NRS 686A.183
Cease and desist orders and penalties for prohibited practices

  • modification and setting aside of Commissioner’s orders.

1.

After the hearing provided for in NRS 686A.160, the Commissioner shall issue an order on hearing pursuant to NRS 679B.360. If the Commissioner determines that the person charged has engaged in an unfair method of competition or an unfair or deceptive act or practice in violation of NRS 686A.010 to 686A.310, inclusive, the Commissioner shall order the person to cease and desist from engaging in that method of competition, act or practice, and may order one or both of the following:

(a)

If the person knew or reasonably should have known that he or she was in violation of NRS 686A.010 to 686A.310, inclusive, payment of an administrative fine of not more than $5,000 for each act or violation, except that as to licensed agents, brokers, solicitors and adjusters, the administrative fine must not exceed $500 for each act or violation.

(b)

Suspension or revocation of the person’s license if the person knew or reasonably should have known that he or she was in violation of NRS 686A.010 to 686A.310, inclusive.

2.

Until the expiration of the time allowed for taking an appeal, pursuant to NRS 679B.370, if no petition for review has been filed within that time, or, if a petition for review has been filed within that time, until the official record in the proceeding has been filed with the court, the Commissioner may, at any time, upon such notice and in such manner as the Commissioner deems proper, modify or set aside, in whole or in part, any order issued by him or her under this section.

3.

After the expiration of the time allowed for taking an appeal, if no petition for review has been filed, the Commissioner may at any time, after notice and opportunity for hearing, reopen and alter, modify or set aside, in whole or in part, any order issued by him or her under this section whenever in the opinion of the Commissioner conditions of fact or of law have so changed as to require such action or if the public interest so requires.

Source: Section 686A.183 — Cease and desist orders and penalties for prohibited practices; modification and setting aside of Commissioner’s orders., https://www.­leg.­state.­nv.­us/NRS/NRS-686A.­html#NRS686ASec183.

686A.010
Purpose. 686A.015
Jurisdiction of Commissioner 686A.020
Unfair methods and deceptive acts prohibited. 686A.025
Unfair acts and practices: Disclosure of nonpublic personal information in manner contrary to federal law. 686A.027
Unfair acts and practices: Use of contractual discount without applicable contractual relationship. 686A.030
Misrepresentation and false advertising of policies prohibited. 686A.040
False information and advertising prohibited. 686A.050
“Twisting” prohibited. 686A.055
Prohibited use of fact that insurance is covered by Nevada Insurance Guaranty Association or Nevada Life and Health Insurance Guaranty Association. 686A.060
Replacement of life insurance. 686A.070
Falsification of records or financial statements prohibited 686A.080
Defamatory statement concerning person engaged or proposing to engage in business of insurance prohibited. 686A.085
Bank prohibited from requiring customers to purchase insurance from parent, subsidiary or affiliate of bank. 686A.090
Boycott, coercion or intimidation tending to result in unreasonable restraint of or monopoly in business of insurance prohibited. 686A.095
Cancellation or restriction of agent’s authority based solely on submission of claims prohibited. 686A.100
Life insurance, annuities and health insurance: Unfair discrimination prohibited. 686A.110
Life insurance, annuities and health insurance: Rebates and other inducements prohibited 686A.120
Life insurance, annuities and health insurance: Exceptions to provisions limiting discrimination, rebates and use of securities as inducements. 686A.130
Property, casualty, surety and title insurance: Unfair discrimination and rebates prohibited 686A.140
Violations concerning rebates and inducements: Penalties 686A.150
Using security, advisory board contract or agreement offering or promising profit as inducement prohibited. 686A.160
Enforcement: Prohibited practices. 686A.170
Enforcement: Undefined practices. 686A.180
Service of process upon unauthorized insurers. 686A.183
Cease and desist orders and penalties for prohibited practices 686A.185
Review and finality of Commissioner’s orders. 686A.187
Penalties for violating cease and desist order. 686A.190
Interlocking ownership or management. 686A.200
Favored agent or insurer. 686A.210
Service and processing charges prohibited. 686A.220
Favored agent or surety for bonds under public building or construction contract. 686A.230
Illegal dealing in premiums 686A.240
Favoritism to groups prohibited 686A.250
Use of insurance or annuity as inducement for purchase or rental of property or services prohibited 686A.260
Revocation or suspension of license for violation of laws of other state. 686A.270
Knowledge of insurer of prohibited acts. 686A.280
Use of name deceptively implying person is insurer prohibited.
Last Updated

Jun. 24, 2021

§ 686A.183’s source at nv​.us