What is the primary statute governing the use of insurance policies in Nevada?

The primary statute governing the use of insurance policies in Nevada is found in Nevada Revised Statutes (NRS) Chapter 687B. This chapter addresses various aspects of insurance policies, including definitions, requirements for policy forms, and standards for conduct both for insurers and policyholders. It serves as a foundational framework for understanding how insurance operates within the state, covering essential rules that must be adhered to during the issuance and management of insurance policies.

This chapter is vital for practitioners as it outlines the obligations insurance companies have towards their policyholders and the rights of policyholders under Nevada law. Understanding the regulations established in this chapter is crucial for anyone involved in insurance law in Nevada, as they set the direction for compliance and legal standards in the insurance industry.

In contrast, other chapters listed focus on different areas of insurance or other related regulations, but do not encompass the primary rules and governing statutes pertinent to insurance policies themselves.