisting of an income statement, balance sheet and cash flows prepared in accordance with generally accepted accounting practices and a confidential statement disclosing any intention to pledge, borrow against, alienate, hypothecate or in any way encumber the assets of the mutual insurance holding company.

2. A mutual insurance holding company shall, on or before June 1 of each year, file with the Commissioner in a form approved by the Commissioner a financial statement as of December 31 of the preceding calendar year that is certified by a certified public accountant.
Nev. Rev. Stat. § 689B.440 — NV Code / Title 57 / Chapter 689B / Section 689B.440
“Plan sponsor” defined
Status: in_force

“Plan sponsor” has the meaning ascribed to it in section 3(16)(B) of the Employee Retirement Income Security Act of 1974, as that section existed on July 16, 1997.
Nev. Rev. Stat. § 694C.330 — NV Code / Title 57 / Chapter 694C / Section 694C.330
Payment of dividends and extraordinary dividends
Status: in_force

1. Except as otherwise provided in this section, a captive insurer shall pay dividends out of, or make any other distributions from, its capital or surplus, or both, in accordance with the provisions set forth in NRS 692C.370 , 693A.140 , 693A.150 and 693A.160 .

2. A captive insurer other than a state-chartered risk retention group shall not pay extraordinary dividends out of, or make any other extraordinary distribution with respect to, its capital or surplus, or both, in violation of this section unless the captive insurer has obtained the prior approval of the Commissioner to make such a payment or distribution. As used in this subsection, “ extraordinary dividend ” and “ extraordinary distribution ” mean any dividend or distribution of cash or other property, the fair market value of which, together with that of other dividends or distributions within the preceding 12 months, exceeds the greater of: (a) Ten percent of the surplus of the captive insurer as of December 31 next preceding the date of the dividend or distribution; or (b) The net income of the captive insurer for the 12-month period ending December 31 next preceding the date of the dividend or distribution.

3. A state-chartered risk retention group shall not pay any dividend or distribution without prior approval of the Commissioner.
Nev. Rev. Stat. § 695H.100 — NV Code / Title 57 / Chapter 695H / Section 695H.100
Person responsible for conducting business activities of medical discount plan prohibited from engaging in certain acts
Status: in_force

A person who is responsible for conducting the business activities of a medical discount plan may not:

1. Use the word “insurance” or “enrollment” in any advertising or marketing material, brochures or discount cards for the medical discount plan unless approved by the Commissioner;

2. Use in any advertising or marketing material, brochures or discount cards for the medical discount plan the terms “coverage,” “copay,” “preexisting conditions,” “guaranteed issue,” “PPO,” “preferred provider organization” or any other term that could reasonably mislead a person into believing the medical discount plan is a policy of health insurance;

3. Pay a provider of health care any fee for providing any health care or medical services; or

4. Collect or accept money from a member of the medical discount plan for payment to a provider of health care for specific health care or medical services that the provider has provided or will provide to the member unless the registration for the medical discount plan is held by an administrator or insurer.
Nev. Rev. Stat. § 695C.330 — NV Code / Title 57 / Chapter 695C / Section 695C.330
Disciplinary proceedings: Grounds; effect of suspension or revocation
Status: in_force

1. The Commissioner may suspend or revoke any certificate of authority issued to a health maintenance organization pursuant to the provisions of this chapter if the Commissioner finds that any of the following conditions exist: (a) The health maintenance organization is operating significantly in contravention of its basic organizational document, its health care plan or in a manner contrary to that described in and reasonably inferred from any other information submitted pursuant to NRS 695C.060 , 695C.070 and 695C.140 , unless any amendments to those submissions have been filed with and approved by the Commissioner; (b) The health maintenance organization issues evidence of coverage or uses a schedule of charges for health care services which do not comply with the requirements of NRS 695C.1691 to 695C.200 , inclusive, 695C.204 or 695C.207 ; (c) The health care plan does not furnish comprehensive health care services as provided for in NRS 695C.060 ; (d) The Commissioner certifies that the health maintenance organization: (1) Does not meet the requirements of subsection 1 of NRS 695C.080 ; or (2) Is unable to fulfill its obligations to furnish health care services as required under its health care plan; (e) The health maintenance organization is no longer financially responsible and may reasonably be expected to be unable to meet its obligations to enrollees or prospective enrollees; (f) The health maintenance organization has failed to put into effect a mechanism affording the enrollees an opportunity to participate in matters relating to the content of programs pursuant to NRS 695C.110 ; (g) The health maintenance organization has failed to put into effect the system required by NRS 695C.260 for: (1) Resolving complaints in a manner reasonably to dispose of valid complaints; and (2) Conducting external reviews of adverse determinations that comply with the provisions of NRS 695G.241 to 695G.310 , inclusive; (h) The health maintenance organization or any person on its behalf has advertised or merchandised its services in an untrue, misrepresentative, misleading, deceptive or unfair manner; (i) The continued operation of the health maintenance organization would be hazardous to its enrollees or creditors or to the general public; (j) The health maintenance organization fails to provide the coverage required by NRS 695C.1691 ; or (k) The health maintenance organization has otherwise failed to comply substantially with the provisions of this chapter.

2. A certificate of authority must be suspended or revoked only after compliance with the requirements of NRS 695C.340 .

3. If the certificate of authority of a health maintenance organization is suspended, the health maintenance organization shall not, during the period of that suspension, enroll any additional groups or new individual contracts, unless those groups or persons were contracted for before the date of suspension.

4. If the certificate of authority of a health maintenance organization is revoked, the organization shall proceed, immediately following the effective date of the order of revocation, to wind up its affairs and shall conduct no further business except as may be essential to the orderly conclusion of the affairs of the organization. It shall engage in no further advertising or solicitation of any kind. The Commissioner may, by written order, permit such further operation of the organization as the Commissioner may find to be in the best interest of enrollees to the end that enrollees are afforded the greatest practical opportunity to obtain continuing coverage for health care.
Nev. Rev. Stat. § 679B.228 — NV Code / Title 57 / Chapter 679B / Section 679B.228
Fee for returned check or other dishonored payment
Status: in_force

The Division shall charge a person a fee in the amount established by the State Controller pursuant to NRS 353C.115 for each check or other method of payment that is returned to the Division or otherwise dishonored because the person had insufficient money or credit with the drawee or financial institution to pay the check or other method of payment or because the person stopped payment on the check or other method of payment.
Nev. Rev. Stat. § 695G.307 — NV Code / Title 57 / Chapter 695G / Section 695G.307
Health carrier required to provide description of external review procedures; format; contents
Status: in_force

1. A health carrier shall include a description of the external review procedures in or attached to the policy, certificate, membership booklet, outline of coverage or other evidence of coverage it provides to covered persons.

2. The description required by subsection 1 must be in a format prescribed by the Commissioner.

3. The description required by subsection 1 must include a statement that informs the covered person of the right of the covered person to file a request for an external review of an adverse determination with the Office for Consumer Health Assistance. The statement may explain that external review is available when the adverse determination involves an issue of medical necessity, appropriateness, health care setting, level of care or effectiveness. The statement must include the telephone number and address of the Office for Consumer Health Assistance.

4. In addition to the requirements of subsection 3, the statement must inform the covered person that, when filing a request for an external review, the covered person will be required to authorize the release of any medical records of the covered person that may be required to be reviewed for the purpose of reaching a decision on the external review.
Nev. Rev. Stat. § 682B.140 — NV Code / Title 57 / Chapter 682B / Section 682B.140
Purpose and duration
Status: in_force

The deposit provided for in NRS 682B.130 shall be for the benefit, security and protection of the policyholders, or policyholders and creditors, of the insurer in the United States of America, and shall be maintained as long as there is outstanding in the United States of America any liability of the insurer arising out of its insurance transactions therein.
Nev. Rev. Stat. § 695B.3167 — NV Code / Title 57 / Chapter 695B / Section 695B.3167
Corporation prohibited from discriminating against person with respect to participation or coverage on basis of gender identity or expression
Status: in_force

A hospital or medical services corporation that issues a policy of health insurance shall not discriminate against any person with respect to participation or coverage under the policy on the basis of actual or perceived gender identity or expression. Prohibited discrimination includes, without limitation:

1. Denying, cancelling, limiting or refusing to issue or renew a policy of health insurance on the basis of the actual or perceived gender identity or expression of a person or a family member of the person;

2. Imposing a payment or premium that is based on the actual or perceived gender identity or expression of an insured or a family member of the insured;

3. Designating the actual or perceived gender identity or expression of a person or a family member of the person as grounds to deny, cancel or limit participation or coverage; and

4. Denying, cancelling or limiting participation or coverage on the basis of actual or perceived gender identity or expression, including, without limitation, by limiting or denying coverage for health care services that are: (a) Related to gender transition, provided that there is coverage under the policy for the services when the services are not related to gender transition; or (b) Ordinarily or exclusively available to persons of any sex.
Nev. Rev. Stat. § 681B.200 — NV Code / Title 57 / Chapter 681B / Section 681B.200
“Qualified actuary” defined
Status: in_force

1. As used in NRS 681B.200 to 681B.260 , inclusive, “ qualified actuary ” means a natural person who is qualified to sign the applicable statement of actuarial opinion in accordance with the qualification standards set by the American Academy of Actuaries for an actuary signing such a statement.

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. § 683A.0857 — NV Code / Title 57 / Chapter 683A / Section 683A.0857
Bond: Requirement; amount; conditions; replacement
Status: in_force

1. Each administrator shall file with the Commissioner a bond which complies with NRS 679B.175 , continuous in form and in an amount determined by the Commissioner of not less than $100,000.

2. The Commissioner shall establish schedules for the amount of the bond required, based on the amount of money received and distributed by an administrator.

3. The bond must inure to the benefit of any person damaged by any fraudulent act or conduct of the administrator and must be conditioned upon faithful accounting and application of all money coming into the administrator's possession in connection with his or her activities as an administrator.

4. A replacement bond must meet all requirements for the initial bond.
Nev. Rev. Stat. § 680B.040 — NV Code / Title 57 / Chapter 680B / Section 680B.040
Independently procured coverages: Report; tax; penalty
Status: in_force

1. Every insured for whom this State is the home state as defined in NRS 685A.034 who procures or causes to be procured or continues or renews insurance in an unauthorized alien or foreign insurer, or any self-insurer in this State who procures or continues excess loss, catastrophe or other insurance, other than insurance procured through a surplus line broker pursuant to chapter 685A of NRS or exempted from that chapter, shall within 45 days after the end of each quarter in which such insurance was so procured, continued or renewed, file a written report as directed by the Commissioner pursuant to chapter 685A of NRS and furnished to such an insured upon request. The report must show: (a) The name and address of the insured or insureds. (b) The name and address of the insurer. (c) The subject of the insurance. (d) A general description of the coverage. (e) The premium currently charged therefor. (f) Such additional pertinent information as is reasonably requested by the Commissioner or the designee of the Commissioner. If any such insurance covers also a subject of insurance resident, located or to be performed outside of this State for which this State is the home state of the insured as defined in NRS 685A.034 , for the purposes of this section a proper pro rata portion of the entire premium payable for all such insurance must be allocated and disbursed pursuant to the provisions of chapter 685A of NRS .

2. For the general support of the government of this State there is levied upon the obligation, chose in action or right represented by the premium charged or payable for such insurance a tax at the rate prescribed in NRS 685A.175 and 685A.180 . The insured shall withhold the amount of the tax from the amount of premium charged by and otherwise payable to the insurer for such insurance, and within 30 days after the insurance was so procured, continued or renewed, and coincidentally with the filing of the report provided for in subsection 1, the insured shall pay the amount of the tax as directed by the Commissioner.

3. If the insured fails to withhold from the premium the amount of tax levied in this section, the insured is liable for the amount of the tax and shall pay it as directed by the Commissioner within the time stated in subsection 2.

4. If the insured fails to pay the tax imposed by this section, the insured shall in addition to any other applicable penalty pay a penalty of not more than 10 percent of the amount of the tax which is owed, as determined by the Department of Taxation, in addition to the tax, plus interest at the rate of 1.5 percent per month, or fraction of a month, from the date on which the tax should have been paid until the date of payment.

5. The tax is collectible from the insured by civil action brought by the Department of Taxation, and by the seizure, distraint and sale of any property of the insured situated in this State.

6. This section does not abrogate or modify any other provision of this Code.

7. This section does not apply to life or disability insurances.

8. The provisions of this section do not prohibit the procurement of insurance from an unauthorized alien or foreign insurer by a person in accordance with the requirements of subsection 9 of NRS 680A.070 .
Nev. Rev. Stat. § 689B.026 — NV Code / Title 57 / Chapter 689B / Section 689B.026
Delivery of policy to group formed to purchase health insurance prohibited; exception; applicable provisions for review of marketed insurance products by Commissioner; applicability to policy issued in another state
Status: in_force

1. Except as otherwise provided in this section, no policy of group health insurance may be delivered or issued for delivery in this state to a group which was formed for the purpose of purchasing one or more policies of group health insurance.

2. A policy of group health insurance may be delivered to a group described in subsection 1 if the Commissioner approves the issuance. The Commissioner shall not grant approval unless the Commissioner finds that: (a) The benefits of the policy are reasonable in relation to the premiums charged; (b) The group to which the policy is issued is organized and operated in a fiscally sound manner; and (c) All policy rates and forms are filed with and approved by the Division before marketing to a resident or employer in this State.

3. The Commissioner shall use the provisions of this chapter and chapter 689C of NRS to review insurance products marketed to employers in this State. The Commissioner shall use the provisions of chapter 689A of NRS to review insurance products marketed to natural persons in this State.

4. The provisions of this section apply to the offering in this state of a policy issued in another state.
Nev. Rev. Stat. § 681B.0041 — NV Code / Title 57 / Chapter 681B / Section 681B.0041
“Life insurance” defined
Status: in_force

“ Life insurance ” means a contract that incorporates mortality risk, including, without limitation, an annuity and pure endowment contract, and as may further be specified in the Valuation Manual .
Nev. Rev. Stat. § 692A.110 — NV Code / Title 57 / Chapter 692A / Section 692A.110
Revised Statutes Title insurers: Authorized activities; prohibited activity; certification and supervision of title agents and escrow officers
Status: in_force

1. Each title insurer may: (a) Engage in title insurance business if licensed to do so by the Commissioner. (b) Take action incidental to the making of a contract or policy of title insurance, directly or through a title agent or escrow officer employed by the title insurer, including the conducting or holding of money in escrow, making settlements and closing transactions. (c) Provide any other service related or incidental to the sale and transfer of property if it has filed notice with the Commissioner of its intention to provide the service, and the Commissioner has not disapproved the service within 30 days after the Commissioner’s receipt of the notice. (d) Invest in title plants.

2. No title insurer may engage in the business of guaranteeing the obligations of other persons.

3. Each title insurer shall, no later than February 1 of each calendar year, certify to the Commissioner the title agents and escrow officers it employs or appoints, including title agents and escrow officers employed by a title agent whom it has appointed. Each title insurer is responsible for and shall supervise the acts of each person that is required to be certified pursuant to this section.
Nev. Rev. Stat. § 690A.0243 — NV Code / Title 57 / Chapter 690A / Section 690A.0243
“Net debt” defined
Status: in_force

“ Net debt ” means the amount required to liquidate the remaining debt in a single lump-sum payment, excluding all unearned interest and other unearned finance charges.
Nev. Rev. Stat. § 695C.267 — NV Code / Title 57 / Chapter 695C / Section 695C.267
Provision requiring binding arbitration authorized; procedures for arbitration; declaratory relief
Status: in_force

1. Except as otherwise provided in NRS 695C.265 and subject to the approval of the Commissioner, a health maintenance organization may include in any evidence of coverage issued by the organization a provision which requires an enrollee to whom the evidence of coverage is issued and the health maintenance organization to submit for binding arbitration any dispute between the enrollee and the organization concerning any matter directly or indirectly related to, or associated with, the evidence of coverage or the health care plan or health care services of the health maintenance organization. If such a provision is included in the evidence of coverage: (a) An enrollee must be given the opportunity to decline to participate in binding arbitration at the time of his or her enrollment. (b) It must clearly state that the health maintenance organization and an enrollee who has not declined to participate in binding arbitration agree to forego their right to resolve any such dispute in a court of law or equity.

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

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

4. If a provision described in subsection 1 is included in any evidence of coverage issued by a health maintenance organization, the provision shall not be deemed unenforceable as an unreasonable contract of adhesion if the provision is included in compliance with the provisions of subsection 1.
Nev. Rev. Stat. § 695H.040 — NV Code / Title 57 / Chapter 695H / Section 695H.040
“Insurer” defined
Status: in_force

“ Insurer ” means any insurer, fraternal benefit society, nonprofit corporation for hospital, medical and dental services, organization for dental care, health maintenance organization or prepaid limited health service organization authorized pursuant to this title to conduct business in this State.
Nev. Rev. Stat. § 686A.287 — NV Code / Title 57 / Chapter 686A / Section 686A.287
Provision by insurer of information concerning fraud upon request by Attorney General, Commissioner or certain agencies
Status: in_force

1. Every insurer shall provide information concerning insurance fraud to the Attorney General, the Commissioner, any investigative or law enforcement agency or any agency of the Federal Government, if the insurer receives a request in writing for that information.

2. The information requested from an insurer may include: (a) Information about the policy of insurance on the property which was demolished or destroyed, including information from the application for insurance; (b) Information on previous claims made by the insured; (c) Records of the premiums paid for the policy of insurance; and (d) Information concerning the insurer's investigation of the claim, including statements of any person, information submitted as proof of the loss or any other relevant information on the claim.
Nev. Rev. Stat. § 689A.615 — NV Code / Title 57 / Chapter 689A / Section 689A.615
Certain plan, fund or program to be treated as employee welfare benefit plan which is group health plan; partnership deemed employer of each partner
Status: in_force

For the purposes of NRS 689A.470 to 689A.740 , inclusive:

1. Any plan, fund or program which would not be, but for section 2721(e) of the Public Health Service Act, as amended by Public Law 104-191 , as that section existed on July 16, 1997, an employee welfare benefit plan and which is established or maintained by a partnership to the extent that the plan, fund or program provides medical care to current or former partners in the partnership or to their dependents, as defined under the terms of the plan, fund or program, directly or through insurance, reimbursement or otherwise, must be treated, subject to subsection 2, as an employee welfare benefit plan which is a group health plan.

2. In the case of a group health plan, a partnership shall be deemed to be the employer of each partner.
Nev. Rev. Stat. § 685B.170 — NV Code / Title 57 / Chapter 685B / Section 685B.170
Order after hearing; administrative fines; modification of order
Status: in_force

1. After the Commissioner conducts a hearing pursuant to NRS 685B.160 , the Commissioner shall issue an order pursuant to NRS 679B.360 . If the Commissioner determines that the person being charged has engaged in a practice prohibited by this Code, the Commissioner shall order the person to cease and desist from that practice.

2. If the person knew or reasonably should have known that he or she was in violation of this Code, the Commissioner may order the person to pay an administrative fine of not more than $10,000 for each act or violation.

3. The Commissioner may modify or set aside, in whole or in part, any order issued by him or her pursuant to this section, but any such action must be made before the expiration of the period for appeal or before the official record in the proceeding has been filed with the court.
Nev. Rev. Stat. § 695B.254 — NV Code / Title 57 / Chapter 695B / Section 695B.254
Choice of types of contracts required to be offered
Status: in_force

1. A person who is entitled to a converted contract must be given a choice of at least three types of contracts offering benefits on a service basis or an expense-incurred basis, or both.

2. The converted contract may include major medical or catastrophic benefits if they were provided under the group contract.

3. For those subscribers eligible for Medicare, the medical service corporation may provide for a supplement to Medicare as part of the conversion privilege.
Nev. Rev. Stat. § 692C.3509 — NV Code / Title 57 / Chapter 692C / Section 692C.3509
Penalties
Status: in_force

1. If an insurer or insurance group fails, without just cause, to timely file a corporate governance annual disclosure as required in NRS 692C.3501 to 692C.3509 , inclusive, the insurer or insurance group shall, after receiving notice and a hearing, pay a civil penalty of $1,500 for each day the insurer or insurance group fails to file the corporate governance annual disclosure. The civil penalty may be recovered in a civil action brought by the Commissioner. Any civil penalty paid pursuant to this subsection must be deposited into the State General Fund.

2. The maximum civil penalty that may be imposed pursuant to subsection 1 is $100,000. The Commissioner may reduce the amount of the civil penalty if the insurer or insurance group demonstrates to the satisfaction of the Commissioner that the payment of the civil penalty would constitute a financial hardship on the insurer or insurance group.
Nev. Rev. Stat. § 682A.115 — NV Code / Title 57 / Chapter 682A / Section 682A.115
“Investment company series” defined
Status: in_force

“ Investment company series ” means an investment portfolio of an investment company that is organized as a series company and to which assets of the investment company have been specifically allocated.
Nev. Rev. Stat. § 687B.100 — NV Code / Title 57 / Chapter 687B / Section 687B.100
Application as evidence
Status: in_force

1. No application for the issuance of any life or health insurance policy or annuity contract shall be admissible in evidence in any action relative to such policy or contract, unless a true copy of the application was attached to or otherwise made a part of the policy or contract when issued. This subsection does not apply to industrial life insurance policies.

2. If any policy of life or health insurance delivered in this state is reinstated or renewed, and the insured or the beneficiary or assignee of the policy makes written request to the insurer for a copy of the application, if any, for such reinstatement or renewal, the insurer shall, within 30 days after receipt of such request at its home office, deliver or mail to the person making such request a copy of such application reproduced by any legible means. If such copy is not so delivered or mailed after having been so requested, the insurer shall be precluded from introducing the application in evidence in any action or proceeding based upon or involving the policy or its reinstatement or renewal. In the case of such a request from a beneficiary or assignee, the time within which the insurer is required to furnish a copy of such application shall not begin to run until after receipt of evidence satisfactory to the insurer of the beneficiary's or assignee's vested interest in the policy or contract.

3. As to kinds of insurance other than life or health insurance, no application for insurance signed by or on behalf of the insured shall be admissible in evidence in any action between the insured and the insurer arising out of the policy so applied for, if the insurer has failed, at the expiration of 30 days after receipt by the insurer of written demand therefor by or on behalf of the insured, to furnish to the insured a copy of such application reproduced by any legible means.
Nev. Rev. Stat. § 683A.341 — NV Code / Title 57 / Chapter 683A / Section 683A.341
Reports to Commissioner: Administrative action or criminal prosecution against producer
Status: in_force

A producer of insurance shall report to the Commissioner:

1. Any administrative action taken against the producer of insurance in another jurisdiction or by another governmental agency in this state, within 30 days after the final disposition of the matter. The report must include a copy of the complaint filed, the order issued and any other relevant legal documents.

2. Any criminal prosecution against the producer of insurance in any jurisdiction, within 30 days after the initial pretrial hearing. The report must include a copy of the complaint filed, the order as a result of the pretrial hearing and other relevant legal documents.
Nev. Rev. Stat. § 695C.173 — NV Code / Title 57 / Chapter 695C / Section 695C.173
Plan covering family member of enrollee required to include certain coverage for enrollee’s newly born and adopted children and children placed with enrollee for adoption
Status: in_force

1. All individual and group health care plans which provide coverage for a family member of the enrollee must as to such coverage provide that the health care services applicable for children are payable with respect to: (a) A newly born child of the enrollee from the moment of birth; (b) An adopted child from the date the adoption becomes effective, if the child was not placed in the home before adoption; and (c) A child placed with the enrollee for the purpose of adoption from the moment of placement as certified by the public or private agency making the placement. The coverage of such a child ceases if the adoption proceedings are terminated as certified by the public or private agency making the placement. The plans must provide the coverage specified in subsection 3, and must not exclude premature births.

2. The evidence of coverage may require that notification of: (a) The birth of a newly born child; (b) The effective date of adoption of a child; or (c) The date of placement of a child for adoption, and payments of the required charge, if any, must be furnished to the health maintenance organization within 31 days after the date of birth, adoption or placement for adoption in order to have the coverage continue beyond the 31-day period.

3. The coverage for newly born and adopted children and children placed for adoption consists of preventive health care services as well as coverage of injury or sickness, including the necessary care and treatment of medically diagnosed congenital defects and birth abnormalities and, within the limits of the policy, necessary transportation costs from place of birth to the nearest specialized treatment center under major medical policies, and with respect to basic policies to the extent such costs are charged by the treatment center.

4. For covered services provided to the child, the health maintenance organization shall reimburse noncontracted providers of health care to an amount equal to the average amount of payment for which the organization has agreements, contracts or arrangements for those covered services.
Nev. Rev. Stat. § 683A.140 — NV Code / Title 57 / Chapter 683A / Section 683A.140
Licensing of firm or corporation; requirements for issuance or renewal of license of business entity
Status: in_force

1. A firm or corporation may be licensed as a managing general agent.

2. A resident firm or corporation which has more than one office in this state is a single licensee for the purposes of being appointed by insurers and the authority of natural persons to act for the firm or corporation. Such a firm or corporation must obtain a copy of its license for each location, but only must obtain one original license as a managing general agent.

3. For licensing as a managing general agent, each natural person designated pursuant to subsection 5 must obtain a separate license in his or her own name. The Commissioner shall charge appropriate fees for each person who is designated pursuant to subsection 5.

4. The licensee shall promptly notify the Commissioner of all changes among its members, directors and officers, and among other persons named in the license. The licensee shall provide to the Commissioner upon request information concerning officers or owners of the firm or corporation who are not named in the license.

5. Any business entity to whom a license is issued or renewed must: (a) Be eligible to declare this state as its home state; (b) Designate a natural person who is licensed as a managing general agent to be responsible for the compliance of the business entity with the insurance laws, rules and regulations of this State; and (c) Never have committed any act that is a ground for refusal to issue, suspension of or revocation of a license pursuant to NRS 683A.451 .
Nev. Rev. Stat. § 689B.030 — NV Code / Title 57 / Chapter 689B / Section 689B.030
Required provisions
Status: in_force

Each group health insurance policy must contain in substance the following provisions:

1. A provision that, in the absence of fraud, all statements made by applicants or the policyholders or by an insured person are representations and not warranties, and that no statement made for the purpose of effecting insurance voids the insurance or reduces its benefits unless the statement is contained in a written instrument signed by the policyholder or the insured person, a copy of which has been furnished to the policyholder or insured person or a beneficiary of the policyholder or insured person.

2. A provision that the insurer will furnish to the policyholder for delivery to each employee or member of the insured group a statement in summary form of the essential features of the insurance coverage of that employee or member and to whom benefits thereunder are payable. If dependents are included in the coverage, only one statement need be issued for each family.

3. A provision that to the group originally insured may be added from time to time eligible new employees or members or dependents, as the case may be, in accordance with the terms of the policy.

4. A provision for benefits for expense arising from care at home or health supportive services if the care or service was prescribed by a physician and would have been covered by the policy if performed in a medical facility or facility for the dependent as defined in chapter 449 of NRS .

5. A provision for benefits for expenses arising from hospice care.
Nev. Rev. Stat. § 686A.285 — NV Code / Title 57 / Chapter 686A / Section 686A.285
Report by insurer of suspicion that loss to insured was caused by other than accidental or natural occurrence
Status: in_force

1. If an insurer has a reasonable suspicion that a loss to an insured may have been caused by other than an accidental or a natural occurrence, the insurer shall notify the Commissioner and Attorney General in writing of the insurer's reasons for the suspicion.

2. Any insurer making such a report shall provide the Commissioner and Attorney General with any information the insurer obtained during its investigation of the claim.

3. If the loss referred to in subsection 1 is believed to be caused by fire, the insurer shall also so notify an investigative or law enforcement agency.
Nev. Rev. Stat. § 692A.250 — NV Code / Title 57 / Chapter 692A / Section 692A.250
Money deposited in escrow: Exemption from execution; designation; permissible depository; regulations defining “commingling” and prescribing business practices
Status: in_force

1. Money deposited in escrow is not subject to execution or attachment on any claim against the title insurer, title agent or escrow officer.

2. A title insurer, title agent or escrow officer shall not knowingly keep or cause to be kept any money in any bank, credit union or other financial institution under any name designating the money as belonging to the clients of the title insurer, title agent or escrow officer or those of another such person unless the money was actually entrusted to the title insurer, title agent or escrow officer for deposit in escrow.

3. All money deposited in escrow to be delivered upon the close of the escrow or upon any other contingency must be kept separate from money belonging to the title insurer, title agent or escrow officer and must be deposited in a financial institution that is federally insured or insured by a private insurer approved pursuant to NRS 672.755 unless another financial institution has been designated in writing in the instructions for the escrow. The money when deposited must be designated as “trust funds” or “escrow accounts” or under some other appropriate name indicating that the money is not the money of the title insurer, title agent or escrow officer.

4. The Commissioner shall adopt regulations defining the term “commingling” for the purposes of this chapter and prescribing acceptable business practices for title agents and escrow officers for handling money deposited in escrow.
Nev. Rev. Stat. § 695B.181 — NV Code / Title 57 / Chapter 695B / Section 695B.181
Provision in contract requiring binding arbitration authorized; procedures for arbitration; declaratory relief
Status: in_force

1. Except as otherwise provided in NRS 695B.182 and subject to the approval of the Commissioner, any contract which is authorized pursuant to this chapter may include a provision which requires the parties to the contract to submit for binding arbitration any dispute between the parties concerning any matter directly or indirectly related to, or associated with, the contract. If such a provision is included in the contract: (a) A person who elects to be covered by the contract must be given the opportunity to decline to participate in binding arbitration at the time the person elects to be covered by the contract. (b) It must clearly state that the parties to the contract who have not declined to participate in binding arbitration agree to forego their right to resolve any such dispute in a court of law or equity.

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

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

4. If a provision described in subsection 1 is included in a contract, the provision shall not be deemed unenforceable as an unreasonable contract of adhesion if the provision is included in compliance with the provisions of subsection 1.
Nev. Rev. Stat. § 681A.2145 — NV Code / Title 57 / Chapter 681A / Section 681A.2145
Procedure for denying statement credit or imposing requirement to post security
Status: in_force

Before denying statement credit or imposing a requirement to post security with respect to NRS 681A.214 or adopting any similar requirement that will have substantially the same regulatory impact as security, the Commissioner:

1. Shall notify the ceding insurer, the assuming insurer and the assuming insurer's supervisory authority that the assuming insurer no longer satisfies one of the conditions set forth in NRS 681A.211 to 681A.2125 , inclusive;

2. Shall provide the assuming insurer with 30 days from the notice provided pursuant to subsection 1 to submit a plan to remedy the defect, and 90 days from the notice provided pursuant to subsection 1 to remedy the defect, except in exceptional circumstances determined by the Commissioner in which a shorter period is necessary for policyholder and other consumer protection;

3. After the expiration of 90 days or less, as specified in subsection 2, if the Commissioner determines that no or insufficient action was taken by the assuming insurer, may impose additional requirements upon the assuming insurer as determined by the Commissioner to be appropriate; and

4. Shall, if applicable, provide a written explanation to the assuming insurer of any additional requirements imposed pursuant to subsection 3.
Nev. Rev. Stat. § 695A.1844 — NV Code / Title 57 / Chapter 695A / Section 695A.1844
Coverage for testing, treatment and prevention of sexually transmitted diseases required; coverage for condoms for certain insureds required
Status: in_force

1. A society that offers or issues a benefit contract shall include in the contract: (a) Coverage of testing for and the treatment 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 695A.1843 and 695A.1856 . (b) Unrestricted coverage of condoms for insureds who are 13 years of age or older.

2. 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 contract that conflicts with the provisions of this section is void.
Nev. Rev. Stat. § 689A.717 — NV Code / Title 57 / Chapter 689A / Section 689A.717
Individual health benefit plan covering maternity care and pediatric care: Requirement to allow minimum stay in hospital in connection with childbirth; prohibited acts
Status: in_force

1. Except as otherwise provided in this subsection, an individual health benefit plan issued pursuant to this chapter that includes coverage for maternity care and pediatric care for newborn infants may not restrict benefits for any length of stay in a hospital in connection with childbirth for a pregnant or postpartum individual or newborn infant covered by the plan to: (a) Less than 48 hours after a normal vaginal delivery; and (b) Less than 96 hours after a cesarean section. If a different length of stay is provided in the guidelines established by the American College of Obstetricians and Gynecologists, or its successor organization, and the American Academy of Pediatrics, or its successor organization, the individual health benefit plan may follow such guidelines in lieu of following the length of stay set forth above. The provisions of this subsection do not apply to any individual health benefit plan in any case in which the decision to discharge the pregnant or postpartum individual or newborn infant before the expiration of the minimum length of stay set forth in this subsection is made by the attending physician of the pregnant or postpartum individual or newborn infant.

2. Nothing in this section requires a pregnant or postpartum individual to: (a) Deliver the baby in a hospital; or (b) Stay in a hospital for a fixed period following the birth of the child.

3. An individual health benefit plan that offers coverage for maternity care and pediatric care of newborn infants may not: (a) Deny a pregnant or postpartum individual or the newborn infant coverage or continued coverage under the terms of the plan or coverage if the sole purpose of the denial of coverage or continued coverage is to avoid the requirements of this section; (b) Provide monetary payments or rebates to a pregnant or postpartum individual to encourage the individual to accept less than the minimum protection available pursuant to this section; (c) Penalize, or otherwise reduce or limit, the reimbursement of an attending provider of health care because the attending provider of health care provided care to a pregnant or postpartum individual or newborn infant in accordance with the provisions of this section; (d) Provide incentives of any kind to an attending physician to induce the attending physician to provide care to a pregnant or postpartum individual or newborn infant in a manner that is inconsistent with the provisions of this section; or (e) Except as otherwise provided in subsection 4, restrict benefits for any portion of a hospital stay required pursuant to the provisions of this section in a manner that is less favorable than the benefits provided for any preceding portion of that stay.

4. Nothing in this section: (a) Prohibits an individual health benefit plan from imposing a deductible, coinsurance or other mechanism for sharing costs relating to benefits for hospital stays in connection with childbirth for a pregnant or postpartum individual or newborn child covered by the plan, except that such coinsurance or other mechanism for sharing costs for any portion of a hospital stay required by this section may not be greater than the coinsurance or other mechanism for any preceding portion of that stay. (b) Prohibits an arrangement for payment between an individual health benefit plan and a provider of health care that uses capitation or other financial incentives, if the arrangement is designed to provide services efficiently and consistently in the best interest of the pregnant or postpartum individual and the newborn infant. (c) Prevents an individual health benefit plan from negotiating with a provider of health care concerning the level and type of reimbursement to be provided in accordance with this section.
Nev. Rev. Stat. § 682A.037 — NV Code / Title 57 / Chapter 682A / Section 682A.037
“Class one money market mutual fund” defined
Status: in_force

“ Class one money market mutual fund ” means a money market mutual fund that at all times qualifies for investment using the bond class one reserve factor under the Purposes and Procedures Manual of the SVO.
Nev. Rev. Stat. § 686B.350 — NV Code / Title 57 / Chapter 686B / Section 686B.350
Conversion into domestic mutual insurer or domestic reciprocal insurer: Filing and contents of notice of intent to qualify
Status: in_force

1. An essential insurance association shall, if requested to do so by the Commissioner, file a notice of intent to qualify as a domestic mutual insurer or a domestic reciprocal insurer. In the absence of a request by the Commissioner, an essential insurance association may file such a notice at such time as the association determines appropriate.

2. The notice must be filed with the Commissioner at least 4 months before the date the association is to become a domestic mutual insurer or a domestic reciprocal insurer and must include: (a) An application prepared pursuant to chapter 680A of NRS for a certificate of authority to transact business in Nevada as a domestic mutual insurer or a domestic reciprocal insurer; (b) A valuation of the policyholder's surplus according to both market and amortized value based on the association's annual financial statement for the previous year; and (c) A provision for the return of any unused portion of the insured's capital stabilization charges.
Nev. Rev. Stat. § 690C.170 — NV Code / Title 57 / Chapter 690C / Section 690C.170
Financial security: Requirements; limitation on use of money in reserve account; effect of failure to maintain
Status: in_force

1. To be issued a certificate of registration, a provider must comply with one of the following to provide for financial security: (a) Purchase a contractual liability insurance policy which insures the obligations of each service contract the provider issues, sells or offers for sale. The contractual liability insurance policy must: (1) Be issued by an insurer which is licensed, registered or otherwise authorized to transact insurance in this state or pursuant to the provisions of chapter 685A of NRS . (2) Contain a provision prohibiting the insurer from terminating the policy until a notice of termination has been mailed or delivered to the Commissioner at least 60 days prior to the termination of the policy. Any such termination shall not reduce the responsibility of the insurer for service contracts issued by the provider prior to the effective date of termination. (b) Maintain a reserve account in this State and deposit with the Commissioner security as provided in this subsection. The reserve account must contain at all times an amount of money equal to at least 40 percent of the unearned gross consideration received by the provider for any unexpired service contracts. The reserve account must be kept separate from the operating accounts of the provider and must be clearly identified as the “ (Provider's Name) Nevada Service Contracts Funded Reserve Account.” The Commissioner may examine the reserve account at any time. The provider shall also deposit with the Commissioner security in an amount that is equal to $25,000 or 10 percent of the unearned gross consideration received by the provider for any unexpired service contracts, whichever is greater. The security must be: (1) A surety bond issued by a surety company authorized to do business in this State; (2) Securities of the type eligible for deposit pursuant to NRS 682B.030 ; (3) Cash; (4) An irrevocable letter of credit issued by a financial institution approved by the Commissioner; or (5) In any other form prescribed by the Commissioner. (c) Maintain, or be a subsidiary of a parent company that maintains, a net worth or stockholders’ equity of at least $100,000,000. Upon request, a provider shall provide to the Commissioner a copy of the most recent Form 10-K report or Form 20-F report filed by the provider or parent company of the provider with the Securities and Exchange Commission within the previous year. If the provider or parent company is not required to file those reports with the Securities and Exchange Commission, the provider shall provide to the Commissioner a copy of the most recently audited financial statements of the provider or parent company. If the net worth or stockholders’ equity of the parent company of the provider is used to comply with the requirements of this subsection, the parent company must guarantee to carry out the duties of the provider under any service contract issued or sold by the provider.

2. A provider shall not use any money in a reserve account described in paragraph (b) of subsection 1 for any purpose other than to pay an obligation of the provider under an unexpired service contract.

3. A provider shall maintain the financial security required by subsection 1 until: (a) The provider ceases doing business in this State; and (b) The provider has performed or otherwise satisfied all liabilities and obligations under all unexpired service contracts issued by the provider.

4. If the certificate of registration of a provider has not expired and the provider fails to maintain the financial security required by subsection 1, including, without limitation, if the financial security is cancelled or lapses, the provider shall not issue or sell a service contract on or after the effective date of such failure until the provider submits to the Commissioner proof satisfactory to the Commissioner that the provider is in compliance with subsection 1.
Nev. Rev. Stat. § 682B.050 — NV Code / Title 57 / Chapter 682B / Section 682B.050
Custodial arrangements
Status: in_force

1. In lieu of a deposit made as provided in NRS 682B.040 , the Commissioner in his or her discretion may, upon written request of the insurer and where of greater convenience to the insurer, permit such deposit to be made with and held by the trust department of an established bank or credit union located in Nevada if both the bank or credit union and the custodial arrangements are approved by the Commissioner.

2. All such custodial arrangements shall comply in substance with the requirements of this Code as to like deposits through the Commissioner, as to amount, purposes, maintenance, replenishment, release and withdrawal, and as to the rights of the insurer therein.

3. The cost of any such custodianship shall be borne by the insurer. The State of Nevada shall have no responsibility for the safekeeping of any such deposit.

4. The Commissioner may at any time, in his or her discretion, terminate any such custodial arrangement and require the deposit represented thereby to be made as otherwise provided for under NRS 682B.010 to 682B.120 , inclusive.
Nev. Rev. Stat. § 683A.0893 — NV Code / Title 57 / Chapter 683A / Section 683A.0893
Penalty for acting without certificate of registration
Status: in_force

Any person who acts as an administrator without having applied for and received from the Commissioner a certificate of registration as an administrator shall be fined not less than $300 nor more than $2,000.
Nev. Rev. Stat. § 686A.685 — NV Code / Title 57 / Chapter 686A / Section 686A.685
Insurer that uses credit information to provide reasonable exceptions in certain circumstances
Status: in_force

1. Notwithstanding any other law or regulation, an insurer that uses credit information shall, upon receipt of a written request from an applicant or policyholder, provide reasonable exceptions to the insurer's rates, rating classifications, company or tier placement, or underwriting rules or guidelines for an applicant or policyholder who has experienced and whose credit information has been directly influenced by any of the following: (a) A catastrophic event, as declared by the Federal or State Government; (b) A serious illness or injury, or a serious illness or injury to an immediate family member; (c) The death of a spouse, child or parent; (d) Divorce or involuntary interruption of legally-owed alimony or support payments; (e) Identify theft; (f) Temporary loss of employment for a period of 3 months or more, if it results from involuntary termination; (g) Military deployment overseas; or (h) Other events, as determined by the insurer.

2. If an applicant or policyholder submits a request for an exception as set forth in subsection 1, an insurer may, in its sole discretion: (a) Require the applicant or policyholder to provide reasonable written and independently verifiable documentation of the event; (b) Require the applicant or policyholder to demonstrate that the event had direct and meaningful impact on the credit information of the applicant or policyholder; (c) Require that such a request be made not more than 60 days after the date of the application for insurance or the policy renewal; (d) Grant an exception despite the applicant or policyholder not providing the initial request for an exception in writing; or (e) Grant an exception where the applicant or policyholder asks for consideration of repeated events or the insurer has considered this event previously.

3. An insurer is not out of compliance with any law or rule relating to underwriting, rating or rate filing as a result of granting an exception under this section. Nothing in this section shall be construed to provide an applicant or policyholder with a cause of action that does not exist in the absence of this section.

4. The insurer shall provide notice to each applicant and policyholder that reasonable exceptions are available and include information about how the applicant or policyholder may inquire further about such exceptions.

5. Within 30 days after the insurer's receipt of sufficient documentation of an event described in subsection 1, the insurer shall inform the applicant or policyholder of the outcome of the request for a reasonable exception. Such communication must be in writing or provided to the applicant or policyholder in the same medium as the request.

6. The Commissioner may adopt regulations to carry out the provisions of this section.
Nev. Rev. Stat. § 692C.353 — NV Code / Title 57 / Chapter 692C / Section 692C.353
Requirements for exempt insurer no longer qualified for exemption
Status: in_force

If an insurer that qualifies for an exemption pursuant to NRS 692C.352 subsequently no longer qualifies for that exemption as a result of changes in premium as reflected in the insurer's most recent annual statement, or in the most recent annual statements of the insurers within the insurance group of which the insurer is a member, the insurer shall have 1 year after the date on which the threshold is exceeded to comply with the requirements of NRS 692C.351 to 692C.3548 , inclusive.
Nev. Rev. Stat. § 689A.105 — NV Code / Title 57 / Chapter 689A / Section 689A.105
Claim forms: Uniform billing and claims forms
Status: in_force

Every insurer under a 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. § 697.260 — NV Code / Title 57 / Chapter 697 / Section 697.260
Bail solicitors: Prohibition on concurrent employment with bail agents; responsibility of bail agent for bail solicitors within scope of employment; office; custody of license
Status: in_force

1. A bail solicitor shall not concurrently be employed or licensed as to more than one bail agent.

2. The bail agent is responsible for the acts or omissions of the bail solicitors within the scope of his or her employment.

3. The bail solicitor shall maintain his or her office with that of the bail agent with whom the bail solicitor is employed.

4. The bail solicitor's license must remain in the custody of the bail agent with whom the bail solicitor is employed. Upon termination of such employment as a bail solicitor, the bail agent shall give written notice thereof to the Commissioner, as provided in NRS 697.250 , and deliver the license to the commissioner for cancellation.
Nev. Rev. Stat. § 682A.460 — NV Code / Title 57 / Chapter 682A / Section 682A.460
Policy loans
Status: in_force

A life insurer may lend to a policyholder on the security of the cash surrender value of the policyholder's policy a sum not exceeding the legal reserve that the insurer is required to maintain on the policy.
Nev. Rev. Stat. § 696B.330 — NV Code / Title 57 / Chapter 696B / Section 696B.330
Claims: Form; date for filing; approval or denial by receiver; notice and report regarding determinations; objections; hearing; order
Status: in_force

1. All claims against an insurer against which delinquency proceedings have commenced must be filed in the manner and form established by the receiver and set forth in reasonable detail the amount of the claim, or the basis upon which that amount can be ascertained, the facts upon which the claim is based, and the priorities asserted, if any. All such claims must be verified by the affidavit of the claimant, or someone authorized to act on the behalf of the claimant and having knowledge of the facts, and be supported by such documents as may be material thereto.

2. All claims filed in this State must be filed with the receiver, whether domiciliary or ancillary, in this State, on or before the last date for filing as specified in this chapter or as directed by the court.

3. Except as otherwise provided in subsection 4, after the last date for filing a claim against an insurer as specified in this chapter, the receiver shall: (a) Determine whether to approve or deny, in whole or in part, each claim against the insurer filed with the receiver pursuant to subsection 2; and (b) If the receiver approves a claim, in whole or in part, determine the class of the claim as provided in NRS 696B.420 .

4. The receiver is not required to process any claims in a class until it appears that assets will be available for distribution to that class. If there are insufficient assets to process claims for a class, the receiver shall notify the court and may make a recommendation to the court for the processing of any such claims.

5. The receiver shall mail, by first-class mail, postage prepaid, to each claimant that filed a claim with the receiver pursuant to subsection 2, written notice of the determination regarding the claim.

6. The receiver shall submit to the court a report on the determination of the receiver on each claim approved in whole or in part.

7. Not more than 60 days after the mailing of the written notice pursuant to subsection 5 or the submission of the report pursuant to subsection 6, whichever occurs later, a person may file with the receiver an objection to the determination of the receiver on a claim.

8. If an objection is filed pursuant to subsection 7, the receiver shall submit to the court a report on the determination of the receiver on each claim to which an objection has been filed. The court shall fix a time for a hearing on such claims and shall direct the receiver to give notice of the hearing. The notice provided by the receiver must: (a) Be sent to the claimant by first-class mail, postage prepaid, not more than 30 days and not less than 10 days before the hearing, on any claim to which an objection has been filed; and (b) Specify the time and place of the hearing.

9. A hearing may be conducted by the court or by a master or referee appointed by the court. If a hearing is conducted by a master or referee, the master or referee shall submit findings of fact and recommendations to the court. The court shall enter an order approving or denying, in whole or in part, a claim filed against an insurer. Any such order is an appealable order.
Nev. Rev. Stat. § 682A.570 — NV Code / Title 57 / Chapter 682A / Section 682A.570
Limited exemption from certain restrictions on investments
Status: in_force

An insurer may acquire investments, or engage in investment practices, in accordance with the provisions of this section and NRS 682A.572 , of any kind that are not specifically prohibited by this chapter, or engage in investment practices, without regard to any limitation in NRS 682A.512 to 682A.558 , inclusive, but an insurer shall not acquire an investment or engage in an investment practice in accordance with the provisions of this section and NRS 682A.572 if, as a result of and after giving effect to the transaction, the aggregate amount of the investments held by the insurer in accordance with the provisions of this section and NRS 682A.572 would exceed the greater of:

1. Its unrestricted surplus; or

2. The lesser of: (a) Ten percent of its admitted assets; or (b) Fifty percent of its surplus as regards policy holders.
Nev. Rev. Stat. § 683A.172 — NV Code / Title 57 / Chapter 683A / Section 683A.172
“Covered person” defined
Status: in_force

“ Covered person ” means a person who is covered by a pharmacy benefits plan.
Nev. Rev. Stat. § 695C.310 — NV Code / Title 57 / Chapter 695C / Section 695C.310
Examinations by Commissioner: Affairs of and compliance program used by health maintenance organization; submission of books and records; assessment of expenses; exception
Status: in_force

1. The Commissioner shall make an examination of the affairs of any health maintenance organization and providers with whom such organization has contracts, agreements or other arrangements pursuant to its health care plan as often as the Commissioner deems it necessary for the protection of the interests of the people of this State, but not less frequently than once every 3 years.

2. The Commissioner shall make an examination concerning any compliance program used by a health maintenance organization and any report, as determined to be appropriate by the Commissioner, regarding the health maintenance organization produced by an organization which examines best practices in the insurance industry. The Commissioner shall make such an examination as often as the Commissioner deems it necessary for the protection of the interests of the people of this State, but not less frequently than once every 3 years.

3. In making an examination pursuant to subsection 1 or 2, the Commissioner: (a) Shall determine whether the health maintenance organization is in compliance with this Code, including, without limitation, whether any relationship or transaction between the health maintenance organization and any other health maintenance organization is in compliance with this Code; and (b) May examine any account, record, document or transaction of any health maintenance organization or any provider which relates to: (1) Compliance with this Code by the health maintenance organization which is the subject of the examination; (2) Any relationship or transaction between the health maintenance organization which is the subject of the examination and any other health maintenance organization; or (3) Any relationship or transaction between the health maintenance organization which is the subject of the examination and any provider.

4. Except as otherwise provided in this subsection, for the purposes of an examination pursuant to subsection 1 or 2, each health maintenance organization and provider shall, upon the request of the Commissioner or an examiner designated by the Commissioner, submit its books and records relating to any applicable health care plan to the Commissioner or the examiner, as applicable. Medical records of natural persons and records of physicians providing service pursuant to a contract with a health maintenance organization are not subject to such examination, although the records, except privileged medical information, are subject to subpoena upon a showing of good cause. For the purpose of examinations, the Commissioner may administer oaths to and examine the officers and agents of a health maintenance organization and the principals of providers concerning their business.

5. The expenses of examinations pursuant to this section must be assessed, billed and paid in accordance with the provisions of NRS 679B.290 .

6. In lieu of an examination pursuant to this section, the Commissioner may accept the report of an examination made by the insurance commissioner of another state or an applicable regulatory agency of another state.
Nev. Rev. Stat. § 687B.450 — NV Code / Title 57 / Chapter 687B / Section 687B.450
Required medical examination of applicant or insured: Duty of insurer to provide notification of potentially serious medical condition; exception; regulations
Status: in_force

1. Except as otherwise provided in this subsection, if an insurer requires a medical examination of an applicant or an insured before the issuance, renewal, reinstatement or reevaluation of the terms of any policy or certificate of insurance or annuity contract, the insurer shall: (a) If the applicant or insured has a primary care physician, notify: (1) The physician of any potentially serious medical condition that is detected as a result of that medical examination; and (2) The applicant or insured: (I) Of any potentially serious medical condition that is detected as a result of that medical examination; and (II) That the primary care physician of the applicant or insured has also been notified of any potentially serious medical condition detected as a result of that medical examination. (b) If the applicant or insured does not have a primary care physician, notify the applicant or insured of any potentially serious medical condition that is detected as a result of that medical examination. Any notice required pursuant to this section must be sent by registered or certified mail not later than 30 days after the date on which the potentially serious medical condition is detected. If the applicant or insured is under the age of 18 years, any notice required pursuant to this section must not be sent to the applicant or insured, but instead must be sent to a parent or legal guardian of the applicant or insured.

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

3. The provisions of this section do not apply to a policy of workers' compensation insurance or industrial insurance.

4. As used in this section, “ potentially serious medical condition ” includes, without limitation, any medical condition that: (a) Is life-threatening or potentially life-threatening if it is not treated immediately or is not closely monitored; or (b) Causes the insurer to refuse to issue, renew, reinstate or reevaluate the terms of a policy or certificate of insurance or annuity contract.
Nev. Rev. Stat. § 688C.030 — NV Code / Title 57 / Chapter 688C / Section 688C.030
“Broker of viatical settlements” defined
Status: in_force

“ Broker of viatical settlements ” means a person who on behalf of a viator and for a fee, commission or other valuable consideration offers or attempts to negotiate a viatical settlement between the viator and one or more providers or brokers of viatical settlements. The term does not include an attorney at law, certified public accountant or financial planner accredited by a nationally recognized accrediting agency who is retained by the viator and whose compensation is not paid by a provider or purchaser of viatical settlements.
Nev. Rev. Stat. § 689B.069 — NV Code / Title 57 / Chapter 689B / Section 689B.069
Insurer prohibited from requiring or using information concerning genetic testing; exceptions
Status: in_force

1. Except as otherwise provided in subsection 2, an insurer who provides group health insurance shall not: (a) Require an insured person or any member of the family of the insured person to take a genetic test; (b) Require an insured person to disclose whether the insured person or any member of the family of the insured person has taken a genetic test or any genetic information of the insured person or a member of the family of the insured person; or (c) Determine the rates or any other aspect of the coverage or benefits for health care provided to an insured person based on whether the insured person or any member of the family of the insured person has taken a genetic test.

2. The provisions of this section do not apply to an insurer who issues a policy of group health insurance that provides coverage for long-term care or disability income.

3. As used in this section: (a) “ Genetic information ” means any information that is obtained from a genetic test. (b) “ Genetic test ” means a test, including a laboratory test that uses deoxyribonucleic acid extracted from the cells of a person or a diagnostic test, to determine the presence of abnormalities or deficiencies, including carrier status, that: (1) Are linked to physical or mental disorders or impairments; or (2) Indicate a susceptibility to illness, disease, impairment or any other disorder, whether physical or mental.
Nev. Rev. Stat. § 697.320 — NV Code / Title 57 / Chapter 697 / Section 697.320
Bail transaction: Collateral; limitations on transfer of collateral; fiduciary capacity; requirements for receiving title to real property as collateral; return of excess collateral; written receipt for collateral upon acceptance
Status: in_force

1. A bail agent may accept collateral security in connection with a bail transaction if the collateral security is reasonable in relation to the face amount of the bond. The bail agent shall not transfer the collateral to any person other than a bail agent licensed pursuant to this chapter or a surety insurer holding a valid certificate of authority issued by the Commissioner. The collateral must not be transported or otherwise removed from this state. Any person who receives the collateral: (a) Shall be deemed to hold the collateral in a fiduciary capacity to the same extent as a bail agent; and (b) Shall retain, return and otherwise possess the collateral in accordance with the provisions of this chapter.

2. The collateral security must be received by the bail agent in his or her fiduciary capacity, and before any forfeiture of bail must be kept separate and apart from any other funds or assets of the licensee. Any collateral received must be returned to the person who deposited it with the bail agent or any assignee other than the bail agent as soon as the obligation, the satisfaction of which was secured by the collateral, is discharged and all fees owed to the bail agent have been paid. The bail agent or any surety insurer having custody of the collateral shall, immediately after the bail agent or surety insurer receives a request for return of the collateral from the person who deposited the collateral, determine whether the bail agent or surety insurer has received notice that the obligation is discharged. If the collateral is deposited to secure the obligation of a bond, it must be returned immediately after receipt of the request for return of the collateral and notice of the entry of any order by an authorized official by virtue of which liability under the bond is terminated or upon payment of all fees owed to the bail agent, whichever is later. A certified copy of the minute order from the court wherein the bail or undertaking was ordered exonerated shall be deemed prima facie evidence of exoneration or termination of liability.

3. If a bail agent receives as collateral in a bail transaction, whether on the bail agent’s or another person's behalf, any document conveying title to real property, the bail agent shall not accept the document unless it indicates on its face that it is executed as part of a security transaction. If the document is recorded, the bail agent or any surety insurer having possession of the document shall, immediately after the bail agent or surety insurer receives a request for return of the collateral from the person who executed the document: (a) Determine whether the bail agent or surety insurer has received notice that the obligation for which the document was accepted is discharged; and (b) If the obligation has been discharged, reconvey the real property by delivering a deed or other document of conveyance to the person or to the heirs of the person, legal representative or successor in interest. The deed or other document of conveyance must be prepared in such a manner that it may be recorded.

4. If the amount of any collateral received in a bail transaction exceeds the amount of any bail forfeited by the defendant for whom the collateral was accepted, the bail agent or any surety insurer having custody of the collateral shall, immediately after the bail is forfeited, return to the person who deposited the collateral the amount by which the collateral exceeds the amount of the bail forfeited. Any collateral returned to a person pursuant to this subsection is subject to a claim for fees, if any, owed to the bail agent returning the collateral.

5. If a bail agent accepts collateral, the bail agent shall give a written receipt for the collateral. The receipt must include in detail a full account of the collateral received.
Nev. Rev. Stat. § 686A.230 — NV Code / Title 57 / Chapter 686A / Section 686A.230
Illegal dealing in premiums; excess charges for insurance; regulations related to fees of broker, consultant or financial planner; written contract for consultation
Status: in_force

1. A person shall not willfully collect any sum as a premium or charge for insurance which is not then provided or is not in due course to be provided, subject to acceptance of the risk by the insurer, by an insurance policy issued by an insurer as authorized by this Code.

2. Except as otherwise provided in subsection 3, a person shall not willfully collect as a premium or charge for insurance any sum in excess of the premium or charge applicable to the insurance and as specified in the policy, in accordance with the applicable classifications and rates as filed with and approved by the Commissioner. In cases where classifications, premiums or rates are not required by this Code to be so filed and approved, the premiums and charges must not be in excess of those specified in the policy and as fixed by the insurer. This subsection does not prohibit: (a) The charging and collection by surplus lines brokers licensed under chapter 685A of NRS of the amount permitted by chapter 685A of NRS and regulations adopted by the Commissioner. (b) The charging and collection by a life insurer of amounts actually to be expended for the medical examination of any applicant for life insurance or for reinstatement of a life insurance policy.

3. The Commissioner may adopt regulations to allow the charging and collection of a fee by an insurance broker, consultant or financial planner: (a) In lieu of any other charge or commission for solicitation, negotiation or procurement of a policy of insurance which covers commercial or business risks; (b) For consultation or any related advice on the insuring of commercial or business risks which does not result in the procurement of a policy of insurance; and (c) For consultation or related advice on the purchase of individual or group life or health insurance or an individual or group annuity, whether or not it results in the purchase of a policy of insurance or annuity. In such a case, the fee must be set forth in a written contract signed by the client before the consultation begins.

4. An agent or broker who provides consultation or related advice pursuant to this section shall do so pursuant to a written contract specifying the compensation the agent or broker will receive. The compensation may be in addition to or in lieu of a commission and is not a premium as defined in NRS 679A.115 .
Nev. Rev. Stat. § 695H.050 — NV Code / Title 57 / Chapter 695H / Section 695H.050
“Medical discount plan” defined
Status: in_force

“ Medical discount plan ” means a business arrangement or program evidenced by a membership agreement, contract, card, certificate, device or mechanism in which a person, in exchange for fees, dues, charges or any other form of consideration, offers to provide or provides health care or medical services at a discount from providers of health care who are participating in the business arrangement or program or whom the person advertises as or claims to be participating in the business arrangement or program.
Nev. Rev. Stat. § 689B.033 — NV Code / Title 57 / Chapter 689B / Section 689B.033
Certain policies covering family members required to include certain coverage for insured’s newly born and adopted children and children placed with insured for adoption
Status: in_force

1. All group health insurance policies providing coverage on an expense-incurred basis and all employee welfare plans providing medical, surgical or hospital care or benefits established or maintained for employees or their families or dependents, or for both, must as to the family members' coverage provide that the health benefits applicable for children are payable with respect to: (a) A newly born child of the insured from the moment of birth; (b) An adopted child from the date the adoption becomes effective, if the child was not placed in the home before adoption; and (c) A child placed with the insured for the purpose of adoption from the moment of placement as certified by the public or private agency making the placement. The coverage of such a child ceases if the adoption proceedings are terminated as certified by the public or private agency making the placement. The policies must provide the coverage specified in subsection 3 and must not exclude premature births.

2. The policy or contract may require that notification of: (a) The birth of a newly born child; (b) The effective date of adoption of a child; or (c) The date of placement of a child for adoption, and payments of the required premium or fees, if any, must be furnished to the insurer or welfare plan within 31 days after the date of birth, adoption or placement for adoption in order to have the coverage continue beyond the 31-day period.

3. The coverage for newly born and adopted children and children placed for adoption consists of coverage of injury or sickness, including the necessary care and treatment of medically diagnosed congenital defects and birth abnormalities and, within the limits of the policy, necessary transportation costs from place of birth to the nearest specialized treatment center under major medical policies, and with respect to basic policies to the extent such costs are charged by the treatment center.
Nev. Rev. Stat. § 689C.125 — NV Code / Title 57 / Chapter 689C / Section 689C.125
Rating factors for determining premiums; rating periods
Status: in_force

1. A carrier serving small employers shall apply rating factors consistently with respect to all small employers. Rating factors must produce premiums for identical groups that differ only by the amounts attributable to the design of the plans and the terms of the coverage and do not reflect differences based on the nature of the groups that will select particular health benefit plans. As used in this subsection, “ premium ” means all money paid by a small employer and eligible employees to a carrier as a condition of receiving coverage from a carrier, including any fees or other contributions associated with the health benefit plan.

2. A carrier serving small employers shall treat all health benefit plans issued or renewed in the same calendar month as having the same rating period, if the terms of coverage provided in the plans are the same.
Nev. Rev. Stat. § 683A.0891 — NV Code / Title 57 / Chapter 683A / Section 683A.0891
Penalty for failure of administrator to comply with certain requirements for electronic maintenance, transmittal and exchange of health information
Status: in_force

1. If the Commissioner receives notification from the Department of Health and Human Services pursuant to NRS 439.5895 that an administrator is not in compliance with the requirements of subsection 4 of NRS 439.589 , the Commissioner may, after notice and the opportunity for a hearing in accordance with the provisions of this chapter, require corrective action or impose an administrative fine in the amount prescribed by NRS 683A.461 .

2. The Commissioner shall not suspend or revoke the certificate of registration of an administrator for failure to comply with the requirements of subsection 4 of NRS 439.589 .
Nev. Rev. Stat. § 695K.040 — NV Code / Title 57 / Chapter 695K / Section 695K.040
“Commissioner” defined
Status: in_force

<Section effective Jan. 1, 2026.>

“ Commissioner ” means the Commissioner of Insurance.
Nev. Rev. Stat. § 685A.150 — NV Code / Title 57 / Chapter 685A / Section 685A.150
Broker authorized to accept business from licensed producer of insurance; compensation
Status: in_force

A licensed surplus lines broker may accept surplus lines business from any producer of insurance licensed in this state for the kind of insurance involved and may compensate the producer of insurance therefor.
Nev. Rev. Stat. § 690A.273 — NV Code / Title 57 / Chapter 690A / Section 690A.273
Authority for creditor as agent of insurer to carry out duty imposed on insurer
Status: in_force

Except as otherwise prohibited by law, any duty imposed on an insurer pursuant to this chapter may be carried out by a creditor who is acting as an agent of the insurer.
Nev. Rev. Stat. § 689A.450 — NV Code / Title 57 / Chapter 689A / Section 689A.450
Certain accommodations required to be made when child is covered under policy of noncustodial parent
Status: in_force

If a child has coverage under a policy of health insurance pursuant to which a noncustodial parent of the child is insured, the insurer issuing that policy shall:

1. Provide to the custodial parent such information as necessary for the child to obtain any benefits under that coverage.

2. Allow the custodial parent or, with the approval of the custodial parent, a provider of health care to submit claims for covered services without the approval of the noncustodial parent.

3. Make payments on claims submitted pursuant to subsection 2 directly to the custodial parent, the provider of health care or an agency of this or another state responsible for the administration of Medicaid.
Nev. Rev. Stat. § 687B.645 — NV Code / Title 57 / Chapter 687B / Section 687B.645
“Network plan” defined
Status: in_force

“ Network plan ” means a health benefit plan offered or issued by a health carrier under which the financing and delivery of health care services, including, without limitation, items and services paid for as health care services, are provided, in whole or in part, through a defined set of providers of health care under contract with the health carrier. The term does not include an arrangement for the financing of premiums.
Nev. Rev. Stat. § 683A.361 — NV Code / Title 57 / Chapter 683A / Section 683A.361
Payment, acceptance and assignment of commissions, brokerage, fees for service and other valuable considerations
Status: in_force

1. An insurer or a producer of insurance shall not pay a commission, brokerage, fee for service or other valuable consideration to a person for selling, soliciting or negotiating insurance in this State if the activities of the person require the person to be licensed under this title and the person is not so licensed.

2. A person shall not accept a commission, brokerage, fee for service or other valuable consideration for selling, soliciting or negotiating insurance in this State if the activities of the person require the person to be licensed under this title and the person is not so licensed.

3. Commissions for renewal and other deferred commissions may be paid to a person whose activities required the person to be licensed under this title at the time of the sale, solicitation or negotiation and the person was so licensed at that time.

4. An insurer or producer of insurance may pay or assign commissions, brokerage, fees for service or other valuable considerations to a person who does not sell, solicit or negotiate insurance in this State unless the payment would violate the provisions of NRS 686A.110 or 686A.120 .

5. An insurer shall not pay a commission, directly or indirectly, to a producer of insurance for selling, soliciting or negotiating insurance in this State unless the producer of insurance is appointed as an agent of the insurer as provided in NRS 683A.321 . This subsection does not apply to a broker for reinsurance or to business placed pursuant to subsection 3, NRS 683A.325 or 685A.155 , or contracts entered into pursuant to NRS 693A.110 which are approved by the Commissioner.

6. A producer of insurance shall not accept a commission from an insurer for selling, soliciting or negotiating insurance in this State unless the producer of insurance is appointed as an agent of the insurer as provided in NRS 683A.321 . This subsection does not apply to a broker for reinsurance or to business placed pursuant to subsection 3, NRS 683A.325 or 685A.155 , or contracts entered into pursuant to NRS 693A.110 which are approved by the Commissioner.

7. As used in this section, “ broker for reinsurance ” has the meaning ascribed to it in NRS 681A.280 .
Nev. Rev. Stat. § 695D.100 — NV Code / Title 57 / Chapter 695D / Section 695D.100
Regulations
Status: in_force

The Commissioner may adopt any regulations necessary to carry out the provisions of this chapter.
Nev. Rev. Stat. § 695B.1995 — NV Code / Title 57 / Chapter 695B / Section 695B.1995
Reimbursement to provider of medical transportation
Status: in_force

1. Except as otherwise provided in subsection 3, every contract for medical service amended, delivered or issued for delivery in this State after October 1, 1989, that provides coverage for medical transportation, must contain a provision for the direct reimbursement of a provider of medical transportation for covered services if that provider does not receive reimbursement from any other source.

2. The subscriber or the provider may submit the claim for reimbursement. The provider shall not demand payment from the subscriber until after that reimbursement has been granted or denied.

3. Subsection 1 does not apply to any agreement between a corporation for medical service and a provider of medical transportation for the direct payment by the corporation for the provider's services.
Nev. Rev. Stat. § 687B.240 — NV Code / Title 57 / Chapter 687B / Section 687B.240
Administration of claims not waiver
Status: in_force

Without limitation of any right or defense of an insurer otherwise, none of the following acts by or on behalf of an insurer shall be deemed to constitute a waiver of any provision of a policy or of any defense of the insurer thereunder:

1. Acknowledgment of the receipt of notice of loss or claim under the policy.

2. Furnishing forms for reporting a loss or claim, for giving information relative thereto, or for making proof of loss, or receiving or acknowledging receipt of any such forms or proofs completed or uncompleted.

3. Investigating any loss or claim under any policy or engaging in negotiations looking toward a possible settlement of any such loss or claim.
Nev. Rev. Stat. § 689A.042 — NV Code / Title 57 / Chapter 689A / Section 689A.042
Policy containing exclusion, reduction or limitation of coverage relating to complications of pregnancy prohibited; exception
Status: in_force

1. No health insurance policy may be delivered or issued for delivery in this state if it contains any exclusion, reduction or other limitation of coverage relating to complications of pregnancy, unless the provision applies generally to all benefits payable under the policy.

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

3. A policy subject to the provisions of this chapter which is delivered or issued for delivery on or after July 1, 1977, has the legal effect of including the coverage required by this section, and any provision of the policy which is in conflict with this section is void.
Nev. Rev. Stat. § 684A.130 — NV Code / Title 57 / Chapter 684A / Section 684A.130
Period of validity, expiration and renewal of license; fees; request for waiver; change of address; authority of Commissioner to contract for ministerial functions related to licensing; inapplicability of provisions to temporary licenses
Status: in_force

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

1. Each license issued or renewed under this chapter continues in force for 3 years unless it is suspended, revoked or otherwise terminated. A license may be renewed upon payment of all applicable fees for renewal to the Commissioner, completion of any other requirement for renewal of the license specified in this chapter and submission of the statement required pursuant to NRS 684A.143 if the licensee is a natural person. The statement, if required, must be submitted, all requirements must be completed and all applicable fees must be paid on or before the renewal date for the license.

2. Any license not so renewed expires on the renewal date. The Commissioner may accept a request for renewal received by the Commissioner within 30 days after the expiration of the license if the request is accompanied by: (a) A fee for renewal of 150 percent of all applicable fees otherwise required, except for any fee required pursuant to NRS 680C.110 and subsection 2 of NRS 684A.050 ; (b) If the person requesting renewal is a natural person, the statement required pursuant to NRS 684A.143 ; (c) Proof of successful completion of any requirement for an examination unless exempt pursuant to NRS 684A.105 ; and (d) If applicable, a request for a waiver of the time limit for renewal and of any fine or sanction otherwise required or imposed because of the failure of the licensee to renew his or her license because of military service, extended medical disability or other extenuating circumstance.

3. An adjuster who is unable to comply with the procedures and requirements to renew a license due to military service, long-term medical disability or some other extenuating circumstance may request waiver of same and a waiver of any requirement relating to an examination, fine or other sanction imposed for failure to comply with such procedures or requirements.

4. An adjuster shall inform the Commissioner by any means acceptable to the Commissioner of any change in the residence address or business address for the home state or in the legal name of the adjuster within 30 days of the change.

5. In order to assist in the performance of the duties of the Commissioner, the Commissioner may contract with nongovernmental entities, including, without limitation, the National Association of Insurance Commissioners or its affiliates or subsidiaries, to perform any ministerial function, including, without limitation, the collection of fees and data, related to licensing that the Commissioner may deem appropriate.

6. This section does not apply to temporary licenses issued under NRS 684A.150 .

7. As used in this section, “ renewal date ” means: (a) For the first renewal of the license, the last day of the month which is 3 years after the month in which the Commissioner originally issued the license. (b) For each renewal after the first renewal of the license, the last day of the month which is 3 years after the month in which the license was last due to be renewed.
Nev. Rev. Stat. § 695F.043 — NV Code / Title 57 / Chapter 695F / Section 695F.043
“Medicaid” defined
Status: in_force

“ 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.
Nev. Rev. Stat. § 686A.600 — NV Code / Title 57 / Chapter 686A / Section 686A.600
Definitions
Status: in_force

As used in NRS 686A.600 to 686A.730 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 686A.610 to 686A.660 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 689C.1679 — NV Code / Title 57 / Chapter 689C / Section 689C.1679
Plan covering prescription drugs: Required actions by carrier 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 carrier who has issued a health benefit plan which provides coverage for prescription drugs shall, notwithstanding any provision of the plan to the contrary: (a) Waive any provision of the health benefit plan 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. § 695C.200 — NV Code / Title 57 / Chapter 695C / Section 695C.200
Approval of forms and schedules
Status: in_force

The Commissioner shall within a reasonable period approve any form if the requirements of NRS 695C.170 are met. It is unlawful to issue such form or to use such schedule of charges until approved. If the Commissioner disapproves such filing, the Commissioner shall notify the filer. In the notice, the Commissioner shall specify the reasons for disapproval. A hearing will be granted within 90 days after a request in writing by the person filing.
Nev. Rev. Stat. § 686B.230 — NV Code / Title 57 / Chapter 686B / Section 686B.230
Nevada Essential Insurance Association: General powers
Status: in_force

1. The Nevada Essential Insurance Association has, for purposes of this section and to the extent approved by the Commissioner, the general powers and authority granted under the laws of this state to carriers licensed to transact the kinds of insurance defined in NRS 681A.020 to 681A.080 , inclusive.

2. The Association may take any necessary action to make available necessary insurance, including but not limited to, the following: (a) Assess participating insurers amounts necessary to pay the obligations of the Association, administration expenses, the cost of examinations and other expenses authorized by this chapter. The assessment of each member insurer for the kind or kinds of insurance designated in the plan must be in the proportion that the net direct written premiums of the member insurer for the preceding calendar year bear to the net direct written premiums of all member insurers for the preceding calendar year. A member insurer may not be assessed in any year an amount greater than 5 percent of his or her net direct written premiums for the preceding calendar year. Each member insurer must be allowed a premium tax credit at the rate of 20 percent per year for 5 successive years beginning on the first day of the calendar year after the calendar year in which the insurer pays the assessment pursuant to this subsection. (b) Enter into such contracts as are necessary or proper to carry out the provisions and purposes of this section. (c) Sue or be sued, including taking any legal action necessary to recover any assessments for, on behalf of or against participating carriers. (d) Investigate claims brought against the fund and adjust, compromise, settle and pay covered claims to the extent of the Association's obligation and deny all other claims. Process claims through its employees or through one or more member insurers or other persons designated as servicing facilities. Designation of a service facility is subject to the approval of the Commissioner, but such a designation may be declined by a member insurer. (e) Classify risks as may be applicable and equitable. (f) Establish appropriate rates, rate classifications and rating adjustments and file those rates with the Commissioner in accordance with this chapter. (g) Administer any type of reinsurance program for or on behalf of the Association or any participating carriers. (h) Pool risks among participating carriers. (i) Issue and market, through agents, policies of insurance providing the coverage required by this section in its own name or on behalf of participating carriers. (j) Administer separate pools, separate accounts or other plans as may be deemed appropriate for separate carriers or groups of carriers. (k) Invest, reinvest and administer all funds and moneys held by the Association. (l) Borrow funds needed by the Association to carry out the purposes of this section. (m) Develop, effectuate and promulgate any loss-prevention programs aimed at the best interests of the Association and the insuring public. (n) Operate and administer any combination of plans, pools, reinsurance arrangements or other mechanisms as deemed appropriate to best accomplish the fair and equitable operation of the Association for the purposes of making available essential insurance coverage.

3. In providing for the recoupment of a deficit of the Association, an option must be offered to an insured each policy year to pay a capital stabilization charge which must not exceed 100 percent of the premium charged to the insured in that year. The Board of Directors shall determine the amount of the charge from appropriate factors of loss experience and risk associated with the Association and the insured. An insured who pays the stabilization charge must not be required to pay any assessment to recoup a deficit of the Association incurred in any policy year for which the charge is paid. The Association's plan of operation must provide for the return to the insured of so much of the insured's payment as remains after all actual or potential liabilities under the policy have been discharged.
Nev. Rev. Stat. § 681B.220 — NV Code / Title 57 / Chapter 681B / Section 681B.220
Insurer required to submit annual opinion as to sufficiency of reserves and related actuarial items; exception; regulations; applicability
Status: in_force

1. Every such insurer, unless exempted by or pursuant to regulation, shall also annually submit an opinion of the same 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, when considered in light of the assets held by the insurer with respect to the reserves and related actuarial items, including the earnings on the assets invested and the considerations anticipated to be received and retained under the policies and contracts, make adequate provision for the insurer's obligations under the policies and contracts, including the benefits under and expenses associated with the policies and contracts.

2. The Commissioner may provide by regulation for a period of transition for establishing any higher reserves which the qualified actuary may deem necessary in order to render the opinion required by this section and NRS 681B.210 .

3. The holding of additional reserves determined by a qualified actuary to be necessary to render the opinion required by this section or NRS 681B.210 , shall not be deemed to be the adoption of a higher standard of valuation for the purposes of NRS 681B.120 or 681B.140 .

4. 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. § 684B.087 — NV Code / Title 57 / Chapter 684B / Section 684B.087
Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license
Status: in_force

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

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

2. The Commissioner shall reinstate a license as a motor vehicle physical damage appraiser that has been suspended by a district court pursuant to NRS 425.540 if the Commissioner receives a letter issued by the district attorney or other public agency pursuant to NRS 425.550 to the person whose license was suspended stating that the person whose license was suspended has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560 .
Nev. Rev. Stat. § 695H.140 — NV Code / Title 57 / Chapter 695H / Section 695H.140
Examinations and inspection of accounts, books and records by Commissioner
Status: in_force

1. Except as otherwise provided in this subsection, the Commissioner may conduct examinations to enforce the provisions of this chapter pursuant to the provisions of NRS 679B.230 to 679B.300 , inclusive, at such times as the Commissioner deems necessary. For the purposes of this chapter, the Commissioner is not required to comply with the requirement in NRS 679B.230 that insurers be examined not less frequently than every 5 years.

2. A person who is responsible for conducting the business activities of a medical discount plan shall, upon the request of the Commissioner, make available to the Commissioner for inspection any accounts, books and records concerning the medical discount plan which are reasonably necessary to enable the Commissioner to determine whether the medical discount plan is in compliance with the provisions of this chapter.
Nev. Rev. Stat. § 689A.046 — NV Code / Title 57 / Chapter 689A / Section 689A.046
Benefits for treatment of alcohol or substance use disorder required
Status: in_force

1. In addition to the benefits required by NRS 689A.0459 , the benefits provided by a policy for health insurance for treatment of alcohol or substance use disorder must include, without limitation: (a) Treatment for withdrawal from the physiological effect of alcohol or drugs, with a minimum benefit of $1,500 per calendar year. (b) Treatment for a patient admitted to a facility, with a minimum benefit of $9,000 per calendar year. (c) Counseling for a person, group or family who is not admitted to a facility, with a minimum benefit of $2,500 per calendar year.

2. Except as otherwise provided in NRS 687B.409 , these benefits must be paid in the same manner as benefits for any other illness covered by a similar policy are paid.

3. The insured person is entitled to these benefits if treatment is received in any: (a) Facility for the treatment of alcohol or substance use disorder which is certified by the Division of Public and Behavioral Health of the Department of Health and Human Services. (b) Hospital or other medical facility or facility for the dependent which is licensed by the Division of Public and Behavioral Health of the Department of Health and Human Services, accredited by The Joint Commission or CARF International and provides a program for the treatment of alcohol or substance use disorder as part of its accredited activities.
Nev. Rev. Stat. § 690C.010 — NV Code / Title 57 / Chapter 690C / Section 690C.010
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 690C.020 to 690C.080 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 691C.370 — NV Code / Title 57 / Chapter 691C / Section 691C.370
Report of credit personal property insurance by insurer: Filing; preparation
Status: in_force

Each year, not later than the date specified in the Instructions to the Annual Statement published by the National Association of Insurance Commissioners, an insurer doing business in this State shall file with the Commissioner and the National Association of Insurance Commissioners a report of credit personal property insurance written on the basis of a calendar year. The report must be prepared using the Credit Insurance Supplement-Annual Statement Blank approved by the National Association of Insurance Commissioners and must contain separate data for each state.
Nev. Rev. Stat. § 687B.060 — NV Code / Title 57 / Chapter 687B / Section 687B.060
Insurable interest: Property
Status: in_force

1. No contract of insurance of property or of any interest in property or arising from property shall be enforceable as to the insurance except for the benefit of persons having an insurable interest in the things insured as at the time of the loss.

2. “Insurable interest” as used in this section means any actual, lawful and substantial economic interest in the safety or preservation of the subject of the insurance free from loss, destruction or pecuniary damage or impairment.
Nev. Rev. Stat. § 695A.200 — NV Code / Title 57 / Chapter 695A / Section 695A.200
Nonforfeiture benefits, cash surrender values, certificate loans and other options
Status: in_force

1. A society may grant paid-up nonforfeiture benefits, cash surrender values, certificate loans and such other options as its laws may permit.

2. In the case of certificates for which reserves are computed on the Commissioners 1980 Standard Ordinary Mortality Table or such other table of mortality as may be specified by the society and approved by the Commissioner, every paid-up nonforfeiture benefit and the amount of any cash surrender value, loan or other option granted must not be less than the corresponding amount ascertained in accordance with the provisions of the laws of this state applicable to life insurance companies issuing policies containing like insurance benefits based upon those tables.
Nev. Rev. Stat. § 688B.110 — NV Code / Title 57 / Chapter 688B / Section 688B.110
Certificate: Provision to policyholder required; filing with Commissioner required for policies made under laws of another state in certain circumstances
Status: in_force

1. The group life policy shall contain a provision that the insurer will issue to the policyholder for delivery to each person insured a certificate setting forth a statement in summary form of the essential features of the insurance coverage of such employee or member, to whom benefits thereunder are payable, and the rights and conditions set forth in NRS 688B.120 , 688B.130 and 688B.140 . If dependents are included in the coverage, only one statement need be issued for each family unit.

2. The Commissioner may, in the discretion of the Commissioner, require the form of each such certificate proposed to be delivered in this state under a group policy not made under the laws of this state, to be filed with the Commissioner by the insurer for informational purposes only.
Nev. Rev. Stat. § 687B.110 — NV Code / Title 57 / Chapter 687B / Section 687B.110
Representations in applications
Status: in_force

All statements and descriptions in any application for an insurance policy or annuity contract, by or in behalf of the insured or annuitant, shall be deemed to be representations and not warranties. Misrepresentations, omissions, concealment of facts and incorrect statements shall not prevent a recovery under the policy or contract unless either:

1. Fraudulent;

2. Material either to the acceptance of the risk, or to the hazard assumed by the insurer; or

3. The insurer in good faith would either not have issued the policy or contract, or would not have issued it at the same premium rate, or would not have issued a policy or contract in as large an amount, or would not have provided coverage with respect to the hazard resulting in the loss, if the true facts had been made known to the insurer as required either by the application for the policy or contract or otherwise.
Nev. Rev. Stat. § 696C.050 — NV Code / Title 57 / Chapter 696C / Section 696C.050
Applicability
Status: in_force

The provisions of this chapter apply to:

1. All domestic insurers;

2. Any foreign insurer doing business in this State regarding whom an applicable official of the foreign insurer's state of domicile has requested that the Commissioner apply the provisions of this chapter to the foreign insurer;

3. All persons purporting to be an insurer, or in the process of organizing, or holding themselves out as organizing, or proposing to organize in this State for the purpose of becoming an insurer; and

4. All other persons to whom the provisions of this chapter are otherwise expressly made applicable by law.
Nev. Rev. Stat. § 696B.080 — NV Code / Title 57 / Chapter 696B / Section 696B.080
“Foreign country” defined
Status: in_force

“ Foreign country ” means territory not in any state.
Nev. Rev. Stat. § 695E.100 — NV Code / Title 57 / Chapter 695E / Section 695E.100
“Purchasing group” defined
Status: in_force

“Purchasing group” means any group which:

1. Has as one of its purposes the purchase of liability insurance on a group basis;

2. Purchases such insurance only for its members and only to cover their similar or related exposure to liability, as described in subsection 3;

3. Is composed of members whose businesses or activities are similar or related with respect to the liability to which they are exposed by virtue of any related, similar or common business, trade, product, services, premises or operations; and

4. Is domiciled in any state.
Nev. Rev. Stat. § 695A.027 — NV Code / Title 57 / Chapter 695A / Section 695A.027
“Order for medical coverage” defined
Status: in_force

“ Order for medical coverage ” means an order of a court or administrative tribunal to provide coverage under a certificate for health benefits to a child pursuant to the provisions of 42 U.S.C. § 1396g-1 .
Nev. Rev. Stat. § 695C.320 — NV Code / Title 57 / Chapter 695C / Section 695C.320
Rehabilitation, liquidation or conservation: Conduct
Status: in_force

Any rehabilitation, liquidation or conservation of a health maintenance organization shall be deemed to be the rehabilitation, liquidation or conservation of an insurance company and shall be conducted under the supervision of the Commissioner pursuant to the law governing the rehabilitation, liquidation, or conservation of insurance companies.
Nev. Rev. Stat. § 692C.376 — NV Code / Title 57 / Chapter 692C / Section 692C.376
Group-wide supervision of internationally active insurance groups: “Internationally active insurance group” defined
Status: in_force

“ Internationally active insurance group ” means an insurance holding company system which:

1. Includes an insurer registered under NRS 692C.260 ; and

2. Meets the following criteria: (a) Writes premiums in at least three countries; (b) Writes 10 percent or more of the insurance holding company system's total gross written premiums outside of the United States; and (c) Based on a 3-year rolling average, has total assets of $50 billion or more or total gross written premiums of $10 billion or more.
Nev. Rev. Stat. § 690C.050 — NV Code / Title 57 / Chapter 690C / Section 690C.050
“Goods” defined
Status: in_force

“ Goods ” means all tangible personal property, whether movable at the time of purchase or a fixture, that is used primarily for personal, family or household purposes.
Nev. Rev. Stat. § 679B.129 — NV Code / Title 57 / Chapter 679B / Section 679B.129
Creation of program for insurers to provide incentives to property owners to take measures to mitigate risk of property loss or damage caused by wildfire; consultation with State Forester Firewarden
Status: in_force

1. The Commissioner may create a program for insurers to provide incentives to promote and encourage property owners to take measures to mitigate the risk of property loss or damage caused by wildfire.

2. If the Commissioner creates a program pursuant to subsection 1, the Commissioner must consult with the State Forester Firewarden in determining the mitigation measures that will be included in the program.
Nev. Rev. Stat. § 681A.340 — NV Code / Title 57 / Chapter 681A / Section 681A.340
“Licensed producer” defined
Status: in_force

“Licensed producer” means an agent, broker or intermediary licensed pursuant to this title.
Nev. Rev. Stat. § 695A.210 — NV Code / Title 57 / Chapter 695A / Section 695A.210
Beneficiaries; funeral benefits
Status: in_force

1. The owner of a benefit contract has the right at all times to change any beneficiary in accordance with the laws or rules of the society, unless the owner waives that right by requesting in writing that the owner’s designation of a beneficiary be irrevocable. Every society by its laws or rules may limit the scope of a designation of a beneficiary and shall provide that a revocable beneficiary does not have or obtain any vested interest in the proceeds of any certificate until the certificate has become due and payable in conformity with the provisions of the benefit contract.

2. A society may provide for the payment of funeral benefits to the extent of such portion of any payment under a certificate as might reasonably appear to be due to any person equitably entitled thereto by reason of having incurred expense occasioned by the burial of a member, but the portion so paid must not exceed $1,000.

3. If, at the death of any person insured under a benefit contract, there is no lawful beneficiary to whom the insurance benefits are payable, the amount of such benefits, except to the extent that funeral benefits may be paid as provided in subsection 2, are payable: (a) To the estate of the deceased insured; or (b) To the owner of the certificate if the owner is not the person insured under the benefit contract.
Nev. Rev. Stat. § 690B.495 — NV Code / Title 57 / Chapter 690B / Section 690B.495
Driver required to carry evidence of coverage; required provision of proof of coverage and certain disclosure to law enforcement officer and party required if driver involved in accident or motor vehicle crash
Status: in_force

1. A driver shall carry proof of coverage under a policy of transportation network company insurance at all times when the driver is logged into the digital network or software application service of the transportation network company, available to receive requests for transportation services or providing transportation services.

2. A driver shall provide proof of coverage under a policy of transportation network company insurance and disclose whether he or she was logged into the digital network or software application service of the transportation network company, available to receive requests for transportation services or providing transportation services at the time of an accident or motor vehicle crash upon request to a law enforcement officer and to any party with whom the driver is involved in an accident or motor vehicle crash.
Nev. Rev. Stat. § 688C.360 — NV Code / Title 57 / Chapter 688C / Section 688C.360
Establishment and maintenance by licensee of system of control; responsibility for advertisements
Status: in_force

Each licensee under this chapter shall establish and continuously maintain a system of control over the content, form and method of dissemination of all advertisements of its contracts and services. Each advertisement is the responsibility of the licensee as well as the person who creates or presents it. A system of control must include notification to persons authorized by the licensee who disseminate advertisements, at least annually, of the requirements and procedures for approval before use of any advertisements not furnished by the licensee.
Nev. Rev. Stat. § 686A.313 — NV Code / Title 57 / Chapter 686A / Section 686A.313
Required coordination by multiple insurers for certain dental claims; denial of claim prohibited; regulations
Status: in_force

1. The following provisions apply to a claim for payment submitted for services provided by an oral and maxillofacial surgeon which may be covered, in whole or in part, by a stand-alone dental benefit and a policy of health insurance: (a) If a claimant is covered by a stand-alone dental benefit and a policy of health insurance, the stand-alone dental benefit is the primary policy and the claim must be first submitted to the health insurer that issued the stand-alone dental benefit. The issuer of the secondary policy may not reduce benefits based upon payments under the primary policy, except to avoid overpayment to the oral and maxillofacial surgeon. (b) Except as otherwise provided in paragraph (a), a health insurer may not deny a claim for which it has liability solely on the basis that another health insurer has liability to pay the claim.

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

3. As used in this section: (a) “ Oral and maxillofacial surgeon ” means a dentist who has been issued a specialist's license to practice oral and maxillofacial surgery pursuant to NRS 631.250 and who provides any of the services described in paragraph (c) of subsection 1 of NRS 631.215 . (b) “ Stand-alone dental benefit ” means any policy which only pays for or reimburses any part of the cost of dental care, as defined in NRS 695D.030 , and is offered or issued separately from any policy of health insurance.
Nev. Rev. Stat. § 679B.150 — NV Code / Title 57 / Chapter 679B / Section 679B.150
Measures to enhance public understanding of coverages and to encourage competition; standards for policies; criteria to determine suitability of contracts and sales practices
Status: in_force

1. The Commissioner may: (a) Take measures to enhance the public understanding of insurance coverages purchased by consumers and encourage price competition among insurers and a public understanding of the standards promulgated under paragraph (b). (b) Develop, promulgate and revise as the Commissioner deems appropriate, standards in each of the several areas of insurance appropriate to be applied to policies sold in the State of Nevada. The standards must seek to ensure that policies are not unjust, unfair, inequitable, unfairly discriminatory, misleading, deceptive, obscure or encourage misrepresentation or misunderstanding of the contract. (c) Develop criteria to determine the suitability of insurance contracts and the practices used in the sale of insurance.

2. This section does not prohibit an insurer from offering policies encompassing standards more favorable to the insured than those promulgated under this section.
Nev. Rev. Stat. § 687B.800 — NV Code / Title 57 / Chapter 687B / Section 687B.800
Retaliation for good faith reporting to state or federal authority prohibited
Status: in_force

A health carrier which offers or issues a network plan shall not penalize a participating provider of health care in the network because the participating provider of health care, in good faith, reports to state or federal authorities any act or practice by the health carrier that jeopardizes the health or welfare of a covered person.
Nev. Rev. Stat. § 681B.410 — NV Code / Title 57 / Chapter 681B / Section 681B.410
Confidentiality and privilege of information deemed to be confidential; applicability
Status: in_force

1. Except as otherwise provided in this section and NRS 239.0115 , 681B.400 and 681B.420 , an applicable company's confidential information is confidential by law and privileged, and is not: (a) Subject to subpoena or other forms of civil discovery; or (b) Admissible in evidence in any private civil action.

2. Neither the Commissioner nor any person who received confidential information while acting under the authority of the Commissioner may be permitted or required to testify in any private civil action concerning the confidential information.

3. To assist in the performance of the Commissioner's duties, the Commissioner may share confidential information with other state, federal and international regulatory agencies and the NAIC, provided that the recipient agrees, and has the legal authority to agree, to maintain the confidentiality and privileged status of such confidential information in the same manner and to the same extent as required of the Commissioner.

4. To assist in the performance of the Commissioner's duties, the Commissioner may share confidential information specified in paragraphs (a) and (d) of subsection 1 of NRS 681B.400 with state, federal and international law enforcement officials or the Actuarial Board for Counseling and Discipline, or its successor, if the confidential information is provided for the purpose of professional disciplinary hearings and the recipient agrees, and has the legal authority to agree, to maintain the confidentiality and privileged status of such confidential information in the same manner and to the same extent as required of the Commissioner.

5. The Commissioner may receive documents, materials, data and other information, including, without limitation, confidential information and privileged documents, materials, data or other information from the NAIC, and its affiliates and subsidiaries, from regulatory or law enforcement officials of other foreign or domestic jurisdictions and from the Actuarial Board for Counseling and Discipline, or its successor, and shall maintain as confidential or privileged any document, material, data or other information received with notice, or the understanding, that the information is confidential or privileged under the laws of the jurisdiction which is the source of the document, material, data or other information.

6. The Commissioner may enter into agreements governing the sharing and use of confidential information consistent with this section.

7. No waiver of any applicable privilege or claim of confidentiality in confidential information shall occur as a result of the disclosure of the confidential information to the Commissioner pursuant to this section or as a result of sharing as authorized in subsections 3 and 4.

8. A privilege established under the law of any state or jurisdiction that is substantially similar to the privilege established under this section may be available and enforced in any proceeding in, and in any court of, this State.

9. Except as otherwise provided in NRS 681B.310 , the provisions of this section apply only on or after the operative date of the Valuation Manual .
Nev. Rev. Stat. § 695E.110 — NV Code / Title 57 / Chapter 695E / Section 695E.110
“Risk retention group” defined
Status: in_force

“ Risk retention group ” means any corporation or association with limited liability that is formed under the laws of any state, Bermuda or the Cayman Islands:

1. Whose primary activity consists of assuming and spreading all or any portion of the exposure of its corporation or association members to liability;

2. Which is organized primarily to conduct the activity described in subsection 1;

3. Which: (a) Is chartered and licensed as a liability insurer and authorized to transact insurance under the laws of any state; or (b) Before January 1, 1985, was chartered or licensed and authorized to transact insurance under the laws of Bermuda or the Cayman Islands and, before that date, had certified to the Commissioner of Insurance of at least one state that it satisfied the state's requirements for capitalization, except that such a group is considered to be a risk retention group only if it has been engaged in business continuously since that date and only for the purpose of continuing to provide insurance to cover product liability or completed operations liability;

4. Which does not exclude any person from membership in the group solely to provide for members of the group a competitive advantage over an excluded person;

5. Which has as its: (a) Owners only persons who comprise the membership of the risk retention group and who are provided insurance by the risk retention group; or (b) Sole owner an organization which has as its: (1) Members only persons who comprise the membership of the risk retention group; and (2) Owners only persons who comprise the membership of the risk retention group and who are provided insurance by the group;

6. Whose members are engaged in businesses or activities similar or related with respect to the liability to which they are exposed by virtue of any related, similar or common business, trade, product, services, premises or operations;

7. Whose activities do not include the provision of insurance other than: (a) Liability insurance for assuming and spreading all or any portion of the liability of the members of the group; and (b) Reinsurance with respect to the liability of any other risk retention group, or any member of such a group, that is engaged in a business or activity such that the other group or member meets the requirements of subsection 6 for membership in the risk retention group that provides reinsurance; and

8. The name of which includes the phrase “risk retention group.”
Nev. Rev. Stat. § 693A.640 — NV Code / Title 57 / Chapter 693A / Section 693A.640
Receipt of fee, commission or other consideration for aiding, promoting or assisting in plan of reorganization
Status: in_force

1. No director, officer, employee or agent of the mutual insurer, or any other person, may receive any fee, commission or other valuable consideration, other than his or her usual regular salary and compensation, for aiding, promoting or assisting in a plan of reorganization except as set forth in the plan of reorganization approved by the Commissioner.

2. Subsection 1 does not prohibit a management or employee incentive compensation program that is contained in the plan of reorganization and approved by the Commissioner to be adopted upon reorganization to the reorganized stock insurer or prohibit such a program to be adopted later by the reorganized stock insurer.

3. Subsection 1 does not prohibit the payment of reasonable fees and compensation to attorneys, accountants, actuaries and investment bankers for services performed in the independent practice of their professions if the person is also a member of the board of directors of the mutual insurer.
Nev. Rev. Stat. § 687B.320 — NV Code / Title 57 / Chapter 687B / Section 687B.320
Policies other than industrial insurance policies: Grounds for midterm cancellation; notice to policyholder
Status: in_force

1. Except as otherwise provided in subsection 3, no insurance policy that has been in effect for at least 70 days or that has been renewed may be cancelled by the insurer before the expiration of the agreed term or 1 year from the effective date of the policy or renewal, whichever occurs first, except on any one of the following grounds: (a) Failure to pay a premium when due; (b) Conviction of the insured of a crime arising out of acts increasing the hazard insured against; (c) Discovery of fraud or material misrepresentation in the obtaining of the policy or in the presentation of a claim thereunder; (d) Discovery of: (1) An act or omission; or (2) A violation of any condition of the policy, which occurred after the first effective date of the current policy and substantially and materially increases the hazard insured against; (e) A material change in the nature or extent of the risk, occurring after the first effective date of the current policy, which causes the risk of loss to be substantially and materially increased beyond that contemplated at the time the policy was issued or last renewed; (f) A determination by the Commissioner that continuation of the insurer's present volume of premiums would jeopardize the insurer's solvency or be hazardous to the interests of policyholders of the insurer, its creditors or the public; or (g) A determination by the Commissioner that the continuation of the policy would violate, or place the insurer in violation of, any provision of the Code.

2. No cancellation under subsection 1 is effective until, in the case of paragraph (a) of subsection 1, at least 10 days and, in the case of any other paragraph of subsection 1, at least 30 days after the notice is delivered or mailed to the policyholder.

3. The provisions of this section do not apply to a policy of industrial insurance.
Nev. Rev. Stat. § 692A.140 — NV Code / Title 57 / Chapter 692A / Section 692A.140
Schedule of fees and charges: Printing; display; copies; changes and amendments; retention; inspection
Status: in_force

1. The schedules provided for in NRS 692A.130 shall: (a) Be printed in type not smaller than 10-point; (b) Be dated to show the date they became effective; and (c) So long as they are effective, be kept at all times readily available to the public and prominently displayed in a public place in each of the offices of the title insurer or title agent in this state, and in each of the offices of any person authorized to issue the policy of title insurance of the insurer, or to perform the service of an insurer or title agent in the particular county to which they relate.

2. On request, copies of the schedules shall be furnished to the public.

3. All or any part of any schedule may be changed or amended at any time or from time to time. Each change or amendment shall be printed and dated to show the effective date of the change or amendment. No change or amendment shall become effective until at least 30 days after it has been filed with the Commissioner and been displayed in the offices mentioned in subsection 1 in the same manner as provided for the display of schedules, and no change or amendment increasing fees or charges applies to policies or services ordered prior to the effective date of the change or amendment.

4. Each title insurer and each title agent shall keep a complete file of its schedules and of all changes and amendments thereto until at least 5 years after they have ceased to be in effect, and the file shall be available for inspection by the Commissioner at any appropriate time.
Nev. Rev. Stat. § 682A.502 — NV Code / Title 57 / Chapter 682A / Section 682A.502
Reserve requirements
Status: in_force

Subject to all other limitations and requirements of this chapter, a property and casualty, financial guaranty, mortgage guaranty or accident and health insurer shall maintain an amount not less than 100 percent of adjusted loss reserves and loss adjustment expense reserves, 100 percent of adjusted unearned premium reserves and 100 percent of statutorily required policy and contract reserves in:

1. Cash and cash equivalents;

2. High and medium grade investments that qualify pursuant to NRS 682A.518 and 682A.520 ;

3. Equity interests that qualify pursuant to NRS 682A.522 to 682A.528 , inclusive, and which are traded on a qualified exchange;

4. Investments of the type set forth in NRS 682A.550 to 682A.558 , inclusive, if the investments are rated in the highest generic rating category by a nationally recognized statistical rating organization recognized by the SVO for rating foreign jurisdictions and if any foreign currency exposure is effectively hedged through the maturity date of the investments;

5. Qualifying investments of the type set forth in subsections 2, 3 and 4 that are acquired pursuant to NRS 682A.570 and 682A.572 ;

6. Interest and dividends receivable on qualifying investments of the type set forth in subsections 1 to 5, inclusive; or

7. Reinsurance recoverable on paid losses.
Nev. Rev. Stat. § 688A.030 — NV Code / Title 57 / Chapter 688A / Section 688A.030
“Industrial life insurance” defined
Status: in_force

For the purposes of this Code, “industrial life insurance” is that form of life insurance written under policies of a face amount of $2,500 or less bearing the words “industrial policy” or “weekly premium policy” or words of similar import imprinted on the face thereof as part of the descriptive matter, and under which premiums are payable monthly or more often.
Nev. Rev. Stat. § 697.295 — NV Code / Title 57 / Chapter 697 / Section 697.295
Electronic transmissions relating to bail
Status: in_force

1. Except as otherwise provided in subsections 2 and 3, every bail agent and insurer authorized to write surety in this State and every subsidiary corporation of such an insurer shall maintain a means of receiving electronic transmissions and shall receive electronic transmissions made pursuant to NRS 178.502 , 178.508 and 178.514 .

2. Before April 1, 2018, a bail agent or insurer authorized to write surety in this State and every subsidiary corporation of such an insurer may elect to receive a notice pursuant to NRS 178.502 , 178.508 or 178.514 by mail by providing a written request to the court.

3. On and after April 1, 2018, a bail agent or insurer authorized to write surety in this State and every subsidiary corporation of such an insurer may receive a notice pursuant to NRS 178.502 , 178.508 or 178.514 by mail only pursuant to a court order issued upon request by the bail agent or insurer for good cause shown.

4. As used in this section, “electronic transmission” has the meaning ascribed to it in NRS 178.483 .
Nev. Rev. Stat. § 690C.100 — NV Code / Title 57 / Chapter 690C / Section 690C.100
Applicability of chapter
Status: in_force

1. The provisions of this title do not apply to: (a) A warranty; (b) A maintenance agreement; (c) A service contract provided by a public utility on its transmission device if the service contract is regulated by the Public Utilities Commission of Nevada; (d) A service contract sold or offered for sale to a person who is not a consumer; (e) A service contract for goods if the purchase price of the goods is less than $250; or (f) A service contract issued, sold or offered for sale by a vehicle dealer on vehicles sold by the dealer, if the dealer is licensed pursuant to NRS 482.325 and the service contract obligates either the dealer or the manufacturer of the vehicle, or an affiliate of the dealer or manufacturer, to provide all services under the service contract.

2. The sale of a service contract pursuant to this chapter does not constitute the business of insurance for the purposes of 18 U.S.C. §§ 1033 and 1034 .

3. As used in this section: (a) “ Maintenance agreement ” means a contract for a limited period that provides only for scheduled maintenance. (b) “ Warranty ” means a warranty provided solely by a manufacturer, importer or seller of goods for which the manufacturer, importer or seller did not receive separate consideration and that: (1) Is not negotiated or separated from the sale of the goods; (2) Is incidental to the sale of the goods; and (3) Guarantees to indemnify the consumer for defective parts, mechanical or electrical failure, labor or other remedial measures required to repair or replace the goods.
Nev. Rev. Stat. § 686C.120 — NV Code / Title 57 / Chapter 686C / Section 686C.120
“Resident” defined
Status: in_force

“ Resident ” means any person to whom a contractual obligation is owed and who resides in this state on the date of entry of a court order that determines a member insurer to be impaired or insolvent. A person may be a resident of but one state, which in the case of a person other than a natural person is its principal place of business. A citizen of the United States who is a resident of a foreign country or of a territory or insular possession subject to the jurisdiction of the United States which does not have an association similar to the Association created by this chapter shall be deemed to be a resident of the state of domicile of the member insurer that issued the policy or contract.
Nev. Rev. Stat. § 690C.230 — NV Code / Title 57 / Chapter 690C / Section 690C.230
Receipt or written evidence of purchase of service contract required from provider; copy of service contract required to be furnished to holder within reasonable time
Status: in_force

1. A provider shall provide a receipt for, or other written evidence of, the purchase of a service contract.

2. The provider shall furnish a copy of the service contract to the holder within a reasonable time after the contract is purchased.
Nev. Rev. Stat. § 686C.010 — NV Code / Title 57 / Chapter 686C / Section 686C.010
Short title
Status: in_force

This chapter may be cited as the Nevada Life and Health Insurance Guaranty Association Act.
Nev. Rev. Stat. § 687B.810 — NV Code / Title 57 / Chapter 687B / Section 687B.810
Health carrier required to establish mechanism to allow participating provider of health care to determine whether a person is a covered person or within grace period for payment of premium
Status: in_force

A health carrier which offers or issues a network plan shall establish a mechanism by which a participating provider of health care in the network may, in a timely manner at the time health care services are to be provided, determine whether the person to whom the health care services are to be provided is a covered person or is within a grace period for the payment of a premium during which the health carrier may hold a claim for health care services pending receipt of the payment of the premium.
Nev. Rev. Stat. § 682A.355 — NV Code / Title 57 / Chapter 682A / Section 682A.355
Insurance futures and insurance future options
Status: in_force

Insurance futures and insurance future options are not considered investments or investment practices for the purposes of this chapter.
Nev. Rev. Stat. § 692A.022 — NV Code / Title 57 / Chapter 692A / Section 692A.022
“Business of title insurance” and “title insurance business” defined
Status: in_force

“ Business of title insurance ” or “ title insurance business ” includes:

1. The issuance of or proposal to issue any policy of title insurance as an insurer, guarantor or indemnitor;

2. The solicitation, negotiation or execution of a policy of title insurance, or the performance of any related services arising out of the execution of a policy of title insurance, excluding reinsurance;

3. The performance by a title insurer, a title agent or an escrow agency owned, in whole or in part, by a title insurer or title agent, of any service in conjunction with the issuance or contemplated issuance of a policy of title insurance, including, but not limited to, the handling of any escrow, settlement or closing in connection therewith, or doing or proposing to do any business which is in substance the equivalent of the services described in this subsection; and

4. The act of a title insurer whereby the title insurer provides a closing protection letter pursuant to NRS 692A.225 .
Nev. Rev. Stat. § 693A.365 — NV Code / Title 57 / Chapter 693A / Section 693A.365
Assumption of reinsurance: Limitations; application of provisions
Status: in_force

1. A domestic property or casualty insurer with less than $3,000,000 in surplus as regards policyholders shall not, without the written approval of the Commissioner, assume reinsurance on any risk that it otherwise is permitted to assume, except if the reinsurance is required by law or regulation.

2. The provisions of this section are applicable to a contract of reinsurance executed or renewed on or after October 1, 1991.

3. The provisions of this section do not invalidate any reinsurance contract between the parties to the contract.
Nev. Rev. Stat. § 689C.590 — NV Code / Title 57 / Chapter 689C / Section 689C.590
Disciplinary or other action for violation of provisions
Status: in_force

The Commissioner may deny, revoke or suspend a certificate of registration of any voluntary purchasing group found to be in violation of NRS 689C.490 to 689C.600 , inclusive.