Nevada Assigned Risk Policy Renewal and Premium Payments

Posted Date: Current
    

Circular FYI-Plan-NV-2013-01 (PDF) details the responsibilities of employers and producers in accordance with state statutes and NCCI's assigned risk rules.

Recently, there have been instances where assigned risk renewal premiums sent via regular mail have not been received by the carrier before the policy effective date or cancellation date, potentially resulting in a lapse in coverage and monetary penalties.