Property and Casualty required industry reports

Property & Casualty Required Industry Reports

The following list of Property and Casualty required industry reports is provided by the Department of Business and Industry, Division of Insurance. The list is not all inclusive. It is the responsibility of each insurance company and applicable entity to know Nevada’s laws, regulations and bulletins as they pertain to an individual company license. It is also the responsibility of each insurer and applicable entity to adhere to reporting laws, regulations and bulletins that become effective after this list has been distributed. For more information, please contact Elena Ahrens at (775) 687-0764, or at eahrens@doi.state.nv.us.

NAC 690B.320	Casualty Insurance
Report Name :	Report contract of insurance for a motor vehicle liability policy
Due Date:	15th day of each month (reporting change effective 2/2010, See SB 312 (2009))
Special Instructions:	Report to Department of Motor Vehicles as set forth in NRS 485.313 to 485.318

NRS 690B.250	Medical Malpractice
Report Name :	Closed Claims Report with indemnity payments of more than $5,000
Due Date:	Within 45 days of settlement or award
Special Instructions:	Report to Applicable Licensing Board

NRS 690B.260	Medical Malpractice
Report Name :	Closed Claims Report for each claim and any change to a closed claim in a previous quarter
Due Date:	Within 45 days of settlement or award
Special Instructions:	Report to Commissioner

NRS 690B.340 NAC 690B.515	Medical Malpractice
Report Name :	Notice of settlements and judgments that exceed limits of coverage
Due Date:	Within 45 days of settlement or award
Special Instructions:	Report to Commissioner

NRS 690B.360 NAC 690B.510	Medical Malpractice
Report Name :	Monitor compliance with applicable standards for rates
Due Date:	September 1 of each year
Special Instructions:	Report to Commissioner

NRS 690B.370 NAC 690B.570	Medical Malpractice
Report Name :	Loss prevention and control report
Due Date:	September 1 of each year
Special Instructions:	Report to Commissioner

NAC 686B.361 NRS 679B.400 - .460	Rates and Essential Insurance
Report Name :	Statistical Report: Reporting to statistical agents
Due Date:	See Special Instructions*
Special Instructions:	Report to fast track - 45 days after year end. Also, see NAC 686B.365 to 686B.380

NRS 686B.1773	Rates and Essential Insurance
Report Name :	Industrial Insurance
Due Date:	Contact NCCI
Special Instructions:	Report to NCCI. Experience for policies of industrial insurance. Applies to all private carriers of industrial insurance.