Nev. Admin. Code § 679B.033 - Adoption by reference and availability of certain publications regarding examinations and financial evaluations; applicability; revision of publications after adoption; preparation of financial statements
1. The
following publications of the National Association of Insurance Commissioners
are hereby adopted by reference and may be obtained by mail from the National
Association of Insurance Commissioners, Publications Department, 1100 Walnut
Street, Suite 1500, Kansas City, Missouri 64106-2197, or by ordering via
telephone at (816) 783-8300 , or on the Internet at
www.naic.org/account_manager.htm,
or by electronic mail at prodserv@naic.org , at the respective prices
indicated:
(a)
The Financial Condition Examiners Handbook , which may be obtained at the domestic price of $295 and the international price of $325 for a paper copy or a copy on USB.
(b) The Market Regulation Handbook , which
may be obtained at the domestic price of $525 and the international price of
$580 for a paper copy or a copy on USB.
(c) The Market Regulation Handbook -
Examination Standards Summary, which may be obtained free of charge.
(d) The Accounting Practices and Procedures
Manual , which may be obtained at the domestic price of $500 and the
international price of $550 for a paper copy, or at the domestic price of $465
and the international price of $510 for an electronic copy.
(e) The Annual and Quarterly Statement Blanks
for Life and Accident and Health , which may be obtained at the domestic price
of $225 and the international price of $250.
(f) The Annual and Quarterly Statement Blanks
for Property and Casualty, which may be obtained at the domestic price of $225
and the international price of $250.
(g) The Annual and Quarterly Statement Blanks
for Health , which may be obtained at the domestic price of $225 and the
international price of $250.
(h)
The Annual and Quarterly Statement Blanks for Fraternal, which may be obtained
at the domestic price of $225 and the international price of $250.
(i) The Annual and Quarterly Statement Blanks
for Title, which may be obtained at the domestic price of $225 and the
international price of $250.
(j)
The Annual and Quarterly Statement Instructions for Life and Accident and
Health , which may be obtained at the domestic price of $250 and the
international price of $275. Except as otherwise provided in paragraph (l),
these instructions must be used by an insurer that, under its certificate of
authority, transacts health insurance or life insurance, as those terms are
defined in NRS
681A.030 and
681A.040,
respectively.
(k) The Annual and
Quarterly Statement Instructions for Property and Casualty , which may be
obtained at the domestic price of $250 and the international price of $275.
These instructions must be used by an insurer that, under its certificate of
authority, transacts casualty insurance or property insurance, as those terms
are defined in NRS
681A.020 and
681A.060,
respectively.
(l) The Annual and
Quarterly Statement Instructions for Health , which may be obtained at the
domestic price of $250 and the international price of $275. These instructions
must be used by an insurer whose certificate of authority is issued in
accordance with NRS
695B.110,
695C.090,
695D.110 or
695F.100.
(m) The Annual and Quarterly Statement
Instructions for Fraternal, which may be obtained at the domestic price of $250
and the international price of $275. These instructions must be used by an
insurer that, under its certificate of authority, transacts insurance for a
fraternal benefit society, as that term is defined in
NRS
695A.010.
(n) The Annual and Quarterly Statement
Instructions for Title, which may be obtained at the domestic price of $250 and
the international price of $275. These instructions must be used by an insurer
that, under its certificate of authority, transacts title insurance, as that
term is defined in NRS 681A.080.
2. The publications listed in
subsection 1 apply to the:
(a) Conduct and
report of an examination made pursuant to
NRS
679B.230 to
679B.300, inclusive,
695C.310, as amended by section
149 of Assembly Bill No. 83, chapter 376, Statutes of Nevada 2017, at page
2395, and
695D.270; and
(b) Evaluation of the financial condition of
an insurer or organization based on an examination or its annual statement. As
used in this paragraph, "organization" includes:
(1) A health maintenance organization, as
that term is defined in
NRS
695C.030; and
(2) An organization for dental care, as that
term is defined in NRS 695D.060.
3. If any publication
listed in subsection 1 is revised, the Commissioner will review the revision to
determine its suitability for this State. If the Commissioner determines that
the revision is not suitable for this State, he or she will give notice within
30 days after the effective date of the revision. If the Commissioner does not
give notice within 30 days, the revision becomes part of the publication
adopted by reference pursuant to subsection 1. If a revision becomes part of a
publication pursuant to this subsection and a person objects to and is
aggrieved by the revision, that person may request a hearing before the
Commissioner pursuant to
NRS
679B.310 to
679B.370, inclusive.
4. The Market Regulation Handbook will be
used in the examination of the records of an administrator.
5. All persons, including, without
limitation, insurers and health maintenance organizations, required to file
financial statements with the Commissioner shall prepare those statements in
accordance with the appropriate publications adopted by reference in this
section.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.