Nev. Admin. Code § 689B.260 - Annual report

1. An insurer shall submit its annual report regarding its system for resolving complaints as required pursuant to NRS 689B.029 on or before June 1 of each year. The insurer shall retain a copy of the annual report for at least 3 years or until the next examination conducted by the Division, whichever is longer.

2. The insurer is not required to include in the annual report information concerning an oral inquiry by an insured relating to a misunderstanding or miscommunication if the misunderstanding or miscommunication was resolved within 1 working day after the inquiry was made. If the misunderstanding or miscommunication was not resolved within 1 working day, the insurer shall report it as a complaint in the annual report.

Notes

Nev. Admin. Code § 689B.260

Added to NAC by Comm'r of Insurance by R132-98, eff. 3-30-99; A by R008-02, 5-23-2002

NRS 679B.130, 689B.029