NAC683A.317. Renewal of appointment of producer of insurance: Verification of records; fee.

     1. Pursuant to subsection 4 of NRS 683A.321, an insurer shall annually renew each appointment of a producer of insurance who acts as his or her agent. An appointment as a producer expires on June 30 of each year beginning June 30, 2002.

     2. Before June 30, 2002, each insurer shall verify that the records of the insurer and those of the Division are the same. Verification can be made:

     (a) Electronically through a vendor that provides information concerning appointments of producers of insurance; or

     (b) By written request to the Division and payment of the appropriate fee.

     3. The Division shall send an invoice to each insurer before July 1 of each year for all appointments that are active on the database of the Division as of June 30. The insurer shall return the invoice to the Division with full payment of the requested amount to renew the appointments. Any insurer who disputes the amount of the invoice must file a written complaint with the Division that explains the reason why the insurer disagrees with the fee. The Division will not issue a refund, but the Division may issue a credit, if a discrepancy is the result of an error made by the Division.

     (Added to NAC by Comm’r of Insurance, eff. 1-18-96; A by R172-01, 7-5-2002)