1. "Premium" means charges for:
(a) Assuming a risk;
(b) Abstracting, searching and examining title to determine insurability; and
(c) Any other activity associated with the assumption of risk.
2. "Premium" does not include charges for:
(a) Escrow;
(b) Settlement or closing; or
(c) Other special services not associated with the assumption of risk,
whether or not they are called premiums.
(Added to NRS by 1977, 977)
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.