Nev. Rev. Stat. § 689B.070 — NV Code / Title 57 / Chapter 689B / Section 689B.070
“Blanket accident and health insurance” defined
Status: in_force

“Blanket accident and health insurance” is that form of accident insurance, health insurance, or both, covering groups of persons as enumerated in one of the following subsections under a policy or contract issued to:

1. Any common carrier or to any operator, owner or lessee of a means of transportation, who or which shall be deemed the policyholder, covering a group of persons who may become passengers defined by reference to their travel status on the common carrier or means of transportation.

2. An employer, who shall be deemed the policyholder, covering any group of employees, dependents or guests, defined by reference to specified hazards incident to an activity or activities or operations of the policyholder.

3. A college, school or other institution of learning, a school district or districts, or school jurisdictional unit, or to the head, principal or governing board of any such educational unit, who or which shall be deemed the policyholder, covering students, teachers or employees.

4. A religious, charitable, recreational, educational or civic organization, or branch thereof, which shall be deemed the policyholder, covering any group of members or participants defined by reference to specified hazards incident to an activity or activities or operations sponsored or supervised by the policyholder.

5. A sports team, camp or sponsor thereof, which shall be deemed the policyholder, covering members, campers, employees, officials or supervisors.

6. A volunteer fire department, organization providing first aid, organization for emergency management or other such volunteer organization, which shall be deemed the policyholder, covering any group of members or participants defined by reference to specified hazards incident to an activity or activities or operations sponsored or supervised by the policyholder.

7. A newspaper or other publisher, which shall be deemed the policyholder, covering its carriers.

8. An association, including a labor union, which has a constitution and bylaws and which has been organized and is maintained in good faith for purposes other than that of obtaining insurance, which shall be deemed the policyholder, covering any group of members or participants defined by reference to specified hazards incident to an activity or activities or operations sponsored or supervised by the policyholder.

9. Cover any other risk or class of risks which, in the discretion of the Commissioner, may be properly eligible for blanket accident and health insurance. The discretion of the Commissioner may be exercised on the basis of an individual risk or class of risks, or both.
Nev. Rev. Stat. § 695G.168 — NV Code / Title 57 / Chapter 695G / Section 695G.168
Required provision in plan covering treatment of colorectal cancer concerning coverage for colorectal cancer screening
Status: in_force

1. A health care plan issued by a managed care organization 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. An evidence of coverage for a health care plan 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 evidence of coverage that conflicts with the provisions of this section is void.
Nev. Rev. Stat. § 687B.190 — NV Code / Title 57 / Chapter 687B / Section 687B.190
Delivery of policy covering motor vehicle: Vendor, mortgagee or pledgee required to deliver duplicate to vendee, mortgagor or pledgor; stamped statement regarding certain lack of coverage; exception
Status: in_force

1. If the original policy is delivered or is so required to be delivered to or for deposit with any vendor, mortgagee or pledgee of any motor vehicle, in which policy any interest of the vendee, mortgagor or pledgor in or with reference to such vehicle is insured, a duplicate of such policy setting forth the name and address of the insurer, insurance classification of vehicle, type of coverage, limits of liability, premiums for the respective coverages and duration of the policy, or memorandum thereof containing the same such information, shall be delivered by the vendor, mortgagee or pledgee to each such vendee, mortgagor or pledgor named in the policy or coming within the group of persons designated in the policy to be so included. If the policy does not provide coverage of legal liability for injury to persons or damage to the property of third parties, a statement of such fact shall be printed, written or stamped conspicuously on the face of such duplicate policy or memorandum.

2. This section does not apply to inland marine floater policies.
Nev. Rev. Stat. § 687B.310 — NV Code / Title 57 / Chapter 687B / Section 687B.310
Cancellations and nonrenewals; scope of application
Status: in_force

1. NRS 687B.310 to 687B.420 , inclusive, apply to all binders and all contracts of insurance the general terms of which are required to be approved or are subject to disapproval by the Commissioner, except as otherwise provided by statute or by rule pursuant to subsection 3.

2. The contract may provide terms more favorable to policyholders than are required by NRS 687B.310 to 687B.420 , inclusive.

3. The Commissioner may by rule exempt from NRS 687B.310 to 687B.420 , inclusive, classes of insurance contracts where the policyholders do not need protection against arbitrary termination.

4. The rights provided by NRS 687B.310 to 687B.420 , inclusive, are in addition to and do not prejudice any other rights the policyholder may have at common law or under other statutes.

5. NRS 687B.310 to 687B.420 , inclusive, do not prevent the rescission or reformation of any life or health insurance contract not otherwise denied by the terms of the contract or by any other statute.

6. Any notice to an insured required pursuant to NRS 687B.320 to 687B.350 , inclusive, must be personally delivered to the insured or mailed first class or certified to the insured at the address of the insured last known by the insurer. The notice must state the effective date of the cancellation or nonrenewal and be accompanied by a written explanation of the specific reasons for the cancellation or nonrenewal.
Nev. Rev. Stat. § 683A.183 — NV Code / Title 57 / Chapter 683A / Section 683A.183
“Rental agreement” defined
Status: in_force

“Rental agreement” has the meaning ascribed to it in NRS 108.4745 .
Nev. Rev. Stat. § 695G.247 — NV Code / Title 57 / Chapter 695G / Section 695G.247
Requests for external review to be in writing; exception; form and content
Status: in_force

1. Except for a request for an expedited external review as set forth in NRS 695G.271 or 695G.275 , all requests for external review must be made in writing to the Office for Consumer Health Assistance.

2. The Commissioner may prescribe by regulation the form and content of requests for external review required to be submitted pursuant to this section.

3. A covered person or the covered person's authorized representative may submit a request for an external review of an adverse determination.
Nev. Rev. Stat. § 682B.080 — NV Code / Title 57 / Chapter 682B / Section 682B.080
Excess deposits
Status: in_force

1. If assets deposited by an insurer under NRS 682B.010 to 682B.120 , inclusive, are subject to material fluctuations in market value, the Commissioner may, in his or her discretion, require the insurer to deposit and maintain on deposit additional assets in an amount reasonably necessary to assure that the deposit at all times has a market value of not less than the amount specified under the law by which the deposit is required.

2. An insurer may otherwise at its option deposit assets in an amount exceeding its deposit required or otherwise permitted under this Code by not more than 20 percent of such required or permitted deposit, or $20,000, whichever is the larger amount, for the purpose of absorbing fluctuations in the value of assets deposited and to facilitate exchange and substitution of such assets. During the solvency of the insurer, any such excess shall be released to the insurer upon its request. During the insolvency of the insurer, such excess deposit shall be released only as provided in subsection 3 of NRS 682B.120 .
Nev. Rev. Stat. § 689.345 — NV Code / Title 57 / Chapter 689 / Section 689.345
Prepaid contracts: Net purchase price required to be available upon notice by buyer, estate or heirs of intent to terminate
Status: in_force

The net purchase price of the preneed contract shall be available to the buyer or the estate or heirs of the buyer at any time prior to performing the service described in the preneed contract upon written notice to the seller and trustee of the intent of the buyer or the estate or heirs of the buyer to terminate the preneed contract and withdraw trust funds attributable to the buyer.
Nev. Rev. Stat. § 695B.1955 — NV Code / Title 57 / Chapter 695B / Section 695B.1955
Reimbursement for treatment by licensed clinical alcohol and drug counselor
Status: in_force

If any contract for hospital or medical service provides coverage for treatment of an illness which is within the authorized scope of 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. § 687A.020 — NV Code / Title 57 / Chapter 687A / Section 687A.020
Applicability
Status: in_force

Except as otherwise provided in subsection 5 of NRS 695E.200 , this chapter applies to all direct insurance, except:

1. Life, annuity, health or disability insurance;

2. Mortgage guaranty, financial guaranty or other forms of insurance offering protection against investment risks;

3. Fidelity or surety bonds or any other bonding obligations;

4. Credit insurance as defined in NRS 690A.015 , vendors' single interest insurance, collateral protection insurance or any similar insurance protecting the interests of a creditor arising out of a creditor-debtor transaction;

5. Insurance of warranties or service contracts, including, without limitation, insurance that provides: (a) For the repair, replacement or service of goods or property; (b) Indemnification for the repair, replacement or service of goods or property; (c) Indemnification for the operational or structural failure of goods or property due to a defect in materials, workmanship or normal wear and tear; or (d) Reimbursement for the liability incurred by the issuer of agreements or service contracts which provide any benefits described in this subsection;

6. Title insurance;

7. Ocean marine insurance;

8. Any transaction or combination of transactions between a person, including affiliates of the person, and an insurer, including affiliates of the insurer, which involves the transfer of investment or credit risk unaccompanied by the transfer of insurance risk; or

9. Any insurance provided by or guaranteed by a governmental entity.
Nev. Rev. Stat. § 692B.030 — NV Code / Title 57 / Chapter 692B / Section 692B.030
Amendment of articles of incorporation: Submission and approval of Commissioner; applicability to existing insurers
Status: in_force

1. An amendment of articles of incorporation of a domestic insurer shall not be filed or accepted for filing with the Secretary of State unless first submitted to and approved by the Commissioner.

2. The insurer shall deliver executed quadruplicate originals of the proposed articles of amendment to the Commissioner. If the Commissioner finds the same to be in accordance with law, the Commissioner shall endorse his or her approval on each set of the articles of amendment and return the same to the insurer. The insurer shall then file the original set with the Secretary of State, one set with the Commissioner, and otherwise as required by law. If the Commissioner does not so find, the Commissioner shall not approve the proposed articles of amendment, but shall return all sets to the insurer together with a written statement of the reasons for nonapproval.

3. After January 1, 1972, no existing domestic stock or mutual insurer shall amend its articles of incorporation in any way which would conflict with the requirements of this Code as to a newly formed similar domestic insurer; but an existing domestic stock insurer with preferred stock already as part of its authorized capital shall have the right to increase or decrease the amount of the same or modify the rights and priorities thereof as otherwise permitted by law.
Nev. Rev. Stat. § 695F.230 — NV Code / Title 57 / Chapter 695F / Section 695F.230
Establishment of system for resolution of complaints
Status: in_force

1. Each prepaid limited health service organization shall establish a system for the resolution of written complaints submitted by enrollees and providers.

2. The provisions of subsection 1 do not prohibit an enrollee or provider from filing a complaint with the Commissioner or limit the Commissioner's authority to investigate such a complaint.

3. Each prepaid limited health service organization that issues any evidence of coverage that provides, delivers, arranges for, pays for or reimburses any cost of health care services through managed care shall provide a system for resolving any complaints of an enrollee or subscriber concerning those health care services that complies with the provisions of NRS 695G.200 to 695G.310 , inclusive.
Nev. Rev. Stat. § 686B.200 — NV Code / Title 57 / Chapter 686B / Section 686B.200
Voluntary plan for sharing risks: Submission to and approval by Commissioner
Status: in_force

Insurers doing business within this state are authorized to prepare voluntary plans providing any specified kind, line or class of insurance coverage or subdivision or combination thereof for all or any part of this state in which such insurance is not readily available in the voluntary market and in which the public interest requires the availability of such coverage. Such plans shall be submitted to the Commissioner and if approved by the Commissioner may be put into operation.
Nev. Rev. Stat. § 683A.201 — NV Code / Title 57 / Chapter 683A / Section 683A.201
License required; exemption for insurers; administrative fine
Status: in_force

1. A person shall not sell, solicit or negotiate insurance in this state for any class of insurance unless the person is licensed for that class of insurance.

2. An insurer is exempt from the requirement for licensure as a producer of insurance, but this exemption does not extend to an insurer's officers, directors, employees, subsidiaries or affiliates who sell, solicit or negotiate insurance.

3. A person required to be licensed in this state who transacts insurance without a license is subject to an administrative fine of not more than $1,000 for each violation.
Nev. Rev. Stat. § 689.215 — NV Code / Title 57 / Chapter 689 / Section 689.215
Certificate of authority: Revocation; suspension
Status: in_force

1. After giving written notice of charges to the seller, not less than 30 days in advance of a hearing, the Commissioner may, after the hearing, revoke the seller's certificate of authority if the seller: (a) Obtained the certificate of authority through misrepresentation or concealment of a material fact; (b) Is no longer qualified for such a certificate of authority; or (c) Knowingly violates any provision of NRS 689.150 to 689.375 , inclusive, or any lawful order or regulation of the Commissioner.

2. If a seller is found to be in violation of paragraph (c) of subsection 1, the Commissioner may, in lieu of revocation, suspend the seller's certificate of authority for a period not to exceed 90 days.
Nev. Rev. Stat. § 682A.203 — NV Code / Title 57 / Chapter 682A / Section 682A.203
“Sinking fund stock” defined
Status: in_force

“ Sinking fund stock ” means preferred stock that:

1. Is subject to a mandatory sinking fund or similar arrangement that will provide for the redemption or open market purchase of the entire issue over a period not greater than 40 years after the date of acquisition; and

2. Provides for mandatory sinking fund installments or open market purchases commencing not more than 10.5 years after the date of issue, with the sinking fund installments providing for the purchase or redemption, on a cumulative basis commencing 10 years after the date of issue, of at least 2.5 percent per year of the original number of shares of that issue of preferred stock.
Nev. Rev. Stat. § 686C.155 — NV Code / Title 57 / Chapter 686C / Section 686C.155
Ensuring of payment or credit of guaranteed minimum interest rate
Status: in_force

When proceeding pursuant to paragraph (b) of subsection 2 of NRS 686C.152 with respect to any policy or contract carrying guaranteed minimum interest rates, the Association shall ensure the payment or crediting of a rate of interest consistent with paragraph (c) of subsection 1 of NRS 686C.035 .
Nev. Rev. Stat. § 695A.300 — NV Code / Title 57 / Chapter 695A / Section 695A.300
Foreign or alien society: License required to transact business; required information
Status: in_force

1. A foreign or alien society shall not transact business in this state without a license issued by the Commissioner.

2. A foreign or alien society may be licensed to transact business in this state upon a showing that its assets are invested in accordance with the provisions of this chapter and upon filing with the Commissioner: (a) A duly certified copy of its laws, certified by its secretary or corresponding officer; (b) A power of attorney to the Commissioner as prescribed in NRS 695A.400 ; (c) A statement of its business under oath of its president and secretary or corresponding officers in a form prescribed by the Commissioner, duly verified by an examination made by the supervising insurance officer of its home state or other state, territory, province or country, satisfactory to the Commissioner of this state; (d) Certification from the proper officer of its home state, territory, province or country that the society is legally incorporated and licensed to transact business therein; (e) Copies of its certificate forms; and (f) Such other information as the Commissioner may deem necessary.

3. Any foreign or alien society desiring admission to this state must comply substantially with the requirements and limitations of this chapter applicable to domestic societies.
Nev. Rev. Stat. § 679B.520 — NV Code / Title 57 / Chapter 679B / Section 679B.520
“Health care plan” defined
Status: in_force

“Health care plan” means a policy, contract, certificate or agreement offered or issued by an insurer to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.
Nev. Rev. Stat. § 689C.017 — NV Code / Title 57 / Chapter 689C / Section 689C.017
“Affiliated” defined
Status: in_force

“ Affiliated ” means any entity or person who directly, or indirectly through one or more intermediaries, controls or is controlled by or is under common control with a specified entity or person.
Nev. Rev. Stat. § 687A.037 — NV Code / Title 57 / Chapter 687A / Section 687A.037
“Member insurer” defined
Status: in_force

“ Member insurer ” means any person, except a fraternal or nonprofit service corporation which:

1. Writes any kind of insurance to which this chapter applies, including the exchange of reciprocal or interinsurance agreements of indemnity.

2. Is authorized to transact insurance in this state.
Nev. Rev. Stat. § 680A.510 — NV Code / Title 57 / Chapter 680A / Section 680A.510
“Deliver by electronic means” defined
Status: in_force

“ Deliver by electronic means ” means:

1. To deliver to an electronic mail address at which a party has consented to receive notices or documents; or

2. To post a notice or document on an electronic network or website accessible via the Internet or a mobile application or using a computer, mobile device, tablet or any other electronic device and to deliver a separate notice of the posting of the notice or document to an electronic mail address at which a party has consented to receive notices or documents.
Nev. Rev. Stat. § 679B.139 — NV Code / Title 57 / Chapter 679B / Section 679B.139
Regulations governing plans for providing welfare benefits to employees of more than one employer; examination of insurer
Status: in_force

1. The Commissioner may adopt regulations governing plans for providing welfare benefits to employees of more than one employer. The regulations must provide standards requiring the maintenance of specified levels of reserves and specified levels of contributions which any such plan, or any trust established under such a plan, must meet. If a plan does not meet the standards, no benefits may be paid under the plan.

2. The Commissioner may conduct an examination of any insurer which administers a plan for providing welfare benefits to employees of more than one employer to determine whether the insurer is complying with the Commissioner's regulations. The cost of the examination must be borne by the insurer in the manner provided in NRS 679B.290 . If the Commissioner determines that the insurer is not complying with the Commissioner's regulations, the Commissioner shall require the insurer not to pay benefits under the plan.

3. As used in this section, the term “plan for providing welfare benefits for employees of more than one employer” is intended to be equivalent to the term “employee welfare benefit plan which is a multiple employer welfare arrangement” as used in federal statutes and regulations.
Nev. Rev. Stat. § 692A.031 — NV Code / Title 57 / Chapter 692A / Section 692A.031
“Net retained liability” defined
Status: in_force

“ Net retained liability ” means the total liability retained by a title insurer for a single risk after the ceding of reinsurance.
Nev. Rev. Stat. § 686A.630 — NV Code / Title 57 / Chapter 686A / Section 686A.630
“Consumer credit report” defined
Status: in_force

“ Consumer credit report ” means any written, oral or other communication of information by a consumer reporting agency bearing on the credit worthiness, credit standing or credit capacity of an applicant or policyholder, and which is used or expected to be used or collected in whole or in part for the purpose of serving as a factor to determine:

1. Whether to issue, cancel or renew a policy; or

2. The amount of the premium for a policy.
Nev. Rev. Stat. § 693A.555 — NV Code / Title 57 / Chapter 693A / Section 693A.555
“Intermediate stock holding company” defined
Status: in_force

“ Intermediate stock holding company ” means a holding company of which at least a majority of the voting securities are owned by a mutual insurance holding company and which directly owns all the voting securities of a reorganized stock insurer.
Nev. Rev. Stat. § 696B.490 — NV Code / Title 57 / Chapter 696B / Section 696B.490
Assessment: Prima facie correct; notice to members and subscribers; payment; proceedings to collect
Status: in_force

1. Any assessment of a subscriber or member of an insurer made by the Commissioner pursuant to the order of court fixing the aggregate amount of the assessment against all members or subscribers and approving the classification and formula made by the Commissioner under subsection 1 of NRS 696B.480 shall be prima facie correct.

2. Each member or subscriber shall be notified of the amount of the assessment to be paid by the member or subscriber by written notice mailed to the address of the member or subscriber last of record with the insurer. Failure of the member or subscriber to receive the notice so mailed, within the time specified therein or at all, shall be no defense in any proceeding to collect the assessment.

3. If any such member or subscriber fails to pay the assessment within the period specified in the notice, which period shall not be less than 20 days after mailing, the Commissioner may obtain an order in the delinquency proceedings requiring the member or subscriber to show cause at a time and place fixed by the court why judgment should not be entered against such member or subscriber for the amount of the assessment together with all costs, and a copy of the order and a copy of the petition therefor shall be served upon the member or subscriber within the time and in the manner designated in the order.

4. If the subscriber or member, after due service of a copy of the order and petition referred to in subsection 3 is made upon the subscriber or member: (a) Fails to appear at the time and place specified in the order, judgment shall be entered against the subscriber or member as prayed for in the petition; or (b) Appears in the manner and form required by law in response to the order, the court shall hear and determine the matter and enter a judgment in accordance with its decision.

5. The Commissioner may collect any such assessment through any other lawful means.
Nev. Rev. Stat. § 683C.060 — NV Code / Title 57 / Chapter 683C / Section 683C.060
Written agreement with client: Required before rendering services; contents; retention; availability
Status: in_force

In advance of rendering any service, a written agreement on a form approved by the Commissioner must be prepared by the insurance consultant and must be signed by both the consultant and the client. The agreement must outline the professional services to be provided by the consultant and state the fee for those services. The consultant shall retain a copy of the agreement for not less than 3 years after completion of the services. A copy of the agreement must be made available to the Commissioner upon request.
Nev. Rev. Stat. § 685A.190 — NV Code / Title 57 / Chapter 685A / Section 685A.190
Failure to file statement or pay tax; penalties; statute of limitations
Status: in_force

1. A broker who fails to make and file the quarterly statement required pursuant to NRS 685A.175 is liable for a penalty of $500.

2. Except as otherwise provided in this subsection, a broker who fails to pay the tax required by NRS 685A.180 is liable: (a) If the aggregate amount of the tax owed by the broker is more than $50, for a penalty in the first year of delinquency in the amount of $1,000 or 125 percent of the delinquent tax, whichever is larger; or (b) If the aggregate amount of the tax owed by the broker is $50 or less, for a penalty in the first year of delinquency in an amount equal to the amount of the delinquent tax.

3. Interest must be charged on all penalties imposed pursuant to subsection 2 in an amount equal to the prime rate at the largest bank in the State of Nevada, as ascertained by the Commissioner of Financial Institutions on January 1 of the year in which the tax became due, plus 2 percent. The rate must be adjusted on July 1 and January 1 thereafter. The interest charged must be compounded monthly and must continue to accrue until the penalty and interest are paid in full.

4. The tax may be collected by distraint, or the tax and penalty may be recovered by an action instituted by the Commissioner, in the name of the State, the Attorney General representing the Commissioner, in any court of competent jurisdiction. The penalty, when so collected, must be paid to the State Treasurer for credit to the State General Fund.

5. No proceeding to recover taxes, penalties or fines pursuant to this section may be maintained unless it is commenced by the giving of notice to the person against whom the proceeding is brought within 5 years after the occurrence of the charged act or omission. This limitation does not apply if the Commissioner finds fraudulent or willful evasion of taxes.
Nev. Rev. Stat. § 687B.160 — NV Code / Title 57 / Chapter 687B / Section 687B.160
Execution of policies
Status: in_force

1. Every insurance policy must be executed in the name of and on behalf of the insurer by its officer, attorney-in-fact, employee or representative duly authorized by the insurer.

2. Any such executing individual may use, in lieu of an original signature: (a) A facsimile signature; or (b) An electronic signature pursuant to the provisions of chapter 719 of NRS .

3. An insurance contract issued before, on or after January 1, 1972, which is otherwise valid is not rendered invalid by reason of the apparent execution thereof on behalf of the insurer by the imprinted facsimile signature of an individual not authorized so to execute as of the date of the policy.
Nev. Rev. Stat. § 682A.510 — NV Code / Title 57 / Chapter 682A / Section 682A.510
Authority of Commissioner to remedy insufficient reserves
Status: in_force

1. If the Commissioner determines that an insurer is not in compliance with NRS 682A.502 and 682A.504 , the Commissioner shall require the insurer to eliminate the condition causing the noncompliance within a specified time after the date on which the notice of the Commissioner's requirements is mailed or delivered to the insurer.

2. If an insurer fails to comply with the Commissioner's requirements that are imposed pursuant to subsection 1, the insurer is deemed to be in hazardous financial condition and the Commissioner shall take one or more of the actions authorized by law as to insurers in hazardous financial condition.
Nev. Rev. Stat. § 686B.045 — NV Code / Title 57 / Chapter 686B / Section 686B.045
Waiver for state innovation of applicable provisions of Patient Protection and Affordable Care Act; implementation of state plan
Status: in_force

1. The Commissioner may apply to the Secretary of Health and Human Services pursuant to 42 U.S.C. § 18052 for a waiver for state innovation of applicable provisions of the Patient Protection and Affordable Care Act, Public Law 111-148 , with respect to health insurance coverage in this State for a plan year beginning on or after January 1, 2020.

2. The Commissioner may implement a state plan that meets the waiver requirements in a manner consistent with state and federal law and as approved by the Secretary of Health and Human Services.
Nev. Rev. Stat. § 682A.193 — NV Code / Title 57 / Chapter 682A / Section 682A.193
“Reverse repurchase transaction” defined
Status: in_force

“ Reverse repurchase transaction ” means a transaction in which an insurer sells securities to a business entity and is obligated to repurchase the sold securities, or equivalent securities, from the business entity at a specified price, either within a specified period of time or on demand.
Nev. Rev. Stat. § 681A.470 — NV Code / Title 57 / Chapter 681A / Section 681A.470
Brokers: Maintenance of records of transactions; access to accounts and records by insurer
Status: in_force

1. For 10 years after expiration of each contract of reinsurance transacted by the broker for reinsurance, he or she shall keep a complete record for each transaction, including evidence of: (a) The type of contract, limits, underwriting restrictions, classes or risks and territory; (b) The period of coverage, including effective and expiration dates and the provisions concerning cancellation and notice of cancellation; (c) The requirements for reporting and settling balances; (d) The rate used to compute the reinsurance premium; (e) The names and addresses of assuming reinsurers; (f) The rates of all commissions for reinsurance, including the commissions on any retrocessions handled by the broker for reinsurance; (g) Any related correspondence and memoranda; (h) Proof of placement; (i) Details regarding retrocessions handled by the broker for reinsurance, including the identity of retrocessionaires and the percentage of each contract assumed or ceded; (j) Financial records, including accounts of premium and loss; and (k) If the broker for reinsurance procures a contract of reinsurance on behalf of a licensed ceding insurer: (1) Directly from any assuming reinsurer, written evidence that the assuming reinsurer has agreed to assume the risk; or (2) Through a representative of the assuming reinsurer, other than an employee, written evidence that the reinsurer has delegated binding authority to the representative.

2. A broker for reinsurance shall allow an insurer to have access to and to copy and audit all accounts and records maintained by him or her related to its contract.
Nev. Rev. Stat. § 689B.090 — NV Code / Title 57 / Chapter 689B / Section 689B.090
Application and certificates
Status: in_force

1. An individual application need not be required from a person covered under a blanket health policy or contract, nor shall it be necessary for the insurer to furnish each person a certificate, if such person does not pay all or part of the premium for such insurance.

2. The Commissioner may, by rule or regulation, require the delivery of an individual certificate or a statement of the coverage to individuals insured under such a blanket policy or contract who are either required to make an individual written application or pay part or all of the premium therefor, and applying to such classes of cases and circumstances, specified in such rule or regulation, as the Commissioner may find such delivery to be reasonably necessary and practicable.
Nev. Rev. Stat. § 681A.570 — NV Code / Title 57 / Chapter 681A / Section 681A.570
Actions that may be taken against intermediary who fails to comply with laws
Status: in_force

1. If the Commissioner believes that the reinsurance intermediary or any other person has not materially complied with NRS 681A.250 to 681A.560 , inclusive, or any regulation adopted or order issued pursuant thereto, the Commissioner may, after a hearing conducted in accordance with NRS 679B.310 to 679B.370 , inclusive, order: (a) For each separate violation, the payment of a penalty in an amount not exceeding $5,000; and (b) The revocation or suspension of the license of the reinsurance intermediary.

2. If the Commissioner finds that the material noncompliance of the reinsurance intermediary has caused the insurer or reinsurer any loss or damage, the Commissioner may initiate a civil action against the intermediary on behalf of the insurer or reinsurer and the policyholders and creditors of the insurer or reinsurer to recover compensatory damages or other appropriate relief for the benefit of the insurer or reinsurer and the policyholders and creditors.

3. If an order of rehabilitation or liquidation of the insurer has been entered and the receiver appointed by that order determines that: (a) The reinsurance intermediary or any other person has not materially complied with NRS 681A.250 to 681A.560 , inclusive, or any regulation adopted or order issued pursuant thereto; and (b) The insurer has suffered any loss or damage as a result of that noncompliance, the receiver may bring a civil action for the recovery of damages or for any other appropriate sanctions on behalf of the insurer.
Nev. Rev. Stat. § 695I.370 — NV Code / Title 57 / Chapter 695I / Section 695I.370
Powers and duties of Board: Bylaws; reports; audits; regulations; contracts for services
Status: repealed

1. The Board shall: (a) Adopt bylaws setting forth its procedures and governing its operations; (b) On or before June 30 and December 31 of each year, submit a written fiscal and operational report to the Governor and the Legislature, which must include, without limitation, any recommendations concerning the Exchange; (c) On or before December 31 of each year, prepare a report for the public summarizing the activities of the Board and the contributions of the Exchange to the health of the residents of Nevada during the previous year; (d) Provide for an annual audit of its functions and operations; (e) Submit all reports required by federal law to the appropriate federal agency and in a timely manner; and (f) If the Federal Act is repealed or is held unconstitutional or otherwise invalid or unlawful, define by regulation “qualified health plan” for the purposes of this act.

2. The Board may: (a) Adopt regulations to carry out the duties and powers of the Exchange; (b) Prepare special reports concerning the Exchange for the Governor, the Legislature and the public; and (c) Contract for the services of such legal, professional, technical and operational personnel and consultants as the execution of its duties and powers and the operation of the Exchange may require.

3. The Board is subject to Legislative and Executive Branch audits.
Nev. Rev. Stat. § 681A.400 — NV Code / Title 57 / Chapter 681A / Section 681A.400
“Syndicate” defined
Status: in_force

“Syndicate” means a joint underwriting operation of insurance or reinsurance in which the participants assume a predetermined and fixed interest in the insurance written and the members share equally in the premiums.
Nev. Rev. Stat. § 691D.060 — NV Code / Title 57 / Chapter 691D / Section 691D.060
“Portable electronics” defined
Status: in_force

“ Portable electronics ” means electronic devices that are portable in nature and their accessories.
Nev. Rev. Stat. § 692C.3534 — NV Code / Title 57 / Chapter 692C / Section 692C.3534
Review of ORSA Summary Report
Status: in_force

The review of an ORSA Summary Report, and any additional requests for information, must be made using similar procedures currently used in analysis and examination of multistate or global insurers and insurance groups.
Nev. Rev. Stat. § 692B.193 — NV Code / Title 57 / Chapter 692B / Section 692B.193
Payment of child support: Statement by applicant for permit or license; grounds for denial of permit or license; duty of Commissioner
Status: in_force

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

1. A natural person who applies for the issuance of a permit or license pursuant to this chapter shall submit to the Commissioner the statement prescribed by the Division of Welfare and Supportive Services of the Department of Health and Human Services pursuant to NRS 425.520 . The statement must be completed and signed by the applicant.

2. The Commissioner shall include the statement required pursuant to subsection 1 in: (a) The application or any other forms that must be submitted for the issuance or renewal of the permit or license; or (b) A separate form prescribed by the Commissioner.

3. A permit or license may not be issued by the Commissioner pursuant to this chapter if the applicant is a natural person who: (a) Fails to submit the statement required pursuant to subsection 1; or (b) Indicates on the statement submitted pursuant to subsection 1 that the applicant is subject to a court order for the support of a child and is not in compliance with the order or a plan approved by the district attorney or other public agency enforcing the order for the repayment of the amount owed pursuant to the order.

4. If an applicant indicates on the statement submitted pursuant to subsection 1 that the applicant is subject to a court order for the support of a child and is not in compliance with the order or a plan approved by the district attorney or other public agency enforcing the order for the repayment of the amount owed pursuant to the order, the Commissioner shall advise the applicant to contact the district attorney or other public agency enforcing the order to determine the actions that the applicant may take to satisfy the arrearage.
Nev. Rev. Stat. § 679B.310 — NV Code / Title 57 / Chapter 679B / Section 679B.310
Administrative procedures; hearings in general
Status: in_force

1. The Commissioner may hold a hearing, without request by others, to determine whether an insurer or an employee of an insurer has engaged in unsuitable conduct and for any other purpose within the scope of this Code.

2. The Commissioner shall hold a hearing: (a) If required by any other provision of this Code; or (b) Upon written application for a hearing by a person aggrieved by any act, or failure of the Commissioner to act, that is related to the business of insurance, or by any report, rule, regulation or order of the Commissioner, other than an order for the holding of a hearing, or an order issued on a hearing of which the person had notice. The application must be filed in the Division within 60 days after the person knew or reasonably should have known of the act, failure, report, rule, regulation or order, unless a different period is provided for by any other law applicable to the particular matter, in which case the other law governs.

3. Any such application for a hearing must briefly state the respects in which the applicant is so aggrieved, together with the grounds to be relied upon as a basis for the relief to be sought at the hearing.

4. If the Commissioner finds that the application is made in good faith, that the applicant would be so aggrieved if his or her grounds are established and that the grounds otherwise justify the hearing, the Commissioner shall hold the hearing within 60 days after the filing of the application, unless postponed by mutual consent. Failure to hold the hearing upon application therefor of a person entitled thereto as provided in this section constitutes a denial of the relief sought, and is the equivalent of a final order of the Commissioner on hearing for the purpose of an appeal pursuant to NRS 679B.370 .

5. Pending the hearing and decision thereon, the Commissioner may suspend or postpone the effective date of the previous action of the Commissioner.

6. Except as otherwise provided by specific statute, the Commissioner shall issue a final order in a contested case within 45 days after the close of the hearing on the contested case. As used in this subsection, “ contested case ” has the meaning ascribed to it in NRS 233B.032 .
Nev. Rev. Stat. § 693A.050 — NV Code / Title 57 / Chapter 693A / Section 693A.050
Books, records, documents, accounts and vouchers
Status: in_force

1. Every domestic insurer shall keep at its principal place of business its books, records, documents, accounts and vouchers in such a manner that its financial condition can be ascertained and that its financial statements filed with the Commissioner can readily be verified and its compliance with the law determined.

2. No insurer shall make any disbursement of $25 or more, unless evidenced by a voucher or other document correctly describing the consideration for the payment and supported by a check or receipt endorsed or signed by or on behalf of the person receiving the money. If the disbursement is for services and reimbursement, the voucher or other document, or some other writing referred to therein, shall describe the services and itemize the expenditures. If the disbursement is in connection with any matter pending before any Legislature or public body or before any public officer, the voucher or other document shall also correctly describe the nature of the matter and the nature of the insurer's interest therein.

3. All such books, records, documents, accounts and vouchers of a domestic insurer, or of any principal United States office of a foreign or alien insurer located in this State, shall be preserved and kept available for the purposes of examination and until authority to destroy or otherwise dispose of such records is secured from the Commissioner.

4. Any director, officer, agent or employee of any insurer who destroys any such books, records or documents without the authority of the Commissioner in violation of this section is guilty of a gross misdemeanor.
Nev. Rev. Stat. § 689A.270 — NV Code / Title 57 / Chapter 689A / Section 689A.270
Illegal occupation
Status: in_force

There may be a provision as follows:

Illegal Occupation: The insurer shall not be liable for any loss to which a contributing cause was the insured's commission of or attempt to commit a felony or to which a contributing cause was the insured's being engaged in an illegal occupation.
Nev. Rev. Stat. § 689A.0447 — NV Code / Title 57 / Chapter 689A / Section 689A.0447
Policy covering treatment of cancer through use of chemotherapy: Prohibited acts related to orally administered chemotherapy
Status: in_force

1. An insurer that offers or issues a policy of health insurance which provides coverage for the treatment of cancer through the use of chemotherapy shall not: (a) Require a copayment, deductible or coinsurance amount for chemotherapy administered orally by means of a prescription drug in a combined amount that is more than $100 per prescription. The limitation on the amount of the deductible that may be required pursuant to this paragraph does not apply to a health benefit plan, as defined in NRS 687B.470 , if the health benefit plan is a high deductible health plan, as defined in 26 U.S.C. § 223 , and the amount of the annual deductible has not been satisfied. (b) Make the coverage subject to monetary limits that are less favorable for chemotherapy administered orally by means of a prescription drug than the monetary limits applicable to chemotherapy which is administered by injection or intravenously. (c) Decrease the monetary limits applicable to chemotherapy administered orally by means of a prescription drug or to chemotherapy which is administered by injection or intravenously to meet the requirements of this section.

2. A policy subject to the provisions of this chapter which provides coverage for the treatment of cancer through the use of chemotherapy and that is delivered, issued for delivery or renewed on or after January 1, 2015, has the legal effect of providing that coverage subject to the requirements of this section, and any provision of the policy or renewal which is in conflict with this section is void.

3. Nothing in this section shall be construed as requiring an insurer to provide coverage for the treatment of cancer through the use of chemotherapy administered by injection or intravenously or administered orally by means of a prescription drug.
Nev. Rev. Stat. § 693B.110 — NV Code / Title 57 / Chapter 693B / Section 693B.110
Designation of acting directors by Commissioner
Status: in_force

If, at any time during an acute emergency, the number of directors or acting directors of a domestic organization who are capable of acting is less than three, the Commissioner may designate additional acting directors in such number as will bring to three the number of directors and acting directors who are capable of acting.
Nev. Rev. Stat. § 686A.690 — NV Code / Title 57 / Chapter 686A / Section 686A.690
Reunderwriting or rerating of insured; refund of premium
Status: in_force

If it is determined pursuant to the dispute resolution process set forth in section 611(a) of the federal Fair Credit Reporting Act, 15 U.S.C. § 1681i(a) , that the credit information of a policyholder was incorrect or incomplete and if the insurer receives notice of such determination from either the consumer reporting agency or from the policyholder, the insurer shall reunderwrite and rerate the policyholder within 30 days of receiving the notice. After reunderwriting or rerating the insured, the insurer shall make any adjustments necessary, consistent with its underwriting and rating guidelines. If an insurer determines that the policyholder has overpaid a premium, the insurer shall refund to the policyholder the amount of overpayment calculated back to the shorter of either the last 12 months of coverage or the actual period of the policy.
Nev. Rev. Stat. § 696C.020 — NV Code / Title 57 / Chapter 696C / Section 696C.020
“Commissioner” defined
Status: in_force

“ Commissioner ” means the Commissioner of Insurance and, if applicable:

1. A deputy of the Commissioner; or

2. The Division.
Nev. Rev. Stat. § 687B.874 — NV Code / Title 57 / Chapter 687B / Section 687B.874
“Policy of stop-loss insurance” defined
Status: in_force

“ Policy of stop-loss insurance ” means a policy or contract of insurance, which provides coverage for the losses of an insured above an attachment point which is stated in the policy or contract, including, without limitation, a policy of insurance which includes stop-loss coverage or excess loss coverage.
Nev. Rev. Stat. § 686B.240 — NV Code / Title 57 / Chapter 686B / Section 686B.240
Nevada Essential Insurance Association: Powers of Commissioner and Association
Status: in_force

The Commissioner and the Nevada Essential Insurance Association may:

1. Give consideration to the need for adequate and readily accessible coverage, to alternative methods of improving the market affected, to the preferences of the insurers and agents, to the inherent limitations of the insurance mechanism, to the need for reasonable underwriting standards and to the requirement of reasonable loss-prevention measures.

2. Establish procedures that will create minimum interference with the voluntary market.

3. Spread the burden imposed by the facility equitably and efficiently.

4. Establish procedures for applicants and participants to have grievances reviewed.

5. Take all reasonable and necessary steps to dissolve the Association at the earliest date when essential insurance becomes readily available in the private market. The dissolution of the Association, including its assets and liabilities, must be accomplished under the supervision of the Commissioner in an equitable and reasonable manner. The dissolution must, if determined to be appropriate by the Commissioner, provide for the repayment of any loans or other money provided or contributed by the State of Nevada for the formation or continuance of the Association.
Nev. Rev. Stat. § 687B.015 — NV Code / Title 57 / Chapter 687B / Section 687B.015
“Binder” defined
Status: in_force

As used in this chapter, unless the context otherwise requires, “binder” means an oral or written contract for temporary insurance which is used when a policy is not immediately issued to evidence that the coverage attaches at a specified time and continues until the policy is issued or the risk is declined.
Nev. Rev. Stat. § 684A.060 — NV Code / Title 57 / Chapter 684A / Section 684A.060
Exceptions to requirement of licensing: Agents; catastrophes; temporary emergency license
Status: in_force

1. On behalf of, as authorized by, an insurer as to which he or she is licensed as an agent under chapter 683A of NRS , an agent may from time to time act as an adjuster without a license as an adjuster; but no such agent shall act as an adjuster for an insurer with which the agent has a contract providing for compensation retrospectively contingent upon losses incurred under insurance sold or serviced by the agent.

2. No license shall be required of a nonresident salaried adjuster for the adjustment in this state of one or more losses arising out of a catastrophe common to all such losses where such losses are designated to be a catastrophe by responsible insurance associations or the Commissioner.

3. In the event of a catastrophe, an insurer shall notify the Commissioner by an application for the issuance of a temporary emergency license for each individual who is not already licensed in this State and who will act as an emergency adjuster on behalf of the insurer. The Commissioner, by regulation, shall establish standards and procedures to allow for the temporary emergency licensure of an emergency adjuster in this State.

4. An individual who is not already licensed in this State but who is otherwise qualified to adjust claims may act as an emergency adjuster and adjust claims if, within 5 days after deploying the individual to adjust claims arising from the catastrophe, the insurer notifies the Commissioner by providing the following information in a format prescribed by the Commissioner: (a) The name of the individual; (b) The social security number of the individual; (c) The name of the insurer the individual will represent; (d) The effective date of the contract between the insurer and the individual; (e) The catastrophe or loss control number; (f) The name of the catastrophe; and (g) Any other information the Commissioner deems necessary.

5. The temporary emergency license of an individual as an emergency adjuster is valid for not more than 90 days unless extended by the Commissioner.

6. For the protection of the people of this State, the Commissioner may not issue a temporary emergency license except in compliance with the provisions of this chapter. Any individual for whom a temporary emergency license is issued must: (a) Be at least 18 years of age; (b) Be competent, trustworthy, financially responsible and of good reputation, as determined by the Commissioner; and (c) Never have 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 or conspiracy to defraud and never have committed any act that is a ground for refusal to issue, suspension or revocation of a license pursuant to NRS 683A.451 .

7. An application for a temporary emergency license must be accompanied by the license fee specified for an adjuster in NRS 680B.010 and, in addition to any other fee or charge, all fees required for an adjuster pursuant to NRS 680C.110 .
Nev. Rev. Stat. § 694B.170 — NV Code / Title 57 / Chapter 694B / Section 694B.170
Subscribers' advisory committee
Status: in_force

1. The advisory committee of a domestic reciprocal insurer exercising the subscribers' rights shall be selected under such rules as the subscribers adopt.

2. Not less than two-thirds of such committee shall be subscribers other than the attorney, or any person employed by, representing or having a financial interest in the attorney.

3. The committee shall: (a) Supervise the finances of the insurer; (b) Supervise the insurer's operations to such extent as to assure conformity with the subscribers' agreement and the power of attorney; (c) Procure the audit of the accounts and records of the insurer and of the attorney at the expense of the insurer; and (d) Have such additional powers and functions as may be conferred by the subscribers' agreement.
Nev. Rev. Stat. § 682B.150 — NV Code / Title 57 / Chapter 682B / Section 682B.150
Trust agreement: Approval
Status: in_force

1. The deposit referred to in NRS 682B.130 shall be made and maintained under a written trust agreement between the insurer and the trustee, consistent with the requirements of NRS 682B.130 to 682B.250 , inclusive, and shall be authenticated in such form and manner as the Commissioner may designate or approve.

2. The agreement shall not be effective until filed with and approved by the Commissioner in writing. The Commissioner shall not approve any trust agreement found by the Commissioner not to be in compliance with law, or the terms of which do not in fact provide reasonably adequate protection for the insurer's policyholders or policyholders and creditors in the United States of America.
Nev. Rev. Stat. § 695F.210 — NV Code / Title 57 / Chapter 695F / Section 695F.210
Maintenance of fidelity bond or deposit in lieu of bond
Status: in_force

1. A prepaid limited health service organization shall maintain in force a fidelity bond in its own name on its officers and employees in an amount not less than $1,000,000 or in any other amount prescribed by the Commissioner.

2. Except as otherwise provided in subsection 3, the bond must be issued by an insurer licensed to do business in this State.

3. If the fidelity bond is not available from an insurer licensed to do business in this State, a prepaid limited health service organization may procure a fidelity bond from a surplus lines broker licensed pursuant to chapter 685A of NRS .

4. In lieu of the bond required pursuant to subsection 1, a prepaid limited health service organization may deposit with the Commissioner cash, securities or other investments described in paragraph (o) of subsection 1 of NRS 695F.090 . The deposit must be maintained in joint custody with the Commissioner in the amount and subject to the same conditions required for a bond pursuant to this subsection.
Nev. Rev. Stat. § 682A.544 — NV Code / Title 57 / Chapter 682A / Section 682A.544
Real estate for accommodation of business operations
Status: in_force

1. An insurer may acquire, manage and dispose of real estate for the convenient accommodation of the insurer's, and its affiliates, business operations, including home office, branch office and filed office operations.

2. Real estate acquired as described in this section may include excess space for rent to others, if the excess space, valued at its fair market value, would otherwise be an allowed investment in accordance with the provisions of NRS 682A.542 and is so qualified by the insurer.

3. The real estate acquired as described in this section may be subject to one or more mortgages, liens or other encumbrances, the amount of which must, to the extent that the obligations secured by the mortgages, liens or encumbrances are without recourse to the insurer, be deducted from the amount of the investment of the insurer in the real estate for purposes of determining compliance with subsection 4 of NRS 682A.546 .

4. For purposes of this section, business operations must not include that portion of real estate used for the direct provision of health care services by an insurer whose insurance premiums and required statutory reserves for accident and health insurance constitute at least 95 percent of total premium considerations or total statutory required reserves, respectively. An insurer may acquire real estate used for these purposes under NRS 682A.542 .
Nev. Rev. Stat. § 686B.180 — NV Code / Title 57 / Chapter 686B / Section 686B.180
Unavailability of essential coverage; plans for providing coverage; regulations
Status: in_force

1. If the Commissioner finds after a hearing that in any part of this state any essential insurance coverage is not readily available in the voluntary market, and that the public interest requires such availability, the Commissioner may by regulation promulgate plans to provide such insurance coverages for any risks in this state which are equitably entitled to but otherwise unable to obtain such coverage, or may call upon insurers to prepare plans for approval by the Commissioner. Such plans may also include any kind of reinsurance that is unavailable and that would facilitate making essential insurance coverage available where it would otherwise not be available.

2. The plan promulgated or prepared under subsection 1 must: (a) Give consideration to the need for adequate and readily accessible coverage, alternative methods of improving the market affected, the preferences of the insurers and agents, the inherent limitations of the insurance mechanism, the need for reasonable underwriting standards, and the requirement of reasonable loss-prevention measures; (b) Establish procedures that will create minimum interference with the voluntary market; (c) Spread the burden imposed by the facility equitably and efficiently among insurers; and (d) Establish procedures for applicants and participants to have grievances reviewed by an impartial body.

3. Each plan must require participation by all insurers doing any business in this state of the kinds covered by the specific plan and all agents licensed to represent such insurers in this state for the specified kinds of business, except that the Commissioner may exclude kinds of insurance, classes of insurers or classes of persons for administrative convenience or because it is not equitable or practicable to require them to participate in the plan.

4. The plan may provide for optional participation by insurers not required to participate under subsection 3.

5. Each plan must provide for the method of underwriting and classifying risks, making and filing rates, adjusting and processing claims and any other insurance or investment function that is necessary for the purpose of providing essential insurance coverage.

6. In providing for the recoupment of deficits which may be incurred in the plan, an option must be offered to an insured each policy year to pay a capital stabilization charge which must not exceed 100 percent of the premium charged to the insured in that year. The Commissioner shall determine the amount of the charge from appropriate factors of loss experience and risk associated with the plan and the insured. An insured who pays the stabilization charge must not be required to pay any assessment to recoup a deficit in the plan incurred in any policy year for which the charge is paid. The plan must provide for the return to the insured of so much of the insured’s payment as remains after all actual or potential liabilities under the policy have been discharged.

7. The plan must specify the basis of participation and assessment of insurers as necessary and must provide for the participation of agents and the conditions under which risks must be accepted.

8. Every participating insurer and agent shall provide to any person seeking coverages of kinds available in the plans the services prescribed in the plans, including full information on the requirements and procedures for obtaining coverage under the plans whenever the business is not placed in the voluntary market.

9. The plan must specify what commission rates must be paid for business placed in the plans.

10. If the Commissioner finds that the lack of cooperating insurers or agents in an area makes the functioning of the plan difficult, the Commissioner may order that the plan set up a branch service office or take other appropriate steps to insure that service is available.
Nev. Rev. Stat. § 695D.140 — NV Code / Title 57 / Chapter 695D / Section 695D.140
Certificate of authority: Notice of change of information; application for amendment; fee; approval
Status: in_force

1. Except as otherwise provided in subsection 2, every organization issued a certificate of authority by the Commissioner shall notify the Commissioner of any change in the information provided to obtain its certificate of authority within 10 days after the change.

2. Every such organization that wishes to make a change in the geographic areas which it serves, or to make any other material modification of the operations described in the information required by NRS 695D.120 , shall file with the Commissioner an application for the amendment of the certificate of authority and pay to the Commissioner an application fee of $100. If the Commissioner does not disapprove the application within 30 days after filing, it shall be deemed approved.
Nev. Rev. Stat. § 687B.606 — NV Code / Title 57 / Chapter 687B / Section 687B.606
“Dental care” defined
Status: in_force

“Dental care” has the meaning ascribed to it in NRS 695D.030 .
Nev. Rev. Stat. § 695C.1765 — NV Code / Title 57 / Chapter 695C / Section 695C.1765
Reimbursement for acupuncture
Status: in_force

If any evidence of coverage provides coverage for acupuncture performed by a physician, the insured is entitled to reimbursement for acupuncture performed by a person who is licensed pursuant to chapter 634A of NRS .
Nev. Rev. Stat. § 695D.219 — NV Code / Title 57 / Chapter 695D / Section 695D.219
Organization for dental care prohibited from denying coverage solely because applicant or member was intoxicated or under the influence of controlled substance; exceptions
Status: in_force

1. Except as otherwise provided in subsection 2, an organization for dental care shall not: (a) Deny a claim under a plan for dental care solely because the claim involves an injury sustained by a member as a consequence of being intoxicated or under the influence of a controlled substance. (b) Cancel participation under a plan for dental care solely because a member has made a claim involving an injury sustained by the member as a consequence of being intoxicated or under the influence of a controlled substance. (c) Refuse participation under a plan for dental care to an eligible applicant solely because the applicant has made a claim involving an injury sustained by the applicant as a consequence of being intoxicated or under the influence of a controlled substance.

2. The provisions of this section do not prohibit an organization for dental care from enforcing a provision included in a plan for dental care to: (a) Deny a claim which involves an injury to which a contributing cause was the insured's commission of or attempt to commit a felony; (b) Cancel participation under a plan for dental care solely because of such a claim; or (c) Refuse participation under a plan for dental care to an eligible applicant solely because of such a claim.
Nev. Rev. Stat. § 695F.060 — NV Code / Title 57 / Chapter 695F / Section 695F.060
“Provider” defined
Status: in_force

“ Provider ” means any physician, dentist or any other person who is licensed or otherwise authorized in this state to provide a limited health service.
Nev. Rev. Stat. § 694C.117 — NV Code / Title 57 / Chapter 694C / Section 694C.117
“Protected cell” defined
Status: in_force

“ Protected cell ” means a separate account established by a sponsored captive insurer in which assets are maintained for one or more participants in accordance with the terms of one or more participant contracts that fund the liability of the sponsored captive insurer assumed on behalf of the participants as set forth in the participant contracts.
Nev. Rev. Stat. § 695I.090 — NV Code / Title 57 / Chapter 695I / Section 695I.090
“Qualified individual” defined
Status: in_force

“ Qualified individual ” means a person, including, without limitation, a minor, who:

1. Is seeking to enroll in a qualified health plan offered to persons through the Exchange;

2. Resides in Nevada;

3. At the time of enrollment is not incarcerated, unless the person is incarcerated pending the disposition of charges; and

4. Is, and is reasonably expected to be, for the entire period for which enrollment is sought, a citizen of the United States or an alien lawfully present in the United States.
Nev. Rev. Stat. § 689A.570 — NV Code / Title 57 / Chapter 689A / Section 689A.570
“Plan for coverage of a bona fide association” defined
Status: in_force

“ Plan for coverage of a bona fide association ” means a health benefit plan for the members, and their dependents, of a bona fide association in this state regardless of the situs of delivery of the policy or contract, if the health benefit plan conforms with NRS 689A.725 .
Nev. Rev. Stat. § 689B.0314 — NV Code / Title 57 / Chapter 689B / Section 689B.0314
Required provision concerning coverage for screening, genetic counseling and testing related to BRCA gene in certain circumstances
Status: in_force

1. An insurer that issues a policy of group health insurance shall provide coverage for screening, genetic counseling and testing for harmful mutations in the BRCA gene for women under circumstances where such screening, genetic counseling or testing, as applicable, is required by NRS 457.301 .

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

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

4. As used in this section: (a) “ 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. (b) “ Provider of health care ” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 695G.1665 — NV Code / Title 57 / Chapter 695G / Section 695G.1665
Required provision in plan covering prescription drugs concerning coverage for prescription drugs irregularly dispensed for purpose of synchronization of chronic medications; prohibited acts; exception
Status: in_force

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

2. 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, 2017, has the legal effect of providing that coverage subject to the requirements of this section, and any provision of the evidence of coverage or renewal which is in conflict with this section is void.

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

4. As used in this section: (a) “ Chronic medication ” means any drug that is prescribed to treat any disease or other condition which is determined to be permanent, persistent or lasting indefinitely. (b) “ Synchronization ” means the alignment of the dispensing of multiple medications by a single contracted pharmacy for the purpose of improving a patient's adherence to a prescribed course of medication. (c) “ Unit-of-use packaging ” means medication that is prepackaged by the manufacturer in blister packs, compliance packs, course-of-therapy packs or any other packaging which is designed and intended to be dispensed directly to the patient without modification by the dispensing pharmacy, except for the addition of a prescription label.
Nev. Rev. Stat. § 683A.0879 — NV Code / Title 57 / Chapter 683A / Section 683A.0879
Claims relating to health insurance coverage: Approval or denial; payment of claims and interest; requests for additional information; award of costs and attorney's fees; compliance with requirements; imposition of administrative fine or suspension or revocation of certificate of registration for failure to comply
Status: in_force

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

2. If the administrator requires additional information to determine whether to approve or deny the claim, the administrator shall notify the claimant of the administrator's request for the additional information within 20 days after receiving the claim. The administrator shall notify the provider of health care of all the specific reasons for the delay in approving or denying the claim. The administrator shall approve or deny the claim within 30 days after receiving the additional information. If the claim is approved, the administrator shall pay the claim within 30 days after receiving the additional information. If the approved claim is not paid within that period, the administrator shall pay interest on the claim in the manner prescribed in subsection 1.

3. An administrator shall not request a claimant to resubmit information that the claimant has already provided to the administrator, unless the administrator provides a legitimate reason for the request and the purpose of the request is not to delay the payment of the claim, harass the claimant or discourage the filing of claims.

4. An administrator shall not pay only part of a claim that has been approved and is fully payable.

5. A court shall award costs and reasonable attorney's fees to the prevailing party in an action brought pursuant to this section.

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

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

8. If the Commissioner determines that an administrator is not in substantial compliance with the requirements set forth in this section, the Commissioner may require the administrator to pay an administrative fine in an amount to be determined by the Commissioner. Upon a second or subsequent determination that an administrator is not in substantial compliance with the requirements set forth in this section, the Commissioner may suspend or revoke the certificate of registration of the administrator.
Nev. Rev. Stat. § 682A.097 — NV Code / Title 57 / Chapter 682A / Section 682A.097
“Hedging transaction” defined
Status: in_force

“ Hedging transaction ” means a derivative transaction which is entered into and maintained to reduce:

1. The risk of a change in the value, yield, price, cash flow or quantity of assets or liabilities which the insurer has acquired or incurred or anticipates acquiring or incurring; or

2. The currency exchange rate risk or the degree of exposure as to assets or liabilities which an insurer has acquired or incurred or anticipates acquiring or incurring.
Nev. Rev. Stat. § 681B.040 — NV Code / Title 57 / Chapter 681B / Section 681B.040
Liabilities
Status: in_force

In any determination of the financial condition of an insurer, capital stock and liabilities to be charged against its assets shall include:

1. The amount of its capital stock outstanding, if any.

2. The amount, estimated to be consistent with the provisions of this Code, necessary to pay all of its unpaid losses and claims incurred on or prior to the date of the statement, whether reported or unreported, together with the expenses of adjustment or settlement thereof.

3. With reference to life insurance policies and annuity contracts, and disability and accidental death benefits in or supplemental thereto: (a) The amount of reserves on life insurance policies and annuity contracts in force, valued according to the tables of mortality, rates of interest and methods adopted pursuant to this Code which are applicable thereto. (b) Reserves for disability benefits, for both active and disabled lives. (c) Reserves for accidental death benefits. (d) Any additional reserves which may be required by the Commissioner consistent with applicable customary and general practice in insurance accounting.

4. As to health insurance policies, the reserves required under NRS 681B.080 .

5. With reference to insurance other than specified in subsections 3 and 4, and other than title insurance, the amount of the unearned premium reserves computed in accordance with NRS 681B.060 and 681B.070 .

6. Taxes, expenses and other obligations due or accrued at the date of the statement.
Nev. Rev. Stat. § 695B.020 — NV Code / Title 57 / Chapter 695B / Section 695B.020
Scope
Status: in_force

1. This chapter does not: (a) Apply to or govern any corporation which is organized for profit, which contemplates any pecuniary gain to its shareholders or members, or which conducts or is authorized by its articles of incorporation to conduct any business whatsoever on a profit basis. (b) Authorize and must not be construed to authorize, directly or indirectly, any corporation to operate a hospital or a medical or dental service plan on a profit basis.

2. Except as otherwise provided in subsection 3, a corporation subject to the provisions of this chapter shall not own or operate any hospital or engage in any business other than that of establishing, maintaining and operating a nonprofit hospital, medical or dental service plan.

3. A corporation subject to the provisions of this chapter may, with the approval of the Commissioner, engage in any business reasonably and necessarily incidental to the business of a nonprofit hospital, medical or dental service plan.
Nev. Rev. Stat. § 683A.181 — NV Code / Title 57 / Chapter 683A / Section 683A.181
Definitions
Status: in_force

As used in NRS 683A.181 to 683A.189 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 683A.1815 to 683A.1837 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 694C.141 — NV Code / Title 57 / Chapter 694C / Section 694C.141
“Risk retention group” defined
Status: in_force

“Risk retention group” has the meaning ascribed to it in NRS 695E.110 .
Nev. Rev. Stat. § 692B.240 — NV Code / Title 57 / Chapter 692B / Section 692B.240
Failure to complete or qualify
Status: in_force

1. The Commissioner shall withdraw all funds held in escrow under NRS 692B.170 , and refund to securities subscribers or purchasers all sums paid in thereon under the solicitation permit, less that part allowed and used for organization, sales and promotion expenses, if: (a) The permit holder has failed to complete its organization or financing, within the terms of the permit, or, if to be an insurer, it has failed to secure its certificate of authority, all before expiration of the permit; or (b) The permit is revoked.

2. As to funds paid in on subscriptions by founders, promoters and incorporators and held on deposit in lieu of the bond under subsection 3 of NRS 692B.150 , only such portion of such funds shall be refundable under this section as may remain after discharge of all liabilities against the deposit under NRS 692B.150 and the charging of such funds with a proportionate share of organization, sales and promotion expenses.

3. If a proposed domestic mutual insurer fails to complete its organization and to secure its original certificate of authority within the period allowed therefor by the solicitation permit, the corporation shall transact no further business, and the Commissioner shall return or cause to be returned to the persons entitled thereto all advance deposits or payments of premiums or fees held in escrow under NRS 692B.230 .
Nev. Rev. Stat. § 693B.130 — NV Code / Title 57 / Chapter 693B / Section 693B.130
Commissioner authorized to declare certain provisions of law operative and inoperative; powers of companies, officers and directors
Status: in_force

1. At any time after an attack, upon determination by the Commissioner that such action will tend to promote certainty as to the powers of organizations or individuals pursuant to this chapter, or that such action is desirable to enable organizations to take preparatory precautions prior to the occurrence of an acute emergency, the Commissioner may declare that any provision of this chapter which the Commissioner may specify shall be operative with respect to any domestic organization or to the Nevada business of any other organization which the Commissioner may designate. Upon such declaration such organization and its directors, officers, acting directors and acting officers shall have all powers conferred by such provisions of this chapter. The failure of the Commissioner so to declare shall not be deemed to limit the powers of any organization or its directors, officers, acting directors or acting officers where an acute emergency exists in fact.

2. At any time after the commencement of an acute emergency or after the Commissioner has declared any provision of this chapter operative pursuant to subsection 1, upon determination by the Commissioner that an organization is able, in whole or in part, to carry on its business in compliance with its charter and the laws other than this chapter, the Commissioner may declare that any provision of this chapter which the Commissioner may specify shall be inoperative with respect to any domestic organization or to the Nevada business of any other organization which the Commissioner may designate. Upon such declaration, such organization shall be governed by its charter and the provisions of law other than this chapter except insofar as other provisions of this chapter remain operative.
Nev. Rev. Stat. § 688C.420 — NV Code / Title 57 / Chapter 688C / Section 688C.420
Use of words, symbols or physical materials similar to those of governmental program or agency; creation of impression of governmental recommendation or endorsement; statements regarding licensing
Status: in_force

1. An advertisement may not use a combination of words, symbols or physical materials that by their content, phraseology, shape, color or other characteristic are so similar to a combination of words, symbols or physical materials used by a governmental program or agency, or otherwise appear to be of such a nature, that they tend to mislead viators or purchasers of viatical settlements into believing that the solicitation is connected with a governmental program or agency. An advertisement may not create the impression that a provider of viatical settlements, the provider’s financial condition or business practices, the payment of the provider’s claims or the merit, desirability or advisability of the provider’s viatical settlements or agreements to purchase viatical settlements is recommended or endorsed by a governmental authority.

2. An advertisement may state that a provider of viatical settlements is licensed in the state in which the advertisement appears, if it does not imply that competing providers are not so licensed. The advertisement may suggest consulting the licensee's website or communicating with the Commissioner to ascertain whether the state requires licensing and, if so, whether a particular provider or broker of viatical settlements is licensed.
Nev. Rev. Stat. § 695A.235 — NV Code / Title 57 / Chapter 695A / Section 695A.235
Offering policy of health insurance for purposes of establishing health savings account
Status: in_force

A society 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. § 680A.140 — NV Code / Title 57 / Chapter 680A / Section 680A.140
Required deposit; deposit in other state
Status: in_force

1. The Commissioner shall not authorize an insurer to transact insurance in this state, other than an alien insurer or a title insurer, unless it makes and thereafter continuously maintains on deposit in this state, through the Commissioner, cash or securities eligible for such deposit under the laws of this state of a fair market value not less than its minimum required capital stock (if a stock insurer) or minimum required basic surplus (if a mutual or reciprocal insurer), for the protection of the insurer's policyholders or of its policyholders and creditors in the United States of America. The Commissioner may adopt regulations which allow the use of securities as a deposit without delivery of the securities to the Commissioner.

2. The Commissioner shall not so authorize a title insurer unless it so deposits and maintains such cash or securities of fair market value not less than its minimum required capital stock as a guaranty fund for the security and protection of the holders of, or beneficiaries under, the title insurance contracts issued by the insurer.

3. The Commissioner shall not so authorize an alien insurer unless it so makes and thereafter continuously maintains such a deposit, representing money in excess of all the insurer's liabilities under insurance contracts in force in the United States of America, of a fair market value of not less than that required under subsection 1, as to a like foreign insurer. The deposit must be held in trust for the protection of all the insurer's policyholders, or policyholders and creditors, in the United States of America.

4. In lieu of such a deposit made or maintained in this state, the Commissioner shall accept the certificate in proper form of the public officer having general supervision of insurers in any other state to the effect that a deposit of like quality and amount, or part thereof, by an insurer is being maintained for like purposes in public custody or control pursuant to the laws of that state, if the Commissioner is satisfied as to the like quality and amount of the deposit.

5. All such deposits in this state are subject to the applicable provisions of chapter 682B of NRS .
Nev. Rev. Stat. § 692C.220 — NV Code / Title 57 / Chapter 692C / Section 692C.220
Information required to be furnished to shareholders; expenses of mailing; filing of security for payment of expenses
Status: in_force

All statements, amendments or other material filed pursuant to NRS 692C.180 and 692C.190 and all notices of public hearings held pursuant to NRS 692C.210 shall be mailed by the insurer to its shareholders within 5 business days after the insurer has received such statements, amendments, other material or notices. The expenses of mailing shall be borne by the person making the filing. As security for the payment of such expenses, such person shall file with the Commissioner an acceptable bond or other deposit in an amount to be determined by the Commissioner.
Nev. Rev. Stat. § 695A.420 — NV Code / Title 57 / Chapter 695A / Section 695A.420
Judicial review of Commissioner's findings and decisions
Status: in_force

All decisions and findings of the Commissioner made under the provisions of this chapter are subject to review by proper proceedings in any court of competent jurisdiction in this state.
Nev. Rev. Stat. § 682A.514 — NV Code / Title 57 / Chapter 682A / Section 682A.514
Medium and lower grade investments
Status: in_force

1. An insurer shall not acquire, directly or indirectly through an investment subsidiary, an investment in accordance with the provisions of NRS 682A.518 , 682A.530 to 682A.538 , inclusive, or 682A.550 to 682A.558 , inclusive, or counterparty exposure in accordance with the provisions of NRS 682A.566 if, as a result of and after giving effect to the investment: (a) The aggregate amount of all medium and lower grade investments held by the insurer would exceed 20 percent of its admitted assets; (b) The aggregate amount of lower grade investments held by the insurer would exceed 10 percent of its admitted assets; (c) The aggregate amount of investments rated 5 or 6 by the SVO held by the insurer would exceed 5 percent of its admitted assets; (d) The aggregate amount of investments rated 6 by the SVO held by the insurer would exceed 1 percent of its admitted assets; or (e) The aggregate amount of medium and lower grade investments held by the insurer that receive as cash income less than the equivalent yield for United States Treasury issues with a comparative average life, would exceed 1 percent of its admitted assets.

2. An insurer shall not acquire, directly or indirectly through an investment subsidiary, an investment in accordance with the provisions of NRS 682A.518 , 682A.530 to 682A.538 , inclusive, or 682A.550 to 682A.558 , inclusive, or counterparty exposure in accordance with the provisions of NRS 682A.566 if, as a result of and after giving effect to the investment: (a) The aggregate amount of medium and lower grade investments issued, assumed, guaranteed, accepted or insured by any one person or, as to asset-backed securities by or evidencing an interest in a single asset or pool of assets, held by the insurer, would exceed 1 percent of its admitted assets; or (b) The aggregate amount of lower grade investments issued, assumed, guaranteed, accepted or insured by any one person or, as to asset-backed securities by or evidencing an interest in a single asset or pool of assets, held by the insurer, would exceed 0.5 percent of its admitted assets.

3. If an insurer attains or exceeds the limit of any one rating category referred to in this section, the insurer must not be precluded from acquiring investments in other rating categories subject to the specific and multicategory limits applicable to those investments.
Nev. Rev. Stat. § 685A.140 — NV Code / Title 57 / Chapter 685A / Section 685A.140
Suspension or revocation of broker's license
Status: in_force

1. In addition to other grounds therefor, the Commissioner may suspend or revoke any surplus lines broker's license: (a) If the broker fails to file the quarterly statement or to remit the tax as required by NRS 685A.175 and 685A.180 ; (b) If the broker fails to maintain an office in this state or in the state where the broker was issued a license as a resident broker, or to keep the records, or to allow the Commissioner to examine his or her records as required by this chapter, or if the broker removes his or her records from the state; or (c) If this State is the insured's home state and the broker places a surplus lines coverage in an insurer other than as authorized under this chapter.

2. Upon suspending or revoking the broker's surplus lines license the Commissioner may also suspend or revoke all other licenses of or as to the same individual under this Code.
Nev. Rev. Stat. § 686C.285 — NV Code / Title 57 / Chapter 686C / Section 686C.285
Protest by member insurer: Procedure
Status: in_force

1. A member insurer that wishes to protest all or part of an assessment shall pay the full amount of the assessment when due, as set forth in the notice from the Association. The payment may be used to meet obligations of the Association during the pendency of the assessment and any subsequent appeal. Payment must be accompanied by a statement in writing that the payment is made under protest and setting forth briefly the grounds for the protest.

2. Within 60 days after the payment of an assessment under protest, the Association shall notify the member insurer in writing of the determination of the Association with respect to the protest, unless the Association notifies the member insurer that additional time is required to resolve the issues raised by the protest.

3. Within 30 days after a final decision is made, the Association shall notify the protesting member insurer in writing of the final decision. Within 60 days after receipt of that notice, the protesting member insurer may appeal the decision to the Commissioner.

4. As an alternative to making a final decision with respect to a protest concerning the basis of assessment, the Association may refer the protest to the Commissioner for a final decision, with or without a recommendation from the Association.

5. If a protest or appeal is upheld, the amount paid in error or excess must be returned to the member insurer. Interest must be paid on the refund at the rate actually earned by the Association.
Nev. Rev. Stat. § 693A.210 — NV Code / Title 57 / Chapter 693A / Section 693A.210
Mutual insurers: Bylaws
Status: in_force

Every domestic mutual insurer shall promptly file with the Commissioner a copy, certified by the insurer's secretary, of its bylaws and of every modification thereof or addition thereto. The bylaws and modifications thereof shall be subject to the Commissioner's approval. The Commissioner shall not disapprove any such bylaw or modification unless found by the Commissioner, after a hearing held thereon, to be unlawful, unreasonable, inadequate, unfair or injurious to the proper interests or protection of the insurer's members or any class thereof. The insurer shall not, after receiving written notice of such disapproval and during the existence thereof, effectuate any bylaw provision so disapproved.
Nev. Rev. Stat. § 682A.506 — NV Code / Title 57 / Chapter 682A / Section 682A.506
Required reporting of reserves
Status: in_force

A property and casualty, financial guaranty, mortgage guaranty or accident and health insurer shall supplement its annual statement with a reconciliation and summary of its assets and reserve requirements as required in NRS 682A.502 and 682A.504 . A reconciliation and summary showing that an insurer's assets as required in NRS 682A.502 and 682A.504 are greater than or equal to its undiscounted reserves referred to in NRS 682A.502 and 682A.504 is sufficient to satisfy this requirement. Upon prior notification, the Commissioner may require an insurer to submit such a reconciliation and summary with any quarterly statement filed during the calendar year.
Nev. Rev. Stat. § 688A.165 — NV Code / Title 57 / Chapter 688A / Section 688A.165
Surrender and request for cancellation of contract or policy
Status: in_force

1. No annuity contract, pure endowment contract or policy of life insurance, other than a replacement contract or policy, may be delivered or issued for delivery in this state unless it contains a provision, or a notice attached to the contract or policy, which, in substance, states that during a period of 10 days from the date the contract or policy is delivered to the contract or policy owner, it may be surrendered to the insurer together with a written request for cancellation of the contract or policy and in such event, the insurer will refund any premium paid therefor, including any contract or policy fees or other charges.

2. No annuity contract, pure endowment contract or policy of life insurance that is a replacement contract or policy may be delivered or issued for delivery in this State unless it contains a provision, or a notice attached to the contract or policy, which, in substance, states that during a period of 30 days after the date on which the contract or policy is delivered to the contract or policy owner, it may be surrendered to the insurer together with a written request for cancellation of the contract or policy and in such event, the insurer will refund any premium paid therefor, including any contract or policy fees or other charges.

3. This section does not apply to industrial life insurance policies.
Nev. Rev. Stat. § 696A.140 — NV Code / Title 57 / Chapter 696A / Section 696A.140
Certificate of authority: Application and documents; fees; bond; name approval
Status: in_force

The Commissioner shall not issue a certificate of authority to any motor club until:

1. It files with the Commissioner the following: (a) A formal application for the certificate in such form and detail as the Commissioner requires, executed under oath by its president or other principal officer. (b) A certified copy of its charter or articles of incorporation and its bylaws.

2. It pays to the Commissioner the following: (a) The fee specified in NRS 680B.010 for the filing of an application for the certificate; (b) The fee specified in NRS 680B.010 for the issuance of the certificate; and (c) In addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110 .

3. It deposits the required cash, securities, bond or evidence of such a deposit in another state as provided in NRS 696A.080 with the Commissioner.

4. Its name is approved by the Commissioner pursuant to NRS 696A.120 .
Nev. Rev. Stat. § 695D.030 — NV Code / Title 57 / Chapter 695D / Section 695D.030
“Dental care” defined
Status: in_force

“Dental care” means the services ordinarily provided by dentists and includes appliances, drugs, medicines, supplies, prosthetic appliances, orthodontic appliances, and metal, ceramic or other restorations customarily used or provided by a dentist.
Nev. Rev. Stat. § 683A.1855 — NV Code / Title 57 / Chapter 683A / Section 683A.1855
Restrictions relating to sales and coverage; rates to be filed with Commissioner
Status: in_force

1. A licensee may offer, sell, solicit or negotiate personal property storage insurance only in connection with a rental agreement only as individual coverage for an individual occupant or group coverage for one or more occupants of the facility. A licensee is only authorized to provide to such occupants personal property storage insurance coverage for the following: (a) The loss of or damage to personal property stored in a storage space at the facility where the loss or damage occurs or while the personal property is in transit to or from the facility during the time period covered by the rental agreement of the occupant. (b) Other loss directly related to the rental agreement of the occupant.

2. Notwithstanding the provisions of any law to the contrary, the rates for any personal property storage insurance sold by a licensee to one or more occupants of the facility of the licensee must be filed with the Commissioner pursuant to chapter 686B of NRS .
Nev. Rev. Stat. § 696B.260 — NV Code / Title 57 / Chapter 696B / Section 696B.260
Service of process
Status: in_force

A certified copy of any order to show cause issued under NRS 696B.250 , and a copy of the petition upon which the order is made, must be served upon the insurer by delivering the same to its president, vice president, secretary, treasurer, director, agent for service of process, or to its managing agent, or attorney-in-fact, if a reciprocal insurer. If no such officer or functionary can readily be found in this State, then such process may be served upon the insurer by service thereof upon the Commissioner pursuant to NRS 680A.250 and 680A.260 , and in which case the additional 10 days provided by subsection 3 of NRS 680A.260 does not apply.
Nev. Rev. Stat. § 696A.230 — NV Code / Title 57 / Chapter 696A / Section 696A.230
Service contract: Misrepresentation of terms, benefits or privileges prohibited
Status: in_force

A club or an officer or agent thereof shall not in any manner misrepresent the terms, benefits or privileges of any service contract issued or to be issued by it.
Nev. Rev. Stat. § 695B.1949 — NV Code / Title 57 / Chapter 695B / Section 695B.1949
Contract covering anatomical gifts, organ transplants or treatments or services related to organ transplants: Prohibited acts by insurer if insured is person with disability
Status: in_force

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

2. As used in this section: (a) “Anatomical gift” has the meaning ascribed to it in NRS 451.513 . (b) “Disability” has the meaning ascribed to it in 42 U.S.C. § 12102(1) . (c) “Provider of medical or related services” has the meaning ascribed to it in NRS 460.160 .
Nev. Rev. Stat. § 682A.536 — NV Code / Title 57 / Chapter 682A / Section 682A.536
Computation of investments held as personal property under lease for purposes of investment diversification requirements
Status: in_force

For the purposes of determining compliance with the limitations of NRS 682A.512 , 682A.514 and 682A.516 , investments acquired by an insurer in accordance with the provisions of NRS 682A.530 to 682A.538 , inclusive, must be aggregated with those acquired in accordance with the provisions of NRS 682A.518 , and each lessee of the property in accordance with a lease referred to in NRS 682A.530 to 682A.538 , inclusive, shall be deemed the issuer of an obligation in the amount of the investment of the insurer in the property determined as provided in NRS 682A.532 .
Nev. Rev. Stat. § 690A.0195 — NV Code / Title 57 / Chapter 690A / Section 690A.0195
“Gross debt” defined
Status: in_force

“ Gross debt ” means the sum of the remaining payments owed to a creditor by a debtor.
Nev. Rev. Stat. § 687B.870 — NV Code / Title 57 / Chapter 687B / Section 687B.870
“Network” defined
Status: in_force

“Network” has the meaning ascribed to it in NRS 687B.640 .
Nev. Rev. Stat. § 689.255 — NV Code / Title 57 / Chapter 689 / Section 689.255
Agent's license: Period of validity; renewal; fees for renewal; expiration
Status: in_force

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

1. Each agent's license issued or renewed pursuant to NRS 689.150 to 689.375 , inclusive, continues in force for 3 years unless it is suspended, revoked or otherwise terminated.

2. An agent's license may be renewed at the request of the holder of a valid seller's certificate of authority, upon filing a written request for renewal accompanied by all applicable fees for renewal and the statement required pursuant to NRS 689.258 . All applicable fees for renewal are nonrefundable.

3. Any license not so renewed expires on the renewal date. The Commissioner may accept a request for renewal received by the Commissioner within 30 days after the expiration of the license if the request is accompanied by a fee for renewal of 150 percent of all applicable fees otherwise required, except for any fee required pursuant to NRS 680C.110 , and the statement required pursuant to NRS 689.258 .

4. An agent's license is valid only while the agent is employed by a holder of a valid seller's certificate of authority.

5. As used in this section, “ renewal date ” means: (a) For the first renewal of the license, the last day of the month which is 3 years after the month in which the Commissioner originally issued the license. (b) For each renewal after the first renewal of the license, the last day of the month which is 3 years after the month in which the license was last due to be renewed.
Nev. Rev. Stat. § 682A.043 — NV Code / Title 57 / Chapter 682A / Section 682A.043
“Commercial mortgage loan” defined
Status: in_force

“ Commercial mortgage loan ” means any mortgage loan other than a residential mortgage loan.
Nev. Rev. Stat. § 689B.0358 — NV Code / Title 57 / Chapter 689B / Section 689B.0358
Required provision concerning coverage for management and treatment of sickle cell disease and its variants; required provision in policy covering prescription drugs concerning coverage for medically necessary prescription drugs to treat sickle cell disease and its variants
Status: in_force

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

2. An insurer that issues a policy of group health insurance which provides coverage for prescription drugs shall include in the policy coverage for medically necessary prescription drugs to treat sickle cell disease and its variants.

3. 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.

4. As used in this section: (a) “ Case management services ” means medical or other health care management services to assist patients and providers of health care, including, without limitation, identifying and facilitating additional resources and treatments, providing information about treatment options and facilitating communication between providers of services to a patient. (b) “ Medical management technique ” means a practice which is used to control the cost or utilization of health care services. The term includes, without limitation, the use of step therapy, prior authorization or categorizing drugs and devices based on cost, type or method of administration. (c) “ Medically necessary ” has the meaning ascribed to it in NRS 695G.055 . (d) “ Sickle cell disease and its variants ” has the meaning ascribed to it in NRS 439.4927 .
Nev. Rev. Stat. § 695K.090 — NV Code / Title 57 / Chapter 695K / Section 695K.090
“Public Option” defined
Status: in_force

<Section effective Jan. 1, 2026.>

“ Public Option ” means the Public Option established pursuant to NRS 695K.200 .
Nev. Rev. Stat. § 695C.1695 — NV Code / Title 57 / Chapter 695C / Section 695C.1695
Required provision in plan covering outpatient care concerning coverage of health care services related to hormone replacement therapy; prohibited acts
Status: in_force

1. A health maintenance organization that offers or issues a health care plan which provides coverage for outpatient care shall include in the plan coverage for any health care service related to hormone replacement therapy.

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

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

4. As used in this section, “provider of health care” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 695D.050 — NV Code / Title 57 / Chapter 695D / Section 695D.050
“Member” defined
Status: in_force

“Member” includes the person enrolled in a plan for dental care and the person’s dependents who may also be enrolled in the plan.
Nev. Rev. Stat. § 686A.2815 — NV Code / Title 57 / Chapter 686A / Section 686A.2815
“Insurance fraud” defined
Status: in_force

1. “ Insurance fraud ” means knowingly and willfully: (a) Presenting or causing to be presented any statement to an insurer, a reinsurer, a producer, a broker or any agent thereof, if the person who presents or causes the presentation of the statement knows that the statement conceals or omits facts, or contains false or misleading information concerning any fact material to an application for the issuance of a policy of insurance. (b) Presenting or causing to be presented any statement as a part of, or in support of, a claim for payment or other benefits under a policy of insurance, if the person who presents or causes the presentation of the statement knows that the statement conceals or omits facts, or contains false or misleading information concerning any fact material to that claim. (c) Assisting, abetting, soliciting or conspiring with another person to present or cause to be presented any statement to an insurer, a reinsurer, a producer, a broker or any agent thereof, if the person who assists, abets, solicits or conspires knows that the statement conceals or omits facts, or contains false or misleading information concerning any fact material to an application for the issuance of a policy of insurance or a claim for payment or other benefits under such a policy. (d) Acting or failing to act with the intent of defrauding or deceiving an insurer, a reinsurer, a producer, a broker or any agent thereof, to obtain a policy of insurance or any proceeds or other benefits under such a policy. (e) As a practitioner, an insurer or any agent thereof, acting to assist, conspire with or urge another person to commit any act or omission specified in this section through deceit, misrepresentation or other fraudulent means. (f) Accepting any proceeds or other benefits under a policy of insurance, if the person who accepts the proceeds or other benefits knows that the proceeds or other benefits are derived from any act or omission specified in this section. (g) Employing a person to procure clients, patients or other persons who obtain services or benefits under a policy of insurance for the purpose of engaging in any act or omission specified in this section, except that such insurance fraud does not include contact or communication by an insurer or an agent or representative of the insurer with a client, patient or other person if the contact or communication is made for a lawful purpose, including, without limitation, communication by an insurer with a holder of a policy of insurance issued by the insurer or with a claimant concerning the settlement of any claims against the policy. (h) Participating in, aiding, abetting, conspiring to commit, soliciting another person to commit, or permitting an employee or agent to commit any act or omission specified in this section.

2. As used in this section, “ policy of insurance ” means: (a) Any policy issued in this State by an authorized insurer; and (b) Any policy issued outside this State by an authorized insurer which relates to property that: (1) Is located in this State when any act or omission specified in this section occurs; or (2) Was located in this State when the incident that gave rise to the act or omission specified in this section occurred.
Nev. Rev. Stat. § 694C.100 — NV Code / Title 57 / Chapter 694C / Section 694C.100
“Mutual insurer” defined
Status: in_force

“Mutual insurer” has the meaning ascribed to it in NRS 680A.030 .
Nev. Rev. Stat. § 693A.310 — NV Code / Title 57 / Chapter 693A / Section 693A.310
Affiliation of stock insurers
Status: in_force

1. A domestic stock insurer shall not acquire a controlling interest in the shares of another stock insurer by an exchange of securities or partly in exchange for securities and partly for cash or property, unless the insurer has first submitted the plan for such acquisition and exchange to the Commissioner and the Commissioner has approved the same.

2. The Commissioner shall not so approve unless the Commissioner finds the plan for such acquisition and the terms and conditions thereof to be fair and equitable to all parties concerned therein, after a hearing at which all persons to whom it is proposed to issue securities in such exchange shall have the right to appear.

3. Notice and conduct of such hearing shall be as provided in NRS 679B.310 to 679B.370 , inclusive.
Nev. Rev. Stat. § 695B.225 — NV Code / Title 57 / Chapter 695B / Section 695B.225
Policies of group insurance: Order of benefits
Status: in_force

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

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

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

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

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

5. The primary policy is the policy which covers a person as an employee who is neither laid off nor retired, or that employee's dependent. The secondary policy is the policy which covers that person as a laid off or retired employee, or that employee's dependent.

6. If none of the rules in subsections 1 to 5, inclusive, determines the order of benefits, the primary policy is the policy which covered an employee, member or subscriber longer. The secondary policy is the policy which covered that person the shorter time.

When a policy is determined to be a secondary policy it acts to provide benefits in excess of those provided by the primary policy. The secondary policy may not reduce benefits based upon payments by the primary policy, except that this provision does not require duplication of benefits.
Nev. Rev. Stat. § 695I.390 — NV Code / Title 57 / Chapter 695I / Section 695I.390
Coordination with Medicaid, Children’s Health Insurance Program and other public programs
Status: in_force

1. The Board and the Department of Health and Human Services shall ensure that the Exchange coordinates with Medicaid, the Children's Health Insurance Program and any other applicable state or local public programs to create a single point of entry for users of the Exchange who are eligible for such programs and to promote continuity of coverage and care.

2. As used in this section, “Children's Health Insurance Program” has the meaning ascribed to it in NRS 422.021 .
Nev. Rev. Stat. § 696B.290 — NV Code / Title 57 / Chapter 696B / Section 696B.290
Conduct of delinquency proceedings against domestic insurers and certain alien insurers; appointment and payment of costs of special deputy commissioners and other persons
Status: in_force

1. Whenever under this chapter a receiver is to be appointed in delinquency proceedings for an insurer, the court shall appoint the Commissioner as such receiver. The court shall order the Commissioner forthwith to take possession of the assets of the insurer and to administer the assets under the orders of the court.

2. As a domiciliary receiver, the Commissioner shall be vested by operation of law with the title to all of the property, contracts and rights of action, and all of the books and records of the insurer, wherever located, as of the date of entry of the order directing the Commissioner to conserve, rehabilitate or liquidate a domestic insurer or to liquidate the United States branch of an alien insurer domiciled in this state, and the Commissioner shall have the right to recover the same and reduce the same to possession; but ancillary receivers in reciprocal states shall have, as to assets located in their respective states, the rights and powers which are prescribed in this chapter for ancillary receivers appointed in this state as to assets located in this state.

3. The filing or recording of the order directing possession to be taken, or a certified copy thereof, in any office where instruments affecting title to property are required to be filed or recorded shall impart the same notice as would be imparted by a deed, bill of sale or other evidence of title duly filed or recorded.

4. The Commissioner as domiciliary receiver shall be responsible for the proper administration of all assets coming into the possession or control of the Commissioner. The court may at any time require a bond from the Commissioner or the deputies of the Commissioner if deemed desirable for the protection of such assets.

5. Upon taking possession of the assets of an insurer, the domiciliary receiver shall immediately proceed to conduct the business of the insurer or to take such steps as are authorized by this chapter for the purpose of rehabilitating, liquidating or conserving the affairs or assets of the insurer.

6. In connection with delinquency proceedings, the Commissioner may appoint one or more special deputy commissioners to act for the Commissioner and the Commissioner may employ such counsel, clerks and assistants as the Commissioner deems necessary. The compensation of the special deputies, counsel, clerks or assistants and all expenses of taking possession of the insurer and of conducting the proceedings shall be fixed by the receiver and shall be paid out of the funds or assets of the insurer. Within the limits of duties imposed upon them, special deputies shall possess all the powers given to and, in the exercise of those powers, shall be subject to all of the duties imposed upon the receiver with respect to such proceedings. The persons appointed pursuant to this subsection serve at the pleasure of the Commissioner.

7. During such receivership the Commissioner shall file in the court, at regular intervals not less frequently than quarterly, the Commissioner's true reports in summary form of the insurer's affairs under the receivership, and of progress being made in accomplishing the objectives of the receivership. All such reports, together with such additional or special reports as the court may reasonably require, shall be subject to review by the court; and all actions of the receiver therein reported shall be subject to the court's approval, but the court shall not withhold approval or disapprove any such action unless found by the court after a hearing thereon in open court to be unlawful, arbitrary or capricious.
Nev. Rev. Stat. § 691C.320 — NV Code / Title 57 / Chapter 691C / Section 691C.320
Policies, forms and schedules: Filing; approval; withdrawal of approval
Status: in_force

1. Except as otherwise provided in NRS 691C.330 and 691C.340 , all policies, certificates of insurance, applications for insurance, enrollment forms, endorsements and riders delivered or issued for delivery in this State and the schedules of premium rates related thereto must be filed with the Commissioner.

2. An item filed with the Commissioner pursuant to subsection 1 may not be issued until 60 days after it is filed with the Commissioner or until the written prior approval of the Commissioner is obtained.

3. The Commissioner shall, not more than 60 days after an item is submitted to the Commissioner pursuant to subsection 1, disapprove the item if the benefits are not reasonable in relation to the premium charged or if the item contains provisions that are unjust, unfair, inequitable, misleading or deceptive or encourage misrepresentation of the coverage or are contrary to any provision of the Code or any regulation adopted pursuant to the Code. If the Commissioner does not disapprove an item filed pursuant to subsection 1 in accordance with this subsection, the item shall be deemed to be approved.

4. If the Commissioner notifies an insurer that an item is disapproved pursuant to subsection 3, the insurer shall not use the item. The notice must include the reason for the disapproval and state that a hearing will be granted not more than 30 days after the insurer submits a written request for a hearing to the Commissioner, unless postponed by mutual consent or by order of the Commissioner.

5. The Commissioner may hold a hearing to withdraw approval of an item submitted pursuant to subsection 1 not less than 20 days after providing a written notice of the hearing to the insurer. The written notice must include one of the reasons described in subsection 3 for the proposed withdrawal of approval of the item. An insurer shall not use an item if approval of the item is withdrawn pursuant to this subsection.
Nev. Rev. Stat. § 695F.340 — NV Code / Title 57 / Chapter 695F / Section 695F.340
Fees
Status: in_force

Each prepaid limited health service organization shall pay to the Commissioner the following fees:

For filing an application for a certificate of authority $2,450

For issuance of a certificate of authority 283

For the renewal of a certificate of authority 2,450

For filing a material change or addition of a limited health service 100

For filing an annual report 25

For filing periodic reports required by the Commissioner 25

In addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110 .
Nev. Rev. Stat. § 683C.035 — NV Code / Title 57 / Chapter 683C / Section 683C.035
Form and prerequisites for approval of application for license; licensing of business organization; verification of information; duration of license; lines of authority
Status: in_force

1. The Commissioner shall prescribe the form of application by a natural person for a license as an insurance consultant. The applicant must declare, under penalty of refusal to issue, or suspension or revocation of, the license, that the statements made in the application are true, correct and complete to the best of his or her knowledge and belief. Before approving the application, the Commissioner must find that the applicant has: (a) Attained the age of 18 years. (b) Not committed any act that is a ground for refusal to issue, or suspension or revocation of, a license pursuant to NRS 683A.451 . (c) Paid all applicable fees prescribed for the license, which may not be refunded. (d) Passed each examination required for the license unless the applicant is a resident of another state and holds a similar license in that state.

2. A business organization must be licensed as an insurance consultant in order to act as such. Application must be made on a form prescribed by the Commissioner. Before approving the application, the Commissioner must find that the applicant has: (a) Paid all applicable fees prescribed for the license, which may not be refunded; and (b) Designated a natural person who is licensed as an insurance consultant in this State and who is authorized to transact business on behalf of the business organization to be responsible for the organization's compliance with the laws and regulations of this State relating to insurance.

3. The Commissioner may require any document reasonably necessary to verify information contained in an application.

4. A license issued pursuant to this chapter is valid for 3 years after the date of issuance or until it is suspended, revoked or otherwise terminated.

5. An insurance consultant may qualify for a license pursuant to this chapter in one or more of the lines of authority set forth in paragraphs (a) to (d), inclusive, of subsection 1 of NRS 683A.261 .
Nev. Rev. Stat. § 686B.250 — NV Code / Title 57 / Chapter 686B / Section 686B.250
Nevada Essential Insurance Association: Immunity from liability
Status: in_force

There is no liability on the part of, and no cause of action of any nature arises against, the Nevada Essential Insurance Association or its agents or employees, members of the Board or the Commissioner or the representatives of the Commissioner for any good faith performance of their powers and duties under NRS 686B.210 to 686B.240 , inclusive.
Nev. Rev. Stat. § 695C.194 — NV Code / Title 57 / Chapter 695C / Section 695C.194
Provision of health care services to recipients of Medicaid or enrollees in Children’s Health Insurance Program: Requirement to contract with hospital with certain endorsement for inclusion in network of providers
Status: in_force

A health maintenance organization that provides health care services to recipients of Medicaid under the State Plan for Medicaid or insurance pursuant to the Children's Health Insurance Program pursuant to a contract with the Division of Health Care Financing and Policy of the Department of Health and Human Services shall negotiate in good faith to enter into a contract with a hospital with an endorsement as a crisis stabilization center pursuant to NRS 449.0915 to include the hospital in the network of providers under contract with the health maintenance organization to provide services to recipients of Medicaid or enrollees in the Children's Health Insurance Program, as applicable.
Nev. Rev. Stat. § 682A.436 — NV Code / Title 57 / Chapter 682A / Section 682A.436
Limitation on aggregate amount of investments held in mortgage loans and real estate
Status: in_force

1. An insurer shall not acquire an investment in accordance with the provisions of NRS 682A.430 if, as a result of and after giving effect to the investment, the aggregate amount of all investments held by the insurer pursuant to that section would exceed: (a) One percent of its admitted assets in mortgage loans covering any one secured location; (b) One-quarter of one percent of its admitted assets in construction loans covering any one secured location; or (c) Two percent of its admitted assets in construction loans in the aggregate.

2. An insurer shall not acquire an investment under NRS 682A.432 if, as a result of and after giving effect to the investment and any outstanding guarantees made by the insurer in connection with the investment, the aggregate amount of investments held by the insurer under NRS 682A.432 plus the guarantees outstanding would exceed: (a) One percent of its admitted assets in one parcel or group of contiguous parcels of real estate, except that this limitation does not apply to that portion of real estate used for the direct provision of health care services by an accident and health insurer for its insureds, such as hospitals, medical clinics, medical professional buildings or other health facilities used for the purpose of providing health services; or (b) Fifteen percent of its admitted assets in the aggregate, but not more than 5 percent of its admitted assets as to properties that are to be improved or developed.

3. An insurer shall not acquire an investment pursuant to NRS 682A.430 or 682A.432 if, as a result of and after giving effect to the investment and any guarantees made by the insurer in connection with the investment, the aggregate amount of all investments held by the insurer in accordance with those sections plus the guarantees outstanding would exceed 45 percent of the insurer's admitted assets. An insurer may exceed this limitation by not more than 30 percent of the insurer's admitted assets if: (a) This increased amount is invested only in residential mortgage loans; (b) The insurer has not more than 10 percent of the insurer's admitted assets invested in mortgage loans other than residential mortgage loans; (c) The loan-to-value ratio of each residential mortgage loan does not exceed 60 percent at the time the mortgage loan is qualified pursuant to this increased authority, and the fair market value is supported by an appraisal that is not more than 2 years old and prepared by an independent appraiser; (d) A single mortgage loan qualified pursuant to this increased authority does not exceed 0.5 percent of the insurer's admitted assets; (e) The insurer files with the Commissioner, and receives approval from the Commissioner for, a plan that is designed to result in a portfolio of residential mortgage loans that is sufficiently geographically diversified; and (f) The insurer agrees to file annually with the Commissioner records which demonstrate that the insurer's portfolio of residential mortgage loans is geographically diversified in accordance with the plan.

4. The limitations of NRS 682A.402 , 682A.404 and 682A.406 do not apply to an insurer's acquisition of real estate under NRS 682A.434 . An insurer shall not acquire real estate under NRS 682A.434 if, as a result of and after giving effect to the acquisition, the aggregate amount of real estate held by the insurer in accordance with that section would exceed 10 percent of its admitted assets. With the approval of the Commissioner, additional amounts of real estate may be acquired under NRS 682A.434 .
Nev. Rev. Stat. § 690A.087 — NV Code / Title 57 / Chapter 690A / Section 690A.087
Adoption of forms by regulation; use of forms by insurer
Status: in_force

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

2. If an officer of the insurer submits, in the manner prescribed by the Commissioner, a written certification to the Commissioner that the forms used by the insurer are identical to those adopted by the Commissioner, the insurer is not required to file those forms with the Commissioner for approval pursuant to NRS 690A.085 .
Nev. Rev. Stat. § 686C.080 — NV Code / Title 57 / Chapter 686C / Section 686C.080
“Covered policy or contract” defined
Status: in_force

“Covered policy or contract” means any policy or contract included within the scope of this chapter, as expressed in NRS 686C.030 and 686C.035 .
Nev. Rev. Stat. § 692A.150 — NV Code / Title 57 / Chapter 692A / Section 692A.150
Reserve against unpaid losses and loss expenses
Status: in_force

1. Each domestic title insurer shall establish and at all times maintain a reserve against: (a) Unpaid losses; and (b) Loss expenses, and shall calculate the reserves by making a careful estimate in each case of the loss and loss expense likely to be incurred by reason of each claim presented upon receiving notice from or on behalf of the insured of a title defect in or lien or adverse claim against the title of the insured which may result in a loss or cause expense to be incurred for the proper disposition of the claim.

2. Reserves required by this section may be revised from time to time and shall be redetermined at least once each year.

3. Amounts set aside in reserves in any year shall be deducted in determining the net profit of the year of the insurer.
Nev. Rev. Stat. § 689.160 — NV Code / Title 57 / Chapter 689 / Section 689.160
Applicability of other provisions to agents, sellers and applicants for certificate of authority
Status: in_force

1. The provisions of NRS 683A.341 , 683A.451 , 683A.461 and 686A.010 to 686A.310 , inclusive, apply to agents and sellers.

2. For the purposes of subsection 1, unless the context requires that a section apply only to insurers, any reference in those sections to “insurer” must be replaced by a reference to “agent” and “seller.”

3. The provisions of NRS 679B.230 to 679B.300 , inclusive, apply to sellers. Unless the context requires that a provision apply only to insurers, any reference in those sections to “insurer” must be replaced by a reference to “seller.”

4. The provisions of NRS 683A.301 apply to applicants for and holders of a seller's certificate of authority. Unless the context requires that a provision apply only to an applicant for or holder of a license as a producer of insurance, any reference in that section to: (a) An “applicant for a license as a producer of insurance” must be replaced by a reference to an “applicant for a seller's certificate of authority”; and (b) A “licensee” must be replaced by a reference to a “holder of a seller's certificate of authority.”
Nev. Rev. Stat. § 684B.040 — NV Code / Title 57 / Chapter 684B / Section 684B.040
Application for license; penalty
Status: in_force

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

1. An applicant for a license as a motor vehicle physical damage appraiser must file a written application therefor with the Commissioner on forms prescribed and furnished by the Commissioner. The applicant must furnish information as to his or her identity, personal history, experience, financial responsibility, business record and other pertinent matters as reasonably required by the Commissioner to determine the applicant's eligibility and qualifications for the license.

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

3. If the applicant is a business organization: (a) The business organization must designate a natural person who is a licensed motor vehicle physical damage appraiser or a licensed insurance adjuster and who is authorized to transact business on behalf of the business organization to be responsible for the compliance of the business organization with the insurance laws, rules and regulations of this State; and (b) The application must include the names of all members, officers and directors, and must identify the natural person designated pursuant to paragraph (a).

4. The application must be accompanied by all applicable license fees.

5. An applicant for a license who desires to use a name other than his or her true name must comply with the provisions of NRS 683A.301 . The Commissioner shall not issue a license in a trade name unless the name has been registered pursuant to NRS 600.240 to 600.450 , inclusive.

6. An applicant for a license shall not willfully misrepresent or withhold any fact or information called for in the application form or in connection with the application. A violation of this subsection is a gross misdemeanor.
Nev. Rev. Stat. § 680A.082 — NV Code / Title 57 / Chapter 680A / Section 680A.082
Eligibility for certificate of authority: Additional requirements for self-funded multiple employer welfare arrangements
Status: in_force

The Commissioner may not issue a certificate of authority to a self-funded multiple employer welfare arrangement unless the arrangement establishes to the satisfaction of the Commissioner that the following requirements have been satisfied by the arrangement:

1. The employers participating in the arrangement are members of a bona fide association.

2. The employers participating in the arrangement exercise control over the arrangement, as follows: (a) Subject to paragraph (b), control exists if the board of directors of the bona fide association or the employers participating in the arrangement have the right to elect at least 75 percent of the individuals designated in the arrangement's organizational documents as having control over operations of the arrangement and individuals designated in the arrangement's organizational documents in fact exercise control over the operation of the arrangement; and (b) The use of a third-party administrator to process claims and to assist in the administration of the arrangement is not evidence of the lack of control over the operation of the arrangement.

3. In this State, the arrangement provides only health care services.

4. In this State, the arrangement provides or arranges benefits for health care services in compliance with the provisions of this title that mandate particular benefits or offerings and with provisions that require access to particular types or categories of health care providers and facilities.

5. The arrangement provides health care services to not less than 20 employers and not less than 75 employees.

6. The arrangement may not solicit participation in the arrangement from the general public. However, the arrangement may employ licensed insurance producers who receive a commission, unlicensed individuals who do not receive a commission, and may contract with a licensed insurance producer who may be paid a commission or other remuneration, for the purpose of enrolling and renewing the enrollments of employers in the arrangement.

7. The arrangement has been in existence and operated actively for a continuous period of not less than 10 years as of December 31, 2018, except for an arrangement that has been in existence and operated actively since December 31, 2015, and is sponsored by an association that has been in existence more than 25 years.

8. The arrangement is not organized or maintained solely as a conduit for the collection of premiums and the forwarding of premiums to an insurance company.

9. The arrangement has aggregate stop loss coverage, with an attachment point of 120 percent of expected claims.
Nev. Rev. Stat. § 683A.179 — NV Code / Title 57 / Chapter 683A / Section 683A.179
Other prohibited acts; applicability
Status: in_force

1. A pharmacy benefit manager shall not: (a) Prohibit a pharmacist or pharmacy from providing information to a covered person concerning: (1) The amount of any copayment or coinsurance for a prescription drug; or (2) The availability of a less expensive alternative or generic drug including, without limitation, information concerning clinical efficacy of such a drug; (b) Penalize a pharmacist or pharmacy for providing the information described in paragraph (a) or selling a less expensive alternative or generic drug to a covered person; (c) Prohibit a pharmacy from offering or providing delivery services directly to a covered person as an ancillary service of the pharmacy; or (d) If the pharmacy benefit manager manages a pharmacy benefits plan that provides coverage through a network plan, charge a copayment or coinsurance for a prescription drug in an amount that is greater than the total amount paid to a pharmacy that is in the network of providers under contract with the third party.

2. The provisions of this section: (a) Must not be construed to authorize a pharmacist to dispense a drug that has not been prescribed by a practitioner, as defined in NRS 639.0125 , except to the extent authorized by a specific provision of law, including, without limitation, NRS 453C.120 , 639.28078 and 639.28085 . (b) Do not apply to an institutional pharmacy, as defined in NRS 639.0085 , or a pharmacist working in such a pharmacy as an employee or independent contractor.

3. 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. § 687B.420 — NV Code / Title 57 / Chapter 687B / Section 687B.420
Notice of proposed cancellation, nonrenewal or alteration of terms of certain policies, contracts or plans of insurance
Status: in_force

1. An insurer shall not cancel, fail to renew or renew with altered terms a policy or contract issued pursuant to chapter 688B, 689A, 689B, 689C, 695A, 695B, 695C, 695D or 695F of NRS unless notice in writing of the proposal is given to the insured at least 60 days before the date the proposed action becomes effective. The notice must include, without limitation, any changes in specific rates by line of coverage.

2. An insurer shall not cancel, fail to renew or renew with altered terms an individual health benefit plan that is not grandfathered pursuant to applicable law unless notice in writing of the proposal is given to the insured at least 30 days before the beginning of the open enrollment period described in NRS 686B.080 . The notice must include the specific changes in terms or rates, as applicable.
Nev. Rev. Stat. § 695G.251 — NV Code / Title 57 / Chapter 695G / Section 695G.251
Request for review; assignment of independent review organization; provision of documents relating to adverse determination to independent review organization
Status: in_force

1. If a covered person or a physician of a covered person receives notice of an adverse determination from a health carrier concerning the covered person, the covered person, the physician of the covered person or an authorized representative may, within 4 months after receiving notice of the adverse determination, submit a request to the Office for Consumer Health Assistance for an external review of the adverse determination.

2. Within 5 days after receiving a request pursuant to subsection 1, the Office for Consumer Health Assistance shall notify the covered person, the authorized representative or physician of the covered person, the agent who performed utilization review for the health carrier, if any, and the health carrier that the request has been filed with the Office for Consumer Health Assistance.

3. As soon as practicable after receiving a request pursuant to subsection 1, the Office for Consumer Health Assistance shall assign an independent review organization from the list maintained pursuant to NRS 683A.3715 . Each assignment made pursuant to this subsection must be completed on a rotating basis.

4. Within 5 days after receiving notification from the Office for Consumer Health Assistance specifying the independent review organization assigned pursuant to subsection 3, the health carrier shall provide to the independent review organization all documents and materials relating to the adverse determination, including, without limitation: (a) Any medical records of the insured relating to the external review; (b) A copy of the provisions of the health benefit plan upon which the adverse determination was based; (c) Any documents used by the health carrier to make the adverse determination; (d) The reasons for the adverse determination; and (e) Insofar as practicable, a list that specifies each provider of health care who has provided health care to the covered person and the medical records of the provider of health care relating to the external review.
Nev. Rev. Stat. § 686C.038 — NV Code / Title 57 / Chapter 686C / Section 686C.038
Applicability of chapter to riders for long-term care
Status: in_force

For the purposes of this chapter, benefits provided pursuant to a rider for long-term care to a life insurance policy or annuity contract shall be deemed the same type of benefits provided in the life insurance policy or annuity contract to which the rider applies.
Nev. Rev. Stat. § 695G.019 — NV Code / Title 57 / Chapter 695G / Section 695G.019
“Health benefit plan” defined
Status: in_force

“ Health benefit plan ” means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.
Nev. Rev. Stat. § 689C.265 — NV Code / Title 57 / Chapter 689C / Section 689C.265
Carrier authorized to modify coverage for insurance product under certain circumstances
Status: in_force

A carrier may modify the health insurance coverage for a product offered to small employers pursuant to a group health plan if, for coverage that is available in that market other than through one or more bona fide associations, the modification is consistent with the provisions of this title and is effective on a uniform basis among such group health plans.
Nev. Rev. Stat. § 689A.550 — NV Code / Title 57 / Chapter 689A / Section 689A.550
“Individual carrier” defined
Status: in_force

“ Individual carrier ” means any entity subject to the provisions of this title and the regulations adopted pursuant thereto, that contracts or offers to contract to provide for, deliver payment for, arrange for payment of, pay for, or reimburse any cost of health care services, including a sickness and accident health service corporation, and any other entity providing a plan of health insurance, health benefits or health services to individuals and their dependents in this state.
Nev. Rev. Stat. § 687A.0393 — NV Code / Title 57 / Chapter 687A / Section 687A.0393
“Person” defined
Status: in_force

“ Person ” means any individual or legal entity, including, without limitation, a governmental entity.
Nev. Rev. Stat. § 689.730 — NV Code / Title 57 / Chapter 689 / Section 689.730
Criminal penalty
Status: in_force

In addition to any other penalty provided for in this chapter, any person who violates any provision of this chapter or any rule or regulation promulgated pursuant to this chapter, for which a greater penalty is not otherwise provided by law, is guilty of a misdemeanor.
Nev. Rev. Stat. § 696B.040 — NV Code / Title 57 / Chapter 696B / Section 696B.040
“Ancillary state” defined
Status: in_force

“ Ancillary state ” means any state other than a domiciliary state.
Nev. Rev. Stat. § 683A.08526 — NV Code / Title 57 / Chapter 683A / Section 683A.08526
Certificate of registration: Duration; expiration; renewal
Status: in_force

1. A certificate of registration as an administrator is valid for 3 years after the date the Commissioner issues the certificate to the administrator or the administrator renews the certificate, as applicable. A certificate expires on the renewal date for the certificate if the administrator does not renew the certificate pursuant to subsection 2 on or before the renewal date.

2. An administrator may renew a certificate of registration if the administrator: (a) Submits to the Commissioner: (1) An application on a form prescribed by the Commissioner; and (2) The fee for the renewal of the certificate of registration prescribed in NRS 680B.010 and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110 ; and (b) Is in compliance with all applicable provisions of this title and the regulations adopted pursuant thereto.

3. As used in this section, “ renewal date ” means: (a) For the first renewal of the certificate of registration, the last day of the month which is 3 years after the month in which the Commissioner originally issued the certificate. (b) For each renewal after the first renewal of the certificate of registration, the last day of the month which is 3 years after the month in which the certificate was last due to be renewed.
Nev. Rev. Stat. § 680A.225 — NV Code / Title 57 / Chapter 680A / Section 680A.225
Penalty for failure of insurer to comply with certain requirements for electronic maintenance, transmittal and exchange of health information
Status: in_force

1. If the Commissioner receives notification from the Department of Health and Human Services pursuant to NRS 439.5895 that an insurer is not in compliance with the requirements of subsection 4 of NRS 439.589 , the Commissioner may, after notice and the opportunity for a hearing in accordance with the provisions of this title, require corrective action or impose an administrative fine in the amount prescribed by NRS 680A.200 .

2. The Commissioner shall not suspend or revoke the certificate of authority of an insurer for failure to comply with the requirements of subsection 4 of NRS 439.589 .
Nev. Rev. Stat. § 689A.0424 — NV Code / Title 57 / Chapter 689A / Section 689A.0424
Policy covering maternity care: Prohibited acts by insurer if insured is acting as gestational carrier; child deemed child of intended parent for purposes of policy
Status: in_force

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

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

3. As used in this section, “ gestational carrier ” has the meaning ascribed to it in NRS 126.580 .
Nev. Rev. Stat. § 689A.200 — NV Code / Title 57 / Chapter 689A / Section 689A.200
Change of occupation
Status: in_force

There may be a provision as follows:

Change of Occupation: If the insured be injured or contracts sickness after having changed his or her occupation to one classified by the insurer as more hazardous than that stated in this policy or while doing for compensation anything pertaining to an occupation so classified, the insurer will pay only such portion of the indemnities provided in this policy as the premium paid would have purchased at the rates and within the limits fixed by the insurer for such more hazardous occupation. If the insured changes his or her occupation to one classified by the insurer as less hazardous than that stated in this policy, the insurer, upon receipt of proof of such change of occupation, will reduce the premium rate accordingly, and will return the excess pro rata unearned premium from the date of change of occupation or from the policy anniversary date immediately preceding receipt of such proof, whichever is the more recent. In applying this provision, the classification of occupational risk and the premium rates shall be such as have been last filed by the insurer prior to the occurrence of the loss for which the insurer is liable or prior to date of proof of change in occupation with the state official having supervision of insurance in the state where the insured resided at the time this policy was issued; but if such filing was not required, then the classification of occupational risk and the premium rates shall be those last made effective by the insurer in such state prior to the occurrence of the loss or prior to the date of proof of change in occupation.
Nev. Rev. Stat. § 688C.200 — NV Code / Title 57 / Chapter 688C / Section 688C.200
Investigation of applicant; issuance of license; requirements regarding evidence of financial responsibility; requirements regarding service of process for nonresident; provision of certain new or revised information to Commissioner
Status: in_force

1. Upon the filing of an application and payment of all applicable fees, the Commissioner shall investigate the applicant, and issue a license if the Commissioner finds that the applicant: (a) If a provider of viatical settlements, has set forth a detailed plan of operation; (b) Is competent and trustworthy and intends to act in good faith in the capacity for which the license is sought; (c) Has a good reputation in business and, if a natural person, has had experience, training or education which qualifies the applicant in that capacity; (d) If an organization, provides a certificate of good standing from the state of its domicile; and (e) If a provider or broker of viatical settlements: (1) Has included a plan to prevent fraud which satisfies the requirements of NRS 688C.490 ; and (2) Has demonstrated evidence of financial responsibility through either: (I) A surety bond which complies with NRS 679B.175 and is in an amount determined by the Commissioner, which must be not less than $250,000; or (II) A deposit of cash, certificates of deposit, securities or any combination thereof in the amount of $250,000.

2. The Commissioner shall not issue a license to a nonresident unless a written designation of an agent for service of process, or an irrevocable written consent to the commencement of an action against the applicant by service of process upon the Commissioner, accompanies the application.

3. A provider or broker of viatical settlements shall furnish to the Commissioner new or revised information concerning partners, members, officers, holders of more than 10 percent of its stock, and designated employees within 30 days after a change occurs.

4. Notwithstanding any provision of this section to the contrary, the Commissioner shall accept as evidence of financial responsibility proof that financial instruments complying with the requirements of this section have been filed with a state where the applicant is licensed as a provider or broker of viatical settlements.

5. A surety bond issued for the purposes of this section must specifically authorize recovery by the Commissioner on behalf of any person in this State who sustained damages as a result of: (a) Erroneous acts; (b) Failure to act; or (c) Conviction of: (1) Fraud; or (2) Unfair practices, by the provider or broker of viatical settlements.

6. The Commissioner may request evidence of financial responsibility as described in subparagraph (2) of paragraph (e) of subsection 1 at any time the Commissioner deems necessary.
Nev. Rev. Stat. § 695F.170 — NV Code / Title 57 / Chapter 695F / Section 695F.170
Procedure for modification of rates, charges, benefits, organization, operations, documents or services
Status: in_force

1. A prepaid limited health service organization shall file with the Commissioner a notice of any change in the rates, charges, benefits or any material change of any matter or document furnished pursuant to NRS 695F.110 . The organization shall submit any proof necessary to justify the change. No such change is effective unless it is approved by the Commissioner. If the Commissioner does not disapprove of the change within 60 days after the notice is filed, the change shall be deemed approved.

2. If a prepaid limited health service organization wishes to add a limited health service, it shall submit: (a) An application to the Commissioner; (b) The information required by NRS 695F.110 , if the information is different from the information filed with the prepaid limited health service organization's application; and (c) Proof of compliance with NRS 695F.200 , 695F.220 and 695F.340 . A prepaid limited health service organization may not add a limited health service if the Commissioner determines that adding the service would qualify the organization as a health maintenance organization pursuant to chapter 695C of NRS or as an offeror of a health care plan for which a certificate of authority is required by any other provisions of this title.

3. If the Commissioner does not deny the application within 60 days after it is filed, the application shall be deemed approved.

4. If the application is denied, the Commissioner shall send a written notice to the prepaid limited health service organization. The notice must include the reason for the denial. The prepaid limited health service organization may request a hearing in the manner set forth in NRS 695F.140 .
Nev. Rev. Stat. § 695G.230 — NV Code / Title 57 / Chapter 695G / Section 695G.230
Written notice required by carrier to insured explaining rights of insureds regarding decision to deny coverage; written notice to insured when health carrier denies coverage of health care service
Status: in_force

1. After approval by the Commissioner, each health carrier shall provide a written notice to an insured, in clear and comprehensible language that is understandable to an ordinary layperson, explaining the right of the insured to file a written complaint and to obtain an expedited review pursuant to NRS 695G.210 . Such a notice must be provided to an insured: (a) At the time the insured receives his or her certificate of coverage or evidence of coverage; (b) Any time that the health carrier denies coverage of a health care service or limits coverage of a health care service to an insured; and (c) Any other time deemed necessary by the Commissioner.

2. If a health carrier denies coverage of a health care service to an insured, including, without limitation, a health maintenance organization that denies a claim related to a health care plan pursuant to NRS 695C.185 , it shall notify the insured in writing within 10 working days after it denies coverage of the health care service of: (a) The reason for denying coverage of the service; (b) The criteria by which the health carrier or insurer determines whether to authorize or deny coverage of the health care service; (c) The right of the insured to: (1) File a written complaint and the procedure for filing such a complaint; (2) Appeal an adverse determination pursuant to NRS 695G.241 to 695G.310 , inclusive; (3) Receive an expedited external review of an adverse determination if the health carrier receives proof from the insured's provider of health care that failure to proceed in an expedited manner may jeopardize the life or health of the insured, including notification of the procedure for requesting the expedited external review; and (4) Receive assistance from any person, including an attorney, for an external review of an adverse determination; and (d) The telephone number of the Office for Consumer Health Assistance.

3. A written notice which is approved by the Commissioner shall be deemed to be in clear and comprehensible language that is understandable to an ordinary layperson.
Nev. Rev. Stat. § 686A.710 — NV Code / Title 57 / Chapter 686A / Section 686A.710
Notice requirements after taking adverse action
Status: in_force

If an insurer takes an adverse action based upon credit information, the insurer shall:

1. Provide notice to the applicant or policyholder that an adverse action has been taken, in accordance with the requirements of section 615(a) of the federal Fair Credit Reporting Act, 15 U.S.C. § 1681m(a) .

2. Provide notice to the applicant or policyholder explaining the reasons for the adverse action. The reasons must be provided in sufficiently clear and specific language so that a person can identify the basis for the insurer's decision to take the adverse action. The notice must include a description of not more than four factors that were the primary influences of the adverse action. The use of generalized terms such as “poor credit history,” “poor credit rating” or “poor insurance score” does not meet the requirements of this subsection. The notice required by this subsection must be provided in a form approved by the Commissioner.
Nev. Rev. Stat. § 693B.020 — NV Code / Title 57 / Chapter 693B / Section 693B.020
Adoption of bylaws for emergency: Procedure; provisions; approval
Status: in_force

1. With the approval of the Commissioner, any domestic organization may at any time adopt, in the same manner as in the case of ordinary bylaws, emergency bylaws to become operative during a period of acute emergency. Emergency bylaws may contain provisions with respect to the number of directors capable of acting which shall constitute its board, the number of such directors which shall constitute a quorum at a meeting of the board, the number of votes necessary for action by such board, the manner in which vacancies on the board shall be filled, the line of succession of its officers, and the interim management of the affairs of the organization.

2. Such provisions, if approved by the Commissioner, need not comply with the requirements of the charter of such domestic organization.

3. Except as provided in NRS 693B.120 , the provisions of NRS 693B.040 to 693B.100 , inclusive, 693B.120 and 693B.130 shall not be applicable during a period of acute emergency to any domestic organization operating in accordance with emergency bylaws approved by the Commissioner to the extent that the procedure set forth in such emergency bylaws relate to subject matter contained in NRS 693B.040 to 693B.100 , inclusive.
Nev. Rev. Stat. § 697.210 — NV Code / Title 57 / Chapter 697 / Section 697.210
Issuance of license; notice of refusal to issue license; fees not refundable
Status: in_force

1. If the Commissioner finds that the application is complete, that the applicant has passed all required examinations and is otherwise qualified for the license applied for, the Commissioner shall promptly issue the license. Otherwise, the Commissioner shall refuse to issue the license and promptly notify the applicant and the appointing insurer, if the application is for a bail agent's or general agent's license, or the employer, if the application is for a bail solicitor's license, of such refusal, stating the grounds for the refusal.

2. All fees required to be paid pursuant to this chapter shall be deemed earned when paid and may not be refunded.
Nev. Rev. Stat. § 692B.200 — NV Code / Title 57 / Chapter 692B / Section 692B.200
Mutual insurers: Initial qualifications
Status: in_force

1. When newly organized, a domestic mutual insurer may be authorized to transact any one of the kinds of insurance listed in the schedule contained in subsection 2.

2. When applying for an original certificate of authority, the insurer must be otherwise qualified therefor under this Code, and must have received and accepted bona fide applications as to substantial insurable subjects for insurance of a substantial character of the kind of insurance proposed to be transacted, must have collected in cash the full premium therefor at a rate not less than that usually charged by other insurers for comparable coverages, must have surplus funds on hand and deposited as of the date such insurance coverages are to become effective, or, in lieu of such applications, premiums, and surplus, may deposit and thereafter maintain surplus, all in accordance with that part of the following schedule which applies to the one kind of insurance the insurer proposes to transact: (A) (B) (C) (D) (E) (F) (G) (H) Kind of Ins. Min. No. of Apps. Accepted Min.No. Subjects Cov ered Min. Prem. Col lected Min. Amt. Ins.Ea. Subj. Max. Amt. Ins.Ea. Subj. (v) Deposit Min. Surplus Funds (vi) Deposit of Surplus In Lieu (vi) Life (i)․․․․․․․․․․․․ 500 500 Annual $2,000 $5,000 $100,000 $200,000 Health (ii)․․․․․․․․․ 500 500 Quarterly $25 $50 $100,000 $200,000 (Weekly Indemnity) Property (iii)․․․․․․ 100 250 Annual $3,000 $7,000 $100,000 $200,000 Casualty (iv)․․․․․․․ 50 500 Annual $5,000 $25,000 $200,000 $300,000 Expendable surplus: In addition to surplus deposited and thereafter to be maintained as shown in column (G) or (H) in the above schedule, the insurer when first authorized must have on hand additional surplus funds in an amount not less than 150 percent of the applicable deposited surplus required of it under the above schedule. Of such additional surplus the insurer may expend two-thirds thereof thereafter in conduct of its business, and shall maintain unimpaired the remaining one-third together with such deposited surplus.

3. The following provisions are respectively applicable to the schedule in subsection 2 and provisions as indicated by like Roman numerals appearing in such schedule: (i) No group insurance or term policies for terms of less than 10 years shall be included. (ii) No group, blanket or family plans of insurance shall be included. In lieu of weekly indemnity a like premium value in medical, surgical and hospital benefits may be provided. Any accidental death or dismemberment benefit provided shall not exceed $5,000. (iii) Only insurance of the owner's interest in real property may be included. (iv) Insurance of legal liability for bodily injury and property damage, to which the maximum and minimum insured amounts apply, must be included. (v) The maximums provided for in column (F) are net of applicable reinsurance. (vi) The deposit of surplus in the amount specified in columns (G) and (H) must thereafter be maintained unimpaired. The deposit is subject to the provisions of NRS 682B.010 to 682B.120 , inclusive (administration of deposits). As to the financial requirements for the authority of such insurer to transact additional kinds of insurance, see NRS 693A.190 .
Nev. Rev. Stat. § 695A.330 — NV Code / Title 57 / Chapter 695A / Section 695A.330
Licensing of insurance agents of society; persons exempt from licensing
Status: in_force

1. Every insurance agent of a society must be licensed pursuant to chapter 683A of NRS and any regulations adopted by the Commissioner which apply to health and life insurance agents.

2. No written or other examination is required of a person who held a license as an insurance agent on July 1, 1977, for renewals of his or her license.

3. No examination or license is required of: (a) Any regular salaried officer or employee of a licensed society who devotes substantially all of his or her services to activities other than the solicitation of fraternal insurance contracts from the public, and who does not receive for the solicitation of such contracts any commission or other compensation directly dependent upon the amount of business obtained; or (b) Any member of the society who does not write insurance contracts, and whose solicitation or negotiation is incidental to securing new members for the society, and whose only remuneration consists of prizes in the form of merchandise or payments of a nominal amount of money.
Nev. Rev. Stat. § 689B.0345 — NV Code / Title 57 / Chapter 689B / Section 689B.0345
Required provision concerning continuing coverage for employee or member on leave without pay as result of total disability
Status: in_force

1. As used in this section, “ total disability ” and “ totally disabled ” mean the continuing inability of the employee or member, because of an injury or illness, to perform substantially the duties related to his or her employment for which the employee or member is otherwise qualified.

2. No group policy of health insurance may be delivered or issued for delivery in this state unless it provides continuing coverage for an employee or member of the insured group, and the dependents of the employee or member who are otherwise covered by the policy, while the employee or member is on leave without pay as a result of a total disability. The coverage must be for any injury or illness suffered by the employee or member which is not related to the total disability or for any injury or illness suffered by the dependent of the employee or member. The coverage for such injury or illness must be equal to or greater than the coverage otherwise provided by the policy.

3. The coverage required pursuant to subsection 2 must continue until: (a) The date on which the employment of the employee or member is terminated; (b) The date on which the employee or member obtains another policy of health insurance; (c) The date on which the group policy of health insurance is terminated; or (d) After a period of 12 months in which benefits under such coverage are provided to the employee or member, whichever occurs first.
Nev. Rev. Stat. § 696B.470 — NV Code / Title 57 / Chapter 696B / Section 696B.470
Report and petition for assessment
Status: in_force

Within 3 years after the date of the entry of an order of rehabilitation or liquidation of a domestic mutual insurer or a domestic reciprocal insurer, the Commissioner may make and file a report and petition to the court setting forth:

1. The reasonable value of the assets of the insurer;

2. The liabilities of the insurer to the extent thus far ascertained by the Commissioner;

3. The aggregate amount of the assessment, if any, which the Commissioner deems reasonably necessary to pay all claims, the costs and expenses of the collection of the assessments and the costs and expenses of the delinquency proceedings in full; and

4. Any other information relative to the affairs or property of the insurer that the Commissioner deems material.
Nev. Rev. Stat. § 690D.030 — NV Code / Title 57 / Chapter 690D / Section 690D.030
“Borrower” defined
Status: in_force

“ Borrower ” means a person who owes money to a creditor pursuant to a finance agreement.
Nev. Rev. Stat. § 695G.125 — NV Code / Title 57 / Chapter 695G / Section 695G.125
Contracts with certain federally qualified health centers
Status: in_force

1. A managed care organization that delivers health care services by using independently contracted providers of health care shall use its best efforts to contract with at least one health center in each geographic area served by the organization to provide such services to insureds if the health center: (a) Meets all conditions imposed by the organization on similarly situated providers of health care that are under contract with the organization, including, without limitation: (1) Certification for participation in the Medicaid or Medicare program; and (2) Requirements relating to the appropriate credentials for providers of health care; and (b) Agrees to reasonable reimbursement rates that are generally consistent with those offered by the organization to similarly situated providers of health care that are under contract with the organization.

2. As used in this section, “health center” has the meaning ascribed to it in 42 U.S.C. § 254b .
Nev. Rev. Stat. § 682A.183 — NV Code / Title 57 / Chapter 682A / Section 682A.183
“Replication transaction” defined
Status: in_force

“ Replication transaction ” means a derivative transaction that is intended to replicate the performance of one or more assets which an insurer is authorized to acquire in accordance with the provisions of this chapter. The term does not include a derivative transaction that is entered into as a hedging transaction.
Nev. Rev. Stat. § 695C.3195 — NV Code / Title 57 / Chapter 695C / Section 695C.3195
Conservation, rehabilitation or liquidation of health maintenance organization: Powers of Commissioner; claims of enrollees; distribution of general assets
Status: in_force

1. Any conservation, rehabilitation or liquidation of a health maintenance organization shall be deemed to be the conservation, rehabilitation or liquidation of an insurer and must be conducted under the supervision of the Commissioner pursuant to chapter 696B of NRS .

2. The Commissioner may apply to a court of competent jurisdiction for an order directing the Commissioner to conserve, rehabilitate or liquidate a health maintenance organization: (a) Upon any ground provided in chapter 696B of NRS ; or (b) If, as determined by the Commissioner, the continued operation of the health maintenance organization is or may be hazardous to its enrollees or creditors or to the general public.

3. In the event of a rehabilitation or liquidation of a health maintenance organization, a claim of an enrollee or of a beneficiary of an enrollee shall be deemed to have the same priority as would be provided to a claim of a policyholder or insured of an insurer, or of a beneficiary of such a policyholder or insured, in the event of the rehabilitation or liquidation of the insurer.

4. In the event of a distribution of the general assets of a health maintenance organization: (a) If an enrollee is liable to a provider for health care services provided pursuant to and covered by the applicable health care plan, that liability shall be deemed to be a claim of the enrollee for distribution of the general assets of the health maintenance organization. (b) A provider under contract with the health maintenance organization who is obligated by law or contract to hold an enrollee harmless from liability for health care services provided pursuant to and covered by the applicable health care plan shall be deemed to have a priority for distribution of the general assets of the health maintenance organization immediately following that of an enrollee as described in this section and immediately preceding any other priority for distribution which, pursuant to this section and chapter 696B of NRS , would follow that of an enrollee.
Nev. Rev. Stat. § 689.595 — NV Code / Title 57 / Chapter 689 / Section 689.595
Applicability of other provisions to agents, sellers and applicants for permit
Status: in_force

1. The provisions of NRS 683A.341 , 683A.451 , 683A.461 and 686A.010 to 686A.310 , inclusive, apply to agents and sellers.

2. For the purposes of subsection 1, unless the context requires that a section apply only to insurers, any reference in those sections to “insurer” must be replaced by a reference to “agent” and “seller.”

3. The provisions of NRS 679B.230 to 679B.300 , inclusive, apply to sellers. Unless the context requires that a provision apply only to insurers, any reference in those sections to “insurer” must be replaced by a reference to “seller.”

4. The provisions of NRS 683A.301 apply to applicants for and holders of a seller's permit. Unless the context requires that a provision apply only to an applicant for or a holder of a license as a producer of insurance, any reference in that section to: (a) An “applicant for a license as a producer of insurance” must be replaced by a reference to an “applicant for a seller's permit”; and (b) A “licensee” must be replaced by a reference to a “holder of a seller's permit.”
Nev. Rev. Stat. § 695B.400 — NV Code / Title 57 / Chapter 695B / Section 695B.400
Written notice to insured required to be provided by insurer explaining right to file complaint; written notice to insured required when insurer denies coverage of health care service
Status: in_force

1. Following approval by the Commissioner, each insurer that issues a contract for hospital or medical services in this State shall provide written notice to an insured, in clear and comprehensible language that is understandable to an ordinary layperson, explaining the right of the insured to file a written complaint. Such notice must be provided to an insured: (a) At the time the insured receives a certificate of coverage or evidence of coverage; (b) Any time that the insurer denies coverage of a health care service or limits coverage of a health care service to an insured; and (c) Any other time deemed necessary by the Commissioner.

2. Any time that an insurer denies coverage of a health care service to a beneficiary or subscriber, including, without limitation, denying a claim relating to a contract for dental, hospital or medical services pursuant to NRS 695B.2505 , it shall notify the beneficiary or subscriber in writing within 10 working days after it denies coverage of the health care service of: (a) The reason for denying coverage of the service; (b) The criteria by which the insurer determines whether to authorize or deny coverage of the health care service; and (c) The right of the beneficiary or subscriber to file a written complaint and the procedure for filing such a complaint.

3. A written notice which is approved by the Commissioner shall be deemed to be in clear and comprehensible language that is understandable to an ordinary layperson.
Nev. Rev. Stat. § 695G.1703 — NV Code / Title 57 / Chapter 695G / Section 695G.1703
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 managed care organization that issues a health care plan shall include in the plan 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 managed care organization 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 managed care organization.

3. If a managed care organization requires an insured to obtain prior authorization for a biomarker test described in subsection 1, the managed care organization 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 managed care organization 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 managed care organization; 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 health care plan 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 plan 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 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. (g) “ Provider of health care ” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 689B.0353 — NV Code / Title 57 / Chapter 689B / Section 689B.0353
Required provision concerning coverage for treatment of certain inherited metabolic diseases
Status: in_force

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

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

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

4. As used in this section: (a) “ Enteral formula ” includes, without limitation, a formula that is ingested orally. (b) “ Inherited metabolic disease ” means a disease caused by an inherited abnormality of the body chemistry of a person. (c) “ Special food product ” means a food product that is specially formulated to have less than one gram of protein per serving and is intended to be consumed under the direction of a physician for the dietary treatment of an inherited metabolic disease. The term does not include a food that is naturally low in protein.
Nev. Rev. Stat. § 683A.08524 — NV Code / Title 57 / Chapter 683A / Section 683A.08524
Certificate of registration: Issuance; grounds for refusal to issue certificate of registration; requirements if applicant seeks final approval by Division of Industrial Relations of the Department of Business and Industry
Status: in_force

1. Except as otherwise provided in subsection 2 or 3, the Commissioner shall issue a certificate of registration as an administrator to an applicant who: (a) Submits an application on a form prescribed by the Commissioner; (b) Has complied with the provisions of NRS 683A.08522 ; and (c) Pays the fee for the issuance of a certificate of registration prescribed in NRS 680B.010 and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110 .

2. The Commissioner may refuse to issue a certificate of registration as an administrator to an applicant if the Commissioner determines that the applicant or any person who has completed an affidavit pursuant to subsection 6 of NRS 683A.08522 : (a) Is not competent to act as an administrator; (b) Is not trustworthy or financially responsible; (c) Does not have a good personal or business reputation; (d) Has had a license or certificate to transact insurance denied for cause, suspended or revoked in this state or any other state; (e) Has failed to comply with any provision of this chapter; or (f) Is financially unsound.

3. If an applicant seeks final approval by the Division of Industrial Relations of the Department of Business and Industry in accordance with regulations adopted pursuant to subsection 8 of NRS 616A.400 , the Commissioner shall submit to the Division the information supplied by the applicant pursuant to subsection 1. Unless the Division provides final approval for the applicant to the Commissioner, the Commissioner shall not issue a certificate of registration as an administrator to the applicant.
Nev. Rev. Stat. § 689A.120 — NV Code / Title 57 / Chapter 689A / Section 689A.120
Time of payment of claims
Status: in_force

There shall be a provision as follows:

Time of Payment of Claims: Indemnities payable under this policy for any loss, other than loss for which this policy provides any periodic payment, will be paid immediately upon receipt of due written proof of such loss. Subject to due written proof of loss, all accrued indemnities for loss for which this policy provides periodic payment will be paid ________________ (insert period for payment which must not be less frequently than monthly) and any balance remaining unpaid upon the termination of liability will be paid immediately upon receipt of due written proof.
Nev. Rev. Stat. § 688C.220 — NV Code / Title 57 / Chapter 688C / Section 688C.220
Filing and approval of forms; submission of advertising material
Status: in_force

A person shall not use a form of viatical settlement or of disclosure in this state unless the form has been filed with and approved by the Commissioner. The Commissioner shall disapprove such a form if, in the opinion of the Commissioner, the settlement or any of its terms is unreasonable, contrary to the interests of the public or otherwise misleading or unfair to the viator. The Commissioner may require the submission of advertising material before its use.
Nev. Rev. Stat. § 687B.600 — NV Code / Title 57 / Chapter 687B / Section 687B.600
Definitions
Status: in_force

As used in NRS 687B.600 to 687B.850 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 687B.602 to 687B.665 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 688A.283 — NV Code / Title 57 / Chapter 688A / Section 688A.283
Qualified charitable-gift annuity: Contents and form of required disclosure
Status: in_force

In an agreement to issue a qualified charitable-gift annuity, the charitable organization shall disclose in writing to the donor that the annuity is not insurance under the laws of this state, is not subject to regulation by the Commissioner and is not protected by an insurance guaranty association. The disclosure must be made in a separate paragraph and may not be in a size of type smaller than used generally in the agreement.
Nev. Rev. Stat. § 687B.186 — NV Code / Title 57 / Chapter 687B / Section 687B.186
Binders: Proof of insurance coverage; penalties for refusal to accept; exception
Status: in_force

1. A binder which is issued in accordance with NRS 687B.182 to 687B.187 , inclusive, shall be deemed a policy for the purpose of proving that a person has insurance coverage.

2. Any party to a contract or other agreement who refuses to accept such a binder as proof of insurance when that proof is required by that contract or agreement: (a) Shall be fined not more than $500. (b) Is liable to the party presenting the binder as proof of insurance for actual damages sustained therefrom.

3. The provisions of this section do not apply to a binder related to a policy of insurance which provides coverage of at least $1,000,000.
Nev. Rev. Stat. § 697.173 — NV Code / Title 57 / Chapter 697 / Section 697.173
Bail enforcement agent: Qualifications
Status: in_force

1. Except as otherwise provided in subsection 2, a person is entitled to receive, renew or hold a license as a bail enforcement agent if the person: (a) Is a natural person not less than 21 years of age. (b) Is a citizen of the United States or is lawfully entitled to remain and work in the United States. (c) Has: (1) A high school diploma; (2) A general equivalency diploma or an equivalent document; or (3) An equivalent education as determined by the Commissioner. (d) Has complied with the requirements of subsection 4 of NRS 697.180 . (e) Has submitted to the Commissioner the results of an examination conducted by a psychiatrist or psychologist licensed to practice in this state which indicate that the person does not suffer from a psychological condition that would adversely affect the ability of the person to carry out his or her duties as a bail enforcement agent. (f) Has passed any written examination required by this chapter. (g) Submits to the Commissioner the results of a test to detect the presence of a controlled substance in the system of the person that was administered no earlier than 30 days before the date of the application for the license which do not indicate the presence of any controlled substance for which the person does not possess a current and lawful prescription issued in the name of the person. (h) Successfully completes the training required by NRS 697.177 .

2. A person is not entitled to receive, renew or hold a license of a bail enforcement agent if the person: (a) Has been convicted of a felony in this state or of any offense committed in another state which would be a felony if committed in this state; or (b) Has been convicted of an offense involving moral turpitude or the unlawful use, sale or possession of a controlled substance.
Nev. Rev. Stat. § 687A.035 — NV Code / Title 57 / Chapter 687A / Section 687A.035
“Insolvent insurer” defined
Status: in_force

“ Insolvent insurer ” means an insurer which has been issued a certificate of authority by the Commissioner to transact insurance in this state, either at the time the policy was issued or when the insured event occurred:

1. Against which a final order of liquidation with a finding of insolvency has been entered by a court of competent jurisdiction in the insurer's state of domicile or in Nevada; or

2. Which is involved in judicial proceeding in its state of domicile or in Nevada related to the determination of its solvency, rehabilitation or liquidation, if the court conducting those proceedings has issued an order prohibiting the insurer from paying claims for more than 30 days.
Nev. Rev. Stat. § 695B.198 — NV Code / Title 57 / Chapter 695B / Section 695B.198
Reimbursement for treatment by chiropractic physician
Status: in_force

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

2. The terms of the policy must not limit: (a) Coverage for treatments by a chiropractic physician to a number less than for treatments by other physicians. (b) Reimbursement for treatments by a chiropractic physician to an amount less than that charged for similar treatments by other physicians.
Nev. Rev. Stat. § 696B.220 — NV Code / Title 57 / Chapter 696B / Section 696B.220
Grounds for liquidation of domestic insurer or domiciled alien insurer
Status: in_force

The Commissioner may apply to the court for an order appointing the Commissioner as receiver (if his or her appointment as receiver is not then in effect) and directing the Commissioner to liquidate the business of a domestic insurer or of the United States branch of an alien insurer having trusteed assets in this state, whether or not there has been a prior order directing the Commissioner to conserve or rehabilitate the insurer, upon any one or more of the following grounds:

1. That the insurer has failed to cure an impairment of surplus, or capital, or assets within the time allowed therefor by any lawful order of the Commissioner.

2. That the insurer is insolvent, or has commenced voluntary liquidation or dissolution, or attempts to commence or prosecute or is the object, in this state or elsewhere, of any action or proceeding to liquidate its business or affairs, or to dissolve its corporate charter, or to procure the appointment of a receiver, trustee, custodian or sequestrator under any law except this Code. This subsection does not apply to the conversion of a stock insurer to an ordinary business corporation as authorized under NRS 693A.300 , or to voluntary dissolution of the insurer pursuant to NRS 692B.250 .

3. That the insurer has ceased for a period of 1 year to transact insurance business.

4. If a proposed insurer has not completed its organization and obtained a certificate of authority as an insurer within the time allowed therefor under any applicable solicitation permit issued by the Commissioner.

5. That efforts to rehabilitate the insurer and remove the causes or adverse effects thereof for which rehabilitation was instituted have failed despite all reasonable efforts by the Commissioner, or cannot be continued without material increase of risk of loss to the insurer's creditors or policyholders.

6. If the insurer has requested or consented to liquidation by a vote or written authorization of a majority of its directors, or stockholders, or members (if a mutual insurer).
Nev. Rev. Stat. § 693A.330 — NV Code / Title 57 / Chapter 693A / Section 693A.330
Merger or consolidation of stock insurers
Status: in_force

1. Subject to subsections 2 and 3, a domestic stock insurer may merge or consolidate with one or more domestic or foreign stock insurers, by complying with the applicable provisions of the statutes of this state governing the merger or consolidation of stock corporations formed for profit. A domestic stock insurer shall not merge or consolidate with any corporation not formed for the purpose of transacting insurance as an insurer.

2. No such merger or consolidation shall be effectuated unless in advance thereof the plan and agreement therefor have been filed with the Commissioner and approved in writing by the Commissioner after a hearing thereon after notice to the stockholders of each insurer involved. The Commissioner shall give such approval within a reasonable time after such filing unless the Commissioner finds such plan or agreement: (a) Is contrary to law; (b) Unfair or inequitable to the stockholders of any insurer involved; (c) Would substantially reduce the security of and service to be rendered to policyholders of the domestic insurer in this state or elsewhere; (d) Would materially tend to lessen competition in the insurance business in this state or elsewhere as to the kinds of insurance involved, or would materially tend to create a monopoly as to such business; or (e) Is subject to other material and reasonable objections.

3. No director, officer, agent or employee of any insurer party to such merger or consolidation shall receive any fee, commission, special compensation or other valuable consideration whatsoever for in any manner aiding, promoting or assisting therein except as set forth in such plan or agreement.

4. If the Commissioner does not approve any such plan or agreement, the Commissioner shall so notify the insurer in writing specifying the reasons therefor.
Nev. Rev. Stat. § 687B.360 — NV Code / Title 57 / Chapter 687B / Section 687B.360
Notice of cancellation or nonrenewal: Insurer required to provide to policyholder information about grounds upon request; notice ineffective unless contains information about right of policyholder to make such a request
Status: in_force

If a notice of cancellation or nonrenewal under NRS 687B.310 to 687B.420 , inclusive, does not state with reasonable precision the facts on which the insurer's decision is based, the insurer shall supply that information within 6 days after receipt of a written request by the policyholder. No notice is effective unless it contains adequate information about the policyholder's right to make such a request.
Nev. Rev. Stat. § 695C.275 — NV Code / Title 57 / Chapter 695C / Section 695C.275
Commissioner required to adopt regulations for licensing of provider-sponsored organizations to extent authorized by federal law
Status: in_force

1. To the extent authorized by federal law, the Commissioner shall adopt regulations for the licensing of provider-sponsored organizations in this State.

2. As used in this section, “provider-sponsored organization” has the meaning ascribed to it in 42 U.S.C. § 1395w-25(d) .