Nevada Revised Statutes Title 57. Insurance § 695F.190. Requirements for reserve

(a) Must be deposited in a trust account in a financial institution which is located in this state and which is federally insured or insured by a private insurer approved pursuant to NRS 672.755. The income earned on money in the account must be paid to the organization and used for its operations.

(b) Is in addition to the reserve established by the organization according to good business and accounting practices for incurred but unreported claims and other similar claims.