An insurer who issues policies of insurance for home protection, other than casualty insurance, may make investments in tangible personal property for use in fulfilling its obligations to repair or replace components, systems or appliances of the home under its contracts of insurance for home protection, in an amount not to exceed 35 percent of its assets, as determined pursuant to NRS 681B.010, unless the Commissioner, whenever the Commissioner deems it appropriate, waives this limitation by regulation.
(Added to NRS by 1981, 1322; A 1999, 1448)
Structure Nevada Revised Statutes
Chapter 690B - Casualty Insurance
NRS 690B.010 - Other applicable provisions.
NRS 690B.017 - Provisions for arbitration not binding.
NRS 690B.035 - Policy covering damage to one or more of operator’s vehicles.
NRS 690B.040 - Policy providing certain automobile coverage in Mexico.
NRS 690B.090 - Issuance authorized.
NRS 690B.110 - Applicability of other provisions.
NRS 690B.140 - Investments in tangible personal property: Limitation; waiver.
NRS 690B.150 - Filing of annual and quarterly statements.
NRS 690B.155 - Provision requiring binding arbitration authorized; procedures for arbitration.
NRS 690B.160 - Contracts: Specifications; cancellation; renewal.
NRS 690B.170 - Contracts: Regulations on content.
NRS 690B.175 - Regulations regarding administrative expenses for insurers and accounting standards.
NRS 690B.180 - Prohibited acts.
NRS 690B.210 - "Claims-made policy" defined.
NRS 690B.220 - "Extended reporting endorsement" defined.
NRS 690B.230 - "Practitioner" defined.
NRS 690B.240 - "Professional liability insurance" defined.
NRS 690B.280 - Disclosure to practitioner of reasons for higher premium.
NRS 690B.410 - "Driver" defined.
NRS 690B.415 - "Monitored autonomous vehicle provider" defined.
NRS 690B.420 - "Transportation network company" defined.
NRS 690B.425 - "Transportation network company insurance" defined.
NRS 690B.430 - "Transportation services" defined.
NRS 690B.460 - Required disclosures by transportation network companies to drivers.
NRS 690B.490 - Required cooperation and sharing of information during investigation.