Statutes, codes, and regulations
Nevada Revised Statutes
Title 57 - INSURANCEChapter 686B - RATES AND ESSENTIAL INSURANCERATES AND SERVICE ORGANIZATIONS
ADVISORY ORGANIZATION FOR INDUSTRIAL INSURANCE
Section 686B.178 - Disapproval of rates: Commissioner required to issue written order stating reasons for disapproval and date by which insurer must discontinue use of rate

Nev. Rev. Stat. § 686B.178

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Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 686B.178 - Disapproval of rates: Commissioner required to issue written order stating reasons for disapproval and date by which insurer must discontinue use of rate

If the Commissioner disapproves a rate, the Commissioner shall issue a written order stating the reasons for the disapproval and stating the date when the rate must no longer be used for policies which are issued or renewed. The date established by the Commissioner must be within a reasonable period after the written order is issued. The Commissioner shall issue the order within 30 days after the hearing. The Commissioner may require that the premiums be adjusted after the date of the order for those policies in effect on the date of the order.

NRS 686B.178

Added to NRS by 1995, 2053
Added to NRS by 1995, 2053