Nev. Admin. Code § 679A.Sec. 4 - NEW

1. If a policy of liability insurance subject to the provisions of section 1 of Assembly Bill No. 398, chapter 191, Statutes of Nevada 2023, at page 1110, limits defense coverage and is required to be filed for approval with the Commissioner:

(a) The policy of liability insurance must make defense coverage available at the limit for defense coverage selected by the insured; and

(b) The limit for defense coverage selected by the insured, including, without limitation, a limit of $0, must be included on the declarations page of the policy.

2. As used in this section, "defense coverage" means coverage for the costs of defense, legal costs and fees and other expenses for claims.

Notes

Nev. Admin. Code § 679A.Sec. 4

Added to NAC by Comm'r of Insurance by R029-23A, eff. 10/1/2023

NRS 679B.130