State statute · Nevada

NRS Chapter 686A, Secs. 686A.010-686A.730 complete, including 686A.130 rebates and 686A.310 unfair claim settlement practices: Trade Practices and Frauds

Publisher: Nevada Legislature
Edition: NRS Chapter 686A, current official online text, retrieved 2026-09-11
Last checked: 2026-09-11
Status: US state statute

Edition and licensing notes

Publisher. Nevada Legislature (leg.state.nv.us)

Status. US state statute; public domain.

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What this document is

NRS Chapter 686A - Trade Practices and Frauds (Secs. 686A.010-686A.730 complete, including 686A.130 rebates and 686A.310 unfair claim settlement practices) is a state statute published by Nevada Legislature (leg.state.nv.us). It is one of the Nevada documents that insurance license exam questions are written from, including nevada life & health, nevada property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

NRS § 686A.095(1) (Cancellation or Restriction of Agent's Authority Based Solely on Loss Ratio Experience)
“An insurer shall not, without the written consent of the agent, cancel a written agreement with an agent or reduce or restrict the agent’s authority to transact property or casualty insurance based solely on the loss ratio experience on insurance transacted by that agent, if the agent was required...”
NRS § 686A.070 (Falsification of or Knowing Omissions in Records or Statements; Penalty)
“1. A person subject to regulation under this Code shall not knowingly make or cause to be made any false entry of a material fact in any book, report or statement of any person or knowingly omit to make a true entry of any material fact pertaining to such person’s business in any book, report or...”
NRS § 686A.085 (Bank Prohibited From Requiring Purchase of Insurance From Affiliate)
“A bank shall not in any manner extend credit, lease or sell property of any kind, or furnish any services, or fix or vary the consideration for any of them, on the condition or requirement that the customer purchase insurance from a parent, subsidiary or affiliate of the bank.”
NRS § 686A.090 (Boycott, Coercion or Intimidation)
“No person shall enter into any agreement to commit, or by any concerted action commit, any act of boycott, coercion or intimidation resulting in or tending to result in unreasonable restraint of, or any monopoly in, any business of insurance.”
NRS § 686A.080 (Defamatory Statement Concerning Person Engaged or Proposing to Engage in the Business of Insurance)
“No person shall make, publish, disseminate or circulate, directly or indirectly, or aid, abet or encourage the making, publishing, disseminating or circulating of any oral or written statement or any pamphlet, circular, article or literature which is false, or maliciously critical of or derogatory...”
NRS § 686A.030 (Misrepresentation and False or Misleading Advertising of Insurance Policies)
“A person shall not make, issue, circulate or cause to be made, issued or circulated, any estimate, illustration, circular, statement, sales presentation or comparison which: 1. Misrepresents the benefits, advantages, conditions or terms of any insurance policy; 2. Misrepresents the dividends or...”
NRS § 686A.040 (False, Deceptive or Misleading Information and Advertising)
“No person shall make, publish, disseminate, circulate or place before the public, or cause, directly or indirectly, to be made, published, disseminated, circulated or placed before the public, in a newspaper, magazine or other publication, or in the form of a notice, circular, pamphlet, letter or...”
NRS § 686A.110(2) (Exception for Gifts of Limited Value)
“The provisions of this section do not prohibit any person, in the case of any policy or contract of life insurance, life annuity or health insurance, from providing to a policyholder or prospective policyholder prizes and gifts, goods, wares, merchandise, gift certificates, donations made to...”
NRS § 686A.120(1)(c) (Practices Not Deemed Discrimination or Rebates)
“(c) Readjusting the rate of premium for a group insurance policy based on the loss or expense experience thereunder, at the end of the first or any subsequent policy year of insurance thereunder, which may be made retroactive only for such policy year.”
NRS § 686A.055 (Use of Guaranty Association Existence in Advertising)
“A person who is an insurer or an agent or employee of an insurer shall not place before the public by any means any advertisement, announcement or statement which uses the existence of the Nevada Insurance Guaranty Association or the Nevada Life and Health Insurance Guaranty Association for the...”
NRS § 686A.100(2) (Health insurance: unfair discrimination in premiums, benefits and terms)
“No person may make or permit any unfair discrimination between persons of the same class and of essentially the same hazard in the amount of premium, policy fees or rates charged for any policy or contract of health insurance or in the benefits payable thereunder, or in any of the terms or...”
NRS § 686A.100(1) (Life insurance and annuities: unfair discrimination in rates, dividends and terms)
“No person may make or permit any unfair discrimination between persons of the same class and equal expectation of life in the rates charged for any contract of life insurance or of life annuity or in the dividends or other benefits payable thereon, or in any other of the terms and conditions of such contract.”

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