Failure of insurer or its authorized agent to report certain information regarding producer of insurance; report of such information with actual malice.

  1. Law
  2. Nevada Revised Statutes
  3. Persons Involved in Sale or Administration of Insurance
  4. Failure of insurer or its authorized agent to report certain information regarding producer of insurance; report of such information with actual malice.

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An insurer or its authorized representative who fails to report as required by NRS 683A.331 or is found by a court of competent jurisdiction to have reported with actual malice is subject to the suspension or revocation of its license, after notice and hearing, and may be further punished by a fine under NRS 679A.180.

(Added to NRS by 2001, 2200)


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