"Business of title insurance" or "title insurance business" includes:
1. The issuance of or proposal to issue any policy of title insurance as an insurer, guarantor or indemnitor;
2. The solicitation, negotiation or execution of a policy of title insurance, or the performance of any related services arising out of the execution of a policy of title insurance, excluding reinsurance;
3. The performance by a title insurer, a title agent or an escrow agency owned, in whole or in part, by a title insurer or title agent, of any service in conjunction with the issuance or contemplated issuance of a policy of title insurance, including, but not limited to, the handling of any escrow, settlement or closing in connection therewith, or doing or proposing to do any business which is in substance the equivalent of the services described in this subsection; and
4. The act of a title insurer whereby the title insurer provides a closing protection letter pursuant to NRS 692A.225.
(Added to NRS by 1993, 2333; A 2013, 817)
Structure Nevada Revised Statutes
Chapter 692A - Title Insurance
NRS 692A.015 - "Abstract of title" defined.
NRS 692A.021 - "Applicant" defined.
NRS 692A.022 - "Business of title insurance" and "title insurance business" defined.
NRS 692A.023 - "Commitment to insure" and "preliminary report of title" defined.
NRS 692A.024 - "Escrow" defined.
NRS 692A.028 - "Escrow officer" defined.
NRS 692A.031 - "Net retained liability" defined.
NRS 692A.035 - "Policy of title insurance" and "title policy" defined.
NRS 692A.041 - "Premium" defined.
NRS 692A.050 - "Single risk" defined.
NRS 692A.060 - "Title agent" defined.
NRS 692A.070 - "Title insurer" defined.
NRS 692A.080 - "Title plant company" defined.
NRS 692A.105 - Disciplinary action against title agent or escrow officer or refusal to license.
NRS 692A.107 - Disciplinary action against title insurer or refusal to license.
NRS 692A.109 - Period to remedy deficit or unsafe condition; receivership.
NRS 692A.117 - Confidential records.
NRS 692A.150 - Reserve against unpaid losses and loss expenses.
NRS 692A.160 - Unearned premium reserve.
NRS 692A.200 - Division of rates and charges.