NAC686B.500. Filing and forwarding of supporting data regarding rates.  


Latest version.
  •      1. An insurer or rate service organization shall promptly forward to the Division any of the following information requested by the Division for each filing of supporting data required by the Commissioner pursuant to NRS 686B.100:

         (a) Relevant profitability reports.

         (b) Descriptions of the components of losses.

         (c) Components of expenses for both current and proposed rates, excluding the items for loss adjustment expenses.

         (d) Income earned on the money of policyholders that is expressed as a percentage of earned premium.

         (e) Any other related matters or actuarial information that is requested.

         2. An insurer or rate service organization shall, at the request of the Division, forward a copy of the filing to any other person named by the Division. The insurer or rate service organization shall provide to the Division satisfactory proof that the filing was forwarded to that person.

     (Added to NAC by Comm’r of Insurance, eff. 1-27-92)