Nevada Administrative Code
Chapter 681B - Insurance: Assets and Liabilities
LIFE INSURANCE: ANNUAL OPINIONS AND SUPPORTING MEMORANDA OF QUALIFIED ACTUARIES
Section 681B.170 - Notice to Commissioner regarding appointed actuary
Current through February 27, 2024
1. Each insurer required to submit an opinion of a qualified actuary pursuant to NRS 681B.210 or 681B.220 shall notify the Commissioner, in writing, of:
2. The insurer shall state in the notice required pursuant to subsection 1 that the person appointed as actuary is a qualified actuary.
3. Once notice is furnished pursuant to this section, no further notice is required with respect to the actuary, unless the actuary ceases to be appointed or retained as an appointed actuary or ceases to meet the requirements of a qualified actuary. The insurer shall timely notify the Commissioner, in writing, if the appointed actuary for the insurer ceases to be appointed or retained as an appointed actuary or ceases to meet the requirements of a qualified actuary. If any person appointed or retained as an appointed actuary replaces a previously appointed actuary, the notice must state that the appointed actuary is replacing the previously appointed actuary and give the reasons for the replacement.
Added to NAC by Comm'r of Insurance, eff. 5-23-96; A by R146-12, 10-4-2013
NRS 679B.130, 681B.210, 681B.220