NRS 683C.010 – “Insurance consultant” defined.

As used in this chapter, unless the context otherwise requires, “insurance consultant” means a person who, for a fee, holds himself or herself out to the public as engaged in the business of offering advice, counsel, opinion or service with respect to the benefits, advantages or disadvantages promised pursuant to any policy of insurance that […]

NRS 683C.018 – Applicability of other provisions.

The provisions of chapters 679A and 679B of NRS and NRS 683A.301, 683A.341 and 683A.351 apply to an insurance consultant. (Added to NRS by 2003, 3297)

NRS 683C.020 – License required; exceptions; administrative fine.

1. Except as otherwise provided in subsection 2, no person may engage in the business of an insurance consultant unless a license has been issued to the person by the Commissioner. 2. An insurance consultant’s license is not required for: (a) An attorney licensed to practice law in this State who is acting in his […]

NRS 683C.030 – Application for license; requirements; duration of license. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.] Application for license; requirements; duration of license. [Effective on the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]

1. An application for a license to act as an insurance consultant must be submitted to the Commissioner on forms prescribed by the Commissioner and must be accompanied by the applicable license fee set forth in NRS 680B.010 and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110. […]

NRS 683C.035 – Form and prerequisites for approval of application for license; licensing of business organization; verification of information; duration of license; lines of authority.

1. The Commissioner shall prescribe the form of application by a natural person for a license as an insurance consultant. The applicant must declare, under penalty of refusal to issue, or suspension or revocation of, the license, that the statements made in the application are true, correct and complete to the best of his or […]

NRS 683C.040 – Renewal of license; fees; expiration; reinstatement; contents of license; change of address. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.] Renewal of license; fees; expiration; reinstatement; contents of license; change of address. [Effective on the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]

1. A license may be renewed for additional 3-year periods by submitting to the Commissioner an application for renewal and: (a) If the application is made: (1) On or before the renewal date of the license, all applicable renewal fees; or (2) Not more than 30 days after the renewal date of the license, all […]

NRS 683C.043 – Payment of child support: Statement by applicant for license; grounds for denial of license; duty of Commissioner. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]

1. A natural person who applies for the issuance or renewal of a license to act as an insurance consultant shall submit to the Commissioner the statement prescribed by the Division of Welfare and Supportive Services of the Department of Health and Human Services pursuant to NRS 425.520. The statement must be completed and signed […]

NRS 683C.047 – Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]

1. If the Commissioner receives a copy of a court order issued pursuant to NRS 425.540 that provides for the suspension of all professional, occupational and recreational licenses, certificates and permits issued to a person who is the holder of a license to act as an insurance consultant, the Commissioner shall deem the license issued […]

NRS 683C.050 – Requirements for partnership or corporation licensed as insurance consultant.

A partnership or corporation licensed as an insurance consultant must require a license of each natural person who is authorized to act for the corporation or partnership. Each natural person must be named in the partnership’s or corporation’s license and qualify as an individual licensee. (Added to NRS by 1995, 1611)

NRS 683C.060 – Written agreement with client: Required before rendering services; contents; retention; availability.

In advance of rendering any service, a written agreement on a form approved by the Commissioner must be prepared by the insurance consultant and must be signed by both the consultant and the client. The agreement must outline the professional services to be provided by the consultant and state the fee for those services. The […]

NRS 683C.070 – Licensee prohibited from holding other licenses concurrently.

A person licensed pursuant to this chapter may not concurrently hold a license as a producer of insurance or a surplus lines broker’s license in any line. (Added to NRS by 1995, 1611; A 2003, 3299)

NRS 683C.080 – Association with and compensation from certain persons who sell insurance prohibited.

A licensed insurance consultant shall not employ, be employed by or be in partnership with, or receive any remuneration arising out of his or her activities as an insurance consultant from, any licensed producer of insurance or surplus lines broker or insurer. (Added to NRS by 1995, 1611; A 2003, 3299)

NRS 683C.100 – Obligations.

An insurance consultant is obligated under his or her license to: 1. Serve with objectivity and complete loyalty the interests of his or her client; and 2. Render to his or her client information, counsel and service which, to the best of the consultant’s knowledge, understanding and opinion, best serves the client’s insurance needs and […]

NRS 683C.105 – Submission of location of business or change in location of business or residence; penalty.

A licensee shall inform the Commissioner of all locations from which business is conducted and of any change of business or residence address, in writing or by any other means acceptable to the Commissioner, within 30 days after the change. If a licensee changes his or her address without giving written notice and the Commissioner […]

NRS 683C.110 – Nonresident licensees: Service of process; promise to appear.

1. A nonresident who is licensed by this state as an insurance consultant shall appoint the Commissioner, in writing, as his or her attorney upon whom may be served all legal process issued in connection with any action or proceeding brought or pending in this state against or involving the nonresident licensee and relating to […]

NRS 683C.120 – Disciplinary action.

1. The Commissioner may place an insurance consultant on probation, suspend his or her license for not more than 12 months, or revoke or refuse to renew his or her license, or may impose an administrative fine or take any combination of the foregoing actions, for one or more of the causes set forth in […]

NRS 683C.130 – Notice and effect of suspension, limitation or revocation of license.

1. Upon suspension, limitation or revocation of the license of an insurance consultant, the Commissioner shall immediately notify the licensee in person or by mail addressed to the licensee at his or her most recent address of record with the Division. Notice by mail is effective when mailed. 2. The Commissioner shall not again issue […]