NV SB86 | 2019 | 80th Legislature

Status

Completed Legislative Action
Spectrum: Committee Bill
Status: Passed on June 1 2019 - 100% progression
Action: 2019-06-01 - Approved by the Governor. Chapter 295.
Text: Latest bill text (Enrolled) [PDF]

Summary

AN ACT relating to insurance; revising provisions governing the payment of the expenses for an examination of an insurer; eliminating certain requirements relating to reporting of closed claims for medical liability insurance; eliminating the requirement that certain expired, suspended or terminated certificates be surrendered; requiring certain insurers to file quarterly statements; eliminating certain countersignature requirements; revising certain requirements for an application for a certificate of registration as an administrator; revising provisions governing annual reports filed by an administrator; revising provisions requiring an adjuster to maintain in this State a place of business; authorizing the Commissioner of Insurance to designate certain insurers as domestic surplus lines insurers; revising provisions governing the appointment of the directors of a nonprofit organization of surplus lines brokers; revising provisions governing fees which may be charged by certain brokers; authorizing the Commissioner to assess against an insurer the actual cost for the external actuarial review of a rate filing of a health plan; revising requirements relating to certificates of registration as a provider of service contracts; authorizing the Commissioner to issue a certificate of dormancy to certain captive insurers; revising provisions governing state-chartered risk retention groups for consistency with the accreditation standards of the National Association of Insurance Commissioners; revising provisions governing the suspension or revocation of a license of a captive insurer; revising certain requirements relating to certain financial transactions by a captive insurer; establishing or revising minimum capital requirements for certain insurers; making certain provisions governing rates and service organizations and portability and accountability of certain health benefit plans applicable to health maintenance organizations; revising provisions governing insurers in receivership; providing a penalty; and providing other matters properly relating thereto.

Tracking Information

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Title

Makes various changes relating to the regulation of insurers by the Division of Insurance of the Department of Business and Industry. (BDR 57-238)

Sponsors


Roll Calls

2019-05-24 - Assembly - Assembly Final Passage (Y: 32 N: 7 NV: 0 Abs: 2) [PASS]
2019-04-17 - Senate - Senate Final Passage (Y: 21 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2019-06-01SenateApproved by the Governor. Chapter 295.
2019-05-30SenateEnrolled and delivered to Governor.
2019-05-29SenateAssembly Amendment No. 845 concurred in. To enrollment.
2019-05-27SenateIn Senate.
2019-05-24AssemblyRead third time. Passed, as amended. Title approved, as amended. (Yeas: 32, Nays: 7, Excused: 2, Vacant: 1.) To Senate.
2019-05-23AssemblyTaken from General File. Placed on General File for next legislative day.
2019-05-23AssemblyPlaced on General File.
2019-05-23AssemblyTaken from Chief Clerk's desk.
2019-05-23AssemblyFrom printer. To reengrossment. Reengrossed. Second reprint. To Chief Clerk's desk.
2019-05-22AssemblyRead second time. Amended. (Amend. No. 845.) Placed on Chief Clerk's desk. To printer.
2019-05-22AssemblyPlaced on Second Reading File.
2019-05-22AssemblyFrom committee: Amend, and do pass as amended.
2019-04-18AssemblyRead first time. Referred to Committee on Commerce and Labor. To committee.
2019-04-18AssemblyIn Assembly.
2019-04-17SenateRead third time. Passed, as amended. Title approved, as amended. (Yeas: 21, Nays: None.) To Assembly.
2019-04-17SenateFrom printer. To engrossment. Engrossed. First reprint.
2019-04-16SenateRead second time. Amended. (Amend. No. 4.) To printer.
2019-04-16SenatePlaced on Second Reading File.
2019-04-16SenateFrom committee: Amend, and do pass as amended.
2019-02-04SenateRead first time. To committee.
2018-11-26SenateFrom printer.
2018-11-20SenatePrefiled. Referred to Committee on Commerce and Labor. To printer.

Nevada State Sources


Bill Comments

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