Nev. Rev. Stat. § 689B.0375 — NV Code / Title 57 / Chapter 689B / Section 689B.0375
Required provision in policy covering mastectomies concerning coverage relating to mastectomy; prohibited acts
Status: in_force

1. A policy of group health insurance which provides coverage for the surgical procedure known as a mastectomy must also provide commensurate coverage for: (a) Reconstruction of the breast on which the mastectomy has been performed; (b) Surgery and reconstruction of the other breast to produce a symmetrical structure; and (c) Prostheses and physical complications for all stages of mastectomy, including lymphedemas.

2. The provision of services must be determined by the attending physician and the patient.

3. The plan or issuer may require deductibles and coinsurance payments if they are consistent with those established for other benefits.

4. Written notice of the availability of the coverage must be given upon enrollment and annually thereafter. The notice must be sent to all participants: (a) In the next mailing made by the plan or issuer to the participant or beneficiary; or (b) As part of any annual information packet sent to the participant or beneficiary, whichever is earlier.

5. A plan or issuer may not: (a) Deny eligibility, or continued eligibility, to enroll or renew coverage, in order to avoid the requirements of subsections 1 to 4, inclusive; or (b) Penalize, or limit reimbursement to, a provider of care, or provide incentives to a provider of care, in order to induce the provider not to provide the care listed in subsections 1 to 4, inclusive.

6. A plan or issuer may negotiate rates of reimbursement with providers of care.

7. If reconstructive surgery is begun within 3 years after a mastectomy, the amount of the benefits for that surgery must equal those amounts provided for in the policy at the time of the mastectomy. If the surgery is begun more than 3 years after the mastectomy, the benefits provided are subject to all of the terms, conditions and exclusions contained in the policy at the time of the reconstructive surgery.

8. A policy subject to the provisions of this chapter which is delivered, issued for delivery or renewed on or after October 1, 2001, 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.

9. For the purposes of this section, “ reconstructive surgery ” means a surgical procedure performed following a mastectomy on one breast or both breasts to re-establish symmetry between the two breasts. The term includes augmentation mammoplasty, reduction mammoplasty and mastopexy.
Nev. Rev. Stat. § 679B.060 — NV Code / Title 57 / Chapter 679B / Section 679B.060
Office space
Status: in_force

The Buildings and Grounds Section of the State Public Works Division of the Department of Administration shall furnish the Division with suitable office space for the performance of its duties.
Nev. Rev. Stat. § 695C.1728 — NV Code / Title 57 / Chapter 695C / Section 695C.1728
Required provision concerning coverage for management and treatment of sickle cell disease and its variants; plan covering prescription drugs required to provide coverage for medically necessary prescription drugs to treat sickle cell disease and its variants
Status: in_force

1. A health maintenance organization that issues a health care plan shall include in the plan coverage for: (a) Necessary case management services for an enrollee who has been diagnosed with sickle cell disease and its variants; and (b) Medically necessary care for an enrollee who has been diagnosed with sickle cell disease and its variants.

2. A health maintenance organization that issues a health care plan which provides coverage for prescription drugs shall include in the plan coverage for medically necessary prescription drugs to treat sickle cell disease and its variants.

3. A health maintenance organization shall establish a plan for each enrollee under 18 years of age who has been diagnosed with sickle cell disease and its variants to transition the enrollee from pediatric care to adult care when the enrollee reaches 18 years of age.

4. A health maintenance organization may use medical management techniques, including, without limitation, any available clinical evidence, to determine the frequency of or treatment relating to any benefit required by this section or the type of provider of health care to use for such treatment.

5. As used in this section: (a) “ Case management services ” means medical or other health care management services to assist patients and providers of health care, including, without limitation, identifying and facilitating additional resources and treatments, providing information about treatment options and facilitating communication between providers of services to a patient. (b) “ Medical management technique ” means a practice which is used to control the cost or utilization of health care services. The term includes, without limitation, the use of step therapy, prior authorization or categorizing drugs and devices based on cost, type or method of administration. (c) “ Medically necessary ” has the meaning ascribed to it in NRS 695G.055 . (d) “ Sickle cell disease and its variants ” has the meaning ascribed to it in NRS 439.4927 .
Nev. Rev. Stat. § 683A.405 — NV Code / Title 57 / Chapter 683A / Section 683A.405
Submission of schedule of payments to provider of health care by administrator, managing general agent, producer of insurance or certain entities acting as administrator
Status: in_force

If an administrator, managing general agent or producer of insurance, or a health maintenance organization when acting as an administrator pursuant to NRS 683A.0851 or a nonprofit corporation for hospital or medical services when acting as an administrator pursuant to NRS 683A.0852 , contracts with a provider of health care to provide health care to an insured pursuant to this chapter, the administrator, managing general agent, producer of insurance, health maintenance organization or nonprofit corporation for hospital or medical services shall:

1. If requested by the provider of health care at the time the contract is made, submit to the provider of health care a copy of the schedule of payments applicable to the provider of health care; or

2. If requested by the provider of health care at any other time, submit to the provider of health care the schedule of payments specified in subsection 1 within 7 days after receiving the request.
Nev. Rev. Stat. § 692C.025 — NV Code / Title 57 / Chapter 692C / Section 692C.025
“Acquisition” defined
Status: in_force

“ Acquisition ” means any agreement, arrangement or activity, the consummation of which results in a person directly or indirectly acquiring the control of another person. The term includes, but is not limited to:

1. The acquiring of a voting security;

2. The acquiring of any asset;

3. Bulk reinsurance; and

4. A merger.
Nev. Rev. Stat. § 695G.1645 — NV Code / Title 57 / Chapter 695G / Section 695G.1645
Required provision in plan for group coverage concerning coverage for autism spectrum disorders for certain persons; prohibited acts
Status: in_force

1. A health care plan issued by a managed care organization for group coverage must provide coverage for screening for and diagnosis of autism spectrum disorders and for treatment of autism spectrum disorders to persons covered by the health care plan under the age of 18 years or, if enrolled in high school, until the person reaches the age of 22 years.

2. A health care plan issued by a managed care organization for individual coverage must provide an option for coverage for screening for and diagnosis of autism spectrum disorders and for treatment of autism spectrum disorders to persons covered by the health care plan under the age of 18 years or, if enrolled in high school, until the person reaches the age of 22 years.

3. Coverage provided under this section is subject to: (a) A maximum benefit of the actuarial equivalent of $72,000 per year for applied behavior analysis treatment; and (b) Copayment, deductible and coinsurance provisions and any other general exclusion or limitation of a health care plan to the same extent as other medical services or prescription drugs covered by the plan.

4. A managed care organization that offers or issues a health care plan which provides coverage for outpatient care shall not: (a) Require an insured to pay a higher deductible, copayment or coinsurance or require a longer waiting period for coverage for outpatient care related to autism spectrum disorders than is required for other outpatient care covered by the plan; or (b) Refuse to issue a health care plan or cancel a health care plan solely because the person applying for or covered by the plan uses or may use in the future any of the services listed in subsection 1.

5. Except as otherwise provided in subsections 1, 2 and 3, a managed care organization shall not limit the number of visits an insured may make to any person, entity or group for treatment of autism spectrum disorders.

6. Treatment of autism spectrum disorders must be identified in a treatment plan and may include medically necessary habilitative or rehabilitative care, prescription care, psychiatric care, psychological care, behavioral therapy or therapeutic care that is: (a) Prescribed for a person diagnosed with an autism spectrum disorder by a licensed physician or licensed psychologist; and (b) Provided for a person diagnosed with an autism spectrum disorder by a licensed physician, licensed psychologist, licensed behavior analyst or other provider that is supervised by the licensed physician, psychologist or behavior analyst. A managed care organization may request a copy of and review a treatment plan created pursuant to this subsection.

7. An evidence of coverage subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 2011, has the legal effect of including the coverage required by subsection 1, and any provision of the evidence of coverage or the renewal which is in conflict with subsection 1 or 3 is void.

8. Nothing in this section shall be construed as requiring a managed care organization to provide reimbursement to a school for services delivered through school services.

9. As used in this section: (a) “ Applied behavior analysis ” means the design, implementation and evaluation of environmental modifications using behavioral stimuli and consequences to produce socially significant improvement in human behavior, including, without limitation, the use of direct observation, measurement and functional analysis of the relations between environment and behavior. (b) “ Autism spectrum disorder ” has the meaning ascribed to it in NRS 427A.875 . (c) “ Behavioral therapy ” means any interactive therapy derived from evidence-based research, including, without limitation, discrete trial training, early intensive behavioral intervention, intensive intervention programs, pivotal response training and verbal behavior provided by a licensed psychologist, licensed behavior analyst, licensed assistant behavior analyst or registered behavior technician. (d) “ Evidence-based research ” means research that applies rigorous, systematic and objective procedures to obtain valid knowledge relevant to autism spectrum disorders. (e) “ Habilitative or rehabilitative care ” means counseling, guidance and professional services and treatment programs, including, without limitation, applied behavior analysis, that are necessary to develop, maintain and restore, to the maximum extent practicable, the functioning of a person. (f) “ Licensed assistant behavior analyst ” has the meaning ascribed to the term “assistant behavior analyst” in NRS 641D.020 . (g) “ Licensed behavior analyst ” has the meaning ascribed to the term “behavior analyst” in NRS 641D.030 . (h) “ Prescription care ” means medications prescribed by a licensed physician and any health-related services deemed medically necessary to determine the need or effectiveness of the medications. (i) “ Psychiatric care ” means direct or consultative services provided by a psychiatrist licensed in the state in which the psychiatrist practices. (j) “ Psychological care ” means direct or consultative services provided by a psychologist licensed in the state in which the psychologist practices. (k) “ Registered behavior technician ” has the meaning ascribed to it in NRS 641D.100 . (l) “ Screening for autism spectrum disorders ” means medically necessary assessments, evaluations or tests to screen and diagnose whether a person has an autism spectrum disorder. (m) “ Therapeutic care ” means services provided by licensed or certified speech-language pathologists, occupational therapists and physical therapists. (n) “ Treatment plan ” means a plan to treat an autism spectrum disorder that is prescribed by a licensed physician or licensed psychologist and may be developed pursuant to a comprehensive evaluation in coordination with a licensed behavior analyst.
Nev. Rev. Stat. § 689B.0317 — NV Code / Title 57 / Chapter 689B / Section 689B.0317
Required provision in policy covering treatment of prostate cancer concerning coverage for prostate cancer screening; prohibited act
Status: in_force

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

2. A policy of group health insurance that provides coverage for the treatment of prostate cancer must not require an insured to obtain prior authorization for any service provided pursuant to subsection 1.

3. A policy of group health insurance that provides coverage for the treatment of prostate cancer which is delivered, issued for delivery or renewed on or after July 1, 2007, has the legal effect of including the coverage required by subsection 1, and any provision of the policy or the renewal which is in conflict with subsection 1 is void.
Nev. Rev. Stat. § 686B.185 — NV Code / Title 57 / Chapter 686B / Section 686B.185
Immunity of Commissioner and association
Status: in_force

There is no liability on the part of, and no cause of action of any nature arises against, the Commissioner or the representatives of the Commissioner or any essential insurance association, its agents or employees, under a plan established pursuant to the provisions of NRS 686B.180 , for any good faith action taken by them in the performance of their powers and duties under such plan.
Nev. Rev. Stat. § 692C.140 — NV Code / Title 57 / Chapter 692C / Section 692C.140
Authorized investments in securities of subsidiaries
Status: in_force

In addition to making investments in common stock, preferred stock, debt obligations and other securities permitted under chapter 682A of NRS , a domestic insurer may invest:

1. In common stock, preferred stock, debt obligations and other securities of one or more subsidiaries, amounts which do not exceed the lesser of 10 percent of the insurer's assets or 50 percent of its surplus as regards policyholders, if the insurer's surplus as regards policyholders remains at a reasonable level in relation to the insurer's outstanding liabilities and adequate to its financial needs. In calculating the amount of such investments: (a) Any investment in a domestic or foreign insurance subsidiary or health maintenance organization must be excluded. (b) The following must be included: (1) Total net money or other consideration expended and obligations assumed in the acquisition or formation of a subsidiary, including all organizational expenses and contributions to capital and surplus of the subsidiary whether or not represented by the purchase of capital stock or issuance of other securities; and (2) All amounts expended in acquiring additional common stock, preferred stock, debt obligations and other securities and all contributions to the capital or surplus of a subsidiary after its acquisition or formation.

2. Any amount in common stock, preferred stock, debt obligations and other securities of one or more subsidiaries that are engaged exclusively in or organized to engage exclusively in the ownership and management of assets which are authorized as investments of the domestic insurer, if each subsidiary agrees to limit its investments in any asset so that those investments will not cause the amount of the total investment of the insurer to exceed any of the investment limitations specified in subsection 1 or in chapter 682A of NRS . For the purpose of this subsection, “ total investment of the insurer ” includes any direct investment by the insurer in an asset and the insurer's proportionate share of any investment in an asset by any subsidiary of the insurer, which must be calculated by multiplying the amount of the subsidiary's investment by the percentage of the insurer's ownership of the subsidiary.

3. Any amount in common stock, preferred stock, debt obligations or other securities of one or more subsidiaries, with the approval of the Commissioner, if the insurer's surplus as regards policyholders remains at a reasonable level in relation to the insurer's outstanding liabilities and adequate to its financial needs.
Nev. Rev. Stat. § 684A.147 — NV Code / Title 57 / Chapter 684A / Section 684A.147
Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license
Status: in_force

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

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

2. The Commissioner shall reinstate a license as an adjuster that has been suspended by a district court pursuant to NRS 425.540 if the Commissioner receives a letter issued by the district attorney or other public agency pursuant to NRS 425.550 to the person whose license was suspended stating that the person whose license was suspended has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560 .
Nev. Rev. Stat. § 687B.795 — NV Code / Title 57 / Chapter 687B / Section 687B.795
Health carrier required to demonstrate capacity to adequately deliver family planning services provided by pharmacists or pharmacies; notice to covered persons; regulations
Status: in_force

1. A health carrier which offers or issues a network plan: (a) Must demonstrate the capacity to adequately deliver family planning services provided by pharmacists or pharmacies to covered persons in accordance with the regulations adopted pursuant to subsection 2. (b) Shall make available to each covered person in this State a notice that meets the requirements prescribed by the regulations adopted pursuant to subsection 2 of each pharmacist or pharmacy that has entered into a provider network contract with the carrier to provide family planning services to covered persons who participate in the relevant network plan.

2. The Commissioner shall adopt regulations to carry out the provisions of this section, including, without limitation, regulations prescribing requirements for: (a) A health carrier to demonstrate compliance with paragraph (a) of subsection 1. Those regulations must not allow a health carrier to demonstrate the capacity to adequately deliver family planning services to covered persons by demonstrating that the health carrier has entered into a network contract with one or more pharmacies for the sole purpose of dispensing prescription drugs to covered persons. (b) The form and contents of the notice required by paragraph (b) of subsection 1.
Nev. Rev. Stat. § 681A.440 — NV Code / Title 57 / Chapter 681A / Section 681A.440
Circumstances under which Commissioner is authorized to refuse to issue license
Status: in_force

1. The Commissioner may refuse to issue a license to act as an intermediary if, in the judgment of the Commissioner: (a) The applicant, anyone named on the application, or any member, principal, officer or director of the applicant, is not trustworthy to act as an intermediary; (b) Any controlling person of the applicant is not trustworthy to act as an intermediary; (c) The applicant, a person named on the application, any member, principal, officer or director of the applicant or any controlling person of the applicant has given cause for the revocation or suspension of a license to act as an intermediary; or (d) The applicant, a person named on the application, any member, principal, officer or director of the applicant or any controlling person of the applicant has failed to comply with any prerequisite for the issuance of a license to act as an intermediary.

2. Upon receipt of a written request, the Commissioner shall furnish a summary of the basis for his or her refusal to issue a license to act as an intermediary. Except as otherwise provided in NRS 239.0115 , the summary is confidential.
Nev. Rev. Stat. § 690B.250 — NV Code / Title 57 / Chapter 690B / Section 690B.250
Practitioners of the healing arts: Reports to licensing boards; availability for public inspection
Status: in_force

Except as more is required in NRS 630.3067 and 633.526 :

1. Each insurer which issues a policy of insurance covering the liability of a practitioner licensed pursuant to chapters 630 to 640, inclusive, of NRS or who holds a license or limited license issued pursuant to chapter 653 of NRS for a breach of his or her professional duty toward a patient shall report to the board which licensed the practitioner within 45 days each settlement or award made or judgment rendered by reason of a claim, if the settlement, award or judgment is for more than $5,000, giving the name of the claimant and the practitioner and the circumstances of the case.

2. A practitioner licensed pursuant to chapters 630 to 640, inclusive, of NRS or who holds a license or limited license issued pursuant to chapter 653 of NRS who does not have insurance covering liability for a breach of his or her professional duty toward a patient shall report to the board which issued the practitioner's license within 45 days of each settlement or award made or judgment rendered by reason of a claim, if the settlement, award or judgment is for more than $5,000, giving the practitioner's name, the name of the claimant and the circumstances of the case.

3. These reports are public records and must be made available for public inspection within a reasonable time after they are received by the licensing board.
Nev. Rev. Stat. § 681A.110 — NV Code / Title 57 / Chapter 681A / Section 681A.110
Reinsurance authorized for all or part of risk; requirements for reinsurance with unauthorized insurer
Status: in_force

An insurer may reinsure all or any part of an individual risk or of a particular class of risks in any other insurer or, with the approval of the Commissioner, all its risks in an authorized insurer, or may accept such reinsurance from any other insurer. No domestic insurer may reinsure with an insurer which is not authorized to transact insurance or reinsurance unless:

1. The domestic insurer has the Commissioner's written approval; or

2. The insurer accepting the reinsurance meets the requirements for credit provided in NRS 681A.150 to 681A.190 , inclusive.
Nev. Rev. Stat. § 680B.060 — NV Code / Title 57 / Chapter 680B / Section 680B.060
Collection and enforcement of and disputes related to payments of general tax on premiums; deposit of taxes, fees, licenses, fines and charges under Code; exception
Status: in_force

1. The taxes imposed under NRS 680B.027 must be collected by the Department of Taxation and promptly deposited with the State Treasurer for credit to the State General Fund.

2. If the tax is not paid by the insurer on or before the date required for payment, the tax then becomes delinquent, and payment thereof may be enforced by court action instituted on behalf of the State by the Attorney General. The Attorney General may employ additional counsel in the city where the home office of the insurer is located, subject to the approval of compensation for such services by the State Board of Examiners. The administrative and substantive enforcement provisions of chapters 360 and 372 of NRS apply to the enforcement of the taxes imposed under NRS 680B.027 .

3. Upon the tax becoming delinquent, the Executive Director of the Department of Taxation shall notify the Commissioner, who shall suspend or revoke the insurer's certificate of authority pursuant to NRS 680A.190 .

4. If a dispute arises between an insurer and the State as to the amount of tax, if any, payable, the insurer is entitled to pay under protest the tax in the amount assessed by the Department of Taxation, without waiving or otherwise affecting any right of the insurer to recover any amount determined, through appropriate legal action taken by the insurer against the Department of Taxation, to have been in excess of the amount of tax lawfully payable.

5. Except as otherwise provided in NRS 680C.110 , all taxes, fees, licenses, fines and charges collected under this Code, including the general premium tax provided for under NRS 680B.027 and as increased in any instances pursuant to NRS 680A.330 , must be promptly deposited with the State Treasurer for credit to the State General Fund.
Nev. Rev. Stat. § 692C.057 — NV Code / Title 57 / Chapter 692C / Section 692C.057
“Insurance group” defined
Status: in_force

“ Insurance group ” means, for the purpose of conducting an ORSA or submitting a corporate governance annual disclosure, those insurers and affiliates included within an insurance holding company system.
Nev. Rev. Stat. § 681B.060 — NV Code / Title 57 / Chapter 681B / Section 681B.060
Reserve for unearned premiums; exception
Status: in_force

1. As to property, casualty and surety insurance the insurer shall maintain as a liability an unearned premium reserve on all policies in force.

2. Except as provided in NRS 681B.070 as to marine and transportation risks, the unearned premium reserve shall be equal to the unearned portion of gross premiums in force (after deduction of applicable reinsurance in solvent insurers) computed on an annual, monthly or more frequently pro rata basis.
Nev. Rev. Stat. § 695J.030 — NV Code / Title 57 / Chapter 695J / Section 695J.030
“Assister” defined
Status: in_force

“Assister” has the meaning ascribed to it by regulations adopted by the Board of Directors of the Exchange pursuant to NRS 695I.370 .
Nev. Rev. Stat. § 695B.318 — NV Code / Title 57 / Chapter 695B / Section 695B.318
Applicability of certain provisions concerning portability and availability of health insurance
Status: in_force

1. Nonprofit hospital, medical or dental service corporations are subject to the provisions of NRS 689B.340 to 689B.580 , inclusive, and chapter 689C of NRS relating to the portability and availability of health insurance offered by such organizations. If there is a conflict between the provisions of this chapter and the provisions of NRS 689B.340 to 689B.580 , inclusive, and chapter 689C of NRS , the provisions of NRS 689B.340 to 689B.580 , inclusive, and chapter 689C of NRS control.

2. For the purposes of subsection 1, unless the context requires that a provision apply only to a group health plan or a carrier that provides coverage under a group health plan, any reference in those sections to: (a) “Carrier” must be replaced by “corporation.” (b) “Group health plan” must be replaced by “group contract for hospital, medical or dental services.”
Nev. Rev. Stat. § 691D.330 — NV Code / Title 57 / Chapter 691D / Section 691D.330
Termination of policy; change in terms or condition of policy; requirements for notice of termination
Status: in_force

Notwithstanding any other provision of law:

1. Except as otherwise provided in this section, an insurer that issues a policy of portable electronics insurance may not terminate the policy before the expiration of the agreed term of the policy unless, not less than 30 days before the effective date of the termination, the insurer provides notice to: (a) The holder of the policy of portable electronics insurance; and (b) If the policy is a group policy issued to a vendor under which individual customers may elect to enroll for coverage, each enrolled customer.

2. If the insurer changes a term or condition of a policy of portable electronics insurance, the insurer shall, not less than 30 days before the effective date of the change, provide: (a) The policyholder with a revised policy or endorsement; and (b) Each enrolled customer with a revised certificate of coverage, endorsement, brochure or other evidence of coverage which: (1) Declares that the insurer has changed a term or condition of the policy which may affect the enrolled customer's coverage; and (2) Provides a summary of the material changes.

3. An insurer may terminate an enrolled customer's coverage under a vendor's policy of portable electronics insurance upon the discovery of fraud or material misrepresentation by the enrolled customer in obtaining the coverage or in presenting a claim thereunder if the insurer provides notice of the termination to the vendor and the enrolled customer within 10 days after discovery of the fraud or material misrepresentation.

4. An insurer may immediately terminate an enrolled customer's coverage under a vendor's policy of portable electronics insurance if the enrolled customer: (a) Fails to pay a premium; (b) Ceases to have an active service with the vendor; or (c) Exhausts the aggregate limit of liability, if any, under the terms of the policy of portable electronics insurance and the insurer provides notice of termination to the customer within 30 calendar days after exhaustion of the limit. If the insurer fails to provide timely notice as required by this paragraph, the enrolled customer's coverage under the policy continues until the insurer provides notice of termination to the enrolled customer notwithstanding the exhaustion of the aggregate limit of liability.

5. A vendor or other holder of a group policy of portable electronics insurance shall not terminate the policy unless, not less than 30 days before the effective date of the termination, the insurer provides notice to each enrolled customer of the termination of the policy and the effective date of termination. An insurer may authorize a vendor to provide notice to an enrolled customer on behalf of the insurer pursuant to this subsection.

6. Any notice that is required pursuant to this section must be in writing and be: (a) Mailed or delivered to the enrolled customer, vendor or other policyholder at his or her last known address; or (b) Sent by electronic mail or other electronic means in accordance with regulations adopted by the Commissioner to the enrolled customer, vendor or other policyholder at the electronic mail address of the enrolled customer, vendor or other policyholder last known by the insurer.

An insurer or vendor who provides notice pursuant to this subsection must maintain proof of mailing or delivery in a form authorized or accepted by the United States Postal Service or other commercial mail delivery service or an electronic record or other proof that the notice was sent.
Nev. Rev. Stat. § 692C.060 — NV Code / Title 57 / Chapter 692C / Section 692C.060
“Insurance holding company system” defined
Status: in_force

“ Insurance holding company system ” means a combination of two or more affiliated persons, one or more of which is an insurer. The term does not include a domestic insurer or domestic holding company system authorized and doing business solely in this State which is not affiliated with a foreign or alien insurer.
Nev. Rev. Stat. § 685B.083 — NV Code / Title 57 / Chapter 685B / Section 685B.083
Penalty for representing or aiding unauthorized insurer
Status: in_force

Any producer of insurance or surplus lines broker licensed in this State who in this State knowingly represents or aids an unauthorized insurer in violation of the Unauthorized Insurers Act is guilty of a category B felony and shall be punished as provided in NRS 193.130 .
Nev. Rev. Stat. § 688B.040 — NV Code / Title 57 / Chapter 688B / Section 688B.040
Provisions required in policy
Status: in_force

No policy of group life insurance shall be delivered in this State unless it contains in substance the provisions set forth in NRS 688B.040 to 688B.150 , inclusive, or provisions which in the opinion of the Commissioner are more favorable to the persons insured, or at least as favorable to the persons insured and more favorable to the policyholder; except:

1. NRS 688B.100 to 688B.140 , inclusive, do not apply to policies issued to a creditor to insure debtors of such creditor;

2. The standard provisions required for individual life insurance policies do not apply to group life insurance policies; and

3. If the group life insurance policy is on a plan of insurance other than the term plan, it shall contain a nonforfeiture provision or provisions which in the opinion of the Commissioner is or are equitable to the insured persons and to the policyholder; but nothing in this subsection shall be construed to require that group life insurance policies contain the same nonforfeiture provisions as are required for individual life insurance policies.
Nev. Rev. Stat. § 684A.100 — NV Code / Title 57 / Chapter 684A / Section 684A.100
Examination for license: Required; exception
Status: in_force

Each person who intends to apply for a license as an adjuster must, before applying for the license, personally take and pass to the Commissioner's satisfaction a written examination testing the applicant's qualifications and competence to act as an adjuster and his or her knowledge of pertinent provisions of this Code unless:

1. The person: (a) Is not a resident of this State; (b) Has passed an examination to become licensed as an adjuster in the person's home state; and (c) Is currently licensed and in good standing in the person's home state as an adjuster; or

2. The person was licensed in this State as the same type of adjuster within the 24-month period immediately preceding the date of the application, unless the previous license was revoked or suspended or its continuation was refused by the Commissioner.
Nev. Rev. Stat. § 691D.220 — NV Code / Title 57 / Chapter 691D / Section 691D.220
Employee or authorized representative of licensee authorized to sell or offer portable electronics insurance without license under certain circumstances; restrictions; compensation
Status: in_force

1. Notwithstanding any other provision of law, an employee or authorized representative of a vendor that holds a license as a producer of insurance in portable electronics insurance issued by the Commissioner pursuant to NRS 683A.261 or 683A.271 may, without a license issued by the Commissioner, sell or offer coverage under a policy of portable electronics insurance at any location at which the vendor does business if: (a) The employee or authorized representative of the vendor sells or offers coverage under a policy of portable electronics insurance only on behalf of, and under the supervision of, the vendor; and (b) Before the employee or authorized representative of the vendor sells or offers coverage under a policy of portable electronics insurance, he or she completes a program of training provided by the vendor pursuant to NRS 691D.300 .

2. An employee or authorized representative of a vendor who sells or offers coverage under a policy of portable electronics insurance pursuant to this section shall not advertise, represent or otherwise hold himself or herself out as a licensed producer of insurance unless the person is licensed as a producer of insurance.

3. An employee or authorized representative of a vendor who offers to a customer coverage under a policy of portable electronics insurance pursuant to this section and enrolls the customer under the policy may receive from the vendor compensation that is: (a) Incidental to the overall compensation received by the employee or authorized representative of the vendor; and (b) Relating to the offering of the coverage and the enrolling of the customer under the policy of portable electronics insurance.
Nev. Rev. Stat. § 695G.290 — NV Code / Title 57 / Chapter 695G / Section 695G.290
Decision in favor of covered person binding on health carrier; limitation of liability; cost for independent review organization
Status: in_force

1. If the determination of an independent review organization concerning an external review of an adverse determination is in favor of the covered person, the determination is final, conclusive and binding upon the health carrier.

2. An independent review organization or any clinical peer who conducts or participates in an external review of an adverse determination for the independent review organization is not liable in a civil action for damages relating to a determination made by the independent review organization if the determination is made in good faith and without gross negligence.

3. The cost of conducting an external review of an adverse determination pursuant to NRS 695G.241 to 695G.310 , inclusive, must be paid by the health carrier that made the adverse determination.
Nev. Rev. Stat. § 687B.182 — NV Code / Title 57 / Chapter 687B / Section 687B.182
Binders: Issuance; period of effectiveness
Status: in_force

1. A binder may be issued only by a resident or nonresident agent appointed by the insurer which is to issue the policy.

2. Except as provided in subsection 3, a binder must not be effective for more than 90 days.

3. The effective period of a binder may be extended 30 days at a time with the written approval of the Commissioner.
Nev. Rev. Stat. § 686B.17595 — NV Code / Title 57 / Chapter 686B / Section 686B.17595
“Large-deductible agreement” defined
Status: in_force

“ Large-deductible agreement ” means any combination of one or more policies, endorsements, contracts or security arrangements, which provide for the policyholder to bear the risk of loss of a specified amount of $25,000 or more per claim or occurrence covered under a policy of industrial insurance and which may be subject to an aggregate limit of the policyholder's reimbursement obligations.
Nev. Rev. Stat. § 681A.030 — NV Code / Title 57 / Chapter 681A / Section 681A.030
“Health insurance” defined
Status: in_force

“Health insurance” is insurance of human beings against bodily injury, disablement or death by accident or accidental means, or the expense thereof, or against disablement or expense resulting from sickness, and every insurance appertaining thereto, together with provisions operating to safeguard contracts of health insurance against lapse in the event of strike or layoff due to labor disputes.
Nev. Rev. Stat. § 692C.355 — NV Code / Title 57 / Chapter 692C / Section 692C.355
Proposal to acquire or change or continue control of insurer domiciled in State: Notice; action by Commissioner
Status: in_force

An insurer, financial holding company, depositary institution or affiliate of any of them which proposes an acquisition or change or continuation of control of an insurer domiciled in this state shall give notice to the Commissioner of the proposed action no later than 60 days before the proposed action is to become effective. During this period, the Commissioner may collect, review and act upon applications and other documents or reports relating to the proposed action under his or her authority conferred by this title.
Nev. Rev. Stat. § 696A.060 — NV Code / Title 57 / Chapter 696A / Section 696A.060
“Person” defined
Status: in_force

“Person” is limited to any person who conducts a motor club business in this state.
Nev. Rev. Stat. § 682B.070 — NV Code / Title 57 / Chapter 682B / Section 682B.070
Appraisal
Status: in_force

The Commissioner may, in his or her discretion, prior to acceptance for deposit of any particular asset or security, or at any time thereafter while so deposited, have the same appraised or valued by competent appraisers. The reasonable costs of any such appraisal or valuation shall be borne by the insurer.
Nev. Rev. Stat. § 690A.017 — NV Code / Title 57 / Chapter 690A / Section 690A.017
“Creditor” defined
Status: in_force

“ Creditor ” means the lender of money or vendor or lessor of goods, services, property, rights or privileges for which payment is arranged through a credit transaction, and includes:

1. The successor to the right, title or interest of;

2. An affiliate, associate or subsidiary of;

3. Any director, officer or employee of; or

4. Any other person in any way associated with,

any such lender, vendor or lessor.
Nev. Rev. Stat. § 686C.350 — NV Code / Title 57 / Chapter 686C / Section 686C.350
Examination and regulation of Association by Commissioner; annual financial report
Status: in_force

The Association is subject to examination and regulation by the Commissioner. The Board of Directors shall submit to the Commissioner, not later than 120 days after the end of its fiscal year, a financial report in a form approved by the Commissioner and a report of its activities during the preceding fiscal year. Upon the request of a member insurer, the Association shall provide the insurer with a copy of the report.
Nev. Rev. Stat. § 691E.090 — NV Code / Title 57 / Chapter 691E / Section 691E.090
“Negotiate” defined
Status: in_force

“ Negotiate ” has the meaning ascribed to it in NRS 683A.065 .
Nev. Rev. Stat. § 695B.258 — NV Code / Title 57 / Chapter 695B / Section 695B.258
Extension of coverage under existing group contract
Status: in_force

The medical service corporation may elect to extend coverage of a subscriber under the existing group contract for a period not to exceed 6 months following the day of the person's eligibility for a converted contract if the conversion privilege is offered upon termination of the extended coverage under the group contract.
Nev. Rev. Stat. § 689.295 — NV Code / Title 57 / Chapter 689 / Section 689.295
Prepaid contracts: Credit life insurance
Status: in_force

If the purchase price for a prepaid contract is to be paid in installments, the seller may make available to the buyer credit life insurance on a form and terms filed with and approved by the Commissioner. The buyer must be provided with a certificate of the credit insurance by the seller or as otherwise required by the Commissioner.
Nev. Rev. Stat. § 695G.1714 — NV Code / Title 57 / Chapter 695G / Section 695G.1714
Required provision concerning coverage for examination of person who is pregnant for certain diseases
Status: in_force

1. A managed care organization that issues a health care plan shall provide coverage for the examination of a person who is pregnant for the discovery of: (a) Chlamydia trachomatis , gonorrhea, hepatitis B and hepatitis C in accordance with NRS 442.013 . (b) Syphilis in accordance with NRS 442.010 .

2. The coverage required by this section must be provided: (a) Regardless of whether the benefits are provided to the insured by a provider of health care, facility or medical laboratory that participates in the network plan of the managed care organization; and (b) Without prior authorization.

3. A health care plan 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 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) “Medical laboratory” has the meaning ascribed to it in NRS 652.060 . (b) “ Network plan ” means a health care plan offered by a managed care organization under which the financing and delivery of medical care, including items and services paid for as medical care, are provided, in whole or in part, through a defined set of providers under contract with the managed care organization. The term does not include an arrangement for the financing of premiums. (c) “Provider of health care” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 688A.040 — NV Code / Title 57 / Chapter 688A / Section 688A.040
Standard provisions required in certain policies
Status: in_force

1. No policy of life insurance other than pure endowments, with or without return of premiums or of premiums and interest, shall be delivered or issued for delivery in this state unless it contains in substance all of the applicable provisions required by NRS 688A.050 to 688A.160 , inclusive. This section does not apply to annuity contracts or to any provision of a life insurance policy, or contract supplemental thereto, relating to disability benefits or to additional benefits in the event of death by accident or accidental means.

2. Any of such provisions or portions thereof not applicable to single premium or nonparticipating or term policies or insurance granted in exchange for lapsed or surrendered policies shall to that extent not be incorporated therein.
Nev. Rev. Stat. § 681B.100 — NV Code / Title 57 / Chapter 681B / Section 681B.100
Contingency reserves for insurance of repayment of debt secured by mortgage
Status: in_force

1. Casualty or surety insurers insuring real property mortgage lenders against loss by reason of nonpayment of the mortgage indebtedness by the borrower shall maintain a contingency reserve for the protection of policyholders against the effects of adverse economic cycles.

2. The insurer shall contribute to such contingency reserve 50 percent of net premiums (gross premiums less premiums returned to policyholders) written on such insurance remaining after establishment of the unearned premium reserve.

3. Subject to the Commissioner's approval, the contingency reserve shall be available for payment of losses only when the insurer's incurred losses in any 1 calendar year exceed the rate formula expected losses by 10 percent of the related earned premiums.
Nev. Rev. Stat. § 695A.1845 — NV Code / Title 57 / Chapter 695A / Section 695A.1845
Coverage for certain tests and vaccines relating to human papillomavirus required; prohibited acts
Status: in_force

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

2. A society 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 society.

3. Except as otherwise provided in subsection 5, a society that offers or issues a benefit contract shall not: (a) Require an insured to pay a higher deductible, any copayment or coinsurance or require a longer waiting period or other condition for coverage to obtain any benefit provided in the benefit contract pursuant to subsection 1; (b) Refuse to issue a benefit contract or cancel a benefit contract solely because the person applying for or covered by the contract 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 benefit contract subject to the provisions of this chapter which is delivered, issued for delivery or renewed on or after January 1, 2018, has the legal effect of including the coverage required by subsection 1, and any provision of the benefit contract or the renewal which is in conflict with this section is void.

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

6. As used in this section: (a) “ Human papillomavirus vaccine ” means the Quadrivalent Human Papillomavirus Recombinant Vaccine or its successor which is approved by the Food and Drug Administration for the prevention of human papillomavirus infection and cervical cancer. (b) “ Medical management technique ” means a practice which is used to control the cost or utilization of health care services or prescription drug use. The term includes, without limitation, the use of step therapy, prior authorization or categorizing drugs and devices based on cost, type or method of administration. (c) “ Network plan ” means a benefit contract offered by a society under which the financing and delivery of medical care, including items and services paid for as medical care, are provided, in whole or in part, through a defined set of providers under contract with the society. The term does not include an arrangement for the financing of premiums. (d) “Provider of health care” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 680A.100 — NV Code / Title 57 / Chapter 680A / Section 680A.100
Name of insurer
Status: in_force

1. No insurer shall be formed or authorized to transact insurance in this state which has or uses a name which is the same as or deceptively similar to that of another insurer already so authorized, without the written consent of such other insurer.

2. No life insurer shall be so authorized which has or uses a name deceptively similar to that of another insurer, other than a predecessor in interest, authorized to transact insurance in this state within the preceding 10 years if life insurance policies originally issued by such other insurer are still outstanding in this state.

3. No insurer shall be formed or authorized to transact insurance which has or uses a name the same as or deceptively similar to that of any foreign insurer not so authorized if such foreign insurer has within the next preceding 12 months signified its intention to secure an incorporation in this state under such name, or to do business as a foreign insurer in this state under such name, by filing notice of such intention with the Commissioner, unless the written consent to the use of such name or deceptively similar name has been given by such foreign insurer.

4. No insurer shall be so authorized which has or uses a name which tends to deceive or mislead as to the type of organization of the insurer.

5. In case of conflict of names between two insurers, or a conflict otherwise prohibited under this section, the Commissioner may permit (or shall require as a condition to the issuance of an original certificate of authority to an applicant insurer) the insurer to use in this state such supplementation or modification of its name or such business name as may reasonably be necessary to avoid the conflict.

6. Except as provided in subsection 5, an insurer shall conduct its business in this state in its own corporate (if incorporated) or proper (if a reciprocal insurer) name.
Nev. Rev. Stat. § 697.280 — NV Code / Title 57 / Chapter 697 / Section 697.280
Bail agent: Place of business; display of licenses and fees charged; retention of records at place of business
Status: in_force

1. Every bail agent shall have and maintain in this state a place of business accessible to the public, wherein the licensee principally conducts transactions under his or her license. The address of the principal place of business of the licensee must appear upon the application for a license and upon the license, when issued, and the licensee shall promptly notify the Commissioner of any change in that address. This subsection does not prohibit a licensee from conducting business in his or her residence in this state.

2. The licenses of the licensee, and those of others employed by the licensee, and the fees charged for services rendered must be conspicuously displayed in the principal place of business of the licensee in a part or area customarily open to the public.

3. The bail agent shall keep at his or her principal place of business the records required under NRS 697.290 .
Nev. Rev. Stat. § 694B.035 — NV Code / Title 57 / Chapter 694B / Section 694B.035
Reciprocal insurer authorized to affect title to real property for purposes of insurer
Status: in_force

A reciprocal insurer may purchase, sell, mortgage, encumber, lease or otherwise affect the title to real property for the purposes and objects of the reciprocal insurer. All deeds, notes, mortgages or other documents relating to the real property may be executed in the name of the reciprocal insurer by its attorney.
Nev. Rev. Stat. § 689B.350 — NV Code / Title 57 / Chapter 689B / Section 689B.350
“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, an employee or a dependent of the employee, if the affiliation period is applied uniformly and without regard to any health status-related factors.
Nev. Rev. Stat. § 695B.1916 — NV Code / Title 57 / Chapter 695B / Section 695B.1916
Required provision in contract covering prescription drugs or devices concerning coverage of hormone replacement therapy in certain circumstances; prohibited acts; exception
Status: in_force

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

2. An insurer that offers or issues a contract for hospital or medical service that provides coverage for prescription drugs shall not: (a) Require an insured to pay a higher deductible, any copayment or coinsurance or require a longer waiting period or other condition for coverage for a prescription for hormone replacement therapy; (b) Refuse to issue a 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. The provisions of this section do not require an insurer to provide coverage for fertility drugs.

5. As used in this section, “provider of health care” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 690A.063 — NV Code / Title 57 / Chapter 690A / Section 690A.063
Commencement of consumer credit insurance; prohibited charging or retention of payment
Status: in_force

1. Except as otherwise provided in this section, for consumer credit insurance that is made available to and elected by a debtor before or with the credit transaction to which it relates, the term of the insurance must, subject to acceptance by the insurer, commence on the date on which the debtor becomes obligated to the creditor. If the insurer requires evidence of individual insurability and the evidence is provided to the insurer more than 30 days after the date on which the debtor becomes obligated to the creditor, the insurance may commence on the date on which the insurer determines the evidence to be satisfactory.

2. Except as otherwise provided in this section, for consumer credit insurance that is made available to and elected by a debtor after the credit transaction to which it relates, the term of the insurance must, subject to acceptance by the insurer, commence on a date not earlier than the date the election is made by the debtor and not later than 30 days after the date on which the insurance company accepts the risk for coverage. If the coverage does not commence on the date on which the insurance company accepts the risk for coverage, the date that coverage commences must be related to an objective method for determining the date, including, without limitation, the billing cycle, the payment cycle or a calendar month.

3. If a group policy provides coverage with respect to debts existing on the effective date of the policy, the insurance related to a debt must not commence before the effective date of the group policy.

4. A creditor or insurer shall not charge or retain payment from a debtor before commencement of the insurance to which the charge is related.
Nev. Rev. Stat. § 679B.350 — NV Code / Title 57 / Chapter 679B / Section 679B.350
Testimony compelled; immunity from prosecution
Status: in_force

1. If any individual asks to be excused from attending or testifying or from producing any books, papers, records, contracts, correspondence or other documents in connection with any examination, hearing or investigation being conducted by the Commissioner or an examiner of the Commissioner, on the ground that the testimony or evidence required of the individual may tend to incriminate the individual or subject him or her to a penalty or forfeiture, and nonetheless is directed by the Attorney General to give such testimony or produce such evidence, the individual must comply with such direction; but the individual shall not thereafter be prosecuted or subjected to any penalty or forfeiture for or on account of any transaction, matter or thing concerning which he or she may have so testified or produced evidence, and no testimony so given or evidence produced shall be received against him or her upon any criminal action, investigation or proceeding. No such individual so testifying shall be exempt from: (a) Prosecution or punishment for any perjury committed by the individual in such testimony, and the testimony or evidence so given or produced shall be admissible against the individual upon any criminal action, investigation or proceeding concerning such perjury. (b) The refusal, suspension or revocation of any license, permission or authority conferred, pursuant to this Code.

2. Any such individual may execute, acknowledge and file in the office of the Commissioner and of the Attorney General a statement expressly waiving such immunity or privilege in respect to any transaction, matter or thing specified in such statement, and thereupon the testimony of such individual or such evidence in relation to such transaction, matter or thing may be received or produced before any judge or justice, court, tribunal, grand jury or otherwise, and if such testimony or evidence is so received or produced such individual shall not be entitled to any immunity or privileges on account of any testimony or evidence the individual may so give or produce.
Nev. Rev. Stat. § 695A.160 — NV Code / Title 57 / Chapter 695A / Section 695A.160
Amendment of laws of society: Manner; approval by Commissioner; provision to members
Status: in_force

1. A domestic society may amend its laws in accordance with the provisions thereof by action of its supreme governing body at any regular or special meeting thereof or, if its laws so provide, by referendum. Such a referendum may be held in accordance with the provisions of its laws by the vote of the voting members of the society, by the vote of delegates or representatives of voting members or by the vote of local lodges. A society may provide for voting by mail. No amendment submitted for adoption by referendum may be adopted unless, within 6 months after the date of submission thereof, a majority of all of the voting members of the society have signified their consent to the amendment by one of the methods specified in this section.

2. No amendment to the laws of any domestic society becomes effective unless approved by the Commissioner, who shall approve the amendment if the Commissioner finds that it has been duly adopted and is not inconsistent with any requirement of the laws of this state or with the character, objects and purposes of the society. Unless the Commissioner disapproves an amendment within 60 days after it is filed, such amendment shall be deemed approved. The approval or disapproval of the Commissioner must be in writing and mailed to the secretary or corresponding officer of the society at its principal office. If the Commissioner disapproves an amendment, the reasons therefor must be stated in the written notice.

3. Within 90 days after their approval by the Commissioner, all the amendments, or a synopsis thereof, must be furnished to all members of the society either by mail or by publication in full in the official publication of the society. The affidavit of any officer of the society or of anyone authorized by it to mail any amendments or synopsis thereof, stating facts which show that the amendments or synopsis thereof have been duly addressed and mailed, is prima facie evidence that the amendments or synopsis thereof have been furnished the addressee.

4. Every foreign or alien society authorized to do business in this state shall file with the Commissioner a duly certified copy of all amendments of, or additions to, its laws within 90 days after their enactment.

5. Printed copies of the laws as amended, certified by the secretary or corresponding officer of the society, are prima facie evidence of the legal adoption thereof.
Nev. Rev. Stat. § 692C.363 — NV Code / Title 57 / Chapter 692C / Section 692C.363
Insurer required to notify Commissioner of intent to enter into certain transactions with affiliate; approval of transactions; exceptions
Status: in_force

1. Except as otherwise provided in subsection 2, a domestic insurer shall not enter into any of the following transactions with an affiliate unless the insurer has notified the Commissioner in writing of its intention to enter into the transaction at least 30 days previously, or such shorter period as the Commissioner may permit, and the Commissioner has not disapproved it within that period: (a) A sale, purchase, exchange, loan or extension of credit, guaranty or investment if the transaction equals at least: (1) With respect to an insurer other than a life insurer, the lesser of 3 percent of the insurer's admitted assets or 25 percent of surplus as regards policyholders; or (2) With respect to a life insurer, 3 percent of the insurer's admitted assets, computed as of December 31 next preceding the transaction. (b) A loan or extension of credit to any person who is not an affiliate, if the insurer makes the loan or extension of credit with the agreement or understanding that the proceeds of the transaction, in whole or in substantial part, are to be used to make loans or extensions of credit to, to purchase assets of, or to make investments in, any affiliate of the insurer if the transaction equals at least: (1) With respect to insurers other than life insurers, the lesser of 3 percent of the insurer's admitted assets or 25 percent of surplus as regards policyholders; or (2) With respect to life insurers, 3 percent of the insurer's admitted assets, computed as of December 31 next preceding the transaction. (c) A pooling agreement or other agreement for reinsurance or a modification thereto in which the premium for reinsurance or a change in the insurer's liabilities equals at least 5 percent of the insurer's surplus as regards policyholders as of December 31 next preceding the transaction, including an agreement which requires as consideration the transfer of assets from an insurer to a nonaffiliate, if an agreement or understanding exists between the insurer and nonaffiliate that any portion of those assets will be transferred to an affiliate of the insurer. (d) An agreement for management, agreement to allocate taxes, contract for service, guarantee or arrangement to share costs. (e) A guaranty made by a domestic insurer, regardless of whether the guaranty is quantifiable as to amount, except that a guaranty that is quantifiable as to amount is not subject to the provisions of this subsection unless the guaranty exceeds the lesser of one-half of 1 percent of the admitted assets of the domestic insurer or 10 percent of its surplus as regards policyholders as of December 31 next preceding the guaranty. (f) Except as otherwise provided in subsection 4, a direct or indirect acquisition of or investment in a person who controls the domestic insurer or an affiliate of the domestic insurer in an amount that, when added to its present holdings, exceeds 2.5 percent of the domestic insurer's surplus to policyholders. (g) A material transaction, specified by regulation, which the Commissioner determines may adversely affect the interest of the insurer's policyholders.

2. A domestic insurer shall not amend or modify any agreement with an affiliate to enter into a transaction subject to the provisions of subsection 1 unless the insurer notifies the Commissioner. The notice must be given not less than 30 days before the effective date of the amendment or modification and must include, without limitation, the reasons for the amendment or modification and the financial impact, if any, of the amendment or modification on the domestic insurer. Upon receipt of a notice pursuant to this subsection, the Commissioner shall determine whether the amendment or modification is subject to the provisions of subsection 1 and notify the domestic insurer of the Commissioner's determination within 30 days. If the Commissioner does not give such notice within 30 days after receiving the notice from the domestic insurer, the amendment or modification shall be deemed to be approved.

3. This section does not authorize or permit any transaction which, in the case of an insurer not an affiliate, would be contrary to law.

4. The provisions of paragraph (f) of subsection 1 do not apply to a direct or indirect acquisition of or investment in: (a) A subsidiary acquired in accordance with this section or NRS 692C.140 ; or (b) A nonsubsidiary insurance affiliate that is subject to the provisions of this chapter.
Nev. Rev. Stat. § 688B.020 — NV Code / Title 57 / Chapter 688B / Section 688B.020
“Wholesale life insurance” defined
Status: in_force

1. As used in this Code, “ wholesale life insurance ” is that plan of life insurance, other than salary savings life insurance or pension trust insurance and annuities, issued to: (a) Three or more employees of any corporation, copartnership or individual employer or any governmental corporation, agency or department thereof; or (b) Ten or more members, employees or employees of members of any trade or professional association, or of a labor union, or of any association of members in the same or related occupations, profession or industry having had an active existence for at least 2 years, where such association or union has a constitution or bylaws and is formed in good faith for purposes other than that of obtaining insurance, where such persons, with or without their dependents are issued the same form of an individual policy on the plan, varying only as to amounts of coverage applied for by such persons and under an arrangement whereby the premiums on such policies may be paid to the insurer periodically by the employer, with or without payroll deductions, or by the insured or association or union for its members, or by some designated person acting on behalf of such employer, association or union. The term “employees” as used in this section shall be deemed to include the officers, managers, employees and retired employees of the employer and the individual proprietor or partners if the employer is an individual or partnership.

2. Each policy issued under this section shall provide that the coverage shall terminate when the insured individual no longer qualifies for such policy under this section; but the policy may provide that it may be continued in force or be replaced with another policy if the premium, benefits and other relevant factors of the continued or replacement policy are the same as those of a similar individual policy not issued under or pursuant to this section.
Nev. Rev. Stat. § 689B.460 — NV Code / Title 57 / Chapter 689B / Section 689B.460
“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. § 696B.415 — NV Code / Title 57 / Chapter 696B / Section 696B.415
Disbursements to insurance guaranty associations; administrative expenses; claims for unearned premiums
Status: in_force

1. Upon the issuance of an order of liquidation with a finding of insolvency against a domestic insurer, the Commissioner shall apply to the district court for authority to disburse money to the Nevada Insurance Guaranty Association or the Nevada Life and Health Insurance Guaranty Association out of the marshaled assets of the insurer, as money becomes available, in amounts equal to disbursements made or to be made by the Association for claims-handling expense and covered-claims obligations upon the presentation of evidence that disbursements have been made by the Association. The Commissioner shall apply to the district court for authority to make similar disbursements to insurance guaranty associations in other jurisdictions if one of the Nevada Associations is entitled to like payment pursuant to the laws relating to insolvent insurers in the jurisdiction in which the organization is domiciled.

2. The Commissioner, in determining the amounts available for disbursement to the Nevada Insurance Guaranty Association, the Nevada Life and Health Insurance Guaranty Association and similar organizations in other jurisdictions, shall reserve sufficient assets for the payment of the expenses of administration.

3. The Commissioner shall establish procedures for the ratable allocation of disbursements to the Nevada Insurance Guaranty Association, the Nevada Life and Health Insurance Guaranty Association and similar organizations in other jurisdictions, and shall secure from each organization to which money is paid as a condition to advances in reimbursement of covered-claims obligations an agreement to return to the Commissioner, on demand, amounts previously advanced which are required to pay claims of secured creditors and claims falling within the priorities established in paragraph (a) or (b) of subsection 1 of NRS 696B.420 .

4. The Commissioner, as receiver for an insolvent insurer, may file a claim on behalf of all insureds for any unearned premiums. The Nevada Insurance Guaranty Association, the Nevada Life and Health Insurance Guaranty Association and similar organizations in other jurisdictions shall accept the claim in lieu of requiring each insured to file a claim for the unearned premium.
Nev. Rev. Stat. § 689B.570 — NV Code / Title 57 / Chapter 689B / Section 689B.570
Carrier that offers coverage through network plan not required to offer coverage to employer that does not employ enrollees who reside or work in geographic service area for which carrier is authorized to transact insurance
Status: in_force

1. A carrier that offers coverage through a network plan is not required to offer coverage to or accept an application from an employer that does not employ or no longer employs any enrollees who reside or work in the geographic service area of the carrier, provided that such coverage is refused or terminated uniformly without regard to any health status-related factor for any employee of the employer.

2. As used in this section, “ network plan ” means a health benefit plan offered by a health carrier under which the financing and delivery of medical care, 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.
Nev. Rev. Stat. § 689C.025 — NV Code / Title 57 / Chapter 689C / Section 689C.025
“Carrier” defined
Status: in_force

“ Carrier ” means any person who provides health insurance in this state, including a fraternal benefit society, a health maintenance organization, a nonprofit hospital and health service corporation, a health insurance company and any other person providing a plan of health insurance or health benefits subject to this title.
Nev. Rev. Stat. § 683A.1835 — NV Code / Title 57 / Chapter 683A / Section 683A.1835
“Storage space” defined
Status: in_force

“Storage space” has the meaning ascribed to it in NRS 108.4746 .
Nev. Rev. Stat. § 689B.0305 — NV Code / Title 57 / Chapter 689B / Section 689B.0305
Policy covering prescription drug for treatment of cancer or cancer symptom that is part of step therapy protocol: Insurer required to allow insured or attending practitioner to apply for exemption from step therapy protocol in certain circumstances; procedure for applying for and granting exemption
Status: in_force

1. An insurer that offers or issues a policy of group health insurance which provides coverage of a prescription drug for the treatment of cancer or any symptom of cancer that is part of a step therapy protocol shall allow an insured who has been diagnosed with stage 3 or 4 cancer or the attending practitioner of the insured to apply for an exemption from the step therapy protocol. The application process for such an exemption must: (a) Allow the insured or attending practitioner, or a designated advocate for the insured or attending practitioner, to present to the insurer the clinical rationale for the exemption and any relevant medical information. (b) Clearly prescribe the information and supporting documentation that must be submitted with the application, the criteria that will be used to evaluate the request and the conditions under which an expedited determination pursuant to subsection 4 is warranted. (c) Require the review of each application by at least one physician, registered nurse or pharmacist.

2. The information and supporting documentation required pursuant to paragraph (b) of subsection 1: (a) May include, without limitation: (1) The medical history or other health records of the insured demonstrating that the insured has: (I) Tried other drugs included in the pharmacological class of drugs for which the exemption is requested without success; or (II) Taken the requested drug for a clinically appropriate amount of time to establish stability in relation to the cancer and the guidelines of the prescribing practitioner; and (2) Any other relevant clinical information. (b) Must not include any information or supporting documentation that is not necessary to make a determination about the application.

3. Except as otherwise provided in subsection 4, an insurer that receives an application for an exemption pursuant to subsection 1 shall: (a) Make a determination concerning the application if the application is complete or request additional information or documentation necessary to complete the application not later than 72 hours after receiving the application; and (b) If it requests additional information or documentation, make a determination concerning the application not later than 72 hours after receiving the requested information or documentation.

4. If, in the opinion of the attending practitioner, a step therapy protocol may seriously jeopardize the life or health of the insured, an insurer that receives an application for an exemption pursuant to subsection 1 must make a determination concerning the application as expeditiously as necessary to avoid serious jeopardy to the life or health of the insured.

5. An insurer shall disclose to the insured or attending practitioner who submits an application for an exemption from a step therapy protocol pursuant to subsection 1 the qualifications of each person who will review the application.

6. An insurer must grant an exemption from a step therapy protocol in response to an application submitted pursuant to subsection 1 if: (a) Any treatment otherwise required under the step therapy or any drug in the same pharmacological class or having the same mechanism of action as the drug for which the exemption is requested has not been effective at treating the cancer or symptom of the insured when prescribed in accordance with clinical indications, clinical guidelines or other peer-reviewed evidence; (b) Delay of effective treatment would have severe or irreversible consequences for the insured and the treatment otherwise required under the step therapy is not reasonably expected to be effective based on the physical or mental characteristics of the insured and the known characteristics of the treatment; (c) Each treatment otherwise required under the step therapy: (1) Is contraindicated for the insured or has caused or is likely, based on peer-reviewed clinical evidence, to cause an adverse reaction or other physical harm to the insured; or (2) Has prevented or is likely to prevent the insured from performing the responsibilities of his or her occupation or engaging in activities of daily living, as defined in 42 C.F.R. § 441.505 ; (d) The condition of the insured is stable while being treated with the prescription drug for which the exemption is requested and the insured has previously received approval for coverage of that drug; or (e) Any other condition for which such an exemption is required by regulation of the Commissioner is met.

7. If an insurer approves an application for an exemption from a step therapy protocol pursuant to this section, the insurer must cover the prescription drug to which the exemption applies in accordance with the terms of the applicable policy of group health insurance. The insurer may initially limit the coverage to a 1-week supply of the drug for which the exemption is granted. If the attending practitioner determines after 1 week that the drug is effective at treating the cancer or symptom for which it was prescribed, the insurer must continue to cover the drug for as long as it is necessary to treat the insured for the cancer or symptom. The insurer may conduct a review not more frequently than once each quarter to determine, in accordance with available medical evidence, whether the drug remains necessary to treat the insured for the cancer or symptom. The insurer shall provide a report of the review to the insured.

8. An insurer shall post in an easily accessible location on an Internet website maintained by the insurer a form for requesting an exemption pursuant to this section.

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

10. As used in this section, “ attending practitioner ” means the practitioner, as defined in NRS 639.0125 , who has primary responsibility for the treatment of the cancer or any symptom of such cancer of an insured.
Nev. Rev. Stat. § 692A.225 — NV Code / Title 57 / Chapter 692A / Section 692A.225
Closing protection letter: Revised Statutes Title insurer authorized to provide; indemnification against certain losses; fee; providing indemnification against certain losses by other means prohibited
Status: in_force

1. A title insurer may provide a closing protection letter to any person or entity who is a party to a real estate transaction in which a policy of title insurance has been or will be issued by or on behalf of the insurer.

2. A closing protection letter provided by a title insurer pursuant to this section may indemnify a person or entity to whom the letter is provided, under the terms and conditions of the letter as provided by the title insurer, against a loss that is in connection with the transaction for which the letter was provided and which is due to any of the following acts or omissions by a closing or settlement service provider: (a) Theft or misappropriation of any closing or settlement funds, to the extent that the theft or misappropriation affects the: (1) Status of the title to the interest in land that is the subject of the transaction; or (2) Validity, enforceability and priority of the lien of the mortgage on the interest in land that is the subject of the transaction. (b) Failure to comply with any written closing or settlement instructions, to the extent that the failure affects the: (1) Status of the title to the interest in land that is the subject of the transaction; or (2) Validity, enforceability and priority of the lien of the mortgage on the interest in land that is the subject of the transaction.

3. A title insurer shall charge a fee of not less than $25 to each person or entity to which the insurer provides a closing protection letter pursuant to this section.

4. The fee charged pursuant to this section for a closing protection letter: (a) Must not be included in any agreement requiring a division of fees or premiums collected by or on behalf of the title insurer who provided the letter; and (b) Shall be deemed earned upon the closing of the transaction for which the letter was provided.

5. A title insurer may not provide or purport to provide indemnification to a person or entity against a loss in connection with acts or omissions by a closing or settlement service provider pursuant to subsection 2 by or through any other product or method than a closing protection letter provided pursuant to this section.

6. As used in this section, “ closing or settlement service provider ” means a person employed or approved by a title insurer to perform the closing or settlement of a real estate transaction in which a policy of title insurance has been issued by or on behalf of the insurer and may include, without limitation, a title agent or an escrow officer.
Nev. Rev. Stat. § 681B.330 — NV Code / Title 57 / Chapter 681B / Section 681B.330
Valuation and calculation of reserves; acceptance of valuation by another state or jurisdiction; applicability
Status: in_force

1. For policies and contracts issued on or after the operative date of the Valuation Manual : (a) The Commissioner shall annually value, or cause to be valued, the reserve liabilities (hereinafter called reserves) for all outstanding life insurance contracts, annuity and pure endowment contracts, accident and health contracts, and deposit-type contracts of every applicable company doing business in this State. (b) In lieu of the valuation of the reserves required of a foreign or alien applicable company, the Commissioner may accept a valuation made, or caused to be made, by the insurance supervisory official of any state or other jurisdiction when the valuation complies with the minimum standard provided in NRS 681B.110 to 681B.510 , inclusive.

2. The provisions set forth in NRS 681B.300 , 681B.320 , 681B.360 , 681B.370 and 681B.380 apply to all policies and contracts issued on or after the operative date of the Valuation Manual .

3. Except as otherwise provided in NRS 681B.310 , the provisions of this section apply only to, or in connection with, policies and contracts issued on or after the operative date of the Valuation Manual .
Nev. Rev. Stat. § 691E.260 — NV Code / Title 57 / Chapter 691E / Section 691E.260
Prohibited acts
Status: in_force

A travel retailer, or any employee or authorized representative of the travel retailer, who is not a licensed producer of insurance shall not:

1. Evaluate or interpret technical terms, benefits and conditions of any travel insurance coverage offered by the travel retailer;

2. Evaluate, provide advice or render an opinion concerning any existing insurance coverage of a prospective purchaser; or

3. Hold himself or herself out as a licensed insurer, licensed producer of insurance or insurance expert.
Nev. Rev. Stat. § 689C.077 — NV Code / Title 57 / Chapter 689C / Section 689C.077
“Network plan” defined
Status: in_force

“ Network plan ” means a health benefit plan offered by a health 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.
Nev. Rev. Stat. § 687A.050 — NV Code / Title 57 / Chapter 687A / Section 687A.050
Board of Directors: Members; vacancies; reimbursement of expenses
Status: in_force

1. The Board of Directors of the Association shall consist of not fewer than five nor more than nine persons. The members of the Board shall be appointed by the Commissioner and shall serve at the discretion of the Commissioner. Vacancies on the Board shall be filled in the same manner as initial appointments.

2. A majority of the members appointed shall be the designated representatives of member insurers. If practicable, one of the members appointed as a designated representative of the member insurers must be an officer of a domestic insurer. The Commissioner shall consider among other things whether all member insurers are fairly represented.

3. Members of the Board may be reimbursed from the assets of the Association for expenses incurred by them as members of the Board of Directors.
Nev. Rev. Stat. § 686A.105 — NV Code / Title 57 / Chapter 686A / Section 686A.105
Life insurance, annuities and health insurance: Discrimination against living organ donor prohibited
Status: in_force

1. With regard to any policy or contract of life insurance, life annuity or health insurance, no person shall discriminate against a living organ donor by: (a) Refusing to insure the living organ donor; (b) Refusing to continue to insure the living organ donor; (c) Limiting the amount, extent or kind of coverage available to a living organ donor; or (d) Charging a living organ donor a different rate, premium, deductible, copay or coinsurance than that charged to a similarly situated insured who is not a living organ donor for the same coverage, based solely, and without any additional actuarial risk, upon his or her status as a living organ donor.

2. As used in this section, “ living organ donor ” means a living person who donates one or more of his or her organs, including, without limitation, bone marrow, to be medically transplanted into the body of another person.
Nev. Rev. Stat. § 681B.380 — NV Code / Title 57 / Chapter 681B / Section 681B.380
Principle-based valuation: Prescribed formulaic reserve component allowed; applicability
Status: in_force

1. A principle-based valuation may include a prescribed formulaic reserve component.

2. Except as otherwise provided in NRS 681B.310 , the provisions of this section apply only to, or in connection with, policies and contracts issued on or after the operative date of the Valuation Manual .
Nev. Rev. Stat. § 686C.340 — NV Code / Title 57 / Chapter 686C / Section 686C.340
Impaired or insolvent insurers: Stay of proceedings; reopening of default judgments
Status: in_force

All proceedings in which the impaired or insolvent insurer is a party in any court in this state must be stayed for 60 days from the date an order of liquidation, rehabilitation or conservation is final to permit proper legal action by the Association on any matters germane to its powers or duties. If a judgment has been entered under any decision, order, verdict or finding based on default, the Association may apply to have the judgment set aside by the same court that entered the judgment and is entitled to defend against the suit on the merits.
Nev. Rev. Stat. § 695E.130 — NV Code / Title 57 / Chapter 695E / Section 695E.130
Purchase of insurance; exemption from certain laws
Status: in_force

1. Except as otherwise provided in chapter 685A of NRS , a purchasing group shall not purchase insurance from an unauthorized insurer or a risk retention group that is not chartered or registered in this state.

2. A purchasing group is exempt from any law of this state that relates to the formation or prohibition of groups for the purchase of insurance, and any law that would discriminate against a purchasing group or its members.

3. An insurer is exempt from any law of this state that prohibits providing, or offering to provide, to a purchasing group or its members advantages based on their loss and expense experiences not afforded to other persons with respect to rates, policy forms, coverages or other matters.

4. A purchasing group that obtains liability insurance from a surplus lines insurer or a risk retention group shall inform each of the members of the purchasing group which have a risk resident or located in this state that the risk is not protected by an insurance insolvency guaranty fund in this state, and that the risk retention group or insurer may not be subject to all insurance laws and regulations of this state.

5. No purchasing group may purchase insurance providing for a deductible or self-insured retention applicable to the group as a whole, but the coverage may provide for a deductible or self-insured retention applicable to individual members of the group.

6. Purchases of insurance by purchasing groups are subject to the same standards regarding aggregate limits which are applicable to all purchases of group insurance.
Nev. Rev. Stat. § 694C.320 — NV Code / Title 57 / Chapter 694C / Section 694C.320
Plan for payment of dividends; regulations
Status: in_force

The Commissioner may approve an ongoing plan for the payment of dividends or other distributions by a captive insurer if, at the time of each payment or distribution, the retention of capital by the captive insurer is in excess of the amounts required by the Commissioner. The Commissioner shall adopt by regulation:

1. A specific amount that a captive insurer must have in excess capital for the approval of an ongoing plan for the payment of dividends or other distributions; or

2. A formula pursuant to which the specific amount of required excess capital may be calculated.
Nev. Rev. Stat. § 695F.153 — NV Code / Title 57 / Chapter 695F / Section 695F.153
Evidence of coverage covering prescription drugs: Provision of notice and information regarding use of formulary
Status: in_force

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

2. If a prepaid limited health service organization offers or issues evidence of coverage which provides coverage for prescription drugs and a formulary is used, the organization shall: (a) Provide to any enrollee or participating provider of health care, upon request: (1) Information regarding whether a specific drug is included in the formulary. (2) Access to the most current list of prescription drugs in the formulary, organized by major therapeutic category, with an indication of whether any listed drugs are preferred over other listed drugs. If more than one formulary is maintained, the organization shall notify the requester that a choice of formulary lists is available. (b) Notify each person who requests information regarding the formulary, that the inclusion of a drug in the formulary does not guarantee that a provider of health care will prescribe that drug for a particular medical condition.
Nev. Rev. Stat. § 681A.500 — NV Code / Title 57 / Chapter 681A / Section 681A.500
Managers: Compliance with certain standards established by insurer; required provisions in contract; relationship with reinsurer
Status: in_force

1. A manager for reinsurance shall comply with the written underwriting and rating standards established by the insurer he or she represents for the acceptance, rejection or cession of all risks.

2. The contract must set forth the rates, terms and purposes of commissions, charges and other fees which the manager for reinsurance may levy against the reinsurer.

3. The manager for reinsurance shall annually provide the reinsurer with a statement of the financial condition of the manager for reinsurance prepared by an independent certified public accountant.

4. The reinsurer shall conduct a review of underwriting and the handling of claims by the manager for reinsurance at the location of the operations of the manager for reinsurance at least twice each calendar year.

5. The manager for reinsurance shall disclose to the reinsurer any relationship the manager for reinsurance has with an insurer before ceding or assuming insurance to or from the insurer pursuant to the contract.

6. The acts of the manager for reinsurance shall be deemed to be the acts of the reinsurer on whose behalf the manager for reinsurance is acting.
Nev. Rev. Stat. § 679B.400 — NV Code / Title 57 / Chapter 679B / Section 679B.400
Legislative findings and declarations; purposes
Status: in_force

1. The Legislature finds and declares that: (a) Stabilizing the cost of insurance is of vital concern to the residents of this state; and (b) It is necessary to establish a comprehensive system to collect, analyze and distribute information concerning the cost of insurance in order to stabilize that cost effectively.

2. The purposes of NRS 679B.400 to 679B.460 , inclusive, are to: (a) Promote the public welfare by studying the relationship of premiums and related income of insurers to costs and expenses of insurers; (b) Develop measures to stabilize prices for insurance while continuing to provide insurance of high quality to the residents of this state; (c) Permit and encourage competition between insurers on a sound financial basis to the fullest extent possible; (d) Establish a mechanism to ensure the provision of adequate insurance at reasonable rates to the residents of this state; and (e) Protect the rights of customers of insurance in this state.
Nev. Rev. Stat. § 679B.430 — NV Code / Title 57 / Chapter 679B / Section 679B.430
Authority of Commissioner to issue orders for compliance with provisions; regulations governing recording and reporting of certain information by certain insurers; such insurer required to report information and to pay fee in certain circumstances
Status: in_force

1. The Commissioner may issue such orders as are necessary to require compliance with the provisions of NRS 679B.400 to 679B.460 , inclusive.

2. The Commissioner shall adopt regulations requiring each insurer authorized to transact casualty or property insurance in this state to record and report its losses, expenses and other information necessary to assess the relationship of premiums and related income to costs and expenses of insurers. The Commissioner may designate one or more rate service organizations or other advisory organizations to gather and compile this information. The Commissioner shall require each insurer authorized to transact casualty or property insurance in this state to submit reports, on forms furnished by the Commissioner, of its transactions in insurance in this state and elsewhere.

3. If a rate service organization or other advisory organization designated pursuant to subsection 2 imposes a fee for the filing, processing or review of information required to be filed by this section, the insurer shall pay that fee and file the information.
Nev. Rev. Stat. § 692C.402 — NV Code / Title 57 / Chapter 692C / Section 692C.402
Sources from which receiver appointed under order for liquidation or rehabilitation of insurer is authorized to recover
Status: in_force

1. If an order for liquidation or rehabilitation of a domestic insurer has been entered, the receiver appointed under the order may recover on behalf of the insurer: (a) From any parent corporation or holding company, or person or affiliate who otherwise controlled the insurer, the amount of distributions, other than distributions of shares of the same class of stock, paid by the insurer on its capital stock; or (b) Any payment in the form of a bonus, settlement on termination, or extraordinary adjustment of salary in a lump sum made by the insurer or a subsidiary to a director, officer or employee, if the distribution or payment is made at any time during the year preceding the petition for liquidation, conservation or rehabilitation, as the case may be, subject to the limitations of subsection 2 and of NRS 692C.404 .

2. Such a distribution is not recoverable if the parent or affiliate shows that, when paid, the distribution was lawful and reasonable, and that the insurer did not know and could not reasonably have known that the distribution might adversely affect its ability to fulfill its contractual obligations.
Nev. Rev. Stat. § 689A.0446 — NV Code / Title 57 / Chapter 689A / Section 689A.0446
Coverage for biomarker testing for diagnosis, treatment, management and monitoring of cancer required in certain circumstances; establishment of process to request exception or appeal denial of coverage; time for responding to request for prior authorization
Status: in_force

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

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

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

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

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

6. As used in this section: (a) “ Biomarker ” means a characteristic that is objectively measured and evaluated as an indicator of a normal biological process, a pathogenic process or a pharmacological response to a specific therapeutic intervention and includes, without limitation: (1) An interaction between a gene and a drug that is being used by or considered for use by the patient; (2) A mutation or characteristic of a gene; and (3) The expression of a protein. (b) “ Biomarker testing ” means the analysis of the tissue, blood or other biospecimen of a patient for the presentation of a biomarker and includes, without limitation, single-analyte tests, multiplex panel tests and whole genome, whole exome and whole transcriptome sequencing. (c) “ Consensus statement ” means a statement aimed at a specific clinical circumstance that is: (1) Made for the purpose of optimizing the outcomes of clinical care; (2) Made by an independent, multidisciplinary panel of experts that has established a policy to avoid conflicts of interest; (3) Based on scientific evidence; and (4) Made using a transparent methodology and reporting procedure. (d) “ Medically necessary ” means health care services or products that a prudent provider of health care would provide to a patient to prevent, diagnose or treat an illness, injury or disease, or any symptoms thereof, that are necessary and: (1) Provided in accordance with generally accepted standards of medical practice; (2) Not primarily provided for the convenience of the patient or provider of health care; and (3) Significant in guiding and informing the provider of health care in providing the most appropriate course of treatment for the patient in order to prevent, delay or lessen the magnitude of an adverse health outcome. (e) “ Nationally recognized clinical practice guidelines ” means evidence-based guidelines establishing standards of care that include, without limitation, recommendations intended to optimize care of patients and are: (1) Informed by a systemic review of evidence and an assessment of the risks and benefits of alternative options for care; and (2) Developed using a transparent methodology and reporting procedure by an independent organization or society of medical professionals that has established a policy to avoid conflicts of interest. (f) “ Network plan ” means a policy of health insurance offered by an insurer under which the financing and delivery of medical care, including items and services paid for as medical care, are provided, in whole or in part, through a defined set of providers under contract with the insurer. The term does not include an arrangement for the financing of premiums. (g) “ Provider of health care ” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 688D.050 — NV Code / Title 57 / Chapter 688D / Section 688D.050
“Policy of life insurance” defined
Status: in_force

1. “ Policy of life insurance ” means any policy, contract or certificate of life insurance that provides a death benefit.

2. The term does not include: (a) A policy or certificate of life insurance that is used to fund a preneed contract or sales agreement for funeral or burial services pursuant to chapter 689 of NRS ; (b) A policy or certificate of credit life insurance or credit accident and health insurance pursuant to chapter 690A of NRS ; or (c) A policy or certificate of accidental death insurance.
Nev. Rev. Stat. § 693A.240 — NV Code / Title 57 / Chapter 693A / Section 693A.240
Mutual insurers: Enforcement of contingent liability
Status: in_force

1. The insurer shall notify each member of the amount of the assessment to be paid by written notice mailed to the address of the member last of record with the insurer. Failure of the member to receive the notice so mailed, within the time specified therein for the payment of the assessment or at all, shall be no defense in any action to collect the assessment.

2. If a member fails to pay the assessment within the period specified in the notice, which period shall not be less than 20 days after mailing, the insurer may institute suit to collect the same.
Nev. Rev. Stat. § 682A.400 — NV Code / Title 57 / Chapter 682A / Section 682A.400
Applicability
Status: in_force

NRS 682A.400 to 682A.468 , inclusive, apply to the investments and investment practices of life and health insurers.
Nev. Rev. Stat. § 686C.150 — NV Code / Title 57 / Chapter 686C / Section 686C.150
Powers regarding impaired insurers
Status: in_force

If a member insurer is an impaired insurer, the Association may, subject to any conditions it may impose which do not impair the contractual obligations of the impaired insurer and which are approved by the Commissioner:

1. Guarantee, assume, reissue or reinsure, or cause to be guaranteed, assumed, reissued or reinsured, any or all of the covered policies or contracts of the impaired insurer.

2. Provide such money, pledges, loans, notes, guarantees or other means as are proper to effectuate subsection 1, and assure payment of the contractual obligations of the impaired insurer pending action under subsection 1.
Nev. Rev. Stat. § 693B.140 — NV Code / Title 57 / Chapter 693B / Section 693B.140
Commissioner authorized to take possession of business and property of organizations
Status: in_force

Upon the Commissioner's determination that, as a result of an acute emergency, the business and affairs of an organization cannot otherwise be conducted in a safe and sound manner, the Commissioner may forthwith take possession of the business and property of the organization within this state or, if a domestic organization, its business and property wherever situated. The provisions of chapter 696B of NRS (conservation, rehabilitation, liquidation) shall be applicable in any case in which the Commissioner takes possession of an organization pursuant to this section as though the organization were an insurer of which the Commissioner had taken possession pursuant to chapter 696B of NRS (conservation, rehabilitation, liquidation), except that no such provision shall be applicable which the Commissioner has declared inapplicable pursuant to this section. The Commissioner shall have power to declare inapplicable any such provision upon determination by the Commissioner that the same is inappropriate or unnecessary to protect the interests of the public or the stockholders or creditors of the organization, in view of the acute emergency and the nature of the organization.
Nev. Rev. Stat. § 695A.050 — NV Code / Title 57 / Chapter 695A / Section 695A.050
Organization: Preparation and contents of articles of incorporation
Status: in_force

Ten or more citizens of the United States, a majority of whom are citizens of this state, who desire to form a fraternal benefit society, may make, sign and acknowledge before some person competent to take acknowledgment of deeds, articles of incorporation, in which must be stated:

1. The proposed corporate name of the society, which must not so closely resemble the name of any society or insurer as to be misleading or confusing;

2. The purposes for which it is being formed, which must not include more liberal powers than are granted by this chapter;

3. The mode in which its corporate powers are to be exercised; and

4. The names and residences of the incorporators and the names, residences and official titles of all the officers, trustees, directors or other persons who are to have and exercise the general control of the management of the affairs and money of the society for the first year or until the ensuing election at which all officers must be elected by the supreme governing body, which election must be held not later than 1 year after the date of the issuance of the permanent certificate of authority.
Nev. Rev. Stat. § 680A.190 — NV Code / Title 57 / Chapter 680A / Section 680A.190
Refusal to continue or suspension or revocation of certificate of authority: Mandatory grounds; notice; hearing
Status: in_force

1. The Commissioner shall refuse to continue or shall suspend or revoke an insurer's certificate of authority: (a) If such action is required by any provision of this Code; (b) If it is a foreign insurer and it no longer meets the requirements for a certificate of authority, on account of deficiency of capital or surplus or otherwise; (c) If it is a domestic insurer and it has failed to cure an impairment of capital or surplus within the time allowed therefor by the Commissioner under this Code or is otherwise no longer qualified for the certificate of authority; (d) If the insurer's certificate of authority to transact insurance therein is suspended or revoked by its state of domicile, or state of entry into the United States of America if an alien insurer; (e) For failure of the insurer to pay taxes on its premiums if required by this Code; or (f) For failure of the insurer to furnish information to the Commissioner relating to medical malpractice insurance issued by the insurer in this State or any other state.

2. Except in case of insolvency, impairment of required capital or surplus, or suspension or revocation by another state, the Commissioner shall give the insurer at least 20 days' notice in advance of any such refusal, suspension or revocation under this section, and of the particulars of the reasons therefor. If the insurer requests a hearing thereon within those 20 days, the Commissioner's proposed action is automatically stayed until an order by the Commissioner is made after the hearing.
Nev. Rev. Stat. § 695A.020 — NV Code / Title 57 / Chapter 695A / Section 695A.020
“Lodge system” defined
Status: in_force

“ Lodge system ” means the system under which a society is operating if:

1. The society has a supreme governing body and subordinate lodges into which members are elected, initiated or admitted in accordance with its laws, ritual and rules; and

2. The subordinate lodges are required by the laws of the society to hold regular meetings at least once in each month.
Nev. Rev. Stat. § 689C.131 — NV Code / Title 57 / Chapter 689C / Section 689C.131
Contracts between carrier and providers of health care: Prohibiting carrier from charging provider of health care fee for inclusion on list of providers given to insureds; carrier required to use form to obtain information on provider of health care; modification; submission by carrier of schedule of payments to providers
Status: in_force

1. A carrier serving small employers and a carrier that offers a contract to a voluntary purchasing group shall not charge a provider of health care a fee to include the name of the provider on a list of providers of health care given by the carrier to its insureds.

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

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

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

5. As used in this section, “ provider of health care ” means a provider of health care who is licensed pursuant to chapter 630, 631, 632 or 633 of NRS .
Nev. Rev. Stat. § 695A.1867 — NV Code / Title 57 / Chapter 695A / Section 695A.1867
Coverage for medically necessary treatment of conditions relating to gender dysphoria and gender incongruence required; restriction on refusal to cover certain treatments; authority of society to prescribe requirements for covering surgical treatment for minors; determination of medical necessity
Status: in_force

1. Except as otherwise provided in this section, a society that issues a benefit contract shall include in the benefit contract coverage for the medically necessary treatment of conditions relating to gender dysphoria and gender incongruence. Such coverage must include coverage of medically necessary psychosocial and surgical intervention and any other medically necessary treatment for such disorders provided by: (a) Endocrinologists; (b) Pediatric endocrinologists; (c) Social workers; (d) Psychiatrists; (e) Psychologists; (f) Gynecologists; (g) Speech-language pathologists; (h) Primary care physicians; (i) Advanced practice registered nurses; (j) Physician assistants; and (k) Any other providers of medically necessary services for the treatment of gender dysphoria or gender incongruence.

2. This section does not require a benefit contract to include coverage for cosmetic surgery performed by a plastic surgeon or reconstructive surgeon that is not medically necessary.

3. A society that issues a benefit contract shall not categorically refuse to cover medically necessary gender-affirming treatments or procedures or revisions to prior treatments if the contract provides coverage for any such services, procedures or revisions for purposes other than gender transition or affirmation.

4. A society that issues a benefit contract may prescribe requirements that must be satisfied before the society covers surgical treatment of conditions relating to gender dysphoria or gender incongruence for an insured who is less than 18 years of age. Such requirements may include, without limitation, requirements that: (a) The treatment must be recommended by a psychologist, psychiatrist or other mental health professional; (b) The treatment must be recommended by a physician; (c) The insured must provide a written expression of the desire of the insured to undergo the treatment; (d) A written plan for treatment that covers at least 1 year must be developed and approved by at least two providers of health care; and (e) Parental consent is provided for the insured unless the insured is expressly authorized by law to consent on his or her own behalf.

5. When determining whether treatment is medically necessary for the purposes of this section, a society must consider the most recent Standards of Care published by the World Professional Association for Transgender Health, or its successor organization.

6. A society shall make a reasonable effort to ensure that the benefits required by subsection 1 are made available to an insured through a provider of health care who participates in the network plan of the society. If, after a reasonable effort, the society is unable to make such benefits available through such a provider of health care, the society may treat the treatment that the society is unable to make available through such a provider of health care in the same manner as other services provided by a provider of health care who does not participate in the network plan of the society.

7. If an insured appeals the denial of a claim or coverage under this section on the grounds that the treatment requested by the insured is not medically necessary, the society must consult with a provider of health care who has experience in prescribing or delivering gender-affirming treatment concerning the medical necessity of the treatment requested by the insured when considering the appeal.

8. A benefit contract subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after July 1, 2023, has the legal effect of including the coverage required by subsection 1, and any provision of the benefit contract or renewal which is in conflict with the provisions of this section is void.

9. As used in this section: (a) “ Cosmetic surgery ”: (1) Means a surgical procedure that: (I) Does not meaningfully promote the proper function of the body; (II) Does not prevent or treat illness or disease; and (III) Is primarily directed at improving the appearance of a person. (2) Includes, without limitation, cosmetic surgery directed at preserving beauty. (b) “ Gender dysphoria ” means distress or impairment in social, occupational or other areas of functioning caused by a marked difference between the gender identity or expression of a person and the sex assigned to the person at birth which lasts at least 6 months and is shown by at least two of the following: (1) A marked difference between gender identity or expression and primary or secondary sex characteristics or anticipated secondary sex characteristics in young adolescents. (2) A strong desire to be rid of primary or secondary sex characteristics because of a marked difference between such sex characteristics and gender identity or expression or a desire to prevent the development of anticipated secondary sex characteristics in young adolescents. (3) A strong desire for the primary or secondary sex characteristics of the gender opposite from the sex assigned at birth. (4) A strong desire to be of the opposite gender or a gender different from the sex assigned at birth. (5) A strong desire to be treated as the opposite gender or a gender different from the sex assigned at birth. (6) A strong conviction of experiencing typical feelings and reactions of the opposite gender or a gender different from the sex assigned at birth. (c) “ Medically necessary ” means health care services or products that a prudent provider of health care would provide to a patient to prevent, diagnose or treat an illness, injury or disease, or any symptoms thereof, that are necessary and: (1) Provided in accordance with generally accepted standards of medical practice; (2) Clinically appropriate with regard to type, frequency, extent, location and duration; (3) Not provided primarily for the convenience of the patient or provider of health care; (4) Required to improve a specific health condition of a patient or to preserve the existing state of health of the patient; and (5) The most clinically appropriate level of health care that may be safely provided to the patient. A provider of health care prescribing, ordering, recommending or approving a health care service or product does not, by itself, make that health care service or product medically necessary. (d) “ Network plan ” means a benefit contract offered by a society under which the financing and delivery of medical care, including items and services paid for as medical care, are provided, in whole or in part, through a defined set of providers under contract with the society. The term does not include an arrangement for the financing of premiums. (e) “ Provider of health care ” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 693A.580 — NV Code / Title 57 / Chapter 693A / Section 693A.580
Proposed plan of reorganization: Filing and contents; filing fee
Status: in_force

A domestic mutual insurer shall file with the Commissioner for review and approval a proposed plan of reorganization that has been approved by a vote of not less than two-thirds of the members of the board of directors of the domestic mutual insurer. The proposed plan of reorganization must be accompanied by a nonrefundable fee of $2,450. The plan of reorganization must include:

1. An analysis of the benefits and risks of the proposed reorganization, including, without limitation, the rationale and comparative benefits and risks of converting to a domestic stock insurer pursuant to NRS 693A.400 to 693A.540 , inclusive;

2. A statement of how the plan is fair and equitable to the policyholders;

3. Information sufficient to demonstrate that the financial condition of the mutual insurer will not be diminished upon reorganization;

4. Provisions to ensure immediate membership in the mutual insurance holding company for all existing policyholders of the mutual insurer;

5. Provisions for membership interests for future policyholders of the reorganized stock insurer;

6. Provisions to ensure that, in the event of proceedings for rehabilitation or liquidation involving a stock insurer subsidiary of the mutual insurance holding company, the assets of the mutual insurance holding company will be available to satisfy the obligations of the stock insurer subsidiary to policyholders;

7. Provisions for the periodic distribution of the accumulated earnings of the mutual insurance holding company;

8. Certified copies of the proposed articles of incorporation and bylaws of the mutual insurance holding company, intermediate stock holding company and reorganized stock insurer, or proposed amendments thereto as necessary to carry out the reorganization;

9. A certification that the plan of reorganization has been duly adopted by a vote of not less than two-thirds of the members of the board of directors of the mutual insurer;

10. A certification adopted by not less than two-thirds of the members of the board of directors of the mutual insurer that the plan of reorganization is fair and equitable to the policyholders;

11. The names, addresses and occupations of all persons who are or have been selected to become directors or officers of the mutual insurance holding company;

12. A description of the nature and content of the annual report and financial statement to be sent by the mutual insurance holding company to each policyholder;

13. The number of members of the board of directors of the mutual insurance holding company who are required to be policyholders;

14. A description of any plans for the initial sale of stock of the intermediate stock holding company or reorganized stock insurer;

15. A form of the proposed notice to be mailed by the mutual insurer to its policyholders as required by NRS 693A.595 ; and

16. Such additional information as the Commissioner may by regulation prescribe as necessary or appropriate for the protection of policyholders and security holders of the domestic mutual insurer or for the protection of the public interest.
Nev. Rev. Stat. § 687B.122 — NV Code / Title 57 / Chapter 687B / Section 687B.122
Readability of policies: Applicability of requirements
Status: in_force

1. The provisions of NRS 687B.122 to 687B.128 , inclusive: (a) Apply to all policies, certificates or contracts of life or health insurance, including credit insurance as defined in NRS 690A.015 , delivered or issued for delivery in this state, including policies, certificates or contracts issued by fraternal benefit societies and hospital, medical or dental service corporations, health maintenance organizations and other similar organizations, and certificates issued pursuant to a policy of group insurance delivered or issued for delivery in this state, except: (1) Any policy which is a security subject to federal jurisdiction; (2) Any policy covering the lives of a group of 1,000 or more persons as of its date of issuance, other than a group policy for credit insurance and any certificate issued pursuant to any group policy; (3) Any group annuity which serves to finance pension, profit-sharing or deferred compensation plans; or (4) Any form used in connection with, as a conversion from, as an addition to or in exchange for a policy delivered or issued for delivery on a form approved or permitted to be issued before July 1, 1983. (b) Are not intended to increase any risk assumed by an insurer. (c) Do not supersede the provisions of this title or other law applicable to the delivery or issuance of policies of insurance. (d) Are not intended to restrict or discourage the development of new policies and provisions. (e) Do not require standardization of forms for or provisions of policies.

2. Any policy written in a language other than English shall be deemed to comply with NRS 687B.124 if the insurer certifies that it is translated from a policy written in English which complies with that section.

3. The provisions of NRS 687B.122 to 687B.128 , inclusive, apply to renewals on or after July 1, 1983, of policies delivered or issued for delivery before that date.
Nev. Rev. Stat. § 687B.021 — NV Code / Title 57 / Chapter 687B / Section 687B.021
Signatures
Status: in_force

Unless otherwise provided by a specific statute, if a signature is required of any person, the person may provide as the signature of the person:

1. An original signature;

2. A facsimile signature; or

3. An electronic signature pursuant to the provisions of chapter 719 of NRS .
Nev. Rev. Stat. § 691C.420 — NV Code / Title 57 / Chapter 691C / Section 691C.420
Denial of claim because debtor ineligible for coverage or misrepresented material fact; refund
Status: in_force

A claim made pursuant to credit personal property insurance must not be denied more than 60 days after the initiation of coverage because the debtor was ineligible for coverage unless the debtor misrepresented a material fact. If a claim is denied within 60 days after the initiation of coverage because the debtor was ineligible for coverage or because the debtor misrepresented a material fact, the insurer shall refund to the debtor any premium paid and the creditor shall refund to the debtor any finance charge paid on the premium.
Nev. Rev. Stat. § 682A.404 — NV Code / Title 57 / Chapter 682A / Section 682A.404
Medium and lower grade investments
Status: in_force

1. An insurer shall not acquire, directly or indirectly through an investment subsidiary, an investment in accordance with the provisions of NRS 682A.408 , 682A.420 to 682A.428 , inclusive, or 682A.440 to 682A.448 , inclusive, or counterparty exposure in accordance with the provisions of NRS 682A.456 if, as a result of and after giving effect to the investment: (a) The aggregate amount of medium and lower grade investments held by the insurer would exceed 20 percent of its admitted assets; (b) The aggregate amount of lower grade investments held by the insurer would exceed 10 percent of its admitted assets; (c) The aggregate amount of investments rated 5 or 6 by the SVO held by the insurer would exceed 3 percent of its admitted assets; (d) The aggregate amount of investments rated 6 by the SVO held by the insurer would exceed 1 percent of its admitted assets; (e) The aggregate amount of medium and lower grade investments held by the insurer that receive as cash income less than the equivalent yield for United States Treasury issues with a comparative average life, would exceed 1 percent of its admitted assets; (f) The aggregate amount of medium and lower grade investments issued, assumed, guaranteed, accepted or insured by any one person or, as to asset-backed securities secured by or evidencing an interest in a single asset or pool of assets, held by the insurer would exceed 1 percent of its admitted assets; or (g) The aggregate amount of lower grade investments issued, assumed, guaranteed, accepted or insured by any one person or, as to asset-backed securities secured by or evidencing an interest in a single asset or pool of assets, held by the insurer would exceed 0.5 percent of its admitted assets.

2. If an insurer attains or exceeds the limit of any one rating category referred to in this section, the insurer is not precluded from acquiring investments in other rating categories subject to the specific and multicategory limits applicable to those investments.
Nev. Rev. Stat. § 694C.384 — NV Code / Title 57 / Chapter 694C / Section 694C.384
Security for branch operations
Status: in_force

1. As security for the payment of liabilities attributable to the branch operations of a branch captive insurer, the Commissioner shall require that a trust fund, funded by an irrevocable letter of credit or other acceptable asset, be established and maintained in the United States for the benefit of United States policyholders and ceding United States insurers under insurance policies or reinsurance contracts issued or assumed by the branch captive insurer through its branch operations.

2. The amount of the security must be not less than the total amount required by NRS 694C.250 , and any reserves on such insurance policies or reinsurance contracts, including reserves for losses, allocated loss adjustment expenses, incurred but not reported losses and unearned premiums with regard to business written through the branch operations. The Commissioner may authorize a branch captive insurer that is required to post security for loss reserves on branch business by its reinsurer to reduce the funds in the trust account required by this section by that same amount as long as the security remains posted with the reinsurer.

3. If the form of the security is a letter of credit, the letter of credit must be established, issued or confirmed by a bank chartered in this State or a bank that is a member of the Federal Reserve System.
Nev. Rev. Stat. § 695A.261 — NV Code / Title 57 / Chapter 695A / Section 695A.261
Benefit contract covering anatomical gifts, organ transplants or treatments or services related to organ transplants: Prohibited acts by society if insured is person with disability
Status: in_force

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

2. As used in this section: (a) “Anatomical gift” has the meaning ascribed to it in NRS 451.513 . (b) “Disability” has the meaning ascribed to it in 42 U.S.C. § 12102(1) . (c) “Provider of medical or related services” has the meaning ascribed to it in NRS 460.160 .
Nev. Rev. Stat. § 695C.1745 — NV Code / Title 57 / Chapter 695C / Section 695C.1745
Required provision concerning coverage for certain tests and vaccines relating to human papillomavirus; prohibited acts
Status: in_force

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

2. A health maintenance organization must 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. Except as otherwise provided in subsection 5, a health maintenance organization that offers or issues a health care plan shall not: (a) Require an enrollee to pay a higher deductible, any copayment or coinsurance or require a longer waiting period or other condition to obtain any benefit provided in the health care plan pursuant to subsection 1; (b) Refuse to issue a health care plan or cancel a health care plan solely because the person applying for or covered by the plan uses or may use any such benefit; (c) Offer or pay any type of material inducement or financial incentive to an enrollee to discourage the enrollee from obtaining any such benefit; (d) Penalize a provider of health care who provides any such benefit to an enrollee, 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 enrollee; or (f) Impose any other restrictions or delays on the access of an enrollee to any such benefit.

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

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

6. As used in this section: (a) “ Human papillomavirus vaccine ” means the Quadrivalent Human Papillomavirus Recombinant Vaccine or its successor which is approved by the Food and Drug Administration for the prevention of human papillomavirus infection and cervical cancer. (b) “ Medical management technique ” means a practice which is used to control the cost or utilization of health care services or prescription drug use. The term includes, without limitation, the use of step therapy, prior authorization or categorizing drugs and devices based on cost, type or method of administration. (c) “ Network plan ” means a health 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. (d) “Provider of health care” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 691C.270 — NV Code / Title 57 / Chapter 691C / Section 691C.270
Insurer prohibited from requiring bundling of other credit insurance coverage with purchase of credit personal property insurance or using gross debt to determine premiums
Status: in_force

1. An insurer shall not: (a) Require the bundling of other credit insurance coverage with the purchase of credit personal property insurance; and (b) Use gross debt in any manner to determine the premiums for credit personal property insurance.

2. A debtor must have a choice to purchase credit personal property insurance separately from other credit insurance coverage.
Nev. Rev. Stat. § 687B.690 — NV Code / Title 57 / Chapter 687B / Section 687B.690
Required provisions in contract between participating provider of health care and health carrier
Status: in_force

Each contract entered into for the purposes of a network plan between a participating provider of health care and the health carrier must include, without limitation, a provision which is substantially similar to the following:

Provider of health care agrees that in no event, including but not limited to, nonpayment by the health carrier or intermediary, insolvency of the health carrier or intermediary or breach of this agreement, shall the provider of health care bill, charge, collect a deposit from, seek compensation, remuneration or reimbursement from, or have any recourse against, a covered person or a person (other than the health carrier or intermediary) acting on behalf of the covered person for health care services provided pursuant to this agreement. This agreement does not prohibit the provider of health care from collecting coinsurance, deductibles or copayments, as specifically provided in the evidence of coverage, or fees for uncovered services delivered on a fee-for-service basis to covered persons. This agreement does not prohibit a provider of health care (except for a provider of health care who is employed full-time on the staff of the health carrier and has agreed to provide health care services exclusively to the health carrier's covered persons and no others) and a covered person from agreeing to continue health care services solely at the expense of the covered person, as long as the provider of health care has clearly informed the covered person that the health carrier may not cover or continue to cover a specific health care service or health care services. Except as provided herein, this agreement does not prohibit the provider of health care from pursuing any available legal remedy.
Nev. Rev. Stat. § 692C.3526 — NV Code / Title 57 / Chapter 692C / Section 692C.3526
Waiver of requirements: Application by nonexempt insurer; granting
Status: in_force

An insurer that does not qualify for an exemption pursuant to NRS 692C.352 may apply to the Commissioner for a waiver from the requirements of NRS 692C.351 to 692C.3548 , inclusive, based on unique circumstances. In deciding whether to grant the insurer's request for a waiver, the Commissioner may consider the type and volume of business written, ownership and organizational structure, and any other factor the Commissioner considers relevant to the insurer or insurance group of which the insurer is a member. If the insurer is part of an insurance group with insurers domiciled in more than one state, the Commissioner shall coordinate with the lead state commissioner and with the other domiciliary commissioners in considering whether to grant the insurer's request for a waiver.
Nev. Rev. Stat. § 687B.730 — NV Code / Title 57 / Chapter 687B / Section 687B.730
Health carrier required to notify participating provider of health care of administrative policies and programs of carrier
Status: in_force

A health carrier which offers or issues a network plan shall notify each participating provider of health care in the network of the responsibilities of the participating provider of health care with respect to any applicable administrative policies and programs of the health carrier including, without limitation, any applicable administrative policies and programs concerning:

1. Terms of payment;

2. Utilization review;

3. Quality assessment and improvement;

4. Credentialing;

5. Procedures for grievances and appeals;

6. Requirements for data reporting;

7. Requirements for timely notice to the health carrier of changes in the practices of the participating provider of health care, such as discontinuance of accepting new patients;

8. Requirements for confidentiality; and

9. Any applicable federal or state programs.
Nev. Rev. Stat. § 689C.320 — NV Code / Title 57 / Chapter 689C / Section 689C.320
Required notification when carrier discontinues transacting insurance in this State or particular geographic service area of state; restrictions on carrier that discontinues transacting insurance
Status: in_force

1. A carrier that discontinues transacting insurance in this State or in a particular geographic service area of this State shall: (a) Notify the Commissioner and the chief regulatory officer for insurance in each state in which the carrier is licensed to transact insurance at least 60 days before a notice of cancellation or nonrenewal is delivered or mailed to the affected small employers pursuant to paragraph (b). (b) Notify the Commissioner and each small employer affected not less than 180 days before the expiration of any policy or contract of insurance under any health benefit plan issued to a small employer pursuant to this chapter.

2. A carrier that cancels any health benefit plan because it has discontinued transacting insurance in this State or in a particular geographic service area of this State: (a) Shall discontinue the issuance and delivery for issuance of all health benefit plans pursuant to this chapter in this State and not renew coverage under any health benefit plan issued to a small employer; and (b) May not issue any health benefit plans pursuant to this chapter in this State or in the particular geographic service area for 5 years after it gives notice to the Commissioner pursuant to paragraph (b) of subsection 1.
Nev. Rev. Stat. § 689B.0316 — NV Code / Title 57 / Chapter 689B / Section 689B.0316
Required provision concerning coverage for testing, treatment and prevention of sexually transmitted diseases; required provision concerning coverage for condoms for certain insureds
Status: in_force

1. An insurer that offers or issues a policy of group health insurance shall include in the policy: (a) Coverage of testing for and the treatment of and prevention of sexually transmitted diseases, including, without limitation, Chlamydia trachomatis , gonorrhea, syphilis, human immunodeficiency virus and hepatitis B and C, for all insureds, regardless of age. Such coverage must include, without limitation, the coverage required by NRS 689B.0312 and 689B.0315 . (b) Unrestricted coverage of condoms for insureds who are 13 years of age or older.

2. A policy of group health insurance subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 2024, has the legal effect of including the coverage required by subsection 1, and any provision of the policy that conflicts with the provisions of this section is void.
Nev. Rev. Stat. § 689B.0362 — NV Code / Title 57 / Chapter 689B / Section 689B.0362
Policy covering treatment of cancer through use of chemotherapy: Prohibited acts related to orally administered chemotherapy
Status: in_force

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

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

3. Nothing in this section shall be construed as requiring an insurer to provide coverage for the treatment of cancer through the use of chemotherapy administered by injection or intravenously or administered orally by means of a prescription drug.
Nev. Rev. Stat. § 695B.240 — NV Code / Title 57 / Chapter 695B / Section 695B.240
Provision of group service coverage before approval of forms
Status: in_force

1. A corporation subject to the provisions of this chapter is permitted to provide group hospital or group medical or dental service coverage prior to the approval of the form of the contract or certificate if all the conditions of subsection 2 of this section are met prior thereto and if thereafter it acts as required by subsection 3.

2. The conditions referred to in subsection 1 are that: (a) The group is one eligible for coverage pursuant to the provisions of this chapter. (b) An executed memorandum has been or is concurrently delivered to the subscriber containing a provision that unless a group hospital or group medical or dental service certificate, the form of which has been approved by the Commissioner, which is issued under a group hospital or group medical or dental service contract the form of which has been approved by the Commissioner, and which embodies the coverage, has been issued and delivered to the subscriber within 90 days after the date on which the coverage is provided or agreed to be provided, the coverage provided pursuant to such memorandum terminates 120 days after such date. The memorandum shall contain a specification in either complete or summary form of: (1) The class or classes of employees eligible for coverage. (2) The benefits to be provided. (3) The exceptions and reductions to such benefits, if any.

3. A corporation subject to the provisions of this chapter providing coverage pursuant to this section shall: (a) Within 60 days after the date on which the coverage is provided or agreed to be provided, submit to the Commissioner for approval a form of a group hospital or group medical or dental service contract, and a form of a certificate of individual coverage, drafted to provide the coverage provided by such memorandum and to meet all requirements of law. (b) Make such revisions in the contract and certificate submitted as the Commissioner may lawfully require. (c) Terminate such coverage in accordance with the provisions of paragraph (b) of subsection 2 of this section if approval of such contract and certificate is not secured within the time specified therein.
Nev. Rev. Stat. § 686A.240 — NV Code / Title 57 / Chapter 686A / Section 686A.240
Favoritism to groups prohibited; exceptions
Status: in_force

1. No form or plan of insurance covering any group or combination of persons or risks shall be written or delivered within or outside this state to cover persons or risks in this state at any preferred rate or on any form other than as offered to persons not in such group or combination and to the public generally, unless such form, plan of insurance, and the rates or premiums to be charged therefor have been submitted to and approved by the Commissioner.

2. Any such plan of insurance described in subsection 1 shall not be approved by the Commissioner unless it is made available to all individuals of the group who seek to be insured. No insurer or agent shall deny coverage to any individual of such group who seeks the type of insurance which is being made available to other members of the group.

3. This section does not apply to life insurance, health insurance, annuity contracts or wet marine and transportation insurance.
Nev. Rev. Stat. § 693B.090 — NV Code / Title 57 / Chapter 693B / Section 693B.090
Acting directors: Powers; compensation
Status: in_force

Acting directors elected pursuant to the provisions of NRS 693B.060 , or appointed pursuant to the provisions of NRS 693B.110 , shall be entitled to notice of and to vote at all meetings of an emergency board of directors equally with directors. Acting directors shall not be entitled to take part in the deliberations or to vote at any meeting of the board which is duly convened in accordance with the applicable provisions of its charter and of law other than this chapter, and at which a quorum is present. Each acting director shall serve until the director or acting director in whose place he or she was elected or appointed attends a meeting of the board or until a director is duly elected to fill the vacancy in which such acting director has been serving, whichever event occurs earlier. An acting director shall be entitled to the compensation, if any, payable to a director.
Nev. Rev. Stat. § 679B.287 — NV Code / Title 57 / Chapter 679B / Section 679B.287
Limitations on actions and liability for communicating or delivering information or data pursuant to examination; Commissioner, representatives and examiners entitled to attorney's fees and costs in certain tort actions
Status: in_force

1. No cause of action arises, nor may any liability be imposed against any person for the act of communicating or delivering information or data to the Commissioner or any authorized representative or examiner of the Commissioner pursuant to an examination made under this chapter, if the act of communication or delivery was performed in good faith and without fraudulent intent, the intent to deceive or gross negligence.

2. The Commissioner, his or her authorized representative or any examiner appointed by the Commissioner is entitled to an award of attorney's fees and costs if he or she is the prevailing party in a civil cause of action for libel, slander or any other relevant tort arising out of activities in carrying out the provisions of NRS 679B.230 to 679B.300 , inclusive, and the party bringing the action was not substantially justified in doing so. For the purposes of this subsection, an action is “substantially justified” if it had a reasonable basis in law or fact at the time that it was brought.
Nev. Rev. Stat. § 688C.170 — NV Code / Title 57 / Chapter 688C / Section 688C.170
Regulations
Status: in_force

The Commissioner may adopt regulations to:

1. Establish standards for evaluating the reasonableness of payments under viatical settlements to persons chronically or terminally ill, including the regulation of the rates of discount used to determine the amount paid in exchange for an assignment, transfer, sale or devise of a benefit under a policy.

2. Require a bond or otherwise ensure financial accountability of providers and brokers of viatical settlements.

3. Govern the relationship of insurers with providers and brokers of viatical settlements during the viatication of a policy.

4. Establish standards and requirements for licensing and registering producers of insurance acting as brokers of viatical settlements.
Nev. Rev. Stat. § 688A.300 — NV Code / Title 57 / Chapter 688A / Section 688A.300
Cash surrender value: Basic calculations
Status: in_force

1. Any cash surrender value available under the policy in the event of default in a premium payment due on any policy anniversary, whether or not required by NRS 688A.290 , must be an amount not less than the excess, if any, of the present value, on that anniversary, of the future guaranteed benefits which would have been provided for by the policy, including any existing paid-up additions, if there had been no default, over the sum of: (a) The then present value of the adjusted premiums, as defined in NRS 688A.320 to 688A.340 , inclusive, corresponding to premiums which would have fallen due on and after such anniversary; and (b) The amount of any indebtedness to the insurer on the policy.

2. For any policy issued on or after the operative date of NRS 688A.325 which provides supplemental life insurance or annuity benefits at the option of the insured and for an identifiable additional premium by rider or supplemental policy provision, the cash surrender value referred to in subsection 1 of this section must be an amount not less than the sum of the cash surrender value for an otherwise similar policy issued at the same age without a rider or supplemental policy provision and the cash surrender value for a policy which provides only the benefits otherwise provided by a rider or supplemental policy provision.

3. For any family policy issued on or after the operative date of NRS 688A.325 which defines a primary insured and provides term insurance on the life of the spouse of the primary insured expiring before the spouse reaches age 71, the cash surrender value referred to in subsection 1 must be an amount not less than the sum of the cash surrender value for an otherwise similar policy issued at the same age without term insurance on the life of the spouse and the cash surrender value for a policy which provides only the benefits otherwise provided by term insurance on the life of the spouse.

4. Any cash surrender value available within 30 days after any policy anniversary under any policy paid up by completion of all premium payments or any policy continued under any paid-up nonforfeiture benefit, whether or not required by NRS 688A.290 , must be an amount not less than the present value, on that anniversary, of the future guaranteed benefits provided for by the policy, including any existing paid-up additions, decreased by any indebtedness to the insurer on the policy.
Nev. Rev. Stat. § 681A.212 — NV Code / Title 57 / Chapter 681A / Section 681A.212
Practice of prompt payment of claims required to be maintained by assuming insurer; criteria evidencing lack of prompt payment
Status: in_force

The assuming insurer must maintain a practice of prompt payment of claims under reinsurance agreements. The lack of prompt payment will be evidenced if any of the following criteria is met:

1. More than 15 percent of the reinsurance recoverables from the assuming insurer are overdue and in dispute as reported to the Commissioner;

2. More than 15 percent of the assuming insurer's ceding insurers or reinsurers have overdue reinsurance recoverable on paid losses of 90 days or more which are not in dispute and which exceed for each ceding insurer $100,000, unless otherwise specified in an applicable covered agreement; or

3. The aggregate amount of reinsurance recoverable on paid losses which are not in dispute, but are overdue by 90 days or more, exceeds $50,000,000, unless otherwise specified in an applicable covered agreement.
Nev. Rev. Stat. § 685B.070 — NV Code / Title 57 / Chapter 685B / Section 685B.070
Enforcement of foreign decrees
Status: in_force

1. As used in this section: (a) “Foreign decree” means any decree or order in equity of a court located in a reciprocal state, including a court of the United States located therein, against any insurer incorporated or authorized to do business in this State. (b) “Qualified party” means a state regulatory agency acting in its capacity to enforce the insurance laws of its state. (c) “Reciprocal state” means any state or territory of the United States the laws of which contain procedures substantially similar to those specified in this section for the enforcement of decrees or orders in equity issued by courts located in other states or territories of the United States, against any insurer incorporated or authorized to do business in such state or territory.

2. The Attorney General upon request of the Commissioner may proceed in the courts of this State or any reciprocal state to enforce an order or decision in any court proceeding or in any administrative proceeding before the Commissioner.

3. The Commissioner shall determine which states and territories qualify as reciprocal states and shall maintain at all times an up-to-date list of such states.

4. A copy of any foreign decree authenticated in accordance with federal statutes may be filed in the office of the clerk of any district court of this State. The clerk, upon verifying with the Commissioner that the decree or order qualified as a foreign decree shall treat the foreign decree in the same manner as a decree of a district court of this State. A foreign decree so filed has the same effect and shall be deemed as a decree of a district court of this State, and is subject to the same procedures, defenses and proceedings for reopening, vacating or staying as a decree of a district court of this State and may be enforced or satisfied in like manner.

5. At the time of the filing of the foreign decree, the Attorney General shall make and file with the clerk of the court an affidavit setting forth the name and last known post office address of the defendant. Promptly upon the filing of the foreign decree and the affidavit, the clerk shall mail notice of the filing of the foreign decree to the defendant at the address given and to the Commissioner and shall make a note of the mailing in the docket. In addition, the Attorney General may mail a notice of the filing of the foreign decree to the defendant and to the Commissioner and may file proof of mailing with the clerk. Lack of mailing notice of filing by the clerk shall not affect the enforcement proceedings if proof of mailing by the Attorney General has been filed. No execution or other process for enforcement of a foreign decree filing under this section shall issue until 30 days after the date the decree is filed.

6. If the defendant shows the district court: (a) That an appeal from the foreign decree is pending or will be taken, or that a stay of execution has been granted, the court shall stay enforcement of the foreign decree until the appeal is concluded, the time for appeal expires or the stay of execution expires or is vacated upon proof that the defendant has furnished the security for the satisfaction of the decree required by the state in which it was rendered. (b) Any ground upon which enforcement of a decree of any district court of this State would be stayed, the court shall stay enforcement of the foreign decree for an appropriate period, upon requiring the same security for satisfaction of the decree which is required in this State.

7. Any person filing a foreign decree shall pay to the clerk of the court $35. Fees for docketing, transcription or other enforcement proceedings shall be the same as are provided for decrees of the district court.
Nev. Rev. Stat. § 693A.080 — NV Code / Title 57 / Chapter 693A / Section 693A.080
Information to stockholders and regulation of proxies: Scope of provisions; rules and regulations
Status: in_force

1. This section and NRS 693A.090 and 693A.100 apply to all domestic stock insurers except: (a) A domestic stock insurer having of record less than 100 holders of any class of equity securities; but if 95 percent or more of the insurer's equity securities are owned or controlled by a parent or an affiliated insurer, this section and NRS 693A.090 and 693A.100 do not apply to such insurer unless its remaining securities are held of record by 500 or more persons; and (b) Domestic stock insurers which, relative to the voting or other securities involved, file with the Securities and Exchange Commission forms of proxies, consents and authorizations pursuant to the Securities Exchange Act of 1934, 1 as amended.

2. The Commissioner shall have authority to make and promulgate reasonable rules and regulations for the effectuation of this section and NRS 693A.090 and 693A.100 , and in so doing shall give due consideration to rules and regulations promulgated for similar purposes by the insurance supervisory officers of other states.

1 15 USCA § 78a et seq.
Nev. Rev. Stat. § 695D.260 — NV Code / Title 57 / Chapter 695D / Section 695D.260
Annual report; financial statement; quarterly statement; administrative penalty for failure to file timely report or statement; extension of time; payment of premium tax and filing fee
Status: in_force

1. Every organization for dental care shall file with the Commissioner on or before March 1 of each year a report covering its activities for the preceding calendar year. The report must be verified by at least two officers of the organization.

2. The report must be on a form 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 given in the previous report. (c) The number of members enrolled in that year, the number of members whose coverage has been terminated in that year and the total number of members at the end of the year. (d) The costs of all goods, services and dental care provided that year. (e) Any other information relating to the plan for dental care requested by the Commissioner.

3. Every organization for dental care shall file with the Commissioner annually an audited financial statement in accordance with the provisions of subsection 1 of NRS 680A.265 .

4. Every organization for dental care 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.

7. The organization shall pay the Department of Taxation the annual tax, any penalty for nonpayment or delinquent payment of the tax imposed in chapter 680B of NRS , and a filing fee of $25 to the Commissioner, at the time the annual report is filed.
Nev. Rev. Stat. § 689A.075 — NV Code / Title 57 / Chapter 689A / Section 689A.075
Cancellation and rescission of short-term limited duration medical plan
Status: in_force

1. A short-term limited duration medical plan shall not be cancelled by the carrier during the coverage period except for the following: (a) Nonpayment of premium; (b) Violation of published policies of the carrier approved by the Commissioner; (c) Failure of a member to pay any deductible or copayment amount owed to the carrier and not the provider of health care services; (d) Members committing fraudulent acts as to the carrier; (e) A member's material breach of the medical plan; or (f) Change or implementation of federal or state laws that no longer permit the continued offering of such coverage.

2. Except as otherwise provided in subsections 3 and 4, a short-term limited duration medical plan must not be rescinded by the carrier during the coverage period except for nonpayment of premium.

3. Except as provided in subsection 4 of this section, no oral or written misrepresentation or warranty made by the person applying for coverage or on his or her behalf in the process of applying for a short-term limited duration medical plan shall be deemed material or allow the carrier to rescind the medical plan, unless the misrepresentation or warranty is made to deceive.

4. In any application for a short-term limited duration medical plan made in writing by a person, all statements in the application by the person shall, in the absence of fraud, be deemed representations and not warranties. The falsity of any such statement shall not bar the right to recovery under the contract unless such false statement was made with actual intent to deceive or unless it materially affected either the acceptance of the risk or the hazard assumed by the carrier.

5. When cancellation or rescission is for nonpayment of premium, the carrier must notify the member in writing 10 days prior to the cancellation or rescission that his or her short-term limited duration medical plan will be cancelled, unless payment is made prior to the cancellation date. When cancellation is for any other reason allowed under subsection 1, the carrier must notify the member in writing 20 days prior to the cancellation date. The notice must specifically state the reason or reasons for the cancellation. The written communications required by this subsection must be phrased in simple language that is readily understood.
Nev. Rev. Stat. § 689A.740 — NV Code / Title 57 / Chapter 689A / Section 689A.740
Regulations
Status: in_force

The Commissioner shall adopt regulations as necessary to carry out the provisions of NRS 689A.470 to 689A.740 , inclusive.
Nev. Rev. Stat. § 692A.060 — NV Code / Title 57 / Chapter 692A / Section 692A.060
“Revised Statutes Title agent” defined
Status: in_force

“ Title agent ” is a person, firm or corporation appointed by a title insurer to solicit applications for insurance or to negotiate for title insurance contracts on its behalf, and if authorized to do so by the insurer, to prepare and countersign title insurance policies and contracts.
Nev. Rev. Stat. § 681B.240 — NV Code / Title 57 / Chapter 681B / Section 681B.240
Requirements for opinion; applicability
Status: in_force

1. Every opinion must: (a) Be submitted with the annual statement reflecting the valuation of reserve liabilities for each year ending on or after December 31, 1996. (b) Apply to all business in force including, without limitation, individual and group health insurance plans, in form and substance acceptable to the Commissioner as specified by regulation. (c) Be based on standards adopted from time to time by the Actuarial Standards Board or a successor organization approved by the Commissioner and on such additional standards as the Commissioner may by regulation prescribe.

2. In the case of an opinion required to be submitted by a foreign or alien company, the Commissioner may accept the opinion filed by that company with the commissioner of insurance of another state if the Commissioner determines that the opinion reasonably meets the requirements applicable to an insurer domiciled in this state.

3. Except as otherwise provided in NRS 681B.310 , the provisions of this section apply only before the operative date of the Valuation Manual .
Nev. Rev. Stat. § 687B.145 — NV Code / Title 57 / Chapter 687B / Section 687B.145
Provisions in policies of casualty insurance: Proration of recovery or benefits; uninsured and underinsured vehicle coverage; coverage for medical expenses; insurer not entitled to subrogation upon payment made because of underinsured vehicle coverage
Status: in_force

1. Any policy of insurance or endorsement providing coverage under the provisions of NRS 690B.020 or other policy of casualty insurance may provide that if the insured has coverage available to the insured under more than one policy or provision of coverage, any recovery or benefits may equal but not exceed the higher of the applicable limits of the respective coverages, and the recovery or benefits must be prorated between the applicable coverages in the proportion that their respective limits bear to the aggregate of their limits. Any provision which limits benefits pursuant to this section must be in clear language and be prominently displayed in the policy, binder or endorsement. Any limiting provision is void if the named insured has purchased separate coverage on the same risk and has paid a premium calculated for full reimbursement under that coverage.

2. Except as otherwise provided in subsection 5, insurance companies transacting motor vehicle insurance in this State must offer, on a form approved by the Commissioner, uninsured and underinsured vehicle coverage in an amount equal to the limits of coverage for bodily injury sold to an insured under a policy of insurance covering the use of a passenger car or motorcycle. The insurer is not required to reoffer the coverage to the insured in any replacement, reinstatement, substitute or amended policy, but the insured may purchase the coverage by requesting it in writing from the insurer. Each renewal must include a copy of the form offering such coverage. Uninsured and underinsured vehicle coverage must include a provision which enables the insured to recover up to the limits of the insured's own coverage any amount of damages for bodily injury from the insured's insurer which the insured is legally entitled to recover from the owner or operator of the other vehicle to the extent that those damages exceed the limits of the coverage for bodily injury carried by that owner or operator. If an insured suffers actual damages subject to the limitation of liability provided pursuant to NRS 41.035 , underinsured vehicle coverage must include a provision which enables the insured to recover up to the limits of the insured's own coverage any amount of damages for bodily injury from the insured's insurer for the actual damages suffered by the insured that exceed that limitation of liability.

3. An insurance company transacting motor vehicle insurance in this State must offer an insured under a policy covering the use of a passenger car or motorcycle, the option of purchasing coverage in an amount of at least $1,000 for the payment of reasonable and necessary medical expenses resulting from a crash. The offer must be made on a form approved by the Commissioner. The insurer is not required to reoffer the coverage to the insured in any replacement, reinstatement, substitute or amended policy, but the insured may purchase the coverage by requesting it in writing from the insurer. Each renewal must include a copy of the form offering such coverage.

4. An insurer who makes a payment to an injured person on account of underinsured vehicle coverage as described in subsection 2 is not entitled to subrogation against the underinsured motorist who is liable for damages to the injured payee. This subsection does not affect the right or remedy of an insurer under subsection 5 of NRS 690B.020 with respect to uninsured vehicle coverage. As used in this subsection, “ damages ” means the amount for which the underinsured motorist is alleged to be liable to the claimant in excess of the limits of bodily injury coverage set by the underinsured motorist's policy of casualty insurance.

5. An insurer need not offer, provide or make available uninsured or underinsured vehicle coverage in connection with a general commercial liability policy, an excess policy, an umbrella policy or other policy that does not provide primary motor vehicle insurance for liabilities arising out of the ownership, maintenance, operation or use of a specifically insured motor vehicle.

6. As used in this section: (a) “ Excess policy ” means a policy that protects a person against loss in excess of a stated amount or in excess of coverage provided pursuant to another insurance contract. (b) “Motorcycle” has the meaning ascribed to it in NRS 482.070 . (c) “Passenger car” has the meaning ascribed to it in NRS 482.087 . (d) “ Umbrella policy ” means a policy that protects a person against losses in excess of the underlying amount required to be covered by other policies.
Nev. Rev. Stat. § 695B.1923 — NV Code / Title 57 / Chapter 695B / Section 695B.1923
Required provision concerning coverage for treatment of certain inherited metabolic diseases
Status: in_force

1. A contract for hospital or medical service 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 contract was purchased.

3. A contract 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 contract 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. § 695B.183 — NV Code / Title 57 / Chapter 695B / Section 695B.183
Insurer required to offer and issue plan regardless of health status of persons; prohibited acts; authority to include wellness program in plan that offers discounts based on health status under certain circumstances
Status: in_force

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

2. An insurer 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. An insurer 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. An insurer 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 insurer ensures that the full discount under the wellness program is available to all similarly situated insureds by providing a reasonable alternative standard by which an insured may qualify for the discount which, if based on health status, must accommodate the recommendations of the physician of the insured; and (e) The plan discloses in all plan materials describing the terms of the wellness program, and in any disclosure that an insured did not satisfy the initial standard to be eligible for the discount, the availability of a reasonable alternative standard described in paragraph (d).

5. As used in this section, “health benefit plan” has the meaning ascribed to it in NRS 687B.470 .
Nev. Rev. Stat. § 695F.220 — NV Code / Title 57 / Chapter 695F / Section 695F.220
Contract between organization and provider or subcontractor for provision of services to enrollees: Required terms and conditions
Status: in_force

Each contract between a prepaid limited health service organization and a provider or other person subcontracting for the provision of a limited health service to enrollees on a prepayment basis or any other basis must contain the following terms and conditions:

1. If the prepaid limited health service organization fails to pay for a limited health service for any reason, including, but not limited to, insolvency or breach of this contract, the enrollees are not liable to the provider for any money owed to the provider pursuant to this contract.

2. A provider, agent, trustee or assignee thereof may not maintain an action at law or attempt to collect from an enrollee any money which the prepaid limited health service organization owes to the provider.

3. These provisions do not prohibit the collection of any uncovered charges which an enrollee agreed to pay or the collection of any copayment from an enrollee.

4. These provisions survive the termination of this contract, regardless of the reason for the termination.

5. The termination of this contract does not release the provider from its obligation to complete any procedure on an enrollee who is receiving treatment for a specific condition for a period not to exceed 60 days, at the same schedule of copayment or any other applicable charge in effect when this contract is terminated.

6. Any amendment to the provisions of this contract must be submitted to the Commissioner for approval before the amendment is effective.
Nev. Rev. Stat. § 688A.050 — NV Code / Title 57 / Chapter 688A / Section 688A.050
Payment of premiums
Status: in_force

There shall be a provision relating to the time and place of payment of premiums.
Nev. Rev. Stat. § 688C.230 — NV Code / Title 57 / Chapter 688C / Section 688C.230
Filing by licensee of annual statement; confidentiality of information; authorized disclosure of identity of insured; regulations
Status: in_force

1. Each licensee under this chapter shall file with the Commissioner on or before March 1 of each year an annual statement containing such information as the Commissioner prescribes by regulation. Pursuant to subsection 7 of NRS 679B.190 , the Commissioner shall classify as confidential any information received pursuant to this subsection that is: (a) Data of individual transactions in the business of viatical settlements; or (b) Data that could compromise the privacy of personal, financial or health information of a viator or insured.

2. Except as allowed or required by a statute other than this chapter, a provider or broker of viatical settlements, an investment agent, an insurer, a producer of insurance, an information bureau, a rating agency or any other person knowing the identity of an insured shall not disclose that identity as an insured to any other person unless the disclosure is: (a) Necessary to effect a viatical settlement between the viator and a provider of viatical settlements and the viator and the insured have given prior written consent to the disclosure; (b) Necessary to effect an agreement for the purchase of a viatical settlement between the purchaser and a provider of viatical settlements, and the viator and the insured have given prior written consent to the disclosure; (c) Furnished in response to an investigation or examination by the Commissioner or another governmental officer or agency; (d) A term of or condition to the transfer of a policy by one provider of viatical settlements to another provider; or (e) Necessary to permit a financing agent to finance the purchase of a policy by a provider of viatical settlements and the insured has given prior written consent to the disclosure.
Nev. Rev. Stat. § 681A.240 — NV Code / Title 57 / Chapter 681A / Section 681A.240
Requirements for reduction from liability when assuming insurer does not meet certain requirements concerning risk-based capital
Status: in_force

A reduction from liability for the reinsurance ceded by a domestic insurer to an assuming insurer not meeting the requirements of NRS 681A.110 or the regulations of the Commissioner concerning risk-based capital must be allowed in an amount not exceeding the liabilities carried by the ceding insurer and the reduction must be in the amount of assets held by or on behalf of the ceding insurer, including assets held in trust for the ceding insurer, under a contract of reinsurance with the assuming insurer as security for the payment of obligations thereunder, if the security is held in the United States subject to withdrawal solely by, and under the exclusive control of, the ceding insurer, or, in the case of a trust, held in a qualified financial institution in the United States. The security may be in any of the following forms:

1. Cash.

2. Securities listed by the Securities Valuation Office of the National Association of Insurance Commissioners and qualifying as admitted assets.

3. Irrevocable, unconditional letters of credit, each issued or confirmed by a qualified financial institution in the United States whose letters of credit are acceptable to the Commissioner, no later than December 31 of the year for which filing is made, and in the possession of the ceding company on or before the date of filing its annual statement. A letter of credit meeting applicable standards of acceptability of its issuer as of the date of its issuance or confirmation, notwithstanding the issuing or confirming institution's subsequent failure to meet applicable standards of acceptability, continues to be acceptable as security until its expiration, extension, renewal, modification or amendment, whichever first occurs.

4. Any other form of security acceptable to the Commissioner.
Nev. Rev. Stat. § 689C.195 — NV Code / Title 57 / Chapter 689C / Section 689C.195
Coverage for services provided through telehealth required to same extent as though provided in person or by other means; reimbursement for certain services provided through telehealth required in same amount as though provided in person or by other means; prohibited acts
Status: in_force

1. A health benefit plan must include coverage for services provided to an insured through telehealth to the same extent as though provided in person or by other means.

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

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

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

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

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

7. As used in this section: (a) “Distant site” has the meaning ascribed to it in NRS 629.515 . (b) “Federally-qualified health center” has the meaning ascribed to it in 42 U.S.C. § 1396d(l)(2)(B) . (c) “Originating site” has the meaning ascribed to it in NRS 629.515 . (d) “Provider of health care” has the meaning ascribed to it in NRS 439.820 . (e) “Rural health clinic” has the meaning ascribed to it in 42 U.S.C. § 1395x(aa)(2) . (f) “Telehealth” has the meaning ascribed to it in NRS 629.515 .
Nev. Rev. Stat. § 681B.0036 — NV Code / Title 57 / Chapter 681B / Section 681B.0036
“Deposit-type contract” defined
Status: in_force

“ Deposit-type contract ” means a contract that does not incorporate mortality or morbidity risks, and as may further be specified in the Valuation Manual .
Nev. Rev. Stat. § 692C.296 — NV Code / Title 57 / Chapter 692C / Section 692C.296
Group capital calculation: Recognition and acceptance
Status: in_force

1. A non-United States jurisdiction is considered to recognize and accept the group capital calculation if it satisfies the following criteria: (a) With respect to paragraph (d) of subsection 3 of NRS 692C.290 : (1) The non-United States jurisdiction recognizes the United States's state regulatory approach to group supervision and group capital, by providing confirmation by a competent regulatory authority, in such jurisdiction, that insurers and insurance groups whose lead state is accredited by the NAIC under the NAIC Accreditation Program shall be subject only to worldwide prudential insurance group supervision including worldwide group governance, solvency and capital, and reporting, as applicable, by the lead state and will not be subject to group supervision, including, without limitation, worldwide group governance, solvency and capital, and reporting, at the level of the worldwide parent undertaking of the insurance or reinsurance group by the non-United States jurisdiction; or (2) If no United States insurance groups operate in the non-United States jurisdiction, that non-United States jurisdiction indicates formally in writing to the lead state commissioner with a copy to the International Association of Insurance Supervisors that the group capital calculation is an acceptable international capital standard. This serves as the documentation otherwise required in subparagraph (1). (b) The non-United States jurisdiction provides confirmation by a competent regulatory authority in such jurisdiction that information regarding insurers and their parent, subsidiary or affiliated entities, if applicable, shall be provided to the lead state commissioner in accordance with a memorandum of understanding or similar document between the commissioner and such jurisdiction, including, without limitation, the International Association of Insurance Supervisors Multilateral Memorandum of Understanding or other multilateral memoranda of understanding coordinated by the NAIC. The Commissioner shall determine, in consultation with the NAIC, whether the requirements of the information sharing agreements are in force.

2. For the purposes of subsection 1, a list of non-United States jurisdictions that recognize and accept the group capital calculation, published by the NAIC, may be considered as further specified by the following: (a) A list of jurisdictions that recognize and accept the group capital calculation pursuant to paragraph (d) of subsection 3 of NRS 692C.290 , published by the NAIC, may be used to assist the lead state commissioner in determining which insurers shall file an annual group capital calculation. The list may be used to clarify those situations in which a jurisdiction is exempted from filing under paragraph (d) of subsection 3 of NRS 692C.290 . To assist with a determination under subsection 4 of NRS 692C.290 , the list may be used to identify whether a jurisdiction that is exempted under either paragraph (c) or (d) of subsection 3 of NRS 692C.290 requires a group capital filing for any United States based insurance group's operations in that non-United States jurisdiction. (b) For a non-United States jurisdiction where no United States insurance groups operate, the confirmation provided to meet the requirement of subparagraph (2) of paragraph (a) of subsection 1 serves as support for a recommendation to be published as a jurisdiction that recognizes and accepts the group capital calculation adopted by the NAIC.

3. If the lead state commissioner makes a determination pursuant to paragraph (d) of subsection 3 of NRS 692C.290 that differs from the list published by the NAIC, the lead state commissioner must provide thoroughly documented justification to the NAIC and other states.

4. Upon determination by the lead state commissioner that a non-United States jurisdiction no longer meets one or more of the requirements to recognize and accept the group capital calculation, the lead state commissioner may provide a recommendation to the NAIC that the non-United States jurisdiction be removed from the list of jurisdictions that recognize and accept the group capital calculation.
Nev. Rev. Stat. § 680A.050 — NV Code / Title 57 / Chapter 680A / Section 680A.050
“Stock” insurer defined
Status: in_force

A “stock” insurer is an incorporated insurer with its capital divided into shares and owned by its stockholders.
Nev. Rev. Stat. § 693A.500 — NV Code / Title 57 / Chapter 693A / Section 693A.500
Offers to acquire and acquisition of voting securities of new stock insurer or institution that owns majority of voting securities of new stock insurer
Status: in_force

1. Except as otherwise specifically provided in the plan of conversion, before and for a period of 5 years after the issuance of a certificate of authority to a new stock insurer pursuant to NRS 693A.470 , no person other than the new stock insurer may directly or indirectly offer to acquire or acquire in any manner the beneficial ownership of 5 percent or more of any class of a voting security of the new stock insurer or of any institution that owns a majority of the voting securities of the new stock insurer without the prior approval by the Commissioner of an application for acquisition.

2. The Commissioner shall not approve an application for acquisition filed pursuant to subsection 1 unless the Commissioner finds that: (a) The acquisition will not frustrate the plan of conversion as approved by the policyholders and the Commissioner; (b) The board of directors of the new stock insurer has approved the acquisition or extraordinary circumstances not contemplated in the plan of conversion have arisen which would warrant approval of the acquisition; and (c) The acquisition is consistent with the purpose of NRS 693A.400 to 693A.540 , inclusive, to permit conversions on terms and conditions that are fair and equitable to the policyholders.

3. An application for acquisition filed pursuant to subsection 1 must describe in sufficient detail all information necessary for the approval of the application.

4. If any material change occurs in the facts set forth in an application for acquisition filed pursuant to subsection 1, an amendment setting forth the change, together with copies of all documents and other material relevant to the change, must be filed with the Commissioner.

5. The Commissioner may hold a public hearing on an application for acquisition filed pursuant to subsection 1. If the Commissioner decides to hold a public hearing, the hearing must be held not later than 30 days after the person seeking to acquire securities files an application for acquisition with the Commissioner pursuant to subsection 1. The Commissioner shall give at least 20 days' notice of the hearing to the person filing the application for acquisition. The person filing the application for acquisition shall give not less than 7 days' notice of the hearing to the new stock insurer and to such other persons as may be designated by the Commissioner. In connection with the hearing, the person filing the application for acquisition, the new stock insurer, any other person to whom notice of the hearing was given, and any other person whose interest may be affected may conduct discovery proceedings in the same manner as is allowed in the district court. All discovery proceedings must be concluded not later than 3 days before the commencement of the hearing. At the hearing, the person filing the application for acquisition, the new stock insurer, any other person to whom notice of the hearing was given, and any other person whose interest may be affected may present evidence, examine and cross-examine witnesses, and offer oral and written arguments. If any acquisition referred to in the application for acquisition is proposed by means of a registration statement under the Securities Act of 1933, 15 U.S.C. §§ 77a et seq., in circumstances requiring the disclosure of similar information under the Securities Exchange Act of 1934, 15 U.S.C. §§ 78a et seq., or under a state law requiring similar registration or disclosure, the person required to file the statement may utilize such documents in furnishing the information required by the application for acquisition. The person filing the application shall serve the new stock insurer and any institution that owns a majority of the voting securities of the new stock insurer with a copy of the application for acquisition and any amendments thereto on the day the documents are filed with the Commissioner.

6. The new stock insurer and any institution that owns a majority of the voting securities of the new stock insurer must be permitted to become parties to the hearing upon request.

7. The Commissioner may retain, at the expense of the person filing an application for acquisition pursuant to subsection 1, any attorneys, actuaries, accountants and other experts who are not employees of the Division as may be reasonably necessary to assist the Commissioner in reviewing the application.