Nevada Administrative Code

NAC 690A.090 Calculation of refunds. (NRS 679B.130, 690A.277) 1. If, pursuant to subsection 3, an insurer specifies the formula for a refund in an individual policy or certificate of group insurance filed for approval by the Commissioner and the filing is acknowledged and not dis…

NAC 690A.105 Credit life insurance: Calculation and use of prima facie rates; use of different rates. (NRS 679B.130, 690A.093, 690A.277) 1. Except as otherwise provided in subsection 5 of NAC 690A.165, the prima facie rate for credit life insurance shall be deemed reasonable in r…

NAC 690A.107 Credit life insurance: Limitation on benefits if indebtedness is repayable in substantially equal installments. (NRS 679B.130, 690A.277) If any indebtedness is repayable in substantially equal installments, the amount of the benefit provided under a policy of credit …

NAC 690A.115 Credit life insurance: Use of different rate for coverage of preexisting condition. (NRS 679B.130, 690A.093, 690A.277) If a policy of credit life insurance includes coverage for a preexisting condition, the policy may not include a different rate for coverage of a pr…

NAC 690A.125 Credit accident and health insurance: Calculation and use of prima facie rates; outstanding balance rate; conversion to closed-end credit rate; use of different rates. (NRS 679B.130, 690A.093, 690A.277) 1. Except as otherwise provided in NAC 690A.030 and 690A.165, a …

NAC 690A.135 Credit accident and health insurance: Applicability of prima facie rates. (NRS 679B.130, 690A.093, 690A.277) The rates set forth in subsections 2 and 3 of NAC 690A.125 apply to a policy of credit accident and health insurance that is offered to a debtor if the policy…

NAC 690A.145 Credit accident and health insurance: Rates for policy that excludes coverage for preexisting condition. (NRS 679B.130, 690A.093, 690A.277) 1. The rates for a policy of credit accident and health insurance set forth in NAC 690A.125 may be used only if the policy issu…

NAC 690A.155 Credit unemployment insurance: Rates; eligibility for benefits; age restrictions. (NRS 679B.130, 690A.093, 690A.277) 1. Each insurer who files rates with the Commissioner for credit unemployment insurance must include in its filing the formula upon which its rates ar…

NAC 690A.165 Use of rates that differ from prima facie rates; documentation required; maximum rate after change of insurer. (NRS 679B.130, 690A.277) 1. An insurer may file for approval by the Commissioner to use rates that are higher than the prima facie rates set forth in NAC 69…

NAC 690A.170 Limitation on term of application of different rate to closed-end loan. (NRS 679B.130, 690A.093, 690A.277) Any deviation from a rate for credit life insurance, credit accident and health insurance or credit unemployment insurance approved by the Commissioner must not…

NAC 690A.175 Annual reports of experience data; review of prima facie rates by Commissioner. (NRS 679B.130, 690A.093, 690A.277) An insurer that provides consumer credit insurance shall, on or before June 30 of each year, report its experience data annually to the Commissioner, on…

NAC 690A.185 Audits of payments for claims and reviews of accounts for creditors. (NRS 679B.130, 690A.277) 1. Each insurer who engages in the business of credit insurance in this State shall conduct: (a) An annual audit of all payments for claims made on its behalf by an administ…

NAC 690B.010 Generally. (NRS 679B.130, 690B.023) NAC 690B.010 to 690B.060, inclusive, provides guidelines for the approval of cards constituting evidence of insurance which a motor vehicle insurer must issue to the insured. [Comm’r of Insurance, PC-24, eff. 5-7-80]—(NAC A by R213…

NAC 690B.020 Definitions. (NRS 679B.130, 690B.023) As used in NAC 690B.010 to 690B.060, inclusive, unless the context otherwise requires, the words and terms defined in NAC 690B.022 to 690B.028, inclusive, have the meanings ascribed to them in those sections. [Comm’r of Insurance…

NAC 690B.022 “Agent” defined. (NRS 679B.130, 690B.023) “Agent” means any licensed resident or nonresident agent. [Comm’r of Insurance, PC-24, eff. 5-7-80]—(Substituted in revision for part of NAC 690B.020)

NAC 690B.024 “Commissioner” defined. (NRS 679B.130, 690B.023) “Commissioner” means the Commissioner of Insurance. (Supplied in codification)

NAC 690B.026 “Division” defined. (NRS 679B.130, 690B.023) “Division” means the Division of Insurance of the Department of Business and Industry. (Supplied in codification)

NAC 690B.028 “Insurer” defined. (NRS 679B.130, 690B.023) “Insurer” means any insurer who writes motor vehicle liability insurance in this State. [Comm’r of Insurance, PC-24, eff. 5-7-80]—(Substituted in revision for part of NAC 690B.020)

NAC 690B.030 Permanent card: Issuance. (NRS 679B.130, 690B.023) 1. A permanent card constituting evidence of insurance must be issued by an insurer who provides liability insurance coverage for a motor vehicle in the minimum amounts required by NRS 485.105 and 485.185, except tha…

NAC 690B.040 Temporary card: Issuance. (NRS 679B.130, 690B.023) 1. Except as otherwise provided in subsections 3 and 4, a temporary card constituting evidence of insurance may be issued only by an insurer or a duly appointed agent of the insurer upon the submission to the insurer…

NAC 690B.050 Form of evidence of insurance: Approval by Commissioner. (NRS 679B.130, 690B.023) No insurer may issue any evidence of insurance for new or renewal policies after January 1, 1981, unless the specific form has been submitted to and received the approval of the Commiss…

NAC 690B.055 Form of evidence of insurance: Required statement for operator’s policy of liability insurance. (NRS 679B.130, 690B.023) An insurer that issues an operator’s policy of liability insurance shall include on the card constituting evidence of insurance a statement writte…

NAC 690B.060 Form of evidence of insurance: Conformance to standards and contents. (NRS 679B.130, 690B.023) Evidence of insurance must: 1. Conform to the following standards: (a) If the evidence of insurance is a card: (1) The card must be not larger than 8 1/2 x 5 1/2 inches and…

NAC 690B.210 Definitions. (NRS 679B.130) As used in NAC 690B.210 to 690B.250, inclusive, unless the context otherwise requires: 1. “Commercial automobile” means a motor vehicle not rated under rules for private automobiles for passengers. 2. “Company rules” means the standards es…

NAC 690B.240 Increase in premiums based upon incidents or claims: Notification; request for explanation. (NRS 679B.130) 1. No insurer may issue any private passenger automobile insurance policy without delivering to the named insured a notice explaining the manner in which the in…

NAC 690B.245 Disclosure of coverage limitations. (NRS 679B.130) 1. Except as otherwise provided in subsections 5 and 6, an insurer that issues a private passenger automobile insurance policy which limits coverage for permissive users, as defined in the policy, shall disclose thos…

NAC 690B.250 Private automobiles for passengers and commercial automobiles; applicability. (NRS 679B.130) 1. For underwriting, cancellation, nonrenewal, or rating of insurance for private automobiles for passengers, an insurer may consider only the incidents which occur while the…

NAC 690B.310 Required warning for policies not including bodily injury and property damage liability coverages. (NRS 679B.130) Each insurance company which issues an automobile policy on a risk located or garaged in Nevada which does not include bodily injury liability insurance …

NAC 690B.320 Reporting requirements for policies used as proof of insurance for payment of tort liabilities; penalties. (NRS 679B.130, 680A.200) 1. An insurer, which executes a contract of insurance for a motor vehicle liability policy that may be used to meet the requirements fo…

NAC 690B.350 Disclosure of limitations; statement. (NRS 679B.130) 1. Except as otherwise provided in NAC 690B.360, an insurer that issues an operator’s policy of liability insurance which limits coverage for damages as set forth in NRS 485.186 shall disclose those limitations in …

NAC 690B.360 Disclosure of limitations; endorsement in lieu of statement. (NRS 679B.130) 1. In lieu of complying with NAC 690B.350, an insurer may inform an insured of the limitations of an operator’s policy of liability insurance by providing the information set forth in NAC 690…

NAC 690B.380 Consent form; duties of insurer. (NRS 679B.130, 706.4481) 1. If a motor vehicle is towed at the request of someone other than the owner or an authorized agent of the owner, an insurer may, in accordance with NRS 706.4481, obtain possession of the motor vehicle from t…

NAC 690B.400 “Emergency” defined for NRS 690B.160. (NRS 679B.130, 690B.160) For the purposes of NRS 690B.160, “emergency” means: 1. The loss of plumbing, including the loss of water service and the stoppage or backup of a sewer system; 2. A substantial loss of electrical service;…

NAC 690B.405 Increase in premiums based upon claims: Notification; request for explanation. (NRS 679B.130) 1. No insurer may issue any homeowner’s insurance policy without delivering to the named insured a notice explaining the manner in which the insurer’s rating plan provides f…

NAC 690B.520 Determination by Commissioner of essential medical specialties. (NRS 679B.130, 690B.350) 1. Pursuant to NRS 690B.350, the Commissioner may, after a hearing convened at the discretion of the Commissioner pursuant to subsection 1 of NRS 690B.350, determine whether any …

NAC 690B.525 Form for extended reporting endorsement. (NRS 679B.130, 690B.290, 690B.320) An extended reporting endorsement offered pursuant to NRS 690B.290 or 690B.320 must be made on a form approved by the Commissioner pursuant to NRS 687B.120. (Added to NAC by Comm’r of Insuran…

NAC 690B.530 Disclosures regarding adverse underwriting decisions. (NRS 679B.130) 1. In addition to the applicable disclosures required pursuant to NRS 690B.270, 690B.280, 690B.300 and 690B.350, an insurer offering professional liability insurance to a practitioner licensed pursu…

NAC 690B.535 Disclosures regarding effects of changes in exposure. (NRS 679B.130) 1. If a practitioner licensed pursuant to chapters 630 to 640 of NRS, inclusive, experiences a change in exposure, each insurer issuing a policy of professional liability insurance to the practition…

NAC 690B.540 Filing of schedule-rating plan. (NRS 679B.130, 686B.100) 1. For the purposes of this section, “schedule rating” means the application of judgment credits and debits to the risk rate or premium charge which has been developed through the use of base rate or class rate…

NAC 690B.550 Definitions. (NRS 679B.130) As used in NAC 690B.550 to 690B.580, inclusive, unless the context otherwise requires, the words and terms defined in NAC 690B.555, 690B.560 and 690B.565 have the meanings ascribed to them in those sections. (Added to NAC by Comm’r of Insu…

NAC 690B.555 “Policy of medical malpractice insurance” defined. (NRS 679B.130) “Policy of medical malpractice insurance” means a policy of professional liability insurance covering the liability of a practitioner licensed pursuant to chapter 630 or 633 of NRS. (Added to NAC by Co…

NAC 690B.560 “Qualified risk management system” defined. (NRS 679B.130) “Qualified risk management system” means a risk management system approved by the Commissioner pursuant to the provisions of NAC 690B.580. (Added to NAC by Comm’r of Insurance by R091-03, eff. 9-24-2003)

NAC 690B.565 “Risk management system” defined. (NRS 679B.130) “Risk management system” means a system of procedures designed to reduce: 1. The risk of a claim of malpractice covered by a policy of medical malpractice insurance; 2. The costs related to a claim of malpractice cover…

NAC 690B.575 Qualified risk management systems: Offer by insurer; reduction in premium; fee. (NRS 679B.130, 690B.330) 1. An insurer that issues a policy of medical malpractice insurance must offer a qualified risk management system to an insured. 2. If the insured implements a qu…

NAC 690B.580 Qualified risk management systems: Approval by Commissioner. (NRS 679B.130, 690B.330) 1. A risk management system offered by an insurer issuing a policy of medical malpractice insurance to an insured pursuant to NAC 690B.575 must be approved by the Commissioner as a …

NAC 690C.045 “Normal wear and tear” interpreted. (NRS 679B.130, 690C.080, 690C.300) As used in NRS 690C.080, the term “normal wear and tear” includes, without limitation, damage which necessitates the provision of the following services: 1. Repair or replacement of a tire or whee…

NAC 690C.050 “Service contract” interpreted. (NRS 679B.130, 690C.300) The Commissioner will interpret “service contract” as used in chapter 690C of NRS not to include: 1. A service contract issued by a motor club as defined in NRS 696A.070; 2. A contract of insurance for home pro…