{"data":{"id":"us-nv/nrs-679b.400","jurisdiction":"us-nv","citation":"NRS 679B.400","heading":"Legislative findings and declarations; purposes.","body":"1. The Legislature finds and declares that:\n(a) Stabilizing the cost of insurance is of vital concern to the residents of this state; and\n(b) It is necessary to establish a comprehensive system to collect, analyze and distribute information concerning the cost of insurance in order to stabilize that cost effectively.\n2. The purposes of NRS 679B.400 to 679B.460, inclusive, are to:\n(a) Promote the public welfare by studying the relationship of premiums and related income of insurers to costs and expenses of insurers;\n(b) Develop measures to stabilize prices for insurance while continuing to provide insurance of high quality to the residents of this state;\n(c) Permit and encourage competition between insurers on a sound financial basis to the fullest extent possible;\n(d) Establish a mechanism to ensure the provision of adequate insurance at reasonable rates to the residents of this state; and\n(e) Protect the rights of customers of insurance in this state.","path":["TITLE 57 — INSURANCE","CHAPTER 679B - COMMISSIONER OF INSURANCE","STABILIZATION OF INSURANCE COSTS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-679B.html#NRS679BSec400","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"c14b438459de3a10e08301a52c892299d2aff5358d308fc85f0c65d182ed98de","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-679b.380","next":"us-nv/nrs-679b.410"},"notice":"GroundRules: Original legal text. Not legal advice."}