Nev. Rev. Stat. § 689.485 — NV Code / Title 57 / Chapter 689 / Section 689.485
Permit required for cemetery authority to offer or sell burial merchandise or services under prepaid contract; exception; administrative fine
Status: in_force

1. It is unlawful for any cemetery authority, or any person on behalf of a cemetery authority, to offer or sell any burial merchandise or services under a prepaid contract unless the cemetery authority has been issued a seller's permit by the Commissioner.

2. Subsection 1 does not apply to cemeteries owned and operated by governmental agencies.

3. A person who offers or sells any burial merchandise or services under a prepaid contract in this state in violation of the provisions of this section is subject to an administrative fine of not more than $1,000 for each violation.
Nev. Rev. Stat. § 692B.120 — NV Code / Title 57 / Chapter 692B / Section 692B.120
Effect of granting permit; prohibited use as inducement; provision required to be placed on permit
Status: in_force

1. The granting of a solicitation permit is permissive only and shall not constitute an endorsement by the Commissioner of any person or thing related to any such insurer, corporation, syndicate, association, firm, organization or financing, or constitute evidence of the completeness or accuracy of information presented in any prospectus or other sales literature. The existence of the permit shall not be advertised or used as an inducement in any solicitation.

2. The Commissioner shall place the substance of this section in conspicuous type at the top of each such permit issued.
Nev. Rev. Stat. § 686B.150 — NV Code / Title 57 / Chapter 686B / Section 686B.150
Binding agreements by insurers relating to rates and rules
Status: in_force

No insurer shall assume any obligation to any person other than a policyholder or other companies under common control to use or adhere to certain rates or rules, and no other person shall impose any penalty or other adverse consequence for failure of an insurer to adhere to certain rates or rules.
Nev. Rev. Stat. § 695B.050 — NV Code / Title 57 / Chapter 695B / Section 695B.050
Manner of incorporation
Status: in_force

Persons desiring to form a nonprofit hospital, medical or dental service corporation shall incorporate pursuant to the provisions of this chapter, and the provisions of the nonprofit corporation laws of the State of Nevada, including NRS 81.410 to 81.540 , inclusive, or chapter 82 of NRS, as applicable, so far as the provisions of such laws are applicable and not inconsistent with this chapter.
Nev. Rev. Stat. § 696A.110 — NV Code / Title 57 / Chapter 696A / Section 696A.110
Deposit in lieu of bond: Conditions; execution on judgments against club
Status: in_force

A deposit of cash or securities, in lieu of such bond, shall be subject to the conditions applying to the bond and is also subject to execution on judgments against the club.
Nev. Rev. Stat. § 688A.090 — NV Code / Title 57 / Chapter 688A / Section 688A.090
Misstatement of age
Status: in_force

There shall be a provision that if the age of the insured or of any other person whose age is considered in determining the premium or benefit has been misstated, any amount payable or benefit accruing under the policy shall be such as the premium would have purchased at the correct age or ages.
Nev. Rev. Stat. § 689A.135 — NV Code / Title 57 / Chapter 689A / Section 689A.135
Assignment of benefits by insured to provider of health care
Status: in_force

1. A person insured under a policy of health insurance may assign his or her right to benefits to the provider of health care who provided the services covered by the policy. The insurer shall pay all or the part of the benefits assigned by the insured to the person designated by the insured. A payment made pursuant to this subsection discharges the insurer's obligation to pay those benefits.

2. If the insured makes an assignment under this section, but the insurer after receiving a copy of the assignment pays the benefits to the insured, the insurer shall also pay those benefits to the provider of health care who received the assignment as soon as the insurer receives notice of the incorrect payment.

3. For the purpose of this section, “provider of health care” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 682A.408 — NV Code / Title 57 / Chapter 682A / Section 682A.408
Rated credit instruments
Status: in_force

1. Subject to the limitations of NRS 682A.404 , but not to the limitations of NRS 682A.402 , an insurer may acquire rated credit instruments issued, assumed, guaranteed or insured by: (a) The United States; (b) A government-sponsored enterprise of the United States, if the instruments of the government-sponsored enterprise are assumed, guaranteed or insured by the United States or are otherwise backed or supported by the full faith and credit of the United States; (c) Canada; or (d) A government-sponsored enterprise of Canada, if the instruments of the government-sponsored enterprise are assumed, guaranteed or insured by Canada or are otherwise backed or supported by the full faith and credit of Canada.

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

3. Subject to the limitations of NRS 682A.404 , but not to the limitations of NRS 682A.402 , an insurer may acquire credit rated instruments, excluding asset-backed securities: (a) Issued by a government money market mutual fund, a class one money market mutual fund or a class one bond mutual fund; (b) Issued, assumed, guaranteed or insured by a government-sponsored enterprise of the United States other than those eligible under subsection 1; (c) Issued, assumed, guaranteed or insured by a state, if the instruments are general obligations of the state; or (d) Issued by a multilateral development bank.

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

5. Subject to the limitations of NRS 682A.402 , 682A.404 and 682A.406 , an insurer may acquire preferred stocks that are not foreign investments and which meet the requirements of rated credit instruments if, as a result of and after giving effect to the investment: (a) The aggregate amount of preferred stocks held by the insurer in accordance with this section does not exceed 20 percent of the insurer's admitted assets; and (b) The aggregate amount of preferred stocks held by the insurer in accordance with this section which are not sinking fund stocks or rated P1 or P2 by the SVO does not exceed 10 percent of the insurer's admitted assets.

6. Subject to the limitations of NRS 682A.402 , 682A.404 and 682A.406 , in addition to those investments eligible pursuant to subsections 1 to 5, inclusive, an insurer may acquire rated credit instruments that are not foreign investments.

7. An insurer shall not acquire special rated credit instruments as described in this section if, as a result of and after giving effect to the investment, the aggregate amount of special rated credit instruments held by the insurer would exceed 5 percent of the insurer's admitted assets.
Nev. Rev. Stat. § 686C.303 — NV Code / Title 57 / Chapter 686C / Section 686C.303
Action by Commissioner upon failure to act by Association
Status: in_force

If the Association fails to act within a reasonable time with respect to an insolvent insurer, as provided in NRS 686C.150 to 686C.155 , inclusive, the Commissioner may exercise the powers and perform the duties of the Association under this chapter with respect to the insolvent insurer.
Nev. Rev. Stat. § 686A.090 — NV Code / Title 57 / Chapter 686A / Section 686A.090
Boycott, coercion or intimidation tending to result in unreasonable restraint of or monopoly in business of insurance prohibited
Status: in_force

No person shall enter into any agreement to commit, or by any concerted action commit, any act of boycott, coercion or intimidation resulting in or tending to result in unreasonable restraint of, or any monopoly in, any business of insurance.
Nev. Rev. Stat. § 686B.050 — NV Code / Title 57 / Chapter 686B / Section 686B.050
Standards
Status: in_force

1. Rates must not be excessive, inadequate or unfairly discriminatory, nor may an insurer charge any rate which if continued will have or tend to have the effect of destroying competition or creating a monopoly.

2. The Commissioner may disapprove rates if there is not a reasonable degree of price competition at the consumer level with respect to the class of business to which they apply. In determining whether a reasonable degree of price competition exists, the Commissioner shall consider all relevant tests, including: (a) The number of insurers actively engaged in the class of business and their shares of the market; (b) The existence of differentials in rates in that class of business; (c) Whether long-run profitability for insurers generally of the class of business is unreasonably high in relation to its riskiness; (d) Consumers' knowledge in regard to the market in question; and (e) Whether price competition is a result of the market or is artificial. If competition does not exist, rates are excessive if they are likely to produce a long-run profit that is unreasonably high in relation to the riskiness of the class of business, or if expenses are unreasonably high in relation to the services rendered.

3. Rates are inadequate if they are clearly insufficient, together with the income from investments attributable to them, to sustain projected losses and expenses in the class of business to which they apply.

4. One rate is unfairly discriminatory in relation to another in the same class if it clearly fails to reflect equitably the differences in expected losses and expenses. Rates are not unfairly discriminatory because different premiums result for policyholders with similar exposure to loss but different expense factors, or similar expense factors but different exposure to loss, so long as the rates reflect the differences with reasonable accuracy. Rates are not unfairly discriminatory if they are averaged broadly among persons insured under a group, franchise or blanket policy.
Nev. Rev. Stat. § 694C.388 — NV Code / Title 57 / Chapter 694C / Section 694C.388
Alien captive insurer: Reports and statements
Status: in_force

Before June 30 of each year or, if approved by the Commissioner, not more than 60 days after the expiration of the fiscal year of the branch captive insurer, the branch captive insurer shall file with the Commissioner a copy of all reports and statements required to be filed under the laws of the jurisdiction in which the alien captive insurer is domiciled. The reports and statements must be verified by oath of two of the executive officers of the alien captive insurer. If the Commissioner is satisfied that the annual report filed by the alien captive insurer in the jurisdiction in which it is domiciled provides adequate information concerning the financial condition of the alien captive insurer, the Commissioner may waive the requirement for completion of the captive annual statement for business written in the alien jurisdiction.
Nev. Rev. Stat. § 689B.300 — NV Code / Title 57 / Chapter 689B / Section 689B.300
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 group health policy, 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 rights 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 group health policy, 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 spouse or dependent of the insured 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; (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 group health policy 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. § 689C.055 — NV Code / Title 57 / Chapter 689C / Section 689C.055
“Dependent” defined
Status: in_force

“ Dependent ” means a spouse, a domestic partner as defined in NRS 122A.030 , or a child on or before the last day of the month in which the child attains 26 years of age.
Nev. Rev. Stat. § 682A.147 — NV Code / Title 57 / Chapter 682A / Section 682A.147
“NAIC” defined
Status: in_force

“ NAIC ” means the National Association of Insurance Commissioners, or its successor organization.
Nev. Rev. Stat. § 695C.1759 — NV Code / Title 57 / Chapter 695C / Section 695C.1759
Plan covering anatomical gifts, organ transplants or treatments or services related to organ transplants: Prohibited acts by health maintenance organization if insured is person with disability
Status: in_force

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

2. As used in this section: (a) “Anatomical gift” has the meaning ascribed to it in NRS 451.513 . (b) “Disability” has the meaning ascribed to it in 42 U.S.C. § 12102(1) . (c) “Provider of medical or related services” has the meaning ascribed to it in NRS 460.160 .
Nev. Rev. Stat. § 682A.420 — NV Code / Title 57 / Chapter 682A / Section 682A.420
Tangible personal property under lease or other agreement
Status: in_force

1. Subject to the limitations of NRS 682A.402 , 682A.404 and 682A.406 , an insurer may acquire tangible personal property or equity interests therein located or used wholly or in part within a domestic jurisdiction either directly or indirectly through limited partnership interests and general partnership interests not otherwise prohibited by paragraph (d) of subsection 1 of NRS 682A.380 , joint ventures, stock of an investment subsidiary or membership interests in a limited-liability company, trust certificates or other similar instruments.

2. Investments acquired as described in subsection 1 are eligible only if: (a) The property is subject to a lease or other agreement with a person whose rated credit instruments in the amount of the purchase price of the personal property the insurer could acquire in accordance with the provisions of NRS 682A.408 ; and (b) The lease or other agreement provides the insurer the right to receive rental, purchase or other fixed payments for the use or purchase of the property, and the aggregate value of the payments, together with the estimated residual value of the property at the end of its useful life and the estimated tax benefits to the insurer resulting from ownership of the property, must be adequate to return the cost of the insurer's investment in the property, plus a return deemed adequate by the insurer.
Nev. Rev. Stat. § 682A.422 — NV Code / Title 57 / Chapter 682A / Section 682A.422
Valuation of personal property under lease
Status: in_force

The insurer shall compute the amount of each investment acquired in accordance with the provisions of NRS 682A.420 to 682A.428 , inclusive, on the basis of the out-of-pocket purchase price and applicable related expenses paid by the insurer for the investment, net of each borrowing made to finance the purchase price and expenses, to the extent the borrowing is without recourse to the insurer.
Nev. Rev. Stat. § 695C.300 — NV Code / Title 57 / Chapter 695C / Section 695C.300
Prohibited practices
Status: in_force

1. No health maintenance organization or representative thereof may cause or knowingly permit the use of advertising which is untrue or misleading, solicitation which is untrue or misleading or any form of evidence of coverage which is deceptive. For purposes of this chapter: (a) A statement or item of information shall be deemed to be untrue if it does not conform to fact in any respect which is or may be significant to an enrollee of, or person considering enrollment in, a health care plan. (b) A statement or item of information shall be deemed to be misleading, whether or not it may be literally untrue if, in the total context in which such statement is made or such item of information is communicated, such statement or item of information may be reasonably understood by a reasonable person not possessing special knowledge regarding health care coverage, as indicating any benefit or advantage or the absence of any exclusion, limitation or disadvantage of possible significance to an enrollee of, or person considering enrollment in, a health care plan if such benefit or advantage or absence of limitation, exclusion or disadvantage does not in fact exist. (c) An evidence of coverage shall be deemed to be deceptive if the evidence of coverage taken as a whole, and with consideration given to typography and format as well as language, shall be such as to cause a reasonable person not possessing special knowledge regarding health care plans and evidences of coverage therefor to expect benefits, services, charges or other advantages which the evidence of coverage does not provide or which the health care plan issuing such evidence of coverage does not regularly make available for enrollees covered under such evidence of coverage.

2. NRS 686A.010 to 686A.310 , inclusive, shall be construed to apply to health maintenance organizations, health care plans and evidences of coverage except to the extent that the nature of health maintenance organizations, health care plans and evidences of coverage render the sections therein clearly inappropriate.

3. An enrollee may not be cancelled or not renewed except for the failure to pay the charge for such coverage or for cause as determined in the master contract.

4. No health maintenance organization, unless licensed as an insurer, may use in its name, contracts, or literature any of the words “insurance,” “casualty,” “surety,” “mutual” or any other words descriptive of the insurance, casualty or surety business or deceptively similar to the name or description of any insurance or surety corporation doing business in this State.

5. No person not certificated under this chapter shall use in its name, contracts or literature the phrase “health maintenance organization” or the initials “HMO.”
Nev. Rev. Stat. § 688A.3631 — NV Code / Title 57 / Chapter 688A / Section 688A.3631
Value of paid-up annuity benefits when benefit payments to commence
Status: in_force

Any paid-up annuity benefit available under a contract shall be such that its present value on the date when the annuity payments are to commence is at least equal to the minimum nonforfeiture amount on that date. Such present value shall be computed by using the mortality table, if any, and the interest rate specified in the contract for determining the minimum paid-up annuity benefits guaranteed in the contract.
Nev. Rev. Stat. § 695D.216 — NV Code / Title 57 / Chapter 695D / Section 695D.216
Required provision concerning coverage for services provided through telehealth to same extent as though provided in person or by other means; required provision concerning reimbursement for certain services provided through telehealth in same amount as though provided in person or by other means; prohibited acts
Status: in_force

1. A plan for dental care must include coverage for services provided to a member through telehealth to the same extent as though provided in person or by other means.

2. A plan for dental care must provide reimbursement for services described in subsection 1 in the same amount as though provided in person or by other means if the services: (a) Are received at an originating site described in 42 U.S.C. § 1395m(m)(4)(C) or furnished by a federally-qualified health center or a rural health clinic; and (b) Are not provided through audio-only interaction.

3. An organization for dental care shall not: (a) Require a member to establish a relationship in person with a provider of health care or provide any additional consent to or reason for obtaining services through telehealth as a condition to providing the coverage described in subsection 1 or the reimbursement described in subsection 2; (b) Require a provider of health care to demonstrate that it is necessary to provide services to a member through telehealth or receive any additional type of certification or license to provide services through telehealth as a condition to providing the coverage described in subsection 1 or the reimbursement described in subsection 2; (c) Refuse to provide the coverage described in subsection 1 or the reimbursement described in subsection 2 because of: (1) The distant site from which a provider of health care provides services through telehealth or the originating site at which a member receives services through telehealth; or (2) The technology used to provide the services: (d) Require covered services to be provided through telehealth as a condition to providing coverage for such services; or (e) Categorize a service provided through telehealth differently for purposes relating to coverage or reimbursement than if the service had been provided in person or through other means.

4. A plan for dental care must not require a member to obtain prior authorization for any service provided through telehealth that is not required for the service when provided in person. A plan for dental care may require prior authorization for a service provided through telehealth if such prior authorization would be required if the service were provided in person or by other means.

5. The provisions of this section do not require an organization for dental care to: (a) Ensure that covered services are available to a member through telehealth at a particular originating site; (b) Provide coverage for a service that is not a covered service or that is not provided by a covered provider of health care; or (c) Enter into a contract with any provider of health care or cover any service if the organization for dental care is not otherwise required by law to do so.

6. A plan for dental care subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after July 1, 2023, 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.

7. As used in this section: (a) “Distant site” has the meaning ascribed to it in NRS 629.515 . (b) “Federally-qualified health center” has the meaning ascribed to it in 42 U.S.C. § 1396d(l)(2)(B) . (c) “Originating site” has the meaning ascribed to it in NRS 629.515 . (d) “Provider of health care” has the meaning ascribed to it in NRS 439.820 . (e) “Rural health clinic” has the meaning ascribed to it in 42 U.S.C. § 1395x(aa)(2) . (f) “Telehealth” has the meaning ascribed to it in NRS 629.515 .
Nev. Rev. Stat. § 682A.047 — NV Code / Title 57 / Chapter 682A / Section 682A.047
“Control” defined
Status: in_force

“ Control ” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a person, whether through ownership of voting securities, by contract, other than a commercial contract for goods or nonmanagement services, or otherwise, unless the power is the result of an official position with or corporate office held by the person.
Nev. Rev. Stat. § 679A.119 — NV Code / Title 57 / Chapter 679A / Section 679A.119
“Rating characteristic” defined
Status: in_force

“ Rating characteristic ” means age, family composition, tobacco use or geographic rating area.
Nev. Rev. Stat. § 685A.060 — NV Code / Title 57 / Chapter 685A / Section 685A.060
Open lines for export
Status: in_force

1. The Commissioner may by order declare eligible for export generally and without compliance with subsections 2, 3 and 4 of NRS 685A.040 and NRS 685A.050 , any class or classes of insurance coverage or risk for which the Commissioner finds that there is not a reasonable or adequate market among authorized insurers either as to acceptance of the risk, contract terms, or premium or premium rate. Any such order shall continue in effect during the existence of the conditions upon which predicated, but subject to earlier termination by the Commissioner.

2. For surplus lines insurance, the broker shall file with or as directed by the Commissioner a memorandum as to each such coverage placed by the broker in an unauthorized insurer, in such form and context as the Commissioner may reasonably require for the identification of the coverage and determination of the tax payable to the State relative thereto.

3. The broker, or a licensed Nevada agent of the authorized insurer or a general lines broker, may also place with authorized insurers any insurance coverage made eligible for export generally under subsection 1, and without regard to rate or form filings which may otherwise be applicable to the authorized insurer. As to coverages so placed in an authorized insurer the premium tax thereon shall be reported and paid by the insurer as required generally under chapter 680B of NRS .
Nev. Rev. Stat. § 691E.200 — NV Code / Title 57 / Chapter 691E / Section 691E.200
Acting as producer of limited lines travel insurance without license prohibited; exception; issuance of license
Status: in_force

1. Except as otherwise provided in NRS 691E.210 , a person shall not act as a producer of limited lines travel insurance unless the person is licensed pursuant to this section.

2. In accordance with the provisions of NRS 683A.201 to 683A.370 , inclusive, the Commissioner may issue a license as a producer of limited lines travel insurance to a person who has filed an application with the Commissioner.

3. A license issued pursuant to this section authorizes the holder of the license to sell, solicit or negotiate travel insurance on behalf of a licensed insurer.
Nev. Rev. Stat. § 687B.410 — NV Code / Title 57 / Chapter 687B / Section 687B.410
Withdrawal of provision of insurance for particular class of insureds: Notice to Commissioner; administrative review upon request from insured
Status: in_force

1. An insurer which intends to withdraw from providing insurance for a particular class of insureds shall notify the Commissioner of that intention at least 60 days before the notice of cancellation or nonrenewal is delivered or mailed to the insureds.

2. Upon receipt of a written request from an insured, the Division shall, within 15 days after the receipt of the request, review the ground for cancellation or nonrenewal. If after the review the Division fails to find that the insurer can demonstrate the grounds for cancellation or nonrenewal by clear and convincing evidence, the cancellation or nonrenewal shall be deemed withdrawn by the insurer and the policy reinstated or renewed. Such a request for review by the Division must be made within 30 days after the insured receives the notice of cancellation or nonrenewal.
Nev. Rev. Stat. § 680B.010 — NV Code / Title 57 / Chapter 680B / Section 680B.010
Fees
Status: in_force

The Commissioner shall collect in advance and receipt for, and persons so served must pay to the Commissioner, fees and miscellaneous charges as follows:

1. Insurer's certificate of authority: (a) Filing initial application $2,450 (b) Issuance of certificate: (1) For any one kind of insurance as defined in NRS 681A.010 to 681A.080 , inclusive 283 (2) For two or more kinds of insurance as so defined 578 (3) For a reinsurer 2,450 (c) Each annual continuation of a certificate 2,450 (d) Reinstatement pursuant to NRS 680A.180 , 50 percent of the annual continuation fee otherwise required. (e) Registration of additional title pursuant to NRS 680A.240 50 (f) Annual renewal of the registration of additional title pursuant to NRS 680A.240 25

2. Charter documents, other than those filed with an application for a certificate of authority. Filing amendments to articles of incorporation, charter, bylaws, power of attorney and other constituent documents of the insurer, each document $10

3. Annual statement or report. For filing annual statement or report $25

4. Service of process: (a) Filing of power of attorney $5 (b) Acceptance of service of process 30

5. Licenses, appointments and renewals for producers of insurance: (a) Application and license $125 (b) Appointment fee for each insurer 15 (c) Triennial renewal of each license 125 (d) Temporary license 10 (e) Modification of an existing license 50

6. Surplus lines brokers: (a) Application and license $125 (b) Triennial renewal of each license 125

7. Managing general agents' licenses, appointments and renewals: (a) Application and license $125 (b) Appointment fee for each insurer 15 (c) Triennial renewal of each license 125

8. Adjusters', as defined in NRS 684A.030 , licenses and renewals: (a) Application and license $125 (b) Triennial renewal of each license 125

9. Licenses and renewals for appraisers of physical damage to motor vehicles: (a) Application and license $125 (b) Triennial renewal of each license 125

10. Insurance vending machines: (a) Application and license, for each machine $125 (b) Triennial renewal of each license 125

11. Permit for solicitation for securities: (a) Application for permit $100 (b) Extension of permit 50

12. Securities salespersons for domestic insurers: (a) Application and license $25 (b) Annual renewal of license 15

13. Rating organizations: (a) Application and license $500 (b) Annual renewal 500

14. Certificates and renewals for administrators licensed pursuant to chapter 683A of NRS : (a) Application and certificate of registration $125 (b) Triennial renewal 125

15. For copies of the insurance laws of Nevada, a fee which is not less than the cost of producing the copies.

16. Certified copies of certificates of authority and licenses issued pursuant to the Code $10

17. For copies and amendments of documents on file in the Division, a reasonable charge fixed by the Commissioner, including charges for duplicating or amending the forms and for certifying the copies and affixing the official seal.

18. Letter of clearance for a producer of insurance or other licensee if requested by someone other than the licensee $10

19. Certificate of status as a producer of insurance or other licensee if requested by someone other than the licensee $10

20. Licenses, appointments and renewals for bail agents: (a) Application and license $125 (b) Appointment for each surety insurer 15 (c) Triennial renewal of each license 125

21. Licenses and renewals for bail enforcement agents: (a) Application and license $125 (b) Triennial renewal of each license 125

22. Licenses, appointments and renewals for general agents for bail: (a) Application and license $125 (b) Initial appointment by each insurer 15 (c) Triennial renewal of each license 125

23. Licenses and renewals for bail solicitors: (a) Application and license $125 (b) Triennial renewal of each license 125

24. Licenses and renewals for title agents and escrow officers: (a) Application and license $125 (b) Triennial renewal of each license 125 (c) Appointment fee for each title insurer 15

25. Certificate of authority and renewal for a seller of prepaid funeral contracts $125

26. Licenses and renewals for agents for prepaid funeral contracts: (a) Application and license $125 (b) Triennial renewal of each license 125

27. Reinsurance intermediary broker or manager: (a) Application and license $125 (b) Triennial renewal of each license 125

28. Agents for and sellers of prepaid burial contracts: (a) Application and certificate or license $125 (b) Triennial renewal 125

29. Risk retention groups: (a) Initial registration $250 (b) Each annual continuation of a certificate of registration 250

30. Required filing of forms: (a) For rates and policies $25 (b) For riders and endorsements 10

31. Viatical settlements: (a) Provider of viatical settlements: (1) Application and license $1,000 (2) Annual renewal 1,000 (b) Broker of viatical settlements: (1) Application and license 500 (2) Annual renewal 500 (c) Registration of producer of insurance acting as a viatical settlement broker 250

32. Insurance consultants: (a) Application and license $125 (b) Triennial renewal 125

33. Licensee's association with or designation, appointment or sponsorship by an organization: (a) Initial association, designation or sponsorship and renewal of association, designation or sponsorship, for each organization $50 (b) Initial appointment and annual renewal of appointment 15

34. Purchasing groups: (a) Initial registration and review of an application $100 (b) Each annual continuation of registration 100

35. Exchange enrollment facilitators: (a) Application and certificate $125 (b) Triennial renewal of each certificate 125 (c) Temporary certificate 10

36. Agent who performs utilization reviews: (a) Application and registration $250 (b) Renewal of registration 250

37. Motor club: (a) Filing of application $500 (b) Issuance of certificate 283

38. Motor club agent: (a) Application and license $78 (b) Appointment by each motor club 5 (c) Triennial renewal of each license 78

39. Title plant company: (a) Application and license $10 (b) Renewal of license 10

40. Service contract provider: (a) Application and registration $2,000 (b) Renewal of registration 2,000

41. In addition to any other fee or charge, all applicable fees required of any person, including, without limitation, persons listed in this section, pursuant to NRS 680C.110 .
Nev. Rev. Stat. § 692C.258 — NV Code / Title 57 / Chapter 692C / Section 692C.258
Order of Commissioner relating to acquisition: Hearing; written decision; effective date; plan to remedy conditions that caused order to be issued; applicability; penalty
Status: in_force

1. Except as otherwise provided in this section, if the Commissioner determines that an acquisition may substantially lessen competition in any line of insurance in this state, tends to create a monopoly or is not in the interest of members of the public who purchase insurance, the Commissioner may issue an order: (a) Requiring an involved insurer to cease and desist from doing business in this state relating to that line of insurance; or (b) Denying the application of an acquired or acquiring insurer for a license or authority to do business in this state.

2. The Commissioner shall not issue an order pursuant to subsection 1 unless: (a) The Commissioner conducts a hearing concerning the acquisition in accordance with NRS 679B.310 to 679B.370 , inclusive; (b) A notice of the hearing is issued before the expiration of the waiting period for the acquisition specified in NRS 692C.254 , but not less than 15 days before the hearing; and (c) The hearing is conducted and the order is issued not later than 60 days after the expiration of the waiting period.

3. Each order issued pursuant to subsection 1 must include a written decision of the Commissioner setting forth findings of fact and conclusions of law relating to the acquisition.

4. An order issued pursuant to this section does not become final until 30 days after it is issued, during which time the involved insurer may submit to the Commissioner a plan to remedy, within a reasonable period, the anticompetitive effect of the acquisition or the failure to protect the interest of members of the public who purchase insurance. As soon as practicable after receiving the plan, the Commissioner shall, based upon the plan and any information included in the plan, issue a written determination setting forth: (a) The conditions or actions, if any, required to: (1) Eliminate the anticompetitive effect of the acquisition or protect the interest of members of the public who purchase insurance; and (2) Vacate or modify the order; and (b) The period in which the conditions or actions specified in paragraph (a) must be performed.

5. An order issued pursuant to subsection 1 does not apply to an acquisition that is not consummated.

6. A person who violates a cease and desist order issued pursuant to this section during any period in which the order is in effect is subject, at the discretion of the Commissioner, to: (a) The imposition of a civil penalty of not more than $10,000 per day for each day the violation continues; (b) The suspension or revocation of the person's license or certificate of authority; or (c) Both the imposition of a civil penalty pursuant to paragraph (a) and the suspension or revocation of the person's license or certificate of authority pursuant to paragraph (b).

7. In addition to any fine imposed pursuant to NRS 692C.480 , any insurer or other person who fails to make any filing required by NRS 692C.252 to 692C.258 , inclusive, and who fails to make a good faith effort to comply with any such requirement is subject to a fine of not more than $50,000.

8. The provisions of NRS 692C.430 , 692C.440 and 692C.460 do not apply to an acquisition to which the provisions of NRS 692C.252 apply.
Nev. Rev. Stat. § 691C.390 — NV Code / Title 57 / Chapter 691C / Section 691C.390
Refund of unearned premiums upon cancellation; approval of refund formula
Status: in_force

1. Each individual policy or certificate of insurance must provide for a refund of unearned premiums if the credit personal property insurance is cancelled before the scheduled date of termination of the insurance.

2. Except as otherwise provided in this section, any refund must be provided to the person to whom it is entitled as soon as practicable after the date of cancellation of the insurance.

3. The formula that an insurer uses to determine the amount of a refund must be submitted to and approved by the Commissioner before it is used.
Nev. Rev. Stat. § 687A.0395 — NV Code / Title 57 / Chapter 687A / Section 687A.0395
“Self-insurer” defined
Status: in_force

“ Self-insurer ” means a person that covers its liability through a qualified individual or group self-insurance program or any other formal program created for the specific purpose of covering liabilities typically covered by insurance.
Nev. Rev. Stat. § 689C.109 — NV Code / Title 57 / Chapter 689C / Section 689C.109
Certain plan, fund or program established or maintained by partnership required 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 this chapter:

1. Any plan, fund or program which would not be, but for section 2721(e) 1 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 a 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 the provisions of subsection 2, as an employee welfare benefit plan that 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.

1 42 U.S.C.A. § 300gg-21(e)
Nev. Rev. Stat. § 689B.0383 — NV Code / Title 57 / Chapter 689B / Section 689B.0383
Reimbursement for treatments by licensed marriage and family therapist or licensed clinical professional counselor
Status: in_force

If any policy of group health insurance provides coverage for treatment of an illness which is within the authorized scope of practice of a licensed marriage and family therapist or licensed clinical professional counselor, the insured is entitled to reimbursement for treatment by a marriage and family therapist or clinical professional counselor who is licensed pursuant to chapter 641A of NRS .
Nev. Rev. Stat. § 682A.173 — NV Code / Title 57 / Chapter 682A / Section 682A.173
“Qualified exchange” defined
Status: in_force

“ Qualified exchange ” means:

1. A securities exchange registered as a national securities exchange or a securities market regulated in accordance with the Securities Exchange Act of 1934, 15 U.S.C. §§ 78a et seq., as amended;

2. A board of trade or commodities exchange designated as a contract market by the United States Commodity Futures Trading Commission or any successor thereof;

3. Private Offerings, Resales and Trading through Automated Linkages, otherwise known as PORTAL;

4. A designated offshore securities market as defined in Securities Exchange Commission Regulation S, 17 C.F.R. Part 230 , as amended; or

5. A qualified foreign exchange.
Nev. Rev. Stat. § 694C.250 — NV Code / Title 57 / Chapter 694C / Section 694C.250
Capital or surplus required: Amount; form; Commissioner authorized to prescribe additional requirements; letter of credit; use of surplus note
Status: in_force

1. A captive insurer must not be issued a license, and shall not hold a license, unless the captive insurer has and maintains, in addition to any other capital or surplus required to be maintained pursuant to subsection 3, unimpaired paid-in capital and unencumbered surplus of: (a) For a pure captive insurer, not less than $200,000; (b) For an association captive insurer, not less than $500,000; (c) For an agency captive insurer, not less than $600,000; (d) For a rental captive insurer, not less than $800,000; (e) For a sponsored captive insurer, not less than $500,000; and (f) For a state-chartered risk retention group, not less than $500,000.

2. Except as otherwise provided by the Commissioner pursuant to subsection 3, the capital and surplus required to be maintained pursuant to this section must be in the form of cash or an irrevocable letter of credit.

3. The Commissioner may prescribe additional requirements relating to capital or surplus based on the type, volume and nature of the insurance business that is transacted by the captive insurer and requirements regarding which capital and surplus, if any, may be in the form of an irrevocable letter of credit.

4. A letter of credit used by a captive insurer as evidence of capital and surplus required pursuant to this section must: (a) Be issued by a bank chartered by this State or a bank that is a member of the United States Federal Reserve System and has been approved by the Commissioner; and (b) Include a provision pursuant to which the letter of credit is automatically renewable each year, unless the issuer gives written notice to the Commissioner and the captive insurer at least 90 days before the expiration date.

5. A surplus note used by a captive insurer as evidence of capital and surplus required pursuant to this section must: (a) Be subject to strict control by the Commissioner and have been approved by the Commissioner as to form and content. (b) Be subordinate to: (1) Policyholders; (2) Claims by claimants and beneficiaries under policies; and (3) All other classes of creditors pursuant to paragraph (k) of subsection 1 of NRS 696B.420 . (c) Require prior approval of the Commissioner for any: (1) Payment of interest; and (2) Repayment of principal. (d) Be accompanied by proceeds which are received by the captive insurer in the form of: (1) Cash; or (2) Other assets that: (I) Are acceptable to the Commissioner; (II) Have values that are readily determined; and (III) Have liquidity that is satisfactory to the Commissioner. (e) Be accounted for in such a manner that interest shall not be recorded as a liability or an expense until approval for payment of such interest has been granted by the Commissioner.
Nev. Rev. Stat. § 695B.060 — NV Code / Title 57 / Chapter 695B / Section 695B.060
Directors: Qualifications
Status: in_force

1. A majority of the board of directors of a corporation providing or rendering hospital services shall be persons who are not duly appointed representatives of hospitals with which the corporation has contracts for the rendering of hospital services.

2. A majority of the board of directors of a corporation providing medical services shall be persons who are not physicians or duly appointed representatives of the physicians who have signed participating agreements with the corporation for the rendering of medical services.

3. A majority of the board of directors of a corporation providing dental services shall be persons who are not dentists or duly appointed representatives of the dentists who have signed participating agreements with the corporation for the rendering of dental services.

4. This section does not apply to any duly appointed representative of a hospital, physician or dentist who is a member of the board of directors of a corporation on July 1, 1977. Such a person may continue to serve as a member of the board of directors until the term of the person expires.
Nev. Rev. Stat. § 690D.180 — NV Code / Title 57 / Chapter 690D / Section 690D.180
Requiring purchase of waiver as condition of sale, lease or terms or approval of credit prohibited
Status: in_force

A creditor shall not require the purchase of a guaranteed asset protection waiver as a condition for the approval of credit, the terms of the credit or the terms of the sale or lease of a vehicle covered by the finance agreement.
Nev. Rev. Stat. § 691E.320 — NV Code / Title 57 / Chapter 691E / Section 691E.320
Provision of information concerning travel insurance offered through certain Internet websites; conditions authorized to be imposed on purchase of certain trip or travel packages when destination jurisdiction requires travel insurance coverage
Status: in_force

1. If travel insurance is marketed directly to a prospective purchaser by an insurer through the Internet website of the insurer or by a person through an aggregator site, the insurer or person may provide on the Internet website or aggregator site an accurate summary or short description of the travel insurance coverage, so long as the prospective purchaser has access to the full provisions of the policy of travel insurance by electronic means.

2. If a producer of limited lines travel insurance or travel retailer offers a trip or travel package to a prospective purchaser and the destination jurisdiction of the prospective purchaser requires travel insurance coverage, the producer of limited lines travel insurance or travel retailer may require the prospective purchaser, as a condition of purchasing the trip or travel package, to choose between: (a) Purchasing the coverage required by the destination jurisdiction through the producer of limited lines travel insurance or travel retailer supplying the trip or travel package; or (b) Agreeing to obtain and provide proof of coverage that meets the requirements of the destination jurisdiction before departure.
Nev. Rev. Stat. § 689B.068 — NV Code / Title 57 / Chapter 689B / Section 689B.068
Insurer prohibited from denying coverage solely because claim involves act that constitutes domestic violence or applicant or insured was victim of domestic violence
Status: in_force

An insurer shall not deny a claim, refuse to issue a policy of group health insurance or cancel a policy of group health insurance solely because the claim involves an act that constitutes domestic violence pursuant to NRS 33.018 , or because the person applying for or covered by the policy of group health insurance was the victim of such an act of domestic violence, regardless of whether the insured or applicant contributed to any loss or injury.
Nev. Rev. Stat. § 680C.110 — NV Code / Title 57 / Chapter 680C / Section 680C.110
Fees
Status: in_force

1. In addition to any other fee or charge, the Commissioner shall collect in advance and receipt for, and persons so served must pay to the Commissioner, the fees required by this section.

2. A fee required by this section must be: (a) If an initial fee, paid at the time of an initial application or issuance of a license, as applicable; (b) Except as otherwise provided in NRS 680A.180 , 683A.378 , 686A.380 , 690C.160 , 694C.230 , 695A.080 , 695B.135 , 695D.150 , 695H.090 and 696A.150 , if an annual fee, paid on or before the date established by regulation of the Commissioner; (c) If a triennial fee, paid on or before the time of continuation, renewal or other similar action in regard to a certificate, license, permit or other type of authorization, as applicable; and (d) Deposited in the Fund for Insurance Administration and Enforcement created by NRS 680C.100 .

3. The fees required pursuant to this section are not refundable.

4. The following fees must be paid by the following persons to the Commissioner: (a) Associations of self-insured private employers, as defined in NRS 616A.050 : (1) Initial fee $1,300 (2) Annual fee $1,300 (b) Associations of self-insured public employers, as defined in NRS 616A.055 : (1) Initial fee $1,300 (2) Annual fee $1,300 (c) Independent review organizations, as provided for in NRS 616A.469 or 683A.3715 , or both: (1) Initial fee $60 (2) Annual fee $60 (d) Producers of insurance, as defined in NRS 679A.117 : (1) Initial fee $60 (2) Triennial fee $60 (e) Reinsurers, as provided for in NRS 681A.1551 or 681A.160 , as applicable: (1) Initial fee $1,300 (2) Annual fee $1,300 (f) Intermediaries, as defined in NRS 681A.330 : (1) Initial fee $60 (2) Triennial fee $60 (g) Reinsurers, as defined in NRS 681A.370 : (1) Initial fee $1,300 (2) Annual fee $1,300 (h) Administrators, as defined in NRS 683A.025 : (1) Initial fee $60 (2) Triennial fee $60 (i) Managing general agents, as defined in NRS 683A.060 : (1) Initial fee $60 (2) Triennial fee $60 (j) Agents who perform utilization reviews, as defined in NRS 683A.376 : (1) Initial fee $60 (2) Annual fee $60 (k) Insurance consultants, as defined in NRS 683C.010 : (1) Initial fee $60 (2) Triennial fee $60 (l) Independent adjusters, as defined in NRS 684A.030 : (1) Initial fee $60 (2) Triennial fee $60 (m) Public adjusters, as defined in NRS 684A.030 : (1) Initial fee $60 (2) Triennial fee $60 (n) Motor vehicle physical damage appraisers, as defined in NRS 684B.010 : (1) Initial fee $60 (2) Triennial fee $60 (o) Brokers, as defined in NRS 685A.031 : (1) Initial fee $60 (2) Triennial fee $60 (p) Companies, as defined in NRS 686A.330 : (1) Initial fee $1,300 (2) Annual fee $1,300 (q) Rate service organizations, as defined in NRS 686B.020 : (1) Initial fee $1,300 (2) Annual fee $1,300 (r) Brokers of viatical settlements, as defined in NRS 688C.030 : (1) Initial fee $60 (2) Annual fee $60 (s) Providers of viatical settlements, as defined in NRS 688C.080 : (1) Initial fee $60 (2) Annual fee $60 (t) Agents for prepaid burial contracts subject to the provisions of chapter 689 of NRS : (1) Initial fee $60 (2) Triennial fee $60 (u) Agents for prepaid funeral contracts subject to the provisions of chapter 689 of NRS : (1) Initial fee $60 (2) Triennial fee $60 (v) Sellers of prepaid burial contracts subject to the provisions of chapter 689 of NRS : (1) Initial fee $60 (2) Triennial fee $60 (w) Sellers of prepaid funeral contracts subject to the provisions of chapter 689 of NRS : (1) Initial fee $60 (2) Triennial fee $60 (x) Providers, as defined in NRS 690C.070 : (1) Initial fee $1,300 (2) Annual fee $1,300 (y) Escrow officers, as defined in NRS 692A.028 : (1) Initial fee $60 (2) Triennial fee $60 (z) Title agents, as defined in NRS 692A.060 : (1) Initial fee $60 (2) Triennial fee $60 (aa) Captive insurers, as defined in NRS 694C.060 : (1) Initial fee $250 (2) Annual fee $250 (bb) Purchasing groups, as defined in NRS 695E.100 : (1) Initial fee $250 (2) Annual fee $250 (cc) Risk retention groups, as defined in NRS 695E.110 : (1) Initial fee $250 (2) Annual fee $250 (dd) Medical discount plans, as defined in NRS 695H.050 : (1) Initial fee $1,300 (2) Annual fee $1,300 (ee) Club agents, as defined in NRS 696A.040 : (1) Initial fee $60 (2) Triennial fee $60 (ff) Motor clubs, as defined in NRS 696A.050 : (1) Initial fee $1,300 (2) Annual fee $1,300 (gg) Bail agents, as defined in NRS 697.040 : (1) Initial fee $60 (2) Triennial fee $60 (hh) Bail enforcement agents, as defined in NRS 697.055 : (1) Initial fee $60 (2) Triennial fee $60 (ii) Bail solicitors, as defined in NRS 697.060 : (1) Initial fee $60 (2) Triennial fee $60 (jj) General agents, as defined in NRS 697.070 : (1) Initial fee $60 (2) Triennial fee $60 (kk) Exchange enrollment facilitators, as defined in NRS 695J.050 : (1) Initial fee $60 (2) Triennial fee $60

5. An initial fee of $1,000 must be paid to the Commissioner by each: (a) Insurer who is authorized to transact casualty insurance, as defined in NRS 681A.020 ; (b) Insurer who is authorized to transact health insurance, as defined in NRS 681A.030 ; (c) Insurer who is authorized to transact life insurance, as defined in NRS 681A.040 ; (d) Insurer who is authorized to transact property insurance, as defined in NRS 681A.060 ; (e) Title insurer, as defined in NRS 692A.070 ; (f) Fraternal benefit society, as defined in NRS 695A.010 ; (g) Corporation subject to the provisions of chapter 695B of NRS ; (h) Health maintenance organization, as defined in NRS 695C.030 ; (i) Organization for dental care, as defined in NRS 695D.060 ; and (j) Prepaid limited health service organization, as defined in NRS 695F.050 .

6. An insurer who is required to pay an initial fee of $1,000 pursuant to subsection 5 shall also pay to the Commissioner an annual fee in an amount determined by the Commissioner. When determining the amount of the annual fee, the Commissioner must consider: (a) The direct written premiums reported to the Commissioner by the insurer during the previous year; (b) The number of insurers who are required to pay an annual fee pursuant to this subsection; (c) The direct written premiums reported during the previous year by all insurers paying such fees; and (d) The budget of the Division.

7. An insurer who is not required to pay an initial or annual fee pursuant to subsection 4 or subsections 5 and 6 shall pay to the Commissioner an initial fee of $1,300 and an annual fee of $1,300.
Nev. Rev. Stat. § 695D.2153 — NV Code / Title 57 / Chapter 695D / Section 695D.2153
Claims: Organization for dental care or administrator prohibited from denying claim for which prior authorization has been granted; exceptions
Status: in_force

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

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

3. As used in this section: (a) “ Medically necessary ” means dental care that a prudent dentist would provide to a patient to prevent, diagnose or treat an illness, injury or disease, or any symptoms thereof, that is necessary and: (1) Provided in accordance with generally accepted standards of dental practice; (2) Clinically appropriate with regard to type, frequency, extent, location and duration; (3) Not primarily provided for the convenience of the patient or dentist; (4) Required to improve a specific dental condition of a patient or to preserve the existing state of oral health of the patient; and (5) The most clinically appropriate level of dental care that may be safely provided to the patient. (b) “ Prior authorization ” means any communication issued by an organization for dental care or the administrator of a dental plan in response to a request by a dentist in the form prescribed by the organization for dental care or administrator, as applicable, which indicates that specific dental care provided to a patient is: (1) Covered under the plan for dental care issued to the member; and (2) Reimbursable in a specific amount, subject to applicable deductibles, copayments and coinsurance.
Nev. Rev. Stat. § 679B.050 — NV Code / Title 57 / Chapter 679B / Section 679B.050
Official seal
Status: in_force

The Division shall have an official seal, in form and design as designated by the Commissioner and on file in the Office of the Secretary of State.
Nev. Rev. Stat. § 686B.070 — NV Code / Title 57 / Chapter 686B / Section 686B.070
Filing of rates, forms of related policies and supplementary information and any changes and amendments thereof with Commissioner
Status: in_force

1. Every authorized insurer and every rate service organization licensed under NRS 686B.140 which has been designated by any insurer for the filing of rates under subsection 2 of NRS 686B.090 shall file with the Commissioner all: (a) Rates and proposed increases thereto; (b) Forms of policies to which the rates apply; (c) Supplementary rate information; and (d) Changes and amendments thereof, made by it for use in this state.

2. A filing made pursuant to this section must include a proposed effective date and must be filed not less than 30 days before that proposed effective date, except that a filing for a proposed increase or decrease in a rate may include a request that the Commissioner authorize an effective date that is earlier than the proposed effective date.

3. If an insurer makes a filing for a proposed increase in a rate for insurance covering the liability of a practitioner licensed pursuant to chapter 630, 631, 632 or 633 of NRS for a breach of the practitioner's professional duty toward a patient, the insurer shall not include in the filing any component that is directly or indirectly related to the following: (a) Capital losses, diminished cash flow from any dividends, interest or other investment returns, or any other financial loss that is materially outside of the claims experience of the professional liability insurance industry, as determined by the Commissioner. (b) Losses that are the result of any criminal or fraudulent activities of a director, officer or employee of the insurer. If the Commissioner determines that a filing includes any such component, the Commissioner shall, pursuant to NRS 686B.110 , disapprove the proposed increase, in whole or in part, to the extent that the proposed increase relies upon such a component.

4. If an insurer makes a filing for a proposed increase in a rate for a health benefit plan, as that term is defined in NRS 687B.470 , the filing must include a unified rate review template, a written description justifying the rate increase and any rate filing documentation.

5. As used in this section, “rate filing documentation,” “unified rate review template” and “written description justifying the rate increase” have the meanings ascribed in 45 C.F.R. § 154.215 .
Nev. Rev. Stat. § 689A.210 — NV Code / Title 57 / Chapter 689A / Section 689A.210
Misstatement of age
Status: in_force

There may be a provision as follows:

Misstatement of Age: If the age of the insured has been misstated, all amounts payable under this policy shall be such as the premium paid would have purchased at the correct age.
Nev. Rev. Stat. § 695D.150 — NV Code / Title 57 / Chapter 695D / Section 695D.150
Certificate of authority: Expiration; renewal; fees
Status: in_force

A certificate of authority expires at midnight on March 1 following the date it was issued or previously renewed. The Commissioner shall renew the certificate of any organization for dental care which:

1. Continues to comply with the provisions of this chapter; and

2. Pays the fee for renewal of $2,450 and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110 .
Nev. Rev. Stat. § 679B.185 — NV Code / Title 57 / Chapter 679B / Section 679B.185
Administrative fine for willfully engaging in unauthorized transaction of insurance: Limitation; enforcement
Status: in_force

1. If any person willfully engages in the unauthorized transaction of insurance, the Commissioner may impose an administrative fine of not more than $10,000 for each act or violation.

2. An administrative fine imposed pursuant to this section is in addition to any other administrative fine or penalty provided for in this title, except a fine or penalty imposed pursuant to NRS 686A.183 , 686A.187 , 696B.500 or 696B.520 .

3. If the administrative fine is not paid when due, the fine must be recovered in a civil action brought by the Attorney General on behalf of the Commissioner.

4. Except as otherwise provided by specific statute, the Commissioner shall commence a proceeding to impose an administrative fine pursuant to subsection 1 not later than 5 years after the date on which the act or violation occurred.
Nev. Rev. Stat. § 689.570 — NV Code / Title 57 / Chapter 689 / Section 689.570
Prepaid contracts: Distributions from corpus of trust fund
Status: in_force

1. The corpus of all money deposited in the burial merchandise and service trust fund must be kept unimpaired until the prepaid contract is performed on the death of the person for whose benefit the contract was made, or the contract is otherwise terminated and distribution or disposition of money in the trust fund is made as authorized in accordance with applicable law and the rights of interested persons.

2. Upon receiving a certified copy of a death certificate or a certification by the cemetery authority that a particular prepaid contract has been fully performed, the trustee of the burial merchandise and service trust fund shall pay all money in the trust fund for that contract to the cemetery authority.

3. The trustee shall not make any payments out of the trust fund unless the trustee receives a death certificate or certification as provided in subsection 2. In paying out money in such circumstances, the trustee may rely upon all such death certificates and certifications presented to the trustee which appear valid on their faces, and the trustee is not liable to any person for paying out money upon such reliance.
Nev. Rev. Stat. § 689A.240 — NV Code / Title 57 / Chapter 689A / Section 689A.240
Relation of earnings to insurance
Status: in_force

1. There may be a provision as follows: Relation of Earnings to Insurance: After the loss-of-time benefit of this policy has been payable for 90 days, such benefit will be adjusted, as provided below, if the total amount of unadjusted loss-of-time benefits provided in all valid loss-of-time coverage upon the insured should exceed _____ percent of the insured's earned income; provided, however, that if the information contained in the application discloses that the total amount of loss-of-time benefits under this policy and under all other valid loss-of-time coverage expected to be effective upon the insured in accordance with the application for this policy exceeded _____ percent of the insured's earned income at the time of such application, such higher percentage will be used in place of _____ percent. Such adjusted loss-of-time benefit under this policy for any month shall be only such proportion of the loss-of-time benefit otherwise payable under this policy as (a) the product of the insured's earned income and _____ percent (or, if higher the alternative percentage described at the end of the first sentence of this provision) bears to (b) the total amount of loss-of-time benefits payable for such month under this policy and all other valid loss-of-time coverage on the insured (without giving effect to the “overinsurance provision” in this or any other coverage) less in both (a) and (b) any amount of loss-of-time benefits payable under other valid loss-of-time coverage which does not contain an “overinsurance provision.” In making such computation, all benefits and earnings shall be converted to a consistent (insert “weekly” if the loss-of-time benefit of this policy is payable weekly, “monthly” if such benefit is payable monthly, etc.) basis. If the numerator of the foregoing ratio is zero or is negative, no benefit shall be payable under this policy. In no event shall this provision (1) operate to reduce the total combined amount of loss-of-time benefits for such month payable under this policy and all other valid loss-of-time coverage below the lesser of $300 and the total combined amount of loss-of-time benefits determined without giving effect to any “coordination of benefits provision,” nor (2) operate to increase the amount of benefits payable under this policy above the amount which would have been paid in the absence of this provision, nor (3) take into account or operate to reduce any benefit other than the loss-of-time benefit. For purposes of this provision: (A) “Earned income,” except where otherwise specified, means the greater of the monthly earnings of the insured at the time disability commences and the average monthly earnings of the insured for a period of 2 years immediately preceding the commencement of such disability, and shall not include any investment income or any other income not derived from the insured's vocational activities. (B) “Coordination of benefits provision” includes this provision and any other provision with respect to any loss-of-time coverage which may have the effect of reducing an insurer's liability if the total amount of loss-of-time benefits under all coverage exceeds a stated relationship to the insured's earnings.

2. If the policy provision stated in subsection 1 is included in a policy which also contains the policy provision stated in NRS 689A.230 , there shall be added to the caption of the provision stated in subsection 1 the phrase “loss-of-time benefits.”

3. The foregoing provision may be included only in a policy which provides a loss-of-time benefit which may be payable for at least 52 weeks, which is issued on the basis of selective underwriting of each individual application, and for which the application includes a question designed to elicit information necessary either to determine the ratio of the total loss-of-time benefits of the insured to the insured's earned income or to determine that such ratio does not exceed the percentage of earnings, not less than 60 percent selected by the insurer and inserted in lieu of the blank factor above. The insurer may require, as part of the proof of claim, the information necessary to administer this provision. If the application indicates that other loss-of-time coverage is to be discontinued, the amount of such other coverage shall be excluded in computing the alternative percentage in the first sentence of the overinsurance provision. The policy shall include a definition of “valid loss-of-time coverage,” approved as to form by the Commissioner, which definition shall not include group insurance, benefits provided by union welfare plans, employer or employee benefit plans, workers’ compensation or employer's liability statute or third-party liability. The insurer shall not include a subrogation clause in the policy.

4. If by application of any of the foregoing provisions the insurer effects a material reduction of benefits otherwise payable under the policy, the insurer shall refund to the insured any premium unearned on the policy by reason of such reduction of coverage during the policy year current and that next preceding at the time the loss commenced, subject to the insurer's right to provide in the policy that no such reduction of benefits or refund will be made unless the unearned premium to be so refunded amounts to $5 or such larger sum as the insurer may so specify.
Nev. Rev. Stat. § 695G.400 — NV Code / Title 57 / Chapter 695G / Section 695G.400
Managed care organization prohibited from restricting or interfering with certain communications between provider of health care and patient
Status: in_force

A managed care organization shall not restrict or interfere with any communication between a provider of health care and a patient of the provider of health care regarding any information that the provider of health care determines is relevant to the health care of the patient.
Nev. Rev. Stat. § 689B.045 — NV Code / Title 57 / Chapter 689B / Section 689B.045
Reimbursement for services provided by certain nurses
Status: in_force

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

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

3. An insurer is not required to pay for services provided by such a registered nurse which duplicate services provided by another provider of health care.
Nev. Rev. Stat. § 695G.030 — NV Code / Title 57 / Chapter 695G / Section 695G.030
“Insured” defined
Status: in_force

“ Insured ” means a person who receives benefits under a health care plan.
Nev. Rev. Stat. § 694C.455 — NV Code / Title 57 / Chapter 694C / Section 694C.455
Tax on premiums: Applicable only to branch business of branch captive insurer
Status: in_force

The tax required pursuant to NRS 694C.450 applies only to the branch business of the branch captive insurer.
Nev. Rev. Stat. § 689C.065 — NV Code / Title 57 / Chapter 689C / Section 689C.065
“Eligible employee” defined
Status: in_force

1. “ Eligible employee ” means a permanent employee who has a regular working week of 30 or more hours.

2. The term includes a sole proprietor, a partner of a partnership or an employee of a professional employer organization, if the sole proprietor, partner or employee of the professional employer organization is included as an employee under a health benefit plan of a small employer.
Nev. Rev. Stat. § 690A.045 — NV Code / Title 57 / Chapter 690A / Section 690A.045
Amounts of credit life insurance
Status: in_force

1. Except as otherwise provided in this section, the amount of credit life insurance must not exceed the greater of the actual net debt or the scheduled net debt.

2. If coverage is written on the actual net debt, the amount payable at the time of loss must not be less than the actual net debt less any payments that are more than 2 months past due.

3. If the coverage is written on any scheduled net debt, the amount payable at the time of loss must not be less than: (a) If the actual net debt is less than or equal to the scheduled net debt, the scheduled net debt; (b) If the actual net debt is greater than the scheduled net debt but less than or equal to the scheduled net debt plus 2 months of payments, the actual net debt; or (c) If the actual net debt is greater than the scheduled net debt plus 2 months of payments, the scheduled net debt plus 2 months of payments.

4. If a premium is assessed to the debtor on a monthly basis and is based on the actual net debt, the amount payable at the time of loss must not be less than the actual net debt on the date of death. If the premium is based on a balance that does not include accrued past due interest, the amount payable at the time of loss must not be less than the actual net debt less any accrued interest that is more than 2 months past due.

5. Insurance on agricultural loan commitments that do not exceed 1 year in duration may be written for not more than the amount of the loan on a nondecreasing or level term plan.

6. Insurance on educational loan commitments may be written for the net unpaid debt plus any unused commitment.

7. Coverage may be written for less than the net debt through the following methods: (a) The amount of insurance may be the lesser of a stated level amount and the amount determined in accordance with subsection 2; (b) The amount of insurance may be the lesser of a stated level amount and the amount determined in accordance with subsection 3; (c) The amount of insurance may be a constant percentage of the amount determined in accordance with subsection 2; (d) The amount of insurance may be a constant percentage of the amount determined in accordance with subsection 3; or (e) In the absence of any exclusions for a preexisting condition, the amount of insurance payable in the event of death by natural causes may be limited to the balance as it existed 6 months before the date of death if: (1) There have been one or more increases in the outstanding balance during the 6-month period other than increases resulting from the accrual of interest or late charges; and (2) Evidence of individual insurability has not been required during the 6-month period.

8. Other kinds of insurance may be used if those kinds are not inconsistent with the provisions of this section.
Nev. Rev. Stat. § 695E.210 — NV Code / Title 57 / Chapter 695E / Section 695E.210
Applicability of other provisions; fines and penalties for violation of chapter by risk retention group
Status: in_force

1. The provisions of chapters 683A and 685A of NRS apply to any person acting, or offering to act, as an agent or broker for: (a) A purchasing group; (b) A member of a purchasing group under the group policy; or (c) A risk retention group transacting insurance in this State.

2. Except as otherwise provided in this chapter, the provisions of chapter 679B of NRS apply to purchasing groups and risk retention groups, and to the provisions of this chapter, to the extent that the provisions of chapter 679B of NRS are not specifically preempted by the Product Liability Risk Retention Act of 1981, 1 as amended by the Risk Retention Amendments of 1986.

3. A risk retention group that violates any provision of this chapter is subject to the fines and penalties, including revocation of its right to do business in this state, applicable to licensed insurers under this title.

1 15 U.S.C.A. § 3901 et seq.
Nev. Rev. Stat. § 696B.430 — NV Code / Title 57 / Chapter 696B / Section 696B.430
Subordination of claims for failure to cooperate
Status: in_force

If an ancillary receiver in another state or foreign country, by whatever name called, fails to transfer to the domiciliary liquidator in this state any assets within the control of the ancillary receiver other than special deposits, diminished only by the expenses, if any, of the ancillary receivership, claims filed in the ancillary receivership, other than special deposit claims or secured claims, must be placed in the class of claims specified in paragraph (j) of subsection 1 of NRS 696B.420 .
Nev. Rev. Stat. § 686A.030 — NV Code / Title 57 / Chapter 686A / Section 686A.030
Misrepresentation and false or misleading advertising of policies prohibited
Status: in_force

A person shall not make, issue, circulate or cause to be made, issued or circulated, any estimate, illustration, circular, statement, sales presentation or comparison which:

1. Misrepresents the benefits, advantages, conditions or terms of any insurance policy;

2. Misrepresents the dividends or share of the surplus to be received on any insurance policy;

3. Makes any false or misleading statement as to the dividends or share of surplus previously paid on any insurance policy;

4. Is misleading or is a misrepresentation as to the financial condition of any person, or as to the legal reserve system upon which any life insurer operates;

5. Uses any name or title of any policy or class of insurance policies misrepresenting the true nature thereof;

6. Is a misrepresentation for the purpose of inducing or tending to induce the lapse, forfeiture, exchange, conversion or surrender of any insurance policy;

7. Is a misrepresentation for the purpose of effecting a pledge or assignment of or effecting a loan against any insurance policy; or

8. Misrepresents any insurance policy as being shares of stock.
Nev. Rev. Stat. § 690C.300 — NV Code / Title 57 / Chapter 690C / Section 690C.300
Regulations
Status: in_force

The Commissioner may adopt such regulations as are necessary to carry out the provisions of this chapter.
Nev. Rev. Stat. § 680A.230 — NV Code / Title 57 / Chapter 680A / Section 680A.230
Applicability of general corporation laws to foreign insurers; exception
Status: in_force

The general corporation laws of this state do not apply to foreign insurers holding certificates of authority to transact insurance in this state, except as otherwise provided in NRS 80.190 .
Nev. Rev. Stat. § 686B.1774 — NV Code / Title 57 / Chapter 686B / Section 686B.1774
Commissioner required to determine whether interaction among insurers and employers for buying and selling industrial insurance is competitive
Status: in_force

1. The Commissioner shall determine whether the interaction among insurers and employers for the buying and selling of industrial insurance is competitive. Competition among these insurers is presumed to exist unless the Commissioner specifically finds, after a hearing and review of the structure, performance and conduct of the insurers, that there is no reasonable degree of competition among them and that the interaction is not competitive. Any finding by the Commissioner that there is no competition among the insurers and that the interaction is not competitive, expires 1 year after the date it is issued.

2. To determine whether competition exists among insurers, the Commissioner shall review existing information available to the Commissioner or participate in the development of new sources of such information. The Commissioner may conduct his or her own studies, cooperate with knowledgeable officers in other states, hire outside consultants or conduct studies in any other appropriate manner.
Nev. Rev. Stat. § 688A.210 — NV Code / Title 57 / Chapter 688A / Section 688A.210
Annuities: Entire contract
Status: in_force

In an annuity or pure endowment contract, other than a reversionary, survivorship or group annuity, there shall be a provision that the contract shall constitute the entire contract between the parties or, if a copy of the application is endorsed upon or attached to the contract when issued, a provision that the contract and the application therefor shall constitute the entire contract between the parties.
Nev. Rev. Stat. § 687B.878 — NV Code / Title 57 / Chapter 687B / Section 687B.878
Reporting of premiums written in this State for policies of stop-loss insurance
Status: in_force

An insurer authorized in this State to issue policies or contracts of property and casualty insurance, accident and health insurance or health insurance shall report to the Commissioner any premiums written in this State by the insurer for policies of stop-loss insurance. The insurer shall report the premiums:

1. With the annual statement filed by the insurer pursuant to NRS 680A.270 ; and

2. In the manner prescribed by the Commissioner.
Nev. Rev. Stat. § 693A.630 — NV Code / Title 57 / Chapter 693A / Section 693A.630
Conversion of mutual insurance holding company to domestic stock insurance company not prohibited
Status: in_force

Nothing contained in NRS 693A.550 to 693A.665 , inclusive, prohibits a mutual insurance holding company from converting to a domestic stock insurance company pursuant to NRS 693A.400 to 693A.540 , inclusive.
Nev. Rev. Stat. § 689B.0306 — NV Code / Title 57 / Chapter 689B / Section 689B.0306
Required provision concerning coverage for certain treatment received as part of clinical trial or study for treatment of cancer or chronic fatigue syndrome; authority of insurer to require certain information; immunity from liability
Status: in_force

1. A policy of group health insurance must provide coverage for medical treatment which a person insured under the group policy receives as part of a clinical trial or study if: (a) The medical treatment is provided in a Phase I, Phase II, Phase III or Phase IV study or clinical trial for the treatment of cancer or in a Phase II, Phase III or Phase IV study or clinical trial for the treatment of chronic fatigue syndrome; (b) The clinical trial or study is approved by: (1) An agency of the National Institutes of Health as set forth in 42 U.S.C. § 281(b) ; (2) A cooperative group; (3) The Food and Drug Administration as an application for a new investigational drug; (4) The United States Department of Veterans Affairs; or (5) The United States Department of Defense; (c) In the case of: (1) A Phase I clinical trial or study for the treatment of cancer, the medical treatment is provided at a facility authorized to conduct Phase I clinical trials or studies for the treatment of cancer; or (2) A Phase II, Phase III or Phase IV study or clinical trial for the treatment of cancer or chronic fatigue syndrome, the medical treatment is provided by a provider of health care and the facility and personnel for the clinical trial or study have the experience and training to provide the treatment in a capable manner; (d) There is no medical treatment available which is considered a more appropriate alternative medical treatment than the medical treatment provided in the clinical trial or study; (e) There is a reasonable expectation based on clinical data that the medical treatment provided in the clinical trial or study will be at least as effective as any other medical treatment; (f) The clinical trial or study is conducted in this State; and (g) The insured has signed, before participating in the clinical trial or study, a statement of consent indicating that the insured has been informed of, without limitation: (1) The procedure to be undertaken; (2) Alternative methods of treatment; and (3) The risks associated with participation in the clinical trial or study, including, without limitation, the general nature and extent of such risks.

2. Except as otherwise provided in subsection 3, the coverage for medical treatment required by this section is limited to: (a) Coverage for any drug or device that is approved for sale by the Food and Drug Administration without regard to whether the approved drug or device has been approved for use in the medical treatment of the insured person. (b) The cost of any reasonably necessary health care services that are required as a result of the medical treatment provided in a Phase II, Phase III or Phase IV clinical trial or study or as a result of any complication arising out of the medical treatment provided in a Phase II, Phase III or Phase IV clinical trial or study, to the extent that such health care services would otherwise be covered under the policy of group health insurance. (c) The cost of any routine health care services that would otherwise be covered under the policy of group health insurance for an insured participating in a Phase I clinical trial or study. (d) The initial consultation to determine whether the insured is eligible to participate in the clinical trial or study. (e) Health care services required for the clinically appropriate monitoring of the insured during a Phase II, Phase III or Phase IV clinical trial or study. (f) Health care services which are required for the clinically appropriate monitoring of the insured during a Phase I clinical trial or study and which are not directly related to the clinical trial or study. Except as otherwise provided in NRS 689B.0303 , the services provided pursuant to paragraphs (b), (c), (e) and (f) must be covered only if the services are provided by a provider with whom the insurer has contracted for such services. If the insurer has not contracted for the provision of such services, the insurer shall pay the provider the rate of reimbursement that is paid to other providers with whom the insurer has contracted for similar services and the provider shall accept that rate of reimbursement as payment in full.

3. Particular medical treatment described in subsection 2 and provided to a person insured under the group policy is not required to be covered pursuant to this section if that particular medical treatment is provided by the sponsor of the clinical trial or study free of charge to the person insured under the group policy.

4. The coverage for medical treatment required by this section does not include: (a) Any portion of the clinical trial or study that is customarily paid for by a government or a biotechnical, pharmaceutical or medical industry. (b) Coverage for a drug or device described in paragraph (a) of subsection 2 which is paid for by the manufacturer, distributor or provider of the drug or device. (c) Health care services that are specifically excluded from coverage under the insured's policy of group health insurance, regardless of whether such services are provided under the clinical trial or study. (d) Health care services that are customarily provided by the sponsors of the clinical trial or study free of charge to the participants in the trial or study. (e) Extraneous expenses related to participation in the clinical trial or study including, without limitation, travel, housing and other expenses that a participant may incur. (f) Any expenses incurred by a person who accompanies the insured during the clinical trial or study. (g) Any item or service that is provided solely to satisfy a need or desire for data collection or analysis that is not directly related to the clinical management of the insured. (h) Any costs for the management of research relating to the clinical trial or study.

5. An insurer who delivers or issues for delivery a policy of group health insurance specified in subsection 1 may require copies of the approval or certification issued pursuant to paragraph (b) of subsection 1, the statement of consent signed by the insured, protocols for the clinical trial or study and any other materials related to the scope of the clinical trial or study relevant to the coverage of medical treatment pursuant to this section.

6. An insurer who delivers or issues for delivery a policy of group health insurance specified in subsection 1 shall: (a) Include in any disclosure of the coverage provided by the policy notice to each group policyholder of the availability of the benefits required by this section. (b) Provide the coverage required by this section subject to the same deductible, copayment, coinsurance and other such conditions for coverage that are required under the policy.

7. A policy of group health insurance subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 2006, has the legal effect of including the coverage required by this section, and any provision of the policy that conflicts with this section is void.

8. An insurer who delivers or issues for delivery a policy of group health insurance specified in subsection 1 is immune from liability for: (a) Any injury to the insured caused by: (1) Any medical treatment provided to the insured in connection with his or her participation in a clinical trial or study described in this section; or (2) An act or omission by a provider of health care who provides medical treatment or supervises the provision of medical treatment to the insured in connection with his or her participation in a clinical trial or study described in this section. (b) Any adverse or unanticipated outcome arising out of an insured's participation in a clinical trial or study described in this section.

9. As used in this section: (a) “ Cooperative group ” means a network of facilities that collaborate on research projects and has established a peer review program approved by the National Institutes of Health. The term includes: (1) The Clinical Trials Cooperative Group Program; and (2) The Community Clinical Oncology Program. (b) “ Facility authorized to conduct Phase I clinical trials or studies for the treatment of cancer ” means a facility or an affiliate of a facility that: (1) Has in place a Phase I program which permits only selective participation in the program and which uses clear-cut criteria to determine eligibility for participation in the program; (2) Operates a protocol review and monitoring system which conforms to the standards set forth in the “Policies and Guidelines Relating to the Cancer Center Support Grant” published by the Cancer Centers Branch of the National Cancer Institute; (3) Employs at least two researchers and at least one of those researchers receives funding from a federal grant; (4) Employs at least three clinical investigators who have experience working in Phase I clinical trials or studies conducted at a facility designated as a comprehensive cancer center by the National Cancer Institute; (5) Possesses specialized resources for use in Phase I clinical trials or studies, including, without limitation, equipment that facilitates research and analysis in proteomics, genomics and pharmacokinetics; (6) Is capable of gathering, maintaining and reporting electronic data; and (7) Is capable of responding to audits instituted by federal and state agencies. (c) “ Provider of health care ” means: (1) A hospital; or (2) A person licensed pursuant to chapter 630, 631 or 633 of NRS .
Nev. Rev. Stat. § 687B.880 — NV Code / Title 57 / Chapter 687B / Section 687B.880
Exercise of reasonable diligence related to legitimacy and authority required before issuing policy of stop-loss insurance for group health plan
Status: in_force

1. An insurer intending to issue a policy of stop-loss insurance in this State to cover losses of a group health plan shall, before issuing the policy, exercise reasonable diligence to confirm that: (a) The underlying group health plan is legitimate; and (b) The entity offering the underlying group health plan is properly authorized to offer the group health plan.

2. If the underlying group health plan is a self-funded multiple employer welfare arrangement, the reasonable diligence required by subsection 1 includes, without limitation, ensuring that the self-funded multiple employer welfare arrangement is authorized to do business in this State pursuant to chapter 680A of NRS as a self-funded multiple employer welfare arrangement.
Nev. Rev. Stat. § 692C.190 — NV Code / Title 57 / Chapter 692C / Section 692C.190
Acquisition or merger: Contents of pre-acquisition statement
Status: in_force

The pre-acquisition statement to be filed with the Commissioner hereunder shall be made under oath or affirmation and shall contain the following:

1. The name and address of each person (hereinafter called the “acquiring party”) by whom or on whose behalf the merger or other acquisition of control referred to in subsection 1 of NRS 692C.180 is to be effected and, if such person is: (a) An individual, the individual's principal occupation and all offices and positions held by the individual during the past 5 years, and any conviction of crimes other than for minor traffic violations during the past 10 years. (b) Not an individual, a report of the nature of its business operations during the past 5 years or for such lesser period as such person and any predecessors thereof shall have been in existence, together with an informative description of the business intended to be done by such person and such person's subsidiaries, and a list of all individuals who are or who have been selected to become directors or executive officers of such person or who perform or will perform functions appropriate to such positions. Such list shall include for each such individual the information required by paragraph (a).

2. The source, nature and amount of the consideration used or to be used in effecting the merger or other acquisition of control, a description of any transaction wherein funds were or are to be obtained for any such purpose, and the identity of persons furnishing such consideration, but where a source of such consideration is a loan made in the lender's ordinary course of business, the identity of the lender shall remain confidential, if the person filing such statement so requests.

3. Fully audited financial information as to the earnings and financial condition of each acquiring party for the preceding 5 fiscal years of each such acquiring party (or for such lesser period as such acquiring party and any predecessors thereof shall have been in existence), and similar unaudited information as of a date not earlier than 90 days prior to the filing of the statement.

4. Any plans or proposals which each acquiring party may have to liquidate such insurer, to sell its assets or merge or consolidate it with any person, or to make any other material change in its business or corporate structure or management.

5. The number of shares of any security referred to in subsection 1 of NRS 692C.180 which each acquiring party proposes to acquire, and the terms of the offer, request, invitation, agreement or acquisition referred to in subsection 1 of NRS 692C.180 and a statement as to the method by which the fairness of the proposal was determined.

6. The amount of each class of any security referred to in subsection 1 of NRS 692C.180 which is beneficially owned or concerning which there is a right to acquire beneficial ownership by each acquiring party.

7. A full description of any contracts, arrangements or understandings with respect to any security referred to in subsection 1 of NRS 692C.180 in which any acquiring party is involved, including but not limited to transfer of any of the securities, joint ventures, loan or option arrangements, puts or calls, guarantees of loans, guarantees against loss or guarantees of profits, division of losses or profits or the giving or withholding of proxies. Such description shall identify the persons with whom such contracts, arrangements or understandings have been made.

8. A description of the purchase of any security referred to in subsection 1 of NRS 692C.180 during the 12 calendar months preceding the filing of the statement by any acquiring party, including the dates of purchase, names of the purchasers and consideration paid or agreed to be paid therefor.

9. A description of any recommendations to purchase any security referred to in subsection 1 of NRS 692C.180 made during the 12 calendar months preceding the filing of the statement by any acquiring party, or by anyone based upon interviews with or at the suggestion of such acquiring party.

10. Copies of all tenders, offers for, requests or invitations for tenders of, exchange offers for, and agreements to acquire or exchange any securities referred to in subsection 1, and, if distributed, additional soliciting material relating thereto.

11. The terms of any agreement, contract or understanding made with any broker-dealer, as to solicitation of securities referred to in subsection 1 of NRS 692C.180 , for tender, and the amount of any fees, commissions or other compensation to be paid to broker-dealers with regard thereto.

12. An agreement by the person required to file the statement that the person will file the annual report of enterprise risk required by NRS 692C.290 while control exists.

13. An acknowledgment by the person required to file the statement that the person, and all subsidiaries within its control in the insurance holding company system, will provide information to the Commissioner upon request as necessary to evaluate enterprise risk to the insurer.

14. Such additional information as the Commissioner may by rule or regulation prescribe as necessary or appropriate for the protection of policy holders and security holders of the insurer or for the protection of the public interest.

If the person required to file the statement referred to in this section is a partnership, limited partnership, syndicate or other group, the Commissioner may require that the information required by this section, be given with respect to each partner of such partnership or limited partnership, each member of such syndicate or group, and each person who controls such partner or member. If any such partner, member or person is a corporation or the person required to file the statement referred to in subsection 1 of NRS 692C.180 is a corporation, the Commissioner may require that the information required by this section, be given with respect to such corporation, each officer and director of such corporation, and each person who is directly or indirectly the beneficial owner of more than 10 percent of the outstanding voting securities of such corporation. If any material change occurs in the facts set forth in the statement filed with the Commissioner and sent to such insurer pursuant to this section, an amendment setting forth such change, together with copies of all documents and other material relevant to such change, shall be filed with the Commissioner and sent to such insurer within 2 business days after the person learns of such change. Such insurer shall send each such amendment to its shareholders.
Nev. Rev. Stat. § 687B.860 — NV Code / Title 57 / Chapter 687B / Section 687B.860
Definitions
Status: in_force

As used in NRS 687B.860 to 687B.884 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 687B.862 to 687B.876 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 693A.455 — NV Code / Title 57 / Chapter 693A / Section 693A.455
Action by Commissioner on application
Status: in_force

1. The Commissioner shall issue an order making an initial determination of approval or disapproval of the application not later than 30 days after the public hearing.

2. The Commissioner shall not approve the application unless the Commissioner finds that the: (a) Plan of conversion is fair and equitable to the policyholders; (b) Plan of conversion does not deprive the policyholders of their property rights or due process of law; (c) New stock insurer meets the minimum requirements for a certificate of authority to transact the business of insurance in this state; and (d) Continued operation of the new stock insurer is not hazardous to future policyholders and the public.

3. For the purposes of this section, the Commissioner may consider any relevant factor, including, without limitation: (a) The capital requirements of the new stock insurer; (b) Whether a sufficient portion of the surplus of the converting mutual was contributed by persons or entities whose policies or contracts were not in force on the date on which the plan of conversion was initially approved by the board of directors of the converting mutual to require the reduction of the consideration to policyholders to an amount equal to less than the surplus; (c) Whether the plan of conversion includes preemptive rights for policyholders to purchase securities offered in the initial sale of securities by the new stock insurer; (d) Whether the plan of conversion includes establishment of a preference account from which the payment of any shareholder dividends, including a regular, special or liquidation dividend, would be prohibited for such a reasonable period as the Commissioner may require; (e) The suitability of the trustees of any trust created to effect the conversion; and (f) Whether the utilization of a trust, if included in the plan of conversion, has a material adverse effect on policyholders, other than delaying the receipt of shares of capital stock.

4. If the Commissioner makes a determination to disapprove the application, the Commissioner shall issue a final order setting forth specific findings for the disapproval.
Nev. Rev. Stat. § 692B.140 — NV Code / Title 57 / Chapter 692B / Section 692B.140
Modification or revocation of permit
Status: in_force

The Commissioner may for cause modify a solicitation permit theretofore issued; and may after a hearing thereon revoke the permit for a violation of law or the terms of the permit, of any proper order of the Commissioner, or for material misrepresentation in the offering or sale of securities or policies under the permit.
Nev. Rev. Stat. § 682A.369 — NV Code / Title 57 / Chapter 682A / Section 682A.369
Quarterly review of investments and written plan for investments
Status: in_force

On no less than a quarterly basis, and more often if deemed appropriate, an insurer's board of directors or a committee of the board shall:

1. Receive and review a summary report on the insurer's investment portfolio, its investment activities and practices engaged in pursuant to delegated authority, in order to determine whether the investment activity or practice of the insurer is consistent with its written plan; and

2. Review and revise, as appropriate, the written plan.
Nev. Rev. Stat. § 697.220 — NV Code / Title 57 / Chapter 697 / Section 697.220
Contents of license
Status: in_force

1. A license must state the name and address of the licensee, the date of issue, general conditions relative to expiration or termination, and such other information and conditions as the Commissioner may deem proper and consistent with law.

2. The license of a bail solicitor must also state the name and address of the bail agent who is the employer of the bail solicitor.
Nev. Rev. Stat. § 681B.370 — NV Code / Title 57 / Chapter 681B / Section 681B.370
Principle-based valuation: Required reserves; applicability
Status: in_force

1. An applicable company using a principle-based valuation must establish reserves that: (a) Quantify the benefits and guarantees, and the funding, associated with the contracts and their risks at a level of conservatism that reflects conditions which include unfavorable events that have a reasonable probability of occurring during the lifetime of the contracts. For policies or contracts with significant tail risk, the valuation must reflect conditions appropriately adverse to quantify the tail risk. (b) Incorporate assumptions, risk analysis methods and financial models and management techniques that are consistent with, but not necessarily identical to, those utilized within the company's overall risk assessment process while recognizing potential differences in financial reporting structures and any prescribed assumptions or methods. (c) Incorporate assumptions that are: (1) Prescribed in the Valuation Manual ; or (2) Established utilizing the company's available experience, to the extent that it is relevant and statistically credible or established utilizing other relevant, statistically credible experience. (d) Provide margins for uncertainty, including adverse deviation and estimation error, such that the greater the uncertainty the larger the margin and resulting reserve.

2. 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. § 689A.04041 — NV Code / Title 57 / Chapter 689A / Section 689A.04041
Policy covering prescription drug for treatment of cancer or cancer symptom that is part of step therapy protocol: Insurer required to allow insured or attending practitioner to apply for exemption from step therapy protocol in certain circumstances; procedure for applying for and granting exemption
Status: in_force

1. An insurer that offers or issues a policy of health insurance which provides coverage of a prescription drug for the treatment of cancer or any symptom of cancer that is part of a step therapy protocol shall allow an insured who has been diagnosed with stage 3 or 4 cancer or the attending practitioner of the insured to apply for an exemption from the step therapy protocol. The application process for such an exemption must: (a) Allow the insured or attending practitioner, or a designated advocate for the insured or attending practitioner, to present to the insurer the clinical rationale for the exemption and any relevant medical information. (b) Clearly prescribe the information and supporting documentation that must be submitted with the application, the criteria that will be used to evaluate the request and the conditions under which an expedited determination pursuant to subsection 4 is warranted. (c) Require the review of each application by at least one physician, registered nurse or pharmacist.

2. The information and supporting documentation required pursuant to paragraph (b) of subsection 1: (a) May include, without limitation: (1) The medical history or other health records of the insured demonstrating that the insured has: (I) Tried other drugs included in the pharmacological class of drugs for which the exemption is requested without success; or (II) Taken the requested drug for a clinically appropriate amount of time to establish stability in relation to the cancer and the guidelines of the prescribing practitioner; and (2) Any other relevant clinical information. (b) Must not include any information or supporting documentation that is not necessary to make a determination about the application.

3. Except as otherwise provided in subsection 4, an insurer that receives an application for an exemption pursuant to subsection 1 shall: (a) Make a determination concerning the application if the application is complete or request additional information or documentation necessary to complete the application not later than 72 hours after receiving the application; and (b) If it requests additional information or documentation, make a determination concerning the application not later than 72 hours after receiving the requested information or documentation.

4. If, in the opinion of the attending practitioner, a step therapy protocol may seriously jeopardize the life or health of the insured, an insurer that receives an application for an exemption pursuant to subsection 1 must make a determination concerning the application as expeditiously as necessary to avoid serious jeopardy to the life or health of the insured.

5. An insurer shall disclose to the insured or attending practitioner who submits an application for an exemption from a step therapy protocol pursuant to subsection 1 the qualifications of each person who will review the application.

6. An insurer must grant an exemption from a step therapy protocol in response to an application submitted pursuant to subsection 1 if: (a) Any treatment otherwise required under the step therapy or any drug in the same pharmacological class or having the same mechanism of action as the drug for which the exemption is requested has not been effective at treating the cancer or symptom of the insured when prescribed in accordance with clinical indications, clinical guidelines or other peer-reviewed evidence; (b) Delay of effective treatment would have severe or irreversible consequences for the insured and the treatment otherwise required under the step therapy is not reasonably expected to be effective based on the physical or mental characteristics of the insured and the known characteristics of the treatment; (c) Each treatment otherwise required under the step therapy: (1) Is contraindicated for the insured or has caused or is likely, based on peer-reviewed clinical evidence, to cause an adverse reaction or other physical harm to the insured; or (2) Has prevented or is likely to prevent the insured from performing the responsibilities of his or her occupation or engaging in activities of daily living, as defined in 42 C.F.R. § 441.505 ; (d) The condition of the insured is stable while being treated with the prescription drug for which the exemption is requested and the insured has previously received approval for coverage of that drug; or (e) Any other condition for which such an exemption is required by regulation of the Commissioner is met.

7. If an insurer approves an application for an exemption from a step therapy protocol pursuant to this section, the insurer must cover the prescription drug to which the exemption applies in accordance with the terms of the applicable policy of health insurance. The insurer may initially limit the coverage to a 1-week supply of the drug for which the exemption is granted. If the attending practitioner determines after 1 week that the drug is effective at treating the cancer or symptom for which it was prescribed, the insurer must continue to cover the drug for as long as it is necessary to treat the insured for the cancer or symptom. The insurer may conduct a review not more frequently than once each quarter to determine, in accordance with available medical evidence, whether the drug remains necessary to treat the insured for the cancer or symptom. The insurer shall provide a report of the review to the insured.

8. An insurer shall post in an easily accessible location on an Internet website maintained by the insurer a form for requesting an exemption pursuant to this section.

9. A policy of health insurance subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 2022, has the legal effect of including the coverage required by this section, and any provision of the policy that conflicts with this section is void.

10. As used in this section, “ attending practitioner ” means the practitioner, as defined in NRS 639.0125 , who has primary responsibility for the treatment of the cancer or any symptom of such cancer of an insured.
Nev. Rev. Stat. § 689B.031 — NV Code / Title 57 / Chapter 689B / Section 689B.031
Required provision concerning coverage of certain gynecological or obstetrical services without authorization or referral from primary care physician
Status: in_force

1. A policy of group health insurance must include a provision authorizing a woman covered by the policy to obtain covered gynecological or obstetrical services without first receiving authorization or a referral from her primary care physician.

2. The provisions of this section do not authorize a woman covered by a policy of group health insurance to designate an obstetrician or gynecologist as her primary care physician.

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

4. As used in this section, “primary care physician” has the meaning ascribed to it in NRS 695G.060 .
Nev. Rev. Stat. § 689A.0432 — NV Code / Title 57 / Chapter 689A / Section 689A.0432
Coverage for medically necessary treatment of conditions relating to gender dysphoria and gender incongruence required; restriction on refusal to cover certain treatments; authority of insurer to prescribe requirements for covering surgical treatments for minors; determination of medical necessity
Status: in_force

1. Except as otherwise provided in this section, an insurer that issues a policy of health insurance shall include in the policy coverage for the medically necessary treatment of conditions relating to gender dysphoria and gender incongruence. Such coverage must include coverage of medically necessary psychosocial and surgical intervention and any other medically necessary treatment for such disorders provided by: (a) Endocrinologists; (b) Pediatric endocrinologists; (c) Social workers; (d) Psychiatrists; (e) Psychologists; (f) Gynecologists; (g) Speech-language pathologists; (h) Primary care physicians; (i) Advanced practice registered nurses; (j) Physician assistants; and (k) Any other providers of medically necessary services for the treatment of gender dysphoria or gender incongruence.

2. This section does not require a policy of health insurance to include coverage for cosmetic surgery performed by a plastic surgeon or reconstructive surgeon that is not medically necessary.

3. An insurer that issues a policy of health insurance shall not categorically refuse to cover medically necessary gender-affirming treatments or procedures or revisions to prior treatments if the policy provides coverage for any such services, procedures or revisions for purposes other than gender transition or affirmation.

4. An insurer that issues a policy of health insurance may prescribe requirements that must be satisfied before the insurer covers surgical treatment of conditions relating to gender dysphoria or gender incongruence for an insured who is less than 18 years of age. Such requirements may include, without limitation, requirements that: (a) The treatment must be recommended by a psychologist, psychiatrist or other mental health professional; (b) The treatment must be recommended by a physician; (c) The insured must provide a written expression of the desire of the insured to undergo the treatment; (d) A written plan for treatment that covers at least 1 year must be developed and approved by at least two providers of health care; and (e) Parental consent is provided for the insured unless the insured is expressly authorized by law to consent on his or her own behalf.

5. When determining whether treatment is medically necessary for the purposes of this section, an insurer must consider the most recent Standards of Care published by the World Professional Association for Transgender Health, or its successor organization.

6. An insurer shall make a reasonable effort to ensure that the benefits required by subsection 1 are made available to an insured through a provider of health care who participates in the network plan of the insurer. If, after a reasonable effort, the insurer is unable to make such benefits available through such a provider of health care, the insurer may treat the treatment that the insurer is unable to make available through such a provider of health care in the same manner as other services provided by a provider of health care who does not participate in the network plan of the insurer.

7. If an insured appeals the denial of a claim or coverage under this section on the grounds that the treatment requested by the insured is not medically necessary, the insurer must consult with a provider of health care who has experience in prescribing or delivering gender-affirming treatment concerning the medical necessity of the treatment requested by the insured when considering the appeal.

8. A policy of health insurance subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after July 1, 2023, has the legal effect of including the coverage required by subsection 1, and any provision of the policy or the renewal which is in conflict with this section is void.

9. As used in this section: (a) “ Cosmetic surgery ”: (1) Means a surgical procedure that: (I) Does not meaningfully promote the proper function of the body; (II) Does not prevent or treat illness or disease; and (III) Is primarily directed at improving the appearance of a person. (2) Includes, without limitation, cosmetic surgery directed at preserving beauty. (b) “ Gender dysphoria ” means distress or impairment in social, occupational or other areas of functioning caused by a marked difference between the gender identity or expression of a person and the sex assigned to the person at birth which lasts at least 6 months and is shown by at least two of the following: (1) A marked difference between gender identity or expression and primary or secondary sex characteristics or anticipated secondary sex characteristics in young adolescents. (2) A strong desire to be rid of primary or secondary sex characteristics because of a marked difference between such sex characteristics and gender identity or expression or a desire to prevent the development of anticipated secondary sex characteristics in young adolescents. (3) A strong desire for the primary or secondary sex characteristics of the gender opposite from the sex assigned at birth. (4) A strong desire to be of the opposite gender or a gender different from the sex assigned at birth. (5) A strong desire to be treated as the opposite gender or a gender different from the sex assigned at birth. (6) A strong conviction of experiencing typical feelings and reactions of the opposite gender or a gender different from the sex assigned at birth. (c) “ Medically necessary ” means health care services or products that a prudent provider of health care would provide to a patient to prevent, diagnose or treat an illness, injury or disease, or any symptoms thereof, that are necessary and: (1) Provided in accordance with generally accepted standards of medical practice; (2) Clinically appropriate with regard to type, frequency, extent, location and duration; (3) Not provided primarily for the convenience of the patient or provider of health care; (4) Required to improve a specific health condition of a patient or to preserve the existing state of health of the patient; and (5) The most clinically appropriate level of health care that may be safely provided to the patient. A provider of health care prescribing, ordering, recommending or approving a health care service or product does not, by itself, make that health care service or product medically necessary. (d) “ Network plan ” means a policy of health insurance offered by an insurer 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 insurer. The term does not include an arrangement for the financing of premiums. (e) “ Provider of health care ” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 685A.175 — NV Code / Title 57 / Chapter 685A / Section 685A.175
Quarterly report and payment of tax by certain brokers
Status: in_force

1. A broker who has written coverage for which this State is the insured's home state shall pay, by the date described in subsection 2, the tax for each calendar quarter as directed by the Commissioner and shall file as directed by the Commissioner a copy of a quarterly report which includes an accounting of: (a) The aggregate gross premiums for the quarter; (b) The aggregate of the return premiums received; and (c) The amount of tax remitted to the Commissioner. The report must be on a form approved by the Commissioner.

2. The tax filings and payments required by subsection 1 must be submitted by: (a) February 15 for the calendar quarter ending the preceding December 31. (b) May 15 for the calendar quarter ending the preceding March 31. (c) August 15 for the calendar quarter ending the preceding June 30. (d) November 15 for the calendar quarter ending the preceding September 30.
Nev. Rev. Stat. § 695K.210 — NV Code / Title 57 / Chapter 695K / Section 695K.210
Application for federal waivers and approvals; acceptance of gifts, grants and donations; deposit of money; contracts for services
Status: in_force

<Section effective Jan. 1, 2026.>

1. The Director, the Commissioner and the Executive Director of the Exchange: (a) Shall collaborate to apply to the Secretary of Health and Human Services for a waiver pursuant to 42 U.S.C. § 18052 to obtain pass-through federal funding to carry out the provisions of this chapter; and (b) Except as otherwise provided in subsection 4, may collaboratively apply to the Secretary of Health and Human Services for any other federal waivers or approval necessary to carry out the provisions of this chapter, including, without limitation, and to the extent necessary, a waiver pursuant to 42 U.S.C. § 1315 of Title XIX of the Social Security Act. Such waivers or approval may include, without limitation, any waiver or approval necessary to: (1) Combine risk pools for the Public Option with risk pools established for Medicaid, if the Director can demonstrate that doing so would lower costs, result in savings to the federal and state governments and not increase the costs of private insurance or Medicaid; or (2) Obtain federal financial participation to subsidize the cost of health insurance for residents of this State with low incomes.

2. In preparing an application for any waiver described in subsection 1, the Director, the Commissioner and the Executive Director of the Exchange may contract with an independent actuary to assess the impact of the Public Option on the markets for health care and health insurance in this State and health coverage for natural persons, families and small businesses. The actuary must have specialized expertise or experience with state health insurance exchanges, the type of waiver for which the application is being made, measures to contain the costs of providing health coverage, reforming procedures for the purchasing and delivery of governmental services and Medicaid managed care programs. A contract pursuant to this subsection is exempt from the provisions of chapter 333 of NRS .

3. The Director, the Commissioner and the Executive Director of the Exchange shall: (a) Cooperate with the Federal Government in obtaining any waiver for which he or she applies pursuant to this section. (b) Deposit any money received from the Federal Government pursuant to such a waiver in the Trust Fund.

4. The Director, the Commissioner and the Executive Director of the Exchange shall not apply under the provisions of subsection 1 to waive any provision of federal law prescribing conditions of eligibility to purchase a qualified health plan, as defined in 42 U.S.C. § 18021 , through the Exchange or receive federal advanced payment of premium tax credits pursuant to 42 U.S.C. § 18082 for such a purchase.

5. The Director may: (a) Accept gifts, grants and donations to carry out the provisions of this chapter. The Director shall deposit any such gifts, grants or donations in the Trust Fund. (b) Employ or enter into contracts with actuaries and other professionals and may enter into contracts with other state agencies, health carriers or other qualified persons and entities as are necessary to carry out the provisions of this chapter. Such contracts are exempt from the requirements of chapter 333 of NRS .
Nev. Rev. Stat. § 687B.325 — NV Code / Title 57 / Chapter 687B / Section 687B.325
Industrial insurance policies: Grounds for midterm cancellation; notice to policyholder; provisions do not prohibit change in premium rate; terms of certain policies
Status: in_force

1. No policy of industrial insurance 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 after the effective date of the policy or renewal, whichever occurs first, except on any one of the following grounds: (a) A failure by the policyholder to pay a premium for the policy of industrial insurance when due, including the failure of the policyholder to remit an amount due because of an endorsement for a deductible; (b) A failure by the policyholder to: (1) Report any payroll; (2) Allow the insurer to audit any payroll in accordance with the terms of the policy or any previous policy issued by the insurer; or (3) Pay any additional premium charged because of an audit of any payroll as required by the terms of the policy or any previous policy issued by the insurer; (c) A material failure by the policyholder to comply with any federal or state order concerning safety or any written recommendation of the insurer's designated representative for loss control; (d) A material change in ownership of the policyholder or any change in the policyholder's business or operations that: (1) Materially increases the hazard for frequency or severity of loss; (2) Requires additional or different classifications for the calculation of premiums; or (3) Contemplates an activity that is excluded by any reinsurance treaty of the insurer; (e) A material misrepresentation made by the policyholder; or (f) A failure by the policyholder to cooperate with the insurer in conducting an investigation of a claim.

2. An insurer shall not cancel a policy of industrial insurance pursuant to paragraph (a) of subsection 1 except upon 10 days' written notice submitted by the insurer to the policyholder.

3. Except as otherwise provided in this subsection, an insurer shall not cancel a policy of industrial insurance pursuant to paragraph (b), (c), (d), (e) or (f) of subsection 1 except upon 30 days' written notice by the insurer to the policyholder. An insurer is not required to provide a written notice to a policyholder pursuant to this subsection if the policyholder and the insurer consent to the cancellation of the policy of industrial insurance and to the reissuance of another policy of industrial insurance effective upon a material change in the ownership or operations of the insured. If the policyholder corrects the condition to the satisfaction of the insurer within the period specified in the policy of insurance, the insurer shall not cancel the policy.

4. Any written notice submitted to a policyholder pursuant to this section must be given by first-class mail addressed to the policyholder at the address of the policyholder set forth in the policy of industrial insurance. Evidence indicating that a written notice specified in this section has been mailed is sufficient proof of notice.

5. The provisions of this section do not prohibit, during any period in which a policy of industrial insurance is in force, any change in the premium rate required or authorized by any law, regulation or order of the Commissioner, or otherwise agreed upon by the policyholder and the insurer.

6. For the purposes of this section, any policy of industrial insurance that is written for a term of more than 1 year, or any policy of industrial insurance with no fixed date of expiration, shall be deemed to be written for successive periods of 1 year.
Nev. Rev. Stat. § 683A.182 — NV Code / Title 57 / Chapter 683A / Section 683A.182
“Occupant” defined
Status: in_force

“Occupant” has the meaning ascribed to it in NRS 108.4735 .
Nev. Rev. Stat. § 689B.060 — NV Code / Title 57 / Chapter 689B / Section 689B.060
Readjustment of premiums; dividends
Status: in_force

1. Any contract of group health insurance may provide for the readjustment of the rate of premium based upon the experience thereunder. If a policy dividend is declared after January 1, 1972, or a reduction in rate is made after January 1, 1972, or continued for the first or any subsequent year of insurance under any policy of group health insurance issued before, on or after January 1, 1972, to any policyholder, the excess, if any, of the aggregate dividends or rate reductions under such a policy and all other group insurance policies of the policyholder over the aggregate expenditure for insurance under such policies made from money contributed by the policyholder, or by an employer of insured persons, or by a union or association to which the insured persons belong, including expenditures made in connection with administration of such policies, must be applied by the policyholder for the sole benefit of insured employees or members.

2. This section does not apply as to debtor groups.
Nev. Rev. Stat. § 679B.127 — NV Code / Title 57 / Chapter 679B / Section 679B.127
Participation in program providing counseling to elderly persons concerning health insurance; regulations
Status: in_force

1. The Commissioner may participate in a program which provides counseling to elderly persons concerning health insurance, including a program established pursuant to 42 U.S.C. § 1395b-4 .

2. The Commissioner may adopt regulations necessary to carry out the provisions of this section.
Nev. Rev. Stat. § 681B.010 — NV Code / Title 57 / Chapter 681B / Section 681B.010
Assets
Status: in_force

In any determination of the financial condition of an insurer, there must be allowed as assets only such assets as are owned by the insurer and which consist of:

1. Cash in the possession of the insurer, or in transit under its control, and including the true balance of any deposit in a solvent bank, credit union or trust company.

2. Investments, securities, properties and loans acquired or held in accordance with this Code, and in connection therewith the following items: (a) Interest due or accrued on any bond or evidence of indebtedness which is not in default and which is not valued on a basis including accrued interest. (b) Declared and unpaid dividends on stock and shares, unless such amount has otherwise been allowed as an asset. (c) Interest due or accrued upon a collateral loan in an amount not to exceed 1 year's interest thereon. (d) Interest due or accrued on deposits in solvent banks, credit unions and trust companies, and interest due or accrued on other assets, if such interest is, in the judgment of the Commissioner, a collectible asset. (e) Interest due or accrued on a mortgage loan, in an amount not exceeding in any event the amount, if any, of the excess of the value of the property less delinquent taxes thereon over the unpaid principal; but in no event may interest accrued for a period in excess of 18 months be allowed as an asset. (f) Rent due or accrued on real property if such rent is not in arrears for more than 3 months, and rent more than 3 months in arrears if the payment of such rent is adequately secured by property held in the name of the tenant and conveyed to the insurer as collateral. (g) The unaccrued portion of taxes paid before the due date on real property.

3. Premium notes, policy loans and other policy assets and liens on policies and certificates of life insurance and annuity contracts and accrued interest thereon, in an amount not exceeding the legal reserve and other policy liabilities carried on each individual policy.

4. The net amount of uncollected and deferred premiums and annuity considerations in the case of a life insurer.

5. Premiums in the course of collection, other than for life insurance, not more than 3 months past due, less commissions payable thereon. The foregoing limitation does not apply to premiums payable directly or indirectly by the United States Government or by any of its instrumentalities.

6. Installment premiums other than life insurance premiums to the extent of the unearned premium reserve carried on the policy to which premiums apply.

7. Notes and like written obligations not past due, taken for premiums other than life insurance premiums, on policies permitted to be issued on such basis, to the extent of the unearned premium reserves carried thereon.

8. The full amount of reinsurance recoverable by a ceding insurer from a solvent reinsurer, which reinsurance is authorized under NRS 681A.110 .

9. Amounts receivable by an assuming insurer representing money withheld by a solvent ceding insurer under a reinsurance treaty.

10. Deposits or equities recoverable from underwriting associations, syndicates and reinsurance funds, or from any suspended financial institution, to the extent deemed by the Commissioner available for the payment of losses and claims and at values to be determined by the Commissioner.

11. All such assets, whether or not consistent with the provisions of this section, as may be allowed pursuant to the annual statement form approved by the Commissioner for the kinds of insurance to be reported upon therein.

12. As to a title insurer, its title plant and equipment reasonably necessary for the conduct of its abstract or title insurance business, at not to exceed the cost thereof.

13. Electronic and mechanical machines and related equipment constituting a data processing, recordkeeping or accounting system or systems if the cost of each such system is at least $25,000, which cost must be amortized in full over a period not to exceed 10 years. The aggregate amount invested in all such systems must not exceed 5 percent of the insurer's assets.

14. Other assets, not inconsistent with the provisions of this section, deemed by the Commissioner to be available for the payment of losses and claims at values to be determined by the Commissioner.
Nev. Rev. Stat. § 695J.250 — NV Code / Title 57 / Chapter 695J / Section 695J.250
Suspension, limitation or revocation of certificate
Status: in_force

1. Upon the suspension, limitation or revocation of the certificate of an exchange enrollment facilitator, the Commissioner shall immediately notify the certificate holder in person or by mail addressed to the certificate holder at his or her most recent address of record with the Division. Notice by mail is effective when mailed.

2. Upon the suspension, limitation or revocation of the certificate of an exchange enrollment facilitator, the Commissioner shall immediately notify the Executive Director of the Exchange. Upon receipt of such notification, the Executive Director shall immediately terminate the certificate holder's appointment.

3. The Commissioner shall not again issue a certificate under this chapter to any natural person whose certificate has been revoked until at least 1 year after the revocation has become final, and thereafter not until the person again qualifies for a certificate under this chapter. A person whose certificate has been revoked twice is not eligible for any certificate under this title.
Nev. Rev. Stat. § 680A.165 — NV Code / Title 57 / Chapter 680A / Section 680A.165
Certificate of authority: Insurer required to notify Commissioner of all material changes to information provided in application; suspension or revocation or administrative fine for failure to provide certain such notice
Status: in_force

1. Each insurer to which the Commissioner issues a certificate of authority shall notify the Commissioner of all material changes to the information provided by the insurer in its written application pursuant to NRS 680A.150 , including, without limitation: (a) Any change of address, such as a change to: (1) The mailing address of the home office, or any other physical address, of the insurer; and (2) Any other mailing address of the insurer, including, without limitation, the address used for general correspondence or for annual renewal notices; (b) Any changes in the officers, directors or ownership of the insurer; (c) Any changes to the manner of service of legal process against the insurer; and (d) Any changes to the articles of incorporation, by-laws or power of attorney for the attorney-in-fact of the insurer.

2. The notice required by subsection 1 must be provided to the Commissioner within 30 days after the date on which the change occurs.

3. If an insurer changes its physical or mailing address without giving written notice and the Commissioner is unable to locate the insurer after diligent effort, the Commissioner may suspend or revoke the insurer's certificate of authority without a hearing. The mailing of a letter by certified mail, return receipt requested, addressed to the insurer at its last mailing address appearing on the records of the Division, and the return of the letter undelivered, constitutes a diligent effort by the Commissioner. In lieu of such a suspension or revocation, the Commissioner may levy upon the insurer, and the insurer shall pay forthwith, an administrative fine of not more than $2,000 for each act or violation.
Nev. Rev. Stat. § 692C.380 — NV Code / Title 57 / Chapter 692C / Section 692C.380
Extraordinary distributions to shareholders: Definition
Status: in_force

For purposes of NRS 692C.360 to 692C.400 , inclusive, an extraordinary dividend or distribution includes any dividend or distribution of cash or other property, whose fair market value together with that of other dividends or distributions made within the preceding 12 months exceeds the lesser of:

1. Ten percent of the insurer's surplus as regards policyholders as of December 31 next preceding the dividend or distribution; or

2. The net gain from operations of the insurer, if the insurer is a life insurer, or the net income, not including realized capital gains if the insurer is not a life insurer, for the 12-month period ending December 31 next preceding the dividend or distribution,

but does not include pro rata distributions of any class of the insurer's own securities.
Nev. Rev. Stat. § 695B.1907 — NV Code / Title 57 / Chapter 695B / Section 695B.1907
Required provision in policy covering treatment of colorectal cancer concerning coverage for colorectal cancer screening
Status: in_force

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

2. A policy of health insurance subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after October 1, 2003, has the legal effect of including the coverage required by this section, and any provision of the policy that conflicts with the provisions of this section is void.
Nev. Rev. Stat. § 697.270 — NV Code / Title 57 / Chapter 697 / Section 697.270
Bail agents: Registration with sheriff and clerk of district court required to act as attorney-in-fact for insurer; annual reregistration
Status: in_force

A bail agent shall not act as an attorney-in-fact for an insurer on an undertaking unless the bail agent has registered in the office of the sheriff and with the clerk of the district court in which the agent resides or, for a bail agent who holds a nonresident license as a bail agent, in which his or her place of business required by NRS 697.280 is located. The bail agent may register in the same manner in any other county. Any bail agent shall file a certified copy of the appointment of the bail agent by power of attorney from each insurer which the bail agent represents as agent with each of such officers. The bail agent shall register and file a certified copy of renewed power of attorney annually on July 1. The clerk of the district court and the sheriff shall not permit the registration of a bail agent unless the agent is licensed by the Commissioner.
Nev. Rev. Stat. § 689C.630 — NV Code / Title 57 / Chapter 689C / Section 689C.630
“Church plan” defined
Status: in_force

“Church plan” has the meaning ascribed to it in section 3(33) 1 of the Employee Retirement Income Security Act of 1974, as that section existed on July 16, 1997.

1 29 U.S.C.A. § 1002(33)
Nev. Rev. Stat. § 696A.320 — NV Code / Title 57 / Chapter 696A / Section 696A.320
Revocation, suspension or refusal of licenses of firms, partnerships or corporations
Status: in_force

The club agent's license of any firm, partnership or corporation may be suspended, revoked or refused for any cause which relates to any individual designated in the license to exercise its powers.
Nev. Rev. Stat. § 692A.105 — NV Code / Title 57 / Chapter 692A / Section 692A.105
Disciplinary action against title agent or escrow officer or refusal to license
Status: in_force

1. The Commissioner may refuse to license any title agent or escrow officer or may suspend or revoke any license or impose a fine of not more than $500 for each violation by entering an order to that effect, with the Commissioner’s findings in respect thereto, if, upon a hearing, it is determined that the applicant or licensee: (a) In the case of a title agent, is insolvent or in such a financial condition that the title agent cannot continue in business with safety to his or her customers; (b) Has violated any provision of this chapter or any regulation adopted pursuant thereto or has aided and abetted another to do so; (c) Has committed fraud in connection with any transaction governed by this chapter; (d) Has intentionally or knowingly made any misrepresentation or false statement to, or concealed any essential or material fact known to the applicant or licensee from, any principal or designated agent of the principal in the course of the escrow business; (e) Has intentionally or knowingly made or caused to be made to the Commissioner any false representation of a material fact or has suppressed or withheld from the Commissioner any information which the applicant or licensee possesses; (f) Has failed without reasonable cause to furnish to the parties of an escrow their respective statements of the settlement within a reasonable time after the close of escrow; (g) Has failed without reasonable cause to deliver, within a reasonable time after the close of escrow, to the respective parties of an escrow transaction any money, documents or other properties held in escrow in violation of the provisions of the escrow instructions; (h) Has refused to permit an examination by the Commissioner of his or her books and affairs or has refused or failed, within a reasonable time, to furnish any information or make any report that may be required by the Commissioner pursuant to the provisions of this chapter; (i) Has been convicted of a felony relating to the practice of title agents or any misdemeanor of which an essential element is fraud; (j) In the case of a title agent, has failed to maintain complete and accurate records of all transactions within the last 7 years; (k) Has commingled the money of other persons with his or her own or converted the money of other persons to his or her own use; (l) Has failed, before the close of escrow, to obtain written instructions concerning any essential or material fact or intentionally failed to follow the written instructions which have been agreed upon by the parties and accepted by the holder of the escrow; (m) Has failed to disclose in writing that the applicant or licensee is acting in the dual capacity of escrow agent or agency and undisclosed principal in any transaction; (n) In the case of an escrow officer, has been convicted of, or entered a plea of guilty, guilty but mentally ill or nolo contendere to, any crime involving moral turpitude; or (o) Has failed to obtain and maintain a copy of the executed agreement or contract that establishes the conditions for the sale of real property.

2. It is sufficient cause for the imposition of a fine or the refusal, suspension or revocation of the license of a partnership, corporation or any other association if any member of the partnership or any officer or director of the corporation or association has been guilty of any act or omission directly arising from the business activities of a title agent which would be cause for such action had the applicant or licensee been a natural person.

3. The Commissioner may suspend or revoke the license of a title agent, or impose a fine, if the Commissioner finds that the title agent: (a) Failed to maintain adequate supervision of an escrow officer or title agent he or she has appointed or employed. (b) Instructed an escrow officer to commit an act which would be cause for the revocation of the escrow officer's license and the escrow officer committed the act. An escrow officer is not subject to disciplinary action for committing such an act under instruction by the title agent.

4. The Commissioner may refuse to issue a license to any person who, within 10 years before the date of applying for a current license, has had suspended or revoked a license issued pursuant to this chapter or a comparable license issued by any other state, district or territory of the United States or any foreign country.
Nev. Rev. Stat. § 688D.010 — NV Code / Title 57 / Chapter 688D / Section 688D.010
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 688D.020 to 688D.060 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 679B.115 — NV Code / Title 57 / Chapter 679B / Section 679B.115
Limitation on civil liability for publication of certain reports or bulletins; effect of provision
Status: in_force

1. The Commissioner and the employees of the Division, in the absence of fraud or bad faith, are not subject to civil liability for publishing any report or bulletin related to the official activities of the Commissioner or the Division.

2. This section does not abrogate or modify any privilege or immunity which applies to the Commissioner or the employees of the Division.
Nev. Rev. Stat. § 679B.225 — NV Code / Title 57 / Chapter 679B / Section 679B.225
Inspection of insurance policies
Status: in_force

The Commissioner, at any time, may inspect any insurance policy covering any risk in this state. Every policyholder, upon request, shall produce any insurance policy in his or her possession or under his or her control for inspection by the Commissioner.
Nev. Rev. Stat. § 693B.120 — NV Code / Title 57 / Chapter 693B / Section 693B.120
Commissioner authorized to resolve controversy concerning actions of emergency board of directors
Status: in_force

To resolve controversy as to the power of any group of persons purporting to act as an emergency board of directors so to act, the Commissioner may, upon a determination that such action will tend to promote the safe and sound and orderly conduct of the business of any domestic organization, issue orders declaring that any such group shall or shall not have the powers of an emergency board of directors, or confirming, modifying or vacating in whole or in part any action taken or purportedly taken by any such group, or removing any acting director.
Nev. Rev. Stat. § 682A.373 — NV Code / Title 57 / Chapter 682A / Section 682A.373
Standard of care
Status: in_force

In discharging its duties pursuant to NRS 682A.365 to 682A.375 , inclusive, the board of directors of an insurer shall perform its duties in good faith and with that degree of care that ordinarily prudent individuals in like positions would use under similar circumstances.
Nev. Rev. Stat. § 685B.150 — NV Code / Title 57 / Chapter 685B / Section 685B.150
Information to be provided to agents, brokers and others
Status: in_force

An administrator who advertises or administers coverage in this State which is:

1. Of a kind described in NRS 685B.120 ; and

2. Provided by a person described in NRS 685B.140 ,

shall inform each agent, broker or other person who advertises, procures, renews, continues, sells or negotiates or solicits the sale of such coverage of the elements of the coverage, including the amount of excess insurance or reinsurance in effect.
Nev. Rev. Stat. § 694C.220 — NV Code / Title 57 / Chapter 694C / Section 694C.220
Application: Fees; Commissioner authorized to retain professional services relating to examination of applicant; cost of services
Status: in_force

An application by a captive insurer for licensure must include a nonrefundable application fee of $500. The Commissioner may retain legal, financial and examination services from outside the Division to review and make recommendations regarding the qualifying examination of the applicant. The cost of those services must be paid by the applicant. The provisions of NRS 679B.230 to 679B.287 , inclusive, apply to examinations, investigations and processing conducted pursuant to this section.
Nev. Rev. Stat. § 687B.460 — NV Code / Title 57 / Chapter 687B / Section 687B.460
Certificates of insurance for property or casualty insurance: Not part of, amend any term of or alter or expand coverage, exclusion or condition of contract or policy
Status: in_force

A certificate of insurance issued regarding a contract or policy of property or casualty insurance, other than a group master policy, which is delivered or issued for delivery in this State:

1. Does not constitute any part of the contract or policy of insurance; and

2. Does not amend any term or alter or extend any coverage, exclusion or condition of the contract or policy of insurance.
Nev. Rev. Stat. § 683C.010 — NV Code / Title 57 / Chapter 683C / Section 683C.010
“Insurance consultant” defined
Status: in_force

As used in this chapter, unless the context otherwise requires, “insurance consultant” means a person who, for a fee, holds himself or herself out to the public as engaged in the business of offering advice, counsel, opinion or service with respect to the benefits, advantages or disadvantages promised pursuant to any policy of insurance that could be issued in this State.
Nev. Rev. Stat. § 690B.016 — NV Code / Title 57 / Chapter 690B / Section 690B.016
Insurer required to notify insured or claimant of right to have repairs made at licensed body shop of his or her choice; prohibition against insurer’s knowing recommendation of unlicensed body shop or required patronization of particular body shop; insurer entitled to rely on validity of license number in estimates or invoices from body shop
Status: in_force

1. An insured or a claimant under a policy of insurance may have repairs to a motor vehicle made at the licensed body shop of the insured’s or claimant’s choice. An insurer of motor vehicles shall notify the insured or the claimant of this right when the insurer is first contacted concerning a claim for damage to a motor vehicle.

2. An insurer of motor vehicles or a representative of the insurer shall not: (a) Knowingly recommend to an insured or a claimant, or direct an insured or a claimant to, a body shop in this State which is not licensed pursuant to NRS 487.630 ; (b) Require an insured or a claimant to patronize any licensed body shop in this State in preference to another such business.

3. The provisions of this section do not require an insurer to pay more than the reasonable rate required pursuant to a policy of insurance for repairs to a motor vehicle.

4. For the purposes of this section, an insurer is entitled to rely upon the validity of the license number included by the body shop on its estimates and invoices for repairs.
Nev. Rev. Stat. § 695E.050 — NV Code / Title 57 / Chapter 695E / Section 695E.050
“Hazardous financial condition” defined
Status: in_force

“Hazardous financial condition” means that, based on its present or reasonably anticipated financial condition, a risk retention group, although not yet financially impaired or insolvent, is unlikely to be able to:

1. Meet obligations to policyholders with respect to known claims and reasonably anticipated claims; or

2. Pay other obligations in the normal course of business.
Nev. Rev. Stat. § 695B.1912 — NV Code / Title 57 / Chapter 695B / Section 695B.1912
Required provision concerning coverage for certain screenings and tests for breast cancer; prohibited acts
Status: in_force

1. An insurer that offers or issues a contract for hospital or medical service must provide coverage for benefits payable for expenses incurred for: (a) A mammogram to screen for breast cancer annually for insureds who are 40 years of age or older. (b) An imaging test to screen for breast cancer on an interval and at the age deemed most appropriate, when medically necessary, as recommended by the insured's provider of health care based on personal or family medical history or additional factors that may increase the risk of breast cancer for the insured. (c) A diagnostic imaging test for breast cancer at the age deemed most appropriate, when medically necessary, as recommended by the insured's provider of health care to evaluate an abnormality which is: (1) Seen or suspected from a mammogram described in paragraph (a) or an imaging test described in paragraph (b); or (2) Detected by other means of examination.

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

3. Except as otherwise provided in subsection 5, an insurer that offers or issues a contract for hospital or medical service shall not: (a) Except as otherwise provided in subsection 6, require an insured to pay a deductible, copayment, coinsurance or any other form of cost-sharing or require a longer waiting period or other condition to obtain any benefit provided in a contract for hospital or medical service pursuant to subsection 1; (b) Refuse to issue a contract for hospital or medical service or cancel a contract for hospital or medical service solely because the person applying for or covered by the contract uses or may use any such benefit; (c) Offer or pay any type of material inducement or financial incentive to an insured to discourage the insured from obtaining any such benefit; (d) Penalize a provider of health care who provides any such benefit to an insured, including, without limitation, reducing the reimbursement of the provider of health care; (e) Offer or pay any type of material inducement, bonus or other financial incentive to a provider of health care to deny, reduce, withhold, limit or delay access to any such benefit to an insured; or (f) Impose any other restrictions or delays on the access of an insured to any such benefit.

4. A contract for hospital or medical service subject to the provisions of this chapter which 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 or the renewal which is in conflict with this section is void.

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

6. If the application of paragraph (a) of subsection 3 would result in the ineligibility of a health savings account of an insured pursuant to 26 U.S.C. § 223 , the prohibitions of paragraph (a) of subsection 3 shall apply only for a qualified contract for hospital or medical service with respect to the deductible of such a contract for hospital or medical service after the insured has satisfied the minimum deductible pursuant to 26 U.S.C. § 223 , except with respect to items or services that constitute preventive care pursuant to 26 U.S.C. § 223(c)(2)(C) , in which case the prohibitions of paragraph (a) of subsection 3 shall apply regardless of whether the minimum deductible under 26 U.S.C. § 223 has been satisfied.

7. As used in this section: (a) “ Medical management technique ” means a practice which is used to control the cost or utilization of health care services or prescription drug use. The term includes, without limitation, the use of step therapy, prior authorization or categorizing drugs and devices based on cost, type or method of administration. (b) “ Network plan ” means a contract for hospital or medical service offered by an insurer 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 insurer. 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 . (d) “ Qualified contract for hospital or medical service ” means a contract for hospital or medical service that has a high deductible and is in compliance with 26 U.S.C. § 223 for the purposes of establishing a health savings account.
Nev. Rev. Stat. § 689A.720 — NV Code / Title 57 / Chapter 689A / Section 689A.720
Written certification of coverage required for determining period of creditable coverage accumulated by person; provision of certificate to insured
Status: in_force

1. To determine the period of creditable coverage of a person, a health insurance issuer offering individual health insurance coverage shall provide written certification of coverage on a form prescribed by the Commissioner to the person that certifies: (a) The period of creditable coverage of the person under the individual health insurance coverage; and (b) The date that a substantially completed application was received by the health insurance issuer from the person for individual health insurance coverage.

2. The certification of coverage must be provided to the insured: (a) At the time that the insured ceases to be covered under the individual health insurance coverage or otherwise becomes covered under any provision of the Consolidated Omnibus Budget Reconciliation Act of 1985, as that act existed on July 16, 1997, relating to the continuation of coverage; (b) If the insured becomes covered under such a provision, at the time that the insured ceases to be covered by that provision; and (c) Upon the request of the insured, if the request is made not later than 24 months after the date on which the insured ceased to be covered as described in paragraphs (a) and (b).
Nev. Rev. Stat. § 696A.160 — NV Code / Title 57 / Chapter 696A / Section 696A.160
Certificate of authority: Revocation or suspension; notice to public
Status: in_force

1. The Commissioner shall revoke or suspend the certificate of authority of a motor club whenever, after a hearing, the Commissioner finds in accordance with the procedure provided in NRS 679B.310 to 679B.370 , inclusive, that any of the following circumstances exist: (a) The club has violated any provision of this chapter. (b) It is insolvent. (c) Its assets are less than its liabilities. (d) It or its officers refuse to submit to an examination. (e) It is transacting business fraudulently.

2. The Commissioner shall give notice of such revocation or suspension to the public in such manner as the Commissioner deems proper.
Nev. Rev. Stat. § 695B.19085 — NV Code / Title 57 / Chapter 695B / Section 695B.19085
Policy covering prescription drug for treatment of cancer or cancer symptom that is part of step therapy protocol: Corporation required to allow insured or attending practitioner to apply exemption from step therapy protocol in certain circumstances; procedure for applying for and granting exemption
Status: in_force

1. A hospital or medical services corporation that offers or issues a policy of health insurance which provides coverage of a prescription drug for the treatment of cancer or any symptom of cancer that is part of a step therapy protocol shall allow an insured who has been diagnosed with stage 3 or 4 cancer or the attending practitioner of the insured to apply for an exemption from the step therapy protocol. The application process for such an exemption must: (a) Allow the insured or attending practitioner, or a designated advocate for the insured or attending practitioner, to present to the hospital or medical services corporation the clinical rationale for the exemption and any relevant medical information. (b) Clearly prescribe the information and supporting documentation that must be submitted with the application, the criteria that will be used to evaluate the request and the conditions under which an expedited determination pursuant to subsection 4 is warranted. (c) Require the review of each application by at least one physician, registered nurse or pharmacist.

2. The information and supporting documentation required pursuant to paragraph (b) of subsection 1: (a) May include, without limitation: (1) The medical history or other health records of the insured demonstrating that the insured has: (I) Tried other drugs included in the pharmacological class of drugs for which the exemption is requested without success; or (II) Taken the requested drug for a clinically appropriate amount of time to establish stability in relation to the cancer and the guidelines of the prescribing practitioner; and (2) Any other relevant clinical information. (b) Must not include any information or supporting documentation that is not necessary to make a determination about the application.

3. Except as otherwise provided in subsection 4, a hospital or medical services corporation that receives an application for an exemption pursuant to subsection 1 shall: (a) Make a determination concerning the application if the application is complete or request additional information or documentation necessary to complete the application not later than 72 hours after receiving the application; and (b) If it requests additional information or documentation, make a determination concerning the application not later than 72 hours after receiving the requested information or documentation.

4. If, in the opinion of the attending practitioner, a step therapy protocol may seriously jeopardize the life or health of the insured, a hospital or medical services corporation that receives an application for an exemption pursuant to subsection 1 must make a determination concerning the application as expeditiously as necessary to avoid serious jeopardy to the life or health of the insured.

5. A hospital or medical services corporation shall disclose to the insured or attending practitioner who submits an application for an exemption from a step therapy protocol pursuant to subsection 1 the qualifications of each person who will review the application.

6. A hospital or medical services corporation must grant an exemption from a step therapy protocol in response to an application submitted pursuant to subsection 1 if: (a) Any treatment otherwise required under the step therapy or any drug in the same pharmacological class or having the same mechanism of action as the drug for which the exemption is requested has not been effective at treating the cancer or symptom of the insured when prescribed in accordance with clinical indications, clinical guidelines or other peer-reviewed evidence; (b) Delay of effective treatment would have severe or irreversible consequences for the insured and the treatment otherwise required under the step therapy is not reasonably expected to be effective based on the physical or mental characteristics of the insured and the known characteristics of the treatment; (c) Each treatment otherwise required under the step therapy: (1) Is contraindicated for the insured or has caused or is likely, based on peer-reviewed clinical evidence, to cause an adverse reaction or other physical harm to the insured; or (2) Has prevented or is likely to prevent the insured from performing the responsibilities of his or her occupation or engaging in activities of daily living, as defined in 42 C.F.R. § 441.505 ; (d) The condition of the insured is stable while being treated with the prescription drug for which the exemption is requested and the insured has previously received approval for coverage of that drug; or (e) Any other condition for which such an exemption is required by regulation of the Commissioner is met.

7. If a hospital or medical services corporation approves an application for an exemption from a step therapy protocol pursuant to this section, the hospital or medical services corporation must cover the prescription drug to which the exemption applies in accordance with the terms of the applicable policy of health insurance. The hospital or medical services corporation may initially limit the coverage to a 1-week supply of the drug for which the exemption is granted. If the attending practitioner determines after 1 week that the drug is effective at treating the cancer or symptom for which it was prescribed, the hospital or medical services corporation must continue to cover the drug for as long as it is necessary to treat the insured for the cancer or symptom. The hospital or medical services corporation may conduct a review not more frequently than once each quarter to determine, in accordance with available medical evidence, whether the drug remains necessary to treat the insured for the cancer or symptom. The hospital or medical services corporation shall provide a report of the review to the insured.

8. A hospital or medical services corporation shall post in an easily accessible location on an Internet website maintained by the hospital or medical services corporation a form for requesting an exemption pursuant to this section.

9. A policy of health insurance subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 2022, has the legal effect of including the coverage required by this section, and any provision of the policy that conflicts with this section is void.

10. As used in this section, “ attending practitioner ” means the practitioner, as defined in NRS 639.0125 , who has primary responsibility for the treatment of the cancer or any symptom of such cancer of an insured.
Nev. Rev. Stat. § 683A.261 — NV Code / Title 57 / Chapter 683A / Section 683A.261
Issuance, period of validity, renewal, failure to renew, contents and availability of license; lines of authority; change of address
Status: in_force

1. Unless the Commissioner refuses to issue the license under NRS 683A.451 , the Commissioner shall issue a license as a producer of insurance to a person who has satisfied the requirements of NRS 683A.241 and 683A.251 . A producer of insurance may qualify for a license in one or more of the lines of authority permitted by statute or regulation, including: (a) Life insurance on human lives, which includes benefits from endowments and annuities and may include additional benefits from death by accident and benefits for dismemberment by accident and for disability income. (b) Accident and health insurance for sickness, bodily injury or accidental death, which may include benefits for disability income. (c) Property insurance for direct or consequential loss or damage to property of every kind. (d) Casualty insurance against legal liability, including liability for death, injury or disability and damage to real or personal property. For the purposes of a producer of insurance, this line of insurance includes surety indemnifying financial institutions or providing bonds for fidelity, performance of contracts or financial guaranty. (e) Variable annuities and variable life insurance, including coverage reflecting the results of a separate investment account. (f) Credit insurance, including credit life, credit accident and health, credit property, credit involuntary unemployment, guaranteed asset protection, and any other form of insurance offered in connection with an extension of credit that is limited to wholly or partially extinguishing the obligation which the Commissioner determines should be considered as limited-line credit insurance. (g) Personal lines, consisting of automobile and motorcycle insurance and residential property insurance, including coverage for flood, of personal watercraft and of excess liability, written over one or more underlying policies of automobile or residential property insurance. (h) Travel insurance, as defined in NRS 691E.160 , as a limited line. (i) Rental car as a limited line. (j) Portable electronics as a limited line. (k) Crop as a limited line. (l) Personal property storage insurance, as defined in NRS 683A.1828 , as a limited line.

2. A license as a producer of insurance remains in effect unless revoked, suspended or otherwise terminated if, on or before the renewal date for the license: (a) A request for a renewal is submitted; (b) All applicable fees for renewal are paid for each license; and (c) Any requirement for education or any other requirement to renew the license is satisfied.

3. A producer of insurance may submit a request for a renewal of his or her license within 30 days after the renewal date if the producer of insurance otherwise complies with the provisions of subsection 2 and pays, in addition to any fee paid pursuant to subsection 2, a penalty of 50 percent of all applicable fees for renewal, except for any fee required pursuant to NRS 680C.110 .

4. Except as otherwise provided in subsection 7, a license as a producer of insurance expires if the Commissioner does not receive from the producer of insurance a request for renewal of the license pursuant to subsection 2 or 3, as applicable, on or before the date which is 30 days after the renewal date.

5. A fee paid pursuant to subsection 2, 3 or 6 is nonrefundable.

6. A natural person who allows his or her license as a producer of insurance to expire pursuant to subsection 4 may, within 12 months after the renewal date, reinstate the license without passing a written examination if the natural person: (a) Completes all applicable continuing education requirements; and (b) Pays a penalty of twice all applicable fees for renewal, except for any fee required pursuant to NRS 680C.110 .

7. A licensed producer of insurance who is unable to renew his or her license because of military service, extended medical disability or other extenuating circumstance may request a waiver of the time limit and of any fine or sanction otherwise required or imposed because of the failure to renew.

8. A license must state the licensee's name, address, personal identification number, the date of issuance, the lines of authority and the date of expiration and must contain any other information the Commissioner considers necessary. The license must be made available for public inspection upon request.

9. A licensee shall inform the Commissioner of each change of business, residence or electronic mail address, in writing or by other means acceptable to the Commissioner, within 30 days after the change. If a licensee changes his or her business, residence or electronic mail address without giving written notice and the Commissioner is unable to locate the licensee after diligent effort, the Commissioner may revoke the license without a hearing. The mailing of a letter by certified mail, return receipt requested, addressed to the licensee at his or her last mailing address appearing on the records of the Division, and the return of the letter undelivered, constitutes a diligent effort by the Commissioner.

10. 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. § 682A.320 — NV Code / Title 57 / Chapter 682A / Section 682A.320
Qualification of investment based on date of acquisition or date of commitment to acquire
Status: in_force

Except as otherwise provided in NRS 682A.325 and 682A.335 , an investment shall be deemed to qualify pursuant to this chapter if, on the date the insurer committed to acquire the investment or on the date of its acquisition, it would have qualified pursuant to this chapter. For the purposes of determining limitations contained in this chapter, an insurer shall give appropriate recognition to any commitments to acquire investments.
Nev. Rev. Stat. § 695G.130 — NV Code / Title 57 / Chapter 695G / Section 695G.130
Report regarding methods for reviewing quality of health care services: Form of report; availability for public inspection
Status: in_force

1. In addition to any other report which is required to be filed with the Commissioner, each managed care organization shall file with the Commissioner, with its annual filing made pursuant to NRS 686B.070 of forms and rates relating to policies of insurance for individuals and small employer groups, a report regarding its methods for reviewing the quality of health care services provided to its insureds. The report must be submitted on a form prescribed by the Commissioner.

2. A report filed pursuant to this section must be made available for public inspection within a reasonable time after it is received by the Commissioner.

3. As used in this section, “small employer” has the meaning ascribed to it in NRS 689C.095 .
Nev. Rev. Stat. § 695A.440 — NV Code / Title 57 / Chapter 695A / Section 695A.440
Investments
Status: in_force

1. A society shall invest its money only in such investments as are authorized by the laws of this state for the investment of assets of life insurers and subject to the limitations thereon.

2. Any foreign or alien society permitted or seeking to do business in this state which invests its money in accordance with the laws of the state, district, territory, country or province in which it is incorporated shall be deemed to meet the requirements of this section for the investment of money.
Nev. Rev. Stat. § 692C.055 — NV Code / Title 57 / Chapter 692C / Section 692C.055
“Enterprise risk” defined
Status: in_force

“ Enterprise risk ” means any activity, circumstance, event or series of events involving one or more affiliates of an insurer that, if not remedied promptly, is likely to have a material adverse effect on the financial condition or liquidity of the insurer or its insurance holding company system as a whole, including, without limitation, any activity, circumstance, event or series of events that may cause:

1. The risk-based capital of the insurer to fall below the minimum amount of risk-based capital required by regulations adopted pursuant to NRS 681B.290 ; or

2. The insurer to be in a hazardous financial condition as set forth in regulations adopted pursuant to NRS 680A.205 .
Nev. Rev. Stat. § 689A.0435 — NV Code / Title 57 / Chapter 689A / Section 689A.0435
Option of coverage for autism spectrum disorders for certain persons required; prohibited acts
Status: in_force

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

2. Optional coverage provided pursuant to this section must be subject to: (a) A maximum benefit of not less than the actuarial equivalent of $72,000 per year for applied behavior analysis treatment; and (b) Copayment, deductible and coinsurance provisions and any other general exclusions or limitations of a policy of health insurance to the same extent as other medical services or prescription drugs covered by the policy.

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

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

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

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

7. As used in this section: (a) “ Applied behavior analysis ” means the design, implementation and evaluation of environmental modifications using behavioral stimuli and consequences to produce socially significant improvement in human behavior, including, without limitation, the use of direct observation, measurement and functional analysis of the relations between environment and behavior. (b) “ Autism spectrum disorder ” has the meaning ascribed to it in NRS 427A.875 . (c) “ Behavioral therapy ” means any interactive therapy derived from evidence-based research, including, without limitation, discrete trial training, early intensive behavioral intervention, intensive intervention programs, pivotal response training and verbal behavior provided by a licensed psychologist, licensed behavior analyst, licensed assistant behavior analyst or registered behavior technician. (d) “ Evidence-based research ” means research that applies rigorous, systematic and objective procedures to obtain valid knowledge relevant to autism spectrum disorders. (e) “ Habilitative or rehabilitative care ” means counseling, guidance and professional services and treatment programs, including, without limitation, applied behavior analysis, that are necessary to develop, maintain and restore, to the maximum extent practicable, the functioning of a person. (f) “ Licensed assistant behavior analyst ” has the meaning ascribed to the term “assistant behavior analyst” in NRS 641D.020 . (g) “ Licensed behavior analyst ” has the meaning ascribed to the term “behavior analyst” in NRS 641D.030 . (h) “ Prescription care ” means medications prescribed by a licensed physician and any health-related services deemed medically necessary to determine the need or effectiveness of the medications. (i) “ Psychiatric care ” means direct or consultative services provided by a psychiatrist licensed in the state in which the psychiatrist practices. (j) “ Psychological care ” means direct or consultative services provided by a psychologist licensed in the state in which the psychologist practices. (k) “ Registered behavior technician ” has the meaning ascribed to it in NRS 641D.100 . (l) “ Screening for autism spectrum disorders ” means medically necessary assessments, evaluations or tests to screen and diagnose whether a person has an autism spectrum disorder. (m) “ Therapeutic care ” means services provided by licensed or certified speech-language pathologists, occupational therapists and physical therapists. (n) “ Treatment plan ” means a plan to treat an autism spectrum disorder that is prescribed by a licensed physician or licensed psychologist and may be developed pursuant to a comprehensive evaluation in coordination with a licensed behavior analyst.
Nev. Rev. Stat. § 693A.420 — NV Code / Title 57 / Chapter 693A / Section 693A.420
“Eligible member” defined
Status: in_force

“ Eligible member ” means a person who has a membership interest in the converting mutual on the date on which the board of directors of the converting mutual adopts a resolution proposing a plan of conversion and an amendment to its articles of incorporation.
Nev. Rev. Stat. § 686C.040 — NV Code / Title 57 / Chapter 686C / Section 686C.040
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 686C.045 to 686C.127 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 692C.400 — NV Code / Title 57 / Chapter 692C / Section 692C.400
Extraordinary distributions to shareholders: Conditional declaration
Status: in_force

Notwithstanding any other provision of law, an insurer may declare an extraordinary dividend or distribution which is conditional upon the Commissioner's approval thereof, and such a declaration shall confer no rights upon shareholders until:

1. The Commissioner has approved the payment of such dividend or distribution; or

2. The Commissioner has not disapproved such payment within the 30-day period referred to in NRS 692C.390 .
Nev. Rev. Stat. § 680A.205 — NV Code / Title 57 / Chapter 680A / Section 680A.205
Determination of hazardous financial condition of insurer: Regulations; hearing; disciplinary actions; review of order
Status: in_force

1. The Commissioner may adopt regulations to define when an insurer 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 an insurer transacting business in this state may be considered to be hazardous to its policyholders or creditors or to the general public.

2. If the Commissioner determines after a hearing that any insurer is in a hazardous financial condition, the Commissioner may, instead of suspending or revoking the insurer's certificate of authority, limit the insurer's 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.

3. An order or decision of the Commissioner under this section is subject to review in accordance with NRS 679B.310 to 679B.370 , inclusive, at the request of any party to the proceedings whose interests are substantially affected.
Nev. Rev. Stat. § 687A.140 — NV Code / Title 57 / Chapter 687A / Section 687A.140
Rates and premiums to include recoupment of amount paid by Association
Status: in_force

The rates and premiums charged for insurance policies to which this chapter applies shall include amounts sufficient to recoup a sum equal to the amounts paid to the Association by the member insurer less any amounts returned to the member insurer by the Association, or less any premium tax credits allowed under this chapter, and such rates shall not be deemed excessive as a result of containing such recoupment allowances.
Nev. Rev. Stat. § 683A.08522 — NV Code / Title 57 / Chapter 683A / Section 683A.08522
Certificate of registration: Contents of application
Status: in_force

Each application for a certificate of registration as an administrator must include or be accompanied by:

1. A financial statement of the applicant that has been reviewed by an independent certified public accountant and which includes: (a) A statement regarding the amount of money that the applicant expects to collect from or disburse to residents of this state during the next calendar year. (b) Financial information for the 90 days immediately preceding the date the application was filed with the Commissioner. (c) An income statement and balance sheet for the 2 years immediately preceding the application that are: (1) Prepared in accordance with generally accepted accounting principles; and (2) Reviewed by an independent certified public accountant. (d) A certification of the financial statement by an officer of the applicant.

2. The documents used to create the business association of the administrator, including articles of incorporation, articles of association, a partnership agreement, a trust agreement and a shareholders' agreement.

3. The documents used to regulate the internal affairs of the administrator, including the bylaws, rules or regulations of the administrator.

4. A certificate of registration issued pursuant to NRS 600.350 for a trade name or trademark used by the administrator, if applicable.

5. An organizational chart that identifies each person who directly or indirectly controls the administrator and each affiliate of the administrator.

6. A notarized affidavit from each person who manages or controls the administrator, including each member of the board of directors or board of trustees, each officer, partner and member of the business association of the administrator, and each shareholder of the administrator who holds not less than 10 percent of the voting stock of the administrator. The affidavit must include: (a) The personal history, business record and insurance experience of the affiant; (b) Whether the affiant has been investigated by any regulatory authority or has had any license or certificate denied, suspended or revoked in any state; and (c) Any other information that the Commissioner may require.

7. The complete name and address of each office of the administrator, including offices located outside this state.

8. A statement that sets forth whether the administrator has: (a) Held a license or certificate to transact any kind of insurance in this state or any other state and whether that license or certificate has been refused, suspended or revoked; (b) Been indebted to any person and, if so, the circumstances of that debt; and (c) Had an administrative agreement cancelled and, if so, the circumstances of that cancellation.

9. A statement that describes the business plan of the administrator. The statement must include information: (a) Concerning the number of persons on the staff of the administrator and the activities proposed in this state or in any other state. (b) That demonstrates the capability of the administrator to provide a sufficient number of experienced and qualified persons for the processing of claims, the keeping of records and, if applicable, underwriting.

10. If the applicant intends to solicit new or renewal business, proof that the applicant employs or has contracted with a producer of insurance licensed in this state to solicit and take applications. An applicant who intends to solicit insurance contracts directly or to act as a producer must provide proof that the applicant is licensed as a producer in this state.

11. If the applicant is not an insurer and is not domiciled in this State, a copy of the license, certificate or other authorization issued by the state in which the applicant is domiciled which authorizes the applicant to act as an administrator in that state, if any.

12. Any other information required by the Commissioner.
Nev. Rev. Stat. § 688C.175 — NV Code / Title 57 / Chapter 688C / Section 688C.175
Applicability of other provisions
Status: in_force

1. Persons engaged in the business of viatical settlements are subject to the provisions of this chapter and to the following provisions, to the extent reasonably applicable: (a) NRS 679B.230 to 679B.300 , inclusive, concerning examinations of insurers. (b) NRS 679B.310 to 679B.370 , inclusive, concerning hearings regarding insurers and employees of insurers. (c) Chapter 680A of NRS . (d) Chapter 683A of NRS . (e) NRS 686A.010 to 686A.310 , inclusive, concerning trade practices and frauds.

2. Nothing in this chapter or elsewhere in this title preempts or otherwise limits the provisions of chapter 90 of NRS, or of any rules, regulations or orders issued by or through the Administrator of the Securities Division of the Office of the Secretary of State or the Administrator's designee acting pursuant to the authority granted by chapter 90 of NRS.

3. Compliance with the provisions of this chapter does not constitute compliance with any applicable provisions of chapter 90 of NRS or with any rule, regulation or order adopted or issued thereunder.
Nev. Rev. Stat. § 682A.069 — NV Code / Title 57 / Chapter 682A / Section 682A.069
“Equity interest” defined
Status: in_force

“ Equity interest ” means any of the following that are not rated credit instruments:

1. Common stock;

2. Preferred stock;

3. A trust certificate;

4. An equity investment in an investment company, other than a money market mutual fund or a class one bond mutual fund;

5. An investment in a common trust fund of a bank regulated by a federal or state agency;

6. An ownership interest in minerals, oil or gas, the rights to which have been separated from the underlying fee interest in the real estate where the minerals, oil or gas are located;

7. Instruments which are mandatorily, or at the option of the issuer, convertible to equity;

8. Limited partnership interests and those general partnership interests authorized pursuant to paragraph (d) of subsection 1 of NRS 682A.380 ;

9. Member interests in a limited-liability company;

10. Warrants or other rights to acquire equity interests that are created by the person that owns or would issue the equity to be acquired; and

11. Instruments that would be rated credit instruments but for the provisions of subsection 2 of NRS 682A.177 .
Nev. Rev. Stat. § 691E.350 — NV Code / Title 57 / Chapter 691E / Section 691E.350
Regulations
Status: in_force

The Commissioner may adopt regulations to carry out the provisions of this chapter.
Nev. Rev. Stat. § 686A.110 — NV Code / Title 57 / Chapter 686A / Section 686A.110
Life insurance, annuities and health insurance: Rebates and other inducements prohibited; exceptions
Status: in_force

1. Except as otherwise expressly provided by law, no person shall knowingly: (a) Permit to be made or offer to make or make any contract of life insurance, life annuity or health insurance, or agreement as to such contract, other than as plainly expressed in the contract issued thereon, or pay or allow, or give or offer to pay, allow or give, directly or indirectly, or knowingly accept, as an inducement to such insurance or annuity, any rebate of premiums payable on the contract, or any special favor or advantage in the dividends or other benefits thereon, or any paid employment or contract for services of any kind, or any valuable consideration or inducement whatever not specified in the contract; or (b) Directly or indirectly give or sell or purchase or offer or agree to give, sell, purchase, or allow as an inducement to such insurance or annuity or in connection therewith, whether or not to be specified in the policy or contract, any agreement of any form or nature promising returns and profits, or any stocks, bonds or other securities, or interest present or contingent therein or as measured thereby, of any insurer or other corporation, association or partnership, or any dividends or profits accrued or to accrue thereon.

2. The provisions of this section do not prohibit any person, in the case of any policy or contract of life insurance, life annuity or health insurance, from providing to a policyholder or prospective policyholder prizes and gifts, goods, wares, merchandise, gift certificates, donations made to charitable organizations, raffle entries, meals, event tickets and other items not to exceed $100 in aggregate value per policyholder or prospective policyholder in any 1 calendar year.
Nev. Rev. Stat. § 689C.520 — NV Code / Title 57 / Chapter 689C / Section 689C.520
Registration: Additional requirements
Status: in_force

1. Before the issuance of a certificate of registration, each voluntary purchasing group shall, to the satisfaction of the Commissioner: (a) Establish the conditions of membership in the group and require as a condition of membership that all employers include all their eligible employees. The group may not differentiate among classes of membership on the basis of the kind of employment, race, religion, sex, sexual orientation, gender identity or expression, education, health or income. The group shall set reasonable fees for membership which will finance all reasonable and necessary costs incurred in administering the group. (b) Provide to members of the group and their eligible employees any applicable disclosures of the coverage provided by any proposed contracts and any applicable information regarding available benefits and carriers provided by any proposed contracts.

2. In addition to the information required pursuant to subsection 1, a voluntary purchasing group shall provide annually to members of the group information regarding available benefits and carriers.
Nev. Rev. Stat. § 681A.260 — NV Code / Title 57 / Chapter 681A / Section 681A.260
“Actuary” defined
Status: in_force

“Actuary” means a person who is a member in good standing of the American Academy of Actuaries or its successor organization.
Nev. Rev. Stat. § 695D.010 — NV Code / Title 57 / Chapter 695D / Section 695D.010
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 695D.012 to 695D.080 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 682A.340 — NV Code / Title 57 / Chapter 682A / Section 682A.340
Required documentation of acquisition
Status: in_force

An insurer shall maintain documentation demonstrating that investments were acquired in accordance with the provisions of this chapter, and specifying the section of this chapter pursuant to which they were acquired.
Nev. Rev. Stat. § 686A.400 — NV Code / Title 57 / Chapter 686A / Section 686A.400
Records: Maintenance; form of preservation; open to Commissioner
Status: in_force

1. A company shall maintain records of each transaction for 3 years after making the final entry with respect to the transaction. The records may be preserved in photographic form, on microfilm or microfiche or in a form approved by the Commissioner.

2. The records must be open to the Commissioner at all times. The Commissioner may require a company to furnish to the Commissioner in any form the Commissioner requires any information maintained in the company's records.