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2013 Nevada Revised Statutes
Chapter 681B - Assets and Liabilities
NRS 681B.250 - Opinion of qualified actuary: Liability of qualified actuary; disciplinary action.


NV Rev Stat § 681B.250 (2013) What's This?

1. Except in a case of fraud or willful misconduct, a qualified actuary who is appointed by an insurer to issue an opinion pursuant to this chapter or any regulation adopted pursuant thereto is not liable for damages to any person other than an affected insurer or the Commissioner for any act, error, omission, decision or conduct with respect to the actuary s opinion.

2. Disciplinary action by the Commissioner against an actuary must be prescribed by regulation by the Commissioner.

(Added to NRS by 1995, 1769; A 2011, 3353)

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