Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter616B Industrial Insurance: Insurers; Liability for Provision of Coverage |
ASSESSMENTS |
NAC616B.692. “Expected annual expenditures for claims” defined.
Latest version.
- “Expected annual expenditures for claims” means an estimate of the total amount of money to be paid for compensation in a fiscal year for injuries occurring on or after July 1, 1999, including those costs of claims covered under a policy of reinsurance or a policy of excess insurance, by an insurer or its third-party administrator pursuant to chapters 616A to 617, inclusive, of NRS.
(Added to NAC by Dep’t of Industrial Relations, eff. 8-26-83; A by Div. of Industrial Relations by R096-99, 11-29-99)