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Current as of January 01, 2025 | Updated by Findlaw Staff
The Commissioner may refuse to issue a license or certificate pursuant to this chapter or may place any person to whom a license or certificate is issued pursuant to this chapter on probation, suspend the person for not more than 12 months, or revoke or refuse to renew his or her license or certificate, or may impose an administrative fine or take any combination of the foregoing actions, for one or more of the following causes:
1. Providing incorrect, misleading, incomplete or partially untrue information in his or her application for a license.
2. Violating a law regulating insurance, or violating a regulation, order or subpoena of the Commissioner or an equivalent officer of another state.
3. Obtaining or attempting to obtain a license through misrepresentation or fraud.
4. Misappropriating, converting or improperly withholding money or property received in the course of the business of insurance.
5. Intentionally misrepresenting the terms of an actual or proposed contract of or application for insurance.
6. Conviction of a felony or a crime which involves theft, fraud, dishonesty or moral turpitude.
7. Admitting or being found to have committed an unfair trade practice or fraud.
8. Using fraudulent, coercive or dishonest practices, or demonstrated incompetence, untrustworthiness or financial irresponsibility in the conduct of business, or otherwise, in this State or elsewhere.
9. Denial, suspension or revocation of a license as a producer of insurance, or its equivalent, in any other state, territory or province.
10. Forging another's name to an application for insurance or any other document relating to the transaction of insurance.
11. Improperly using notes or other reference material to complete an examination for a license related to insurance.
12. Knowingly accepting business related to insurance from an unlicensed person.
13. Failing to comply with an administrative or judicial order imposing an obligation of child support.
14. Failing to pay a tax as required by law.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 683A.451. Authority of Commissioner; grounds for action - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-683a-451/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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