Nev. Rev. Stat. § 697.300 — NV Code / Title 57 / Chapter 697 / Section 697.300
Bail transaction: Collections and charges authorized
Status: in_force

1. A bail agent shall not, in any bail transaction or in connection therewith, directly or indirectly, charge or collect money or other valuable consideration from any person except for the following purposes: (a) To pay the premium at the rates established by the insurer, in accordance with chapter 686B of NRS , or to pay the charges for the bail bond filed in connection with the transaction at the rates filed in accordance with the provisions of this Code. The rates must be 15 percent of the amount of the bond or $50, whichever is greater. (b) To provide collateral. (c) To reimburse himself or herself for actual expenses incurred in connection with the transaction. Such expenses are limited to: (1) Guard fees. (2) Notary public fees, recording fees, expenses incurred for necessary long distance telephone calls and charges for telegrams. (3) Travel expenses incurred more than 25 miles from the agent's principal place of business. Such expenses: (I) May be billed at the rate provided for state officers and employees generally; and (II) May not be charged in areas where bail agents advertise a local telephone number. (4) Expenses incurred to verify underwriting information. (5) Any other actual expenditure necessary to the transaction which is not usually and customarily incurred in connection with bail transactions. (d) To reimburse himself or herself, or have a right of action against the principal or any indemnitor, for actual expenses incurred in good faith, by reason of breach by the defendant of any of the terms of the written agreement under which and pursuant to which the undertaking of bail or bail bond was written. If there is no written agreement, or an incomplete writing, the surety may, at law, enforce its equitable rights against the principal and his or her indemnitors, in exoneration. Such reimbursement or right of action must not exceed the principal sum of the bond or undertaking, plus any reasonable expenses that may be verified by receipt in a total amount of not more than the principal sum of the bond or undertaking, incurred in good faith by the surety, its agents, licensees and employees by reason of the principal's breach.

2. This section does not prevent the full and unlimited right of a bail agent to execute undertaking of bail on behalf of a nonresident agent of the surety he or she represents. The licensed resident bail agent is entitled to a minimum countersignature fee of $5, with a maximum countersignature fee of $100, plus expenses incurred in accordance with paragraphs (c) and (d) of subsection 1. Such countersignature fees may be charged in addition to the premium of the undertaking.
Nev. Rev. Stat. § 688D.030 — NV Code / Title 57 / Chapter 688D / Section 688D.030
“Death Master File” defined
Status: in_force

“ Death Master File ” means the Death Master File from the Social Security Administration or any other database or service which is at least as comprehensive as the Death Master File from the Social Security Administration and which is acceptable to the Commissioner for determining that a person has reportedly died.
Nev. Rev. Stat. § 692A.210 — NV Code / Title 57 / Chapter 692A / Section 692A.210
Waiver of right to purchase owner's title insurance upon issuance of policy to mortgagee; form of notice and waiver
Status: in_force

1. A title insurer or title agent who issues a policy of mortgagee's title insurance upon a loan which is made simultaneously with the purchase of all or part of the real property which secures the loan, where no owner's title insurance has been ordered shall, before the disbursement of loan proceeds or the issuance of the mortgagee's title policy, inform the owner in writing that the title policy is to be issued, that the policy does not protect the owner, and that the owner may obtain title insurance for protection. If the owner elects not to purchase title insurance, the title insurer or title agent shall obtain from the owner a statement in writing that the notice has been received and that the owner waives the right to purchase title insurance. The statement, together with the waiver, if any, shall be retained by the title insurer or title agent for not less than 5 years after its receipt.

2. The form of the written notice and waiver shall be substantially as follows: NOTICE AND WAIVER RE: _________________________________________________________________________________________ (Address or Brief Property Description) Notice is hereby given, as required in NRS 692A.210 , that a mortgagee's title insurance policy is to be issued to your mortgage lender. The policy does not afford title insurance protection to you in the event of a defect or claim of defect in title to the real estate which you are acquiring. An owner's title insurance policy affording title insurance protection to you in the amount of your purchase price, or for the amount of your purchase price plus the cost of any improvements which you anticipate making, may be purchased by you. NRS 692A.210 requires that you sign the statement printed below if you do not wish to purchase an owner's title insurance policy. _________________________________________________ Name of Insurer Issuing Policy We have received the foregoing notice, and waive our right to purchase an owner's title insurance policy for our protection. _________________________________________________ Mortgagors
Nev. Rev. Stat. § 695D.190 — NV Code / Title 57 / Chapter 695D / Section 695D.190
Certain persons in organization for dental care in fiduciary relationship to members; dentist subject to disciplinary action for breaches of fiduciary or contractual obligations
Status: in_force

Any director, officer, partner or employee of an organization for dental care who receives, collects, disburses or invests money in connection with the activities of that organization is responsible for that money and has a fiduciary duty and relationship to the members of the organization. Any dentist who breaches this fiduciary duty or fails to satisfy his or her contractual obligation to the organization or the members thereof is subject to disciplinary action pursuant to NRS 631.350 .
Nev. Rev. Stat. § 694C.090 — NV Code / Title 57 / Chapter 694C / Section 694C.090
“Member organization” defined
Status: in_force

“ Member organization ” means any individual or corporation, limited-liability company, partnership, association or other form of business organization that belongs to an association.
Nev. Rev. Stat. § 682A.073 — NV Code / Title 57 / Chapter 682A / Section 682A.073
“Equivalent securities” defined
Status: in_force

“ Equivalent securities ” means any securities which meet the qualifications of NRS 682A.275 .
Nev. Rev. Stat. § 695A.195 — NV Code / Title 57 / Chapter 695A / Section 695A.195
Society prohibited from denying coverage solely because claim involves act that constitutes domestic violence or applicant or insured was victim of domestic violence
Status: in_force

A society shall not deny a claim, refuse to issue a benefit contract or cancel a benefit contract solely because the claim involves an act that constitutes domestic violence pursuant to NRS 33.018 , or because the person applying for or covered by the benefit contract was the victim of such an act of domestic violence, regardless of whether the insured or applicant contributed to any loss or injury.
Nev. Rev. Stat. § 682B.170 — NV Code / Title 57 / Chapter 682B / Section 682B.170
Withdrawal of approval
Status: in_force

The Commissioner may withdraw approval of any trust agreement or of any amendment thereof if the Commissioner finds upon hearing, after notice thereof to the insurer and the trustee, that the requisites for such approval, as provided in NRS 682B.130 to 682B.250 , inclusive, have been found by the Commissioner not to exist or no longer to exist.
Nev. Rev. Stat. § 689C.1672 — NV Code / Title 57 / Chapter 689C / Section 689C.1672
Coverage for certain tests and vaccines relating to human papillomavirus required; prohibited acts
Status: in_force

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

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

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

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

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

6. As used in this section: (a) “ Human papillomavirus vaccine ” means the Quadrivalent Human Papillomavirus Recombinant Vaccine or its successor which is approved by the Food and Drug Administration for the prevention of human papillomavirus infection and cervical cancer. (b) “ Medical management technique ” means a practice which is used to control the cost or utilization of health care services or prescription drug use. The term includes, without limitation, the use of step therapy, prior authorization or categorizing drugs and devices based on cost, type or method of administration. (c) “ Network plan ” means a health benefit plan offered by a carrier 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 carrier. The term does not include an arrangement for the financing of premiums. (d) “Provider of health care” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 686C.160 — NV Code / Title 57 / Chapter 686C / Section 686C.160
Imposition of restraints on insurers
Status: in_force

In carrying out its responsibilities under NRS 686C.152 , the Association may, subject to approval by a court of this state:

1. Impose permanent liens on policies and contracts in connection with any guarantee, assumption or reinsurance if the Association finds that the amounts which can be assessed under this chapter are less than the amounts needed to ensure full and prompt performance of the Association's duties or that the economic or financial conditions as they affect member insurers are sufficiently adverse that the imposition of such permanent liens is in the public interest.

2. Impose temporary moratoriums or liens on payments of cash values and policy loans or any right to withdraw money held in conjunction with policies or contracts, in addition to any contractual provisions for deferral of paying cash value or lending against the policy or contract. In addition, in the event of a temporary moratorium or charge imposed by the court in the insolvent or impaired insurer's state which has jurisdiction over the conservation, rehabilitation or liquidation of the insurer on such payment or lending, or on any other right to withdraw money held in conjunction with policies or contracts, the Association may defer such payment, lending or withdrawal for the period of the moratorium or charge, except for claims covered by the Association to be paid in accordance with a procedure for cases of hardship established by the liquidator or rehabilitator and approved by the court.
Nev. Rev. Stat. § 683A.041 — NV Code / Title 57 / Chapter 683A / Section 683A.041
“Home state” defined
Status: in_force

“ Home state ” means the District of Columbia or any state or territory of the United States or Canada in which a producer of insurance maintains his or her principal place of residence or principal place of business and is licensed to act as a producer of insurance.
Nev. Rev. Stat. § 687A.060 — NV Code / Title 57 / Chapter 687A / Section 687A.060
Obligations, rights, powers and duties of Association; actions involving Association
Status: in_force

1. The Association: (a) Except as otherwise provided in paragraph (b), is obligated to the extent of the covered claims existing before the determination of insolvency and arising within 30 days after the determination of insolvency, or before the expiration date of the policy if that date is less than 30 days after the determination, or before the insured replaces the policy or on request cancels the policy if the insured does so within 30 days after the determination. The obligation of the Association to pay a covered claim is limited to the payment of: (1) The entire amount of the claim, if the claim is for workers' compensation pursuant to the provisions of chapters 616A to 616D, inclusive, or chapter 617 of NRS ; (2) Not more than $10,000 for each policy if the claim is for the return of unearned premiums; or (3) The limit specified in a policy or $300,000, whichever is less, for each occurrence for any covered claim other than a covered claim specified in subparagraph (1) or (2). (b) Is not obligated to pay a claimant an amount in excess of the obligation of the insolvent insurer under the policy or coverage from which the claim arises. Any obligation of the Association to defend an insured on a covered claim ceases upon the Association's: (1) Payment, by settlement releasing the insured or on a judgment, of an amount equal to the lesser of the Association's covered claim obligation limit or the applicable policy limit; or (2) Tender of the amount described in subparagraph (1). If the Association determines that there may be more than one claimant having a covered claim or allowed claim against the Association, or against any associations similar to the Association in other states, under the policy or policies of any one insolvent insurer, the Association may establish a plan to allocate amounts payable by the Association in such a manner as the Association in its discretion deems equitable. (c) Shall be deemed the insurer to the extent of its obligations on the covered claims and to that extent has any rights, duties and obligations of the insolvent insurer as if the insurer had not become insolvent. The rights include, without limitation, the right to seek and obtain any recoverable salvage and to subrogate a covered claim, to the extent that the Association has paid its obligation under the claim. The Association shall not be deemed to be the insolvent insurer for any purpose relating to the issue of whether the Association is amenable to the personal jurisdiction of the courts of any state. (d) Shall assess member insurers amounts necessary to pay the obligations of the Association pursuant to paragraph (a) after an insolvency, the expenses of handling covered claims subsequent to an insolvency and other expenses authorized by this chapter. The assessment of each member insurer must be in the proportion that the net direct written premiums of the member insurer for the calendar year preceding the assessment bear to the net direct written premiums of all member insurers for the same calendar year. Each member insurer must be notified of the assessment not later than 30 days before it is due. No member insurer may be assessed in any year an amount greater than 2 percent of the net direct written premiums of that member insurer for the calendar year preceding the assessment. If the maximum assessment, together with the other assets of the Association, does not provide in any 1 year an amount sufficient to make all necessary payments, the money available may be prorated and the unpaid portion must be paid as soon as money becomes available. The Association may pay claims in any order, including the order in which the claims are received or in groups or categories. The Association may exempt or defer, in whole or in part, the assessment of any member insurer if the assessment would cause the financial statement of the member insurer to reflect amounts of capital or surplus less than the minimum amounts required for a certificate of authority by any jurisdiction in which the member insurer is authorized to transact insurance. During the period of deferment, no dividends may be paid to shareholders or policyholders. Deferred assessments must be paid when payment will not reduce capital or surplus below required minimums. Payments must be refunded to those companies receiving larger assessments because of deferment, or, in the discretion of the company, credited against future assessments. Each member insurer must be allowed a premium tax credit for any amounts paid pursuant to the provisions of this chapter at the rate of 20 percent per year for 5 successive years beginning with the calendar year following the calendar year in which the assessments are paid. (e) Shall investigate claims brought against the fund and adjust, compromise, settle and pay covered claims to the extent of the obligation of the Association and deny any other claims. The Association has the right to appoint and to direct legal counsel retained under liability insurance policies for the defense of covered claims. (f) Is not bound by a release, compromise, waiver, unfunded settlement or judgment executed or entered into within 12 months before an order of liquidation and has the right to assert all defenses available to the Association, including, without limitation, defenses applicable to determining and enforcing its statutory rights and obligations to an applicable claim. The Association is bound by a release, compromise, waiver, settlement or judgment executed or entered into more than 1 year before an order of liquidation if an applicable claim is a covered claim and such settlement or judgment was not a result of fraud, collusion, default or failure to defend. With regard to a covered claim arising from a judgment under a decision, verdict or finding based on the default of the insolvent insurer or the insurer's failure to defend, the Association, either on its own behalf or on behalf of an insured, may apply to have such judgment, order, decision, verdict or finding set aside by the same court or administrator that made such judgment, order, decision, verdict or finding and must be permitted to defend such claim on the merits. (g) Shall notify such persons as the Commissioner directs pursuant to paragraph (a) of subsection 2 of NRS 687A.080 . (h) Shall act on claims through its employees or through one or more member insurers or other persons designated as servicing facilities. Designation of a servicing facility is subject to the approval of the Commissioner, but the designation may be declined by a member insurer. (i) Shall reimburse each servicing facility for obligations of the Association paid by the facility and for expenses incurred by the facility while handling claims on behalf of the Association and pay the other expenses of the Association authorized by this chapter.

2. The Association may: (a) Appear in, defend and appeal any action on a claim brought against the Association. (b) Employ or retain persons necessary to handle claims and perform other duties of the Association. (c) Borrow money necessary to carry out the purposes of this chapter in accordance with the plan of operation. (d) Sue or be sued. Such power to sue includes, without limitation, the power and right to intervene as a party before any court in this State that has jurisdiction over an insolvent insurer. (e) Negotiate and become a party to contracts necessary to carry out the purposes of this chapter. (f) Establish procedures for requesting financial information from insureds and claimants on a confidential basis for the purposes of applying sections concerning the net worth of first-party and third-party claimants, subject to such information being shared with any other association similar to the Association and the liquidator for the insolvent insurer on the same confidential basis. If the insured or claimant refuses to provide the requested financial information and an auditor's certification of the same where requested and available, the Association may deem the net worth of the insured or claimant to be in excess of $10,000,000 or $25,000,000, as applicable, at the relevant time. (g) Bring an action against any third-party administrator, agent, attorney or other representative of the insolvent insurer to obtain custody and control of all files, records and electronic data related to an insolvent insurer that are appropriate or necessary for the Association, or a similar association in other states, to carry out its duties under this chapter. In such an action, the Association has the absolute right through emergency equitable relief to obtain custody and control of all such files, records and electronic data in the custody or control of such third-party administrator, agent, attorney or other representative of the insolvent insurer, regardless of where such files, records and electronic data may be physically located. In bringing such an action, the Association is not subject to any defense, possessory lien or other lien or other legal or equitable ground whatsoever for refusal to surrender such files, records and electronic data that might be asserted against the liquidator of the insolvent insurer. To the extent that litigation is required for the Association to obtain custody of the files, records and electronic data requested and such litigation results in the relinquishment of files, records and electronic data to the Association after refusal to provide the same in response to a written demand, the court shall award the Association its costs, expenses and reasonable attorney's fees incurred in bringing the action. The provisions of this paragraph have no effect on the rights and remedies the custodian of such files, records and electronic data may have against the insolvent insurer, so long as such rights and remedies do not conflict with the rights of the Association to custody and control of the files, records and electronic data. (h) Perform other acts necessary or proper to effectuate the purposes of this chapter. (i) Perform any administrative acts requested by the Commissioner in furtherance of the purposes of this title and, if the cost of the action is not paid for by the Association or its member insurers, the Nevada Industrial Insurance Act. (j) If, at the end of any calendar year, the Board of Directors of the Association finds that the assets of the Association exceed its liabilities as estimated by the Board of Directors for the coming year, refund to the member insurers in proportion to the contribution of each that amount by which the assets of the Association exceed the liabilities. (k) Subject to approval by the Commissioner, provide claims handling services to any run-off insurer if the Association's expenses related thereto are fully reimbursed. There is no liability on the part of, and no cause of action of any nature may arise against, any member insurer, the Association or its agents or employees, the Board of Directors of the Association or any person serving as a representative of any director for any action taken or any failure to act by them in the performance of their activities under this paragraph. As used in this paragraph, “ run-off insurer ” means a property and casualty insurer that has, as determined pursuant to NRS 681B.550 and regulations adopted pursuant thereto: (1) Total adjusted capital under risk-based capital requirements in an amount less than the authorized control level of risk-based capital as of the end of the preceding year and that has indicated that it will cease writing new insurance policies, either as part of its corrective action plan or pursuant to being placed under regulatory control; or (2) Total adjusted capital under risk-based capital requirements in an amount less than the mandatory control level of risk-based capital as of the end of the preceding year and that has not been placed into liquidation. (l) Assess each member insurer equally not more than $1,000 per year for administrative expenses not related to the insolvency of any insurer.

3. With regard to an action involving the Association: (a) Except for an action by a member insurer aggrieved by a final action or decision of the Association pursuant to paragraph (d) of subsection 1, an action relating to or arising out of this chapter against the Association must be brought in a district court of the State of Nevada. The courts of the State of Nevada have exclusive jurisdiction over all actions relating to or arising out of this chapter against the Association. (b) Exclusive venue in an action by or against the Association is in the courts of the State of Nevada. The Association may, at the option of the Association, waive such venue as to a specific action. (c) In any action contesting the applicability of paragraph (g) or (h) of subsection 2 of NRS 687A.033 in which the insured or claimant has declined to provide financial information under the procedure provided in the plan of operation submitted pursuant to NRS 687A.070 , the insured or claimant bears the burden of proof concerning its net worth at the relevant time. If the insured or claimant fails to prove that its net worth at the relevant time was less than the applicable amount, the court shall award the Association its full costs, expenses and reasonable attorney's fees in contesting the claim.
Nev. Rev. Stat. § 689.275 — NV Code / Title 57 / Chapter 689 / Section 689.275
Prepaid contracts: Content; entire agreement; rescission
Status: in_force

1. All forms for a prepaid contract offered or sold in this state must contain: (a) The names and addresses of the seller, buyer, beneficiary and trustee and of each performer; (b) A clear and unambiguous statement of the services and property to be supplied and by whom; (c) The purchase price of each item of supply or service and how payable; (d) The date and place of execution; (e) Other reasonable and appropriate provisions as prescribed by the Commissioner by regulation; (f) The full percentage of the sales commission to be retained by the seller; (g) The seller's or his or her agent's signature on the original contract and his or her identification by name and title on any duplicate copy of the contract given to the buyer; (h) A provision in 14-point type or larger, stating in substance that the buyer is permitted to return the contract within 10 days after its delivery to the buyer and to have the full purchase price or amount paid thereon refunded if the buyer is not satisfied with it for any reason; (i) In print on its face sheet, in 14-point type or larger, a notice stating, “This is not an insurance contract.”; and (j) A provision for the return of the net purchase price at any time before the services are performed by the seller.

2. The written contract, when signed, constitutes the entire agreement between the parties relative to its subject matter.

3. If the buyer, pursuant to the provision required by paragraph (h) of subsection 1, returns the contract to the seller at the branch or home office of the seller or to the agent through whom it was purchased, the contract is void from the beginning and the parties return to the same position they occupied before the contract was entered into.
Nev. Rev. Stat. § 688C.070 — NV Code / Title 57 / Chapter 688C / Section 688C.070
“Policy” defined
Status: in_force

“ Policy ” means an individual or group policy, group certificate, contract or arrangement of life insurance affecting the rights of a person, whether or not delivered or issued for delivery in this state.
Nev. Rev. Stat. § 693A.515 — NV Code / Title 57 / Chapter 693A / Section 693A.515
Unlawful acquisition of securities: Imposition of administrative penalty for violation
Status: in_force

A person who offers to acquire or acquires a security in violation of subsection 1 of NRS 693A.500 may be required by the Commissioner, after notice and hearing, to pay an administrative penalty of $100 for each day that the person remains in violation, except that the aggregate penalty pursuant to this section may not exceed $10,000.
Nev. Rev. Stat. § 686C.084 — NV Code / Title 57 / Chapter 686C / Section 686C.084
“Extra-contractual claim” defined
Status: in_force

“ Extra-contractual claim ” includes a claim relating to bad faith in the payment of claims and a claim for punitive or exemplary damages or for costs and attorney's fees.
Nev. Rev. Stat. § 692B.260 — NV Code / Title 57 / Chapter 692B / Section 692B.260
Subsequent financing: Solicitation permit required; penalty
Status: in_force

1. No person referred to in NRS 692B.040 (solicitation permit required), after receiving a certificate of authority, if an insurer, or after completing its original organization and financing, if other than an insurer, shall in this state solicit or receive funds in exchange for or grant options with respect to its securities until it has applied to the Commissioner for, and has been granted, a solicitation permit. This section is subject to the same exemptions as are provided by NRS 692B.060 (exemptions).

2. The Commissioner shall issue such a permit unless the Commissioner finds that: (a) The funds proposed to be secured are inadequate or excessive in amount for the purposes intended; (b) The proposed securities or the manner of their distribution would be unfair or inequitable to existing or proposed security holders or policyholders of the issuer; or (c) Other reasonable objections exist as to the proposed financing.

3. Any such permit granted by the Commissioner shall be for such duration, and shall contain such terms and be issued upon such conditions, as the Commissioner may reasonably require for the protection of existing or proposed investors. In the Commissioner's discretion escrow of funds, or a bond or deposit in lieu thereof, need not be required, and other terms and conditions of the permit may be substantially the same as or materially different from requirements made under this chapter as to solicitation permits for initial financing; but no such permit shall allow sales or promotion expense, for the sale of the securities in excess of the amount reasonably required therefor, and in no event to exceed 15 percent of the proceeds of such sales if and as such funds are actually received.

4. Every person who violates the provisions of subsection 1 is subject to the same penalties prescribed by NRS 692B.040 (solicitation permit required; penalty).
Nev. Rev. Stat. § 695A.150 — NV Code / Title 57 / Chapter 695A / Section 695A.150
Qualifications for and rights and privileges of membership
Status: in_force

1. Subject to the limitations set forth in subsections 2, 3 and 4, a society shall specify in its laws or rules for each class of membership: (a) The standards of eligibility and the process for admission to membership in that class; and (b) The rights and privileges of membership in that class, provided that only benefit members may have the right to vote on the management of the business of the society relating to insurance.

2. If benefits are provided on the lives of children, the minimum age for membership as an adult must be not less than 15 and not greater than 21 years of age.

3. A society may also admit social members, who have no voice or vote in the management of its affairs relating to insurance.

4. Membership rights in the society must not be assignable.
Nev. Rev. Stat. § 683C.105 — NV Code / Title 57 / Chapter 683C / Section 683C.105
Submission of location of business or change in location of business or residence; penalty
Status: in_force

A licensee shall inform the Commissioner of all locations from which business is conducted and of any change of business or residence address, in writing or by any other means acceptable to the Commissioner, within 30 days after the change. If a licensee changes his or her address without giving written notice and the Commissioner is unable to locate the licensee after making a diligent effort, the Commissioner may revoke the license without a hearing. The mailing of a letter by certified mail, return receipt requested, addressed to the licensee at the last mailing address appearing on the records of the Division, and the return of the letter undelivered, constitutes a diligent effort by the Commissioner.
Nev. Rev. Stat. § 695G.1715 — NV Code / Title 57 / Chapter 695G / Section 695G.1715
Required provision concerning coverage for drug or device for contraception and related health services; prohibited acts; exceptions
Status: in_force

1. Except as otherwise provided in subsection 8, a managed care organization that offers or issues a health care plan shall include in the plan coverage for: (a) Up to a 12-month supply, per prescription, of any type of drug for contraception or its therapeutic equivalent which is: (1) Lawfully prescribed or ordered; (2) Approved by the Food and Drug Administration; (3) Listed in subsection 11; and (4) Dispensed in accordance with NRS 639.28075 ; (b) Any type of device for contraception which is: (1) Lawfully prescribed or ordered; (2) Approved by the Food and Drug Administration; and (3) Listed in subsection 11; (c) Self-administered hormonal contraceptives dispenses by a pharmacist pursuant to NRS 639.28078 ; (d) Insertion of a device for contraception or removal of such a device if the device was inserted while the insured was covered by the same health care plan; (e) Education and counseling relating to the initiation of the use of contraception and any necessary follow-up after initiating such use; (f) Management of side effects relating to contraception; and (g) Voluntary sterilization for women.

2. A managed care organization shall provide coverage for any services listed in subsection 1 which are within the authorized scope of practice of a pharmacist when such services are provided by a pharmacist who is employed by or serves as an independent contractor of an in-network pharmacy and in accordance with the applicable provider network contract. Such coverage must be provided to the same extent as if the services were provided by another provider of health care, as applicable to the services being provided. The terms of the policy must not limit: (a) Coverage for services listed in subsection 1 and provided by such a pharmacist to a number of occasions less than the coverage for such services when provided by another provider of health care. (b) Reimbursement for services listed in subsection 1 and provided by such a pharmacist to an amount less than the amount reimbursed for similar services provided by a physician, physician assistant or advanced practice registered nurse.

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

4. If a covered therapeutic equivalent listed in subsection 1 is not available or a provider of health care deems a covered therapeutic equivalent to be medically inappropriate, an alternate therapeutic equivalent prescribed by a provider of health care must be covered by the managed care organization.

5. Except as otherwise provided in subsections 9, 10 and 12, a managed care organization that offers or issues a health care plan shall not: (a) Require an insured to pay a higher deductible, any copayment or coinsurance or require a longer waiting period or other condition to obtain any benefit included in the health care plan pursuant to subsection 1; (b) Refuse to issue a health care plan or cancel a health care plan solely because the person applying for or covered by the plan uses or may use any such benefits; (c) Offer or pay any type of material inducement or financial incentive to an insured to discourage the insured from obtaining any such benefits; (d) Penalize a provider of health care who provides any such benefits to an insured, including, without limitation, reducing the reimbursement of the provider of health care; (e) Offer or pay any type of material inducement, bonus or other financial incentive to a provider of health care to deny, reduce, withhold, limit or delay access to any such benefits to an insured; or (f) Impose any other restrictions or delays on the access of an insured to any such benefits.

6. Coverage pursuant to this section for the covered dependent of an insured must be the same as for the insured.

7. Except as otherwise provided in subsection 8, a health care plan subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 2024, has the legal effect of including the coverage required by this section, and any provision of the plan or the renewal which is in conflict with this section is void.

8. A managed care organization that offers or issues a health care plan and which is affiliated with a religious organization is not required to provide the coverage required by subsection 1 if the managed care organization objects on religious grounds. Such an organization shall, before the issuance of a health care plan and before the renewal of such a plan, provide to the prospective insured written notice of the coverage that the managed care organization refuses to provide pursuant to this subsection.

9. A managed care organization may require an insured to pay a higher deductible, copayment or coinsurance for a drug for contraception if the insured refuses to accept a therapeutic equivalent of the drug.

10. For each of the 18 methods of contraception listed in subsection 11 that have been approved by the Food and Drug Administration, a health care plan must include at least one drug or device for contraception within each method for which no deductible, copayment or coinsurance may be charged to the insured, but the managed care organization may charge a deductible, copayment or coinsurance for any other drug or device that provides the same method of contraception. If the managed care organization charges a copayment or coinsurance for a drug for contraception, the managed care organization may only require an enrollee to pay the copayment or coinsurance: (a) Once for the entire amount of the drug dispensed for the plan year; or (b) Once for each 1-month supply of the drug dispensed.

11. The following 18 methods of contraception must be covered pursuant to this section: (a) Voluntary sterilization for women; (b) Surgical sterilization implants for women; (c) Implantable rods; (d) Copper-based intrauterine devices; (e) Progesterone-based intrauterine devices; (f) Injections; (g) Combined estrogen- and progestin-based drugs; (h) Progestin-based drugs; (i) Extended- or continuous-regimen drugs; (j) Estrogen- and progestin-based patches; (k) Vaginal contraceptive rings; (l) Diaphragms with spermicide; (m) Sponges with spermicide; (n) Cervical caps with spermicide; (o) Female condoms; (p) Spermicide; (q) Combined estrogen- and progestin-based drugs for emergency contraception or progestin-based drugs for emergency contraception; and (r) Ulipristal acetate for emergency contraception.

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

13. A managed care organization shall not: (a) Use medical management techniques to require an insured to use a method of contraception other than the method prescribed or ordered by a provider of health care; (b) Require an insured to obtain prior authorization for the benefits described in paragraphs (a) and (c) of subsection 1; or (c) Refuse to cover a contraceptive injection or the insertion of a device described in paragraph (c), (d) or (e) of subsection 11 at a hospital immediately after an insured gives birth.

14. A managed care organization must provide an accessible, transparent and expedited process which is not unduly burdensome by which an insured, or the authorized representative of the insured, may request an exception relating to any medical management technique used by the managed care organization to obtain any benefit required by this section without a higher deductible, copayment or coinsurance.

15. As used in this section: (a) “ In-network pharmacy ” means a pharmacy that has entered into a contract with a managed care organization to provide services to insureds through a network plan offered or issued by the managed care organization. (b) “ Medical management technique ” means a practice which is used to control the cost or utilization of health care services or prescription drug use. The term includes, without limitation, the use of step therapy, prior authorization or categorizing drugs and devices based on cost, type or method of administration. (c) “ Network plan ” means a health care plan offered by a managed care organization under which the financing and delivery of medical care, including items and services paid for as medical care, are provided, in whole or in part, through a defined set of providers under contract with the managed care organization. The term does not include an arrangement for the financing of premiums. (d) “ Provider network contract ” means a contract between a managed care organization and a provider of health care or pharmacy specifying the rights and responsibilities of the managed care organization and the provider of health care or pharmacy, as applicable, for delivery of health care services pursuant to a network plan. (e) “ Provider of health care ” has the meaning ascribed to it in NRS 629.031 . (f) “ Therapeutic equivalent ” means a drug which: (1) Contains an identical amount of the same active ingredients in the same dosage and method of administration as another drug; (2) Is expected to have the same clinical effect when administered to a patient pursuant to a prescription or order as another drug; and (3) Meets any other criteria required by the Food and Drug Administration for classification as a therapeutic equivalent.
Nev. Rev. Stat. § 695G.173 — NV Code / Title 57 / Chapter 695G / Section 695G.173
Required provision concerning coverage for certain treatment received as part of clinical trial or study for treatment of cancer or chronic fatigue syndrome; authority of managed care organization to require certain information; immunity from liability
Status: in_force

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

2. Except as otherwise provided in subsection 3, the coverage for medical treatment required by this section is limited to: (a) Coverage for any drug or device that is approved for sale by the Food and Drug Administration without regard to whether the approved drug or device has been approved for use in the medical treatment of the insured. (b) The cost of any reasonably necessary health care services that are required as a result of the medical treatment provided in a Phase II, Phase III or Phase IV clinical trial or study or as a result of any complication arising out of the medical treatment provided in a Phase II, Phase III or Phase IV clinical trial or study, to the extent that such health care services would otherwise be covered under the health care plan. (c) The cost of any routine health care services that would otherwise be covered under the health care plan for an insured in a Phase I clinical trial or study. (d) The initial consultation to determine whether the insured is eligible to participate in the clinical trial or study. (e) Health care services required for the clinically appropriate monitoring of the insured during a Phase II, Phase III or Phase IV clinical trial or study. (f) Health care services which are required for the clinically appropriate monitoring of the insured during a Phase I clinical trial or study and which are not directly related to the clinical trial or study. Except as otherwise provided in NRS 695G.164 , the services provided pursuant to paragraphs (b), (c), (e) and (f) must be covered only if the services are provided by a provider with whom the managed care organization has contracted for such services. If the managed care organization has not contracted for the provision of such services, the managed care organization shall pay the provider the rate of reimbursement that is paid to other providers with whom the managed care organization has contracted for similar services and the provider shall accept that rate of reimbursement as payment in full.

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

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

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

6. A managed care organization that delivers or issues for delivery a health care plan specified in subsection 1 shall provide the coverage required by this section subject to the same deductible, copayment, coinsurance and other such conditions for coverage that are required under the plan.

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

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

9. As used in this section: (a) “ Cooperative group ” means a network of facilities that collaborate on research projects and has established a peer review program approved by the National Institutes of Health. The term includes: (1) The Clinical Trials Cooperative Group Program; and (2) The Community Clinical Oncology Program. (b) “ Facility authorized to conduct Phase I clinical trials or studies for the treatment of cancer ” means a facility or an affiliate of a facility that: (1) Has in place a Phase I program which permits only selective participation in the program and which uses clear-cut criteria to determine eligibility for participation in the program; (2) Operates a protocol review and monitoring system which conforms to the standards set forth in the “Policies and Guidelines Relating to the Cancer Center Support Grant” published by the Cancer Centers Branch of the National Cancer Institute; (3) Employs at least two researchers and at least one of those researchers receives funding from a federal grant; (4) Employs at least three clinical investigators who have experience working in Phase I clinical trials or studies conducted at a facility designated as a comprehensive cancer center by the National Cancer Institute; (5) Possesses specialized resources for use in Phase I clinical trials or studies, including, without limitation, equipment that facilitates research and analysis in proteomics, genomics and pharmacokinetics; (6) Is capable of gathering, maintaining and reporting electronic data; and (7) Is capable of responding to audits instituted by federal and state agencies. (c) “ Provider of health care ” means: (1) A hospital; or (2) A person licensed pursuant to chapter 630, 631 or 633 of NRS .
Nev. Rev. Stat. § 690C.240 — NV Code / Title 57 / Chapter 690C / Section 690C.240
Provider ceasing to do business: Notification; effect
Status: in_force

1. A provider shall, within 30 days after ceasing doing business in this State, notify the Commissioner and each holder of an unexpired service contract in writing of the fact that the provider has ceased doing business in this State.

2. The provisions of this section do not: (a) Render a service contract void pursuant to NRS 690C.250 ; (b) Cancel a service contract pursuant to NRS 690C.270 ; or (c) Release the provider from any liability imposed by a violation of any provision of this chapter.
Nev. Rev. Stat. § 686A.270 — NV Code / Title 57 / Chapter 686A / Section 686A.270
Knowledge of insurer of prohibited acts required for violation
Status: in_force

No insurer shall be held guilty of having committed any of the acts prohibited by NRS 686A.010 to 686A.310 , inclusive, by reason of the act of any agent, solicitor or employee not an officer, director or department head thereof, unless an officer, director or department head of the insurer has knowingly permitted such act or has had prior knowledge thereof.
Nev. Rev. Stat. § 692C.450 — NV Code / Title 57 / Chapter 692C / Section 692C.450
Sequestration of voting securities
Status: in_force

In any case where a person has acquired or is proposing to acquire any voting securities in violation of this chapter or any rule, regulation or order issued by the Commissioner hereunder, the First Judicial District Court in and for Carson City or the district court of the county in which the insurer has its principal place of business may, on such notice as the court deems appropriate, upon the application of the insurer or the Commissioner seize or sequester any voting securities of the insurer owned directly or indirectly by such person, and issue such orders with respect thereto as may be appropriate to effectuate the provisions of this chapter. Notwithstanding any other provisions of law, for the purposes of this chapter, the situs of the ownership of the securities of domestic insurers shall be deemed to be in this state.
Nev. Rev. Stat. § 689C.187 — NV Code / Title 57 / Chapter 689C / Section 689C.187
Manner and period for enrolling dependent of covered employee; period of special enrollment
Status: in_force

1. A health benefit plan and a carrier of such a plan that makes coverage available to the dependent of a covered employee shall permit the employee to enroll a dependent after the close of a period of open enrollment if: (a) The employee is a participant in the health benefit plan, or has met any waiting period applicable to becoming a participant and is eligible to be enrolled under the plan, except for a failure to enroll during a previous period of open enrollment; and (b) The person to be enrolled became a dependent of the employee through marriage, birth, adoption or placement for adoption.

2. The health benefit plan or carrier shall provide a period of special enrollment for the enrollment of a dependent of an employee pursuant to this section. Such a period must be not less than 30 days and must begin on: (a) The date specified by the health benefit plan or carrier for the period of special enrollment; or (b) The date of the marriage, birth, adoption or placement for adoption, as appropriate.

3. If an employee seeks to enroll a dependent during the first 30 days of the period for special enrollment provided pursuant to subsection 2, the coverage of the dependent becomes effective: (a) In the case of a marriage, not later than the first day of the first month beginning after the date on which the completed request for enrollment is received; (b) In the case of a birth, on the date of the birth; and (c) In the case of an adoption or placement for adoption, on the date of the adoption or the placement for adoption.

4. In the case of a birth, an adoption or a placement for adoption of a child of an employee, the spouse of the employee may be enrolled as a dependent pursuant to this section if the spouse is otherwise eligible for coverage under the health benefit plan.
Nev. Rev. Stat. § 695E.135 — NV Code / Title 57 / Chapter 695E / Section 695E.135
Extent of liability for payment of premium tax
Status: in_force

All premiums paid by a purchasing group or any member of the purchasing group for insurance on risks resident, located or to be performed in this state are subject to the payment of premium taxes and any related fines or penalties pursuant to chapters 680A, 680B and 685A of NRS. To the extent that premiums are paid by a purchasing group or any member of the purchasing group:

1. To an authorized insurer, the insurer shall pay the premium taxes and any related fines or penalties pursuant to chapters 680A and 680B of NRS;

2. To a surplus lines broker for insurance procured as surplus lines coverage, the surplus lines broker shall pay the premium taxes and any related fines or penalties pursuant to chapter 685A of NRS ; or

3. To an unauthorized insurer for insurance independently procured by the purchasing group or any member of the group, premium taxes and any related fines and penalties are payable first by the purchasing group, and if not paid by the purchasing group, then by each of its members, pursuant to NRS 680B.040 .
Nev. Rev. Stat. § 695E.060 — NV Code / Title 57 / Chapter 695E / Section 695E.060
“Liability” defined
Status: in_force

1. “Liability” means legal liability for damages, including costs of defense, legal costs and fees, and other expenses for claims, because of injuries to other persons, damage to their property, or other damage or loss to those persons resulting from or arising out of any: (a) Business, whether or not conducted for profit, or any trade, product, services, whether or not professional, or any premises or operations; or (b) Activity of any state or local government, or any agency or political subdivision thereof.

2. The term does not include personal risk liability and an employer's liability concerning its employees, other than legal liability under the Federal Employers' Liability Act. 1

1 45 U.S.C.A. § 51 et seq.
Nev. Rev. Stat. § 689C.169 — NV Code / Title 57 / Chapter 689C / Section 689C.169
Coverage for severe mental illness required under group health insurance policy
Status: in_force

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

2. As used in this section, “ severe mental illness ” means any of the following mental illnesses that are biologically based and for which diagnostic criteria are prescribed in the latest edition of the Diagnostic and Statistical Manual of Mental Disorders , published by the American Psychiatric Association: (a) Schizophrenia. (b) Schizoaffective disorder. (c) Bipolar disorder. (d) Major depressive disorders. (e) Panic disorder. (f) Obsessive-compulsive disorder.
Nev. Rev. Stat. § 683A.1826 — NV Code / Title 57 / Chapter 683A / Section 683A.1826
“Personal property” defined
Status: in_force

“Personal property” has the meaning ascribed to it in NRS 108.4743 .
Nev. Rev. Stat. § 688C.242 — NV Code / Title 57 / Chapter 688C / Section 688C.242
Viatical settlement investment agent: Representation of appointing or contracting provider of viatical settlements
Status: in_force

A viatical settlement investment agent is deemed to represent the provider of viatical settlements who appointed or contracted with the viatical settlement investment agent.
Nev. Rev. Stat. § 686A.370 — NV Code / Title 57 / Chapter 686A / Section 686A.370
True name and fictitious name of applicant or licensee; grounds for disapproval of name
Status: in_force

1. An unincorporated licensee or unincorporated applicant for a license who desires the issuance of a license under a fictitious name must file with the Commissioner a certified copy of the entry in the county clerk's register and of the certificate or any renewal certificate filed pursuant to chapter 602 of NRS . An incorporated licensee and incorporated applicant must file with the Commissioner in writing the corporation's true name and the fictitious names under which it conducts or intends to conduct business in this state. After licensing, each licensee shall file promptly with the Commissioner written notice of any change in or discontinuance of any fictitious name.

2. The Commissioner may in writing disapprove the use of any true name, other than the bona fide natural name of a natural person, or any fictitious name used or proposed to be used by 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; or (c) The name states or implies that the licensee or applicant is an insurer or is entitled to engage in insurance activities not authorized under the licenses which the licensee holds or for which the applicant has applied.
Nev. Rev. Stat. § 695C.055 — NV Code / Title 57 / Chapter 695C / Section 695C.055
Applicability of certain other provisions
Status: in_force

1. The provisions of NRS 449.465 , 679A.200 , 679B.700, subsections 7 and 8 of NRS 680A.270, subsections 2 , 4, 17, 18 and 30 of NRS 680B.010 , NRS 680B.020 to 680B.060 , inclusive, chapters 681B and 686A of NRS, NRS 686B.010 to 686B.175 , inclusive, 687B.122 to 687B.128 , inclusive, 687B.310 to 687B.420 , inclusive, and 687B.500 and chapters 692C and 695G of NRS apply to a health maintenance organization.

2. For the purposes of subsection 1, unless the context requires that a provision apply only to insurers, any reference in those sections to “insurer” must be replaced by “health maintenance organization.”
Nev. Rev. Stat. § 686A.330 — NV Code / Title 57 / Chapter 686A / Section 686A.330
Definitions
Status: in_force

As used in NRS 686A.330 to 686A.520 , inclusive, unless the context otherwise requires:

1. “Agreement” means a contract between a person and an insured or prospective insured under which the person agrees to pay a premium in advance on behalf of the insured or prospective insured in exchange for repayment of the amount advanced with interest or for some other consideration.

2. “Company” means a person engaged in the business of entering into agreements or purchasing agreements. The term does not include a person who finances a premium in connection with the sale of a motor vehicle upon which the person holds a lien.
Nev. Rev. Stat. § 689B.370 — NV Code / Title 57 / Chapter 689B / Section 689B.370
“Contribution” defined
Status: in_force

“ Contribution ” means the minimum employer contribution toward the premium for enrollment of participants and beneficiaries in a health benefit plan.
Nev. Rev. Stat. § 693A.400 — NV Code / Title 57 / Chapter 693A / Section 693A.400
Definitions
Status: in_force

As used in NRS 693A.400 to 693A.540 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 693A.405 to 693A.430 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 689B.280 — NV Code / Title 57 / Chapter 689B / Section 689B.280
Disclosure of information concerning medication of insured prohibited
Status: in_force

1. Except as otherwise provided in subsection 2, an insurer or any agent or employee of an insurer who delivers or issues for delivery a policy of group health or blanket health insurance in this State shall not disclose to the policyholder or any agent or employee of the policyholder: (a) The fact that an insured is taking a prescribed drug or medicine; or (b) The identity of that drug or medicine.

2. The provisions of subsection 1 do not prohibit disclosure to an administrator who acts as an intermediary for claims for insurance coverage.
Nev. Rev. Stat. § 688A.220 — NV Code / Title 57 / Chapter 688A / Section 688A.220
Annuities: Misstatement of age or sex
Status: in_force

In an annuity or pure endowment contract, other than a reversionary, survivorship or group annuity, there shall be a provision that if the age or sex of the person or persons upon whose life or lives the contract is made, or of any of them, has been misstated, the amount payable or benefits accruing under the contract shall be such as the stipulated payment or payments to the insurer would have purchased according to the correct age or sex and that if the insurer makes or has made any overpayment or overpayments on account of any such misstatement, the amount thereof, with interest at the rate to be specified in the contract but not exceeding 6 percent per annum, may be charged against the current or next succeeding payment or payments to be made by the insurer under the contract.
Nev. Rev. Stat. § 695G.310 — NV Code / Title 57 / Chapter 695G / Section 695G.310
Annual report; requirements
Status: in_force

On or before December 31 of each year, each health carrier shall file a written report with the Office for Consumer Health Assistance setting forth the total number of:

1. Requests for an external review of an adverse decision made by the health carrier which were granted by the Office for Consumer Health Assistance during the immediately preceding year; and

2. Adverse determinations of the health carrier that were: (a) Upheld during the immediately preceding year. (b) Reversed during the immediately preceding year.
Nev. Rev. Stat. § 689A.0404 — NV Code / Title 57 / Chapter 689A / Section 689A.0404
Coverage for use of certain drugs and related services for treatment of cancer required in certain policies
Status: in_force

Except as otherwise provided in NRS 689A.04033 :

1. No policy of health insurance that provides coverage for a drug approved by the Food and Drug Administration for use in the treatment of an illness, disease or other medical condition may be delivered or issued for delivery in this state unless the policy includes coverage for any other use of the drug for the treatment of cancer, if that use is: (a) Specified in the most recent edition of or supplement to: (1) The United States Pharmacopoeia Drug Information; or (2) The American Hospital Formulary Service Drug Information; or (b) Supported by at least two articles reporting the results of scientific studies that are published in scientific or medical journals, as defined in 21 C.F.R. § 99.3 .

2. The coverage required pursuant to this section: (a) Includes coverage for any medical services necessary to administer the drug to the insured. (b) Does not include coverage for any: (1) Experimental drug used for the treatment of cancer if that drug has not been approved by the Food and Drug Administration; or (2) Use of a drug that is contraindicated by the Food and Drug Administration.

3. A policy of health insurance subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after October 1, 1999, has the legal effect of including the coverage required by this section, and any provision of the policy that conflicts with the provisions of this section is void.
Nev. Rev. Stat. § 692A.011 — NV Code / Title 57 / Chapter 692A / Section 692A.011
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 692A.015 to 692A.080 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 689.065 — NV Code / Title 57 / Chapter 689 / Section 689.065
“Net purchase price” defined
Status: in_force

“ Net purchase price ” means the purchase price, including interest earned on the trust funds attributable to the buyer, remaining after deduction of the sales commission.
Nev. Rev. Stat. § 689.470 — NV Code / Title 57 / Chapter 689 / Section 689.470
“Performer” defined
Status: in_force

“ Performer ” means any person designated in the prepaid contract to furnish the burial merchandise and supplies and to perform the services covered by the contract, on the demise of the beneficiary.
Nev. Rev. Stat. § 696A.200 — NV Code / Title 57 / Chapter 696A / Section 696A.200
Approval of forms; revisions and modifications
Status: in_force

1. No motor club shall issue for delivery or deliver in this state any evidence of membership, or statement of services and benefits, or service contract until the form thereof has been filed with and approved in writing by the Commissioner. The Commissioner shall approve any such form found by the Commissioner to be in compliance with law and free of ambiguous, inequitable and misleading provisions.

2. Every motor club having met the requirements of subsection 1 shall thereafter file with the Commissioner every revision or modification of any document required in subsection 1. Such revision or modification shall be effective when filed and shall be deemed to meet the requirements of this chapter until disapproved by the Commissioner.
Nev. Rev. Stat. § 696B.440 — NV Code / Title 57 / Chapter 696B / Section 696B.440
Offsets
Status: in_force

1. Except as provided in subsection 2, in all cases of mutual debts or mutual credits between the insurer and another person in connection with any action or proceeding under this chapter, such credits and debts shall be setoff and the balance only shall be allowed or paid.

2. No offset shall be allowed in favor of any such person where: (a) The obligation of the insurer to such person would not at the date of the entry of any liquidation order or otherwise, as provided in NRS 696B.400 , entitle him or her to share as a claimant in the assets of the insurer; (b) The obligation of the insurer to such person was purchased by or transferred to such person with a view of its being used as an offset; or (c) The obligation of such person is to pay an assessment levied against the members of a mutual insurer, or against the subscribers of a reciprocal insurer, or is to pay a balance upon the subscription to the capital stock of a stock insurer.
Nev. Rev. Stat. § 686A.500 — NV Code / Title 57 / Chapter 686A / Section 686A.500
Disclosure of financial interest required; agent or broker who submits or performs services in connection with agreement prohibited from receiving compensation
Status: in_force

1. Any licensed resident or nonresident agent or broker who has any financial interest in a company, other than in submitting agreements through the company, shall disclose to the insured, in the manner prescribed by the Commissioner, his or her interest in the company.

2. A licensed resident or nonresident agent or broker who submits any agreement shall not accept any compensation for arranging, directing or performing services in connection with the agreement. A company shall not pay or offer to pay any compensation to a licensed resident or nonresident agent or broker who submits an agreement to the company.
Nev. Rev. Stat. § 682A.526 — NV Code / Title 57 / Chapter 682A / Section 682A.526
Restriction on mortgage or real estate holdings acquired or held as equity interests
Status: in_force

An insurer shall not acquire in accordance with the provisions of NRS 682A.522 to 682A.528 , inclusive, any investments that the insurer may acquire in accordance with the provisions of NRS 682A.540 to 682A.546 , inclusive.
Nev. Rev. Stat. § 695G.095 — NV Code / Title 57 / Chapter 695G / Section 695G.095
Offering policy of health insurance for purposes of establishing health savings account
Status: in_force

A managed care organization may, subject to regulation by the Commissioner, offer a policy of health insurance that has a high deductible and is in compliance with 26 U.S.C. § 223 for the purposes of establishing a health savings account.
Nev. Rev. Stat. § 689A.043 — NV Code / Title 57 / Chapter 689A / Section 689A.043
Policy covering family on expense-incurred basis required to include certain coverage for insured’s newly born and adopted children and children placed with insured for adoption
Status: in_force

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

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

3. The coverage for newly born and adopted children and children placed for adoption consists of coverage of injury or sickness, including the necessary care and treatment of medically diagnosed congenital defects and birth abnormalities and, within the limits of the policy, necessary transportation costs from place of birth to the nearest specialized treatment center under major medical policies, and with respect to basic policies to the extent such costs are charged by the treatment center.
Nev. Rev. Stat. § 680A.173 — NV Code / Title 57 / Chapter 680A / Section 680A.173
Transfer of insurer's domicile: Foreign insurer may become domestic insurer
Status: in_force

A foreign insurer with a certificate of authority to transact insurance in this state may become a domestic insurer by complying with the requirements of this Code for forming a domestic insurer of the same type. After complying with those requirements, the insurer has the same rights and obligations as other domestic insurers.
Nev. Rev. Stat. § 687B.664 — NV Code / Title 57 / Chapter 687B / Section 687B.664
“Third party” defined
Status: in_force

“ Third party ” means an organization that enters into a contract with a health carrier or with another third party to gain access to a provider network contract.
Nev. Rev. Stat. § 695D.227 — NV Code / Title 57 / Chapter 695D / Section 695D.227
Prohibitions related to setting of fees by plan or organization for dental care other than covered services to members
Status: in_force

1. No plan for dental care and no contract between an organization for dental care and a dentist may require, directly or indirectly, that the dentist provide dental care to a member at a fee set by or subject to the approval of the organization for dental care unless the dental care is a covered service.

2. An organization for dental care or any other person providing services as a third-party administrator shall not make available any dentists in its network of dentists to a plan for dental care that sets fees for any dental care except covered services.

3. As used in this section, “ covered service ” means dental care for which reimbursement is available under a member's policy, or for which reimbursement would be available but for the application of a contractual limitation, including, without limitation, any deductible, copayment, coinsurance, waiting period, annual or lifetime maximum, frequency limitation, alternative benefit payment or any other limitation.
Nev. Rev. Stat. § 679B.560 — NV Code / Title 57 / Chapter 679B / Section 679B.560
Insurer required to provide information to insured
Status: in_force

Each insurer shall provide to each insured in a written format that clearly stands out from any surrounding text:

1. The telephone number of the toll-free telephone service which is established pursuant to NRS 679B.550 ; and

2. The name of the Division and its hours of operation, including, but not limited to, the hours of operation of the toll-free telephone service.
Nev. Rev. Stat. § 684A.040 — NV Code / Title 57 / Chapter 684A / Section 684A.040
License required; penalties; exception to requirement for licensure for certain salaried employees of insurer
Status: in_force

1. Except as otherwise provided in NRS 684A.060 , no person may act as, or hold himself or herself out to be, an adjuster in this State unless then licensed as such under the applicable adjuster's license issued under the provisions of this chapter.

2. Any person violating the provisions of this section is guilty of a gross misdemeanor.

3. Except as otherwise provided in NRS 684A.060 , a person who acts as an adjuster in this State without a license is subject to an administrative fine of not more than $1,000 for each violation.

4. A salaried employee of an insurer who investigates, negotiates or settles workers' compensation claims may, but is not required to, obtain a license as a company adjuster pursuant to this chapter. The provisions of subsections 1, 2 and 3 do not apply to a salaried employee of an insurer.
Nev. Rev. Stat. § 679A.115 — NV Code / Title 57 / Chapter 679A / Section 679A.115
“Premium” defined
Status: in_force

“Premium” means the consideration for insurance, by whatever name called. The term includes any “assessment,” or any “membership,” “policy,” “survey,” “inspection,” “service” or similar fee or other charge assessed or collected by the insurer or an agent of the insurer in consideration for an insurance contract or its procurement.
Nev. Rev. Stat. § 692C.360 — NV Code / Title 57 / Chapter 692C / Section 692C.360
Transactions with affiliates; regulations
Status: in_force

1. Material transactions by registered insurers with their affiliates are subject to all of the following standards: (a) The terms must be fair and reasonable. (b) Charges or fees for services performed must be reasonable. (c) Expenses incurred and payment received must be allocated to the insurer in conformity with customary accounting practices concerning insurance consistently applied. (d) The books, accounts and records of each party must be so maintained as to disclose clearly and accurately the precise nature and details of the transactions and must include any accounting information required to support the reasonableness of any charges or fees. (e) The insurer's surplus as regards policyholders following any dividends or distributions to shareholder affiliates must be reasonable in relation to the insurer's outstanding liabilities and adequate to its financial needs.

2. The Commissioner may adopt regulations governing agreements for sharing the cost of services or management between registered insurers and their affiliates.
Nev. Rev. Stat. § 679B.680 — NV Code / Title 57 / Chapter 679B / Section 679B.680
Effect of certain powers and duties of Attorney General and Fraud Control Unit on jurisdiction of Commissioner
Status: in_force

Nothing in NRS 228.412 limits or diminishes the exclusive jurisdiction of the Commissioner otherwise granted by statute to investigate or take administrative or civil action:

1. For any violation of this title by any person or entity who is or has been licensed by the Commissioner pursuant to this title;

2. Against any person or entity who is or has been engaged in the business of insurance without a license as required by this title, including, without limitation, the unauthorized transaction of insurance in violation of chapter 685B of NRS ; or

3. Against any person or entity as the Commissioner deems appropriate.
Nev. Rev. Stat. § 695E.080 — NV Code / Title 57 / Chapter 695E / Section 695E.080
“Plan of operation” defined
Status: in_force

“ Plan of operation ” means an analysis of the expected activities and results of a risk retention group, including:

1. The coverages, deductibles, limits of coverage, rates and systems of rating classification for each line of insurance the group intends to offer;

2. Historical and expected loss experience of the proposed members, and national experience of similar exposures to the extent that this experience is reasonably available;

3. Pro forma financial statements and projections;

4. Appropriate opinions by a qualified, independent casualty actuary, including a determination of minimum premium or participation levels required to commence operations and to prevent a hazardous financial condition;

5. Identification of management, underwriting procedures, policies for investment and methods for managerial oversight;

6. Identification of each state in which the group has obtained, or sought to obtain, a charter and a license, and a description of the status of the group in each of those states;

7. Information that is deemed sufficient by the Commissioner to verify that members of the group are engaged in business activities similar or related with respect to the liability to which they are exposed because of any related, similar or common business, trade, product, service, premise or operation; and

8. Such other matters as are prescribed by the Commissioner for liability insurers authorized by the insurance laws of the state in which the risk retention group is chartered.
Nev. Rev. Stat. § 686C.2241 — NV Code / Title 57 / Chapter 686C / Section 686C.2241
Assumption of reinsurance contracts: Suspension of rights and obligations for period after order of liquidation
Status: in_force

1. During the period after the date of an order of liquidation until the election date, or, if the election date does not occur, until 180 days after the date of the order of liquidation: (a) Neither the Association nor the reinsurer shall have any rights or obligations under reinsurance contracts that the Association has the right to assume under NRS 686C.224 , whether for periods before or after the date of the order of liquidation. (b) The reinsurer, the receiver and the Association shall, to the extent practicable, provide each other data and records as reasonably requested.

2. Once the Association has elected to assume a reinsurance contract, the parties' rights and obligations are governed by the provisions of NRS 686C.224 .
Nev. Rev. Stat. § 690B.300 — NV Code / Title 57 / Chapter 690B / Section 690B.300
Prohibition against setting different premium rates based on number of babies delivered for certain practitioners; exception
Status: in_force

1. Except as otherwise provided in this section, if an insurer issues a policy of professional liability insurance to a practitioner licensed pursuant to chapter 630, 632 or 633 of NRS who delivers one or more babies per year, the insurer shall not set the premium for the policy at a rate that is different from the rate set for such a policy issued by the insurer to any other practitioner licensed pursuant to chapter 630, 632 or 633 of NRS who delivers one or more babies per year if the difference in rates is based in whole or in part upon the number of babies delivered per year by the practitioner.

2. If an insurer issues a policy of professional liability insurance to a practitioner licensed pursuant to chapter 630, 632 or 633 of NRS who delivers one or more babies per year, the insurer may set the premium for the policy at a rate that is different, based in whole or in part upon the number of babies delivered per year by the practitioner, from the rate set for such a policy issued by the insurer to any other practitioner licensed pursuant to chapter 630, 632 or 633 of NRS who delivers one or more babies per year if the insurer: (a) Bases the difference upon actuarial and loss experience data available to the insurer; and (b) Obtains the approval of the Commissioner for the difference in rates.

3. The provisions of this section do not prohibit an insurer from setting the premium for a policy of professional liability insurance issued to a practitioner licensed pursuant to chapter 630, 632 or 633 of NRS who delivers one or more babies per year at a rate that is different from the rate set for such a policy issued by the insurer to any other practitioner licensed pursuant to chapter 630, 632 or 633 of NRS who delivers one or more babies per year if the difference in rates is based solely upon factors other than the number of babies delivered per year by the practitioner.
Nev. Rev. Stat. § 685A.075 — NV Code / Title 57 / Chapter 685A / Section 685A.075
Nonprofit organization of brokers: Formation; board of directors; information and records filed with Commissioner; examination by Commissioner; broker required to be member as condition of continued licensure
Status: in_force

1. A nonprofit organization of surplus lines brokers may be formed to: (a) Facilitate and encourage compliance by its members with the laws of this State and the rules and regulations of the Commissioner concerning surplus lines insurance; (b) Provide a means for the review of all surplus lines coverage written in this State; (c) Communicate with organizations of admitted insurers with respect to the proper use of the surplus lines market; (d) Receive and disseminate to brokers information relative to surplus lines coverages; and (e) Charge members a filing fee, approved by the Commissioner, for the review of surplus lines coverages.

2. Every such organization shall exercise its powers through a board of directors and shall file with the Commissioner: (a) A copy of its constitution, articles of agreement or association or certificate of incorporation; (b) A copy of its bylaws, rules and regulations governing its activities; (c) A copy of its plan of operations established and approved by the Commissioner; (d) A current list of its members; (e) The name and address of a resident of this State upon whom notices or orders of the Commissioner or processes issued at the direction of the Commissioner may be served; and (f) An agreement that the Commissioner may examine the organization in accordance with the provisions of this section.

3. The Commissioner shall make an examination of the affairs, transactions, accounts, records and assets of such an organization and any of its members as often as the Commissioner deems necessary for the protection of the interests of the people of this State, but no less frequently than once every 3 years. The officers, managers, agents and employees of such an organization may be examined at any time, under oath, and shall provide to the Commissioner all books, records, accounts, documents or agreements governing its method of operation. The Commissioner shall furnish two copies of the examination report to the organization examined and shall notify the organization that it may, within 20 days thereof, request a hearing on the report or on any facts or recommendations set forth therein. If the Commissioner finds such an organization or any member thereof to be in violation of this chapter, the Commissioner may, in addition to any administrative fine or penalty imposed pursuant to this Code, issue an order requiring the discontinuance of such violations. In lieu of an examination conducted pursuant to this subsection, the Commissioner may accept the report of an independent audit of such an organization if the Commissioner deems that an independent audit is in the best interest of the residents of this State.

4. The board of directors of such an organization must consist of not fewer than five persons. Directors must be appointed in accordance with the bylaws of the organization. Any proposed director may be disapproved by the Commissioner and serves at the pleasure of the Commissioner.

5. A broker must be a member of such an organization as a condition of continued licensure under this chapter.
Nev. Rev. Stat. § 693A.370 — NV Code / Title 57 / Chapter 693A / Section 693A.370
Bulk reinsurance: Limitation; approval by Commissioner and members
Status: in_force

1. A domestic insurer shall not reinsure with another insurer all or substantially all of its business in force, or of a major class thereof, or during a period of 6 consecutive months reinsure with another insurer over 20 percent of its insurance in force exclusive of individual risks currently reinsured in the ordinary course of business, except under an agreement of bulk reinsurance and in compliance with this section. No such agreement may become effective unless filed with the Commissioner and approved by the Commissioner in writing.

2. The Commissioner shall approve the agreement within a reasonable time after filing if the Commissioner finds that: (a) The plan and agreement are fair and equitable to each insurer and to the policyholders involved; (b) The reinsurance, if effectuated, would not substantially reduce the protection or service to the policyholders of any domestic insurer involved; (c) The agreement embodies adequate provisions by which the reinsuring insurer becomes liable to the original insureds for any loss or damage occurring under the policies reinsured in accordance with the original terms of those policies; (d) The assuming reinsurer is authorized to transact that insurance in this State, or is qualified for that authorization and will appoint the Commissioner and the successors of the Commissioner as its irrevocable attorney for service of process, so long as any policy so reinsured or claim thereunder remains in force or outstanding; (e) The reinsurance would not materially tend to lessen competition in the insurance business in this State or elsewhere as to the kinds of insurance involved, and would not materially tend to create any monopoly as to that business; and (f) The proposed bulk reinsurance is free of other reasonable objections.

3. If the Commissioner does not so approve the Commissioner shall forthwith notify each insurer involved in writing, specifying the reasons therefor.

4. If for reinsurance of all or substantially all of the business in force of a mutual insurer at a time when the insurer's surplus is not impaired, the plan and agreement for reinsurance must be approved by a vote of not less than two-thirds of the mutual insurer's members voting thereon at a meeting of members called for the purpose, pursuant to such reasonable notice and procedure as is provided for in the agreement. The agreement may provide for giving notice to members of a mutual insurer by publishing the notice once a week for 2 successive weeks in any two of the four cities of greatest population in each state in which the insurer is authorized, or by depositing the notice in the United States mail, postage prepaid, addressed to the member at his or her address last of record with the insurer, or by personal delivery. For a life insurer, the right to vote may be limited to members whose policies are other than term or group policies, and have been in effect for more than 1 year.
Nev. Rev. Stat. § 691D.050 — NV Code / Title 57 / Chapter 691D / Section 691D.050
“Maintenance agreement” defined
Status: in_force

“ Maintenance agreement ” means a contract for a limited period that provides only for scheduled maintenance.
Nev. Rev. Stat. § 695G.271 — NV Code / Title 57 / Chapter 695G / Section 695G.271
Expedited approval or denial of request
Status: in_force

1. The Office for Consumer Health Assistance shall approve or deny a request for an external review of an adverse determination in an expedited manner not later than 72 hours after it receives proof from the provider of health care of the covered person that: (a) The adverse determination concerns an admission, availability of care, continued stay or health care service for which the covered person received emergency services but has not been discharged from the facility providing the services or care; or (b) Failure to proceed in an expedited manner may jeopardize the life or health of the covered person or the ability of the covered person to regain maximum function.

2. If the Office for Consumer Health Assistance approves a request for an external review pursuant to subsection 1, the Office for Consumer Health Assistance shall assign the request to an independent review organization not later than 1 working day after approving the request. Each assignment made by the Office for Consumer Health Assistance pursuant to this section must be completed on a rotating basis.

3. Within 24 hours after receiving notice of the Officer for Consumer Health Assistance assigning the request, the health carrier shall provide to the independent review organization all documents and materials specified in subsection 4 of NRS 695G.251 .

4. An independent review organization that is assigned to conduct an external review pursuant to subsection 2 shall, if it accepts the assignment: (a) Complete its external review not later than 48 hours after receiving the assignment, unless the covered person and the health carrier agree to a longer period; (b) Not later than 24 hours after completing its external review, notify the covered person, the physician of the covered person, the authorized representative, if any, and the health carrier by telephone of its determination; and (c) Not later than 48 hours after completing its external review, submit a written decision of its external review to the covered person, the physician of the covered person, the authorized representative, if any, and the health carrier.
Nev. Rev. Stat. § 689C.079 — NV Code / Title 57 / Chapter 689C / Section 689C.079
“Plan for coverage of a bona fide association” defined
Status: in_force

“Plan for coverage of a bona fide association” has the meaning ascribed to it in NRS 689A.570 .
Nev. Rev. Stat. § 687B.665 — NV Code / Title 57 / Chapter 687B / Section 687B.665
“Utilization review” defined
Status: in_force

“Utilization review” has the meaning ascribed to it in NRS 695G.080 .
Nev. Rev. Stat. § 686A.187 — NV Code / Title 57 / Chapter 686A / Section 686A.187
Penalties for violating cease and desist order
Status: in_force

Any person who violates a cease and desist order of the Commissioner issued under NRS 686A.183 , except one issued with respect to NRS 686A.170 , is subject, in the discretion of the Commissioner, after notice and hearing and upon order of the Commissioner, to one or both of the following:

1. Payment of an administrative fine of not more than $5,000 for each and every violation.

2. Suspension or revocation of the license.
Nev. Rev. Stat. § 695A.044 — NV Code / Title 57 / Chapter 695A / Section 695A.044
“Society” defined
Status: in_force

“ Society ” means a fraternal benefit society.
Nev. Rev. Stat. § 695G.080 — NV Code / Title 57 / Chapter 695G / Section 695G.080
“Utilization review” defined
Status: in_force

1. “ Utilization review ” means the various methods that may be used to review the amount and appropriateness of the provision of a specific health care service.

2. The term does not include an external review of an adverse determination conducted pursuant to NRS 695G.241 to 695G.310 , inclusive.
Nev. Rev. Stat. § 694A.070 — NV Code / Title 57 / Chapter 694A / Section 694A.070
Inapplicability of provisions to stock insurers
Status: in_force

The provisions of NRS 694A.020 , 694A.030 and 694A.040 do not apply to equity securities of a domestic stock insurer if:

1. Such securities are registered, or are required to be registered, pursuant to section 12 1 of the Securities Exchange Act of 1934, as amended; or

2. Such domestic stock insurer has not any class of its equity securities held of record by 100 or more persons on the last business day of the year next preceding the year in which equity securities of the insurer would be subject to the provisions of NRS 694A.020 , 694A.030 and 694A.040 except for the provisions of this subsection.

1 15 U.S.C. § 78l
Nev. Rev. Stat. § 695G.014 — NV Code / Title 57 / Chapter 695G / Section 695G.014
“Authorized representative” defined
Status: in_force

“ Authorized representative ” means:

1. A person to whom a covered person has given express written consent to represent the covered person in an external review of an adverse determination conducted pursuant to NRS 695G.241 to 695G.310 , inclusive;

2. A person authorized by law to provide substituted consent for a covered person; or

3. A family member of a covered person or the covered person's treating provider only when the covered person is unable to provide consent.
Nev. Rev. Stat. § 692A.1041 — NV Code / Title 57 / Chapter 692A / Section 692A.1041
Revised Statutes Title agent and insurer required to deposit surety bond or substitute form of security with Commissioner; requirements for bond or other security
Status: in_force

1. In addition to all other requirements set forth in this title and except as otherwise provided in subsections 2, 3 and 4 and NRS 692A.1042 , as a condition to doing business in this State, each title agent and title insurer shall deposit with the Commissioner and keep in full force and effect a corporate surety bond which complies with NRS 679B.175 and is in an amount as determined by the Commissioner. The bond must name as principals the title agency or title insurer and all escrow officers employed by or associated with the title agent or title insurer.

2. Each title agent and title insurer may, in lieu of a corporate surety bond that complies with the provisions of subsection 1, deposit a substitute form of security that complies with the provisions of NRS 692A.1042 in an amount as determined by the Commissioner. The Commissioner shall determine the appropriate amount of the substitute form of security that must be deposited initially by the title agent or title insurer based upon the expected average collected balance of the trust account or escrow account maintained by the title agent or title insurer pursuant to NRS 692A.250 . After the initial deposit, the Commissioner shall, on an annual basis, determine the appropriate amount of the substitute form of security that must be deposited by the title agent or title insurer based upon the average collected balance of the trust account or escrow account maintained by the title agent or title insurer pursuant to NRS 692A.250 .

3. A title agent or title insurer may offset or reduce the amount of the substitute form of security that the title agent or title insurer is required to deposit pursuant to subsection 2 by the amount of any of the following: (a) Cash or securities deposited with the Commissioner in this State pursuant to NRS 680A.140 or 682B.015 . (b) Reserves against unpaid losses and loss expenses maintained pursuant to NRS 692A.150 or 692A.170 . (c) Unearned premium reserves maintained pursuant to NRS 692A.160 or 692A.170 . (d) Fidelity bonds maintained by the title agent or title insurer. (e) Other bonds or policies of insurance maintained by the title agent or title insurer covering liability for economic losses to customers caused by the title agent or title insurer.

4. A natural person licensed as a title agent is not obligated to deposit a corporate surety bond or substitute security, as defined in NRS 692A.1042 , if that natural person is employed by a title insurer, or by a firm or corporation licensed as a title agent.
Nev. Rev. Stat. § 681A.420 — NV Code / Title 57 / Chapter 681A / Section 681A.420
Limitations and requirements
Status: in_force

1. A person shall not act as a broker for reinsurance for a domestic insurer or reinsurer unless the person is: (a) A licensed producer in this state; or (b) Licensed as a nonresident intermediary for reinsurance in this state.

2. A person shall not act as a broker for reinsurance for a foreign or alien insurer or reinsurer if the person maintains an office, directly or as a member or employee of a firm or association or as an officer, director or employee of a corporation in this state, unless the person is: (a) A licensed producer in this state; or (b) Licensed as a nonresident intermediary for reinsurance in this state.

3. A person shall not act as a manager for reinsurance for a domestic insurer or reinsurer unless the person is: (a) A licensed producer in this state; or (b) Licensed as a nonresident manager for reinsurance in this state.

4. A person shall not act as a manager for reinsurance for any foreign or alien insurer or reinsurer if the person maintains an office, directly or as a member or employee of a firm or association or as an officer, director or employee of a corporation in this state, unless the person is: (a) A licensed producer in this state; or (b) Licensed as a nonresident manager for reinsurance in this state.

5. A manager for reinsurance shall: (a) File a bond which complies with NRS 679B.175 and is in an amount that is acceptable to the Commissioner for the protection of the reinsurer; and (b) Maintain a policy covering errors and omissions in an amount that is acceptable to the Commissioner.
Nev. Rev. Stat. § 686A.2825 — NV Code / Title 57 / Chapter 686A / Section 686A.2825
“Practitioner” defined
Status: in_force

“ Practitioner ” means:

1. A physician, dentist, nurse, dispensing optician, optometrist, physical therapist, podiatric physician, psychologist, chiropractic physician, naprapath, doctor of Oriental medicine in any form, director or technician of a medical laboratory, pharmacist, person who holds a license to engage in radiation therapy and radiologic imaging or a limited license to engage in radiologic imaging pursuant to chapter 653 of NRS or other provider of health services who is authorized to engage in his or her occupation by the laws of this state or another state; and

2. An attorney admitted to practice law in this state or any other state.
Nev. Rev. Stat. § 695F.420 — NV Code / Title 57 / Chapter 695F / Section 695F.420
Certain insurers and organizations authorized to exclude coverage duplicated pursuant to this chapter
Status: in_force

Notwithstanding any other provision of this title, any person who is licensed as an insurer pursuant to chapter 680A of NRS or issued a certificate of authority pursuant to chapter 695A, 695B or 695C of NRS may exclude, in any contract or policy issued to a group, any coverage which would duplicate the coverage of a limited health service, whether for services, supplies or reimbursement, to the extent that the coverage or service is provided in accordance with this chapter pursuant to a contract or policy issued to the same group or to a part of that group by a prepaid limited health service organization or a person who is licensed as an insurer pursuant to chapter 680A of NRS or issued a certificate of authority pursuant to chapter 695A, 695B or 695C of NRS .
Nev. Rev. Stat. § 695B.035 — NV Code / Title 57 / Chapter 695B / Section 695B.035
Contract between corporation and provider of health care: Prohibiting corporation from charging provider of health care fee for inclusion on list of providers given to insureds; corporation required to use form to obtain information on provider of health care; modification; submission by corporation of schedule of payments to provider
Status: in_force

1. A corporation subject to the provisions of this chapter shall not charge a provider of health care a fee to include the name of the provider on a list of providers of health care given by the corporation to its insureds.

2. A corporation specified in subsection 1 shall not contract with a provider of health care to provide health care to an insured unless the corporation uses the form prescribed by the Commissioner pursuant to NRS 629.095 to obtain any information related to the credentials of the provider of health care.

3. A contract between a corporation specified in subsection 1 and a provider of health care may be modified: (a) At any time pursuant to a written agreement executed by both parties. (b) Except as otherwise provided in this paragraph, by the corporation upon giving to the provider 45 days' written notice of the modification of the corporation's schedule of payments, including any changes to the fee schedule applicable to the provider's practice. If the provider fails to object in writing to the modification within the 45-day period, the modification becomes effective at the end of that period. If the provider objects in writing to the modification within the 45-day period, the modification must not become effective unless agreed to by both parties as described in paragraph (a).

4. If a corporation specified in subsection 1 contracts with a provider of health care to provide health care to an insured, the corporation shall: (a) If requested by the provider of health care at the time the contract is made, submit to the provider of health care the schedule of payments applicable to the provider of health care; or (b) If requested by the provider of health care at any other time, submit to the provider of health care the schedule of payments, including any changes to the fee schedule applicable to the provider's practice, specified in paragraph (a) within 7 days after receiving the request.

5. As used in this section, “ provider of health care ” means a provider of health care who is licensed pursuant to chapter 630, 631, 632 or 633 of NRS .
Nev. Rev. Stat. § 689A.0493 — NV Code / Title 57 / Chapter 689A / Section 689A.0493
Treatment by licensed clinical alcohol and drug counselor
Status: in_force

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

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

2. Any other applicable assignment of benefits.
Nev. Rev. Stat. § 695B.19046 — NV Code / Title 57 / Chapter 695B / Section 695B.19046
Policy covering prescription drugs: Submission to step therapy protocol for drug to treat psychiatric condition prohibited in certain circumstances
Status: in_force

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

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

3. As used in this section: (a) “ Medical or scientific evidence ” has the meaning ascribed to it in NRS 695G.053 . (b) “ Network plan ” means a policy of health insurance offered by a hospital or medical services corporation under which the financing and delivery of medical care is provided, in whole or in part, through a defined set of providers under contract with the hospital or medical services corporation. The term does not include an arrangement for the financing of premiums. (c) “ Step therapy protocol ” means a procedure that requires an insured to use a prescription drug or sequence of prescription drugs other than a drug that a practitioner recommends for treatment of a psychiatric condition of the insured before his or her policy of health insurance offered or issued by a hospital or medical services corporation provides coverage for the recommended drug.
Nev. Rev. Stat. § 680A.260 — NV Code / Title 57 / Chapter 680A / Section 680A.260
Service of process: Method of serving if Commissioner statutorily designated as attorney in fact for receipt; extension of time to appear; record
Status: in_force

1. If the Commissioner is designated by specific statute as attorney in fact for the purpose of receiving service of process, such service must be made by delivering to and leaving with the Division, one copy of the process, together with the fee therefor as specified in NRS 680B.010 , taxable as costs in the action.

2. Upon such service, the Division shall forthwith forward such process, with the date and time of service of the same on the Division noted thereon, to the person currently designated to receive the copy as provided by specific statute. Service of process is complete when the copy has been so forwarded.

3. Process served in the manner provided by this section for all purposes constitutes valid and binding personal service within this state. If summons is served under this section, the time within which the insurer is required to appear must be extended an additional 10 days beyond that otherwise allowed by Nevada Rules of Civil Procedure.

4. The Commissioner shall keep a record of the day of service upon him or her of all legal process.

5. For the purposes of this section, “ process ” includes only a summons or the initial documents served in an action. The Commissioner is not required to serve any documents after the initial service of process.
Nev. Rev. Stat. § 680B.027 — NV Code / Title 57 / Chapter 680B / Section 680B.027
General tax on premiums: Rate; time for payment; prepayment; supplemental statements
Status: in_force

1. Except as otherwise provided in NRS 680B.033 , 680B.0353 and 690C.110 , for the privilege of transacting business in this State, each insurer shall pay to the Department of Taxation a tax upon his or her net direct premiums and net direct considerations written at the rate of 3.5 percent.

2. The tax must be paid in the manner required by NRS 680B.030 and 680B.032 .

3. The Commissioner or the Executive Director of the Department of Taxation may require at any time verified supplemental statements with reference to any matter pertinent to the proper assessment of the tax.
Nev. Rev. Stat. § 697.150 — NV Code / Title 57 / Chapter 697 / Section 697.150
Bail agent: Qualifications
Status: in_force

1. Except as otherwise provided in subsections 2 and 3, a person is entitled to receive, renew or hold a license as a bail agent if the person: (a) Is a resident of this State and has resided in this State for not less than 1 year immediately preceding the date of the application for the license. (b) Is a natural person not less than 18 years of age. (c) Has been appointed as a bail agent by an authorized surety insurer, subject to the issuance of the license. (d) Is competent, trustworthy and financially responsible. (e) Has passed any written examination required under this chapter. (f) Has filed the bond required by NRS 697.190 . (g) Has, on or after July 1, 1999, successfully completed a 6-hour course of instruction in bail bonds that is: (1) Offered by a state or national organization of bail agents or another organization that administers training programs for bail agents; and (2) Approved by the Commissioner.

2. A nonresident person is entitled to receive, renew or hold a nonresident license as a bail agent if, in addition to the applicable requirements set forth in NRS 697.215 , the nonresident person satisfies the requirements set forth in paragraphs (b), (d) and (f) of subsection 1.

3. A person is not entitled to receive, renew or hold a license as a bail agent if the person has been convicted of, or entered a plea of guilty, guilty but mentally ill or nolo contendere to, forgery, embezzlement, obtaining money under false pretenses, larceny, extortion, conspiracy to defraud or any crime involving moral turpitude. A conviction of, or plea of guilty, guilty but mentally ill or nolo contendere by, an applicant or licensee for any crime listed in this subsection is a sufficient ground for the Commissioner to deny a license to the applicant or to suspend or revoke the license of the agent.
Nev. Rev. Stat. § 682A.410 — NV Code / Title 57 / Chapter 682A / Section 682A.410
Insurer investment pools
Status: in_force

1. An insurer may acquire investments in investment pools that invest only in: (a) Obligations with an SVO rating of 1 or 2, or the equivalent of an SVO rating of 1 or 2 by a nationally recognized statistical rating organization recognized by the SVO, or, in the absence of an equivalent rating, the issuer has outstanding obligations with the equivalent of an SVO rating of 1 or 2, or an equivalent rating, and have: (1) A remaining maturity of 397 days or less or a put option that entitles the holder to receive the principal amount of the obligation with the ability to exercise the put option through maturity at specified intervals not exceeding 397 days; or (2) A remaining maturity less than or equal to 3 years and a floating interest rate that resets not less frequently than quarterly on the basis of a current short-term index and is not subject to a maximum limit, if the obligations do not have an interest rate that varies inversely to market interest rate changes. For the purposes of this subparagraph, qualifying short-term indexes include, without limitation, the federal funds rate, prime rate, treasury bills rates, the London Interbank Offered Rate or commercial paper rates. (b) Government money market mutual funds or class one money market mutual funds. (c) Securities lending, repurchase and reverse repurchase transactions that meet all the requirements of NRS 682A.438 , except the quantitative limitations of subsection 4 of NRS 682A.438 . (d) Investments which an insurer may acquire pursuant to this chapter if the insurer's proportionate interest in the amount invested in these investments does not exceed the applicable limits of this chapter.

2. For an investment in an investment pool to be qualified pursuant to this chapter, the investment pool must not: (a) Acquire securities issued, assumed, guaranteed or insured by the insurer or an affiliate of the insurer; (b) Borrow or incur any indebtedness for borrowed money, except for securities lending and reverse repurchase transactions that meet the requirements of NRS 682A.438 , except the quantitative limitations of subsection 4 of NRS 682A.438 ; or (c) Permit the aggregate value of securities loaned or sold to, purchased from or invested in any one business entity in accordance with this section to exceed 10 percent of the total assets of the investment pool.

3. The limitations of NRS 682A.402 do not apply to an insurer's investment in an investment pool, however an insurer shall not acquire an investment in an investment pool in accordance with this section if, as a result of and after giving effect to the investment, the aggregate amount of investments held by the insurer in accordance with this section: (a) In any one investment pool would exceed 10 percent of its admitted assets; (b) In all investment pools investing in investments permitted in accordance with paragraph (d) of subsection 1 would exceed 25 percent of its admitted assets; or (c) In all investment pools would exceed 35 percent of its admitted assets.

4. For an investment in an investment pool to be qualified pursuant to this chapter, the manager of the investment pool must: (a) Be organized in accordance with the laws of the United States or a state and designated as the pool manager in a pooling agreement; (b) Be the insurer, an affiliated insurer or a business entity affiliated with the insurer, a qualified bank, a business entity registered in accordance with the provisions of the Investment Advisers Act of 1940, 15 U.S.C. §§ 80a-1 et seq., as amended, or, in the case of a reciprocal insurer or interinsurance exchange, its attorney-in-fact, or in the case of a United States branch of an alien insurer, its United States manager or affiliates or subsidiaries of its United States manager; (c) Compile and maintain detailed accounting records setting forth: (1) The cash receipts and disbursements reflecting each participant's proportionate investments in the investment pool; (2) A complete description of all underlying assets of the investment pool, including, without limitation, amount, interest rate, maturity date, if any, and other appropriate designations; and (3) Other records which, on a daily basis, allow third parties to verify each participant's investment in the investment pool; and (d) Maintain the assets of the investment pool in one or more accounts, in the name of or on behalf of the investment pool, in accordance with a custody agreement with a qualified bank. The custody agreement must: (1) State and recognize the claims and rights of each participant; (2) Acknowledge that the underlying assets of the investment pool are held solely for the benefit of each participant in proportion to the aggregate amount of its investments in the investment pool; and (3) Contain an agreement that the underlying assets of the investment pool must not be commingled with the general assets of the custodian qualified bank or any other person.

5. The pooling agreement for each investment pool must be in writing and must provide that: (a) An insurer and its affiliated insurers or, in the case of an investment pool investing solely in investments allowed in accordance with paragraph (a) of subsection 1, the insurer and its subsidiaries, affiliates or any pension or profit-sharing plan of the insurer, its subsidiaries and affiliates or, in the case of a United States branch of an alien insurer, affiliates or subsidiaries of its United States manager, shall at all times hold 100 percent of the interests in the investment pool. (b) The underlying assets of the investment pool must not be commingled with the general assets of the pool manager or any other person. (c) In proportion to the aggregate amount of each pool participant's interest in the investment pool: (1) Each participant owns an undivided interest in the underlying assets of the investment pool; and (2) The underlying assets of the investment pool are held solely for the benefit of each participant. (d) A participant, or in the event of the participant's insolvency, bankruptcy or receivership, its trustee, receiver or other successor-in-interest, may withdraw all or any portion of its investment from the investment pool in accordance with the terms of the pooling agreement. (e) Withdrawals may be made on demand without penalty or other assessment on any business day, but settlements of funds must occur within a reasonable and customary period thereafter not to exceed 5 business days. Distributions in accordance with this paragraph must be calculated in each case net of all applicable fees and expenses of the investment pool. The pooling agreement must provide that the pool manager shall distribute to a participant, at the discretion of the pool manager: (1) In cash, the then fair market value of the participant's pro rata share of each underlying asset of the investment pool; (2) In kind, a pro rata share of each underlying asset; or (3) In a combination of cash and in-kind distributions, a pro rata share in each underlying asset. (f) The pool manager shall make the records of the investment pool available for inspection by the Commissioner.
Nev. Rev. Stat. § 682A.117 — NV Code / Title 57 / Chapter 682A / Section 682A.117
“Investment practices” defined
Status: in_force

“ Investment practices ” means transactions of the types described in NRS 682A.438 , 682A.450 to 682A.458 , inclusive, 682A.548 and 682A.560 to 682A.568 , inclusive.
Nev. Rev. Stat. § 695E.140 — NV Code / Title 57 / Chapter 695E / Section 695E.140
Requirements
Status: in_force

1. A risk retention group seeking to be chartered in this State must obtain a certificate of authority pursuant to chapter 694C of NRS to transact liability insurance and, except as otherwise provided in this chapter, must comply with: (a) All of the laws, regulations and requirements applicable to liability insurers in this State, unless otherwise approved by the Commissioner; and (b) The provisions of NRS 695E.150 to 695E.210 , inclusive, to the extent that those provisions do not limit or conflict with the provisions with which the group is required to comply pursuant to paragraph (a).

2. A risk retention group applying to be chartered in this State must submit to the Commissioner an application for licensure as an association captive insurer in accordance with NRS 694C.210 .

3. A risk retention group chartered in a state other than Nevada that is seeking to transact insurance as a risk retention group in this State must comply with the provisions of NRS 694C.390 and 695E.150 to 695E.210 , inclusive, including, without limitation, by submitting the statement of registration required by paragraph (a) of subsection 1 of NRS 695E.150 and paying all fees required for the statement of registration.
Nev. Rev. Stat. § 695C.202 — NV Code / Title 57 / Chapter 695C / Section 695C.202
Provision of health care services to recipients of Medicaid: Notice to recipients if Department of Health and Human Services obtains waiver to provide dental care to persons with diabetes; coordination to ensure receipt of such care
Status: in_force

If the Department of Health and Human Services obtains a waiver to provide the dental care described in NRS 422.27247 , a health maintenance organization that provides health care services through managed care to recipients of Medicaid must:

1. Provide written notice to each such recipient who is diagnosed with diabetes and is eligible to receive dental care pursuant to NRS 422.27247 of his or her eligibility to receive such care; and

2. Coordinate with any entity necessary to ensure that eligible recipients of Medicaid receive the benefits prescribed by that section.
Nev. Rev. Stat. § 694C.143 — NV Code / Title 57 / Chapter 694C / Section 694C.143
“Sponsor” defined
Status: in_force

“ Sponsor ” means an insurer licensed pursuant to the laws of any state, a reinsurer authorized or approved under the laws of any state, a captive insurer formed or licensed pursuant to this chapter or a person that:

1. Meets the requirements of subsection 3 of NRS 694C.180 or is approved as a sponsor by the Commissioner; and

2. Is approved by the Commissioner to provide all or part of the capital and surplus required by applicable law and to organize and operate a sponsored captive insurer.
Nev. Rev. Stat. § 696B.190 — NV Code / Title 57 / Chapter 696B / Section 696B.190
Jurisdiction of delinquency proceedings; Nevada Rules of Civil Procedure do not govern commencement of delinquency proceeding; venue; exclusiveness of remedy; appeal
Status: in_force

1. The district court has original jurisdiction of delinquency proceedings under NRS 696B.010 to 696B.565 , inclusive, and any court with jurisdiction may make all necessary or proper orders to carry out the purposes of those sections. The Nevada Rules of Civil Procedure do not govern the commencement of a delinquency proceeding pursuant to NRS 696B.250 and the filing of a petition by the Commissioner or the issuance by the court of an order to show cause pursuant to that section.

2. The venue of delinquency proceedings against a domestic insurer must be in the county in this state of the insurer's principal place of business or, if the principal place of business is located in another state, in any county in this state selected by the Commissioner for the purpose. The venue of proceedings against foreign insurers must be in any county in this state selected by the Commissioner for the purpose.

3. At any time after commencement of a proceeding, the Commissioner or any other party may apply to the court for an order changing the venue of, and removing, the proceeding to any other county of this state in which the proceeding may most conveniently, economically and efficiently be conducted.

4. No court has jurisdiction to entertain, hear or determine any petition or complaint praying for the dissolution, liquidation, rehabilitation, sequestration, conservation or receivership of any insurer, or for an injunction or restraining order or other relief preliminary, incidental or relating to such proceedings, other than in accordance with NRS 696B.010 to 696B.565 , inclusive.

5. An appeal to the appellate court of competent jurisdiction pursuant to the rules fixed by the Supreme Court pursuant to Section 4 of Article 6 of the Nevada Constitution may be taken from any court granting or refusing rehabilitation, liquidation, conservation or receivership, and from every order in delinquency proceedings having the character of a final order as to the particular portion of the proceedings embraced therein.
Nev. Rev. Stat. § 681A.1557 — NV Code / Title 57 / Chapter 681A / Section 681A.1557
Certified reinsurer: Inactive status
Status: in_force

A certified reinsurer that ceases to assume new business in this State may request to maintain its certification in inactive status to continue to qualify for a reduction in security for its in-force business. An inactive certified reinsurer must continue to comply with all applicable requirements of NRS 681A.150 to 681A.190 , inclusive, and the Commissioner shall assign a rating that takes into account, if relevant, the reasons why the reinsurer is not assuming new business.
Nev. Rev. Stat. § 679B.300 — NV Code / Title 57 / Chapter 679B / Section 679B.300
Deposit of money; payment of certain expenses
Status: in_force

1. All money received by the Commissioner pursuant to NRS 679B.290 must be deposited in the Fund for Insurance Administration and Enforcement created by NRS 680C.100 .

2. Money for travel, per diem, compensation and other necessary and authorized expenses incurred by an examiner or other representative of the Division in the examination of any person required to pay, and making payment of, the expense of examination pursuant to NRS 679B.290 must be paid out of the Fund for Insurance Administration and Enforcement as other claims against the State are paid.
Nev. Rev. Stat. § 688A.430 — NV Code / Title 57 / Chapter 688A / Section 688A.430
Delivery of group annuity to group formed to purchase annuity prohibited
Status: in_force

No group annuity may be delivered or issued for delivery in this state to a group which was principally formed for the purpose of purchasing one or more group annuities.
Nev. Rev. Stat. § 686B.1772 — NV Code / Title 57 / Chapter 686B / Section 686B.1772
Insurers required to adhere to Uniform System of Classifications of Risks and Uniform Plan for Rating Experience; filing with and approval by Commissioner of subclassifications for Uniform System of Classification
Status: in_force

1. Every insurer shall adhere to the Uniform System of Classifications of Risks and Uniform Plan for Rating Experience filed with the Commissioner by the Advisory Organization.

2. Any insurer may develop a subclassification or subclassifications for the Uniform System of Classification. Any subclassification must be filed with the Commissioner 60 days before it becomes effective. The Commissioner shall disapprove the subclassification if the insurer fails to show the data to be produced by it will be consistent with the Uniform Statistical Plan and System of Classification filed by the Advisory Organization with the Commissioner.
Nev. Rev. Stat. § 689C.610 — NV Code / Title 57 / Chapter 689C / Section 689C.610
Definitions
Status: in_force

As used in NRS 689C.610 to 689C.940 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 689C.630 , 689C.660 and 689C.670 have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 695J.220 — NV Code / Title 57 / Chapter 695J / Section 695J.220
Responsibilities of exchange enrollment facilitator
Status: in_force

An exchange enrollment facilitator is obligated under his or her certificate to:

1. Serve with objectivity and complete loyalty the interests of his or her client; and

2. Render to his or her client information, counsel and service which, to the best of the exchange enrollment facilitator's knowledge, understanding and opinion, best serves the client's insurance needs and interests.
Nev. Rev. Stat. § 686C.333 — NV Code / Title 57 / Chapter 686C / Section 686C.333
Recovery of distributions made before petition for liquidation or rehabilitation of insurer
Status: in_force

1. If an order for liquidation or rehabilitation of a member insurer domiciled in this state has been entered, the receiver appointed under such order is entitled to recover on behalf of the member insurer, from any affiliate that controlled it, the amount of distributions, other than stock dividends paid by the member insurer on its capital stock, made at any time during the 5 years preceding the petition for liquidation or rehabilitation, subject to the limitations of subsections 2, 3 and 4.

2. No distribution is recoverable if the member insurer shows that when paid the distribution was lawful and reasonable, and that the member insurer did not know and could not reasonably have known that the distribution might adversely affect the ability of the member insurer to fulfill its contractual obligations.

3. Any person who was an affiliate that controlled the member insurer at the time the distributions were paid is liable up to the amount of distributions the person received. Any person who was an affiliate that controlled the member insurer at the time the distributions were declared, is liable up to the amount of distributions the person would have received if they had been paid immediately. If two or more persons are liable with respect to the same distributions, they are jointly and severally liable.

4. The maximum amount recoverable pursuant to this subsection is the amount needed in excess of all other available assets of the impaired or insolvent insurer to pay the contractual obligations of the impaired or insolvent insurer.

5. If any person liable under subsection 3 is insolvent, all its affiliates that controlled it at the time the dividend was paid are jointly and severally liable for any resulting deficiency in the amount recovered from the insolvent affiliate.
Nev. Rev. Stat. § 689B.029 — NV Code / Title 57 / Chapter 689B / Section 689B.029
Annual report regarding system for resolving complaints of insureds; insurer required to maintain records of and report complaints concerning something other than health care services
Status: in_force

1. Each insurer that issues a policy of group health insurance in this State shall submit to the Commissioner an annual report regarding its system for resolving complaints established pursuant to subsection 1 of NRS 689B.0285 on a form prescribed by the Commissioner which includes, without limitation: (a) A description of the procedures used for resolving any complaints of an insured; (b) The total number of complaints and appeals handled through the system for resolving complaints since the last report and a compilation of the causes underlying the complaints filed; (c) The current status of each complaint and appeal filed; and (d) The average amount of time that was needed to resolve a complaint and an appeal, if any.

2. Each insurer shall maintain records of complaints filed with it which concern something other than health care services and shall submit to the Commissioner a report summarizing such complaints at such times and in such format as the Commissioner may require.
Nev. Rev. Stat. § 696A.030 — NV Code / Title 57 / Chapter 696A / Section 696A.030
Acts constituting service
Status: in_force

Any act by a motor club for the purpose of rendering a service defined in this chapter constitutes such service, whether or not the service as defined is completed.
Nev. Rev. Stat. § 694C.115 — NV Code / Title 57 / Chapter 694C / Section 694C.115
“Participant contract” defined
Status: in_force

“ Participant contract ” means a contract by which a sponsored captive insurer insures the risks of a participant and limits the losses of each such participant to its pro rata share of the assets of one or more protected cells identified in the participant contract.
Nev. Rev. Stat. § 694C.147 — NV Code / Title 57 / Chapter 694C / Section 694C.147
“Sponsored captive insurer” defined
Status: in_force

“ Sponsored captive insurer ” means any captive insurer:

1. In which the minimum capital and surplus required by applicable law is provided by one or more sponsors;

2. That is formed or licensed pursuant to this chapter;

3. That only insures the risks of its participants through separate participant contracts; and

4. That funds the liability for each participant through one or more protected cells where the assets of each protected cell are segregated from the assets of other protected cells and the assets of the general account of the sponsored captive insurer.
Nev. Rev. Stat. § 692C.3522 — NV Code / Title 57 / Chapter 692C / Section 692C.3522
Filing requirements for exempt member of nonexempt insurance group
Status: in_force

If an insurer qualifies for an exemption pursuant to subsection 1 of NRS 692C.352 and the insurance group of which the insurer is a member does not qualify 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 must include every insurer within the insurance group. This requirement shall be deemed satisfied by the submission of more than one ORSA Summary Report for any combination of insurers, provided that any combination of reports includes every insurer within the insurance group.
Nev. Rev. Stat. § 690D.100 — NV Code / Title 57 / Chapter 690D / Section 690D.100
Applicability of provisions to certain transactions involving vehicles for commercial use
Status: in_force

1. The provisions of subsection 2 of NRS 690D.170, subsection 2 of NRS 690D.190 and NRS 690D.230 do not apply to a guaranteed asset protection waiver offered for sale or sold in connection with a lease or retail installment transaction to a buyer or lessor who purchases or leases the vehicle solely or primarily for commercial use or resale.

2. As used in this section, “ retail installment transaction ” has the meaning ascribed to it in NRS 97.115 .
Nev. Rev. Stat. § 688B.180 — NV Code / Title 57 / Chapter 688B / Section 688B.180
Application of dividends and rate reductions; applicability
Status: in_force

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

2. This section does not apply to debtor groups.
Nev. Rev. Stat. § 695B.1904 — NV Code / Title 57 / Chapter 695B / Section 695B.1904
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 contract for hospital, medical or dental services subject to the provisions of this chapter must include services provided to an insured through telehealth to the same extent as though provided in person or by other means.

2. A contract for hospital, medical or dental services 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. A medical services corporation that issues contracts for hospital, medical or dental services 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 contract for hospital, medical or dental services must not require an insured to obtain prior authorization for any service provided through telehealth that is not required for the service when provided in person. A contract for hospital, medical or dental services 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 a medical services corporation that issues contracts for hospital, medical or dental services 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 medical services corporation is not otherwise required by law to do so.

6. A contract for hospital, medical or dental services 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 contract 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. § 695G.175 — NV Code / Title 57 / Chapter 695G / Section 695G.175
Contracts for provision of emergency medical services, outpatient services or inpatient services with hospital or other facility that provides acute care in smaller city or county: Prohibited acts
Status: in_force

1. If a managed care organization contracts for the provision of emergency medical services, outpatient services or inpatient services with a hospital or other licensed health care facility that provides acute care and is located in a city whose population is less than 60,000 or a county whose population is less than 100,000, the managed care organization shall not: (a) Prohibit an insured from receiving services covered by the health care plan of the insured at that hospital or licensed health care facility if the services are provided by a provider of health care with whom the managed care organization has contracted for the provision of the services; (b) Refuse to provide coverage for services covered by the health care plan of an insured that are provided to the insured at that hospital or licensed health care facility if the services were provided by a provider of health care with whom the managed care organization has contracted for the provision of the services; (c) Refuse to pay a provider of health care with whom the managed care organization has contracted for the provision of services for providing services to an insured at that hospital or licensed health care facility if the services are covered by the health care plan of the insured; (d) Discourage a provider of health care with whom the managed care organization has contracted for the provision of services from providing services to an insured at that hospital or licensed health care facility that are covered by the health care plan of the insured; or (e) Offer or pay any type of material inducement, bonus or other financial incentive to a provider of health care: (1) To provide services to an insured that are covered by the health care plan of the insured at another hospital or licensed health care facility; or (2) Not to provide services to an insured at that hospital or licensed health care facility that are covered by the health care plan of the insured.

2. Nothing in this section prohibits a managed care organization from informing an insured that enhanced health care services are available at a hospital or licensed health care facility other than the hospital or licensed health care facility described in subsection 1 with which the managed care organization contracts for the provision of emergency medical services, outpatient services or inpatient services.
Nev. Rev. Stat. § 695B.19087 — NV Code / Title 57 / Chapter 695B / Section 695B.19087
Required provision concerning coverage for biomarker testing for diagnosis, treatment, management and monitoring of cancer in certain circumstances; establishment of process to request exception or appeal denial of coverage; time for responding to request for prior authorization
Status: in_force

1. Subject to the limitations prescribed by subsection 4, a hospital or medical service corporation that issues a policy of health insurance shall include in the policy coverage for medically necessary biomarker testing for the diagnosis, treatment, appropriate management and ongoing monitoring of cancer when such biomarker testing is supported by medical and scientific evidence. Such evidence includes, without limitation: (a) The labeled indications for a biomarker test or medication that has been approved or cleared by the United States Food and Drug Administration; (b) The indicated tests for a drug that has been approved by the United States Food and Drug Administration or the warnings and precautions included on the label of such a drug; (c) A national coverage determination or local coverage determination, as those terms are defined in 42 C.F.R. § 400.202 ; or (d) Nationally recognized clinical practice guidelines or consensus statements.

2. A hospital or medical service corporation shall: (a) Provide the coverage required by subsection 1 in a manner that limits disruptions in care and the need for multiple specimens. (b) Establish a clear and readily accessible process for an insured or provider of health care to: (1) Request an exception to a policy excluding coverage for biomarker testing for the diagnosis, treatment, management or ongoing monitoring of cancer; or (2) Appeal a denial of coverage for such biomarker testing; and (c) Make the process described in paragraph (b) available on an Internet website maintained by the hospital or medical service corporation.

3. If a hospital or medical service corporation requires an insured to obtain prior authorization for a biomarker test described in subsection 1, the hospital or medical service corporation shall respond to a request for such prior authorization: (a) Within 24 hours after receiving an urgent request; or (b) Within 72 hours after receiving any other request.

4. The provisions of this section do not require a hospital or medical service corporation to provide coverage of biomarker testing: (a) For screening purposes; (b) Conducted by a provider of health care for whom the biomarker testing is not within his or her scope of practice, training and experience; (c) Conducted by a provider of health care or a facility that does not participate in the network plan of the hospital or medical service corporation; or (d) That has not been determined to be medically necessary by a provider of health care for whom such a determination is within his or her scope of practice, training and experience.

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

6. As used in this section: (a) “ Biomarker ” means a characteristic that is objectively measured and evaluated as an indicator of a normal biological process, a pathogenic process or a pharmacological response to a specific therapeutic intervention and includes, without limitation: (1) An interaction between a gene and a drug that is being used by or considered for use by the patient; (2) A mutation or characteristic of a gene; and (3) The expression of a protein. (b) “ Biomarker testing ” means the analysis of the tissue, blood or other biospecimen of a patient for the presentation of a biomarker and includes, without limitation, single-analyte tests, multiplex panel tests and whole genome, whole exome and whole transcriptome sequencing. (c) “ Consensus statement ” means a statement aimed at a specific clinical circumstance that is: (1) Made for the purpose of optimizing the outcomes of clinical care; (2) Made by an independent, multidisciplinary panel of experts that has established a policy to avoid conflicts of interest; (3) Based on scientific evidence; and (4) Made using a transparent methodology and reporting procedure. (d) “ Medically necessary ” means health care services or products that a prudent provider of health care would provide to a patient to prevent, diagnose or treat an illness, injury or disease, or any symptoms thereof, that are necessary and: (1) Provided in accordance with generally accepted standards of medical practice; (2) Not primarily provided for the convenience of the patient or provider of health care; and (3) Significant in guiding and informing the provider of health care in providing the most appropriate course of treatment for the patient in order to prevent, delay or lessen the magnitude of an adverse health outcome. (e) “ Nationally recognized clinical practice guidelines ” means evidence-based guidelines establishing standards of care that include, without limitation, recommendations intended to optimize care of patients and are: (1) Informed by a systemic review of evidence and an assessment of the risks and benefits of alternative options for care; and (2) Developed using a transparent methodology and reporting procedure by an independent organization or society of medical professionals that has established a policy to avoid conflicts of interest. (f) “ Network plan ” means a policy of health insurance offered by a hospital or medical service corporation 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 hospital or medical service corporation. The term does not include an arrangement for the financing of premiums. (g) “ Provider of health care ” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 689A.0415 — NV Code / Title 57 / Chapter 689A / Section 689A.0415
Coverage for hormone replacement therapy in certain circumstances required in policy covering prescription drugs or devices; prohibited acts; exception
Status: in_force

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

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

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

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

5. As used in this section, “provider of health care” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 695B.130 — NV Code / Title 57 / Chapter 695B / Section 695B.130
Certificate of authority: Application; issuance
Status: in_force

1. An application for a certificate of authority must be filed with the Commissioner in writing by the corporation for medical service which is applying for the certificate on forms furnished or accepted by the Commissioner. The application must set forth such information concerning the applicant and its qualifications and in other respects as the Commissioner may reasonably require.

2. The application must be accompanied by: (a) A copy of the applicant's charter or articles of incorporation, certified by the public officer with whom the original is required to be filed in its state of domicile; (b) A copy of the applicant's bylaws, certified by the corporate secretary; (c) A copy of each contract the applicant has made or proposed to make with hospitals, or physicians or dentists in this state; (d) A copy of each service contract proposed to be issued to its subscribers in this state; (e) The schedule of the rates, dues, fees or other periodical charges proposed to be charged for such service contracts; and (f) All applicable fees for an initial application and the issuance of a certificate of authority.

3. If upon completion of the application the Commissioner determines that the applicant is fully qualified and entitled to a certificate of authority under this chapter, the Commissioner shall promptly issue a certificate of authority to the applicant. If the Commissioner refuses to issue the certificate of authority, the Commissioner shall give the applicant written notice of the refusal setting forth the grounds therefor.
Nev. Rev. Stat. § 686C.095 — NV Code / Title 57 / Chapter 686C / Section 686C.095
“Insolvent insurer” defined
Status: in_force

“ Insolvent insurer ” means a member insurer which is ordered to liquidate by a court of competent jurisdiction after a finding of insolvency.
Nev. Rev. Stat. § 689A.590 — NV Code / Title 57 / Chapter 689A / Section 689A.590
“Producer” defined
Status: in_force

“Producer” means an agent or broker licensed pursuant to this title.
Nev. Rev. Stat. § 689A.110 — NV Code / Title 57 / Chapter 689A / Section 689A.110
Claim forms: Proofs of loss
Status: in_force

There shall be a provision as follows:

Proofs of Loss: Written proof of loss must be furnished to the insurer at its office in case of claim for loss for which this policy provides any periodic payment contingent upon continuing loss within 90 days after the termination of the period for which the insurer is liable and in case of claim for any other loss within 90 days after the date of such loss. Failure to furnish such proof within the time required shall not invalidate nor reduce any claim if it was not reasonably possible to give proof within such time, provided such proof is furnished as soon as reasonably possible and in no event, except in the absence of legal capacity, later than 1 year from the time proof is otherwise required.
Nev. Rev. Stat. § 687B.650 — NV Code / Title 57 / Chapter 687B / Section 687B.650
“Participating provider of health care” defined
Status: in_force

“ Participating provider of health care ” means a provider of health care who, under a contract with a health carrier, has agreed to provide health care services to covered persons pursuant to a network plan with an expectation of receiving payment, other than coinsurance, copayments or deductibles, directly or indirectly from the health carrier.
Nev. Rev. Stat. § 692B.040 — NV Code / Title 57 / Chapter 692B / Section 692B.040
Solicitation permit required; penalty
Status: in_force

1. A person forming or proposing to form a domestic insurer, or insurance holding corporation thereof, or corporation to be attorney-in-fact for a domestic reciprocal insurer, or proposing to secure funds for the formation or financing of a domestic insurer, or production of insurance business therefor, or for an insurance holding corporation holding or proposing to hold securities of a domestic insurer, or for an attorney-in-fact corporation of a domestic reciprocal insurer, or for the formation or financing of a syndicate, association, firm, partnership or organization for any such purposes, shall not in this state advertise or offer for sale any securities or policies, or solicit or receive any funds, subscriptions, applications, premiums or memberships, except as authorized by a currently effective permit, in this chapter sometimes referred to as a “solicitation permit,” issued by the Commissioner.

2. A person who violates the provisions of this section is guilty of a category D felony and shall be punished as provided in NRS 193.130 .
Nev. Rev. Stat. § 682A.454 — NV Code / Title 57 / Chapter 682A / Section 682A.454
Derivative transactions: Limitations on income generation transactions
Status: in_force

An insurer may only enter into the following types of income generation transactions if, as a result of and after giving effect to the transactions, the aggregate statement value of the fixed income assets that are subject to call or which generate the cash flows for payments under the caps or floors, plus the face value of fixed income securities underlying a derivative instrument subject to call, plus the amount of the purchase obligations under the puts, does not exceed 10 percent of its admitted assets:

1. Sales of covered call options on noncallable fixed income securities, callable fixed income securities if the option expires by its terms before the end of the noncallable period or derivative instruments based on fixed income securities;

2. Sales of covered call options on equity securities, if the insurer holds in its portfolio, or can immediately acquire through the exercise of options, warrants or conversion rights already owned, the equity securities subject to call during the complete term of the call option sold;

3. Sales of covered puts on investments that the insurer is allowed to acquire pursuant to this chapter, if the insurer has escrowed, or entered into a custodian agreement segregating, cash or cash equivalents with a market value equal to the amount of its purchase obligations under the put during the complete term of the put option sold; or

4. Sales of covered caps or floors, if the insurer holds in its portfolio the investments generating the cash flow to make the required payments under the caps or floors during the complete term that the cap or floor is outstanding.
Nev. Rev. Stat. § 697.070 — NV Code / Title 57 / Chapter 697 / Section 697.070
“General agent” defined
Status: in_force

1. “ General agent ” means any individual or person appointed by an insurer to supervise or manage the bail bond business written by bail agents of such insurer.

2. A general agent shall not solicit or negotiate undertakings of bail or bail bonds unless licensed as a bail agent by this state.
Nev. Rev. Stat. § 686A.640 — NV Code / Title 57 / Chapter 686A / Section 686A.640
“Consumer reporting agency” defined
Status: in_force

“ Consumer reporting agency ” means any person which, for monetary fees, dues or on a cooperative nonprofit basis, regularly engages in whole or in part in the practice of assembling or evaluating consumer credit information or other information on consumers for the purpose of furnishing consumer credit reports to third parties.
Nev. Rev. Stat. § 689A.048 — NV Code / Title 57 / Chapter 689A / Section 689A.048
Treatment by licensed psychologist
Status: in_force

If any policy of health insurance 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. § 682A.205 — NV Code / Title 57 / Chapter 682A / Section 682A.205
“Special rated credit instrument” defined
Status: in_force

“ Special rated credit instrument ” means a rated credit instrument that meets the requirements of NRS 682A.295 .
Nev. Rev. Stat. § 689A.635 — NV Code / Title 57 / Chapter 689A / Section 689A.635
Coverage offered through network plan not required to be offered to person who does not reside or work in geographic service area or geographic rating area
Status: in_force

1. An individual carrier that offers coverage through a network plan is not required pursuant to NRS 689A.630 to offer coverage to or accept an application from a person if the person does not reside or work in the geographic service area or in a geographic rating area, provided that the coverage is refused or terminated uniformly without regard to any health status-related factor of any eligible person.

2. As used in this section, “ network plan ” means a health benefit plan offered by a health carrier under which the financing and delivery of medical care is provided, in whole or in part, through a defined set of providers under contract with the carrier. The term does not include an arrangement for the financing of premiums.
Nev. Rev. Stat. § 681B.050 — NV Code / Title 57 / Chapter 681B / Section 681B.050
Reserves for losses from casualty insurance; regulations
Status: in_force

1. As to casualty insurance transacted by it, each insurer shall maintain at all times reserves in an amount estimated in the aggregate to provide for payment of all losses and claims incurred, whether reported or unreported, which are unpaid and for which the insurer may be liable and to provide for the expenses of adjustment or settlement of losses and claims. The reserves must be computed in accordance with regulations adopted from time to time by the Commissioner upon reasonable consideration of the ascertained experience and the character of such kind of business for the purpose of adequately protecting the insured and the solvency of the insurer.

2. Whenever the loss and loss expense experience of the insurer show that reserves, calculated in accordance with those regulations, are inadequate, the Commissioner may require the insurer to maintain additional reserves.

3. The Commissioner may, by regulation, prescribe the manner and form of reporting pertinent information concerning the reserves provided for in this section.
Nev. Rev. Stat. § 692A.023 — NV Code / Title 57 / Chapter 692A / Section 692A.023
“Commitment to insure” and “preliminary report of title” defined
Status: in_force

“ Commitment to insure ” or “ preliminary report of title ” means a report furnished in connection with an application for title insurance which constitutes an offer to issue a policy of title insurance subject to the terms, conditions and exceptions stated in the report, but which does not constitute a representation as to the condition of the title to real property. The term does not include an abstract of title.
Nev. Rev. Stat. § 679B.550 — NV Code / Title 57 / Chapter 679B / Section 679B.550
Duties of Division
Status: in_force

The Division shall:

1. Establish a toll-free telephone service for receiving inquiries and complaints from consumers of health care in this State concerning health care plans;

2. Provide answers to inquiries of consumers of health care concerning health care plans, or refer the consumers to the appropriate agency, department or other entity that is responsible for addressing the specific type of inquiry;

3. Refer consumers of health care to the appropriate agency, department or other entity that is responsible for addressing the specific type of complaint of the consumer;

4. Provide counseling and assistance to consumers of health care concerning health care plans;

5. Educate consumers of health care concerning health care plans in this State; and

6. Take such actions as are necessary to ensure public awareness of the existence and purpose of the services provided by the Division pursuant to this section.
Nev. Rev. Stat. § 695G.420 — NV Code / Title 57 / Chapter 695G / Section 695G.420
Managed care organization prohibited from offering or paying financial incentive to provider to deny, reduce, withhold, limit or delay medically necessary services
Status: in_force

1. A managed care organization shall not 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 specific medically necessary health care services to an insured.

2. Nothing in this section prohibits an arrangement for payment between a managed care organization and a provider of health care that uses capitation or other financial incentives, if the arrangement is designed to provide an incentive to the provider of health care to use health care services effectively and consistently in the best interest of the health care of the insured.
Nev. Rev. Stat. § 690B.210 — NV Code / Title 57 / Chapter 690B / Section 690B.210
“Claims-made policy” defined
Status: in_force

“ Claims-made policy ” means a policy of professional liability insurance that provides coverage only for claims that arise from incidents or events which occur while the policy is in force and which are reported to the insurer while the policy is in force.
Nev. Rev. Stat. § 685A.110 — NV Code / Title 57 / Chapter 685A / Section 685A.110
Liability of insurer
Status: in_force

1. As to a surplus lines risk which has been assumed by an unauthorized insurer pursuant to the Nonadmitted Insurance Law, and if the premium thereon has been received by the surplus lines broker who placed such insurance, in all questions thereafter arising under the coverage between the insurer and the insured the insurer shall be deemed to have received the premium due to it for such coverage; and the insurer shall be liable to the insured for losses covered by such insurance, and for unearned premiums which may become payable to the insured upon cancellation of such insurance, whether or not in fact the broker is indebted to the insurer with respect to such insurance or for any other cause.

2. Each unauthorized insurer assuming a surplus lines risk under the Nonadmitted Insurance Law shall be deemed thereby to have subjected itself to the terms of this section.
Nev. Rev. Stat. § 691E.270 — NV Code / Title 57 / Chapter 691E / Section 691E.270
Entitlement to compensation for authorized activities
Status: in_force

A travel retailer who is listed on the register maintained by a producer of limited lines travel insurance pursuant to NRS 691E.220 and who limits his or her activities and those of his or her employees or authorized representatives to offering and disseminating travel insurance on behalf of and under the direction of the producer of limited lines travel insurance in accordance with the provisions of this chapter is entitled to receive compensation relating to those activities.
Nev. Rev. Stat. § 690C.210 — NV Code / Title 57 / Chapter 690C / Section 690C.210
Requirements of contractual liability insurance policy; holder authorized to apply to issuer of policy for performance in certain circumstances
Status: in_force

1. A contractual liability insurance policy issued in this state must provide that the issuer of the policy shall: (a) Reimburse or pay on behalf of the provider any money the provider has a duty to pay under a service contract; or (b) Otherwise provide for the performance of the duties of the provider under a service contract.

2. If a provider fails to perform his or her duties under a service contract within 60 days after receiving notice from the holder that the goods described in the contract are defective, the holder may apply to the issuer of the contractual liability insurance policy for performance of the duties of the provider under the service contract.
Nev. Rev. Stat. § 695G.172 — NV Code / Title 57 / Chapter 695G / Section 695G.172
Plan covering prescription drugs: Denial of coverage prohibited for early refills of otherwise covered topical ophthalmic products
Status: in_force

1. A managed care 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 managed care organization when the insured, 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 authorized or required pursuant to 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. § 681B.360 — NV Code / Title 57 / Chapter 681B / Section 681B.360
Principle-based valuation: Requirements; applicability
Status: in_force

1. An applicable company using a principle-based valuation for one or more policies or contracts subject to this chapter, and as specified in the Valuation Manual , shall: (a) Establish procedures for corporate governance and oversight of the actuarial valuation function consistent with those described in the Valuation Manual . (b) Provide to the Commissioner, and the company's board of directors, an annual certification of the effectiveness of the internal controls with respect to the principle-based valuation. Such controls must be designed to ensure that all material risks inherent in the liabilities and associated assets subject to such valuation are included in the valuation, and that valuations are made pursuant to the Valuation Manual . The certification must be based on the controls in place as of the end of the preceding calendar year. (c) Develop and, upon request, provide to the Commissioner a principle-based valuation report that complies with the standards prescribed in the Valuation Manual .

2. Except as otherwise provided in NRS 681B.310 , the provisions of this section apply only on or after the operative date of the Valuation Manual .
Nev. Rev. Stat. § 689A.0419 — NV Code / Title 57 / Chapter 689A / Section 689A.0419
Coverage for certain services, screenings and tests relating to wellness required; 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) Counseling, support and supplies for breastfeeding, including breastfeeding equipment, counseling and education during the antenatal, perinatal and postpartum period for not more than 1 year; (b) Screening and counseling for interpersonal and domestic violence for women at least annually with intervention services consisting of education, strategies to reduce harm, supportive services or a referral for any other appropriate services; (c) Behavioral counseling concerning sexually transmitted diseases from a provider of health care for sexually active women who are at increased risk for such diseases; (d) Such prenatal screenings and tests as recommended by the American College of Obstetricians and Gynecologists or its successor organization; (e) Screening for blood pressure abnormalities and diabetes, including gestational diabetes, after at least 24 weeks of gestation or as ordered by a provider of health care; (f) Screening for cervical cancer at such intervals as are recommended by the American College of Obstetricians and Gynecologists or its successor organization; (g) Screening for depression; (h) Screening and counseling for the human immunodeficiency virus consisting of a risk assessment, annual education relating to prevention and at least one screening for the virus during the lifetime of the insured or as ordered by a provider of health care; (i) Smoking cessation programs for an insured who is 18 years of age or older consisting of not more than two cessation attempts per year and four counseling sessions per year; (j) All vaccinations recommended by the Advisory Committee on Immunization Practices of the Centers for Disease Control and Prevention of the United States Department of Health and Human Services or its successor organization; and (k) Such well-woman preventative visits as recommended by the Health Resources and Services Administration, which must include at least one such visit per year beginning at 14 years of age.

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

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

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

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

6. As used in this section: (a) “ Medical management technique ” means a practice which is used to control the cost or utilization of health care services or prescription drug use. The term includes, without limitation, the use of step therapy, prior authorization or categorizing drugs and devices based on cost, type or method of administration. (b) “ Network plan ” means a 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) “Provider of health care” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 689B.0374 — NV Code / Title 57 / Chapter 689B / Section 689B.0374
Required provision concerning coverage for certain screenings and tests for breast cancer; prohibited acts
Status: in_force

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

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

3. Except as otherwise provided in subsection 5, an insurer that offers or issues a policy of group health insurance shall not: (a) Except as otherwise provided in subsection 6, require an insured to pay a deductible, copayment, coinsurance or any other form of cost-sharing or require a longer waiting period or other condition to obtain any benefit provided in the policy of group health insurance pursuant to subsection 1; (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 any such benefit; (c) Offer or pay any type of material inducement or financial incentive to an insured to discourage the insured from obtaining any such benefit; (d) Penalize a provider of health care who provides any such benefit to an insured, including, without limitation, reducing the reimbursement of the provider of health care; (e) Offer or pay any type of material inducement, bonus or other financial incentive to a provider of health care to deny, reduce, withhold, limit or delay access to any such benefit to an insured; or (f) Impose any other restrictions or delays on the access of an insured to any such benefit.

4. A policy subject to the provisions of this chapter which is delivered, issued for delivery or renewed on or after January 1, 2024, has the legal effect of including the coverage required by subsection 1, and any provision of the policy or the renewal which is in conflict with this section is void.

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

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

7. As used in this section: (a) “ Medical management technique ” means a practice which is used to control the cost or utilization of health care services or prescription drug use. The term includes, without limitation, the use of step therapy, prior authorization or categorizing drugs and devices based on cost, type or method of administration. (b) “ Network plan ” means a policy of group 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) “ Provider of health care ” has the meaning ascribed to it in NRS 629.031 . (d) “ Qualified policy of group health insurance ” means a policy of group health insurance that has a high deductible and is in compliance with 26 U.S.C. § 223 for the purposes of establishing a health savings account.
Nev. Rev. Stat. § 695F.440 — NV Code / Title 57 / Chapter 695F / Section 695F.440
Effect of eligibility for medical assistance under Medicaid; assignment of rights to state agency
Status: in_force

1. An organization shall not, when considering eligibility for coverage or making payments under any evidence of coverage, 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 prepaid limited health service organization: (a) Shall treat Medicaid as having a valid and enforceable assignment of benefits due a subscriber or claimant under the subscriber regardless of any exclusion of Medicaid or the absence of a written assignment; and (b) May, as otherwise allowed by its evidence of coverage or contract and applicable law or regulation concerning subrogation, seek to enforce any rights of a recipient of Medicaid against any other liable party if: (1) It is so authorized pursuant to a contract with Medicaid for managed care; or (2) It has reimbursed Medicaid in full for the health care provided by Medicaid to its subscriber.

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 any evidence of coverage, the prepaid limited health service organization that issued the evidence of coverage shall not impose any requirements upon the state agency except requirements it imposes upon the agents or assignees of other persons covered by any evidence of coverage.

4. If a state agency is assigned any rights of a subscriber who is eligible for medical assistance under Medicaid, a prepaid limited health service organization shall: (a) Upon request of the state agency, provide to the state agency information regarding the subscriber to determine: (1) Any period during which the subscriber, the spouse or a dependent of the subscriber may be or may have been covered by the organization; and (2) The nature of the coverage that is or was provided by the organization, including, without limitation, the name and address of the subscriber and the identifying number of the evidence of coverage; (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. § 695B.190 — NV Code / Title 57 / Chapter 695B / Section 695B.190
Family contracts
Status: in_force

Family hospital or family medical or dental service contracts may be issued to a family consisting of an individual and one or more persons dependent upon the individual, or of one or more persons dependent upon an individual, and may include a spouse of the individual, whether or not dependent upon the individual. Such contracts shall contain a provision to the effect that to the family originally covered may be added from time to time all new members of the family group eligible for coverage and that the head of the family shall give the corporation notice of the addition to the family of any person eligible for coverage under the contracts.
Nev. Rev. Stat. § 695K.050 — NV Code / Title 57 / Chapter 695K / Section 695K.050
“Director” defined
Status: in_force

<Section effective Jan. 1, 2026.>

“ Director ” means the Director of the Department of Health and Human Services.
Nev. Rev. Stat. § 681A.390 — NV Code / Title 57 / Chapter 681A / Section 681A.390
“Retrocessionaire” defined
Status: in_force

“Retrocessionaire” means the assuming reinsurer in a retrocession.
Nev. Rev. Stat. § 691C.400 — NV Code / Title 57 / Chapter 691C / Section 691C.400
Claims
Status: in_force

1. All claims must be promptly reported to the insurer or its designated claim representative, and the insurer shall maintain adequate files on all reported claims. All claims must be settled as soon as practicable and in accordance with the terms of the insurance contract.

2. All claims must be paid by draft drawn upon the insurer, by electronic funds transfer or by check of the insurer to the order of: (a) The claimant to whom payment of the claim is due pursuant to the provisions of the policy; or (b) Any other person designated by the claimant to whom payment is due.
Nev. Rev. Stat. § 689C.325 — NV Code / Title 57 / Chapter 689C / Section 689C.325
Coverage offered through network plan not required to be offered to eligible employee who does not reside or work in geographic service area or if carrier lacks capacity to deliver adequate service to additional employers and employees
Status: in_force

A carrier that offers coverage through a network plan is not required to offer coverage to or accept any applications for coverage from the eligible employees of a small employer pursuant to NRS 689C.310 and 689C.320 if:

1. The eligible employees do not reside or work in the geographic service area of the network plan.

2. For a small employer whose eligible employees reside or work in the geographic service area of the network plan, the carrier demonstrates to the satisfaction of the Commissioner that the carrier does not have the capacity to deliver adequate service to additional small employers and eligible employees because of the existing obligations of the carrier. If a carrier is authorized by the Commissioner not to offer coverage pursuant to this subsection, the carrier shall not thereafter offer coverage to additional small employers and eligible employees within that geographic service area until the carrier demonstrates to the satisfaction of the Commissioner that it has regained the capacity to deliver adequate service to additional small employers and eligible employees within that service area.
Nev. Rev. Stat. § 683A.373 — NV Code / Title 57 / Chapter 683A / Section 683A.373
Submission of annual list to Office for Consumer Health Assistance
Status: in_force

As soon as practicable after preparing an annual list of independent review organizations pursuant to subsection 9 of NRS 683A.3715 , the Commissioner shall submit a copy of the list to the Office for Consumer Health Assistance. If a change occurs in the list, the Commissioner shall notify the Office for Consumer Health Assistance of the change.
Nev. Rev. Stat. § 692C.340 — NV Code / Title 57 / Chapter 692C / Section 692C.340
Exemptions
Status: in_force

The provisions of NRS 692C.260 to 692C.350 , inclusive, shall not apply to any insurer, information or transaction if and to the extent that the Commissioner by rule, regulation or order shall exempt the same from the provisions of NRS 692C.260 to 692C.350 , inclusive.
Nev. Rev. Stat. § 689B.0367 — NV Code / Title 57 / Chapter 689B / Section 689B.0367
Required provision in policy covering treatment of colorectal cancer concerning coverage for colorectal cancer screening
Status: in_force

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

2. A policy of group health insurance subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after October 1, 2003, has the legal effect of including the coverage required by this section, and any provision of the policy that conflicts with the provisions of this section is void.
Nev. Rev. Stat. § 679A.117 — NV Code / Title 57 / Chapter 679A / Section 679A.117
“Producer of insurance” defined
Status: in_force

“ Producer of insurance ” means a person required to be licensed under the laws of this state to sell, solicit or negotiate insurance.
Nev. Rev. Stat. § 687B.884 — NV Code / Title 57 / Chapter 687B / Section 687B.884
Policy form for policy of provider stop-loss insurance: Filing; approval; requirements; accompanying certification
Status: in_force

1. A policy form for a policy of provider stop-loss insurance which is intended for issue in this State must be filed with and approved by the Commissioner pursuant to NRS 687B.120 before being delivered or issued for delivery. In addition to any other applicable requirements, the policy form must satisfy the following requirements: (a) The policy of provider stop-loss insurance must be issued to and insure the provider of health care or the network which enters into the policy. (b) Payments by the insurer under the policy of provider stop-loss insurance must be made to the provider of health care or the network which enters into the policy. (c) The policy of provider stop-loss insurance must provide: (1) An attachment point per claimant of at least $10,000; and (2) An aggregate attachment point of at least $100,000 per calendar year. (d) The policy of provider stop-loss insurance must require that the proof of loss be furnished to the insurer within 90 days after: (1) The date the loss is incurred; or (2) Any date provided in the policy which is later than the date the loss is incurred.

2. A policy form filed with the Commissioner for approval as required by subsection 1 must be accompanied by a separate document certifying that each of the requirements specified in paragraphs (a) to (d), inclusive, of subsection 1 have been met.
Nev. Rev. Stat. § 683A.365 — NV Code / Title 57 / Chapter 683A / Section 683A.365
Authorization by business organization of another producer to transact business on its behalf: Notification to Commissioner of authorization and termination of authorization
Status: in_force

1. A business organization which is licensed as a producer of insurance and which authorizes another producer of insurance to transact business on its behalf shall notify the Commissioner within 15 days after the effective date of the authorization in the manner prescribed by the Commissioner.

2. A business organization which is licensed as a producer of insurance and which terminates the authorization of a producer of insurance for any reason shall notify the Commissioner within 30 days after the effective date of the termination in the manner prescribed by the Commissioner. The business organization shall provide additional information or documents if so requested in writing by the Commissioner.

3. If the reason for termination is an activity described in NRS 683A.451 as a cause for disciplinary action or the business organization knows that the producer of insurance has been found to have engaged in such an activity by a court, governmental agency or self-regulatory organization authorized by law, the business organization shall notify the Commissioner, in the manner prescribed by the Commissioner, if the business organization discovers additional information that would have been reportable originally to the Commissioner if the business organization had then known it.
Nev. Rev. Stat. § 687A.040 — NV Code / Title 57 / Chapter 687A / Section 687A.040
Creation; membership; operation
Status: in_force

There is hereby created a nonprofit unincorporated legal entity to be known as the Nevada Insurance Guaranty Association. All member insurers must be members of the Association as a condition of their authority to transact insurance in this state. The Association shall perform its functions under a plan of operation established and approved pursuant to NRS 687A.070 and shall exercise its powers through a Board of Directors established under NRS 687A.050 .
Nev. Rev. Stat. § 697.330 — NV Code / Title 57 / Chapter 697 / Section 697.330
Bail agent required to return premium and not entitled to fees if defendant surrendered to custody before required time
Status: in_force

If a bail agent, without good cause, causes the surrender of a defendant to custody before the time specified in the undertaking of bail or the bail bond for the appearance of the defendant, or before any other occasion where the presence of the defendant in court is lawfully required:

1. The premium is returnable in full; and

2. The bail agent is not entitled to collect any fees related to the improper surrender.
Nev. Rev. Stat. § 694C.460 — NV Code / Title 57 / Chapter 694C / Section 694C.460
Account for the Regulation and Supervision of Captive Insurers: Creation; uses; deposits; transfers to agency for economic development; administrative expenses; transfers to State General Fund; warrants by State Controller on receipts
Status: in_force

1. There is hereby created in the Fund for Insurance Administration and Enforcement created by NRS 680C.100 an Account for the Regulation and Supervision of Captive Insurers. Money in the Account must be used only to carry out the provisions of this chapter or for any other purpose authorized by the Legislature. Except as otherwise provided in NRS 680C.110 and 694C.450 , all fees and assessments received by the Commissioner or Division pursuant to this chapter must be credited to the Account. Not more than 2 percent of the tax collected and deposited in the Account pursuant to NRS 694C.450 , may, upon application by the Division or an agency for economic development to, and with the approval of, the Interim Finance Committee, be transferred to an agency for economic development to be used by that agency to promote the industry of captive insurance in this State.

2. Except as otherwise provided in this section, all payments from the Account for the maintenance of staff and associated expenses, including contractual services, as necessary, must be disbursed from the State Treasury only upon warrants issued by the State Controller, after receipt of proper documentation of the services rendered and expenses incurred.

3. At the end of each fiscal year, that portion of the balance in the Account which exceeds $500,000 must be transferred to the State General Fund.

4. The State Controller may anticipate receipts to the Account and issue warrants based thereon.