NRS 616B.460: Election by employer to purchase industrial insurance from private carrier; cancellation of policy by employer to purchase insurance from another insurer.

1. An employer may elect to purchase industrial insurance from a private carrier for his or her employees pursuant to chapters 616A to 617, inclusive, of NRS.

2. An employer who cancels a policy of industrial insurance to elect to purchase insurance from an insurer other than the employer’s present insurer shall comply with the reporting requirements of NRS 616B.461.