Nevada § 686B.178 Disapproval of rates: Commissioner required to issue written order stating reasons for disapproval and date by which insurer must discontinue use of rate

Nevada Statutes

§ 686B.178 — Disapproval of rates: Commissioner required to issue written order stating reasons for disapproval and date by which insurer must discontinue use of rate

Nevada § 686B.178

Title 57INSURANCE

Ch. 686BRates

Advisory Organization for Industrial Insurance

This text of Nevada § 686B.178 (Disapproval of rates: Commissioner required to issue written order stating reasons for disapproval and date by which insurer must discontinue use of rate) 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.178 (2026).

Text

If the Commissioner disapproves a rate, the Commissioner shall issue a written order stating the reasons for the disapproval and stating the date when the rate must no longer be used for policies which are issued or renewed. The date established by the Commissioner must be within a reasonable period after the written order is issued. The Commissioner shall issue the order within 30 days after the hearing. The Commissioner may require that the premiums be adjusted after the date of the order for those policies in effect on the date of the order.

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If the Commissioner disapproves a rate, the Commissioner shall issue a written order stating the reasons for the disapproval and stating the date when the rate must no longer be used for policies which are issued or renewed. The date established by the Commissioner must be within a reasonable period after the written order is issued. The Commissioner shall issue the order within 30 days after the hearing. The Commissioner may require that the premiums be adjusted after the date of the order for those policies in effect on the date of the order.