Nev. Rev. Stat. § 681B.550 — NV Code / Title 57 / Chapter 681B / Section 681B.550
Insurer required to report its level of risk-based capital; regulations; exemptions
Status: in_force

1. Except as otherwise provided in subsection 3, on or before March 1 of each year, each domestic insurer, and each foreign insurer domiciled in a state which does not have requirements for reporting risk-based capital, that transacts property, casualty, life or health insurance in this state shall prepare and submit to the Commissioner, and to each person designated by the Commissioner, a report of the level of the risk-based capital of the insurer as of the end of the immediately preceding calendar year. The report must be in such form and contain such information as required by the regulations adopted by the Commissioner pursuant to this section.

2. The Commissioner shall adopt regulations concerning the amount of risk-based capital required to be maintained by each insurer licensed to do business in this state that is transacting property, casualty, life or health insurance in this state. The regulations must be consistent with the instructions for reporting risk-based capital adopted by the NAIC, as those instructions existed on January 1, 1997. If the instructions are amended, the Commissioner may amend the regulations to maintain consistency with the instructions if the Commissioner determines that the amended instructions are appropriate for use in this state.

3. The Commissioner may exempt from the provisions of this section: (a) A domestic insurer who: (1) Does not transact insurance in any other state; (2) Does not assume reinsurance that is more than 5 percent of the direct premiums written by the insurer; and (3) Writes annual premiums of not more than $2,000,000. (b) A prepaid limited health service organization that provides or arranges for the provision of limited health services to fewer than 1,000 enrollees.

4. As used in this section, “ prepaid limited health service organization ” has the meaning ascribed to it in NRS 695F.050 .
Nev. Rev. Stat. § 688A.240 — NV Code / Title 57 / Chapter 688A / Section 688A.240
Annuities: Reinstatement
Status: in_force

In an annuity or pure endowment contract, other than a reversionary or group annuity, there shall be a provision that the contract may be reinstated at any time within 1 year from the default in making stipulated payments to the insurer, unless the cash surrender value has been paid, but all overdue stipulated payments and any indebtedness to the insurer on the contract shall be paid or reinstated with interest thereon at a rate to be specified in the contract but not exceeding 6 percent per annum payable annually, and in cases where applicable the insurer may also include a requirement of evidence of insurability satisfactory to the insurer.
Nev. Rev. Stat. § 691D.030 — NV Code / Title 57 / Chapter 691D / Section 691D.030
“Enrolled customer” defined
Status: in_force

“ Enrolled customer ” means a customer who elects coverage under a policy of portable electronics insurance issued to a vendor.
Nev. Rev. Stat. § 690B.020 — NV Code / Title 57 / Chapter 690B / Section 690B.020
Coverage for uninsured or hit-and-run vehicles required; exceptions; insolvency of insurer; payment; presumption
Status: in_force

1. Except as otherwise provided in this section and NRS 690B.035 , no policy insuring against liability arising out of the ownership, maintenance or use of any motor vehicle may be delivered or issued for delivery in this State unless coverage is provided therein or supplemental thereto for the protection of persons insured thereunder who are legally entitled to recover damages, from owners or operators of uninsured or hit-and-run motor vehicles, for bodily injury, sickness or disease, including death, resulting from the ownership, maintenance or use of the uninsured or hit-and-run motor vehicle. No such coverage is required in or supplemental to a policy issued to the State of Nevada or any political subdivision thereof, or where rejected in writing, on a form furnished by the insurer describing the coverage being rejected, by an insured named therein, or upon any renewal of such a policy unless the coverage is then requested in writing by the named insured. The coverage required in this section may be referred to as “uninsured vehicle coverage.”

2. The amount of coverage to be provided must be not less than the minimum limits for liability insurance for bodily injury provided for under chapter 485 of NRS , but may be in any greater amount.

3. For the purposes of this section, the term “ uninsured motor vehicle ” means a motor vehicle: (a) With respect to which there is not available at the Department of Motor Vehicles evidence of financial responsibility as required by chapter 485 of NRS ; (b) With respect to the ownership, maintenance or use of which there is no liability insurance for bodily injury or bond applicable at the time of the crash or, to the extent of such deficiency, any liability insurance for bodily injury or bond in force is less than the amount required by NRS 485.210 ; (c) With respect to the ownership, maintenance or use of which the company writing any applicable liability insurance for bodily injury or bond denies coverage or is insolvent; (d) Used without the permission of its owner if there is no liability insurance for bodily injury or bond applicable to the operator; (e) Used with the permission of its owner who has insurance which does not provide coverage for the operation of the motor vehicle by any person other than the owner if there is no liability insurance for bodily injury or bond applicable to the operator; or (f) The owner or operator of which is unknown or after reasonable diligence cannot be found if: (1) The bodily injury or death has resulted from physical contact of the automobile with the named insured or the person claiming under the named insured or with an automobile which the named insured or such a person is occupying; and (2) The named insured or someone on behalf of the named insured has reported the crash within the time required by NRS 484E.030 , 484E.040 or 484E.050 to the police department of the city where it occurred or, if it occurred in an unincorporated area, to the sheriff of the county or to the Nevada Highway Patrol.

4. For the purposes of this section, the term “ uninsured motor vehicle ” also includes, subject to the terms and conditions of coverage, an insured other motor vehicle where: (a) The liability insurer of the other motor vehicle is unable because of its insolvency to make payment with respect to the legal liability of its insured within the limits specified in its policy; (b) The occurrence out of which legal liability arose took place while the uninsured vehicle coverage required under paragraph (a) was in effect; and (c) The insolvency of the liability insurer of the other motor vehicle existed at the time of, or within 2 years after, the occurrence. Nothing contained in this subsection prevents any insurer from providing protection from insolvency to its insureds under more favorable terms.

5. If payment is made to any person under uninsured vehicle coverage, and subject to the terms of the coverage, to the extent of such payment the insurer is entitled to the proceeds of any settlement or recovery from any person legally responsible for the bodily injury as to which payment was made, and to amounts recoverable from the assets of the insolvent insurer of the other motor vehicle.

6. A vehicle involved in a crash which results in bodily injury or death shall be presumed to be an uninsured motor vehicle if no evidence of financial responsibility is supplied to the Department of Motor Vehicles in the manner required by chapter 485 of NRS within 60 days after the crash occurs.
Nev. Rev. Stat. § 695A.140 — NV Code / Title 57 / Chapter 695A / Section 695A.140
Conversion of fraternal benefit society into mutual life insurer
Status: in_force

Any domestic fraternal benefit society may be converted to and licensed as a mutual life insurer by compliance with all the applicable requirements of chapter 693A of NRS if a plan of conversion is:

1. Prepared by the board of directors of the society in writing setting forth in full the terms and conditions of the conversion;

2. Approved by the affirmative vote of two-thirds of all members of the supreme governing body of the society at a regular or special meeting; and

3. Approved by the Commissioner, who may give such approval if the Commissioner finds that the proposed change is in conformity with the laws of this state and not prejudicial to the certificate holders of the society.
Nev. Rev. Stat. § 683A.383 — NV Code / Title 57 / Chapter 683A / Section 683A.383
Payment of child support: Statement by applicant for certificate of registration or license; grounds for denial of certificate of registration or license; duty of Commissioner
Status: in_force

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

1. A natural person who applies for the issuance or renewal of a certificate of registration as an administrator or a license as a producer of insurance or managing general agent shall submit to the Commissioner the statement prescribed by the Division of Welfare and Supportive Services of the Department of Health and Human Services pursuant to NRS 425.520 . The statement must be completed and signed by the applicant.

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

3. A certificate of registration as an administrator or a license as a producer of insurance or managing general agent may not be issued or renewed by the Commissioner if the applicant is a natural person who: (a) Fails to submit the statement required pursuant to subsection 1; or (b) Indicates on the statement submitted pursuant to subsection 1 that he or she is subject to a court order for the support of a child and is not in compliance with the order or a plan approved by the district attorney or other public agency enforcing the order for the repayment of the amount owed pursuant to the order.

4. If an applicant indicates on the statement submitted pursuant to subsection 1 that the applicant is subject to a court order for the support of a child and is not in compliance with the order or a plan approved by the district attorney or other public agency enforcing the order for the repayment of the amount owed pursuant to the order, the Commissioner shall advise the applicant to contact the district attorney or other public agency enforcing the order to determine the actions that the applicant may take to satisfy the arrearage.
Nev. Rev. Stat. § 683A.0892 — NV Code / Title 57 / Chapter 683A / Section 683A.0892
Suspension or revocation of certificate of registration: Grounds; additional penalties
Status: in_force

1. The Commissioner: (a) Shall suspend or revoke the certificate of registration of an administrator if the Commissioner has determined, after notice and a hearing, that the administrator: (1) Is in an unsound financial condition; (2) Uses methods or practices in the conduct of business that are hazardous or injurious to insured persons or members of the general public; or (3) Has failed to pay any judgment against the administrator in this State within 60 days after the judgment became final. (b) May suspend or revoke the certificate of registration of an administrator if the Commissioner determines, after notice and a hearing, that the administrator: (1) Has knowingly violated or failed to comply with any provision of this Code, any regulation adopted pursuant to this Code or any order of the Commissioner; (2) Has refused to be examined by the Commissioner or has refused to produce accounts, records or files for examination upon the request of the Commissioner; (3) Has, without just cause, refused to pay claims or perform services pursuant to the administrator's contracts or has, without just cause, caused persons to accept less than the amount of money owed to them pursuant to the contracts, or has caused persons to employ an attorney or bring a civil action against the administrator to receive full payment or settlement of claims; (4) Is affiliated with, managed by or owned by another administrator or an insurer who transacts insurance in this State without a certificate of authority or certificate of registration; (5) Fails to comply with any of the requirements for a certificate of registration; (6) Has been convicted of, or has entered a plea of guilty, guilty but mentally ill or nolo contendere to, a felony, whether or not adjudication was withheld; (7) Has had his or her authority to act as an administrator in another state limited, suspended or revoked; or (8) Has failed to file an annual report in accordance with NRS 683A.08528 . (c) May suspend or revoke the certificate of registration of an administrator if the Commissioner determines, after notice and a hearing, that a responsible person: (1) Has refused to provide any information relating to the administrator's affairs or refused to perform any other legal obligation relating to an examination upon request by the Commissioner; or (2) Has been convicted of, or has entered a plea of guilty, guilty but mentally ill or nolo contendere to, a felony committed on or after October 1, 2003, whether or not adjudication was withheld. (d) May, upon notice to the administrator, suspend the certificate of registration of the administrator pending a hearing if: (1) The administrator is impaired or insolvent; (2) A proceeding for receivership, conservatorship or rehabilitation has been commenced against the administrator in any state; or (3) The financial condition or the business practices of the administrator represent an imminent threat to the public health, safety or welfare of the residents of this State. (e) May, in addition to or in lieu of the suspension or revocation of the certificate of registration of the administrator, impose a fine of $2,000 for each act or violation.

2. As used in this section, “ responsible person ” means any person who is responsible for or controls or is authorized to control or advise the affairs of an administrator, including, without limitation: (a) A member of the board of directors, board of trustees, executive committee or other governing board or committee of the administrator; (b) The president, vice president, chief executive officer, chief operating officer or any other principal officer of an administrator, if the administrator is a corporation; (c) A partner or member of the administrator, if the administrator is a partnership, association or limited-liability company; and (d) Any shareholder or member of the administrator who directly or indirectly holds 10 percent or more of the voting stock, voting securities or voting interest of the administrator.
Nev. Rev. Stat. § 695C.178 — NV Code / Title 57 / Chapter 695C / Section 695C.178
Reimbursement for treatment by chiropractic physician
Status: in_force

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

2. The terms of the policy must not limit: (a) Coverage for treatments by a chiropractic physician to a number less than for treatments by other physicians. (b) Reimbursement for treatments by a chiropractic physician to an amount less than that charged for similar treatments by other physicians.
Nev. Rev. Stat. § 695A.197 — NV Code / Title 57 / Chapter 695A / Section 695A.197
Society prohibited from denying coverage solely because applicant or insured was intoxicated or under the influence of controlled substance; exceptions
Status: in_force

1. Except as otherwise provided in subsection 2, a society that provides health benefits shall not: (a) Deny a claim under a benefit contract solely because the claim involves an injury sustained by an insured as a consequence of being intoxicated or under the influence of a controlled substance. (b) Cancel a benefit contract solely because an insured has made a claim involving an injury sustained by the insured as a consequence of being intoxicated or under the influence of a controlled substance. (c) Refuse to issue a benefit contract to an eligible applicant solely because the applicant has made a claim involving an injury sustained by the applicant as a consequence of being intoxicated or under the influence of a controlled substance.

2. The provisions of subsection 1 do not prohibit a society from enforcing a provision included in a benefit contract to: (a) Deny a claim which involves an injury to which a contributing cause was the insured's commission of or attempt to commit a felony; (b) Cancel a benefit contract solely because of such a claim; or (c) Refuse to issue a benefit contract to an eligible applicant solely because of such a claim.

3. The provisions of this section do not apply to a society under a benefit contract that provides coverage for long-term care or disability income.
Nev. Rev. Stat. § 688B.130 — NV Code / Title 57 / Chapter 688B / Section 688B.130
Conversion on termination of policy
Status: in_force

The group life insurance policy shall contain a provision that if the group policy terminates or is amended so as to terminate the insurance of any class of insured persons, every person insured thereunder at the date of such termination whose insurance terminates and who has been so insured for at least 5 years prior to such termination date shall be entitled to have issued to the person by the insurer an individual policy of life insurance, subject to the same conditions and limitations as are provided by NRS 688B.120 , except that the group policy may provide that the amount of such individual policy shall not exceed the smaller of:

1. The amount of the person's life insurance protection ceasing because of the termination or amendment of the group policy, less the amount of any life insurance for which the person is or becomes eligible under any group policy issued or reinstated by the same or another insurer within 31 days after such termination; and

2. $2,000.
Nev. Rev. Stat. § 690A.277 — NV Code / Title 57 / Chapter 690A / Section 690A.277
Regulations
Status: in_force

The Commissioner may adopt regulations to carry out the provisions of this chapter.
Nev. Rev. Stat. § 682A.187 — NV Code / Title 57 / Chapter 682A / Section 682A.187
“Required liabilities” defined
Status: in_force

“ Required liabilities ” means the total liabilities required to be reported on the statutory financial statement of the insurer most recently required to be filed with the Commissioner.
Nev. Rev. Stat. § 687B.780 — NV Code / Title 57 / Chapter 687B / Section 687B.780
Health carrier required to ensure that participating providers of health care furnish covered services to all covered persons; exception
Status: in_force

1. A health carrier which offers or issues a network plan shall ensure that participating providers of health care in the network are responsible for furnishing covered services to all covered persons without regard to the participation of the covered person in the network plan as a private purchaser of the network plan or as a participant in a publicly financed program of health care services.

2. This section does not apply to circumstances when the participating provider of health care should not render services due to limitations arising from a lack of training, experience or skill or licensing restrictions.
Nev. Rev. Stat. § 695C.205 — NV Code / Title 57 / Chapter 695C / Section 695C.205
Health maintenance organization prohibited from denying coverage solely because applicant or insured was intoxicated or under the influence of controlled substance; exceptions
Status: in_force

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

2. The provisions of subsection 1 do not prohibit a health maintenance organization from enforcing a provision included in a health care plan to: (a) Deny a claim which involves an injury to which a contributing cause was the insured's commission of or attempt to commit a felony; (b) Cancel participation under a health care plan solely because of such a claim; or (c) Refuse participation under a health care plan to an eligible applicant solely because of such a claim.

3. The provisions of this section do not apply to a health maintenance organization under a health care plan that provides coverage for long-term care or disability income.
Nev. Rev. Stat. § 680A.170 — NV Code / Title 57 / Chapter 680A / Section 680A.170
Certificate of authority: Amendment; fee
Status: in_force

Upon written application therefor by the insurer and due cause shown, the Commissioner may amend the certificate of authority of an insurer as required by change of name or to show any change in the kinds of insurance the insurer may thereafter transact and is qualified to transact in this state. The insurer shall accompany such request with the fee for amendment as specified in NRS 680B.010 (fee schedule).
Nev. Rev. Stat. § 679B.120 — NV Code / Title 57 / Chapter 679B / Section 679B.120
General powers and duties of Commissioner
Status: in_force

The Commissioner shall:

1. Organize and manage the Division, and direct and supervise all its activities;

2. Execute the duties imposed upon him or her by this Code;

3. Enforce the provisions of this Code;

4. Have the powers and authority expressly conferred upon him or her by or reasonably implied from the provisions of this Code;

5. Conduct such examinations and investigations of insurance matters, in addition to examinations and investigations expressly authorized, as he or she may deem proper upon reasonable and probable cause to determine whether any person has violated any provision of this Code or to secure information useful in the lawful enforcement or administration of any such provision; and

6. Have such additional powers and duties as may be provided by other laws of this State.
Nev. Rev. Stat. § 686A.680 — NV Code / Title 57 / Chapter 686A / Section 686A.680
Consumer credit reports: Uses; limitations
Status: in_force

1. An insurer that uses information from a consumer credit report shall not: (a) Use an insurance score that is calculated using income, gender, sexual orientation, gender identity or expression, address, zip code, ethnic group, religion, marital status or nationality of the consumer as a factor, or would otherwise lead to unfair or invidious discrimination. (b) Deny, cancel or fail to renew a policy on the basis of credit information unless the insurer also considers other applicable underwriting factors that are independent of credit information and not expressly prohibited by this section. (c) Base renewal rates for a policy upon credit information unless the insurer also considers other applicable factors independent of credit information. (d) Take an adverse action against an applicant or policyholder based on the applicant or policyholder not having a credit card account unless the insurer also considers other applicable factors independent of credit information. (e) Consider an absence of credit information or an inability to calculate an insurance score in underwriting or rating a policy unless the insurer does any one of the following: (1) Treats the applicant or policyholder as otherwise approved by the Commissioner, after the insurer presents to the Commissioner information indicating that such an absence or inability relates to the risk for the insurer. (2) Treats the applicant or policyholder as if the applicant or policyholder had neutral credit information, as defined by the insurer. (3) Excludes the use of credit information as a factor, and uses only underwriting criteria other than credit information. (f) Take an adverse action against an applicant or policyholder based on credit information, unless an insurer obtains and uses a consumer credit report issued or an insurance score calculated within 90 days from the date the policy is first written or renewal is issued. (g) Use the following as a negative factor in any insurance scoring methodology or in reviewing credit information for the purpose of underwriting or rating a policy: (1) Credit inquiries not initiated by the applicant or policyholder, or inquiries requested by the applicant or policyholder for his or her own credit information. (2) Inquiries relating to insurance coverage, if so identified on the consumer credit report. (3) Collection accounts relating to medical treatment, if so identified on the consumer credit report. (4) Multiple lender inquiries, if identified on the consumer credit report as being related to home loans or mortgages and made within 30 days of one another, unless only one inquiry is considered. (5) Multiple lender inquiries, if identified on the consumer credit report as being related to a loan for an automobile and made within 30 days of one another, unless only one inquiry is considered.

2. Except as otherwise provided in this subsection, at the time of the annual renewal of a policyholder's policy, an insurer that uses information from a consumer credit report shall, upon the request of the policyholder or the policyholder's agent, reunderwrite and rerate the policy based upon a current consumer credit report or insurance score. An insurer need not, at the request of a policyholder or the policyholder's agent, recalculate the insurance score of or obtain an updated consumer credit report of the policyholder more frequently than once in any 12-month period.
Nev. Rev. Stat. § 686C.222 — NV Code / Title 57 / Chapter 686C / Section 686C.222
Requests for information from member insurers
Status: in_force

The Association may request information from member insurers to aid in the exercise of its powers under this chapter, and each member shall promptly comply with such a request.
Nev. Rev. Stat. § 689A.745 — NV Code / Title 57 / Chapter 689A / Section 689A.745
Establishment; approval; requirements; examination; exception
Status: in_force

1. Except as otherwise provided in subsection 4, each insurer that issues a policy of health insurance in this State shall establish a system for resolving any complaints of an insured concerning health care services covered under the policy. The system must be approved by the Commissioner.

2. A system for resolving complaints established pursuant to subsection 1 must include an initial investigation, a review of the complaint by a review board and a procedure for appealing a determination regarding the complaint. The majority of the members on a review board must be insureds who receive health care services pursuant to a policy of health insurance issued by the insurer.

3. The Commissioner may examine the system for resolving complaints established pursuant to subsection 1 at such times as the Commissioner deems necessary or appropriate.

4. Each insurer that issues a policy of health insurance in this State that provides, delivers, arranges for, pays for or reimburses any cost of health care services through managed care shall provide a system for resolving any complaints of an insured concerning those health care services that complies with the provisions of NRS 695G.200 to 695G.310 , inclusive.
Nev. Rev. Stat. § 690B.220 — NV Code / Title 57 / Chapter 690B / Section 690B.220
“Extended reporting endorsement” defined
Status: in_force

“ Extended reporting endorsement ” means an endorsement to a claims-made policy which requires the payment of a separate premium and which provides coverage for claims that arise from incidents or events which occur while the claims-made policy is in force but which are reported to the insurer after the claims-made policy is terminated.
Nev. Rev. Stat. § 688A.360 — NV Code / Title 57 / Chapter 688A / Section 688A.360
Insurance to which NRS 688A.290 to 688A.360, inclusive, not applicable
Status: in_force

NRS 688A.290 to 688A.360 , inclusive, do not apply to any:

1. Reinsurance, group insurance, pure endowment, annuity or reversionary annuity contract.

2. Term policy of uniform amount which provides no guaranteed nonforfeiture or endowment benefits, or the renewal thereof, of 20 years or less expiring before age 71, for which uniform premiums are payable during the entire term of the policy.

3. Term policy of decreasing amount which provides no guaranteed nonforfeiture or endowment benefits on which each adjusted premium, calculated as specified in NRS 688A.320 to 688A.340 , inclusive, is less than the adjusted premium, calculated in the same manner, on a term policy of uniform amount, or a renewal thereof, which provides no guaranteed nonforfeiture or endowment benefits, issued at the same age and for the same initial amount of insurance and for a term of 20 years or less, expiring before age 71, for which uniform premiums are payable during the entire term of the policy.

4. Policy which provides no guaranteed nonforfeiture or endowment benefits, for which no cash surrender value, if any, or present value of any paid-up nonforfeiture benefit, at the beginning of any policy year, calculated as specified in NRS 688A.300 to 688A.340 , inclusive, exceeds 2.5 percent of the amount of insurance at the beginning of the same policy year.

5. Policy which is delivered outside this state by an agent or other representative of the company issuing the policy. For purposes of determining whether NRS 688A.290 to 688A.360 , inclusive, apply, the age at expiration for a joint term policy of life insurance is the age of the oldest person at the time of expiration.
Nev. Rev. Stat. § 696B.390 — NV Code / Title 57 / Chapter 696B / Section 696B.390
Termination of conservation or rehabilitation
Status: in_force

If at any time the court finds, after a hearing in open court, upon petition of the Commissioner or of the insurer or of its own motion, that the objectives of an order to conserve or rehabilitate a domestic insurer or an alien insurer domiciled in this state have been accomplished, and that the insurer can be returned to its own management without further jeopardy to the insurer and its creditors or policyholders or stockholders or to the public, the court may, upon a full report and accounting by the Commissioner relative to the conduct of the insurer's affairs during the conservation or rehabilitation and of the insurer's current financial condition, terminate the conservation or rehabilitation and by order return the insurer, its assets and affairs, to the insurer's management.
Nev. Rev. Stat. § 689B.400 — NV Code / Title 57 / Chapter 689B / Section 689B.400
“Group participation” defined
Status: in_force

“Group participation” means the minimum number of participants or beneficiaries that must be enrolled in a health benefit plan in relation to a specified percentage or number of eligible persons or employees of the employer.
Nev. Rev. Stat. § 683A.160 — NV Code / Title 57 / Chapter 683A / Section 683A.160
Application for license; fees; period of validity, renewal, failure to renew, contents and availability of license; change of address
Status: in_force

1. Each applicant for a license as a managing general agent must submit with his or her application: (a) The appointment of the applicant as a managing general agent by each insurer or underwriter department to be so represented; (b) The application and license fee specified in NRS 680B.010 and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110 ; (c) A copy of any contract entered into between the applicant and each insurer that the applicant will represent as a managing general agent, if required by the Commissioner; and (d) Evidence of compliance with NRS 683A.165 .

2. Each applicant must, as part of his or her application and at the applicant's own expense: (a) Arrange to have a complete set of his or her fingerprints taken by a law enforcement agency or other authorized entity acceptable to the Commissioner; and (b) Submit to the Commissioner: (1) A completed fingerprint card and written permission authorizing the Commissioner to submit the applicant's fingerprints to the Central Repository for Nevada Records of Criminal History for submission to the Federal Bureau of Investigation for a report on the applicant's background and to such other law enforcement agencies as the Commissioner deems necessary; or (2) Written verification, on a form prescribed by the Commissioner, stating that the fingerprints of the applicant were taken and directly forwarded electronically or by another means to the Central Repository and that the applicant has given written permission to the law enforcement agency or other authorized entity taking the fingerprints to submit the fingerprints to the Central Repository for submission to the Federal Bureau of Investigation for a report on the applicant's background and to such other law enforcement agencies as the Commissioner deems necessary.

3. The Commissioner may: (a) Unless the applicant's fingerprints are directly forwarded pursuant to subparagraph (2) of paragraph (b) of subsection 2, submit those fingerprints to the Central Repository for submission to the Federal Bureau of Investigation and to such other law enforcement agencies as the Commissioner deems necessary; (b) Request from each such agency any information regarding the applicant's background as the Commissioner deems necessary; and (c) Adopt regulations concerning the procedures for obtaining this information.

4. A license as a managing general agent remains in effect unless revoked, suspended or otherwise terminated if, on or before the renewal date for the license: (a) A request for renewal is submitted; (b) All applicable fees for renewal are paid for the license and, if applicable, for each natural person who is designated pursuant to subsection 5 of NRS 683A.140 ; (c) A copy of any contract entered into between the managing general agent and each insurer whom the managing general agent represents, if required by the Commissioner, is submitted; (d) Evidence of compliance with NRS 683A.165 is submitted; and (e) Any requirement for education and any other requirement to renew the license is satisfied.

5. A managing general agent may submit a request for renewal of his or her license within 30 days after the renewal date if the managing general agent otherwise complies with the provisions of subsection 4 and pays, in addition to any fee paid pursuant to subsection 4, a penalty of 50 percent of all applicable fees for renewal, except for any fee required pursuant to NRS 680C.110 .

6. Except as otherwise provided in subsection 8, a license as a managing general agent expires if the Commissioner does not receive from the managing general agent a request for renewal of the license pursuant to subsection 4 or 5, as applicable, on or before the date which is 30 days after the renewal date.

7. A fee paid pursuant to subsection 4 or 5 is nonrefundable.

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

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

10. A licensee shall inform the Commissioner of each change of business, residence or electronic mail address, in writing or by other means acceptable to the Commissioner, within 30 days after the change.

11. As used in this section, “ renewal date ” means: (a) For the first renewal of the license, the last day of the month which is 3 years after the month in which the Commissioner originally issued the license. (b) For each renewal after the first renewal of the license, the last day of the month which is 3 years after the month in which the license was last due to be renewed.
Nev. Rev. Stat. § 692C.372 — NV Code / Title 57 / Chapter 692C / Section 692C.372
Group-wide supervision of internationally active insurance groups: Definitions
Status: in_force

As used in NRS 692C.372 to 692C.378 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 692C.374 and 692C.376 have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 693A.610 — NV Code / Title 57 / Chapter 693A / Section 693A.610
Authority of Commissioner to engage services of experts; payment of costs to review plan of reorganization
Status: in_force

In determining whether a plan of reorganization meets the requirements of the provisions of NRS 693A.550 to 693A.665 , inclusive, or with regard to any other matters relating to the development of a plan of reorganization, the Commissioner may engage the services of experts. All reasonable costs related to the review of a plan of reorganization or such other matters, including those costs attributable to the use of experts, must be paid by the mutual insurer filing the application or initiating discussions with the Commissioner about such matters.
Nev. Rev. Stat. § 689A.0497 — NV Code / Title 57 / Chapter 689A / Section 689A.0497
Provider of medical transportation
Status: in_force

1. Except as otherwise provided in subsection 3, every policy of health insurance 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 insured or the provider may submit the claim for reimbursement. The provider shall not demand payment from the insured until after that reimbursement has been granted or denied.

3. Subsection 1 does not apply to any agreement between an insurer and a provider of medical transportation for the direct payment by the insurer for the provider's services.
Nev. Rev. Stat. § 690A.067 — NV Code / Title 57 / Chapter 690A / Section 690A.067
Term and cancellation of consumer credit insurance
Status: in_force

1. The term of any consumer credit insurance must not extend beyond the date of termination specified in the policy. The date of termination of the insurance must not occur more than 15 days after the scheduled maturity date of the debt to which it relates unless: (a) The date is extended at no additional cost to the debtor; or (b) The date is extended pursuant to a written agreement signed by the debtor and relates to a variable rate credit transaction or a deferral, renewal, refinancing or consolidation of debt.

2. If a debt is discharged because of any renewal, refinancing or consolidation before the scheduled date of termination of the consumer credit insurance, the insurance must be cancelled before any new consumer credit insurance is written in relation to the renewed, refinanced or consolidated debt.

3. If consumer credit insurance is terminated before the scheduled termination date, unless the insurance is terminated because of the performance by the insurer of all obligations with respect to the insurance, the insurer shall make an appropriate refund or credit to the debtor of any unearned charge that was paid by the debtor.

4. A debtor may cancel consumer credit insurance at any time by providing a request to the insurer. The insurer may require the request to be submitted in writing and may require the debtor to surrender any individual policy or group certificate. The right of the debtor to cancel the insurance may be subject to the terms of the credit transaction.
Nev. Rev. Stat. § 692B.180 — NV Code / Title 57 / Chapter 692B / Section 692B.180
Subscription contracts
Status: in_force

1. No form of subscription contract to sell securities under a solicitation permit shall be used unless the form has been filed with the Commissioner not less than 10 days prior to use and not disapproved by the Commissioner. The Commissioner shall disapprove any such form found by the Commissioner, either within or after such 10-day period, to be: (a) Prolix or unduly complicated as to terms; (b) In any material part, printed in such a manner as to be difficult to read; (c) Unfair to the subscriber in its terms; or (d) Contrary to law or the terms of the solicitation permit.

2. No such disapproval shall be retroactively effective.

3. Every such contract providing for payment of the subscription price in installments shall: (a) Require payment in full prior to expiration of the permit; and (b) Provide for the forfeiture, at the option of the corporation, of all payments theretofore made if the subscriber fails to cure all delinquencies of payments thereunder within 45 days after written notice of such delinquencies and of such forfeiture requirement has been mailed by the permit holder to the subscriber at his or her address last of record with the permit holder.
Nev. Rev. Stat. § 687A.070 — NV Code / Title 57 / Chapter 687A / Section 687A.070
Plan of operation: Submission; amendments; approval by Commissioner; compliance; contents; delegation of duties or powers
Status: in_force

1. The Association shall submit a plan of operation to the Commissioner, together with any amendments necessary or suitable to assure the fair, reasonable and equitable administration of the Association. The plan of operation and any amendments become effective upon approval in writing by the Commissioner. If the Association fails to submit suitable amendments to the plan as needed, the Commissioner shall adopt reasonable regulations necessary or advisable to effectuate the provisions of this chapter. The regulations continue in force until modified by the Commissioner or superseded by a plan, or by amendments to a plan, which are submitted by the Association and approved by the Commissioner.

2. The Association and all member insurers shall comply with the plan of operation.

3. The plan of operation must: (a) Establish the procedures for performance of all the duties and powers of the Association under NRS 687A.060 . (b) Establish procedures for managing assets of the Association. (c) Mandate that the Association establish procedures to designate the amount and method of reimbursing members of the Board of Directors under NRS 687A.050 . (d) Establish procedures by which claims may be filed with the Association and establish acceptable forms of proof of covered claims. Notice of claims to the receiver or liquidator of the insolvent insurer shall be deemed notice to the Association or its agent and a list of those claims must be periodically submitted to the Association or similar organization in another state by the receiver or liquidator. (e) Establish regular places and times for meetings of the Board of Directors. (f) Mandate that the Association establish procedures for keeping records of all financial transactions of the Association, its agent and the Board of Directors. (g) Provide that any member insurer aggrieved by any final action or decision of the Association may appeal to the Commissioner within 30 days after the action or decision. (h) Establish procedures for submission to the Commissioner of selections for the Board of Directors. (i) Contain additional provisions necessary or proper for the execution of the duties and powers of the Association.

4. The plan of operation may provide that any or all duties and powers of the Association, except those under paragraph (d) of subsection 1 and paragraph (c) of subsection 2 of NRS 687A.060 , are delegated to a person who performs or will perform functions similar to those of this Association in two or more states. This person must be reimbursed as a servicing facility and must be paid for performance of any other functions of the Association. A delegation under this subsection takes effect only with the approval of both the Board of Directors and the Commissioner, and may be made only to a person who extends protection not substantially less favorable and effective than that provided by this chapter.
Nev. Rev. Stat. § 693A.505 — NV Code / Title 57 / Chapter 693A / Section 693A.505
Unlawful acquisition of securities: Voting of securities prohibited; injunctive and other relief
Status: in_force

1. No security which is the subject of any agreement or arrangement regarding acquisition, or which is acquired or to be acquired, in contravention of NRS 693A.500 or of any regulation or order of the Commissioner may be voted at any shareholders' meeting or may be counted for quorum purposes, and any action of the shareholders requiring the affirmative vote of a percentage of shares may be taken as though such securities were not issued and outstanding, but no action taken at any such meeting may be invalidated by the voting of such securities unless: (a) The action would materially affect control of the new stock insurer or an institution that owns a majority of the voting securities of the new stock insurer; or (b) A court of competent jurisdiction has so ordered.

2. If a new stock insurer or the Commissioner has reason to believe that any security of the new stock insurer or an institution that owns a majority of the voting securities of the new stock insurer has been or is about to be acquired in contravention of NRS 693A.400 to 693A.540 , inclusive, or of any regulation or order of the Commissioner, the new stock insurer or the Commissioner may apply to the First Judicial District Court in and for Carson City for an order to enjoin any offer or acquisition made in contravention of NRS 693A.500 or any regulation or order of the Commissioner to enjoin the voting of any security so acquired, to void any vote of such a security already cast at any shareholders' meeting, and for such other equitable relief as the nature of the case and the interest of the policyholders, creditors and shareholders of the new stock insurer, or the public, may require.
Nev. Rev. Stat. § 687B.185 — NV Code / Title 57 / Chapter 687B / Section 687B.185
Binders: Prohibition of use to lower premiums
Status: in_force

An insurer may not use a binder as a means to lower a premium which an insured is charged.
Nev. Rev. Stat. § 690D.170 — NV Code / Title 57 / Chapter 690D / Section 690D.170
Creditor authorized to offer waiver to certain borrowers; manner of payment; cost of waiver required to be listed separately; waiver becomes part of finance agreement and remains such if assigned, sold or transferred
Status: in_force

1. Any creditor may offer to sell or sell a guaranteed asset protection waiver to a borrower who owes or expects to owe money to the creditor pursuant to a finance agreement. A borrower may pay for a guaranteed asset protection waiver using a one-time payment or periodic payments.

2. Except as otherwise provided in NRS 690D.100 , any cost to a borrower for the purchase of a guaranteed asset protection waiver which is entered into in compliance with the Truth in Lending Act, 15 U.S.C. §§ 1601 et seq., and any regulations adopted pursuant thereto, must be separately stated as part of the amount financed and must not be considered a finance charge or interest.

3. Upon the sale of a guaranteed asset protection waiver, the guaranteed asset protection waiver becomes a part of the finance agreement. A guaranteed asset protection waiver remains a part of a finance agreement if the finance agreement is assigned, sold or transferred by the creditor.
Nev. Rev. Stat. § 688C.270 — NV Code / Title 57 / Chapter 688C / Section 688C.270
Prerequisites to entry by viator into settlement within 5 years after issuance of policy; submission of independent evidence or certification to insurer
Status: in_force

1. A viator may not enter into a viatical settlement within 5 years after the issuance of the policy to which the settlement relates unless one or more of the following conditions is or has been satisfied: (a) The policy was issued upon the owner's exercise of a right of conversion arising out of a group policy if the total of the time covered under the policy plus the time covered under the group policy is at least 60 months. The time covered under the group policy must be calculated without regard to a change in insurance carriers if the coverage has been continuous. (b) The viator or owner submits to the provider of viatical settlements independent evidence that within the 5-year period: (1) The owner or insured has been diagnosed as terminally ill; (2) The owner or insured has been diagnosed as chronically ill or has an illness or condition that is life-threatening or requires a course of treatment for at least 2 years, long-term care or health care at home, or any combination of these; (3) The spouse of the owner or insured has died; (4) The owner or insured has divorced his or her spouse; (5) The owner or insured has retired from full-time employment; (6) The owner or insured has become physically or mentally disabled and a physician determines that the disability precludes the owner or insured from maintaining full-time employment; (7) A final judgment or order has been entered or issued by a court of competent jurisdiction, on the application of a creditor or owner of the insured, adjudging the owner or insured bankrupt or insolvent, or approving a petition for reorganization of the owner or insured or appointing a receiver, trustee or liquidator for all or a substantial part of the assets of the owner or insured; or (8) The owner of the policy experiences a significant decrease in income which is unexpected by the owner and impairs the reasonable ability of the owner to pay the premium on the policy.

2. The independent evidence must be submitted to the insurer when the provider of viatical settlements submits a request to the insurer to effect transfer of the policy to the provider of viatical settlements. The insurer shall respond timely to the request. This section does not prohibit an insurer from exercising its right to contest a policy on the ground of fraud.

3. If a provider of viatical settlements submits to an insurer a copy of the owner's or insured's certification that one of the events described in paragraph (b) of subsection 1 has occurred, the certification conclusively establishes that the viatical settlement is valid, and the insurer shall timely respond to the provider's request to effect a transfer of the policy.
Nev. Rev. Stat. § 691E.160 — NV Code / Title 57 / Chapter 691E / Section 691E.160
“Travel insurance” defined
Status: in_force

1. “ Travel insurance ” means insurance coverage for personal risks incident to planned travel, including, without limitation: (a) Interruption or cancellation of a trip or event; (b) Loss of baggage or personal effects; (c) Damages to accommodations or rental vehicles; (d) Sickness, accident, disability or death occurring during travel; (e) Emergency evacuation; (f) Repatriation of remains; or (g) Any other contractual obligation to indemnify or pay a specified amount to the traveler upon determinable contingencies related to travel that is approved by the Commissioner.

2. The term does not include: (a) Travel assistance services; (b) A cancellation fee waiver; (c) A major medical plan that provides comprehensive medical protection for a traveler on a trip lasting longer than 6 months, including, without limitation, a traveler who is working or residing overseas as an expatriate; or (d) Any other product that a person is prohibited from selling, soliciting or negotiating unless the person holds a specific license as a producer of insurance.
Nev. Rev. Stat. § 693A.490 — NV Code / Title 57 / Chapter 693A / Section 693A.490
Purchase of stock by directors, officers, employees, agents or trustees
Status: in_force

The provisions of NRS 693A.400 to 693A.540 , inclusive, do not prohibit the inclusion in the plan of conversion of provisions under which members of the board of directors, officers, employees or agents of the new stock insurer, and persons acting as trustees of employee stock ownership plans or other employee benefit plans may be entitled to purchase for cash capital stock of the new stock insurer at the same price initially issued by the new stock insurer under the plan of conversion, except that no such purchase may be made while any shares of capital stock are held in a trust established pursuant to the plan of conversion.
Nev. Rev. Stat. § 695G.162 — NV Code / Title 57 / Chapter 695G / Section 695G.162
Required provision concerning coverage for services provided through telehealth to same extent as though provided in person or by other means; required provision concerning reimbursement for certain services provided through telehealth in same amount as though provided in person or by other means; prohibited acts; requirements for certain managed care organizations concerning teledentistry
Status: in_force

1. A health care plan issued by a managed care organization for group coverage must include coverage for services provided to an insured through telehealth to the same extent as though provided in person or by other means.

2. A health care plan issued by a managed care organization for group coverage must provide reimbursement for services described in subsection 1 in the same amount as though provided in person or by other means: (a) If the services: (1) Are received at an originating site described in 42 U.S.C. § 1395m(m)(4)(C) or furnished by a federally-qualified health center or a rural health clinic; and (2) Except for services described in paragraph (b), are not provided through audio-only interaction; or (b) For counseling or treatment relating to a mental health condition or a substance use disorder, including, without limitation, when such counseling or treatment is provided through audio-only interaction.

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

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

5. A managed care organization that provides medical services to recipients of Medicaid under the State Plan for Medicaid or insurance pursuant to the Children's Health Insurance Program pursuant to a contract with the Division of Health Care Financing and Policy of the Department of Health and Human Services shall provide referrals to providers of dental services who provide services through teledentistry.

6. A managed care organization that provides dental services to recipients of Medicaid under the State Plan for Medicaid or insurance pursuant to the Children's Health Insurance Program pursuant to a contract with the Division of Health Care Financing and Policy of the Department of Health and Human Services shall: (a) Maintain a list of providers of dental services included in the network of the managed care organization who offer services through teledentistry; (b) At least quarterly, update the list and submit a copy of the updated list to the emergency department of each hospital located in this State; and (c) Allow such providers of dental services to include on claim forms codes for teledentistry services provided through both real-time interactions and asynchronous transmissions of medical and dental information.

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

8. Evidence of coverage that is delivered, issued for delivery or renewed on or after July 1, 2023, has the legal effect of including the coverage required by this section, and any provision of the plan or the renewal which is in conflict with this section is void.

9. As used in this section: (a) “ Distant site ” has the meaning ascribed to it in NRS 629.515 . (b) “ Federally-qualified health center ” has the meaning ascribed to it in 42 U.S.C. § 1396d(l)(2)(B) . (c) “ Originating site ” has the meaning ascribed to it in NRS 629.515 . (d) “ Provider of health care ” has the meaning ascribed to it in NRS 439.820 . (e) “ Rural health clinic ” has the meaning ascribed to it in 42 U.S.C. § 1395x(aa)(2) . (f) “ Teledentistry ” has the meaning ascribed to it in NRS 631.107 . (g) “ Telehealth ” has the meaning ascribed to it in NRS 629.515 .
Nev. Rev. Stat. § 695F.190 — NV Code / Title 57 / Chapter 695F / Section 695F.190
Requirements for reserve
Status: in_force

1. A prepaid limited health service organization shall set aside a reserve equal to 3 percent of the premiums collected from its enrollees in an amount not to exceed $500,000. The reserve is in addition to the bond or deposit filed with the Commissioner.

2. The reserve: (a) Must be deposited in a trust account in a financial institution which is located in this state and which is federally insured or insured by a private insurer approved pursuant to NRS 672.755 . The income earned on money in the account must be paid to the organization and used for its operations. (b) Is in addition to the reserve established by the organization according to good business and accounting practices for incurred but unreported claims and other similar claims.
Nev. Rev. Stat. § 693B.080 — NV Code / Title 57 / Chapter 693B / Section 693B.080
Acting directors: Qualifications; oaths not required
Status: in_force

No person prohibited by law or by the charter of a domestic organization from serving as a member of its board shall be eligible to serve as an acting director except that no person shall be disqualified to serve as an acting director by reason of not being a stockholder, policyholder or member of such organization, by reason of not being a resident of this state or of a contiguous state, or by reason of the number of the directors or acting directors who are officers, acting officers or employees of the organization. Any person may serve as an acting director of a fund who is a director, acting director, officer or acting officer of an organization which is party to the agreement creating the fund. No oath of acting directors shall be required.
Nev. Rev. Stat. § 689A.04036 — NV Code / Title 57 / Chapter 689A / Section 689A.04036
Coverage for continued medical treatment required in certain policies; exceptions; regulations
Status: in_force

1. The provisions of this section apply to a policy of health insurance offered or issued by an insurer if an insured covered by the policy receives health care through a defined set of providers of health care who are under contract with the insurer.

2. Except as otherwise provided in this section, if an insured who is covered by a policy described in subsection 1 is receiving medical treatment for a medical condition from a provider of health care whose contract with the insurer is terminated during the course of the medical treatment, the policy must provide that: (a) The insured may continue to obtain medical treatment for the medical condition from the provider of health care pursuant to this section, if: (1) The insured is actively undergoing a medically necessary course of treatment; and (2) The provider of health care and the insured agree that the continuity of care is desirable. (b) The provider of health care is entitled to receive reimbursement from the insurer for the medical treatment the provider of health care provides to the insured pursuant to this section, if the provider of health care agrees: (1) To provide medical treatment under the terms of the contract between the provider of health care and the insurer with regard to the insured, including, without limitation, the rates of payment for providing medical service, as those terms existed before the termination of the contract between the provider of health care and the insurer; and (2) Not to seek payment from the insured for any medical service provided by the provider of health care that the provider of health care could not have received from the insured were the provider of health care still under contract with the insurer.

3. The coverage required by subsection 2 must be provided until the later of: (a) The 120th day after the date the contract is terminated; or (b) If the medical condition is pregnancy, the 45th day after: (1) The date of delivery; or (2) If the pregnancy does not end in delivery, the date of the end of the pregnancy.

4. The requirements of this section do not apply to a provider of health care if: (a) The provider of health care was under contract with the insurer and the insurer terminated that contract because of the medical incompetence or professional misconduct of the provider of health care; and (b) The insurer did not enter into another contract with the provider of health care after the contract was terminated pursuant to paragraph (a).

5. A policy subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after October 1, 2003, has the legal effect of including the coverage required by this section, and any provision of the policy or renewal thereof that is in conflict with this section is void.

6. The Commissioner shall adopt regulations to carry out the provisions of this section.
Nev. Rev. Stat. § 682B.230 — NV Code / Title 57 / Chapter 682B / Section 682B.230
Substitution of trustee
Status: in_force

A new trustee or new trustees may be substituted for the original trustee of trusteed assets for any proper cause. Any such substitution shall be subject to the Commissioner's approval.
Nev. Rev. Stat. § 683A.083 — NV Code / Title 57 / Chapter 683A / Section 683A.083
“Insurer” defined
Status: in_force

“Insurer” includes, without limitation:

1. An insurance company licensed pursuant to the provisions of this Code;

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

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

4. A multiple employer welfare arrangement as defined in 29 U.S.C. § 1002 ;

5. An employer for whom a program of self-insurance is administered by an administrator; and

6. An organization for dental care that has been issued a certificate of authority pursuant to chapter 695D of NRS .
Nev. Rev. Stat. § 695I.520 — NV Code / Title 57 / Chapter 695I / Section 695I.520
Construction of chapter
Status: in_force

Nothing in this chapter, and no action taken by the Exchange pursuant to this chapter, shall be construed to preempt or supersede the authority of the Commissioner to regulate the business of insurance within this State.
Nev. Rev. Stat. § 682A.426 — NV Code / Title 57 / Chapter 682A / Section 682A.426
Computation of investments held as personal property under lease for purposes of investment diversification requirements
Status: in_force

For the purposes of determining compliance with the limitations of NRS 682A.402 , 682A.404 and 682A.406 , investments acquired by an insurer in accordance with the provisions of NRS 682A.420 to 682A.428 , inclusive, must be aggregated with those acquired in accordance with the provisions of NRS 682A.408 , and each lessee of the property under a lease referred to in NRS 682A.420 to 682A.428 , inclusive, shall be deemed the issuer of an obligation in the amount of the investment of the insurer in the property determined as provided in NRS 682A.422 .
Nev. Rev. Stat. § 695C.280 — NV Code / Title 57 / Chapter 695C / Section 695C.280
Commissioner authorized to adopt regulations for licensing of agents or brokers
Status: in_force

The Commissioner may adopt such reasonable regulations as are necessary to provide for the licensing of agents or brokers. An agent is a person directly or indirectly associated with a health care plan who engages in solicitation or enrollment. A broker is a person who is directly involved with the insured in the manner provided in chapter 683A of NRS .
Nev. Rev. Stat. § 695H.030 — NV Code / Title 57 / Chapter 695H / Section 695H.030
“Affiliate of an insurer” defined
Status: in_force

“ Affiliate of an insurer ” means a person who directly, or indirectly through one or more intermediaries, controls, is controlled by or is under common control with an insurer.
Nev. Rev. Stat. § 687B.200 — NV Code / Title 57 / Chapter 687B / Section 687B.200
Assignability: Life or health insurance policy
Status: in_force

1. The purpose of this section is to confirm and clarify the right to provide for an assignment by which a person covered by a life or health insurance policy may divest himself or herself of all incidents of ownership provided by the policy, including the conversion privileges of the policy.

2. Any person insured under a life or health insurance policy may make an assignment of all or any part of the incidents of ownership of the person under the policy, including, but not limited to, the privilege to have issued to the person an individual policy of life or health insurance pursuant to the provisions of this Code and the right to name a beneficiary. Subject to the terms of the policy or agreement between the insured, the policyholder and the insurer relating to assignment of incidents of ownership thereunder, such an assignment by an insured, whenever made, is valid for the purpose of vesting in the assignee all of the incidents of ownership so assigned. Such an assignment does not prejudice the insurer on account of any payment it may make or individual policy it may issue prior to receipt of notice of the assignment.

3. This section also applies to contracts issued by organizations for dental care and nonprofit hospital, medical and dental service corporations.
Nev. Rev. Stat. § 683A.0805 — NV Code / Title 57 / Chapter 683A / Section 683A.0805
Definitions
Status: in_force

As used in NRS 683A.0805 to 683A.0893 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 683A.081 to 683A.084 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 693B.010 — NV Code / Title 57 / Chapter 693B / Section 693B.010
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires:

1. “ Acting Director ” means an acting Director elected or appointed in accordance with this chapter.

2. “ Acting officer ” means an acting officer appointed in accordance with this chapter.

3. “ Acute emergency ” means a period in which, by reason of loss of life, epidemic disease, destruction or damage of property, contamination of property by radiological, chemical or bacteriological means, or disruption of the means of transportation and communication, resulting from an attack, it is impossible or impracticable for the business of insurance in this state to be conducted in strict accord with the provisions of law or charters applicable thereto.

4. “ Attack ” means any attack, actual or imminent, or series of attacks by an enemy or a foreign nation upon the United States of America causing, or which may cause, substantial damage or injury to civilian property or persons in the United States in any manner by sabotage or by the use of bombs, shellfire, or atomic, radiological, chemical, bacteriological or biological means or other weapons or processes.

5. “ Board ” means the board of directors, board of trustees, committee or similar body having control of the affairs of an organization.

6. “ Charter ” means the certificate of organization or incorporation of an organization together with its bylaws, or the agreement establishing a fund or association together with its constitution and bylaws.

7. “ Commissioner ” means the Commissioner of Insurance or other person designated to exercise the powers of that office during an acute emergency.

8. “ Director ” means a director, trustee or member of a board.

9. “ Domestic organization ” means any organization which is domiciled in this state, including, insofar as the provisions of this chapter may appropriately apply thereto, any welfare or pension fund or United States branch of an alien insurer.

10. “ Officer ” means an officer of a domestic organization.

11. “ Organization ” means any insurer, rating organization, service or advisory organization, joint underwriting association or other organization which is subject, in whole or in part, to the insurance laws of this state.

12. “ Quorum ” means the minimum number of directors required by charter and law, other than this chapter, to be present for valid action to be taken at a meeting of a board with respect to each particular item of business which may come before such meeting.
Nev. Rev. Stat. § 687B.113 — NV Code / Title 57 / Chapter 687B / Section 687B.113
Control of cost of health care: Provisions encouraging use of certain services and facilities
Status: in_force

An insurer shall include provisions in a policy of health insurance encouraging the insured's use, if medically appropriate, of services and facilities that are the most efficient or that tend to control or reduce the cost of health care. Any policy or other form filed with the Commissioner pursuant to NRS 687B.120 must specifically indicate which provisions satisfy the requirements of this section.
Nev. Rev. Stat. § 691C.240 — NV Code / Title 57 / Chapter 691C / Section 691C.240
Scope
Status: in_force

All credit personal property insurance, including guaranteed asset protection insurance, written in connection with credit transactions for personal, family or household purposes is subject to the provisions of this chapter, except:

1. Credit transactions involving extensions of credit primarily for business or commercial purposes;

2. Insurance written in connection with a credit transaction that is secured by a real estate mortgage or deed of trust;

3. Creditor-placed insurance;

4. Title insurance;

5. Nonfiling insurance;

6. Insurance purchased by a creditor after repossession or a similar event in which the creditor acquired possession of the property; and

7. Insurance for which an identifiable charge is not made to or collected from the debtor.
Nev. Rev. Stat. § 695F.080 — NV Code / Title 57 / Chapter 695F / Section 695F.080
General applicability of title 57 of NRS
Status: in_force

Except as otherwise provided in this chapter or in specific provisions of this title, the provisions of this title are not applicable to any prepaid limited health service organization granted a certificate of authority pursuant to this chapter. This section does not apply to an insurer licensed and regulated pursuant to this title except with respect to its activities as a prepaid limited health service organization authorized and regulated pursuant to this chapter.
Nev. Rev. Stat. § 682A.386 — NV Code / Title 57 / Chapter 682A / Section 682A.386
Valuation of investments
Status: in_force

For the purposes of this chapter, the value or amount of an investment acquired or held, or an investment practice engaged in, pursuant to this chapter, unless otherwise specified in this title, is the value at which assets of an insurer are required to be reported for statutory accounting purposes as determined in accordance with procedures prescribed in published accounting and valuation standards of the NAIC, including, without limitation, the Purposes and Procedures Manual of the SVO and the Valuation of Securities Manual , the Accounting Practices and Procedures Manual , the Annual Statement Instructions or any successor valuation procedures officially adopted by the NAIC.
Nev. Rev. Stat. § 680B.032 — NV Code / Title 57 / Chapter 680B / Section 680B.032
General tax on premiums: Certain insurers to file quarterly report and make quarterly payment; overpayment of tax
Status: in_force

1. Each insurer which, pursuant to NRS 680B.027 , paid or is required to pay a tax of at least $2,000 on net direct premiums and net direct considerations written during the preceding calendar year, shall file a quarterly report in such form as prescribed by the Executive Director of the Department of Taxation. Each report must be accompanied by a payment made payable to the Department of Taxation in an amount equal to the tax required to be paid on net direct premiums and net direct considerations written during the preceding calendar quarter. Each quarterly payment is due on the last day of the last month in each calendar quarter and is payable on or before the last day of the month next succeeding the calendar quarter for which the payment is due.

2. If an overpayment of the tax imposed by NRS 680B.027 results from the payments made pursuant to this section, the insurer shall apply the overpayment against each succeeding quarterly payment due in the current calendar year until the overpayment has been extinguished.
Nev. Rev. Stat. § 696C.170 — NV Code / Title 57 / Chapter 696C / Section 696C.170
Commissioner, staff and administrative supervisor: Immunity from liability
Status: in_force

There shall be no liability on the part of, and no cause of action of any nature against, the Commissioner or any employee or agent of the Commissioner, or an administrative supervisor designated pursuant to subsection 1 of NRS 696C.110 , for any action taken by them in the performance of their powers and duties under this chapter.
Nev. Rev. Stat. § 683A.271 — NV Code / Title 57 / Chapter 683A / Section 683A.271
Licensing of nonresident persons; participation by Commissioner in centralized registry; required notifications
Status: in_force

1. Unless the Commissioner refuses to issue the license under NRS 683A.451 , the Commissioner shall issue a license as a producer of insurance to a nonresident person if the nonresident person: (a) Is currently licensed as a resident and in good standing in his or her home state; (b) Has made the proper request for licensure and paid all applicable fees prescribed for the license; (c) Has sent to the Commissioner the application for licensure that the nonresident person made in his or her home state, or a completed uniform application; (d) Has a home state which issues nonresident licenses as producers of insurance to residents of this State pursuant to substantially the same procedure; and (e) Establishes and maintains a valid electronic mail address at the applicant's own expense.

2. The Commissioner may participate with the National Association of Insurance Commissioners or a subsidiary in a centralized registry in which licensing and appointment of producers of insurance may be effected for all states that require licensing and participate in the registry. If the Commissioner finds that participation is in the public interest, the Commissioner may adopt by regulation any uniform standards and procedures necessary for participation, including central collection of fees for licensing and appointment that are handled through the registry.

3. A nonresident producer who moves from one state to another state shall file a change of address and certification from the new state of residence within 30 days after the change of legal residence. No fee or application for license is required.

4. A nonresident licensed as a producer for surplus lines in his or her home state must be issued a nonresident license of that kind in this State pursuant to subsection 1, subject in all other respects to chapter 685A of NRS . A nonresident licensed as a producer for limited lines in his or her home state is entitled to a nonresident license of that kind in this State pursuant to subsection 1, granting the same scope of authority as the license issued in the home state. As used in this subsection, insurance for limited lines is authority granted by the home state which is restricted to less than the total authority prescribed for the associated major lines pursuant to NRS 683A.261 .

5. A nonresident firm or corporation maintaining a physical business location in this State shall notify the Commissioner of each physical location in this State from which it transacts business. A nonresident firm or corporation shall maintain a list identifying the locations outside this State from which it transacts business and provide the list to the Commissioner upon request.
Nev. Rev. Stat. § 682A.345 — NV Code / Title 57 / Chapter 682A / Section 682A.345
Agreements to purchase securities in advance of issuance prohibited
Status: in_force

An insurer shall not enter into an agreement to purchase securities in advance of their issuance for resale to the public as part of a distribution of the securities by the issuer, or otherwise guarantee the distribution, except that an insurer may acquire privately placed securities with registration rights.
Nev. Rev. Stat. § 681A.095 — NV Code / Title 57 / Chapter 681A / Section 681A.095
Insurance against legal liability for exemplary or punitive damages
Status: in_force

An insurer may insure against legal liability for exemplary or punitive damages that do not arise from a wrongful act of the insured committed with the intent to cause injury to another.
Nev. Rev. Stat. § 683A.082 — NV Code / Title 57 / Chapter 683A / Section 683A.082
“Control” defined
Status: in_force

“Control” has the meaning ascribed to it in NRS 692C.050 .
Nev. Rev. Stat. § 683A.081 — NV Code / Title 57 / Chapter 683A / Section 683A.081
“Affiliate” defined
Status: in_force

“Affiliate” has the meaning ascribed to it in NRS 692C.030 .
Nev. Rev. Stat. § 693A.625 — NV Code / Title 57 / Chapter 693A / Section 693A.625
Issuance of initial shares of capital stock; identity and rights of policyholders; status, rights, duties and assets of holding company
Status: in_force

1. All the initial shares of the capital stock of a reorganized stock insurer must be issued to the mutual insurance holding company or to one or more intermediate stock holding companies.

2. Policyholders of a domestic mutual insurer that has been reorganized are members of the mutual insurance holding company, and their voting rights must be determined in accordance with the articles of incorporation and bylaws of the mutual insurance holding company. The mutual insurance holding company shall provide its members with the same membership rights as were provided to policyholders of the mutual insurer immediately before reorganization. The reorganization must not reduce, limit or otherwise affect the number or identity of the policyholders who may become members of the mutual insurance holding company or secure for managerial personnel any unfair advantage through or connected with the reorganization.

3. A mutual insurance holding company or an intermediate stock holding company formed pursuant to NRS 693A.550 to 693A.665 , inclusive: (a) Must not be authorized to transact the business of insurance; (b) Is subject to the jurisdiction of the Commissioner, who shall ensure that policyholder interests are protected; and (c) Shall be deemed to be an insurer for the purposes of chapter 696B of NRS .

4. An intermediate stock holding company formed pursuant to NRS 693A.550 to 693A.665 , inclusive, shall be deemed to be a mutual insurance holding company subject to the provisions of NRS 693A.400 to 693A.540 , inclusive.

5. A mutual insurance holding company formed pursuant to NRS 693A.550 to 693A.665 , inclusive: (a) Shall not issue stock. (b) Shall invest in insurers not less than 50 percent of its net worth as determined by generally accepted accounting practices.

6. The aggregate pledges and encumbrances of the assets of a mutual insurance holding company must not affect more than 49 percent of the mutual insurance holding company's stock in an intermediate stock holding company or a reorganized stock insurer.

7. If any proceeding under chapter 696B of NRS is brought against a reorganized stock insurer, the mutual insurance holding company and each intermediate stock holding company must be named parties to the proceeding. All the assets of the mutual insurance holding company and each intermediate stock holding company shall be deemed assets of the estate of the reorganized stock insurer to the extent necessary to satisfy claims against the reorganized stock insurer.

8. No distribution to members of a mutual insurance holding company may occur without the prior written approval of the Commissioner. The Commissioner may give such approval only if the Commissioner is satisfied that the distribution is fair and equitable to policyholders as members of the mutual insurance holding company.

9. No solicitation for the sale of the stock of an intermediate stock holding company or a reorganized stock insurer may be made without the prior written approval of the Commissioner.

10. A mutual insurance holding company or an intermediate stock holding company may not voluntarily dissolve without the approval of the Commissioner.
Nev. Rev. Stat. § 687B.866 — NV Code / Title 57 / Chapter 687B / Section 687B.866
“Health care services” defined
Status: in_force

“Health care services” has the meaning ascribed to it in NRS 687B.620 .
Nev. Rev. Stat. § 682A.007 — NV Code / Title 57 / Chapter 682A / Section 682A.007
“Acceptable collateral” defined
Status: in_force

“ Acceptable collateral ” means:

1. As to securities lending transactions, and for the purpose of calculating counterparty exposure amount, cash, cash equivalents, letters of credit, direct obligations of, or securities that are fully guaranteed as to principal and interest by, the Federal Government or any agency thereof, or by the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation and, as to lending foreign securities, sovereign debt rated 1 by the SVO;

2. As to repurchase transactions, cash, cash equivalents and direct obligations of, or securities that are fully guaranteed as to principal and interest by, the Federal Government or any agency thereof, or by the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation; and

3. As to reverse repurchase transactions, cash and cash equivalents.
Nev. Rev. Stat. § 681A.070 — NV Code / Title 57 / Chapter 681A / Section 681A.070
“Surety insurance” defined
Status: in_force

“Surety insurance” includes:

1. Fidelity insurance, which is insurance guaranteeing the fidelity of persons holding positions of public or private trust.

2. Insurance guaranteeing the performance of contracts, other than insurance policies, and guaranteeing and executing bonds, undertakings and contracts of suretyship.

3. Insurance indemnifying banks, bankers, brokers, financial or moneyed corporations or associations against loss, resulting from any cause, of bills of exchange, notes, bonds, securities, evidences of debt, deeds, mortgages, warehouse receipts or other valuable papers, documents, money, precious metals and articles made therefrom, jewelry, watches, gems, precious and semiprecious stones, including any loss while the same are being transported in armored motor vehicles, or by messenger, but not including any other risks of transportation or navigation, and also insurance against loss or damage to such an insured's premises or to the insured's furnishings, fixtures, equipment, safes and vaults therein, caused by burglary, robbery, theft, vandalism or malicious mischief, or any attempt thereat.

4. Financial guaranty insurance, which is insurance or bonding that guarantees the payment of the principal and interest on a security if the issuer of the security defaults in the payment of the principal or interest. Financial guaranty insurance does not include coverage for items described in subsection 3.
Nev. Rev. Stat. § 680A.080 — NV Code / Title 57 / Chapter 680A / Section 680A.080
Eligibility for certificate of authority: General requirements
Status: in_force

To qualify for and hold authority to transact insurance in this State, an insurer must be otherwise in compliance with this Code and with its charter powers, and must be an incorporated stock or mutual insurer, or a reciprocal insurer, of the same general type as may be formed as a domestic insurer under this Code, except that:

1. No foreign insurer may be authorized to transact insurance in this State which does not maintain reserves as required by chapter 681B of NRS (assets and liabilities), as applicable to the kind or kinds of insurance transacted by such insurer, wherever transacted in the United States of America, or which transacts business anywhere in the United States of America on the assessment plan, or stipulated premium plan, or any similar plan.

2. No insurer may be authorized to transact a kind of insurance in this State unless duly authorized or qualified to transact such insurance in the state or country of its domicile.

3. No insurer may be authorized to transact in this State any kind of insurance which is not within the definitions as set forth in NRS 681A.010 to 681A.080 , inclusive (kinds of insurance).

4. No such authority may be granted or continued to any insurer while in arrears to the State for fees, licenses, taxes, assessments, fines or penalties accrued on business previously transacted in this State.

In addition to the other requirements set forth in this section, an insurer who proposes to transact in this State insurance that protects a policyholder from liability arising out of the ownership, maintenance or use of a motor vehicle must demonstrate to the satisfaction of the Department of Motor Vehicles that the insurer is able to comply with the provisions of NRS 485.314 .
Nev. Rev. Stat. § 692C.100 — NV Code / Title 57 / Chapter 692C / Section 692C.100
“Subsidiary” defined
Status: in_force

“ Subsidiary ” means an affiliate of a designated person who is controlled by such person directly or indirectly through one or more intermediaries.
Nev. Rev. Stat. § 679A.165 — NV Code / Title 57 / Chapter 679A / Section 679A.165
Required manner of obtaining insurance
Status: in_force

A person who is required by statute to obtain insurance or any other type of security as a condition of licensure or conducting business must obtain the insurance or other security in the manner set forth in NRS 277.067 , 277.069 , 277.0695 or 315.725 or from an insurer who is licensed or otherwise allowed to transact insurance under this title.
Nev. Rev. Stat. § 695J.010 — NV Code / Title 57 / Chapter 695J / Section 695J.010
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 695J.020 to 695J.070 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 695F.050 — NV Code / Title 57 / Chapter 695F / Section 695F.050
“Prepaid limited health service organization” defined
Status: in_force

1. “ Prepaid limited health service organization ” means any person who, in return for a prepayment, agrees to provide or arrange for the provision of one or more limited health services to enrollees.

2. The term does not include: (a) A person otherwise authorized pursuant to the laws of this state to provide a limited health service on a prepayment basis or any other basis or to indemnify for any limited health service; (b) A person who complies with the requirements of NRS 695F.130 ; or (c) A provider who provides or arranges for the provision of a limited health service pursuant to a contract with a prepaid limited health service organization or person described in paragraph (a) or (b).
Nev. Rev. Stat. § 690C.060 — NV Code / Title 57 / Chapter 690C / Section 690C.060
“Holder” defined
Status: in_force

“ Holder ” means a resident of this state who:

1. Purchases a service contract; or

2. Is legally in possession of a service contract and is entitled to enforce the rights of the original purchaser of the service contract.
Nev. Rev. Stat. § 695G.015 — NV Code / Title 57 / Chapter 695G / Section 695G.015
“Benefits” defined
Status: in_force

“ Benefits ” means those health care services to which a covered person is entitled under the terms of a health benefit plan.
Nev. Rev. Stat. § 686B.340 — NV Code / Title 57 / Chapter 686B / Section 686B.340
Conversion into domestic mutual insurer or domestic reciprocal insurer: Exemption from applicability of NRS 81.130 and 81.510
Status: in_force

The provisions of NRS 81.130 and 81.510 do not apply to the conversion of an essential insurance association to a domestic mutual insurer or a domestic reciprocal insurer as provided in NRS 686B.330 to 686B.370 , inclusive.
Nev. Rev. Stat. § 688D.090 — NV Code / Title 57 / Chapter 688D / Section 688D.090
Insurer required to compare policies of life insurance, annuities, benefit contracts and retained asset accounts against Death Master File at least semiannually; duties of insurer upon match; records; presumption of abandonment; disclosure of personal information; required confirmation of possible death if insurer maintains certain information under group life insurance policy; exception
Status: in_force

1. Except as otherwise provided by order of the Commissioner pursuant to NRS 688D.120 , each insurer shall, at least semiannually, for the purpose of paying death benefits to a beneficiary, perform a comparison against the Death Master File of the policies of life insurance, annuities, benefit contracts and retained asset accounts of its insureds which are in force. For the purposes of this subsection, a policy of life insurance, annuity, benefit contract or retained asset account is in force if, at the time of the death of the insured, the policy, annuity, contract or account has not lapsed, has not been cancelled or has not been terminated, and benefits are payable to a beneficiary or beneficiaries under the policy, annuity, contract or account.

2. Each insurer shall implement reasonable procedures to account for common variations in data that may otherwise preclude an exact match with the Death Master File.

3. Within 90 days after identifying a potential match resulting from a comparison of the Death Master File performed pursuant to subsection 1, the insurer shall: (a) Make a reasonable effort to confirm the death of the insured against any other available records and information; (b) Determine whether the deceased insured had purchased any other products of the insurer; and (c) Determine whether death benefits are due in accordance with the applicable policy of life insurance, annuity or benefit contract and, if death benefits are due: (1) Make a reasonable effort to locate each beneficiary; and (2) Provide to each beneficiary who is located the appropriate claim forms and instructions for making a claim under the policy of life insurance, annuity or benefit contract.

4. If the insurer determines that death benefits are due in accordance with the applicable policy, annuity or benefit contract, the insurer shall keep a complete record of all efforts made to locate each beneficiary.

5. If an insurer is unable to locate a beneficiary pursuant to this section, but is otherwise able to reasonably determine the death of an insured and determine that a death benefit is due in accordance with the applicable policy of life insurance, annuity or benefit contract, the death benefit, other than a death benefit payable pursuant to subsection 3 of NRS 695A.210 , shall be presumed abandoned in accordance with the provisions of NRS 120A.500 .

6. To the extent permitted by law, the insurer may disclose minimum necessary personal information about the insured or beneficiary to a person who the insurer reasonably believes may be able to assist the insurer in locating the beneficiary or a person otherwise entitled to payment of the claims proceeds.

7. With respect to a policy of group life insurance delivered or issued for delivery pursuant to chapter 688B of NRS , an insurer is required to confirm the possible death of an insured pursuant to this chapter if the insurer maintains at least the following information for the insured under such a policy: (a) Social security number or name and date of birth; (b) Beneficiary designation information; (c) Coverage eligibility; (d) Benefit amount; and (e) Premium payment status.
Nev. Rev. Stat. § 692C.300 — NV Code / Title 57 / Chapter 692C / Section 692C.300
Termination of registration
Status: in_force

The Commissioner shall terminate the registration of any insurer which demonstrates that it no longer is a member of an insurance holding company system.
Nev. Rev. Stat. § 694C.270 — NV Code / Title 57 / Chapter 694C / Section 694C.270
Suspension or revocation of license: Grounds; hearings
Status: in_force

1. The Commissioner may suspend or revoke the license of a captive insurer if, after a hearing, the Commissioner determines that: (a) The captive insurer: (1) Is insolvent or has impaired its required capital or surplus; (2) Has failed to meet a requirement of NRS 694C.250 , 694C.320 or 694C.330 ; (3) Has refused or failed to submit an annual report, as required by NRS 694C.400 , or any other report or statement required by law or by order of the Commissioner; (4) Has failed to comply with the provisions of its charter or bylaws; (5) Has failed to submit to an examination required pursuant to NRS 694C.410 ; (6) Has refused or failed to pay the cost of an examination required pursuant to NRS 694C.410 ; (7) Has used any method in transacting insurance pursuant to this chapter which is detrimental to the operation of the captive insurer or would make its condition unsound with respect to its policyholders or the general public; or (8) Has failed to pay taxes on premiums as required by NRS 694C.450 or otherwise to comply with the laws of this State; and (b) The suspension or revocation of the license of the captive insurer is in the best interest of its policyholders or the general public.

2. The provisions of NRS 679B.310 to 679B.370 , inclusive, apply to hearings conducted pursuant to this section.
Nev. Rev. Stat. § 690B.310 — NV Code / Title 57 / Chapter 690B / Section 690B.310
Prohibition against confidentiality of certain information relating to settlement of claim or action for breach of professional duty of certain practitioners
Status: in_force

1. If an agreement settles a claim or action against a practitioner licensed pursuant to chapter 630, 631, 632 or 633 of NRS for a breach of his or her professional duty toward a patient, the following terms of the agreement must not be made confidential: (a) The names of the parties; (b) The date of the incidents or events giving rise to the claim or action; (c) The nature of the claim or action as set forth in the complaint and the answer that is filed with the district court; and (d) The effective date of the agreement.

2. Any provision of an agreement to settle a claim or action that conflicts with this section is void.
Nev. Rev. Stat. § 683A.060 — NV Code / Title 57 / Chapter 683A / Section 683A.060
“Managing general agent” defined
Status: in_force

1. A “ managing general agent ” is a person who: (a) Negotiates and binds ceding reinsurance contracts on behalf of an insurer or manages all or part of the insurance business of an insurer, including the management of a separate division, department or underwriting office; and (b) Acts as an agent for the insurer and with or without the authority, either separately or together with affiliates: (1) Produces, directly or indirectly, and underwrites an amount of gross direct written premiums equal to or more than 5 percent of the policyholder surplus as reported in the last annual statement of the insurer in any one quarter or year; and (2) Adjusts or pays claims in excess of an amount determined by the Commissioner or negotiates reinsurance on behalf of the insurer.

2. A managing general agent includes a person with authority to appoint and to terminate the appointment of an agent for an insurer.

3. For the purposes of this chapter, the following are not managing general agents: (a) An employee of the insurer; (b) A manager of the United States branch of an alien insurer; (c) An attorney authorized by and acting for the subscribers of a reciprocal insurer or interinsurance exchange; and (d) An underwriting manager who, pursuant to a contract, manages all or part of the insurance operations of the insurer, is under common control with the insurer, is subject to the provisions of chapter 692C of NRS and whose compensation is not based on the volume of premiums written or the profit of the business written.
Nev. Rev. Stat. § 683A.1865 — NV Code / Title 57 / Chapter 683A / Section 683A.1865
Satisfaction of insurance requirement by occupant or prospective occupant as condition of rental agreement
Status: in_force

If insurance covering the losses described in paragraphs (a) and (b) of subsection 1 of NRS 683A.1855 is required as a condition of a rental agreement, that requirement may be satisfied by an occupant or a prospective occupant:

1. Purchasing personal property storage insurance from the licensee; or

2. Presenting to the owner of the facility evidence of other applicable insurance coverage.
Nev. Rev. Stat. § 686A.480 — NV Code / Title 57 / Chapter 686A / Section 686A.480
Prohibited payments: Membership in motor club; policy of insurance covering accidental death or dismemberment
Status: in_force

An agreement must not include any payment for:

1. Membership in a motor club, as that term is defined in NRS 696A.050 ; or

2. A policy of insurance covering accidental death or dismemberment, whether or not the policy is sold in combination with another policy.
Nev. Rev. Stat. § 689C.155 — NV Code / Title 57 / Chapter 689C / Section 689C.155
Regulations
Status: in_force

The Commissioner may adopt regulations to carry out the provisions of NRS 689C.109 to 689C.143 , inclusive, 689C.156 to 689C.159 , inclusive, 689C.165 , 689C.183 , 689C.187 , 689C.191 to 689C.198 , inclusive, 689C.203 , 689C.207 , 689C.265 , 689C.325 , 689C.355 and 689C.610 to 689C.940 , inclusive, and to ensure that rating practices used by carriers serving small employers are consistent with those sections, including regulations that:

1. Ensure that differences in rates charged for health benefit plans by such carriers are reasonable and reflect only differences in the designs of the plans, the terms of the coverage, the amount contributed by the employers to the cost of coverage and differences based on the rating factors established by the carrier.

2. Prescribe the manner in which rating factors may be used by such carriers.
Nev. Rev. Stat. § 682A.382 — NV Code / Title 57 / Chapter 682A / Section 682A.382
Loans to officers and directors prohibited
Status: in_force

1. Except as otherwise provided in NRS 682A.384 , an insurer shall not, without the prior written approval of the Commissioner, directly or indirectly: (a) Make a loan to, or another investment in, an officer or director of the insurer, or a person in which the officer or director has any direct or indirect financial interest; (b) Make a guarantee for the benefit of, or in favor of, an officer or director of the insurer, or a person in which the officer or director has any direct or indirect financial interest; or (c) Enter into an agreement for the purchase or sale of property from or to an officer or director of the insurer, or a person in which the officer or director has any direct or indirect financial interest.

2. For the purposes of this section, an officer or director shall not be deemed to have a financial interest by reason of an interest that is held directly or indirectly through the ownership of equity interests representing less than 2 percent of all outstanding equity interests issued by a person that is a party to the transaction, or solely by reason of that individual's position as a director or officer of a person that is a party to the transaction.

3. This section does not allow an investment that is prohibited by NRS 682A.380 .

4. This section does not apply to a transaction between an insurer and any of its subsidiaries or affiliates that is entered into in compliance with the provisions of chapter 692C of NRS , other than a transaction between an insurer and its officer or director.
Nev. Rev. Stat. § 690B.415 — NV Code / Title 57 / Chapter 690B / Section 690B.415
“Monitored autonomous vehicle provider” defined
Status: in_force

“Monitored autonomous vehicle provider” has the meaning ascribed to it in NRS 706A.047 .
Nev. Rev. Stat. § 695C.1699 — NV Code / Title 57 / Chapter 695C / Section 695C.1699
Required provision concerning coverage for certain drugs and services related to substance use disorder and opioid use disorder; reimbursement of pharmacists and pharmacies for certain services; prohibited acts
Status: in_force

1. A health maintenance organization that offers or issues a health care plan shall include in the plan 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 health maintenance organization. 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 health maintenance organization that offers or issues a health care plan shall reimburse a pharmacist or pharmacy that participates in the network plan of the health maintenance organization 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 health maintenance organization 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 health maintenance organization.

4. Except as otherwise provided in this subsection, a health maintenance organization shall not subject the benefits required by paragraphs (a), (b) and (c) of subsection 1 to medical management techniques, other than step therapy. A health maintenance organization 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 health maintenance organization 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 health maintenance organization shall ensure that the benefits required by subsection 1 are made available to an enrollee through a provider of health care who participates in the network plan of the health maintenance organization.

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, 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.

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 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. (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. § 695B.1924 — NV Code / Title 57 / Chapter 695B / Section 695B.1924
Required provision concerning coverage for drugs, laboratory testing and certain services related to human immunodeficiency virus and hepatitis C; reimbursement of certain providers of health care for certain services; prohibited acts
Status: in_force

1. A hospital or medical services corporation that offers or issues a policy of health insurance shall include in the policy coverage for: (a) All drugs approved by the United States Food and Drug Administration for preventing the acquisition of human immunodeficiency virus or treating human immunodeficiency virus or hepatitis C in the form recommended by the prescribing practitioner, regardless of whether the drug is included in the formulary of the hospital or medical services organization; (b) Laboratory testing that is necessary for therapy using a drug to prevent the acquisition of human immunodeficiency virus; (c) Any service to test for, prevent or treat human immunodeficiency virus or hepatitis C 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; and (d) The services described in NRS 639.28085 , when provided by a pharmacist who participates in the network plan of the hospital or medical services corporation.

2. A hospital or medical services corporation that offers or issues a policy of health insurance shall reimburse: (a) A pharmacist who participates in the network plan of the hospital or medical services corporation for the services described in NRS 639.28085 at a rate equal to the rate of reimbursement provided to a physician, physician assistant or advanced practice registered nurse for similar services. (b) An advanced practice registered nurse or a physician assistant who participates in the network plan of the hospital or medical services corporation for any service to test for, prevent or treat human immunodeficiency virus or hepatitis C at a rate equal to the rate of reimbursement provided to a physician for similar services.

3. A hospital or medical services corporation shall not: (a) Subject the benefits required by subsection 1 to medical management techniques, other than step therapy; (b) Limit the covered amount of a drug described in paragraph (a) of subsection 1; (c) Refuse to cover a drug described in paragraph (a) of subsection 1 because the drug is dispensed by a pharmacy through mail order service; or (d) Prohibit or restrict access to any service or drug to treat human immunodeficiency virus or hepatitis C on the same day on which the insured is diagnosed.

4. A hospital or medical services corporation 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 hospital or medical services corporation.

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

6. As used in this section: (a) “ Medical management technique ” means a practice which is used to control the cost or use of health care services or prescription drugs. The term includes, without limitation, the use of step therapy, prior authorization and categorizing drugs and devices based on cost, type or method of administration. (b) “ Network plan ” means a policy of health insurance offered by a hospital or medical services corporation under which the financing and delivery of medical care, including items and services paid for as medical care, are provided, in whole or in part, through a defined set of providers under contract with the hospital or medical services corporation. 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. § 684B.083 — NV Code / Title 57 / Chapter 684B / Section 684B.083
Payment of child support: Statement of applicant for license; grounds for denial of license; duty of Commissioner
Status: in_force

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

1. A natural person who applies for the issuance or renewal of a license as a motor vehicle physical damage appraiser shall submit to the Commissioner the statement prescribed by the Division of Welfare and Supportive Services of the Department of Health and Human Services pursuant to NRS 425.520 . The statement must be completed and signed by the applicant.

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

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

4. If an applicant indicates on the statement submitted pursuant to subsection 1 that the applicant is subject to a court order for the support of a child and is not in compliance with the order or a plan approved by the district attorney or other public agency enforcing the order for the repayment of the amount owed pursuant to the order, the Commissioner shall advise the applicant to contact the district attorney or other public agency enforcing the order to determine the actions that the applicant may take to satisfy the arrearage.
Nev. Rev. Stat. § 695F.151 — NV Code / Title 57 / Chapter 695F / Section 695F.151
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 prepaid limited health service 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 prepaid limited health service 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 enrollee; or (b) Require an enrollee, 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 enrollee who does not have such a health status.

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

4. A prepaid limited health service 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 enrollee 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 enrollee or an enrollee 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 prepaid limited health service organization ensures that the full discount under the wellness program is available to all similarly situated enrollees by providing a reasonable alternative standard by which an enrollee may qualify for the discount which, if based on health status, must accommodate the recommendations of the physician of the enrollee; and (e) The plan discloses in all plan materials describing the terms of the wellness program, and in any disclosure that an enrollee 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. § 689B.063 — NV Code / Title 57 / Chapter 689B / Section 689B.063
Primary and secondary policies: Determination of benefits
Status: in_force

1. When a policy of group insurance is primary, its benefits are determined before those of another policy and the benefits of another policy are not considered. When a policy of group insurance is secondary, its benefits are determined after those of another policy. Secondary benefits may not be reduced because of benefits under the primary policy. When there are more than two policies, a policy may be primary as to one and may be secondary as to another.

2. The benefits payable under a policy of group health insurance may not be reduced because of any benefits payable under health insurance on a franchise plan or first-party coverage under an automobile insurance policy.

3. As used in this section, “ a policy of group insurance ” includes Medicare.
Nev. Rev. Stat. § 695B.340 — NV Code / Title 57 / Chapter 695B / Section 695B.340
Effect of eligibility for medical assistance under Medicaid; assignment of rights to state agency
Status: in_force

1. A corporation shall not, when considering eligibility for coverage or making payments under a contract, consider the availability of, or any eligibility of a person for, medical assistance under Medicaid.

2. To the extent that payment has been made by Medicaid for health care, a corporation: (a) Shall treat Medicaid as having a valid and enforceable assignment of benefits of a subscriber or policyholder or claimant under the subscriber or policyholder regardless of any exclusion of Medicaid or the absence of a written assignment; and (b) May, as otherwise allowed by the policy, evidence of coverage or contract and applicable law or regulation concerning subrogation, seek to enforce any rights of a recipient of Medicaid against any other liable party if: (1) It is so authorized pursuant to a contract with Medicaid for managed care; or (2) It has reimbursed Medicaid in full for the health care provided by Medicaid to its subscriber or policyholder.

3. If a state agency is assigned any rights of a person who is: (a) Eligible for medical assistance under Medicaid; and (b) Covered by a contract, the corporation that issued the contract shall not impose any requirements upon the state agency except requirements it imposes upon the agents or assignees of other persons covered by the same contract.

4. If a state agency is assigned any rights of a subscriber or policyholder who is eligible for medical assistance under Medicaid, a corporation shall: (a) Upon request of the state agency, provide to the state agency information regarding the subscriber or policyholder to determine: (1) Any period during which the subscriber or policyholder, the spouse or a dependent of the subscriber or policyholder may be or may have been covered by a contract; and (2) The nature of the coverage that is or was provided by the corporation, including, without limitation, the name and address of the subscriber or policyholder and the identifying number of the contract; (b) Respond to any inquiry by the state agency regarding a claim for payment for the provision of any medical item or service not later than 3 years after the date of the provision of the medical item or service; and (c) Agree not to deny a claim submitted by the state agency solely on the basis of the date of submission of the claim, the type or format of the claim form or failure to present proper documentation at the point of sale that is the basis for the claim if: (1) The claim is submitted by the state agency not later than 3 years after the date of the provision of the medical item or service; and (2) Any action by the state agency to enforce its rights with respect to such claim is commenced not later than 6 years after the submission of the claim.
Nev. Rev. Stat. § 681A.1552 — NV Code / Title 57 / Chapter 681A / Section 681A.1552
Certified reinsurer: Additional eligibility requirements for associations
Status: in_force

An association that includes incorporated and individual unincorporated underwriters may be a certified reinsurer. In addition to satisfying the requirements of NRS 681A.1551 , to be eligible for certification:

1. The association must satisfy its minimum capital and surplus requirements through the capital and surplus equivalents, net of liabilities, of the association and its members, which must include a joint central fund that may be applied to any unsatisfied obligation of the association or any of its members, in an amount determined by the Commissioner to provide adequate protection;

2. The incorporated members of the association must not engage in any business other than underwriting as a member of the association and are subject to the same level of regulation and solvency control by the association's domiciliary regulator as are the unincorporated members; and

3. Within 90 days after its financial statements are due to be filed with the association's domiciliary regulator, the association must provide to the Commissioner an annual certification by the association's domiciliary regulator of the solvency of each underwriter member or, if a certification is unavailable, financial statements prepared by independent public accountants of each underwriter member.
Nev. Rev. Stat. § 681A.250 — NV Code / Title 57 / Chapter 681A / Section 681A.250
Definitions
Status: in_force

As used in NRS 681A.250 to 681A.580 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 681A.260 to 681A.410 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 688B.100 — NV Code / Title 57 / Chapter 688B / Section 688B.100
Payment of benefits
Status: reserved

The group life insurance policy shall contain a provision that any sum becoming due by reason of the death of the person insured shall be payable to the beneficiary designated by the person insured, subject to the provision of the policy if there is no designated beneficiary, as to all or any part of such sum, living at the death of the person insured, and subject to any right reserved by the insurer in the policy and set forth in the certificate to pay at its option a part of such sum not exceeding $500 to any person appearing to the insurer to be equitably entitled thereto by reason of having incurred funeral or other expenses incident to the last illness or death of the person insured.
Nev. Rev. Stat. § 688A.010 — NV Code / Title 57 / Chapter 688A / Section 688A.010
Scope
Status: in_force

This chapter, with the exception of NRS 688A.390 , applies only to contracts of life insurance, endowment and annuities, other than reinsurance, group life insurance and group annuities.
Nev. Rev. Stat. § 695E.170 — NV Code / Title 57 / Chapter 695E / Section 695E.170
Applicability of other provisions; duties of agent or broker
Status: in_force

1. A risk retention group and its agents and representatives are subject to the provisions of: (a) NRS 680A.205 and any regulations adopted pursuant thereto, including, without limitation, regulations relating to the standards which may be used by the Commissioner in determining whether a risk retention group is in a hazardous financial condition. (b) NRS 686A.010 to 686A.310 , inclusive. Any injunction obtained pursuant to those sections must be obtained from a court of competent jurisdiction.

2. All premiums paid for coverages within this state to a risk retention group are subject to the provisions of chapter 680B of NRS . Each risk retention group shall report all premiums paid to it and shall pay the taxes on premiums and any related fines or penalties for risks resident, located or to be performed in the state.

3. Any person acting as an agent or a broker for a risk retention group pursuant to NRS 695E.210 shall: (a) Report to the Commissioner each premium for direct business for risks resident, located or to be performed in this State which the person has placed with or on behalf of a risk retention group that is not chartered in this State. (b) Maintain a complete and separate record of each policy obtained from each risk retention group. Each record maintained pursuant to this subsection must be made available upon request by the Commissioner for examination pursuant to NRS 679B.240 , and must include, for each policy and each kind of insurance provided therein: (1) The limit of liability; (2) The period covered; (3) The effective date; (4) The name of the risk retention group which issued the policy; (5) The gross annual premium charged; and (6) The amount of return premiums, if any.

4. As used in this section, “ premiums for direct business ” means any premium written in this State for a policy of insurance. The term does not include any premium for reinsurance or for a contract between members of a risk retention group.
Nev. Rev. Stat. § 683A.088 — NV Code / Title 57 / Chapter 683A / Section 683A.088
Payment of claims by check or draft
Status: in_force

Each claim paid by the administrator from money collected for or on behalf of an insurer must be paid by a check or draft upon and as authorized by the insurer.
Nev. Rev. Stat. § 692C.120 — NV Code / Title 57 / Chapter 692C / Section 692C.120
Rules, regulations and orders
Status: in_force

The Commissioner may, pursuant to NRS 679B.130 , issue such rules, regulations and orders as shall be necessary to carry out the provisions of this chapter.
Nev. Rev. Stat. § 694C.055 — NV Code / Title 57 / Chapter 694C / Section 694C.055
“Branch captive insurer” defined
Status: in_force

“ Branch captive insurer ” means an alien captive insurer licensed pursuant to this chapter to transact the business of insurance through a business unit with a principal place of business in this State.
Nev. Rev. Stat. § 689.510 — NV Code / Title 57 / Chapter 689 / Section 689.510
Permit: Revocation; suspension
Status: in_force

1. After giving written notice of charges to the seller, not less than 30 days in advance of a hearing, the Commissioner may, after the hearing, revoke the seller's permit if the seller: (a) Obtained the permit through misrepresentation or concealment of a material fact; (b) Is no longer qualified for such a permit; or (c) Violates any provision of NRS 689.450 to 689.595 , inclusive, or any lawful order or regulation of the Commissioner.

2. If a seller is found to be in violation of paragraph (c) of subsection 1, the Commissioner may, in lieu of revocation, suspend the seller's permit for a period not to exceed 90 days.
Nev. Rev. Stat. § 689.550 — NV Code / Title 57 / Chapter 689 / Section 689.550
Prepaid contracts: Credit life insurance
Status: in_force

If the purchase price for a prepaid contract is to be paid in installments, the seller may make available to the buyer credit life insurance on a form and terms filed with and approved by the Commissioner. The buyer must be provided with a certificate of the credit insurance by the seller or as otherwise required by the Commissioner.
Nev. Rev. Stat. § 686B.1771 — NV Code / Title 57 / Chapter 686B / Section 686B.1771
Insurer not required to issue policy of industrial insurance to any particular employer; plan for apportionment among insurers of persons entitled to insurance who have not been accepted by an insurer; approval of rates for plan by Commissioner; regulations
Status: in_force

1. No insurer is required to issue to any particular employer a policy for industrial insurance.

2. The Commissioner shall approve a plan submitted by the Advisory Organization for equitable apportionment among insurers of those persons who in good faith are entitled to insurance but who have not been accepted by an insurer. Every insurer shall participate in the plan. The Commissioner shall adopt regulations to carry out the plan.

3. The Advisory Organization shall submit to the Commissioner the rates, supplementary rate information and forms for policies for the plan at least 60 days before they become effective. The rates submitted to the Commissioner must: (a) Reflect the experience of the persons insured pursuant to the plan to the extent that those rates are actuarially appropriate. (b) Be actuarially determined to ensure that the plan is self-sustaining.

4. The Commissioner shall disapprove any rates for the plan which do not meet the standards of NRS 686B.050 . The rates shall be deemed to be approved unless they are disapproved by the Commissioner within 60 days after they are filed pursuant to the procedures in NRS 686B.1775 .
Nev. Rev. Stat. § 689A.535 — NV Code / Title 57 / Chapter 689A / Section 689A.535
“Group health plan” defined
Status: in_force

1. “ Group health plan ” means an employee welfare benefit plan, as defined in section 3(1) of the Employee Retirement Income Security Act of 1974, as that section existed on July 16, 1997, to the extent that the plan provides medical care to employees or their dependents as defined under the terms of the plan directly, or through insurance, reimbursement or otherwise.

2. The term does not include: (a) Coverage that is only for accident or disability income insurance, or any combination thereof; (b) Coverage issued as a supplement to liability insurance; (c) Liability insurance, including general liability insurance and automobile liability insurance; (d) Workers' compensation or similar insurance; (e) Coverage for medical payments under a policy of automobile insurance; (f) Credit insurance; (g) Coverage for on-site medical clinics; and (h) Other similar insurance coverage specified in federal regulations adopted pursuant to Public Law 104-191 under which benefits for medical care are secondary or incidental to other insurance benefits.

3. The term does not include the following benefits if the benefits are provided under a separate policy, certificate or contract of insurance or are otherwise not an integral part of a health benefit plan: (a) Limited-scope dental or vision benefits; (b) Benefits for long-term care, nursing home care, home health care or community-based care, or any combination thereof; and (c) Such other similar benefits as are specified in federal regulations adopted pursuant to Public Law 104-191.

4. The term does not include the following benefits if the benefits are provided under a separate policy, certificate or contract of insurance, there is no coordination between the provision of the benefits and any exclusion of benefits under any group health plan maintained by the same plan sponsor, and such benefits are paid for a claim without regard to whether benefits are provided for such a claim under any group health plan maintained by the same plan sponsor: (a) Coverage that is only for a specified disease or illness; and (b) Hospital indemnity or other fixed indemnity insurance.

5. The term does not include any of the following, if offered as a separate policy, certificate or contract of insurance: (a) Medicare supplemental health insurance as defined in section 1882(g)(1) of the Social Security Act, as that section existed on July 16, 1997; (b) Coverage supplemental to the coverage provided pursuant to chapter 55 of Title 10, United States Code (Civilian Health and Medical Program of Uniformed Services (CHAMPUS)); and (c) Similar supplemental coverage provided under a group health plan.
Nev. Rev. Stat. § 685B.080 — NV Code / Title 57 / Chapter 685B / Section 685B.080
Penalty; liability for payment of premium taxes
Status: in_force

1. Any unauthorized insurer who transacts any unauthorized act of an insurance business as set forth in the Unauthorized Insurers Act may be fined not more than $10,000 for each act or violation.

2. In addition to the penalties provided in subsection 1, such a violator is liable, personally, jointly and severally with any other person liable therefor, for the payment of premium taxes at the same rate of tax as imposed by law on the premiums of similar coverages written by authorized insurers.
Nev. Rev. Stat. § 679A.094 — NV Code / Title 57 / Chapter 679A / Section 679A.094
“Grandfathered plan” defined
Status: in_force

“ Grandfathered plan ” means a health benefit plan that meets the requirements of 42 U.S.C. § 18011 .
Nev. Rev. Stat. § 693A.440 — NV Code / Title 57 / Chapter 693A / Section 693A.440
Resolution by board of directors; plan of conversion
Status: reserved

1. The board of directors of a domestic mutual insurer or a mutual insurance holding company may adopt a resolution proposing a plan of conversion and an amendment to its articles of incorporation. The resolution must be approved by a vote of not less than two-thirds of the members of the board.

2. The plan of conversion must: (a) Require the distribution of consideration equal to not less than the fair market value of the surplus of the converting mutual to the eligible members in exchange for the extinguishment of their membership interests in the converting mutual. (b) Describe the manner in which the fair market value of the converting mutual and its surplus has been or will be determined. (c) Require the distribution of consideration to the eligible members upon extinguishment of their membership interests in the converting mutual. (d) Provide that membership interests in the converting mutual are extinguished as of the effective date of conversion. (e) Specify the structure and form of the proposed consideration, including, without limitation, the projected range of the number of shares of capital stock to be: (1) Issued to policyholders by the new stock insurer or the holding company of the new stock insurer; and (2) Sold or reserved for sale to investors by the new stock insurer or the holding company of the new stock insurer, or to the trust established pursuant to this section. (f) If the distribution of consideration will not be made immediately following the final order of the Commissioner approving the conversion, provide for the establishment of a trust for the exclusive benefit of policyholders into which shares of the capital stock of the new stock insurer or the holding company of the new stock insurer must be placed pending distribution to the policyholders. The terms of the trust are subject to the approval of the Commissioner. Such a trust may exist only for a period of 6 months after the final approval of the conversion, during which time the distribution of consideration to eligible policyholders and other persons must be completed. (g) Provide for the determination of the reasonable dividend expectations of eligible members and other policyholders of policies that provide for distribution of policy dividends and the preservation of such expectations through the establishment of a closed block of assets. (h) Provide for such other proposed conditions and provisions as the board of directors of the converting mutual determines are necessary and are not inconsistent with the provisions of NRS 693A.400 to 693A.540 , inclusive.
Nev. Rev. Stat. § 693A.450 — NV Code / Title 57 / Chapter 693A / Section 693A.450
Public hearing on application
Status: in_force

The Commissioner shall conduct a public hearing not later than 120 days after the date on which the application is filed unless, for good cause, the Commissioner extends this time. Any interested person may appear or otherwise be heard at the public hearing. The Commissioner may continue the hearing for a reasonable period, not to exceed 60 days. The converting mutual shall give such reasonable notice of the hearing as the Commissioner requires. The hearing must be conducted pursuant to NRS 679B.320 to 679B.370 , inclusive.
Nev. Rev. Stat. § 686C.2247 — NV Code / Title 57 / Chapter 686C / Section 686C.2247
Assumption of reinsurance contracts: Applicability of other provisions
Status: in_force

The provisions of NRS 686C.224 to 686C.2249 , inclusive, supersede the provisions of any state law or of any affected reinsurance contract that provides for or requires any payment of reinsurance proceeds, on account of losses or events that occur in periods after the date of an order of liquidation, to the receiver of the insolvent insurer or any other person. The receiver shall remain entitled to any amounts payable by the reinsurer pursuant to the reinsurance contracts with respect to losses or events that occur in periods before the date of the order of liquidation, subject to applicable set-off provisions.
Nev. Rev. Stat. § 682A.330 — NV Code / Title 57 / Chapter 682A / Section 682A.330
Computation of limitations based on admitted assets
Status: in_force

Unless otherwise specified, an investment limitation computed on the basis of an insurer's admitted assets or capital and surplus shall relate to the amount required to be shown on the statutory balance sheet of the insurer most recently required to be filed with the Commissioner. For purposes of computing any limitation based on admitted assets, the insurer shall deduct from the amount of its admitted assets the amount of the liability recorded on its statutory balance sheet for:

1. The return of acceptable collateral received in a reverse repurchase transaction or a securities lending transaction;

2. Cash received in a dollar roll transaction; and

3. The amount reported as borrowed money in the most recently filed financial statement to the extent not included in subsections 1 and 2.
Nev. Rev. Stat. § 691C.260 — NV Code / Title 57 / Chapter 691C / Section 691C.260
Coverage
Status: in_force

Credit personal property insurance must:

1. At a minimum, include the coverage in the standard fire policy with coverage attachment and extended coverage endorsement; and

2. Cover a substantial risk of loss of or damage to the property related to the credit transaction.
Nev. Rev. Stat. § 693A.230 — NV Code / Title 57 / Chapter 693A / Section 693A.230
Mutual insurers: Levy of contingent liability
Status: in_force

1. If at any time the assets of a domestic mutual insurer are less than its liabilities and the minimum amount of surplus required to be maintained by it under this Code for authority to transact the kinds of insurance being transacted, and the deficiency is not cured from other sources, its directors may, if the same is approved by the Commissioner as being reasonable and in the best interests of the insurer and its members, levy an assessment only on its members who held policies providing for contingent liability at any time within the 12 months next preceding the date the levy was authorized by the board of directors, and such members shall be liable to the insurer for the amount so assessed.

2. The levy of assessment shall be for such an amount as is required to cure such deficiency and to provide a reasonable amount of working funds above such minimum amount of surplus, but such working funds so provided shall not exceed 5 percent of the sum of the insurer's liabilities and such minimum required surplus as of the date of the levy.

3. As to the respective policies subject to the levy, the assessment shall be computed upon the basis of the premium earned during the period covered by the levy.

4. No member shall have an offset against any assessment for which the member is liable, on account of any claim for unearned premium or loss payable.

5. As to life insurance, any part of such an assessment upon a member which remains unpaid following a notice of assessment, demand for payment and lapse of a reasonable waiting period as specified in such notice may, if approved by the Commissioner as being in the best interests of the insurer and its members, be secured by placing a lien upon the cash surrender values and accumulated dividends held or to be held by the insurer to the credit of the member's policy.
Nev. Rev. Stat. § 689B.03785 — NV Code / Title 57 / Chapter 689B / Section 689B.03785
Required provisions concerning coverage for certain services, screenings and tests relating to wellness; prohibited acts
Status: in_force

1. An insurer that offers or issues a policy of group health insurance shall include in the policy coverage for: (a) Counseling, support and supplies for breastfeeding, including breastfeeding equipment, counseling and education during the antenatal, perinatal and postpartum period for not more than 1 year; (b) Screening and counseling for interpersonal and domestic violence for women at least annually with initial intervention services consisting of education, strategies to reduce harm, supportive services or a referral for any other appropriate services; (c) Behavioral counseling concerning sexually transmitted diseases from a provider of health care for sexually active women who are at increased risk for such diseases; (d) Such prenatal screenings and tests as recommended by the American College of Obstetricians and Gynecologists or its successor organization; (e) Screening for blood pressure abnormalities and diabetes, including gestational diabetes, after at least 24 weeks of gestation or as ordered by a provider of health care; (f) Screening for cervical cancer at such intervals as are recommended by the American College of Obstetricians and Gynecologists or its successor organization; (g) Screening for depression; (h) Screening and counseling for the human immunodeficiency virus consisting of a risk assessment, annual education relating to prevention and at least one screening for the virus during the lifetime of the insured or as ordered by a provider of health care; (i) Smoking cessation programs for an insured who is 18 years of age or older consisting of not more than two cessation attempts per year and four counseling sessions per year; (j) All vaccinations recommended by the Advisory Committee on Immunization Practices of the Centers for Disease Control and Prevention of the United States Department of Health and Human Services or its successor organization; and (k) Such well-woman preventative visits as recommended by the Health Resources and Services Administration, which must include at least one such visit per year beginning at 14 years of age.

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

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

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

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

6. As used in this section: (a) “ Medical management technique ” means a practice which is used to control the cost or utilization of health care services or prescription drug use. The term includes, without limitation, the use of step therapy, prior authorization or categorizing drugs and devices based on cost, type or method of administration. (b) “ Network plan ” means a policy of group health insurance offered by an insurer under which the financing and delivery of medical care, including items and services paid for as medical care, are provided, in whole or in part, through a defined set of providers under contract with the insurer. The term does not include an arrangement for the financing of premiums. (c) “Provider of health care” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 686B.170 — NV Code / Title 57 / Chapter 686B / Section 686B.170
Examination of service organizations by Commissioner
Status: in_force

1. Whenever the Commissioner deems it necessary in order to inform himself or herself about any matter related to the enforcement of the insurance laws, the Commissioner may examine the affairs and condition of any rate service organization under subsection 1 of NRS 686B.130 . So far as reasonably necessary for an examination pursuant to this subsection, the Commissioner may examine the accounts, records, documents or evidences of transactions, so far as they relate to the examinee, of any officer, manager, general agent, employee, person who has executive authority over or is in charge of any segment of the examinee's affairs, person controlling or having a contract under which the person has the right to control the examinee whether exclusively or with others, person who is under the control of the examinee, or any person who is under the control of a person who controls or has a right to control the examinee whether exclusively or with others. On demand every examinee under this subsection shall make available to the Commissioner for examination any of its own accounts, records, documents or evidences of transactions and any of those of the persons listed in this subsection.

2. The Commissioner shall examine every licensed rate service organization at intervals to be established by rule.

3. In lieu of all or part of an examination conducted pursuant to subsections 1 and 2, or in addition to it, the Commissioner may order an independent audit by certified public accountants or actuarial evaluation by actuaries approved by the Commissioner of any person subject to the examination requirement. Any accountant or actuary selected is subject to rules respecting conflicts of interest promulgated by the Commissioner. Any audit or evaluation conducted pursuant to this subsection is subject to subsections 6 to 15, inclusive, so far as appropriate.

4. In lieu of all or part of an examination conducted pursuant to this section, the Commissioner may accept the report of an audit already made by certified public accountants or actuarial evaluation by actuaries approved by the Commissioner, or the report of an examination made by the insurance department of another state.

5. An examination may cover comprehensively all aspects of the examinee's affairs and condition. The Commissioner shall determine the exact nature and scope of each examination, and in doing so shall take into account all relevant factors, including but not limited to the length of time the examinee has been operating, the length of time the examinee has been licensed in this state, the nature of the services provided, the nature of the accounting records available and the nature of examinations performed elsewhere.

6. For each examination conducted pursuant to this section, the Commissioner shall issue an order stating the scope of the examination and designating the examiner in charge. Upon demand a copy of the order must be exhibited to the examinee.

7. Any examiner authorized by the Commissioner shall, so far as necessary to the purposes of the examination, have access at all reasonable hours to the premises and to any books, records, files, securities, documents or property of the examinee and to those of persons listed in subsection 1 so far as they relate to the affairs of the examinee.

8. The officer, employees and agents of the examinee and of persons listed in subsection 1 shall comply with every reasonable request of the examiners for assistance in any matter relating to the examination. A person shall not obstruct or interfere with the examination in any way other than by legal process.

9. If the Commissioner finds the accounts or records to be inadequate for proper examination of the condition and affairs of the examinee or improperly kept or posted, the Commissioner may employ experts to rewrite, post or balance them at the expense of the examinee.

10. The examiner in charge of an examination shall make a proposed report of the examination which must include such information and analysis as is ordered in subsection 6, together with the examiner's recommendations. Preparation of the proposed report may include conferences with the examinee or the representatives of the examinee at the option of the examiner in charge. The proposed report is confidential until filed in accordance with subsection 11.

11. The Commissioner shall serve a copy of the proposed report upon the examinee. Within 20 days after service, the examinee may serve upon the Commissioner a written demand for a hearing on the contents of the report. If a hearing is demanded, the Commissioner shall give notice and hold a hearing pursuant to NRS 679B.310 to 679B.370 , inclusive, except that on demand by the examinee the hearing must be private. Within 60 days after the hearing or if no hearing is demanded then within 60 days after the last day on which the examinee might have demanded a hearing, the Commissioner shall adopt the report with any necessary modifications and file it for public inspection, or the Commissioner shall order a new examination.

12. The Commissioner shall forward a copy of the examination report to the examinee immediately upon adoption, except that if the proposed report is adopted without change, the Commissioner need only so notify the examinee.

13. The examinee shall forthwith furnish copies of the adopted report to each member of its board of directors or other governing board.

14. The Commissioner may furnish, without cost or at a price to be determined by the Commissioner, a copy of the adopted report to the insurance commissioner of each state in the United States and of each foreign jurisdiction in which the examinee is licensed and to any other interested person in this state or elsewhere.

15. In any proceeding by or against the examinee or any officer or agent thereof the examination report as adopted by the Commissioner is admissible as evidence of the facts stated therein. In any proceeding by or against the examinee, the facts asserted in any report properly admitted in evidence are presumed to be true in the absence of contrary evidence.

16. The reasonable costs of an examination conducted pursuant to this section must be paid by the examinee except as otherwise provided in subsection 19. These costs include the salary and expenses of each examiner and any other expenses which are directly apportioned to the examination.

17. The amount payable pursuant to subsection 16 is due 10 days after the examinee has been served a detailed account of the costs.

18. The Commissioner may require any examinee, before or from time to time during an examination to deposit with the State Treasurer such deposits as the Commissioner deems necessary to pay the costs of the examination. Any deposit and any payment made pursuant to subsections 16 and 17 must be deposited in the Fund for Insurance Administration and Enforcement.

19. On the examinee's request or on the motion of the Commissioner, the Commissioner may pay all or part of the costs of an examination whenever the Commissioner finds that, because of the frequency of examinations or other factors, imposition of the costs would place an unreasonable burden on the examinee. The Commissioner shall include in his or her annual report information about any instance in which the Commissioner applied this subsection.

20. Deposits and payments made pursuant to subsections 16 to 19, inclusive, shall not be deemed to be a tax or license fee within the meaning of any statute. If any other state charges a per diem fee for examination of examinees domiciled in this state, any examinee domiciled in that other state shall pay the same fee when examined by the Commissioner of Insurance of this state.
Nev. Rev. Stat. § 690B.024 — NV Code / Title 57 / Chapter 690B / Section 690B.024
Authority of claimant to authorize other party to receive certain information; obligation of insurer of other party to provide certain information relating to claim for compensation under policy of motor vehicle insurance
Status: in_force

1. A claimant or any attorney representing the claimant may provide to the party against whom a claim is asserted for compensation or damages for any mental or physical injury under a policy of motor vehicle insurance or any attorney of the party and to the insurer of the party a written authorization to receive all medical reports, records, films and bills related to the claim from the providers of health care. An authorization so provided may not be revoked without cause.

2. If a written authorization is provided pursuant to subsection 1, the insurer of the party shall, within 5 business days after receiving the written authorization, disclose to the claimant or any attorney representing the claimant a copy of the declarations page of the policy of motor vehicle insurance. The insurer of the party may redact personal information from the declarations page of the policy, except that the name of the party and the policy limits must not be redacted.

3. At the written request of the claimant or the attorney of the claimant, copies of all medical reports, records, films and bills obtained by a written authorization pursuant to subsection 1 must be provided to the claimant or the attorney of the claimant within 30 days after the date they are received by the party, any attorney of the party or the insurer of the party. If the claimant or the attorney of the claimant makes a written request for the medical reports, records, films and bills, the claimant or the attorney of the claimant shall pay for the reasonable costs of copying the medical reports, records, films and bills.

4. As used in this section, “provider of health care” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 695A.555 — NV Code / Title 57 / Chapter 695A / Section 695A.555
Nonexemption of societies from certain fees
Status: in_force

Societies are not exempt from the provisions of NRS 679B.700 . If a society is an admitted health insurer, as that term is defined in NRS 449.450 , it is not exempt from the fees imposed pursuant to NRS 449.465 .
Nev. Rev. Stat. § 684A.120 — NV Code / Title 57 / Chapter 684A / Section 684A.120
Form and contents of license; trade name requirements; authority of Commissioner to contract for ministerial functions related to licensing
Status: in_force

1. The Commissioner shall prescribe the form of the adjuster license, which shall state: (a) The licensee's name, business address and a personal identification number; (b) The classification of the license, whether as an independent adjuster, a public adjuster, a company adjuster or a staff adjuster; (c) Date of issuance and general conditions as to expiration and termination; and (d) Such other conditions as the Commissioner deems proper.

2. The Commissioner may not issue a license in a trade name unless the name has been registered as provided by law.

3. In order to assist in the performance of the Commissioner's duties, the Commissioner may contract with any nongovernmental entity, including, without limitation, the National Association of Insurance Commissioners or its affiliates or subsidiaries, to perform any ministerial function, including, without limitation, the collection of fees and data, relating to licensing, that the Commissioner deems appropriate.
Nev. Rev. Stat. § 689A.0417 — NV Code / Title 57 / Chapter 689A / Section 689A.0417
Coverage for health care services related to hormone replacement therapy required in policy covering outpatient care; prohibited acts
Status: in_force

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

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

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

4. As used in this section, “provider of health care” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 680B.035 — NV Code / Title 57 / Chapter 680B / Section 680B.035
General tax on premiums: Payments by domestic insurers
Status: in_force

A domestic insurer doing business in a state in which it is not licensed and to which it does not pay a premium tax, shall report and pay the tax on that business to the State of Nevada as though that business were transacted in this state.
Nev. Rev. Stat. § 686B.1782 — NV Code / Title 57 / Chapter 686B / Section 686B.1782
Agreements to lessen competition among insurers prohibited; insurers prohibited from agreeing to rates established in manner that conflicts with provisions
Status: in_force

1. No insurer or advisory organization may make any agreement with any person, insurer or advisory organization to restrain trade unreasonably or to lessen substantially the competition between insurers.

2. No insurer may agree to use any rate, rating plan or rating rules, other than the uniform plan for rating experience, except as necessary to comply with the provisions of this chapter concerning the activity of the Advisory Organization and insurers relating to the Uniform Statistical Plan, the Uniform Plan for Rating Experience and the Uniform System of Classifications of Risks and the development of subclassifications.

3. The fact that two or more insurers, whether or not they subscribe to the Advisory Organization, use consistently or intermittently the same rates, rating plans, rating schedules, rating rules, classifications for rates, rules for underwriting, surveys, inspections or similar materials does not require a finding by the Commissioner that an agreement to restrain trade or lessen competition exists.

4. Two or more insurers which are commonly owned or operated in this state with common management or control may act or agree to act among themselves as if they were a single insurer for any activities authorized by NRS 686B.1751 to 686B.1799 , inclusive.
Nev. Rev. Stat. § 695A.257 — NV Code / Title 57 / Chapter 695A / Section 695A.257
Benefit contract covering prescription drugs: Required actions by society related to acquisition of prescription drugs for certain insureds residing in area for which emergency or disaster has been declared
Status: in_force

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

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

3. As used in this section, “practitioner” has the meaning ascribed to it in NRS 639.0125 .
Nev. Rev. Stat. § 689A.0418 — NV Code / Title 57 / Chapter 689A / Section 689A.0418
Coverage for drug or device for contraception and related health services required; prohibited acts; exceptions
Status: in_force

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

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

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

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

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

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

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

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

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

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

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

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

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

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

15. As used in this section: (a) “ In-network pharmacy ” means a pharmacy that has entered into a contract with an insurer to provide services to insureds through a network plan offered or issued by the insurer. (b) “ Medical management technique ” means a practice which is used to control the cost or utilization of health care services or prescription drug use. The term includes, without limitation, the use of step therapy, prior authorization or categorizing drugs and devices based on cost, type or method of administration. (c) “ Network plan ” means a policy of health insurance offered by an insurer under which the financing and delivery of medical care, including items and services paid for as medical care, are provided, in whole or in part, through a defined set of providers under contract with the insurer. The term does not include an arrangement for the financing of premiums. (d) “ Provider network contract ” means a contract between an insurer and a provider of health care or pharmacy specifying the rights and responsibilities of the insurer and the provider of health care or pharmacy, as applicable, for delivery of health care services pursuant to a network plan. (e) “ Provider of health care ” has the meaning ascribed to it in NRS 629.031 . (f) “ Therapeutic equivalent ” means a drug which: (1) Contains an identical amount of the same active ingredients in the same dosage and method of administration as another drug; (2) Is expected to have the same clinical effect when administered to a patient pursuant to a prescription or order as another drug; and (3) Meets any other criteria required by the Food and Drug Administration for classification as a therapeutic equivalent.
Nev. Rev. Stat. § 692B.050 — NV Code / Title 57 / Chapter 692B / Section 692B.050
“Insurance holding corporation” defined; Massachusetts trusts
Status: in_force

1. As used in this Code, an insurance holding corporation is a corporation, whether or not incorporated under the laws of this state, owning or holding, or proposing to own or hold, a controlling stock interest in a domestic stock insurer. Shares owned directly or indirectly by the corporation or by its subsidiary or affiliate corporation, firm or organization, or by its officers, directors or principal stockholders, shall be deemed to be owned or held by the corporation for the purposes of this section.

2. For the purposes of this chapter that type of organization known as a “ Massachusetts trust ” shall be deemed to be a corporation.
Nev. Rev. Stat. § 686A.410 — NV Code / Title 57 / Chapter 686A / Section 686A.410
Examination of company by Commissioner
Status: in_force

The Commissioner may conduct an examination of a company at any time in accordance with NRS 679B.250 to 679B.287 , inclusive. The expense of the examination must be borne by the company in accordance with NRS 679B.290 as if the company were an insurer.
Nev. Rev. Stat. § 683A.385 — NV Code / Title 57 / Chapter 683A / Section 683A.385
Suspension of certificate of registration or license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of certificate of registration or 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 certificate of registration as an administrator or a license as a producer of insurance or managing general agent, the Commissioner shall suspend the certificate of registration or license issued to that person 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 certificate of registration or license by the district attorney or other public agency pursuant to NRS 425.550 stating that the holder of the certificate of registration or license has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560 .

2. The Commissioner shall reinstate a certificate of registration as an administrator or a license as a producer of insurance or managing general agent 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 certificate of registration or license was suspended stating that the person whose certificate of registration or license was suspended has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560 .
Nev. Rev. Stat. § 686A.260 — NV Code / Title 57 / Chapter 686A / Section 686A.260
Revocation or suspension of license for violation of laws of other state
Status: in_force

The Commissioner may revoke or suspend the license of any person domiciled or resident in Nevada and licensed to transact insurance in Nevada as insurer, agent, broker or otherwise, upon a hearing and proof that such person, as the result of a hearing before the commissioner, director or superintendent of insurance or insurance department of another state, or in a judicial proceeding in another state, has been found to have violated the insurance laws of that state relating to unfair methods of competition or unfair or deceptive acts or practices in the conduct of the business of insurance, and as a result thereof either has had his or her license revoked or suspended in that state or has been found guilty of failing to comply with any order, decree or judgment issued pursuant to such hearing or judicial proceeding in that state.
Nev. Rev. Stat. § 688C.400 — NV Code / Title 57 / Chapter 688C / Section 688C.400
Prohibited disparagement
Status: in_force

An advertisement may not disparage insurers, providers of insurance, other providers or brokers of viatical settlements, policies, services or methods of marketing.
Nev. Rev. Stat. § 688A.315 — NV Code / Title 57 / Chapter 688A / Section 688A.315
Review of benefits and premiums for life insurance with future premium determination
Status: in_force

In the case of any plan of life insurance which provides for future premium determination, the amounts of which are to be determined by the insurer based on estimates of future experience, or in the case of any plan of life insurance which is of such a nature that minimum values cannot be determined by the methods described in NRS 688A.290 to 688A.340 , inclusive:

1. The Commissioner must be satisfied that the benefits provided under the plan are substantially as favorable to policyholders and insureds as the minimum benefits otherwise required by NRS 688A.290 to 688A.340 , inclusive;

2. The Commissioner must be satisfied that the benefits and the pattern of premiums of that plan are not such as to mislead prospective policyholders or insureds; and

3. The cash surrender values and paid-up nonforfeiture benefits provided by the plan must not be less than the minimum values and benefits required for the plan computed by a method consistent with the principles of the Standard Nonforfeiture Law for Life Insurance, as determined by regulations adopted by the Commissioner.
Nev. Rev. Stat. § 690C.120 — NV Code / Title 57 / Chapter 690C / Section 690C.120
Applicability of other provisions
Status: in_force

1. Except as otherwise provided in this chapter, the marketing, issuance, sale, offering for sale, making, proposing to make and administration of service contracts are not subject to the provisions of this title, except, when applicable, the provisions of: (a) NRS 679B.020 to 679B.152 , inclusive; (b) NRS 679B.159 to 679B.300 , inclusive; (c) NRS 679B.310 to 679B.370 , inclusive; (d) NRS 679B.600 to 679B.690 , inclusive; (e) NRS 685B.090 to 685B.190 , inclusive; (f) NRS 686A.010 to 686A.095 , inclusive; (g) NRS 686A.160 to 686A.187 , inclusive; and (h) NRS 686A.260 , 686A.270 , 686A.280 , 686A.300 and 686A.310 .

2. A provider, person who sells service contracts, administrator or any other person is not required to obtain a certificate of authority from the Commissioner pursuant to chapter 680A of NRS to issue, sell, offer for sale or administer service contracts.
Nev. Rev. Stat. § 694C.020 — NV Code / Title 57 / Chapter 694C / Section 694C.020
“Affiliated company” defined
Status: in_force

“ Affiliated company ” means a company in the same corporate system as its parent or a member organization by virtue of common ownership, control, operation or management.
Nev. Rev. Stat. § 690A.083 — NV Code / Title 57 / Chapter 690A / Section 690A.083
Application or notice of proposed insurance: Delivery to insured; contents; use to meet certain requirements
Status: in_force

1. If the individual policy or group certificate is not delivered to the debtor at the time the debt is incurred or at such other time as the debtor purchases consumer credit insurance, a copy of the application or a notice of proposed insurance, signed by the debtor, must be delivered to the debtor. The application or notice of proposed insurance must include: (a) The name and address of the home office of the insurer; (b) The name of each debtor; (c) The premium or amount of payment by the debtor for the insurance; (d) The amount, term and a brief description of the coverage; and (e) A statement that upon acceptance by the insurer, the insurance will become effective as described in NRS 690A.063 .

2. The application or notice of insurance provided pursuant to subsection 1 must: (a) Refer exclusively to consumer credit insurance; and (b) Be separate from the loan, sale or other credit statement, instrument or agreement unless the information required pursuant to subsection 1 is prominently set forth in the statement, instrument or agreement.

3. The application or notice of insurance provided pursuant to subsection 1 may be used to meet the requirements of NRS 690A.073 and 690A.077 if it includes the information required by those sections.
Nev. Rev. Stat. § 686C.087 — NV Code / Title 57 / Chapter 686C / Section 686C.087
“Health maintenance organization” defined
Status: in_force

“Health maintenance organization” has the meaning ascribed to it in NRS 695C.030 .
Nev. Rev. Stat. § 695B.1911 — NV Code / Title 57 / Chapter 695B / Section 695B.1911
Required provision concerning coverage for screening, genetic counseling and testing related to BRCA gene in certain circumstances
Status: in_force

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

2. A hospital or medical services corporation 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 hospital or medical services corporation.

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

4. As used in this section: (a) “ Network plan ” means a policy of health insurance offered by a hospital or medical services corporation under which the financing and delivery of medical care, including items and services paid for as medical care, are provided, in whole or in part, through a defined set of providers under contract with the hospital or medical services corporation. The term does not include an arrangement for the financing of premiums. (b) “ Provider of health care ” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 687B.180 — NV Code / Title 57 / Chapter 687B / Section 687B.180
Validity and construction of noncomplying forms
Status: in_force

1. A policy delivered or issued for delivery after January 1, 1972, to any person in this state in violation of this Code but otherwise binding on the insurer, shall be held valid, but shall be construed as provided in this Code.

2. Any condition, omission or provision not in compliance with the requirements of this Code and contained in any policy, rider or endorsement issued after January 1, 1972, and otherwise valid shall not thereby be rendered invalid but shall be construed and applied in accordance with such condition, omission or provision as would have applied had the same been in full compliance with this Code.
Nev. Rev. Stat. § 679B.145 — NV Code / Title 57 / Chapter 679B / Section 679B.145
Publication, maintenance and distribution of guide to rates for policies of insurance for motor vehicles
Status: in_force

The Commissioner shall:

1. Publish a guide to rates for policies of insurance for motor vehicles which contains: (a) An explanation of the various types of coverage available. (b) A list of all insurers which offer insurance for motor vehicles in Nevada. (c) Comparisons of the cost for each type of insurance when purchased from the five insurers who offer it at the highest price and the five insurers who offer it at the lowest price, using one or more hypothetical examples developed by the Commissioner. (d) Any other information which the Commissioner deems appropriate and useful to the public.

2. Maintain the guide by republishing it with revised information at least once each year.

3. Distribute the guide and the information contained in the guide in any manner the Commissioner deems appropriate.
Nev. Rev. Stat. § 688C.135 — NV Code / Title 57 / Chapter 688C / Section 688C.135
“Viatical settlement investment agent” and “investment agent of viatical settlements” defined
Status: in_force

“ Viatical settlement investment agent ” or “ investment agent of viatical settlements ” means a person who is appointed by or contracts with a licensed provider of viatical settlements to solicit or arrange for the funding for the purchase of a viatical settlement by a purchaser of viatical settlements on behalf of the provider of viatical settlements.
Nev. Rev. Stat. § 679A.030 — NV Code / Title 57 / Chapter 679A / Section 679A.030
“Authorized” and “unauthorized” insurer defined
Status: in_force

1. An “authorized” insurer is one authorized to transact insurance or reinsurance in this State under a subsisting certificate of authority issued by the Commissioner.

2. An “unauthorized” insurer is one not so authorized.
Nev. Rev. Stat. § 682A.093 — NV Code / Title 57 / Chapter 682A / Section 682A.093
“Government-sponsored enterprise” defined
Status: in_force

“ Government-sponsored enterprise ” means a:

1. Governmental agency; or

2. Corporation, limited-liability company, association, partnership, joint stock company, joint venture, trust or other entity or instrumentality organized in accordance with the laws of any domestic jurisdiction to accomplish a public policy or other governmental purpose.
Nev. Rev. Stat. § 697.040 — NV Code / Title 57 / Chapter 697 / Section 697.040
“Bail agent” defined
Status: in_force

“ Bail agent ” means any individual appointed by an authorized surety insurer by power of attorney to execute or countersign undertakings of bail in connection with judicial proceedings and who receives or is promised money or other things of value therefor.
Nev. Rev. Stat. § 695C.1691 — NV Code / Title 57 / Chapter 695C / Section 695C.1691
Required provision in certain plans concerning coverage for continued medical treatment; exceptions; regulations
Status: in_force

1. The provisions of this section apply to a health care plan offered or issued by a health maintenance organization if an insured covered by the health care plan receives health care through a defined set of providers of health care who are under contract with the health maintenance organization.

2. Except as otherwise provided in this section, if an insured who is covered by a health care plan described in subsection 1 is receiving medical treatment for a medical condition from a provider of health care whose contract with the health maintenance organization is terminated during the course of the medical treatment, the health care plan must provide that: (a) The insured may continue to obtain medical treatment for the medical condition from the provider of health care pursuant to this section, if: (1) The insured is actively undergoing a medically necessary course of treatment; and (2) The provider of health care and the insured agree that the continuity of care is desirable. (b) The provider of health care is entitled to receive reimbursement from the health maintenance organization for the medical treatment the provider of health care provides to the insured pursuant to this section, if the provider of health care agrees: (1) To provide medical treatment under the terms of the contract between the provider of health care and the health maintenance organization with regard to the insured, including, without limitation, the rates of payment for providing medical service, as those terms existed before the termination of the contract between the provider of health care and the health maintenance organization; and (2) Not to seek payment from the insured for any medical service provided by the provider of health care that the provider of health care could not have received from the insured were the provider of health care still under contract with the health maintenance organization.

3. The coverage required by subsection 2 must be provided until the later of: (a) The 120th day after the date the contract is terminated; or (b) If the medical condition is pregnancy, the 45th day after: (1) The date of delivery; or (2) If the pregnancy does not end in delivery, the date of the end of the pregnancy.

4. The requirements of this section do not apply to a provider of health care if: (a) The provider of health care was under contract with the health maintenance organization and the health maintenance organization terminated that contract because of the medical incompetence or professional misconduct of the provider of health care; and (b) The health maintenance organization did not enter into another contract with the provider of health care after the contract was terminated pursuant to paragraph (a).

5. An evidence of coverage for a health care plan subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after October 1, 2003, has the legal effect of including the coverage required by this section, and any provision of the evidence of coverage or renewal thereof that is in conflict with this section is void.

6. The Commissioner shall adopt regulations to carry out the provisions of this section.
Nev. Rev. Stat. § 693A.605 — NV Code / Title 57 / Chapter 693A / Section 693A.605
Issuance and effect of certificate of authority
Status: in_force

1. The Commissioner shall issue a certificate of authority to a reorganized stock insurer when the mutual insurer files with the Commissioner a: (a) Certificate stating that all the conditions set forth in the plan of reorganization have been satisfied, so long as the board of directors of the mutual insurer has not abandoned the plan of reorganization pursuant to NRS 693A.600 . (b) Certificate from the mutual insurer setting forth the vote and certifying that the plan of reorganization was approved by not less than two-thirds of the policyholders voting in person or by proxy on the plan of reorganization.

2. The reorganization is effective upon the issuance of a certificate of authority by the Commissioner.

3. Upon issuance of the certificate of authority, the articles of incorporation of the mutual insurer shall be deemed to be amended in compliance with NRS 692B.030 .
Nev. Rev. Stat. § 689A.170 — NV Code / Title 57 / Chapter 689A / Section 689A.170
Right to examine and return policy
Status: in_force

1. Except as to nonrenewable accident policies and individual credit health insurance policies, every individual health insurance policy shall contain a provision therein or in a separate rider attached thereto when delivered, stating in substance that the person to whom the policy is issued shall be permitted to return the policy within 10 days of its delivery to such person and to have a refund of the premium paid if after examination of the policy the purchaser is not satisfied with it for any reason. The provision shall be set forth in the policy under an appropriate caption, and if not so printed on the face page of the policy adequate notice of the provision shall be printed or stamped conspicuously on the face page.

2. The policy may be so returned to the insurer at its home or branch office or to the agent through whom it was applied for, and thereupon shall be void as from the beginning and as if the policy had not been issued.
Nev. Rev. Stat. § 694C.070 — NV Code / Title 57 / Chapter 694C / Section 694C.070
“Commissioner” defined
Status: in_force

“ Commissioner ” means the Commissioner of Insurance.
Nev. Rev. Stat. § 689B.530 — NV Code / Title 57 / Chapter 689B / Section 689B.530
Carrier required to permit eligible employee or dependent of employee to enroll for coverage under certain circumstances
Status: in_force

A carrier offering group health insurance shall permit an employee or a dependent of an employee covered by the group health insurance who is eligible, but not enrolled, for coverage in connection with the group health insurance to enroll for coverage under the terms of the group health insurance if:

1. The employee or dependent was covered under a different group health insurance or had other health insurance coverage at the time coverage was previously offered to the employee or dependent;

2. The employee stated in writing at that time that the other coverage was the reason for declining enrollment, but only if the plan sponsor or carrier required such a written statement and informed the employee of that requirement and the consequences of the requirement; and

3. The employee or dependent: (a) Was covered under any provision of the Consolidated Omnibus Budget Reconciliation Act of 1985 relating to the continuation of coverage and such continuation of coverage was exhausted; or (b) Was not covered under such a provision and his or her insurance coverage was lost as a result of cessation of contributions by his or her employer, termination of employment or eligibility, reduction in the number of hours of employment, or the death of, or divorce or legal separation from, a covered spouse.
Nev. Rev. Stat. § 691C.310 — NV Code / Title 57 / Chapter 691C / Section 691C.310
Individual policy or certificate of insurance: Delivery
Status: in_force

1. Except as otherwise provided in subsection 2, the individual policy or certificate of insurance must be delivered to the debtor upon acceptance of the insurance by the insurer.

2. An individual policy or certificate of insurance made in connection with an open-end credit agreement or any credit personal property insurance requested by the debtor after the date the debt is incurred must be delivered to the debtor not more than 30 days after the debtor requested the insurance.
Nev. Rev. Stat. § 682A.414 — NV Code / Title 57 / Chapter 682A / Section 682A.414
Limitation on aggregate amount of investments held in equity interests
Status: in_force

An insurer shall not acquire an investment in accordance with the provisions of NRS 682A.412 to 682A.418 , inclusive, if, as a result of and after giving effect to the investment, the aggregate amount of investments held by the insurer in accordance with those sections would exceed 20 percent of the insurer's admitted assets, or the amount of equity interests held by the insurer that are not listed on a qualified exchange would exceed 5 percent of the insurer's admitted assets. An accident and health insurer is not subject to the provisions of NRS 682A.412 to 682A.418 , inclusive, but is subject to the same aggregate limitation on equity interests as a property and casualty insurer in accordance with the provisions of NRS 682A.502 to 682A.510 , inclusive, and 682A.522 to 682A.528 , inclusive.
Nev. Rev. Stat. § 697.250 — NV Code / Title 57 / Chapter 697 / Section 697.250
Bail agent and bail solicitor: Termination of sponsorship
Status: in_force

1. An insurer may terminate a sponsorship at any time. The insurer shall promptly give written notice of termination and the effective date thereof to the Commissioner, on forms furnished by the Commissioner, and to the bail agent if reasonably possible. The Commissioner may require of the insurer reasonable proof that the insurer has also given such a notice to the agent if reasonably possible.

2. Accompanying each notice of termination given to the Commissioner, the insurer shall file with the Commissioner a statement of the cause, if any, for the termination. Any information or documents so disclosed to the Commissioner shall be deemed an absolutely privileged communication, and the information or documents are not admissible as evidence in any action or proceedings unless their use as evidence is permitted by the insurer in writing.

3. A bail agent terminating the sponsorship and license as such of a bail solicitor shall give notice of termination in the manner prescribed by subsections 1 and 2. Any information or documents disclosed to the Commissioner shall be deemed an absolutely privileged communication, unless the privilege is waived in writing by the bail agent.

4. No agreement between an insurer and a bail agent or between an employing bail agent and a licensed bail solicitor affects the Commissioner's termination of the sponsorship or license if the termination is requested by the insurer or the employing bail agent, as the case may be.
Nev. Rev. Stat. § 686A.040 — NV Code / Title 57 / Chapter 686A / Section 686A.040
False, deceptive or misleading information and advertising prohibited
Status: in_force

No person shall make, publish, disseminate, circulate or place before the public, or cause, directly or indirectly, to be made, published, disseminated, circulated or placed before the public, in a newspaper, magazine or other publication, or in the form of a notice, circular, pamphlet, letter or poster, or over any radio or television station, or in any other way, any advertisement, announcement or statement containing any assertion, representation or statement with respect to the business of insurance or with respect to any person in the conduct of his or her insurance business, which is untrue, deceptive or misleading.