Nev. Rev. Stat. ch. 687A – Nevada Insurance Guaranty Association | Midpage

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Nevada Revised Statutes

Chapter 687A

Nev. Rev. Stat. ch. 687A

Nevada Insurance Guaranty Association

687A.010Short title 687A.020Applicability 687A.030Definitions 687A.031“Association” defined 687A.032“Assumed claims transaction” defined 687A.033“Covered claim” defined 687A.035“Insolvent insurer” defined 687A.037“Member insurer” defined 687A.039“Net direct written premiums” defined 687A.0393“Person” defined 687A.0395“Self-insurer” defined 687A.040Creation; membership; operation 687A.050Board of Directors: Members; vacancies; reimbursement of expenses 687A.060Obligations, rights, powers and duties of Association; actions involving Association 687A.070Plan of operation: Submission; amendments; approval by Commissioner; compliance; contents; delegation of duties or powers 687A.080Powers and duties of Commissioner 687A.090Subrogation; exceptions 687A.095Claim against person insured by insolvent insurer which is not covered claim 687A.097Limitations on certain claims against person insured by insolvent insurer 687A.100Exhaustion of remedies of insured 687A.103Reimbursement of Association by insolvent insurer 687A.107Hearing to determine whether insurer is insolvent: Notice; conduct; determination; regulations 687A.110Detection and prevention of insolvency: Powers of Board of Directors 687A.115Detection and prevention of insolvency: Powers of Commissioner 687A.120Examination of Association; annual financial report 687A.130Exemption of Association from payment of fees and taxes; exception 687A.140Rates and premiums to include recoupment of amount paid by Association 687A.150Immunity from liability 687A.160Proceedings involving insolvent insurer: Stay; access by Association to records of insurer