Nev. Rev. Stat. § 695B.070 — NV Code / Title 57 / Chapter 695B / Section 695B.070
Merger and consolidation: Procedure
Status: in_force

Any corporation operating under this chapter may merge and consolidate with any other corporation operating or to operate under this chapter as follows:

1. The agreement of merger and consolidation shall be submitted to and approved by a two-thirds vote of the members of the ceding corporation present in person or by proxy at a meeting called to consider that agreement. A written or printed notice of such meeting shall be mailed or personally delivered to each member at least 30 days before the day fixed for the meeting.

2. Before the merger and consolidation is effected, the corporation which proposes to assume the liabilities of the ceding corporation shall submit to its members the question of merger and consolidation and a similar notice shall be given and a similar vote required as in the case of members of the ceding corporation.

3. If the vote in the case of both corporations is in the affirmative by the required majority, a certified copy of all proceedings relating to the proposed merger and consolidation shall be filed with the Commissioner. If the Commissioner finds that the proceedings have been in accordance with law, the Commissioner shall approve the agreement.

4. Upon the approval by the Commissioner of such agreement, the consolidated corporation shall issue certificates of assumption to each and every subscriber of the ceding corporation. Such certificates shall be in a form approved by the Commissioner.

5. The approval of the Commissioner of the agreement of merger and consolidation shall operate to dissolve the ceding corporation, and all its liability upon its insurance contracts or benefit certificates shall thereupon cease, but its officers may thereafter perform any act necessary to close its affairs. The officers of the ceding corporation shall file a certified copy of the agreement in the Office of the Secretary of State. Such certified copy shall be in lieu of any certificate of dissolution required by the provisions of the general corporation law.

6. The consolidated corporation shall be entitled to all the assets of the ceding corporation and shall assume all its liabilities.
Nev. Rev. Stat. § 693A.525 — NV Code / Title 57 / Chapter 693A / Section 693A.525
Unlawful acquisition of securities: Orders by Commissioner
Status: in_force

1. If the Commissioner has reason to believe that any person or any director, officer, employee or agent of the person is engaged in any conduct in violation of NRS 693A.500 , the Commissioner may order the person to cease and desist immediately from engaging in any further such conduct. The order is permanent unless the person, not later than 20 days after receipt of the order, files a written request for a hearing with the Commissioner.

2. If, after a hearing pursuant to subsection 1, the Commissioner determines that such action is in the best interest of the policyholders, the creditors or the public, the Commissioner may also order the person to void any contract entered into in violation of NRS 693A.500 .

3. An order of the Commissioner pursuant to this section is a final decision in a contested case for the purpose of judicial review pursuant to chapter 233B of NRS .
Nev. Rev. Stat. § 694B.130 — NV Code / Title 57 / Chapter 694B / Section 694B.130
Service of process; judgment
Status: in_force

1. Legal process shall be served upon a domestic reciprocal insurer by serving the insurer's attorney at his or her principal offices or by serving the Commissioner as the insurer's process agent under NRS 680A.250 and 680A.260 .

2. Any judgment based upon legal process so served shall be binding upon each of the insurer's subscribers as their respective interests may appear, but in an amount not exceeding their respective contingent liabilities, if any, the same as though personal service of process was had upon each such subscriber.
Nev. Rev. Stat. § 689B.285 — NV Code / Title 57 / Chapter 689B / Section 689B.285
Offering policy of health insurance for purposes of establishing health savings account
Status: in_force

An insurer 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. § 686C.190 — NV Code / Title 57 / Chapter 686C / Section 686C.190
Legal standing
Status: in_force

The Association has standing:

1. To appear or intervene before a court or agency in this state which has jurisdiction over an impaired or insolvent insurer concerning which the Association is or may become obligated under this chapter or over any person or property against whom or which the Association may have rights through subrogation or otherwise. Its standing extends to all matters germane to the powers and duties of the Association, including proposals for reinsuring, reissuing, modifying or guaranteeing the policies or contracts of the impaired or insolvent insurer and the determination of the policies or contracts and contractual obligations.

2. To appear or intervene before a court or agency in another state which has jurisdiction over an impaired or insolvent insurer for which the Association is or may become obligated, or over any person or property against whom or which the Association may have rights through subrogation or otherwise.
Nev. Rev. Stat. § 686B.1797 — NV Code / Title 57 / Chapter 686B / Section 686B.1797
Insurer prohibited from withholding or giving false or misleading information to Commissioner or Advisory Organization
Status: in_force

An insurer or other person shall not willfully withhold information from, or knowingly give false or misleading information to, the Commissioner or to the Advisory Organization, which will affect the rates, classifications of risks or Uniform Statistical Plan for industrial insurance.
Nev. Rev. Stat. § 688C.244 — NV Code / Title 57 / Chapter 688C / Section 688C.244
Viatical settlement investment agent: Knowledge of identity of or communication with viator or insured prohibited
Status: in_force

A viatical settlement investment agent shall not:

1. Have knowledge of the identity of; or

2. Communicate either directly or indirectly with,

a viator or an insured whose policy of insurance is the object of a viatical settlement for which the viatical settlement investment agent solicits or arranges for the funding for the purchase.
Nev. Rev. Stat. § 693A.070 — NV Code / Title 57 / Chapter 693A / Section 693A.070
Removal or concealment of records or assets; penalty
Status: in_force

1. A person shall not remove all or any material part of the records or assets of a domestic insurer from this State except pursuant to a plan of merger, consolidation or bulk reinsurance approved by the Commissioner under this Code, or for such other reasonable purposes and periods of time as may be permissible under NRS 693A.050 and 693A.060 , or as may have been approved by the Commissioner in writing in advance of such removal.

2. A person shall not conceal any such records or assets from the Commissioner.

3. A person who unlawfully removes or attempts to remove such records or assets or such material part thereof from the principal place of business of the insurer or place of safekeeping thereof, or who unlawfully conceals or attempts to conceal the same from the Commissioner, is guilty of a category D felony and shall be punished as provided in NRS 193.130 .

4. Upon any unlawful removal or attempted removal of such records or assets, or upon retention of such records or assets or material part thereof outside this State in violation of the terms of the applicable consent of the Commissioner, or upon any unlawful concealment of or attempt to conceal records or assets, the Commissioner may, in the discretion of the Commissioner, institute delinquency proceedings against the insurer pursuant to chapter 696B of NRS (conservation, rehabilitation and liquidation).
Nev. Rev. Stat. § 695B.110 — NV Code / Title 57 / Chapter 695B / Section 695B.110
Certificate of authority: Required; fees
Status: in_force

A corporation shall not establish, maintain or operate a nonprofit service plan as authorized by the provisions of this chapter unless it has:

1. Procured a certificate of authority from the Commissioner for the establishment, maintenance and operation of the plan.

2. Paid to the Commissioner the fees required of insurers by NRS 680B.010 for: (a) The filing of the initial application; (b) The issuance of the certificate of authority; (c) Each annual continuation of the certificate of authority; and (d) The filing of each annual report.

3. Paid, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110 .
Nev. Rev. Stat. § 695J.210 — NV Code / Title 57 / Chapter 695J / Section 695J.210
Prohibited acts
Status: in_force

An exchange enrollment facilitator:

1. May not concurrently hold a license as a producer of insurance, an insurance consultant or a surplus lines broker's license in any line.

2. Shall not: (a) Sell, solicit or negotiate insurance; (b) Receive any consideration, directly or indirectly, from any health insurance issuer or issuer of stop-loss insurance in connection with the enrollment of any individuals or employees in a qualified health plan or health insurance plan; or (c) Employ, be employed by or be in partnership with, or receive any remuneration arising out of his or her activities as an exchange enrollment facilitator from, any licensed producer of insurance, insurance consultant or surplus lines broker or insurer.
Nev. Rev. Stat. § 695G.245 — NV Code / Title 57 / Chapter 695G / Section 695G.245
Written notice of right to request external review; form; contents
Status: in_force

1. A health carrier shall notify the covered person in writing of the covered person's right to request an external review to be conducted pursuant to NRS 695G.241 to 695G.310 , inclusive, and include the appropriate statements and information set forth in subsection 2 at the same time the health carrier sends written notice of an adverse determination upon completion of the health carrier's utilization review process set forth in NRS 683A.375 to 683A.379 , inclusive, and the regulations adopted pursuant thereto.

2. As part of the written notice required pursuant to subsection 1, a health carrier shall include the following, or substantially equivalent, language: We have denied your request for the provision of or payment for a health care service or course of treatment. You may have the right to have our decision reviewed by health care professionals who have no association with us if our decision involved making a judgment as to the medical necessity, appropriateness, health care setting, level of care or effectiveness of the health care service or treatment you requested by submitting a request for external review to the Office for Consumer Health Assistance.

3. The Commissioner may prescribe by regulation the form and content of the notice required pursuant to this section.

4. The health carrier shall include in the notice required pursuant to subsection 1 a statement informing the covered person that: (a) If the covered person has a medical condition where the time frame for completion of an expedited review of a grievance involving an adverse determination set forth in NRS 695G.200 to 695G.230 , inclusive, would seriously jeopardize the life or health of the covered person or would jeopardize the covered person's ability to regain maximum function, the covered person or the covered person's authorized representative may, at the same time the covered person or the covered person's authorized representative files a request for an expedited review of a grievance involving an adverse determination as set forth in NRS 695G.210 , file a request for an expedited external review to be conducted pursuant to NRS 695G.271 and 695G.275 if the adverse determination involves a denial of coverage based on a determination that the recommended or requested health care service or treatment is experimental or investigational and the covered person's treating physician certifies in writing that the recommended or requested health care service or treatment that is the subject of the adverse determination would be significantly less effective if not promptly initiated, and the independent review organization assigned to conduct the expedited external review will determine whether the covered person will be required to complete the expedited review of the grievance before conducting the expedited external review; and (b) The covered person or the covered person's authorized representative may file a grievance under the health carrier's internal grievance process as set forth in NRS 695G.200 to 695G.230 , inclusive, but if the health carrier has not issued a written decision to the covered person or the covered person's authorized representative within 30 days after the date on which the covered person or the covered person's authorized representative filed the grievance with the health carrier and the covered person or the covered person's authorized representative has not requested or agreed to a delay, the covered person or the covered person's authorized representative may file a request for external review pursuant to NRS 695G.251 and shall be considered to have exhausted the health carrier's internal grievance process.

5. In addition to the information required to be provided pursuant to subsection 1, the health carrier shall include a copy of the description of both the standard and expedited external review procedures the health carrier is required to provide pursuant to NRS 695G.307 , highlighting the provisions in the external review procedures that give the covered person or the covered person's authorized representative the opportunity to submit additional information and including any forms used to process an external review.

6. As part of any forms provided pursuant to subsection 3, the health carrier shall include an authorization form, or other document approved by the Commissioner that complies with the requirements of 45 C.F.R. § 164.508 , by which the covered person, for purposes of conducting an external review, authorizes the health carrier and the covered person's treating health care provider to disclose protected health information, including medical records, concerning the covered person that are pertinent to the external review.

7. As used in this section, “protected health information” has the meaning ascribed to it in 45 C.F.R. § 160.103 .
Nev. Rev. Stat. § 689A.04033 — NV Code / Title 57 / Chapter 689A / Section 689A.04033
Coverage for certain treatment received as part of clinical trial or study for treatment of cancer or chronic fatigue syndrome required; authority of insurer to require certain information; immunity from liability
Status: in_force

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

2. Except as otherwise provided in subsection 3, the coverage for medical treatment required by this section is limited to: (a) Coverage for any drug or device that is approved for sale by the Food and Drug Administration without regard to whether the approved drug or device has been approved for use in the medical treatment of the policyholder or subscriber. (b) The cost of any reasonably necessary health care services that are required as a result of the medical treatment provided in a Phase II, Phase III or Phase IV clinical trial or study or as a result of any complication arising out of the medical treatment provided in a Phase II, Phase III or Phase IV clinical trial or study, to the extent that such health care services would otherwise be covered under the policy of health insurance. (c) The cost of any routine health care services that would otherwise be covered under the policy of health insurance for a policyholder or subscriber participating in a Phase I clinical trial or study. (d) The initial consultation to determine whether the policyholder or subscriber is eligible to participate in the clinical trial or study. (e) Health care services required for the clinically appropriate monitoring of the policyholder or subscriber during a Phase II, Phase III or Phase IV clinical trial or study. (f) Health care services which are required for the clinically appropriate monitoring of the policyholder or subscriber during a Phase I clinical trial or study and which are not directly related to the clinical trial or study. Except as otherwise provided in NRS 689A.04036 , the services provided pursuant to paragraphs (b), (c), (e) and (f) must be covered only if the services are provided by a provider with whom the insurer has contracted for such services. If the insurer has not contracted for the provision of such services, the insurer shall pay the provider the rate of reimbursement that is paid to other providers with whom the insurer has contracted for similar services and the provider shall accept that rate of reimbursement as payment in full.

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

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

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

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

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

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

9. As used in this section: (a) “ Cooperative group ” means a network of facilities that collaborate on research projects and has established a peer review program approved by the National Institutes of Health. The term includes: (1) The Clinical Trials Cooperative Group Program; and (2) The Community Clinical Oncology Program. (b) “ Facility authorized to conduct Phase I clinical trials or studies for the treatment of cancer ” means a facility or an affiliate of a facility that: (1) Has in place a Phase I program which permits only selective participation in the program and which uses clear-cut criteria to determine eligibility for participation in the program; (2) Operates a protocol review and monitoring system which conforms to the standards set forth in the “Policies and Guidelines Relating to the Cancer Center Support Grant” published by the Cancer Centers Branch of the National Cancer Institute; (3) Employs at least two researchers and at least one of those researchers receives funding from a federal grant; (4) Employs at least three clinical investigators who have experience working in Phase I clinical trials or studies conducted at a facility designated as a comprehensive cancer center by the National Cancer Institute; (5) Possesses specialized resources for use in Phase I clinical trials or studies, including, without limitation, equipment that facilitates research and analysis in proteomics, genomics and pharmacokinetics; (6) Is capable of gathering, maintaining and reporting electronic data; and (7) Is capable of responding to audits instituted by federal and state agencies. (c) “ Provider of health care ” means: (1) A hospital; or (2) A person licensed pursuant to chapter 630, 631 or 633 of NRS .
Nev. Rev. Stat. § 680A.160 — NV Code / Title 57 / Chapter 680A / Section 680A.160
Certificate of authority: Issuance or refusal; contents and ownership
Status: in_force

1. If upon completion of its application the Commissioner finds that the insurer has met the requirements therefor under this Code, the Commissioner may issue to the insurer a proper certificate of authority; if the Commissioner does not so find, the Commissioner shall issue an order refusing such certificate.

2. The certificate, if issued, shall state the insurer's name, home office address, state or country of organization, and the kinds of insurance the insurer is authorized to transact throughout Nevada. At the insurer's request, the Commissioner may issue a certificate of authority limited to particular types of insurance or coverages within a kind of insurance as defined in NRS 681A.010 to 681A.080 , inclusive (kinds of insurance).

3. Although issued and delivered to the insurer, the certificate of authority at all times shall be the property of the State of Nevada.
Nev. Rev. Stat. § 680A.200 — NV Code / Title 57 / Chapter 680A / Section 680A.200
Refusal to continue or suspension, limitation or revocation of certificate of authority: Grounds; administrative fine in lieu of certain suspension or revocation; immediate suspension; statute of limitations
Status: in_force

1. Except as otherwise provided in NRS 616B.472 , the Commissioner may refuse to continue or may suspend, limit or revoke an insurer's certificate of authority if the Commissioner finds after a hearing thereon, or upon waiver of hearing by the insurer, that the insurer has: (a) Violated or failed to comply with any lawful order of the Commissioner; (b) Conducted business in an unsuitable manner; (c) Willfully violated or willfully failed to comply with any lawful regulation of the Commissioner; or (d) Violated any provision of this Code other than one for violation of which suspension or revocation is mandatory. In lieu of such a suspension or revocation, the Commissioner may levy upon the insurer, and the insurer shall pay forthwith, an administrative fine of not more than $2,000 for each act or violation.

2. Except as otherwise provided in chapter 696B of NRS , the Commissioner shall suspend or revoke an insurer's certificate of authority on any of the following grounds if the Commissioner finds after a hearing thereon that the insurer: (a) Is in unsound condition, is being fraudulently conducted, or is in such a condition or is using such methods and practices in the conduct of its business as to render its further transaction of insurance in this State currently or prospectively hazardous or injurious to policyholders or to the public. (b) With such frequency as to indicate its general business practice in this State: (1) Has without just cause failed to pay, or delayed payment of, claims arising under its policies, whether the claims are in favor of an insured or in favor of a third person with respect to the liability of an insured to the third person; or (2) Without just cause compels insureds or claimants to accept less than the amount due them or to employ attorneys or to bring suit against the insurer or such an insured to secure full payment or settlement of such claims. (c) Refuses to be examined, or its directors, officers, employees or representatives refuse to submit to examination relative to its affairs, or to produce its books, papers, records, contracts, correspondence or other documents for examination by the Commissioner when required, or refuse to perform any legal obligation relative to the examination. (d) Except as otherwise provided in NRS 681A.110 , has reinsured all its risks in their entirety in another insurer. (e) Has failed to pay any final judgment rendered against it in this State upon any policy, bond, recognizance or undertaking as issued or guaranteed by it, within 30 days after the judgment became final or within 30 days after dismissal of an appeal before final determination, whichever date is the later.

3. In addition to the grounds specified in subsections 1 and 2, the Commissioner may refuse to continue or may suspend, limit or revoke an insurer's certificate of authority if the Commissioner finds after a hearing thereon, or upon waiver of hearing by the insurer, that the insurer has failed to comply with any provision of NRS 439B.800 to 439B.875 , inclusive, if applicable, or any applicable regulation adopted pursuant thereto.

4. The Commissioner may, without advance notice or a hearing thereon, immediately suspend the certificate of authority of any insurer as to which proceedings for receivership, conservatorship, rehabilitation or other delinquency proceedings have been commenced in any state by the public officer who supervises insurance for that state.

5. No proceeding to suspend, limit or revoke a certificate of authority pursuant to this section may be maintained unless it is commenced by the giving of notice to the insurer 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. § 689.580 — NV Code / Title 57 / Chapter 689 / Section 689.580
Prepaid contracts: Termination on insolvency or other inability of seller to perform unless assigned; distribution of money in trust fund
Status: in_force

1. An executory prepaid contract automatically terminates if the seller or any performer under the contract goes out of business, dies, becomes insolvent or bankrupt, makes an assignment for the benefit of creditors or is otherwise unable to fulfill the obligations under the contract, unless the successors or assignees of the business agree to accept all liability and to fulfill all obligations as originally set forth in the contract.

2. Upon any such termination, the money in the trust fund, including earned interest, held by the trustee for the account of the buyer must be distributed by the trustee to the buyer or to a qualified seller or performer assuming the outstanding contractual liabilities, as authorized by the Commissioner.
Nev. Rev. Stat. § 693B.100 — NV Code / Title 57 / Chapter 693B / Section 693B.100
Acting officers: Powers, duties and compensation
Status: in_force

Acting officers elected pursuant to NRS 693B.060 shall have such powers and duties and receive such compensation as may from time to time be determined by the board or emergency board of directors. Each acting officer shall serve until the officer in whose place he or she was elected appears and assumes his or her duties or until a successor officer or acting officer is elected, whichever event occurs earlier.
Nev. Rev. Stat. § 695A.1874 — NV Code / Title 57 / Chapter 695A / Section 695A.1874
Coverage for certain drugs and services related to substance use disorder and opioid use disorder required; reimbursement of pharmacists and pharmacies for certain services; prohibited acts
Status: in_force

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

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

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

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

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

6. A society 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 society.

7. A benefit contract subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 2024, has the legal effect of including the coverage required by subsection 1, and any provision of the contract that conflicts with the provisions of this section is void.

8. As used in this section: (a) “ Medical management technique ” means a practice which is used to control the cost or use of health care services or prescription drugs. The term includes, without limitation, the use of step therapy, prior authorization and categorizing drugs and devices based on cost, type or method of administration. (b) “ Network plan ” means a benefit contract offered by a society under which the financing and delivery of medical care, including items and services paid for as medical care, are provided, in whole or in part, through a defined set of providers under contract with the society. The term does not include an arrangement for the financing of premiums. (c) “ Primary care ” means the practice of family medicine, pediatrics, internal medicine, obstetrics and gynecology and midwifery. (d) “ Provider of health care ” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 689B.560 — NV Code / Title 57 / Chapter 689B / Section 689B.560
Carrier required to renew coverage at option of plan sponsor; exceptions; discontinuation of product; discontinuation of group health insurance through bona fide association
Status: in_force

1. Except as otherwise provided in this section, coverage under a policy of group health insurance must be renewed by the carrier at the option of the plan sponsor, unless: (a) The plan sponsor has failed to pay premiums or contributions in accordance with the terms of the group health insurance or the carrier has not received timely premium payments; (b) The plan sponsor has performed an act or a practice that constitutes fraud or has made an intentional misrepresentation of material fact under the terms of the coverage; (c) The plan sponsor has failed to comply with any material provision of the group health insurance relating to employer contributions and group participation; or (d) The carrier decides to discontinue offering coverage under group health insurance. If the carrier decides to discontinue offering and renewing such insurance, the carrier shall: (1) Provide notice of its intention to the Commissioner and the chief regulatory officer for insurance in each state in which the carrier is licensed to transact insurance at least 60 days before the date on which notice of cancellation or nonrenewal is delivered or mailed to the persons covered by the discontinued insurance pursuant to subparagraph (2). (2) Provide notice of its intention to all persons covered by the discontinued insurance and to the Commissioner and the chief regulatory officer for insurance in each state in which such a person is known to reside. The notice must be made at least 180 days before the discontinuance of any group health plan by the carrier. (3) Discontinue all health insurance issued or delivered for issuance for persons in this state and not renew coverage under any group health insurance issued to such persons.

2. A carrier may discontinue a product offered to employers pursuant to this subsection only if: (a) The carrier notifies the Commissioner of its decision pursuant to this subsection to discontinue the product at least 60 days before the carrier notifies the affected employers and persons covered pursuant to paragraph (b). (b) The carrier notifies each affected employer and person covered of the decision of the carrier to discontinue the product. The notice must be made at least 90 days before the date on which the carrier will discontinue offering the product. (c) The carrier offers to each affected employer the option to purchase any other health benefit plan currently offered by the carrier to groups in this state. (d) In exercising the option to discontinue the product and in offering the option to purchase other coverage pursuant to paragraph (c), the carrier acts uniformly without regard to the claim experience of the persons covered by the discontinued product or any health status-related factor relating to those persons or beneficiaries covered by the discontinued product or any person or beneficiary who may become eligible for such coverage.

3. A carrier may discontinue the issuance and renewal of any type of group health insurance offered by the carrier in this state that is made available pursuant to this chapter only to a member of a bona fide association if: (a) The membership of the person in the bona fide association was the basis for the provision of coverage under the group health insurance; (b) The membership of the person in the bona fide association ceases; and (c) Coverage is terminated pursuant to this subsection for all such former members uniformly without regard to any health status-related factor relating to the former member.

4. A carrier that elects not to renew group health insurance pursuant to paragraph (d) of subsection 1 shall not write new business pursuant to this chapter for 5 years after the date on which notice is provided to the Commissioner pursuant to subparagraph (2) of paragraph (d) of subsection 1.

5. If the carrier does business in only one geographic service area of this state, the provisions of this section apply only to the operations of the carrier in that service area.

6. As used in this section, “bona fide association” has the meaning ascribed to it in NRS 689A.485 .
Nev. Rev. Stat. § 692A.015 — NV Code / Title 57 / Chapter 692A / Section 692A.015
“Abstract of title” defined
Status: in_force

“ Abstract of title ” means any written representation listing all recorded conveyances, instruments and documents which, under the laws of this State, impart constructive notice with respect to the chain of title of the real property described therein. The term does not include a binder, commitment to insure or preliminary report of title.
Nev. Rev. Stat. § 697.215 — NV Code / Title 57 / Chapter 697 / Section 697.215
Issuance of nonresident license as bail agent; verification of licensing status; requirement to maintain resident license in home state; termination
Status: in_force

1. The Commissioner shall issue a nonresident license as a bail agent to a nonresident person if: (a) The person is currently licensed and in good standing as a bail agent in the resident or home state of the person; (b) The person has submitted the proper request for licensure and has paid all fees required pursuant to NRS 680B.010 and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110 ; (c) The person has submitted or transmitted to the Commissioner the appropriate completed application for licensure; (d) The person satisfies the requirements specified in subsection 2 of NRS 697.150 ; and (e) The home state of the person awards nonresident licenses as a bail agent to persons of this State on the same basis.

2. The Commissioner may verify the licensing status of the nonresident person: (a) Through any appropriate database, including, without limitation, the Producer Database maintained by the National Insurance Producer Registry or its affiliates or subsidiaries; (b) By requesting that the nonresident person submit proof that the nonresident person is licensed and in good standing in the person's home state as a bail agent; or (c) Through any other means the Commissioner determines to be appropriate.

3. As a condition to the continuation of a nonresident license as a bail agent, the nonresident bail agent shall maintain a resident license as a bail agent in the home state of the bail agent. A nonresident license as a bail agent issued under this section must be terminated and surrendered immediately to the Commissioner if the resident license as a bail agent in the home state is terminated for any reason, unless: (a) The termination is due to the nonresident bail agent being issued a new resident license as a bail agent in a new home state; and (b) The new resident license as a bail agent is from a state that has reciprocity with this State.

4. The Commissioner shall give notice of the termination of a resident license as a bail agent within 30 days after the date of the termination to any states that issued a nonresident license as a bail agent to the holder of the resident license. If the resident license as a bail agent was terminated because of a change in the home state of the bail agent, the notice must include both the previous and current address of the bail agent.

5. The Commissioner shall terminate a nonresident license as a bail agent issued pursuant to this section if the bail agent establishes legal residency in this State and fails to apply for a resident license as a bail agent within 90 days after establishing legal residency.
Nev. Rev. Stat. § 685A.072 — NV Code / Title 57 / Chapter 685A / Section 685A.072
Domestic surplus lines insurer: Designation; authority; requirements for broker who places surplus lines insurance with insurer; applicability of other provisions
Status: in_force

1. An insurer which is domiciled in this State may be designated as a domestic surplus lines insurer by the Commissioner if: (a) The insurer possesses capital and surplus of not less than $15,000,000; or (b) The Commissioner makes an affirmative finding of acceptability pursuant to subsection 3 of NRS 685A.070 .

2. A designation by the Commissioner of an insurer as a domestic surplus lines insurer must be in writing.

3. A domestic surplus lines insurer may accept surplus lines insurance in any jurisdiction in which it is eligible.

4. A broker who places surplus lines insurance with a domestic surplus lines insurer shall comply with: (a) The provisions of NRS 685A.175 and 685A.180 ; and (b) All other provisions of this chapter which apply to the export of nonadmitted insurance for an insured for which this State is the home state.

5. Except as otherwise provided by specific statute, the provisions of this Code regarding financial and solvency requirements apply to a domestic surplus lines insurer.

6. The provisions of chapter 686C and 687A of NRS do not apply to a domestic surplus lines insurer.
Nev. Rev. Stat. § 695F.330 — NV Code / Title 57 / Chapter 695F / Section 695F.330
Payment of premium tax
Status: in_force

At the time of filing the annual report pursuant to NRS 695F.320 the prepaid limited health service organization shall forward to the Department of Taxation the tax and any penalty for nonpayment or delinquent payment of the tax in accordance with the provisions of chapter 680B of NRS .
Nev. Rev. Stat. § 694C.130 — NV Code / Title 57 / Chapter 694C / Section 694C.130
“Reciprocal insurer” defined
Status: in_force

“Reciprocal insurer” has the meaning ascribed to it in NRS 680A.040 .
Nev. Rev. Stat. § 686A.292 — NV Code / Title 57 / Chapter 686A / Section 686A.292
Additional penalties for insurance fraud; payment of expenses of Fraud Control Unit; persons who are victims for purposes of restitution
Status: in_force

1. A court may, in addition to imposing the penalties set forth in NRS 193.130 , order a person who is convicted of, or who pleads guilty, guilty but mentally ill or nolo contendere to, insurance fraud to pay: (a) Court costs; and (b) The cost of the investigation and prosecution of the insurance fraud for which the person was convicted or to which the person pleaded guilty, guilty but mentally ill or nolo contendere.

2. Any money received by the Attorney General pursuant to paragraph (b) of subsection 1 must be accounted for separately and used to pay the expenses of the Fraud Control Unit for Insurance established pursuant to NRS 228.412 , and is hereby authorized for expenditure for that purpose. The money in the account does not revert to the State General Fund at the end of any fiscal year and must be carried forward to the next fiscal year.

3. An insurer or other organization, or any other person, subject to the jurisdiction of the Commissioner pursuant to this title shall be deemed to be a victim for the purposes of restitution in a case that involves insurance fraud or that is related to a claim of insurance fraud.
Nev. Rev. Stat. § 689A.04045 — NV Code / Title 57 / Chapter 689A / Section 689A.04045
Policy covering prescription drugs prohibited from limiting or excluding coverage for prescription drug previously approved for medical condition of insured; exception
Status: in_force

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

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

3. Any provision of a policy subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after October 1, 2001, which is in conflict with this section is void.
Nev. Rev. Stat. § 690C.155 — NV Code / Title 57 / Chapter 690C / Section 690C.155
Determination of controlling person of provider
Status: in_force

A person is a controlling person of a provider if the person:

1. Is an officer of the provider; or

2. Possesses the authority to set the policy and direct the management of the business entity in connection with its service contract business.
Nev. Rev. Stat. § 688A.369 — NV Code / Title 57 / Chapter 688A / Section 688A.369
Insurance to which NRS 688A.361 to 688A.369, inclusive, not applicable
Status: in_force

NRS 688A.361 to 688A.369 , inclusive, do not apply to any reinsurance, group annuity purchased under a retirement plan or plan of deferred compensation established or maintained by an employer (including a partnership or sole proprietorship), by an employee organization, or by both, other than a plan providing individual retirement accounts or individual retirement annuities under section 408 of the Internal Revenue Code , as amended, premium deposit fund, variable annuity, investment annuity, immediate annuity, deferred annuity contract after annuity payments have commenced, contingent deferred annuity, reversionary annuity or to any contract which will be delivered outside this state through an agent or other representative of the company issuing the contract.
Nev. Rev. Stat. § 682A.153 — NV Code / Title 57 / Chapter 682A / Section 682A.153
“Option” defined
Status: in_force

“ Option ” means an agreement giving the buyer the right to buy or receive, sell or deliver, enter into, extend or terminate, or effect a cash settlement based on the actual or expected price, level, performance or value of one or more underlying interests.
Nev. Rev. Stat. § 695C.1795 — NV Code / Title 57 / Chapter 695C / Section 695C.1795
Reimbursement to provider of medical transportation
Status: in_force

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

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

3. Subsection 1 does not apply to any agreement between a health maintenance organization and a provider of medical transportation for the direct payment by the organization for the provider's services.
Nev. Rev. Stat. § 684B.060 — NV Code / Title 57 / Chapter 684B / Section 684B.060
Issuance of license; notice of refusal to issue license; license fees nonrefundable
Status: in_force

1. If the Commissioner finds that the application is complete and the applicant is otherwise eligible and qualified for the license as a motor vehicle physical damage appraiser, the Commissioner shall promptly issue the license. If the Commissioner refuses to issue the license the Commissioner shall promptly notify the applicant in writing of the refusal, stating the grounds for the refusal.

2. All fees paid by the applicant with the application for a license are nonrefundable.
Nev. Rev. Stat. § 682A.556 — NV Code / Title 57 / Chapter 682A / Section 682A.556
Additional foreign investment and foreign currency allowance for insurers not authorized to do business in foreign jurisdiction but holding foreign contracts
Status: in_force

In addition to investments allowed under NRS 682A.550 and 682A.552 , an insurer that is not authorized to do business in a foreign jurisdiction but which has outstanding insurance, annuity or reinsurance contracts on lives or risks resident or located in a foreign jurisdiction and denominated in foreign currency of that jurisdiction, may acquire foreign investments respecting that foreign jurisdiction, and may acquire investments denominated in the currency of that jurisdiction subject to the limitations set forth in NRS 682A.512 , 682A.514 and 682A.516 . Investments made in accordance with this section in obligations of foreign governments, their political subdivisions and government-sponsored enterprises are not subject to the limitations of NRS 682A.512 , 682A.514 and 682A.516 if those investments carry an SVO rating of 1 or 2. The aggregate amount of investments acquired by the insurer in accordance with this section must not exceed 105 percent of the amount of the insurer's reserves, net of reinsurance, and other obligations under the contracts on risks resident or located in the foreign jurisdiction.
Nev. Rev. Stat. § 685A.032 — NV Code / Title 57 / Chapter 685A / Section 685A.032
“Exempt commercial purchaser” defined
Status: in_force

1. “ Exempt commercial purchaser ” means any person or political subdivision of this State purchasing commercial insurance: (a) Who, at the time of placement, employs or retains a qualified risk manager to negotiate insurance coverage; (b) Who, at the time of placement, has paid aggregate nationwide commercial property and casualty insurance premiums of more than $100,000 in the immediately preceding 12 months; and (c) Who, at the time of placement, satisfies one of the following conditions: (1) Possesses a net worth of more than $20,000,000; (2) Generates annual revenues of more than $50,000,000; (3) Employs more than 500 full-time or full-time equivalent employees or is a member of an affiliated group that employs more than 1,000 employees in the aggregate; (4) Is a nonprofit organization or public entity that generates annual budgeted expenditures of $30,000,000 or more; or (5) Is a city whose population is 25,000 or more or a county whose population is 20,000 or more.

2. The amounts set forth in subparagraphs (1), (2) and (4) of paragraph (c) of subsection 1 must be adjusted on or before January 1, 2015, and every 5 years thereafter to reflect inflation, as measured by the average percentage of increase or decrease in the Consumer Price Index for All Urban Consumers of the United States Department of Labor, Bureau of Labor Statistics for the preceding 5 years. The Commissioner shall determine the amount of the increase or decrease required by this subsection and establish the adjusted amounts to take effect on January 1 of that year.
Nev. Rev. Stat. § 695C.1703 — NV Code / Title 57 / Chapter 695C / Section 695C.1703
Evidence of coverage covering prescription drugs: Provision of notice and information regarding use of formulary
Status: in_force

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

2. If a health maintenance organization or insurer offers or issues evidence of coverage which provides coverage for prescription drugs and a formulary is used, the organization or insurer shall: (a) Provide to any enrollee or participating provider of health care upon request: (1) Information regarding whether a specific drug is included in the formulary. (2) Access to the most current list of prescription drugs in the formulary, organized by major therapeutic category, with an indication of whether any listed drugs are preferred over other listed drugs. If more than one formulary is maintained, the organization or insurer shall notify the requester that a choice of formulary lists is available. (b) Notify each person who requests information regarding the formulary, that the inclusion of a drug in the formulary does not guarantee that a provider of health care will prescribe that drug for a particular medical condition.
Nev. Rev. Stat. § 688A.350 — NV Code / Title 57 / Chapter 688A / Section 688A.350
Calculation of cash surrender value and paid-up nonforfeiture benefit
Status: in_force

1. Any cash surrender value and any paid-up nonforfeiture benefit, available under the policy in the event of default in a premium payment due at any time other than on the policy anniversary, must be calculated with allowance for the lapse of time and the payment of fractional premiums beyond the last preceding policy anniversary.

2. All values referred to in NRS 688A.300 to 688A.340 , inclusive, may be calculated upon the assumption that any death benefit is payable at the end of the policy year of death.

3. The net value of any paid-up additions, other than paid-up term additions, must not be less than the amounts used to provide the additions.

4. Notwithstanding the provisions of NRS 688A.300 , additional benefits payable: (a) In the event of death or dismemberment by accident or accidental means; (b) In the event of total and permanent disability; (c) As reversionary annuity or deferred reversionary annuity benefits; (d) As term insurance benefits provided by a rider or supplemental policy provision to which, if issued as a separate policy, NRS 688A.290 to 688A.360 , inclusive, would not apply; (e) As term insurance on the life of a child or on the lives of children provided in a policy on the life of a parent of the child, if the term insurance expires before the child's age is 26, is uniform in amount after the child's age is 1, and has not become paid up by reason of the death of a parent of the child; (f) As other policy benefits additional to life insurance and endowment benefits; and (g) Premiums for all such additional benefits, must be disregarded in ascertaining cash surrender values and nonforfeiture benefits required by NRS 688A.290 to 688A.360 , inclusive, and no such additional benefits may be required to be included in any paid-up nonforfeiture benefits.
Nev. Rev. Stat. § 694B.250 — NV Code / Title 57 / Chapter 694B / Section 694B.250
Merger or conversion
Status: in_force

1. A domestic reciprocal insurer upon the affirmative vote of not less than two-thirds of its subscribers who vote on such merger pursuant to due notice and the approval of the Commissioner of the terms therefor may merge with another reciprocal insurer or be converted to a stock or mutual insurer.

2. Such a stock or mutual insurer shall be subject to the same capital or surplus requirements and shall have the same rights as a like domestic insurer transacting like kinds of insurance.

3. The Commissioner shall not approve any plan for such merger or conversion which is inequitable to subscribers, or which, if for conversion to a stock insurer, does not give each subscriber preferential right to acquire stock of the proposed insurer proportionate to his or her interest in the reciprocal insurer as determined in accordance with NRS 694B.240 and a reasonable length of time within which to exercise such right.
Nev. Rev. Stat. § 687B.183 — NV Code / Title 57 / Chapter 687B / Section 687B.183
Binders: Forms; required statement related to certain policies; delivery of copies
Status: in_force

1. All written binders must be made on forms approved by the Commissioner.

2. A binder related to a policy of insurance which provides coverage of less than $1,000,000 must contain a statement printed in at least 10-point bold type that any person who refuses to accept the binder as proof of insurance pursuant to the provisions of NRS 687B.186 is subject to the penalties provided in that section.

3. If a binder is in writing, one copy must be delivered either in person or by mailing first class to: (a) The insured; and (b) The insurer providing coverage under the binder, within 24 hours after the binder becomes effective.
Nev. Rev. Stat. § 690D.200 — NV Code / Title 57 / Chapter 690D / Section 690D.200
Free-look period required; cancellation and refund during or after free-look period; manner and limitations on time for request of refund; creditor authorized to apply refund to balance owed on finance agreement
Status: in_force

1. A guaranteed asset protection waiver must provide a free-look period of not less than 30 days. If the guaranteed asset protection waiver is cancelled within this period and no benefits have been provided, the creditor must refund the full purchase price of the guaranteed asset protection waiver.

2. A borrower must be able to cancel a guaranteed asset protection waiver after the free-look period. If a guaranteed asset protection waiver is cancelled after the free-look period and no benefits have been provided, the creditor must refund any unearned portion of the purchase price of the guaranteed asset protection waiver in the manner specified in the guaranteed asset protection waiver.

3. To request a full or partial refund of the purchase price of a guaranteed asset protection waiver that is cancelled after the free-look period, the borrower must provide a written request for a refund to the person specified in the terms of the guaranteed asset protection waiver. If the guaranteed asset protection waiver is cancelled because the finance agreement is terminated, the borrower must provide the request within 90 days after the termination of the finance agreement.

4. The creditor may apply any refund owed to the borrower because of the cancellation of a guaranteed asset protection waiver, including, without limitation, cancellation during the free-look period or cancellation caused by a default on the finance agreement or the repossession of the vehicle associated with the finance agreement, to any amount still owed to the creditor under the finance agreement.
Nev. Rev. Stat. § 695I.080 — NV Code / Title 57 / Chapter 695I / Section 695I.080
“Qualified health plan” defined
Status: in_force

Except as otherwise provided in NRS 695I.370 , “qualified health plan” has the meaning ascribed to it in § 1301 of the Federal Act.
Nev. Rev. Stat. § 691E.280 — NV Code / Title 57 / Chapter 691E / Section 691E.280
Responsibilities and duties of producer of limited lines travel insurance with respect to travel retailer
Status: in_force

A producer of limited lines travel insurance is responsible for the acts of a travel retailer who offers and disseminates travel insurance under the license of the producer of limited lines travel insurance and shall use reasonable means to ensure compliance by the travel retailer with the provisions of this chapter and the regulations adopted pursuant thereto.
Nev. Rev. Stat. § 692C.351 — NV Code / Title 57 / Chapter 692C / Section 692C.351
Risk management framework required
Status: in_force

An insurer shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing and reporting on its material relevant risks. This requirement shall be deemed satisfied if the insurance group of which the insurer is a member maintains a risk management framework applicable to the operations of the insurer.
Nev. Rev. Stat. § 689C.490 — NV Code / Title 57 / Chapter 689C / Section 689C.490
Formation of voluntary purchasing group by small employers; requirements when affiliate of group ceases to qualify as small employer
Status: in_force

1. A small employer may, in accordance with the provisions of NRS 689C.490 to 689C.600 , inclusive, choose to affiliate voluntarily with other small employers as a voluntary purchasing group to purchase health benefits for eligible employees and their dependents.

2. An employer who affiliates with a voluntary purchasing group shall notify the carrier for that group when the employer has less than 2 or more than 50 employees. The carrier shall: (a) Upon receiving such a notification, inform the employer of the provisions of paragraph (b). (b) If the employer ceases to be a small employer, refuse to renew the coverage of that employer and employees of that employer and their dependents under any contract provided through the voluntary purchasing group.
Nev. Rev. Stat. § 685A.010 — NV Code / Title 57 / Chapter 685A / Section 685A.010
Short title
Status: in_force

This chapter constitutes and may be cited as the Nonadmitted Insurance Law.
Nev. Rev. Stat. § 688D.100 — NV Code / Title 57 / Chapter 688D / Section 688D.100
Insurer prohibited from charging insured or beneficiary fees for search or verification
Status: in_force

An insurer shall not charge or collect from an insured or a beneficiary any fees or costs associated with any search or verification conducted pursuant to this chapter.
Nev. Rev. Stat. § 681B.0033 — NV Code / Title 57 / Chapter 681B / Section 681B.0033
“Confidential information” defined
Status: in_force

“ Confidential information ” means any information which qualifies as confidential under NRS 681B.400 .
Nev. Rev. Stat. § 688C.020 — NV Code / Title 57 / Chapter 688C / Section 688C.020
“Advertising” defined
Status: in_force

“ Advertising ” means a written, electronic or printed communication or a communication by recorded telephone message, radio, television, the Internet or a similar medium of communication, including a film strip, motion picture or videotape, published, communicated or otherwise placed before the public to create an interest in, or induce a person to purchase or sell a policy of life insurance pursuant to, a viatical settlement.
Nev. Rev. Stat. § 682A.550 — NV Code / Title 57 / Chapter 682A / Section 682A.550
Foreign investments
Status: in_force

Subject to the limitations of NRS 682A.512 , 682A.514 and 682A.516 , an insurer may acquire foreign investments, or engage in investment practices with persons of, or in, foreign jurisdictions, of substantially the same types as those that an insurer is allowed to acquire pursuant to this chapter, other than of the type allowed under NRS 682A.520 if, as a result of and after giving effect to the investment:

1. The aggregate amount of foreign investments held by the insurer in accordance with this section does not exceed 20 percent of its admitted assets; and

2. The aggregate amount of foreign investments held by the insurer in accordance with this section in a single foreign jurisdiction does not exceed 10 percent of its admitted assets as to a foreign jurisdiction that has a sovereign debt rating of SVO 1 or 5 percent of its admitted assets as to any other foreign jurisdiction.
Nev. Rev. Stat. § 695C.140 — NV Code / Title 57 / Chapter 695C / Section 695C.140
Notice and approval required for modification of operations; regulations
Status: in_force

1. A health maintenance organization shall, unless otherwise provided for in this chapter, file notice with the Commissioner before any material modification of the operations described in the information required by NRS 695C.070 . If the Commissioner does not disapprove within 90 days after filing of the notice, the modification is deemed approved.

2. The Commissioner may adopt regulations to carry out the provisions of this section.
Nev. Rev. Stat. § 695C.1693 — NV Code / Title 57 / Chapter 695C / Section 695C.1693
Required provision concerning coverage for certain treatment received as part of clinical trial or study for treatment of cancer or chronic fatigue syndrome; authority of health maintenance organization to require certain information; immunity from liability
Status: in_force

1. Except as otherwise provided in NRS 695C.050 , a health care plan issued by a health maintenance organization must provide coverage for medical treatment which an enrollee receives as part of a clinical trial or study if: (a) The medical treatment is provided in a Phase I, Phase II, Phase III or Phase IV study or clinical trial for the treatment of cancer or in a Phase II, Phase III or Phase IV study or clinical trial for the treatment of chronic fatigue syndrome; (b) The clinical trial or study is approved by: (1) An agency of the National Institutes of Health as set forth in 42 U.S.C. § 281(b) ; (2) A cooperative group; (3) The Food and Drug Administration as an application for a new investigational drug; (4) The United States Department of Veterans Affairs; or (5) The United States Department of Defense; (c) In the case of: (1) A Phase I clinical trial or study for the treatment of cancer, the medical treatment is provided at a facility authorized to conduct Phase I clinical trials or studies for the treatment of cancer; or (2) A Phase II, Phase III or Phase IV study or clinical trial for the treatment of cancer or chronic fatigue syndrome, the medical treatment is provided by a provider of health care and the facility and personnel for the clinical trial or study have the experience and training to provide the treatment in a capable manner; (d) There is no medical treatment available which is considered a more appropriate alternative medical treatment than the medical treatment provided in the clinical trial or study; (e) There is a reasonable expectation based on clinical data that the medical treatment provided in the clinical trial or study will be at least as effective as any other medical treatment; (f) The clinical trial or study is conducted in this State; and (g) The enrollee has signed, before participating in the clinical trial or study, a statement of consent indicating that the enrollee has been informed of, without limitation: (1) The procedure to be undertaken; (2) Alternative methods of treatment; and (3) The risks associated with participation in the clinical trial or study, including, without limitation, the general nature and extent of such risks.

2. Except as otherwise provided in subsection 3, the coverage for medical treatment required by this section is limited to: (a) Coverage for any drug or device that is approved for sale by the Food and Drug Administration without regard to whether the approved drug or device has been approved for use in the medical treatment of the enrollee. (b) The cost of any reasonably necessary health care services that are required as a result of the medical treatment provided in a Phase II, Phase III or Phase IV clinical trial or study or as a result of any complication arising out of the medical treatment provided in a Phase II, Phase III or Phase IV clinical trial or study, to the extent that such health care services would otherwise be covered under the health care plan. (c) The cost of any routine health care services that would otherwise be covered under the health care plan for an enrollee in a Phase I clinical trial or study. (d) The initial consultation to determine whether the enrollee is eligible to participate in the clinical trial or study. (e) Health care services required for the clinically appropriate monitoring of the enrollee during a Phase II, Phase III or Phase IV clinical trial or study. (f) Health care services which are required for the clinically appropriate monitoring of the enrollee during a Phase I clinical trial or study and which are not directly related to the clinical trial or study. Except as otherwise provided in NRS 695C.1691 , the services provided pursuant to paragraphs (b), (c), (e) and (f) must be covered only if the services are provided by a provider with whom the health maintenance organization has contracted for such services. If the health maintenance organization has not contracted for the provision of such services, the health maintenance organization shall pay the provider the rate of reimbursement that is paid to other providers with whom the health maintenance organization has contracted for similar services and the provider shall accept that rate of reimbursement as payment in full.

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

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

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

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

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

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

9. As used in this section: (a) “ Cooperative group ” means a network of facilities that collaborate on research projects and has established a peer review program approved by the National Institutes of Health. The term includes: (1) The Clinical Trials Cooperative Group Program; and (2) The Community Clinical Oncology Program. (b) “ Facility authorized to conduct Phase I clinical trials or studies for the treatment of cancer ” means a facility or an affiliate of a facility that: (1) Has in place a Phase I program which permits only selective participation in the program and which uses clear-cut criteria to determine eligibility for participation in the program; (2) Operates a protocol review and monitoring system which conforms to the standards set forth in the “Policies and Guidelines Relating to the Cancer Center Support Grant” published by the Cancer Centers Branch of the National Cancer Institute; (3) Employs at least two researchers and at least one of those researchers receives funding from a federal grant; (4) Employs at least three clinical investigators who have experience working in Phase I clinical trials or studies conducted at a facility designated as a comprehensive cancer center by the National Cancer Institute; (5) Possesses specialized resources for use in Phase I clinical trials or studies, including, without limitation, equipment that facilitates research and analysis in proteomics, genomics and pharmacokinetics; (6) Is capable of gathering, maintaining and reporting electronic data; and (7) Is capable of responding to audits instituted by federal and state agencies. (c) “ Provider of health care ” means: (1) A hospital; or (2) A person licensed pursuant to chapter 630, 631 or 633 of NRS .
Nev. Rev. Stat. § 681A.220 — NV Code / Title 57 / Chapter 681A / Section 681A.220
Limitation on credit allowed when assuming insurer does not meet certain requirements
Status: in_force

Credit must be allowed if reinsurance is ceded to an assuming insurer not meeting the requirements of NRS 681A.110 , 681A.150 to 681A.190 , inclusive, and NRS 681A.211 to 681A.217 , inclusive, but only with respect to the insurance of risks located in jurisdictions where such reinsurance is required by applicable law or regulation of that jurisdiction.
Nev. Rev. Stat. § 696A.070 — NV Code / Title 57 / Chapter 696A / Section 696A.070
“Service contract” defined
Status: in_force

“Service contract” means a written contract whereby any person promises for a consideration to render, furnish or procure motor club service for any other person.
Nev. Rev. Stat. § 695C.070 — NV Code / Title 57 / Chapter 695C / Section 695C.070
Certificate of authority: Application
Status: in_force

Each application for a certificate of authority must be verified by an officer or authorized representative of the applicant, must be in a form prescribed by the Commissioner, and must set forth or be accompanied by the following:

1. A copy of the basic organizational document, if any, of the applicant, and all amendments thereto;

2. A copy of the bylaws, rules or regulations, or a similar document, if any, regulating the conduct of the internal affairs of the applicant;

3. A list of the names, addresses and official positions of the persons who will be responsible for the conduct of the affairs of the applicant, including all members of the board of directors, board of trustees, executive committee, or other governing board or committee, the officers in the case of a corporation, and the partners or members in the case of a partnership or association;

4. A copy of any contract made or to be made between any providers or persons listed in subsection 3 and the applicant;

5. A statement generally describing the health maintenance organization, its health care plan or plans, the location of facilities at which health care services will be regularly available to enrollees and the type of health care personnel who will provide the health care services;

6. A copy of the form of evidence of coverage to be issued to the enrollees;

7. A copy of the form of the group contract, if any, which is to be issued to employers, unions, trustees or other organizations;

8. Certified financial statements showing the applicant's assets, liabilities and sources of financial support;

9. The proposed method of marketing the plan, a financial plan which includes a 3-year projection of the initial operating results anticipated and the sources of working capital and any other sources of funding;

10. A power of attorney, executed by the applicant, appointing the Commissioner and the authorized deputies of the Commissioner as the true and lawful attorney of such applicant in and for this State upon whom all lawful process in any legal action or proceeding against the health maintenance organization on a cause of action arising in this State may be served;

11. A statement reasonably describing the geographic area to be served;

12. A description of the procedures for resolving complaints and procedures for external reviews to be used as required under NRS 695C.260 ;

13. A description of the procedures and programs to be implemented to meet the quality of health care requirements in NRS 695C.080 ;

14. A description of the mechanism by which enrollees will be afforded an opportunity to participate in matters of program content under subsection 2 of NRS 695C.110 ; and

15. Such other information as the Commissioner may require to make the determinations required in NRS 695C.080 .
Nev. Rev. Stat. § 695B.080 — NV Code / Title 57 / Chapter 695B / Section 695B.080
Merger and consolidation: Continuance of contracts and contribution certificates
Status: in_force

In the event of any merger and consolidation as provided by this chapter, contracts and contribution certificates issued in compliance with the provisions of this chapter and outstanding at the time of the date of the merger and consolidation may be continued in force, reinstated, renewed and repaid without change of provisions, except as such change may be necessary or advisable at or following the next renewal or reinstatement.
Nev. Rev. Stat. § 695C.16932 — NV Code / Title 57 / Chapter 695C / Section 695C.16932
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 health maintenance 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 health maintenance 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 enrollee 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 health maintenance organization.

3. If a health maintenance organization requires an enrollee to obtain prior authorization for a biomarker test described in subsection 1, the health maintenance 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 health maintenance 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 health maintenance 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 health maintenance 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 health maintenance 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. § 679B.227 — NV Code / Title 57 / Chapter 679B / Section 679B.227
Statute of limitations for commencing proceedings to collect premium tax
Status: in_force

The Commissioner has 7 years in which to begin proceedings to collect the premium tax and associated penalties and fines imposed pursuant to NRS 680B.027 , 680B.039 , 680B.040 , 685A.180 , 685A.190 and 685B.035 , where the tax has been unreported or has been concealed by error or omission, and where the amount of the tax is known or through reasonable diligence should have been known.
Nev. Rev. Stat. § 688A.380 — NV Code / Title 57 / Chapter 688A / Section 688A.380
Participating and nonparticipating policies: Accounting; allocations; dividends
Status: in_force

1. A life insurer issuing both participating and nonparticipating policies shall maintain such accounting records as are necessary for it to determine dividends to participating policyholders on an equitable basis.

2. For the purposes of such accounting records the insurer shall make a reasonable allocation between participating and nonparticipating policies of the expenses of such general operations or functions as are jointly shared. Any allocation of expense between the respective categories shall be made upon a reasonable basis, to the end that each category shall bear a just portion of joint expense involved in the administration of the business of such category.

3. No policy after January 1, 1972, shall provide for, and no life insurer or representative shall, after January 1, 1972, knowingly offer or promise payment, credit or distribution of participating “dividends,” “earnings,” “profits” or “savings,” by whatever name called, to participating policies out of such profits, earnings or savings on nonparticipating policies. This subsection does not restrict the generality of NRS 686A.110 (rebates).
Nev. Rev. Stat. § 687B.210 — NV Code / Title 57 / Chapter 687B / Section 687B.210
Payment under life or health insurance policy or annuity contract discharges insurer from claims under policy or contract; exception
Status: in_force

1. Whenever the proceeds of or payments under a life or health insurance policy or annuity contract issued before, on or after January 1, 1972, become payable in accordance with the terms of the policy or contract, or the exercise of any right or privilege thereunder, and the insurer makes payment thereof in accordance therewith or in accordance with any written assignment thereof, the person then designated as being entitled thereto is entitled to receive the proceeds or payments and to give full acquittance therefor, and the payments fully discharge the insurer from all claims under the policy or contract unless, before payment is made, the insurer has received at its home office written notice by or on behalf of some other person that the other person claims to be entitled to the payment or some interest in the policy or contract.

2. This section also applies to contracts issued by organizations for dental care and nonprofit hospital, medical and dental service corporations.
Nev. Rev. Stat. § 692A.260 — NV Code / Title 57 / Chapter 692A / Section 692A.260
Records of escrow transactions and financial condition; making and filing of statement of business
Status: in_force

Each title insurer and title agent shall keep at all times in his or her principal place of business or branch office complete and suitable records of all escrow transactions made by him or her, together with books, papers and data clearly reflecting the financial condition of his or her business. Each title insurer and title agent shall, at the times required by the Commissioner, make and file with the Division a correct statement of his or her business in the form and containing the data the Commissioner may require.
Nev. Rev. Stat. § 681B.110 — NV Code / Title 57 / Chapter 681B / Section 681B.110
Valuation and calculation of reserves; acceptance of valuation by another state or jurisdiction; applicability
Status: in_force

1. The Commissioner shall, in the manner provided by NRS 681B.110 to 681B.150 , inclusive, annually value, or cause to be valued, the reserve liabilities (hereinafter called reserves) for all outstanding life insurance policies and annuity and pure endowment contracts of every life insurer doing business in this state, issued on or after January 1, 1972, and before the operative date of the Valuation Manual , except that in the case of an alien insurer, the valuation must be limited to its United States business.

2. The Commissioner may: (a) Use any method, including group methods and the net level premium method, in the calculation of the reserves. (b) Use approximate averages for fractions of a year or other period to calculate the reserves. (c) In lieu of the valuation of the reserves required of any foreign or alien company, accept any valuation made, or caused to be made, by an insurance supervisory officer of any other state or jurisdiction if the valuation by the insurance supervisory officer complies with the minimum standard required by NRS 681B.110 to 681B.150 , inclusive.

3. The provisions set forth in NRS 681B.110 to 681B.155 , inclusive, apply to all policies and contracts, as appropriate, issued on or after January 1, 1972, and before the operative date of the Valuation Manual . The provisions set forth in NRS 681B.300 , 681B.320 , 681B.360 , 681B.370 and 681B.380 do not apply to any such policies and contracts.

4. The minimum standard for the valuation of policies and contracts issued before January 1, 1972, must be that provided by the laws in effect immediately preceding that date.

5. Except as otherwise provided in NRS 681B.310 , the provisions of this section apply only to, or in connection with, policies and contracts issued on or after January 1, 1972, and before the operative date of the Valuation Manual .
Nev. Rev. Stat. § 679B.175 — NV Code / Title 57 / Chapter 679B / Section 679B.175
Bonds or other security of regulated persons: Requirements for bond; authority for substitute form of security in certain circumstances; cancellation of bond
Status: in_force

1. This section applies to every person regulated by the Commissioner or the Division for which a specific statute other than this section requires a bond for the person to qualify for a license or authorizes the person to file a bond as security to qualify for a license. This section does not require any licensee to obtain a bond unless one is otherwise required by law. The provisions of this section govern the bond and any claim against the bond to the extent the provisions of this section do not conflict with the provisions of the specific statutes which govern the license.

2. A person may provide a substitute form of security in lieu of the bond if the specific statutes which govern the license authorize the substitute form of security.

3. Except as otherwise provided in this section, the person must deposit with the Commissioner and keep in full force and effect a surety bond payable to the State of Nevada, in an amount set forth by the Commissioner in regulation. The bond must be executed by a corporate surety which is authorized to do business in this State and is satisfactory to the Commissioner. The bond must name as principal the person, and must be in substantially the following form: Know All Persons by These Presents, that ____________________, as principal, and ____________________, as surety, are held and firmly bound unto the State of Nevada for the use and benefit of any person who suffers damages because of a violation of any of the provisions of Nevada law relating to insurance, in the sum of __________, lawful money of the United States, to be paid to the State of Nevada for such use and benefit, for which payment well and truly to be made, and that we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. The condition of that obligation is such that: Whereas, the Commissioner of Insurance of the Department of Business and Industry of the State of Nevada has issued the principal a __________ (license, permit, certificate of registration, certificate of authority or other authorization) pursuant to Nevada law relating to insurance, and the principal is required to furnish a bond, which is conditioned as set forth in this bond: Now, therefore, if the principal, the principal's agents and employees, strictly, honestly and faithfully comply with the provisions of Nevada law relating to insurance, and pay all damages suffered by any person because of a violation of any of the provisions of Nevada law relating to insurance, or by reason of any fraud, dishonesty, misrepresentation or concealment of material facts growing out of any transaction governed by the provisions of Nevada law relating to insurance, then this obligation is void; otherwise it remains in full force. This bond becomes effective on the __________ (day) of __________ (month) of _____ (year), and remains in force until the surety is released from liability by the Commissioner of Insurance or until this bond is cancelled by the surety. The surety may cancel this bond and be relieved of further liability hereunder by giving written notice to the principal and to the Commissioner of Insurance of the Department of Business and Industry of the State of Nevada in accordance with Nevada law. In Witness Whereof, the seal and signature of the principal hereto is affixed, and the corporate seal and the name of the surety hereto is affixed and attested by its authorized officers at ____________________, Nevada, this ____________________(day) of ____________________(month) of __________(year). ________________________________________(Seal) Principal ________________________________________(Seal) Surety By Attorney-in-fact Nevada licensed insurance agent

4. The bond must remain in force until released by the Commissioner or cancelled by the surety. Except as otherwise provided by law, the surety may cancel the bond upon 60 days' advance written notice to the Commissioner and to the person to whom the bond relates. Cancellation of the bond does not limit liability which was incurred under the bond before the cancellation.

5. If the bond is cancelled, the license of the person to whom the bond relates is revoked by operation of law as of the date the bond is cancelled unless the person: (a) Has on file another bond which meets all applicable requirements; (b) Before the date the bond is cancelled, provides a replacement bond which meets all applicable requirements; or (c) Before the date the bond is cancelled, provides a substitute form of security which is authorized by and meets the requirements of the specific statutes which govern the license.

6. As used in this section, “ license ” means any license, permit, certificate of registration, certificate of authority or other authorization to engage in an activity relating to insurance which is issued to a person by the Commissioner or the Division.
Nev. Rev. Stat. § 682A.119 — NV Code / Title 57 / Chapter 682A / Section 682A.119
“Investment strategy” defined
Status: in_force

“ Investment strategy ” means the techniques and methods used by an insurer to meet its investment objectives, including, without limitation, active bond portfolio management, passive bond portfolio management, interest rate anticipation, growth investing and value investing.
Nev. Rev. Stat. § 681A.120 — NV Code / Title 57 / Chapter 681A / Section 681A.120
Cancellation or material changes in treaties or arrangements for reinsurance: Written notice to Commissioner by insurer required
Status: in_force

An insurer shall promptly inform the Commissioner in writing of the cancellation or any other material change in any of its treaties or arrangements for reinsurance.
Nev. Rev. Stat. § 690A.0167 — NV Code / Title 57 / Chapter 690A / Section 690A.0167
“Credit unemployment insurance” defined
Status: in_force

“ Credit unemployment insurance ” means insurance on a debtor to provide indemnity for payments or a debt becoming due on a specific loan or other credit transaction while the debtor is involuntarily unemployed as defined in the policy.
Nev. Rev. Stat. § 697.182 — NV Code / Title 57 / Chapter 697 / Section 697.182
Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license
Status: in_force

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

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

2. The Commissioner shall reinstate a bail agent's, general agent's, bail enforcement agent's or bail solicitor's license that has been suspended by a district court pursuant to NRS 425.540 if the Commissioner receives a letter issued by the district attorney or other public agency pursuant to NRS 425.550 to the person whose license was suspended stating that the person whose license was suspended has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560 .
Nev. Rev. Stat. § 683A.461 — NV Code / Title 57 / Chapter 683A / Section 683A.461
Denial, suspension or revocation of or refusal to renew license; administrative fines; authority of Commissioner after surrender or lapse of license or registration
Status: in_force

1. If the Commissioner denies an application for, or refuses to renew, a license, the Commissioner shall notify the applicant or licensee and state in writing the reason for the denial or refusal. The applicant or licensee may apply in writing, pursuant to NRS 679B.310 , for a hearing before the Commissioner to determine the reasonableness of the denial or refusal. The hearing must be held within 30 days and conducted pursuant to NRS 679B.330 . The applicant or licensee may waive the requirement to hold the hearing within 30 days, in writing, before a hearing is held.

2. The Commissioner may suspend, revoke or refuse to renew the license of a business organization if the Commissioner finds, after hearing, that a violation by a natural person was known or should have been known by one or more of the partners, officers or managers acting on behalf of the organization, the violation was not reported to the Commissioner and no corrective action was taken.

3. In addition to or in lieu of a denial, suspension or revocation of, or refusal to renew, a license, an administrative fine of not less than $25 nor more than $500 may be imposed for each violation or act. An order imposing a fine must specify the date, not less than 15 days nor more than 30 days after the date of the order, before which the fine must be paid. If the fine is not paid when due, the Commissioner shall immediately revoke the license of a licensee and the fine must be recovered in a civil action brought on behalf of the Commissioner by the Attorney General. The Commissioner shall immediately deposit all such fines collected with the State Treasurer for credit to the State General Fund.

4. The Commissioner retains the authority to enforce the provisions of, and impose any penalty or pursue any remedy authorized by, this title against any person who is under investigation for or charged with a violation of a provision of this title even if the license or registration of the person has been surrendered or has lapsed by operation of law.

5. A licensee must pay all applicable fees, including renewal fees, and maintain any required education during a period of suspension of his or her license.
Nev. Rev. Stat. § 693A.140 — NV Code / Title 57 / Chapter 693A / Section 693A.140
Dividends to stockholders
Status: in_force

1. A domestic stock insurer shall not pay any cash dividend to stockholders except out of that part of its available and accumulated surplus money otherwise unrestricted and derived from realized net operating profits and realized and unrealized capital gains.

2. A stock dividend may be paid out of any available surplus. Upon payment of such a dividend the insurer shall transfer to its paid-in capital stock accounts money equal to the aggregate of the par values of the shares so distributed.

3. A domestic stock insurer may declare and distribute a dividend otherwise prohibited by this section if: (a) Following the payment of the dividend, the insurer's surplus as regards policyholders is reasonable in relation to its outstanding liabilities and adequate to its financial needs, as determined pursuant to NRS 692C.370 ; and (b) The Commissioner approves the dividend before its payment.
Nev. Rev. Stat. § 695A.1857 — NV Code / Title 57 / Chapter 695A / Section 695A.1857
Benefit contract covering maternity care: Prohibited acts by society if insured is acting as gestational carrier; child deemed child of intended parent for purposes of benefit contract
Status: in_force

1. A society that offers or issues a benefit contract 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 benefit contract.

3. As used in this section, “ gestational carrier ” has the meaning ascribed to it in NRS 126.580 .
Nev. Rev. Stat. § 686A.470 — NV Code / Title 57 / Chapter 686A / Section 686A.470
Return of unearned premium and commission
Status: in_force

1. When an insurance policy is cancelled pursuant to NRS 686A.460 , the insurer shall return the unearned premium to the company for credit to the account of the insured. The premium must be mailed to the company: (a) Within 45 days after receipt of the notice of cancellation; or (b) Immediately following an audit performed to determine the amount of the premium. If such an audit is performed, it must be completed within 60 days after receipt of the notice of cancellation.

2. If the returned portion of the premium exceeds the insured's obligation to the company, the company shall pay the excess to the insured within 30 days after receipt, except that no refund is required if the excess is less than $1.

3. If the returned portion of the premium is less than the insured's obligation to the company, the company shall notify the insured within 15 days making a demand for payment, except that the company shall not make a demand for payment if the obligation is less than $1.

4. The company shall notify the agent who submitted the agreement of any refund paid directly to the insured pursuant to subsection 2 at the time the refund is paid. Within 15 days after receipt of this notice, the agent shall refund to the insured any unearned commissions which are owed to the insured as a result of the cancellation.

5. The company shall notify the agent who submitted the agreement of any deficiency. Within 30 days after receipt of the notice, the agent shall refund to the insured any unearned commissions which are owed to the insured as a result of the cancellation.
Nev. Rev. Stat. § 686B.1799 — NV Code / Title 57 / Chapter 686B / Section 686B.1799
Limitation on liability of insurer or rating organization acting within scope of employment
Status: in_force

No insurer or rating organization or member thereof in its capacity as a member or officer or employee of the licensed rating organization when acting within the scope of his or her employment is liable for injury or death or other damage proximately caused by a failure to inspect, or the manner or extent of inspection of, an employer's locations, plants or operations for classification, control of losses or rating, or by that person's comment or failure to comment on the subject matter or object of the inspection.
Nev. Rev. Stat. § 692C.378 — NV Code / Title 57 / Chapter 692C / Section 692C.378
Group-wide supervision of internationally active insurance groups: Determination or acknowledgment of group-wide supervisor; change of group-wide supervisor; powers of Commissioner when acting as group-wide supervisor; agreements; regulations; reimbursement of Commissioner by insurer
Status: in_force

1. The Commissioner may act as the group-wide supervisor for an internationally active insurance group in accordance with the provisions of this section. The Commissioner may acknowledge another regulatory official as the group-wide supervisor of an internationally active insurance group if the internationally active insurance group: (a) Does not have substantial insurance operations in the United States; (b) Has substantial insurance operations in the United States, but not in this State; or (c) Has substantial insurance operations in the United States and this State, but the Commissioner has determined pursuant to the factors set forth in subsections 3 and 8 that the other regulatory official is the appropriate group-wide supervisor.

2. An insurance holding company system that does not otherwise qualify as an internationally active insurance group may request that the Commissioner make a determination or acknowledgment of a group-wide supervisor pursuant to this section.

3. In cooperation with other state, federal and international regulatory agencies, the Commissioner shall identify a single group-wide supervisor for each internationally active insurance group. The Commissioner may determine that the Commissioner is the appropriate group-wide supervisor for an internationally active insurance group which conducts substantial insurance operations that are concentrated in this State. The Commissioner may acknowledge that a regulatory official from another jurisdiction is the appropriate group-wide supervisor for an internationally active insurance group. The Commissioner shall consider the following factors when making a determination or acknowledgment under this subsection: (a) The place of domicile of the insurers within the internationally active insurance group that hold the largest share of the group's written premiums, assets or liabilities; (b) The place of domicile of the top-tiered insurer or insurers in the insurance holding company system of the internationally active insurance group; (c) The location of the executive offices or largest operational offices of the internationally active insurance group; (d) Whether another regulatory official is acting or is seeking to act as the group-wide supervisor under a regulatory system that the Commissioner determines to be: (1) Substantially similar to the system of regulation provided under the laws of this State; or (2) Otherwise sufficient in terms of providing for group-wide supervision, enterprise risk analysis and cooperation with other regulatory officials; and (e) Whether another regulatory official acting or seeking to act as the group-wide supervisor provides the Commissioner with reasonably reciprocal recognition and cooperation. However, a person identified under this section as the group-wide supervisor may determine that it is appropriate to acknowledge another person to serve as the group-wide supervisor. The acknowledgment of the group-wide supervisor must be made after consideration of the factors listed in paragraphs (a) to (e), inclusive, and must be made in cooperation with and subject to the acknowledgment of other regulatory officials involved with supervision of members of the internationally active insurance group and in consultation with the internationally active insurance group.

4. Notwithstanding any other provision of law and except as otherwise provided in this subsection, when another regulatory official is acting as the group-wide supervisor of an internationally active insurance group, the Commissioner shall acknowledge that regulatory official as the group-wide supervisor. However, if a material change in the internationally active insurance group results in: (a) The internationally active insurance group's insurers domiciled in this State holding the largest share of the group's premiums, assets or liabilities; or (b) This State being the place of domicile of the top-tiered insurer or insurers in the insurance holding company system of the internationally active insurance group, the Commissioner shall make a determination or acknowledgment as to the appropriate group-wide supervisor for such an internationally active insurance group pursuant to subsection 3.

5. Pursuant to NRS 692C.410 , the Commissioner may collect from any insurer registered pursuant to NRS 692C.260 all information necessary to determine whether the Commissioner may act as the group-wide supervisor of an internationally active insurance group or if the Commissioner may acknowledge another regulatory official to act as the group-wide supervisor. Before issuing a determination that the Commissioner act as the group-wide supervisor of an internationally active insurance group, the Commissioner shall notify the insurer registered pursuant to NRS 692C.410 and the ultimate controlling person within the internationally active insurance group. The Commissioner shall allow the internationally active insurance group not less than 30 days to provide the Commissioner with additional information pertinent to the pending determination.

6. If the Commissioner is the group-wide supervisor for an internationally active insurance group, the Commissioner may: (a) Assess the enterprise risks within the internationally active insurance group to ensure that: (1) The material financial condition and liquidity risks to the members of the internationally active insurance group that are engaged in the business of insurance are identified by management; and (2) Reasonable and effective mitigation measures are in place; (b) Request, from any member of the internationally active insurance group, any information necessary and appropriate to assess enterprise risk, including, without limitation, information about the members of the internationally active insurance group relating to: (1) Governance, risk assessment and management; (2) Capital adequacy; and (3) Material intercompany transactions; (c) Coordinate and, through the authority of the regulatory officials of the jurisdictions where members of the internationally active insurance group are domiciled, compel development and implementation of reasonable measures designed to ensure that the internationally active insurance group is able to timely recognize and mitigate enterprise risks to members of the internationally active insurance group that are engaged in the business of insurance; (d) Communicate with other state, federal and international regulatory agencies for members within the internationally active insurance group and share relevant information subject to the confidentiality provisions of NRS 692C.420 , including, without limitation, through supervisory colleges as defined in NRS 692C.359 ; (e) Enter into agreements with or obtain documentation from any insurer registered under NRS 692C.410 , any member of the internationally active insurance group and any other state, federal and international regulatory agencies for members of the internationally active insurance group which provide the basis for or otherwise clarify the role of the Commissioner as group-wide supervisor, including, without limitation, provisions for resolving disputes with other regulatory officials; and (f) Engage in such other group-wide supervision activities consistent with the provisions of this subsection as considered necessary by the Commissioner.

7. Any agreement entered into or document obtained pursuant to paragraph (e) of subsection 6 must not serve as evidence in any proceeding that any insurer or person within an insurance holding company system not domiciled or incorporated in this State is doing business in this State or is otherwise subject to jurisdiction in this State.

8. If the Commissioner acknowledges that another regulatory official from a jurisdiction that is not accredited by the National Association of Insurance Commissioners is a group-wide supervisor, the Commissioner may reasonably cooperate, through supervisory colleges as defined in NRS 692C.359 or otherwise, with activities undertaken by the group-wide supervisor if: (a) The Commissioner's cooperation complies with the laws of this State; and (b) The regulatory official acknowledged as the group-wide supervisor also recognizes and cooperates with the Commissioner's activities as a group-wide supervisor for other internationally active insurance groups where applicable. If such recognition and cooperation is not reasonably reciprocal, the Commissioner may refuse recognition and cooperation.

9. The Commissioner may enter into agreements with or obtain documentation from any insurer registered under NRS 692C.410 , any affiliate of such an insurer and other state, federal and international regulatory agencies for members of an internationally active insurance group that provide the basis for or otherwise clarify a regulatory official's role as group-wide supervisor.

10. The Commissioner may adopt regulations necessary for the administration of this section.

11. A registered insurer subject to this section shall be liable for and pay the reasonable expenses of the Commissioner for the administration of this section, including the engagement of attorneys, actuaries and any other professionals and all reasonable travel expenses.
Nev. Rev. Stat. § 682A.085 — NV Code / Title 57 / Chapter 682A / Section 682A.085
“Forward” defined
Status: in_force

“ Forward ” means an agreement, other than a future, to make or take delivery of or effect a cash settlement based on the actual or expected price, level, performance or value of one or more underlying interests.
Nev. Rev. Stat. § 688C.330 — NV Code / Title 57 / Chapter 688C / Section 688C.330
Notice to insured of transfer of ownership or change of beneficiary of viaticated policy by provider of viatical settlements; response by insurer to request for such change; prohibited acts by insurer
Status: in_force

1. If a provider of viatical settlements transfers ownership or changes the beneficiary of a viaticated policy, the provider shall inform the insured of the transfer or change within 20 days after it occurs.

2. If an insurer receives a request for change of ownership or beneficiary of a viaticated policy from a provider of viatical settlements, the insurer shall respond within 30 days after receipt thereof with written confirmation that the change has been effected or specifying the reasons why the requested change could not be effected.

3. An insurer shall not unreasonably delay in effecting a requested change of ownership or beneficiary requested for a viaticated policy by a provider of viatical settlements.

4. An insurer shall not seek to interfere with a viatical settlement lawfully entered into in this State.
Nev. Rev. Stat. § 693A.130 — NV Code / Title 57 / Chapter 693A / Section 693A.130
Liability of officers and others for paying taxes, licenses and fees
Status: in_force

No director, trustee, officer or agent of any insurer shall be subject to personal liability by reason of any payment or any determination not to contest or seek recovery of any payment made subsequent to June 4, 1944, by or on behalf of such insurer on account of any tax, license, fee, deposit or other charge paid pursuant to the terms of any statute, law or ordinance of this or any other state, county, city or taxing authority, unless prior to such payment or determination such statute, law or ordinance has been expressly held invalid by the state court having final appellate jurisdiction in the premises or by the Supreme Court of the United States.
Nev. Rev. Stat. § 684A.031 — NV Code / Title 57 / Chapter 684A / Section 684A.031
“Person” defined
Status: in_force

“ Person ” means an individual or business entity.
Nev. Rev. Stat. § 695A.040 — NV Code / Title 57 / Chapter 695A / Section 695A.040
“Representative form of government” defined
Status: in_force

“ Representative form of government ” means that form of government which a society has when:

1. It has a supreme governing body which is: (a) An assembly composed of delegates elected either directly by the members of the society or at intermediate assemblies or conventions of members or their representatives, and such other delegates as prescribed in the laws of the society; or (b) A board composed of persons elected by the members of the society, either directly or by their representatives in intermediate assemblies, and such other persons as prescribed in the laws of the society.

2. If its supreme governing body is an assembly: (a) The elected delegates constitute a majority in number, have a majority of the votes and have not less than the number of votes necessary to amend the laws of the society; (b) The election of delegates is done in person or by mail, as prescribed in the laws of the society; (c) The assembly is elected and meets not less than once every 4 years; (d) A board of directors is elected by the assembly to conduct the business of the society in the interim between meetings of the assembly; and (e) Vacancies on the board of directors are filled in the manner prescribed in the laws of the society.

3. If its supreme governing body is a board: (a) The persons elected to the board constitute a majority in number, have a majority of the votes and have not less than the number of votes necessary to amend the laws of the society; (b) The election of the members of the board is done in person or by mail, as prescribed in the laws of the society; (c) The term of any member of the board does not exceed 4 years; (d) The board meets not less than quarterly to conduct the business of the society; (e) Vacancies on the board are filled in the manner prescribed in the laws of the society; and (f) A person filling the unexpired term of an elected member of the board is considered to be an elected member.

4. The officers of the society are elected either by the supreme governing body or by the board of directors.

5. Only benefit members are eligible for election to the supreme governing body, the board of directors or any intermediate assembly.

6. Each member who is entitled to vote has only one vote, and votes are not cast by proxy.
Nev. Rev. Stat. § 681A.050 — NV Code / Title 57 / Chapter 681A / Section 681A.050
“Marine and transportation” and “wet marine and transportation” insurance defined
Status: in_force

1. “Marine and transportation insurance” includes: (a) Insurance against any kinds of loss or damage to: (1) Vessels, craft, aircraft, cars, automobiles and vehicles of every kind, as well as all goods, freights, cargoes, merchandise, effects, disbursements, profits, moneys, bullion, precious stones, securities, choses in action, evidences of debt, valuable papers, bottomry and respondentia interests and all other kinds of property and interest therein, in connection with any and all risks or perils of navigation, transit or transportation, including war risks, on or under any seas or other waters, on land or in the air, or while being assembled, packed, crated, baled, compressed or similarly prepared for shipment or while awaiting the same or during any delays, storage, transshipment or reshipment incidental thereto, including marine builder's risks and all personal property floater risks; (2) Person or property in connection with a marine, inland marine, transit or transportation insurance, including liability for loss of or damage to either, arising out of or in connection with the construction, repair, operation, maintenance or use of the subject matter of such insurance (but not including life insurance or surety bonds or insurance against loss by reason of bodily injury to the person arising out of the ownership, maintenance or use of automobiles); (3) Precious stones, jewels, jewelry, gold, silver and other precious metals, whether used in business or trade or otherwise and whether the same is in the course of transportation or otherwise; and (4) Bridges, tunnels and other instrumentalities of transportation and communication (excluding buildings, their furniture and furnishings, fixed contents and supplies held in storage) unless fire, tornado, sprinkler leakage, hail, explosion, earthquake, riot or civil commotion are the only hazards to be covered; piers, wharves, docks and slips, excluding the risks of fire, tornado, sprinkler leakage, hail, explosion, earthquake, riot or civil commotion; other aids to navigation and transportation, including dry docks and marine railways, against all risks. (b) “Marine protection and indemnity insurance,” meaning insurance against, or against legal liability of the insured for, loss, damage or expense arising out of, or incidental to, the ownership, operation, chartering, maintenance, use, repair or construction of any vessel, craft or instrumentality in use in ocean or inland waterways, including liability of the insured for personal injury, illness or death or for loss of or damage to the property of another person.

2. For the purposes of this Code, “wet marine and transportation” insurance is that part of “marine and transportation” insurance which includes only: (a) Insurance upon vessels, crafts, hulls and of interests therein or with relation thereto; (b) Insurance of marine builders' risks, marine war risks and contracts of marine protection and indemnity insurance; (c) Insurance of freights and disbursements pertaining to a subject of insurance coming within this definition; and (d) Insurance of personal property and interests therein, in the course of exportation from or importation into any country, or in the course of transportation coastwise or on inland waters, including transportation by land, water or air from point of origin to final destination, in connection with any and all risks or perils of navigation, transit or transportation, and while being prepared for and while awaiting shipment, and during any delays, storage, transshipment or reshipment incident thereto.
Nev. Rev. Stat. § 688C.210 — NV Code / Title 57 / Chapter 688C / Section 688C.210
Suspension, revocation or refusal of license: Grounds; limitation on suspension period for certain grounds; application for hearing
Status: in_force

1. After notice, and after a hearing if requested, the Commissioner may suspend, revoke, refuse to issue or refuse to renew a license under this chapter if the Commissioner finds that: (a) There was material misrepresentation in the application for the license; (b) The licensee or an officer, partner, member or significant managerial employee has been convicted of fraudulent or dishonest practices, is subject to a final administrative action for disqualification, or is otherwise shown to be untrustworthy or incompetent; (c) A provider of viatical settlements has engaged in a pattern of unreasonable payments to viators; (d) The applicant or licensee has been found guilty or guilty but mentally ill of, or pleaded guilty, guilty but mentally ill or nolo contendere to, a felony or a misdemeanor involving fraud, forgery, embezzlement, obtaining money under false pretenses, larceny, extortion, conspiracy to defraud or any crime involving moral turpitude, whether or not a judgment of conviction has been entered by the court; (e) A provider of viatical settlements has entered into a viatical settlement in a form not approved pursuant to NRS 688C.220 ; (f) A provider of viatical settlements has failed to honor obligations of a viatical settlement or an agreement to purchase a viatical settlement; (g) The licensee no longer meets a requirement for initial licensure; (h) A provider of viatical settlements has assigned, transferred or pledged a viaticated policy to a person other than another provider licensed under this chapter, a purchaser of the viatical settlement or a special organization; (i) The applicant or licensee has provided materially untrue information to an insurer that issued a policy that is the subject of a viatical settlement; (j) The applicant or licensee has failed to pay a tax as required pursuant to the provisions of chapter 363A or 363C of NRS ; (k) The applicant or licensee has violated a provision of this chapter or other applicable provisions; or (l) The applicant or licensee has acted in bad faith with regard to a viator.

2. A suspension imposed for grounds set forth in paragraph (k) or (l) of subsection 1 must not exceed a period of 12 months.

3. If the Commissioner takes action as described in subsection 1, the applicant or licensee may apply in writing for a hearing before the Commissioner to determine the reasonableness of the action taken by the Commissioner, pursuant to the provisions of NRS 679B.310 to 679B.370 , inclusive.
Nev. Rev. Stat. § 695A.220 — NV Code / Title 57 / Chapter 695A / Section 695A.220
Benefits not liable to attachment, garnishment or other process
Status: in_force

No money or other benefit, charity, relief or aid to be paid, provided or rendered by any society is liable to attachment, garnishment or other process, or to be seized, taken, appropriated or applied by any legal or equitable process or operation of law to pay any debt or liability of a benefit member or beneficiary, or any other person who may have a right thereunder, either before or after payment by the society.
Nev. Rev. Stat. § 682A.125 — NV Code / Title 57 / Chapter 682A / Section 682A.125
“Letter of credit” defined
Status: in_force

“ Letter of credit ” means a clean, irrevocable and unconditional document that serves as a guaranty for payments made to a specified person under specified conditions, issued or confirmed by, and payable and presentable at, a financial institution on the list of financial institutions meeting the standards for issuing letters of credit in accordance with the Purposes and Procedures Manual of the SVO.
Nev. Rev. Stat. § 695K.100 — NV Code / Title 57 / Chapter 695K / Section 695K.100
“Rural health clinic” defined
Status: in_force

<Section effective Jan. 1, 2026.>

“Rural health clinic” has the meaning ascribed to it in 42 C.F.R. § 405.2401 .
Nev. Rev. Stat. § 689.285 — NV Code / Title 57 / Chapter 689 / Section 689.285
Prepaid contracts: Filing, approval and disapproval of forms; waiting period
Status: in_force

1. A seller shall not offer, sell or deliver in this state any prepaid contract unless the form of the contract has been filed with and approved in writing by the Commissioner.

2. The Commissioner shall disapprove any form of contract which the Commissioner finds: (a) Printed or reproduced in such a manner as to be substantially illegible in whole or in part; (b) Contains ambiguous or misleading provisions, clauses or titles; (c) Includes or combines in the prepaid contract provisions for the purchase of a cemetery plot and incidental burial services; or (d) Does not comply or is inconsistent with any applicable requirement of NRS 689.150 to 689.375 , inclusive, or for other good cause shown.

3. No amendment or modification of any form may be made unless the amendment or modification has been filed with and approved in writing by the Commissioner.

4. Each filing is subject to a waiting period of up to 30 days before it becomes effective.

5. Upon written application by the holder of a seller's certificate of authority, the Commissioner may authorize a filing which the Commissioner has reviewed to become effective before the expiration of the waiting period or any extension thereof.

6. A filing shall be deemed to meet the requirements of NRS 689.150 to 689.375 , inclusive, unless disapproved by the Commissioner within the waiting period or any extension thereof.
Nev. Rev. Stat. § 684A.260 — NV Code / Title 57 / Chapter 684A / Section 684A.260
Reinstatement of license; relicensing; limitations
Status: in_force

The Commissioner shall not reinstate the adjuster's license of or relicense any licensee or former licensee whose license has been suspended or revoked until any cause for such suspension or revocation, not being a cause continuing in character, arising after issuance of the license no longer exists, or until any fine theretofore levied on the licensee under NRS 684A.240 or 684A.250 has been fully paid.
Nev. Rev. Stat. § 679B.640 — NV Code / Title 57 / Chapter 679B / Section 679B.640
Commissioner required to investigate fraudulent claims for benefits
Status: in_force

The Commissioner, through his or her investigators, shall investigate fraudulent claims for benefits under an insurance policy.
Nev. Rev. Stat. § 679B.137 — NV Code / Title 57 / Chapter 679B / Section 679B.137
Regulations: Method and period for maintaining records of insurers
Status: in_force

The Commissioner may adopt regulations which prescribe the method for maintaining the records of insurers and the period for which the records must be maintained.
Nev. Rev. Stat. § 679B.142 — NV Code / Title 57 / Chapter 679B / Section 679B.142
Orders prohibiting insurer from transacting insurance: Commissioner required to deliver copy to Secretary of State; duties of Secretary of State upon receipt
Status: in_force

1. The Commissioner shall deliver to the Secretary of State a copy of an order of the Commissioner or of the district court prohibiting an insurer from transacting insurance in this state as a corporation, limited-liability company, limited partnership or limited-liability partnership.

2. Upon receiving the order, the Secretary of State shall nullify the charter of the corporation or limited-liability company or the certificate of the limited partnership or limited-liability partnership.

3. The Secretary of State shall not accept for filing a document with the same name as a corporation, limited-liability company, limited partnership or limited-liability partnership whose charter or certificate has been nullified.
Nev. Rev. Stat. § 687B.184 — NV Code / Title 57 / Chapter 687B / Section 687B.184
Binders: Limits of coverage, effective date and premium for policy issued as replacement
Status: in_force

1. A policy which is issued to replace a binder must include: (a) Limits of coverage which are equal to the limits stated in the binder; and (b) An effective date for the policy which is the same as the effective date of the initial binder.

2. The premium for such a policy must include the charge for the period covered by the binder and that charge must be in accordance with rates filed with the Commissioner pursuant to chapter 686B of NRS .
Nev. Rev. Stat. § 695B.1944 — NV Code / Title 57 / Chapter 695B / Section 695B.1944
Required provision in certain group contracts 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 subscriber contract for hospital, medical or dental service may be delivered or issued for delivery in this state unless it provides continuing coverage for an employee or member and 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 a 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 subscriber contract 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. § 691A.020 — NV Code / Title 57 / Chapter 691A / Section 691A.020
Insurer of certain manufactured homes or mobile homes required to offer coverage which pays replacement value in event of total loss of manufactured home or mobile home; exception
Status: in_force

1. Except as otherwise provided in subsection 3, each insurer which provides a policy for a personal line of property insurance covering a manufactured home or mobile home in Nevada that was manufactured within the immediately preceding 15 years shall offer to an insured, on a form approved by the Commissioner and in addition to any other insurance, the option of purchasing insurance to pay the replacement value of the manufactured home or mobile home in the event of a total loss of the manufactured home or mobile home, including the reasonable costs for: (a) Transporting and installing the replacement manufactured home or mobile home; and (b) Debris removal.

2. Nothing in this section requires any insurer to offer any insurance on manufactured homes or mobile homes at a premium which is not fair and adequate.

3. The provisions of this section do not apply to a policy of insurance placed on a manufactured home or a mobile home by a creditor or lender.

4. As used in this section: (a) “Manufactured home” has the meaning ascribed to it in NRS 489.113 . (b) “ Replacement value ” means the amount needed to repair, replace or rebuild a damaged or destroyed manufactured home or mobile home using new materials of similar kind and quality with no deduction for depreciation. The term does not include the value of land.
Nev. Rev. Stat. § 696A.130 — NV Code / Title 57 / Chapter 696A / Section 696A.130
Rendering of motor club service without certificate of authority prohibited
Status: in_force

A person shall not render or agree to render motor club service in this state without first procuring from the Commissioner a certificate of authority so to act.
Nev. Rev. Stat. § 696B.450 — NV Code / Title 57 / Chapter 696B / Section 696B.450
Allowance of certain claims
Status: in_force

1. No contingent and unliquidated claim shall share in a distribution of the assets of an insurer which has been adjudicated to be insolvent by an order made pursuant to this chapter, except that such claim shall be considered, if properly presented, and may be allowed to share where: (a) Such claim becomes absolute against the insurer on or before the last day for filing claims against the assets of such insurer; or (b) There is a surplus and the liquidation is thereafter conducted upon the basis that such insurer is solvent.

2. Where an insurer has been so adjudicated to be insolvent any person who has a cause of action against an insured of such insurer under a liability insurance policy issued by such insurer shall have the right to file a claim in the liquidation proceeding, regardless of the fact that such claim may be contingent, and such claim may be allowed: (a) If it may be reasonably inferred from the proof presented upon such claim that such person would be able to obtain a judgment upon such cause of action against such insured; (b) If such person furnishes suitable proof, unless the court for good cause shown otherwise directs, that no further valid claim against such insurer arising out of his or her cause of action other than those already presented can be made; and (c) If the total liability of such insurer to all claimants arising out of the same act of its insured is no greater than its maximum liability would be were it not in liquidation.

3. No judgment against such an insured taken after the date of entry of the liquidation order shall be considered in the liquidation proceedings as evidence of liability, or of the amount of damages, and no judgment against an insured taken by default, or by collusion prior to the entry of the liquidation order shall be considered as conclusive evidence in the liquidation proceedings, either of the liability of such insured to such person upon such cause of action or of the amount of damages to which such person is therein entitled.

4. No claim of any secured claimant shall be allowed at a sum greater than the difference between the value of the claim without security and the value of the security itself as of the date of the entry of the order of liquidation or such other date set by the court for determining rights and liabilities as provided in NRS 696B.400 unless the claimant surrenders his or her security to the Commissioner, in which event the claim shall be allowed in the full amount for which it is valued.
Nev. Rev. Stat. § 692C.210 — NV Code / Title 57 / Chapter 692C / Section 692C.210
Acquisition or merger: Prerequisites for approval; hearing and notice; powers and duties of Commissioner; period for infusion of capital
Status: in_force

1. Except as otherwise provided in subsections 5 and 7, the Commissioner shall approve any merger or other acquisition of control referred to in subsection 1 of NRS 692C.180 unless, after a public hearing thereon, the Commissioner finds that: (a) After the change of control, the domestic insurer specified in subsection 1 of NRS 692C.180 would not be able to satisfy the requirements for the issuance of a license to write the line or lines of insurance for which it is presently licensed; (b) The effect of the merger or other acquisition of control would be substantially to lessen competition in insurance in this state or tend to create a monopoly; (c) The financial condition of any acquiring party may jeopardize the financial stability of the insurer, or prejudice the interest of its policyholders or the interests of any remaining security holders who are unaffiliated with the acquiring party; (d) The terms of the offer, request, invitation, agreement or acquisition referred to in subsection 1 of NRS 692C.180 are unfair and unreasonable to the security holders of the insurer; (e) The plans or proposals which the acquiring party has to liquidate the insurer, sell its assets or consolidate or merge it with any person, or to make any other material change in its business or corporate structure or management, are unfair and unreasonable to policyholders of the insurer or not in the public interest; (f) The competence, experience and integrity of those persons who would control the operation of the insurer are such that it would not be in the interest of policyholders of the insurer or of the public to permit the merger or other acquisition of control; (g) If approved, the merger or acquisition of control would likely be harmful or prejudicial to the members of the public who purchase insurance; or (h) The practices of the applicant in managing claims have evidenced a pattern in which the applicant has knowingly committed, or performed with such frequency as to indicate a general business practice of: (1) Misrepresentation of pertinent facts or provisions of policies of insurance as they relate to coverages at issue; (2) Failure to affirm or deny coverage of claims within a reasonable time after written proofs of loss have been furnished; or (3) Failure to pay claims in a timely manner.

2. Except as otherwise provided in subsection 7, the public hearing specified in subsection 1 must be held within 30 days after the pre-acquisition statement required by subsection 1 of NRS 692C.180 has been filed, and at least 20 days' notice thereof must be given by the Commissioner to the person filing the statement. Not less than 7 days' notice of the public hearing must be given by the person filing the statement to the insurer and to any other person designated by the Commissioner. The insurer shall give such notice to its security holders. The Commissioner shall make a determination within 60 days after the conclusion of the hearing. If the Commissioner determines that an infusion of capital to restore capital in connection with the change in control is required, the requirement must be met within 60 days after notification is given of the determination. At the hearing, the person filing the statement, the insurer, any person to whom notice of hearing was sent and any other person whose interests may be affected thereby may present evidence, examine and cross-examine witnesses, and offer oral and written arguments and, in connection therewith, may conduct discovery proceedings in the same manner as is presently allowed in the district court of this state. All discovery proceedings must be concluded not later than 3 days before the commencement of the public hearing.

3. The Commissioner may retain at the acquiring party's expense attorneys, actuaries, accountants and other experts not otherwise a part of the staff of the Commissioner as may be reasonably necessary to assist the Commissioner in reviewing the proposed acquisition of control.

4. The period for review by the Commissioner must not exceed the 60 days allowed between the filing of the notice of intent to acquire required pursuant to subsection 5 of NRS 692C.180 and the date of the proposed acquisition if the proposed affiliation or change of control involves a financial institution, or an affiliate of a financial institution, and an insured.

5. When making a determination pursuant to paragraph (b) of subsection 1, the Commissioner: (a) Shall require the submission of the information specified in subsection 2 of NRS 692C.254 ; (b) Shall not disapprove the merger or other acquisition upon a finding that any of the factors described in subsection 6 of NRS 692C.256 exist; and (c) May condition approval of the merger or acquisition of control in the manner provided in subsection 4 of NRS 692C.258 .

6. If, in connection with a change of control of a domestic insurer, the Commissioner determines that the person who is acquiring control of the domestic insurer must maintain or restore the capital of the domestic insurer in an amount that is required by the laws and regulations of this state, the Commissioner shall make the determination not later than 60 days after the notice of intent to acquire required pursuant to subsection 5 of NRS 692C.180 is filed with the Commissioner.

7. If the proposed merger or other acquisition of control referred to in subsection 1 of NRS 692C.180 requires the approval of the commissioner of more than one state, the public hearing required pursuant to subsection 1 may, upon the request of the person who filed the pre-acquisition statement required pursuant to subsection 1 of NRS 692C.180 , be consolidated with the hearings required in other states. Not more than 5 days after receiving such a request, the Commissioner shall file with the NAIC a copy of the pre-acquisition statement that was filed with the Commissioner pursuant to subsection 1 of NRS 692C.180 by the person requesting a consolidated hearing. The Commissioner may opt out of a consolidated hearing and, if the Commissioner elects to do so, he or she shall provide notice to the person requesting the consolidated hearing not more than 10 days after receiving the pre-acquisition statement filed pursuant to subsection 1 of NRS 692C.180 . A consolidated hearing must be public and must be held within the United States before participating commissioners of the states in which the insurers are domiciled. Participating commissioners may hear and receive evidence at the hearing.
Nev. Rev. Stat. § 695G.155 — NV Code / Title 57 / Chapter 695G / Section 695G.155
Managed care organization required to offer and issue plan regardless of health status of persons; prohibited acts; authority to include wellness program in plan that offers discounts based on health status under certain circumstances
Status: in_force

1. A managed care organization shall offer and issue a health benefit plan to any person regardless of the health status of the person or any dependent of the person. Such health status includes, without limitation: (a) Any preexisting medical condition of the person, including, without limitation, any physical or mental illness; (b) The claims history of the person, including, without limitation, any prior health care services received by the person; (c) Genetic information relating to the person; and (d) Any increased risk for illness, injury or any other medical condition of the person, including, without limitation, any medical condition caused by an act of domestic violence.

2. A managed care organization that offers or issues a health benefit plan shall not: (a) Deny, limit or exclude a covered benefit based on the health status of an insured; or (b) Require an insured, as a condition of enrollment or renewal, to pay a premium, deductible, copay or coinsurance based on his or her health status which is greater than the premium, deductible, copay or coinsurance charged to a similarly situated insured who does not have such a health status.

3. A managed care organization that offers or issues a health benefit plan shall not adjust a premium, deductible, copay or coinsurance for any insured on the basis of genetic information relating to the insured or the covered dependent of the insured.

4. A managed care organization that offers or issues a health benefit plan may include in the plan a wellness program that reduces a premium, deductible or copayment based on health status if: (a) An insured who is eligible to participate in the wellness program is given the opportunity to qualify for the discount at least once each year; (b) The amount of all discounts provided pursuant to such a wellness program does not exceed 30 percent, or if the program is designed to prevent or reduce tobacco use, 50 percent, of the cost of coverage for an insured or an insured and his or her dependents, as applicable, under the plan; (c) The wellness program is reasonably designed to promote health or prevent disease; (d) The managed care organization ensures that the full discount under the wellness program is available to all similarly situated insureds by providing a reasonable alternative standard by which an insured may qualify for the discount which, if based on health status, must accommodate the recommendations of the physician of the insured; and (e) The plan discloses in all plan materials describing the terms of the wellness program, and in any disclosure that an insured did not satisfy the initial standard to be eligible for the discount, the availability of a reasonable alternative standard described in paragraph (d).

5. As used in this section, “health benefit plan” has the meaning ascribed to it in NRS 687B.470 .
Nev. Rev. Stat. § 682A.516 — NV Code / Title 57 / Chapter 682A / Section 682A.516
Canadian investments
Status: in_force

1. An insurer shall not acquire, directly or indirectly through an investment subsidiary, any Canadian investments authorized by the provisions of this chapter if, as a result of and after giving effect to the investment, the aggregate amount of these investments held by the insurer would exceed 40 percent of its admitted assets, or if the aggregate amount of Canadian investments not acquired in accordance with paragraph (c) or (d) of subsection 1 of NRS 682A.518 held by the insurer would exceed 25 percent of its admitted assets.

2. As to an insurer that is authorized to do business in Canada or that has outstanding insurance, annuity or reinsurance contracts on lives or risks resident or located in Canada and denominated in Canadian currency, the limitations in subsection 1 must be increased by the greater of: (a) The amount the insurer is required by Canadian law to invest in Canada or to be denominated in Canadian currency; or (b) One hundred twenty-five percent of the amount of its reserves and other obligations under contracts on risks resident or located in Canada.
Nev. Rev. Stat. § 679A.200 — NV Code / Title 57 / Chapter 679A / Section 679A.200
Prohibiting fee to include provider of health care on panel of providers; penalty; award of costs and attorney's fees
Status: in_force

1. If an organization establishes a panel of providers of health care and makes the panel available for use by an insurer when offering health care services pursuant to chapter 689A, 689B, 689C, 695A, 695B or 695C of NRS , the organization shall not charge the insurer or a provider of health care: (a) A fee to include the name of the provider on the panel of providers of health care; or (b) Any other fee related to establishing a provider of health care as a provider for the organization.

2. If an organization violates the provisions of subsection 1, the organization shall pay to the insurer or provider of health care, as appropriate, an amount that is equal to twice the fee charged to the insurer or provider of health care.

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

4. In addition to any relief granted pursuant to this section, if an organization violates the provisions of subsection 1, and if an insurer offering health care services pursuant to chapter 689A, 689B, 689C, 695A, 695B or 695C of NRS has a contract with or otherwise uses the services of the organization, the Division shall require the insurer to suspend its performance under the contract or discontinue using those services until the organization, as determined by the Division: (a) Complies with the provisions of subsection 1; and (b) Refunds to all providers of health care any fees obtained by the organization in violation of subsection 1.
Nev. Rev. Stat. § 689A.600 — NV Code / Title 57 / Chapter 689A / Section 689A.600
“Provision for a restricted network” defined
Status: in_force

“ Provision for a restricted network ” means any provision of a health benefit plan that conditions the payment of benefits, in whole or in part, on the use of a provider of health care that has entered into a contractual arrangement with an individual carrier to provide health care services to individuals covered by the plan.
Nev. Rev. Stat. § 686B.1757 — NV Code / Title 57 / Chapter 686B / Section 686B.1757
“Industrial insurance” defined
Status: in_force

“ Industrial insurance ” means insurance which provides the compensation required by chapters 616A to 617, inclusive, of NRS and employer's liability insurance provided in connection with that insurance.
Nev. Rev. Stat. § 689.540 — NV Code / Title 57 / Chapter 689 / Section 689.540
Prepaid contracts: Content; entire agreement; rescission
Status: in_force

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

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

3. If the buyer, pursuant to the provision required by paragraph (h) of subsection 1, returns the contract to the seller at the branch or home office of the seller or to the agent through whom it was purchased, the contract is void from the beginning and the parties return to the same position they occupied before the contract was entered into.
Nev. Rev. Stat. § 695I.010 — NV Code / Title 57 / Chapter 695I / Section 695I.010
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 695I.020 to 695I.110 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 696B.300 — NV Code / Title 57 / Chapter 696B / Section 696B.300
Conduct of delinquency proceedings against foreign insurers
Status: in_force

1. Whenever under this chapter an ancillary receiver is to be appointed in delinquency proceedings for an insurer not domiciled in this State, the court shall appoint the Commissioner as ancillary receiver. The Commissioner shall file a petition requesting the appointment on the grounds set forth in NRS 696B.230 or 696B.240 : (a) If the Commissioner finds that there are sufficient assets of the insurer located in this State to justify the appointment of an ancillary receiver; or (b) If 10 or more persons resident in this State having claims against such insurer file a petition with the Commissioner requesting the appointment of such ancillary receiver.

2. The domiciliary receiver for the purpose of liquidating an insurer domiciled in a reciprocal state 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 located in this State, and the domiciliary receiver shall have the immediate right to recover balances due from local agents and to obtain possession of any books and records of the insurer found in this State. The domiciliary receiver shall also be entitled to recover the other assets of the insurer located in this State, except that upon the appointment of an ancillary receiver in this State, the ancillary receiver shall during the ancillary receivership proceedings have the sole right to recover such other assets. The ancillary receiver shall, as soon as practicable, liquidate from their respective securities those special deposit claims and secured claims which are proved and allowed in the ancillary proceedings in this State, and shall pay the necessary expenses of the proceedings. All remaining assets the ancillary receiver shall promptly transfer to the domiciliary receiver. Subject to the provisions of this section, the ancillary receiver and the deputies of the ancillary receiver shall have the same powers and be subject to the same duties with respect to the administration of such assets as a receiver of an insurer domiciled in this State.

3. The domiciliary receiver of an insurer domiciled in a reciprocal state may sue in this State to recover any assets of such insurer to which the domiciliary receiver may be entitled under the laws of this State.
Nev. Rev. Stat. § 682A.055 — NV Code / Title 57 / Chapter 682A / Section 682A.055
“Credit tenant loan” defined
Status: in_force

“ Credit tenant loan ” means a mortgage loan which is made primarily in reliance on the credit standing of a major tenant, structured with an assignment of the rental payments to the lender with real estate pledged as collateral in the form of a first position lien.
Nev. Rev. Stat. § 685A.035 — NV Code / Title 57 / Chapter 685A / Section 685A.035
“Independently procured insurance” defined
Status: in_force

“ Independently procured insurance ” means insurance procured directly by an insured from a nonadmitted insurer.
Nev. Rev. Stat. § 693B.060 — NV Code / Title 57 / Chapter 693B / Section 693B.060
Emergency board of directors: Powers
Status: in_force

The powers of an emergency board of directors shall include, but shall not be limited to, the following:

1. At any meeting to elect such acting directors as it may deem necessary, without regard to the number of directors which would otherwise be required, to serve in any positions on such board which are vacant or in place of any directors or acting directors who are absent from such meeting, but not to elect any director on a permanent basis.

2. To elect such acting officers as it may deem necessary, without regard to the number of officers which would otherwise be required, to serve in any offices which are vacant or in place of any officers or acting officers who fail to appear and assume their duties, to fix the compensation and determine the powers and duties of acting officers and to remove acting officers, but not to remove any officer or fill any vacancy on a permanent basis or to cause the organization to enter into any contract of employment for a term of over 1 year.

3. To cause the organization to change the location of its principal office, pursuant to NRS 693B.030 , or any of its places of business, and to authorize such action as it may deem appropriate to acquire space and facilities at the new locations, but not to acquire for use as its principal office property in fee or for a term of over 1 year.

4. To postpone any meeting of the stockholders, policyholders, members or directors of such organization if, in the judgment of the members of such emergency board of directors, it would be impracticable to hold such meeting at the time it would otherwise have been held or conducted.

5. If it appears to an emergency board of directors that a quorum of the board cannot be assembled within a reasonable time, to call a meeting of the stockholders, policyholders or members of the organization to be held as soon as the circumstances may reasonably permit, at a place to be designated by the emergency board of directors within this state or a contiguous state, for the purpose of electing directors to fill vacancies on the board, but for no other purpose, and to propose nominees for such election. Any such meeting of stockholders, policyholders or members shall be held upon notice given in accordance with the charter of the organization and applicable law other than this chapter.
Nev. Rev. Stat. § 696A.270 — NV Code / Title 57 / Chapter 696A / Section 696A.270
License: Conditions for issuance and renewal
Status: in_force

For the protection of the people of this state, the Commissioner shall not:

1. Issue or renew any club agent's license except in compliance with this chapter.

2. Issue or renew any club agent's license to, or to be exercised by, any person found by the Commissioner to be untrustworthy or incompetent, or who has not established to the satisfaction of the Commissioner that the person is qualified therefor in accordance with this chapter.
Nev. Rev. Stat. § 679B.160 — NV Code / Title 57 / Chapter 679B / Section 679B.160
Advisory councils and committees
Status: in_force

1. The Commissioner may create advisory councils and committees to assist the Commissioner in dealing with regulatory problems. The Commissioner may appoint members and may provide by rule for the creation, governance, duties and termination of any council or committee the Commissioner establishes.

2. The Commissioner may create at least one advisory council to represent the consumer interest in insurance, to be made up of members with no substantial interest in any aspect of the insurance industry, except as insureds.
Nev. Rev. Stat. § 694A.040 — NV Code / Title 57 / Chapter 694A / Section 694A.040
Unlawful sales of equity securities
Status: in_force

It is unlawful for any such beneficial owner, director or officer, directly or indirectly, to sell any equity security of such insurer if the person selling the security or the principal of the person:

1. Does not own the security sold; or

2. If the owner of the security, does not deliver it against such sale within 20 days thereafter, or does not within 5 days after such sale deposit it in the mails or other usual channels of transportation,

but no person shall be deemed to have violated this section if he or she proves that notwithstanding the exercise of good faith he or she was unable to make such delivery or deposit within such time, or that to do so would cause undue inconvenience or expense.
Nev. Rev. Stat. § 695C.204 — NV Code / Title 57 / Chapter 695C / Section 695C.204
Health maintenance organization prohibited from discriminating against person with respect to participation or coverage on basis of gender identity or expression
Status: in_force

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

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

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

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

4. Denying, cancelling or limiting participation or coverage on the basis of actual or perceived gender identity or expression, including, without limitation, by limiting or denying coverage for health care services that are: (a) Related to gender transition, provided that there is coverage under the plan for the services when the services are not related to gender transition; or (b) Ordinarily or exclusively available to persons of any sex.
Nev. Rev. Stat. § 682A.446 — NV Code / Title 57 / Chapter 682A / Section 682A.446
Additional foreign investment and foreign currency allowance for insurers not authorized to do business in foreign jurisdiction but holding foreign contracts
Status: in_force

In addition to investments allowed under NRS 682A.440 and 682A.442 , an insurer that is not authorized to do business in a foreign jurisdiction, but which has outstanding insurance, annuity or reinsurance contracts on lives or risks resident or located in that foreign jurisdiction and denominated in foreign currency of that jurisdiction, may acquire foreign investments respecting that foreign jurisdiction, and may acquire investments denominated in the currency of that jurisdiction subject to the limitations of NRS 682A.402 , 682A.404 and 682A.406 . Investments made in accordance with this section in obligations of foreign governments, their political subdivisions and government-sponsored enterprises are not subject to the limitations of NRS 682A.402 , 682A.404 and 682A.406 if those investments carry an SVO rating of 1 or 2. The aggregate amount of investments acquired by the insurer in accordance with this section must not exceed 105 percent of the amount of the insurer's reserves, net of reinsurance, and other obligations under the contracts on lives or risks resident or located in the foreign jurisdiction.
Nev. Rev. Stat. § 682B.010 — NV Code / Title 57 / Chapter 682B / Section 682B.010
Authorized deposits
Status: in_force

The following deposits of insurers when made through the Commissioner must be accepted and held by the Commissioner in trust, subject to the provisions of NRS 682B.010 to 682B.120 , inclusive:

1. Deposits required under this Code for authority to transact insurance in this state.

2. Deposits of domestic insurers when made pursuant to the laws of other states, provinces and countries as a requirement for authority to transact insurance in such state, province or country.

3. Deposits in such additional amounts as are permitted to be made under NRS 682B.080 .
Nev. Rev. Stat. § 681A.290 — NV Code / Title 57 / Chapter 681A / Section 681A.290
“Cede” defined
Status: in_force

“Cede” means to pass on to another insurer, who is designated the reinsurer, all or part of the insurance written by an insurer with the object of reducing the possible liability of the ceding insurer.
Nev. Rev. Stat. § 691C.440 — NV Code / Title 57 / Chapter 691C / Section 691C.440
Administrative fines; revocation, suspension or limitation of license or certificate of authority
Status: in_force

In addition to any other penalty provided by law, a person who violates a provision of this chapter or a final order of or a regulation adopted by the Commissioner pursuant to this chapter, after notice and a hearing, upon order of the Commissioner is subject to:

1. The imposition of an administrative fine not to exceed $5,000 per violation, or $10,000 per violation if the Commissioner determines that the violation was willful; and

2. Revocation, suspension or limitation of the license or certificate of authority held by the person.
Nev. Rev. Stat. § 679B.305 — NV Code / Title 57 / Chapter 679B / Section 679B.305
Creation; use; assessment of fee to maintain balance; regulations; limit of liability
Status: in_force

1. There is hereby created the Insurance Recovery Account in the Fund for Insurance Administration and Enforcement created by NRS 680C.100 .

2. A balance of not less than $40,000 must be maintained in the Account to be used for satisfying claims against persons licensed pursuant to chapters 683A, 684A, 685A and 692A of NRS. Except as otherwise provided in this subsection, if the balance in the Account is less than $40,000 at the end of a fiscal year, the Commissioner may, during the next fiscal year, assess a fee of not more than $10 on each person licensed pursuant to chapter 683A, 684A, 685A or 692A of NRS . The Commissioner shall deposit such fees into the Insurance Recovery Account. The Commissioner shall not assess a fee pursuant to this subsection in consecutive fiscal years.

3. The Commissioner shall adopt reasonable regulations for: (a) The administration of the Account, including the manner, time, procedure and grounds for recovery against the Account; and (b) The assessment of a fee pursuant to subsection 2.

4. The limit of liability of the Insurance Recovery Account is $5,000 per fiscal year for any one licensee.
Nev. Rev. Stat. § 682A.179 — NV Code / Title 57 / Chapter 682A / Section 682A.179
“Real estate” defined
Status: in_force

1. “ Real estate ” means: (a) Real property; (b) Interests in real property, including, without limitation, leaseholds, minerals and oil and gas that have not been separated from the underlying fee interest; (c) Improvements and fixtures located on or in real property; and (d) The seller's equity in a contract providing for a deed of real estate.

2. As to a mortgage on real estate, the term includes the leasehold estate only if it has an unexpired term, including, without limitation, renewal options exercisable at the option of the lessee, extending beyond the scheduled maturity date of the obligation that is secured by a mortgage on the leasehold estate for the greater of: (a) A period equal to at least 20 percent of the original term of the obligation; or (b) Ten years.
Nev. Rev. Stat. § 695G.055 — NV Code / Title 57 / Chapter 695G / Section 695G.055
“Medically necessary” defined
Status: in_force

“ Medically necessary ” means health care services or products that a prudent physician would provide to a patient to prevent, diagnose or treat an illness, injury or disease, or any symptoms thereof, that are necessary and:

1. Provided in accordance with generally accepted standards of medical practice;

2. Clinically appropriate with regard to type, frequency, extent, location and duration;

3. Not primarily provided for the convenience of the patient, physician or other provider of health care;

4. Required to improve a specific health condition of an insured or to preserve the existing state of health of the insured; and

5. The most clinically appropriate level of health care that may be safely provided to the insured.
Nev. Rev. Stat. § 695C.1773 — NV Code / Title 57 / Chapter 695C / Section 695C.1773
Reimbursement for treatment by licensed marriage and family therapist or licensed clinical professional counselor
Status: in_force

If any evidence of coverage provides coverage for treatment of an illness which is within the authorized scope of practice of a licensed marriage and family therapist or licensed clinical professional counselor, the insured is entitled to reimbursement for treatment by a marriage and family therapist or clinical professional counselor who is licensed pursuant to chapter 641A of NRS .
Nev. Rev. Stat. § 681B.155 — NV Code / Title 57 / Chapter 681B / Section 681B.155
Regulations regarding standards for valuation for health insurance contracts; applicability
Status: in_force

1. For health insurance contracts of any kind issued on or after January 1, 1972, and before the operative date of the Valuation Manual , by health insurers, corporations for hospital, medical and dental service, health maintenance organizations and plans for dental care, the minimum standard of valuation is the standard adopted by the Commissioner by regulation.

2. The minimum standard for the valuation of policies and contracts issued before January 1, 1972, must be that provided by the laws in effect immediately preceding that date.

3. Except as otherwise provided in NRS 681B.310 , the provisions of this section apply only before the operative date of the Valuation Manual .
Nev. Rev. Stat. § 689C.570 — NV Code / Title 57 / Chapter 689C / Section 689C.570
Organizer prohibited from acquiring financial interest in group's business for specified period
Status: in_force

No person who organizes a voluntary purchasing group may acquire or attempt to acquire a financial interest in the group's business for a period of 3 years after organization of the group.
Nev. Rev. Stat. § 695E.220 — NV Code / Title 57 / Chapter 695E / Section 695E.220
Annual notice of intent to continue doing business in Nevada
Status: in_force

On or before March 1 of each year, a purchasing group and a risk retention group shall submit to the Commissioner a written notice of its intention to continue doing business in Nevada.
Nev. Rev. Stat. § 680B.033 — NV Code / Title 57 / Chapter 680B / Section 680B.033
General tax on premiums: Computation of tax for factory mutuals
Status: in_force

Factory mutuals shall pay the tax imposed by NRS 680B.027 on all gross premiums upon policies on risks located in this state in force on December 31 next preceding, after deducting from the gross direct premiums dividends written and returns to policyholders computed at the average rate on annual policies expiring during the preceding year, whether actually paid or applied in part payment of any renewal premiums.
Nev. Rev. Stat. § 683A.0851 — NV Code / Title 57 / Chapter 683A / Section 683A.0851
Health maintenance organization authorized to act as administrator of program of health insurance; approval or disapproval of contract by Commissioner; exemption from licensing and bonding
Status: in_force

1. A health maintenance organization licensed under chapter 695C of NRS may enter into a contract to act as an administrator of a program of health insurance.

2. Before entering into a contract pursuant to subsection 1, a health maintenance organization must file a copy of the contract with the Commissioner for approval. The Commissioner shall disapprove the contract if in his or her opinion it would have a substantial adverse effect on the financial soundness of the health maintenance organization and endanger its ability to meet its obligations. The Commissioner shall approve or disapprove the contract within 60 days after the filing.

3. A health maintenance organization that enters into a contract pursuant to this section is exempt from the provisions of this chapter relating to licensing and bonding of administrators, but is subject to all other provisions of this chapter.
Nev. Rev. Stat. § 681A.140 — NV Code / Title 57 / Chapter 681A / Section 681A.140
“Qualified financial institution in the United States” defined
Status: in_force

As used in NRS 681A.140 to 681A.240 , inclusive, “ qualified financial institution in the United States ” means an institution that:

1. Is organized, or in the case of a branch or agency of a foreign banking organization in the United States licensed, under the laws of the United States or any state thereof and has been granted authority to operate with fiduciary powers;

2. Is regulated, supervised and examined by federal or state authorities having regulatory authority over banks and trust companies;

3. Is determined: (a) By the Commissioner to meet the standards of financial condition and standing prescribed by the Commissioner; or (b) By the National Association of Insurance Commissioners to meet the standards of financial condition and standing prescribed by the National Association of Insurance Commissioners; and

4. Is determined by the Commissioner to be otherwise acceptable.
Nev. Rev. Stat. § 695I.310 — NV Code / Title 57 / Chapter 695I / Section 695I.310
Terms of office; reappointment; removal; vacancy; expiration of term
Status: in_force

1. After the initial terms, the term of each voting member of the Board is 3 years.

2. A voting member of the Board may be reappointed to the Board.

3. The appointing authority who appoints a voting member of the Board may remove that voting member if the voting member neglects his or her duty or commits misfeasance, malfeasance or nonfeasance in office.

4. A vacancy on the Board in the position of a voting member must be filled in the same manner as the original appointment.

5. Upon the expiration of his or her term of office, a voting member of the Board may continue to serve until he or she is reappointed or a person is appointed as a successor.
Nev. Rev. Stat. § 682A.350 — NV Code / Title 57 / Chapter 682A / Section 682A.350
Order by Commissioner to alter investment practice
Status: in_force

Notwithstanding the provisions of this chapter, the Commissioner, for good cause, may, in accordance with the provisions of chapter 233B of NRS , order an insurer to nonadmit, limit, dispose of, withdraw from or discontinue an investment or investment practice. The authority of the Commissioner pursuant to this section is in addition to any other authority of the Commissioner.
Nev. Rev. Stat. § 689.105 — NV Code / Title 57 / Chapter 689 / Section 689.105
“Purchase price” defined
Status: in_force

“ Purchase price ” means the aggregate amount to be paid by a buyer to a seller for a prepaid contract.
Nev. Rev. Stat. § 688C.010 — NV Code / Title 57 / Chapter 688C / Section 688C.010
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 688C.020 to 688C.150 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 689C.1653 — NV Code / Title 57 / Chapter 689C / Section 689C.1653
Coverage for testing, treatment and prevention of sexually transmitted diseases required; coverage for condoms for certain insureds required
Status: in_force

1. A carrier that offers or issues a health benefit plan shall include in the plan: (a) Coverage of testing for and the treatment and prevention of sexually transmitted diseases, including, without limitation, Chlamydia trachomatis , gonorrhea, syphilis, human immunodeficiency virus and hepatitis B and C, for all insureds, regardless of age. Such coverage must include, without limitation, the coverage required by NRS 689C.1671 and 689C.1675 . (b) Unrestricted coverage of condoms for insureds who are 13 years of age or older.

2. A health benefit plan subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 2024, has the legal effect of including the coverage required by subsection 1, and any provision of the plan that conflicts with the provisions of this section is void.
Nev. Rev. Stat. § 689B.520 — NV Code / Title 57 / Chapter 689B / Section 689B.520
Group plan or coverage covering maternity care and pediatric care: Required to allow minimum stay in hospital in connection with childbirth; exception; prohibited acts
Status: in_force

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

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

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

4. Nothing in this section: (a) Prohibits a group health plan or carrier from imposing a deductible, coinsurance or other mechanism for sharing costs relating to benefits for hospital stays in connection with childbirth for a pregnant or postpartum individual or newborn child covered by the plan, except that such coinsurance or other mechanism for sharing costs for any portion of a hospital stay required by this section may not be greater than the coinsurance or other mechanism for any preceding portion of that stay. (b) Prohibits an arrangement for payment between a group health plan or carrier and a provider of health care that uses capitation or other financial incentives, if the arrangement is designed to provide services efficiently and consistently in the best interest of the pregnant or postpartum individual and the newborn infant. (c) Prevents a group health plan or carrier from negotiating with a provider of health care concerning the level and type of reimbursement to be provided in accordance with this section.
Nev. Rev. Stat. § 683A.281 — NV Code / Title 57 / Chapter 683A / Section 683A.281
Nonresident licensees: Service of process; agreement to appear
Status: in_force

1. Every nonresident licensed by this state as a producer of insurance shall appoint the Commissioner in writing as his or her attorney upon whom may be served all legal process issued in connection with any action or proceeding brought or pending in this state against or involving the licensee and relating to transactions under his or her Nevada license. The appointment is irrevocable and continues in force for so long as any such action or proceeding may arise or exist. Service of process against a nonresident producer for whom the Commissioner is attorney in fact must be made in accordance with NRS 680A.260 .

2. Every such licensee shall likewise file with the Commissioner his or her written agreement to appear before the Commissioner pursuant to notice of hearing, show cause order or subpoena issued by the Commissioner and served upon the licensee at his or her address last of record in the Division, and that upon failure of the licensee so to appear the licensee thereby consents to any subsequent suspension, revocation or refusal of the Commissioner to continue the licensee's license.
Nev. Rev. Stat. § 695B.1975 — NV Code / Title 57 / Chapter 695B / Section 695B.1975
Reimbursement for treatment by licensed associate in social work, social worker, master social worker, independent social worker or clinical social worker
Status: in_force

If any contract for hospital or medical service provides coverage for treatment of an illness which is within the authorized scope of the practice of a licensed associate in social work, social worker, master social worker, independent social worker or clinical social worker, the insured is entitled to reimbursement for treatment by an associate in social work, social worker, master social worker, independent social worker or clinical social worker who is licensed pursuant to chapter 641B of NRS .
Nev. Rev. Stat. § 689C.115 — NV Code / Title 57 / Chapter 689C / Section 689C.115
Mandatory and optional coverage
Status: in_force

1. A health benefit plan offered by a carrier pursuant to this chapter must include coverage of basic medical and hospital care.

2. In addition to the coverage required by subsection 1, a carrier may offer additional coverage for an additional cost upon the approval of the Commissioner.
Nev. Rev. Stat. § 682B.060 — NV Code / Title 57 / Chapter 682B / Section 682B.060
Assignment, transfer and conveyance of assets; release
Status: in_force

1. Except as provided in NRS 682B.055 , an insurer shall assign to the Commissioner and the successors in office of the Commissioner in trust all securities being deposited with or through the Commissioner under NRS 682B.010 to 682B.120 , inclusive, which are not negotiable by delivery. In lieu of such an assignment, the insurer may give the Commissioner an irrevocable power of attorney authorizing the Commissioner to transfer the securities or any part thereof for any purpose within the scope of NRS 682B.010 to 682B.120 , inclusive.

2. In the case of securities or assets held under custodial arrangements pursuant to NRS 682B.050 , the custodian's receipt therefor must be delivered to the Commissioner in trust, if negotiable, or assigned to the Commissioner so that legal title to such securities or assets is vested in the Commissioner and the successors in office of the Commissioner.

3. The insurer shall convey to the Commissioner and the successors in office of the Commissioner in trust any real property being deposited under this Code.

4. Upon release to the insurer, or other person entitled thereto, of any security or asset, the Commissioner shall reassign or transfer or reconvey it to the insurer or person. In the case of power of attorney given pursuant to subsection 1, the Commissioner shall deliver the power of attorney, together with the securities covered thereby, to the insurer or person entitled thereto.
Nev. Rev. Stat. § 695A.157 — NV Code / Title 57 / Chapter 695A / Section 695A.157
Society required to authorize enrollment of child of parent who is required by order to provide medical coverage under certain circumstances; termination of coverage of child
Status: in_force

If a parent is required by an order for medical coverage to provide coverage under a certificate for health benefits for a child and the parent is eligible for coverage of members of the parent’s family under a certificate for health benefits, the society that issued the certificate:

1. Shall, if the child is otherwise eligible for that coverage, allow the parent to enroll the child in that coverage without regard to any restrictions upon periods for enrollment.

2. Shall, if: (a) The child is otherwise eligible for that coverage; and (b) The parent is enrolled in that coverage but fails to apply for enrollment of the child, enroll the child in that coverage upon application by the other parent of the child, or by an agency of this or another state responsible for the administration of Medicaid or a state program for the enforcement of child support established pursuant to 42 U.S.C. §§ 651 et seq., without regard to any restrictions upon periods for enrollment.

3. Shall not terminate the enrollment of the child in that coverage or otherwise eliminate that coverage of the child unless the society has written proof that: (a) The order for medical coverage is no longer in effect; or (b) The child is or will be enrolled in comparable coverage through another insurer on or before the effective date of the termination of enrollment or elimination of coverage.
Nev. Rev. Stat. § 692C.010 — NV Code / Title 57 / Chapter 692C / Section 692C.010
Short title
Status: in_force

This chapter may be cited as the Insurance Holding Company Law.
Nev. Rev. Stat. § 689B.310 — NV Code / Title 57 / Chapter 689B / Section 689B.310
Insurer prohibited from asserting certain grounds to deny enrollment of child of insured pursuant to order
Status: in_force

An insurer shall not deny the enrollment of a child pursuant to an order for medical coverage under a group health policy pursuant to which a parent of the child is insured, on the ground that the child:

1. Was born out of wedlock;

2. Has not been claimed as a dependent on the parent's federal income tax return; or

3. Does not reside with the parent or within the insurer's geographic area of service.
Nev. Rev. Stat. § 689C.600 — NV Code / Title 57 / Chapter 689C / Section 689C.600
Regulations
Status: in_force

The Commissioner shall adopt such regulations as are needed to carry out the requirements of NRS 689C.490 to 689C.600 , inclusive.
Nev. Rev. Stat. § 685A.0315 — NV Code / Title 57 / Chapter 685A / Section 685A.0315
“Domestic surplus lines insurer” defined
Status: in_force

“ Domestic surplus lines insurer ” means an insurer which is authorized by the Commissioner to accept surplus lines insurance pursuant to NRS 685A.072 .
Nev. Rev. Stat. § 689.262 — NV Code / Title 57 / Chapter 689 / Section 689.262
Suspension of agent's license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of agent's license
Status: in_force

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

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

2. The Commissioner shall reinstate an agent's license issued pursuant to this chapter that has been suspended by a district court pursuant to NRS 425.540 if the Commissioner receives a letter issued by the district attorney or other public agency pursuant to NRS 425.550 to the person whose license was suspended stating that the person whose license was suspended has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560 .
Nev. Rev. Stat. § 681A.2155 — NV Code / Title 57 / Chapter 681A / Section 681A.2155
Order for assuming insurer to post security during rehabilitation, liquidation or conservation
Status: in_force

If subject to a legal process of rehabilitation, liquidation or conservation, as applicable, the ceding insurer, or its representative, may seek and, if determined appropriate by the court in which the proceedings are pending, may obtain an order requiring that the assuming insurer post security for all outstanding ceded liabilities.
Nev. Rev. Stat. § 689C.143 — NV Code / Title 57 / Chapter 689C / Section 689C.143
Offering of policy of health insurance for purposes of establishing health savings account
Status: in_force

A carrier 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. § 690C.110 — NV Code / Title 57 / Chapter 690C / Section 690C.110
General tax on premiums not applicable
Status: in_force

The tax imposed pursuant to NRS 680B.027 does not apply to any business transacted pursuant to the provisions of this chapter.
Nev. Rev. Stat. § 681A.100 — NV Code / Title 57 / Chapter 681A / Section 681A.100
Amount of risk that insurer may retain; method for determining risk; applicability
Status: in_force

1. Except as otherwise provided for domestic mutual insurers in NRS 692B.200 , an insurer shall not retain any risk on any one subject of insurance, whether located or to be performed in this state or elsewhere, in an amount exceeding 10 percent of its surplus to policyholders.

2. A “subject of insurance” for the purposes of this section, as to insurance against fire and hazard other than windstorm, earthquake and other catastrophic hazards, includes all properties insured by the same insurer which are customarily considered by underwriters to be subject to loss or damage from the same fire or the same occurrence of any other hazard insured against.

3. Reinsurance ceded as authorized by NRS 681A.110 must be deducted in determining the risk retained, except that as to surety risks, reinsurance must be allowed as a deduction only if the reinsurance is with an insurer authorized to transact that insurance in this state, and is in such form as to enable the obligee or beneficiary to maintain an action thereon against the reinsured jointly with the reinsurer, and upon recovering judgment against the reinsured, to have recovery against the reinsurer for payment to the extent to which it may be liable under the reinsurance and in discharge thereof. As to surety risks, deduction must also be made of the amount assumed by any authorized cosurety and the value of any security deposited, pledged or held subject to the surety's consent and for the surety's protection.

4. As to alien insurers, this section relates only to risks and surplus to policyholders of the insurer's branch in the United States.

5. “Surplus to policyholders” for the purposes of this section, in addition to the insurer's capital and surplus, includes any voluntary reserves which are not required pursuant to law, and must be determined from the last sworn statement of the insurer on file with the Commissioner, or by the last report of examination of the insurer, whichever is the more recent at time of assumption of risk.

6. This section does not apply to life or health insurance, annuities, title insurance, insurance of wet marine and transportation risks, workers’ compensation insurance, financial guaranty insurance, or to any policy or type of coverage as to which the maximum possible loss to the insurer is not readily ascertainable on issuance of the policy.
Nev. Rev. Stat. § 695C.080 — NV Code / Title 57 / Chapter 695C / Section 695C.080
Certificate of authority: Evaluation of application
Status: in_force

1. The Commissioner shall determine whether the applicant for a certificate of authority, with respect to health care services to be furnished: (a) Has demonstrated the willingness and ability to ensure that such health care services will be provided in a manner to ensure both availability and accessibility of adequate personnel and facilities and in a manner enhancing availability, accessibility and continuity of service; (b) Has organizational arrangements, established in accordance with regulations promulgated by the Commissioner; and (c) Has a procedure established in accordance with regulations of the Commissioner to develop, compile, evaluate and report statistics relating to the cost of its operations, the pattern of utilization of its services, the availability and accessibility of its services and such other matters as may be reasonably required by the Commissioner.

2. Within 90 days of receipt of the application for issuance of a certificate of authority, the Commissioner shall certify whether the proposed health maintenance organization meets the requirements of subsection 1. If the Commissioner certifies that the health maintenance organization does not meet such requirements, it shall specify in what respects it is deficient.
Nev. Rev. Stat. § 688C.090 — NV Code / Title 57 / Chapter 688C / Section 688C.090
“Purchaser of viatical settlements” defined
Status: in_force

1. “ Purchaser of viatical settlements ” means: (a) A person who gives a sum of money as consideration for a policy or an interest in the death benefits of a policy; (b) A person who owns or acquires or is entitled to a beneficial interest in a trust that owns a viatical settlement contract as described in subsection 2 of NRS 687B.040 ; or (c) A person who is the beneficiary of a policy that has been or will be the subject of a viatical settlement contract, for the purpose of deriving an economic benefit.

2. The term does not include: (a) A person licensed pursuant to this chapter; (b) An accredited investor or qualified institutional buyer as defined respectively in Regulation D, Rule 501 1 or Rule 144A 2 of the Federal Securities Act of 1933, as amended; (c) A financing agent; or (d) A special organization.

1 17 C.F.R. 230.501 to 230.508

2 17 C.F.R. 230.144A