1. If the Commissioner believes that any person engaged in the insurance business is in the conduct of such business engaging in this state in any method of competition or in any act or practice not defined in NRS 686A.010 to 686A.310, inclusive, which is unfair or deceptive and that a proceeding by the Commissioner in respect thereto would be in the public interest, the Commissioner shall, after a hearing of which notice and of the charges against such person are given to the person, make a written report of the findings of fact relative to such charges and serve a copy thereof upon such person and any intervener at the hearing.
2. If such report charges a violation of NRS 686A.010 to 686A.310, inclusive, and if such method of competition, act or practice has not been discontinued, the Commissioner may, through the Attorney General, at any time after 20 days after the service of such report cause an action to be instituted in the district court of the county wherein the person resides or has his or her principal place of business to enjoin and restrain such person from engaging in such method, act or practice. The court shall have jurisdiction of the proceeding and shall have power to make and enter appropriate orders in connection therewith and to issue such writs or orders as are ancillary to its jurisdiction or necessary in its judgment to prevent injury to the public pendente lite; but the State of Nevada shall not be required to give security before the issuance of any such order or injunction under this section. If a stenographic record of the proceedings in the hearing before the Commissioner was made, a certified transcript thereof including all evidence taken and the report and findings shall be received in evidence in such action.
3. If the court finds that:
(a) The method of competition complained of is unfair or deceptive;
(b) The proceedings by the Commissioner with respect thereto are to the interest of the public; and
(c) The findings of the Commissioner are supported by the weight of the evidence,
it shall issue its order enjoining and restraining the continuance of such method of competition, act or practice.
4. Either party may appeal from such final judgment or order or decree of court in a like manner as provided for appeals in civil cases.
5. If the Commissioner’s report made under subsection 1 or order on hearing made under NRS 679B.360 does not charge a violation of NRS 686A.010 to 686A.310, inclusive, then any intervener in the proceedings may appeal therefrom within the time and in the manner provided in this Code for appeals from the Commissioner generally.
6. Upon violation of any injunction issued under this section, the Commissioner, after a hearing thereon, may impose the appropriate penalties provided for in NRS 686A.187.
(Added to NRS by 1971, 1693; A 1975, 1288)
Structure Nevada Revised Statutes
Chapter 686A - Trade Practices and Frauds; Financing of Premiums
NRS 686A.020 - Unfair methods of competition and unfair or deceptive acts or practices prohibited.
NRS 686A.030 - Misrepresentation and false or misleading advertising of policies prohibited.
NRS 686A.040 - False, deceptive or misleading information and advertising prohibited.
NRS 686A.050 - "Twisting" prohibited.
NRS 686A.060 - Replacement of life insurance: Statements required to be given to policyholder.
NRS 686A.100 - Life insurance, annuities and health insurance: Unfair discrimination prohibited.
NRS 686A.140 - Violations concerning rebates and inducements: Penalties; effect.
NRS 686A.160 - Enforcement: Prohibited methods, acts or practices.
NRS 686A.170 - Enforcement: Undefined practices.
NRS 686A.180 - Service of process upon unauthorized insurers.
NRS 686A.185 - Review and finality of Commissioner’s orders.
NRS 686A.187 - Penalties for violating cease and desist order.
NRS 686A.190 - Interlocking ownership or management; serving as director of competing insurers.
NRS 686A.200 - Plan or transaction involving favored agent or insurer prohibited; exception.
NRS 686A.210 - Service and processing charges prohibited.
NRS 686A.240 - Favoritism to groups prohibited; exceptions.
NRS 686A.260 - Revocation or suspension of license for violation of laws of other state.
NRS 686A.270 - Knowledge of insurer of prohibited acts required for violation.
NRS 686A.2815 - "Insurance fraud" defined.
NRS 686A.282 - "Investigative or law enforcement agency" defined.
NRS 686A.291 - Criminal penalty for insurance fraud.
NRS 686A.310 - Unfair practices in settling claims; liability of insurer for damages.
NRS 686A.335 - Applicability of chapter 696B of NRS.
NRS 686A.340 - Engaging in business of company without license prohibited; exception.
NRS 686A.350 - Exemptions from requirement of licensing.
NRS 686A.380 - Renewal of license.
NRS 686A.390 - Approval of forms.
NRS 686A.400 - Records: Maintenance; form of preservation; open to Commissioner.
NRS 686A.410 - Examination of company by Commissioner.
NRS 686A.420 - Contents of agreement.
NRS 686A.430 - Furnishing of completed copy of agreement to insured.
NRS 686A.440 - Interest; service charge; prepayment.
NRS 686A.470 - Return of unearned premium and commission.
NRS 686A.520 - Applicability of other provisions.
NRS 686A.610 - "Adverse action" defined.
NRS 686A.620 - "Affiliate" defined.
NRS 686A.630 - "Consumer credit report" defined.
NRS 686A.640 - "Consumer reporting agency" defined.
NRS 686A.650 - "Credit information" defined.
NRS 686A.660 - "Insurance score" defined.
NRS 686A.680 - Consumer credit reports: Uses; limitations.
NRS 686A.690 - Reunderwriting or rerating of insured; refund of premium.
NRS 686A.700 - Disclosure of use of credit information.
NRS 686A.710 - Notice requirements after taking adverse action.
NRS 686A.720 - Indemnification of agent by insurer.
NRS 686A.730 - Consumer reporting agencies: Prohibitions; exemptions.