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Current as of January 01, 2025 | Updated by Findlaw Staff
1. The Commissioner may disapprove a rate filed by an insurer at any time.
2. The Commissioner shall disapprove a rate if:
(a) An insurer has failed to meet the requirements for filing a rate pursuant to this chapter or the regulations of the Commissioner;
(b) The rate is inadequate or unfairly discriminatory and the interaction among insurers and employers is competitive; or
(c) A rate is inadequate, excessive or unfairly discriminatory and the Commissioner has found and issued an order that the interaction among the insurers and employers is not competitive.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 686B.1779. Disapproval of rates: Authority of Commissioner; required grounds - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-686b-1779/
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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