Nevada Revised Statutes 684A.023 – ‘Automated claims adjudication system’ defined
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‘Automated claims adjudication system’ means a preprogrammed computer system which:
Terms Used In Nevada Revised Statutes 684A.023
- Contract: A legal written agreement that becomes binding when signed.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
1. Is designed for the collection, data entry, calculation and final resolution of claims arising under an insurance contract for portable electronic insurance coverage;
2. Is used by a licensed adjuster, licensed agent or person supervised by a licensed adjuster or licensed agent; and
3. Complies with the requirements of this Code concerning the payment of claims.