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2020 Nevada Revised Statutes
Chapter 686B - Rates and Essential Insurance
NRS 686B.17867 - Large-deductible agreements: Insurer in hazardous financial condition prohibited from issuing or renewing policy containing large-deductible agreement; exception.
Universal Citation: NV Rev Stat § 686B.17867 (2020)
Except when otherwise specifically approved by the Commissioner in writing or by electronic communication, any insurer determined to be in a hazardous financial condition pursuant to NRS 680A.205, or the equivalent provisions of law in any other state as determined by the Commissioner, is prohibited from issuing or renewing a policy that includes a large-deductible agreement.
(Added to NRS by 2017, 2344)
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