{"data":{"id":"us-nv/nrs-686b.1786","jurisdiction":"us-nv","citation":"NRS 686B.1786","heading":"Large-deductible agreements: Applicability.","body":"This section and NRS 686B.17863 and 686B.17867 apply to any policy of industrial insurance which:\n1. Is issued by an insurer which:\n(a) Has a rating of less than “A-” from A.M. Best Company, Inc., or a substantially equivalent rating from another rating agency, as determined by the Commissioner; and\n(b) Has less than $200,000,000 in surplus, with surplus calculated as the difference between the insurer’s net admitted assets and the insurer’s total liabilities;\n2. Contains a large-deductible agreement;\n3. Is not issued to a federal, state or local governmental entity; and\n4. Is issued for delivery or renewed on or after January 1, 2018.","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#NRS686BSec1786","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"f15cdf5f70d408e35fae5eeab2e6e267e2666b974de15d5182ce48456542dd44","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-686b.1785","next":"us-nv/nrs-686b.17863"},"notice":"GroundRules: Original legal text. Not legal advice."}