NAC686B.460. Refiling of previously approved rates and loss costs; use of previously filed rates, loss costs and deviations.

     1. Except as otherwise provided in subsection 2, NAC 686B.400 to 686B.460, inclusive, do not require a rate service organization or its participating insurers to refile a rate or loss cost previously approved by the Commissioner.

     2. A participating insurer of a rate service organization may continue to use any rate, loss cost or deviation filed and approved for its use until:

     (a) The rate, loss cost or deviation is disapproved; or

     (b) The insurer makes its own filing to change its rate by making an independent filing or by filing a reference filing adoption form that adopts the prospective rates or loss costs of a rate service organization or an adjustment to the prospective rates or loss costs by the insurer.

     3. The provisions of this section do not apply to the filing of a rate, loss cost or deviation relating to a policy of industrial insurance.

     (Added to NAC by Comm’r of Insurance, eff. 6-20-90; A by R099-06, 6-28-2006)