The Nonadmitted Insurance Law shall not apply to reinsurance, or to the following insurances when placed by general lines agents or general lines brokers or surplus lines brokers licensed as such by this state or when procured directly by an insured from a nonadmitted insurer:
1. Wet marine and transportation insurance;
2. Insurance of subjects located, resident or to be performed wholly outside of this state, or on vehicles or aircraft owned and principally garaged outside this state;
3. Insurance of property and operations of railroads engaged in interstate commerce;
4. Insurance of aircraft of common carriers, or cargo of such aircraft, or against liability, other than employer’s liability, arising out of the ownership, maintenance or use of such aircraft; or
5. Insurance of automobile bodily injury and property damage liability risks when written in Mexican insurers and covering in Mexico and not in the United States of America.
(Added to NRS by 1971, 1673; A 2011, 2012)
Structure Nevada Revised Statutes
Chapter 685A - Nonadmitted Insurance
NRS 685A.031 - "Broker" defined.
NRS 685A.0315 - "Domestic surplus lines insurer" defined.
NRS 685A.032 - "Exempt commercial purchaser" defined.
NRS 685A.033 - "Export" defined.
NRS 685A.034 - "Home state" defined.
NRS 685A.035 - "Independently procured insurance" defined.
NRS 685A.036 - "Multi-state risk" defined.
NRS 685A.037 - "Nonadmitted insurance" defined.
NRS 685A.0375 - "Nonadmitted insurer" defined.
NRS 685A.038 - "Principal place of business" defined.
NRS 685A.0385 - "Principal residence" defined.
NRS 685A.039 - "Surplus lines insurance" defined.
NRS 685A.040 - Conditions for export.
NRS 685A.050 - Broker’s report.
NRS 685A.060 - Open lines for export.
NRS 685A.070 - Eligible insurers.
NRS 685A.080 - Evidence of insurance; changes; penalty.
NRS 685A.090 - Contracts for nonadmitted coverage: Requirements.
NRS 685A.100 - Coverage from unauthorized insurer valid.
NRS 685A.110 - Liability of insurer.
NRS 685A.140 - Suspension or revocation of broker’s license.
NRS 685A.155 - Broker authorized to charge fee for procuring coverage; maximum amount of fee.
NRS 685A.160 - Records of broker.
NRS 685A.175 - Quarterly report and payment of tax by certain brokers.
NRS 685A.180 - Tax on surplus lines.
NRS 685A.190 - Failure to file statement or pay tax; penalties; statute of limitations.
NRS 685A.200 - Suit against unauthorized insurers; venue; process.
NRS 685A.205 - Regulations: Compliance with federal law relating to nonadmitted insurance.