Nevada § 679B.150 Measures to enhance public understanding of coverages and to encourage competition; standards for policies; criteria to determine suitability of contracts and sales practices

Nevada Statutes

§ 679B.150 — Measures to enhance public understanding of coverages and to encourage competition; standards for policies; criteria to determine suitability of contracts and sales practices

Nevada § 679B.150

Title 57INSURANCE

Ch. 679BCommissioner

GENERAL PROVISIONS

This text of Nevada § 679B.150 (Measures to enhance public understanding of coverages and to encourage competition; standards for policies; criteria to determine suitability of contracts and sales practices) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 679B.150 (2026).

Text

1. The Commissioner may:

(a)Take measures to enhance the public understanding of insurance coverages purchased by consumers and encourage price competition among insurers and a public understanding of the standards promulgated under paragraph (b).

(b)Develop, promulgate and revise as the Commissioner deems appropriate, standards in each of the several areas of insurance appropriate to be applied to policies sold in the State of Nevada. The standards must seek to ensure that policies are not unjust, unfair, inequitable, unfairly discriminatory, misleading, deceptive, obscure or encourage misrepresentation or misunderstanding of the contract.

(c)Develop criteria to determine the suitability of insurance contracts and the practices used in the sale of insurance. 2. This section does not pr

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1. The Commissioner may:
(a) Take measures to enhance the public understanding of insurance coverages purchased by consumers and encourage price competition among insurers and a public understanding of the standards promulgated under paragraph (b).
(b) Develop, promulgate and revise as the Commissioner deems appropriate, standards in each of the several areas of insurance appropriate to be applied to policies sold in the State of Nevada. The standards must seek to ensure that policies are not unjust, unfair, inequitable, unfairly discriminatory, misleading, deceptive, obscure or encourage misrepresentation or misunderstanding of the contract.
(c) Develop criteria to determine the suitability of insurance contracts and the practices used in the sale of insurance.
2. This section does not prohibit an insurer from offering policies encompassing standards more favorable to the insured than those promulgated under this section.