Nevada § 686B.1774 Commissioner required to determine whether interaction among insurers and employers for buying and selling industrial insurance is competitive

Nevada Statutes

§ 686B.1774 — Commissioner required to determine whether interaction among insurers and employers for buying and selling industrial insurance is competitive

Nevada § 686B.1774

Title 57INSURANCE

Ch. 686BRates

Advisory Organization for Industrial Insurance

This text of Nevada § 686B.1774 (Commissioner required to determine whether interaction among insurers and employers for buying and selling industrial insurance is competitive) 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. § 686B.1774 (2026).

Text

1.The Commissioner shall determine whether the interaction among insurers and employers for the buying and selling of industrial insurance is competitive. Competition among these insurers is presumed to exist unless the Commissioner specifically finds, after a hearing and review of the structure, performance and conduct of the insurers, that there is no reasonable degree of competition among them and that the interaction is not competitive. Any finding by the Commissioner that there is no competition among the insurers and that the interaction is not competitive, expires 1 year after the date it is issued.

2.To determine whether competition exists among insurers, the Commissioner shall review existing information available to the Commissioner or participate in the development of new sour

Free access — add to your briefcase to read the full text and ask questions with AI

1. The Commissioner shall determine whether the interaction among insurers and employers for the buying and selling of industrial insurance is competitive. Competition among these insurers is presumed to exist unless the Commissioner specifically finds, after a hearing and review of the structure, performance and conduct of the insurers, that there is no reasonable degree of competition among them and that the interaction is not competitive. Any finding by the Commissioner that there is no competition among the insurers and that the interaction is not competitive, expires 1 year after the date it is issued.
2. To determine whether competition exists among insurers, the Commissioner shall review existing information available to the Commissioner or participate in the development of new sources of such information. The Commissioner may conduct his or her own studies, cooperate with knowledgeable officers in other states, hire outside consultants or conduct studies in any other appropriate manner.