Public-domain · open source
OpenJurist

Nevada Chapter 694C — Captive Insurers

65 sections hosted, reproduced from the official public-domain source.

  • NRS 694C.010— Definitions
  • NRS 694C.020— “Affiliated company” defined
  • NRS 694C.030— “Agency captive insurer” defined
  • NRS 694C.035— “Alien captive insurer” defined
  • NRS 694C.040— “Association” defined
  • NRS 694C.050— “Association captive insurer” defined
  • NRS 694C.053— “Branch business” defined
  • NRS 694C.055— “Branch captive insurer” defined
  • NRS 694C.057— “Branch operations” defined
  • NRS 694C.060— “Captive insurer” defined
  • NRS 694C.070— “Commissioner” defined
  • NRS 694C.075— “Controlled unaffiliated business” defined
  • NRS 694C.080— “Division” defined
  • NRS 694C.085— “Dormant captive insurer” defined
  • NRS 694C.090— “Member organization” defined
  • NRS 694C.100— “Mutual insurer” defined
  • NRS 694C.110— “Parent” defined
  • NRS 694C.113— “Participant” defined
  • NRS 694C.115— “Participant contract” defined
  • NRS 694C.117— “Protected cell” defined
  • NRS 694C.120— “Pure captive insurer” defined
  • NRS 694C.130— “Reciprocal insurer” defined
  • NRS 694C.140— “Rental captive insurer” defined
  • NRS 694C.141— “Risk retention group” defined
  • NRS 694C.143— “Sponsor” defined
  • NRS 694C.147— “Sponsored captive insurer” defined
  • NRS 694C.149— State-chartered risk retention group” defined
  • NRS 694C.150— “Stock insurer” defined
  • NRS 694C.155— Applicability of chapter 696B
  • NRS 694C.160— Applicability of other provisions
  • NRS 694C.170— Regulations
  • NRS 694C.180— Formation of captive insurer
  • NRS 694C.190— Name
  • NRS 694C.195— Sponsored captive insurer: Formation; conditions for formation and licensure; requirements for sponsor and participants
  • NRS 694C.200— Authorization to apply for license in certain circumstances; license required to transact insurance; penalty
  • NRS 694C.210— Application: Requirement; contents
  • NRS 694C.215— Application: Sponsored captive insurer required to file certain information with Commissioner
  • NRS 694C.220— Application: Fees; Commissioner authorized to retain professional services relating to examination of applicant; cost of services
  • NRS 694C.230— Issuance of license; annual renewal; fees
  • NRS 694C.240— Insurer required to include business plan with application for issuance and renewal of license; updates to business plan
  • NRS 694C.250— Capital or surplus required: Amount; form; Commissioner authorized to prescribe additional requirements; letter of credit; use of surplus note
  • NRS 694C.259— Certificate of dormancy: Application; powers and duties of certificate holder; renewal; expiration; surrender; revocation; regulations
  • NRS 694C.270— Suspension or revocation of license: Grounds; hearings
  • NRS 694C.300— Authorized and prohibited types of insurance
  • NRS 694C.310— Meetings of board of directors; additional requirements to transact insurance; review by Commissioner of qualifications of manager
  • NRS 694C.320— Plan for payment of dividends; regulations
  • NRS 694C.330— Payment of dividends and extraordinary dividends
  • NRS 694C.340— Compliance with requirements relating to investments; loan to parent or affiliated company by pure captive insurer in certain circumstances
  • NRS 694C.350— Reinsurance; credit for reserves on risks or portions of risks in certain circumstances; plan for workers’ compensation deemed reinsurance in certain circumstances
  • NRS 694C.360— Use of insurance of captive insurer to satisfy requirements relating to insurance on vehicles subject to Nevada Transportation Authority or Taxicab Authority prohibited; exception
  • NRS 694C.370— Insurer not required to join rating organization
  • NRS 694C.380— Insurer prohibited from joining or contributing to or receiving benefit for claims from assigned risk pool or insurance insolvency guaranty fund
  • NRS 694C.382— Combining assets for investment
  • NRS 694C.384— Security for branch operations
  • NRS 694C.386— Alien captive insurer: Issuance of certificate related to branch operations; registration
  • NRS 694C.388— Alien captive insurer: Reports and statements
  • NRS 694C.389— State-chartered risk retention group: Compliance with laws and requirements applicable to liability insurers
  • NRS 694C.390— State-chartered risk retention group: Required filings
  • NRS 694C.392— State-chartered risk retention group: Board of directors; material service provider contracts; audit committee; written policies, governance standards and code of business conduct; duty to notify domestic regulator of material noncompliance
  • NRS 694C.400— Submission of annual report of financial condition, audit and financial statement to Commissioner; regulations designating form; alternative date to file annual report; penalties for failing to comply or making false statement
  • NRS 694C.410— Examinations: Conducted by Commissioner; frequency; Commissioner authorized to obtain professional services; cost
  • NRS 694C.415— Examinations: Branch captive insurer; alien captive insurer
  • NRS 694C.450— Taxes on premiums: Imposition; deposit; nonrefundable credit
  • NRS 694C.455— Tax on premiums: Applicable only to branch business of branch captive insurer
  • NRS 694C.460— Fees and assessments received by the Commissioner to be credited to the Fund for Insurance Administration and Enforcement