Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE57 INSURANCE |
CHAPTER686B. Rates and Essential Insurance |
RATES AND SERVICE ORGANIZATIONS |
Advisory Organization for Industrial Insurance |
NRS686B.1753. “Basic premium rate” defined.
Latest version.
- “Basic premium rate” means the portion of a rate attributable to the cost of losses per unit of exposure and includes the expense of adjusting those losses.
(Added to NRS by 1995, 2049)