{"data":{"id":"us-nv/nrs-686b.17605","jurisdiction":"us-nv","citation":"NRS 686B.17605","heading":"“Prospective loss cost” defined.","body":"“Prospective loss cost” means the portion of a rate that is based on historical aggregate losses and loss adjustment expenses which are adjusted to their ultimate value and projected to a future point in time. Except as otherwise provided in this section, the term does not include provisions for expenses or profit.","path":["TITLE 57 — INSURANCE","CHAPTER 686B - RATES AND ESSENTIAL INSURANCE","RATES AND SERVICE ORGANIZATIONS","Advisory Organization for Industrial Insurance"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-686B.html#NRS686BSec17605","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"8a78a3ea328f7c573ba26c1fa2c55db11da6efcfcefe49e72fdffc1190fe8bd2","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-686b.176","next":"us-nv/nrs-686b.1761"},"notice":"GroundRules: Original legal text. Not legal advice."}