Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter687B Contracts of Insurance |
MISCELLANEOUS POLICIES |
NAC687B.620. Multiple line packages.
Latest version.
-
1. A multiple line package is an integrated policy which includes two or more of the following kinds of insurance:
(a) Fire and allied lines.
(b) Casualty.
(c) Surety.
(d) Inland marine.
2. Each multiple line package must be considered as a separate and complete insurance instrument, and must be so treated in all matters involving rating techniques, filing procedures, statistical reporting and statutory proceedings.
3. Any licensed rating organization which files a specific multiple line package assumes full responsibility for its filing.
[Comm’r of Insurance, PC-11, eff. 9-23-72]—(Substituted in revision for NAC 687B.410)