NRS 679A.010 – Short title.
This title shall be known and may be cited as the Nevada Insurance Code. (Added to NRS by 1971, 1557)
NRS 679A.020 – Definitions.
As used in this Code, unless the context otherwise requires, the words and terms defined in NRS 679A.030 to 679A.130, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 1971, 1557; A 1983, 1933; 1991, 1613; 1993, 1897; 2001, 2179; 2013, 3597)
NRS 679A.030 – “Authorized” and “unauthorized” insurer defined.
1. An “authorized” insurer is one authorized to transact insurance or reinsurance in this State under a subsisting certificate of authority issued by the Commissioner. 2. An “unauthorized” insurer is one not so authorized. (Added to NRS by 1971, 1557; A 1987, 641)
NRS 679A.040 – “Bona fide resident” defined.
“Bona fide resident” means a person who actually resides in this state with domiciliary intent. (Added to NRS by 1971, 1558)
NRS 679A.050 – “Code” defined.
“Code” means the Nevada Insurance Code. (Added to NRS by 1971, 1558)
NRS 679A.060 – “Commissioner” defined.
“Commissioner” means the Commissioner of Insurance. (Added to NRS by 1971, 1558)
NRS 679A.075 – “Crash” defined.
The term “crash” has the same meaning as an incident or event previously referred to as an “accident” when used in reference to motor vehicles. (Added to NRS by 2015, 1694)
NRS 679A.085 – “Division” defined.
“Division” means the Division of Insurance of the Department of Business and Industry. (Added to NRS by 1993, 1897)
NRS 679A.090 – “Domestic,” “foreign” and “alien” insurer defined.
1. A “domestic” insurer is one: (a) Formed under the laws of Nevada, unless it has converted into a foreign insurer; or (b) Which has converted into a domestic insurer. 2. A “foreign” insurer is one: (a) Formed under the laws of any jurisdiction other than this state, unless it has converted into a domestic […]
NRS 679A.092 – “Federal Act” defined.
“Federal Act” means the federal Patient Protection and Affordable Care Act, Public Law 111-148, as amended by the federal Health Care and Education Reconciliation Act of 2010, Public Law 111-152, and any amendments to, or regulations or guidance issued pursuant to, those acts. (Added to NRS by 2013, 3596)
NRS 679A.094 – “Grandfathered plan” defined.
“Grandfathered plan” means a health benefit plan that meets the requirements of 42 U.S.C. § 18011. (Added to NRS by 2013, 3597)
NRS 679A.095 – “Hospice care” defined.
“Hospice care” has the meaning ascribed to it in NRS 449.0115. (Added to NRS by 1983, 1933; A 1989, 1031)
NRS 679A.097 – “Individual” defined.
An “individual” is a natural person. (Added to NRS by 1971, 1559; A 1985, 537)
NRS 679A.100 – “Insurer” defined.
“Insurer” includes every person engaged as principal and as indemnitor, surety or contractor in the business of entering into contracts of insurance. (Added to NRS by 1971, 1558)
NRS 679A.112 – “Policy” defined.
“Policy” means the written contract of or written agreement for or effecting insurance, by whatever name called, and includes all clauses, riders, endorsements and papers which are a part thereof. (Added to NRS by 1981, 1141)
NRS 679A.115 – “Premium” defined.
“Premium” means the consideration for insurance, by whatever name called. The term includes any “assessment,” or any “membership,” “policy,” “survey,” “inspection,” “service” or similar fee or other charge assessed or collected by the insurer or an agent of the insurer in consideration for an insurance contract or its procurement. (Added to NRS by 1981, 1141)
NRS 679A.117 – “Producer of insurance” defined.
“Producer of insurance” means a person required to be licensed under the laws of this state to sell, solicit or negotiate insurance. (Added to NRS by 2001, 2179)
NRS 679A.118 – “Provider of insurance” defined.
“Provider of insurance” includes an insurer, producer of insurance, managing general agent, third-party administrator, organization composed of or using preferred providers of health care, health maintenance organization, commercial bank, trust company, savings and loan association, savings bank, credit union, thrift company, financial holding company, affiliate or subsidiary of an insurer or financial holding company, broker-dealer […]
NRS 679A.119 – “Rating characteristic” defined.
“Rating characteristic” means age, family composition, tobacco use or geographic rating area. (Added to NRS by 2013, 3597)
NRS 679A.120 – “State” defined.
When used in context signifying a jurisdiction other than the State of Nevada, “state” means any state, district, commonwealth, territory or possession of the United States of America. (Added to NRS by 1971, 1559; A 1983, 154)