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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 686B.1781: Payment of dividends: Prohibition against discrimination among policyholders; submission of plan for payments and other requirements related to industrial insurance.

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Where this section sits in the code
  1. TITLE 57 — INSURANCE
  2. CHAPTER 686B - RATES AND ESSENTIAL INSURANCE
  3. RATES AND SERVICE ORGANIZATIONS
  4. Advisory Organization for Industrial Insurance

1. An insurer shall not unfairly discriminate among its policyholders in paying a dividend, savings, unearned premium deposits or an equivalent abatement of premiums allowed or returned by an insurer for a policy of industrial insurance.

2. A plan for the payment of dividends for industrial insurance must be filed before there is a dividend payment. The plan shall be deemed approved unless the Commissioner disapproves the plan within 30 days after it is filed and received by the Commissioner. An insurer shall not condition the payment of a dividend upon the renewal of a policy or contract by the policyholder, member or subscriber.

3. An insurer paying savings, unearned premium deposits or an equivalent abatement for premiums allowed or returned for a policy of industrial insurance must receive prior approval.

Collected 2026-09-03T05:51:46Z. Source file · JSON

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