NAC686B.725. Hearings to review filings: Issuance and notice of order for hearing; scheduling; procedural requirements.

     1. If the Commissioner deems it appropriate, the Commissioner will issue an order for a hearing to allow consideration of a filing and send the order by certified mail to the insurer not less than 20 days before the hearing. A copy of the order will be posted at the Division’s offices and at the location of the hearing.

     2. If an order is issued pursuant to subsection 1, the hearing must be scheduled to enable the Commissioner to make his or her decision within the time authorized for each proposed increase in the rate of any kind or line of insurance or subdivision thereof by subsection 1 of NRS 686B.110, unless the parties stipulate to a later date.

     3. A hearing conducted pursuant to the provisions of this section will comply with the procedural requirements for a hearing set forth in NAC 686B.730 to 686B.765, inclusive.

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