Nev. Admin. Code § 679B.033

Current through October 11, 2024
Section 679B.033 - Adoption by reference and availability of certain publications regarding examinations and financial evaluations; applicability; revision of publications after adoption; preparation of financial statements
1. The following publications of the National Association of Insurance Commissioners are hereby adopted by reference and may be obtained by mail from the National Association of Insurance Commissioners, Publications Department, 1100 Walnut Street, Suite 1500, Kansas City, Missouri 64106-2197, or by ordering via telephone at (816) 783-8300, or on the Internet at www.naic.org/account_manager.htm, or by electronic mail at prodserv@naic.org, at the respective prices indicated:
(a)

The Financial Condition Examiners Handbook, which may be obtained at the domestic price of $295 and the international price of $325 for a paper copy or a copy on USB.

(b) The Market Regulation Handbook, which may be obtained at the domestic price of $525 and the international price of $580 for a paper copy or a copy on USB.
(c) The Market Regulation Handbook - Examination Standards Summary, which may be obtained free of charge.
(d) The Accounting Practices and Procedures Manual, which may be obtained at the domestic price of $500 and the international price of $550 for a paper copy, or at the domestic price of $465 and the international price of $510 for an electronic copy.
(e) The Annual and Quarterly Statement Blanks for Life and Accident and Health, which may be obtained at the domestic price of $225 and the international price of $250.
(f) The Annual and Quarterly Statement Blanks for Property and Casualty, which may be obtained at the domestic price of $225 and the international price of $250.
(g) The Annual and Quarterly Statement Blanks for Health, which may be obtained at the domestic price of $225 and the international price of $250.
(h) The Annual and Quarterly Statement Blanks for Fraternal, which may be obtained at the domestic price of $225 and the international price of $250.
(i) The Annual and Quarterly Statement Blanks for Title, which may be obtained at the domestic price of $225 and the international price of $250.
(j) The Annual and Quarterly Statement Instructions for Life and Accident and Health, which may be obtained at the domestic price of $250 and the international price of $275. Except as otherwise provided in paragraph (l), these instructions must be used by an insurer that, under its certificate of authority, transacts health insurance or life insurance, as those terms are defined in NRS 681A.030 and 681A.040, respectively.
(k) The Annual and Quarterly Statement Instructions for Property and Casualty, which may be obtained at the domestic price of $250 and the international price of $275. These instructions must be used by an insurer that, under its certificate of authority, transacts casualty insurance or property insurance, as those terms are defined in NRS 681A.020 and 681A.060, respectively.
(l) The Annual and Quarterly Statement Instructions for Health, which may be obtained at the domestic price of $250 and the international price of $275. These instructions must be used by an insurer whose certificate of authority is issued in accordance with NRS 695B.110, 695C.090, 695D.110 or 695F.100.
(m) The Annual and Quarterly Statement Instructions for Fraternal, which may be obtained at the domestic price of $250 and the international price of $275. These instructions must be used by an insurer that, under its certificate of authority, transacts insurance for a fraternal benefit society, as that term is defined in NRS 695A.010.
(n) The Annual and Quarterly Statement Instructions for Title, which may be obtained at the domestic price of $250 and the international price of $275. These instructions must be used by an insurer that, under its certificate of authority, transacts title insurance, as that term is defined in NRS 681A.080.
2. The publications listed in subsection 1 apply to the:
(a) Conduct and report of an examination made pursuant to NRS 679B.230 to 679B.300, inclusive, 695C.310, as amended by section 149 of Assembly Bill No. 83, chapter 376, Statutes of Nevada 2017, at page 2395, and 695D.270; and
(b) Evaluation of the financial condition of an insurer or organization based on an examination or its annual statement. As used in this paragraph, "organization" includes:
(1) A health maintenance organization, as that term is defined in NRS 695C.030; and
(2) An organization for dental care, as that term is defined in NRS 695D.060.
3. If any publication listed in subsection 1 is revised, the Commissioner will review the revision to determine its suitability for this State. If the Commissioner determines that the revision is not suitable for this State, he or she will give notice within 30 days after the effective date of the revision. If the Commissioner does not give notice within 30 days, the revision becomes part of the publication adopted by reference pursuant to subsection 1. If a revision becomes part of a publication pursuant to this subsection and a person objects to and is aggrieved by the revision, that person may request a hearing before the Commissioner pursuant to NRS 679B.310 to 679B.370, inclusive.
4. The Market Regulation Handbook will be used in the examination of the records of an administrator.
5. All persons, including, without limitation, insurers and health maintenance organizations, required to file financial statements with the Commissioner shall prepare those statements in accordance with the appropriate publications adopted by reference in this section.

Nev. Admin. Code § 679B.033

Added to NAC by Comm'r of Insurance, eff. 12-3-84; A 1-22-86; 12-9-91; 3-20-96; R028-02, 5-31-2002; R247-03 & R249-03, 11-12-2004; A by R089-17AP, eff. 5/16/2018
NRS 679B.130