NRS684A.023. “Automated claims adjudication system” defined.  


Latest version.
  •   “Automated claims adjudication system” means a preprogrammed computer system which:

          1.  Is designed for the collection, data entry, calculation and final resolution of claims arising under an insurance contract for portable electronic insurance coverage;

          2.  Is used by a licensed adjuster, licensed agent or person supervised by a licensed adjuster or licensed agent; and

          3.  Complies with the requirements of this Code concerning the payment of claims.

      (Added to NRS by 2011, 1017)