NAC616B.716. Estimate of annual expenditures for claims.

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If the amount of annual expenditures for claims paid by any insurer is not provided to the Division within the required time, the Division will estimate that amount in order to calculate the assessment to be made against the insurer. The estimate will be based upon the insurer’s previous history of expenditures for claims or other available data.

(Added to NAC by Dep’t of Industrial Relations, eff. 8-26-83)—(Substituted in revision for NAC 616.5451)

                    
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