{"data":{"id":"us-nv/nrs-690b.290","jurisdiction":"us-nv","citation":"NRS 690B.290","heading":"Insurer offering to issue claims-made policy required to offer extended reporting endorsement to certain practitioners; disclosure of formula used to determine premium.","body":"If an insurer offers to issue a claims-made policy to a practitioner licensed pursuant to chapter 630, 631, 632 or 633 of NRS, the insurer shall:\n1. Offer to issue an extended reporting endorsement to the practitioner; and\n2. Disclose to the practitioner the cost formula that the insurer uses to determine the premium for the extended reporting endorsement. The cost formula must be based on:\n(a) An amount that is not more than twice the amount of the premium for the claims-made policy at the time of the termination of that policy; and\n(b) The rates filed by the insurer and approved by the Commissioner.","path":["TITLE 57 — INSURANCE","CHAPTER 690B - CASUALTY INSURANCE","MEDICAL MALPRACTICE"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-690B.html#NRS690BSec290","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"a0f544927326bb7bae02608fe85086c9eb7de8acbfcfea8ff76baf8532ff5705","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-690b.280","next":"us-nv/nrs-690b.300"},"notice":"GroundRules: Original legal text. Not legal advice."}