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Nevada Revised Statutes Title 57. Insurance § 691E.240. License or registration required to act as travel administrator; responsibilities and duties of insurer with respect to travel administrator; travel administrator required to make certain books and records available to Commissioner

Current as of January 01, 2025 | Updated by Findlaw Staff

1. Notwithstanding any other provision of this title, a person shall not act or represent himself or herself as a travel administrator in this State unless the person holds a:

(a) License as a producer of insurance issued by the Commissioner pursuant to NRS 683A.261 or 683A.271 for a line of authority specified in paragraph (c) or (d) of subsection 1 of NRS 683A.261;

(b) License as a managing general agent issued by the Commissioner pursuant to NRS 683A.160; or

(c) Certificate of registration as an administrator issued by the Commissioner pursuant to NRS 683A.08524.

2. An insurer is responsible for:

(a) The acts of a travel administrator administering travel insurance underwritten by the insurer; and

(b) Ensuring that the travel administrator maintains all books and records relevant to the insurer.

3. A travel administrator shall make available to the Commissioner upon request the books and records described in paragraph (b) of subsection 2.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 691E.240. License or registration required to act as travel administrator; responsibilities and duties of insurer with respect to travel administrator; travel administrator required to make certain books and records available to Commissioner - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-691e-240/

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