Authorization of Insurers and General Requirements

  1. Law
  2. Nevada Revised Statutes
  3. Authorization of Insurers and General Requirements

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Section
680A.010

Definitions.

Section
680A.020

"Charter" defined.

Section
680A.028

"Multiple employer welfare arrangement" defined.

Section
680A.030

"Mutual" insurer defined.

Section
680A.040

"Reciprocal" insurer defined.

Section
680A.050

"Stock" insurer defined.

Section
680A.058

Applicability of chapter to self-funded multiple employer welfare arrangements.

Section
680A.060

Certificate of authority required; penalty.

Section
680A.070

Exceptions to requirement of certificate of authority.

Section
680A.080

Eligibility for certificate of authority: General requirements.

Section
680A.082

Eligibility for certificate of authority: Additional requirements for self-funded multiple employer welfare arrangements.

Section
680A.090

Eligibility for certificate of authority: Ownership; management.

Section
680A.095

Certificate of authority required to transact reinsurance; eligibility for certificate; exceptions.

Section
680A.100

Name of insurer.

Section
680A.110

Combinations of insuring powers.

Section
680A.120

Required capital.

Section
680A.130

Combinations of insurance for which additional capital not required.

Section
680A.140

Required deposit; deposit in other state.

Section
680A.150

Application for certificate of authority.

Section
680A.155

Payment of taxes and penalties by certain applicants.

Section
680A.160

Issuance or refusal of certificate of authority; contents and ownership of certificate.

Section
680A.165

Insurer’s duty to notify Commissioner of all material changes to information provided in application for certificate of authority; suspension or revocation of certificate for failure to provide such notice; administrative fines.

Section
680A.170

Amended certificate of authority.

Section
680A.173

Transfer of insurer’s domicile: Foreign insurer may become domestic insurer.

Section
680A.175

Transfer of insurer’s domicile: Termination of status as domestic insurer; qualification as foreign insurer.

Section
680A.177

Transfer of insurer’s domicile: Duties of insurer; effect on policies.

Section
680A.180

Continuance, expiration and reinstatement of certificate of authority.

Section
680A.190

Suspension or revocation of certificate of authority: Mandatory grounds.

Section
680A.200

Suspension, limitation or revocation of certificate of authority: Grounds; notice.

Section
680A.205

Determination of hazardous financial condition of insurer: Regulations; hearing; disciplinary actions; review of order.

Section
680A.210

Order and notice of suspension, limitation or revocation of certificate; effect on agents’ authority.

Section
680A.220

Duration of suspension; insurer’s obligations during suspension period; reinstatement.

Section
680A.230

Applicability of general corporation laws to foreign insurers.

Section
680A.240

Additional titles.

Section
680A.250

Commissioner agent for service of process for certain insurers.

Section
680A.260

Method of serving process; extension of time to appear; record.

Section
680A.265

Filing of annual financial statement; reporting of violation of law found during audit; penalty for failure to file statement; consolidation of statements prohibited; regulations.

Section
680A.270

Filing of annual statement and payment of fee by authorized insurers; statement of alien insurer; filing of quarterly statement by domestic insurer; regulations; confidentiality of certain information.

Section
680A.280

Penalties for late or false statements.

Section
680A.300

Agent required; execution of emergency bond.

Section
680A.310

Exceptions to requirements for countersignature by agent.

Section
680A.320

Transaction with parent corporation, financial holding company, depository institution, subsidiary or affiliated person.

Section
680A.330

Retaliatory provision.

Section
680A.500

Definitions.

Section
680A.510

"Deliver by electronic means" defined.

Section
680A.520

"Party" defined.

Section
680A.530

Applicability.

Section
680A.540

Notice or other document may be delivered by electronic means in certain circumstances; delivery by electronic means satisfies requirements of Nevada Insurance Code.

Section
680A.550

Requirements for delivery of notice or other document by electronic means.

Section
680A.560

Circumstances in which insurer shall cease delivery by electronic means.

Section
680A.570

Withdrawal of consent to delivery by electronic means.

Section
680A.580

Effect of consent to delivery by electronic means given before October 1, 2017.

Section
680A.590

Enforceability of contract or policy of insurance if electronic consent or confirmation of consent not obtained; producer of insurance not subject to civil liability for delivery or failure to deliver by electronic means; relation to Electronic Signatures in Global and National Commerce Act.

Section
680A.600

Insurer may satisfy requirement to mail or deliver a standard policy or standard endorsement which does not contain personally identifiable information by posting on Internet website in certain circumstances.