Nev. Admin. Code § 690B.530

Current through December 12, 2024
Section 690B.530 - Disclosures regarding adverse underwriting decisions
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 pursuant to chapters 630 to 640 of NRS, inclusive, shall provide the disclosures regarding adverse underwriting decisions required pursuant to NAC 679B.715.
2. If an insurer offering professional liability insurance to a practitioner licensed pursuant to chapter 630, 631, 632 or 633 of NRS makes a decision to charge the practitioner a rate or premium charge that is higher than the applicable base rates filed with the Commissioner, the insurer shall provide to the practitioner the disclosures regarding adverse underwriting decisions required pursuant to NAC 679B.715.

Nev. Admin. Code § 690B.530

Added to NAC by Comm'r of Insurance by R131-03, eff. 10-30-2003

NRS 679B.130