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NRS 684A.040 - License required; penalties; exception to requirement for licensure for certain salaried employees of insurer. [Effective January 1, 2020.]

NV Rev Stat § 684A.040 (2019) (N/A)
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1. Except as otherwise provided in NRS 684A.060, no person may act as, or hold himself or herself out to be, an adjuster in this State unless then licensed as such under the applicable adjuster’s license issued under the provisions of this chapter.

2. Any person violating the provisions of this section is guilty of a gross misdemeanor.

3. Except as otherwise provided in NRS 684A.060, a person who acts as an adjuster in this State without a license is subject to an administrative fine of not more than $1,000 for each violation.

4. A salaried employee of an insurer who investigates, negotiates or settles workers’ compensation claims may, but is not required to, obtain a license as a company adjuster pursuant to this chapter. The provisions of subsections 1, 2 and 3 do not apply to a salaried employee of an insurer.

(Added to NRS by 1971, 1662; A 2001, 2211; 2011, 3363; 2017, 169; 2019, 3035, effective January 1, 2020)

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NRS 684A.040 - License required; penalties. [Effective through December 31, 2019.]
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NRS 684A.050 - Concurrent licensing as independent, public, company and staff adjuster prohibited; fees.