There is a newer version
of
this Statute
2020 Nevada Revised Statutes
Chapter 686B - Rates and Essential Insurance
NRS 686B.1786 - Large-deductible agreements: Applicability.
Universal Citation: NV Rev Stat § 686B.1786 (2020)
This section and NRS 686B.17863 and 686B.17867 apply to any policy of industrial insurance which:
1. Is issued by an insurer which:
(a) Has a rating of less than "A-" from A.M. Best Company, Inc., or a substantially equivalent rating from another rating agency, as determined by the Commissioner; and
(b) Has less than $200,000,000 in surplus, with surplus calculated as the difference between the insurer’s net admitted assets and the insurer’s total liabilities;
2. Contains a large-deductible agreement;
3. Is not issued to a federal, state or local governmental entity; and
4. Is issued for delivery or renewed on or after January 1, 2018.
(Added to NRS by 2017, 2343)
Disclaimer: These codes may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
