Casualty Insurers May Advertise for Workers' Compensation

Bulletin 98-006 November 12, 1998 CASUALTY INSURERS MAY ADVERTISE FOR WORKER'S COMPENSATION A casualty insurer may commence advertising workers' compensation insurance at any time after the insurer has received a certificate of authority that specifically includes workers' compensation as an authorized line of insurance. Such advertising must be in conformance with NRS 686A.010 to 686A.080 inclusive and must contain a disclosure statement that workers' compensation coverage cannot have an effective date prior to July 1, 1999. An insurer, agent, or broker may not solicit, negotiate or produce a policy of workers' compensation insurance in Nevada until all of the materials required pursuant to Section II of Bulletin No. 98-002, dated April 7, 1998, have been filed with the Division of Insurance. In no case may a policy of workers' compensation insurance be effective before July 1, 1999. An agent or broker may not solicit, negotiate, or sell workers' compensation insurance unless he has successfully completed an approved course of instruction on workers' compensation insurance. Pursuant to regulations adopted by the Commissioner, an insurer must verify that an agent or broker has completed an approved course before accepting an application for insurance from the agent or broker. ALICE A. MOLASKY-ARMAN Commissioner of Insurance