Nev. Rev. Stat. § 686C.224 — NV Code / Title 57 / Chapter 686C / Section 686C.224
Assumption of reinsurance contracts: Authority; duties and responsibilities of ceding member insurers and Association
Status: in_force

1. At any time within 180 days after the date of an order of liquidation, the Association may elect to succeed to the rights and obligations of the ceding member insurer that relate to policies or contracts covered, in whole or in part, by the Association, in each case under any one or more reinsurance contracts entered into by the insolvent insurer and its reinsurers and selected by the Association. Any such assumption must be effective on the date of the order of liquidation. The election must be carried out by the Association sending written notice, return receipt requested, to the affected reinsurers.

2. To facilitate the earliest practicable decision about whether to assume any of the contracts of reinsurance, and to protect the financial position of the estate, the receiver and each reinsurer of the ceding member insurer shall make available upon request to the Association as soon as possible after commencement of formal delinquency proceedings: (a) Copies of in-force contracts of reinsurance and all related files and records relevant to the determination of whether such contracts should be assumed; and (b) Notices of any defaults under the reinsurance contracts or any known event or condition which with the passage of time could become a default under the reinsurance contracts.

3. The following apply to reinsurance contracts assumed by the Association: (a) The Association is responsible for all unpaid premiums due pursuant to the reinsurance contracts for periods both before and after the date of the order of liquidation, and is responsible for the performance of all other obligations to be performed after the date of the order of liquidation, in each case which relates to policies or contracts covered, in whole or in part, by the Association. The Association may charge policies or contracts covered in part by the Association, through reasonable allocation methods, the costs for reinsurance in excess of the obligations of the Association and shall provide notice and an accounting of these changes to the liquidator. (b) The Association may be entitled to any amounts payable by the reinsurer pursuant to the reinsurance contracts with respect to losses or events that occur in periods after the date of the order of liquidation and which relate to policies or contracts covered, in whole or in part, by the Association, provided that, upon receipt of any such amounts, the Association is obligated to pay to the beneficiary, under the policy or contract on account of which the amounts were paid, a portion of the amount equal to the lesser of: (1) The amount received by the Association; or (2) The excess of the amount received by the Association over the amount equal to the benefits paid by the Association on account of the policy or contract, less the retention of the member insurer applicable to the loss or event. (c) Within 30 days after the Association's election, the Association and each reinsurer under the contracts assumed by the Association shall calculate the net balance due to or from the Association pursuant to each reinsurance contract on the election date with respect to policies or contracts covered, in whole or in part, by the Association, which calculation must give full credit to all items paid by either the member insurer or its receiver or the reinsurer before the election date. The reinsurer shall pay the receiver any amounts due for losses or events before the date of the order of liquidation, subject to any set-off for premiums unpaid for periods before the date, and the Association or reinsurer shall pay any remaining balance due to the other, in each case within 5 days after the completion of the aforementioned calculation. Any disputes over the amounts due to either the Association or the reinsurer must be resolved by arbitration pursuant to the terms of the affected reinsurance contracts or, if the contracts contain no arbitration clause, as otherwise prescribed by law. If the receiver has received any amounts due to the Association under paragraph (d), the receiver shall remit the same to the Association as promptly as practicable. (d) If the Association or receiver, on the Association's behalf, within 60 days after the election date, pays the unpaid premiums due for periods both before and after the election date that relate to policies or contracts covered, in whole or in part, by the Association, the reinsurer is not entitled to terminate the reinsurance contracts for failure to pay premiums insofar as the reinsurance contracts relate to policies or contracts covered, in whole or in part, by the Association, and is not entitled to set off any unpaid amounts due pursuant to the other contracts, or unpaid amounts due from parties other than the Association, against amounts due to the Association.
Nev. Rev. Stat. § 681A.2115 — NV Code / Title 57 / Chapter 681A / Section 681A.2115
Documentation required to be provided by assuming insurer
Status: in_force

The assuming insurer or its legal successor must provide, if requested by the Commissioner, on behalf of itself and any legal predecessors, the following documentation to the Commissioner:

1. For the 2 years preceding entry into the reinsurance agreement and on an annual basis thereafter, the assuming insurer's annual audited financial statements, in accordance with the applicable law of the jurisdiction of its head office or domiciliary jurisdiction, as applicable, including, without limitation, the external audit report;

2. For the 2 years preceding entry into the reinsurance agreement, the solvency and financial condition report or actuarial opinion, if filed with the assuming insurer's supervisor;

3. Prior to entry into the reinsurance agreement and not more than semiannually thereafter, an updated list of all disputed and overdue reinsurance claims outstanding for 90 days or more, regarding reinsurance assumed from ceding insurers domiciled in the United States; and

4. Before entry into the reinsurance agreement and not more than semiannually thereafter, information regarding the assuming insurer's assumed reinsurance by ceding insurer, ceded reinsurance by the assuming insurer, and reinsurance recoverable on paid and unpaid losses by the assuming insurer to allow for the evaluation of the criteria set forth in NRS 681A.212 .
Nev. Rev. Stat. § 695C.1783 — NV Code / Title 57 / Chapter 695C / Section 695C.1783
Reimbursement for treatment by podiatrist
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 podiatrist, the insured is entitled to reimbursement for treatments by a podiatrist who is licensed pursuant to chapter 635 of NRS .

2. The terms of the policy must not limit: (a) Coverage for treatments by a podiatrist to a number less than for treatments by other physicians. (b) Reimbursement for treatments by a podiatrist to an amount less than that reimbursed for similar treatments by other physicians.
Nev. Rev. Stat. § 683A.065 — NV Code / Title 57 / Chapter 683A / Section 683A.065
“Negotiate” defined
Status: in_force

“ Negotiate ” means to confer directly with, or offer advice directly to, a purchaser or prospective purchaser of a particular contract of insurance concerning any of the substantive benefits, terms or conditions of the contract, if the person conferring or offering the advice sells insurance or obtains insurance from insurers or purchasers.
Nev. Rev. Stat. § 689.045 — NV Code / Title 57 / Chapter 689 / Section 689.045
“Buyer” defined
Status: in_force

“ Buyer ” means the purchaser of a prepaid contract.
Nev. Rev. Stat. § 686A.027 — NV Code / Title 57 / Chapter 686A / Section 686A.027
Unfair or deceptive methods, acts or practices: Knowing access or use of contractual discount of provider of health care pursuant to provider network contract without applicable contractual relationship
Status: in_force

It constitutes an unfair method of competition or an unfair or deceptive act or practice in the business of insurance to knowingly access or utilize a contractual discount of a provider of health care pursuant to a provider network contract without a contractual relationship with the provider of health care, health carrier or third party as specified in NRS 687B.693 to 687B.697 , inclusive.
Nev. Rev. Stat. § 689.490 — NV Code / Title 57 / Chapter 689 / Section 689.490
Permit: Application and supporting documents; fees
Status: in_force

1. The proposed seller, or the appropriate corporate officer of the seller, shall apply in writing to the Commissioner for a seller's permit, showing: (a) The proposed seller's name and address and his or her occupations during the preceding 5 years; (b) The name and address of the proposed trustee; (c) The names and addresses of the proposed performers, specifying what particular services, supplies and equipment each performer is to furnish under the proposed prepaid contract; and (d) Such other pertinent information as the Commissioner may reasonably require.

2. The application must be accompanied by: (a) A copy of the proposed trust agreement and a written statement signed by an authorized officer of the proposed trustee to the effect that the proposed trustee understands the nature of the proposed trust fund and accepts it; (b) A copy of each contract or understanding, existing or proposed, between the seller and performers relating to the proposed prepaid contract or items to be supplied under it; (c) A certified copy of the articles of incorporation and the bylaws of any corporate applicant; (d) A copy of any other document relating to the proposed seller, trustee, trust, performer or prepaid contract, as required by the Commissioner; and (e) The applicable fee established in NRS 680B.010 , which is not refundable, and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110 .

3. A natural person who is a resident of this State 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.

4. The Commissioner may: (a) Unless the applicant's fingerprints are directly forwarded pursuant to subparagraph (2) of paragraph (b) of subsection 3, 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; and (b) Request from each such agency any information regarding the applicant's background as the Commissioner deems necessary.
Nev. Rev. Stat. § 692B.080 — NV Code / Title 57 / Chapter 692B / Section 692B.080
Application for permit to solicit qualifying mutual applications
Status: in_force

Written application for any permit required under NRS 692B.040 in connection with the formation of a domestic mutual insurer by the securing of qualifying applications for insurance as provided in NRS 692B.200 shall be filed with the Commissioner. The application shall contain such information and be accompanied by such of the documents and the fees required under NRS 692B.070 as may be applicable, and in addition shall be accompanied by:

1. A copy of each policy for which applications are proposed to be solicited;

2. A copy of the proposed insurance application form, consistent with the requirements of NRS 692B.220 (qualifying applications for insurance); and

3. A schedule of the premiums or premium rates proposed to be charged in connection with such insurance applications.
Nev. Rev. Stat. § 697.181 — NV Code / Title 57 / Chapter 697 / Section 697.181
Payment of child support: Statement by 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 bail agent's, general agent's, bail enforcement agent's or bail solicitor's license 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 bail agent's, general agent's, bail enforcement agent's or bail solicitor's license 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. § 695B.350 — NV Code / Title 57 / Chapter 695B / Section 695B.350
Corporation prohibited from asserting certain grounds to deny enrollment of child of insured pursuant to order
Status: in_force

A corporation shall not deny the enrollment of a child pursuant to an order for medical coverage under a contract pursuant to which a parent of the child is insured, on the ground that the child:

1. Was born out of wedlock;

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

3. Does not reside with the parent or within the corporation's geographic area of service.
Nev. Rev. Stat. § 686B.112 — NV Code / Title 57 / Chapter 686B / Section 686B.112
Approval or disapproval of rate filing for health plan: Procedure; regulations; assessment of costs
Status: in_force

1. The Commissioner shall perform an actuarial review of and consider each rate filing of a health plan issued pursuant to the provisions of chapter 689A, 689B, 689C, 695B, 695C, 695D or 695F of NRS , including, without limitation, long-term care and Medicare supplement plans, filed with the Commissioner pursuant to subsection 1 of NRS 686B.070 . If the Commissioner finds that a proposed rate which is contained in a rate filing will result in a rate which is not in compliance with NRS 686B.050 or subsection 3 of NRS 686B.070 , the Commissioner shall disapprove the rate filing. The Commissioner shall approve or disapprove each rate filing not later than 60 days after the rate filing is determined by the Commissioner to be complete pursuant to subsection 4. If the Commissioner fails to approve or disapprove the rate filing within that period, the rate filing shall be deemed approved.

2. Whenever an insurer has no legally effective rates as a result of the Commissioner's disapproval of rates or other act, the Commissioner shall on request specify interim rates for the insurer that are high enough to protect the interests of all parties and may order that a specified portion of the premiums be placed in an escrow account approved by the Commissioner. When new rates become legally effective, the Commissioner shall order the escrowed funds or any overcharge in the interim rates to be distributed appropriately, except that refunds to policyholders that are de minimis must not be required.

3. If the Commissioner disapproves a rate filing pursuant to subsection 1, and an insurer requests a hearing to determine the validity of the action of the Commissioner, the insurer has the burden of showing compliance with the applicable standards for rates established in NRS 686B.010 to 686B.1799 , inclusive. Any such hearing must be held: (a) Within 30 days after the request for a hearing has been submitted to the Commissioner; or (b) Within a period agreed upon by the insurer and the Commissioner. If the hearing is not held within the period specified in paragraph (a) or (b), or if the Commissioner fails to issue an order concerning the rate filing for which the hearing is held within 45 days after the hearing, the rate filing shall be deemed approved.

4. The Commissioner shall by regulation specify the documents or any other information which must be included in a rate filing submitted to the Commissioner pursuant to subsection 1. Each such rate filing shall be deemed complete upon its filing with the Commissioner, unless the Commissioner, within 15 business days after the rate filing is filed with the Commissioner, determines that the rate filing is incomplete because the rate filing does not comply with the regulations adopted by the Commissioner pursuant to this subsection.

5. The Commissioner may assess against an insurer the actual cost for the external actuarial review of a rate filing submitted pursuant to subsection 1.
Nev. Rev. Stat. § 682A.444 — NV Code / Title 57 / Chapter 682A / Section 682A.444
Additional foreign investment and foreign currency allowance for insurers authorized to do business in foreign jurisdiction and holding foreign contracts
Status: in_force

In addition to investments allowed under NRS 682A.440 and 682A.442 , an insurer that is authorized to do business in a foreign jurisdiction, and that has outstanding insurance, annuity or reinsurance contracts on lives or risks resident or located in that foreign jurisdiction and denominated in a foreign currency of that jurisdiction, may acquire foreign investments respecting that foreign jurisdiction, and may acquire investments denominated in the currency of that jurisdiction, subject to the limitations of NRS 682A.402 , 682A.404 and 682A.406 . Investments made in accordance with this section in obligations of foreign governments, their political subdivisions and government-sponsored enterprises are not subject to the limitations of NRS 682A.402 , 682A.404 and 682A.406 if those investments carry an SVO rating of 1 or 2. The aggregate amount of investments acquired by the insurer in accordance with this section must not exceed the greater of:

1. The amount the insurer is required by the law of the foreign jurisdiction to invest in the foreign jurisdiction; or

2. One hundred fifteen percent of the amount of the insurer's reserves, net of reinsurance, and other obligations under the contracts on lives or risks resident or located in the foreign jurisdiction.
Nev. Rev. Stat. § 695B.252 — NV Code / Title 57 / Chapter 695B / Section 695B.252
Conversion privilege available to spouse and children; conditions
Status: in_force

Subject to the conditions set forth in NRS 695B.251 to 695B.259 , inclusive, the conversion privilege must also be made available:

1. To the surviving spouse, if any, upon the death of the employee or member, with respect to the spouse and any child whose coverage under the group contract is terminated by reason of such death, or if there is no surviving spouse, to each surviving child whose coverage under the group contract terminates by reason of such death, or, if the group contract provides for continuation of dependents' coverage following the employee's or member's death, at the end of the continued coverage;

2. To the spouse of the employee or member upon termination of coverage of the spouse while the employee or member remains covered under the group contract, if the spouse ceases to be a dependent as defined by the group contract, and to any child whose coverage under the group contract terminates at the same time; or

3. To a child solely with respect to himself or herself upon termination of his or her coverage because the child ceases to be a dependent as defined by the group contract, if a conversion privilege is not otherwise provided with respect to the termination.
Nev. Rev. Stat. § 697.030 — NV Code / Title 57 / Chapter 697 / Section 697.030
“Bail” defined
Status: in_force

“ Bail ” means a deposit made with a court or other governmental agency to secure or continue the release from custody and to guarantee the appearance of the defendant in a criminal proceeding. The term includes bail bonds, undertakings of bail and any pledge or deposit of the matters described in NRS 697.320 .
Nev. Rev. Stat. § 683C.120 — NV Code / Title 57 / Chapter 683C / Section 683C.120
Disciplinary action
Status: in_force

1. The Commissioner may place an insurance consultant on probation, suspend his or her license for not more than 12 months, or revoke or refuse to renew his or her license, or may impose an administrative fine or take any combination of the foregoing actions, for one or more of the causes set forth in NRS 683A.451 .

2. The provisions of NRS 683A.461 also apply to an insurance consultant.
Nev. Rev. Stat. § 695C.210 — NV Code / Title 57 / Chapter 695C / Section 695C.210
Annual report of financial condition and financial statement; quarterly statement; administrative penalty for failure to file timely report or statement; extension of time
Status: in_force

1. Every health maintenance organization shall file with the Commissioner on or before March 1 of each year a report showing its financial condition on the last day of the preceding calendar year. The report must be verified by at least two principal officers of the organization.

2. The report must be on forms prescribed by the Commissioner and must include: (a) A financial statement of the organization, including its balance sheet and receipts and disbursements for the preceding calendar year; (b) Any material changes in the information submitted pursuant to NRS 695C.070 ; (c) The number of persons enrolled during the year, the number of enrollees as of the end of the year, the number of enrollments terminated during the year and, if requested by the Commissioner, a compilation of the reasons for such terminations; (d) The number and amount of malpractice claims initiated against the health maintenance organization and any of the providers used by it during the year broken down into claims with and without form of legal process, and the disposition, if any, of each such claim, if requested by the Commissioner; (e) A summary of information compiled pursuant to paragraph (c) of subsection 1 of NRS 695C.080 in such form as required by the Commissioner; and (f) Such other information relating to the performance of the health maintenance organization as is necessary to enable the Commissioner to carry out his or her duties pursuant to this chapter.

3. Every health maintenance organization shall file with the Commissioner annually an audited financial statement of the organization in accordance with the provisions of subsection 1 of NRS 680A.265 . Upon written request, the Commissioner may grant a 30-day extension.

4. Every health maintenance organization shall file with the Commissioner and the National Association of Insurance Commissioners a quarterly statement in the form most recently adopted by the National Association of Insurance Commissioners for that type of insurer. The quarterly statement must be: (a) Prepared in accordance with the instructions which are applicable to that form, including, without limitation, the required date of submission for the form; and (b) Filed by electronic means.

5. If an organization fails to file timely a report or financial statement required by this section, it shall pay an administrative penalty of $100 per day until the report or statement is filed, except that the total penalty must not exceed $3,000. The Attorney General shall recover the penalty in the name of the State of Nevada.

6. The Commissioner may grant a reasonable extension of time for filing any report or statement required by this section, if the request for an extension is submitted in writing and shows good cause.
Nev. Rev. Stat. § 687B.658 — NV Code / Title 57 / Chapter 687B / Section 687B.658
“Provider network contract” defined
Status: in_force

“ Provider network contract ” means a contract between a health carrier and a provider of health care specifying the rights and responsibilities of the health carrier and the provider of health care for delivery of health care services pursuant to a network plan.
Nev. Rev. Stat. § 686B.1761 — NV Code / Title 57 / Chapter 686B / Section 686B.1761
“Rate” defined
Status: in_force

“ Rate ” means the cost of insurance based on a unit of exposure to liability before any adjustments are made for an individual employer's losses, or expenses, or a combination of both. The term does not include minimum premiums charged by an insurer.
Nev. Rev. Stat. § 682A.546 — NV Code / Title 57 / Chapter 682A / Section 682A.546
Limitation on aggregate amount of investments held in mortgage loans and real estate
Status: in_force

1. An insurer shall not acquire an investment in accordance with the provisions of NRS 682A.540 if, as a result of and after giving effect to the investment, the aggregate amount of all investments held by the insurer pursuant to that section would exceed: (a) One percent of its admitted assets in mortgage loans covering any one secured location; (b) One-quarter of one percent of its admitted assets in construction loans covering any one secured location; or (c) One percent of its admitted assets in construction loans in the aggregate.

2. An insurer shall not acquire an investment under NRS 682A.542 if, as a result of and after giving effect to the investment and any outstanding guarantees made by the insurer in connection with the investment, the aggregate amount of investments held by the insurer under NRS 682A.542 plus the guarantees outstanding would exceed: (a) One percent of its admitted assets in any one parcel or group of contiguous parcels of real estate, except that this limitation does not apply to that portion of real estate used for the direct provision of health care services by an insurer whose insurance premiums and required statutory reserves for accident and health insurance constitute at least 95 percent of total premium considerations or total statutory required reserves, respectively, including, without limitation, hospitals, medical clinics, medical professional buildings or other health facilities used for the purpose of providing health services; or (b) The lesser of 10 percent of its admitted assets or 40 percent of its surplus as regards policyholders in the aggregate, except for an insurer whose insurance premiums and required statutory reserves for accident and health insurance constitute at least 95 percent of total premium considerations or total statutory required reserves, respectively, this limitation must be increased to 15 percent of its admitted assets in the aggregate.

3. An insurer shall not acquire an investment pursuant to NRS 682A.540 or 682A.542 if, as a result of and after giving effect to the investment and any guarantees it has made in connection with the investment, the aggregate amount of all investments held by the insurer in accordance with the provisions of those sections plus the guarantees outstanding would exceed 25 percent of the insurer's admitted assets.

4. The limitations of NRS 682A.512 , 682A.514 and 682A.516 do not apply to an insurer's acquisition of real estate under NRS 682A.544 . An insurer shall not acquire real estate under NRS 682A.544 if, as a result of and after giving effect to the acquisition, the aggregate amount of real estate held by the insurer in accordance with that section would exceed 10 percent of its admitted assets. With the permission of the Commissioner, additional amounts of real estate may be acquired under NRS 682A.544 .
Nev. Rev. Stat. § 689C.1665 — NV Code / Title 57 / Chapter 689C / Section 689C.1665
Coverage for certain drugs and services related to substance use disorder and opioid use disorder required; reimbursement of pharmacists and pharmacies for certain services; prohibited acts
Status: in_force

1. A carrier that offers or issues a health benefit 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 carrier. 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 carrier that offers or issues a health benefit plan shall reimburse a pharmacist or pharmacy that participates in the network plan of the carrier 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 carrier 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 carrier.

4. Except as otherwise provided in this subsection, a carrier shall not subject the benefits required by paragraphs (a), (b) and (c) of subsection 1 to medical management techniques, other than step therapy. A carrier 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 carrier 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 carrier 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 carrier.

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

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 benefit plan offered by a carrier under which the financing and delivery of medical care, including items and services paid for as medical care, are provided, in whole or in part, through a defined set of providers under contract with the carrier. The term does not include an arrangement for the financing of premiums. (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. § 687B.872 — NV Code / Title 57 / Chapter 687B / Section 687B.872
“Policy of provider stop-loss insurance” defined
Status: in_force

“ Policy of provider stop-loss insurance ” means a policy of stop-loss insurance which:

1. Is issued to a provider of health care or a network;

2. Provides coverage for losses of the provider of health care or network above an attachment point which is stated in the policy; and

3. Covers losses of the provider of health care or network which result from the financial risk assumed by the provider of health care or network in a managed care contract with another insurer, including, without limitation, an accident and health insurer, health insurer, health maintenance organization or self-funded group health plan, with whom the provider of health care or network has entered into a contract to provide health care services.
Nev. Rev. Stat. § 696B.550 — NV Code / Title 57 / Chapter 696B / Section 696B.550
Summary proceedings: Conduct of administrative and judicial hearings; confidentiality of records
Status: in_force

1. The Commissioner shall hold all hearings in summary proceedings privately unless the insurer requests a public hearing, in which case the hearing must be public.

2. The court may hold all hearings in summary proceedings and judicial reviews thereof privately in chambers, and shall do so on request of the insurer proceeded against.

3. In all summary proceedings and judicial reviews thereof, all records of the insurer, other documents and all Division files and court records and papers, so far as they pertain to or are part of the record of the summary proceedings, are confidential except as otherwise provided in NRS 239.0115 and except as necessary to obtain compliance therewith, unless the court after hearing arguments by the parties in chambers, orders otherwise, or unless the insurer requests that the matter be made public. Until the court otherwise orders, all papers filed with the clerk of the court must be held by the clerk of the court in a confidential file.

4. If at any time it appears to the court that any person whose interest is or will be substantially affected by an order did not appear at the hearing and has not been served, the court may order that notice be given and the proceedings be adjourned to give the person an opportunity to appear, on such terms as may be reasonable and just.
Nev. Rev. Stat. § 692C.490 — NV Code / Title 57 / Chapter 692C / Section 692C.490
Judicial review
Status: in_force

1. Any person aggrieved by any act, determination, regulation, order or any other action of the Commissioner pursuant to this chapter may petition for review thereof in the district court in and for Carson City. The court shall conduct its review without a jury and by trial de novo, except that if all parties including the Commissioner so stipulate, the review shall be confined to the record. Portions of the record may be introduced by stipulation into evidence in a trial de novo as to those parties so stipulating.

2. The filing of an appeal pursuant to this section shall stay the application of any such regulation, order or other action of the Commissioner to the appealing party unless the court, after giving such party notice and an opportunity to be heard, determines that such a stay would be detrimental to the interests of policyholders, shareholders, creditors or the public.

3. Any person aggrieved by any failure of the Commissioner to act or make a determination required by this chapter, may petition the district court in and for Carson City for a writ of mandamus directing the Commissioner to act or make such determination forthwith.
Nev. Rev. Stat. § 682A.538 — NV Code / Title 57 / Chapter 682A / Section 682A.538
Exempted personal property under lease
Status: in_force

Nothing in NRS 682A.530 to 682A.538 , inclusive, applies to tangible personal property lease arrangements between an insurer and its subsidiaries and affiliates in accordance with a cost-sharing arrangement or agreement permitted in accordance with the provisions of chapter 692C of NRS .
Nev. Rev. Stat. § 686A.150 — NV Code / Title 57 / Chapter 686A / Section 686A.150
Using security, advisory board contract or agreement offering or promising profit as inducement prohibited
Status: in_force

Except as provided in subsection 2 of NRS 686A.120 (contemporaneous sales of life insurance and mutual fund shares), no person shall sell, agree or offer to sell, or give or offer to give, directly or indirectly in any manner whatsoever, as an inducement to insurance or in connection therewith, any stock, shares, bonds or other securities of any kind, or any advisory board contract or other contract or agreement of any kind offering or promising returns and profits.
Nev. Rev. Stat. § 691E.170 — NV Code / Title 57 / Chapter 691E / Section 691E.170
“Travel protection plan” defined
Status: in_force

“ Travel protection plan ” means a product that provides:

1. Travel insurance;

2. Travel assistance services;

3. A cancellation fee waiver; or

4. Any combination of the items described in subsections 1, 2 and 3.
Nev. Rev. Stat. § 695C.123 — NV Code / Title 57 / Chapter 695C / Section 695C.123
Contracts with certain federally qualified health centers
Status: in_force

1. Except as otherwise provided in NRS 422.273 , a health maintenance organization that furnishes health care services through providers which are under contract with the organization shall use its best efforts to contract with at least one health center in each geographic area served by the organization to provide such services to enrollees if the health center: (a) Meets all conditions imposed by the organization on similarly situated providers of health care that are under contract with the organization, including, without limitation: (1) Certification for participation in the Medicaid or Medicare program; and (2) Requirements relating to the appropriate credentials for providers of health care; and (b) Agrees to reasonable reimbursement rates that are generally consistent with those offered by the organization to similarly situated providers of health care that are under contract with the organization.

2. As used in this section, “health center” has the meaning ascribed to it in 42 U.S.C. § 254b .
Nev. Rev. Stat. § 695G.243 — NV Code / Title 57 / Chapter 695G / Section 695G.243
Applicability
Status: in_force

1. Except as otherwise provided in subsection 2, the provisions of NRS 695G.200 to 695G.310 , inclusive, apply to all health carriers.

2. The provisions of subsection 1 do not apply to: (a) A policy or certificate that provides only coverage for: (1) A specified disease or accident; (2) Accidents; (3) Credit; (4) Dental; (5) Disability income; (6) Hospital indemnity; (7) Long-term care insurance; (8) Vision care; or (9) Any other limited supplemental benefit; (b) A Medicare supplement policy of insurance, as defined in regulations adopted by the Commissioner; (c) Coverage under a plan through Medicare, Medicaid or the Federal Employees Health Benefits Program, FEHBP, 5 U.S.C. §§ 8901 et seq. ; (d) Any coverage issued under the Civilian Health and Medical Program of the Uniformed Services, CHAMPUS, 10 U.S.C. §§ 1071 et seq., and any coverage issued as supplemental to that coverage; (e) Any coverage issued as supplemental to liability insurance; (f) Workers' compensation or similar insurance; (g) Automobile medical payment insurance; or (h) Any insurance under which benefits are payable with or without regard to fault, whether written on a group, blanket or individual basis.
Nev. Rev. Stat. § 689C.113 — NV Code / Title 57 / Chapter 689C / Section 689C.113
Requirements for employee welfare benefit plan for providing benefits for employees of more than one employer
Status: in_force

1. An employee welfare benefit plan for providing benefits for employees of more than one employer under which health insurance coverage is provided to small employers must comply with the provisions of this chapter and with NRS 679B.139 and the regulations adopted by the Commissioner pursuant thereto.

2. As used in this section, the term “ employee welfare benefit plan for providing benefits for employees of more than one employer ” is intended to be equivalent to the term “employee welfare benefit plan which is a multiple employer welfare arrangement” as used in federal statutes and regulations.
Nev. Rev. Stat. § 696B.334 — NV Code / Title 57 / Chapter 696B / Section 696B.334
Reporting and filing requirements of guaranty association; extension or modification of time
Status: in_force

1. Not later than 1 year after the date of entry of an order appointing a receiver in delinquency proceedings for an insurer pursuant to this chapter, and at such intervals as may be agreed to between the receiver and a guaranty association but in no event less frequently than annually, each guaranty association which is affected by the delinquency proceedings shall comply with all applicable requirements for financial reporting as specified by the National Association of Insurance Commissioners.

2. In addition to satisfying any filing requirements established by the National Association of Insurance Commissioners, each guaranty association which is affected by the delinquency proceedings shall file the reports and other documents required by this section with: (a) The court that has jurisdiction over the receivership; (b) The Commissioner; and (c) The receiver.

3. For good cause shown, the court may grant an extension or modification of time to comply with subsection 1 or such other relief as may be appropriate.

4. As used in this section, “ guaranty association ” means the Nevada Insurance Guaranty Association, the Nevada Life and Health Insurance Guaranty Association or a similar organization in another jurisdiction, as applicable.
Nev. Rev. Stat. § 690B.175 — NV Code / Title 57 / Chapter 690B / Section 690B.175
Regulations regarding administrative expenses for insurers and accounting standards
Status: in_force

The Commissioner may adopt regulations:

1. Defining administrative expenses for insurers who issue policies of insurance for home protection, and setting limitations on the amounts of such expenses as a percentage of total premiums; and

2. Defining accounting standards to be used for such insurers.
Nev. Rev. Stat. § 683A.325 — NV Code / Title 57 / Chapter 683A / Section 683A.325
Commissions and compensation
Status: in_force

1. Except as otherwise provided in NRS 691D.220 or NRS 691E.270 , a producer of insurance who is appointed as an agent may pay a commission or compensation for or on account of the selling, soliciting, procuring or negotiating of insurance in this State only to a licensed and appointed producer of insurance of the insurer with whom insurance was placed or to a licensed producer acting as a broker.

2. A licensee shall not accept any commission or compensation to which the licensee is not entitled pursuant to the provisions of this title.
Nev. Rev. Stat. § 695A.258 — NV Code / Title 57 / Chapter 695A / Section 695A.258
Benefit contract covering prescription drug for treatment of medical condition that is part of step therapy protocol: Use of certain guidelines required; establishment of process to request exemption from step therapy protocol required; granting of request; applicability of provisions
Status: in_force

1. When developing a step therapy protocol, a society shall use guidelines based on medical or scientific evidence, if such guidelines are available.

2. A society that offers or issues a benefit contract which includes coverage for a prescription drug for the treatment of any medical condition that is part of a step therapy protocol shall: (a) Establish a clear, convenient and readily accessible process by which an insured and his or her attending practitioner may: (1) Request an exemption for the insured from the step therapy protocol; and (2) Appeal a decision made by the society concerning a request for an exemption from the step therapy protocol pursuant to subparagraph (1); (b) Make the process described in paragraph (a) accessible through an Internet website maintained by the society; and (c) Except as otherwise provided in this paragraph, respond to a request made or an appeal submitted pursuant to paragraph (a) not later than 2 business days after the request is made or the appeal is submitted, as applicable. If the attending practitioner indicates that exigent circumstances exist, the society shall respond to the request or appeal within 24 hours after the request is made or the appeal is submitted, as applicable.

3. A society shall grant a request to exempt an insured from a step therapy protocol made in accordance with the process established pursuant to subsection 2 if the attending practitioner for the insured submits to the society a statement which provides an adequate justification for the exemption and any documentation necessary to support the statement. The society shall determine whether such justification exists if the statement and documentation demonstrate that: (a) Each prescription drug that is required to be used earlier in the step therapy protocol: (1) Is contraindicated or will likely cause an adverse reaction or physical or mental harm to the insured; (2) Is expected to be ineffective based on the known clinical characteristics of the insured and the known characteristics of the required prescription drug; (3) Has been tried by the insured, regardless of whether the insured was covered by the current benefit contract at the time, and was discontinued due to lack of efficacy or effectiveness, diminished effect or an adverse event relating to the prescription drug; or (4) Is not in the best interest of the insured, based on medical necessity; or (b) The insured is stable on a prescription drug selected by his or her attending practitioner for the medical condition under consideration, regardless of whether the insured was covered by his or her current benefit contract at the time the attending practitioner selected the drug.

4. If a society does not respond to a request for an exemption from a step therapy protocol or an appeal concerning a decision relating to such a request within the time frame prescribed by paragraph (c) of subsection 2, the request shall be deemed to have been granted.

5. If a request for an exemption from a step therapy protocol is granted pursuant to subsection 3 or deemed granted pursuant to subsection 4, the society shall immediately authorize coverage for and dispensing of the drug chosen by the attending practitioner for the insured.

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

7. The provisions of this section do not apply to any prescription drug to which the provisions of NRS 695A.259 apply.

8. As used in this section: (a) “ Attending practitioner ” means the practitioner, as defined in NRS 639.0125 , who has primary responsibility for the treatment of the medical condition of an insured for which a prescription drug is prescribed. (b) “ Medical or scientific evidence ” has the meaning ascribed to it in NRS 695G.053 .
Nev. Rev. Stat. § 689A.0423 — NV Code / Title 57 / Chapter 689A / Section 689A.0423
Coverage for treatment of certain inherited metabolic diseases required
Status: in_force

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

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

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

4. As used in this section: (a) “ Enteral formula ” includes, without limitation, a formula that is ingested orally. (b) “ Inherited metabolic disease ” means a disease caused by an inherited abnormality of the body chemistry of a person. (c) “ Special food product ” means a food product that is specially formulated to have less than one gram of protein per serving and is intended to be consumed under the direction of a physician for the dietary treatment of an inherited metabolic disease. The term does not include a food that is naturally low in protein.
Nev. Rev. Stat. § 696C.110 — NV Code / Title 57 / Chapter 696C / Section 696C.110
Commissioner or designee required to serve as administrative supervisor; authority of Commissioner to prohibit insurer under administrative supervision from taking certain actions without approval of administrative supervisor
Status: in_force

1. During the period an insurer is under administrative supervision pursuant to NRS 696C.100 , the Commissioner or an appointee designated by the Commissioner shall serve as the administrative supervisor of the insurer.

2. The Commissioner may identify any one or more actions specified in subsection 3 as actions which the insurer shall not take during the period the insurer remains under administrative supervision pursuant to NRS 696C.100 unless the insurer obtains approval in advance from the administrative supervisor designated pursuant to subsection 1.

3. If identified by the Commissioner pursuant to subsection 2, the insurer shall not, without obtaining approval in advance from the administrative supervisor: (a) Dispose of, convey or encumber any of its assets or its business in force; (b) Withdraw money from any of its bank accounts; (c) Lend any of its money; (d) Invest any of its money; (e) Transfer any of its property; (f) Incur any debt, obligation or liability; (g) Merge or consolidate with another insurer or any other business entity as defined in NRS 682A.025 ; (h) Approve new premiums or renew any policies; (i) Enter into any new reinsurance contract or treaty; (j) Terminate, surrender, forfeit, convert or lapse any insurance policy, certificate or contract, except for nonpayment of premiums due; (k) Release, pay or refund premium deposits, accrued cash or loan values, unearned premiums or other reserves on any insurance policy, certificate or contract; (l) Make any material change in management; or (m) Increase any salary or benefit of an officer or director, increase the preferential payment of a bonus or dividend or increase any other payment deemed by the Commissioner to be preferential.
Nev. Rev. Stat. § 692B.020 — NV Code / Title 57 / Chapter 692B / Section 692B.020
Incorporation
Status: in_force

1. The general corporation laws of this state govern the incorporation of domestic stock and mutual insurers formed after January 1, 1972, where not in conflict with the express provisions of this Code. In case of such conflict the express provisions of this Code govern.

2. A domestic insurer must be incorporated by not less than three natural persons. The articles of incorporation must set forth the name and residence address of each of the true incorporators, and dummy incorporators must not be used.

3. The articles of incorporation must also set forth: (a) The names and addresses of each proposed director or officer who is not an incorporator; (b) The kind or kinds of insurance proposed to be transacted, in accordance with the definitions thereof contained in NRS 681A.010 to 681A.080 , inclusive; (c) If to be a stock insurer, the amount of authorized capital, the number of shares into which divided, and the par value of each share, which par value must not be less than $1. Shares without nominal or par value must not be authorized. All authorized shares must be of one class, with one vote per outstanding share and equal rights between outstanding shares as to dividends and distributions, and in all other respects; and (d) If to be a mutual insurer, the contingent liability of policyholders for payment of losses and expenses of the insurer, which liability must not be less than one or more than six times the policyholder's premium at the annual rate for a term of 1 year, as specified in the articles of incorporation. Such contingent liability may be rendered inoperative pursuant to the provisions of NRS 693A.250 .

4. The articles of incorporation of a proposed stock insurer must require that all shares be issued at a price not less than par value, and must not provide for stock options.
Nev. Rev. Stat. § 695A.280 — NV Code / Title 57 / Chapter 695A / Section 695A.280
Reinsurance
Status: in_force

1. Except as otherwise provided in subsection 3, a domestic society may, by a reinsurance agreement, cede any individual risk or risks in whole or in part to an insurer, other than another fraternal benefit society, authorized to provide reinsurance in this state, or if not so authorized, one which is approved in writing by the Commissioner, but no such society may reinsure substantially all of its insurance in force without the written permission of the Commissioner.

2. A society may take credit for the reserves on such ceded risks to the extent reinsured, but no credit may be allowed as an admitted asset or as a deduction from liability to a ceding society for reinsurance made, ceded, renewed or otherwise becoming effective after July 1, 1963, unless the reinsurance is payable by the assuming insurer on the basis of the liability of the ceding society under the benefit contract or contracts reinsured without diminution because of the insolvency of the ceding society.

3. A society may reinsure the risks of another society in a consolidation or merger which is approved by the Commissioner pursuant to NRS 695A.130 .
Nev. Rev. Stat. § 695B.196 — NV Code / Title 57 / Chapter 695B / Section 695B.196
Reimbursement for acupuncture
Status: in_force

If any contract for hospital or medical services provides coverage for acupuncture performed by a physician, the insured is entitled to reimbursement for acupuncture performed by a person who is licensed pursuant to chapter 634A of NRS .
Nev. Rev. Stat. § 689C.180 — NV Code / Title 57 / Chapter 689C / Section 689C.180
Carrier to offer same coverage to all eligible employees; denial of coverage to otherwise eligible employee
Status: in_force

1. If a carrier serving small employers offers coverage to a small employer, the carrier shall offer the same coverage to all of the eligible employees of the small employer and their dependents. A carrier shall not offer coverage to only certain members of a small employer's group or to only part of the group, but may exclude an otherwise eligible employee, or a dependent of the eligible employee, who requests enrollment in a health benefit plan after the end of the initial period during which the employee or dependent is entitled to enroll under the terms of the plan, if the initial period is at least 30 days.

2. A carrier shall not exclude an eligible employee or dependent if: (a) The employee or dependent: (1) Was covered under other creditable coverage at the time of the initial period for enrollment; (2) Lost coverage under the other creditable coverage as a result of termination of employment or eligibility, the involuntary termination of the creditable coverage, the death of a spouse or divorce; and (3) Requests enrollment within 30 days after termination of the other creditable coverage; (b) The employee is employed by an employer that offers multiple health benefit plans and elects a different plan during an open period for enrollment; or (c) A court has ordered that coverage be provided for a dependent under a covered employee's health benefit plan and the request for enrollment is made within 30 days after issuance of the court order.
Nev. Rev. Stat. § 695I.040 — NV Code / Title 57 / Chapter 695I / Section 695I.040
“Executive Director” defined
Status: in_force

“ Executive Director ” means the Executive Director of the Exchange.
Nev. Rev. Stat. § 695D.160 — NV Code / Title 57 / Chapter 695D / Section 695D.160
Composition of board of directors for organization for dental care that is corporation
Status: in_force

If an organization for dental care is a corporation, its board of directors must include:

1. Dentists who have contracted with the organization to provide dental care to its members; and

2. Members of the plan for dental care, who must comprise at least one-third of the membership of the board by the end of its first year of operation.
Nev. Rev. Stat. § 687B.030 — NV Code / Title 57 / Chapter 687B / Section 687B.030
Waiver of payment of premium
Status: in_force

With respect to any kind of insurance and any type of insurance contract, the insurer may provide for waiver of payment of premium for such causes and subject to such terms and conditions as may be specified in the contract.
Nev. Rev. Stat. § 682A.165 — NV Code / Title 57 / Chapter 682A / Section 682A.165
“Qualified bank” defined
Status: in_force

“ Qualified bank ” means:

1. A national bank, state bank or trust company that at all times is not less than adequately capitalized as determined by the standards adopted by United States banking regulators and that is either regulated by state banking laws or is a member of the Federal Reserve System; or

2. A bank or trust company incorporated or organized in accordance with the laws of a country other than the United States that is regulated as a bank or trust company by that country's government, or an agency thereof, and that at all times is not less than adequately capitalized as determined by the standards adopted by international banking authorities.
Nev. Rev. Stat. § 686C.230 — NV Code / Title 57 / Chapter 686C / Section 686C.230
Imposition; classes
Status: in_force

1. To provide the money necessary to carry out the powers and duties of the Association, the Board of Directors shall assess the member insurers, separately for each account, at such times and for such amounts as the Board finds necessary. An assessment is due upon at least 30 days' written notice to the member insurer and accrues interest after it is due at the rate provided in NRS 99.040 .

2. There are two classes of assessments, as follows: (a) Assessments in Class A must be authorized and called for the purpose of meeting administrative and legal costs and other expenses. An assessment in Class A need not be related to a particular impaired or insolvent insurer. (b) Assessments in Class B must be authorized and called to the extent necessary to carry out the powers and duties of the Association under NRS 686C.150 to 686C.220 , inclusive, with regard to an impaired or insolvent insurer.
Nev. Rev. Stat. § 695G.325 — NV Code / Title 57 / Chapter 695G / Section 695G.325
Provision of health care services to recipients of Medicaid: Notice to recipients if Department of Health and Human Services obtains waiver to provide dental care to persons with diabetes; coordination to ensure receipt of such care
Status: in_force

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

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

2. Coordinate with any entity necessary to ensure that eligible recipients of Medicaid receive the benefits prescribed by that section.
Nev. Rev. Stat. § 689C.019 — NV Code / Title 57 / Chapter 689C / Section 689C.019
“Affiliation period” defined
Status: in_force

“ Affiliation period ” means a period, not to exceed 60 days for new enrollees and 90 days for late enrollees, during which no premiums may be collected from, and coverage issued would not become effective for, a small employer or an eligible employee or a dependent of the eligible employee, if the affiliation period is applied uniformly and without regard to any health status-related factors.
Nev. Rev. Stat. § 695A.010 — NV Code / Title 57 / Chapter 695A / Section 695A.010
“Fraternal benefit society” defined
Status: in_force

“Fraternal benefit society” means any incorporated society, order or supreme lodge, without capital stock, including one exempted under the provisions of paragraph (b) of subsection 1 of NRS 695A.570 whether incorporated or not, which:

1. Is conducted solely for the benefit of its members and their beneficiaries and not for profit;

2. Operates on a lodge system with ritualistic form of work;

3. Has a representative form of government; and

4. Provides benefits in accordance with this chapter.
Nev. Rev. Stat. § 681A.180 — NV Code / Title 57 / Chapter 681A / Section 681A.180
Reinsurance ceded to assuming insurer which maintains trust fund for payment of valid claims
Status: in_force

1. Credit must be allowed if reinsurance is ceded to an assuming insurer which maintains a trust fund in a qualified financial institution in the United States for the payment of the valid claims of its policyholders and ceding insurers in the United States, their assigns and successors in interest. The assuming insurer shall: (a) Report annually to the Commissioner information substantially the same as that required to be reported on the National Association of Insurance Commissioners' form of annual statement by licensed insurers to enable the Commissioner to determine the sufficiency of the trust fund; and (b) Submit to the authority of the Commissioner to examine its books and records.

2. In the case of a single assuming insurer: (a) The trust must consist of an account in trust equal to the assuming insurer's liabilities attributable to business written in the United States and the assuming insurer shall maintain a surplus in trust of not less than $20,000,000. (b) Three years after the assuming insurer has permanently discontinued underwriting new business secured by the trust, the commissioner of insurance of the state with principal regulatory authority over the trust may, at any time, authorize a reduction in the required trustee surplus, but only after finding, based on the assessment of the risk, that the new required surplus level is adequate for the protection of ceding insurers, policyholders and claimants in the United States in light of a reasonably adverse loss development. The risk assessment may involve an actuarial review, including an independent analysis of reserves and cash flows, and must consider all material risk factors, including, as applicable, the lines of business involved, the stability of the incurred loss estimates and the effect of the surplus requirements on the assuming insurer's liquidity or solvency. The minimum required trustee surplus may not be reduced to an amount less than 30 percent of the assuming insurer's liabilities attributable to reinsurance ceded by ceding insurers domiciled in the United States and covered by the trust.

3. In the case of a group of incorporated and individual unincorporated underwriters: (a) The trust must consist of an account in trust equal to the group's liabilities attributable to business written in the United States. (b) The group shall: (1) Maintain a surplus in trust of which $100,000,000 must be held jointly for the benefit of ceding insurers in the United States to any member of the group; and (2) Make available to the Commissioner an annual certification of the solvency of each underwriter by the group's domiciliary regulator and its independent public accountants. (c) The incorporated members of the group: (1) Shall not engage in any business other than underwriting as a member of the group; and (2) Must be subject to the same level of regulation and solvency control by the applicable regulatory agency of the state in which the group is domiciled as the individual unincorporated members of the group.

4. Credit for reinsurance must not be granted unless the form of the trust and any amendments to the trust have been approved by the commissioner of insurance of the state in which the trust is domiciled or the commissioner of insurance of another state that, under the terms of the trust instrument, has accepted responsibility for regulatory authority over the trust. The form of the trust and any amendments to the trust must also be filed with each state in which the ceding insurer beneficiaries are domiciled or located. The trust instrument must provide that: (a) Contested claims become valid and enforceable from money held in the trust to the extent such claims remain unsatisfied within 30 days after the entry of the final order of any court of competent jurisdiction in the United States; (b) Legal title to the assets of the trust must be vested in the trustees for the benefit of the grantor's ceding insurers in the United States, their assigns and successors in interest; (c) The trust is subject to examination as determined by the Commissioner; (d) The trust must remain in effect for as long as the assuming insurers or any member or former member of a group of insurers has outstanding obligations due under the agreements for reinsurance subject to the trust; and (e) Not later than February 28 of each year, the trustees of the trust shall report to the Commissioner in writing setting forth the balance of the trust and listing the trust's investments at the end of the preceding year and shall certify the date of termination of the trust or certify that the trust will not expire before the next following December 31.
Nev. Rev. Stat. § 690C.160 — NV Code / Title 57 / Chapter 690C / Section 690C.160
Application; fees; period of validity; renewal
Status: in_force

1. A provider who wishes to issue, sell or offer for sale service contracts in this state must submit to the Commissioner: (a) A registration application on a form prescribed by the Commissioner; (b) Proof that the provider has complied with the requirements for financial security set forth in NRS 690C.170 ; (c) A copy of each type of service contract the provider proposes to issue, sell or offer for sale; (d) The name, address and telephone number of each administrator with whom the provider intends to contract; (e) A fee of $2,000 and all applicable fees required pursuant to NRS 680C.110 to be paid at the time of application; and (f) The following information for each controlling person: (1) Whether the person, in the last 10 years, has been: (I) Convicted of a felony or misdemeanor of which an essential element is fraud; (II) Insolvent or adjudged bankrupt; (III) Refused a license or registration as a service contract provider or had an existing license or registration as a service contract provider suspended or revoked by any state or governmental agency or authority; or (IV) Fined by any state or governmental agency or authority in any matter regarding service contracts; and (2) Whether there are any pending criminal actions against the person other than moving traffic violations.

2. In addition to the fee required by subsection 1, a provider must pay a fee of $25 for each type of service contract the provider files with the Commissioner.

3. Each year, not later than the anniversary date of his or her certificate of registration, a provider must pay the annual fee required pursuant to NRS 680C.110 in addition to any other fee required pursuant to this section.

4. A certificate of registration is valid for 2 years after the date the Commissioner issues the certificate to the provider. A provider may renew his or her certificate of registration if, not later than 60 days before the certificate expires, the provider submits to the Commissioner: (a) An application on a form prescribed by the Commissioner; (b) A fee of $2,000 and, in addition to any other fee or charge, all applicable fees required pursuant to subsection 3; and (c) The information required by paragraph (f) of subsection 1: (1) If an existing controlling person has had a change in any of the information previously submitted to the Commissioner; or (2) For a controlling person who has not previously submitted the information required by paragraph (f) of subsection 1 to the Commissioner.

5. All fees paid pursuant to this section are nonrefundable.

6. Each application submitted pursuant to this section, including, without limitation, an application for renewal, must: (a) Be signed by an executive officer, if any, of the provider or, if the provider does not have an executive officer, by a controlling person of the provider; and (b) Have attached to it an affidavit signed by the person described in paragraph (a) which meets the requirements of subsection 7.

7. Before signing the application described in subsection 6, the person who signs the application shall verify that the information provided is accurate to the best of his or her knowledge.
Nev. Rev. Stat. § 689C.106 — NV Code / Title 57 / Chapter 689C / Section 689C.106
“Waiting period” defined
Status: in_force

“ Waiting period ” means the period established by a plan of health insurance that must pass before a person who is an eligible participant or beneficiary in a plan is covered for benefits under the terms of the plan. The term includes the period from the date a person submits an application to an individual carrier for coverage under a health benefit plan until the first day of coverage under that health benefit plan.
Nev. Rev. Stat. § 686A.660 — NV Code / Title 57 / Chapter 686A / Section 686A.660
“Insurance score” defined
Status: in_force

“ Insurance score ” means a number or rating that is derived from an algorithm, computer application, model or other process that is based in whole or in part on credit information for the purposes of predicting the future losses or exposure with regard to an applicant or policyholder.
Nev. Rev. Stat. § 695H.120 — NV Code / Title 57 / Chapter 695H / Section 695H.120
Type size for disclosures
Status: in_force

The disclosures required by this chapter must be printed in type that is not smaller than 12-point type.
Nev. Rev. Stat. § 695G.017 — NV Code / Title 57 / Chapter 695G / Section 695G.017
“Covered person” defined
Status: in_force

“ Covered person ” means a policyholder, subscriber, enrollee or other person participating in a health benefit plan.
Nev. Rev. Stat. § 695B.1906 — NV Code / Title 57 / Chapter 695B / Section 695B.1906
Required provision in policy covering prescription drugs concerning coverage for prescription drugs irregularly dispensed for purpose of synchronization of chronic medications; prohibited acts; exception
Status: in_force

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

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

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

4. As used in this section: (a) “ Chronic medication ” means any drug that is prescribed to treat any disease or other condition which is determined to be permanent, persistent or lasting indefinitely. (b) “ Synchronization ” means the alignment of the dispensing of multiple medications by a single contracted pharmacy for the purpose of improving a patient's adherence to a prescribed course of medication. (c) “ Unit-of-use packaging ” means medication that is prepackaged by the manufacturer in blister packs, compliance packs, course-of-therapy packs or any other packaging which is designed and intended to be dispensed directly to the patient without modification by the dispensing pharmacy, except for the addition of a prescription label.
Nev. Rev. Stat. § 682A.113 — NV Code / Title 57 / Chapter 682A / Section 682A.113
“Investment company” defined
Status: in_force

“ Investment company ” has the meaning ascribed to it in 15 U.S.C. § 80a-3 , as amended, and a person described in 15 U.S.C. § 80a-3(c) .
Nev. Rev. Stat. § 681A.330 — NV Code / Title 57 / Chapter 681A / Section 681A.330
“Intermediary” defined
Status: in_force

“Intermediary” includes a broker for reinsurance or a manager for reinsurance.
Nev. Rev. Stat. § 680A.570 — NV Code / Title 57 / Chapter 680A / Section 680A.570
Withdrawal of consent to delivery by electronic means
Status: in_force

1. The withdrawal of consent by a party to delivery by electronic means does not affect the legal effectiveness, validity or enforceability of a notice or other document delivered by electronic means to the party before the withdrawal of consent is effective.

2. A withdrawal of consent by a party becomes effective within a reasonable period of time after receipt of the withdrawal of consent by the insurer.

3. The failure of an insurer to comply with the provisions of paragraph (e) of subsection 1 of NRS 680A.550 or 680A.580 is deemed to constitute a withdrawal of consent to delivery by electronic means unless a party elects to continue to grant consent.
Nev. Rev. Stat. § 695B.1918 — NV Code / Title 57 / Chapter 695B / Section 695B.1918
Required provision in contract covering outpatient care concerning coverage of health care services related to hormone replacement therapy; prohibited acts
Status: in_force

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

2. An insurer that offers or issues a contract for hospital or medical service 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 contract for hospital or medical service or cancel a contract for hospital or medical service solely because the person applying for or covered by the contract 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 contract for hospital or medical service 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 contract 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. § 686A.360 — NV Code / Title 57 / Chapter 686A / Section 686A.360
Application for license: Form; fees; bond; required documents; provision of material changes to Commissioner
Status: in_force

1. An application for a license to engage in the business of a company must be filed with the Commissioner on a form prescribed by the Commissioner and must include: (a) A nonrefundable fee for application and for investigation of the applicant of $500 and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110 ; (b) A surety bond which complies with NRS 679B.175 and is in an amount determined by the Commissioner; (c) A current certified financial statement or another financial statement if individually approved by the Commissioner; (d) An appointment of the Commissioner and the successors in office of the Commissioner as the applicant's attorney to receive service of process; and (e) If the applicant is a corporation, a copy of its articles of incorporation.

2. The applicant shall provide the Commissioner with any material change concerning information contained in the application within 10 days after the change occurs.
Nev. Rev. Stat. § 689C.470 — NV Code / Title 57 / Chapter 689C / Section 689C.470
Renewal of contract; discontinuance of product or issuance or renewal of plan offered only through bona fide association
Status: in_force

1. Except as otherwise provided in NRS 689C.360 to 689C.600 , inclusive, a carrier shall renew a contract as to all insured small employers that are members of a voluntary purchasing group and their employees and dependents at the request of the purchaser unless: (a) Required premiums are not paid; (b) The insured employer or other purchaser is guilty of fraud or misrepresentation; (c) Provisions of the contract are breached; (d) The number or percentage of employees covered under the contract is less than the number or percentage of eligible employees required by the contract; (e) The employer or purchaser is no longer engaged in the business in which it was engaged on the effective date of the contract; or (f) The Commissioner finds that the continuation of the coverage is not in the best interests of the persons insured under the contract or would impair the carrier's ability to meet its contractual obligations. If nonrenewal occurs as a result of findings pursuant to this subsection, the Commissioner shall assist affected persons in replacing coverage.

2. A carrier may discontinue a product offered to a small employer or purchasers pursuant to NRS 689C.360 to 689C.600 , inclusive, only if: (a) The carrier notifies the Commissioner of its decision pursuant to this subsection to discontinue the product at least 60 days before the carrier notifies the affected small employers and purchasers pursuant to paragraph (b). (b) The carrier notifies each affected small employer and purchaser of the decision of the carrier to discontinue the product. The notice must be made at least 90 days before the date on which the carrier will discontinue offering the product. (c) The carrier offers to each affected small employer and purchaser the option to purchase any other health benefit plan currently offered by the carrier to small employers in this state. (d) In exercising the option to discontinue the product and in offering the option to purchase other coverage pursuant to paragraph (c), the carrier acts uniformly without regard to the claim experience of the affected small employers and any health status-related factor relating to any participant or beneficiary covered by the discontinued product or any new participant or beneficiary who may become eligible for such coverage.

3. A carrier may discontinue the issuance and renewal of a health benefit plan offered to a voluntary purchasing group pursuant to this chapter only through a bona fide association if: (a) The membership of the small employer who employs the members of the voluntary purchasing group or the purchaser in the association was the basis for the provision of coverage; (b) The membership of that small employer or the purchaser in the association ceases; and (c) The coverage is terminated pursuant to this subsection uniformly without regard to any health status-related factor relating to the small employer or the purchaser or his or her dependent.
Nev. Rev. Stat. § 697.075 — NV Code / Title 57 / Chapter 697 / Section 697.075
“Home state” defined
Status: in_force

“ Home state ” means the District of Columbia or any state or territory of the United States in which a bail agent maintains his or her principal place of residence or principal place of business and is licensed to act as a bail agent.
Nev. Rev. Stat. § 688B.190 — NV Code / Title 57 / Chapter 688B / Section 688B.190
Proceeds of benefits required to be paid within 30 days after death of insured; interest
Status: in_force

An insurer shall pay the proceeds of any benefits under a group life insurance policy not more than 30 days after the death of the insured. If the proceeds are not paid within this period, the insurer shall pay interest on the proceeds, at a rate that is not less than the current rate of interest on death proceeds on deposit with the insurer, from the date of death of the insured to the date when the proceeds are paid.
Nev. Rev. Stat. § 679B.130 — NV Code / Title 57 / Chapter 679B / Section 679B.130
Regulations: Administration of Code and compliance with federal law relating to insurance; penalties for violation
Status: in_force

1. The Commissioner may adopt reasonable regulations: (a) For the administration of any provision of this Code, NRS 287.04335 or chapters 616A to 617, inclusive, of NRS; or (b) As required to ensure compliance by the Commissioner with any federal law or regulation relating to insurance.

2. A person who willfully violates any regulation of the Commissioner is subject to such suspension or revocation of a certificate of authority or license, or administrative fine in lieu of such suspension or revocation, as may be applicable under this Code or chapter 616A, 616B, 616C, 616D or 617 of NRS for violation of the provision to which the regulation relates. No penalty applies to any act done or omitted in good faith in conformity with any such regulation, notwithstanding that the regulation may, after the act or omission, be amended, rescinded or determined by a judicial or other authority to be invalid for any reason.
Nev. Rev. Stat. § 694B.220 — NV Code / Title 57 / Chapter 694B / Section 694B.220
Aggregate liability
Status: in_force

No one policy or subscriber to such policy, shall be assessed or charged with an aggregate of contingent liability as to obligations incurred by a domestic reciprocal insurer in any 1 calendar year, in excess of the amount provided for in the power of attorney or in the subscribers' agreement, computed solely upon the premium earned on such policy during that year.
Nev. Rev. Stat. § 689A.580 — NV Code / Title 57 / Chapter 689A / Section 689A.580
“Plan sponsor” defined
Status: in_force

“Plan sponsor” has the meaning ascribed to it in section 3(16)(B) of the Employee Retirement Security Act of 1974, as that section existed on July 16, 1997.
Nev. Rev. Stat. § 685A.030 — NV Code / Title 57 / Chapter 685A / Section 685A.030
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 685A.031 to 685A.039 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 691D.090 — NV Code / Title 57 / Chapter 691D / Section 691D.090
“Vendor” defined
Status: in_force

“ Vendor ” means a person who, directly or indirectly, engages in the business of:

1. The sale or lease of portable electronics by the vendor to a customer; or

2. The sale of a service related to the use of portable electronics by the vendor to a customer.
Nev. Rev. Stat. § 695J.260 — NV Code / Title 57 / Chapter 695J / Section 695J.260
Expiration of certificate in absence of appointment by Exchange; termination of appointment by Exchange; notice to Commissioner by Executive Director of Exchange
Status: in_force

1. If an exchange enrollment facilitator fails to obtain an appointment by the Exchange within 30 days after the date on which the certificate was issued, the exchange enrollment facilitator's certificate expires.

2. If the Exchange terminates an exchange enrollment facilitator's appointment, the exchange enrollment facilitator is prohibited from engaging in the business of an exchange enrollment facilitator.

3. Except as otherwise provided in subsection 4, if the Exchange terminates the appointment of an entity other than a natural person: (a) The appointments of exchange enrollment facilitators named on the entity's appointment also terminate; and (b) The exchange enrollment facilitator is prohibited from engaging in the business of an exchange enrollment facilitator under his or her certificate.

4. The provisions of subsection 3 do not apply to any appointments the exchange enrollment facilitator may have individually or through an entity other than the terminated entity.

5. Upon the termination of an appointment for an entity or certificate holder, the Executive Director of the Exchange shall notify the Commissioner of the effective date of the termination and the grounds for termination.
Nev. Rev. Stat. § 688D.140 — NV Code / Title 57 / Chapter 688D / Section 688D.140
Regulations
Status: in_force

The Commissioner may adopt regulations to carry out the provisions of this chapter.
Nev. Rev. Stat. § 691C.040 — NV Code / Title 57 / Chapter 691C / Section 691C.040
“Compensation” defined
Status: in_force

“ Compensation ” means any valuable consideration, direct or indirect, paid by or on behalf of the insurer, or by any subsidiary or parent, or subsidiary of the parent of the insurer, or by any other person to or on behalf of any group policyholder or producer or withheld from an insurer by any group policyholder or producer, and includes:

1. Paid or credited commissions or contingent commissions.

2. Fees for services, consulting fees or any other fee paid or credited within or outside this State in direct relation to the volume of premiums produced or written in this State.

3. The use of electronic data processing equipment or services, except for devices provided in lieu of books and charts of rates and refunds usable only for that purpose.

4. The furnishing of supplies, except forms approved by the Commissioner, the usual forms for claims and reports, envelopes for transmitting claims and brochures, and books and charts of rates and refunds.

5. Providing rental equipment of any type.

6. Advertising.

7. Providing telephone service without charge or at a charge less than the usual cost.

8. Participation in a profit-sharing plan.

9. Dividends and refunds or credits based on experience ratings.

10. An allowance for expenses.

11. Participation in stock plans or bonuses.

12. Any form of credit, including the use of money.

13. Commissions for reinsurance, ceded or assumed.

14. Reinsurance with a nonauthorized insurer owned or controlled by a creditor or producer or with a nonauthorized insurer in which a creditor or producer is a stockholder.

15. Any commission or fee, inducement or intention to induce, or any other consideration arising from the sale of insurance or other product or service, except credit personal property insurance as part of the transaction in which the indebtedness is arranged or the application for the credit personal property insurance is made.
Nev. Rev. Stat. § 690A.280 — NV Code / Title 57 / Chapter 690A / Section 690A.280
Administrative penalties; revocation or suspension of license or certificate of authority
Status: in_force

In addition to any other penalty provided by law, any person who violates any provision of this chapter or a regulation adopted or a final order of the Commissioner issued pursuant to this chapter shall, after notice and hearing, pay an administrative penalty:

1. In an amount not to exceed $5,000; or

2. If the violation is willful, in an amount not to exceed $10,000,

and the Commissioner may, after notice and a hearing, revoke or suspend the license or certificate of authority of that person.
Nev. Rev. Stat. § 690A.140 — NV Code / Title 57 / Chapter 690A / Section 690A.140
Consumer credit insurance required as additional security for debt: Use of existing insurance or through another insurer
Status: in_force

When any form of consumer credit insurance is required as additional security for any debt, the debtor may furnish the required amount of insurance through existing policies of insurance owned or controlled by the debtor or procure or furnish the required coverage through any insurer authorized to transact the business of insurance in this State.
Nev. Rev. Stat. § 695B.1908 — NV Code / Title 57 / Chapter 695B / Section 695B.1908
Required provision in certain contracts concerning coverage for certain drugs and related services for treatment of cancer
Status: in_force

Except as otherwise provided in NRS 695B.1903 :

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

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

3. A contract for hospital or medical services subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after October 1, 1999, has the legal effect of including the coverage required by this section, and any provision of the contract that conflicts with the provisions of this section is void.
Nev. Rev. Stat. § 679A.050 — NV Code / Title 57 / Chapter 679A / Section 679A.050
“Code” defined
Status: in_force

“Code” means the Nevada Insurance Code.
Nev. Rev. Stat. § 688A.110 — NV Code / Title 57 / Chapter 688A / Section 688A.110
Loan secured by policy
Status: in_force

1. There shall be a provision that after 3 full years' premiums have been paid and after the policy has a cash surrender value and while no premium is in default beyond the grace period for payment, the insurer will advance, on proper assignment or pledge of the policy and on the sole security thereof, at a fixed or variable rate of interest as may be approved by the Commissioner, an amount equal to or, at the option of the party entitled thereto, less than the loan value of the policy. The loan value of the policy shall be at least equal to the cash surrender value at the end of the then current policy year, and the insurer may deduct, either from such loan value or from the proceeds of the loan, any existing indebtedness not already deducted in determining such cash surrender value, including any interest then accrued but not due, any unpaid balance of the premium for the current policy year, and interest on the loan to the end of the current policy year. The policy may also provide that if interest on any indebtedness is not paid when due it shall then be added to the existing indebtedness and shall bear interest at the same rate, and that if and when the total indebtedness on the policy, including interest due or accrued, equals or exceeds the amount of the loan value thereof, then the policy shall terminate and become void, but not until at least 30 days' notice has been mailed by the insurer to the last address of record with the insurer, of the insured or other policy owner and of any assignee of record at the insurer's home office. The policy shall reserve to the insurer the right to defer the granting of a loan, other than for the payment of any premium to the insurer, for 6 months after application therefor. Such provision shall also contain a table showing in figures the loan values each year during the first 20 years of the policy, or during the term of the policy, whichever is shorter. The policy, at the insurer's option, may provide for an automatic premium loan.

2. This section does not apply to term policies, or to term insurance benefits provided by rider or supplemental policy provisions or to industrial life insurance policies.
Nev. Rev. Stat. § 694C.200 — NV Code / Title 57 / Chapter 694C / Section 694C.200
Authorization to apply for license in certain circumstances; license required to transact insurance; penalty
Status: in_force

1. A captive insurer, when authorized by its articles of association, articles of incorporation or charter, may apply to the Commissioner for a license to transact insurance.

2. A captive insurer shall not transact insurance in this State unless the captive insurer first obtains a license from the Commissioner.

3. A person who violates this section is subject to the provisions of, and shall be punished pursuant to, the Unauthorized Insurers Act set forth in NRS 685B.020 to 685B.087 , inclusive.
Nev. Rev. Stat. § 696A.180 — NV Code / Title 57 / Chapter 696A / Section 696A.180
Commissioner required to be appointed attorney upon whom process may be served
Status: in_force

1. Every motor club desiring to transact business in this state shall file with the Commissioner a duly executed instrument whereby the motor club shall appoint and constitute the Commissioner and his or her successor or successors in office the true and lawful attorney of such motor club upon whom all lawful process in any action or legal proceeding against it on a contract issued or cause of action arising in this state may be served, and shall agree that any such lawful process against it which may be served upon its attorney as provided in this section shall be of the same force and validity as if served upon the motor club and that the authority thereof shall continue in force irrevocably so long as any liability of the motor club in the State remains outstanding. The fee for filing such power of attorney shall be $5.

2. Process authorized by such instrument or by any similar instrument executed prior to January 1, 1972, shall be served in the manner and under the conditions provided in NRS 680A.260 .
Nev. Rev. Stat. § 691E.340 — NV Code / Title 57 / Chapter 691E / Section 691E.340
Authorized forms of travel insurance; classification and filing of travel insurance; establishment and use of eligibility and underwriting standards
Status: in_force

1. Travel insurance may be provided in this State in the form of an individual policy of travel insurance, a policy of group travel insurance or a policy of blanket travel insurance.

2. Except as otherwise provided in this subsection, for the purposes of any filing required by chapter 686B of NRS or the regulations adopted pursuant thereto, travel insurance must be classified and filed under an inland marine line of insurance. Travel insurance that provides coverage, either exclusively or in conjunction with coverage for emergency evacuation or repatriation of remains, for sickness, accident, disability or death occurring during travel, may be classified and filed under an accident and health line of insurance or an inland marine line of insurance.

3. An insurer may establish and use eligibility and underwriting standards for travel insurance based on travel protection plans designed for individual or identified marketing or distribution channels so long as the standards meet any requirements imposed by this title or the regulations adopted pursuant thereto relating to eligibility and underwriting standards for inland marine insurance.
Nev. Rev. Stat. § 695C.177 — NV Code / Title 57 / Chapter 695C / Section 695C.177
Reimbursement for treatments by licensed psychologist
Status: in_force

If any evidence of coverage provides coverage for treatment of an illness which is within the authorized scope of the practice of a qualified psychologist, the insured is entitled to reimbursement for treatments by a licensed psychologist.
Nev. Rev. Stat. § 689C.203 — NV Code / Title 57 / Chapter 689C / Section 689C.203
Requirement for denial of application for coverage from small employer; regulations setting standards for fair marketing and broad availability of plans
Status: in_force

1. A denial by a carrier of an application for coverage from a small employer must be in writing and must state the reason for the denial.

2. The Commissioner may adopt regulations that set forth standards to provide for the fair marketing and broad availability of health benefit plans to small employers in this state.
Nev. Rev. Stat. § 689A.0485 — NV Code / Title 57 / Chapter 689A / Section 689A.0485
Treatment by licensed associate in social work, social worker, master social worker, independent social worker or clinical social worker
Status: in_force

If any policy of health insurance provides coverage for treatment of an illness which is within the authorized scope of the practice of a licensed associate in social work, a social worker, a master social worker, an independent social worker or a clinical social worker, the insured is entitled to reimbursement for treatment by an associate in social work, a social worker, a master social worker, an independent social worker or a clinical social worker who is licensed pursuant to chapter 641B of NRS .
Nev. Rev. Stat. § 694C.360 — NV Code / Title 57 / Chapter 694C / Section 694C.360
Use of insurance of captive insurer to satisfy requirements relating to insurance on vehicles subject to Nevada Transportation Authority or Taxicab Authority prohibited; exception
Status: in_force

Insurance provided by a captive insurer in accordance with this chapter may not be used to satisfy the requirements set forth in chapter 706 of NRS relating to the insurance required to be maintained by vehicles subject to the jurisdiction of the Nevada Transportation Authority or Taxicab Authority, unless the Nevada Transportation Authority or Taxicab Authority, as appropriate, specifically approves the use of insurance provided by a captive insurer for that purpose.
Nev. Rev. Stat. § 689C.1674 — NV Code / Title 57 / Chapter 689C / Section 689C.1674
Coverage for certain screenings and tests for breast cancer required; prohibited acts
Status: in_force

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

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

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

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

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

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

7. As used in this section: (a) “ Medical management technique ” means a practice which is used to control the cost or utilization of health care services or prescription drug use. The term includes, without limitation, the use of step therapy, prior authorization or categorizing drugs and devices based on cost, type or method of administration. (b) “ Network plan ” means a health benefit plan offered by a carrier under which the financing and delivery of medical care, including items and services paid for as medical care, are provided, in whole or in part, through a defined set of providers under contract with the carrier. The term does not include an arrangement for the financing of premiums. (c) “ Provider of health care ” has the meaning ascribed to it in NRS 629.031 . (d) “ Qualified health benefit plan ” means a health benefit plan that has a high deductible and is in compliance with 26 U.S.C. § 223 for the purposes of establishing a health savings account.
Nev. Rev. Stat. § 694C.030 — NV Code / Title 57 / Chapter 694C / Section 694C.030
“Agency captive insurer” defined
Status: in_force

“ Agency captive insurer ” means a captive insurer that is owned or directly or indirectly controlled by an insurance agency or brokerage and that only insures risks of policies which are placed by or through the agency or brokerage.
Nev. Rev. Stat. § 682A.053 — NV Code / Title 57 / Chapter 682A / Section 682A.053
“Covered” defined
Status: in_force

“ Covered ” means that an insurer owns or can immediately acquire, through the exercise of options, warrants or conversion rights already owned, the underlying interest to fulfill or secure its obligations under a call option, cap or floor it has written, or has set aside in accordance with a custodial or escrow agreement, cash or cash equivalents with a market value equal to the amount required to fulfill its obligations in accordance with a put option it has written, in an income generation transaction.
Nev. Rev. Stat. § 695F.010 — NV Code / Title 57 / Chapter 695F / Section 695F.010
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 695F.020 to 695F.070 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 695D.300 — NV Code / Title 57 / Chapter 695D / Section 695D.300
Disciplinary action: Grounds; penalties
Status: in_force

1. The Commissioner may suspend or revoke any certificate of authority issued to an organization for dental care or impose a fine of not more than $500 for each violation if the Commissioner finds that: (a) The organization is operating contrary to the information it submitted to the Commissioner for its certificate of authority; (b) The organization issued a policy to a member which was not approved by the Commissioner; (c) The plan for dental care does not provide basic services appropriate for such a plan; (d) The organization can no longer meet its obligations to members or prospective members; (e) The organization or any person on its behalf has advertised its plan in an untrue, misleading, deceptive or unfair manner; or (f) The organization has failed to comply substantially with this chapter or the regulations of the Commissioner.

2. If the certificate of authority of an organization is suspended, the organization shall not, during the period of the suspension, accept any new members and shall not advertise for or solicit any new members.

3. If the certificate of authority of an organization is revoked, the organization shall proceed, immediately following the order, to terminate its affairs and shall conduct no other business. The Commissioner, by written order, may approve the continued operation of the organization for a specified time if the Commissioner finds that the members need that time to obtain coverage for dental care from another organization or insurer.
Nev. Rev. Stat. § 695C.17347 — NV Code / Title 57 / Chapter 695C / Section 695C.17347
Required provision concerning coverage for screening, genetic counseling and testing related to BRCA gene in certain circumstances
Status: in_force

1. A health maintenance organization that issues a health care plan 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 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.

3. A health care plan 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 plan that conflicts with the provisions of this section is void.

4. As used in this section: (a) “ 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. (b) “ Provider of health care ” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 689A.419 — NV Code / Title 57 / Chapter 689A / Section 689A.419
Offering policy of health insurance for purposes of establishing health savings account
Status: in_force

An insurer may, subject to regulation by the Commissioner, offer a policy of health insurance that has a high deductible and is in compliance with 26 U.S.C. § 223 for the purposes of establishing a health savings account.
Nev. Rev. Stat. § 690D.070 — NV Code / Title 57 / Chapter 690D / Section 690D.070
“Long-term lessor” defined
Status: in_force

“ Long-term lessor ” has the meaning ascribed to it in NRS 482.053 .
Nev. Rev. Stat. § 694B.030 — NV Code / Title 57 / Chapter 694B / Section 694B.030
Powers of reciprocal insurers
Status: in_force

1. A reciprocal insurer may, upon qualifying therefor as provided for by this Code, transact any kind or kinds of insurance defined by this Code other than life or title insurances.

2. Such an insurer may purchase reinsurance upon the risk of any subscriber, and may grant reinsurance as to any kind of insurance it is authorized to transact directly.
Nev. Rev. Stat. § 687B.050 — NV Code / Title 57 / Chapter 687B / Section 687B.050
Insurable interest: Exception when certain institutions designated beneficiary
Status: in_force

1. Life insurance contracts may be entered into in which the person paying the consideration for the insurance has no insurable interest in the life of the individual insured, where charitable, benevolent, educational or religious institutions or their agencies are designated irrevocably as the beneficiaries thereof.

2. In making such contracts the person paying the premium shall make and sign the application therefor as owner, and shall designate irrevocably a charitable, benevolent, educational or religious institution or an agency thereof as the beneficiary or beneficiaries of such contract. The application shall be signed also by the individual whose life is to be insured.

3. Nothing in this section shall prohibit any combination of the applicant, premium payer, owner and beneficiary from being the same person.

4. Such a contract shall be valid and binding among the parties thereto, notwithstanding the absence otherwise of an insurable interest in the life of the individual insured.
Nev. Rev. Stat. § 689.450 — NV Code / Title 57 / Chapter 689 / Section 689.450
Definitions
Status: in_force

As used in NRS 689.450 to 689.595 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 689.455 to 689.475 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 689B.0675 — NV Code / Title 57 / Chapter 689B / Section 689B.0675
Insurer prohibited from discriminating against person with respect to participation or coverage on basis of gender identity or expression
Status: in_force

An insurer that issues a policy of group health insurance shall not discriminate against any person with respect to participation or coverage under the policy on the basis of actual or perceived gender identity or expression. Prohibited discrimination includes, without limitation:

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

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

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

4. Denying, cancelling or limiting participation or coverage on the basis of actual or perceived gender identity or expression, including, without limitation, by limiting or denying coverage for health care services that are: (a) Related to gender transition, provided that there is coverage under the policy for the services when the services are not related to gender transition; or (b) Ordinarily or exclusively available to persons of any sex.
Nev. Rev. Stat. § 694C.240 — NV Code / Title 57 / Chapter 694C / Section 694C.240
Insurer required to include business plan with application for issuance and renewal of license; updates to business plan
Status: in_force

A captive insurer shall include its business plan with its application for the issuance and renewal of a license. If the captive insurer makes any changes to the business plan, the captive insurer shall, as soon as practicable, file a copy of the updated business plan with the Commissioner.
Nev. Rev. Stat. § 695B.255 — NV Code / Title 57 / Chapter 695B / Section 695B.255
Benefits exceeding those provided under group contract not required; exclusions and limitations
Status: in_force

A medical service corporation is not required to issue a converted contract which provides benefits in excess of those provided under the group contract from which conversion is made, and a converted contract may contain any exclusion or benefit limitation contained in the group contract.
Nev. Rev. Stat. § 690B.350 — NV Code / Title 57 / Chapter 690B / Section 690B.350
Essential medical specialties: Determination, cancellation, termination or nonrenewal of professional liability insurance
Status: in_force

1. The requirements of this section apply only if, after a hearing convened at the discretion of the Commissioner, the Commissioner determines that the market for professional liability insurance issued to any class, type or specialty of practitioner licensed pursuant to chapter 630, 631 or 633 of NRS is not competitive and that such insurance is unavailable or unaffordable for a substantial number of such practitioners.

2. If the Commissioner convenes a hearing pursuant to subsection 1 and issues a finding that the market for professional liability insurance issued to any class, type or specialty of practitioner licensed pursuant to chapter 630, 631 or 633 of NRS is not competitive, the Commissioner may designate that class, type or specialty of practitioner to be an essential medical specialty.

3. Except as otherwise provided in this section, if an insurer intends to cancel, terminate or otherwise not renew all policies of professional liability insurance that it has issued to any class, type or specialty of practitioner licensed pursuant to chapter 630, 631 or 633 of NRS , the insurer must provide 120 days' notice of its intended action to the Commissioner and the practitioners before its intended action becomes effective.

4. If an insurer intends to cancel, terminate or otherwise not renew a specific policy of professional liability insurance that it has issued to a practitioner who is practicing in one or more of the essential medical specialties designated by the Commissioner: (a) The insurer must provide 120 days' notice to the practitioner before its intended action becomes effective; and (b) The Commissioner may require the insurer to delay its intended action for a period of not more than 60 days if the Commissioner determines that a replacement policy is not readily available to the practitioner.

5. If an insurer intends to cancel, terminate or otherwise not renew all policies of professional liability insurance that it has issued to practitioners who are practicing in one or more of the essential medical specialties designated by the Commissioner: (a) The insurer must provide 120 days' notice of its intended action to the Commissioner and the practitioners before its intended action becomes effective; and (b) The Commissioner may require the insurer to delay its intended action for a period of not more than 60 days if the Commissioner determines that replacement policies are not readily available to the practitioners.

6. The Commissioner may adopt any regulations that are necessary to carry out the provisions of this section.
Nev. Rev. Stat. § 681A.062 — NV Code / Title 57 / Chapter 681A / Section 681A.062
“Reciprocal jurisdiction” defined
Status: in_force

“ Reciprocal jurisdiction ” means a jurisdiction, as designated by the Commissioner pursuant to NRS 681A.2135 , which is one of the following:

1. A non-United States jurisdiction that is subject to an in-force covered agreement with the United States, each within its legal authority, or, in the case of a covered agreement between the United States and the European Union, is a member state of the European Union;

2. A United States jurisdiction that meets the requirements for accreditation under the NAIC financial standards and accreditation program; or

3. A qualified jurisdiction, as determined by the Commissioner pursuant to NRS 681A.1553 , which is not otherwise described in subsections 1 and 2 and which the Commissioner determines meets certain additional requirements, consistent with the terms and conditions of in-force covered agreements, including, without limitation, that the qualified jurisdiction: (a) Provides that an insurer which has its head office or is domiciled in such qualified jurisdiction shall receive credit for reinsurance ceded to a United States domiciled assuming insurer in the same manner as credit for reinsurance is received for reinsurance assumed by insurers domiciled in such qualified jurisdiction; (b) Does not require a United States-domiciled assuming insurer to establish or maintain a local presence as a condition for entering into a reinsurance agreement with any ceding insurer subject to regulation by the non-United States jurisdiction or as a condition to allow the ceding insurer to recognize credit for such reinsurance; (c) Recognizes the United States's state regulatory approach to group supervision and group capital, by providing written confirmation by a competent regulatory authority, in the qualified jurisdiction, that insurers and insurance groups that are domiciled or maintain their headquarters in this State or another jurisdiction accredited by the NAIC shall be subject only to worldwide prudential insurance group supervision including, without limitation, worldwide group governance, solvency and capital, and reporting, as applicable, by the Commissioner or the commissioner of the domiciliary state and will not be subject to group supervision at the level of the worldwide parent undertaking of the insurance or reinsurance group by the qualified jurisdiction; and (d) Provides written confirmation by a competent regulatory authority in such qualified jurisdiction that information regarding insurers and their parent, subsidiary, or affiliated entities, if applicable, will be provided to the Commissioner in accordance with a memorandum of understanding or similar document between the Commissioner and the qualified jurisdiction, including, without limitation, the International Association of Insurance Supervisors Multilateral Memorandum of Understanding or other multilateral memoranda of understanding coordinated by the NAIC.
Nev. Rev. Stat. § 695F.040 — NV Code / Title 57 / Chapter 695F / Section 695F.040
“Limited health service” defined
Status: in_force

“ Limited health service ” means:

1. Chiropractic, naprapathic, dental, hospital, medical, optometric, pharmaceutical, podiatric or surgical care;

2. Treatment relating to mental health or an alcohol or substance use disorder; or

3. Such other care or treatment as may be determined by the Commissioner to be a limited health service.
Nev. Rev. Stat. § 686B.1763 — NV Code / Title 57 / Chapter 686B / Section 686B.1763
Applicability of provisions; Commissioner required to administer provisions
Status: in_force

1. NRS 686B.1751 to 686B.1799 , inclusive, apply to insurers providing industrial insurance and to the Advisory Organization designated by the Commissioner. The Commissioner shall administer the provisions of these sections.

2. These provisions apply to all industrial insurance issued in this state except reinsurance.
Nev. Rev. Stat. § 680A.030 — NV Code / Title 57 / Chapter 680A / Section 680A.030
“Mutual” insurer defined
Status: in_force

A “mutual” insurer is an incorporated insurer without capital stock and the governing body of which is elected by its policyholders. This definition shall not be deemed to exclude as “mutual” insurers certain foreign insurers found by the Commissioner to be organized on the mutual plan under the laws of their states of domicile, but having temporary share capital or providing for election of the insurer's governing body on a reasonable basis.
Nev. Rev. Stat. § 684A.110 — NV Code / Title 57 / Chapter 684A / Section 684A.110
Issuance of license; notice of refusal to issue license; fees not refundable; name of licensee
Status: in_force

1. If the Commissioner finds that the application is complete, that the applicant has passed all required examinations and is otherwise eligible and qualified for the license as an adjuster, the Commissioner shall promptly issue the license. If the Commissioner refuses to issue the license, the Commissioner shall promptly notify the applicant in writing of the refusal, stating the grounds for the refusal.

2. All fees paid by an applicant with an application for a license shall be deemed earned when received and may not be refunded.

3. An applicant for a license who desires to use a name other than his or her true name must comply with the provisions of NRS 683A.301 .
Nev. Rev. Stat. § 680B.030 — NV Code / Title 57 / Chapter 680B / Section 680B.030
General tax on premiums: Annual report by insurer
Status: in_force

1. Each insurer and each formerly authorized insurer with respect to insurance transacted while an authorized insurer and property bondsman shall, on or before March 15 of each year, or within any reasonable extension of time therefor which the Executive Director of the Department of Taxation may for good cause have granted on or before that date, file with the Department of Taxation a report in such form as prescribed by the Executive Director of the Department of Taxation in cooperation with the Commissioner, showing total income derived from direct premiums written, including policy, membership and other fees and assessments, and all other considerations for insurance, bail or annuity contracts written during the next preceding calendar year on account of policies and contracts covering property, subjects or risks located, resident or to be performed in this State, with proper proportionate allocation of premiums as to such persons, property, subjects or risks in this State insured under policies and contracts covering persons, property, subjects or risks located or resident in more than one state, after deducting from the total income derived from direct premiums written: (a) The amount of return premiums; and (b) Dividends, savings and unabsorbed premium deposits returned to policyholders in cash or credited to their accounts.

2. The report must be: (a) Accompanied by a payment made payable to the Department of Taxation in an amount equal to all of the tax required to be paid on net direct premiums and net direct considerations written during the preceding calendar year, less any quarterly payments made for the same period pursuant to NRS 680B.032 ; and (b) Verified by the oath or affirmation of the insurer's president, vice president, secretary, treasurer or manager.
Nev. Rev. Stat. § 681B.400 — NV Code / Title 57 / Chapter 681B / Section 681B.400
Confidential information
Status: in_force

1. The following types of information shall qualify as confidential information: (a) A memorandum in support of an opinion submitted pursuant to NRS 681B.200 to 681B.260 , inclusive, or 681B.350 and any other documents, materials and other information, including, without limitation, all working papers, and copies thereof, created, produced or obtained by or disclosed to the Commissioner or any other person in connection with such memorandum; (b) All documents, materials and other information, including, without limitation, all working papers, and copies thereof, created, produced or obtained by or disclosed to the Commissioner or any other person in the course of an examination authorized by subsection 4 of NRS 679B.230 or subsection 7 of NRS 681B.300 , provided that if an examination report or other material prepared in connection with an examination authorized by NRS 679B.230 to 679B.300 , inclusive, is not held as private and confidential information in accordance with the provisions of NRS 679B.230 to 679B.300 , inclusive, an adopted examination report created in accordance with the provisions of subsection 4 of NRS 679B.230 or subsection 7 of NRS 681B.300 shall not be deemed confidential information; (c) Any reports, documents, materials and other information developed by an applicable company in support of, or in connection with, an annual certification by the applicable company in accordance with the provisions of paragraph (b) of subsection 1 of NRS 681B.360 evaluating the effectiveness of the company's internal controls with respect to a principle-based valuation, and any other documents, materials and other information, including, without limitation, all working papers, and copies thereof, created, produced or obtained by or disclosed to the Commissioner or any other person in connection with such reports, documents, materials and other information; (d) Any principle-based valuation report developed in accordance with paragraph (c) of subsection 1 of NRS 681B.360 , and any other documents, materials and other information, including, without limitation, all working papers, and copies thereof, created, produced or obtained by or disclosed to the Commissioner or any other person in connection with such report; and (e) Any experience data and experience materials, and any other documents, materials, data and other information, including, without limitation, all working papers, and copies thereof, created, produced or obtained by or disclosed to the Commissioner or any other person in connection with such data and materials.

2. As used in this section: (a) “ Experience data ” means all documents, materials, data and other information submitted by an applicable company to the Commissioner, a designated experience reporting agent or other such person authorized to act on behalf of the Commissioner pursuant to NRS 681B.500 and 681B.510 . (b) “ Experience materials ” means all documents, materials, data and other information, including, without limitation, all working papers, and copies thereof, created or produced in connection with experience data including, without limitation, any potentially company-identifying or personally identifiable information, that is provided to or obtained by the Commissioner, a designated experience reporting agent or other such person authorized to act on behalf of the Commissioner pursuant to NRS 681B.500 and 681B.510 .
Nev. Rev. Stat. § 688A.284 — NV Code / Title 57 / Chapter 688A / Section 688A.284
Qualified charitable-gift annuity: Required notice to Commissioner; contents of notice; further information
Status: in_force

1. A charitable organization that issues qualified charitable-gift annuities shall notify the Commissioner in writing on or before December 30, 1999, or the expiration of 90 days after it first enters into an agreement to issue a qualified charitable-gift annuity, whichever is later. The notice must: (a) Be signed by an officer or director of the organization; (b) Identify the organization; and (c) Certify that the organization is a charitable organization and that the annuities are qualified charitable-gift annuities.

2. Unless the Commissioner demands information to determine the amount of a penalty pursuant to NRS 688A.285 , the organization need submit no other information.
Nev. Rev. Stat. § 697.100 — NV Code / Title 57 / Chapter 697 / Section 697.100
Licensing of natural persons and corporations; partnership
Status: in_force

1. Except as otherwise provided in this section, no license may be issued: (a) Except in compliance with this chapter. (b) To a bail agent, bail enforcement agent or bail solicitor, unless he or she is a natural person.

2. A corporation may be licensed as a bail agent or bail enforcement agent if: (a) The corporation is owned and controlled by an insurer authorized to write surety in this State or a subsidiary corporation of such an insurer; or (b) Ownership and control of the corporation is retained by one or more licensed agents.

3. This section does not prohibit two or more licensed bail agents from entering into a partnership for the conduct of their bail business. No person may be a member of such a partnership unless the person is licensed pursuant to this chapter in the same capacity as all other members of the partnership. A limited partnership or a natural person may not have any proprietary interest, directly or indirectly, in a partnership or the conduct of business thereunder except licensed bail agents as provided in this chapter.
Nev. Rev. Stat. § 680B.0395 — NV Code / Title 57 / Chapter 680B / Section 680B.0395
General tax on premiums: Exemption for authorized reinsurer
Status: in_force

An insurer who holds a certificate of authority as a reinsurer is exempt from the requirements of NRS 680B.025 to 680B.039 , inclusive.
Nev. Rev. Stat. § 695B.250 — NV Code / Title 57 / Chapter 695B / Section 695B.250
Extensions of time; automatic approval
Status: in_force

1. Upon written request from the corporation subject to the provisions of this chapter filed within 50 days after the date on which the coverage is provided or agreed to be provided and upon proof satisfactory to the Commissioner that the corporation is acting with due diligence and that hardship will result unless an extension is granted, the Commissioner may extend the time set forth in paragraph (a) of subsection 3 of NRS 695B.240 for a period of not to exceed 30 days. Upon such extension, the corporation with the consent of the subscriber may amend the memorandum referred to in paragraph (b) of subsection 2 of NRS 695B.240 to extend the time within which the certificate must be issued and delivered to the subscriber to 30 days after the date to which the Commissioner has extended the time within which a form of contract and certificate must be submitted to the Commissioner for approval and to extend the date for termination of coverage to 30 days thereafter.

2. A contract and certificate submitted to the Commissioner with a letter from the corporation stating that coverage has been provided in accordance with this section shall be automatically approved unless the Commissioner disapproves the same within 30 days of the date of its submission to the Commissioner.
Nev. Rev. Stat. § 696A.185 — NV Code / Title 57 / Chapter 696A / Section 696A.185
Annual filing requirements; fees and assessments; administrative penalty
Status: in_force

1. Every motor club shall file with the Commissioner on or before March 1 of each year a report which summarizes its activities for the preceding calendar year. The report must be verified by at least two officers of the motor club.

2. The report must be on a form prescribed by the Commissioner and must include: (a) A financial statement for the motor club, including its balance sheet and receipts and disbursements for the preceding calendar year; (b) Any material changes in the information given in the previous report; (c) The number of members enrolled in the year; (d) The costs of all services provided for that year; and (e) Any other information relating to the motor club requested by the Commissioner.

3. The motor club must pay to the Commissioner all applicable fees.

4. Every motor club shall file with the Commissioner on or before June 1 of each year a financial statement of the motor club certified by an independent public accountant.

5. Any motor club failing, without just cause beyond its reasonable control, to file timely the report or financial statement or to pay timely the fees as required by this section shall pay an administrative penalty of $100 per day until the report or statement is filed, except that the total penalty must not exceed $3,000. The Attorney General shall recover the penalty in the name of the State of Nevada.

6. A motor club is not exempt from the provisions of NRS 679B.700 .
Nev. Rev. Stat. § 682A.075 — NV Code / Title 57 / Chapter 682A / Section 682A.075
“Floor” defined
Status: in_force

“ Floor ” means an agreement obligating the seller to make payments to the buyer in which each payment is based on the amount by which a predetermined number, sometimes called the floor rate or price, exceeds a reference price, level, performance or value of one or more underlying interests.
Nev. Rev. Stat. § 690B.270 — NV Code / Title 57 / Chapter 690B / Section 690B.270
Disclosure to practitioner of reasons for failure to issue professional liability insurance
Status: in_force

If an insurer declines to issue to a practitioner licensed pursuant to chapter 630, 631, 632 or 633 of NRS a policy of professional liability insurance, the insurer shall, upon the request of the practitioner, disclose to the practitioner the reasons the insurer declined to issue the policy.
Nev. Rev. Stat. § 695D.080 — NV Code / Title 57 / Chapter 695D / Section 695D.080
“Policy” defined
Status: in_force

“Policy” means the document given to a member which describes the dental care to which the member is entitled under a plan for dental care and the obligations of the member to the organization for dental care.
Nev. Rev. Stat. § 687B.805 — NV Code / Title 57 / Chapter 687B / Section 687B.805
Prohibited acts by health carrier relating to 340B Program; provisions do not prohibit certain entities from taking actions necessary to prevent duplicate discounts or rebates or ensure financial stability of Medicaid program
Status: in_force

1. A health carrier shall not: (a) Discriminate against a covered entity, a contract pharmacy or a 340B drug in the amount of reimbursement for any item or service or the procedures for obtaining such reimbursement; (b) Assess any fee, chargeback, clawback or adjustment against a covered entity or contract pharmacy on the basis that the covered entity or contract pharmacy dispenses a 340B drug or otherwise limit the ability of a covered entity or contract pharmacy to receive the full benefit of purchasing the 340B drug at or below the ceiling price, as calculated pursuant to 42 U.S.C. § 256b(a)(1) ; (c) Exclude a covered entity or contract pharmacy from any network because the covered entity or contract pharmacy dispenses a 340B drug; (d) Restrict the ability of a person to receive a 340B drug, including, without limitation, by imposing a copayment, coinsurance, deductible or other cost-sharing obligation on the drug that is different from a similar drug on the basis that the drug is a 340B drug; (e) Restrict the methods by which a covered entity or contract pharmacy may dispense or deliver a 340B drug or the entity through which a covered entity may dispense or deliver such a drug in a manner that does not apply to drugs that are not 340B drugs; or (f) Prohibit a covered entity or contract pharmacy from purchasing a 340B drug or interfere with the ability of a covered entity or contract pharmacy to purchase a 340B drug.

2. This section does not prohibit the Department of Health and Human Services, the Division of Health Care Financing and Policy of the Department of Health and Human Services or a Medicaid managed care organization from taking such actions as are necessary to: (a) Prevent duplicate discounts or rebates where prohibited by 42 U.S.C. § 256b(a)(5)(A) ; or (b) Ensure the financial stability of the Medicaid program, including, without limitation, by including or enforcing provisions in any relevant contract.

3. As used in this section: (a) “ 340B drug ” means a prescription drug that is purchased by a covered entity under the 340B Program. (b) “ 340B Program ” means the drug pricing program established by the United States Secretary of Health and Human Services pursuant to section 340B of the Public Health Service Act, 42 U.S.C. § 256b , as amended. (c) “ Contract pharmacy ” means a pharmacy that enters into a contract with a covered entity to dispense 340B drugs and provide related pharmacy services to the patients of the covered entity. (d) “ Covered entity ” has the meaning ascribed to it in 42 U.S.C. § 256b(a)(4) . (e) “ Medicaid managed care organization ” has the meaning ascribed to it in 42 U.S.C. § 1396b(m) .
Nev. Rev. Stat. § 692A.041 — NV Code / Title 57 / Chapter 692A / Section 692A.041
“Premium” defined
Status: in_force

1. “ Premium ” means charges for: (a) Assuming a risk; (b) Abstracting, searching and examining title to determine insurability; and (c) Any other activity associated with the assumption of risk.

2. “ Premium ” does not include charges for: (a) Escrow; (b) Settlement or closing; or (c) Other special services not associated with the assumption of risk, whether or not they are called premiums.
Nev. Rev. Stat. § 693A.340 — NV Code / Title 57 / Chapter 693A / Section 693A.340
Preservation of original charter in merger or consolidation
Status: in_force

1. In any merger or consolidation of a foreign stock or mutual insurer into or with a domestic insurer under NRS 693A.330 or 693A.350 , and if so provided in accordance with this section, the continuing Nevada corporation shall for all purposes be deemed to be a continuation of the corporate existence of the foreign corporation, with Nevada as the adoptive state of domicile and with date of corporate origin the same as the original date of incorporation of the foreign insurer in its original domiciliary state or country, subject to the following conditions: (a) The plan and agreement for merger or consolidation shall provide for such continuation of corporate existence through designation of Nevada as the state of domicile of the foreign corporation by adoption, and shall specify the original date of incorporation of the foreign corporation in its original domiciliary state or country as being the date of incorporation of the Nevada corporation pursuant to this section. (b) The articles of incorporation of the Nevada corporation shall provide, or be amended to provide, that the corporation is a continuance of the corporate existence, through adoption of the State of Nevada as the corporate domicile, of the foreign corporation, and shall specify the original date of incorporation of the foreign corporation in its original domiciliary state or country as being the date of incorporation of the Nevada corporation pursuant to this section.

2. The continuing Nevada corporation shall have all the rights and obligations of, and be given recognition in all respects as, a corporation formed under the laws of this state as of the date of incorporation of the foreign corporation in its original domiciliary state or country. This provision shall not be deemed to impose upon the continuing Nevada corporation any liability or obligation with respect to filings, fees, taxes or otherwise which might have accrued prior to the effective date of the merger or consolidation.

3. This section shall not be deemed in any manner to preserve, after the effective date of such merger or consolidation, the corporate existence of such foreign corporation as a corporation of its original domiciliary state or country.
Nev. Rev. Stat. § 688C.140 — NV Code / Title 57 / Chapter 688C / Section 688C.140
“Viaticated policy” defined
Status: in_force

“ Viaticated policy ” means a policy that has been acquired by a provider of viatical settlements pursuant to a viatical settlement.
Nev. Rev. Stat. § 693A.615 — NV Code / Title 57 / Chapter 693A / Section 693A.615
Confidentiality and publication of pertinent information and documents
Status: in_force

1. Except as otherwise provided in subsection 2 and NRS 239.0115 , all information and documents obtained by or disclosed to the Commissioner or any other person in the course of preparing, filing and processing an application to reorganize pursuant to NRS 693A.580 , other than information and documents distributed to policyholders in connection with the meeting of policyholders pursuant to NRS 693A.595 or filed or submitted as evidence in connection with the public hearing pursuant to NRS 693A.585 , are confidential and not subject to subpoena, and must not be made public by the Commissioner, the National Association of Insurance Commissioners or any other person, except to insurance departments of other states, without the prior written consent of the insurer to which such information and documents pertain.

2. If the Commissioner, after giving the insurer and its affiliates who would be affected notice and opportunity to be heard, determines that the interests of policyholders, shareholders or the public will be best served by the publication of such information and documents, the Commissioner may publish all or any part thereof in such a manner as the Commissioner determines appropriate.
Nev. Rev. Stat. § 697.230 — NV Code / Title 57 / Chapter 697 / Section 697.230
Period of validity; expiration and renewal of license; fees; termination of license of general agent; exceptions
Status: in_force

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

1. Except as otherwise provided in NRS 697.177 , each license issued to or renewed for a general agent, bail agent, bail enforcement agent or bail solicitor under this chapter continues in force for 3 years unless it is suspended, revoked or otherwise terminated. A license may be renewed upon payment of all applicable fees for renewal to the Commissioner on or before the renewal date for the license. All applicable fees must be accompanied by: (a) Except as otherwise provided in subsection 6, proof that the licensee has completed a 3-hour program of continuing education that is: (1) Offered by the authorized surety insurer from whom the licensee received written appointment, if any, a state or national organization of bail agents or another organization that administers training programs for general agents, bail agents, bail enforcement agents or bail solicitors; and (2) Approved by the Commissioner; (b) If the licensee is a natural person, the statement required pursuant to NRS 697.181 ; and (c) A written request for renewal of the license. The request must be made and signed: (1) By the licensee in the case of the renewal of a license as a general agent, bail enforcement agent or bail agent. (2) By the bail solicitor and the bail agent who employs the solicitor in the case of the renewal of a license as a bail solicitor.

2. Any license that is not renewed on or before the renewal date for the license expires on the renewal date. The Commissioner may accept a request for renewal received by the Commissioner within 30 days after the date of expiration if the request is accompanied by a fee for renewal of 150 percent of all applicable fees otherwise required, except for any fee required pursuant to NRS 680C.110 , and, if the person requesting renewal is a natural person, the statement required pursuant to NRS 697.181 .

3. A bail agent's license continues in force while there is in effect an appointment of him or her as a bail agent of one or more authorized insurers. Upon termination of all the bail agent's appointments and the bail agent's failure to replace any appointment within 30 days thereafter, the bail agent's license expires and the bail agent shall promptly deliver his or her license to the Commissioner.

4. The Commissioner shall terminate the license of a general agent for a particular insurer upon a written request by the insurer.

5. This section does not apply to temporary licenses issued under NRS 683A.311 or 697.177 .

6. The provisions of paragraph (a) of subsection 1 do not apply to a person who: (a) Holds a nonresident license as a bail agent; and (b) Has met the continuing education requirements of his or her home state.

7. 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. § 689.305 — NV Code / Title 57 / Chapter 689 / Section 689.305
Prepaid contracts: Maximum sales commission
Status: in_force

The sales commission on any prepaid contract shall not exceed 25 percent of the purchase price.
Nev. Rev. Stat. § 686C.180 — NV Code / Title 57 / Chapter 686C / Section 686C.180
Provision of assistance to Commissioner
Status: in_force

The Association may render assistance and advice to the Commissioner upon request by the Commissioner, concerning rehabilitation, payment of claims, continuation of coverage or the performance of other contractual obligations of an impaired or insolvent insurer.
Nev. Rev. Stat. § 695C.100 — NV Code / Title 57 / Chapter 695C / Section 695C.100
Certificate of authority: Denial
Status: in_force

A certificate of authority shall be denied only after compliance with the requirements of NRS 695C.340 .
Nev. Rev. Stat. § 694A.050 — NV Code / Title 57 / Chapter 694A / Section 694A.050
Investment accounts and transactions
Status: in_force

1. The provisions of NRS 694A.030 do not apply to any purchase and sale, or sale and purchase, and the provisions of NRS 694A.040 do not apply to any sale, of an equity security of a domestic stock insurer not then or theretofore held by him or her in an investment account, by a dealer in the ordinary course of his or her business and incident to the establishment or maintenance by the dealer of a primary or secondary market (otherwise than on an exchange as defined in the Securities Exchange Act of 1934 1 ) for such security.

2. The Commissioner may, by such rules and regulations as the Commissioner deems necessary or appropriate in the public interest, define and prescribe terms and conditions with respect to securities held in an investment account and transactions made in the ordinary course of business and incident to the establishment or maintenance of a primary or secondary market.

1 15 USCA § 78a et seq.
Nev. Rev. Stat. § 682A.107 — NV Code / Title 57 / Chapter 682A / Section 682A.107
“Insurance future” defined
Status: in_force

“ Insurance future ” means a future relating to an index or pool that is based on insurance-related claims.
Nev. Rev. Stat. § 688B.080 — NV Code / Title 57 / Chapter 688B / Section 688B.080
Insurability
Status: in_force

The group life insurance policy shall contain a provision setting forth the conditions, if any, under which the insurer reserves the right to require a person eligible for insurance to furnish evidence of individual insurability satisfactory to the insurer as a condition to part or all of the coverage of the person.
Nev. Rev. Stat. § 696B.520 — NV Code / Title 57 / Chapter 696B / Section 696B.520
Summary proceedings: Enforcement; penalty
Status: in_force

1. The Commissioner may apply for and any district court may grant such restraining orders, temporary and permanent injunctions and other orders as may be deemed necessary to enforce the Commissioner's order.

2. A violation of any order of the Commissioner issued under NRS 696B.500 by any person as to whom the order is in effect subjects the person to a penalty of not more than $10,000, to be collected in a civil action brought by the Attorney General in the name of the State of Nevada. The Attorney General shall deposit all money so collected in the State Treasury for credit to the State General Fund.
Nev. Rev. Stat. § 690B.110 — NV Code / Title 57 / Chapter 690B / Section 690B.110
Applicability of other provisions
Status: in_force

1. Except as provided in subsection 2 and NRS 690B.100 to 690B.180 , inclusive, insurance for home protection is subject to all applicable provisions of this Code.

2. The provisions of chapters 687A and 692C of NRS do not apply to insurance for home protection.
Nev. Rev. Stat. § 689A.250 — NV Code / Title 57 / Chapter 689A / Section 689A.250
Unpaid premiums
Status: in_force

There may be a provision as follows:

Unpaid Premium: Upon the payment of a claim under this policy, any premium then due and unpaid or covered by any note or written order may be deducted therefrom.
Nev. Rev. Stat. § 693A.170 — NV Code / Title 57 / Chapter 693A / Section 693A.170
Purchase of own shares by stock insurer
Status: in_force

A domestic insurer shall have the right to purchase or acquire shares of its own stock only as follows:

1. For elimination of fractional shares.

2. Incidental to the enforcement of rights of the insurer with respect to lawful transactions previously entered into in good faith for purposes other than the acquisition of such shares.

3. For the purposes of a general savings and investment plan for employees of the insurer.

4. For mutualization of the insurer, as provided in NRS 693A.290 .

5. For purposes as stated under a plan for such acquisition submitted to and approved in writing by the Commissioner. The Commissioner shall not approve a plan unless found by the Commissioner to be for proper purposes, to be reasonable, fair and equitable as to the remaining stockholders of the insurer, and not materially adverse to the protection of the insurer's policyholders.

6. As the result of a gift or bequest of the shares to the insurer.

7. By call for redemption and cancellation of a callable class of stock in accordance with provisions of the insurer's articles of incorporation.
Nev. Rev. Stat. § 683A.1875 — NV Code / Title 57 / Chapter 683A / Section 683A.1875
Employee or authorized representative may act for licensee
Status: in_force

A licensee may authorize an employee or other authorized representative of the licensee to act individually on behalf of or under the supervision of the licensee who offers or disseminates information with respect to personal property storage insurance specified in NRS 683A.1855 to 683A.189 , inclusive.
Nev. Rev. Stat. § 689C.460 — NV Code / Title 57 / Chapter 689C / Section 689C.460
Carrier to offer same coverage to all eligible employees; denial of coverage to otherwise eligible employee
Status: in_force

1. If a carrier offers a contract to a voluntary purchasing group, the carrier shall offer the same coverage to all of the eligible employees of the small employers that are members of the voluntary purchasing group and their dependents. A carrier shall not offer coverage to only certain members of that group or to only part of that group, but may exclude an otherwise eligible employee, or a dependent of the otherwise eligible employee, who requests enrollment in the contract after the end of the initial period during which the employee or dependent is entitled to enroll under the terms of the contract, if the initial period is at least 30 days.

2. A carrier shall not exclude an eligible employee or dependent if: (a) The employee or dependent: (1) Was covered under other creditable coverage at the time of the initial period for enrollment; (2) Lost coverage under the other creditable coverage as a result of termination of employment or eligibility, the involuntary termination of the creditable coverage, the death of a spouse or divorce; and (3) Requests enrollment within 30 days after termination of the other creditable coverage; (b) The employee is employed by an employer that offers multiple contracts and elects a different contract during an open period for enrollment; or (c) A court has ordered that coverage be provided for a dependent under a covered employee's contract and the request for enrollment is made within 30 days after issuance of the court order.
Nev. Rev. Stat. § 695K.060 — NV Code / Title 57 / Chapter 695K / Section 695K.060
“Exchange” defined
Status: in_force

<Section effective Jan. 1, 2026.>

“ Exchange ” means the Silver State Health Insurance Exchange.
Nev. Rev. Stat. § 695J.270 — NV Code / Title 57 / Chapter 695J / Section 695J.270
Regulations; authority of Commissioner to contract for the performance of certain functions
Status: in_force

1. The Commissioner shall adopt regulations: (a) For establishing and conducting an examination required by this chapter for the initial issuance and renewal of a certificate; (b) For the establishment of a course of instruction as required by this chapter for the initial issuance and renewal of a certificate; (c) Establishing the fee required by NRS 695J.130 for the administration of the examination; and (d) For carrying out the provisions of this chapter.

2. The Commissioner may contract with a person to perform functions required by this chapter, including, without limitation: (a) Administering examinations; (b) Providing courses of instruction; (c) Processing applications; and (d) Collecting fees.
Nev. Rev. Stat. § 690D.025 — NV Code / Title 57 / Chapter 690D / Section 690D.025
“Benefits” defined
Status: in_force

“ Benefits ” means a waiver, pursuant to a guaranteed asset protection waiver, of part or all of the amount due on a finance agreement after a total physical damage loss or unrecovered theft of a vehicle covered by the finance agreement.
Nev. Rev. Stat. § 695G.160 — NV Code / Title 57 / Chapter 695G / Section 695G.160
Written criteria concerning coverage of health care services and standards for quality of health care services
Status: in_force

1. Each managed care organization shall establish written criteria: (a) Setting forth the manner in which it determines whether to authorize coverage of a health care service; and (b) Setting forth its method for reviewing standards for the quality of health care services provided to an insured.

2. Such written criteria must be: (a) Developed with the assistance of practicing providers of health care; (b) Developed using generally recognized and, if appropriate, specialized clinical principles and processes; (c) Reviewed at least one time each year and, if appropriate, updated; and (d) Made available to an insured for review upon request of the insured any time that the managed care organization denies coverage of a specific health care service to the insured.
Nev. Rev. Stat. § 681B.500 — NV Code / Title 57 / Chapter 681B / Section 681B.500
Data required to be submitted; applicability
Status: in_force

1. An applicable company shall submit to the Commissioner, to an appropriately appointed experience reporting agent or to such other person authorized to act on behalf of the Commissioner pursuant to NRS 681B.510 , and as specified in the Valuation Manual , mortality, morbidity, policyholder behavior or expense experience and other data as prescribed in the Valuation Manual .

2. Except as otherwise provided in NRS 681B.310 , the provisions of this section apply only on or after the operative date of the Valuation Manual .
Nev. Rev. Stat. § 692A.021 — NV Code / Title 57 / Chapter 692A / Section 692A.021
“Applicant” defined
Status: in_force

“ Applicant ” means a person, whether or not a prospective insured, who applies to a title insurer or its agent for title insurance and who, at the time of the application, is not an agent for a title insurer.
Nev. Rev. Stat. § 679B.270 — NV Code / Title 57 / Chapter 679B / Section 679B.270
Report of examination: Filing; contents; evidentiary effect in certain proceedings
Status: in_force

1. No later than 60 days after the completion of an examination, the examiner designated by the Commissioner shall file a verified report of examination, in writing, which must be comprised only of facts appearing upon the books, records or other documents of the insurer or its agents or other persons examined concerning its affairs, or as ascertained from the testimony of the officers or agents or other persons examined concerning its affairs, and such conclusions and recommendations as the examiner finds reasonably warranted from the facts. The report of examination must be verified by the oath of the examiner making the report.

2. Such a report of examination of an insurer so verified is prima facie evidence in any action or proceeding for the receivership, conservation or liquidation of the insurer brought in the name of the state against the insurer, its officers or agents upon the facts stated therein.
Nev. Rev. Stat. § 693A.665 — NV Code / Title 57 / Chapter 693A / Section 693A.665
Enforcement of provisions by Commissioner
Status: in_force

Whenever it appears to the Commissioner that any person or any director, officer, employee or agent of the person has committed or is about to commit a violation of any provision of NRS 693A.550 to 693A.665 , inclusive, or of any regulation or order of the Commissioner relating thereto, the Commissioner may apply to the First Judicial District Court in and for Carson City for an order enjoining the person, director, officer, employee or agent from violating or continuing to violate any provision of NRS 693A.550 to 693A.665 , inclusive, or any such regulation or order, and for such other equitable relief as the nature of the case and the interest of the policyholders, creditors and shareholders of the insurer, or the public, may require.
Nev. Rev. Stat. § 689.365 — NV Code / Title 57 / Chapter 689 / Section 689.365
Prepaid contracts: Termination on insolvency or other inability of seller to perform unless assigned; distribution of money in trust fund
Status: in_force

1. An executory prepaid contract automatically terminates if the seller or any performer under the contract goes out of business, dies, becomes insolvent or bankrupt, makes an assignment for the benefit of creditors or is otherwise unable to fulfill the obligations under the contract unless, within 30 days after the going out of business, death, insolvency or bankruptcy of the seller, or within any extension of time granted by the Commissioner, the contract is assigned to a holder of a valid seller's certificate of authority who agrees in writing to accept the liabilities under the contract and agrees to fulfill all obligations set forth therein.

2. Upon any such termination, the money in the trust fund, including earned interest, held by the trustee for the account of the buyer must be distributed by the trustee to the buyer or to a qualified seller or performer assuming the outstanding contractual liabilities, as authorized by the Commissioner.
Nev. Rev. Stat. § 692A.170 — NV Code / Title 57 / Chapter 692A / Section 692A.170
Foreign or alien title insurers required to maintain same reserves required of domestic insurers
Status: in_force

Each foreign or alien title insurer licensed to transact title insurance business in this state shall maintain the same reserves as are required of domestic insurers, unless the laws of the jurisdiction of domicile of the insurer requires a higher amount.
Nev. Rev. Stat. § 683A.0883 — NV Code / Title 57 / Chapter 683A / Section 683A.0883
Basis for compensation of administrator
Status: in_force

1. The compensation paid to an administrator for his or her services may be based upon premiums or charges collected, on number of claims paid or processed or on any other basis agreed upon by the administrator and the insurer, except as provided in subsection 2.

2. Compensation paid to an administrator may not be based upon or contingent upon: (a) The claim experience of the policies that he or she handles; or (b) The savings realized by the administrator by adjusting, settling or paying the losses covered by an insurer.
Nev. Rev. Stat. § 690B.090 — NV Code / Title 57 / Chapter 690B / Section 690B.090
Issuance authorized
Status: in_force

1. Any casualty insurer may provide industrial insurance pursuant to the general provisions of chapters 616A to 617, inclusive, of NRS concerning the respective rights and obligations of employees and their employers, if the insurer: (a) Has a certificate of authority issued by the Commissioner pursuant to chapter 680A of NRS ; and (b) Is specifically qualified pursuant to paragraph (c) of subsection 1 of NRS 681A.020 .

2. The insurance may be purchased by qualified employers to secure the payment of compensation for employees injured in the course of employment.

3. The employer shall bear the costs for private insurance.
Nev. Rev. Stat. § 682A.566 — NV Code / Title 57 / Chapter 682A / Section 682A.566
Derivative transactions: Counterparty exposure
Status: in_force

An insurer shall include all counterparty exposure amounts in determining compliance with the limitations of NRS 682A.512 , 682A.514 and 682A.516 .
Nev. Rev. Stat. § 689A.04042 — NV Code / Title 57 / Chapter 689A / Section 689A.04042
Coverage for colorectal cancer screening required in policy covering treatment of colorectal cancer
Status: in_force

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

2. A policy of health insurance subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after October 1, 2003, has the legal effect of including the coverage required by this section, and any provision of the policy that conflicts with the provisions of this section is void.
Nev. Rev. Stat. § 686B.1781 — NV Code / Title 57 / Chapter 686B / Section 686B.1781
Payment of dividends: Prohibition against discrimination among policyholders; submission of plan for payments and other requirements related to industrial insurance
Status: in_force

1. An insurer shall not unfairly discriminate among its policyholders in paying a dividend, savings, unearned premium deposits or an equivalent abatement of premiums allowed or returned by an insurer for a policy of industrial insurance.

2. A plan for the payment of dividends for industrial insurance must be filed before there is a dividend payment. The plan shall be deemed approved unless the Commissioner disapproves the plan within 30 days after it is filed and received by the Commissioner. An insurer shall not condition the payment of a dividend upon the renewal of a policy or contract by the policyholder, member or subscriber.

3. An insurer paying savings, unearned premium deposits or an equivalent abatement for premiums allowed or returned for a policy of industrial insurance must receive prior approval.
Nev. Rev. Stat. § 685A.036 — NV Code / Title 57 / Chapter 685A / Section 685A.036
“Multi-state risk” defined
Status: in_force

“ Multi-state risk ” means a risk covered by a nonadmitted insurer to which the insured is exposed in more than one state.
Nev. Rev. Stat. § 689C.220 — NV Code / Title 57 / Chapter 689C / Section 689C.220
Adjustment in rates required to be applied uniformly
Status: in_force

A carrier serving small employers shall not charge adjustments in rates for duration of coverage or any reason prohibited by NRS 689C.190 to individual employees or dependents. Any such adjustment must be applied uniformly to the rates charged for all employees and dependents of a small employer.
Nev. Rev. Stat. § 687B.660 — NV Code / Title 57 / Chapter 687B / Section 687B.660
“Provider of health care” defined
Status: in_force

“Provider of health care” has the meaning ascribed to it in NRS 695G.070 .
Nev. Rev. Stat. § 689C.135 — NV Code / Title 57 / Chapter 689C / Section 689C.135
Effect of provision in health benefit plan for restricted network on determination of rates
Status: in_force

1. For the purposes of determining rates charged for health benefit plans, a health benefit plan that contains a provision for a restricted network is not similar coverage to a health benefit plan that does not contain such a provision if the restriction of benefits results in material differences in cost of claims.

2. As used in this section, “ provision for a restricted network ” means any provision of a group health benefit plan that conditions the payment of benefits, in whole or in part, on the use of providers of health care who have entered into a contractual arrangement with the carrier to provide health care to persons covered by the plan.
Nev. Rev. Stat. § 693A.465 — NV Code / Title 57 / Chapter 693A / Section 693A.465
Abandonment of plan of conversion
Status: in_force

A converting mutual may, by not less than a two-thirds vote of the members of its board of directors and with the approval of the Commissioner, abandon the plan of conversion at any time before the issuance of the certificate of authority by the Commissioner pursuant to NRS 693A.470 . Upon abandonment, all rights and obligations arising out of the plan of conversion terminate and the converting mutual shall continue to conduct its business as a domestic mutual insurer or a mutual insurance holding company as though no plan of conversion had ever been adopted.
Nev. Rev. Stat. § 682A.197 — NV Code / Title 57 / Chapter 682A / Section 682A.197
“Securities lending transaction” defined
Status: in_force

“ Securities lending transaction ” means a transaction in which securities are loaned by an insurer to a business entity that is obligated to return the loaned securities, or equivalent securities, to the insurer, either within a specified period of time or upon demand.
Nev. Rev. Stat. § 691C.180 — NV Code / Title 57 / Chapter 691C / Section 691C.180
“Loss ratio” defined
Status: in_force

“ Loss ratio ” means incurred losses divided by the sum of earned premiums.
Nev. Rev. Stat. § 683A.0852 — NV Code / Title 57 / Chapter 683A / Section 683A.0852
Nonprofit corporation for hospital or medical services authorized to act as administrator of program of health insurance; notice to Commissioner; exemption from licensing and bonding
Status: in_force

1. A nonprofit corporation for hospital or medical services licensed pursuant to chapter 695B of NRS may enter into a contract to act as an administrator of a program of health insurance.

2. Before entering into a contract pursuant to subsection 1, the nonprofit corporation must notify the Commissioner in writing and provide the Commissioner with a copy of the contract and a summary of the corporation's liabilities and costs under the contract.

3. A nonprofit corporation for hospital or medical services that enters into a contract pursuant to this section is exempt from the provisions of this chapter relating to licensing and bonding of administrators, but is subject to all other provisions of this chapter.
Nev. Rev. Stat. § 688A.280 — NV Code / Title 57 / Chapter 688A / Section 688A.280
Provisions required by law of other jurisdiction
Status: in_force

The policies of a foreign life insurer when issued in this state may contain any provision which the law of the state, territory, district or country under which the insurer is organized prescribes shall be in such policies, and the policies of a domestic life insurer may, when issued or delivered in any other state, territory, district or country, contain any provisions required by the law thereof, anything in this chapter to the contrary notwithstanding.
Nev. Rev. Stat. § 695C.167 — NV Code / Title 57 / Chapter 695C / Section 695C.167
Certain accommodations required to be made when child is covered under health care plan of noncustodial parent
Status: in_force

If a child has coverage under a health care plan in which a noncustodial parent of the child is enrolled, the organization responsible for that plan shall:

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

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

3. Make payments on claims submitted pursuant to subsection 2 directly to the custodial parent, the provider or an agency of this or another state responsible for the administration of Medicaid.
Nev. Rev. Stat. § 689B.047 — NV Code / Title 57 / Chapter 689B / Section 689B.047
Reimbursement to provider of medical transportation
Status: in_force

1. Except as otherwise provided in subsection 3, every policy of group 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. § 695G.140 — NV Code / Title 57 / Chapter 695G / Section 695G.140
Certain persons in managed care organization in fiduciary relationship to insured
Status: in_force

Any person who receives, collects, disburses or invests money for a managed care organization is responsible for such money in a fiduciary relationship to the insured.
Nev. Rev. Stat. § 689C.081 — NV Code / Title 57 / Chapter 689C / Section 689C.081
“Plan sponsor” defined
Status: in_force

“Plan sponsor” has the meaning ascribed to it in section 3(16)(B) 1 of the Employee Retirement Income Security Act of 1974, as that section existed on July 16, 1997.

1 29 U.S.C.A. § 1002(16)(B)
Nev. Rev. Stat. § 689A.700 — NV Code / Title 57 / Chapter 689A / Section 689A.700
Regulations regarding rates
Status: in_force

The Commissioner may adopt regulations to carry out the provisions of this section and to ensure that the practices used by individual carriers relating to the establishment of rates are consistent with the purposes of NRS 689A.470 to 689A.740 , inclusive.
Nev. Rev. Stat. § 691C.140 — NV Code / Title 57 / Chapter 691C / Section 691C.140
“Finance charge” defined
Status: in_force

“ Finance charge ” means any charge payable directly or indirectly as an incident to or condition of an extension of credit, including, without limitation, interest, time-price differentials, amounts payable under a discount system of additional charges, service, transaction or carrying charges, loan fees, points or similar charges, appraisal fees or charges incurred for investigating the creditworthiness of the consumer. The term does not include charges as a result of default, taxes, license fees, delinquency charges or filing fees.
Nev. Rev. Stat. § 690C.030 — NV Code / Title 57 / Chapter 690C / Section 690C.030
“Consumer” defined
Status: in_force

“ Consumer ” means a person who purchases, other than for resale, goods used primarily for personal, family or household purposes and not for business or research purposes.
Nev. Rev. Stat. § 689C.190 — NV Code / Title 57 / Chapter 689C / Section 689C.190
Carrier required to offer and issue plan regardless of health status of employees; prohibited acts; authority to include wellness program in plan that offers discounts based on health status under certain circumstances
Status: in_force

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

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

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

4. A carrier that offers or issues a health benefit plan may include in the plan a wellness program that reduces a premium, deductible or copayment based on health status if: (a) An insured who is eligible to participate in the wellness program is given the opportunity to qualify for the discount at least once each year; (b) The amount of all discounts provided pursuant to such a wellness program does not exceed 30 percent, or if the program is designed to prevent or reduce tobacco use, 50 percent, of the cost of coverage for an insured or an insured and his or her dependents, as applicable, under the plan; (c) The wellness program is reasonably designed to promote health or prevent disease; (d) The carrier ensures that the full discount under the wellness program is available to all similarly situated insureds by providing a reasonable alternative standard by which an insured may qualify for the discount which, if based on health status, must accommodate the recommendations of the physician of the insured; and (e) The plan discloses in all plan materials describing the terms of the wellness program, and in any disclosure that an insured did not satisfy the initial standard to be eligible for the discount, the availability of a reasonable alternative standard described in paragraph (d).
Nev. Rev. Stat. § 692A.070 — NV Code / Title 57 / Chapter 692A / Section 692A.070
“Revised Statutes Title insurer” defined
Status: in_force

“ Title insurer ” means a company organized under the laws of this state for the purpose of transacting as insurer the business of title insurance and any foreign or alien company licensed to transact business as an insurer engaged in title insurance.
Nev. Rev. Stat. § 682A.534 — NV Code / Title 57 / Chapter 682A / Section 682A.534
Limitation on aggregate amount of investments held in personal property under lease
Status: in_force

An insurer shall not acquire an investment in accordance with the provisions of NRS 682A.530 to 682A.538 , inclusive, if, as a result of and after giving effect to the investment, the aggregate amount of all investments held by the insurer in accordance with the provisions of NRS 682A.530 to 682A.538 , inclusive, would exceed:

1. Two percent of its admitted assets; or

2. One half of one percent of its admitted assets as to any single item of tangible personal property.
Nev. Rev. Stat. § 690A.015 — NV Code / Title 57 / Chapter 690A / Section 690A.015
“Credit insurance” and “consumer credit insurance” defined
Status: in_force

“ Credit insurance ” or “ consumer credit insurance ” means any or all of the following:

1. Credit life insurance;

2. Credit accident and health insurance;

3. Credit unemployment insurance; or

4. Any other insurance defined in this chapter.
Nev. Rev. Stat. § 689A.020 — NV Code / Title 57 / Chapter 689A / Section 689A.020
Scope
Status: in_force

Nothing in this chapter applies to or affects:

1. Any policy of liability or workers' compensation insurance with or without supplementary expense coverage therein.

2. Any group or blanket policy.

3. Life insurance, endowment or annuity contracts, or contracts supplemental thereto which contain only such provisions relating to health insurance as to: (a) Provide additional benefits in case of death or dismemberment or loss of sight by accident or accidental means; or (b) Operate to safeguard such contracts against lapse, or to give a special surrender value or special benefit or an annuity if the insured or annuitant becomes totally and permanently disabled, as defined by the contract or supplemental contract.

4. Reinsurance, except as otherwise provided in NRS 689A.470 to 689A.740 , inclusive, and 689C.610 to 689C.940 , inclusive, relating to the program of reinsurance.

5. Any policy of insurance offered on the Silver State Health Insurance Exchange in accordance with NRS 695I.505 .
Nev. Rev. Stat. § 694B.020 — NV Code / Title 57 / Chapter 694B / Section 694B.020
Scope
Status: in_force

1. All authorized reciprocal insurers shall be governed by those sections of this chapter not expressly made applicable to domestic reciprocals.

2. After January 1, 1972, existing authorized reciprocal insurers shall comply with the provisions of this chapter, and shall make such amendments to their subscribers' agreement, power of attorney, policies and other documents and accounts and perform such other acts as may be required for such compliance.
Nev. Rev. Stat. § 682A.375 — NV Code / Title 57 / Chapter 682A / Section 682A.375
"Board of directors" refers to any equivalent governing body
Status: in_force

If an insurer does not have a board of directors, all references to the board of directors in this chapter shall be deemed to be references to the governing body of the insurer having authority equivalent to that of a board of directors.
Nev. Rev. Stat. § 688C.300 — NV Code / Title 57 / Chapter 688C / Section 688C.300
Rescission of viatical settlement
Status: in_force

1. A viatical settlement entered into in this state must reserve to the viator an unconditional right to rescind the settlement within the rescission period. Rescission, if exercised by the viator, is effective only if the viator: (a) Gives notice of the rescission to the provider or broker of viatical settlements; and (b) Repays to the provider of viatical settlements all proceeds and any premiums, loans and loan interest paid on account of the viatical settlement or on behalf of the provider of viatical settlements, within the rescission period.

2. If the insured dies during the rescission period, the settlement is deemed rescinded and all proceeds and any premiums, loans and loan interest paid on account of the viatical settlement or on behalf of the provider of viatical settlements must be repaid to the provider of viatical settlements within 60 days after the death of the insured.

3. In the event of a rescission, if the provider of viatical settlements has paid commissions or other compensation to a broker of viatical settlements in connection with the rescinded transaction, the broker of viatical settlements shall refund all such commissions and compensation to the provider of viatical settlements within 5 business days following receipt of written demand from the provider of viatical settlements. The demand must be accompanied by: (a) The viator's notice of rescission, if the rescission was exercised by the viator; or (b) Notice of the death of the insured, if the rescission was due to the death of the insured within the rescission period.

4. A purchaser of viatical settlements has the right to rescind an agreement to purchase a viatical settlement within 3 business days after the purchaser of viatical settlements receives the disclosures set forth in NRS 688C.262 and 688C.264 .
Nev. Rev. Stat. § 689A.525 — NV Code / Title 57 / Chapter 689A / Section 689A.525
“Geographic rating area” defined
Status: in_force

“ Geographic rating area ” means an area established by the Commissioner for use in adjusting the rates for a health benefit plan.
Nev. Rev. Stat. § 680A.155 — NV Code / Title 57 / Chapter 680A / Section 680A.155
Certificate of authority: Payment of certain taxes and penalties by certain applicants required
Status: in_force

An insurer which has transacted insurance in this state without a certificate of authority must not be granted a certificate of authority unless it pays the tax imposed by NRS 680B.027 and the penalties provided by NRS 685B.190 for the 5 years immediately preceding the date upon which it applies for a certificate of authority.
Nev. Rev. Stat. § 690D.160 — NV Code / Title 57 / Chapter 690D / Section 690D.160
Dealer required to carry policy of contractual liability insurance; other creditors authorized to purchase such policy; requirements of policy; cancellation or termination
Status: in_force

1. A dealer who sells or offers to sell guaranteed asset protection waivers shall purchase a policy of contractual liability insurance that insures the obligations of each guaranteed asset protection waiver the dealer sells or offers for sale other than a guaranteed asset protection waiver concerning a leased vehicle. Any other type of creditor who sells or offers to sell guaranteed asset protection waivers may purchase such a policy.

2. A policy of contractual liability insurance purchased pursuant to this section must: (a) Be issued by an insurer who is authorized to transact insurance in this State or pursuant to the provisions of chapter 685A of NRS . (b) State the obligation of the insurer to reimburse or pay to the creditor any amount that the creditor is obligated to waive pursuant to the guaranteed asset protection waivers insured by the policy. (c) Provide coverage for any person to whom a guaranteed asset protection waiver is assigned, including, without limitation, as part of a finance agreement. (d) Remain in effect until the policy is cancelled or terminated.

3. The cancellation or termination of a policy of contractual liability insurance purchased pursuant to this section must not reduce the responsibility of the insurer to provide coverage for guaranteed asset protection waivers: (a) That were issued by the insured creditor before the date of the cancellation or termination; and (b) For which the creditor has paid for coverage.
Nev. Rev. Stat. § 695F.158 — NV Code / Title 57 / Chapter 695F / Section 695F.158
Evidence of coverage covering prescription drugs: Required actions by organization 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 prepaid limited health service organization that has issued evidence of coverage which provides coverage for prescription drugs shall, notwithstanding any provision of the evidence of coverage to the contrary: (a) Waive any provision of the evidence of coverage restricting the time within which an enrollee may refill a covered prescription if the enrollee: (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 enrollee 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. § 695E.200 — NV Code / Title 57 / Chapter 695E / Section 695E.200
Prohibited acts
Status: in_force

A risk retention group shall not:

1. Transact insurance with any person who is not eligible for membership in the risk retention group;

2. Conduct any business in this state if an insurer is directly or indirectly a member or owner of the group, unless all the members of the group are insurers;

3. Transact insurance or otherwise operate while financially impaired or in a hazardous financial condition;

4. Issue any insurance policy with terms providing, or which have been construed as providing, coverage prohibited by a specific statute of this state or declared unlawful by the highest court of this state which has rendered a judgment concerning the legality of that coverage; or

5. Join or contribute financially to the Nevada Insurance Guaranty Association, or to any similar organization or fund in this state, and the provisions of chapter 687A of NRS do not apply to a risk retention group. A risk retention group and its insureds shall not accept any benefit from such an organization or fund for claims arising out of the operation of the risk retention group.
Nev. Rev. Stat. § 682A.380 — NV Code / Title 57 / Chapter 682A / Section 682A.380
Prohibited investments
Status: in_force

1. An insurer shall not, directly or indirectly: (a) Invest in an obligation or security, or make a guarantee for the benefit of or in favor of an officer or director of the insurer, except as provided in NRS 682A.382 and 682A.384 ; (b) Invest in an obligation or security, make a guarantee for the benefits of or in favor of, or make other investments in a business entity of which 10 percent or more of the voting securities or equity interests are owned directly or indirectly by, or for the benefit of, one or more officers or directors of the insurer, except as authorized in chapter 692C of NRS or provided in NRS 682A.382 and 682A.384 ; (c) Engage on its own behalf, or through one or more affiliates, in a transaction or series of transactions designed to evade the prohibitions of this chapter; (d) Invest in a partnership as a general partner, except that an insurer may make an investment as a general partner: (1) If all other partners are subsidiaries of the insurer; (2) For the purpose of: (I) Meeting cash calls committed to before July 1, 2015; (II) Completing those specific projects or activities of the partnership in which the insurer was a general partner on July 1, 2015, that had been undertaken as of that date; or (III) Making capital improvements to property owned by the partnership on July 1, 2015, if the insurer was a general partner as of that date; or (3) Pursuant to NRS 682A.310 ; or (e) Invest in or lend its funds upon the security of shares of its own stock, except that an insurer may acquire shares of its own stock for the following purposes: (1) Conversion of a stock insurer into a mutual or reciprocal insurer or a mutual or reciprocal insurer into a stock insurer; (2) Issuance to the insurer's officers, employees or agents in connection with a plan approved by the Commissioner for converting a publicly held insurer into a privately held insurer pursuant to NRS 693A.400 to 693A.540 , inclusive, or in connection with other stock option and employee benefit plans; or (3) In accordance with any other plan approved by the Commissioner.

2. Nothing contained in paragraph (d) of subsection 1 shall be construed to prohibit a subsidiary or other affiliate of the insurer from becoming a general partner.

3. Any investment or loan made by an insurer in accordance with the provisions of paragraph (e) of subsection 1 must not be an admitted asset of the insurer.
Nev. Rev. Stat. § 695G.210 — NV Code / Title 57 / Chapter 695G / Section 695G.210
Review board; appeal; right to expedited review of complaint; notice to insured
Status: in_force

1. Except as otherwise provided in NRS 695G.300 , a system for resolving complaints created pursuant to NRS 695G.200 must include, without limitation, 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 of the review board must be insureds who receive health care services from the managed care organization.

2. Except as otherwise provided in subsection 3, a review board shall complete its review regarding a complaint or appeal and notify the insured of its determination not later than 30 days after the complaint or appeal is filed, unless the insured and the review board have agreed to a longer period.

3. If a complaint involves an imminent and serious threat to the health of the insured, the managed care organization shall inform the insured immediately of the right of the insured to an expedited review of the insured’s complaint. If an expedited review is required, the review board shall notify the insured in writing of its determination within 72 hours after the complaint is filed.

4. Notice provided to an insured by a review board regarding a complaint must include, without limitation, an explanation of any further rights of the insured regarding the complaint that are available under the health care plan of the insured.
Nev. Rev. Stat. § 691C.250 — NV Code / Title 57 / Chapter 691C / Section 691C.250
Credit personal property insurance sold in conjunction with closed-end credit transaction: Insurer prohibited from issuing or selling certain insurance
Status: in_force

For credit personal property insurance sold in conjunction with a closed-end credit transaction, an insurer shall not:

1. Issue credit personal property insurance unless the amount financed exceeds $300;

2. Issue credit personal property insurance in an amount that exceeds the amount of the underlying credit transaction; and

3. Sell credit personal property insurance with a term that exceeds the scheduled term of the underlying credit transaction.
Nev. Rev. Stat. § 685A.210 — NV Code / Title 57 / Chapter 685A / Section 685A.210
Regulations: Generally; penalty
Status: in_force

1. The Commissioner may adopt reasonable regulations, consistent with the provisions of this chapter, for any of the following purposes: (a) Effectuation of the law; (b) Establishment of procedures through which determination is to be made as to the eligibility of particular proposed coverages for export; (c) Establishment of procedures for the operation of a nonprofit organization of brokers designed to assist brokers in complying with the provisions of this chapter; and (d) The use of electronic signatures and the acceptance and transmission of electronic records and payments, including transactions involving claims and other transactions relating to surplus lines insurance.

2. Such regulations carry the penalty provided by NRS 679B.130 .
Nev. Rev. Stat. § 688A.282 — NV Code / Title 57 / Chapter 688A / Section 688A.282
Qualified charitable-gift annuity: Issuance does not constitute transacting insurance
Status: in_force

The issuance of a qualified charitable-gift annuity does not constitute transacting insurance in this state. A charitable-gift annuity issued before October 1, 1999, is a qualified charitable-gift annuity for the purposes of NRS 688A.281 to 688A.285 , inclusive.
Nev. Rev. Stat. § 695D.217 — NV Code / Title 57 / Chapter 695D / Section 695D.217
Organization for dental care prohibited from denying coverage solely because claim involves act that constitutes domestic violence or applicant or insured was victim of domestic violence
Status: in_force

An organization for dental care shall not deny a claim, refuse to issue a policy or cancel a policy solely because the claim involves an act that constitutes domestic violence pursuant to NRS 33.018 , or because the person applying for or covered by the policy was the victim of such an act of domestic violence, regardless of whether the insured or applicant contributed to any loss or injury.
Nev. Rev. Stat. § 682A.189 — NV Code / Title 57 / Chapter 682A / Section 682A.189
“Residential mortgage loan” defined
Status: in_force

“ Residential mortgage loan ” means a mortgage loan primarily secured by real estate which is improved with at least one but not more than four residential dwelling units.
Nev. Rev. Stat. § 688A.361 — NV Code / Title 57 / Chapter 688A / Section 688A.361
Nonforfeiture provisions required in annuity contracts
Status: in_force

No contract of annuity may be delivered or issued for delivery in this state unless it contains in substance the following provisions, or corresponding provisions which in the opinion of the Commissioner are at least as favorable to the contract holder:

1. A statement that upon cessation of payment of considerations under a contract, or upon receipt of a written request submitted by an owner of a contract, the company will grant a paid-up annuity benefit on a plan stipulated in the contract of such value as is specified in NRS 688A.3631 to 688A.3637 , inclusive, and 688A.366 ;

2. If a contract provides for a lump-sum settlement at maturity or any other time, a statement that upon surrender of the contract at or before the commencement of any annuity payments, the company will pay in lieu of any paid-up annuity benefit a cash surrender benefit of an amount specified in NRS 688A.3631 , 688A.3633 , 688A.3637 and 688A.366 , and that the company may reserve the right to defer the payment of such cash surrender benefit for a period of not more than 6 months after demand therefor with surrender of the contract if the company submits a written request to and receives written approval for the deferral from the Commissioner. The request must address the necessity and equitability to all policyholders of the deferral;

3. A statement of the mortality table, if any, and interest rates used in calculating any minimum paid-up annuity, cash surrender or death benefits which are guaranteed under the contract, together with sufficient information to determine the amounts of those benefits; and

4. A statement that any paid-up annuity, cash surrender or death benefits which may be available under the contract are not less than the minimum benefits required by any statute of the state in which the contract is delivered and an explanation of the manner in which such benefits are altered by the existence of any additional amounts credited by the company to the contract, any indebtedness to the company on the contract or any prior withdrawals from or partial surrenders of the contract,

except that any deferred annuity contract may provide that if no considerations have been received under a contract for a period of 2 full years, and the portion of the paid-up annuity benefit at maturity on the plan stipulated in the contract arising from considerations paid before that period would be less than $20 monthly, the company may terminate the contract by payment in cash of the then present value of such portion of the paid-up annuity benefit, calculated on the basis of the mortality table, if any, and interest rate specified in the contract for determining the paid-up annuity benefit, and by such payment shall be relieved of any further obligation under the contract.