Statutes, codes, and regulations
Nevada Administrative Code
Chapter 679B - Commissioner of Insurance
GENERAL PROVISIONS
Section 679B.0335 - Reasonable and proper expenses of examination

Nev. Admin. Code § 679B.0335

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Current through December 31, 2024
Section 679B.0335 - Reasonable and proper expenses of examination

Reasonable and proper expenses, as described in NRS 679B.290, may include, but are not limited to:

1. For a financial examiner or market conduct examiner, a daily salary as defined in the Financial Condition Examiners Handbook or the Market Regulation Handbook, as applicable, published by the National Association of Insurance Commissioners, which has been adopted by reference in NAC 679B.033.
2. For expert assistants, a daily salary based upon the rate established in the contract approved by the State Board of Examiners.
3. The maximum per diem rate for the location of the examination as set forth in the Federal Travel Regulation System of the General Services Administration, 41 C.F.R. Chapter 301. A current schedule of the maximum per diem rates as set forth in the Federal Travel Regulation System of the General Services Administration, 41 C.F.R. Chapter 301, is available at no cost on the Internet at http://www.gsa.gov/perdiem .
4. Expenses for transportation, including, but not limited to, the cost of airfare, rail fare, taxicab fare and automobile rental and the reimbursement of any personal automobile expenses necessary to reach the location of the examination. The calculation of expenses for transportation may include expenses for transportation incurred by virtue of the length of time necessary to complete the examination.
5. Upon approval of the Commissioner, miscellaneous expenses incurred by the examiner and assistants while performing an examination. Miscellaneous expenses may include, but are not limited to, expenses for telephone calls, facsimile transmissions and postal charges relating to the examination.
6. An administrative charge, expressed as a percentage of the daily salary of the examiner or assistant, as provided in subsections 1 and 2 and as provided in the division budget approved by the Nevada Legislature.

Nev. Admin. Code § 679B.0335

Added to NAC by Comm'r of Insurance, eff. 5-23-96; A by R028-02, 5-31-2002; R171-08, 2-11-2009; A by R089-17AP, eff. 5/16/2018
NRS 679B.130