Election by employer to purchase industrial insurance from private carrier; cancellation of policy by employer to purchase insurance from another insurer.

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1. An employer may elect to purchase industrial insurance from a private carrier for his or her employees pursuant to chapters 616A to 617, inclusive, of NRS.

2. An employer who cancels a policy of industrial insurance to elect to purchase insurance from an insurer other than the employer’s present insurer shall comply with the reporting requirements of NRS 616B.461.

(Added to NRS by 1995, 2000; A 1999, 1771, 2414; 2001, 115, 803)


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