Nev. Rev. Stat. § 684A.030

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 684A.030 - "Independent adjuster," "public adjuster," "company adjuster" and "staff adjuster" defined
1. "Independent adjuster" means an adjuster who is representing the interests of an insurer or a self-insurer and who:
(a) Contracts for compensation with the insurer or self-insurer as an independent contractor or an employee of an independent contractor;
(b) Is treated for tax purposes by the insurer or self-insurer in a manner consistent with an independent contractor rather than an employee; and
(c) Investigates, negotiates or settles property, casualty or surety claims, including, without limitation, workers' compensation claims, for the insurer or self-insurer.
2. "Public adjuster" means an adjuster employed by and representing solely the financial interests of the insured named in the policy. The term does not include an adjuster who investigates, negotiates or settles workers' compensation claims.
3. "Company adjuster" means a salaried employee of an insurer who:
(a) Investigates, negotiates or settles property, casualty or surety claims, including, without limitation, workers' compensation claims; and
(b) Obtains a license pursuant to this chapter.
4. "Staff adjuster" means a person who investigates, negotiates or settles workers' compensation claims under the authority of a third-party administrator who holds a certificate of registration issued by the Commissioner pursuant to NRS 683A.08524.

NRS 684A.030

Added to NRS by 1971, 1661; A 1987, 141; 2011, 3362; 2017, 168; 2019, 3034
Amended by 2019, Ch. 503,§12, eff. 1/1/2020.
Amended by 2017, Ch. 40,§14, eff. 5/19/2017, op. 7/1/2018.
Added to NRS by 1971, 1661; A 1987, 141; 2011, 3362