2. Should be approved or disapproved. (Added to NRS by 2003, 3351) NRS 686B.119 Notice of material change in premiums based upon change in zip code of policyholder. Each insurer shall notify its policyholders, in a manner which the Commissioner shall prescribe by regulation, if the policyholders’ premiums for insurance will be materially increased or decreased because the zip code assigned to the address of the policyholder is changed by the United States Postal Service. (Added to NRS by 1991, 2117) NRS 686B.125 Limitation on rates for coverage for dental care. No insurer, organization or person licensed pursuant to this title may sell or offer to sell any contract providing coverage for dental care at a rate which is excessive for the benefits offered to the insured or member. For the purpose of this section, a ratio of losses to premiums collected which is less than 75 percent is presumed to show an excessive rate. (Added to NRS by 1983, 2028) NRS 686B.130 Limitation on services relating to rates of insurance; services of rate service organization and advisory organization to be offered to any insurer. 1. A rate service organization and an advisory organization shall not provide any service relating to the rates of any insurance subject to NRS 686B.010 to 686B.1799, inclusive, and an insurer shall not utilize the services of an organization for such purposes unless the organization has obtained a license pursuant to NRS 686B.140. 2. A rate service organization and an advisory organization shall not refuse to supply any services for which it is licensed in this state to any insurer authorized to do business in this state and offering to pay the fair and usual compensation for the services. (Added to NRS by 1971, 1702; A 1985, 1069; 1995, 2056) NRS 686B.140 Licensing of rate service organization and advisory organization: Application; issuance, expiration and renewal of license. [Effective until the date of repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.] 1. A rate service organization or an advisory organization applying for a license as required by NRS 686B.130 must include with its application: (a) A copy of its constitution, charter, articles of organization, agreement, association or incorporation, and a copy of its bylaws, plan of operation and any other rules or regulations governing the conduct of its business; (b) A list of its membership and subscribers; (c) The name and address of one or more residents of this State upon whom notices, process affecting it or orders of the Commissioner may be served; (d) A statement showing its technical qualifications for acting in the capacity for which it seeks a license; (e) If the applicant is a natural person who wishes to obtain a license as a rate service organization, the statement required pursuant to NRS 686B.143; (f) Any other relevant information and documents that the Commissioner may require; and (g) The applicable fee. 2. If the applicant is a natural person, the application must include the social security number of the applicant. 3. Every organization which has applied for a license pursuant to subsection 1 shall thereafter promptly notify the Commissioner of every material change in the facts or in the documents on which its application was based. 4. If the Commissioner finds that the applicant and the natural persons through whom it acts are competent, trustworthy and technically qualified to provide the services proposed, and that all requirements of law are met, he shall issue a license specifying the authorized activity of the applicant. He shall not issue a license if the proposed activity would tend to create a monopoly or to lessen or destroy competition in prices. 5. A license issued pursuant to this section continues in effect until the licensee leaves the State or until the license is suspended, revoked or otherwise terminated. A license may be renewed upon: (a) If the licensee is a natural person who has been issued a license as a rate service organization, submission of the statement required pursuant to NRS 686B.143 and payment of the applicable fee for renewal to the Commissioner on or before the last day on which the license is renewable; or (b) If the licensee is an advisory organization or a rate service organization that is not a natural person, payment of the applicable fee for renewal to the Commissioner on or before the last day on which the license is renewable. 6. A license which is not renewed annually expires on March 1. The Commissioner may accept a request for renewal received by him within 30 days after the expiration of the license if the request is accompanied by: (a) If the licensee is a natural person who has been issued a license as a rate service organization, the statement required pursuant to NRS 686B.143 and a fee for renewal of 150 percent of the fee otherwise required; or (b) If the licensee is a rate service organization that is not a natural person or is an advisory organization, a fee for renewal of 150 percent of the fee otherwise required. 7. Any amendment to a document filed pursuant to paragraph (a) of subsection 1 must be filed at least 30 days before it becomes effective. Failure to comply with this subsection is a ground for revocation of the license granted pursuant to subsection 4. (Added to NRS by 1971, 1702; A 1987, 463; 1995, 2056; 1997, 2197, 2210) NRS 686B.140 Licensing of rate service organization and advisory organization: Application; issuance, expiration and renewal of license. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.] 1. A rate service organization or an advisory organization applying for a license as required by NRS 686B.130 must include with its application: (a) A copy of its constitution, charter, articles of organization, agreement, association or incorporation, and a copy of its bylaws, plan of operation and any other rules or regulations governing the conduct of its business; (b) A list of its membership and subscribers; (c) The name and address of one or more residents of this state upon whom notices, process affecting it or orders of the Commissioner may be served; (d) A statement showing its technical qualifications for acting in the capacity for which it seeks a license; (e) Any other relevant information and documents that the Commissioner may require; and (f) The applicable fee. 2. Every organization which has applied for a license pursuant to subsection 1 shall thereafter promptly notify the Commissioner of every material change in the facts or in the documents on which its application was based. 3. If the Commissioner finds that the applicant and the natural persons through whom it acts are competent, trustworthy and technically qualified to provide the services proposed, and that all requirements of law are met, he shall issue a license specifying the authorized activity of the applicant. He shall not issue a license if the proposed activity would tend to create a monopoly or to lessen or destroy competition in prices. 4. A license issued pursuant to this section continues in effect until the licensee leaves the state or until the license is suspended, revoked or otherwise terminated. A license may be renewed by payment of the applicable fee for renewal to the Commissioner on or before the la

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