Nevada Revised Statutes Title 57. Insurance § 689C.1565. Coverage to small employers not required under certain circumstances;  notice to Commissioner of and prohibition on writing new business after election not to offer new coverage required

(a) During any period in which the Commissioner determines that requiring the carrier to provide such coverage would place the carrier in a financially impaired condition.

(b) If the carrier elects not to offer any new coverage to any small employers in this State. A carrier that elects not to offer new coverage in accordance with this paragraph may maintain its existing policies issued to small employers in this State, subject to the requirements of NRS 689C.310 and 689C.320.