Section 686B.835 - Distribution of premiums paid and losses incurred1. The premiums paid and losses incurred by insurers for industrial insurance provided pursuant to the Nevada Workers' Compensation Insurance Plan must be: (a) Ceded first to the National Workers' Compensation Reinsurance Pool; and(b) Redistributed periodically based on the proportionate voluntary market share of each participant in the pool, as set forth in:(1) The Articles of Agreement of the National Workers' Compensation Reinsurance Pool; or(2) The Quota Share Reinsurance Agreement of the National Council on Compensation Insurance, which is hereby adopted by reference.2. A copy of the Quota Share Reinsurance Agreement of the National Council on Compensation Insurance may be obtained, free of charge, from the National Council on Compensation Insurance, Customer Service Center, 901 Peninsula Corporate Circle, Boca Raton, Florida 33487, telephone (800) 622-4123.Nev. Admin. Code § 686B.835
Added to NAC by Comm'r of Insurance by R091-98, 11-2-98, eff. 7-1-99; A by R111-04, 5-24-2005