NRS 692C.353
Requirements for exempt insurer no longer qualified for exemption.

If an insurer that qualifies for an exemption pursuant to NRS 692C.352 subsequently no longer qualifies for that exemption as a result of changes in premium as reflected in the insurer’s most recent annual statement, or in the most recent annual statements of the insurers within the insurance group of which the insurer is a member, the insurer shall have 1 year after the date on which the threshold is exceeded to comply with the requirements of NRS 692C.351 to 692C.3548, inclusive.

Source: Section 692C.353 — Requirements for exempt insurer no longer qualified for exemption., https://www.leg.state.nv.us/NRS/NRS-692C.html#NRS692CSec353.

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.353’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_692c.353

Original Source: Section 692C.353 — Requirements for exempt insurer no longer qualified for exemption., https://www.leg.state.nv.us/NRS/NRS-692C.html#NRS692CSec353 (last accessed Jun. 24, 2021).