Nev. Admin. Code § 680C.200

Current through November 8, 2024
Section 680C.200 - Annual fee
1. Each insurer described in subsection 5 of NRS 680C.110 shall pay the following annual fee that is determined by the Commissioner pursuant to subsection 6 of NRS 680C.110 and is based on the direct written premiums reported to the Commissioner by the insurer during the previous year:
(a) Less than $1 in direct written premiums.......................................................................... $1,500
(b) At least $1 but not more than $100,000 in direct written premiums................................. $1,800
(c) More than $100,000 but not more than $1,000,000 in direct written premiums............... $2,100
(d) More than $1,000,000 but not more than $5,000,000 in direct written premiums............ $2,800
(e) More than $5,000,000 in direct written premiums........................................................... $3,600
2. The insurer shall pay the annual fee required in subsection 1 pursuant to NAC 680C.220.

Nev. Admin. Code § 680C.200

Added to NAC by Comm'r of Insurance by R024-17, 12-19-2017, eff. 7-1-2019

NRS 679B.130, 680C.110