Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE57 INSURANCE |
CHAPTER686A. Trade Practices and Frauds; Financing of Premiums |
GENERAL PROVISIONS |
NRS 686A.010. Purpose. |
NRS 686A.015. Jurisdiction of Commissioner; Commissioner to establish program to investigate unfair and deceptive trade practices. |
NRS 686A.020. Unfair methods and deceptive acts prohibited. |
NRS 686A.025. Unfair acts and practices: Disclosure of nonpublic personal information in manner contrary to federal law. |
NRS 686A.030. Misrepresentation and false advertising of policies prohibited. |
NRS 686A.040. False information and advertising prohibited. |
NRS 686A.050. “Twisting” prohibited. |
NRS 686A.055. Prohibited use of fact that insurance is covered by Nevada Insurance Guaranty Association or Nevada Life and Health Insurance Guaranty Association. |
NRS 686A.060. Replacement of life insurance. |
NRS 686A.070. Falsification of records or financial statements prohibited; penalty. |
NRS 686A.080. Defamatory statement concerning person engaged or proposing to engage in business of insurance prohibited. |
NRS 686A.085. Bank prohibited from requiring customers to purchase insurance from parent, subsidiary or affiliate of bank. |
NRS 686A.090. Boycott, coercion or intimidation tending to result in unreasonable restraint of or monopoly in business of insurance prohibited. |
NRS 686A.095. Cancellation or restriction of agent’s authority based solely on submission of claims prohibited. |
NRS 686A.100. Life insurance, annuities and health insurance: Unfair discrimination prohibited. |
NRS 686A.110. Life insurance, annuities and health insurance: Rebates and other inducements prohibited. |
NRS 686A.120. Life insurance, annuities and health insurance: Exceptions to provisions limiting discrimination, rebates and use of securities as inducements. |
NRS 686A.130. Property, casualty, surety and title insurance: Unfair discrimination and rebates prohibited. |
NRS 686A.140. Violations concerning rebates and inducements: Penalties; effect. |
NRS 686A.150. Using security, advisory board contract or agreement offering or promising profit as inducement prohibited. |
NRS 686A.160. Enforcement: Prohibited practices. |
NRS 686A.170. Enforcement: Undefined practices. |
NRS 686A.180. Service of process upon unauthorized insurers. |
NRS 686A.183. Cease and desist orders and penalties for prohibited practices; modification and setting aside of Commissioner’s orders. |
NRS 686A.185. Review and finality of Commissioner’s orders. |
NRS 686A.187. Penalties for violating cease and desist order. |
NRS 686A.190. Interlocking ownership or management. |
NRS 686A.200. Favored agent or insurer. |
NRS 686A.210. Service and processing charges prohibited. |
NRS 686A.220. Favored agent or surety for bonds under public building or construction contract. |
NRS 686A.230. Illegal dealing in premiums; excess charges for insurance; regulations related to fees of broker, consultant or financial planner; written contract for consultation. |
NRS 686A.240. Favoritism to groups prohibited; exceptions. |
NRS 686A.250. Use of insurance or annuity as inducement for purchase or rental of property or services prohibited; exceptions. |
NRS 686A.260. Revocation or suspension of license for violation of laws of other state. |
NRS 686A.270. Knowledge of insurer of prohibited acts. |
NRS 686A.280. Use of name deceptively implying person is insurer prohibited. |
INSURANCE FRAUD |
NRS 686A.281. Definitions. |
NRS 686A.2815. “Insurance fraud” defined. |
NRS 686A.282. “Investigative or law enforcement agency” defined. |
NRS 686A.2825. “Practitioner” defined. |
NRS 686A.283. Reporting requirements; duties of Commissioner and Attorney General; prosecution by district attorney. |
NRS 686A.285. Report by insurer of suspicion that loss to insured was caused by other than accidental or natural occurrence. |
NRS 686A.287. Provision by insurer of information concerning fraud upon request by Attorney General, Commissioner or certain agencies. |
NRS 686A.289. Provision to insurer of information concerning fraud upon completion of investigation or prosecution; confidentiality of information. |
NRS 686A.290. Applications for insurance: Prohibited acts and penalties. |
NRS 686A.291. Criminal penalty for insurance fraud. |
NRS 686A.292. Additional penalties for insurance fraud; payment of expenses of Fraud Control Unit; persons who are victims for purposes of restitution. |
NRS 686A.295. Commissioner and Attorney General to notify agency when person licensed by or registered with agency is convicted of insurance fraud. |
CLAIMS |
NRS 686A.300. Delay in payment of claim for damages to motor vehicle after receipt of statement of charges prohibited; settling claim without providing for repair of vehicle permitted; exception. |
NRS 686A.310. Unfair practices in settling claims; liability of insurer for damages. |
NRS 686A.315. Notice required with certain billing and claim forms submitted to insurers. |
NRS 686A.325. Settlement of third-party liability claims; written notice of payment; failure to serve notice. |
FINANCING OF PREMIUMS |
NRS 686A.330. Definitions. |
NRS 686A.335. Applicability of chapter 696B of NRS. |
NRS 686A.340. Engaging in business of company without license prohibited. |
NRS 686A.350. Exemptions from requirement of licensing. |
NRS 686A.360. Application for license. |
NRS 686A.370. True name and fictitious name of licensee; grounds for disapproval of name. |
NRS 686A.380. Renewal of license. |
NRS 686A.385. Schedule of rates and charges to be filed with Commissioner. |
NRS 686A.390. Approval of forms. |
NRS 686A.400. Records: Maintenance; form of preservation; open to Commissioner. |
NRS 686A.410. Examination of company by Commissioner. |
NRS 686A.420. Contents of agreement. |
NRS 686A.430. Furnishing of completed copy of agreement to insured. |
NRS 686A.440. Interest; prepayment. |
NRS 686A.450. Permissible charges: Late payment; returned check; collection costs or attorney’s fees. |
NRS 686A.460. Cancellation of insurance policy by company. |
NRS 686A.470. Return of unearned premium. |
NRS 686A.480. Prohibited payments: Membership in motor club; policy of insurance covering death or dismemberment. |
NRS 686A.490. No recourse against agent; limitation on inducements; prohibited acts by company, agent or broker. |
NRS 686A.500. Disclosure of financial interest required; agent or broker who submits or performs services in connection with agreement prohibited from receiving compensation. |
NRS 686A.510. Penalties. |
NRS 686A.520. Applicability of other provisions. |
USE OF CONSUMER CREDIT INFORMATION |
NRS 686A.600. Definitions. |
NRS 686A.610. “Adverse action” defined. |
NRS 686A.620. “Affiliate” defined. |
NRS 686A.630. “Consumer credit report” defined. |
NRS 686A.640. “Consumer reporting agency” defined. |
NRS 686A.650. “Credit information” defined. |
NRS 686A.660. “Insurance score” defined. |
NRS 686A.670. Applicability. |
NRS 686A.680. Consumer credit reports: Uses; limitations. |
NRS 686A.685. Insurer that uses credit information to provide reasonable exceptions in certain circumstances. |
NRS 686A.690. Reunderwriting or rerating of insured; refund of premium. |
NRS 686A.700. Disclosure of use of credit information. |
NRS 686A.710. Notice requirements after taking adverse action. |
NRS 686A.720. Indemnification of agent by insurer. |
NRS 686A.730. Consumer reporting agencies: Prohibitions; exemptions. |