Nev. Admin. Code § 616B.620 - Policy of industrial insurance: Approval and modification of forms

1. Except as otherwise provided in subsection 2, an insurer shall file with the Commissioner for approval each form for a policy of industrial insurance that the insurer intends to use and any modification to such a form. If the Commissioner does not disapprove a form or a modification to a form within 60 days after it has been filed, the form or modification to the form shall be deemed approved.

2. An insurer may modify a form for a policy of industrial insurance without filing the modified form with the Commissioner pursuant to subsection 1 if:

(a) The insurer uses a form for a policy of industrial insurance that was filed by the Advisory Organization pursuant to NRS 686B.1765 and approved by the Commissioner;

(b) The modification to the form and any use of the form are consistent with the manual of rules that was filed by the Advisory Organization pursuant to NRS 686B.1765 and approved by the Commissioner; and

(c) The modification is limited to:

(1) The inclusion of the name or logo of the insurer on the form; or

(2) The format of the form, including, without limitation, the size of the type used on the form.

3. As used in this section, "Advisory Organization" has the meaning ascribed to it in NRS 686B.1752.

Notes

Nev. Admin. Code § 616B.620

Added to NAC by Comm'r of Insurance by R111-98, 3-12-99, eff. 7-1-99

NRS 616B.030, 679B.130