Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter681B Insurance: Assets and Liabilities |
RISK-BASED CAPITAL OF INSURERS |
Report on Risk-Based Capital |
NAC681B.475. Requirements for filing report.
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1. A report filed by a domestic or foreign insurer pursuant to NRS 681B.290 must be in such form and contain such information as is required by the instructions relating to risk-based capital.
2. The insurer shall file its report on risk-based capital with:
(a) The Commissioner;
(b) The National Association of Insurance Commissioners, in accordance with the instructions relating to risk-based capital; and
(c) The Insurance Commissioner or chief regulatory officer for insurance of each state in which the insurer is authorized to do business, if the Insurance Commissioner or chief regulatory officer for insurance of that state requests such a report from the insurer. Upon receiving such a request, the insurer shall file its report on risk-based capital pursuant to this paragraph not later than 15 days after the date on which it received the request or not later than the filing date set forth by the laws of the requesting state, whichever occurs later.
(Added to NAC by Comm’r of Insurance by R088-97, eff. 3-19-98)