NAC680A.205. Exemption to be granted or denied by Commissioner; hearing.

Upon written application of an insurer or group of insurers, the Commissioner may grant an exemption from compliance with any or all provisions of NAC 680A.173 to 680A.211, inclusive, if the Commissioner finds, upon review of the application, that compliance with any or all of the provisions of NAC 680A.173 to 680A.211, inclusive, would constitute a financial or organizational hardship upon the insurer or group of insurers. An exemption may be granted at any time and from time to time for a specified period or periods. Within 10 days after a denial of an insurer’s written request for an exemption from any or all provisions of NAC 680A.173 to 680A.211, inclusive, the insurer may request in writing a hearing on its application for an exemption. The hearing must be held in accordance with the provisions of NAC 679B.161 to 679B.480, inclusive.

     (Added to NAC by Comm’r of Insurance by R205-08, 11-25-2009, eff. 1-1-2010)