NAC686B.331. “Participating insurer” defined.  


Latest version.
  • “Participating insurer” means an insurer licensed to transact the business of property and casualty insurance in this State which:

         1. Has a market share for a type or class of insurance greater than the amounts established in NAC 686B.385; and

         2. Is required to report on a quarterly or annual basis.

     (Added to NAC by Comm’r of Insurance, eff. 1-12-89)