Section 686A.Sec. 2 - NEW1. An insurer that uses information from a consumer credit report shall not increase a policyholder's premium or make an adverse underwriting decision as a result of any change in the policyholder's consumer credit report or insurance score which occurred on or after March 1, 2020, and on or before the date which is 2 years after the termination date of the Declaration of Emergency for COVID-19 issued by the Governor on March 12, 2020.2. Every such change in the policyholder's consumer credit report or insurance score which occurred during the period of time described in subsection 1 shall be deemed by the Commissioner to be: (a) Caused by the COVID-19 emergency, which is the subject of the Declaration of Emergency mentioned in subsection 1;(b) Independent of the choice or the financial management decisions of any applicable individual; and(c) Unrelated to expected losses and expenses for all lines of insurance.3. Any increase in a premium or adverse underwriting decision which violates the prohibition in subsection 1 shall be deemed by the Commissioner to be unfairly discriminatory.4. As used in this section, "adverse underwriting decision" has the meaning ascribed to it in NAC 679B.565.Nev. Admin. Code § 686A.Sec. 2
Added to NAC by Comm'r of Insurance by R087-20A, eff. 12/18/2020NRS 679B.130, 679B.150, 686A.015, 686A.100, 686A.130 and 686A.680