616B.722 - Liability of insurer for payment of compensation. - Nevada Statutes

616B.722  Liability of insurer for payment of compensation.  A private carrier who contracts to provide industrial insurance coverage for a consolidated insurance program pursuant to NRS 616B.712 is liable to pay each claim for industrial insurance that is covered by the program, regardless of whether:

      1.  The claim is filed after the completion of the construction project; or

      2.  Any party to the contract is not transacting business within this State at the time the claim is filed.

      (Added to NRS by 1999, 3145)