NRS 692C.3526
Waiver of requirements by Commissioner.

An insurer that does not qualify for an exemption pursuant to NRS 692C.352 may apply to the Commissioner for a waiver from the requirements of NRS 692C.351 to 692C.3548, inclusive, based on unique circumstances. In deciding whether to grant the insurer’s request for a waiver, the Commissioner may consider the type and volume of business written, ownership and organizational structure, and any other factor the Commissioner considers relevant to the insurer or insurance group of which the insurer is a member. If the insurer is part of an insurance group with insurers domiciled in more than one state, the Commissioner shall coordinate with the lead state commissioner and with the other domiciliary commissioners in considering whether to grant the insurer’s request for a waiver.

Source: Section 692C.3526 — Waiver of requirements by Commissioner., https://www.leg.state.nv.us/NRS/NRS-692C.html#NRS692CSec3526.

692C.351
Risk management framework required. 692C.352
Exemption from risk management and ORSA requirements. 692C.353
Requirements for exempt insurer no longer qualified for exemption. 692C.354
Allowed disclosure of information by Commissioner 692C.3512
Own Risk and Solvency Assessment requirement. 692C.3514
Filing of ORSA Summary Report. 692C.3516
Required attestation of ORSA Summary Report. 692C.3518
Acceptable alternative to ORSA Summary Report. 692C.3522
Filing requirements for exempt member of nonexempt insurance group. 692C.3524
Filing requirements for nonexempt member of exempt insurance group. 692C.3526
Waiver of requirements by Commissioner. 692C.3528
Authority of Commissioner to impose certain requirements on exempt insurer. 692C.3532
Contents of ORSA Summary Report. 692C.3534
Review of ORSA Summary Report. 692C.3536
Confidentiality of information. 692C.3538
Confidential information: Testimonial prohibition 692C.3542
Sharing of information by Commissioner not delegation of regulatory authority or rulemaking. 692C.3544
Disclosure of information to Commissioner not waiver of privilege of confidentiality. 692C.3546
Applicability of confidentiality provisions to NAIC and third parties. 692C.3548
Prohibited acts

Last Updated

Jun. 24, 2021

§ 692C.3526’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_692c.3526

Original Source: Section 692C.3526 — Waiver of requirements by Commissioner., https://www.leg.state.nv.us/NRS/NRS-692C.html#NRS692CSec3526 (last accessed Jun. 24, 2021).