The rates and premiums charged for insurance policies to which this chapter applies shall include amounts sufficient to recoup a sum equal to the amounts paid to the Association by the member insurer less any amounts returned to the member insurer by the Association, or less any premium tax credits allowed under this chapter, and such rates shall not be deemed excessive as a result of containing such recoupment allowances.
(Added to NRS by 1971, 1949)
Structure Nevada Revised Statutes
Chapter 687A - Nevada Insurance Guaranty Association
NRS 687A.031 - "Association" defined.
NRS 687A.032 - "Assumed claims transaction" defined.
NRS 687A.033 - "Covered claim" defined.
NRS 687A.035 - "Insolvent insurer" defined.
NRS 687A.037 - "Member insurer" defined.
NRS 687A.039 - "Net direct written premiums" defined.
NRS 687A.0393 - "Person" defined.
NRS 687A.0395 - "Self-insurer" defined.
NRS 687A.040 - Creation; membership; operation.
NRS 687A.050 - Board of Directors: Members; vacancies; reimbursement of expenses.
NRS 687A.060 - Obligations, rights, powers and duties of Association; actions involving Association.
NRS 687A.080 - Powers and duties of Commissioner.
NRS 687A.090 - Subrogation; exceptions.
NRS 687A.095 - Claim against person insured by insolvent insurer which is not covered claim.
NRS 687A.097 - Limitations on certain claims against person insured by insolvent insurer.
NRS 687A.100 - Exhaustion of remedies of insured.
NRS 687A.103 - Reimbursement of Association by insolvent insurer.
NRS 687A.110 - Detection and prevention of insolvency: Powers of Board of Directors.
NRS 687A.115 - Detection and prevention of insolvency: Powers of Commissioner.
NRS 687A.120 - Examination of Association; annual financial report.
NRS 687A.130 - Exemption of Association from payment of fees and taxes; exception.
NRS 687A.140 - Rates and premiums to include recoupment of amount paid by Association.