NAC616B.713. Statement of amount of expenditures for claims; amount to be used as source for determining annual expenditures for claims.

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     1. Except as otherwise provided in NAC 616B.7755, an insurer shall provide to the Division a statement showing the amount of expenditures for claims described in NAC 616B.707 for a period designated by the Division.

     2. The statement must be verified and signed by a responsible person employed by the insurer or an authorized agent thereof.

     3. Amounts reported to the Division pursuant to subsection 1 will be used as the source for determining annual expenditures for claims.

(Added to NAC by Dep’t of Industrial Relations, eff. 8-26-83; A 7-29-87; A by Div. of Industrial Relations by R112-98, 12-18-98; R096-99, 11-29-99)

                    
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