NAC681B.595. Use of information by Commissioner.

     1. The Commissioner will use the instructions relating to risk-based capital and any report, adjusted report, or plan or revised plan for risk-based capital submitted to the Commissioner or in his or her possession pursuant to NAC 681B.400 to 681B.595, inclusive, only to monitor the solvency of insurers transacting insurance in this State and to determine the need for corrective action with respect to the solvency of those insurers.

     2. Unless otherwise authorized by specific statute, the Commissioner will not:

     (a) Use any information contained in the instructions relating to risk-based capital or any report, adjusted report, plan or revised plan in making or determining rates for insurers transacting insurance in this State;

     (b) Consider or introduce such information as evidence in any rate proceeding; or

     (c) Use such information to calculate or derive any elements of an appropriate premium level or rate of return for any line of insurance that an insurer or any affiliate of the insurer is authorized to write.

     (Added to NAC by Comm’r of Insurance by R088-97, eff. 3-19-98)