Nev. Admin. Code § 689B.040

Current through August 29, 2024

Section 689B.040 - Standards for rates

The rate charged by the insurer to a member or employer's group within the association must be based upon the experience of the entire association. Except as otherwise provided in NAC 689B.050, the insurer may not use rebates, surcharges, adjustments or similar rating standards for an employer's group based upon the claims experience of the employer's group.

Nev. Admin. Code § 689B.040

Added to NAC by Comm'r of Insurance, eff. 10-12-88

NRS 679B.130