Nev. Admin. Code § 679B.451

Current through December 31, 2024
Section 679B.451 - Hearings to enhance public understanding of coverages offered and encourage competition
1. If the Commissioner holds a public hearing to carry out the provisions of NRS 679B.150, the following rules of practice apply:
(a) The Commissioner or his or her designated hearing officer may receive any oral, written or documentary evidence concerning the subjects described in the notice of the hearing.
(b) No person may be designated as a party or an intervener.
(c) The Commissioner will give notice of such a hearing to:
(1) Any insurer or rate service organization whose name appears on the notice; and
(2) Members of the public by posting a copy of the notice at the Division's offices and the location of meeting.

The notice will be given pursuant to the requirements set forth in subsection 3 of NRS 679B.140.

2. The Commissioner may use any evidence or testimony presented at such a hearing in his or her consideration of the factors listed in NRS 686B.050 and 686B.060 for any filings made by an insurer or a rate service organization pursuant to NRS 686B.070 or NAC 686B.700 to 686B.765, inclusive.

Nev. Admin. Code § 679B.451

Added to NAC by Comm'r of Insurance, eff. 1-27-92

NRS 679B.130, 679B.310