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Nevada Revised Statutes Title 57. Insurance § 686C.100. “Member insurer”  defined

Current as of January 01, 2021 | Updated by FindLaw Staff

“Member insurer” means an insurer which is licensed or holds a certificate of authority to transact in this state any kind of insurance for which coverage is provided in this chapter or a health maintenance organization which holds a certificate of authority to operate in this State.  The term includes an insurer or health maintenance organization whose license or certificate of authority in this state has been suspended, revoked, not renewed or voluntarily withdrawn.  The term does not include:

1. A fraternal benefit society;

2. A mandatory state pooling plan;

3. A mutual assessment company or other person that operates on the basis of assessments;

4. An insurance exchange;

5. An organization that is authorized only to issue charitable gift annuities under NRS 688A.281 to 688A.285, inclusive;

6. A reinsurance program operated by the State Government;  or

7. An organization similar to any of those listed in subsections 1 to 6, inclusive.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 686C.100. “Member insurer”  defined - last updated January 01, 2021 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-686c-100/

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