Nev. Rev. Stat. § 689B.03762 — NV Code / Title 57 / Chapter 689B / Section 689B.03762
Required provision in policy covering prescription drugs concerning coverage for drugs irregularly dispensed for purpose of synchronization of chronic medications; prohibited acts; exception
Status: in_force

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

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

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

4. As used in this section: (a) “ Chronic medication ” means any drug that is prescribed to treat any disease or other condition which is determined to be permanent, persistent or lasting indefinitely. (b) “ Synchronization ” means the alignment of the dispensing of multiple medications by a single contracted pharmacy for the purpose of improving a patient's adherence to a prescribed course of medication. (c) “ Unit-of-use packaging ” means medication that is prepackaged by the manufacturer in blister packs, compliance packs, course-of-therapy packs or any other packaging which is designed and intended to be dispensed directly to the patient without modification by the dispensing pharmacy, except for the addition of a prescription label.
Nev. Rev. Stat. § 692A.200 — NV Code / Title 57 / Chapter 692A / Section 692A.200
Division of rates and charges
Status: in_force

Nothing in this chapter prohibits the division of rates and charges between or among:

1. A title insurer and its agent;

2. Two or more title insurers;

3. One or more title insurers and one or more title agents; or

4. Two or more title agents,

if the division of rates and charges does not constitute an unlawful rebate under the laws of this State.
Nev. Rev. Stat. § 695F.400 — NV Code / Title 57 / Chapter 695F / Section 695F.400
License required to apply, procure, negotiate or place for another any policy or contract of organization
Status: in_force

A person shall not apply, procure, negotiate or place for another person any policy or contract of a prepaid limited health service organization unless he or she holds a license issued pursuant to chapter 683A of NRS .
Nev. Rev. Stat. § 692B.210 — NV Code / Title 57 / Chapter 692B / Section 692B.210
Mutual insurers: Permit; bond or deposit
Status: in_force

1. Before soliciting applications for insurance as required under NRS 692B.200 , the incorporators of the proposed insurer shall procure a solicitation permit as required by NRS 692B.040 , and shall file with the Commissioner a corporate surety bond in the penal sum of $50,000 in favor of the State of Nevada and conditioned as follows: (a) Upon due accounting for and deposit, as required under NRS 692B.230 , of funds received as premiums upon applications for insurance; and (b) If the corporation fails to complete its organization and secure a certificate of authority issued by the Commissioner within the period allowed therefor by the solicitation permit, all premiums collected from applicant members will be promptly returned to them, and all other indebtedness of the corporation, other than any compensation to directors, officers or solicitors of insurance applications, and costs incurred by the State of Nevada in any legal proceedings for the liquidation or dissolution of the corporation will be paid.

2. In lieu of such a bond, the incorporators may deposit with the Commissioner cash in the amount of $50,000, or securities of the United States Government or of the State of Nevada of a market value of at least $50,000, and the Commissioner shall hold such deposit in trust for the same purposes as apply to a bond under subsection 1.

3. If the corporation or an affiliate corporation proposes also to offer securities for initial financing of the proposed insurer, in addition to the securing of qualifying applications for insurance, the bond or deposit required by this section may be combined with that required under NRS 692B.150 , with appropriate extension of the conditions of such bond or deposit to comply with the requirements of both sections, so that only one such bond or deposit of $50,000 shall be necessary for all such purposes.

4. The Commissioner shall release and discharge the bond or deposit or remaining portion thereof held under this section upon settlement of all liabilities, if any, against it.
Nev. Rev. Stat. § 695B.1942 — NV Code / Title 57 / Chapter 695B / Section 695B.1942
Required provision in contract covering treatment of prostate cancer concerning coverage for prostate cancer screening; prohibited act
Status: in_force

1. A policy of health insurance issued by a hospital or medical service corporation that provides coverage for the treatment of prostate cancer must provide coverage for prostate cancer screening in accordance with: (a) The guidelines concerning prostate cancer screening which are published by the American Cancer Society; or (b) Other guidelines or reports concerning prostate 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 issued by a hospital or medical service corporation that provides coverage for the treatment of prostate cancer must not require an insured to obtain prior authorization for any service provided pursuant to subsection 1.

3. A policy of health insurance issued by a hospital or medical service corporation that provides coverage for the treatment of prostate cancer which is delivered, issued for delivery or renewed on or after July 1, 2007, has the legal effect of including the coverage required by subsection 1, and any provision of the policy or the renewal which is in conflict with subsection 1 is void.
Nev. Rev. Stat. § 686A.055 — NV Code / Title 57 / Chapter 686A / Section 686A.055
Use of existence of Nevada Insurance Guaranty Association or Nevada Life and Health Insurance Guaranty Association to induce purchase of or discourage termination of insurance covered by Association prohibited; exception
Status: in_force

A person who is an insurer or an agent or employee of an insurer shall not place before the public by any means any advertisement, announcement or statement which uses the existence of the Nevada Insurance Guaranty Association or the Nevada Life and Health Insurance Guaranty Association for the purpose of inducing the purchase of, or discouraging the termination of, any insurance covered by the Association. This section does not apply to either of the associations named.
Nev. Rev. Stat. § 692C.080 — NV Code / Title 57 / Chapter 692C / Section 692C.080
“Person” defined
Status: in_force

“ Person ” includes an individual, corporation, limited-liability company, partnership, association, joint stock company, trust, unincorporated organization or any similar entity, or any combination thereof acting in concert. The term does not include:

1. Any joint venture partnership that is exclusively engaged in owning, managing, leasing or developing any real or tangible personal property; or

2. Any securities broker performing no more than the usual and customary broker's function.
Nev. Rev. Stat. § 692C.260 — NV Code / Title 57 / Chapter 692C / Section 692C.260
Registration required; person within insurance holding company system subject to registration required to provide information to insurer
Status: in_force

1. Every insurer which is authorized to do business in this state and which is a member of an insurance holding company system shall register with the Commissioner, except a foreign insurer subject to disclosure requirements and standards adopted by a statute or regulation in the jurisdiction of its domicile which are substantially similar to those contained in NRS 692C.260 to 692C.350 , inclusive.

2. Any insurer which is subject to registration under NRS 692C.260 to 692C.350 , inclusive, shall register not later than September 1, 1973, or 15 days after it becomes subject to registration, whichever is later, and annually thereafter by June 30 of each year for the immediately preceding calendar year, unless the Commissioner for good cause shown extends the time for registration. The Commissioner may require any authorized insurer which is a member of a holding company system which is not subject to registration under this section to furnish a copy of the registration statement or other information filed by the insurance company with the insurance regulatory authority of domiciliary jurisdiction.

3. Any person within an insurance holding company system subject to registration shall, upon request by an insurer, provide complete and accurate information to the insurer if the information is reasonably necessary to enable the insurer to comply with the provisions of this section.
Nev. Rev. Stat. § 695B.191 — NV Code / Title 57 / Chapter 695B / Section 695B.191
Required provision in policy covering mastectomies concerning coverage relating to mastectomy; prohibited acts
Status: in_force

1. A policy of health insurance, issued by a medical service corporation, which provides coverage for the surgical procedure known as a mastectomy must also provide commensurate coverage for: (a) Reconstruction of the breast on which the mastectomy has been performed; (b) Surgery and reconstruction of the other breast to produce a symmetrical structure; and (c) Prostheses and physical complications for all stages of mastectomy, including lymphedemas.

2. The provision of services must be determined by the attending physician and the patient.

3. The plan or issuer may require deductibles and coinsurance payments if they are consistent with those established for other benefits.

4. Written notice of the availability of the coverage must be given upon enrollment and annually thereafter. The notice must be sent to all participants: (a) In the next mailing made by the plan or issuer to the participant or beneficiary; or (b) As part of any annual information packet sent to the participant or beneficiary, whichever is earlier.

5. A plan or issuer may not: (a) Deny eligibility, or continued eligibility, to enroll or renew coverage, in order to avoid the requirements of subsections 1 to 4, inclusive; or (b) Penalize, or limit reimbursement to, a provider of care, or provide incentives to a provider of care, in order to induce the provider not to provide the care listed in subsections 1 to 4, inclusive.

6. A plan or issuer may negotiate rates of reimbursement with providers of care.

7. If reconstructive surgery is begun within 3 years after a mastectomy, the amount of the benefits for that surgery must equal those amounts provided for in the policy at the time of the mastectomy. If the surgery is begun more than 3 years after the mastectomy, the benefits provided are subject to all of the terms, conditions and exclusions contained in the policy at the time of the reconstructive surgery.

8. A policy subject to the provisions of this chapter which is delivered, issued for delivery or renewed on or after October 1, 2001, 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.

9. For the purposes of this section, “ reconstructive surgery ” means a surgical procedure performed following a mastectomy on one breast or both breasts to re-establish symmetry between the two breasts. The term includes augmentation mammoplasty, reduction mammoplasty and mastopexy.
Nev. Rev. Stat. § 690B.160 — NV Code / Title 57 / Chapter 690B / Section 690B.160
Contracts: Specifications; cancellation; renewal
Status: in_force

1. A contract of insurance for home protection must specify: (a) The structures, components, systems and appliances covered by the provisions of the contract. (b) Any exclusions from and limitations on coverage. (c) The period during which the contract will be in effect, and the renewal terms, if any. (d) The services to be performed by the insurer and the terms and conditions of the insurer’s performance. (e) The copayment, service fee or deductible charge, if any, to be charged to the insured. (f) All limitations regarding the performance of services, including any restrictions as to the time during or geographical area within which services may be requested or will be performed. (g) That the insurer will commence an investigation of a claim upon a request from the insured by telephone, without any requirement that claim forms or applications be filed before the commencement of the investigation. (h) That, except in an emergency, including, without limitation, the loss of heating, cooling, plumbing or electrical service by the insured, services will be initiated by or under the direction of the insurer within 48 hours after the conclusion of an investigation of a claim. Work must commence on an emergency not later than 24 hours after the report of the claim. The Commissioner may adopt regulations to define “emergency” for the purposes of this paragraph. (i) Other conditions and provisions pertaining to the coverage as required by the insurance laws of this State or regulations adopted by the Commissioner.

2. Insurance for home protection may not be cancelled during the term for which it is issued, except: (a) For nonpayment of the fee for the contract. (b) For fraud or misrepresentation of facts material to the issuance or renewal of the contract. (c) Insurance which provides coverage before the home is sold if the sale is not made. The cancellation must be made in accordance with the contract provisions.

3. Insurance for home protection is not renewable unless its terms provide otherwise.
Nev. Rev. Stat. § 682B.020 — NV Code / Title 57 / Chapter 682B / Section 682B.020
Purpose of deposit
Status: in_force

1. Deposits made in this state under NRS 680A.140 and 680A.330 (retaliatory provision) shall be held in trust for the respective purposes stated in those sections.

2. A deposit made in this state by a domestic insurer transacting insurance in another state, province or country, and as required by the laws of such other state, province or country, shall be held for the protection of all the insurer's policyholders or all its policyholders and creditors or for such other purpose or purposes as may be specified pursuant to such laws.

3. Deposits required under NRS 680A.330 (retaliatory provision) shall be held for such purposes as are required by such section, and as specified by the Commissioner's order requiring such deposit to be made.
Nev. Rev. Stat. § 681B.320 — NV Code / Title 57 / Chapter 681B / Section 681B.320
Accident and health insurance policies: Minimum standard of valuation; applicability
Status: in_force

1. For accident and health insurance policies and contracts issued on or after the operative date of the Valuation Manual , the standard prescribed in the Valuation Manual is the minimum standard of valuation required under NRS 681B.330 .

2. Except as otherwise provided in NRS 681B.310 , the provisions of this section apply only to, or in connection with, policies and contracts issued on or after the operative date of the Valuation Manual .
Nev. Rev. Stat. § 689C.193 — NV Code / Title 57 / Chapter 689C / Section 689C.193
Carrier prohibited from imposing restriction on being participant of or beneficiary of plan inconsistent with certain provisions; restrictions on rules of eligibility that may be established
Status: in_force

1. A carrier shall not place any restriction on a small employer or an eligible employee or a dependent of the eligible employee as a condition of being a participant in or a beneficiary of a health benefit plan that is inconsistent with NRS 689C.015 to 689C.355 , inclusive.

2. A carrier that offers health insurance coverage to small employers pursuant to this chapter shall not establish rules of eligibility which conflict with the provisions of NRS 689B.550 , including, but not limited to, rules which define applicable waiting periods, for the initial or continued enrollment under a health benefit plan offered by the carrier that are based on the following factors relating to the eligible employee or a dependent of the eligible employee: (a) Health status. (b) Medical condition, including physical and mental illnesses, or both. (c) Claims experience. (d) Receipt of health care. (e) Medical history. (f) Genetic information. (g) Evidence of insurability, including conditions which arise out of acts of domestic violence. (h) Disability.

3. Except as otherwise provided in NRS 689C.190 , the provisions of subsection 1 do not require a carrier to provide particular benefits other than those that would otherwise be provided under the terms of the health benefit plan or coverage.

4. Nothing in this section: (a) Restricts the amount that a small employer may be charged for coverage by a carrier; (b) Prevents a carrier from establishing premium discounts or rebates or from modifying otherwise applicable copayments or deductibles in return for adherence by the insured person to programs of health promotion and disease prevention; or (c) Precludes a carrier from establishing rules relating to employer contribution or group participation when offering health insurance coverage to small employers in this State.

5. As used in this section: (a) “ Contribution ” means the minimum employer contribution toward the premium for enrollment of participants and beneficiaries in a health benefit plan. (b) “ Group participation ” means the minimum number of participants or beneficiaries that must be enrolled in a health benefit plan in relation to a specified percentage or number of eligible persons or employees of the employer.
Nev. Rev. Stat. § 683A.1837 — NV Code / Title 57 / Chapter 683A / Section 683A.1837
“Supervising entity” defined
Status: in_force

“ Supervising entity ” means a business or entity that is an authorized insurer or producer of property and casualty insurance.
Nev. Rev. Stat. § 690C.220 — NV Code / Title 57 / Chapter 690C / Section 690C.220
Requiring purchase of service contract as condition of loan or purchase of goods prohibited
Status: in_force

No person may require the purchase of a service contract as a condition for the approval of a loan or the purchasing of goods.
Nev. Rev. Stat. § 693A.110 — NV Code / Title 57 / Chapter 693A / Section 693A.110
Management and agency contracts; regulations
Status: in_force

1. After January 1, 1972, a domestic insurer shall not make any contract whereby any person is granted or is to enjoy in fact the management of the insurer to the material exclusion of its board of directors or to have the controlling or preemptive right to produce substantially all insurance business for the insurer, or, if an officer, director or otherwise part of the insurer's management, is to receive any commission, bonus or compensation based upon the volume of the insurer's business or transactions, unless the contract is filed with and not disapproved by the Commissioner. The contract must become effective in accordance with its terms unless disapproved by the Commissioner within 20 days after the date of filing, subject to such reasonable extension of time as the Commissioner may require by notice given within such 20 days. Any disapproval must be delivered to the insurer in writing stating the grounds therefor.

2. Any such contract must provide that any such manager, producer of its business or contract holder shall within 90 days after expiration of each calendar year furnish the insurer's board of directors a written statement of amounts received under or on account of the contract and amounts expended thereunder during the previous calendar year, with specification of the emoluments received therefrom by the respective directors, officers and other principal management personnel of the manager or producer, and with such classification of items and further detail as the insurer's board of directors may reasonably require.

3. The Commissioner shall disapprove any such contract if the Commissioner finds that it: (a) Subjects the insurer to excessive charges; (b) Is to extend for an unreasonable length of time; (c) Does not contain fair and adequate standards of performance; or (d) Contains other inequitable provision or provisions which impair the proper interests of stockholders or members of the insurer.

4. The Commissioner may, after a hearing held thereon, disapprove any such contract theretofore permitted to become effective, if the Commissioner finds that the contract should be disapproved on any of the grounds specified in subsection 3.

5. This section does not apply to contracts entered into before January 1, 1972, or to extensions or amendments of such contracts.

6. The Commissioner may adopt regulations governing the management and agency contracts of insurers.
Nev. Rev. Stat. § 695B.185 — NV Code / Title 57 / Chapter 695B / Section 695B.185
Group contract which offers difference of payment between preferred providers of health care and providers who are not preferred: Limitations on deductibles and copayments; circumstances in which service is deemed to be provided by preferred provider; processing of claims of providers who are not preferred
Status: in_force

A group contract for hospital, medical or dental services which offers a difference of payment between preferred providers of health care and providers of health care who are not preferred:

1. May not require a deductible of more than $600 difference per admission to a facility for inpatient treatment which is not a preferred provider of health care.

2. May not require a deductible of more than $500 difference per treatment, other than inpatient treatment at a hospital, by a provider which is not preferred.

3. May not require an insured, another insurer who issues policies of group health insurance, a nonprofit medical service corporation or a health maintenance organization to pay any amount in excess of the deductible or coinsurance due from the insured based on the rates agreed upon with a provider.

4. May not provide for a difference in percentage rates of payment for coinsurance of more than 30 percentage points between the copayment required to be paid by the insured to a preferred provider of health care and the copayment required to be paid by the insured to a provider of health care who is not preferred.

5. Must require that the deductible and payment for coinsurance paid by the insured to a preferred provider of health care be applied to the negotiated reduced rates of that provider.

6. Must provide that if there is a particular service which a preferred provider of health care does not provide and the provider of health care who is treating the insured determines that the use of the service is necessary for the health of the insured, the service shall be deemed to be provided by the preferred provider of health care.

7. Must require the corporation to process a claim of a provider of health care who is not preferred not later than 30 working days after the date on which proof of the claim is received.
Nev. Rev. Stat. § 688C.275 — NV Code / Title 57 / Chapter 688C / Section 688C.275
Restrictions on business of broker and provider of viatical settlements
Status: in_force

With respect to a viatical settlement or a policy of insurance:

1. A broker of viatical settlements shall not knowingly solicit an offer from, effectuate a viatical settlement with or make a sale to any provider, purchaser or investment agent of viatical settlements who: (a) Controls; (b) Is controlled by; or (c) Is under common control with, the broker of viatical settlements.

2. A provider of viatical settlements shall not knowingly enter into a viatical settlement with a viator if, in connection with that viatical settlement, anything of value will be paid to a broker of viatical settlements who controls, is controlled by or is under common control with a provider, purchaser or investment agent of viatical settlements who is involved in the viatical settlement.
Nev. Rev. Stat. § 687A.030 — NV Code / Title 57 / Chapter 687A / Section 687A.030
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 687A.031 to 687A.0395 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 689B.510 — NV Code / Title 57 / Chapter 689B / Section 689B.510
Carrier authorized to modify coverage for insurance product under certain circumstances
Status: in_force

A carrier may modify the health insurance coverage for a product offered pursuant to a group health plan by the carrier at the time of renewal of such coverage if the modification is consistent with the provisions of this chapter.
Nev. Rev. Stat. § 686B.175 — NV Code / Title 57 / Chapter 686B / Section 686B.175
Commissioner authorized to assess insurers for state contribution for federally reinsured losses
Status: in_force

1. The Commissioner is authorized to assess each insurance company authorized to do business in this state an aggregate amount sufficient to provide a fund to reimburse the Secretary of Housing and Urban Development in the manner set forth in section 1223(a)(1) of the National Housing Act as amended by section 1103 of the Urban Property Protection and Reinsurance Act of 1968, P.L. 90-448, 82 Stat. 476. The assessment shall be on those lines reinsured during the current year in this state by the Secretary of Housing and Urban Development pursuant to such act. The assessment shall be in the proportion that the premiums earned during the preceding calendar year by each such company in this state bear to the aggregate premiums earned on those lines in this state by all insurers. The fund may be provided in whole or in part from appropriations by the Legislature.

2. Rates used by an insurer shall not be deemed excessive because they contain an amount reasonably calculated to recoup assessments made under this section.
Nev. Rev. Stat. § 682A.025 — NV Code / Title 57 / Chapter 682A / Section 682A.025
“Business entity” defined
Status: in_force

“ Business entity ” includes, without limitation, a sole proprietorship, corporation, limited-liability company, association, partnership, joint-stock company, joint venture, mutual fund, trust, joint tenancy or other similar form of business organization, whether organized for-profit or not-for-profit.
Nev. Rev. Stat. § 683A.301 — NV Code / Title 57 / Chapter 683A / Section 683A.301
Use of true or fictitious name by applicant for license or licensee
Status: in_force

1. An applicant for a license as a producer of insurance or a licensee who desires to use a name other than his or her true name as shown on the license shall submit a request for approval of the name and file with the Commissioner a certified copy of the certificate or any renewal certificate filed pursuant to chapter 602 of NRS . An incorporated applicant or licensee shall file with the Commissioner a document showing the corporation's true name and all fictitious names under which it conducts or intends to conduct business. A licensee shall file promptly with the Commissioner a written notice of any change in or discontinuance of the use of a fictitious name.

2. The Commissioner may disapprove in writing the use of a true name, other than the true name of a natural person who is the applicant or licensee, or a fictitious name of any applicant or licensee, on any of the following grounds: (a) The name interferes with or is deceptively similar to a name already filed and in use by another licensee. (b) Use of the name may mislead the public in any respect. (c) The name states or implies that the applicant or licensee is an insurer, motor club or hospital service plan or is entitled to engage in activities related to insurance not permitted under the license applied for or held. (d) The name states or implies that the licensee is an underwriter, but: (1) A natural person licensed as a producer of insurance for life insurance may describe himself or herself as an underwriter or “chartered life underwriter” if entitled to do so; (2) A natural person licensed for property and casualty insurance may use the designation “chartered property and casualty underwriter” if entitled thereto; and (3) A trade association for producers of insurance may use a name containing the word “underwriter.” (e) The licensee submits a request to use more than one fictitious name at a single business location.

3. A licensee shall not use a name after written notice from the Commissioner indicates that its use violates the provisions of this section. If the Commissioner determines that the use is justified by mitigating circumstances, the Commissioner may permit, in writing, the use of the name to continue for a specified reasonable period upon conditions imposed by the Commissioner for the protection of the public consistent with this section.

4. Paragraphs (a), (c) and (d) of subsection 2 do not apply to the true name of an organization which on July 1, 1965, held under that name a type of license similar to those governed by this chapter, or to a fictitious name used on July 1, 1965, by a natural person or organization holding such a license, if the fictitious name was filed with the Commissioner on or before July 1, 1965.
Nev. Rev. Stat. § 695B.120 — NV Code / Title 57 / Chapter 695B / Section 695B.120
Certificate of authority: Qualifications
Status: in_force

The Commissioner shall not issue or renew a certificate of authority to any corporation proposing to establish, maintain or operate a nonprofit hospital, medical or dental service plan until such corporation establishes:

1. If a nonprofit hospital service corporation, that it has entered into contracts with hospitals in the State of Nevada having an aggregate bed capacity sufficient to render the services contemplated to be furnished under the hospital service plan to persons in the State of Nevada.

2. That the hospital, medical or dental service contract proposed to be entered into by such corporation with those who may become subscribers is not such as will work a fraud or injustice upon such subscribers or any person.

3. That a schedule of the rates, dues, fees or other periodic charges to be paid by subscribers has been filed with the Commissioner and the same are not such as will, after providing for such legal reserves as are required by NRS 695B.140 , result in profit to, or in the accumulation of excessive reserves or surpluses by, such corporation and are such as will enable such corporation to furnish or provide the hospital, medical or dental services which it proposes to make available to its beneficiaries and subscribers without impairment of its legal reserves and without a constant depletion of the assets of such corporation. A reserve or surplus over and above all approved and required reserves in an amount in excess of the average annual gross income of such corporation for the immediately preceding 3 calendar years shall be prima facie an excessive accumulation.
Nev. Rev. Stat. § 688C.470 — NV Code / Title 57 / Chapter 688C / Section 688C.470
Immunity of persons providing information regarding felonious acts; award of attorney’s fees and costs
Status: in_force

1. Except as otherwise provided in subsection 2, a person furnishing information of the kind described in NRS 688C.460 is immune from liability and civil action if the information is furnished to or received from: (a) The Commissioner or the employees, agents or representatives of the Commissioner; (b) Another federal, state or local law enforcement or regulatory officer or his or her employees, agents or representatives; (c) Another person involved in the prevention or detection of violations of NRS 688C.450 or similar offenses or the employees, agents or representatives of the person; (d) The National Association of Insurance Commissioners or other regulatory body overseeing life insurance or viatical settlements, or its employees, agents or representatives; or (e) The insurer that issued the policy concerned in the information.

2. The immunity provided in subsection 1 does not extend to a statement made with actual malice. In an action brought against a person for filing a report or furnishing other information concerning a violation of NRS 688C.450 , the plaintiff must plead specifically that the defendant acted with actual malice.

3. This section does not supplant or modify any other privilege or immunity at common law or under another statute enjoyed by a person described in subsection 1.

4. Except as otherwise provided in subsection 5, a person furnishing information as described in subsection 1 is entitled to an award of attorney's fees and costs if: (a) The person is a defendant in a civil case arising out of activities performed in carrying out the provisions of this section; (b) The cause of action in the case is for libel, slander or any other relevant tort; (c) The person is the prevailing party in the case; and (d) The person bringing the action is not substantially justified in doing so.

5. A person furnishing information relating to the person’s own fraudulent acts as they relate to a viatical settlement is not entitled to an award pursuant to subsection 4.
Nev. Rev. Stat. § 686B.1784 — NV Code / Title 57 / Chapter 686B / Section 686B.1784
Examination of insurer, advisory organization or plan for apportioned risks by Commissioner; exception; cost of examination
Status: in_force

1. The Commissioner may examine any insurer, advisory organization or plan for apportioned risks whenever the Commissioner determines that such an examination is necessary.

2. The reasonable cost of an examination must be paid by the insurer or other person examined upon presentation by the Commissioner of an accounting of those costs pursuant to NRS 679B.290 .

3. In lieu of an examination, the Commissioner may accept the report of an examination made by the agency of another state that regulates insurance.
Nev. Rev. Stat. § 695I.340 — NV Code / Title 57 / Chapter 695I / Section 695I.340
Meetings; quorum; voting
Status: in_force

1. The Board shall meet: (a) At least once each calendar year; and (b) At other times upon the call of the Chair or a majority of the voting members.

2. A majority of the voting members of the Board constitutes a quorum for the transaction of business.

3. A member of the Board may not vote by proxy.
Nev. Rev. Stat. § 679A.120 — NV Code / Title 57 / Chapter 679A / Section 679A.120
“State” defined
Status: in_force

When used in context signifying a jurisdiction other than the State of Nevada, “state” means any state, district, commonwealth, territory or possession of the United States of America.
Nev. Rev. Stat. § 692C.3548 — NV Code / Title 57 / Chapter 692C / Section 692C.3548
Prohibited acts; penalties
Status: in_force

1. The failure to file an ORSA Summary Report required by NRS 692C.351 to 692C.3548 , inclusive, within the time specified for the filing is a violation of those sections.

2. Except as otherwise provided in subsection 3, if an insurer or group insurer fails, without just cause, to file an ORSA Summary Report required by NRS 692C.351 to 692C.3548 , inclusive, the insurer or group insurer, as applicable, shall, after receiving notice and a hearing, pay a civil penalty of $1,500 for each day the insurer or group insurer fails to file the ORSA Summary Report. The civil penalty may be recovered in a civil action brought by the Commissioner. Any civil penalty paid pursuant to this subsection must be deposited in the State General Fund.

3. The maximum civil penalty that may be imposed pursuant to subsection 2 is $100,000. The Commissioner may reduce the amount of the civil penalty if the insurer or group insurer demonstrates to the satisfaction of the Commissioner that the payment of the civil penalty would impose a financial hardship on the insurer or group insurer, as applicable.
Nev. Rev. Stat. § 694C.120 — NV Code / Title 57 / Chapter 694C / Section 694C.120
“Pure captive insurer” defined
Status: in_force

“ Pure captive insurer ” means a captive insurer that only insures risks of its parent and affiliated companies or controlled unaffiliated businesses and, unless otherwise provided by the Commissioner, includes a branch captive insurer.
Nev. Rev. Stat. § 696B.230 — NV Code / Title 57 / Chapter 696B / Section 696B.230
Grounds for conservation: Foreign and alien insurers
Status: in_force

The Commissioner may apply to the court for an order appointing the Commissioner as receiver or ancillary receiver, and directing the Commissioner to conserve the assets within this state, of a foreign or alien insurer:

1. Upon any of the applicable grounds specified in NRS 696B.210 or 696B.220 ;

2. Upon the ground that the insurer's property has been sequestrated in its domiciliary sovereignty or in any other sovereignty; or

3. In the case of an alien insurer, upon the ground that the insurer has failed to make good an impairment of its trusteed funds within the time required therefor by order of the Commissioner.
Nev. Rev. Stat. § 695G.177 — NV Code / Title 57 / Chapter 695G / Section 695G.177
Required provision in plans covering treatment of prostate cancer concerning coverage for prostate cancer screening; prohibited acts
Status: in_force

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

2. A health care plan issued by a managed care organization that provides coverage for the treatment of prostate cancer must not require an insured to obtain prior authorization for any service provided pursuant to subsection 1.

3. Any evidence of coverage for a health care plan issued by a managed care organization that provides coverage for the treatment of prostate cancer which is delivered, issued for delivery or renewed on or after July 1, 2007, has the legal effect of including the coverage required by subsection 1, and any provision of the evidence of coverage or the renewal which is in conflict with subsection 1 is void.
Nev. Rev. Stat. § 689A.527 — NV Code / Title 57 / Chapter 689A / Section 689A.527
“Geographic service area” defined
Status: in_force

“ Geographic service area ” means a geographic area, as approved by the Commissioner, within which the carrier is authorized to provide coverage.
Nev. Rev. Stat. § 688C.050 — NV Code / Title 57 / Chapter 688C / Section 688C.050
“Chronically ill” defined
Status: in_force

“ Chronically ill ” means:

1. Being unable to perform at least two activities of daily living, such as eating, moving from one place to another, bathing, dressing, continence, defecation or urination;

2. Requiring substantial supervision for protection from threats to health and safety because of cognitive impairment; or

3. Having a level of disability similar to that described in subsection 1 as determined by the Secretary of Health and Human Services.
Nev. Rev. Stat. § 682A.019 — NV Code / Title 57 / Chapter 682A / Section 682A.019
“Affiliate” defined
Status: in_force

“ Affiliate ” means, as to any person, another person that, directly or indirectly through one or more intermediaries, controls, is controlled by or is under common control with the person.
Nev. Rev. Stat. § 679B.240 — NV Code / Title 57 / Chapter 679B / Section 679B.240
Examination of holding companies, subsidiaries, agents, promoters, independent review organizations and others
Status: in_force

To ascertain compliance with law, or relationships and transactions between any person and any insurer or proposed insurer, the Commissioner may, as often as he or she deems advisable, examine the accounts, records, documents and transactions relating to such compliance or relationships of:

1. Any producer of insurance, solicitor, surplus lines broker, general agent, adjuster, insurer representative, bail agent, motor club agent or any other licensee or any other person the Commissioner has reason to believe may be acting as or holding himself or herself out as any of the foregoing.

2. Any person having a contract under which the person enjoys in fact the exclusive or dominant right to manage or control an insurer.

3. Any insurance holding company or other person holding the shares of voting stock or the proxies of policyholders of a domestic insurer, to control the management thereof, as voting trustee or otherwise.

4. Any subsidiary of the insurer.

5. Any person engaged in this state in, or proposing to be engaged in this state in, or holding himself or herself out in this state as so engaging or proposing, or in this state assisting in, the promotion, formation or financing of an insurer or insurance holding corporation, or corporation or other group to finance an insurer or the production of its business.

6. Any independent review organization, as defined in NRS 695G.026 .
Nev. Rev. Stat. § 692C.354 — NV Code / Title 57 / Chapter 692C / Section 692C.354
Allowed disclosure and receipt of confidential information by Commissioner; agreements governing sharing and use of information
Status: in_force

To assist the performance of the Commissioner's regulatory duties, the Commissioner:

1. May, upon request, share documents, materials and other information received pursuant to NRS 692C.351 to 692C.3548 , inclusive, including, without limitation, any documents, materials and information subject to NRS 692C.3536 and any proprietary and trade secret documents and materials, with other state, federal and international financial regulatory agencies, including members of any supervisory college, as defined in NRS 692C.359 , with the NAIC and with third-party consultants designated by the Commissioner, provided that the recipient agrees in writing to maintain the confidentiality and privileged status of the documents, materials and other information received pursuant to NRS 692C.351 to 692C.3548 , inclusive, and has verified in writing the legal authority to maintain confidentiality.

2. May receive documents, materials and other information received pursuant to NRS 692C.351 to 692C.3548 , inclusive, including, without limitation, documents, materials and information which are otherwise confidential and privileged, and proprietary and trade secret information or documents, from regulatory officials of other foreign or domestic jurisdictions, including members of any supervisory college, as defined in NRS 692C.359 , and from the NAIC, and shall maintain as confidential or privileged any such documents, materials and information received with notice or the understanding that it is confidential or privileged under the laws of the jurisdiction that is the source of the document, material or information.

3. Shall enter into a written agreement with the NAIC or a third-party consultant governing the sharing and use of information provided pursuant to NRS 692C.351 to 692C.3548 , inclusive, that must: (a) Specify procedures and protocols regarding the confidentiality and security of the information shared with the NAIC or third-party consultant, including procedures and protocols for sharing by the NAIC with other state regulators from states in which the insurance group has domiciled insurers. The agreement must provide that the recipient agrees to maintain the confidentiality and privileged status of the documents, materials and other information and has verified, in writing, the legal authority to maintain confidentiality; (b) Specify that ownership of the information shared with the NAIC or third-party consultant remains with the Commissioner and use of the information by the NAIC or third-party consultant is subject to the discretion of the Commissioner; (c) Prohibit the NAIC or third-party consultant from storing the information in a permanent database after the underlying analysis is completed; (d) Require prompt notice to be given to an insurer whose confidential information in the possession of the NAIC or third-party consultant is subject to a request or subpoena to the NAIC or a third-party consultant for disclosure or production; (e) Require the NAIC or third-party consultant to consent to intervention by an insurer in any judicial or administrative action in which the NAIC or third-party consultant may be required to disclose confidential information about the insurer shared with the NAIC or third-party consultant; and (f) In the case of an agreement involving a third-party consultant, provide for the insurer's written consent.
Nev. Rev. Stat. § 695I.500 — NV Code / Title 57 / Chapter 695I / Section 695I.500
State agencies to provide support to Exchange; intergovernmental agreements
Status: in_force

The Department of Health and Human Services, the Division of Insurance of the Department of Business and Industry and any other relevant state agency shall work with and provide support to the Exchange as it carries out its duties and powers, including, without limitation, entering into agreements to share information and intergovernmental agreements with the Exchange.
Nev. Rev. Stat. § 696A.120 — NV Code / Title 57 / Chapter 696A / Section 696A.120
Name of club: Submission to Commissioner for approval; rejection of similar name
Status: in_force

The name of a motor club shall be submitted to the Commissioner for approval pursuant to NRS 696A.140 , before the commencement of business under the provisions of this chapter. The Commissioner may reject any name so submitted when the proposed name would interfere with the transactions of a motor club already doing business in this state or is so similar to one already appropriated as to confuse or is likely to mislead the public in any respect. In such case a name not liable to such objections shall be chosen.
Nev. Rev. Stat. § 682A.442 — NV Code / Title 57 / Chapter 682A / Section 682A.442
Foreign currency exposure
Status: in_force

1. Subject to the limitations of NRS 682A.402 , 682A.404 and 682A.406 , an insurer may acquire investments, or engage in investment practices denominated in foreign currencies, whether or not they are foreign investments acquired as described in NRS 682A.440 , or additional foreign currency exposure as a result of the termination or expiration of a hedging transaction with respect to investments denominated in a foreign currency if: (a) The aggregate amount of investments held by the insurer in accordance with this section denominated in foreign currencies does not exceed 10 percent of its admitted assets; and (b) The aggregate amount of investments held by the insurer in accordance with this section denominated in the foreign currency of a single foreign jurisdiction does not exceed 10 percent of its admitted assets as to a foreign jurisdiction that has a sovereign debt rating of SVO 1 or 3 percent of its admitted assets as to any other foreign jurisdiction.

2. An investment must not be considered denominated in a foreign currency if the acquiring insurer enters into one or more contracts in transactions allowed under NRS 682A.450 to 682A.458 , inclusive, and the business entity counterparty agrees in the contract or contracts to exchange all payments made on the foreign currency denominated investment for United States currency at a rate which effectively insulates the investment cash flows against future changes in currency exchange rates during the period the contract or contracts are in effect.
Nev. Rev. Stat. § 696C.030 — NV Code / Title 57 / Chapter 696C / Section 696C.030
“Insurer” defined
Status: in_force

“ Insurer ” includes, without limitation:

1. A captive insurer that has been issued a certificate of authority pursuant to chapter 694C of NRS ;

2. A fraternal benefit society that has been issued a certificate of authority pursuant to chapter 695A of NRS ;

3. A health maintenance organization that has been issued a certificate of authority pursuant to chapter 695C of NRS ;

4. A nonprofit corporation for hospital, medical or dental services that has been issued a certificate of authority pursuant to chapter 695B of NRS ;

5. An organization for dental care that has been issued a certificate of authority pursuant to chapter 695D of NRS ;

6. A prepaid limited health service organization that has been issued a certificate of authority pursuant to chapter 695F of NRS ;

7. A risk retention group that has been issued a certificate of registration pursuant to chapter 695E of NRS ;

8. Any person who is engaged as principal and as indemnitor, surety or contractor in the business of entering into contracts of insurance; and

9. Any person purporting to be an insurer listed in subsections 1 to 8, inclusive, or in the process of organizing, or holding himself or herself out as organizing, or proposing to organize in this State for the purpose of becoming an insurer listed in subsections 1 to 8, inclusive.
Nev. Rev. Stat. § 686A.289 — NV Code / Title 57 / Chapter 686A / Section 686A.289
Provision to insurer of information concerning fraud upon completion of investigation or prosecution; confidentiality of information
Status: in_force

1. Any insurer giving information to the Attorney General, the Commissioner or any investigative or law enforcement agency concerning an act or omission alleged to be insurance fraud is entitled to receive, upon completion of the investigation or prosecution of the insurance fraud, whichever occurs later, any relevant information concerning the fraudulent activity.

2. The Attorney General, the Commissioner or any investigative or law enforcement agency receiving information from another person, agency or insurer shall: (a) Keep the information confidential and not release the information except pursuant to subsection 1 and NRS 239.0115 ; (b) Provide information concerning its investigation of the insurance fraud to the insurer reporting the fraudulent activity upon the completion of its investigation or a criminal prosecution, whichever occurs later; and (c) Provide any documents necessary or allow its employees or agents to testify in any action by or against the insurer if the insurer or its insured furnished the information for the investigation or a criminal prosecution.
Nev. Rev. Stat. § 687B.140 — NV Code / Title 57 / Chapter 687B / Section 687B.140
Standard provisions
Status: in_force

1. Insurance contracts shall contain such standard or uniform provisions as are required by the applicable provisions of this Code pertaining to contracts of particular kinds of insurance. The Commissioner may waive the required use of a particular provision in a particular insurance policy form if: (a) The Commissioner finds such provision unnecessary for or unrelated to the protection of the insured and inconsistent with the purposes of the policy; and (b) The policy is otherwise approved by the Commissioner.

2. No policy shall contain any provision inconsistent with or contradictory to any standard or uniform provision used or required to be used, but the Commissioner may approve any substitute provision which is, in the opinion of the Commissioner, not less favorable in any particular to the insured, owner or beneficiary than the provisions otherwise required.

3. In lieu of the provisions required by this Code for contracts for particular kinds of insurance, substantially similar provisions required by the law of the domicile of a foreign or alien insurer may be used when approved by the Commissioner.

4. A policy issued by a domestic insurer for delivery in another jurisdiction may contain any provision required or permitted by the laws of such jurisdiction.
Nev. Rev. Stat. § 689C.015 — NV Code / Title 57 / Chapter 689C / Section 689C.015
Definitions
Status: in_force

Except as otherwise provided in this chapter, as used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 689C.017 to 689C.106 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 679A.092 — NV Code / Title 57 / Chapter 679A / Section 679A.092
“Federal Act” defined
Status: in_force

“ Federal Act ” means the federal Patient Protection and Affordable Care Act, Public Law 111-148 , as amended by the federal Health Care and Education Reconciliation Act of 2010, Public Law 111-152 , and any amendments to, or regulations or guidance issued pursuant to, those acts.
Nev. Rev. Stat. § 693A.270 — NV Code / Title 57 / Chapter 693A / Section 693A.270
Impairment of capital, surplus or assets: Curing deficiency; failure to cure
Status: in_force

1. A deficiency referred to in NRS 693A.260 may be made good in whole or in part in cash or in assets eligible under chapter 682A of NRS (investments) for investment of the insurer's funds, or by amendment of the insurer's certificate of authority to cover only such kind or kinds of insurance thereafter for which the insurer has sufficient paid-in capital stock and surplus (if a stock insurer) or surplus (if a mutual insurer) under this Code, or, if a stock insurer, by reduction of its capital stock to an amount of authorized and unimpaired paid-in capital stock not below the minimum thereof required for the kinds of insurance thereafter to be transacted.

2. If the deficiency is not made good and proof thereof filed with the Commissioner within the period required under NRS 693A.260 , the insurer shall be deemed insolvent and the Commissioner shall institute delinquency proceedings against it under chapter 696B of NRS .
Nev. Rev. Stat. § 688B.120 — NV Code / Title 57 / Chapter 688B / Section 688B.120
Conversion on termination of eligibility
Status: in_force

The group life insurance policy shall contain a provision that if the insurance on a person covered under the policy ceases because of termination of employment or of membership in the class or classes eligible for coverage under the policy, such person shall be entitled to have issued to him or her by the insurer, without evidence of insurability, an individual policy of life insurance without disability or other supplementary benefits, provided application for the individual policy shall be made, and the first premium paid to the insurer, within 31 days after such termination, and provided further that:

1. The individual policy shall, at the option of such person, be on any one of the forms, except term insurance, then customarily issued by the insurer at the age and for the amount applied for;

2. The individual policy shall be in an amount not in excess of the amount of life insurance which ceases because of such termination less the amount of any life insurance for which such person is or becomes eligible under the same or any other group policy within 31 days after such termination, but any amount of insurance which has matured on or before the date of such termination as an endowment payable to the person insured, whether in one sum or in installments or in the form of an annuity, shall not, for the purposes of this section, be included in the amount which is considered to cease because of such termination; and

3. The premium on the individual policy shall be at the insurer's then customary rate applicable to the form and amount of the individual policy, to the class of risk to which such person then belongs, and to the age of the person attained on the effective date of the individual policy.
Nev. Rev. Stat. § 686B.260 — NV Code / Title 57 / Chapter 686B / Section 686B.260
Conversion into domestic stock insurer: “Insured” defined
Status: in_force

As used in NRS 686B.270 to 686B.320 , inclusive, unless the context otherwise requires, “insured” means any person who has maintained at least 1 year of coverage with an essential insurance association.
Nev. Rev. Stat. § 686C.127 — NV Code / Title 57 / Chapter 686C / Section 686C.127
“Unallocated annuity contract” defined
Status: in_force

“ Unallocated annuity contract ” means an annuity contract or group annuity certificate which is not issued to and owned by a natural person except to the extent such an annuity contract or group annuity certificate is guaranteed to a natural person by an insurer under such contract or certificate.
Nev. Rev. Stat. § 681A.430 — NV Code / Title 57 / Chapter 681A / Section 681A.430
License to act as intermediary
Status: in_force

1. The Commissioner may issue a license to act as an intermediary to any person who has complied with the requirements of NRS 681A.250 to 681A.580 , inclusive, and who submits a written application for a license to act as an intermediary, the appropriate fee set forth in NRS 680B.010 and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110 . A license issued to a firm or association authorizes all the members of the firm or association and any designated employees to act as intermediaries. All those persons must be named in the application and any supplements thereto. A license issued to a corporation authorizes all of the officers and any designated employees and directors of the corporation to act as intermediaries on behalf of the corporation. All those persons must be named in the application and in any supplements thereto.

2. If an applicant for a license to act as an intermediary is a nonresident, the applicant shall: (a) Designate the Commissioner as agent for service of process; (b) Furnish the Commissioner with the name and address of a resident of Nevada upon whom notices or orders of the Commissioner or process affecting the nonresident reinsurance intermediary may be served; and (c) Promptly notify the Commissioner in writing of every change in the applicant’s designated agent for service of process. The change is not effective until acknowledged by the Commissioner.
Nev. Rev. Stat. § 690D.055 — NV Code / Title 57 / Chapter 690D / Section 690D.055
“Guaranteed asset protection waiver” defined
Status: in_force

“ Guaranteed asset protection waiver ” means a contract pursuant to which a creditor, in exchange for separately stated consideration, agrees to waive part or all of the amount due to the creditor pursuant to a finance agreement in the event of a total physical damage loss or unrecovered theft of a vehicle covered by the finance agreement.
Nev. Rev. Stat. § 689.560 — NV Code / Title 57 / Chapter 689 / Section 689.560
Prepaid contracts: Maintenance and administration of trust fund; exception
Status: in_force

1. Except as otherwise provided in subsection 2: (a) The seller shall establish and maintain a trust fund with an authorized trustee, for the benefit of the beneficiary of the prepaid contract, in accordance with the trust agreement filed with and approved by the Commissioner. (b) The seller shall maintain unimpaired and shall deposit in the trust fund, within 15 days after the end of the month in which payment was received, all installments received on prepaid contracts sold after the sales commission has been deducted. (c) The trustee shall, with respect to the money in the trust fund, exercise the judgment and care under the circumstances then prevailing which persons of prudence, discretion and intelligence exercise in the management of their own affairs, not in regard to speculation, but in regard to the permanent disposition of their money, considering the probable income as well as the probable safety of their capital. Within the limitations of such standards, and subject to any express provision or limitation contained in any particular trust instrument, a trustee may acquire and retain every kind of investment, specifically including bonds, debentures and other corporate obligations and stocks, preferred or common, which persons of prudence, discretion and intelligence acquire or retain for their own account. (d) The trustee shall, except as otherwise provided in NRS 689.450 to 689.595 , inclusive, or the trust agreement approved in writing by the Commissioner or as may be required by an order of a court of competent jurisdiction, maintain the trust fund intact and unimpaired and not make any payment or disbursement from the trust fund.

2. The requirements of subsection 1 do not apply if: (a) The prepaid contract is payable solely from the proceeds of a policy of life insurance; and (b) The seller of the prepaid contract does not collect any money from the purchaser of the prepaid contract.
Nev. Rev. Stat. § 692C.3503 — NV Code / Title 57 / Chapter 692C / Section 692C.3503
Applicability and scope
Status: in_force

1. The requirements of NRS 692C.3501 to 692C.3509 , inclusive, apply to all insurers domiciled in this State, including, without limitation: (a) Insurers, as identified in chapter 680A of NRS ; (b) Hospital, medical or dental service corporations, as identified in chapter 695B of NRS ; (c) Health maintenance organizations, as identified in chapter 695C of NRS ; (d) Plans for dental care, as identified in chapter 695D of NRS ; (e) Prepaid limited health service organizations, as identified in chapter 695F of NRS ; and (f) Risk retention groups and state-chartered risk retention groups, as identified in 15 U.S.C. § 3902 , 42 U.S.C. § 9673 and chapters 694C and 695E of NRS.

2. Except as otherwise provided in subsection 3, nothing in NRS 692C.3501 to 692C.3509 , inclusive, shall be construed to limit the Commissioner's authority, or the rights or obligations of third parties, under NRS 679B.230 to 679B.300 , inclusive.

3. Nothing in NRS 692C.3501 to 692C.3509 , inclusive, shall be construed to prescribe or impose corporate governance standards and internal procedures beyond those which are required by the appropriate provisions of title 7 of NRS.
Nev. Rev. Stat. § 694C.230 — NV Code / Title 57 / Chapter 694C / Section 694C.230
Issuance of license; annual renewal; fees
Status: in_force

1. If the Commissioner determines that the documents and statements filed by the captive insurer satisfy the requirements for licensure, the Commissioner shall issue a license to the captive insurer. The license may be renewed annually upon the satisfaction of all requirements imposed by the Commissioner and payment of all applicable renewal fees.

2. A captive insurer must pay a fee of $300 for the issuance of a license and, on or before March 1 of each year, an annual fee of $300 and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110 for the renewal of a license.
Nev. Rev. Stat. § 681A.2135 — NV Code / Title 57 / Chapter 681A / Section 681A.2135
List of assuming insurers to which cessions are required to be granted credit
Status: in_force

1. The Commissioner shall timely create and publish a list of assuming insurers that have satisfied the conditions set forth in this section and to which cessions must be granted credit in accordance with this section. The Commissioner may add an assuming insurer to the list if a NAIC accredited jurisdiction has added the assuming insurer to a list of such assuming insurers or if, upon initial eligibility, the assuming insurer submits the information to the Commissioner as required under subsection 4 of NRS 681A.211 and complies with any additional requirements that the Commissioner may impose by regulation, except to the extent that the regulations conflict with an applicable covered agreement.

2. If a NAIC accredited jurisdiction has determined that the conditions set forth in NRS 681A.211 to 681A.2125 , inclusive, have been met, the Commissioner may defer to that jurisdiction's determination and add the applicable assuming insurer to the list of assuming insurers to which cessions must be granted credit in accordance with this section. The Commissioner may accept financial documentation filed with another NAIC accredited jurisdiction or with the NAIC for the purpose of satisfying the requirements set forth in NRS 681A.211 to 681A.2125 .

3. When requesting that the Commissioner defer to another NAIC accredited jurisdiction's determination, an assuming insurer must submit a properly executed Form RJ-1 and additional information as the Commissioner may require. If another state has received such a request, notified other states through the NAIC and provided relevant information with respect to the determination of eligibility, the Commissioner may accept such notice and information for the purpose of this section.
Nev. Rev. Stat. § 693A.475 — NV Code / Title 57 / Chapter 693A / Section 693A.475
Authority of Commissioner to engage services of experts; payment of costs to review plan of conversion
Status: in_force

In determining whether a plan of conversion meets the requirements of NRS 693A.400 to 693A.540 , inclusive, or with regard to any other matters relating to the development of a plan of conversion, the Commissioner may engage the services of experts. All reasonable costs related to the review of a plan of conversion or such other matters, including those costs attributable to the use of experts, must be paid by the converting mutual filing the application or initiating discussions with the Commissioner about such matters.
Nev. Rev. Stat. § 686A.160 — NV Code / Title 57 / Chapter 686A / Section 686A.160
Enforcement: Prohibited methods, acts or practices
Status: in_force

If the Commissioner has cause to believe that any person has been engaged or is engaging, in this state, in any unfair method of competition or any unfair or deceptive act or practice prohibited by NRS 686A.010 to 686A.310 , inclusive, and that a proceeding by the Commissioner in respect thereto would be in the interest of the public, the Commissioner may issue and serve upon such person a statement of the charges and a notice of the hearing to be held thereon. The statement of charges and notice of hearing shall comply with the requirements of NRS 679B.320 and shall be served upon such person directly or by certified or registered mail, return receipt requested.
Nev. Rev. Stat. § 695K.020 — NV Code / Title 57 / Chapter 695K / Section 695K.020
Definitions
Status: in_force

<Section effective Jan. 1, 2026.>

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 695K.030 to 695K.110 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 694B.120 — NV Code / Title 57 / Chapter 694B / Section 694B.120
Action on bond
Status: in_force

An action on the attorney's bond or to recover against any such deposit made in lieu thereof may be brought by one or more subscribers suffering loss through a violation of its conditions, or by a receiver or liquidator of the insurer. Amounts recovered on the bond shall be deposited in and become part of the insurer's funds. The total aggregate liability of the surety shall be limited to the amount of the penalty of such bond.
Nev. Rev. Stat. § 689A.190 — NV Code / Title 57 / Chapter 689A / Section 689A.190
Extended disability benefit
Status: in_force

Any health insurance policy may contain a provision for payment not exceeding $500 as an extended disability benefit upon the insured's death from any cause, which benefit shall not be construed as life insurance.
Nev. Rev. Stat. § 681A.1551 — NV Code / Title 57 / Chapter 681A / Section 681A.1551
Certified reinsurer: Eligibility
Status: in_force

To be eligible for certification, an assuming insurer must:

1. Be domiciled and licensed to transact insurance or reinsurance in a qualified jurisdiction, as determined by the Commissioner pursuant to NRS 681A.1553 ;

2. Maintain minimum capital and surplus, or its equivalent, in an amount to be determined by the Commissioner;

3. Maintain financial strength ratings from two or more rating agencies deemed acceptable by the Commissioner;

4. Agree to submit to the jurisdiction of this State, appoint the Commissioner as its agent for service of process in this State and agree to provide security for 100 percent of the assuming insurer's liabilities attributable to reinsurance ceded by ceding insurers in the United States for use if the assuming insurer resists enforcement of a final judgment rendered by any court of competent jurisdiction in the United States;

5. Agree to meet applicable information filing requirements as determined by the Commissioner, both with respect to an initial application for certification and on an ongoing basis; and

6. Satisfy any other requirements for certification deemed relevant by the Commissioner.
Nev. Rev. Stat. § 692C.470 — NV Code / Title 57 / Chapter 692C / Section 692C.470
Suspension or revocation of or refusal to renew license
Status: in_force

Whenever it appears to the Commissioner that any person has committed a violation of this chapter which makes the continued operation of an insurer contrary to the interests of policyholders or the public, the Commissioner may, after giving notice and an opportunity to be heard, determine to suspend, revoke or refuse to renew such insurer's license or authority to do business in this state for such period as the Commissioner finds is required for the protection of policyholders or the public. Any such determination shall be accompanied by specific findings of fact and conclusions of law.
Nev. Rev. Stat. § 682A.209 — NV Code / Title 57 / Chapter 682A / Section 682A.209
“Substantially similar securities” defined
Status: in_force

“ Substantially similar securities ” means securities that meet all criteria for “substantially similar” specified in the Accounting Practices and Procedures Manual adopted by the NAIC, as amended, and in an amount that constitutes good delivery form as determined from time to time by the Public Securities Administration, or its successor organization.
Nev. Rev. Stat. § 689B.040 — NV Code / Title 57 / Chapter 689B / Section 689B.040
Direct payment for hospital and medical services and home health care; payment to assignee
Status: in_force

1. Any group health policy may provide that all or any portion of any indemnities provided by any such policy on account of hospital, nursing, medical or surgical services, home health care or supportive services: (a) May, at the insurer's option; or (b) Must, upon the written request of the insured, be paid directly to the hospital or person rendering the services. Payments made in this manner discharge the insurer's obligation.

2. If the insured assigns his or her benefits pursuant to this section but the insurer after receiving a copy of the assignment pays the benefits to the insured, the insurer shall also pay the benefits to the assignee as soon as the insurer receives the notice of the incorrect payment.
Nev. Rev. Stat. § 681B.001 — NV Code / Title 57 / Chapter 681B / Section 681B.001
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 681B.0023 to 681B.0071 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 689B.0377 — NV Code / Title 57 / Chapter 689B / Section 689B.0377
Required provision in policy covering outpatient care concerning coverage for health care services related to hormone replacement therapy; prohibited acts
Status: in_force

1. An insurer that offers or issues a policy of group health insurance which provides coverage for outpatient care shall include in the policy coverage for any health care service related to hormone replacement therapy.

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

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

4. As used in this section, “provider of health care” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 692C.3518 — NV Code / Title 57 / Chapter 692C / Section 692C.3518
Acceptable alternative to ORSA Summary Report
Status: in_force

An insurer may comply with the requirements of NRS 692C.3514 by providing the most recent and substantially similar report provided by the insurer or another member of an insurance group of which the insurer is a member to the commissioner of another state or to a supervisor or regulator of a foreign jurisdiction, if that report provides information that is comparable to the information described in the ORSA Guidance Manual . Any such report in a language other than English must be accompanied by a translation of that report into the English language.
Nev. Rev. Stat. § 689B.0369 — NV Code / Title 57 / Chapter 689B / Section 689B.0369
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 policy of group or blanket health insurance must include coverage for services provided to an insured through telehealth to the same extent as though provided in person or by other means.

2. A policy of group or blanket health insurance must provide reimbursement for services described in subsection 1 in the same amount as though provided in person or by other means: (a) If the services: (1) 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 (2) Except for services described in paragraph (b), are not provided through audio-only interaction; or (b) For counseling or treatment relating to a mental health condition or a substance use disorder, including, without limitation, when such counseling or treatment is provided through audio-only interaction.

3. An insurer shall not: (a) Require an insured 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 an insured 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 an insured 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 policy of group or blanket health insurance must not require an insured to obtain prior authorization for any service provided through telehealth that is not required for that service when provided in person. A policy of group or blanket health insurance 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 insurer to: (a) Ensure that covered services are available to an insured 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 insurer is not otherwise required by law to do so.

6. A policy of group or blanket 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 this section, and any provision of the policy 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. § 683C.080 — NV Code / Title 57 / Chapter 683C / Section 683C.080
Association with and compensation from certain persons who sell insurance prohibited
Status: in_force

A licensed insurance consultant shall not employ, be employed by or be in partnership with, or receive any remuneration arising out of his or her activities as an insurance consultant from, any licensed producer of insurance or surplus lines broker or insurer.
Nev. Rev. Stat. § 691C.010 — NV Code / Title 57 / Chapter 691C / Section 691C.010
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 691C.020 to 691C.230 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 683A.189 — NV Code / Title 57 / Chapter 683A / Section 683A.189
Responsibility and duties of supervising entity relating to licensee, employees and authorized representatives
Status: in_force

The supervising entity designated by the insurer is responsible for the acts of each licensee and shall use every reasonable means to ensure compliance by the licensee, or employee or authorized representative of the licensee, with the provisions of NRS 683A.1855 to 683A.189 , inclusive, and any regulations adopted pursuant thereto.
Nev. Rev. Stat. § 692C.160 — NV Code / Title 57 / Chapter 692C / Section 692C.160
Determination of qualification of investment
Status: in_force

Whether or not any investment made pursuant to NRS 692C.140 meets the applicable requirements thereof is to be determined before such investment is made by calculating the applicable investment limitations as though the investment has already been made, taking into account the then outstanding principal balance on all previous investments in debt obligations, the value of all previous investments in equity securities as of the date they were made and the net of any return of capital invested, not including dividends.
Nev. Rev. Stat. § 689B.03766 — NV Code / Title 57 / Chapter 689B / Section 689B.03766
Policy covering maternity care: Prohibited acts by insurer if insured is acting as gestational carrier; child deemed child of intended parent for purposes of policy
Status: in_force

1. An insurer that offers or issues a policy of group health insurance that includes coverage for maternity care shall not deny, limit or seek reimbursement for maternity care because the insured is acting as a gestational carrier.

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

3. As used in this section, “ gestational carrier ” has the meaning ascribed to it in NRS 126.580 .
Nev. Rev. Stat. § 689B.0283 — NV Code / Title 57 / Chapter 689B / Section 689B.0283
Policy covering prescription drugs: Provision of notice and information regarding use of formulary
Status: in_force

1. An insurer that offers or issues a policy of group health insurance which provides coverage for prescription drugs shall include with any summary, certificate or evidence of that coverage provided to an insured, notice of whether a formulary is used and, if so, of the opportunity to secure information regarding the formulary from the insurer pursuant to subsection 2. The notice required by this subsection must: (a) Be in a language that is easily understood and in a format that is easy to understand; (b) Include an explanation of what a formulary is; and (c) If a formulary is used, include: (1) An explanation of: (I) How often the contents of the formulary are reviewed; and (II) The procedure and criteria for determining which prescription drugs are included in and excluded from the formulary; and (2) The telephone number of the insurer for making a request for information regarding the formulary pursuant to subsection 2.

2. If an insurer offers or issues a policy of group health insurance which provides coverage for prescription drugs and a formulary is used, the insurer shall: (a) Provide to any insured or participating provider of health care, upon request: (1) Information regarding whether a specific drug is included in the formulary. (2) Access to the most current list of prescription drugs in the formulary, organized by major therapeutic category, with an indication of whether any listed drugs are preferred over other listed drugs. If more than one formulary is maintained, the insurer shall notify the requester that a choice of formulary lists is available. (b) Notify each person who requests information regarding the formulary, that the inclusion of a drug in the formulary does not guarantee that a provider of health care will prescribe that drug for a particular medical condition.
Nev. Rev. Stat. § 684A.027 — NV Code / Title 57 / Chapter 684A / Section 684A.027
“Home state” defined
Status: in_force

“ Home state ” means:

1. The District of Columbia or any state or territory of the United States in which an independent, company, staff or public adjuster maintains his, her or its principal place of residence or principal place of business and is licensed to act as a resident independent, company, staff or public adjuster; or

2. If neither the state in which the adjuster maintains his or her principal place of residence nor the state in which the adjuster maintains his, her or its principal place of business licenses independent, company, staff or public adjusters for the line of authority sought by the adjuster, a state: (a) Which has an examination requirement; (b) In which the adjuster is licensed; and (c) Which the adjuster declares to be the home state.
Nev. Rev. Stat. § 680A.590 — NV Code / Title 57 / Chapter 680A / Section 680A.590
Enforceability of contract or policy of insurance if electronic consent or confirmation of consent not obtained; producer of insurance not subject to civil liability for delivery or failure to deliver by electronic means; relation to Electronic Signatures in Global and National Commerce Act
Status: in_force

1. The failure to obtain the electronic consent or confirmation of consent of a party pursuant to paragraph (c) of subsection 1 of NRS 680A.550 may not be the sole basis for determining that a contract or policy of insurance is not legally effective, valid or enforceable.

2. A producer of insurance is not subject to civil liability for any harm or injury that occurs as a result of the election of a party for the delivery by electronic means of any notice or other document or for the failure of an insurer to deliver by electronic means a notice or other document.

3. Nothing in NRS 680A.500 to 680A.600 , inclusive, shall be construed to modify, limit or supersede the federal Electronic Signatures in Global and National Commerce Act, 15 U.S.C. §§ 7001 et seq.
Nev. Rev. Stat. § 679B.630 — NV Code / Title 57 / Chapter 679B / Section 679B.630
Program to investigate acts or practices of fraud
Status: in_force

The Commissioner shall establish a program within the Division to investigate any act or practice which:

1. Violates the provisions of NRS 686A.010 to 686A.310 , inclusive; or

2. Defrauds or is an attempt to defraud an insurer.
Nev. Rev. Stat. § 686A.650 — NV Code / Title 57 / Chapter 686A / Section 686A.650
“Credit information” defined
Status: in_force

“ Credit information ” means any information that is related to credit and derived from a consumer credit report, found on a consumer credit report or provided on an application for a policy. The term does not include information that is not related to credit, regardless of whether it is contained in a consumer credit report or in an application for a policy, or is used to calculate an insurance score.
Nev. Rev. Stat. § 695J.070 — NV Code / Title 57 / Chapter 695J / Section 695J.070
“Qualified health plan” defined
Status: in_force

“Qualified health plan” has the meaning ascribed to it in NRS 695I.080 .
Nev. Rev. Stat. § 685B.100 — NV Code / Title 57 / Chapter 685B / Section 685B.100
Prohibited misrepresentations; notice to supervisory officer of insurer's domiciliary state or province
Status: in_force

No unauthorized insurer through any estimate, illustration, circular, pamphlet, letter, announcement, statement or any other means or medium shall misrepresent to any person in this State its financial condition or the terms of any contract issued or to be issued by it or the advantages thereof, or the dividends or share to be received thereon. Whenever the Commissioner has reason to believe that any such insurer is so misrepresenting, the Commissioner shall notify the insurer and the insurance supervisory officer of the insurer's domiciliary state or province by registered or certified mail.
Nev. Rev. Stat. § 689A.540 — NV Code / Title 57 / Chapter 689A / Section 689A.540
“Health benefit plan” defined
Status: in_force

“Health benefit plan” has the meaning ascribed to it in NRS 687B.470 .
Nev. Rev. Stat. § 689A.0459 — NV Code / Title 57 / Chapter 689A / Section 689A.0459
Coverage for certain drugs and services related to substance use disorder and opioid use disorder required; reimbursement of pharmacists and pharmacies for certain services; prohibited acts
Status: in_force

1. An insurer that offers or issues a policy of health insurance shall include in the policy coverage for: (a) All drugs approved by the United States Food and Drug Administration to support safe withdrawal from substance use disorder, including, without limitation, lofexidine. (b) All drugs approved by the United States Food and Drug Administration to provide medication-assisted treatment for opioid use disorder, including, without limitation, buprenorphine, methadone and naltrexone. (c) The services described in NRS 639.28079 when provided by a pharmacist or pharmacy that participates in the network plan of the insurer. The Commissioner shall adopt regulations governing the provision of reimbursement for such services. (d) Any service for the treatment of substance use disorder provided by a provider of primary care if the service is covered when provided by a specialist and: (1) The service is within the scope of practice of the provider of primary care; or (2) The provider of primary care is capable of providing the service safely and effectively in consultation with a specialist and the provider engages in such consultation.

2. An insurer that offers or issues a policy of health insurance shall reimburse a pharmacist or pharmacy that participates in the network plan of the insurer for the services described in NRS 639.28079 at a rate equal to the rate of reimbursement provided to a physician, physician assistant or advanced practice registered nurse for similar services.

3. An insurer shall provide the coverage required by paragraphs (a) and (b) of subsection 1 regardless of whether the drug is included in the formulary of the insurer.

4. Except as otherwise provided in this subsection, an insurer shall not subject the benefits required by paragraphs (a), (b) and (c) of subsection 1 to medical management techniques, other than step therapy. An insurer may subject the benefits required by paragraphs (b) and (c) of subsection 1 to other reasonable medical management techniques when the benefits are provided by a pharmacist in accordance with NRS 639.28079 .

5. An insurer shall not: (a) Limit the covered amount of a drug described in paragraph (a) or (b) of subsection 1; or (b) Refuse to cover a drug described in paragraph (a) or (b) of subsection 1 because the drug is dispensed by a pharmacy through mail order service.

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

7. 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, 2024, has the legal effect of including the coverage required by subsection 1, and any provision of the policy that conflicts with the provisions of this section is void.

8. As used in this section: (a) “ Medical management technique ” means a practice which is used to control the cost or use of health care services or prescription drugs. The term includes, without limitation, the use of step therapy, prior authorization and categorizing drugs and devices based on cost, type or method of administration. (b) “ Network plan ” means a 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. (c) “ Primary care ” means the practice of family medicine, pediatrics, internal medicine, obstetrics and gynecology and midwifery. (d) “ Provider of health care ” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 689A.049 — NV Code / Title 57 / Chapter 689A / Section 689A.049
Treatment by licensed chiropractic physician; restriction on policy limitations
Status: in_force

1. If any policy of health insurance provides coverage for treatment of an illness which is within the authorized scope of practice of a qualified chiropractic physician, the insured is entitled to reimbursement for treatments by a chiropractic physician who is licensed pursuant to chapter 634 of NRS .

2. The terms of the policy must not limit: (a) Coverage for treatments by a chiropractic physician to a number less than for treatments by other physicians. (b) Reimbursement for treatments by a chiropractic physician to an amount less than that reimbursed for similar treatments by other physicians.
Nev. Rev. Stat. § 688B.170 — NV Code / Title 57 / Chapter 688B / Section 688B.170
Readjustment of premium
Status: in_force

Any group life insurance contract may provide for a readjustment of the premium rate based upon the experience thereunder.
Nev. Rev. Stat. § 690B.320 — NV Code / Title 57 / Chapter 690B / Section 690B.320
Additional requirements for insurer offering to issue claims-made policy to certain practitioners
Status: in_force

1. If an insurer offers to issue a claims-made policy to a practitioner licensed pursuant to chapters 630 to 640, inclusive, of NRS or who holds a license or limited license issued pursuant to chapter 653 of NRS , the insurer shall: (a) Offer to issue to the practitioner an extended reporting endorsement without a time limitation for reporting a claim. (b) Disclose to the practitioner the premium for the extended reporting endorsement and the cost formula that the insurer uses to determine the premium for the extended reporting endorsement. (c) Disclose to the practitioner the portion of the premium attributable to funding the extended reporting endorsement offered at no additional cost to the practitioner in the event of the practitioner's death, disability or retirement, if such a benefit is offered. (d) Disclose to the practitioner the vesting requirements for the extended reporting endorsement offered at no additional cost to the practitioner in the event of the practitioner's death or retirement, if such a benefit is offered. If such a benefit is not offered, the absence of such a benefit must be disclosed. (e) Include, as part of the insurance contract, language which must be approved by the Commissioner and which must be substantially similar to the following: If we adopt any revision that would broaden the coverage under this policy without any additional premium either within the policy period or within 60 days before the policy period, the broadened coverage will immediately apply to this policy.

2. The disclosures required by subsection 1 must be made as part of the offer and acceptance at the inception of the policy and again at each renewal in the form of an endorsement attached to the insurance contract and approved by the Commissioner.

3. The requirements set forth in this section are in addition to the requirements set forth in NRS 690B.290 .
Nev. Rev. Stat. § 695H.170 — NV Code / Title 57 / Chapter 695H / Section 695H.170
Administrative penalty for commission of certain acts; availability of list of participating providers of health care required
Status: in_force

A person is subject to the imposition of an administrative penalty pursuant to this chapter if, in the course of the business of the person, the person:

1. Solicits, markets, advertises, promotes or sells to a person in this State a medical discount plan or a membership in connection with a medical discount plan unless the medical discount plan is registered pursuant to this chapter.

2. Fails to provide any disclosure required pursuant to NRS 695H.110 .

3. Fails to make available to an applicant for membership or to a member, through a toll-free telephone number, upon the request of the applicant or member, a complete and accurate list of all participating providers of health care who have contracted with the medical discount plan and who are located in the applicant's or member's local area, or within a radius of 50 miles, and a list of the health care or medical services for which the discounts are applicable. The list must be made available, upon the request of the applicant, at the time the applicant purchases a membership and must be updated not less than once every 6 months.

4. Violates subsection 1 or 2 of NRS 695H.100 or otherwise uses advertising or marketing material, brochures or discount cards that are misleading, deceptive or fraudulent.

5. Offers discounted products or services to the applicant or member that are not authorized by a contract with each provider of health care listed in conjunction with the medical discount plan.

6. Fails to allow the applicant or member to cancel the membership in the medical discount plan.

7. If appropriate, fails to refund any required portion of membership fees paid to the medical discount plan by the applicant or member within 30 days after the applicant or member provides timely notification of the cancellation of the membership to the person administering the medical discount plan.
Nev. Rev. Stat. § 695B.010 — NV Code / Title 57 / Chapter 695B / Section 695B.010
Short title
Status: in_force

This chapter may be cited as the Nonprofit Hospital, Medical and Dental Service Corporation Law.
Nev. Rev. Stat. § 690C.250 — NV Code / Title 57 / Chapter 690C / Section 690C.250
Conditions under which service contract void and refund required; right of original purchaser; provision stating right required; requirements for refund; penalty
Status: in_force

1. A service contract is void and a provider shall refund to the holder the purchase price of the service contract if the holder has not made a claim under the service contract and the holder returns the service contract to the provider: (a) Within 20 days after the date the provider mails a copy of the service contract to the holder; (b) Within 10 days after the purchaser receives a copy of the service contract if the provider furnishes the holder with the copy at the time the contract is purchased; or (c) Within a longer period specified in the service contract.

2. The right of a holder to return a service contract pursuant to this section applies only to the original purchaser of the service contract.

3. A service contract must include a provision that clearly states the right of a holder to return a service contract pursuant to this section.

4. The provider shall refund to the holder the purchase price of the service contract within 45 days after a service contract is returned pursuant to subsection 1. If the provider fails to refund the purchase price within that time, the provider shall pay the holder a penalty of 10 percent of the purchase price for each 30-day period or portion thereof that the refund and any accrued penalties remain unpaid.
Nev. Rev. Stat. § 686C.175 — NV Code / Title 57 / Chapter 686C / Section 686C.175
Receipt and disposition of deposit held pursuant to law or required by Commissioner for benefit of creditors
Status: in_force

A deposit in this state, held pursuant to law or required by the Commissioner for the benefit of creditors, including, without limitation, policy or contract owners, certificate holders and enrollees, not turned over to the domiciliary receiver upon the entry of a final order of liquidation or order approving a plan of rehabilitation of a member insurer domiciled in this state or a reciprocal state pursuant to NRS 696B.290 or 696B.300 must be promptly paid to the Association. The Association is entitled to retain a portion of an amount so paid to it that is equal to the percentage determined by dividing the aggregate amount of claims by policy or contract owners, certificate holders and enrollees that are related to that insolvency for which the Association has provided statutory benefits by the aggregate amount of all claims by policy or contract owners, certificate holders and enrollees in this state related to that insolvency, and shall remit the remainder to the domiciliary receiver. The amount so remitted is a distribution of the assets of the member insurer for the purposes of chapter 696B of NRS .
Nev. Rev. Stat. § 686C.221 — NV Code / Title 57 / Chapter 686C / Section 686C.221
Determination of means to provide benefits; limitation on entitlement to benefits
Status: in_force

1. The Board of Directors of the Association may exercise reasonable business judgment to determine the means by which the Association is to provide the benefits of this chapter in an economical and efficient manner.

2. Where the Association has arranged or offered to provide the benefits of this chapter to a covered person under a plan or arrangement that satisfies the obligations of the Association under this chapter, the covered person is not entitled to benefits from the Association in addition to or other than those provided under the plan or arrangement.
Nev. Rev. Stat. § 681A.520 — NV Code / Title 57 / Chapter 681A / Section 681A.520
Managers: Sharing of interim profits
Status: in_force

If a contract between a manager for reinsurance and the reinsurer he or she represents provides for a sharing of interim profits by the manager for reinsurance, the interim profits must not be paid until 1 year after the end of each underwriting period for property insurance and 5 years after the end of each underwriting period for casualty insurance, and not until the adequacy of reserves on remaining claims has been verified pursuant to NRS 681A.550 .
Nev. Rev. Stat. § 686B.179 — NV Code / Title 57 / Chapter 686B / Section 686B.179
Revocation or suspension of license
Status: in_force

The Commissioner may, after notice and hearing, revoke or suspend the license of an advisory organization for failure to comply with the provisions of this chapter.
Nev. Rev. Stat. § 681A.510 — NV Code / Title 57 / Chapter 681A / Section 681A.510
Managers: Requirements for settlement of claims; ownership of claims files; termination of authority to settle claims
Status: in_force

1. If a contract between a manager for reinsurance and the reinsurer he or she represents permits the manager for reinsurance to settle claims on behalf of the reinsurer: (a) All claims must be reported to the reinsurer in a timely manner; and (b) A copy of the claim file must be sent to the reinsurer at its request or as soon as it becomes known that the claim: (1) Potentially exceeds the amount determined by the Commissioner or the limit set by the reinsurer, whichever is the lesser amount; (2) Involves a dispute over coverage; (3) May exceed the authority of the manager for reinsurance to settle claims; (4) Has been open for more than 6 months; or (5) Is closed by payment of the lesser of an amount set by the Commissioner or an amount set by the reinsurer.

2. All claims files are the joint property of the reinsurer and the manager for reinsurance. Upon an order of liquidation of the reinsurer, the files become the sole property of the reinsurer or its estate. The reinsurer or its estate shall allow the manager for reinsurance to have reasonable access to and to copy the files on a timely basis.

3. The reinsurer may terminate any authority to make settlements granted to the manager for reinsurance for cause upon written notice to him or her or upon the termination of the contract. The reinsurer may suspend the authority of the manager for reinsurance to make settlements during the pendency of the dispute regarding the cause of termination.
Nev. Rev. Stat. § 695I.030 — NV Code / Title 57 / Chapter 695I / Section 695I.030
“Exchange” defined
Status: in_force

“ Exchange ” means the Silver State Health Insurance Exchange.
Nev. Rev. Stat. § 695J.130 — NV Code / Title 57 / Chapter 695J / Section 695J.130
Examination: Application; fee; failure to appear or pass
Status: in_force

1. A person taking the examination required pursuant to NRS 695J.110 must apply to the Commissioner to take the examination and pay a nonrefundable fee in an amount prescribed in the regulations adopted pursuant to NRS 695J.270 .

2. A person who fails to appear for the examination as scheduled or fails to pass the examination must reapply for examination and pay the required fees in order to be scheduled for another examination.
Nev. Rev. Stat. § 689A.0403 — NV Code / Title 57 / Chapter 689A / Section 689A.0403
Procedure for arbitration of disputes concerning independent medical, dental or chiropractic evaluations
Status: in_force

1. Each policy of health insurance must include a procedure for binding arbitration to resolve disputes concerning independent medical evaluations pursuant to the rules of the American Arbitration Association.

2. If an insurer, for any final determination of benefits or care, requires an independent evaluation of the medical, dental or chiropractic care of any person for whom such care is covered under the terms of the contract of insurance, only a physician, dentist or chiropractic physician who is certified to practice in the same field of practice as the primary treating physician, dentist or chiropractic physician or who is formally educated in that field may conduct the independent evaluation.

3. The independent evaluation must include a physical examination of the patient, unless the patient is deceased, and a personal review of all X-rays and reports prepared by the primary treating physician, dentist or chiropractic physician. A certified copy of all reports of findings must be sent to the primary treating physician, dentist or chiropractic physician and the insured person within 10 working days after the evaluation. If the insured person disagrees with the finding of the evaluation, the insured person must submit an appeal to the insurer pursuant to the procedure for binding arbitration set forth in the policy of insurance within 30 days after the insured person receives the finding of the evaluation. Upon its receipt of an appeal, the insurer shall so notify in writing the primary treating physician, dentist or chiropractic physician.

4. The insurer shall not limit or deny coverage for care related to a disputed claim while the dispute is in arbitration, except that, if the insurer prevails in the arbitration, the primary treating physician, dentist or chiropractic physician may not recover any payment from either the insurer, insured person or the patient for services that the primary treating physician, dentist or chiropractic physician provided to the patient after receiving written notice from the insurer pursuant to subsection 3 concerning the appeal of the insured person.
Nev. Rev. Stat. § 695C.1713 — NV Code / Title 57 / Chapter 695C / Section 695C.1713
Required provision concerning coverage of certain gynecological and obstetrical services without authorization or referral from primary care physician
Status: in_force

1. A health care plan must include a provision authorizing a woman covered by the plan 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 health care plan to designate an obstetrician or gynecologist as her primary care physician.

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

4. As used in this section, “primary care physician” has the meaning ascribed to it in NRS 695G.060 .
Nev. Rev. Stat. § 692C.3524 — NV Code / Title 57 / Chapter 692C / Section 692C.3524
Filing requirements for nonexempt member of exempt insurance group
Status: in_force

If an insurer does not qualify for an exemption pursuant to subsection 1 of NRS 692C.352 and the insurance group of which the insurer is a member qualifies for an exemption pursuant to subsection 2 of that section, the ORSA Summary Report that may be required under NRS 692C.3514 , 692C.3516 and 692C.3518 is the report applicable to that insurer.
Nev. Rev. Stat. § 692C.200 — NV Code / Title 57 / Chapter 692C / Section 692C.200
Acquisition or merger: Use of alternative documents
Status: in_force

If any offer, request, invitation, agreement or acquisition referred to in subsection 1 of NRS 692C.180 is proposed to be made by means of a registration statement under the Securities Act of 1933, 15 U.S.C. §§ 77a to 77aa , inclusive, or in circumstances requiring the disclosure of similar information under the Securities Exchange Act of 1934, 15 U.S.C. §§ 78a et seq., or under any state law requiring similar registration or disclosure, the person required to file the pre-acquisition statement referred to in subsection 1 of NRS 692C.180 may utilize such documents in furnishing the information called for by that statement.
Nev. Rev. Stat. § 681A.2125 — NV Code / Title 57 / Chapter 681A / Section 681A.2125
Confirmation to Commissioner of compliance by assuming insurer with certain requirements related to minimum capital and surplus and minimum solvency or capital ratio
Status: in_force

The assuming insurer's supervisory authority must confirm to the Commissioner on an annual basis, as of the preceding December 31 or at the annual date otherwise statutorily reported to the reciprocal jurisdiction, that the assuming insurer complies with the requirements set forth in subsections 2 and 3 of NRS 681A.211 . Nothing in this section precludes an assuming insurer from providing the Commissioner with information on a voluntary basis.
Nev. Rev. Stat. § 680B.0355 — NV Code / Title 57 / Chapter 680B / Section 680B.0355
Insurer required to provide statement to insureds if portion of premium is attributable to general premium tax; insurer authorized to provide statement to insureds if portion of premium is attributable to annual fees or assessments
Status: in_force

1. If an insurer includes any portion of the general premium tax which the insurer is required to pay pursuant to NRS 680B.027 in the amount billed to its insureds for the premium for insurance, the insurer shall provide with each notice of renewal sent to its insureds a statement that a portion of the premium is attributable to the general premium tax.

2. If an insurer includes any portion of any annual fees or assessments that it is required to pay to the State of Nevada in the amount billed to its insureds for the premium for insurance, the insurer may provide with each notice of renewal sent to its insureds a statement that a portion of the premium is attributable to the annual fees or assessments that it is required to pay to the State of Nevada.
Nev. Rev. Stat. § 695B.197 — NV Code / Title 57 / Chapter 695B / Section 695B.197
Reimbursement for treatment by licensed psychologist
Status: in_force

If any contract for hospital or medical service provides coverage for treatment of an illness which is within the authorized scope of the practice of a qualified psychologist, the insured is entitled to reimbursement for treatments by a licensed psychologist.
Nev. Rev. Stat. § 689A.475 — NV Code / Title 57 / Chapter 689A / Section 689A.475
“Affiliated” defined
Status: in_force

“ Affiliated ” means any entity or person who directly, or indirectly through one or more intermediaries, controls or is controlled by or is under common control with a specified entity or person.
Nev. Rev. Stat. § 686B.1793 — NV Code / Title 57 / Chapter 686B / Section 686B.1793
Penalties
Status: in_force

1. An insurer or other person who violates any provision of NRS 686B.1751 to 686B.1799 , inclusive, shall, upon the order of the Commissioner, pay an administrative fine not to exceed $1,000 for each violation and not to exceed $10,000 for each willful violation. These administrative fines are in addition to any other penalty provided by law. Any insurer using a rate before it has been filed with the Commissioner as required by NRS 686B.1775 , shall be deemed to have committed a separate violation for each day the insurer failed to file the rate.

2. The Commissioner may suspend or revoke the license of any advisory organization or insurer who fails to comply with an order within the time specified by the Commissioner or any extension of that time made by the Commissioner. Any suspension of a license is effective for the time stated by the Commissioner in his or her order or until the order is modified, rescinded or reversed.

3. The Commissioner, by written order, may impose a penalty or suspend a license pursuant to this section only after written notice to the insurer, organization or plan for apportioned risks and a hearing.
Nev. Rev. Stat. § 689.135 — NV Code / Title 57 / Chapter 689 / Section 689.135
“Trust fund” defined
Status: in_force

“ Trust fund ” means a fund containing any money deposited with a trustee by a seller with respect to a prepaid contract.
Nev. Rev. Stat. § 695C.1757 — NV Code / Title 57 / Chapter 695C / Section 695C.1757
Plan covering prescription drugs: Denial of coverage prohibited for early refills of otherwise covered topical ophthalmic products
Status: in_force

1. A health maintenance organization which offers or issues a health care plan that provides coverage for prescription drugs shall not deny coverage for a topical ophthalmic product which is otherwise approved for coverage by the health maintenance organization when the enrollee, pursuant to NRS 639.2395 , receives a refill of the product: (a) After 21 days or more but before 30 days after receiving any 30-day supply of the product; (b) After 42 days or more but before 60 days after receiving any 60-day supply of the product; or (c) After 63 days or more but before 90 days after receiving any 90-day supply of the product.

2. The provisions of this section do not affect any deductibles, copayments or coinsurance established by the health care plan.

3. An evidence of coverage subject to the provisions of this chapter which provides coverage for prescription drugs and that is delivered, issued for delivery or renewed on or after January 1, 2016, has the legal effect of including the coverage required by this section, and any provision of the evidence of coverage or renewal which is in conflict with this section is void.

4. As used in this section, “ topical ophthalmic product ” means a liquid prescription drug which is applied directly to the eye from a bottle or by means of a dropper.
Nev. Rev. Stat. § 695A.320 — NV Code / Title 57 / Chapter 695A / Section 695A.320
Suspension, revocation or refusal of license of foreign or alien society
Status: in_force

1. When the Commissioner upon investigation finds that a foreign or alien society transacting or applying to transact business in this state: (a) Has exceeded its powers; (b) Has failed to comply with any provision of this chapter; (c) Is not fulfilling its contracts in good faith; or (d) Is conducting its business fraudulently or in a manner hazardous to its members or creditors or the public, the Commissioner shall notify the society of his or her findings, state in writing the reasons for the Commissioner’s dissatisfaction and issue a written order requiring the society to make the necessary corrections. If the Commissioner finds that the society has failed to comply with the order within 30 days after receiving it, the Commissioner shall notify the society of his or her finding of noncompliance and require the society to show cause on a date named why its license should not be suspended, revoked or refused.

2. If on that date the society does not present good and sufficient reason why its authority to do business in this state should not be suspended, revoked or refused, the Commissioner may suspend or refuse the license of the society to do business in this state until satisfactory evidence is furnished to the Commissioner that the suspension or refusal should be withdrawn, or the Commissioner may revoke the authority of the society to do business in this state.

3. Nothing contained in this section prevents a society from continuing in good faith all contracts made in this state during the time the society was legally authorized to transact business in this state.
Nev. Rev. Stat. § 694A.060 — NV Code / Title 57 / Chapter 694A / Section 694A.060
Foreign or domestic arbitrage transactions
Status: in_force

The provisions of NRS 694A.020 , 694A.030 and 694A.040 do not apply to foreign or domestic arbitrage transactions unless made in contravention of such rules and regulations as the Commissioner may adopt in order to carry out the purposes of this chapter.
Nev. Rev. Stat. § 689B.0304 — NV Code / Title 57 / Chapter 689B / Section 689B.0304
Policy covering prescription drugs: Required actions by insurer related to acquisition of prescription drugs for certain insureds residing in area for which emergency or disaster has been declared
Status: in_force

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

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

3. As used in this section, “practitioner” has the meaning ascribed to it in NRS 639.0125 .
Nev. Rev. Stat. § 695I.210 — NV Code / Title 57 / Chapter 695I / Section 695I.210
Powers and duties of Exchange; applicability of state purchasing provisions
Status: repealed

1. The Exchange shall: (a) Create and administer a health insurance exchange; (b) Facilitate the purchase and sale of qualified health plans consistent with established patterns of care within the State; (c) Provide for the establishment of a program to assist qualified small employers in Nevada in facilitating the enrollment of their employees in qualified health plans offered in the small group market; (d) Except as otherwise authorized by a waiver obtained pursuant to NRS 695I.505 , make only qualified health plans available to qualified individuals and qualified small employers; and (e) Unless the Federal Act is repealed or is held to be unconstitutional or otherwise invalid or unlawful, perform all duties that are required of the Exchange to implement the requirements of the Federal Act.

2. The Exchange may: (a) Enter into contracts with any person, including, without limitation, a local government, a political subdivision of a local government and a governmental agency, to assist in carrying out the duties and powers of the Exchange or the Board; and (b) Apply for and accept any gift, donation, bequest, grant or other source of money to carry out the duties and powers of the Exchange or the Board.

3. The Exchange is subject to the provisions of chapter 333 of NRS .
Nev. Rev. Stat. § 686A.720 — NV Code / Title 57 / Chapter 686A / Section 686A.720
Indemnification of agent by insurer
Status: in_force

1. An insurer shall indemnify, defend and hold harmless an agent of the insurer from and against all liability, fees and costs arising out of or relating to the actions, errors or omissions of the agent with regard to obtaining or using credit information or insurance scores for the insurer, if the agent follows the instructions of or procedures established by the insurer and complies with any applicable law or regulation.

2. This section does not provide, expand, limit or prohibit any cause of action an applicant or policyholder may have against an agent of an insurer.
Nev. Rev. Stat. § 691E.220 — NV Code / Title 57 / Chapter 691E / Section 691E.220
Producer of limited lines travel insurance required to establish, maintain and update register of travel retailers; submission of copy of register to Commissioner; required certification
Status: in_force

1. Each producer of limited lines travel insurance shall, at the time of licensure, establish and maintain a register, on a form and in a manner prescribed by the Commissioner, which includes a list of each travel retailer that offers and disseminates travel insurance on behalf of the producer of limited lines travel insurance. The register must include, without limitation: (a) The name, address and contact information of the travel retailer; (b) The name, address and contact information of an officer or person who directs or controls the operations of the travel retailer; and (c) The federal tax identification number of the travel retailer.

2. The producer of limited lines travel insurance shall: (a) Maintain and regularly update the register; and (b) Submit a copy of the register to the Commissioner upon reasonable request.

3. A producer of limited lines travel insurance shall certify that each travel retailer listed on the register complies with the provisions of 18 U.S.C. § 1033 .
Nev. Rev. Stat. § 679B.030 — NV Code / Title 57 / Chapter 679B / Section 679B.030
Qualifications
Status: in_force

1. The Commissioner shall have had at least 2 years' responsible experience in the field of insurance, including, but not limited to, one or more of the following endeavors: Administration, sales, law, counseling and education.

2. The Commissioner shall not be a stockholder in or directly or indirectly connected with the management or affairs of any insurance company or insurance brokerage or agency.
Nev. Rev. Stat. § 692C.359 — NV Code / Title 57 / Chapter 692C / Section 692C.359
Supervisory college: Commissioner may convene or participate; composition; agreements with other regulatory agencies
Status: in_force

1. The Commissioner may, for any registered insurer who is part of an insurance holding company system with international operations, convene a supervisory college or participate in a supervisory college convened by a state, federal or international regulatory agency with authority over any insurer who is part of the insurance holding company system: (a) To determine whether or not the registered insurer is in compliance with the provisions of this chapter; (b) To assess the business strategy, financial position, legal and regulatory compliance, risk exposure, risk management and governance procedures of the registered insurer; or (c) As part of an examination of the registered insurer pursuant to NRS 692C.410 .

2. In convening a supervisory college pursuant to subsection 1, the Commissioner may, without limitation: (a) Establish: (1) The membership of the supervisory college; (2) The functions of the supervisory college; and (3) The role of each regulatory agency participating in the supervisory college; (b) Designate a regulatory agency as supervisor of the supervisory college; and (c) Coordinate the activities of the supervisory college, including, without limitation: (1) Meetings; (2) Supervisory activities; and (3) The sharing of information among members of the supervisory college.

3. In convening or participating in a supervisory college pursuant to this section, the Commissioner may enter into agreements with other state, federal or international regulatory agencies concerning the governance of a supervisory college. Such an agreement must meet the confidentiality requirements of NRS 692C.420 .

4. The provisions of this section must not be construed to: (a) Limit the authority of the Commissioner; or (b) Delegate to any supervisory college the authority of the Commissioner to regulate a registered insurer or any affiliate of a registered insurer pursuant to this title.

5. As used in this section, “ supervisory college ” means a temporary or permanent forum for communication and cooperation between regulators, including, without limitation, state, federal and international regulatory agencies which are charged with regulating and supervising an insurer.
Nev. Rev. Stat. § 695D.270 — NV Code / Title 57 / Chapter 695D / Section 695D.270
Examination by Commissioner
Status: in_force

1. The Commissioner shall, not less frequently than once every 3 years, conduct an examination of an organization for dental care pursuant to NRS 679B.250 to 679B.300 , inclusive.

2. The Commissioner may examine any organization which holds a certificate of authority from this State or another state at any other time the Commissioner deems necessary. For those organizations transacting business in this State which are not organized in this State, the Commissioner may accept a full report of the last examination of the organization certified by the state officer who supervises those organizations in the other state, if that examination is equivalent to an examination conducted by the Commissioner.

3. The Commissioner shall, in like manner, examine all organizations applying for a certificate of authority.
Nev. Rev. Stat. § 684A.035 — NV Code / Title 57 / Chapter 684A / Section 684A.035
Applicability of other provisions
Status: in_force

1. The provisions of NRS 683A.341 and 686A.310 apply to adjusters.

2. For the purposes of subsection 1, unless the context requires that a section apply only to producers of insurance or insurers, any reference in those sections to “producer of insurance” or “insurer” must be replaced by a reference to “adjuster.”
Nev. Rev. Stat. § 680C.100 — NV Code / Title 57 / Chapter 680C / Section 680C.100
Creation; use; investment
Status: in_force

1. The Fund for Insurance Administration and Enforcement is hereby created in the State Treasury as an enterprise fund.

2. The Fund must be used solely for the administration and enforcement of the Code and other laws and regulations enforced by the Division.

3. The State Treasurer shall invest the money in the Fund in the same manner and in the same securities in which he or she is authorized to invest state general funds that are in his or her custody. Income realized from the investment of the assets of the Fund must be credited to the Fund.

4. The money in each account within the Fund may not be used for any purpose other than that provided by law for that account.
Nev. Rev. Stat. § 687B.615 — NV Code / Title 57 / Chapter 687B / Section 687B.615
“Health benefit plan” defined
Status: in_force

“Health benefit plan” has the meaning ascribed to it in NRS 695G.019 .
Nev. Rev. Stat. § 683C.050 — NV Code / Title 57 / Chapter 683C / Section 683C.050
Requirements for partnership or corporation licensed as insurance consultant
Status: in_force

A partnership or corporation licensed as an insurance consultant must require a license of each natural person who is authorized to act for the corporation or partnership. Each natural person must be named in the partnership's or corporation's license and qualify as an individual licensee.
Nev. Rev. Stat. § 686C.290 — NV Code / Title 57 / Chapter 686C / Section 686C.290
Plan of operation: Submission; amendments; approval by Commissioner; compliance; contents; delegation of duties or powers
Status: in_force

1. The Association shall submit to the Commissioner a plan of operation and any amendments thereto necessary or suitable to ensure the fair, reasonable and equitable administration of the Association. The plan of operation and any amendments thereto become effective upon approval in writing by the Commissioner, or 30 days after submission if the Commissioner has not disapproved them. All member insurers shall comply with the plan of operation.

2. If at any time the Association fails to submit suitable amendments to the plan, the Commissioner shall adopt, after notice and hearing, such reasonable regulations as are necessary or advisable to effectuate the provisions of this chapter. The regulations continue in force until modified by the Commissioner or superseded by a plan submitted by the Association and approved by the Commissioner.

3. In addition to satisfying the other requirements of this chapter, the plan of operation must: (a) Establish procedures for handling the assets of the Association. (b) Establish the amount and method of reimbursing members of the Board of Directors under NRS 686C.140 . (c) Establish regular places and times for meetings of the Board. (d) Establish procedures for records to be kept of all financial transactions of the Association, its agents and the Board. (e) Establish the procedures whereby selections for the Board will be made and submitted to the Commissioner. (f) Establish the methodology required by subsection 2 of NRS 686C.240 and any additional procedures for assessments under NRS 686C.230 to 686C.270 , inclusive. (g) Establish the period of time over which a member insurer must determine whether the member insurer has recouped an excess amount pursuant to subsection 4 of NRS 686C.280 , the manner in which the member insurer must remit any excess amount to the Association and the manner in which the Association must apply any such excess amount to reduce future assessments. (h) Contain additional provisions necessary or proper for the execution of the powers and duties of the Association.

4. The plan of operation may provide that any or all powers and duties of the Association, except those under subsection 3 of NRS 686C.220 and NRS 686C.230 to 686C.285 , inclusive, are delegated to a corporation, Association or other organization which performs or will perform functions similar to those of this Association, or its equivalent, in two or more states. Such an organization must be reimbursed for any payments made on behalf of the Association and paid for its performance of any function of the Association. A delegation under this subsection takes effect only with the approval of the Board of Directors and the Commissioner, and may be made only to an organization that extends protection not substantially less favorable and effective than that provided by this chapter.
Nev. Rev. Stat. § 690A.107 — NV Code / Title 57 / Chapter 690A / Section 690A.107
Limitation on amount charged for consumer credit insurance
Status: in_force

The amount charged to a debtor for any consumer credit insurance must not exceed the amount of the premiums charged by the insurer as determined at the time that the contract was accepted by the debtor.
Nev. Rev. Stat. § 679A.095 — NV Code / Title 57 / Chapter 679A / Section 679A.095
“Hospice care” defined
Status: in_force

“Hospice care” has the meaning ascribed to it in NRS 449.0115 .
Nev. Rev. Stat. § 695H.080 — NV Code / Title 57 / Chapter 695H / Section 695H.080
Offering, marketing, selling or engaging in business as medical discount plan without registration unlawful; exceptions
Status: in_force

1. Except as otherwise provided in this section, it is unlawful for any person to offer, market, sell or engage in business as a medical discount plan in this State without first registering the medical discount plan pursuant to the provisions of this chapter.

2. An insurer is not required to register any medical discount plan pursuant to the provisions of this chapter unless the insurer offers, markets or sells the medical discount plan in this State for separate consideration.

3. If an affiliate of an insurer offers, markets, sells or engages in business as a medical discount plan in this State, the affiliate is required to register the medical discount plan pursuant to the provisions of this chapter.

4. The provisions of this chapter do not apply to any medical discount plan that offers or provides discounts only on prescriptions.
Nev. Rev. Stat. § 681B.420 — NV Code / Title 57 / Chapter 681B / Section 681B.420
Exceptions to confidentiality; applicability
Status: in_force

1. Notwithstanding any provisions of NRS 681B.410 to the contrary, any confidential information specified in subsections 1 and 5 of NRS 681B.410 : (a) May be subject to subpoena for the purpose of defending an action seeking damages from the appointed actuary submitting the related memorandum in support of an opinion submitted in accordance with the provisions of NRS 681B.200 to 681B.260 , inclusive, or a principle-based valuation report developed in accordance with paragraph (c) of subsection 1 of NRS 681B.360 by reason of an action required by NRS 681B.300 to 681B.510 , inclusive, or any regulations adopted pursuant thereto; (b) May otherwise be released by the Commissioner with the written consent of the applicable company; and (c) Is no longer confidential if any portion of a memorandum in support of an opinion submitted in accordance with the provisions of NRS 681B.200 to 681B.260 , inclusive, or a principle-based valuation report developed in accordance with paragraph (c) of subsection 1 of NRS 681B.360 , is: (1) Cited by the applicable company in its marketing; (2) Publicly volunteered to or before a government agency other than the Division or an insurance department of another state; or (3) Released by the applicable company to the news media.

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. § 687A.080 — NV Code / Title 57 / Chapter 687A / Section 687A.080
Powers and duties of Commissioner
Status: in_force

1. The Commissioner shall: (a) Notify the Association of the existence of an insolvent insurer not later than 3 days after the Commissioner receives notice of the determination of insolvency by a court or makes a determination of insolvency pursuant to NRS 687A.107 , whichever is earlier. (b) Provide the Association with a copy of any complaint seeking an order of liquidation with a finding of insolvency against a member insurer when such a complaint is filed or received by the Commissioner. (c) Upon request of the Board of Directors of the Association, provide the Association with a statement of the net direct written premiums of each member insurer.

2. The Commissioner may: (a) Require that the Association notify the insureds of the insolvent insurer and any other interested parties of the determination of insolvency and of their rights under this chapter. Such notification must be by mail at their last known address, but if sufficient information for notification by mail is not available, notice by publication in a newspaper of general circulation is sufficient. (b) Suspend or revoke, after notice and opportunity for hearing, the certificate of authority to transact insurance in this State of any member insurer which fails to pay an assessment when due or fails to comply with the plan of operation. As an alternative, the Commissioner may levy a fine on any member insurer which fails to pay an assessment when due. The fine must not exceed 5 percent of the unpaid assessment per month, except that no fine may be less than $100 per month. (c) Revoke the designation of any servicing facility if the Commissioner finds claims are being acted upon unsatisfactorily. (d) Request the Association to perform any acts specified in paragraph (i) of subsection 2 of NRS 687A.060 .
Nev. Rev. Stat. § 696B.460 — NV Code / Title 57 / Chapter 696B / Section 696B.460
Entry of order of insolvency; notice by Commissioner of time to file claims
Status: in_force

1. If upon the entry of an order of liquidation under this chapter or at any time thereafter during liquidation proceedings the insurer is not clearly solvent, the court shall, upon a hearing after such notice as it deems proper, make and enter an order adjudging the insurer to be insolvent.

2. After the entry of the order of insolvency, regardless of any prior notice that may have been given to creditors, the Commissioner shall notify all persons who may have claims against the insurer to file such claims with him or her, at a place and within the time specified in the notice, or that such claims shall be forever barred. The time specified in the notice shall be as fixed by the court for filing of claims, which shall be not less than 6 months after the entry of the order of insolvency. The notice shall be given in such manner and for such reasonable period of time as may be ordered by the court.
Nev. Rev. Stat. § 689C.168 — NV Code / Title 57 / Chapter 689C / Section 689C.168
Plan covering prescription drugs prohibited from limiting or excluding coverage for prescription drug previously approved for medical condition of insured; exception
Status: in_force

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

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

3. Any provision of a health benefit plan subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after October 1, 2001, which is in conflict with this section is void.
Nev. Rev. Stat. § 683A.084 — NV Code / Title 57 / Chapter 683A / Section 683A.084
“Underwrite” defined
Status: in_force

“Underwrite” includes, without limitation:

1. Accepting applications for insurance coverage in accordance with the written rules of an insurer;

2. Planning and coordinating a program of insurance; and

3. Procuring bonds and excess insurance.
Nev. Rev. Stat. § 695D.157 — NV Code / Title 57 / Chapter 695D / Section 695D.157
Hazardous financial condition: Regulations; determination; powers of Commissioner
Status: in_force

1. The Commissioner may adopt regulations to define when an organization for dental care 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 organization for dental care transacting business in this State may be considered to be hazardous to its members or creditors or to the general public.

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

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. § 680A.540 — NV Code / Title 57 / Chapter 680A / Section 680A.540
Authority to deliver by electronic means certain types of notices or documents in certain circumstances; delivery by electronic means satisfies requirements of Nevada Insurance Code regarding delivery in physical form
Status: in_force

1. A notice to a party or any other document which is required by law to be provided as part of an insurance transaction or which serves as evidence of insurance coverage may be delivered by electronic means if such delivery satisfies the requirements of chapter 719 of NRS and NRS 680A.550 .

2. The delivery of a notice or other document pursuant to subsection 1 is deemed to satisfy any requirement of this Code to deliver a notice or other document in physical form, including, without limitation, by: (a) Mail; (b) Mail, postage prepaid; (c) Certified mail; (d) Certified mail, return receipt requested; (e) First-class mail; (f) Registered mail; (g) Registered mail, return receipt requested; or (h) Overnight delivery using a nationally recognized carrier.
Nev. Rev. Stat. § 693A.585 — NV Code / Title 57 / Chapter 693A / Section 693A.585
Public hearing on proposed plan
Status: in_force

Unless the Commissioner, for good cause, extends the time, the Commissioner shall conduct a public hearing regarding a proposed plan of reorganization not later than 120 days after the date on which the completed proposed plan of reorganization is filed pursuant to NRS 693A.580 . Any interested person may appear or otherwise be heard at the public hearing. The Commissioner may continue the public hearing for a reasonable period, not to exceed 60 days. The mutual insurer shall give such reasonable notice of the public hearing as the Commissioner requires.
Nev. Rev. Stat. § 695B.360 — NV Code / Title 57 / Chapter 695B / Section 695B.360
Certain accommodations required to be made when child is covered under policy of noncustodial parent
Status: in_force

If a child has coverage under a contract pursuant to which a noncustodial parent of the child is insured, the corporation issuing that contract shall:

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

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

3. Make payments on claims submitted pursuant to subsection 2 directly to the custodial parent, the provider of health care or an agency of this or another state responsible for the administration of Medicaid.
Nev. Rev. Stat. § 693A.380 — NV Code / Title 57 / Chapter 693A / Section 693A.380
Bulk reinsurance: Certificate of fees and commissions; restrictions upon payment; penalty
Status: in_force

1. At the time of filing the agreement of bulk reinsurance with the Commissioner as provided in NRS 693A.370 , the parties shall also file with the Commissioner a certificate or certificates under oath of a principal officer of each insurer involved, as to fees, commissions and other valuable considerations paid or to be paid to any person directly or indirectly in connection with the agreement or the proposed bulk reinsurance. This subsection does not apply to fees of attorneys, accountants, actuaries and other independently contracting persons rendering similar technical services in connection with the bulk reinsurance, or to regular salaried compensation received or to be received by employees in the ordinary course of business.

2. No director or officer of any insurer party to such bulk reinsurance shall, except as fully expressed in the bulk reinsurance agreement, receive any fee, commission or other special or valuable consideration whatever, directly or indirectly, for in any manner aiding, promoting or assisting in the negotiation or effectuation of such reinsurance.

3. Any person violating the provisions of subsection 2 is guilty of a gross misdemeanor.
Nev. Rev. Stat. § 695K.110 — NV Code / Title 57 / Chapter 695K / Section 695K.110
“Trust Fund” defined
Status: in_force

<Section effective Jan. 1, 2026.>

“ Trust Fund ” means the Public Option Trust Fund created by NRS 695K.300 .
Nev. Rev. Stat. § 694B.060 — NV Code / Title 57 / Chapter 694B / Section 694B.060
Organization of reciprocal insurer
Status: in_force

1. Twenty-five or more persons domiciled in this state may organize a domestic reciprocal insurer and make application to the Commissioner for a certificate of authority to transact insurance.

2. The proposed attorney shall fulfill the requirements of and shall execute and file with the Commissioner when applying for a certificate of authority a declaration setting forth: (a) The name of the insurer; (b) The location of the insurer's principal office, which shall be the same as that of the attorney and shall be maintained within this state; (c) The kinds of insurance proposed to be transacted; (d) The names and addresses of the original subscribers; (e) The designation and appointment of the proposed attorney and a copy of the power of attorney; (f) The names and addresses of the officers and directors of the attorney, if a corporation, or its members, if a firm; (g) The powers of the subscribers' advisory committee, and the names and terms of office of the members thereof; (h) That all moneys paid to the reciprocal shall, after deducting therefrom any sum payable to the attorney, be held in the name of the insurer and for the purposes specified in the subscribers' agreement; (i) A statement that each of the original subscribers has in good faith applied for insurance of a kind proposed to be transacted, and that the insurer has received from each such subscriber the full premium or premium deposit required for the policy applied for, for a term of not less than 6 months at an adequate rate theretofore filed with and approved by the Commissioner; (j) A statement of the financial condition of the insurer, a schedule of its assets, and a statement that the surplus as required by NRS 680A.120 is on hand; and (k) A copy of each policy, endorsement and application form it then proposes to issue or use.

3. The declaration shall be acknowledged by the attorney in the manner required for the acknowledgment of deeds.
Nev. Rev. Stat. § 689C.1683 — NV Code / Title 57 / Chapter 689C / Section 689C.1683
Coverage for prescription drugs irregularly dispensed for purpose of synchronization of chronic medications required in plan covering prescription drugs; prohibited acts; exception
Status: in_force

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

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

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

4. As used in this section: (a) “ Chronic medication ” means any drug that is prescribed to treat any disease or other condition which is determined to be permanent, persistent or lasting indefinitely. (b) “ Synchronization ” means the alignment of the dispensing of multiple medications by a single contracted pharmacy for the purpose of improving a patient's adherence to a prescribed course of medication. (c) “ Unit-of-use packaging ” means medication that is prepackaged by the manufacturer in blister packs, compliance packs, course-of-therapy packs or any other packaging which is designed and intended to be dispensed directly to the patient without modification by the dispensing pharmacy, except for the addition of a prescription label.
Nev. Rev. Stat. § 691E.300 — NV Code / Title 57 / Chapter 691E / Section 691E.300
Documents provided to prospective purchaser required to be consistent with policy; required information concerning exclusion for preexisting conditions; required disclosures concerning whether coverage is primary or secondary to other coverage
Status: in_force

1. All documents provided to a prospective purchaser before the purchase of travel insurance, including, without limitation, any sales, advertising or marketing materials, must be consistent with the policy of travel insurance.

2. If a certificate or policy of travel insurance contains an exclusion for preexisting conditions, a prospective purchaser must be provided, before the time of purchase, information concerning the exclusion and an opportunity to learn more about the exclusion. If travel insurance is included in a travel protection plan, information concerning the exclusion must be included in the fulfillment materials concerning the plan.

3. An insurer providing travel insurance shall disclose in the policy of travel insurance documentation and, if the travel insurance is included in a travel protection plan, the fulfillment materials concerning the plan, whether the travel insurance is primary or secondary to other applicable insurance coverage.

4. As used in this section, “ policy of travel insurance ” includes, without limitation, any form, endorsement, policy, rate filing and certificate of insurance associated with a policy of travel insurance.
Nev. Rev. Stat. § 692A.255 — NV Code / Title 57 / Chapter 692A / Section 692A.255
Money deposited in escrow: Requirements for disbursement; disbursement on same business day allowed for certain forms of deposit; compliance with federal laws and regulations
Status: in_force

1. A title insurer, title agent or escrow officer shall not disburse money from an escrow account unless deposits which are at least equal in value to the proposed disbursements and which relate directly to the transaction for which the money is to be disbursed have been received.

2. A title insurer, title agent or escrow officer shall not disburse money from an escrow account on the same business day as the money is deposited unless the deposit is made in one of the following forms: (a) Cash; (b) Interbank electronic transfer such that the money deposited is available for immediate withdrawal without condition and payable in United States currency; (c) Negotiable order of withdrawal, money order, cashier's check or certified check which is drawn from a financial institution authorized to do business in this State; (d) Any depository check, including any cashier's check or teller's check, that is governed by the Expedited Funds Availability Act, 12 U.S.C. §§ 4001 et seq. ; or (e) Any other form that permits conversion of the deposit to cash on the same day as the deposit is made.

3. A title insurer, title agent or escrow officer who disburses money from an escrow account pursuant to this section on the next business day after the day on which the money is deposited shall comply with all applicable federal laws or regulations with respect to the disbursement of money accorded next-day availability that is deposited in an escrow account.
Nev. Rev. Stat. § 690B.029 — NV Code / Title 57 / Chapter 690B / Section 690B.029
Mandatory provision for reduction of premiums for persons 55 years of age or older in certain circumstances; requirements relating to course of traffic safety; approval of policy by Commissioner
Status: in_force

1. A policy of insurance against liability arising out of the ownership, maintenance or use of a motor vehicle delivered or issued for delivery in this State to a person who is 55 years of age or older must contain a provision for the reduction in the premiums for 3-year periods if the insured: (a) Successfully completes, after attaining 55 years of age and every 3 years thereafter, a course of traffic safety approved by the Department of Motor Vehicles; and (b) For the 3-year period before completing the course of traffic safety and each 3-year period thereafter: (1) Is not involved in a crash involving a motor vehicle for which the insured is at fault; (2) Maintains a driving record free of violations; and (3) Has not been convicted of, or entered a plea of guilty, guilty but mentally ill or nolo contendere to, a moving traffic violation or an offense involving: (I) The operation of a motor vehicle while under the influence of intoxicating liquor or a controlled substance; or (II) Any other conduct prohibited by NRS 484C.110 , 484C.120 , 484C.130 or 484C.430 or a law of any other jurisdiction that prohibits the same or similar conduct.

2. The reduction in the premiums provided for in subsection 1 must be based on the actuarial and loss experience data available to each insurer and must be approved by the Commissioner. Each reduction must be calculated based on the amount of the premium before any reduction in that premium is made pursuant to this section, and not on the amount of the premium once it has been reduced.

3. A course of traffic safety that an insured is required to complete as the result of moving traffic violations must not be used as the basis for a reduction in premiums pursuant to this section.

4. The organization that offers a course of traffic safety approved by the Department of Motor Vehicles shall issue a certificate to each person who successfully completes the course. A person must use the certificate to qualify for the reduction in the premiums pursuant to this section.

5. The Commissioner shall review and approve or disapprove a policy of insurance that offers a reduction in the premiums pursuant to subsection 1. An insurer must receive written approval from the Commissioner before delivering or issuing a policy with a provision containing such a reduction.
Nev. Rev. Stat. § 690B.140 — NV Code / Title 57 / Chapter 690B / Section 690B.140
Investments in tangible personal property: Limitation; waiver
Status: in_force

An insurer who issues policies of insurance for home protection, other than casualty insurance, may make investments in tangible personal property for use in fulfilling its obligations to repair or replace components, systems or appliances of the home under its contracts of insurance for home protection, in an amount not to exceed 35 percent of its assets, as determined pursuant to NRS 681B.010 , unless the Commissioner, whenever the Commissioner deems it appropriate, waives this limitation by regulation.
Nev. Rev. Stat. § 686B.1754 — NV Code / Title 57 / Chapter 686B / Section 686B.1754
“Classification of risks” defined
Status: in_force

“ Classification of risks ” or “ classification ” means the system or arrangement used to recognize differences of exposure to hazards among employers with different occupations, industries or operations.
Nev. Rev. Stat. § 690A.018 — NV Code / Title 57 / Chapter 690A / Section 690A.018
“Debtor” defined
Status: in_force

“ Debtor ” means a borrower of money or a purchaser or lessee of goods, services, property, rights or privileges for which payment is arranged through a credit transaction.
Nev. Rev. Stat. § 695F.460 — NV Code / Title 57 / Chapter 695F / Section 695F.460
Certain accommodations required to be made when child is covered under evidence of coverage of noncustodial parent
Status: in_force

If a child has coverage under any evidence of coverage pursuant to which a noncustodial parent of the child is insured, the prepaid limited health service organization issuing that evidence of coverage shall:

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

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

3. Make payments on claims submitted pursuant to subsection 2 directly to the custodial parent, the provider or an agency of this or another state responsible for the administration of Medicaid.
Nev. Rev. Stat. § 689C.580 — NV Code / Title 57 / Chapter 689C / Section 689C.580
Prohibited acts
Status: in_force

A voluntary purchasing group shall not perform any activity included in the definition of transacting insurance in this state as defined in NRS 679A.130 , perform any activity for which it is subject to regulation pursuant to NRS 685B.120 or establish or otherwise engage in the activities of a health maintenance organization as provided in chapter 695C of NRS .
Nev. Rev. Stat. § 691E.210 — NV Code / Title 57 / Chapter 691E / Section 691E.210
Producer of insurance licensed for certain lines of authority not required to obtain license or be appointed by insurer to act as producer of limited lines travel insurance
Status: in_force

1. A producer of insurance who is licensed for a line of authority specified in paragraphs (a) to (e), inclusive, or (g) of subsection 1 of NRS 683A.261 may act as a producer of limited lines travel insurance and sell, solicit or negotiate travel insurance pursuant to this chapter without obtaining a license as a producer of limited lines travel insurance issued pursuant to NRS 691E.200 .

2. A producer of insurance who is licensed for the lines of authority specified in paragraphs (c) and (d) of subsection 1 of NRS 683A.261 is not required to be appointed by an insurer to act as a producer of limited lines travel insurance and sell, solicit or negotiate travel insurance pursuant to this chapter.
Nev. Rev. Stat. § 688D.040 — NV Code / Title 57 / Chapter 688D / Section 688D.040
“Insured” defined
Status: in_force

“ Insured ” means:

1. A person covered by a policy of life insurance;

2. A holder of a retained asset account;

3. An annuitant or other owner of an annuity, when the annuity provides for benefits to be paid or other money to be distributed upon the death of the annuitant or other owner of the annuity; or

4. A person covered by a benefit contract under which contractual death benefits are payable to a beneficiary pursuant to NRS 695A.180 .
Nev. Rev. Stat. § 693B.150 — NV Code / Title 57 / Chapter 693B / Section 693B.150
Commissioner authorized to exercise powers only if court not available to make necessary orders; regulations, directives and orders of Commissioner
Status: in_force

1. The powers given the Commissioner by NRS 693B.120 and 693B.140 shall be exercised by the Commissioner only if there is no court of competent jurisdiction available to which an application can be made for an order permitting the Commissioner to exercise such powers with respect to a particular organization, but the powers conferred by NRS 693B.140 shall not be exercised in the case of an organization which is not insolvent within the meaning of NRS 696B.210 , unless the Commissioner finds that such organization lacks personnel able to manage its business in the interests of the public, its stockholders and policyholders.

2. The Commissioner may issue general and specific regulations, directives and orders consistent with and in furtherance of the purposes of this chapter.
Nev. Rev. Stat. § 687B.480 — NV Code / Title 57 / Chapter 687B / Section 687B.480
Required manner of availability; required notice related to Silver State Health Insurance Exchange in certain circumstances; regulations
Status: in_force

1. All health benefit plans must be made available in the manner required by 45 C.F.R. § 147.104 .

2. Except as otherwise provided in this subsection, a carrier offering a health benefit plan for individuals that is not being purchased on the Silver State Health Insurance Exchange established by NRS 695I.210 must include on its enrollment Internet website and printed enrollment information a notice to inform consumers that consumers may be eligible for financial assistance with their health insurance premiums or other out-of-pocket expenses by enrolling on the Silver State Health Insurance Exchange established by NRS 695I.210 . A carrier is not required to provide the notice required by this subsection if such financial assistance is not available. The notice required by this subsection must contain the following statement: You can also enroll in a health insurance plan for you and your family through the Silver State Health Insurance Exchange (Nevada's state-based health insurance exchange). The Silver State Health Insurance Exchange allows you to get quotes from different insurance companies that are available on the Exchange. You can compare different plans, get quotes and find out if you qualify for financial assistance. The Silver State Health Insurance Exchange is the only way to receive financial assistance for your health insurance. You can enroll online by visiting www.nevadahealthlink.com or by calling 1-800-547-2927 TTY 711.

3. The Commissioner may adopt regulations to carry out the provisions of subsection 2, including, without limitation, regulations to require additional information to be provided in the notice required by subsection 2.
Nev. Rev. Stat. § 688C.080 — NV Code / Title 57 / Chapter 688C / Section 688C.080
“Provider of viatical settlements” defined
Status: in_force

“ Provider of viatical settlements ” means a person other than a viator who enters into or effectuates a viatical settlement. The term does not include:

1. A bank, savings and loan association, savings bank, thrift company, credit union or other licensed lender that takes an assignment of a policy as security for a loan;

2. The issuer of a policy that provides accelerated benefits pursuant to the contract;

3. An authorized or eligible insurer that provides stop-loss coverage to a provider or purchaser of viatical settlements;

4. A natural person who enters into no more than one agreement in a calendar year for the transfer of policies for a value less than the expected death benefit;

5. A financing agent;

6. A special organization; or

7. A purchaser of viatical settlements.
Nev. Rev. Stat. § 679A.020 — NV Code / Title 57 / Chapter 679A / Section 679A.020
Definitions
Status: in_force

As used in this Code, unless the context otherwise requires, the words and terms defined in NRS 679A.030 to 679A.130 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 689A.070 — NV Code / Title 57 / Chapter 689A / Section 689A.070
Grace period
Status: in_force

There shall be a provision as follows:

Grace Period: A grace period of _____ (insert a number not less than “7” for weekly premium policies, “10” for monthly premium policies and “31” for all other policies) days will be granted for the payment of each premium falling due after the first premium, during which grace period the policy shall continue in force.

A policy in which the insurer reserves the right to refuse any renewal shall have, at the beginning of the above provision:

Unless not less than 30 days prior to the premium due date the company has delivered to the insured or has mailed to the last address of the insured as shown by the records of the insurer written notice of its intention not to renew this policy beyond the period for which the premium has been accepted.
Nev. Rev. Stat. § 694C.160 — NV Code / Title 57 / Chapter 694C / Section 694C.160
Applicability of other provisions
Status: in_force

1. The terms and conditions set forth in chapter 696B of NRS pertaining to insurance reorganization, receiverships and injunctions apply to captive insurers incorporated pursuant to this chapter.

2. The provisions of NRS 679B.285 pertaining to the confidentiality and disclosure of certain records and information relating to an insurer apply to such records and information relating to a captive insurer incorporated pursuant to this chapter.

3. An agency captive insurer, a rental captive insurer and an association captive insurer are subject to those provisions of chapter 686A of NRS which are applicable to insurers.

4. A state-chartered risk retention group is subject to the following: (a) The provisions of NRS 681A.250 to 681A.580 , inclusive, regarding intermediaries; (b) The provisions of NRS 681B.550 regarding risk-based capital; (c) The provisions of chapter 683A of NRS regarding managing general agents; (d) The provisions of chapter 686A of NRS which are applicable to insurers; and (e) The provisions of NRS 693A.110 and any regulations adopted pursuant thereto regarding management and agency contracts of insurers.
Nev. Rev. Stat. § 683A.331 — NV Code / Title 57 / Chapter 683A / Section 683A.331
Termination of appointment, employment or other relationship of producer to insurer; civil immunity for provision of certain information regarding termination
Status: in_force

1. An insurer or its authorized representative who terminates the appointment, employment or other relationship of a producer of insurance to the insurer for any reason shall notify the Commissioner within 30 days after the effective date of the termination, in a form prescribed by the Commissioner. The insurer shall provide additional information or documents if so requested in writing by the Commissioner.

2. If the reason for termination is an activity described in NRS 683A.451 as a cause for disciplinary action or the insurer knows that the producer has been found to have engaged in such an activity by a court, governmental agency or self-regulatory organization authorized by law, the insurer or its authorized representative shall notify the Commissioner, in a form acceptable to the Commissioner, if upon further review or investigation the insurer discovers additional information that would have been reportable originally to the Commissioner if the insurer had then known it.

3. Within 15 days after notifying the Commissioner under subsection 1 or 2, the insurer shall mail a copy of the notification to the producer of insurance at his or her last known address. If the termination was for an activity described in subsection 2, the copy must be sent by certified mail, return receipt requested, or by overnight delivery using a nationally recognized carrier.

4. Within 30 days after the producer has received the original or additional notification, the producer may file written comments concerning the substance of the notification with the Commissioner. The producer shall send a copy of the comments, by the same means and at the same time, to the reporting insurer. The comments become a part of the Commissioner's file and must accompany every copy of the underlying report that is distributed or disclosed by the Commissioner.

5. In the absence of actual malice, an insurer, its authorized representative, a producer of insurance, the Commissioner, and any organization of which the Commissioner is a member which compiles information and makes it available to other commissioners of insurance or to regulatory or law enforcement agencies are not subject to civil liability, and no cause of action arises against any of them or their respective agents or employees, as a result of any statement or information required by or provided pursuant to this section or any statement by a terminating insurer or a producer to another insurer or producer limited to whether a termination for a cause described in subsection 2 was reported to the Commissioner, if in the latter case the propriety of termination for that cause is certified in writing by an officer or authorized representative of the insurer or by the producer.

6. In an action brought against a person who may have immunity under subsection 5 for making a statement or providing information required by this section or requested by the Commissioner under this section, the plaintiff must plead specifically that subsection 5 does not apply because the person making the statement or providing the information did so with actual malice.

7. Subsections 5 and 6 do not abrogate or modify any other privilege or immunity under statute or the common law.
Nev. Rev. Stat. § 692A.080 — NV Code / Title 57 / Chapter 692A / Section 692A.080
“Revised Statutes Title plant company” defined
Status: in_force

“ Title plant company ” means a person engaged in the business of preparing title searches, title examinations and certificates or abstracts of title which are the basis of the issuance of title policies by a title insurer.
Nev. Rev. Stat. § 692A.035 — NV Code / Title 57 / Chapter 692A / Section 692A.035
“Policy of title insurance” and “title policy” defined
Status: in_force

“ Policy of title insurance ” or “ title policy ” means a written instrument or contract by which title insurance liability is assumed. The term does not include an abstract of title, binder, commitment to insure or preliminary report of title.
Nev. Rev. Stat. § 684A.025 — NV Code / Title 57 / Chapter 684A / Section 684A.025
“Catastrophe” defined
Status: in_force

“ Catastrophe ” means an event that:

1. Results in large numbers of deaths or injuries, causes extensive damage or destruction of facilities that provide and sustain human needs, produces an overwhelming demand on state and local response resources and mechanisms, causes a severe, long-term effect on general economic activity or severely affects state, local and private sector capabilities to begin and sustain response activities; and

2. Is declared by the Governor.
Nev. Rev. Stat. § 681B.105 — NV Code / Title 57 / Chapter 681B / Section 681B.105
Valuation of bonds
Status: in_force

1. Except as otherwise provided in subsection 5, all bonds or other evidences of debt having a fixed term and rate of interest held by an insurer may, if amply secured and not in default as to principal or interest, be valued as follows: (a) If purchased at par, at the par value. (b) If purchased above or below par, on the basis of the purchase price adjusted so as to bring the value to par at maturity and so as to yield in the meantime the effective rate of interest at which the purchase was made or, in lieu of that method, according to an accepted method of valuation that is approved by the Commissioner.

2. The purchase price must not be taken at a higher figure than the actual market value at the time of purchase, plus actual brokerage, transfer, postage or express charges paid in the acquisition of such securities.

3. Unless otherwise provided by a valuation established or approved by the Commissioner, the security must not be carried at above the call price for the entire issue during any period within which the security may be so called.

4. The Commissioner has full discretion in determining the method of calculating values pursuant to this section.

5. A valuation determined pursuant to this section must not be inconsistent with any applicable valuation or method then currently formulated or approved by the NAIC.
Nev. Rev. Stat. § 685A.180 — NV Code / Title 57 / Chapter 685A / Section 685A.180
Tax on surplus lines
Status: in_force

1. On or before the date described in subsection 2 of NRS 685A.175 for each quarter, each broker shall pay as directed by the Commissioner a tax on surplus lines coverages for which this State is the insured's home state written by the broker in unauthorized insurers during the preceding calendar quarter at the same rate of tax as imposed by law on the premiums of similar coverages written by authorized insurers, in addition to any fees imposed pursuant to NRS 685A.075 .

2. On or before the date described in subsection 2 of NRS 685A.175 for each quarter, each insured for which this State is the home state shall pay as directed by the Commissioner a tax on independently procured insurance written for the insured by an unauthorized insurer during the preceding calendar quarter at the same rate of tax as imposed by law on the premiums of similar coverages written by authorized insurers, in addition to any fees imposed pursuant to NRS 685A.075 .

3. For the purposes of this section, the “ premium ” on surplus lines coverages includes: (a) The gross amount charged by the insurer for the insurance, less any return premium; (b) Any fee allowed by NRS 685A.155 ; (c) Any policy fee; (d) Any membership fee; (e) Any inspection fee; and (f) Any other fees or assessments charged by the insurer as consideration for the insurance. Premium does not include any additional amount charged for state or federal tax, or for executing or completing affidavits or reports of coverage.

4. All taxes collected as directed by the Commissioner pursuant to this section must be promptly deposited with the State Treasurer to the credit of the State General Fund.

5. A broker who receives a credit for tax paid shall refund to each insured the amount of the credit attributable to the insured when the insurer pays a return premium or within 30 days, whichever is earlier.
Nev. Rev. Stat. § 688D.060 — NV Code / Title 57 / Chapter 688D / Section 688D.060
“Retained asset account” defined
Status: in_force

“ Retained asset account ” means any account or other mechanism by which the settlement of any proceeds payable under a policy of life insurance is accomplished by the insurer or a person acting on behalf of the insurer by depositing the proceeds into an account with draft or check writing privileges, where the proceeds are retained by the insurer, pursuant to a supplementary contract not involving annuity benefits.
Nev. Rev. Stat. § 686B.370 — NV Code / Title 57 / Chapter 686B / Section 686B.370
Conversion into domestic mutual insurer or domestic reciprocal insurer: Issuance of certificate of authority
Status: in_force

Upon determining that an association has complied with NRS 686B.330 to 686B.370 , inclusive, and all other requirements applicable to domestic mutual insurers, if the association is qualifying as a domestic mutual insurer, or to domestic reciprocal insurers, if the association is qualifying as a domestic reciprocal insurer, the Commissioner may issue to the association a certificate of authority to transact business as a domestic mutual insurer or a domestic reciprocal insurer.
Nev. Rev. Stat. § 690C.325 — NV Code / Title 57 / Chapter 690C / Section 690C.325
Suspension, limitation, revocation or refusal to renew certificate of registration: Grounds; administrative fine; immediate suspension
Status: in_force

1. The Commissioner may refuse to renew or may suspend, limit or revoke a provider's certificate of registration if the Commissioner finds after a hearing thereon, or upon waiver of hearing by the provider, that the provider has: (a) Violated or failed to comply with any lawful order of the Commissioner; (b) Conducted business in an unsuitable manner; (c) Willfully violated or willfully failed to comply with any lawful regulation of the Commissioner; or (d) Violated any provision of this chapter. In lieu of such a suspension or revocation, the Commissioner may levy upon the provider, and the provider shall pay forthwith, an administrative fine of not more than $1,000 for each act or violation.

2. The Commissioner shall suspend or revoke a provider's certificate of registration on any of the following grounds if the Commissioner finds after a hearing thereon that the provider: (a) Is in unsound condition, is being fraudulently conducted, or is in such a condition or is using such methods and practices in the conduct of its business as to render its further transaction of service contracts in this State currently or prospectively injurious to service contract holders or to the public. (b) Refuses to be examined, or its directors, officers, employees or representatives refuse to submit to examination relative to its affairs, or to produce its books, papers, records, contracts, correspondence or other documents for examination by the Commissioner when required, or refuse to perform any legal obligation relative to the examination. (c) Has failed to pay any final judgment rendered against it in this State upon any policy, bond, recognizance or undertaking as issued or guaranteed by it, within 30 days after the judgment became final or within 30 days after dismissal of an appeal before final determination, whichever date is the later.

3. The Commissioner may, without advance notice or a hearing thereon, immediately suspend the certificate of registration of any provider that has filed for bankruptcy or otherwise been deemed insolvent.
Nev. Rev. Stat. § 686A.140 — NV Code / Title 57 / Chapter 686A / Section 686A.140
Violations concerning rebates and inducements: Penalties; effect
Status: in_force

1. Any person violating the provisions of NRS 686A.110 or 686A.130 is guilty of a misdemeanor.

2. No agent or broker violating any of such provisions shall be entitled to receive any commission for the sale of any policy on which any rebate or inducement prohibited by NRS 686A.110 or 686A.130 has been given or offered, and the full amount of any commission so paid may be recovered by the insurer so paying.

3. The amount of any insurance upon which the insured has knowingly received or accepted, either directly or indirectly, any unlawful rebate of the premium or agent's, solicitor's or broker's commission shall be reduced in such proportion as the amount or value of such rebate, commission or other consideration so received by the insured bears to the total premium on such policy.

4. A title insurer or underwritten title company shall be liable to the State of Nevada for five times the amount of any unlawful commission or rebate paid in violation of NRS 686A.130 , which amount may be recovered by the Commissioner in addition to any other penalty imposed by law.
Nev. Rev. Stat. § 689C.1975 — NV Code / Title 57 / Chapter 689C / Section 689C.1975
Carrier prohibited from discriminating against person with respect to participation or coverage on basis of gender identity or expression
Status: in_force

A carrier that issues a health benefit plan shall not discriminate against any person with respect to participation or coverage under the plan on the basis of actual or perceived gender identity or expression. Prohibited discrimination includes, without limitation:

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

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

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

4. Denying, cancelling or limiting participation or coverage on the basis of actual or perceived gender identity or expression, including, without limitation, by limiting or denying coverage for health care services that are: (a) Related to gender transition, provided that there is coverage under the plan for the services when the services are not related to gender transition; or (b) Ordinarily or exclusively available to persons of any sex.
Nev. Rev. Stat. § 688C.268 — NV Code / Title 57 / Chapter 688C / Section 688C.268
Disclosure required to issuer of policy by broker or provider of viatical settlements who is party to plan or transaction related to policy before or during certain period after issuance of policy
Status: in_force

If a broker or provider of viatical settlements is a party to a plan, a transaction or a series of transactions to originate, renew or continue a policy of life insurance for the purpose of engaging in the business of viatical settlements before or during the first 5 years after the issuance of the policy, the broker or provider shall fully disclose the plan, transaction or transactions to the issuer of the policy.
Nev. Rev. Stat. § 689A.417 — NV Code / Title 57 / Chapter 689A / Section 689A.417
Insurer prohibited from requiring or using information concerning genetic testing; exceptions
Status: in_force

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

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

3. As used in this section: (a) “ Genetic information ” means any information that is obtained from a genetic test. (b) “ Genetic test ” means a test, including a laboratory test that uses deoxyribonucleic acid extracted from the cells of a person or a diagnostic test, to determine the presence of abnormalities or deficiencies, including carrier status, that: (1) Are linked to physical or mental disorders or impairments; or (2) Indicate a susceptibility to illness, disease, impairment or any other disorder, whether physical or mental.
Nev. Rev. Stat. § 695D.020 — NV Code / Title 57 / Chapter 695D / Section 695D.020
“Commissioner” defined
Status: in_force

“Commissioner” means the Commissioner of Insurance.
Nev. Rev. Stat. § 686C.070 — NV Code / Title 57 / Chapter 686C / Section 686C.070
“Contractual obligation” defined
Status: in_force

“ Contractual obligation ” means any obligation under a policy or contract or a certificate under a group policy or contract, or portion thereof, for which coverage is provided under NRS 686C.030 .
Nev. Rev. Stat. § 692C.0765 — NV Code / Title 57 / Chapter 692C / Section 692C.0765
“NAIC Liquidity Stress Test Framework” defined
Status: in_force

“ NAIC Liquidity Stress Test Framework ” means a separate NAIC publication which includes a history of the NAIC's development of regulatory liquidity stress testing, the scope criteria applicable for a specific data year and the liquidity stress test instructions and reporting templates for a specific data year, with the scope criteria, instructions and reporting template being as adopted by the NAIC and as amended by the NAIC from time to time in accordance with the procedures adopted by the NAIC.
Nev. Rev. Stat. § 695D.200 — NV Code / Title 57 / Chapter 695D / Section 695D.200
Policy: Review by prospective members at meeting; provision of copy to members; approval by Commissioner; form and contents; notice of change
Status: in_force

1. An organization for dental care shall: (a) Hold a meeting for all prospective members to review fully the policy being offered and describe the coverage under the plan for dental care before any contract is executed between the parties. (b) Provide to each member a copy of the policy describing his or her coverage under the plan for dental care.

2. The Commissioner must approve every policy and amendment to it before they are distributed to the members or any other person. If the Commissioner does not disapprove the policy within 30 days after it is filed with the Commissioner, it shall be deemed to be approved. If the Commissioner disapproves a policy, the Commissioner shall notify the organization of the reasons for disapproval. The Commissioner shall grant a hearing on any disapproval of a policy or amendment within 15 days after the organization requests, in writing, a hearing on the matter.

3. A policy must contain a clear and complete statement of the contract between the parties or a summary of the contract which describes: (a) The dental care and other benefits to which the member is entitled; (b) Any limitations on the care to be provided, including any deductibles or copayments to be paid by a member; (c) Where information is available and how dental care may be obtained; and (d) The member's obligations for payment under the plan for dental care.

4. The organization must give notice to the Commissioner and every member 30 days before any change is made in the member's policy.
Nev. Rev. Stat. § 689A.010 — NV Code / Title 57 / Chapter 689A / Section 689A.010
Short title
Status: in_force

This chapter may be cited as the Uniform Health Policy Provision Law.
Nev. Rev. Stat. § 691C.330 — NV Code / Title 57 / Chapter 691C / Section 691C.330
Adoption of forms by regulation; election of use of forms by insurer
Status: in_force

1. The Commissioner may adopt by regulation forms for use in the issuance of credit personal property insurance, including applications, policies, forms for claims and any other forms required for the sale, issuance and administration of credit personal property insurance. An insurer may elect to use those forms in lieu of any other forms.

2. If an officer of the insurer submits, in the manner prescribed by the Commissioner, a written certification to the Commissioner that the forms used by the insurer are identical to those adopted by the Commissioner, the insurer is not required to file those forms with the Commissioner for approval pursuant to NRS 691C.320 .
Nev. Rev. Stat. § 692A.117 — NV Code / Title 57 / Chapter 692A / Section 692A.117
Confidential records
Status: in_force

1. The Commissioner shall classify as confidential the financial statements of a title agent, escrow officer and title insurer and those records and information obtained by the Division which: (a) Are obtained from a governmental agency upon the express condition that they remain confidential. (b) Consist of information compiled by the Division in the investigation of possible violations of this chapter. This paragraph does not limit examination by the Legislative Auditor or any other person pursuant to a court order.

2. Except as otherwise provided in NRS 239.0115 , the contents of the file for an escrow are confidential and, subject to the rights to discover the contents by subpoena or other lawful process, must not be disclosed without the express written consent of one party of the escrow other than the holder of the escrow.
Nev. Rev. Stat. § 690D.095 — NV Code / Title 57 / Chapter 690D / Section 690D.095
Applicability of chapter and title 57 of NRS; certificate of authority not required to issue, sell, offer for sale or administer waiver
Status: in_force

1. Except as otherwise provided in this chapter, the marketing, issuance, sale, offering for sale, making, proposing to make and administration of guaranteed asset protection waivers are not subject to the provisions of title 57 of NRS, except, when applicable, the provisions of NRS 679B.020 to 679B.125 , inclusive, 679B.130 , 679B.136 , 679B.140 , 679B.159 to 679B.180 , inclusive, 679B.187 to 679B.220 , inclusive, and 679B.310 to 679B.370 , inclusive.

2. A creditor, an administrator or any other person is not required to obtain a certificate of authority from the Commissioner pursuant to chapter 680A of NRS to issue, sell, offer for sale or administer guaranteed asset protection waivers.

3. The provisions of this chapter do not apply to a debt cancellation contract or debt suspension agreement offered in accordance with 12 C.F.R. Part 37 or 721 or to a policy of insurance.
Nev. Rev. Stat. § 695C.163 — NV Code / Title 57 / Chapter 695C / Section 695C.163
Effect of eligibility for medical assistance under Medicaid; assignment of rights to state agency
Status: in_force

1. A health maintenance organization shall not, when considering eligibility for coverage or making payments under a health care plan, consider the availability of, or eligibility of a person for, medical assistance under Medicaid.

2. To the extent that payment has been made by Medicaid for health care, a health maintenance organization: (a) Shall treat Medicaid as having a valid and enforceable assignment of benefits due an enrollee or claimant under the enrollee regardless of any exclusion of Medicaid or the absence of a written assignment; and (b) May, as otherwise allowed by its plan, 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 enrollee.

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 health care plan, the organization responsible for the health care plan shall not impose any requirements upon the state agency except requirements it imposes upon the agents or assignees of other persons covered by the same plan.

4. If a state agency is assigned any rights of an enrollee who is eligible for medical assistance under Medicaid, a health maintenance organization shall: (a) Upon request of the state agency, provide to the state agency information regarding the enrollee to determine: (1) Any period during which the enrollee, the spouse or a dependent of the enrollee may be or may have been covered by the health care plan; and (2) The nature of the coverage that is or was provided by the organization, including, without limitation, the name and address of the enrollee and the identifying number of the health care plan; (b) Respond to any inquiry by the state agency regarding a claim for payment for the provision of any medical item or service not later than 3 years after the date of the provision of the medical item or service; and (c) Agree not to deny a claim submitted by the state agency solely on the basis of the date of submission of the claim, the type or format of the claim form or failure to present proper documentation at the point of sale that is the basis for the claim if: (1) The claim is submitted by the state agency not later than 3 years after the date of the provision of the medical item or service; and (2) Any action by the state agency to enforce its rights with respect to such claim is commenced not later than 6 years after the submission of the claim.
Nev. Rev. Stat. § 686B.100 — NV Code / Title 57 / Chapter 686B / Section 686B.100
Filing of supporting data
Status: in_force

1. By rule, the Commissioner may require the filing of supporting data as to any or all kinds or lines of insurance or subdivisions thereof or classes of risks or combinations thereof as the Commissioner deems necessary for the proper functioning of the process for monitoring and regulating rates. The supporting data must include: (a) The experience and judgment of the filer, and, to the extent it wishes or the Commissioner requires, of other insurers or rate service organizations; (b) Its interpretation of any statistical data relied upon; (c) Descriptions of the actuarial and statistical methods employed in setting the rates; and (d) Any other relevant matters required by the Commissioner.

2. Whenever a filing of a proposed increase in a rate is not accompanied by such information as the Commissioner has required under subsection 1, the Commissioner may so inform the insurer and the filing shall be deemed to be made when the information is furnished.
Nev. Rev. Stat. § 686C.300 — NV Code / Title 57 / Chapter 686C / Section 686C.300
Additional powers and duties of Commissioner; suspension or revocation of certificate of authority or levy of forfeiture; appeals to Commissioner; judicial review; notification of effect of chapter
Status: in_force

1. In addition to the duties and powers otherwise provided in this chapter, the Commissioner: (a) Shall, upon request of the Board of Directors, provide the Association with a statement of the premiums in this and any other appropriate states for each member insurer. (b) Shall, when an impairment is declared and the amount of the impairment is determined, serve a demand upon the impaired insurer to make good the impairment within a reasonable time. Notice to the insurer is notice to its stockholders, if any. The failure of the insurer to comply with such demand promptly does not excuse the Association from the performance of its powers and duties under this chapter. (c) Must, in any liquidation or rehabilitation involving a domestic member insurer, be appointed as the liquidator or rehabilitator.

2. The Commissioner may suspend or revoke, after notice and hearing, the certificate of authority to transact insurance or operate a health maintenance organization in this state, as applicable, of any member insurer which fails to pay an assessment when due or fails to comply with the plan of operation. As an alternative, the Commissioner may levy a forfeiture on any member insurer which fails to pay an assessment when due. The forfeiture may not exceed 5 percent of the unpaid assessment per month, but no forfeiture may be less than $100 per month.

3. A final action of the Board of Directors or the Association may be appealed to the Commissioner by any member insurer if the appeal is taken within 60 days after the insurer receives notice of the final action. A final action or order of the Commissioner is subject to judicial review in a court of competent jurisdiction pursuant to the procedure provided in chapter 233B of NRS for contested cases.

4. The liquidator, rehabilitator or conservator of any impaired insurer may notify all interested persons of the effect of this chapter.
Nev. Rev. Stat. § 696A.350 — NV Code / Title 57 / Chapter 696A / Section 696A.350
Penalties
Status: in_force

1. Any person violating the provisions of NRS 696A.080 to 696A.110 , inclusive, is guilty of a gross misdemeanor.

2. Any person violating any other provisions of NRS 696A.010 to 696A.340 , inclusive, other than NRS 696A.080 to 696A.110 , inclusive, is guilty of a misdemeanor.
Nev. Rev. Stat. § 683A.377 — NV Code / Title 57 / Chapter 683A / Section 683A.377
Applicability
Status: in_force

The provisions of NRS 683A.375 to 683A.379 , inclusive, do not apply to:

1. An authorized insurer;

2. A fraternal benefit society that is certified pursuant to chapter 695A of NRS ;

3. A nonprofit corporation for hospital, medical or dental services that is certified pursuant to chapter 695B of NRS ;

4. A health maintenance organization that is certified pursuant to chapter 695C of NRS ; or

5. An organization for dental care that is certified pursuant to chapter 695D of NRS ,

which performs its own utilization review. This section does not limit the applicability of NRS 683A.375 to 683A.379 , inclusive, to affiliates and subsidiaries of such entities or to contracts between such entities and independent agents who perform utilization review.
Nev. Rev. Stat. § 688A.100 — NV Code / Title 57 / Chapter 688A / Section 688A.100
Dividends
Status: in_force

1. There shall be a provision in participating policies that, beginning not later than the end of the third policy year, the insurer shall annually ascertain and apportion the divisible surplus, if any, that will accrue on the policy anniversary or other dividend date specified in the policy, provided the policy is in force and all premiums to that date are paid. Except as hereinafter provided, any dividend becoming payable shall at the option of the party entitled to elect such option be either: (a) Payable in cash; or (b) Applied to any one of such other dividend options as may be provided by the policy. If any such other dividend options are provided, the policy shall further state which option shall be automatically effective if such party has not elected some other option. If the policy specifies a period within which such other dividend option may be elected, such period shall be not less than 30 days following the date on which such dividend is due and payable. The annually apportioned dividend shall be deemed to be payable in cash within the meaning of paragraph (a), even though the policy provides that payment of such dividend is to be deferred for a specified period, provided such period does not exceed 6 years from the date of apportionment and that interest will be added to such dividend at a specified rate.

2. Renewable term policies of 10 years or less may provide that the surplus accrued to such policies shall be determined and apportioned each year after the second policy year, and accumulated during each renewal period, and that at the end of the renewal period, on renewal of the policy by the insured, the insurer shall apply the accumulated surplus as an annuity for the next succeeding renewal term in the reduction of premiums.

3. In participating industrial life insurance policies, in lieu of the provision required in subsection 1, there shall be a provision that, beginning not later than the end of the fifth policy year, the policy shall participate annually in the divisible surplus, if any, in the manner set forth in the policy.

4. This section does not apply to insurance issued under nonforfeiture provisions of lapsed or surrendered policies.
Nev. Rev. Stat. § 683A.165 — NV Code / Title 57 / Chapter 683A / Section 683A.165
Authority of Commissioner to require surety bond for license
Status: in_force

Before the issuance of a license as a managing general agent, the Commissioner may require the applicant to file with the Commissioner, and thereafter maintain in force while so licensed, a surety bond which complies with NRS 679B.175 in an amount determined by the Commissioner.