NV AB370

Division of Insurance must establish and post a toll-free telephone number on its website for consumers to file complaints about how service contract providers handle claims

Commissioner of Insurance must adopt regulations creating a 1-to-5 star rating system for service contract providers based on regulatory compliance and complaint history

Star ratings must be posted on the Division's website, updated periodically per a schedule set by the Commissioner, and providers may appeal their assigned rating

Service contracts must include a plainly written statement (in font no smaller than the contract's main text) informing holders they can contact the Division's toll-free number if dissatisfied with claim handling

Fiscal impact on state government anticipated; no impact on local government