Nevada Revised Statutes
Chapter 690B - Casualty Insurance
NRS 690B.290 - Insurer offering to issue claims-made policy required to offer extended reporting endorsement to certain practitioners; disclosure of formula used to determine premium.

If an insurer offers to issue a claims-made policy to a practitioner licensed pursuant to chapter 630, 631, 632 or 633 of NRS, the insurer shall:
1. Offer to issue an extended reporting endorsement to the practitioner; and
2. Disclose to the practitioner the cost formula that the insurer uses to determine the premium for the extended reporting endorsement. The cost formula must be based on:
(a) An amount that is not more than twice the amount of the premium for the claims-made policy at the time of the termination of that policy; and
(b) The rates filed by the insurer and approved by the Commissioner.
(Added to NRS by 2003, 922)

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Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 690B - Casualty Insurance

NRS 690B.010 - Other applicable provisions.

NRS 690B.012 - Claims: Approval or denial; request for additional information or time; payment; interest on unpaid claim.

NRS 690B.016 - Insurer required to notify insured or claimant of right to have repairs made at licensed body shop of his or her choice; prohibition against insurer’s knowing recommendation of unlicensed body shop or required patronization of particul...

NRS 690B.017 - Provisions for arbitration not binding.

NRS 690B.020 - Coverage for uninsured or hit-and-run vehicles required; exceptions; insolvency of insurer; payment; presumption.

NRS 690B.023 - Evidence of insurance: Insurer required to provide to insured on approved form; contents; electronic format; liability for damages to mobile electronic device presented to provide such evidence.

NRS 690B.024 - Authority of claimant to authorize other party to receive certain information; obligation of insurer of other party to provide certain information relating to claim for compensation under policy of motor vehicle insurance.

NRS 690B.025 - Primary and excess coverage; garage operator who loans vehicle to customer required to provide notice to customer regarding coverage; modification of provision by written agreement; applicability.

NRS 690B.028 - Insurer prohibited from taking adverse action because of violation of speed limit in certain cases.

NRS 690B.029 - Mandatory provision for reduction of premiums for persons 55 years of age or older in certain circumstances; requirements relating to course of traffic safety; approval of policy by Commissioner.

NRS 690B.031 - Reduction in premium of certain policies of insurance required if motor vehicle is equipped with air bag and other safety device; calculation; approval of Commissioner.

NRS 690B.035 - Policy covering damage to one or more of operator’s vehicles.

NRS 690B.037 - Authority of owner or authorized agent to give consent for towing and storage of damaged motor vehicle.

NRS 690B.040 - Policy providing certain automobile coverage in Mexico.

NRS 690B.090 - Issuance authorized.

NRS 690B.100 - Definitions.

NRS 690B.110 - Applicability of other provisions.

NRS 690B.120 - Exemption of person selling insurance from licensing requirements as agent, broker or solicitor.

NRS 690B.130 - Deposit of securities or surety bond; maintenance of capital stock or surplus, premium reserves and losses and loss expense reserves.

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.200 - Definitions.

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.250 - Practitioners of the healing arts: Reports to licensing boards; availability for public inspection.

NRS 690B.270 - Disclosure to practitioner of reasons for failure to issue professional liability insurance.

NRS 690B.280 - Disclosure to practitioner of reasons for higher premium.

NRS 690B.290 - Insurer offering to issue claims-made policy required to offer extended reporting endorsement to certain practitioners; disclosure of formula used to determine premium.

NRS 690B.300 - Prohibition against setting different premium rates based on number of babies delivered for certain practitioners; exception.

NRS 690B.310 - Prohibition against confidentiality of certain information relating to settlement of claim or action for breach of professional duty of certain practitioners.

NRS 690B.320 - Additional requirements for insurer offering to issue claims-made policy to certain practitioners.

NRS 690B.330 - Required reduction in premium for implementation of qualified risk management system; regulations; applicability.

NRS 690B.350 - Essential medical specialties: Determination, cancellation, termination or nonrenewal of professional liability insurance.

NRS 690B.360 - Information pertinent to monitoring compliance with applicable standards for rates: Commissioner authorized to collect; analysis; report to Legislature required under certain circumstances.

NRS 690B.400 - Definitions.

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.450 - Applicability.

NRS 690B.460 - Required disclosures by transportation network companies to drivers.

NRS 690B.470 - Transportation network company insurance: Minimum coverage requirements for drivers, transportation network companies and monitored autonomous vehicle providers; additional coverage; duties of insurer; payment of claims; transportation...

NRS 690B.480 - Insurer not required to offer transportation network company insurance; authority of insurer to offer transportation network company insurance and charge additional premium; rights of insurer excluding transportation network company in...

NRS 690B.490 - Required cooperation and sharing of information during investigation.

NRS 690B.493 - Monitored autonomous vehicle required to contain evidence of coverage; provision of proof of coverage and certain disclosure to law enforcement and other party if vehicle involved in accident or motor vehicle crash.

NRS 690B.495 - Driver required to carry evidence of coverage; required provision of proof of coverage and certain disclosure to law enforcement officer and party required if driver involved in accident or motor vehicle crash.