effective date of the current policy, which causes the risk of loss to be substantially and materially increased beyond that contemplated at the time the policy was issued or last renewed; (f) A determination by the Commissioner that continuation of the insurer’s present volume of premiums would jeopardize the insurer’s solvency or be hazardous to the interests of policyholders of the insurer, its creditors or the public; or (g) A determination by the Commissioner that the continuation of the policy would violate, or place the insurer in violation of, any provision of the Code. 2. No cancellation under subsection 1 is effective until in the case of paragraph (a) of subsection 1 at least 10 days and in the case of any other paragraph of subsection 1 at least 30 days after the notice is delivered or mailed to the policyholder. 3. The provisions of this section do not apply to a policy of industrial insurance. (Added to NRS by 1971, 1724; A 1987, 986; 2003, 3313) NRS 687B.325 Industrial insurance policies: Midterm cancellation; notice to policyholder. 1. No policy of industrial insurance that has been in effect for at least 70 days or that has been renewed may be cancelled by the insurer before the expiration of the agreed term or 1 year after the effective date of the policy or renewal, whichever occurs first, except on any one of the following grounds: (a) A failure by the policyholder to pay a premium for the policy of industrial insurance when due, including the failure of the policyholder to remit an amount due because of an endorsement for a deductible; (b) A failure by the policyholder to: (1) Report any payroll; (2) Allow the insurer to audit any payroll in accordance with the terms of the policy or any previous policy issued by the insurer; or (3) Pay any additional premium charged because of an audit of any payroll as required by the terms of the policy or any previous policy issued by the insurer; (c) A material failure by the policyholder to comply with any federal or state order concerning safety or any written recommendation of the insurer’s designated representative for loss control; (d) A material change in ownership of the policyholder or any change in the policyholder’s business or operations that: (1) Materially increases the hazard for frequency or severity of loss; (2) Requires additional or different classifications for the calculation of premiums; or (3) Contemplates an activity that is excluded by any reinsurance treaty of the insurer; (e) A material misrepresentation made by the policyholder; or (f) A failure by the policyholder to cooperate with the insurer in conducting an investigation of a claim. 2. An insurer shall not cancel a policy of industrial insurance pursuant to paragraph (a) of subsection 1 except upon 10 days’ written notice submitted by the insurer to the policyholder. 3. Except as otherwise provided in this subsection, an insurer shall not cancel a policy of industrial insurance pursuant to paragraph (b), (c), (d), (e) or (f) of subsection 1 except upon 30 days’ written notice by the insurer to the policyholder. An insurer is not required to provide a written notice to a policyholder pursuant to this subsection if the policyholder and the insurer consent to the cancellation of the policy of industrial insurance and to the reissuance of another policy of industrial insurance effective upon a material change in the ownership or operations of the insured. If the policyholder corrects the condition to the satisfaction of the insurer within the period specified in the policy of insurance, the insurer shall not cancel the policy. 4. Any written notice submitted to a policyholder pursuant to this section must be given by first-class mail addressed to the policyholder at the address of the policyholder set forth in the policy of industrial insurance. Evidence indicating that a written notice specified in this section has been mailed is sufficient proof of notice. 5. The provisions of this section do not prohibit, during any period in which a policy of industrial insurance is in force, any change in the premium rate required or authorized by any law, regulation or order of the Commissioner, or otherwise agreed upon by the policyholder and the insurer. 6. For the purposes of this section, any policy of industrial insurance that is written for a term of more than 1 year, or any policy of industrial insurance with no fixed date of expiration, shall be deemed to be written for successive periods of 1 year. (Added to NRS by 2003, 3310; A 2005, 2134) NRS 687B.330 Anniversary cancellation. A policy issued for a term longer than 1 year may be cancelled by the insurer by giving notice of the cancellation: 1. For commercial or business policies, 60 days before any anniversary date of the policy. 2. For all other policies, 30 days before any anniversary date of the policy. (Added to NRS by 1971, 1725; A 1987, 987) NRS 687B.340 Nonrenewals. 1. Subject to subsection 2, a policyholder has a right to have his policy renewed, on the terms then being applied by the insurer to persons, similarly situated, for an additional period equivalent to the expiring term if the agreed term is 1 year or less, or for 1 year if the agreed term is longer than 1 year, unless: (a) At least 60 days for commercial or business policies; and (b) At least 30 days for all other policies, before the date of expiration provided in the policy the insurer mails or delivers to him a notice of intention not to renew the policy beyond the agreed expiration date. If an insurer fails to provide a timely notice of nonrenewal, the insurer shall provide the insured with a policy of insurance on the identical terms as in the expiring policy. 2. This section does not apply if the policyholder has accepted replacement coverage or has requested or agreed to nonrenewal, or if the policy is expressly designated as nonrenewable by a clause approved or deemed to be approved by the Commissioner. (Added to NRS by 1971, 1725; A 1971, 1950; 1987, 987) NRS 687B.345 Annual review of coverage and benefits provided in policy. Each insurer who delivers a policy in this state which is effective for 1 year or more may, for the period in which the policy is effective, review annually with the policyholder to whom the policy is delivered the coverage and benefits provided in the policy. (Added to NRS by 1995, 1747) NRS 687B.350 Renewal with altered terms. 1. Except as otherwise provided in subsection 2, an insurer shall not renew a policy on different terms, including different rates, unless the insurer notifies the insured in writing of the different terms or rates at least 30 days before the expiration of the policy. If the insurer fails to provide adequate and timely notice, the insurer shall renew the policy at the expiring terms and rates: (a) For a period that is equal to the expiring term if the agreed term is 1 year or less; or (b) For 1 year if the agreed term is more than 1 year. 2. The provisions of this section do not apply to a policy of industrial insurance. (Added to NRS by 1971, 1725; A 1995, 1747; 2003, 3314) NRS 687B.355 Information about claims paid on behalf of policyholder; regulations. 1. If a policyholder requests information for the renewal of his policy, an insurer shall provide to the policyholder information regarding claims paid on behalf of the policyholder. The information must be provided within 30 working days after the insurer receives a written request from the policyholder. The insurer may charge the policyholder a reasonable fee for the information. 2. The Commissioner may adopt regulations to carry out the provisions of subsection 1. (Added to NRS by 1991, 2

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