NRS 686A.330 Definitions. NRS 686A.335 Applicability of chapter 696B of NRS. NRS 686A.340 Engaging in business of company without license prohibited. NRS 686A.350 Exemptions from requirement of licensing. NRS 686A.360 Application for license. NRS 686A.370 True name and fictitious name of licensee; grounds for disapproval of name. NRS 686A.380 Renewal of license. NRS 686A.385 Schedule of rates and charges to be filed with Commissioner. NRS 686A.390 Approval of forms. NRS 686A.400 Records: Maintenance; form of preservation; open to Commissioner. NRS 686A.410 Examination of company by Commissioner. NRS 686A.420 Contents of agreement. NRS 686A.430 Furnishing of completed copy of agreement to insured. NRS 686A.440 Interest; prepayment. NRS 686A.450 Permissible charges: Late payment; returned check; collection costs or attorney’s fees. NRS 686A.460 Cancellation of insurance policy by company. NRS 686A.470 Return of unearned premium. NRS 686A.480 Prohibited payments: Membership in motor club; policy of insurance covering death or dismemberment. NRS 686A.490 No recourse against agent; limitation on inducements; prohibited acts by company, agent or broker. NRS 686A.500 Disclosure of financial interest required; agent or broker who submits or performs services in connection with agreement prohibited from receiving compensation. NRS 686A.510 Penalties. NRS 686A.520 Applicability of other provisions. USE OF CONSUMER CREDIT INFORMATION NRS 686A.600 Definitions. NRS 686A.610 “Adverse action” defined. NRS 686A.620 “Affiliate” defined. NRS 686A.630 “Consumer credit report” defined. NRS 686A.640 “Consumer reporting agency” defined. NRS 686A.650 “Credit information” defined. NRS 686A.660 “Insurance score” defined. NRS 686A.670 Applicability. NRS 686A.680 Consumer credit reports: Uses; limitations. NRS 686A.690 Reunderwriting or rerating of insured; refund of premium. NRS 686A.700 Disclosure of use of credit information. NRS 686A.710 Notice requirements after taking adverse action. NRS 686A.720 Indemnification of agent by insurer. NRS 686A.730 Consumer reporting agencies: Prohibitions; exemptions. _________ GENERAL PROVISIONS NRS 686A.010 Purpose. The purpose of NRS 686A.010 to 686A.310, inclusive, is to regulate trade practices in the business of insurance in accordance with the intent of Congress as expressed in the Act of Congress approved March 9, 1945, being c. 20, 59 Stat. 33, also designated as 15 U.S.C. §§ 1011 to 1015, inclusive, and Title V of Public Law 106-102, 15 U.S.C. §§ 6801 et seq. (Added to NRS by 1971, 1688; A 2001, 2214) NRS 686A.015 Jurisdiction of Commissioner; Commissioner to establish program to investigate unfair and deceptive trade practices. 1. Notwithstanding any other provision of law, the Commissioner has exclusive jurisdiction in regulating the subject of trade practices in the business of insurance in this state. 2. The Commissioner shall establish a program within the Division to investigate any act or practice which constitutes an unfair or deceptive trade practice in violation of the provisions of NRS 686A.010 to 686A.310, inclusive. (Added to NRS by 1975, 1284; A 1995, 2698) NRS 686A.020 Unfair methods and deceptive acts prohibited. A person shall not engage in this state in any practice which is defined in NRS 686A.010 to 686A.310, inclusive, as, or determined pursuant to NRS 686A.170 to be, an unfair method of competition or an unfair or deceptive act or practice in the business of insurance. (Added to NRS by 1971, 1688; A 1975, 1287; 1977, 432) NRS 686A.025 Unfair acts and practices: Disclosure of nonpublic personal information in manner contrary to federal law. 1. Disclosure of nonpublic personal information in a manner contrary to the provisions of subchapter 1 of Title V of Public Law 106-102, 15 U.S.C. §§ 6801-6809 is an unfair act or practice in the business of insurance within the meaning of this chapter. 2. As used in this section, “nonpublic personal information” has the meaning ascribed to it in 15 U.S.C. § 6809(4). 3. The Commissioner shall adopt regulations necessary to carry out the provisions of this section. (Added to NRS by 2001, 2214) NRS 686A.030 Misrepresentation and false advertising of policies prohibited. A person shall not make, issue, circulate or cause to be made, issued or circulated, any estimate, illustration, circular, statement, sales presentation or comparison which: 1. Misrepresents the benefits, advantages, conditions or terms of any insurance policy; 2. Misrepresents the dividends or share of the surplus to be received on any insurance policy; 3. Makes any false or misleading statement as to the dividends or share of surplus previously paid on any insurance policy; 4. Is misleading or is a misrepresentation as to the financial condition of any person, or as to the legal reserve system upon which any life insurer operates; 5. Uses any name or title of any policy or class of insurance policies misrepresenting the true nature thereof; 6. Is a misrepresentation for the purpose of inducing or tending to induce the lapse, forfeiture, exchange, conversion or surrender of any insurance policy; 7. Is a misrepresentation for the purpose of effecting a pledge or assignment of or effecting a loan against any insurance policy; or 8. Misrepresents any insurance policy as being shares of stock. (Added to NRS by 1971, 1688; A 1975, 1287) NRS 686A.040 False information and advertising prohibited. No person shall make, publish, disseminate, circulate or place before the public, or cause, directly or indirectly, to be made, published, disseminated, circulated or placed before the public, in a newspaper, magazine or other publication, or in the form of a notice, circular, pamphlet, letter or poster, or over any radio or television station, or in any other way, any advertisement, announcement or statement containing any assertion, representation or statement with respect to the business of insurance or with respect to any person in the conduct of his insurance business, which is untrue, deceptive or misleading. (Added to NRS by 1971, 1688) NRS 686A.050 “Twisting” prohibited. No person shall make or issue, or cause to be made or issued, any written or oral statement misrepresenting or making misleading comparison as to the terms, conditions, benefits or advantages of any insurance policy for the purpose of inducing, or attempting or tending to induce, any other person to lapse, forfeit, surrender, borrow against, retain, exchange, convert or otherwise deal with or dispose of any insurance policy. (Added to NRS by 1971, 1688) NRS 686A.055 Prohibited use of fact that insurance is covered by Nevada Insurance Guaranty Association or Nevada Life and Health Insurance Guaranty Association. A person who is an insurer or an agent or employee of an insurer shall not place before the public by any means any advertisement, announcement or statement which uses the existence of the Nevada Insurance Guaranty Association or the Nevada Life and Health Insurance Guaranty Association for the purpose of inducing the purchase of, or discouraging the termination of, any insurance covered by the Association. This section does not apply to either of the associations named. (Added to NRS by 1977, 432; A 1991, 882) NRS 686A.060 Replacement of life insurance. In addition to other powers of the Commissioner in respect thereto, the Commissioner may by regulation require persons who replace or offer or propose to replace existing life insurance wi

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