Nevada Administrative Code
Chapter 686B - Rates and Essential Insurance
MISCELLANEOUS PROVISIONS
Section 686B.500 - Filing and forwarding of supporting data regarding rates
Universal Citation: NV Admin Code 686B.500
Current through September 16, 2024
1. An insurer or rate service organization shall promptly forward to the Division any of the following information requested by the Division for each filing of supporting data required by the Commissioner pursuant to NRS 686B.100:
(a) Relevant profitability reports.
(b) Descriptions of the components of
losses.
(c) Components of expenses
for both current and proposed rates, excluding the items for loss adjustment
expenses.
(d) Income earned on the
money of policyholders that is expressed as a percentage of earned
premium.
(e) Any other related
matters or actuarial information that is requested.
2. An insurer or rate service organization shall, at the request of the Division, forward a copy of the filing to any other person named by the Division. The insurer or rate service organization shall provide to the Division satisfactory proof that the filing was forwarded to that person.
Added to NAC by Comm'r of Insurance, eff. 1-27-92
NRS 679B.130, 686B.100
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