Current through June 11, 2024
Section 693A.645 - "Controlled insurer" defined"Controlled insurer" means a licensed insurer which is domiciled in this State or an insurer which is domiciled in a state that is not an accredited state and which is controlled by a producer. The term does not include:
1. Residual market pools;2. Joint underwriting authorities or associations; and3. Captive insurers, other than risk retention groups covered by 15 U.S.C. § 3902, 42 U.S.C. § 9673 and chapter 695E of NRS.Nev. Admin. Code § 693A.645
Added to NAC by Comm'r of Insurance, eff. 6-28-96; A by R094-14, eff. 12/21/2015