Title 57

NRS 680A.170 Certificate of authority: Amendment; fee. Upon written application therefor by the insurer and due cause shown, the Commissioner may amend the certificate of authority of an insurer as required by change of name or to show any change in the kinds of insurance the ins…

NRS 680A.173 Transfer of insurer’s domicile: Foreign insurer may become domestic insurer. A foreign insurer with a certificate of authority to transact insurance in this state may become a domestic insurer by complying with the requirements of this Code for forming a domestic ins…

NRS 680A.175 Transfer of insurer’s domicile: Termination of status as domestic insurer; qualification as foreign insurer. 1. If a domestic insurer transfers its domicile to another state, it ceases to be a domestic insurer. 2. The Commissioner shall issue to such an insurer a cer…

NRS 680A.177 Transfer of insurer’s domicile: Duties of insurer; effect on policies. 1. The Commissioner may require a domestic insurer which converts to a foreign insurer or a foreign insurer which converts to a domestic insurer to: (a) Obtain new licenses for its agents; (b) Mak…

NRS 680A.180 Continuance, expiration and reinstatement of certificate of authority. 1. A certificate of authority continues in force as long as the insurer is entitled thereto under this Code, and until suspended or revoked by the Commissioner or terminated at the insurer’s reque…

NRS 680A.190 Refusal to continue or suspension or revocation of certificate of authority: Mandatory grounds; notice; hearing. 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 provi…

NRS 680A.200 Refusal to continue or suspension, limitation or revocation of certificate of authority: Grounds; administrative fine in lieu of certain suspension or revocation; immediate suspension; statute of limitations. 1. Except as otherwise provided in NRS 616B.472, the Commi…

NRS 680A.205 Determination of hazardous financial condition of insurer: Regulations; hearing; disciplinary actions; review of order. 1. The Commissioner may adopt regulations to define when an insurer is considered to be in a hazardous financial condition and to set forth the sta…

NRS 680A.210 Suspension, limitation or revocation of or refusal to continue certificate of authority: Order and notice; effect on agents’ authority. 1. All suspensions, limitations or revocations of, or refusals to continue, an insurer’s certificate of authority must be by the Co…

NRS 680A.220 Suspension of certificate of authority: Duration; insurer’s obligations during suspension period; reinstatement. 1. Suspension of an insurer’s certificate of authority must be for such period as the Commissioner specifies in the order of suspension, but not to exceed…

NRS 680A.225 Penalty for failure of insurer to comply with certain requirements for electronic maintenance, transmittal and exchange of health information. 1. If the Commissioner receives notification from the Nevada Health Authority pursuant to NRS 439.5895 that an insurer is no…

NRS 680A.230 Applicability of general corporation laws to foreign insurers; exception. The general corporation laws of this state do not apply to foreign insurers holding certificates of authority to transact insurance in this state, except as otherwise provided in NRS 80.190. (A…

NRS 680A.240 Issuance of policies under additional titles: Registration; inclusion of such business in annual statement. 1. A property insurer or multiple line insurer authorized to transact insurance in Nevada shall have the right to issue property insurance policies under its o…

NRS 680A.250 Service of process: Appointment of Commissioner as attorney in fact for receipt required for certain insurers; methods of serving. 1. Before the Commissioner may authorize it to transact insurance in this state, each insurer must appoint the Commissioner as its attor…

NRS 680A.260 Service of process: Method of serving if Commissioner statutorily designated as attorney in fact for receipt; extension of time to appear; record. 1. If the Commissioner is designated by specific statute as attorney in fact for the purpose of receiving service of pro…

NRS 680A.265 Annual financial statement: Filing; reporting of violation of law found during audit; penalty for failure to file; consolidation of statements prohibited; exception; regulations. 1. Except as otherwise provided in subsection 5, every: (a) Domestic insurer; (b) Frater…

NRS 680A.270 Filing of annual statement and payment of fee by authorized insurers; statement of alien insurer; actions by Commissioner for failure to file; filing of quarterly statement by domestic insurer; regulations; confidentiality of certain information; compensation informa…

NRS 680A.280 Annual or other required statement: Penalties for failure to file or false statements. 1. Any insurer failing, without just cause beyond the reasonable control of the insurer, to file a statement as required in NRS 680A.265 and 680A.270 shall be required to pay a pen…

NRS 680A.300 Agent required; execution of emergency bond. 1. No authorized insurer may make, write, place, renew or cause to be made, placed or renewed, any policy or duplicate policy, endorsement or contract of insurance of any kind upon persons, property or risks resident, loca…

NRS 680A.320 Transaction or agreement with parent corporation, financial holding company, depository institution, subsidiary or affiliated person: Prohibitions; duty and obligation of insurer. 1. For the purposes of this section: (a) An “affiliated person” is a person controlled …

NRS 680A.330 Retaliatory provision. 1. When, by or pursuant to the laws of any other state or foreign country or province, any taxes, licenses and other fees in the aggregate, and any fines, penalties, deposit requirements or other material requirements, obligations, prohibitions…

NRS 680A.500 Definitions. As used in NRS 680A.500 to 680A.600, inclusive, unless the context otherwise requires, the words and terms defined in NRS 680A.510 and 680A.520 have the meanings ascribed to them in those sections. (Added to NRS by 2017, 611; A 2023, 2621)

NRS 680A.510 “Deliver by electronic means” defined. “Deliver by electronic means” means: 1. To deliver to an electronic mail address at which a party has consented to receive notices or documents; or 2. To post a notice or document on an electronic network or website accessible v…

NRS 680A.520 “Party” defined. “Party” means any recipient of a notice or document required to be provided as part of an insurance transaction, including, without limitation, an applicant, insured, policyholder or holder of an annuity contract. (Added to NRS by 2017, 611)

NRS 680A.530 Applicability. The provisions of NRS 680A.500 to 680A.600, inclusive: 1. Do not apply to a notice or other document delivered by an insurer in an electronic form before October 1, 2017, to a party who consented before that date to receive the notice or other document…

NRS 680A.540 Authority to deliver by electronic means certain types of notices or documents in certain circumstances; delivery by electronic means satisfies requirements of Nevada Insurance Code regarding delivery in physical form. 1. A notice to a party or any other document whi…

NRS 680A.550 Requirements for delivery. 1. Except as otherwise provided in subsection 2 and NRS 680A.555 and 680A.560, a notice or other document may be delivered by electronic means by an insurer to a party pursuant to subsection 1 of NRS 680A.540 if: (a) The party has affirmati…

NRS 680A.555 Authority of plan sponsor of health plan to consent to delivery by electronic means on behalf of party covered by health plan; requirements and restrictions for delivery by electronic means to party covered by health plan. 1. The plan sponsor of a health plan may, on…

NRS 680A.560 Circumstances in which insurer required to cease delivery by electronic means. An insurer shall cease delivering by electronic means any notice or other document and shall deliver such notices and other documents by any other delivery method authorized by law if: 1. …

NRS 680A.570 Withdrawal of consent to delivery by electronic means. 1. The withdrawal of consent by a party to delivery by electronic means does not affect the legal effectiveness, validity or enforceability of a notice or other document delivered by electronic means to the party…

NRS 680A.580 Effect of consent to delivery by electronic means given before October 1, 2017. If a party consented to the delivery by electronic means of certain notices or documents by an insurer before October 1, 2017, the insurer may continue to deliver by electronic means such…

NRS 680A.590 Enforceability of contract or policy of insurance if electronic consent or confirmation of consent not obtained; producer of insurance not subject to civil liability for delivery or failure to deliver by electronic means; relation to Electronic Signatures in Global a…

NRS 680A.600 Insurer authorized to satisfy requirement to mail or deliver a standard policy of property or casualty insurance or standard endorsement of such policy which does not contain personally identifiable information by posting on Internet website in certain circumstances.…

NRS 680B.010 Fees. The Commissioner shall collect in advance and receipt for, and persons so served must pay to the Commissioner, fees and miscellaneous charges as follows: 1. Insurer’s certificate of authority: (a) Filing initial application......................................…

NRS 680B.020 State license exclusive; exception. 1. Notwithstanding the provisions of any general or special law, the possession of a license or certificate of authority issued under this Code shall be authorization to transact such business as indicated in such license or certif…

NRS 680B.025 General tax on premiums: Definitions. For the purposes of NRS 680B.025 to 680B.039, inclusive: 1. “Total income derived from direct premiums written”: (a) Does not include premiums written or considerations received from life insurance policies or annuity contracts i…

NRS 680B.027 General tax on premiums: Rate; time for payment; prepayment; supplemental statements. 1. Except as otherwise provided in NRS 680B.033, 680B.0353 and 690C.110, for the privilege of transacting business in this State, each insurer shall pay to the Department of Taxatio…

NRS 680B.030 General tax on premiums: Annual report by insurer. 1. Each insurer and each formerly authorized insurer with respect to insurance transacted while an authorized insurer and property bondsman shall, on or before March 15 of each year, or within any reasonable extensio…

NRS 680B.032 General tax on premiums: Certain insurers to file quarterly report and make quarterly payment; overpayment of tax. 1. Each insurer which, pursuant to NRS 680B.027, paid or is required to pay a tax of at least $2,000 on net direct premiums and net direct consideration…

NRS 680B.033 General tax on premiums: Computation of tax for factory mutuals. Factory mutuals shall pay the tax imposed by NRS 680B.027 on all gross premiums upon policies on risks located in this state in force on December 31 next preceding, after deducting from the gross direct…

NRS 680B.035 General tax on premiums: Payments by domestic insurers. A domestic insurer doing business in a state in which it is not licensed and to which it does not pay a premium tax, shall report and pay the tax on that business to the State of Nevada as though that business w…

NRS 680B.0352 General tax on premiums: Payment on premiums for travel insurance. 1. An insurer shall pay the tax imposed by NRS 680B.027 on all premiums for travel insurance paid by any of the following persons: (a) A primary policyholder who is a resident of this State. (b) A pr…

NRS 680B.0353 General tax on premiums: Rate and payments by certain risk retention groups. Each risk retention group which is chartered in a state other than this State and which is registered in this State pursuant to NRS 695E.140 to 695E.200, inclusive, shall pay the tax impose…

NRS 680B.0355 Insurer required to provide statement to insureds if portion of premium is attributable to general premium tax; insurer authorized to provide statement to insureds if portion of premium is attributable to annual fees or assessments. 1. If an insurer includes any por…

NRS 680B.036 General tax on premiums: Credit for policies of industrial insurance. 1. Each insurer providing industrial insurance in this state pursuant to chapters 616A to 617, inclusive, of NRS is entitled to a credit against the premium tax paid pursuant to NRS 680B.027 for it…

NRS 680B.0365 General tax on premiums: Credit for qualified equity investments or impact qualified equity investments. Each insurer that makes a qualified equity investment, as defined in NRS 231A.130, or impact qualified equity investment, as defined in NRS 231A.0757, or is allo…