NRS 616B.460 – Election by employer to purchase industrial insurance from private carrier; cancellation of policy by employer to purchase insurance from another insurer.

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 […]

NRS 616B.461 – Notification of Administrator regarding issuance, renewal, cancellation or reinstatement of policy; investigation of information reported by private carrier.

1. An employer who cancels a policy of industrial insurance issued to the employer by a private carrier shall notify the Administrator in writing within 20 days after the cancellation, specifying the date on which the cancellation became effective, unless the employer’s subsequent insurer is a private carrier who has already notified the Administrator pursuant […]

NRS 616B.463 – Authorization and security required before industrial insurance may be provided by private carrier; private carrier subject to Nevada Insurance Code.

1. Before a private carrier may provide industrial insurance pursuant to chapters 616A to 617, inclusive, of NRS, the private carrier must be authorized by the Commissioner pursuant to chapter 680A of NRS and maintain such security of the kind described in NRS 680A.120 and 680A.140 as may be required. 2. A private carrier shall […]

NRS 616B.466 – Responsibility of private carrier after withdrawal of authorization to provide industrial insurance.

If a private carrier withdraws from providing industrial insurance in this State or its authorization to do so is withdrawn, it remains responsible for all compensation for injuries sustained during the period of coverage stated in its policies. (Added to NRS by 1995, 2002)

NRS 616B.472 – Suspension of authorization of private carrier to provide industrial insurance: Grounds; hearing.

1. The Commissioner shall suspend the authorization of a private carrier to provide industrial insurance for 1 year if, after a hearing thereon, the Commissioner finds that the private carrier has intentionally or repeatedly failed to comply with the provisions of chapters 616A to 616D, inclusive, or chapter 617 of NRS or the regulations of […]

NRS 616B.475 – Requirements for handling claims; employer and private carrier subject to regulations of Division.

The claims of employees and their dependents resulting from injuries while in the employment of employers insured by a private carrier must be handled in the manner provided by chapters 616A to 616D, inclusive, of NRS, and the employer and the private carrier are subject to the regulations of the Division with respect thereto. (Added […]

NRS 616B.584 – Creation and administration of Subsequent Injury Account for Private Carriers; assessment rates, payments and penalties.

1. There is hereby created in the Fund for Workers’ Compensation and Safety in the State Treasury the Subsequent Injury Account for Private Carriers, which may be used only to make payments in accordance with the provisions of NRS 616B.587 and 616B.590. The Administrator shall administer the Account. 2. All assessments, penalties, bonds, securities and […]

NRS 616B.587 – Payment of cost of additional compensation resulting from subsequent injury of employee of employer insured by private carrier.

Except as otherwise provided in NRS 616B.590: 1. If an employee of an employer who is insured by a private carrier has a permanent physical impairment from any cause or origin and incurs a subsequent disability by injury arising out of and in the course of his or her employment which entitles the employee to […]

NRS 616B.590 – Reimbursement of private carrier for cost of additional compensation resulting from subsequent injury.

1. A private carrier who pays compensation due to an employee who has a permanent physical impairment from any cause or origin and incurs a subsequent disability by injury arising out of and in the course of his or her employment which entitles the employee to compensation for disability that is substantially greater by reason […]