The Advisory Organization may:
1. Develop statistical plans including definitions for the classification of risks.
2. Collect statistical data from its members and subscribers or any other reliable source.
3. Prepare and distribute data on prospective loss costs.
4. Prepare and distribute manuals of rules and schedules for rating which do not permit calculating the final rates without using information other than the information in the manual.
5. Distribute any information filed with the Commissioner which is open to public inspection.
6. Conduct research and collect statistics to discover, identify and classify information on the causes and prevention of losses.
7. Prepare and file forms and endorsements for policies and consult with its members, subscribers and any other knowledgeable persons on their use.
8. Collect, compile and distribute information on the past and current premiums charged by individual insurers if the information is available for public inspection.
9. Conduct research and collect information to determine what effect changes in benefits to injured employees pursuant to chapters 616A to 617, inclusive, of NRS will have on prospective loss costs.
10. Prepare and distribute rules and rating values for the Uniform Plan for Rating Experience.
11. Calculate and provide to the insurer the modification of premiums based on the individual employer’s losses.
12. Assist an individual insurer to develop rates, supplementary rate information or other supporting information if authorized to do so by the insurer.
(Added to NRS by 1995, 2050; A 1997, 1450, 1451; 1999, 444, 2220, 2224; 2001, 154)
Structure Nevada Revised Statutes
Chapter 686B - Rates and Essential Insurance
NRS 686B.010 - Construction and purposes.
NRS 686B.060 - Determination of whether rates comply with standards.
NRS 686B.080 - Filing and supporting information open to public inspection; copies; exceptions.
NRS 686B.100 - Filing of supporting data.
NRS 686B.115 - Hearing on rates open to public; cost for transcripts; public testimony.
NRS 686B.117 - Intervention in hearing on rates.
NRS 686B.125 - Limitation on rates for coverage for dental care; exception.
NRS 686B.150 - Binding agreements by insurers relating to rates and rules.
NRS 686B.170 - Examination of service organizations by Commissioner.
NRS 686B.1752 - "Advisory Organization" defined.
NRS 686B.1753 - "Basic premium rate" defined.
NRS 686B.1754 - "Classification of risks" defined.
NRS 686B.1755 - "Expenses" defined.
NRS 686B.1757 - "Industrial insurance" defined.
NRS 686B.1759 - "Insurer" defined.
NRS 686B.17595 - "Large-deductible agreement" defined.
NRS 686B.176 - "Plan for rating experience" defined.
NRS 686B.17605 - "Prospective loss cost" defined.
NRS 686B.1761 - "Rate" defined.
NRS 686B.1762 - "Willful" defined.
NRS 686B.1763 - Applicability of provisions; Commissioner required to administer provisions.
NRS 686B.1764 - Designation as statistical agent; duties.
NRS 686B.1767 - Prohibited acts by advisory organization.
NRS 686B.1769 - Uniform Plan for Rating Experience: Requirements; use.
NRS 686B.177 - Rating information to be filed with Commissioner; approval of rates.
NRS 686B.1779 - Disapproval of rates: Authority of Commissioner; required grounds.
NRS 686B.1785 - Request for reconsideration of rates by Advisory Organization or insurer; appeal.
NRS 686B.1786 - Large-deductible agreements: Applicability.
NRS 686B.1789 - Provisions governing hearing.
NRS 686B.179 - Revocation or suspension of license.
NRS 686B.180 - Unavailability of essential coverage; plans for providing coverage; regulations.
NRS 686B.185 - Immunity of Commissioner and association.
NRS 686B.200 - Voluntary plan for sharing risks: Submission to and approval by Commissioner.
NRS 686B.230 - Nevada Essential Insurance Association: General powers.
NRS 686B.240 - Nevada Essential Insurance Association: Powers of Commissioner and Association.
NRS 686B.250 - Nevada Essential Insurance Association: Immunity from liability.
NRS 686B.260 - Conversion into domestic stock insurer: "Insured" defined.
NRS 686B.290 - Conversion into domestic stock insurer: Notice to insurers and insureds; hearing.
NRS 686B.310 - Conversion into domestic stock insurer: Capitalization.
NRS 686B.320 - Conversion into domestic stock insurer: Issuance of certificate of authority.