690B.280 - Disclosure of reasons for higher premium. - Nevada Statutes

690B.280  Disclosure of reasons for higher premium.  If an insurer, for a policy of professional liability insurance for a practitioner licensed pursuant to chapter 630, 631, 632 or 633 of NRS, sets the premium for the policy for the practitioner at a rate that is higher than the standard rate of the insurer for the applicable type of policy and specialty of the practitioner, the insurer shall, upon the request of the practitioner, disclose the reasons the insurer set the premium for the policy at the higher rate.

      (Added to NRS by 2003, 3361)