Nev. Rev. Stat. § 685A.0375 – “Nonadmitted insurer” defined | Midpage

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Nevada Revised Statutes

§ 685A.0375

Nev. Rev. Stat. § 685A.0375

“Nonadmitted insurer” defined

Effective Oct 1, 2019(Added to NRS by 2011, 2011; A 2019, 1701)

1. “Nonadmitted insurer” means an insurer not authorized to engage in the business of insurance in this State.
2. The term includes a domestic surplus lines insurer.
3. The term does not include a risk retention group as that term is defined in 15 U.S.C. § 3901(a)(4).

(Added to NRS by 2011, 2011; A 2019, 1701)