The Advisory Organization may:
- 1. Develop statistical plans including definitions for the classification of risks.
- 2. Collect statistical data from its members and subscribers or any other reliable source.
- 3. Prepare and distribute data on prospective loss costs.
- 4. Prepare and distribute manuals of rules and schedules for rating which do not permit calculating the final rates without using information other than the information in the manual.
- 5. Distribute any information filed with the Commissioner which is open to public inspection.
- 6. Conduct research and collect statistics to discover, identify and classify information on the causes and prevention of losses.
- 7. Prepare and file forms and endorsements for policies and consult with its members, subscribers and any other knowledgeable persons on their use.
- 8. Collect, compile and distribute information on the past and current premiums charged by individual insurers if the information is available for public inspection.
- 9. Conduct research and collect information to determine what effect changes in benefits to injured employees pursuant to chapters 616A to 617, inclusive, of NRS will have on prospective loss costs.
- 10. Prepare and distribute rules and rating values for the Uniform Plan for Rating Experience.
- 11. Calculate and provide to the insurer the modification of premiums based on the individual employer’s losses.
- 12. Assist an individual insurer to develop rates, supplementary rate information or other supporting information if authorized to do so by the insurer.
(Added to NRS by 1995, 2050; A 1997, 1450, 1451; 1999, 444, 2220, 2224; 2001, 154)