Nev. Rev. Stat. § 686B.1779
Disapproval of rates: Authority of Commissioner; required grounds
Nevada · Nevada Revised Statutes Chapter 686B — Rates and Essential Insurance · Status: effective
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- Citation
- Nev. Rev. Stat. § 686B.1779, Disapproval of rates: Authority of Commissioner; required grounds, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2146707
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Full text
1. The Commissioner may disapprove a rate filed by an insurer at any time.
2. The Commissioner shall disapprove a rate if:
(a) An insurer has failed to meet the requirements for filing a rate pursuant to this chapter or the regulations of the Commissioner;
(b) The rate is inadequate or unfairly discriminatory and the interaction among insurers and employers is competitive; or
(c) A rate is inadequate, excessive or unfairly discriminatory and the Commissioner has found and issued an order that the interaction among the insurers and employers is not competitive.